Market News
K&K Magazine: Apply for the 2024 publication of the most successful Hungarian businesses!
K&K Magazin is also publishing its book The Most Successful Hungarian Enterprises this year, which presents the stories of the country’s most outstanding companies. The publication will be published in...
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The harvest starts earlier: we can expect a weaker apple yield in Hungary this year
This year, the harvest can start earlier than ever before in domestic apple orchards, especially in Hungary’s largest growing region, the county of Szabolcs-Szatmár-Bereg, where the purchase of fresh apples...
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The blockade of the port by climate activists protesting against ocean cruise tourism causes hundreds of thousands of euros in damage
The Extinction Rebellion (XR) climate protection group’s blockade against cruise ships in the port city of IJmuiden leading to Amsterdam could cause up to 800,000 euros (315 million forints) of...
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Hungary is also threatened by the appearance of the Japanese beetle, which is native to Asia, as a closed-end pest
The Japanese beetle (Popillia japonica), native to Asia, may also appear in our country. The closed-loop pest is already present in neighboring Slovenia. It can cause enormous damage, especially in...
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Gáborné Pölöskei: in agriculture, it is particularly important to train specialists who respond well to changes
In the field of agriculture, it is particularly important to train specialists who respond well to the changes taking place in the world – said the deputy state secretary responsible...
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The export of live pigs increased by 38 percent
According to KSH data, Hungary’s live pig export increased by 38.7 percent to 14.7 thousand tons in January-May 2024 compared to the amount in January-May 2023. The main partners were...
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MNB: the monetary council did not change the base interest rate
The Monetary Council of the Magyar Nemzeti Bank (MNB) did not change the base interest rate at its meeting on Tuesday, which is unchanged at 6.75 percent, neither did the...
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Sharp Differences In Grocery Shopping Habits Across The Balkans, Study Finds
The annual Mediana TGI Adria survey polled over 17,000 consumers in Slovenia, Croatia, and Serbia has revealed notable differences in grocery shopping patterns among consumers in the three countries. The...
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NAK-FruitVeB: the harvest started earlier in the domestic apple orchards
The harvest can start earlier than ever on domestic apple orchards. In the county of Szabolcs-Szatmár-Bereg, which is Hungary’s largest growing region, some processing plants have already started to purchase...
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Japan’s Suntory Aims For Greater US Canned Cocktail Market Share
Japan’s Suntory Holdings is betting on its spirits expertise to boost its share in the U.S. canned cocktails market, said a senior official from the drinks giant that aims to...
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German retailer Penny invests EUR 35 mln in its fifth warehouse in Romania
German discounter Penny has kicked off construction work on the fifth warehouse in Romania, a project developed in Mihailesti (Giurgiu County, south of Bucharest) involving EUR 35 million of investments,...
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Aldi and Edeka fight for the crown of largest organic grocer
German grocers expand their organic ranges. Discounters and supermarkets alike step up their cooperation with associations for organic farming. Segment leader Alnatura’s introduction of an organic price-entry private label fuels...
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The sow area in Hungary has doubled
We need a common European strategy that can reduce and, in the long term, even eliminate our existing dependence on imports for protein feed, so we need to further increase...
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The producer price of broiler chicken decreased by 17 percent
Based on data from the KSH, Hungary’s poultry meat exports increased by 3 percent to almost 90,000 tons in the first five months of 2024 compared to the same period...
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NGM analysis: Hungarians spend abroad and on online marketplaces
In the first half of 2024, the consumption habits of the Hungarian population underwent significant changes, which were primarily shaped by the inflationary crisis and the war environment. Despite the...
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Most domestic companies already use artificial intelligence
Artificial intelligence significantly increases the competitiveness of domestic companies – this is supported by the latest research of Magyar Termék Nonprofit Kft., which was conducted in August among companies using...
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Shrink inflation continues in Hungarian stores
In the past two months, the packaging of many products in Hungarian stores has again decreased, which further strengthens the phenomenon of shrinking inflation. Between June 25 and August 16,...
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These were the most popular products of the summer
This summer was spent relaxing and having fun, which is also reflected in the best-selling products. According to a recent survey by Arukereső, retro music players, selfie sticks, bicycle accessories,...
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Sándor Czomba: real wages also increased significantly in June, by more than 9 percent
Thanks to persistently low inflation and outstanding wage dynamics, real wages are rising continuously and significantly, stated Sándor Czomba, State Secretary of the Ministry of Economic Affairs (NGM) responsible for...
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The popularity of beer consumption is decreasing in the Czech Republic
In the Czech Republic, the number of people who regularly drink beer is constantly decreasing, according to the latest research of the Czech Academy of Sciences. According to the survey,...
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A price increase is necessary on the domestic egg market for sustainable production
The price of eggs on the domestic market should rise from autumn, as egg production has become unsustainable due to the price reductions of recent months, warns the Association of...
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Spices are getting expensive
Global climate change poses increasingly serious challenges to the growers of tropical plants, which results in a significant increase in the price of the world’s third most expensive spice, cardamom....
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Beef will also face stricter controls from now on
On December 30, the new regulation of the European Union, the EUDR, comes into force, which imposes stricter rules in order to reduce deforestation. The new regulation requires that all...
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The peach harvest doubled in Hungary as well
Despite the weather difficulties, this year brought excellent results in peach production throughout Europe. Peach and nectarine yields increased in almost all regions of the European Union, and significant progress...
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Starting school and consumer protection – let’s consciously buy school supplies too!
With the start of school approaching, not only students and their parents are preparing for the new academic year, but consumer protection is also paying special attention to checking the...
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(HU) Szilva fajtabemutató: a termőhelyválasztás és a szakmai tudás jelentősége a hazai szilvatermesztésben
Sorry, this entry is only available in HU....
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Current requirements for the authorization of preparations that are not classified as plant protection agents
Nébih draws the attention of license holders to the fact that the previous provision on the composition of preparations that are not classified as plant protection agents has been amended....
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LG invests in startups dealing with artificial intelligence and deep technology
LG Electronics (LG) invests in startups specializing in artificial intelligence (AI) and deep technologies. (Enterprises working on deep technologies base their business models on new scientific research results and major...
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Blue planet – The network of domestic school gardens is also extremely successful at the world level
The network of domestic school gardens is also extremely successful at the world level, thanks to which the psychological condition of children can also improve – János Áder talked about...
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Netrisk: Hungarians took out 5 percent more travel insurance this year in the first two months of summer than last year
In the first two months of this year’s main tourist season, Hungarians traveling abroad took out 89,000 travel insurance policies, 5 percent more than a year earlier, the Netrisk insurance...
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