Market News
Sales of Swiss watches fell last year
Sales in the Swiss watchmaking industry declined last year. A decline in sales was recorded for the 11th consecutive month in December. According to data from the Swiss Watch Industry...
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The gap between wages in the capital and in the countryside has narrowed
In 2020, Budapest was also the best place to earn in Hungary, but rural salaries have caught up significantly with the capital compared to previous years. The highest average salary...
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According to a survey, Hungarian workers expect lasting changes in employment
As a result of the coronavirus pandemic, the Hungarian workers expect lasting changes in employment. Hungarian workers consider job security to be increasingly important, for which they are also willing...
Read moreThe mood of Hungarians is improving, but fears of corruption are growing
The world’s population continues to see the coronavirus as the main threat to society. On the other hand, the Hungarian population is most afraid of financial and political abuses and...
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The vast majority of businesses do not agree with the tightening of KATA
The Hungarian Chamber of Commerce and Industry came to the forefront in 2020 with the proposal to tighten KATA and the proposal to reduce the business tax, which, as expected,...
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The future of the supply chain is cobots, drones and artificial intelligence cameras
According to research by Deloitte Technology Trends 2021, in the near future, data sharing will come to the fore among the participants in the supply chain. The entire product chain...
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From February, the minimum wage will increase to 167,400 HUF gross
From February 1, the gross value of the minimum wage will increase to 167,400 HUF and the gross value of the guaranteed minimum wage to 219 thousand HUF, which means...
Read moreThe country’s wild boar population needs to be reduced
The Hungarian wild boar population needs to be reduced in order to slow down the spread of African swine fever and to make the country free of the disease in...
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Despite the economic downturn caused by the pandemic, European investment has exceeded expectations
The volume of commercial real estate investments in Europe reached 275 billion euros last year. Although this represents a decrease of 17 percent, compared to 331 billion euros in 2019....
Read moreThe German government has downgraded its growth forecast
The German federal government has revised its economic forecast downwards, with the forecast presented on Wednesday showing that Germany’s gross domestic product (GDP) could grow by 3 percent this year...
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The world’s first, really green grocery store
The PCC Community Market in the Ballard neighborhood of Seattle has become the world’s first Living Building Challenge (LBC) Petal-Certified grocery store. LBC Petal certification for PCC Ballard represents rigorous...
Read moreHungary is urging the EU to take immediate action in the pig sector
At a video conference of the European Union’s agriculture and fisheries ministers on 25 January, Hungary urged urgent measures to improve the situation in the pig sector. At the request...
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The Food Chain Safety Agency has found marking errors in the inspection of hazelnut creams
In this year’s first product test, 34 hazelnut creams were tested by the National Food Chain Safety Office (Nébih), none of which were problematic in terms of food safety and...
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World-class developments created from tender sources on the Kaposvár Campus of the Szent István University
Eight Centers of Higher and Industrial Cooperation (FIEK), financed partly from EU and partly from domestic sources, provide space for organized cooperation between the research community and industrial actors in...
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Dietary: fiber intake strengthens the immune system
At the time of the pandemic, it is extremely important to support our immune system with a healthy diet and proper fiber consumption – the dietitian Somogyi Kovács Anita called...
Read moreIMF Improved this year’s world economic growth forecast
World economic growth could pick up in the second half of the year, thanks to stimulus fiscal and central bank monetary measures and the launch of mass vaccinations, according to...
Read moreBusiness sentiment in Germany deteriorated in January
As a result of the severe situation caused by the coronavirus pandemic, business sentiment in Germany deteriorated more than expected in January, according to a survey by the ifo economic...
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Walmart positions itself as key COVID-19 vaccine provider for rural America
Walmart expects to be able to administer between 10 million and 13 million COVID-19 shots per month at its more than 5,000 in-store pharmacies in the United States and Puerto...
Read moreA new record in freight transport
A special freight train has departed from the southern Chinese province of Guangdong to Russia, origo wrote. The cargo arrives in Moscow in just 15 days, reducing delivery time by...
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PepsiCo plans to become a zero emission company by 2040
PepsiCo Inc seeks to achieve net-zero greenhouse gas emissions across its supply chain by 2040. The makers of Doritos chips and Tropicana juice said: first they will cut greenhouse gas...
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CSR Hungary Summit: COVID has created the opportunity for a new beginning
The 2-day CSR Hungary Summit was organised online at the end of last year. On the first day participants discussed many COVID-related issues. Júlia Takács, founder and managing director of...
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Metro AG is the new owner of Davigel Spain
Metro AG has announced the takeover of food service distribution company Davigel Spain – for an undisclosed fee. Davigel Spain supplies more than 4,000 partners in Spain, mainly on the Balearic and...
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Asda is testing a vegan butcher counter
Asda has teamed up with vegan concept creator Kbox Global, to test a supermarket vegan butcher counter for this year’s ‘Veganuary’. In Asda’s Watford store a counter named Veelicious was built,...
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SPAR Austria continues to reduce sugar content of products
SPAR Austria’s sugar reduction scheme – which was launched in 2019 – will continue in 2021. Since 2020 11,454 tons of sugar has been removed by SPAR’s partners in the initiative. SPAR Austria has cut...
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Waitrose: Seaweed will be the superfood of 2021
Waitrose & Partners believes that seaweed is the must-have ingredient of 2021, as sales of the product grew by 23 percent last year if compared to 2019; sales were 71 percent...
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Nomad Foods buys Findus Switzerland
Nomad Foods has bought Findus Switzerland from Froneri International Ltd, together with certain intellectual property from an affiliate of Nestlé S.A., for a price of approximately EUR 110 million. Findus...
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Hungarian bank card acceptance is among the fastest developing in Europe
According to the latest data from Mastercard, the number of card payment terminals increased by 20 percent in Hungary in 2020. Mastercard launched its Doppio infrastructure development programme in the...
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Barilla acquires British fresh pasta maker Pasta Evangelists
Via its BLU1877 business Barilla has acquired a majority share in Britain’s Pasta Evangelists, reentering the fresh pasta market and boosting its digital offering. The two companies did not disclose...
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The future of the supply chain: Cobots, drones and artificial intelligence cameras
The Deloitte Technology Trends 2021 study has revealed: in the near future members of the supply chain will focus on sharing data, and the whole product chain will become visible...
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Digitalisation: Hesitant companies
According to a global survey conducted by EY with the participation of 1,001decision-makers, 62 percent of executives think they should completely transform the way their company works within 2 years,...
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