Market News
Biofuel from coffee grounds
Drinking coffee generates a lot of waste, starting with disposable and disposable cups, but it also includes plastic spoons and blenders, as well as packaging for sweeteners. As well as...
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Brutal wine surpluses have accumulated in Slovakia due to the coronavirus pandemic
In Slovakia, at least 80 percent of winemakers are affected by the crisis caused by the coronavirus. As they stopped exporting to third countries, they created a surplus of at...
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Smile Therapy
The mitigation measures are not yet having an impact everywhere, but easier communication is already spreading, for which consumers from Russia to Canada are equally grateful. The FMCG world looks...
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Drinking coffee generates a lot of waste
Drinking coffee generates a lot of waste, starting with disposable and disposable cups, but it also includes plastic spoons and blenders, as well as packaging for sweeteners. As well as...
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A donation of 10 million HUF by Electrolux
Electrolux has a total of 64 products nationwide, including refrigerators, detergents and donated tumble driers to social centers for the needy and the Ecumenical Relief Organization. The Swedish home appliance...
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Exports from Czech breweries increased in 2019
A record 21.6 million hectoliters of beer was brewed in the Czech Republic last year, 1.6 percent more year-on-year than in 2018, the Association of Czech Brewers said in Prague...
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The Buy Domestic Products! action starts a masked poster campaign
More than fifty manufacturers and trading companies have already joined the movement of the Magyar Termék Nonprofit Kft. to encourage the purchase of domestically produced products and the use of...
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This hurt the most during the curfew restrictions
-During the two months of the travel restrictions, the Hungarians missed the cultural programs and the possibility of free shopping the most – according to the recent public opinion poll...
Read moreWho buy a domestic product strengthens the Hungarian economy
The purchase of Hungarian products will strengthen the Hungarian economy, protect Hungarian jobs and ensure the livelihood of many thousands of Hungarian families, the Minister of Agriculture said in Lajosmizse...
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Matolcsy We took a new direction in 2020
According to the CEO of the central bank, 2020 can be considered a turning point – hvg.hu wrote. “In 1956, the Hungarian Revolution halted Soviet dictatorships in Europe for a...
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The production of hard-shell fruits is declining
The representatives of the Hard-Shell Fruit Committee of FEPEX (the main associations of producers and distributors in Spain), confirmed that this year’s production will decrease by at least 15% compared...
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Getting back to work after a virus outbreak can be harder
As with changed work schedules and telecommuting in recent months, returning to work can be a challenge for companies and workers. The process therefore requires slower, more gradual and more...
Read moreWhat will happen after the epidemic
In the coming years, three trends will shape the world economy. A new balance will emerge in the relationship between the markets and the state, in favor of the latter....
Read moreZEW’s sentiment index has been the highest in five years in Germany and the euro area
The sentiment index of the ZEW Institute for Economic Research has reached the highest level of the past five years in Germany and in the euro area in May –...
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TikTok is the new community hype
Unstoppable popularity characterizes the application launched from the world of 12-13-year-old teens, which by mid-2019 already produced 800 million downloads worldwide. In the pandemic, more mature adults have also caught...
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Introducing Facebook Shops: Helping Small Businesses Sell Online
Facebook has always been about connecting you to what you love. That means friends and family, but also products, brands and businesses. For years, people have used our apps to...
Read moreCOVID-19: Council adopts temporary support to mitigate unemployment risks in an emergency (SURE)
As part of its emergency support package to tackle the economic impact of the COVID-19 crisis, the EU has put in place a temporary instrument to help workers keep their...
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Single-use plastic products will not be banned
Deputy Prime Minister Zsolt Semjén, on behalf of the government, withdrew a bill that would have banned single-use plastic products from the government. On the evening of 13 May, the...
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The trend researcher about the new era we are living in
We have been living in a new world for two months. While many hope that sooner or later everything will return to the old wheelhouse, it certainly won’t be. The...
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RetailZoom: Basket Values peeks in April for Domestic Chains
Last week we published that Local Chains have managed to grow their value sales in April by an average of 9%. This lags behind the growth intensity experienced in March...
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Reopening also costs money, and you can’t get away without special offers
Opening promotions are coming as at Christmas. From March to mid-May, the coronavirus absorbed HUF 450-500 billion. And in a mask, the buyer stays careful for a while. From March...
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The bargaining position of food suppliers is strengthening
After a special retail tax of up to 2.5 percent of annual sales, traders have been given another hurdle: a new measure significantly restricts their freedom to negotiate a purchase...
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MNB: households also became richer in the first quarter
Households’ financial assets increased by 514 billion HUF in the first quarter of this year, which is the most modest amount since the 418 billion HUF in the third quarter...
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The National Chamber of Agricultural Economics postponed the membership fee declaration and payment until the autumn
In view of the state of emergency declared by the government and in accordance with the economic decisions made in connection with it, the national presidency of the National Chamber...
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Global supply chains need to be reassessed when the economy restarts, according to German economists
German economists favor a gradual relaunch of the economy by removing pandemic restrictions, but they stress in a survey of the ifo economic research institute that the role of global...
Read moreA family of bees moved to the Ministry of Agriculture
Minister of Agriculture Nagy István wants to draw attention to the role of bees, the quality of the metropolitan environment and the importance of environmental education with a family of...
Read moreU.S. retail sales fell by a record high in April
In April, retail sales in the United States fell to an unprecedented rate, both compared to the previous month and a year earlier – according to a report by the...
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COVID-19 crisis situation: businesses in the capital do not really have savings
In the best case, the companies in the capital expect a crisis period of another 4 months, according to research conducted by the Budapest Chamber of Commerce and Industry, nevertheless,...
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Mastercard: Contactless payment is catching up all over Europe
The Covid-19 pandemic that has locked down the planet and battered the payments industry is a classic Black Swan. It has taken several hundred thousand lives, plunged the world into...
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