Market News
Magazine: An eternal favourite
Whisky and whiskey are always the shining stars of the distillate world – states Sára Palcsó, marketing director of Zwack. In the last five years some kind of innovation fever...
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Life is good in Private Label
PLMA is introducing the Online “World of Private Label” Trade Show. The event, to be held 1-4 December 2020, will allow retailers and manufacturers to connect in real time with...
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Lovely Jobs Awards 2020 announced
For the fourth time, Dreamjo.bs has announced the Lovely Jobs Award to find the most attractive jobs in Hungary. Since, in addition to SMEs, large companies have been able to...
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Researchers at Szent István University are working to filter out counterfeit tomato concentrates
There have been a number of reports in the press and that in-store tomato products have been “conjured up” by some producers through food counterfeiting to make them more appealing...
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MNB: PIN code-free touch card payments next year of 15,000 HUF limit may remain next year
The value limit for contact card payments without a PIN code of 15,000 HUF may remain the same next year, as card companies and financial institutions also support maintaining the...
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PwC Hungary: Employee preferences shifting towards higher salary and job security due to pandemic
Base salary has gained in importance compared to last year and, together with flexible work options and a predictable work schedule, ranks at the top of employees’ job preferences in...
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AM: farmers can apply for grape restructuring aid until the end of November
Until the end of November, it is possible to apply for support for the restructuring of vineyards, for the modernization of vineyards and for making production more efficient. The communication...
Read moreConsumer sentiment in the United States deteriorated sharply in November
Instead of the expected improvement, consumer sentiment in the United States deteriorated sharply in November, according to preliminary data from the University of Michigan’s monthly regular survey. The consumer sentiment...
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EMAG was able to record 34 billion from its first Hungarian business year
EMAG has been a Hungarian-registered web store for a year now. The background company, Extreme Digital-eMAG kft., Is also a market leader. Kifli.hu also had its first year. The eMAG...
Read moreAnalysts are more likely to consider the risks in the fourth quarter after better-than-expected GDP data
After a better-than-expected third-quarter GDP figure, analysts are more likely to ponder the risks of the fourth quarter in their comments sent to MTI. According to the first estimate issued...
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We Are What We Eat
Eating healthier is no longer just a trend but a necessity in the mind of today’s consumer. Smart food is the topic of the latest monthly video of PLMALive.eu. Shoppers...
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KSH: agricultural producer prices rose by 6.6 per cent by September
In September, the rate of increase in fruit prices moderated, but the prices of cereals, vegetables and animal products picked up, while the decline in the purchase price of live...
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Is it safe these days to give and buy our stuff online?
To find out, the Conscious Buyers Association compared the 3 most commonly used online marketplaces available to private individuals as sellers. Let’s see what the pros and cons of getting...
Read moreAM the food industry plays a strategic role
In the spring, Hungarian agriculture proved that it can withstand even the most difficult conditions, the efforts of farmers have raised agriculture and the food industry to a strategic sector...
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Safe food production is aided by NAK’s new publication
A new, free-to-download publication of the National Chamber of Agriculture (NAK) will help you meet food hygiene requirements, knowledge and follow the rules. The three-volume publication, “Safe Food Production,” is...
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A self-disinfecting face mask was developed by American researchers in sunlight
Researchers at the University of California have developed a special cotton face mask that can kill 99.999 percent of the bacteria and viruses on it in one hour when exposed...
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Magazine: Digitalization in banking: fast, safe, convenient
Budapest Bank, MKB, K&H Bank and OTP shared their experiences in the Instant Payment System with Trade magazin. All four banks agreed that the operation of the instant payment system...
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Business expectations improved, consumer ones worsened in October
After a two-month decline within the statistical margin of error, GKI’s economic senti-ment index rose slightly in October; however, it still did not reach its July level. According to a...
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PLMA’s “World of Private Label” goes Online
PLMA’s Online “World of Private Label” will be held in place of the event originally planned to take place last May in Amsterdam. The theme of the event, “Life is...
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The VAT rate discount for restaurants brings over 10 billion
Locally prepared food and non-alcoholic beverages are subject to 5% VAT when taken away or shipped. VAT on freight has not decreased, nor has the 27% key for workplace hospitality....
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Restrictions on markets, measures to help businesses in rural areas
Due to the risk of coronavirus infection, the number of people who could stay in the markets at one time was restricted in several rural cities. There are places where...
Read moreEconomic performance declined by 4.7 percent year-over-year in the third quarter
According to raw data, Hungary’s gross domestic product (GDP) fell by 4.6 percent and seasonally and calendar-adjusted and balanced by 4.7 percent in the third quarter compared to the same...
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New signatories joined for versatile portrayal of human in advertisements
Twenty-two member companies have joined the commitment to promote human dignity in advertising since its launch in March. Signatories are committed to contributing to positive cultural change through responsible and...
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The 7 pm shop closure will also curb Black Friday
The 7 pm shop closure also curbed the pick-up points. Due to the pandemic, parrots envied Black Friday, a Christmas present would pull the web better, but couriers can’t stand...
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What a good loyalty program like?
A well-run business can be built on loyal, returning customers. While acquiring a new customer costs 6-7 times more than retaining an old one, existing customers spend even 67 percent...
Read moreThe Budapest Chamber of Commerce and Industry: crisis management in the capital should be started immediately
They say no to the idea of an IPA + capital crisis tax, and call for the immediate launch of the Budapest Crisis Management Fund, previously proposed by the Budapest...
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TM: telecommuting rules will be more flexible in times of emergency
Telework rules will become more flexible during emergencies, the Ministry of Innovation and Technology (ITM) told MTI on Thursday, following the publication of a government decree on telework in the...
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The customer reception order at the Chamber of Agriculture is changing
Following the government’s measures to protect its members and employees in response to the government’s action on the coronavirus pandemic, the leadership of the National Chamber of Agriculture reviewed the...
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Economic performance in the euro area rose sharply in the third quarter
Economic performance rose sharply and employment increased significantly in the European Union and in the euro area in the third quarter, as the first wave of the global coronavirus pandemic...
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