Market News
Consumer confidence in the United States deteriorated more than expected in July
In July, consumer confidence in the United States deteriorated more significantly than expected by analysts. According to data posted on the website of the Conference Board non-profit economic research institute...
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Sustainability professionals can reform the fashion industry
Students graduating from the latest, Sustainable Fashion Brand Management at the Budapest Metropolitan University (METU) will work on the modern challenges and sustainable practices of the fashion industry. The renewal...
Read moreChina has become the largest importer of Russian meat
Russia has increased its meat exports 2.2-fold in the first half of the year, with China as its biggest buyer, Russian economic daily RBK published on Tuesday, citing an analysis...
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(HU) Hell: Környezetvédő törekvések szállodaépítésben és palackozásban
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Guaranteed to be a royal treat
LEDO – the most popular and market-leading ice cream maker in the Adriatic region – has been present in Hungary since 2004. Ledo Kft.’s managing director Andrea Velin told: family-size...
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Spicy evenings
Barbecues are the driving force behind the considerable sales growth in the spice, marinade mix and sauce categories. According to Brigitta Kosaras, brand manager of Nestlé Hungária Kft., spice mixes...
Read moreHooray! The shop world might have grown in July
The total of the indicator of KSH is above zero for the first time since the pandemic period. Also in larger grocery stores. The unpleasant surprise is that the telecommunications...
Read moreGKI only improved the outlook for consumers and business providers in July
Following the shock-like deterioration in the outlook for Hungarian economic participants in April, a significant positive correction took place in May and June. GKI’s economic index rose only slightly in...
Read moreA small meat processing plant was inaugurated in Hajdúnánás
The social cooperative established a small meat processing plant in Hajdúnánás, and the investment made with the support of the Ministry of the Interior worth 178 million HUF was handed...
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Burger King Xmas in July
Burger King is running a new multichannel campaign to celebrate “Christmas in July” that aims to bring goodwill and cheer to consumers during a difficult year. A new video ad...
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The government supports the development of more than 160 small and medium-sized enterprises in Pest County
Investments that mean the development of small and medium-sized companies, the strengthening of their market position and the security of the workplace of those working there have a significant role...
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Next year we can pay out even 1 forint with a credit card
From January, it will be possible to pay out even a single forint with a bank card, no cash will be needed, the parliamentary secretary of state of the Ministry...
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The fully automated vertical crop production already exists
Sananbio’s Chinese indoor farming technology provider has launched Uplift’s automated vertical farming system. According to the manufacturer, the system can perform sowing, transplanting, harvesting and plant transport tasks completely independently....
Read moreIfo’s German business sentiment improved better than expected in July
Ifo’s German business sentiment improved better than expected in July, compared to the previous month. Analysts’ expected less. The companies surveyed rated their current business environment as worse than they...
Read more(HU) Járvány és digitalizáció: nem csak a home office miatt változik meg az életünk
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As more go hungry and malnutrition persists, achieving Zero Hunger by 2030 in doubt, UN report warns
More people are going hungry, an annual study by the United Nations has found. Tens of millions have joined the ranks of the chronically undernourished over the past five years,...
Read moreAldi to reach 2000 stores in the U.S. this year
The German discount chain, which is in the midst of a $5 billion plan to open new stores and remodel existing ones in the United States, has crossed the 2,000-store...
Read moreNielsen: Consumer confidence decreased significantly because of the coronavirus
As a result of the Covid-19 pandemic, global consumer confidence decreased by 14 points, compared to the last quarter of 2019: it fell from 107 to 92 points. In Europe,...
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AM: agriculture has become a strategic sector
The coronavirus pandemic showed the importance of the Hungarian agriculture and food industry -Farkas Sándor, Parliamentary State Secretary of the Ministry of Agriculture (AM) said the Bread of the Hungarians...
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Tenants of several municipally owned business premises received a discount
In Budapest, the downtown municipalities chose the lesser bad: they waived part of this year’s rent, only to keep the tenants of the business premises alive – privatbankar.hu wrote. But...
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Transylvanian businesses can also compete for the Lovely Jobs award
For the fourth time, DreamJo.bs has announced the Lovable Jobs Award, which will be renewed in several ways this year, in part as a result of market changes caused by...
Read moreIt is planned to establish an animal genetics laboratory in Kaposvár
At the beginning of July, MÁSZ concluded a strategic agreement of outstanding professional significance between the University of Kaposvár and Nébih – agrarszektor.hu wrote. The aim of the cooperation is...
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More than 150,000 European textile jobs have been put at risk
More than 150,000 jobs have been put at risk in the European clothing and textile industry as a result of the coronavirus pandemic, according to a recent study by credit...
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Consumer confidence in the euro area deteriorated in July
Consumer confidence in the eurozone deteriorated in July, according to a preliminary flash estimate released by the European Commission on Thursday. In the eurozone, the consumer confidence index decreased by...
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A virus-neutralizing, reusable mask has been developed in Portugal
The SARS-CoV-2 virus inactivating mask was developed by a consortium of companies and scientific research institutes. The textile mask called MoxAD-Tech passed the tests performed at the Joao Lobo Antunes...
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The Swiss watch industry is in serious crisis
The Swiss watchmaking industry has entered an “unprecedented crisis” following a fall in demand as a result of the coronavirus pandemic and a temporary halt in production, shipping and sales...
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Magazine: Clean and comfortable – without taboos
Essity Hungary Kft.’s senior brand manager Barbara Horváth told our magazine that the intimate hygiene category had expanded in both value and volume. Sales increased in all segments, with sanitary...
Read moreVarga Mihály: economy already revived the a bit in June, but the half-year GDP may decrease by 5 percent
The economy picked up slightly in June, but GDP in the second quarter may still shrink by 10 percent year-on-year and shrink by 5 percent in the second half of...
Read moreDairy alternatives are conquering
Due to the increase in the number of consumers seeking to reduce the consumption of flexiterarian, ie meat and animal food products, the popularity of dairy alternatives is also increasing...
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