Market News

Green Brands brand marketing

Independent international brand marketing organisation Green Brands started its Hungarian training programme with two ‘Academies’ in April and May. Ákos Kozák, the first speaker at the April event made an...

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FruitVeB: rainy weather was good for horticultural crops

The rainy weather of the past few weeks has been good for outdoor horticultural crops, but rain also increases the risk of infections – FruitVeB explains in its latest report...

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Ecfin: growth forecast for Hungary

The European Commission has improved Hungary’s economic growth forecast for 2019 and 2020 in its spring forecast, but warned that there were more and more signs of overheating in the...

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The quality of public catering can be enhanced with high quality ingredients

It is an important goal to prepare healthy and safe foods mainly from local and bio-based ingredients in public catering, which quantitatively and qualitatively meet the physiological needs of the...

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Colorants over limit were found in candy for children

More than permitted quinoline yellow and unlabeled tartrazine dyes were detected by the Slovak authorities in a tongue coloring candy intended for children. The National Food Chain Safety Agency (Nébih)...

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Employment in the euro area increased more than expected

Employment in the euro area increased more than expected in the first quarter, compared to a year before – according to data reported by the European Union Statistical Office (Eurostat)...

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Randstad Employer Brand Research 2019 – Will there be enough workers in retail trade and in the FMCG sector?

Várkert Bazár hosted the event where the results of the Randstad Employer Brand Research were presented for the sixth time. Jacques van den Broek, global CEO of Randstad was also...

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The future workplace: how to automate intelligently

Automation is now a key pillar of any digital transformation program. But what process and functions should you automate first? And how do you make sure that it’s roles, not...

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Megacities: Giant cities where we live

In 10 years’ time there will be 38 megacities on planet Earth. By 2030 about 60 percent of the planet’s population will be living in cities – reveals a study...

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GfK has analysed the European retail sector

GfK’s ‘European retail in 2019’ study analyses trends and developments in 32 European countries, and it makes sales forecasts for 2019, serving as a kind of handbook for decision-makers in...

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Good start of the year, but uncertainty follows

Various international growth forecasts predict a slowdown in the European Union in 2019. As for Hungary, a 3.5-percent GDP growth is likely after last year’s plus 4.9 percent. In the...

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Poultry meat export gains momentum

According to the Research Institute of Agricultural Economics (AKI), in April the European Commission published a short-term forecast that says: in 2019 the EU’s beef production will represent a volume...

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Chamber of Agriculture: the Hungarian food industry supplies more than ten million people

Currently, the Hungarian food industry is serving more than ten million people, but with technological and other developments, it could provide reliable, healthy food to as many as twenty million...

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Corns are tested at ten places

The post-registration trial of maize of the Seed Association Interprofessional Organization and Product Board, the National Association of Cereal Producers and the National Agrarian Chamber of Agriculture has been launched...

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Nagy István: we need to keep the level of EU agricultural subsidies

In order to maintain the current level of subsidies, the right framework and simple conditions are needed in the European Union’s agricultural policy – Nagy István, Minister of Agriculture said...

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Hungarians eat breakfast too fast

Breakfast is especially important for the Hungarians, but the lack of time characterizes their everyday lives. This means, on the one hand, that most families can spend much less time...

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VAT on organic food was reduced to five percent in Romania

In Romania, the minimum VAT rate on food products classified as traditional products and organic foods and on traditional non-alcoholic beverages is reduced to 5 percent. According to Prime Minister...

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Huge growth about the corner when it comes to e-commerce

Change is upon us, and it’s time to embrace it. We’re all on the hunt for every growth opportunity abound in our industry, but finding them requires a scientific guide...

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CEO confidence in growth dips dramatically

What a difference a year makes. Nearly 30% of business leaders believe that global economic growth will decline in the next 12 months, approximately six times the level of 5%...

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Magazine: More days, more sausages

Zoltán Szántó, senior product manager of PICK Szeged Zrt. told Trade magazine that the two biggest segments in the grill product market are grill sausages and meat prepared for the...

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MNB: the six month increase of core inflation stopped in April

Seasonally adjusted annual core inflation remained unchanged in April, remained 3.8 percent as in the previous month, hence the increase of the indicator lasted for more than half a year...

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AM: 8.6 billion support HUF for breeding sows this year

In 2019, the government earmarked 8.6 billion forints for breeding sows and 10.5 billion forints for animal welfare in the budget – Nagy István, Minister of Agriculture said on Monday...

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Mazars: investors consider Central and Eastern Europe as a reliable target

Central and Eastern Europe is an attractive investment area in a global comparison, with Hungary closing a successful year in terms of transaction value – according to Mazars’ investment report....

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ITM: decisive steps are needed to reduce disposable plastic products

Decisive steps are needed to curb the use of disposable plastic products – the Ministry of Innovation and Technology (ITM) told MTI. The ministry emphasizes in its statement that they...

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NAV detected an illegal tobacco factory in Szabolcs county

Industry-scale manufactured, cut and dried tobacco products worth 25 million HUF were found in the illegally operating tobacco plant in one of the towns of Szabolcs, by the financial investigators...

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Magazine: Practicality is more important than product looks

According to Réka Forgách, Essity Hungary Kft.’s Zewa brand manager, sales of household towels grew by 9.5 percent in 2018. Private label products are important in the paper towel category,...

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This year’s beer season started with premium beers

The Hungarian Beer Manufacturers Association and the Kraft Beer Association officially launched the 2019 beer season. Beer consumption has renaissance in our country. According to last year’s report, 70,000 hectoliters...

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In one year the price of potatoes and vegetables increased significantly

Portfolio.hu looked at the inflation data of the Central Statistical Office (KSH) in March, highlighting the sharp rise in food prices. In the consumer basket of KSH, foods have a...

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IKSZ: the population collects beverage cartons with renewed vigor

The population selects beverage cartons with a renewed momentum. Following the stagnating results of recent years, the recollection of carton boxes of dairy and fruit soup which is a valuable...

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