Market News

Customized Feelings of Deficiency – Consumer Protection Challenges in Online Marketplaces

The pencil of the Office of Economic Competition will be thick when it comes to online marketplaces. Recently, the GVH has imposed several heavy fines, amounting to billions, for conduct...

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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....

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Ifo’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...

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(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,...

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Aldi 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...

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Nielsen: 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...

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It 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...

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Varga 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...

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Dairy 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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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...

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Beekeeping 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...

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NAK: 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...

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Natural 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...

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Consumer 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

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