Market News

The expansion of the capacity of the hungarian solar park has frozen

In January, the expansion of the hungarian solar park capacity froze again, thus for the third time in a year the installed capacity of solar power plants of 50 kW...

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GM to resume production of Chevrolet Bolt electric cars in April

General Motors plans to restart production of the Chevrolet Bolt electric vehicles in early April and begin shipping to auto dealers shortly thereafter....

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Half of Hungarians consider personal banking to be old-fashioned

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(HU) Javult a ZEW németországi gazdasági hangulatindexe februárban

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(HU) Elemzők: a tavalyi GDP-növekedés felülmúlta a várakozásokat

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(HU) A negyedik negyedévben lassult a gazdasági növekedés üteme az euróövezetben és az EU-ban

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Leading Western European stock markets closed with significant minus

Major European stock markets closed sharply weaker on Monday due to rising geopolitical tensions....

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More than three-quarters of consumers have changed their shopping habits since the pandemic began

Eighty-five percent of the Hungarian population is a member of a loyalty or discount program, regardless of gender, while the decisive role of gender in the popularity of each program...

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The difficulties of Italian apple exports could lead to a rapid recovery of European reserves

Logistical problems are hampering Italian apple exports, but rising input prices are not making the sector any easier. According to an analysis by the Italian Apple Growers Association (Assomela), there...

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This year, you can apply for GEOfood international trademark use in several rounds

This year, local producers and restaurants in the Novohrad-Nógrád Geopark can apply for the GEOfood international brand in three stages; the first deadline is February 20, 2022, however, anyone who...

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In Romania, the value of foreign direct investment increased by almost 142 percent last year

In Romania, the value of foreign direct investment increased by almost 142 percent last year to 7.251 billion euros compared to 2020, the National Bank of Romania said on Monday....

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Energy Agency launches consumer protection campaign

The Hungarian Energy and Utilities Regulatory Office (MEKH) is launching a consumer protection campaign on its website and Facebook page, Mekh President Péter János Horváth announced in a statement on...

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AM: call for proposals for state gene conservation tasks

The Ministry of Agriculture (AM) considers gene collections not only guarded within the framework of state institutions, but also those managed by the civil sphere, to be of paramount importance,...

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(HU) Vegán farsangi tippek: így készül a növényi alapú szalagos fánk

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Sándor Farkas: Hungarian agriculture is performing better

Hungarian agriculture has been performing better in recent years, and this can be seen not only in crop quantities, but also in quality, development opportunities and added value, the Parliamentary...

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OTP calls attention to fraud

Sándor Csányi, president and CEO of OTP Bank, has never told any media about the possibility of making cryptocurrency money, and he distances himself in the strongest terms from any...

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Chemical microreactor system installed at The University of Pannonia

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The most popular brands are also trademark users

Savencia Fromage & Dairy Hungary Zrt.’s brands first joined the ‘Buy Hungarian! Protect domestic products!’ campaign of Hungarian Product, and based on their positive experiences they trademarked popular cheese brands...

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Hungarian inflation at 2007 heights

In January 2022, consumer prices were on average 7.9 percent higher than a year before. Inflation was last higher in August 2007, the Central Statistical Office (KSH) reported on Friday....

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MNB: prices in January increased mainly due to higher food prices

Inflation rose by 0.5 percentage point month-on-month in January, mainly due to an increase in the price index for food, and to a lesser extent for industrial goods and market...

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AM: The foundations of modern grape and wine production have been established

Thanks to the efforts of the last 12 years, the foundations of the 21st century grape and wine production have been established in Hungary, said the State Secretary of the...

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The food industry consultation was successfully concluded

The traditional start-up meeting between the Ministry of Agriculture (AM) and food industry organizations has been successfully concluded, the Ministry of Agriculture told MTI on Friday. According to the information,...

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The National Chamber of Agriculture is launching a training for cheese judges

The National Chamber of Agriculture (NAK), with the support of the Dairy Interprofessional Organization and Product Council, is organizing a cost-effective cheese judge training organized by the Hungarian Cheese Makers’...

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The value of corporate acquisitions in Hungary increased by half last year

The total value of corporate mergers and acquisitions (M&A) in Hungary last year was 1.67 billion USD (520.8 billion HUF), which was almost 50 percent higher than in 2020, said...

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The EU has approved the use of domestical crickets as food

The European Commission has authorized the marketing of domestical crickets (Acheta domesticus) as a novel food or food ingredient in the European Union, the EU committee announced on Friday. The...

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The price crash persists: will the wave of bankruptcies come alongside cheap gasoline?

The freeze on fuel prices lasted until 15 February, and in his speech today Prime Minister Viktor Orbán announced that this will be extended by 3 months. What does the...

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Stereotypes keep women out of science.

February 11th is World Women and Girls in Science Day, which since 2015 has been dedicated to raising awareness of the important role of women in research, engineering and IT...

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Inflationary disaster looms: Price increase could bring Hungary’s economic growth to the ground

While economic growth is expected to pick up again after the winter slowdown, further rises in energy prices are causing higher inflationary pressures and dampening economic growth, the European Commission...

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(HU) Folyamatosan bővül hazánk mezőgazdasági fóliahulladék gyűjtő rendszere

By collecting and utilizing agricultural film waste, we can significantly reduce the environmental impact and contribute to the preservation of our created world, Minister of Agriculture István Nagy declared on...

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Hungarian beekeepers get great help

The Ministry of Agriculture has always placed great emphasis on helping Hungarian beekeepers, as without a strong beekeeping sector, there is no strong agriculture, Minister of Agriculture István Nagy said...

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