Market News
NAV seized fake perfumes and untaxed cigarettes
About four million forints worth of perfume and three million forints worth of tobacco were seized by employees of the National Tax and Customs Administration (NAV) during an inspection of...
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Prices are racing in the eurozone
Inflation in the euro area accelerated to a record high in November, mainly due to the continued significant rise in energy prices. According to a preliminary estimate by Eurostat, the...
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There will be enough fish for Christmas in the fish counters
At the end of the harvesting period, this year’s fish harvest is already visible, compared to previous years, but at the same time fish producers can meet the hungarian Christmas...
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Two of Europe’s highest quality saliva sample-based Covid-19 tests available in Hungary: AmonMed and UltiMed
Antigen tests have come a long way in the pandemic defense toolbox since spring 2020. Initially, the health profession and some experts underestimated their importance, which was related to the...
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Did Omicron cause the COVID infection? New procedure will help you find out
According to several renowned Hungarian virologists, it is only a matter of time before Hungary is hit by a new version of the coronavirus, called omikron, originating in South Africa....
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Corporate auctions soar, another explosion could come next year
At the end of the moratorium on repayments, many companies may be forced to part with their modern machines and assets purchased for credit, which could thus enter the second...
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We can make Christmas happier for those in need with five different yeast brands
The budafoki yeast manufacturer invites customers to a joint charity action before Christmas with the involvement of partner bakeries. Customers can not only take care of the festive cakes of...
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Going greener in the autumn too
Last year the pandemic brought many uncertainties and in 2021 the main goal of BS Plastic has been to restore stability. Kitti Büki-Kovács, marketing manager of BS Plastic told our...
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Agrármarketing Centrum: there will be enough fish for Christmas
Fish farmers will be able to meet the needs of domestic Christmas fish consumption, despite the fact that this year’s fish harvest will be lower than in previous years, the...
Read moreGovernment subsidies and soft loans also supported investment
The volume of investment in the third quarter exceeded the pre-crisis level, in which the government’s and the central bank’s support and concessional loan programs, but also the inflow of...
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KSH: employment increased in October
In October, the average monthly number of employees aged 15-74 was 4,688,000, 86,000 more than a year before. According to the three-month moving average used as the main indicator, the...
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Chamber of Agriculture: the hail damage mitigation system is effective
This year, farmers reported hail damage for 39,000 hectares, compared to the 72,000 hectares in the year before the national hail mitigation system started to opeate, Győrffy Balázs, President of...
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Economic sentiment in the euro area deteriorated in November
The euro area economic sentiment index deteriorated as expected in November, when another wave of the coronavirus was on the rise in several countries. According to data posted on the...
Read moreInflation is on nearly thirty-year highs in Germany in November
According to preliminary data, inflation in Germany rose further in November, according to a report by the German Federal Statistical Office, Destatis, published on Monday. In November, according to preliminary...
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Magazine: Beyond meat sticks
From 5 kilograms of processed meat products sold one kilogram is wiener or frankfurter. This category has the biggest share in the processed meat category. Sales are declining a little...
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KSH: enterprises and the manufacturing industry pulled the investments in the third quarter
Investment continued to expand in the third quarter, up 12.4 percent from a year before. Among enterprises, investments increased by 21.8 percent, while developments in the budgetary bodies realizing 13...
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The new market hall in Mezőcsát, Borsod County was handed over
The new market hall in Mezőcsát, Borsod-Abaúj-Zemplén County completed from 115 million forints was handed over on Friday. At the ceremony, Tállai András, Parliamentary State Secretary of the Ministry of...
Read more14 percent of customers are willing to pay more at Christmas for faster delivery, according to one analysis
This year, people started their Christmas shopping earlier than before, with 14 percent of shoppers willing to pay more for faster or guaranteed delivery, and 29 percent choose the more...
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Falling traffic, less damages – The home office discount could be the big gun in this year’s kgfb campaign
It is estimated that by the end of the year, half a million car owners will still have to decide the fate of their third party liability insurance starting next...
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Consumer trust and brand equity correlate
In the last 18 months the pandemic had an influence on the world of brand building too. Experience is that in times of uncertainty consumers don’t want new innovations but...
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Bonus develops antimicrobial dish sponge
As a reaction to the pandemic, Siklós-based Bonus Kft. developed an antimicrobial dish sponge. Inside the Bioactive Sponge bacteria and fungi are killed and viruses are inactivated, thanks to the...
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Hungary is self-sufficient from turkey meat
Turkey meat producers have been challenged not only this year by declining catering and hotel consumption due to the coronavirus pandemic, but also by the re-emergence of bird flu. Nevertheless,...
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SZTNH: at the forefront of Hungarian protection companies among the most successful Hungarian companies
Almost 31,000 industrial property rights applications are related to the largest Hungarian companies, but 97 percent of them are related to only 5 companies, according to a recent study by...
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Nébih found no problem with the quality of the baby sponge cakes, but marking errors were found
In the Supermenta product test, 24 baby sponge cake and baby sponge cake-type products were examined by experts from the National Food Chain Safety Authority (Nébih). According to Nébih’s information...
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More and more imports of garlic in Hungary
The garlic poduction area in Hungary has been steadily declining for years, with 27 percent less harvested in 2020 than a year before, agrarszektor.hu wrote. Thus, the Hungarian supply has...
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Magazine: The taste of quality!
Ádám Roland Kiss, wine and champagne buying manager of Tesco told our magazine that sparkling wine and wine sales are both growing by double-digit numbers in Tesco stores. More than...
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Making agrifood systems more resilient to shocks: Lessons from the COVID-19 pandemic
Countries need to make their agrifood systems more resilient to sudden shocks of the kind witnessed during the COVID-19 pandemic, which has emerged as a major driver of the latest...
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Fewer sweets can be sold on the Hungarian market during the holidays, but in higher value
According to the expectations of confectionery manufacturers, fewer seasonal sweets may be sold on the domestic market this year, but in terms of value, they expect a slight increase, Magyar...
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Nébih: avian flu has appeared in more counties
The presence of avian influenza was confirmed by the laboratory of the National Food Chain Safety Office in poultry flocks in Hajdú-Bihar and Szabolcs-Szatmár-Bereg counties on Wednesday, Nébih told MTI....
Read more58 percent of Hungarian companies plan to provide year-end benefits to their employees
At the end of the year, 58 percent of Hungarian companies plan to provide some kind of benefits to their employees, according to the October survey of Magyar Utalvány Zrt.....
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