Market News
Nagy István: The government helps agricultural and food businesses with 25 billion HUF
The government will provide 25 billion HUF to help the agricultural and food businesses to overcome the economic difficulties caused by the coronavirus, the Minister of Agriculture told MTI on...
Read moreCan the supply chain in the food industry be shorter
Nutrition, food safety, ecological footprint and reduction of food loss: all arguments would be in favor of locally produced food. Hungary is still lucky in this respect, but in much...
Read moreNébih is launching quarantine research
How have our food buying and eating habits changed as a result of the epidemiological situation? What foods have we accumulated? What do we do with reserves? Among other things,...
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Csányi Sándor: This is how the Hungarian companies overcome the epidemic
Csányi Sándor, owner of the Bonafarm Group, president and CEO of OTP Bank, and president of MLSZ was the guest in the latest part of the Brain Bar live video...
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KSH: earnings increased by 9.1 percent in February
In February, average gross earnings were 377,300 HUF, 9.1 percent higher than a year earlier. The economic consequences of the coronavirus pandemic have not yet affected the first two months...
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NAV: SMEs can receive VAT back faster
With a significant redeployment of workers, the National Tax and Customs Administration (NAV) will meet the shorter VAT payment deadlines for small and medium-sized enterprises (SMEs) under the Economic Protection...
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Avian influenza has also appeared in Nébih Békés county
Avian influenza has also appeared in Békés County. The experts have started to liquidate almost 10,000 flocks of geese in Nagykamarás, while in Battonya, the flocks of young fattening turkeys,...
Read moreThere could have been hundreds of billions of forints losses in the ornamental horticulture sector
Without government intervention, there could have been hundreds of billions HUF losses in the ornamental horticultural sector – Orlóci László, president of the Organization of Hungarian Ornamental Gardeners told M1...
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The next generation can be dismissed
As a result of the economic shock caused by the coronavirus pandemic, many people could lose their livelihoods even during the summer, according to a recent survey by the Pénzcentrum....
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Five things we didn’t know about margarines
Is margarine hydrogenated and full of trans fatty acids? Maybe plastic, so it has no nutritional value at all? Although margarines are a popular food in Hungary, many urban legends...
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ECB: economic performance in the euro area could reach pre-crisis levels by 2022
According to the most likely scenario, the economic performance of the euro area after the downturn due to the viral outbreak could reach pre-crisis levels by the end of 2022,...
Read moreFurther easenings in Austria
All stores can open at our western neighbor on May 2nd. From May 4, education will also gradually resume, and from the middle of the month, restaurants and bars will...
Read moreThe state of emergency will be extended until 24 July in France
The French government has decided to extend the state of health declared due to the coronavirus pandemic until July 24, the health minister has announced. The lifting of the two-month...
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The era of handshakes is over?
Handshakes have been put on pause amid the coronavirus pandemic — and they may never come back if some Americans get their way. More than half of Americans surveyed in...
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Irrigation’s cooling effect on crops
In a recent U.S.-based study, a research team led by University of Illinois scientists discovered 16% of the yield increase from irrigation is attributable to cooling alone. “This study highlights...
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Coronavirus To Accelerate UK Grocery’s Digital Shift, Says Sainsbury’s Boss
The coronavirus pandemic is accelerating a digital shift in UK grocery shopping as Britons embrace home delivery, click and collect and technologies such as in-store scanning, the boss of Sainsbury’s...
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One-fifth of UK consumers reduce meat consumption during outbreak, The Vegan Society reveals
A fifth of UK consumers have cut down on their meat consumption during the COVID-19 pandemic, according to a survey conducted by The Vegan Society. It also found 15 percent...
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Four Hungarian Nominees for the GlobalShop trade show
For the first time, this year POPAI Hungary Association – with the sponsorship of Zewa and SPAR – organised the POPAI Student Design Awards. This competition followed in the footsteps...
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Reopening physical stores
POPAI and Shop!* chapters keep in touch and the member organizations are constantly informing each other about the consequences of the virus situation, with particular regard to the development of...
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The government has submitted a bill on a special retail tax on high-income companies
The government has submitted a bill on a special retail tax on high-income companies to the Parliament – the Ministry of Finance (PM) told MTI. The ministry’s announcement explains that...
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The Poultry Product Council is urging an EU import restriction
EU Poultry Product Council urges EU import restrictions to keep the sector afloat – Product Council Chairman and Director told M1 news channel on Tuesday. Csorbai Attila said that hotels...
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KSH: producer prices rose by 4.3 percent in March
In March, domestic industrial sales prices rose by an average of 1.5 percent, of which prices in manufacturing rose by 3.3 percent and those in energy fell by 1.9 percent....
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Here are the cheap credit cards
Several banks have appeared with their credit cards that fit into the interest rate cap that came into effect due to the epidemic. You can apply for a credit card...
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ÉMIN applications can be submitted until June 11
The Value and Quality Grand Prix is a symbol of quality and expertise! When the economy restarts, particular emphasis should be placed on a qualitative approach. A good alternative to...
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Once again, a pizza-making and home-delivery unit was suspended by Nébih
A pizzeria and home delivery units in Heves County were immediately suspended by experts from the National Food Chain Safety Office (Nébih) in April due to shortcomings in food safety...
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In April, economic sentiment in the euro area deteriorated to an 11-year low
April saw the largest drop in the business sentiment of euro area economies. According to a survey published by the European Commission’s Directorate-General for Economic and Financial Affairs (DG EcFin)...
Read moreBy presidential decree, Trump ordered meat processors to work continuously
Donald Trump has signed the presidential decree on the mandatory continuation of the work of meat processors, the White House announced on Wednesday – portfolio.hu wrote. Even before Trump’s announcement,...
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Bishops, innkeepers and hairdressers also protest against the slow start in Italy
As a concession to the coronavirus epidemic very slowly and gradually, the Roman government promised an open-air mass to the Italian Episcopal faculty (Cei), which strongly protested against the further...
Read moreFrom May, France will also ease restrictions against the epidemic
Mass testing, the segregation of people with symptoms, the reopening of schools and commercial establishments and the mandatory wearing of masks on public transport are key points in the French...
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