Market News
Local hero Profi expected to take market leadership in Romania
Despite strong market presence of Schwarz Group’s Kaufland hypermarkets and Lidl discounters, domestic minimarket operator Profi is forecasted to become the number one grocer in the country in 2023. In...
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Magazine: Employer branding at its best
In 2018 the best Hungarian brands have been rewarded with the MagyarBrands prize for the ninth time. From 2018 the MagyarBrand programme evaluates brands in four categories: business, consumer and employer...
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KSH: earnings growth accelerated in February
In February, gross and net average earnings were 12.1 percent higher than a year before, after the 10.6 percent in January. In the first two months of the year, salaries...
Read moreNagy István: the government provides 600 million HUF this year to support beekeepers
This year, the government will provide six hundred million forints to preserve the health status of bee colonies, for which beekeepers can submit their applications electronically in the summer –...
Read moreAfrican swine fever has also appeared in Hajdú-Bihar county
African swine fever was detected in Hajdú-Bihar county. The virus of the disease was detected by the Laboratory of the National Food Chain Safety (Nébih) in three dead wild boars...
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FruitVeB: despite extreme weather, this year’s strawberries crop is good
The winter and spring frosts did not cause significant damage to strawberry plantations this year, so producers, like in the average yield years, can harvest about 15,000 tons of strawberries...
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Thirty million miches are being made in Romania during the six-day vacation
About thirty million miches are being cooked in Romania during the six-day vacation that includes the Orthodox Easter and the May holidays – the Hotnews.ro reported on the basis of...
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The euro area achieved higher-than-expected GDP growth in the first quarter
Gross domestic product growth in the euro area increased more than expected in the first quarter based on the first estimate of the European Union Statistical Office, Eurostat. In the...
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KSH: the number of employees is close to 4.5 million
In the first quarter of this year, the average number of employees was 4, 497 thousand, 62 thousand more than a year before. The employment rate of 15-64 year-olds increased...
Read moreThe use of pesticides fell last year
Last year the use of pesticides dropped: the Agrarian Economics Research Institute (AKI) measured an 11 percent decrease in volume and 8 percent in value. According to the institute’s analysis,...
Read moreThe causes of the summer bee deaths are investigated by Nébih
The National Food Chain Safety Agency (Nébih) continues to investigate the causes of last year’s mass bee deaths – the President of the National Hungarian Beekeeping Association (OMME) told M1...
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Global IPO trends: Q1 2019 | Page 3Global IPO trends: Q1 2019 | Page 3Global IPO marketGlobal IPO momentum slows but Q2 2019 set to rebound
Global IPO trends: Q1 2019 | Page 3Global IPO trends: Q1 2019 | Page 3Global IPO marketGlobal IPO momentum slows but Q2 2019 set to reboundWhile Q1 is usually a...
Read moreSzijjártó Péter agreed with the Chinese Foreign Minister on a five-point development plan
Szijjártó Péter, Foreign Minister and Vang Ji, Foreign Minister of China agreed on a five-point plan for the further development of the Hungarian-Chinese relations on Saturday. After the meeting, Szijjártó...
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Package delivery increased by ten percent in the first quarter
A significant part of the packages containing goods arrive from abroad to Hungary. This year, an increase of more than 10 percent was registered in the first quarter – Magyar...
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Tons of suspicious meat was found in a truck in Békés County
The 12-ton truck loaded with meat products of unknown origin was found by NAV’s staff in Békés County – Index wrote after Beol.hu and NAV. The financial officers carried out...
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In April, the economic climate in the euro area continued to deteriorate
More than expected, the economic sentiment in the euro area declined to its lowest level in two and a half years on the basis of a statement of the European...
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Brugal 1988 arrived to Hungary
Brugal is the market-leading rum in the Dominican Republic and is now a familiar sight in bars up and down in Hungary after being taken on by Coca-Cola HBC. If...
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GKI: Good start, uncertain continuation
In the first two months of 2019, the growth rates of the most important sectors of the Hungarian economy accelerated compared to last year. However, domestic economic expectations reached their...
Read moreConcordia Közraktár Zrt.: the profitability of grain production Is uncertain due to drought
Due to the drought, the profitability of cereal production has become uncertain this year. In addition to the expected 15 percent loss of crop, the irrigation of wheat fields has...
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FruitVeb: domestic vegetables will be cheaper from May
Home-grown vegetables will be cheaper from May, after the warm weather has accelerated the ripening of plants grown in foil and greenhouses. Cabbage, radish, early carrot, lettuce, peppers, tomatoes, snake...
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Feldman: the number of small producers has tripled
The government is doing a lot to provide more and more opportunities to the small producers. Due to these efforts, the number of small farmers has tripled since 2010 –...
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AM: the position of apple and sour cherry growers is strengthened by the compulsory purchase in the acquisition contract
The creation of predictable sales environment for apple and sour cherry farmers has a paramount importance for the Ministry of Agriculture (AM), therefore the introduction of a binding contract to...
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The price of new potatoes fell by half unexpectedly
On the 16th week the most common price of domestic new potatoes fell to 700 forints at the wholesale market of Budapest, from the 1300 forints of the 13th week...
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The bananas controlled by Nébih were in compliance with the standards
Both the safety and quality aspects and the traceability and labeling requirements were met in case of the 1 “baby”, 3 bio and 10 traditional bananas of 10 chain stores...
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The new hall of the Békásmegyer market was handed over
The new hall building of the Békásmegyer market and its underground garage, the first phase of the development of the 3rd district market and community space were realized from over...
Read moreLondon analysts: the Central European EU economies are resistant to the German slowdown
London financial analysts say that EU economies in Central Europe have been resistant in recent months against the slowdown of the German economy. At the same time, the risk of...
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Employment in the European Union increased to a fifteen year peak last year
Employment in the European Union increased to a fifteen year peak last year, and thirteen of the twenty-eight Member States have reached their national target for 2020 – according to...
Read moreThe American consumer sentiment deteriorated in April
The US consumer sentiment deteriorated sharply in April – the Michigan University’s usual monthly survey reveals. The final result was published on Friday. The consumer sentiment index stood at 97.2...
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Magazine: Competition between manufacturer brands and private label products
Christoph Knoke, managing director of IRI in Germany has been interviewed by Lebensmittel Zeitung. He told: although private label (PL) products started out as the imitators of manufacturer brands, today they...
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KSH: record pice increases agricultural prices has not seen for six years
After the 8.3 percent in January, the purchase price of agricultural products increased by 7.7 percent in February than a year before, so the producer price of agricultural products rose...
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