Market News
Randstad on “HR Trends 2024”: gaping gap between salary demand and planned salary increase
On February 1, Randstad published the first details of the “HR Trends 2024” research. The research conducted by interviewing the top managers of more than 350 domestic companies operating in...
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NAV: the return can be submitted in the eVAT system
Since February 1st, the VAT return can be submitted in the eVAT system via a web interface or machine-to-machine connection – the National Tax and Customs Office (NAV) informed MTI...
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According to Giorgia Meloni, the European Parliament elections will bring a change in agricultural policy
With the European Parliament elections, there will be a turning point in the Community’s agricultural policy, Italian Prime Minister Giorgia Meloni announced on Monday evening, after meeting with the delegations...
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The price of chicken breast fillets decreased by 19 percent
Based on data from the KSH, Hungary’s poultry meat exports increased by 2 percent to 200,000 tons between January and November 2023 compared to the same period of the previous...
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EXIM: applicants quickly grabbed the resources of the Gábor Baross Loan Program
EXIM Hungary received so many applications from Hungarian companies in the Gábor Baross New Industrialization Loan Program, which was reopened on January 15, that it exhausted the loan program’s framework,...
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The conditions for ewe support will become more favorable
This year, the conditions for subsidizing production-bound ewes will become more favorable with the first amendment to Hungary’s KAP Strategic Plan. It is important to inform farmers about the two...
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MBH: Hungarian agriculture can expect a calmer year than last year
The agriculture and the food industry can expect a calmer year this year than in 2023, mainly the prospects of livestock keepers have improved, a more balanced period in agriculture...
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The agricultural chambers of six countries jointly call on Brussels: end the impossibility of European farmers!
In addition to the Hungarian National Chamber of Agriculture, the agricultural chambers of five other countries strongly warn the decision-makers of the European Union not to destroy Europe’s agriculture. The...
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Free delivery an exception in DACH
Only a fraction of online retailers in Germany, Austria, and Switzerland offer free delivery for online orders. The largest group of sellers charges shoppers an average of between 2 and...
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The Hungarian meat industry faces a great opportunity
In addition to plant growers, animal breeders must also be put in a position, because in the Hungarian food industry, the greatest profit can be achieved with highly processed and...
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Coop Italia Launches Over 200 New Pet Food SKUs
Italian cooperative and retailer Coop plans to launch around 200 new SKUs across four pet food lines. The move bolsters its existing ‘Amici di casa Coop’ programme and aims to...
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European Commission: producers can deviate from the rules on fallowing for one year
In 2024, EU agricultural producers can deviate from the rules of the common agricultural policy (CAP), which oblige them to leave certain agricultural areas fallow, i.e. fallow, the European Commission...
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Imports of live cattle increased by 33 percent
According to AKI’s slaughter statistics data, the slaughter of cattle in 2023, expressed in live weight, decreased by almost 10 percent compared to the previous year. The slaughter of cows, which...
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Kraft Heinz debuts first major Crystal Light innovations in more than 10 years
The CPG giant is launching Mixology, Immunity and Energy offerings while redesigning the drink mix’s logo and packaging to help it stand out on shelves. Kraft Heinz’s Crystal Light brand is...
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Tenders are open for the support of consulting services
The Strategic Plan of the Common Agricultural Policy (KAP), which contains the domestic support sources that can be used until 2027, also offers exploitable opportunities for professional organizations operating in...
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István Nagy: Brussels cannot risk food safety
Brussels cannot risk food safety, the EU leadership must return to normalcy, because its decisions on agriculture endanger daily bread, said the Minister of Agriculture at a press conference in...
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This is how AI threatens the branding of businesses
More and more companies decide not to entrust a professional team with design and brand building, but to call on AI for help. Although we can indeed create a company...
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More and more cities are interested for the Advanced Logistics Manager training
In the past period, there has been an increased interest in the Hungarian Logistics Association’s (MLE) in-person trainings throughout the country. As a result, in addition to the online and...
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Diageo Contributes €13bn Annually To Europe’s Economy, Study Finds
Drinks giant Diageo contributes over €13 billion to Europe’s economy every year, creating jobs for over 200,000 people, a new report from Oxford Economics showed. The maker of Johnnie Walker,...
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(HU) Euromonitor International: a kiskereskedők bizakodóak az idei Valentin-nap kapcsán
Retailers are optimistic for Valentine’s Day 2024 with signs consumer confidence is returning, according to experts at Euromonitor International. Euromonitor’s analysts say that slow growth and high inflation, with ongoing...
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Lidl pilots first-of-its-kind bottle return scheme
Lidl has become the first supermarket to roll out its own PET plastic bottle and drinks cans return scheme trial across an entire city with incentives for shoppers to reduce...
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The National Handball Academy and Graboplast cooperate in the development of sports floors
An agreement was concluded between Graboplast and the National Handball Academy. The cooperation in sports science enables NEKA to increase the resources necessary for high-quality professional training, and for the...
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In the OECD, food price growth slowed from 7.1 percent in November to 6.7 percent in December
In the countries belonging to the Organization for Economic Cooperation and Development (OECD), the annual growth of consumer prices accelerated to an average of 6 percent in December from 5.8...
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Analysts are also divided by the recent retail sales and inflation data
Analysts have different points of view on this year’s inflation outlook, and January’s data did not provide a clear picture of the coming months. According to the statement of the...
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Will Temu displace domestic online stores?
Although the Chinese e-retailer Temu appeared on the domestic market only a few months ago, it has already become one of the dominant players in the domestic e-commerce market thanks...
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GVH: competition dampened food inflation
In 30 months, food inflation measured on an annual basis was not as low as in the first month of 2024. The Central Statistical Office (KSH) announced on Friday that...
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Hungarians are consuming more and more instant soup
The latest FMCG trends show that Hungarians increasingly prefer food that can be prepared easily and quickly. Within this, instant soups have become particularly popular, they are easily available, can...
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K&H: That’s how many people can expect a bonus this year
This year, three-quarters of large domestic companies plan to provide their employees with cafeteria benefits. In addition to the legally prescribed travel expense reimbursement, the SZÉP card is the most...
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Even though plane tickets are getting more expensive, more people are traveling by plane this year
Experts expect further growth in demand for air travel this year, which predicts a continuous increase compared to last year. A double-digit increase can be observed in the month of...
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Márton Nagy: inflation has practically collapsed, the government has already reduced it below 4 percent
According to the data of the Central Statistical Office (KSH), in January 2024, the government reduced the rate of inflation to less than one-sixth of its peak a year ago,...
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