Market News

We don’t have to worry about a shortage of eggs

Despite the war in Ukraine, there is no shortage of eggs in Hungary in the future. Although the sharp rise in feed prices reduces price stability, the European Union is...

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NAV: 13 million HUF worth counterfeit perfumes were found in a car on the M7 motorway

Employees of the National Tax and Customs Administration (NAV) found more than 13 million HUF worth of counterfeit perfumes in a car with a Croatian license plate, which was checked...

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The Romanian government expects GDP growth of 2.9 percent this year

The Romanian government’s Economic Forecasting Committee has significantly reduced its forecast for this year, so it expects Romania’s gross domestic product (GDP) to expand by 2.9 percent instead of the...

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Automation in logistics – what can the future hold?

Logistics is an ever-evolving industry where technology can greatly help the work of companies. It is also needed as consumer expectations continue to grow, and the amount and quality of...

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Magazine: Targeting flexitarian consumers: Few vegans, much more flexitarians

As part of the Smart Protein project, in the summer of 2021 7,500 consumers from 10 European countries (including Romania and Poland) answered questions about their attitude toward eating plant-based...

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GKI: The first year of the Covid epidemic has widened the pay gap

Using the data of NAV, GKI Gazdaságkutató Zrt. Examined the development of net earnings in the first year of the COVID epidemic. In 2020, the average monthly net earnings per...

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The Hungarian economy could grow by 5.9 percent this year

The Russian-Ukrainian war is causing uncertainty, so the economy could grow by 5.9 percent this year, which is only 0.1 percentage points lower than previously forecast, Suppan Gergely, Head of...

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The highest Purchasing Managers Index in April was measured by MLBKT this year

The seasonally adjusted Purchasing Managers ’Index (PMI) for April was 58.9 points. Respondents reported more favorable developments for twelve month than in the previous month. The seasonally adjusted index now...

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KSH: the foreign producttrade deficit was 117 million euros in February

In February, the value of exports in euros increased by 18.7 percent and that of imports by 30.5 percent. Compared to January, the adjusted volume of exports increased by 2.0...

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Hungarian music will be played in Hungarian stores on May 12

Only Hungarian music will be played in about a thousand shops, hypermarkets and hotels on May 12th. The aim of the Él a zene! initiative is to bring Hungarian authors,...

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Economic sentiment in the euro area deteriorated in April

For the second month in a row, the economic sentiment index in the euro area and the European Union fell to a more than 1-year low in April in a...

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Blokkk.com: The sales fever has risen higher

They are already looking for a seller with a Ukrainian language ad. There is a growing shortage of labor in stores, earning a quarter more sellers than at the beginning...

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The domestic tomato season has started

More than 12,000 tons of tomatoes will be on the table of consumers this year from the greenhouses of TRIVEGA Kft., Formed by multi-generational gardening families in the Southern Great...

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More moderate expansion in April

Seasonally adjusted March for Purchasing Managers Index (BMI): 58.9. Compared to previous April, this year’s value is above the long-term April average (52.1) and the average for the past three...

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Lidl Portugal modernised stores from EUR 21m

Lidl has invested EUR 21m in its Portuguese store network, to ensure greater proximity to people and easier access to products and services. The five revamped stores are part of...

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Migros votes on lifting alcohol sales ban

In June members of Swiss retailer will vote on whether or not the cooperative should offer alcoholic beverages for sale in its shops in the future. The alcohol sales ban...

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Croatia: Studenac launches new app

Croatian retail chain Studenac is increasing its digitalisation budget and has launched a new app, which is aimed at improving customer experience and loyalty. The app is available in both...

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Diageo is the new owner of flavoured tequila brand 21Seeds

Diageo has acquired 21Seeds – one of the fastest-growing brands in the flavoured tequila segment – according to an IWSR report. The drink is infused with real fruit juice and...

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Auchan Retail strengthens ties with food producers in Portugal

Auchan Retail Portugal is offering small regional producers the opportunity to sell their products directly to customers, in a dedicated space in its stores. The first project has already started:...

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(HU) Biztonságos munkahely címet nyert a Henkel két gyára

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

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Magazine: Best Booth Design award for the Future Store at the Sirha trade show

At the Sirha Budapest trade show Trade magazin’s Future Store booth was waiting for visitors with an abundance of innovations. The Hungarian Marketing Association rewarded the booth with the Best...

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Analysts: Hungary’s labor market could be close to full employment

Hungary’s labor market could be close to full employment and the already significant labor shortage will cause even more serious headaches for companies as production chains recover and supply constraints...

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Ministry of Agriculture: the government will extend grain export measures

In order to supply livestock farmers with feed and to meet the food needs of the population, the government will extend the obligation to export cereals, oilseeds and protein crops...

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ITM: with the extension of the food price stop, on-site inspections will also continue

With the extension of the food price stop, on-site inspections will also continue, the Ministry of Innovation and Technology (ITM) told MTI on Friday. According to the statement, the government...

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The University of Tokaj-Hegyalja has entered the international arena of viticulture research

The University of Tokaj-Hegyalja (THE) has entered the international arena in the field of viticulture research and education, the institution wrote in a statement sent to MTI on Friday. Pascale...

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Quarterly economic growth slowed in both the euro area and the EU

Quarterly economic growth slowed, but the annual pace accelerated in both the euro area and the EU in the first quarter, according to a preliminary report by Eurostat, the European...

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The Austrian economy grew rapidly

Austria’s gross domestic product expanded significantly in the first quarter of this year, largely due to a low base; increased by 2.5 percent quarter-on-quarter and by 8.7 percent year-on-year, according...

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This country has already banned disposable plastics

Luxembourg has passed new legislation to reduce waste and protect the environment, banning the use of plastic packaging for single-use plastic devices and a range of foods, including vegetables and...

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Gergely Gulyás: Hungarian wine has a prominent role in the image of the country

Hungarian agriculture, and within that Hungarian wine, has a prominent role in judging the country, said Gergely Gulyás, the minister in charge of the Prime Minister’s Office, at the Winemakers’...

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