Market News
Budapest reopens in two weeks
On his Facebook page, Prime Minister Orbán Viktor announced the decision to reopen Budapest, after thorough discussions with epidemiological experts – portfolio.hu wrote. According to him, we have won the...
Read moreCsányi Sándor: agriculture is one of the most stable sectors of the national economy
The coronavirus crisis highlighted the importance of agriculture, proving that it is one of the most stable sectors of the national economy, and the stability of food supply in the...
Read more
Car small markets
Thanks to the government’s supportive strategy, the number of local producer markets increased almost one and a half times between 2012 and 2019, from 117 to 298 – hirtv.hu wrotes....
Read more
This is how seasonal workers from abroad can work in agriculture
A police decision has been issued on the conditions of entry and exit of seasonal agricultural workers to Hungary, as well as on the rules of their stay and quarantine...
Read moreUnprecedented Drought
Year after year, the droughts of early spring, such as this year, are becoming more and more common in Hungary, which certainly seriously endanger arable crops – agrarszektor.hu wrote. If...
Read more
What to do if someone is unable to pay personal income tax
May 20 is the deadline for reviewing, supplementing and correcting the draft personal income tax prepared by the tax authority. One of the typical reasons for deviations from the return...
Read moreThe pandemic may bring a slowdown in globalization
The coronavirus could bring the fundamental transformation of global trade and a regression of globalization, according to economists interviewed by CNBC – portfolio.hu wrote. The Economist Intelligence Unit (EIU) in...
Read more
Eurozone and EU GDP fell by record levels in the first quarter
Compared to the previous quarter, euro area and EU gross domestic product fell by the largest amount ever recorded in the first quarter, according to a preliminary report by Eurostat,...
Read more
Unilever enlarges its Nyírbátor factory
Unilever Magyarország Kft. is making its household chemical product factory in Nyírbátor about one third bigger. The project has a nearly HUF 15-billion budget and this sum will cover building...
Read more
Trade magazin becomes Excellent Product and 5-time Business Superbrand
We are happy to report that from May 2020 Trade magazin isn’t only a Hungarian Product but also an Excellent Product trademark user, and it has earned the Business Superbrands...
Read more
New presidency for the Hungarian Marketing Association
On 13 May the Hungarian Marketing Association (MMSZ) held an online general meeting. The members voted with yes to a bigger, 16-member presidency as of June. MMSZ has nearly 200...
Read more
Kifli.hu arrives in the Lake Balaton region
Kifli.hu now also serves customers in the Lake Balaton region. The online supermarket offers same day delivery to shoppers’ homes…or to the beach! Shoppers in Szántód, Zamárdi, Siófok, Balatonvilágos, Balatonakarattya,...
Read more
COVID generation: has the tension between young and old increased
Recently, Levente Székely’s book Gray Swans was published, in which the professional leader of the large-scale Hungarian youth research – based on the results of the research series – writes...
Read more
K&H for sustainable agriculture grant winners announced
Within the framework of the ‘K&H for sustainable agriculture’ grant programme, young agri-experts were studying the circular economy and the chances for mitigating the effects of climate change. Students could...
Read more
COVID-19 affected Henkel’s first quarter
Henkel’s results were influenced by the coronavirus pandemic in the 1st quarter of 2020. The group’s sales revenue dropped 0.8 percent to EUR 4.9 billion; organic sales were down 0.9...
Read more
New Hell campaign with Bruce Willis
In mid-May Hell Energy launched a 50-country advertising campaign featuring Bruce Willis. The Hollywood star will be the brand’s face for another two years. In the new commercial he not...
Read more
Magazine: Sales growth in the pet food market
Pet food sales developed by two-digit numbers last year. Dániel Nagy, customer marketing expert of Mars Magyarország Értékesítő Bt. told our magazine that sales are growing month by month, without...
Read more
Szamos: Success story from around the kitchen table
Nearly 100 years of traditions, 500 employees and 22 confectioneries: Szamos is a family enterprise where the 2nd and the 3rd generations work in close cooperation. Our magazine interviewed Gabriella...
Read more
Double-digit sales growth for grocery stores in March
In March 2020 like-for-like retail volume sales grew by 4.4 percent; adjusted for calendar effects, the sales growth was 3.5 percent – reported the Central Statistical Office (KSH). Food and...
Read more
Food prices grew further in April
Consumer prices were 2.4 percent higher in April 2020 than in April 2019. Food prices grew by 8.7 percent. Pork’s price augmented the most, by 28.9 percent. The price of...
Read more
Plastic packaging: About the main culprit from the trade’s perspective
Basically no day goes by without an article about the negative environmental impact of plastics. At the same time, the opinion of the packaging trade is hardly publicised about this....
Read more
AM: Hungary requests the introduction of exceptional EU support measures in the poultry, pig and dairy sectors
At a video conference of EU agriculture ministers on Wednesday, Hungary requested the introduction of additional EU support measures to address the crisis situation caused by the coronavirus epidemic in...
Read more
Because of the coronavirus, we eat more fruits and vegetables
People consume more fruit and vegetables, but also less ready meals, amid restrictions imposed by the coronavirus pandemic, the University of Antwerp found in its survey carried out in 11...
Read moreGOSZ: wheat prices are rising
Demand in the grain market has pushed up the price of the old crop, while this year’s cereal crop is being negatively affected by water shortages, so interest in the...
Read more
Retail debt continued to grow
According to the MNB’s data, the coronavirus did not discourage borrowing, as the loan portfolio of both households and companies expanded – Privátbankár.hu wrote. Somewhat surprisingly, the retail loan portfolio...
Read more
Meghódítják a gasztrovilágot a génbankból kiszabadított ritka paradicsomok
Borbás Marcsi, Havas Dóra (Lila Füge) gasztroblogger, a Dining Guide Év Ifjú Séftehetsége díj tavalyi győztese, Farkas Richárd és Vajda József pék is kiáll az elfeledett tájfajták mellett. More informations:...
Read more
Two thousand servings of game meat were donated to the staff of the South Pest Central Hospital
Two thousand servings of game meat were donated to the staff of the South Pest Central Hospital, which cares for coronavirus patients. The chilled, ready-to-cook venison products were delivered on...
Read moreCredit insurer: the pandemic causes a brutal wave of bankruptcies in the global economy
Despite rescue packages in individual countries, the number of bankruptcies is growing at a record rate worldwide, among other things, according to Atradius’ credit insurance analysis. According to the study,...
Read more
