Market News
Borsodi is the official beer of the Hungarian national football team
Borsodi Brewery and the Hungarian Football Federation have signed a cooperation agreement. In connection with UEFA Euro 2024, Borsodi Brewery will be the official beer of the Hungarian men’s national...
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MNB: the activity of the commercial real estate market may increase with economic growth
After the vacancy rates in the office market and industrial-logistics continued to rise in 2023 with subdued demand and significant new transfers, the activity of the commercial real estate market...
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The EP approved the review of the EU’s common agricultural policy
The revision of the common agricultural policy (CAP) was approved at the plenary session of the European Parliament in Strasbourg, the aim of which is to reduce the administrative burden...
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Coca-Cola signs $1.1bn deal with Microsoft in generative AI push
The drinks group has been working with generative AI for nearly a year and is using Azure OpenAI throughout its business. The Coca-Cola Company has signed a $1.1bn deal with...
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Hungarian strawberries are already ripening, a good harvest is expected this year
Hungarian strawberries are already ripening in heated and unheated foil tents, and the harvest can also begin in open-field plantations at the beginning of May. According to the overview of...
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6 in 10 Gen Zs prioritise user experience and trustworthy reviews
Over 75% rely on reviews and customer service when shopping, Shopee Malaysia’s survey reveals Sixty percent of Gen Z shoppers prioritise platforms with easy search, comparison functionalities, and trustworthy reviews,...
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French supermarkets have to inform shoppers about shrinkflation
From 1 July, supermarkets in France will have to alert customers to instances of so-called “shrinkflation”, when retailers or manufacturers make their products smaller without reducing the price. When a...
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Agrometeorology: rainfall was good for plant development
The cool weather of the past few days stopped the premature, extremely fast development of the plants, and the precipitation was also good for the vegetation. In the continuation, warmer...
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KSH: Gross average earnings were HUF 605,400 in February 2024, 14.0 percent higher than a year earlier
In February 2024, the gross average earnings of those employed full-time was HUF 605,400, and the net average earnings calculated with discounts taken into account was HUF 417,100. The gross...
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Sándor Czomba: 566 micro, small and medium-sized enterprises receive capacity-building support
566 people successfully applied for the capacity expansion support aimed at micro, small and medium enterprises, the budget of the program, which started in January this year, is HUF 6.5...
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UN: worldwide food insecurity continued to increase last year
The insecurity of the food supply has increased further in 2023, according to the UN report published on Wednesday, according to which 282 million people are in urgent need of...
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Can free Facebook and Instagram without personalized advertisements come?
Great anticipation preceded the decision of the EU Data Protection Board (EDPB) regarding the data protection aspects of the “consent or pay” business model used mostly by Meta. What is...
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Nébih is reporting on product size reductions
On 1 March a National Food Chain Safety Office (Nébih) database was launched, where shoppers can find out how much the size of certain products has reduced. This article is...
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Kroger-Albertsons mega-merger at risk
The US Federal Trade Commission (FTC) is opposing the controversial merger of the supermarket chains Kroger and Albertsons, fearing it will lead to higher prices for consumers and worse working...
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One in four adults wants to quit smoking due to price increases
According to the results of a recent research in England, the increase in the price of cigarettes and the awareness of the health risks of smoking are encouraging more and...
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Annual Costs From Climate Change Set To Total €35 Trillion
A study by the Potsdam Institute for Climate Impact Research (PIK) has estimated that the global economy faces approximately $38 trillion (€35.61 trillion) in damages each year due to the...
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Displacing the voles and the invasive plant is a challenge at the same time
In the last hundred years, February and March have been like this three times, as far as heat and warm weather are concerned. This unusual weather means for the plants...
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MyPrice (Mere) faces problems with Belgian expansion
Russian discounter MyPrice‘s jubilant announcement that the opening of a fourth and fifth Belgian store was imminent, was more than a little premature. Both stores face unforeseen problems: the Antwerp...
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Pepsi debuts limited-edition peach and lime flavors for summer
The sodas, which are targeted toward consumers grilling outdoors, further the beverage giant’s strategy to pair its colas with certain foods and occasions. Pepsi is rolling out limited-edition peach and lime...
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NAK organizes a professional day and market presentation focusing on farmers’ markets
The National Chamber of Agrarian Economy and the Corvinus University of Budapest are organizing a professional event and market presentation in the capital under the title Producer’s market in the...
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K&H youth index: Young people do not feel their jobs are stable
According to the K&H youth index, the proportion of young people who considered their jobs stable in the first quarter of this year was 47 percent, which is a relatively...
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We don’t eat enough vegetables and fruits
Based on the latest data provided by Freshfel Europe, Hungary is at the bottom of the middle range of the European Union’s fresh market fruit and vegetable consumption ranking. During the...
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This year, the BME welcomes young people who are about to choose a career with a number of programs
The Budapest University of Technology and Economics (BME) will once again join the national career guidance event called Girls’ Day: on Thursday, the six faculties of the university welcome those...
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The quarterly results of the SZÉP card confirm the entrepreneurs’ proposal
According to the announcement issued by the Ministry of National Economy on April 22, looking at the first quarter of 2024, it can be established that in the first three...
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Fish production in Hungary: the industry is struggling with a growing labor shortage
Despite low feed prices and good water levels, the Hungarian fish production sector still faces many challenges. The main problems include low support, lack of development, declining consumption and chronic...
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Artificial intelligence in winemaking: new technology is changing the way wine is made
Artificial intelligence is revolutionizing American winemaking, enabling remote monitoring of vineyards and optimization of the winemaking process. Although critics argue that this technology takes away the human nature of winemaking,...
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The new gold mine: bubble tea
In recent years, bubble tea or “bubble tea” has gained enormous popularity worldwide. This drink of Taiwanese origin already has a significant economic impact in China, and has made several...
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Plant-based meat substitutes need new messages in 2024
Sales of the category, which initially exploded due to a number of factors, slowed down last year. This article is available for reading in Trade magazin 2024/4 Since the sector’s...
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Fruit growers cannot rest completely yet
By the second half of April, the flowering of fruit trees in Hungary has finished, indicating that nature is significantly ahead compared to previous years. As a result of the...
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Eleven new stores to back Mercadona’s growth in Portugal
Spanish retailer Mercadona plans to open 11 new stores in Portugal in 2024, increasing its presence in the country. The expansion would bring the chain’s total number of stores to...
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