Market News
Széchenyi Funds has invested in digital technology to support management
Széchenyi Funds has invested HUF 900 million in Billingo, which is designed to facilitate the daily lives of entrepreneurs. Founded in 2014, the company outpaced several large companies and became...
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Milk Product Council launches national sweepstakes again
This year, the celebration of milk and dairy products can’t be left to the fore, so on the apropos of World Milk Day, your organization, like last year, has an...
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BMI: Further improvement in May
The Purchasing Managers’ Index (BMI) seasonally adjusted For May is 52.8. Compared to previous Mays, this year’s figure is above the long-term May average (52.4) and above the average for...
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KSH: Investments increased by 2.5 percent in the first quarter
In the first quarter, the growth of investments started in the previous quarter continued, the volume of developments increased by 2.5 percent, compared to the same period of the previous...
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The OECD has improved Hungary’s growth forecast
The OECD has improved its economic growth forecast for Hungary this year, acknowledging the positive effects of economic protection subsidies and high vaccination during the pandemic. The latest half-yearly forecast...
Read moreAn educational campaign was launched for bees
The campaign draws attention to the protection of bees, their role in nature and the beneficial effects of honey in the joint educational campaign of the Ministry of Agriculture, the...
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Consumer confidence improved in May in the euro area and in the EU
Consumer confidence has improved in the eurozone and the European Union in May, the European Commission said in a report released on Friday. In the eurozone, the consumer confidence index...
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Coke and Pepsi – two sides on reopening
The iconic beverage brands are running campaigns that tap into an eagerness to return to normal. The topic is the same but the approach is totally different. When giant brands...
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How advancing women’s equality can add $12 trillion to global growth
A McKinsey Global Institute report finds that $12 trillion could be added to global GDP by 2025 by advancing women’s equality. The public, private, and social sectors will need to...
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EU proposes pre-summer review of coordinated travel measures
The European Commission has proposed a revision of the EU Council recommendation on the harmonisation of restrictions on free movement within the European Union, the Brussels body announced on Monday....
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Adecco: Prejudice against female leaders is unfounded
According to Eurostat’s 2020 survey, more than 9.5 million people worked as managers in the third quarter of last year, of which 6.2 million were men. Although women account for...
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KSH: earnings increased by almost 9 percent
In March, the average gross earnings of full-time employees were 435,200 HUF, and the average net earnings excluding benefits were 289,400 HUF for enterprises with at least 5 employees. At...
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Negotiations are frozen, no agreement yet on the new Common Agricultural Policy
Despite two days and two nights of negotiations, no agreement was reached on the Common Agricultural Policy. The Agriculture and Fisheries Council has not reached a agreement with the European...
Read moreChamber of Agriculture: field strawberries ripens two weeks later than usual
The wild strawberries ripen this year two weeks later. According to the overview of the National Chamber of Agriculture, the Hungarian open-air fruit will appear in large quantities in the...
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Gross earnings of full-time employees grew 8.7 percent year-on-year
According to a report published by the Central Statistical Office (KSH) on Friday, the average gross earnings of full-time employees in March were 8.7 percent higher than a year before....
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Big companies are optimistic when it comes to re-opening
The biggest companies have become significantly more optimistic about the end of last year, at least in their own outlook, according to the latest K&H Enterprise Growth Index data for...
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This year, Hungarian parents spend more on toys and games on Children’s Day
This year, Hungarian parents spend more on games on Children’s Day – this was revealed in the data sent by toy retailers to MTI. 1-2 weeks before Children’s Day is...
Read moreThree-month lows in consumer sentiment in the United States
The final value of the Michingan University Consumer Sentiment Index in May was slightly higher than the preliminary value, but it still proved to be the lowest for three months....
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Gap and Walmart Partner to Introduce Gap Home
Gap is the first fashion retailer to partner with Walmart in the home space, delivering a multi-year partnership to offer timeless American style for modern living. Strategic partnership According to...
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(HU) Több mint 5 millió forint, jellemzően ennyi pénz kell egy vállalkozás beindításához
Sorry, this entry is only available in HU....
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Hungarians are not conscious water-consumers
Five out of 10 Hungarians are not worried that water shortages could develop in Hungary in the next 50-100 years, according to finish’s representative research on water consumption. The survey...
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FAO: International food prices continue rising in April
FAO Food Price Index posts 11th consecutive monthly increase, new forecasts point to growth in world wheat and maize output International food commodity prices rose for the 11th consecutive month in...
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(HU) Magazin: Öt rész vodka, egy rész COVID!
Vodka is the best-selling spirit in the world in terms of quantity, but recently sales have been declining until 2019, when this negative trend seemed to come to a halt....
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Varga Mihály : the economy may grow by 12-14 percent in the second quarter
According to the data followed by the ministry on a weekly basis, the double-digit economic growth forecast for the second quarter, at around 12-14 percent, is justified, Mihály Varga Minister...
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KSH: 4,559,000 employees in April
In April, the average monthly number of employees aged 15-74 was 4,559,000, which was 36,000 more than in the same period of the previous year and 57,000 less than in...
Read moreThe European Commission is urging further EU action to protect pollinators
The European Commission says that further EU action is needed to protect pollinators, as one in ten bee and butterfly species is still on the verge of extinction and one-third...
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The KSH and the professional organization of the service industry have concluded a cooperation agreement
In order to map the Hungarian service sector, the Central Statistical Office (KSH) and the Hungarian Service Industry Outsourcing Association (HOA) have concluded a cooperation agreement – the parties informed...
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World cereal prices skyrocket
Consumer prices rose at an unprecedented rate in April compared with a year earlier. In addition to paying much more for fuels, not a basic food has become more expensive....
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Hungary does not accept any agreement adversely affecting people involved in agriculture
Hungary will not accept an agreement on the common agricultural policy that could adversely affect people living in agriculture in Hungary, Said István Nagy, Minister of Agriculture, in Brussels, after...
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