Market News
Almost four million peolple work part-time in Germany
Nearly four million people work part-time in Germany due to the coronavirus epidemic – according to a survey released on Tuesday. Fourteen percent of the 7,600 employees surveyed by the...
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Both adults ad children watch more tv
Among children, and in the morning, the time spent watching TV in Hungary increased the most as a result of the restrictive measures taken by the coronavirus epidemic, but the...
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ÖMKI: time to re-consider global food supplies
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Brand dilemma – quarantine or activity?
At first glance, a fast-rotating daily articles market suffers the least from the coronavirus situation. Foot-traffic has increased in certain categories. Completely new and even hitherto rejected customers in other...
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Global Report on Food Crises reveals scope of food crises as COVID-19 poses new risks to vulnerable countries
Today an international alliance of UN, governmental, and nongovernmental agencies working to address the root causes of extreme hunger have released a new edition of their annual Global Report on...
Read moreAM: the country’s food supply is ensured
The country’s food supply is ensured, the Ministry of Agriculture is in constant contact with the actors of the food supply chain – Zsigó Róbert, Secretary of State responsible for...
Read moreNAK: calls on retail chains to choose Hungarian foods!
The National Chamber of Agriculture (NAK) calls on retail chains to give preference to Hungarian food, otherwise the public body will initiate a restriction to eliminate their market advantage after...
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Fresh Hungarian strawberries will be available from NAK this weekend
Fresh Hungarian strawberries will be available from the weekend at markets, greengrocers and department stores, and domestic yields are expected to last until mid-June, the National Chamber of Agriculture (NAK)...
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MNB: only solution is lending now
The only rational solution on the part of banks in the current epidemic situation is lending, Nagy Márton, Vice President of the Magyar Nemzeti Bank (MNB) said at the Portfolio’s...
Read moreThe turnover of pesticides exceeded 100 billion HUF last year
More than 26,000 tons of pesticides were sold in Hungary last year, reaching a net sales of 104.5 billion HUF, which was 4.7 percent higher than the previous year’s revenue...
Read moreThe Ministry of Agriculture has initiated the proclamation of a period of permanent water shortage
The Ministry of Agriculture has initiated the announcement of the period of permanent water shortage at the Ministry of the Interior, Nagy István, head of the ministry told MTI. The...
Read moreMobile monitoring apps are coming soon
Several European countries are working to develop an application to monitor the spread of the coronavirus epidemic – hvg.hu wrote. First, China began monitoring citizens – and the spread of...
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Employment in the European Union rose to a historic high last year
Employment in the European Union reached a historic high, with seventeen of the twenty-seven Member States reaching their national 2020 target last year – according to data released by the...
Read moreEuropean Commission: new rules on mutual recognition of goods have entered into force
New rules on the mutual recognition of goods legally marketed in another EU country have come into force, making it faster, simpler and easier for companies, especially small and medium-sized...
Read moreTo what extent shops obey rules?
Róbert Zsigó, State Secretary of the Ministry of Agriculture, also spoke at the press conference of the Operational Staff on Tuesday. He said that the coronavirus epidemic posed serious challenges...
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Nielsen: Covid-19 Concerns Are a Likely Tipping Point for Local Brand Growth
Never mind national pride, opting for locally produced products may fast become a necessity for retailers and consumers concerned about products originating from countries where novel coronavirus (COVID-19) has spread....
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RetailZoom: „Domestic chains continues to soar” – Budapest vs. Countryside
There is a significant difference in how customers conduct their shopping between Budapest stores and ones that fall outside of Budapest. Let’s look at how this materializes in the shops...
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These were the most popular brands in 2019
This year’s SentiOne Social Index 2019 report contains the ranking of the most popular brands and products, based on the Hungarian online content published in 2019, taking into account the...
Read moreGo For It Growth Loan Program
The nhp hajrá (Go For It Growth Loan Program) for micro, small and medium-sized enterprises will be available from Monday – 24.hu wrote. The 1,500 billion HUF fixed-rate funds available...
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CNBC: Farmers could be winners as coffee prices spike and countries hoard during the pandemic
Fears over disruptions to supply chains amid the pandemic have led to some degree of hoarding among countries and consumers that’s given coffee prices a much-needed boost. That’s good news...
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Exceptionally, a sole proprietorship may be suspended for less than one month
According to the information of 24.hu, on the last day of March, sole proprietors stormed the online administration interface, and far more people than usual announced that they would suspend...
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(HU) Chikán Attila: Kegyetlen szelekció megy végbe
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(HU) Fidelity: A koronavírus hatása szélesebb körben és hosszabban érzékelhető, de a távolban látszanak a talpra állás jelei
It’s been a bout of market volatility that will likely be seared into our memories for a long time. News that the coronavirus had spread beyond China caused a rapid...
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The NAK marketplace has started
Companies suffering a sudden market loss due to the coronavirus pandemic are being helped by the new website of the National Chamber of Agriculture, the NAK Marketplace. The business (B2B)...
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The Csemege cheese of Győr-Moson-Sopron county received EU protection
The European Commission registered the Csemege cheese of Győr-Moson-Sopron County on Monday – the first among the Hungarian cheeses – as a protected geographical indication. The application for EU protection...
Read moreDemand toeard tomato-based products increased significantly
The global panic shopping fever has boosted the retail turnover of processed foods, including tomato products – agrarszektor.hu wrote. Tomato processors are watching demand trends with concern and are just...
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How to manage customer satisfaction in a crisis
It all starts with the resolve to be prepared and stay calm – and having a crisis management plan in place (one that you revisit from time to time). Depending...
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The corn processor donated its own hand sanitizer to the Chamber of Agriculture
The Hungrana Kft. donated more than 1,600 hand-made disinfectants made from medical-grade alcohol to the National Chamber of Agriculture (NAK). Photo: NAK This covers a large amount of the needs...
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More and more countries are loosening on anti-pandemic measures
More and more countries are loosening the strict rules implemented to curb the coronavirus pandemic. Spain In Spain particularly severe restrictions were introduced, as the country was one of the...
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Exemption from water supply contribution for the duration of the emergency
The agricultural sector is exempted from paying the water supply levy for the duration of the pandemiological emergency. This helps farmers in many areas. The relevant government decree entitled “On...
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