Market News

Global initiative tackles marine litter to clean up the world’s oceans

The Food and Agriculture Organization of the United Nations (FAO) has partnered with the International Maritime Organization (IMO) and 30 countries in a major initiative to tackle marine litter and...

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Magazine: Dancing on ice – with new moves

In 2020 both the pandemic and the relatively chilly early summer worked against the ice cream market. Companies needed to take steps if they wanted to increase sales even in...

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Kopint-Tárki expects a GDP growth of 4.5 percent this year

Kopint-Tárki expects faster growth this year than previously forecast: the research institute expects a sharp 4.5 percent increase in gross domestic product (GDP) in its latest economic report released on...

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There may be a shortage of ketchup in the US

Product shortages occored all over the past year, mainly due to the coronavirus pandemic that has affected many sectors around the world. The latest shortage on the U.S. market is...

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AM: strategic collaboration to promote the digitization of food chain security

Another milestone has been reached between the Ministry of Agriculture (AM), the food chain inspectorate and the University of Veterinary Medicine, which aims at the success of Hungarian animal health,...

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Association of logistics operators increased the volume of intermodal transport last year, but not enough

Domestic intermodal freight traffic grew modestly by 1.7 percent last year, but for Hungary in order to meet the agreed climate targets, 50-100 thousand truck traffic per year would have...

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KSH: In 2020, three times as many people worked from home as in the previous ten years

Last year, the proportion of teleworkers or home office workers in Hungary tripled to 8.9 percent on average over the past ten years, to 8.6 percent – the Central Statistical...

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AM: Single applications can be submitted from Wednesday

The single application form was opened on April 7, the procedures used in previous years must be followed during the submission of applications, this year only technical corrections and clarifications...

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The Faculty of Engineering of the University of Szeged can participate in an international food industry project

The Faculty of Engineering of the University of Szeged (SZTE) is the only one in Hungary to participate in the EIT Food Consumer Engagement Labs international food industry project, SZTE...

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Nearly four-fifths of producers plan to start an agricultural tender in the coming years

According to the information of the Ministry of Agriculture in the next two years, the participants of the sector can apply for about 1,500 billion HUF in additional resources for...

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Retail sales in the Czech Republic decreased in February

In February, retail sales in the Czech Republic fell by 3 percent year-on-year – the Czech Statistical Office said in Prague on Wednesday. Turnover decreased in all types of stores...

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IMF mproved this year’s world economic growth forecast

The global economy will gain more momentum than expected by the IMF so far this year, partly as a result of fiscal stimulus and central bank monetary measures, as well...

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Vaccines issues reached 2,5, a slow opening is about to start

The prime minister said the number of people vaccinated against the coronavirus has reached 2.5 million, allowing stores to open and services to resume from Wednesday. Viktor Orbán said in...

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NMHH: thirteen percent decrease in the number of television product appearances

Due to the coronavirus pandemic, the number of television product appearances fell by thirteen percent in the second half of 2020, compared to the same period of 2019, the National...

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The IMF has improved its forecast for the growth of the Hungarian economy this year

The International Monetary Fund (IMF) has improved its forecast for the growth of the Hungarian economy this year in its spring forecast for the world economy. According to a study...

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Institute of Climate Policy: by consciously using food up to 50 thousand forints could be saved a year

In addition to the fact that the average Hungarian family could save up to 50,000 forints a year with conscious, home-based food management, the current waste is also causing a...

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Only 29 percent of Hungarian workers have not had a problem in the past year

29 percent of Hungarian workers had no difficulty in the period since March 2020, 37 percent experienced better and worse periods as a “roller coaster”, while almost 32 percent said...

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EY: half of investors also considers environmental considerations

Nearly half, 49 percent, of investors already consider environmental, social and corporate governance (ESG) considerations in their financial investments – the EY auditor informed MTI on Tuesday of the latest...

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Everything we need to know about oils and fats

Fat or oil? In what should we bake? Why isn’t it enough to filter out used frying oil? Now everything is revealed about oils and fats – from the article...

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Scream and ski from Budweiser

Budweiser is promoting this month’s rollout of its first Utah-themed beer. As part of its “The Beer Utah Swears By” effort, the brewer is giving people a chance to win...

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It is not easy for French snail breeders

Last year was desperate for French snail breeders – magyarmezogazdasag.hu wrote after The Guardian. Due to the coronavirus crisis, the shortage of tourists and the closure of restaurants have already...

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The euro area unemployment rate stagnated in February

In February, instead of the expected decline, the unemployment rate in the euro area remained at the January level, according to a report by the European Union’s statistical office, Eurostat,...

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Magazine: Impacts and trends in 2021

At the ‘I Love Trade Marketing’ online conference of Trade Marketing Club Gábor Tolnai, head of division of Kantar-Hoffmann used the findings of the Kantar Global Business Compass study to...

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Digitalisation doesn’t reduce demand for workforce, instead it increases it

A survey by ManpowerGroup – they interviewed 26,000 workers in 40 countries – has revealed that the coronavirus pandemic speeded up the digitalisation process at 38 percent of companies, and...

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Re-opening is scheduled now

Hungary’s vaccination regimen performs outstandingly in Europe as planned. The vaccination process has not stopped during the holidays, with the number of vaccinated people expected to reach 2.5 million by...

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(HU) Brutális zuhanás a boltokban: összesen mínusz 10%

Sorry, this entry is only available in HU....

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An estimated 20 billion capsules? Yes!

An estimated 20 billion capsules are used worldwide each year, of which about 14 billion are sold by Nespresso. For example, according to an article in The Guardian last year,...

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Nearly half of last year’s foreign food trade surplus was by cereals

Last year, the foreign trade surplus of cereals in Hungary increased by a quarter, 1.412 billion euros, which accounted for 44% of the total foreign trade surplus in food, according...

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AM: sustainable fish farming on Lake Balaton

This year’s fish plantations have also started, more than 3 tons of carp, for example, have already reached Lake Balaton. It is planned that this will be followed by another...

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