Market News

More eco-friendly fabric softeners

Henkel Magyarország Kft.’s junior brand manager Csilla Pásztor told our magazine that fabric softener sales increased by 6 percent in value in 2019. Drugstore and discount supermarkets were the engines...

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Does Globus redefine the showroom store concept?

Globus has realised that a shop where only canned vegetables are displayed isn’t likely to succeed, so the company also wants to show customers how these products can be prepared....

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Magazine: The health trend is here to stay

The Hungarian deep-freezing and canning industry’s contribution to the nation’s food industry output is approximately 10 percent, with a production value of HUF 170-190 billion. However, the sector’s share in...

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(HU) Szokatlan de hatékony praktika, hogy elkötelezett munkaerőt találjon

Cím:     Lead: Egy HR-praktika, ami segít bevonzani az elkötelezett munkaerőt, alkalmas brandépítésre, javít a munkahelyi légkörön, és nem is kerül sokba. De vajon miért pont a Magyar Kerékpárosklub...

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EU support for agriculture should also be provided during the transitional period

Farmers should continue to receive their subsidies after the current Common Agricultural Policy (CAP) expires at the end of this year – Nagy István Minister of Agriculture head of the...

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Top 4 + 1 Trends in the Physical Labor Market 2020

From an HR perspective, it is probably the most exciting time of the decade. The domestic analysis of Work Force Kft. and its foreign outlook suggest that in 2020, labor...

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Price drop in the e-cigarette refill market

An amendment to the law, which will take effect on March 1 this year, will reduce excise duty on nicotine refill liquors, resulting in lower prices for nicotine refill liquors...

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Nébih called back a biscuit of Russian origin

Due to the glycidyl-ester content above the limit, a biscuit of Russian origin was recalled from Hungary. The National Food Chain Safety Authority (Nébih) is asking those who have purchased...

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Instead of improving, business sentiment in Germany deteriorated in January

Despite the more favorable current environment, the business sentiment index in Germany dropped in January due to a deterioration in the outlook rather than expected improvement – according to a...

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The performance of the euro area private sector remained depressed in January

Eurozone private sector performance has been depressed in January, but there are signs that it has surpassed the worst, as revealed by preliminary Purchasing Manager Indexes for IHS Markit’s London-based...

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GKI’s economic sentiment index started the year with a slight decrease

To a lesser extent than in December, the GKI economic sentiment index continued to decline in January, reaching its lowest level for more than three years. The current contraction is...

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Magazine: Hungarian Grain and Seed Association: Great potential in making organic products

According to Zsófia Pótsa, general secretary of the Hungarian Grain and Seed Association (MGTKSZ), the annual gross production value of the Hungarian milling industry is HUF 97-99 billion. Per capita...

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Last year, AM supported farmers with about 800 billion HUF

Agriculture and rural development subsidies contributed about 800 billion HUF to the sustainable production of Hungarian farmers in 2019 – the Ministry of Agriculture (MTI) announced on Friday. According to...

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Nagy István: the number of producer markets increased by two and a half times

Thanks to government subsidies, the number of local producer markets has increased by two and a half times between 2012 and 2019, from 117 to 298 – the Minister of...

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ÁSZ: the integrity of agricultural schools needs to be strengthened

The integrity of agricultural schools, ie their protection against corruption, should be strengthened, according to the State Audit Office (ÁSZ), whose audits have uncovered a series of irregularities in the...

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MFB launches three new loan programs for SMEs

The Hungarian Development Bank (MFB) Zrt. announces three new loan programs for Hungarian small and medium-sized enterprises – Sipos-Tompa Levente, President and CEO of MFB Zrt. announced at a press...

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Nébih has produced guidelines for the control of bovine tuberculosis

The Nébih has prepared guidelines for controlling bovine tuberculosis. The guidelines are now available on the agency’s website. The development of the guides was justified by the fact that while...

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Consumer confidence in the euro area did not change in January

Consumers’ confidence in the euro area and in the European Union remained unchanged in January -according to a survey by the European Commission’s Directorate-General for Economic and Financial Affairs (DG...

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Hungary on Two Wheels will continue

Two young influencers (Szabina Emmer – Blogozine and Palkó Görbe – Serpenyővirtuóz) spent 13 days cycling around Hungary, visiting 13 Hungarian Product trademark users. ‘Hungary on Two Wheels’ aimed at...

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Magazine: Stable raw milk prices, worsening sales results

Zoltán Harcz, managing director of the Dairy Board informed that in comparison with the average of 2010-2011 (1,906 million litres), Hungary’s milk production increased by 15 percent to (1,653 million...

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Analysts at the Savings Bank raised their GDP forecast for this year

Due to easing external risks and strong FDI inflows, Savings Bank analysts have raised their GDP growth forecast from 3.7 percent to 4 percent this year, and expect 3.5 percent...

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The Milk Product Board launched a school campaign

The Milk Product Board has launched a campaign to promote milk consumption in nearly 100 primary schools – the organization announced on Thursday. The “We’ve Got Milk at Home” campaign...

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Domestic onion growers have joined forces to continuously have Hungarian onions on the market

Hungarian onion production has fallen significantly since the change of regime, and with the help of the National Chamber of Agriculture, producers are working together to supply domestic onions to...

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A cooperation agreement has been concluded between the Savings Bank and FruitVeb

The Savings Bank and the Hungarian Fruit and Vegetable Interprofessional Organization and Product Board (FruitVeB) have signed a cooperation agreement at the AgroMash Expo, not only on exchanging information and...

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Employment Service: the number of job seekers has reduced on an annual basis

The number of jobseekers decreased by 2.9 percent in December 2019, compared to the same period of last year. At the end of December, 234,900 jobseekers were registered at the...

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The European Court of Auditors is an effective but not flawed EU SME program

The EU SME support program is effective and innovative progrma but has problems – the European Court of Auditors’ Special Report on the Instrument to support small and medium-sized enterprises...

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Mastercard and the International Ski Association work on the sustainability of winter sports

With the help of a payment technology firm, Kitzbühel, home to the Hahnenkamm competition, will be completely cash-free, and experts say that in the next five years, many ski paradises...

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Trade marketing in 10 years from now

Once again it was in the building of the Budapest Chamber of Commerce and Industry where the year’s last Trade Marketing Club meeting took place in November. One of the...

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Poultry should be kept indoors throughout the country

The national chief veterinarian has ordered poultry to be kept indoors throughout Hungary in order to further reduce the chance of contact with wild birds and thus the risk of...

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Beekeeping Association: agriculture will collapse without beekeepers

Without beekeepers, agriculture will collapse, so the European Union must provide them fair market conditions – the president of the National Hungarian Beekeeping Association told M1 news channel on Wednesday....

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