Market News
Global M&A appetite at 10-year high fueled by portfolio reshaping
Date: 2019-05-23 10:21:39
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
Date: 2019-05-22 11:50:08
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
Date: 2019-05-22 11:45:57
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
Date: 2019-05-22 11:40:03
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
Date: 2019-05-22 11:30:32
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
Date: 2019-05-22 11:29:57
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
Date: 2019-05-22 11:28:13
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!
Date: 2019-05-22 11:12:01
“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
Date: 2019-05-22 11:02:05
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
Date: 2019-05-21 11:25:07
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
Date: 2019-05-21 11:16:32
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
Date: 2019-05-21 11:12:46
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’
Date: 2019-05-21 07:23:41
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
Date: 2019-05-20 11:35:48
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
Date: 2019-05-20 11:20:10
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
Date: 2019-05-20 11:05:00
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
Date: 2019-05-20 11:04:50
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
Date: 2019-05-20 11:04:11
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?
Date: 2019-05-20 11:04:09
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
Date: 2019-05-20 11:03:15
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
Date: 2019-05-20 11:00:17
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
Date: 2019-05-20 10:38:58
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
Date: 2019-05-20 07:53:54
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
Date: 2019-05-17 11:40:32
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
Date: 2019-05-17 11:30:18
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
Date: 2019-05-17 11:27:51
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
Date: 2019-05-17 11:12:45
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
Date: 2019-05-17 11:12:22
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
Date: 2019-05-17 11:10:27
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
Date: 2019-05-17 11:02:20
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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