Market News
Hungarian e-commerce is at its peak, yet we are a country of abandoned baskets
The coronavirus has really exploded web commerce in Hungary as well, more than half (58%) of the nearly 3.5 million online shoppers are still frustrated by shopping in the digital...
Read moreDigital preparedness can be a real vaccine for companies against a pandemic
The importance of automation was appreciated by the pandemic among economic operators, according to a recent Digital COVID Panorama research conducted by SAP Hungary. Firms whose growth prospects did not...
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Home office hidden costs
In the second wave, more and more Hungarian workers are moving to home offices again, ie they will work from home until the pandemic leaves – penzcentrum.hu wrote. However, a...
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Payment of temporary aid to agricultural holdings in difficulty due to the coronavirus epidemic has started
In the case of transitional aid applications submitted by horticultural undertakings and dairy farmers between 29 June 2020 and 12 July 2020 and by beekeepers between 13 July 2020 and...
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A serious infection appeared in the Hungarian wine regions
For the time being, the problem is in Transdanubia with a grape disease called golden yellowing of grapes, which is spread by the American vine that settled in the country...
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Close because of a mask? But there’s something else here
And if the seller is pushed aside by the buyer who is not wearing the mask? Anyway, it could be a miracle if you find a store open: there are...
Read moreGKI: consumer confidence index continued to decline in September
GKI’s consumer confidence index slowed down for three months after falling in April, but rose slightly, but in August and September expectations deteriorated slightly: from minus 29.6 points in August...
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Hungarian Factoring Association: the factoring market achieved good results despite the crisis
Despite the virus and the ensuing economic downturn, the first half of this year produced a surprisingly good result in the factoring market. Turnover increased by 20 percent compared to...
Read moreThe EU and China have signed an agreement on the protection of European geographical indications
The European Union and China have signed an agreement to protect hundreds of European geographical indications (geographical indications and designations of origin) and hundreds of Chinese geographical indications in the...
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Christmas is coming sooner in American stores this year
Most American department store chains plan to start the Christmas shopping season much earlier than usual this year so that there will be fewer pople in stores at the same...
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Lay’s ‘Smiles’ campaign reloaded
Lay’s ‘Smiles’ packaging returns with its third iteration, now as counterpoint to masked and unhappy faces. Lay’s potato chips, which is PepsiCo’s Frito-Lay unit, is bringing back its limited-run “Smiles”...
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Americans develop automated farms
A newly established scientific institute is looking for the answer to the question of how automated the agriculture of the future can be. The AIFARMS Institute will primarily study the...
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A 28-year-old has sold his birthday whisky collection to buy a house
A 28-year-old has sold a collection of whisky given to him each year by his father as a birthday present, for 44,000 pounds (57,363 USD), in order to buy his...
Read moreCsúcson a magyar e-kereskedelem, mégis az elhagyott kosarak országa vagyunk
The coronavirus has really exploded web commerce in Hungary as well, yet more than half (58%) of the nearly 3.5 million online shoppers are frustrated by shopping in the digital...
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Magazine: Whole bean coffee in the spotlight
Although coffee sales did slow down a bit in 2019 if compared with the years before that, the sales growth was still 5-6 percent. The premiumisation trend continued: capsule and...
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Hot food in the second Amazon Go grocery store
Amazon opened second Go Grocery store in Redmond. The online giant is also claiming a place in the physical space, as it has opened Amazon Go, Go Grocery and latest Fresh...
Read moreThe Hungarian meat industry is calling for solidarity against the expected dumping of pigs from Germany
The Association of Hungarian Meat Industry urges retail chains not to buy and sell pork at unrealistically low prices, even if German pork appears on the European market at dumped...
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Nielsen: This is an advertising space
The following analysis examines the changes associated with television advertising. The first 35 whole weeks of the period 2019 and 2020 were studied. This corresponds to the first eight months...
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Retail indebtedness is growing
Sales of loans fell, but repayments were also lower in the second quarter, with barely a third of personal loans being paid in than in the first quarter – napi.hu...
Read morePeople living from agriculture can tax more easily
By renewing the regulations on family farms and primary producers, the government would simplify the tax environment for farmers and increase the tax exemption thresholds, the agriculture minister said at...
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Seed Association: seed production did not stop during the pandemic
In recent months, Hungarian seed production has been operating smoothly due to pandemiological measures due to the coronavirus pandemic, the Seed Association’s Interprofessional Organization and Product Council told MTI on...
Read moreConsumer prices fell in August on a monthly basis in Germany
In August, inflation in Germany was in line with expectations, meaning that consumer prices fell on a monthly basis and remained unchanged on an annual basis. According to data posted...
Read moreMinister of Agriculture: commercial chains should continue to procure Hungarian pork!
The Minister of Agriculture calls on the commercial chains to maintain the procurement of Hungarian pork after the outbreak of swine fever in Germany, the Ministry of Agriculture (AM) told...
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207 pioneering innovations and businesses received 60 million euros from the EIT’s crisis management initiative
As part of the EU’s efforts to combat the Covid-19 pandemic, the European Institute of Innovation and Technology has announced the results of the EIT’s Crisis Response Initiative: 60 million...
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Nébih: Hungary regained its avian influenza classification
According to the regulations of the World Organization for Animal Health (OIE), Hungary regained its avian influenza-free status on September 8, after recognizing the favorable status for the whole country,...
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The Founder Institute opens an office in Budapest
The world’s largest accelerator for early-stage startups, the Founder Institute, will open its newest international representative office in Budapest. Founded in Silicon Valley, USA, the business development network already helps...
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African swine fever has appeared in Germany
African swine fever has reached Germany, the swine fatal virus (ASP) has been detected in a wild boar carcass, the federal government’s agriculture and food minister announced in Berlin on...
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What happens when kids are planning home issues
In its Taking care together is good! program, Zewa spent seven weeks examining how families with young children relate to housework and gender roles, and how children react when they...
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Vagheggi provides a secure hinterland for its partners
Beauty care is not a necessity. In the first half of 2020, several cosmetics were closed, and as a result of the pandemic and restrictions, trends in beauty and skin...
Read moreAnnual inflation in the Czech Republic declined in August
Annual inflation in the Czech Republic fell to 3.3 percent in August from 3.4 percent in July, the Czech statistical office said in Prague on Thursday. Compared to last year,...
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