Market News
OTP Mortgage Bank: farmland became 5 percent more expensive last year
Last year, the average price of arable land in Hungary increased by 5 percent: the average price per hectare increased from 1,593 million HUF in the previous year to 1,673...
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Insect repellents are safe according to the product test of the Conscious Buyers Association
The 36 mosquito and tick repellents tested by the Conscious Consumers Association are safe, but only if consumers adhere to the dosage and restrictions on the label, the association said...
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The euro area’s foreign trade surplus in goods has increased
Due to the base effect, the euro area trade surplus increased significantly year-on-year in April this year, according to a report by the European Union’s statistical office, Eurostat, on Tuesday,...
Read moreIfo lwered this year’s German GDP growth forecast
Referring to disruptions in the global raw material supply chain, the ifo economic research institute in Munich has slightly worsened its GDP growth forecast for Germany this year. The Ifo...
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Just Walk Out shopping at Amazon Fresh store
For the first time, Just Walk Out technology is available in a new full-size Amazon Fresh grocery store. Now customers can save time shopping for groceries by skipping the checkout...
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European Food program – soon to be launched in Hungary: Promoting well-being through healthy and sustainable nutrition
The European FOOD (Fighting Obesity through Offer and Demand) program, coordinated by the Edenred Group, aims to promote healthier eating in the workplace through various initiatives. Key principles: • Promote healthy eating...
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Beyond poppy seed noodles and after a price increase
One of last year’s winners is the pasta category, but the rapid sales growth seems to have come to a halt this year – we learned from Gábor Bokros, deputy...
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Business spirit is back
The establishment and terminations of companies also reflect the recovery of the Hungarian economy following the downturn following the outbreak of the coronavirus epidemic. In the second quarter of last...
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Dynamic growth expected in the Hungarian factoring market after a slight downturn
According to the first quarter 2021 statistics of the Hungarian Factoring Association, factored turnover increased by only 1%. However, based on the experience of Péntech, interest in digital factoring services...
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On 17th of June, fruit and vegetable day again: the Hungarian fruit season and the #Zöldség-Fruit Hero competition will start!
The National Chamber of Agriculture and the European Fresh Team programme will also announce the Hungarian Fruit and Vegetables Day on 17 June to raise awareness of fresh, seasonal fruits...
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This is what you should pay attention to when it comes to packaging
It may come as a surprise to many, but the fact is that most of the meat products on the shelves also contain small amounts of added sugar. Bacon is...
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(HU) Nemzeti Agrárgazdasági Kamara: június 21-ig módosíthatók az előzetes ellenőrzésben érintett kérelmek
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Read moreKSH: performance in the Hungarian beer industry fell last year
The performance of the beer industry fell by an unprecedented 13 percent last year, while that of the entire food industry fell by just 1 percent, according to an analysis...
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The rise in the price of cereals has pushed up purchase prices
In April, the average purchase price of agricultural products was 15.5 percent higher than a year before; the prices of crop and horticultural products were driven by rising prices of...
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Nagy István: 342 applicants won the Hungarikum competition
The Hungarikum 2021 application, with a budget of 930 million HUF, received 925 applications, with a total of 3 billion HUF in support, of which 342 won, Minister of Agriculture...
Read moreAttention is drawn to the importance of pollinating insects in Szeged
A five-hundred-square-meter wall painting depicting a flowery meadow adorning the walls of a heating plant draws attention to the importance of pollinating insects in Szeged as part of the Urban...
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Online commerce is over during the pandemic
In the survey, conducted in January 2021, European consumers were asked about the proportion of shopping done online versus in-store, prior to the first lockdowns in early 2020. This same...
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Crowdfunding: EU market opens to domestic crowdfunding providers from November
There is huge growth potential for business operators already authorised and with practical experience in crowdfunding, with all EU Member States having to apply the EU Regulation governing European Community...
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MNKSZ: The pandemic strengthened the ties between members
Our magazine interviewed Katalin Neubauer, secretary general of the Hungarian National Trade Association (MNKSZ). – What was the time between the 2nd and the 3rd wave of the pandemic enough...
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UN urges intense restoration of nature to address climate and biodiversity crises
Facing the triple threat of climate change, loss of nature and pollution, the world must deliver on its commitment to restore at least one billion degraded hectares of land in...
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Magazin: Labour market 2021: The FMCG sector and retail trade became more attractive to workers
The last 15 months changed the world of labour more than the previous 10 years. From the 7,600 workers interviewed by Randstad every 8th lost their job and every 9th...
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(HU) Blokkk.com: Foci EB, kánikula is viszi a boltot
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Businesses drifting to the brink of insolvency are given a lifeline – Hungarian bankruptcy law is renewed
On 1 July 2022, the new Restructuring Act will enter into force, which could provide a solution to the early management of financial difficulties for undertakings on the frontier of...
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A paradigm shift is needed in domestic water management
The current water management systems cannot effectively cope with the increasingly extreme rainfall, floods and droughts in Hungary, so a paradigm shift is needed, the authors state in their article...
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The agricultural logistics center in Bonyhád has been completed
The agricultural logistics center in Bonyhád has been completed, which was built with the support of the Regional and Settlement Development Operational Program for 450 million forints, the local government...
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Ferrari opened glossy lifestyle concept store
The store is arranged across a single open-plan floor in a 1980s building in Maranello, northern Italy, where Ferrari’s factory is located. London architectural studio Sybarite has paid tribute to Ferrari’s legacy in...
Read moreAM: the Balaton fish received EU protection
Under the name “Balaton fish”, toothfish and carp received EU protection, the Ministry of Agriculture told MTI on Monday. It was emphasized that, as a result of the Geographical Indications...
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The king of mineral water’s new projevt: Levente Balogh bursts into the cosmetics sector
How does holy king mineral water get on the shelves of drugstores in modern blue, green, pink packaging? The secret is very simple: Levente Balogh has exploded into another area....
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Health and environmental awareness grew because of the epidemic
Consumer behaviour has fundamentally changed as a result of the coronavirus outbreak. People are consciously looking for healthy and environmentally friendly products when they buy them, and most of them...
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Magazine: Trust and innovation: Warehouses in 2021
In warehouse automation the European market is the second biggest in the world: the 7-percent growth was driven mainly by e-commerce. Márton Palasik, SSI SCHÄFER’s head of sales for logistics...
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