Market News

Thirteen thousand children received a gift package from the Food Bank

Thirteen thousand needy children received a gift package during the holidays at the charity program of the Hungarian Food Bank Association – the organizers told MTI. According to the announcement,...

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Last year the sales of electric cars in Hungary increased by more than 40 percent

Last year, dealers sold 1,803 new electric cars in Hungary, which is a record. It is a 41 percent increase over the same period of last year. The majority of...

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Souvenirs depicting the princely couple have been discounted

British shopkeepers have responded with an unprecedented drop in prices to make sure Prince Harry and Meghan Markle break the royal court almost permanently and begin to become independent, thus...

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Hair nourishing at the highest level

According to a survey made by L’Oréal Magyarország, sales in the hair care category augmented by 3.7 percent in value but dropped 4.4 percent in volume in 2019. The company...

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Magazine: The whole world in a mug

According to the Food and Agriculture Organisation (FAO) of the United Nations, global tea production and consumption will grow in the next 10 years. Csilla Solti, commercial manager of Mediline...

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Domestic mineral water and soft drink manufacturers are launching a plastic recycling revolution

The Hungarian mineral water and soft drink manufacturers were the first of the Hungarian food production sectors to make sustainability commitments. The Members of the Hungarian Mineral Water, Fruit Juice...

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New resources can help modernize livestock farms

By the end of March, the Ministry of Agriculture will reopen its rural development program tenders to support the modernization of livestock farms, and the ministry expects the measure to...

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About a hundred wineries can be found on the website of Hungarian Wine

The data of about a hundred wineries can be found on the official website of the Hungarian Wine (bor.hu), which started in December – the wine marketing expert of the...

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ZEW’s economic sentiment in Germany and the euro area improved significantly in January

Unexpectedly, investor sentiment in Germany and the euro area has improved dramatically, far from expectations, according to a survey released Tuesday by the ZEW Economic Research Institute in Mannheim. The...

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The EU Trade Commissioner said that trade relations between Washington and the European Union could be resumed

Trade relations between Washington and the European Union can be restarted – Phil Hogan, European Union (EU) Trade Commissioner said in Washington, to reporters. Phil Hogan said at a press...

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Online retail sales in Germany reached another peak

Internet and mail order retail sales in Germany reached another peak and reached close to 100 billion euros last year, according to a report released on Tuesday by the BEVH...

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US pork exports to China could accelerate

Just one day after the US and China signed the first-round trade agreement, the US Department of Agriculture released a report that said US farmers could benefit particularly from the...

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Half a million children receive fresh vegetables, fruits and dairy products in school programs this year

Hundreds of thousands of children will receive fresh vegetables, fruits and dairy products through school milk, school fruit and school vegetables programs. The government will spend a total of 7.81...

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Bisnode: the number of Hungarian companies reduced further last year

More than 5 percent more companies were founded and 3.6 percent fewer companies were lost last year, but that was not enough to reverse the decline in the number of...

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There is a growing demand for homemade pálinka

Initiatives to produce certain quantities of concentrated beverages exempt from tax could be on the agenda again in the relevant forums of the European Union – Tállai András, Minister of...

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Profession.hu: the number of job applicants has increased

According to the summary statistics of the Profession.hu job portal from its own database, the number of applicants for professional work increased the most last year. Profession.hu said in a...

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According to MNB, fuel prices increased inflation

Várhegyi Judit (MNB)  explained high inflation in December with the low base effect of fuel prices a year before. According to a report released by the Central Statistical Office (KSH)...

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The IMF has further worsened its global economic outlook

The IMF has further downgraded its forecast for global growth this year and next year, and revised downwards its GDP growth estimate for 2019, as revised by the International Monetary...

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Dutch agricultural exports set a record thanks to increased sales of flowers and pork

According to data from the Dutch Central Statistics Office and the Wageningen Economic Research Center, agricultural exports in the Netherlands set a new record last year, growing by 4.6 percent...

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Are remote workers actually working?

When it comes to answering the question “Are remote workers actually working?” it’s easy to hear some skepticism behind the text. “Working from home” often comes with its own set...

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Magazine: Growing water consumption, dropping waste production

In 2018 the mineral water segment sold 1,260 million litres of bottled mineral water, which represents more than 50 percent of total non-alcoholic drink sales. According to Istvánné Bikfalvi, secretary...

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Trade magazin announces another competition – for a more sustainable future!

Who, what products, services or companies could be the symbols of sustainability in 2020? compete on Your own behalf, or by recommending a colleague or acquaintance if you have done...

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The Milk Product Board has launched its school education road show again

With the name ‘We’ve got milk at home’, the Milk Product Board launched its school education campaign to promote the consumption of milk and to show the positive physiological effects...

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Nielsen: sales of slimming products jumps in January

Sales of slimming products jumped by two digits in January: from December 2018 to January 2019, sales increased nearly 50 percent and 30+ percent, according to Nielsen’s scanned database of...

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SMEs expect export growth

More than half of European SMEs engaged in export business expect more turnover. Nearly third of them expect employment growth and one in two expect an increase in market share....

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AM: generation change in agriculture may give a new impetus

The Ministry of Agriculture (AM) would encourage young farmers to take a more active role, partly through the vocational school network of the ministry and through support from the Rural...

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Half a million children receive fresh vegetables, fruits and dairy products in school programs this year

Hundreds of thousands of children receive fresh vegetables, fruits and dairy products through the School Milk and School Fruit and School Vegetable programs, which the government spends a total of...

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Euro area inflation reached a six-month high in December

In December, euro area inflation reached a six-month high, according to a Friday publication by Eurostat, the EU’s statistical office. According to Eurostat’s final figures, the annual consumer price increase...

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Consumer sentiment in the United States deteriorated slightly in January

Consumer sentiment in the United States slightly worsened in January, according to a standard monthly survey by the University of Michigan. According to preliminary data released on Friday, the consumer...

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Record quantities of counterfeit cigarettes were seized by the Belgian customs authorities

126 million counterfeit cigarettes have been seized by the Belgian customs authorities in Antwerp since the beginning of the year – the Belgian customs authorities announced on Friday. According to...

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