Market News

Chamber information forums also help the producer cooperations

The National Chamber of Agricultural Economics organizes information events to assist producer cooperations in four regions of the country. Farmers working in cooperations or interested in it are awaited for...

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Cooperation agreement was signed between the Public Procurement Authority and Nébih

The Public Procurement Authority (KH) and the National Food Chain Safety Agency (Nébih) have entered into a cooperation agreement – the Public Procurement Authority told MTI. Under an indefinite agreement,...

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Euro area’s GDP growth is on a four-year low in the fourth quarter

Economic growth in the euro area fell to a four-year low in the fourth quarter of last year, according to the final figures of the European Union Statistical Office, Eurostat,...

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The corporate acquisition market increased by 2.5 percent last year

Globally, 8166 medium-sized Merger & Acquisition (M&A) transactions were carried out last year, which is 2.5 percent more than in the previous year. The total value of transactions was 719...

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The service centers are undergoing a massive transformation

Nearly half of the shared services center (SSC) continues to operate on the basis of a booming, obsolete business model created at the beginning of the 2000s, while the experiences...

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Magazine: 2019 can be the year of hair styling

Unilever Magyarország Kft. launched the Love Beauty & Planet brand at the end of 2018. The exclusive premium brand is present in three categories – from these hair care is...

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The Széchenyi Capital Fund Management Company invests seventy billion forints in Hungarian SMEs

The 100 percent state-owned state-owned company operating under the strategic direction of the Ministry of Finance, places nearly 70 billion forints for Hungarian small and medium-sized enterprises through its five...

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Nébih launched an Information site on product recalls

The National Food Chain Safety Office (Nébih) launched a new thematic sub-page on which the population can get information on recalled foods – the Ministry of Agriculture (AM) told MTI...

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PwC: the majority of corporate executives expects revenue increase this year

The vast majority of the domestic companies are expecting revenue growth this year, but they still worry about a higher proportion of labor shortages, according to a survey conducted by...

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KKM: The Chamber is a strategic partner in export development

The Hungarian Chamber of Commerce and Industry (MKIK) is a strategic partner in the development of Hungarian exports – Joó István, Deputy Minister of State of the Ministry of Foreign...

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Mushrooms growers can build foil tents easier

The establishment of mushroom foil tents has become easier after the legislative amendment initiated by the National Chamber of Agricultural Economics (NAK) – the Chamber told MTI on Tuesday. The...

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Conscious eating tips from smartwater

We barely got out of our winter dream and the first quarter of the year passed. Spring can also cause guilt, in addition to prolonged days and warming sunbeams. Immerse...

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The Sentix Euro Zone Business Sentiment Index improved in March

After six consecutive decreases, the euro area business sentiment index of the Frankfurt-based Sentix GmbH unexpectedly increased in March. Sentix’s Euro Zone Business Sentiment Index released on Monday improved by...

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Shortcoming of olive oil can occur across Europe

Olive production in Italy has not been as bad as this year for twenty-five years – Index wrote. The drop was 57 percent, so it is expected that they have...

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You can save a lot with the fridge and washing machine

With a truly energy-efficient combined refrigerator and washing machine, you can save tens of thousands of forints a year on overhead accounts, but using the devices more consciously can also...

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Cigarette smugglers were captured in Szabolcs county

Nearly 24 million forints smuggled cigarettes were found in two men’s cars by police officers in Szabolcs-Szatmár-Bereg county – the regional police headquarters announced on Police.hu. According to the information,...

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Magazine: Ham brands set the bar even higher

Despite the good economic situation and positive consumption trends, the volume sales of Easter hams decreased a bit in 2018, in comparison with the same period of 2017: shops sold...

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Retail started the year well

According to the Central Statistical Office (KSH), the volume of retail sales in January was 5.4 percent higher than in the previous year, according to both the raw and calendar-adjusted...

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Nagy István: the Ministry of Agriculture supports the collection of signatures for the conservation of EU agricultural resources

The Ministry of Agriculture supports the collection of signatures for the conservation of EU agricultural resources that was initiated by the National Agricultural Chamber (NAK) and the Association of Hungarian...

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A Hungarian-developed procedure can reduce the spread of swine infections

The spread of swine infections may be diminished by a Hungarian-developed diagnostic procedure created with the support of the EU – the Galen Bio Diagnosztikai és Biotechnológiai Kft. (Galen Bio...

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ITM: environmentally friendly technology is the key in preserving European competitiveness

The success of the transition to a new, innovative environmentally friendly technology in the energy sector is a key factor in preserving European competitiveness. But the countries must also rely...

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Last year, ten percentage points more people were saving, compared to a year before

Last year, nearly 60 percent of Hungarians saved monthly, which is about ten percentage points higher than in the previous year, and corresponds to the European average – the Intrum...

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Retail sales in the euro area grew stronger than expected in January

The European Union’s Statistical Office (Eurostat) announced on Tuesday that according to the seasonally adjusted data, retail sales in the 19-member eurozone increased by 1.3 percent monthly and 2.2 percent...

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Magazine: Year of the Pig

According to the Chinese horoscope, 2019 is the year of the pig, which is good for creative people who are capable of renewal, who are flexible but don’t make hasty...

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The Product of the Year awards were handed over

This year, the products of the Year (POY) awards were handed over for the eighth time on Monday. The Hungarian consumers evaluated the products in 20 categories – Vágvölgyi Mihály,...

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KSH: Foreign trade export surplus remained over 5.5 billion euros in 2018

In 2018, the value of exports in euro was 4.2 percent, the value of imports 7.3 percent higher than in the previous year; the Central Statistical Office (KSH) reported its...

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MLBKT: the purchasing manager index has increased

The seasonally adjusted February value of the Purchasing Manager Index (PMI) was 55.7 points after the 54.7 points of January. According to the results, the Hungarian Logistics, Purchasing and Inventory...

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Newer companies have joined the agreement against the distribution of counterfeit products

New internet platforms and brand owners joined to the agreement against the distribution of counterfeit products that was established in 2011 and was strengthened in 2016 – the European Commission...

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Euro area inflation accelerated in February

In February, the pace of the rise in consumer prices in the euro area accelerated, but only slightly, below the European Central Bank’s 2 percent target. According to the preliminary...

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The US consumer sentiment deteriorated in February

The US consumer sentiment deteriorated strongly in February – according to the Michigan University’s regular monthly survey that was published on Friday. The consumer sentiment index decreased from the previous...

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