Market News
This year’s Black Friday may be weaker
The Black Friday period – which can be several weeks for most traders – may pose new challenges for traders this year due to the long-term effects of the coronavirus...
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On the first day, 107,000 producers received an area-based advance payment
On the first day of the advance payment, about 73 billion forints of area-based support (SAPS support) was given to 107 thousand producers, and on Tuesday more than 3,000 dairy...
Read moreChina’s retail and industry have strengthened
Chinese industry continued to slow at a faster pace than expected, while retail sales growth strengthened in September, exceeding analysts’ forecasts. Industrial production rose 3.1 percent year-on-year in September, according...
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IBS will build a joint platform with 30 NGOs from 5 October
They question the compulsive profit increase; they teach critical thinking; and the potential introduction of the 4-day working week will also prepare students for the IBS in Budapest, celebrating its...
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Achieving climate goals will also be a major task for the EU
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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Generali’s foundation announces free post-Covid screening test for businesses
The topic of employee health promotion has been appreciated in the last 1.5 years, dominated by the coronavirus pandemic, both in the eyes of employers and employees. Whether it’s prevention...
Read moreThe payment of subsidies to help milk production will begin in October
In view of the situation on the feed market, the Ministry of Agriculture (AM) took measures to pay the 30 billion HUF targeted support to the dairy sector as soon...
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Hungarian truffles are exported
Most of the truffles found or grown in Hungary still go abroad, although it seems that the interest in the specialty is slowly growing at home. This trend can already...
Read moreConsumer sentiment deteriorated in October in the United States
Consumer sentiment deteriorated somewhat in the U.S. in October, according to a survey by the University of Michigan, while experts expected an improvement. According to a preliminary assessment of the...
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New small shops will be opened in 121 settlements through the Hungarian Village Program
Thanks to the Hungarian village (Magyar falu) program, a small shop will be opened in 121 settlements where it has not been in recent years and decades, the government commissioner...
Read moreMinister of Agriculture: irrigation is a public interest
By significantly increasing rural development resources, we encourage farmers to implement technological developments that allow them to adapt flexibly to the challenges caused by insufficient rainfall, Minister of Agriculture Nagy...
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This year’s Somló Juhfark Festival will be held on Saturday
The 6th Somló Juhfark Festival, takes place in the Tornai Winery in Somló with the participation of seventeen local wineries on Saturday. Somló’s unique volcanic terroir, which is unique in...
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Global e-commerce market to expand by one trillion by 2025
E-commerce has been the fastest-growing channel over the last decade, with the crisis accelerating such shifts. Euromonitor International projects that half of the absolute value growth for the global retail sector over...
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Black Friday 2021: we’re spending less this year and we’re also spending on DIY
Sorry, this entry is only available in HU....
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The most common misconceptions about online security
There are quite startling misconceptions about cyberattacks among a wide range of users. Without exaggeration, some of them are naïve opinions without foundation. Based on the feedback received, four of...
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Magazine: E-commerce: Everything is about pleasing customers
The pandemic accelerated the development of e-commerce. In part because masses of new customers turned up in the online channel, and also because those who had already been shopping online...
Read moreKSH: the rise in agricultural producer prices accelerated further
In August, the rise in agricultural purchase prices accelerated for the fourth month in a row, from 21.3 percent in July to 24.1 percent. The rise was driven by plant...
Read moreMinistry of Agriculture should increase Hungarian agricultural exports
Hungarian agricultural and food exports need to be increased, which requires both traditional and new markets, the Deputy State Secretary for International Relations of the Ministry of Agriculture said in...
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Organic farmers receive higher support
In the case of the call for proposals related to organic farming announced in 2018, the amount of support for the more than 2,000 farmers participating in the program will...
Read moreInflation at nearly 30-year highs in in Germany
Consumer prices also rose in Germany in September, reaching their highest level since December 1993. The German Federal Statistical Office (Destatis) said on Wednesday that consumer prices rose 4.1 percent...
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Fabulous gift for Kifli.hu customers
Kifli.hu has also joined the Hungarian Product Month programme: between 11 and 24 August every Hungarian Product trademark bearing product participated in the online retailer’s promotion campaign (from those available...
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Climate change could wash away the profits of polluting domestic animals
The profits of hungarian air polluting companies may evaporate due to the seemingly unstoppable price increase in carbon quotas, EY points out. For sustainable operation, it is crucial that companies...
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The competition industry pays attention to Hungary for three days
Today, the Conference of the International Competition Network (ICN), a grouping of the world’s competition authorities, will be presented, which will be hosted in virtual form this year by the...
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Investing in the future – how can we get young people to self-care?
Sorry, this entry is only available in HU....
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Magazine: Food below zero
2020 was a tough year for frozen food manufacturers. The outbreak of the pandemic upset the balance in the ingredient, product use, retail channel and other fields, so market players...
Read moreAt the initiative of Hungary, the origin marking regulations for honey mixtures may be tightened
Efforts over the past two years have paid off, with the European Commission pledging to review the origin marking requirement for honey mixtures at Monday’s EU Agriculture and Fisheries Council,...
Read moreMinistry of Agriculture: pig farmers to be in trouble
Along with several member states, Hungary has called on the European Commission to use its mandate and take immediate market measures to prevent the crisis in pig farmers from deepening...
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A new measure has been introduced for responsible nutrient management
Biomass has an important role to play in preserving the nutrient content of soils, which must be kept in mind when using waste and residues from agricultural areas, Juhász Anikó,...
Read moreZEW’s German economic sentiment index in October has been the lowest since the low point of last year’s crisis
The German economic sentiment index of the ZEW Economic Research Institute deteriorated further than market expectations in October and reached its lowest level since the low point of last year’s...
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Sushi and ice cream are also transported by Israeli drones during a test
Sushi, ice cream and blood products will also be transported by air in Israel during testing of a system to control the traffic of commercial and medical drones, the news...
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