Market News
Retail sales in Romania increased significantly in late February and early March
Retail sales in Romania increased by 37 percent between February 23 and March 15, due to the coronavirus epidemic – the international market research firm Nielsen announced on Friday. Nielsen...
Read moreK&H: You really need to buy consciously now!
According to the National Food Chain Safety Authority, 1.8 million tons of food is landfilled in Hungary every year, which is 68 kilograms per capita. And with the surge of...
Read moreLess wheat can grow this year in Europe
Winter precipitation is now being replaced in most parts of Europe by rain, but there are major differences in soil moisture among the Member States. Bad start leaves its mark...
Read moreMNB: inflation may stabilize around 3 percent
Inflation may fall below 3 percent this year and stabilize at around 3 percent over the longer term – the head of the Economic Forecast and Analysis Directorate said at...
Read moreWe should process more milk into a more valuable dairy product
Cheese, butter, curd, sour cream are a much more valuable product than milk. Instead, we ship liquid milk out of the country to import processed products instead – agrarszektor.hu wrote....
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Blokkk.com: shops of manufactured goods could lose two thirds of the expected revenue
Some commodity stores could lose 1,300-1,400 billion HUF in 2020, two thirds of the expected annual revenue. Calculated today. After all, everyone buys food and toilet paper, maybe socks, not...
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There is no stopping now: the priority of marketing today is to motorize the economy
The environment has changed a lot as well as the economic outlook, and the role and focus of the marketing communications profession has changed a lot in the past two...
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Avian flu has reappeared in Hungary
The National Food Chain Safety Authority (Nebih) confirmed the presence of the H5N8 subtype of avian influenza in a duck farm in Bács-Kiskun County on Wednesday, and veterinary experts have...
Read moreFarmers in the EU can continue to receive agricultural supports as advances
A number of Hungarian proposals have been put forward at a videoconference of the ministers of agriculture to allow advance payments of agricultural subsidies – Feldman Zsolt, Minister of State...
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Finance officers found two hundred million HUF worth counterfeit clothing in two trucks
Almost two hundred million forints worth fake clothes, accessories were found by financial officers in two Polish trucks on the M43 motorway, the National Tax and Customs Administration (NAV) informed...
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The Meat Alliance does not expect supply disruption during Easter
There is no expected supply disruption in the market for Easter smoked meat products, with industry companies offering a wide range, but the products will be available at a higher...
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Local markets are open, but taking precautions has key importance
Local markets play a key role in safe food supply, so their operation is extremely important during the coronavirus epidemic, but it is also important for retailers and buyers to...
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The third largest player in the market has already raised the payment limit without a PIN to 15,000 HUF
The Fizetési Pont, (PayPoint), the third largest player in the POS terminal market, introduced PIN code-free access to its terminals in one day for card purchases under 15,000 HUF –...
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A crisis task work group was set up at the Seed Association
The Coronavirus Task Work Group was set up by the Seed Association Interprofessional Organization and Product Board. The purpose of this measure is to collect and transfer as much information...
Read more6,500 kilograms of illegal tobacco wasseized by NAV
About 6,500 kilograms of unlicensed tobacco was seized by the Hajdú-Bihar County Tax and Customs Directorate of the National Tax and Customs Administration (NAV) in Debrecen – the Hajdú-Bihar County...
Read moreGerman business sentiment declined significantly
The business climate in Germany collapsed in March, according to the second final monthly survey of the Ifo Economic Research Institute at the University of Munich. In the final March...
Read moreLondon analysts expect deep recession
According to recent macroeconomic analysts in London, a recession similar to the global financial crisis of 2008-2009, or much deeper, is expected this year due to the economic impact of...
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Magazine: They deliver flavour and give something extra
The category of wet condiments and dressings consists of several different types of products –and each has a different level of seasonality. According to Anita Plánk, Unilever Magyarország Kft.’s ideation...
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NAK: Don’t accumulate! There will be enough food in Hungary!
Hungary is an agri-industrial country, a serious exporter, and our country’s self-sufficiency is about 120 percent of its basic food. In the current emergency, this has a particular importance: the...
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The limit for touchless payments without a PIN is raised to fifteen thousand forints
Up to 5,000 to 15,000 HUF for touch pay card purchases allowed without a PIN from April 15, with an estimated 90 percent of purchases without having to touch the...
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NAK: Which food companies can be key companies
A 2012. CLXVI. Act includes the 65/2013 Enforcement Order , which spells out in a systems, and facilities. From an agricultural point of view, the Implementing Regulation 540/2013 regulates which...
Read moreDuring the coronavirus pandemic it is safe to shop online
Ecommerce Hungary members, along with several courier companies, have introduced strict hygiene measures. The organization recommends expanding the scope for online commerce. Since the outbreak of the virus, over one...
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So bank on an outbreak – Ten points from Erste Bank
In the current situation, it is especially important to limit personal contact, to comply with hygiene rules and recommendations – whether it is shopping or daily finances. If possible, manage...
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EY: Various tax incentives help businesses survive worldwide
Due to the constraints of the current social and economic situation, many businesses worldwide are in extremely difficult financial circumstances. National governments have also come to the aid of companies...
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More than 800 million people have no access to drinking water
If we consume world water at our current rate, we will use 20-30 percent more water by 2050 than 2016 levels – profitline.hu wrote. According to the United Nations’ World...
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(HU) Fogyasztóvédelmi referensek jó gyakorlatait mutatta be a FORE
Sorry, this entry is only available in HU....
Read moreFAO: Food safety is everyone’s business
Without universal access to safe food, the 2030 Agenda will be impossible to reach. Already, an estimated 600 million people each year fall sick from eating food contaminated with bacteria,...
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Less pigs and more poultry were slaughtered in Hungarian slaughterhouses last year
About 2 percent less pigs and nearly 2 percent more poultry were slaughtered in Hungarian slaughterhouses last year, while cattle slaughter remained virtually unchanged, according to a report published on...
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This is how Ecommerce Hungary informs you about the measures related to the outbreak
Ecommerce Hungary, a professional association strives to assist companies interested in online commerce, and provides credible information on measures to prevent the spread of the epidemic. In addition, they are...
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The amount spent on the purchase of agricultural machinery increased last year
Businesses spent more than 180 billion USD worth on new farm equipment last year, up 3 percent on the previous year, and spent 7 percent more on components in the...
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