Market News
The European Parliament would tighten up the protection of bees
On Wednesday, the European Parliament called for stricter regulation on the protection of bees and other pollinators by the European Commission. The resolution adopted in Strasbourg calls for more targeted...
Read more
The Health Fairy Monsters arrived to the kids
The first story of the Health Fairy Tales series has been published, with tens of thousands of copies were distributed to 50 kindergartens and schools before the holidays with the...
Read moreAbout 700,000 tourists visit Prague in December
About 700,000 tourists booked accomodiations in Prague in December. That’s 4.5 percent more than in December 2018 – the Prague City Tourism (PCT) company announced on Thursday. According to the...
Read more
Hungaricool winners: Top culinary products on the shelves of Interspar stores
In the following we present the 10 winners from the 269 entries in the Hungaricool product innovation competition organised by SPAR with professional support from the Agricultural Marketing Centre. Heart...
Read more
Fisheries organization: plentiful supply of fish, price changes are not expected
The festive fish supply is plentiful as the weather is favorable for farming and consumer prices are unchanged, compared to last year – the spokesman of the Hungarian Aquaculture and...
Read moreNegotiations on the new Common Agricultural Policy will continue in Brussels next year
At the Agriculture and Fisheries Council on Monday, EU agriculture ministers agreed that further negotiations on the details of the new Common Agricultural Policy (CAP) were needed and that an...
Read moreThe price of coffee jumped to heights has not seen for years
Coffee futures quotes have seen an overnight increase since 2015 – origo wrote. However, this is not a big surprise when we consider that commodity prices have increased by 38...
Read more
More than one hundred million forints of fake branded clothes were seized on M43
More than nine thousands of fake branded clothes in a value of over seven million forints were seized by a National Tax and Customs (NAV) authority in a Truck on...
Read more
Angel Shoe Box action sets record for helping Transylvanian needy
This year a record amount of 730 shoe boxes and fifty kilograms of durable foods have been collected by the Three Kings, Three Princess Movements, together with the Hungarian Scout...
Read moreThe Brits also enter the Chinese pork export competition
The Asian country is severely affected by African swine fever, a quarter of the herd has been killed or had to be slaughtered, leading to a surge in pork prices,...
Read more
VR application teaches you how to wash hands properly
Adherence to hand hygiene rules can reduce nursing and school absenteeism by half, while healthcare-associated infections can be reduced by up to 70 percent. Virtual technology can help in this...
Read moreIn Germany, business sentiment improved in December
Business sentiment in Germany improved more than expected in December, according to a study by the Ifo Institute for Economic Research at the University of Munich. The improvement is another...
Read more
Prices in the euro area have risen
Consumer prices in the euro area increased year-on-year in November, in line with analysts’ expectations. Final figures released by the European Union Bureau of Statistics (Eurostat) on Wednesday show that...
Read more
Hungaricool: With product innovation for the development of the food industry
There was extraordinarily great interest in SPAR’s product innovation competition Hungaricool, which was implemented with support from the Agricultural Marketing Centre (AMC). From the 269 entries the 10 winner products...
Read more
We eat apples in winter
Hungary does not need to import apples at all, due to the high quality and high yields of apples – magyarhirlap.hu wrote. In the winter season, apples are favored by...
Read moreSzázadvég: economic growth can be 5 percent this year
The Századvég Economic Researcher expects the Hungarian economy to grow close to or even 5 percent in 2019, one of the highest growth rates among EU countries. Slower growth of...
Read more
Nébih: baking margarines met food safety considerations
Baking margarines are good from a food safety standpoint, but labeling deficiencies have been reported by the National Food Chain Safety Authority (Nébih) in this year’s closing test of the...
Read more
The gap between the richest and poorest EU member state is narrowing but still huge
Slightly reduced but still huge gap between richest (Luxembourg) and the poorest country (Bulgaria), according to a report released last Thursday by the Statistical Office of the European Union (Eurostat)....
Read moreGDP growth of the G20 was 0.7 percent in the third quarter
Similarly to the second quarter, the gross domestic product (GDP) of the G20, which comprises the 19 largest economies and the European Union, grew by 0.7 percent in the third...
Read moreThe international trade union is concerned about the deterioration of profitability in air freight transport
The International Air Transport Association (IATA) fears that profitability in air freight transport will continue to decline in 2020, which will lead to the failure of many companies. Andrew Matters,...
Read moreChinese retail sales increased significantly
In November, retail sales and industrial production in China increased with the highest annual growth of the past five months, according to a report from the Beijing National Bureau of...
Read more
Professional success and major innovations at Auchan
Ildikó Balázs, head of corporate affairs and quality at Auchan was honoured with the Klauzál Gábor Certificate of Honour on Europe’s Day in Commerce. She received the prestigious prize for...
Read more
The busiest season of the year starts in stores
The busiest season of the year will start in stores, with the biggest rush expected between 20-23 December – the MTI surveyed store chains told. Auchan expects sales growth of...
Read more
Turkey Association: turkey meat turnover can grow by 10 percent during the holiday season
According to the Hungarian Turkey Association, the domestic trade of turkey meat will increase by about 10 percent in December compared to the other months of the year, and the...
Read more
The agricultural ministry plans to double fish consumption
Fish consumption in Hungary has increased over the last ten years, but is still far below the EU average – Farkas Sándor, parliamentary Minister of State of the Ministry of...
Read more
Nébih: national inspections on Christmas markets
Authorities across the country are conducting inspections at Advent and Christmas fairs because experience has shown that these are the places where most violations occur – Pleva György, director of...
Read moreOpten: 44 percent more companies were terminated in November than created
With 1,912 company registrations, 1,303 company registrations were liquidated, and 44 percent more were closed i nNovember, according to an analysis by Opten. Pertics Richárd, Opten’s corporate information expert, said...
Read moreThe representation of the Hungarian Export Development Agency in Moscow was opened
The Minister of Foreign Affairs opened a representation of the Hungarian Export Development Agency (HEPA) in Moscow on Friday. It is the job of the Hungarian government to help the...
Read moreRetail sales in the United States grew less than expected
Retail sales in the United States were lower than expected in November, according to a report released Friday by the Department of Commerce’s statistics agency Census Bureau. In November, retail...
Read more
Magazine: More stores can now use the SuperStore logo!
Trade magazin organised the SuperStore competition in 2019 too. It was an important criterion in the store design concept competition that retailers operating an online shop only weren’t eligible for...
Read more