Market News
Express delivery at Walmart –without minimum order
Date: 2021-03-01 11:13:02
From 1st May Walmart dropped the $35 minimum purchase requirement for its two-hour Express delivery service, which the retail giant launched last May. The rapid service is an “arms race” among the retailers in...
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We will pay for the global container shortage
Date: 2021-03-01 11:12:02
We can feel the global health and economic effects of the coronavirus, not only on our skin, but also on our wallets. Thanks to last year’s buying fever, accumulated reserves...
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Serbia: shortened opening hours to come?
Date: 2021-03-01 11:10:58
Restaurants and shopping malls could be open until two in the afternoon over the weekend in Serbia due to the decision of the crisis team in charge of dealing with...
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Consumer sentiment in Germany has improved more than expected
Date: 2021-03-01 11:07:42
The March German consumer sentiment index of the GfK economic research institute has improved beyond expectations. According to the survey, consumers expect an improvement in both the economic environment and...
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Half a million boxes of cigarettes were found by financiers at Nagylak
Date: 2021-03-01 11:07:32
Half a million boxes of presumably counterfeit cigarettes were found by financiers in a Romanian truck at Nagylak, a spokesman for the National Tax and Customs Administration (NAV) told MTI....
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Another wave of the pandemic is already threatening grocery stores
Date: 2021-02-26 11:59:03
In recent days, there have been indications from several places that another wave of pandemics in trade is already endangering daily operations – Magyar Nemzet Online wrote. It is possible...
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Analysts: the pace of wage growth will slow this year
Date: 2021-02-26 11:27:29
Compared to the performance of the economy, wage growth was particularly dynamic last year, but this year the pace may slow markedly, as already indicated by the agreement on the...
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Hungarian live pork and meat exports fell
Date: 2021-02-26 11:22:57
The volume of Hungarian live pork and pork exports fell last year, while prices fell significantly- agrarszektor.hu , wrote. The fall in prices has already been reflected in processors’ transfer...
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Corporate liquidations peaked in January
Date: 2021-02-26 11:20:00
According to Opten, the level of liquidations peaked in January as a mixed-impact effect of the Covid pandemic, but the number of start-ups was also close to record, according to...
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“Equal Opportunities, Fairness” Rare Diseases Week 2021
Date: 2021-02-26 11:19:02
There are millions of people worldwide with a rare and congenital disorder, and about 700,000 in Hungary. As more than half of those affected are newborns, infants and young children,...
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In Slovakia, shopkeepers, taxi drivers and inspectors are also vaccinated
Date: 2021-02-26 11:18:46
The Slovak Ministry of Health has announced that from the weekend, vendors of grocery stores, taxi drivers, bus drivers and inspectors, as well as flight attendants will be able to...
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Strong partnerships are more important than ever
Date: 2021-02-26 11:12:25
The pandemic is fundamentally changing the private label partnership. That’s the conclusion of a special industry panel of retailers and manufacturers conducted during PLMA’s virtual Annual Roundtable Conference. More than...
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MEKH: The use of new energy labels is mandatory from Monday
Date: 2021-02-26 11:11:50
The use of the new energy labels on certain products of technical stores and in the product brochures of web stores is mandatory from Monday, the Hungarian Energy and Public...
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Report from the boardroom (Part 1) – An interview with Rezső Rózsai, CEO of KPMG Hungary
Date: 2021-02-25 13:25:26
In our new series Judit Szalóky Tóth, a Boyden Executive Search partner makes interviews with executives. This time she asks questions from Rezső Rózsai, CEO of KPMG Hungary. Mr Rózsai...
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KSH: real earnings grew by 6.2 percent in 2020
Date: 2021-02-25 11:45:41
The average gross earnings of full-time employees were 449,400 HUF last December, 10.6 percent higher than a year earlier. In 2020, gross average earnings reached 403,600 HUF and net average...
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Gulyás: Restrictions will remain until March 15
Date: 2021-02-25 11:40:38
The government will maintain the restrictions imposed due to the coronavirus pandemic unchanged until March 15 – Gulyás Gergely, the head of the Prime Minister’s Office said at the Government...
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The Chamber of Agriculture is initiating the expansion of interest-free restart quick loan holders
Date: 2021-02-25 11:25:14
The National Chamber of Agriculture (NAK) is initiating the government to allow suppliers in difficulty due to restrictions on catering facilities to participate in the interest-free restart quick loan loan...
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A slaughterhouse in Pest county was closed by Nébih
Date: 2021-02-25 11:20:52
Due to serious violations, the operation of a pig slaughterhouse in Pest County had to be suspended with immediate effect, the National Food Chain Safety Office (Nébih) told MTI on...
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Economic sentiment in the euro area and in the EU improved in February
Date: 2021-02-25 11:05:30
Economic sentiment in the euro area improved better than expected in February, according to a report by the European Commission’s Directorate-General for Economic and Financial Affairs (DG ECFIN) on Thursday,...
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Amazon Fresh debuts its 10th store, 100th and 1000th ight come
Date: 2021-02-25 11:00:16
The online giant has opened its 10th Fresh store in the U.S. on 25th Feb. 2021. The 45,000-square-foot store opens with an assortment of mainstream, local and private label grocery...
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Bisnode analysis: payment morale improved in Hungary in 2020
Date: 2021-02-24 11:24:01
Payment morale in Hungary has improved, more bills were settled on time in 2020 than in 2019, Bisnode told MTI on Wednesday. They added that last year fewer companies issued...
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Analysts: base rate remained unchanged as expected
Date: 2021-02-24 11:20:08
The market did not expect the central bank base rate to change, the decision of the Monetary Council of the Magyar Nemzeti Bank (MNB) on Tuesday met analysts’ expectations, experts...
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A foreign plant can cover the sand steppes
Date: 2021-02-24 11:15:33
Researchers at the Institute of Ecology and Botany of the Ecological Research Center of Eötvös Loránd University investigated the changes in the growth and seed yield and mass of the...
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Deloitte: women’s sports is a growing business in
Date: 2021-02-24 11:10:17
The gap between revenues from men’s and women’s sports is narrowing, and while the latter is still far behind in this area, there is growing potential for sponsors and investors...
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G20 exports and imports increased in the last quarter of last year
Date: 2021-02-24 11:05:12
G20 exports and imports increased in the last quarter of last year. Third-quarter brought expansion while a significant decline was recorded in the first half of the year as a...
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Destatis has improved its fourth quarter German GDP growth estimate
Date: 2021-02-24 11:05:03
Destatis has improved its fourth-quarter GDP growth data for Germany from its first estimate in the second estimate released by the German federal statistical office Destatis on Wednesday. In the...
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Economic indicators have improved slightly in Austria
Date: 2021-02-24 11:04:10
In Austria, economic indicators have improved somewhat due to a cautious opening two weeks ago after a full closure previously ordered due to the coronavirus pandemic – Finance Minister Gernot...
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European Court of Auditors: the basic level of digital competence of adults has not significantly improved
Date: 2021-02-24 11:04:05
Although digital skills are becoming increasingly important, the level of adults’ basic digital competences has not improved significantly in recent years. Therefore the European Union and its Member States need...
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India’s wheat crop could set a record
Date: 2021-02-24 11:02:54
It could be a record year for wheat production in India this year – origo wrote. India, the world’s second-largest wheat producer, is unlikely to overtake China as the world’s...
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This is how East Africa can turn locusts invasion to advantage
Date: 2021-02-24 11:02:15
The population of East Africa is projected to double by 2050, so demand for meat will also increase and locusts will be a high-quality, affordable agricultural raw material for future...
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