Market News
GKI: economy is growing at an annual average of 4.3 percent this year
Date: 2019-09-24 11:25:56
GKI Economic Research Co. has raised its forecast for economic growth this year, expecting 4.3 percent instead of the 4 percent forecasted in June – Vértes András, GKI’s president said...
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Machines are behind the growth of the commercial sector
Date: 2019-09-24 11:25:35
The turnover of domestic stores is constantly breaking records: according to the latest data of the Hungarian Central Statistical Office (KSH), the volume of retail trade is 6.4 percent higher...
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NAK: 150-200 thousand hectares are irrigated in Hungary
Date: 2019-09-24 11:22:30
Irrigation is practiced in Hungary on about 150-200 thousand hectares, which is comparatively small compared to the Hungarian possibilities, because there would be a demand for irrigation on 400 thousand...
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Nébih found everything all right when examining VinAgora’s medalist wines
Date: 2019-09-24 11:20:39
The National Food Chain Safety Authority (Nébih) found everything okay when examining VinAgora International Wine Competition’s medalist wines – the Magyar Szőlő- és Borkultúra Nonprofit Kft. (Hungarian Wine Culture Nonprofit...
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Opten: the company establishing practice is changing
Date: 2019-09-24 11:18:04
Only one in four start-ups starts with a clean slate, 75 percent of fresh start-ups are still linked to previous companies, but changes to come in the Hungarian company formation...
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Between 2013 and 2017, almost 12 billion euros of counterfeit goods were seized in the European Union
Date: 2019-09-24 11:01:27
About 438 million counterfeit goods were seized in the European Union between 2013 and 2017, with an estimated value of nearly 12 billion euros – the European Union Intellectual Property...
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The ifo German business sentiment index strengthened slightly
Date: 2019-09-24 11:00:50
The business sentiment index of the Ifo Economic Research Institute in Germany increased more than expected in September; economic opinion on the current situation has improved, but the index of...
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Magazin: A fenntarthatósági törekvésekben mindenkinek részt kell vennie
Date: 2019-09-24 07:49:31
Ma már a csapból is a fenntarthatóság folyik, ám nagyon fontos, hogy időnként benézzünk a hangzatos, zöld mondatok mögé. Vajon létezik-e valódi fenntarthatóság, vagy egyelőre csak a felszínt kapargatjuk? A...
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Újabb boltok használhatják a SuperStore logót!
Date: 2019-09-23 16:14:45
A Trade magazin ismét versenyezni hívta a Magyarországon bejegyzett székhellyel rendelkező értékesítési pontokat. A SuperStore versenyen olyan helyek indultak eséllyel, ahol az értékesítési koncepciónak leginkább megfelelő a dizájn, a célcsoport...
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The Milk Product Council launches a campaign to encourage the consumption of Hungarian milk
Date: 2019-09-23 11:58:05
The Milk Product Council is launching a television campaign to help consumers choose domestically produced milk and dairy products over imported goods – the Milk Product Council told MTI on...
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This year’s apple production might be worrse than estimated before
Date: 2019-09-23 11:55:01
This year’s apple harvest may be under 400,000 tonnes, which is 15-20 percent lower than the previous pessimistic estimate, and up to 35 percent below the long-term average of around...
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Századvég: GDP may grow by 4.8 percent this year
Date: 2019-09-23 11:40:58
The Századvég Economic Researcher revised its GDP growth forecast to 4.8 percent this year and expects a growth of 3.9 percent by 2020, but notes that weakness in the German...
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Households’ solvency declined slightly in the second quarter, according to Intrum’s index
Date: 2019-09-23 11:02:54
Households’ solvency declined slightly in the second quarter of this year, compared to the previous quarter, but is still high; the decline is largely due to the growing loan portfolio...
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Consumer protection: complaint at products ordered through newspaper ads is frequent
Date: 2019-09-23 11:02:44
There are frequent consumer complaints about products ordered through newspaper ads – Kispál Edit, spokeswoman for the National Association of Consumer Protection Associations told M1 news channel on Saturday. There...
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Bad news from the German private sector
Date: 2019-09-23 10:59:25
For the first time in six and a half years, the performance of the private sector in the German economy declined in September as the manufacturing recession deepened and lost...
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GKI’s business confidence index fell in September
Date: 2019-09-23 05:33:21
The GKI economic sentiment index fell to its two-and-a-half-year low in September, within which business expectations plummeted to their lowest level in the past three years. However, consumer expectations improved...
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The sugar beet processing campaign has started in Kaposvár
Date: 2019-09-20 11:30:16
The 126th beet processing campaign started at the sugar factory of the Magyar Cukor Zrt. in Kaposvár on Friday. Kovács Gergely, a member of the board of directors of the...
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Eating habits will be assessed again
Date: 2019-09-20 11:20:02
Hungarian eating habits will be assessed again as part of the European Population Health Survey – the head of department of the National Institute for Pharmacy and Nutrition (OGYÉI) said....
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An agricultural logistics center and a cold store were handed over Nemesvámos
Date: 2019-09-20 11:13:10
An agricultural logistics center and a cold store have been handed over in Nemesvámos, Veszprém county. The investment cost 274 million HUF. At the handover ceremony on Friday, Sövényházi Balázs,...
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British merchants began to stock up Christmas drinks
Date: 2019-09-20 11:03:51
Traders in the United Kingdom began to stock up on Christmas alcohol stocks earlier this year, as there is still much uncertainty about whether the UK will leave the EU...
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Consumer confidence in the euro area improved in September
Date: 2019-09-20 11:03:19
Consumer confidence in the euro area and in the European Union improved in September, according to a survey by the European Commission’s Directorate-General for Economic and Financial Affairs (DG ECFIN)....
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Swiss watch exports increased
Date: 2019-09-20 11:00:09
Switzerland’s watch exports grew in August on a yearly basis, at a similar rate to July. The Swiss watchmaking association announced that its August exports amounted to 1.522 billion francs,...
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Public Procurement Authority: last year 7 percent of all public procurement was linked to the agricultural sector
Date: 2019-09-19 11:25:15
Almost 7 percent of all public procurement last year was attributable to the agricultural sector – Rigó Csaba Balázs, President of the Public Procurement Authority told M1 news channel. The...
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The agricultural machinery market continued to expand in the first half of the year
Date: 2019-09-19 11:20:24
After the record of previous years, the agricultural machinery market continued to expand in Hungary in the first half of the year; farmers and agricultural entrepreneurs bought new machinery for...
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The OECD has downgraded its global economic growth forecast
Date: 2019-09-19 11:08:44
The OECD has lowered its earlier forecast of growth in the world economy this year to the lowest level since the financial crisis of 2008-2009, due to growing trade conflicts...
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Nébih: high levels of formaldehyde dissolution from a Chinese coffee mug were measured
Date: 2019-09-19 11:08:13
The Polish authority measured high levels of formaldehyde dissolution from a Chinese cup of melamine-containing bamboo fiber. The product was also shipped to Hungary. The National Food Chain Safety Authority...
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For the first time in ten years, IATA has seen a decline in air freight worldwide
Date: 2019-09-19 11:05:11
“For the first time in ten years, the volume of air cargo worldwide will decline this year, with significant yield reductions, but the industry is flexible enough to survive this...
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At LG Future Talk Powered by IFA, LG Shows How AI Can Make Anywhere Feel Like Home
Date: 2019-09-19 10:17:20
At a panel talk event to kick off IFA 2019 in Berlin, Dr. I.P. Park, president and Chief Technology Officer of LG Electronics, shared the company’s vision for an AI-powered...
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Retail sales growth accelerated in the Czech Republic
Date: 2019-09-19 10:02:59
In July, retail sales growth in the Czech Republic accelerated to seven percent. In June, the figure was 4.8 percent – the Czech Statistical Office announced in Prague on Thursday....
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Opten: production figures of domestic companies is improving
Date: 2019-09-18 11:22:45
According to Opten, corporate finance reports for 2018 show a fundamentally positive picture of the Hungarian economy, with a significant increase in the productivity of companies based on revenue per...
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