Market News
Hungarian agriculture can come out of swine fever well
According to the agricultural analysis of the Atradius credit insurance company, the swine fever (ASF) epidemic caused short-term uncertainties for the sector, but the it did not cause a significant...
Read moreFarmers can provide subsidized agricultural insurance for more than 10 billion HUF this year
Farmers are expected to make subsidized agricultural insurance for more than 10 billion HUF this year, after which they may receive a premium of 5 billion HUF in 2019. The...
Read moreThe number of e-commerce customs procedures can grow to more than a hundredfold within two years
The number of e-commerce-related customs procedures in Hungary will increase by more than hundredfold within two years after the European Union regulation provides tax liability for low-value packages coming from...
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Let’s learn together! – Baking industrial practice days on leaven technology
The Food Industry Directorate of the National Chamber of Agricultural Economics (NAK) is launching a “Learn together!” Program based on the needs of its members. Participants can expand their knowledge...
Read moreOne of the biggest illegal online trading portals was terminated
One of the largest illegal online trading portals in the world was terminated and its suspected operators three German men were arrested. The Federal Criminal Office (BKA) and the German...
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The lowest number of smartphones was sold in this year’s first quarter in China of the past six years
In China, sales of smartphones dropped by three percent in the first quarter – according to Canalys market research firm. In the first quarter of this year, 88 million smartphones...
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In April, euro area inflation rose to a five months peak
In April, euro area inflation rose to over five-month highs in line with expectations, according to a report by the European Union’s statistical office, Eurostat, published on Friday. In April,...
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Magazine: Chercez la Customer
Cherchez la consumerThis year’s first meeting of the Trade Marketing Club was held on 4 April in the BKIK building. Péter Szita was the first speaker who introduced the...
Read moreVámos György: retail sales are expanding at a huge pace
Since 2013, retail sales and retail consumption have been growing at a tremendous pace – Vámos György, Secretary General of the National Trade Association told Kossuth Radio. He explained that...
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Nielsen: we fight against aging for five billion a year
The market for facial skin care products is booming: Between April 2018 and March 2019, it generated a turnover of five billion forints, mostly in drugstores. In addition to the...
Read moreThe participants in the pig sector expect a relaxation of transport bans
The participants in the pig sector expect a relaxation of transport bans caused by the appearance of African swine fever (ASF) in Hungary. The regionalization agreement with Singapore is a...
Read moreKSH: export surplus is decreasing
In February, the value of exports in euro was 6.2 percent, imports were 7.3 percent higher than a year before. The foreign trade surplus became 816 million euros. It was...
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Analysts: wage increases are driven by labor shortages
First of all, labor shortages are driving wages up and strong growth can last until the favorable pace of economic growth persists – market analysts commented on the latest report...
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Self-Regulatory Summit in Paris
The leaders of the self-regulatory organizations of 24 countries and the leaders of the European and world organizations of the advertising industry discussed in Paris for three days. On the...
Read moreWater use for extraordinary irrigation is already available
In order to prevent or mitigate agricultural damage due to the spring drought, the government has introduced the use of water for extraordinary irrigation purposes for farmers. The farmers need...
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MLBKT: the purchasing manager index increased in April
The seasonally adjusted April value of the Purchasing Manager Index was 54.9 points, higher than the 52.5 in March, indicating that respondents reported about better processed than in the previous...
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The declaration area for the 2019 food chain supervision fee is already available
The electronic declaration interface for the food chain supervision fee was opened on the website of the National Food Chain Safety Agency (Nébih). There is a possibility for food chain...
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Magazine: Exciting trade programmes at the ‘Most successful promotion of the year’ award ceremony
On 11 April the award ceremony of the ‘Most successful promotion of the year’ competition was held in Aquincum Hotel Budapest. FMCG companies were competing with 29 campaigns in 6...
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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...
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