Market News
‘Let’s not make our dreams the foundation stone of development projects!’
The pandemic showed that the food industry is crisis-resistant. Our magazine interviewed Tamás Éder, president of the Federation of Responsible Food Manufacturers (FÉSZ). What was 2020 like for the food...
Read moreAnalyzing space images help crop production in Mezőhegyes
The researchers of the University of Szeged (SZTE) help the plant production in the area of Nemzeti Ménesbirtok és Tangazdaság Zrt. in Mezőhegyes by analyzing space images – the public...
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European Court of Auditors: EU agricultural subsidies have not made agriculture more climate-friendly
EU agricultural subsidies for climate policy have not helped reduce greenhouse gas (GHG) emissions from agriculture, the European Union’s Luxembourg-based Court of Auditors announced on Monday. According to the EU...
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A crate of 1974 Chinese grain distillate was sold at a London auction at a record price of 1 million pounds
For one million British pounds (413 million forints), a crate was sold from a 1974 vintage of the legendary Chinese national drink, the pajcsiu – a grain distillate made mainly...
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(HU) Csak műanyag csomagolásból 30,5 kg hulladék jut egy főre évente
Sorry, this entry is only available in HU....
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AXE motivates guys to get vaxxed, then AXEd
Unilever’s AXE brand of male grooming products is pushing hesitant Gen Z consumers to get vaccinated against COVID-19 as the dating scene returns. Brand to distribute “AXEination Kits” featuring their...
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Retail sales of non-food items in Europe fell by 3%
Although the year 2020, which was a hallmark of COVID-19, presented retailers with enormous challenges, fmcg product trade was able to benefit during closures, with an average increase of 5.5%...
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Following parcels
In 2020 international shipping reduced due to the closure of borders and other pandemic-induced problems, while domestic parcel delivery produced a record performance. The market change entailed new types of...
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China could be an important export market for Hungarian agriculture
Balázs Győrffy, President of the National Chamber of Agricultural Economy, was welcomed by Péter Várfi, The General Congreent of Guangzhou (Cantonese) on 21 June 2021, who will soon begin his...
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(HU) Megszűnik a 22 euró alatti áruk áfamentessége július 1-jétől
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Why do four generations think otherwise about sustainability?
Which generation is most affected by the burden of saving the planet? Who does what for sustainability? The joint research by SteiGen and UniCredit Bank mapd the views of four...
Read moreSzázadvég: economic expectations continued to improve in June
According to the June survey of the Századvég Economic Researcher, economic expectations improved slightly with the improvement of the viral situation: the population index rose from minus 6.9 to minus...
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CNRS: organic farming may be able to supply Europe by 2050
A sustainable, biodiversity-friendly agri-food system based on organic farming could be implemented in Europe, allowing a balanced coexistence of agriculture and the environment, according to scientists from the French National...
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Hungarian products brought one million to the lucky winner
Almost 170 products of 10 trademark users took part in the joint prize game of Hungarian Product Nonprofit Kft. and METRO, which was called ‘Buy Hungarian and win with Hungarian...
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It is now simpler to find the best prices and Hungarian products
An innovative price comparison website was launched this year: shoppy.hu is a free price and product comparison website that can help consumers save money. Thanks to a cooperation with Hungarian...
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ALDI, Tesco, Spar speak out: shopping will never be the same
In 2020, the combined turnover of the 15 largest domestic e-retailers exceeded HUF 380 billion gross, which represents 41% of the total online retail market, while the number of orders...
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Walmart Invests in DroneUp
Walmart is making a strategic investment in drone services startup DroneUp after partnering with the firm to launch hundreds of deliveries from stores in a pilot program. On 17. June Walmart U.S. CEO...
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China Exports Rise Less than Estimated
Exports from China grew by 27.9% yoy to USD 263.92 billion in May 2021, easing from a 32.2% surge in April and compared with market consensus of 32.1%. This marked...
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Clouds above the sun protection market
In 2020 not only the virus situation had a negative effect on the sales of sunscreen products, but also the changeable summer weather. Réka Horváth-Kelen, sales and marketing manager of...
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Hungarian shoppers have a greater sense of purpose in the new situation
Growing financial challenges and increasing price-sensitiveness One of the many effects of the coronavirus pandemic is that households are facing serious financial challenges these days, and this influences both their...
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Magazine: Block chocolate is one of the lockdown’s winners
According to Sándor Sánta, president of the Association of Hungarian Confectionery Manufacturers, Hungary is the land of milk chocolate but in line with the global trend, the dark chocolate segment...
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Business expectations no longer improved in June
The GKI economic activity index continued to rise in May and June after an unprecedented rise in April, but most recently within the margin of error. The index reached its...
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Blokkk.com: Shopkeeper growth higher than inflation average
According to online till data, traditional store revenue rose 12% in May compared with the same month in 2019 two years earlier. But the increase also whitts down much of...
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AM: digitalisation is the key to the green transition of agriculture
One of the most serious challenges for agriculture is generational change. As farming requires a serious and long-term commitment, the agricultural profession must be made more attractive by presenting the...
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Exciting careers
This year, Trade Marketing Club’s traditional summer event was organised with personal and online participation. Both the topic and the opportunity to meet attracted members and non-members. Approximately 80 people...
Read moreBritish food exports to the EU fell by almost half
British food and beverage exports to European Union markets fell by almost half in the first quarter of this year, according to a recent survey by the British Food and...
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Vajda-Papír supplies hygienic paper products to the Hungarian Maltese Charity Service’s children’s programs for a year
Hungarian-owned Zalmon Kft. is developing a state-of-the-art salmon farm in Zalaegerszeg, the company informed MTI on Thursday. According to the Communication, the construction of the investment, with a grant of...
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Magazine: Strong Brands, Strong Immune Systems
In this piece Henkel CEO and BGA Hungary President Ágnes Fábián gives us again her account of the previous business year along with some personal insights into the Covid issue....
Read moreVarga: Hungary moved up five places in the international competitiveness ranking
Hungary has moved up five places in the competitiveness ranking published by the IMD World Competitiveness Center of the Swiss Business School, said Minister of Finance Varga Mihály at a...
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The highest inflation of the past two and a half years was measured in May in the euro area
In May, the highest inflation in the euro area was two and a half years ago, according to a Thursday report by Eurostat, the European Union’s statistical office. Inflation rose...
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