Market News
Distillation support is available again
The Ministry of Agriculture (AM) provides distillation support to wineries with a budget of 1.5 billion HUF as part of the harvest preparation, Minister of Agriculture Nagy István said. According...
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Nagy István: we facilitate generational change in agriculture
During the autumn legislative period, the Ministry of Agriculture is preparing a legal regulation that will facilitate the issue of succession, generational change and the transfer of the economy in...
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Ministry of Agriculture must pay the compensation contribution by 15 September
Members of the agricultural damage compensation scheme must pay the compensation contribution by 15 September 2021. The deadline is the deadline for the receipt of the consent to the account...
Read moreThe unemployment rate in the OECD fell in July
The unemployment rate in the 37 member states of the Organization for Economic Co-operation and Development (OECD) fell to 6.2 percent in July, compared with an average of 6.4 percent...
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Delayed, but this year’s storm season has made up for it – the damage reported to Allianz exceeded HUF 2 billion
Between May 1 and August 31, customers of Allianz Hungária reported damage related to storms in excess of 20,000. Using the experience and technological developments of recent years, the insurer...
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Hungarian seed sector faces new challenges
Increasing competition in the international seed market is expected in the coming decades. The export-oriented domestic sector must also take into account the effects of climate change, he said at...
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41 entries from 38 applicants earned the Value and Quality Grand Prix award in 2021
Sorry, this entry is only available in HU....
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KSH: consumer prices rose by 4.9 percent in August
In August, consumer prices were on average 4.9 percent higher than a year before, and on average, they grew by 0.2 percent on a monthly basis, the Central Statistical Office...
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The foreign trade balance turned into a deficit
In July, the value of exports in euros was 10.0, while imports were 14.7 percent higher than a year before. The foreign trade balance deteriorated by 379 million euros, compared...
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AM: the “Szegedi tükörponty” also received EU protection
With the decree published by the European Commission on Wednesday, the “Szegedi tükörponty” became a protected name in the EU. This is the fourth Hungarian freshwater fish name after the...
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NAV dropped a cigarette smuggled with drones
This year, NAV seized more than ten million forints worth of cigarettes smuggled with drones and drones at the Ukrainian-Hungarian green border. The National Tax and Customs Administration (NAV) told...
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The euro area economy grew better than expected
Economic performance in the euro area grew more than analysts expected in the second quarter, according to a report by Eurostat, the European Union’s statistical office. Eurostat reported as final...
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AstraZeneca and the Hungarian Nephrological Society enter into strategic cooperation
It is estimated that nearly 850 million people worldwide suffer from impaired kidney function and its complications, and all indications are that this will be one of the most threatening...
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Pandemic and logistical trends: digitisation and China’s rise by 2030
COVID-19 has led to significant changes in the logistics sector worldwide. Fluctuating demand, uneven supply, dramatic rise of e-commerce, realignment of logistics needs. Industry 4.0 and 5G. How does this...
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Hungarians spend more in shopping malls
Data-based marketing consultancy Marketing Resolution and Westend have assessed people’s views on shopping malls and changes in their visitation and spending habits over the past year. The data shows that...
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Furniture store found a home in stately showroom
What makes a furniture store more than a series of chairs and tables on display? According to Dublino, the recipe requires a good amount of professionalism, many years of experience...
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Metropolitan students’ startup idea could say goodbye to thermal paper blocks
A team of Metropolitan students also made it into the top ten projects in Hungary’s first higher education startup course. A solution invented under the Hungarian Startup University Program (HSUP)...
Read moreThe Chamber of Agriculture considers a 95 percemt share of domestic pork to be desirable in retail
The National Chamber of Agriculture (NAK) would consider it an example to follow and it would be beneficial for both the actors of the food chain and consumers to sell...
Read moreHungarian plums are grown on 6,400 hectares
The fact that 2021 will not be a favorite year for fruit growers was already known in the spring, when an unusually cold and cloudy period came after the mild...
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Farkas Sándor: investing sentiment in animal husbandry is growing
Thanks to the targeted subsidies, the willingness to invest in animal husbandry will increase, the parliamentary secretary of state of the Ministry of Agriculture said in Kistelek on Tuesday, at...
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Let’s Eat for Each Other – The Food Bank’s anniversary fundraising program has been launched
In September, the fundraising program of the Hungarian Food Bank Association’s Eat for Each Other was launched for the 10th time, for which restaurants and staff communities are invited to...
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Nagy István: agriculture has to face several challenges
Agriculture today has to respond to several challenges, including the consequences of global climate change, the creation of conditions for efficient food production and the sustainable use of natural resources...
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(HU) Európában az elektronikus fizetést részesítik előnyben és alig várják a világjárvány végét
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Read moreRetail sales increased by 5.5 percent in the Czech Republic
In July, the year-on-year increase in retail sales in the Czech Republic slowed to 5.5 percent, according to calendar-adjusted data, the Czech Statistical Office said in Prague on Tuesday. At...
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Sentix’s eurozone investor sentiment index deteriorated further
For the second month in a row in September, the Sentix Frankfurt Economic Research Institute’s euro area investor sentiment index deteriorated as another sign that economic growth has turned from...
Read moreChinese export growth has accelerated
Instead of the expected slowdown, Chinese export growth accelerated in August, continuing the recovery from the coronavirus pandemic. The Chinese customs service on Tuesday said the dollar-denominated value of exports...
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This is how Generation X prepares for retirement: impoverishment and disease are most feared
Barely half of the hungarian population in their 40s and 50s have savings for old age, while nearly 80% are almost certain that their pension will not be enough to...
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Hungary is not expected to meet the time-proportional reduction in CO2 emissions by 2030
The EU has set itself a binding target of achieving climate neutrality by 2050 as part of the European Green Deal with the European Climate Regulation. This requires a significant...
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Companies are already preparing to avoid climate risks
Egyre több vállalat foglalkozik az éghajlatváltozás hatásaival, azonban az erről szóló beszámolók még mindig nem elég részletesek – állapítja meg az EY legfrissebb klímakockázati barométere, ami 42 országból több mint...
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Losers also hit by retail special tax
There are several retail sectors where companies have suffered, on average, a significant drop in both their revenues and profits as a result of the pandemic situation, yet they are...
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