Market News

Budweiser skips Super Bowl this year

Budweiser will not run an ad during the Super Bowl for the first time in 37 years. Instead, the AB InBev brand will reallocate its Super Bowl media investment to...

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Employers remain cautious about recruiting new workers

According to the ManpowerGroup’s Workforce Forecast, in the first half of 2021 Hungarian employers plan to increase their workforce by 3 percent on average. The company asked more than 500...

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Bioplastics: The raw material of the future

It was revealed at the 15th conference of European Bioplastics that the global bioplastics industry is growing fast. The market is expected to grow by 36 percent in the next...

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GKI’s economic sentiment index started the year with a noticable increase

KI’s economic sentiment index rose markedly in January. Although it reached its highest level since the start of the pandemic, it offset only just over half of its April fall....

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(HU) Durván felpörög a vállalati digitalizáció 2021-ben

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

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Magazine: It has never been truer: Cleanliness is next to healthiness!

Zsuzsa Petrikovics, Unilever Magyarország Kft.’s brand manager reported to Trade magazin that the pandemic induced a 35-percent rise in cleaning product sales in 2020. She revealed that sales grew way...

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1457 companies received support in the National Food Crisis Management Program

In the National Food Crisis Management Program launched by the Ministry of Agriculture, 1,457 enterprises received support worth 6.8 billion HUF – Nagy István, Minister of Agriculture said on Friday...

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Contactless market in Dunakeszi

When most of the producers’ fairs closed during the first wave, Dunakeszi’s popular market switched to non-contact operation within a week. Photo: Horpáczi Dávid, Piqniq Budapest The Small Market operating...

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We can have a say in what food labels should look like

The European Commission has published calls for food labeling, nutrient profiling and review of the legislation on food contact materials (FCMs) on its consultation page on new EU policies and...

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E-commerce is reducing the carbon footprint of retail, according to a study

Online shopping has an average of 36 percent lower CO2 emissions, compared to traditional commerce – Prologis, an industrial and logistics real estate company drew attention to a recent study....

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The food chain supervision fee must be paid by 31 January

The second installment of the food chain supervision fee related to the 2020 declaration must be paid by 31 January, the National Food Chain Safety Agency (Nébih) called attention in...

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AM: a joint statement was concluded at the 13th World Forum on Food and Agriculture

The 13th World Food and Agriculture Forum (GFFA), with the participation of ninety countries, concluded a joint statement. In the work which Hungary also took an active role, the Ministry...

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Palm oil at the peak of a decade

From chocolate to toothpaste, the price of palm oil used in almost every food or household item has risen to a peak of almost a decade, and prices seem to...

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Government debt as a share of GDP has increased in the euro area and the EU

The ratio of government debt to gross domestic product (GDP) increased by the end of the third quarter, compared to the quarter and a year earlier as a result of...

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Consumer confidence in the EU deteriorated in January

In January, consumer confidence in the euro area and the European Union deteriorated, compared to December. According to a preliminary flash estimate published by the European Commission on Thursday, the...

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Kraft Heinz Canada asked people to draw ketchup

Heinz invites Canadians to submit a drawing of ketchup for the chance to win a limited-edition, customized Heinz Ketchup Bottle. The campaign was inspired by a global experiment in which...

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Equilor: the Hungarian economy may expand by 4 percent this year

The Hungarian economy may expand by 4 percent this year after last year’s expected 6 percent decline, but there is a lot of uncertainty, according to the latest analysis by...

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The Net Zero Advisory Board for the carbon-neutral Hungarian economy was established with the involvement of renowned experts

The Net Zero Advisory Board has been formed in a uniquely broad collaboration with renowned experts, the primary goal of which is to facilitate and accelerate the process by which...

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ITM-GVH-MNB: Enhanced cooperation for consumer protection

The Ministry of Innovation and Technology (ITM), the Hungarian Competition Authority (GVH) and the Magyar Nemzeti Bank (MNB) have renewed their cooperation agreement aimed at eliminating unfair commercial practices against...

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The world of work is finally being transformed by the pandemic

In a labor market that is changing as a result of the global pandemic, job security has become more important than ever: Hungarian workers are also willing to make serious...

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A new method can speed up the identification of crop defects caused by fungal infections

Due to the growing importance of food safety and increasingly stringent consumer expectations, increasingly modern technological procedures are also helping to control food quality. Double-spore mushroom samples showing symptoms of...

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Chamber of Agriculture: EU citizens view the common agricultural policy more favorably

Both European citizens and the Hungarian population have a more favorable view of farmers and the Common Agricultural Policy (CAP) than in recent years, according to the latest report from...

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The Constitutional Court has ruled on the Waste Act

Decision of the CC can be read here: https://www.alkotmanybirosag.hu/uploads/2021/01/sz_i_2105_18.pdf https://www.alkotmanybirosag.hu/a-legfrissebb-dontesek...

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Surprising data: we don’t start New Year’s resolutions at New Year’s Eve

Whether it’s about achieving the ideal shape or a healthier lifestyle, most people don’t take the New Year resolutions New Year character strictly. Even though we call it a New...

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The European Court of Justice has ruled in a Hungarian case – cross-border traders can breathe a sigh of relief

With its recent ruling in the Hungarian Bakati case, the European Court of Justice has settled VAT refund cases for foreign travelers and apparently is announcing a winner in the...

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Hungarian companies can also benefit from the EU-China agreement

Following the entry into force of the Investment Agreement between the EU and China, EU companies, including Hungarian companies, will no longer be required to set up joint ventures and...

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Award-Winning Store Design and POP Projects

Shop! HQ *POPAI Hungary’s mother organisation together with the Retail Design Institute presented some of the world’s most innovative retail and POP designs. The webinar was on 21. January 2021....

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Fidelity: Elephant in the room, or debt stock

The economies of the countries quickly recovered from the first wave of the Covid-19 pandemic, but many of them have introduced even tougher austerity measures, which will only be eased...

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K&H: agriculture needs modern technologies

There is a growing need for modern technologies in agriculture due to consumer, environmental and economic changes, K&H told MTI on Wednesday. Climate change and the transformation of consumer expectations...

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According to Raiffeisen, the economy is likely to grow by 4 percent this year

According to the most likely scenario this year, the economy will expand by 4 percent, but this is conditional on a significant easing of epidemiological restrictions by the end of...

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