Market News

Global M&A appetite at 10-year high fueled by portfolio reshaping

59% of companies worldwide plan deals in the next year fueled by portfolio reshaping Strong M&A intentions accelerated rather than stalled by uncertainty Despite Brexit uncertainty, UK is top investment...

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OECD: the growth of the Hungarian economy is slowing down, but remains strong

The growth of the Hungarian economy is slowing down but remains strong this year and next year -according to the latest OECD forecast released on Tuesday. Analysts from the Paris-based...

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Nagy István: the new Animal Husbandry Act establishes a successful era in the sector

The new Animal Husbandry Act establishes a successful livestock breeding era. The draft is already before the Parliament – the Minister of Agriculture said on Wednesday in Domony. In his...

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The Hungarian Product is promoted with an advertising film

The Magyar Termék Nonprofit Kft. (Hungarain Product Nonprofit Ltd.) has started an advertising campaign to support the growing recognition of trademarked products in the social media. The advertising film sets...

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Farmers have no money to switch for the alternative breeding of laying hens

Farmers are not strong enough to move to alternative hatchery. The change would require a huge investment within a short period of time, as 90 percent of Hungarian production comes...

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A general VAT reduction is possible in the long run

Varga Mihály, Minister of Finance also spoke about the government’s long-term tax plans in the interview with Világgazdaság. Among these, he mentioned that the government would like to reduce the...

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eNET: the number of online customers is nearly 5.4 million in Hungary

91 percent of the adult Hungarian Internet users, or nearly 5.4 million, have bought online at least once in the past year, according to a representative survey conducted by the...

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Prevent complications of diabetes with a drop of attention!

“According to the data of the National Health Insurance Fund Management, more than 3,600 feet per year have to be amputated due to diabetes, ie 10 people lose their lower...

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Consumer confidence improved in May in the euro area and in the EU

Consumer confidence in the euro area and the European Union has improved significantly in May, according to a survey by the European Commission’s Economic and Financial Directorate (DG ECFIN). According...

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Hungarian workers feel confident in their job according to a survey

In the first quarter of this year, the employee confidence index declined by 2 points compared to the same period of last year. Compared to the previous quarter it has...

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OECD: this year’s global economic growth is slowing

This year’s global economic growth forecast has been worsened in the forecasts of the Paris-based Organization for Economic Cooperation and Development (OECD) on Tuesday. The OECD forecasts a global economic...

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The EU has adopted a ban on disposable plastics

The European Union’s General Affairs Council has adopted a ban on certain non-reusable plastics in response to plastic pollution – the EU Council announced on Tuesday. According to the information,...

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Magazine: ‘The world has turned upside down’

Ákos Kozák (GfK) about the digitalisation process. Ákos Kozák, managing director of GfK told at a press meeting in March that the shopping habits of Hungarians had started to change...

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The CIB Bank expects slowing growth and rising inflation by 2019

This year, CIB Bank expects economic growth of around 3.5 percent, with stable inflation above three percent, however, with unchanged central bank base rate – Trippon Mariann, chief analyst of...

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The wealth of Hungarian households has grown

The wealth of Hungarian households has increased compared to the previous quarter, within which the amount of cash deposits has decreased – origo wrote on the basis of the data...

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Producers in Tolna County have sown maize at a larger area

Producers in Tolna County have sown maize at a larger area, compared to last year. The rainfall in May was good for the spring-sown crops and the development of autumn...

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International freight traffic would be directed to a new half ring road

The government initiated the construction of a new half ring road to direct international freight traffic more efficiently, by relieving sections of the M1, M0 and M5 motorways around the...

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Pistachio harvest needs police protection

Sicily is home to the world’s most-prized variety of the seed – the pistacchio verde di Bronte, or green pistachio from Bronte. Centred on the town of Bronte, the pistachio...

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NAV: what will be the fate of the seized products?

The National Tax and Customs Office (NAV) reported in a fresh Facebook post about what is the fate of the seized products – privatbankar.hu wrote. There are several solutions available...

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A tracking system follows the movement of illegal tobacco products

A new EU monitoring system came into force on Monday, recognizing the movement of non-legally produced or illegally introduced tobacco products within the EU by means of a unique identifier...

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Economic growth accelerated in the euro area in the first quarter

Economic growth accelerated in the euro area and in the European Union in January-March, compared to the last quarter of last year. Hungary’s economy increased the most within the Member...

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Why the legal function must be reimagined for the digital age

The EY global survey finds that legal functions must change their operating models to maximize value from digital transformation. The recent EY legal operations survey of 1,058 senior legal practitioners...

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Magazine: A reform era

According to Brigitta Kosaras, brand manager (Maggi) of Nestlé Hungária, in the market of spices and sauces the summer months are better than the rest, and the same is true...

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Nagy István: profit in the food industry almost doubled in five years

The profit of the Hungarian food industry has almost doubled in the past five years, and the high quality Hungarian raw material is an essential part of its success –...

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London analysts: domestic consumption offsets the weakening of external demand

According to London financial analysts, the strong domestic consumption, which counterbalances the weakening of external demand, is the driving force behind the robust first quarter growth momentum of the Hungarian...

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We continue to stand up to the tax exemption for home-made pálinka

Hungary still does not support the taxation of home-made pálinka cooking, and at every forum stands for the European Union to allow tax exemption for the production of fruit distillate...

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A new business park is being built in South Buda

The White Star Real Estate is building the new business park called Park22 in 22nd district of the capital. The value of the investment is 15 billion HUF – the...

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AM: Hungary contributes to the development of food security in the developing countries

Hungary contributes to the development of food security in developing countries – Nagy István, Minister of Agriculture said at the joint conference of the Ministry of Agriculture and the United...

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Agrarian digitization can open up new external market prospects

The strategy for career guidance through vocational training and the dissemination of digital solutions also contributes to broadening the gates of new markets to farmers who can use the tools...

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Euro area inflation rose in April to a five-month peak

In April, euro area inflation rose to 1.7 percent, to a five-month peak, on the basis of Eurostat’s final data released by Eurostat on Friday. In April, the annual rate...

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