Market News

Maize yields are significantly lower than the long-term average in Tolna

Maize yields are significantly below the long-term average in Tolna County due to the droughty weather, the county president of the National Chamber of Agriculture told MTI. Vendégh Edit said...

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A method based on biological control of mushroom cultivation was developed with the participation of SZTE

The method of mushroom cultivation based on biological control was developed by the experts of the University of Szeged (SZTE) and Új Champignons Kft. within the framework of a research...

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Most Hungarians prefer to buy fashion items online

The growing popularity of online shopping is shown by the fact that 69 percent of consumers already choose to shop online if the product they are looking for is available...

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The IMF continues to expect euro area GDP growth to accelerate

The International Monetary Fund (IMF) has confirmed its October 12 forecast that economic growth in the eurozone will be higher than estimated on 6 April. According to the IMF’s European...

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SPAR comprehensively supports Hungarian products

At a press conference organised for promoting SPAR Magyarország’s Hungarian Product Month, managing director Gabriella Heiszler told: they don’t just popularise buying Hungarian on a campaign basis, as SPAR has...

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(HU) A Hybreeting új korszakot teremt a digitális konferenciák világában

Sorry, this entry is only available in HU....

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Magazine: The challenges of an omnichannel sales strategy in 2021

In the last year and a half the COVID-19 pandemic speeded up processes in retail trade that had already started earlier. The new shopping habits that formed during this process...

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The IMF has confirmed Hungary’s GDP growth and inflation forecast

Hungary could achieve the third highest economic growth in the European Union this year, according to the October revised report of the International Monetary Fund (IMF) presented on Wednesday. In...

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Nagy István: 7.46 billion for school milk, school fruit and school vegetables program this school year

The government will spend a total of 7.46 billion HUF on the school milk, school fruit and school vegetable program in the 2021-2022 school year, the Minister of Agriculture said...

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A call for proposals to support the prevention of spring frost damage has been published

The Hungarian government’s committed goal is to strengthen the economy of rural areas within the framework of the “Renewable Countryside, Renewable Agriculture” (Megújuló vidék, megújuló agrárium) program. The purpose of...

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The number of corporate insolvency proceedings is increasing

In Hungary, corporate insolvency indicators improved dramatically between 2015 and 2020, with the number of proceedings falling by less than half, from 9,545 to 4,293 in five years, but this...

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Hungary has enough fodder maize

The Ministry of Agriculture (AM) is preparing a pre-export registration obligation for the basic crops required for animal feed, Nagy István, head of the ministry said. In a statement issued...

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Chamber of Agriculture: the sweet chestnut season begins

The sweet chestnut season begins, the National Chamber of Agriculture (NAK) told MTI on Wednesday. According to the information, the area of commodity chestnut plantations in Hungary is 249 hectares,...

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Inflation accelerated to a thirteen-year high in the euro area

Inflation in the euro area accelerated to a thirteen-year high in September due to rising energy prices. According to the final data released on Wednesday by the Statistical Office of...

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New rules in e-commerce

The European Union (EU) has introduced reforms to the value added tax (VAT) rules that will affect sellers that sell via online marketplaces, from 1 July 2021 the operators of...

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Call for proposals to support investments in the prevention of frost damage in the spring

Hungary government is committed to strengthening the economy of rural areas under the Renewable Countryside, Renewable Agriculture programme. As the latest stage of the program, a call for proposals entitled...

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Hungarian innovators can apply for €2,000 in the food industry – EIT Food Challenge Labs launches

For the first time in Hungary, the EIT Food Challenge Labs will be held. The aim of the competition is to find innovative ideas for the current challenges of the...

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Coffee grounds extracted from used Nespresso capsules are recycled in the lavender fields of the Pannonhalmi Paternity

Nespresso has entered into a special alliance with the Pannonhalm High Priesthood: the premium coffee brand has developed a coffee-based growing medium from its used capsules recovered in Hungary, which...

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Magazine: Shopping from your sofa

Our company analysed the popularity of online shopping, using the Hungarian National Panel’s representative online survey – with 500 respondents. It turned out that 28 percent of Hungarians shop online...

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Minister of Agriculture: 21st century agriculture depends heavily on the development of technology

21st century agriculture, from production through processing to reaching consumers, depends to a large extent on the development of technologies and their practical application, Nagy István said in Lajosmizse on...

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Varga Mihály: the fourth wave does not pull down the economy

The 4th wave of the pandemic is expected to be weaker due to the high vaccination rate, so economic growth of around 7 percent and a deficit of around 7.5...

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A Hungarian company develops special poultry feed

The Dr. Bata Zrt. is working on the development of a unique feed additive, which would reduce or eliminate the use of antibiotics in poultry farming, thus making your herd...

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Cofidis: Half of the population still not has savings

Half of the population has not had savings for ten years and still does not now, compared to their financial expectations of ten years ago – according to the details...

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Applications for capacity expansion support for small and medium-sized enterprises can be submitted until 20 October

The available 13.7 billion HUF budget has already received applications from nearly six hundred enterprises for the employment of about four thousand people, with a total value of 13.5 billion...

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Profession.hu: significant wave of recruitment in the domestic labor market in the third quarter

There was a significant wave of recruitment in the domestic labor market in the third quarter. Profession.hu measured an 86 percent increase in the number of advertisements in its own...

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SSC’s in Hungary fear the precarious labour market situation and increasing employee expectations

Domestic service centers (SSC) are increasingly moving towards global business service provider life from performing transactional, repetitive activities, according to pwc research. About a quarter of respondents did not have...

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Half of your colleagues are at home and the other half are in the office – how companies should deal with this?

The pandemic has made it natural in the workplace to do what has rarely happened before: one half of the team works from home and the other from the office....

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17 per cent of us are online all day in some form

Most of us spend 3-5 hours online per day, but 17 percent of us spend all day online in some form. Although we are doing more and more of our...

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More online shops, more legal proceedings

In the last year and a half many Hungarian enterprises decided to launch their own online shop. Many of them forgot about – or didn’t have the money for –...

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Magazine: The magic of diversity

‘The Hungarian rum-market is led by a few established brands’, Sára Palcsó, marketing director of Zwack explained. ‘Consumers know very few brands and are highly loyal to those. A thin...

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