Market News
The renovation of the market square in Sándorfalva has been completed
The renovation and expansion of the market square in the center of Sándorfalva has been completed. The investment was realized from 388 million HUF, with EU support – the local...
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Consumer confidence in the euro area and the EU improved in May
Consumer confidence in the euro area and the European Union has improved in May, according to a preliminary flash estimate published by the European Commission on Friday. In the eurozone,...
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Abolishing the VAT exemption for small goods ordered from outside the EU may discourage shopping
At first, the desire to buy may be curbed by the fact that from July 1, VAT will also have to be paid on items under 22 euros that arrive...
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Magazine: We don’t hesitate when it comes to doing the dishes
According to Dóra Szűcs, brand manager of Henkel Magyarország Kft., the coronavirus pandemic influences the washing-up product market too, as sales grew by two-digit numbers in 2020 for the first...
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(HU) Nemzetközi szinten is elindult az Európai Friss Csapat program
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(HU) Nagy István agrárminiszter: A beruházások kora jön az agráriumban
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Shops are shining stars now… or maybe not
Compared to last year’s store closures, yes. The calendar of recent statistics moved to the weeks after it opened on April 8, but the comparable period remained in last year’s...
Read moreHungarian-French-Belgian program to promote fruit and vegetable consumption
A three-year program to promote fruit and vegetable consumption has started with a Hungarian-French-Belgian collaboration, the organizers told MTI on Thursday. The European Fresh Team program in Hungary primarily aims...
Read moreGKI Digital is focused on the Hungarian online retail market
The concentration of the Hungarian online retail market is indicated by the fact that last year the online turnover of the three largest domestic e-merchants exceeded 200 billion HUF, while...
Read moreThe Templárius Foundation and the Szent András Sörfőzde cooperate with the Hungary Helps program
The Templárius Foundation and the St. Andrew’s Brewery in Békésszentandrás are cooperating with the Hungary Helps program. Azbej Tristan, Secretary of State for Assisting Persecuted Christians and Implementing the Hungary...
Read moreOECD economic growth slowed in the first quarter
The combined economic growth of OECD member countries slowed significantly in the first quarter of this year, compared to the last quarter of last year. According to the website of...
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PLMA European news
Focus topic of the May newsletter E-Scanner of the Private Label Manufacturers Association is the novelties, unique characteristics of retail players and the monitoring of changes. The French ‘Drive’ is...
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New entrants to e-commerce: 50 pluses have appeared in large numbers
E-commerce has become a part of our daily lives, there is almost no life situation in which we have not ordered from the internet: more than half of hungarians who...
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Step out of the box. Successful examples of unusual business steps
Why does a meat company make a vegan product? What is a European juice producer doing in the Brazilian jungle and a brewery giant in Castle Hill? Examples of innovative...
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(HU) Vendéglátóipari állások: hatalmas a kereslet-kínálat
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(HU) A vállatokat világszerte megrendítette a pandémia okozta krízis, de már készülnek a növekedésre
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Read moreReacty Digital: the proportion of online shoppers who purchase at least once weekly has doubled in two years
In two years, the proportion of Hungarians who shop online at least once a week has increased from six to twelve percent, Reacty Digital told MTI. According to a representative...
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MNB: households’ financial assets grew in the first quarter
Households’ net financial assets increased by 1,412 billion HUF in the first quarter, reaching 56,655 billion HUF at the end of March, 5,441 billion HUF – 10.6 percent – more...
Read moreNagy István: farmers will receive more than 950 billion forints this year
This year, the Ministry of Agriculture will enable farmers to use more than 950 billion HUF, which exceeds the total amount of support for the previous seven years, the Minister...
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The name Nagykun rice has been added to the list of protected geographical indications in the EU
With the approval of the European Commission on Tuesday, the name “Nagykun rice” has been added to the EU list of protected geographical indications, the list of products whose names...
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The value of trade in goods in the EU has increased
The value of trade between the euro area and the European Union rose significantly in March, not surprisingly in light of the fact that the coronavirus pandemic had just exploded...
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Rising food prices are prying shoppers from their favorite grocers
Price has emerged as the top consideration for consumers when they decide where to shop for food, according to a survey conducted last week by Inmar Intelligence. Roughly 68% of the 1,000...
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Lives and careers abroad
Our magazine interviewed four managers who had spent a long time in other countries. Zsuzsa Szak (SZZS), general manager of beauty care at Henkel Magyarország Kft., Dániel Buzási (BD), country...
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KSH: the performance of the economy increased by 1.9 percent compared to the previous quarter
Compared to the previous quarter, Hungary’s gross domestic product (GDP) fell by 2.3 percent according to the raw data and by 2.0 percent calendar effect adjusted in the first quarter...
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Quality Label has been introduced by the British Beef Breeders Association
A trademark has been introduced by the British Beef Breeders Association (BHTE) to encourage the consumption of good quality, controlled, domestic beef, the organization told MTI on Tuesday. The introduction...
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Avian influenza: the requirement to keep poultry closed has been withdrawn
Due to the favorable epidemiological situation, the national chief veterinarian withdrew the requirement to keep poultry closed, the National Food Chain Safety Office (Nébih) announcexcd on its website. The mitigation...
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Nébih withdraws 1.2 tons of food from the market in Tuzsér, Szabolcs-Szatmár-Bereg county
The National Food Chain Safety Office (Nébih) withdrew more than 1.2 tons of risky food from the market during the inspection of one of the food stores in Tuzsér, Szabolcs-Szatmár-Bereg...
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Euro area and EU GDP declined in the first quarter
In the first quarter of this year the gross domestic product of the euro area decreased compared to the previous quarter, the European Union’s statistical office, Eurostat reported on Tuesday....
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Walmart maintains growth with online sales up 37%
COVID-19’s unprecedented impact on Walmart’s growth last year was tough to beat, but the retailer continues to report robust first quarter growth with e-commerce sales up 37%, market share gains in grocery...
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