Market News
CEO confidence in growth dips dramatically
What a difference a year makes. Nearly 30% of business leaders believe that global economic growth will decline in the next 12 months, approximately six times the level of 5%...
Read more
Magazine: More days, more sausages
Zoltán Szántó, senior product manager of PICK Szeged Zrt. told Trade magazine that the two biggest segments in the grill product market are grill sausages and meat prepared for the...
Read moreMNB: the six month increase of core inflation stopped in April
Seasonally adjusted annual core inflation remained unchanged in April, remained 3.8 percent as in the previous month, hence the increase of the indicator lasted for more than half a year...
Read moreAM: 8.6 billion support HUF for breeding sows this year
In 2019, the government earmarked 8.6 billion forints for breeding sows and 10.5 billion forints for animal welfare in the budget – Nagy István, Minister of Agriculture said on Monday...
Read moreMazars: investors consider Central and Eastern Europe as a reliable target
Central and Eastern Europe is an attractive investment area in a global comparison, with Hungary closing a successful year in terms of transaction value – according to Mazars’ investment report....
Read more
ITM: decisive steps are needed to reduce disposable plastic products
Decisive steps are needed to curb the use of disposable plastic products – the Ministry of Innovation and Technology (ITM) told MTI. The ministry emphasizes in its statement that they...
Read moreNAV detected an illegal tobacco factory in Szabolcs county
Industry-scale manufactured, cut and dried tobacco products worth 25 million HUF were found in the illegally operating tobacco plant in one of the towns of Szabolcs, by the financial investigators...
Read more
Magazine: Practicality is more important than product looks
According to Réka Forgách, Essity Hungary Kft.’s Zewa brand manager, sales of household towels grew by 9.5 percent in 2018. Private label products are important in the paper towel category,...
Read moreThis year’s beer season started with premium beers
The Hungarian Beer Manufacturers Association and the Kraft Beer Association officially launched the 2019 beer season. Beer consumption has renaissance in our country. According to last year’s report, 70,000 hectoliters...
Read more
In one year the price of potatoes and vegetables increased significantly
Portfolio.hu looked at the inflation data of the Central Statistical Office (KSH) in March, highlighting the sharp rise in food prices. In the consumer basket of KSH, foods have a...
Read more
IKSZ: the population collects beverage cartons with renewed vigor
The population selects beverage cartons with a renewed momentum. Following the stagnating results of recent years, the recollection of carton boxes of dairy and fruit soup which is a valuable...
Read more
Nearly half of the Hungarians are willing to pay more for environmentally friendly services
42 percent of Hungarians say that they are willing to pay more for eco-friendly products, most of them up to 10-30 percent more than for a traditional product. Although the...
Read more
NAV detected a tax evading vegetable dealer network
The criminal organization dealing with vegetable trade caused more than six hundred million forints damage to the budget – the press officer of the Central Transdanubian Criminal Directorate of the...
Read more
IT company directors lead the way in going digital
Switching to digital technology requires drastic changes not only in the systems customers get in touch with directly, but also in the domains of support technologies, the culture of informatics,...
Read more
The Lactalis dairy producer increased its market share in Romania
The Lactalis dairy producer increased its market share in Romania. The company bought the Covalact firm from the US investor SigmaBleyzer – the Ziarul Financiar economic and financial newspaper reported...
Read moreKSH: consumer prices increased by 3.9 percent in April
In April, consumer prices were on average 3.9 percent higher than a year before, with prices rising 0.9 percent on average in March – the Central Statistical Office (KSH) announced...
Read more
Palvin Barbi, the beers of the Hungarian small breweries and the glassy packaging are the most wanted
Hungarians like to drink beer anywhere, anytime, because of the taste and the good company – the survey of Beerbox revealed. Only one is a woman out of ten regular...
Read more
Survey on the state of the digitization of the food industry
The mapping of the digitization situation of the domestic food industry companies is taking place. The survey can be completed until 17 May, 2019, and the results can contribute to...
Read more
The NAK melon working group was established
Several tasks and goals have been set by the National Chamber of Agrarian Economics, a newly formed working group of melon-growing members. Among other things, they support this year’s campaign...
Read more
NMHH: the share of advertisings promote domestic products and services is low
There is still very little television advertising to promote domestic products and services, but the accessibility of TV shows remains at 99.9 percent – the National Media and Communications Authority...
Read more
KSH: 677 million euros export surplus in March
In March, the value of commodity exports in euro rose by 4.9 percent and imports by 5.6 percent, compared to the same period of last year. The commodity turnover surplus...
Read more
GKI: Golden age of the Hungarian real estate market does not end soon
The Hungarian real estate market undoubtedly is in its golden age. Both the home and the business markets are behind fertile years and the prospects are also favourable. In April...
Read more
FAO: World food prices rise in April
Global food prices rose in April to their highest level in almost a year, led up by meat and dairy prices. The FAO Food Price Index, which tracks monthly changes...
Read more
Magazine: FMCG brands and sports: Brand building and mission (Part 2)
OMV sponsors athletes in several countries, because the company is fully aware of the fact that the values of the world of sport fall in line with the expectations of...
Read moreThe European Commission has improved its growth forecast for Hungary
The European Commission has improved Hungary’s economic growth forecast for 2019 and 2020 in its spring forecast, but warned that there were more and more signs of overheating in the...
Read moreFarmers can irrigate free of charge without a water license
Without water permit, farmers can irrigate free of charge to mitigate the spring drought, as part of the extraordinary irrigation water use – Nagy István, Minister of Agriculture told M1...
Read moreNMHH: Internet prices decreased by 11 percent last year
Last year, the prices of Internet services decreased by 11 percent. The prices of mobile voice subscriptions fell with lesser extent, primarily due to the 5 percent reduction in Internet...
Read more
220 million HUF tender for the promotion of Hungaricums
In order to promote national and foreign national values, hungaricums and to retain the traditional clothing culture of the Carpathian Basin, a tender of 220 million HUF was launched –...
Read more