Market News
K&H: SMEs left the crisis behind
The virus pandemic had a surprisingly moderate effect on the expectations of company executives. According to the most recent K&H SME Confidence Index, domestic SMEs’ sales and profit expectations for...
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Unilever joins test of voice-powered ads
Several global brands began testing interactive ads that respond to voice commands on Pandora, the streaming platform owned by Sirius XM. For years, Pandora has been operating on millions of...
Read moreBeekeeping Association: the worst honey harvest of the fifty years is expected this year
The worst honey yield in the last fifty years is expected this year, only a third or a quarter of the average yield – the president of the National Hungarian...
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Nébih warns about the deadline for concluding contracts for apple purchases
Processors who process more than 200 tonnes of apples must contract at least 60 percent of the fruit they process by 1 August – the National Food Chain Safety Authority...
Read moreNAK: a slightl delay in the harvest in the eastern part of the country
Rainy weather has slowed down harvesting in the eastern part of the country, so instead of the usual end of July, the harvest is expected to end only in early...
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NAIK: the turnover of ornamental plant growers was 12.4 billion HUF last year
In Hungary, the total area used for ornamental crop production was 1,518 hectares last year, and the net sales of the sector amounted to 12.4 billion HUF, according to one...
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Chocolate is good for the heart
Consumption of chocolate once a week could reduce the risk of heart disease – according to a new study published in the journal of the European Society of Cardiology. “Our...
Read moreNatural caffeine has a longer lasting effect than its artificial version
Natural caffeine has a longer-lasting and more even effect on the thought process and mood than artificial caffeine, researchers at Clarkson University have found. The authors of a study published...
Read moreConsumer sentiment in Germany has improved significantly
The consumer sentiment index of the GfK Economic Research Institute in Nuremberg, Germany, in August exceeded expectations, partly due to the reduction of VAT as part of the government’s economic...
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Agriculture has become a strategic sector
The coronavirus epidemic showed the importance of Hungarian agriculture and the food industry, said Sándor Farkas, Parliamentary Secretary of State for Hungarian Bread, at the 15 million wheat grain program...
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A fruit processing plant was handed over in Hatvan
High added value, experience, proper risk management, well-assessed market demands, a production structure and modern technology provide the efficiency of a business, and the government can provide a means for...
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(HU) Járványhelyzetben is lehet gondtalan a külföldi nyaralás
Sorry, this entry is only available in HU....
Read moreMost people feel they spend more on food than before
Food prices have skyrocketed worldwide in recent months, pertly due to the coronavirus situation. No wonder most people feel they spend significantly more on food than before. According to a...
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Google introduces video shopping platform Shoploop
Shoploop is an entertaining new way to shop online. Google’s research and development lab, Area 120, has unveiled Shoploop, a video shopping platform for finding, reviewing and purchasing goods, the...
Read moreHungary can receive a huge amount from the EU
Hungary can get a lot of EU money in the next EU cycle. Portfolio estimates that the framework could jump considerably, and at that time we had not even drawn...
Read moreOTP survey: The majority of respondents liked home office
The months-long home office has ended: most people are already going to work – penzcentrum.hu wrote. Workers are more sensitive to health security than ever before. A quarter of the...
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BNP Paribas Cardif We are much more motivated to work as a result of the crisis and we are more worried for our job
Although the health emergency caused by the coronavirus pandemic has thoroughly shaken the long-stable domestic labor market, there is still a partly optimistic mood among workers. At the same time,...
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Another support program will be launched for exporting Hungarian companies
Another support program will be launched for Hungarian exporting companies, the Minister of Foreign Affairs and Trade announced on his Facebook page. Szijjártó Péter emphasized that the pandemic will create...
Read moreThe government is preparing to regulate telework
The government will regulate telecommuting, as it has worked for both companies and employees during the coronavirus pandemic, the Secretary of State of the Ministry of Innovation and Technology (ITM)...
Read moreAM Secretary of State: by 2024, there will be one hundred thousand hectares more irrigable area in Hungary
The Ministry of Agriculture intends to increase the size of irrigable areas by one hundred thousand hectares by 2024 – the State Secretary of the Ministry of Agriculture said at...
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A criminal gang cheated billions of forints in taxes by trading food products
A criminal gang in the Budapest and Győr area cheated billions of forints in VAT by selling food products. The Central District Court of Buda arrested five of the suspects....
Read moreFrom Friday, the face mask will be mandatory again in stores in Austria
From Friday, face masks will once again be mandatory in enclosed public places such as grocery stores, shopping malls, banks and post offices – Chancellor Sebastian Kurz announced in Vienna...
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About body and soul
Every person with a healthy mind wants to stay healthy physically too. The health trend is slowly but steadily changing the world of mass products too. According to a recent...
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Ham king Pápai surprises the market with vegan range
Probably one of the biggest sensations in the Hungarian grocery market this year is Pápai Hús Kft.’s new vegan product range. Managing director Péter Szappanos reckons that a growing number...
Read moreKSH: the annual rise in the purchase price of pork has stopped in May
In May, the purchase price of live pigs decreased by 3.3 percent compared to a year before, while in the previous month it increased by another 21.1 percent. The reason...
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Less is sometimes more
Retailers and CPGs are moving toward selling fewer products in stores to decrease complexity and costs. At the same time innovations are needed. As the coronavirus pushes some items off...
Read moreAn agreement was reached about the seven-year EU budget
A few minutes after half past six in the morning, EU leaders finally managed to reach an agreement on the EU budget for the next seven years and a recovery...
Read moreThe European Commission has approved the protected designation of origin for Csopak wines
The European Commission has approved the inclusion of wines produced in Hungary under the name Csopak, or Csopaki, in the register of protected designations of origin (PDOs), the EU committee...
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The association of the Hungarian real estate business profession was formed
According to the organization’s communication sent to MTI, the most important goal is to educate the general public about commercial real estate and rental properties and to inform economic actors...
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376,000 people were looking for jobs in Hungary in June
In June, there were 376 thousand jobseekers in Hungary, which is an increase of almost 130 thousand compared to the same period of the previous year. Nearly 176 thousand people...
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