Market News
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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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GVH: the environmental awareness of European consumers has strengthened, according to a study
European consumers are ordering more from the internet, trying to shop locally as often as possible and making “greener” choices, meaning they are willing to pay more for a product...
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Russia has become a net food exporter
Russian agriculture closed a historic year last year. For the first time since the collapse of the Soviet Union, Russia has become a net food exporter – origo wrote. Last...
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Euro area inflation peaked at a near 1-year high
Inflation in the euro area reached a peak of almost 1 year in February, but core inflation slowed compared to January, according to the final data published by Eurostat on...
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Back to business with PLMA
The Private Label Manufacturers Association announces that its PLMA 2021 “World of Private Label” international trade show, which was originally scheduled for May this year, will now take place on...
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Oh, dear consumer…! The new rules of commercial guarantee for consumer durables
Recently retailers have had to modify their ‘General Terms and Conditions’ (ÁSZF) and internal processes because of the new rules in the commercial guarantee for consumer durables. They are obliged...
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Magazine: Light at the end of the tunnel?
More optimistic expectations In a Hungarian National Panel representative survey with 800 respondents, we examined what consumers think about the year ahead of us. It turned out that 54 percent...
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Trendy products from Maspex Olympos
Patrícia Peres, brand manager of Maspex Olympos Kft. told our magazine that they rolled out the Apenta Light carbonated soft drink in grape flavour this January, following one of the...
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2020: The year when Hungarian consumers were forced to step on the digital moving sidewalk
2020 increased the proportion of consumers who are shopping online – and this is also true for FMCG shopping. Which factors were the driving forces behind this trend? It became...
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This year brings more free-from groceries to SPAR stores
In accordance with constantly changing consumer needs, SPAR is adding new lactose-, gluten- and soy-free innovations to its product selection, as demand is growing dynamically for these products. Head of...
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Successful trade marketing strategies here and beyond the Neverending Sea
More than 70 people registered for this year’s I Love Trade Marketing conference, which was organised by the Trade Marketing Club (TMK) online. Zsuzsanna Hermann, one of the club’s founders...
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Wine and walnut prices grew significantly
According to the Market Price Information System (PÁIR) of the Research Institute of Agricultural Economics (AKI), due to the low yield in 2020 the price of walnut increased by 10...
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P&G commits to 2,021 acts of good
Procter & Gamble has announced that the company will do 2,021 good things in 2021. As part of its recently launched international campaign Lead with Love, P&G and its brands...
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