Market News
Aldi closes Dutch cashier-less test store
Aldi will soon close its first cashier-less store in Continental Europe. “We have learnt a lot, but the investment was substantial”, the company explains. Aldi’s Dutch trial will soon come...
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KSH: in July, the product foreign trade surplus was 167 million euros
In July, the volume of exports increased by 4.9 percent and that of imports by 7.1 percent compared to the same period of the previous year. The asset amounted to...
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Mondelēz International Expands In China
Mondelēz International, the maker of Oreo and Philadelphia, is to acquire a significant majority stake in Evirth, a leading manufacturer of cakes and pastries in China. The move is part...
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The producer price of rapeseed rose by 11 percent
According to the United States Department of Agriculture (USDA), the global production of rapeseed and canola may be 2 percent lower than a year earlier, reaching 87.6 million tons in...
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The triumph of smart device payments continues
The triumph of smart device payments continues at K&H. The number of transactions increased by 43 percent this year, while the amount of spending increased by 57 percent. Among the...
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Tax evading vegetable and fruit traders were caught by the tax inspectors
Traders selling vegetables and fruit imported from Greece without paying the sales tax were caught by the tax inspectors at the wholesale market in Szeged – the press representative of...
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Hungary has been a member of the European Union for two decades: what does this mean for the economy?
This year Hungary joined the European Union twenty years ago. On the occasion of the anniversary, from mid-September, the European Commission will “Happy Twentieth, Hungary!” launched a communication campaign with...
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Inflationary pressures remain with us
Inflationary pressure still does not ease the companies. Although inflation in August was even more favorable than expected, it still represents a difficulty for domestic large companies in terms of...
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Hungarian companies are optimistic about the climate goals
Domestic companies are optimistic about their climate commitments, but divisions within the organization can be a serious obstacle to their fulfillment, according to EY’s international research with the participation of...
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In September, the economic index of the GKI decreased slightly
According to a survey conducted by the GKI Gazdaságkutátó – with the support of the EU – in September, the prospects of the business sector and consumers also collapsed only...
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The downward trend of unemployment between June and August was broken
In the three-month period showing the labor market trend, on average from June to August, the number of employed people among the working-age population between 15-74 years was 4 million...
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The REpoint redemption application already has one million users
The REpont application developed for the mandatory redemption system implemented nationally has reached one million registered users, MOHU MOL Hulladékzágászólji Zrt announced on Monday. Two-thirds of the registrations took place...
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KSH: Sales prices of the food industry decreased by 0.6 percent
In August 2024, industrial producer prices were on average 3.0 percent higher than a year earlier. Domestic sales prices increased by 1.2 percent and export sales by 4.0 percent, the...
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Award winners of the student contest
For the fifth time, POPAI Hungary Association has launched a display design competition for university students. Traditionally, the main sponsor of POPAI Student Design Awards is SPAR, and this year...
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The Humus Association is looking for compost-friendly companies
The Humus Association calls on small and medium-sized businesses to join the “Compost Friendly Business” initiative on October 10, 2024! Any business operating in Hungary can become a Compost-Friendly Business...
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The domestic supply of corn is ensured, there is no need to import
Most of the corn produced in our country has yet to be harvested, but some people – presumably in the interest of the market – are already predicting the need...
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German inflation slowed more strongly than expected in September on an annual basis
Inflation in Germany slowed more significantly than analysts had expected in September on an annual basis, according to Monday’s report based on preliminary data from the German Federal Statistical Office,...
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Hungary ranks among the leaders in Europe in terms of solar energy production
Hungary belongs to the European leader in that – under suitable weather conditions – more than nine-tenths of the electricity consumption is due to solar peak production – reads the...
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Already 290 stores in the SPAR
In the first half of 2024 19 stores were added to the SPAR franchise network, bringing the total number of SPAR partner retail outlets to 290 nationwide. From these 87...
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The price of bananas, chocolate and alcohol may increase due to shortages and strikes
A strike by coastal workers at Eastern and Gulf ports on Tuesday could cause major disruptions to the supply of popular products, causing major concern in the trade sector. Businesses...
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Dr Zsuzsanna Szvetelszky: “Winning over mid-level managers can positively influence informal corporate communication” – Trade magazin’s Business Podcast continues
Dr Zsuzsanna Szvetelszky, communication expert, researcher, and university professor was Szilvia Krizsó’s guest in the latest episode of the Future Talks podcast. This article features excerpts from their conversation, but...
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Already six out of ten young people choose vocational training
Already six out of ten choose vocational training after the eighth grade of elementary school, and the government wants to further strengthen this ratio – said Veronika Varga-Bajusz, the State...
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KSH: in August, the number of employed people was 4,748,000, the unemployment rate was 4.2 percent
In August 2024, the average number of employed persons aged 15-74 increased by 39,000 compared to the same period of the previous year, to 4,748,000. The number of unemployed was...
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Domestic animal husbandry can be renewed with the effective use of rural development resources
The solution to alleviating the problems plaguing domestic animal husbandry and improving the sector’s competitiveness is to use the ever larger rural development resources as efficiently as possible – emphasized...
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Have you ever been to a sea buckthorn harvest? Now you can!
A farmer from the Tápió region, who has received several awards, announces an open sea buckthorn experience harvest for August-September. During the harvest, the participants can not only learn about...
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The proportion of non-performing loans in agriculture decreased
In agriculture, the ratio of non-performing loans (NPL rate) decreased in almost all sub-sectors compared to the same period of the previous year. The NPL rate of enterprises active in...
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Boom in low-alcohol beers in UK
Fresh figures have shown that the UK has become one of the fastest growing markets for low ABV beers, following the change in alcohol duty introduced last summer. According to...
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Coca-Cola to discontinue its Spiced flavor after 7 months
The beverage, intended as the first permanent offering for the brand in more than three years, is being phased out in favor of a new flavor set to be introduced in 2025....
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New operation code library and further improvements in eGN
Nébih’s specialists support the smoother handling of the administrative tasks of farmers with new developments. The modifications not only make the program easier to use, but also provide greater flexibility....
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Carrefour Spain Invests Over €84m in Price Reduction Initiative
Carrefour Spain is investing over €84 million this year in a series of price reductions to support its customers amidst cost-of-living concerns. From September, Carrefour has reduced prices on 2,500...
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