Market News

ITM: Entrepreneurship Workshop on the most important consumer protection rule changes

The Ministry of Innovation and Technology (ITM) said that the event can be followed live on Tuesday in an interface available after a simple registration. The presentations will soon be...

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Consumer confidence improved in April in the euro area and in the EU

Consumer confidence in the euro area and the European Union has improved markedly in April, according to a preliminary flash estimate published by the European Commission on Thursday. In the...

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Brands incentivize people to get vaccinated in the U.S.

Budweiser is among the brands that are giving away free products to support vaccine awareness and incentivize people to get vaccinated. More than half of adults in the U.S. have received...

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Record growth in the food industry in 2020

The global food sector achieved a record 10% increase last year, largely due to restrictions preventing the spread of the coronavirus epidemic, which caused people stuck at home to cook,...

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Flyers are a global issue

Millions of copies of advertising newspapers are sent to consumers or inboxes every week. More and more advertising material, unread, just piles up in front of blocks, end up in...

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We sped around 3000 HUF on coffee

We are almost used to the fact that coronavirus rewrote all our habits, even when it comes to coffee. We spend more on coffee at home, take our usual brand...

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Coronavirus vaccination: online appointment booker opened

From now on, anyone with a valid registration can book an online vaccination time for the coronavirus vaccination. As of today, the online vaccination scheduler has opened. From now on,...

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AM: tenders appear in the value of hundreds of billions of forints

The Renewable Countryside, Renewable Agriculture Program provides and strengthens Hungarian agriculture and the food industry with a historic level of development, said Minister of Agriculture Nagy István in a statement...

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African swine fever: Another 25,000 animals are killed in Romania

The Romanian authorities have decided to destroy another 25,000 pigs after the Romanian Veterinary and Food Safety Authority (ANSVSA) detected the African swine fever (ASF) virus on a pig farm...

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Private Label Today

First published in 1998, PLMA’s International Private Label Yearbook now covers trends in more than 7,000 product categories. According to Nielsen retailer brands sustained their market share position above 30%,...

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We love to spend money following influencers

A fifth of Hungarians believe in the products or services offered by opinion leaders, according to a recent survey of opinion leaders. According to the Cofidis Credit Monitor, most of...

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Optimism for SMEs strengthens, but investment is still cautiously planned

The negative impact of the epidemic appears to be slowly easing among domestic SMEs, as the number of people whose turnover has decreased compared to the second wave has decreased,...

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Ministry of Agriculture: Tenders worth hundreds of billions of forints are published

The renewable rural, renewable agricultural programme will give the Hungarian agriculture and food industry a historic development opportunity, said István Nagy, Minister of Agriculture....

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Ministry of Agriculture: by purchasing Hungarian products, we support local economy

By purchasing Hungarian products, we support the prosperity of thousands of Hungarian families and contribute to the protection of jobs in Hungary, to the recovery and development of the Hungarian...

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NAK: reform of the Common Agricultural Policy may be risky  

Without a comprehensive impact assessment, the chambers of agriculture of the V4+ countries consider the finalisation of the reform of the Common Agricultural Policy and the ‘Farm to Table’ and...

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Visa Introduces AI-Powered Innovations for Smarter Payments

Visa Inc. (NYSE: V) today announced VisaNet +AI, a suite of AI-powered services that address long-standing challenges and pain points for banks, merchants and consumers—including delays and confusion with managing...

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Laboratory advice for safe opening

Ensuring the flow of water, cleaning and descaling of fittings, continuous air exchange and microbiological testing: among other things, these may be necessary for commercial accommodation to reopen safely. With...

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Takarékbank: a strong GDP growth of 6.6 percent may come this year

Gross domestic product (GDP) may grow strongly by 6.6 percent this year, and GDP may reach pre-pandemic levels in the third quarter – Suppan Gergely, senior analyst at Takarékbank, told...

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Nébih’s inspection found problems in nine out of twenty-three pepper seeds

Twenty-three “fillable” sweet pepper seeds were examined by experts. Two products have problems with germination, and seven have initiated a consumer protection procedure with the involvement of the competent partner...

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AM: the plantation tender has been published

The Ministry of Agriculture (MoD) is announcing a tender with fifteen billion forints in the framework of the Rural Development Program to support plantation and medicinal plant production, Minister of...

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African swine fever can be spread by insects

According to researchers from the University of Agricultural Sciences and Veterinary Medicine in Cluj- Napoca, insects can also spread African swine fever. Mediafax news agency reports that researchers from the...

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Neutrogena and Old Spice build internal content studios

Experiments like internal studios speak to how marketers are working quickly to devise methods of engaging consumers and growing brand trust that step beyond traditional advertising. As people seek ad-free...

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Fidelity: China resurgence leads the way

During the 2008 global financial crisis, China unleashed a huge stimulus package and was very much deemed to be leading the global economy out of the situation. But that led...

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Electrolux research: we wash clothes as if there was no climate change

Nearly two thirds of Europeans (63%) continue to wash at 40°C or higher, despite over a decade of being encouraged to wash clothes at 30°C or lower, according to a...

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Experts see an increase in the price of meat as inevitable

The rise in feed prices worldwide has put livestock farmers in a difficult position, with rising meat prices inevitable, said representatives of producer organizations and agricultural companies attending the Portfolio’s...

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The job market developed favorably in the first quarter

The job market indicators of the first quarter of 2021 developed favorably, compared to the same period of 2020, but the rising job advertisement numbers of the fourth quarter of...

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Last year, brewing and consumption fell in the Czech Republic

Year-on-year, the volume of beer brewed in the Czech Republic fell by 6.9 percent to 20.1 million hectoliters last year – the Czech Brewing Association announced in Prague on Tuesday....

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Every German resident spent more than a thousand euros less last year

The Germans spent 1250-1750 euros less last year than last year. Citizens withheld their spending mainly on services, according to a report by the IW Institute for Economic Research in...

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Fizzy times

András Palkó, marketing operations manager of Coca-Cola HBC Magyarország told our magazine that buying and consumption habits have changed in the soft drink market due to the pandemic. Still, in...

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Organic Lager Now Being Brewed with 100% Solar Electricity

Michelob Ultra Pure Gold is now brewed with 100% renewable electricity from solar power. To mark the announcement, the certified-organic lager teamed with Colombian musician Maluma on a new song....

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