Market News
Nielsen: Covid-19 Concerns Are a Likely Tipping Point for Local Brand Growth
Never mind national pride, opting for locally produced products may fast become a necessity for retailers and consumers concerned about products originating from countries where novel coronavirus (COVID-19) has spread....
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RetailZoom: „Domestic chains continues to soar” – Budapest vs. Countryside
There is a significant difference in how customers conduct their shopping between Budapest stores and ones that fall outside of Budapest. Let’s look at how this materializes in the shops...
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These were the most popular brands in 2019
This year’s SentiOne Social Index 2019 report contains the ranking of the most popular brands and products, based on the Hungarian online content published in 2019, taking into account the...
Read moreGo For It Growth Loan Program
The nhp hajrá (Go For It Growth Loan Program) for micro, small and medium-sized enterprises will be available from Monday – 24.hu wrote. The 1,500 billion HUF fixed-rate funds available...
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CNBC: Farmers could be winners as coffee prices spike and countries hoard during the pandemic
Fears over disruptions to supply chains amid the pandemic have led to some degree of hoarding among countries and consumers that’s given coffee prices a much-needed boost. That’s good news...
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Exceptionally, a sole proprietorship may be suspended for less than one month
According to the information of 24.hu, on the last day of March, sole proprietors stormed the online administration interface, and far more people than usual announced that they would suspend...
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(HU) Chikán Attila: Kegyetlen szelekció megy végbe
Sorry, this entry is only available in HU....
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(HU) Fidelity: A koronavírus hatása szélesebb körben és hosszabban érzékelhető, de a távolban látszanak a talpra állás jelei
It’s been a bout of market volatility that will likely be seared into our memories for a long time. News that the coronavirus had spread beyond China caused a rapid...
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The NAK marketplace has started
Companies suffering a sudden market loss due to the coronavirus pandemic are being helped by the new website of the National Chamber of Agriculture, the NAK Marketplace. The business (B2B)...
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The Csemege cheese of Győr-Moson-Sopron county received EU protection
The European Commission registered the Csemege cheese of Győr-Moson-Sopron County on Monday – the first among the Hungarian cheeses – as a protected geographical indication. The application for EU protection...
Read moreDemand toeard tomato-based products increased significantly
The global panic shopping fever has boosted the retail turnover of processed foods, including tomato products – agrarszektor.hu wrote. Tomato processors are watching demand trends with concern and are just...
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How to manage customer satisfaction in a crisis
It all starts with the resolve to be prepared and stay calm – and having a crisis management plan in place (one that you revisit from time to time). Depending...
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The corn processor donated its own hand sanitizer to the Chamber of Agriculture
The Hungrana Kft. donated more than 1,600 hand-made disinfectants made from medical-grade alcohol to the National Chamber of Agriculture (NAK). Photo: NAK This covers a large amount of the needs...
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More and more countries are loosening on anti-pandemic measures
More and more countries are loosening the strict rules implemented to curb the coronavirus pandemic. Spain In Spain particularly severe restrictions were introduced, as the country was one of the...
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Exemption from water supply contribution for the duration of the emergency
The agricultural sector is exempted from paying the water supply levy for the duration of the pandemiological emergency. This helps farmers in many areas. The relevant government decree entitled “On...
Read moreThe Chinese economy shrinked more than expected in the first quarter
The Chinese economy shrinked more than expected, by 6.8 percent, in the first quarter year-over-year due to widespread restrictions aimed at curbing the new coronavirus pandemic – China’s statistical office...
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The euro area’s foreign trade surplus has increased
The euro area foreign trade surplus increased in February, according to preliminary data released by the European Union’s statistical office (Eurostat) on Monday. In February, euro area product exports, excluding...
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(HU) Már a tömeges fázisban vagyunk, avagy laposodik a görbe
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The GKI consumer confidence index plummeted in April
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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Stores Prepare To Reopen In Post-Virus China
Chinese who are hungry for shopping are now fevered by the reopening of shops – restaurants, luxury stores, shopping malls. The viral situation forced increased “revenge spending” or “consumption hunger”...
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New tax measures have been announced
The government decided on new measures, mainly tax measures, at its last meeting, and these were summarized in the video of Minister of Finance Varga Mihály – portfolio.hu wrote. Gulyás...
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More and more stores are reopening
There is nothing to prohibit the opening of shops selling non-essential items, but it is forbidden to enter such a shop. And that could put 50,000 stores in an impossible...
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Next year, electronic payment insurance is mandatory in addition to the online cashier
From January 2021, merchants using online cash registers will be obliged to provide electronic payment everywhere – portfolio.hu reports on the announcement of Gulyás Gergely, Minister in charge of the...
Read moreThrough acquisitions, companies are preparing to restore normal business operations
Most companies expect an economic recovery from the crisis caused by the health emergency next year, according to EY’s latest global survey of 2,900 senior executives. Companies will therefore not...
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The drive-in small market is popular
The idea of a drive-in small market was inspired by fast food car service. The method created due to the pandemic is flourishing: long queues of cars are waiting for...
Read moreAM: more favorable rules for simplified agricultural employment
In order to ensure uninterrupted production, the rules for working in the agricultural sector under simplified employment have become more flexible since Friday – the Ministry of Agriculture (ÁM) pointed...
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Green practices against the pandemic
In recent years, more and more people have banished chemicals from their households, but more attention must be paid to cleaning during the coronavirus pandemic. Although natural ingredients have not...
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Europol: Counterfeit products pose a threat to public health
Counterfeit products sold on the World Wide Web for health purposes during the coronavirus epidemic pose a threat to society as a whole, according to a report by Europol, the...
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Euro area inflation fell to a five-month low in March
Inflation in the euro area fell to a five-month low in March, according to a report by Eurostat, the European Union’s statistical office. In March, according to Eurostat’s final data,...
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Magazine: Butters and other dairy spreads
Sandwich never goes out of fashion, but it always changes what kind of dairy spread we put on the two slices of bread – decided by trends, diets and prices....
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