Market News
Krispy Kreme gives free doughnut for vaccinated customers – all year long
Krispy Kreme stores worldwide are offering free doughnuts to customers who have been vaccinated against COVID-19. The chain is also offering staff members up to four hours of paid time...
Read more
Alföldi Tej’s portfolio becomes complete
Alföldi Tej Kft. has been Hungary’s second biggest dairy company for years. Its Debrecen and Székesfehérvár production plants process 750,000 litres of Hungarian milk a day. Sales and marketing director...
Read more
Magazine: Consumer trust in online FMCG retail has increased
According to a presentation that Tünde Turcsán, FMCG director of GfK gave at the last GfK Insights Summit, Hungarian consumers haven’t stopped worrying ever since the breakout of the pandemic...
Read more
In March, GKI’s economic sentiment index approached its highest level since the start of the pandemic measured in January
After a modest decline in February, GKI’s economic sentiment index rose to a lesser ex-tent in March. However, it approached its otherwise fairly low top level since the start of...
Read more
More pigs, fewer cattle and chickens were slaughtered in slaughterhouses in Hungary last year
According to the analysis of the Institute of Agricultural Economics (AKI), 6 percent less cattle, 2 percent more pigs and 2 percent less poultry were slaughtered in slaughterhouses in Hungary...
Read more
Businesses renting out shops in shopping malls are having serious problem
Fewer and fewer Hungarian fashion and other retail and catering businesses operating in shopping malls are able to pay rents – the Association of Tenants’ Interests (BBÉE) called attention in...
Read moreIt matters in which store we buy in
It does matter in which store you shop in Hungary. You can grab 1,000 forints here and there, but if all this happens online, you will have to reckon with...
Read more
Extreme weather causes hundreds of millions of damage every year
The increasingly hectic weather in Hungarian agriculture has caused serious headaches in recent years. In addition, extreme natural phenomena no longer destroy not only from spring to autumn, but almost...
Read moreBKIK will release half of the membership fee
The Chamber may reduce membership fees by 50 percent by submitting an application. They ask that those involved give this money together, which can help other businesses – hvg.hu, wrote....
Read more
HR before a new future – it’s time to level up!
COVID-19 has created an unprecedented opportunity for human resource management to break out of its previous role as an “administrator” and take the initiative. The pandemic situation has increased the...
Read more
Mrthane emissions of cattle can be drastically reduced with seaweed-fortified feed
Eighty-two percent less methane was emitted by cattle that received small amounts of seaweed-enriched feed for five months, a new study found. The results, published in the journal Plos One,...
Read more
New creative director at Walmart
Walmart is elevating its fashion reputation. The retailer announced that it named acclaimed fashion designer Brandon Maxwell as creative director for Free Assembly and Scoop. Maxwell, who founded his own luxury...
Read more
A quarter of a billion forints worth of fake clothes and perfumes were seized by NAV
Two hundred and fifty million forints worth of counterfeit clothes and perfumes were seized by the National Tax and Customs Administration (NAV) in Budapes – a spokesman for the authority...
Read more
The leading food companies called on the union
One of the important issues of today is that the agricultural and animal husbandry methods to be both environmentally and ethically sustainable. To this end, leading food companies have recently...
Read moreThe Ministry of Agriculture puts the operation of non-state laboratories on a uniform basis
The Ministry of Agriculture (AM) regulates the conditions for the licensing, registration and operation of non-governmental laboratories in a separate decree – AM informed MTI. The new regulation also imposes...
Read more
At the beginning of the year, the number of starting jobs increased
The number of advertised starting jobs decreased throughout the last year, the signs of improvement began to appear around November-December, this trend persisted in the first months of 2021 as...
Read more
Intrum the youngest and oldest have been hit hardest by the crisis
Young people and the finances of retirees were hit hardest by the coronavirus crisis in the fourth quarter of last year, while nearly a tenth of young people were able...
Read moreThe European Commission’s consumer survey shows the effects of the pandemic and the increase in environmental awareness
The European Commission surveyed consumer experiences in 23 economic sectors during the COVID-19 pandemic. European consumers are ordering more online and trying to shop locally as often as possible. In...
Read more
More ham purchased these days
Even though domestic producers of meat products have been hit hard by the epidemic, the increase in retail sales has been able to partially offset losses in 2020. Among other...
Read moreZEW’s German economic sentiment index for March improved better than expected
The ZEW Economic Research Institute’s economic sentiment index in Germany improved more than expected in March. According to a monthly survey by the ZEW Institute for Economic Research (ZEW –...
Read moreAccording to a London investor survey, business sentiment has improved
The mood in the global corporate sector has improved and there is virtually no business left to fear a severe global economic shock, according to a March quick global survey...
Read more
Lay’s sends personalized messages from Messi
Lay’s is connecting soccer fans around the world with Lionel Messi through a new artificial intelligence-powered activation. The concept comes as part of the snack brand’s global UEFA Champions League...
Read more
Since the beginning of the crisis, the euro area trade surplus has fallen to its lowest level
The euro area trade surplus in the euro area declined more than expected in January compared with the previous month, but was still higher than a year before – according...
Read more
Hundreds of billions of forints can be used to make food and agricultural improvements
Hundreds of billions of forints can be used to make food and agricultural improvements during the transitional years of the common agricultural policy, the agriculture minister said in a video...
Read more
Magazine: Stay on your feet! – Eight future-proof trends for traditional stores to gain a market advantage
Revolutionary changes – winners and losers Global value chains and classic retailers had been unprepared for the effects of the COVID-19 pandemic that broke out last spring. Consumer demand dropped...
Read more
According to the European Commission, this year’s performance of the Hungarian economy is expected to exceed the EU average
As a result of the measures taken by the government to protect the economy and encourage a restart, Hungary may be able to overcome the crisis caused by the coronavirus...
Read more
Nébih surveyed the proportion of domestic food in stores
The National Food Chain Safety Office (Nébih) has published the latest data on the supply of Hungarian food on its website. According to the survey, the share of domestic products...
Read more
Almost 3,000 billion HUF for rural development for this and next year
During the transition period, this year and next, almost 3,000 billion HUF will be available for rural development from EU funds, with budget co-financing – the Deputy State Secretary of...
Read more
Genetic engineering against swine flu
Genetic engineering technologies could help prevent the spread of swine flu in pig farms and also reduce the risk of epidemics, British researchers say. According to scientists at the Roslin...
Read more
KITE Zrt.: Hungarian farmers are buying better machines
Hungarian farmers are buying bigger and more knowledgeable agricultural machines – Zahorán Zalán, Deputy Chief Technical Officer of KITE Zrt. told Agrárszektor. The expert added that this trend is justified...
Read more