Market News
A crisis task work group was set up at the Seed Association
The Coronavirus Task Work Group was set up by the Seed Association Interprofessional Organization and Product Board. The purpose of this measure is to collect and transfer as much information...
Read more6,500 kilograms of illegal tobacco wasseized by NAV
About 6,500 kilograms of unlicensed tobacco was seized by the Hajdú-Bihar County Tax and Customs Directorate of the National Tax and Customs Administration (NAV) in Debrecen – the Hajdú-Bihar County...
Read moreGerman business sentiment declined significantly
The business climate in Germany collapsed in March, according to the second final monthly survey of the Ifo Economic Research Institute at the University of Munich. In the final March...
Read moreLondon analysts expect deep recession
According to recent macroeconomic analysts in London, a recession similar to the global financial crisis of 2008-2009, or much deeper, is expected this year due to the economic impact of...
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Magazine: They deliver flavour and give something extra
The category of wet condiments and dressings consists of several different types of products –and each has a different level of seasonality. According to Anita Plánk, Unilever Magyarország Kft.’s ideation...
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NAK: Don’t accumulate! There will be enough food in Hungary!
Hungary is an agri-industrial country, a serious exporter, and our country’s self-sufficiency is about 120 percent of its basic food. In the current emergency, this has a particular importance: the...
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The limit for touchless payments without a PIN is raised to fifteen thousand forints
Up to 5,000 to 15,000 HUF for touch pay card purchases allowed without a PIN from April 15, with an estimated 90 percent of purchases without having to touch the...
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NAK: Which food companies can be key companies
A 2012. CLXVI. Act includes the 65/2013 Enforcement Order , which spells out in a systems, and facilities. From an agricultural point of view, the Implementing Regulation 540/2013 regulates which...
Read moreDuring the coronavirus pandemic it is safe to shop online
Ecommerce Hungary members, along with several courier companies, have introduced strict hygiene measures. The organization recommends expanding the scope for online commerce. Since the outbreak of the virus, over one...
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So bank on an outbreak – Ten points from Erste Bank
In the current situation, it is especially important to limit personal contact, to comply with hygiene rules and recommendations – whether it is shopping or daily finances. If possible, manage...
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EY: Various tax incentives help businesses survive worldwide
Due to the constraints of the current social and economic situation, many businesses worldwide are in extremely difficult financial circumstances. National governments have also come to the aid of companies...
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More than 800 million people have no access to drinking water
If we consume world water at our current rate, we will use 20-30 percent more water by 2050 than 2016 levels – profitline.hu wrote. According to the United Nations’ World...
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(HU) Fogyasztóvédelmi referensek jó gyakorlatait mutatta be a FORE
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Read moreFAO: Food safety is everyone’s business
Without universal access to safe food, the 2030 Agenda will be impossible to reach. Already, an estimated 600 million people each year fall sick from eating food contaminated with bacteria,...
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Less pigs and more poultry were slaughtered in Hungarian slaughterhouses last year
About 2 percent less pigs and nearly 2 percent more poultry were slaughtered in Hungarian slaughterhouses last year, while cattle slaughter remained virtually unchanged, according to a report published on...
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This is how Ecommerce Hungary informs you about the measures related to the outbreak
Ecommerce Hungary, a professional association strives to assist companies interested in online commerce, and provides credible information on measures to prevent the spread of the epidemic. In addition, they are...
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The amount spent on the purchase of agricultural machinery increased last year
Businesses spent more than 180 billion USD worth on new farm equipment last year, up 3 percent on the previous year, and spent 7 percent more on components in the...
Read moreDeloitte: That is how the world’s factories protecting themselves from the effects of the corona virus
The drastic measures (quarantine, border lock, curfew, etc.) introduced worldwide due to the coronavirus epidemic have put the manufacturing sector in the affected countries in a difficult situation. Several plants...
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Coronavirus eating guide – the most important nutritional issues on infographics
Due to the restrictions caused by the coronavirus, people are shopping different foods dramatically. At the initiative of the Daily Nutrition Blog, nutritionists, as well as organizations, came together to...
Read moreIfo expects 500 billion euros loss in Germany
The coronavirus crisis could cost the economy about 500 billion euros and lead to the loss of more than one million jobs, according to an analysis by the Ifo Economic...
Read moreFidelity Mood Survey China is among the first to recover from the epidemic
Chinese companies have a very good chance of getting the earliest and smallest losses out of the global coronavirus, according to answers to a pulse poll conducted by Fidelity International...
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GKI economic sentiment index hardly declined in the first half of March
Surprisingly, the GKI economic sentiment index dropped hardly in March, business expecta-tions worsened slightly, and consumer ones remained unchanged. This is obviously due to the fact that the survey, conducted...
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Magazine: So many colours to choose from
According to Bianka Tóth-Perge, trade marketing manager of L’Oréal Magyarország Kft., sales in the hair colour and hair dye category grew by 4.3 per cent until October 2019, but the...
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(HU) Már a csoportos fázisban vagyunk, avagy laposodik a görbe
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IT: dealers selling daily consumer goods can more easily switch to home delivery
Out-of-shop trading and mail order trading in the event of an emergency can be carried out without notification and registration if the trader markets daily consumer goods or restaurant food...
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Panaceas against the coronavirus?
In the current situation, many are seeking a panacea to protect themselves and their families from the disease. Utilizing this, many businesses are promoting products that provide effective protection against...
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The MNB calls on the participants of the financial system to raise the threshold for credit card payments
The National Bank of Hungary (MNB) calls on banks and card companies to raise the 5,000-HUF limit for the mandatory use of touch-code card payments to 15,000 forints in order...
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Nitrogen plants: there will be enough fertilizer
There is no need to fear a shortage of fertilizers as the market is stable despite the epidemiological situation and various rumors – Nitrogénművek Zrt announced. Rácz Zoltán stated in...
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Save water for a cleaner household
Unless otherwise, the World Water Day will remind us of the Earth’s basic resource we use every day, and humanity would not be without it. An average Hungarian consumes nearly...
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Magazine: Ham prices getting fatter
Pork has undergone an eventful period recently. Last year the swine fever epidemic started in China, as a result of which China’s pig stock reduced by 40 per cent and...
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