Market News
Companies are clearing off their portfolios all over the world
Ersnt and Young’s Global Capital Confidence Barometer survey indicates when executives expect the upturn to begin, and what they’re doing to prepare for it. The Capital Confidence Barometer survey forms...
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Fitch: Coronavirus Shock Broadens
The economic fallout from the coronavirus crisis continues to broaden and deepen but Fitch Ratings’ forecasts are starting to show some signs of stabilisation. Activity levels should start to rise...
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NMHH: number of advertising spots has decreased
Compared to the beginning of March, the number of advertising spots decreased by about ten thousand by the end of the month, the authority’s communications directorate told MTI on Wednesday,...
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KSH: emplyment decreased by 56,000 February-April, compared to the year before
In the three-month period of February-April, the average number of employees was 4 million 436 thousand, 1.2 percent ie56 thousand lower than a year earlier – the Central Statistical Office...
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Walmart joins secondhand resale
Beginning 27. May, Walmart is offering some 750,000 pre-owned women’s and children’s clothing, accessories, footwear and handbags through a new partnership with resale site ThredUp. Free returns can be made...
Read moreFor the third time, Menczer Magyarország is one of the most popular investment locations
For the third time in a row, Hungary was named one of the world’s most popular investment sites by the American magazine Site Selection, and for the third time in...
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Retailers are also supported by the state
The special retail tax, which was reintroduced from May this year, and the opening restrictions on a significant number of stores from mid-March to mid-May have adversely affected many retailers....
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The activities of the GVH in 2019 in a nutshell
On 27 May 2020, the Economic Committee of the Parliament adopted a report on the activities of the Hungarian Competition Authority (GVH) in 2019 and its experiences related to the...
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According to a survey, a third of shoppers spend more than 6,000 HUF on children’s day gifts
32 percent of shoppers spend more than 6,000 forints on children’s day gifts, the most sought-after are outdoor and creative games, books, painters and sports equipment – the Regio Játékkereskedelmi...
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Szerencsejáték Zrt. has taken its strategic cooperation with the Self-Regulatory Advertising Board to a new level
The Szerencsejáték Zrt. and the Self-Regulatory Advertising Board (ÖRT) signed a cooperation agreement, in which they strengthened the cooperation of the last ten years, and at the same time raised...
Read moreFitch: we must prepare for this year’s deeper-than-expected global recession
This year’s global economic recession will be much deeper than previously expected, including the still deepening crisis caused by the coronavirus pandemic in large emerging economies, including Russia, Brazil and...
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Measures are being further eased by the countries of the Western Balkans
The curfew has been lifted in northern Macedonia, and curfews have been eased in Kosovo and borders will soon be opened. In Serbia, the number of identified infections increased from...
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Employment in food supply across EU regions
In 2019, 15.9 million people aged over 15 were employed in the food supply sector in the European Union (EU), representing 8% of total employment. Their role is crucial for...
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Mastercard has changed online shopping habits in Europe and Hungary
Online shopping has surpassed all other forms of spending in the past month: more than a third (35 percent) of Hungarians say they have never bought as much online as...
Read moreThis is how you can order online from retail chains
After the initial shock, the store chains, which also undertake delivery, have recovered: now most stores can be ordered online without restrictions – penzcentrum.hu wrote. Auchan revealed how much capacity...
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In emergency, the government supports donations with special tax exemptions
The already favorable tax rules for donation have been overridden by the coronavirus pandemic. In the current situation, there are even more exemptions and even more discounts. Hungary supports donors...
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HENT: Fake slimming products can cause allergic reactions
More and more counterfeiters are taking advantage of the growing demand for various slimming drugs in late spring, early summer, and even promising life-threatening products to consumers, promising to achieve...
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71 percent of Hungarians bake more at home due to the pandemic
What and how many times did the Hungarians bake in the quarantine? The Pek-Snack online questionnaire, which was conducted in early May, sought answers to this question. Forty-three percent of...
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Infected Polish poultry meat came to Hungary
Poultry products infected with salmonella were spread on the European Union market from Poland – agrarszektor.hu wrote. Recently, the Slovak authorities had to take action on problematic goods, and a...
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The family has lunch together more often in the quarantine
During the coronavirus pandemic, more time is spent on family meals, and in 5 out of 10 households, children also take part in kitchen work, according to a representative study...
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In next year’s budget, protecting the ecomomy will play a key role
On Tuesday, Minister of Finance Mihály Varga handed over the draft law on next year’s budget to László Kövér, Speaker of Parliament. Economic growth will be 4.8 percent, inflation may...
Read moreGerman GDP fell 2.3 percent in the first quarter
Germany’s gross domestic product (GDP) fell 2.3 percent in the first quarter of this year from a year earlier – the federal statistical office (Destatis) announced as final data. Compared...
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Robots for sustainable food production
Belgian and Dutch universities, research institutes, robotics and machine-building companies have launched a project called CIMAT, which aims to create multifunctional and small-scale robots to improve sustainable, local food production...
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A campaign to promote french fries has started in Belgium
Local NGOs in Belgium have launched a campaign to boost the consumption the country’s symbolic french fries in order to save some 750,000 tonnes of potatoes that are at risk...
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According to the new president of the banking association, Hungary may be a winner of the crisis
The current crisis has found the banking sector in a much better position, and Hungary now has a good chance of performing well, said Jelasity Radován, President and CEO of...
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Back to School – plan for all possibilities
Developing strategies and building on insights from the previous year to make forecasts for a reasonably reliable season is risky int he pandemic. Changes are unpredictable, consumer behavior may alter...
Read moreBritish stores may open in mid-June
Shops selling non-essential items could open in Britain in mid-June, the British prime minister announced on Monday. Boris Johnson, sai at the usual daily government press conference at Downing Street...
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Judit Varga: The emergency situation in Hungary is expected to end on June 20
In recent weeks, there has been an unprecedented disinformation campaign against Hungary, both domestically and internationally, in connection with the lex-COVID law and the declaration of a state of emergency,...
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Nigeria has no money to import food
Nigerian President Muhammadu Buhari spoke about the need for Nigerian farmers to produce enough food because the country does not have the money to import food – 444.hu wrote. Photo:...
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