Market News

Amazon Launches Online Store In Ireland

Amazon has launched its online store in Ireland, offering customers over 200 million products and a new Prime membership option for €6.99 a month, ESM reported. Amazon.ie will offer one-day...

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900 billion HUF may move out of PMÁPs this week

PMÁP week starts on March 20, during which the state treasury will pay 541.5 billion forints in interest and capital to PMÁP holders. But it must also be taken into...

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Hungarians Have Mixed Feelings About Humanoid Robots

From January, humanoid robots have been available in Hungary at prices ranging from 12 to 14 million forints. However, a recent international study shows that most Hungarians remain skeptical about...

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Economic growth may finally start this year

Primarily due to the recovery in consumption, the Hungarian economy may grow by 2 percent this year. With the economic recovery, inflation has also regained strength, and the average annual...

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EY research: consumer impression plays a key role in business success

Consumer perception plays a key role in business success, but most companies do not have a comprehensive strategy for this; lack of data is the biggest obstacle to Hungarian companies...

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BioTechUSA closed 2024 with record revenue, but growth rate slowed

The Hungarian-owned BioTechUSA group closed the year with a sales revenue of HUF 93.7 billion in 2024, which represents a 3.5 percent increase compared to the previous year. Although this...

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The workforce of large companies may decrease further

The downward trend in employment expectations of large company executives continued in the last quarter. According to the last quarter of 2024 data of the K&H Large Company Growth Index,...

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AM: food production cannot be separated from the land

Artificial meat is a fabrication, and we insist that food production be linked to the land, because this represents our traditions and culture – emphasized István Nagy, Minister of Agriculture,...

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François champagnes were present at one of the most prestigious wine competitions in the world

The François sparkling wine brand achieved brilliant success at one of the world’s most important professional competitions. At the Mundus Vini Spring Tasting wine competition in Germany, two excellent François...

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Domestic fish management data collection within a renewed framework

The project of the AKI Agricultural Economics Institute Nonprofit Limited Liability Company, supported by the Hungarian Fisheries Operational Programme Plus under the identification number MAHOP_PLUSZ-1.2.2-24-2024-00001, entitled “Development of the MAHOP...

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Margin freeze: significant price reduction for basic foods, but long-term effects questionable

The Hungarian government introduced a price margin cap on March 17, covering 30 basic food categories and affecting more than 1,000 products. The measure aims to curb inflation and ease...

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Artificial intelligence: back from the future

At the EuroCIS 2025 trade show retail companies can get first-hand information about the latest AI applications and the technical requirements for using them effectively. This article is available for...

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Artificial intelligence and statistical data assets: KSH and NAVÜ held a strategic meeting

The guest of the Central Statistical Office (KSH) was Dr. László Palkovics, the government commissioner responsible for artificial intelligence, who was received by Dr. Áron Kincses, the President of the...

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Food production cannot be separated from the land

Cultural meat is a fabrication, and we insist that food production be linked to the land, because this represents our traditions and culture – said István Nagy, Minister of Agriculture....

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The MAHOP PLUSZ project, which develops fish management data collection, has been successfully completed

On January 31, 2025, the project “Development of the MAHOP PLUSZ DCF Fisheries Data Collection Framework” implemented by the AKI Institute of Agricultural Economics Nonprofit Ltd. was successfully completed, which...

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We are part of the largest agricultural development program since the change of regime

We are part of the largest agricultural and food industry development program since the change of regime – the Parliamentary State Secretary of the Ministry of Agriculture (AM) stated on...

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K&H: young people can significantly reduce their digital overhead if they are aware

Today, digital overhead affects everyone to a greater or lesser extent, especially young people and students. Awareness in this area is particularly important, for example, taking advantage of discounts, which...

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Occupational Health: Still Mandatory and Employers’ Responsibility Greater Than Ever

In connection with the legislative changes that took place last year, many employers mistakenly concluded that they were no longer obliged to provide occupational health services. However, the truth is...

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China lifts ban on Argentine poultry imports

China has lifted its ban on poultry imports from Argentina, which it had imposed in March 2023 following the detection of highly pathogenic avian influenza (HPAI) in a shipment of...

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Nébih held a spring inspection of propagating material

The National Food Chain Safety Office (Nébih), the propagating material and plant health inspectors of the county government offices, and the experts of the National Tax Agency (NAV) held a...

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Picnic joins forces with Intermarché in France

In France, Dutch online supermarket Picnic is swapping its current partner Coopérative U for Intermarché, the supermarket chain that is affiliated to the same buying alliance, Everest. Picnic’s French hubs...

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German Weleda invests in a start-up venture

Weleda AG, the global leader in the distribution of certified natural cosmetics and anthroposophic medicines, has invested in a start-up for the first time in its history, German Lebensmittelpraxis reported....

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China lifts ban on Argentine poultry imports

China has lifted a ban on poultry imports from Argentina, which it had imposed in March 2023 following the detection of highly pathogenic avian influenza (HPAI) in a shipment of...

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Studenac Teams Up With VGP To Build Second Logistics Centre

Croatia’s largest retail chain by number of stores, Studenac has signed a contract with pan-European logistics developer VGP to build a new logistics and distribution centre in Dugopolje, ESM reported....

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These pesticides can be used in durum wheat

Farmers often ask which pesticides can be used in durum wheat crops. According to the position of the licensing authority, the use of pesticides approved for “wheat” or “winter wheat”...

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You can apply for the Value and Quality Grand Prix Trademark until May 29th!

This year’s Value and Quality Award Competition was announced in more than 100 topics by 45 main groups in the fields of economy and culture. Applications for the competition for...

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According to Márton Nagy, the price of the affected foods decreased by an average of 16 percent as a result of the margin freeze

The margin freeze affects about 1,000 products in 30 product categories, and based on Monday evening data, the prices of these foods have decreased by an average of 16 percent,...

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Róbert Zsigó: Monday’s inspections already confirm that traders have started to reduce prices

The government is doing everything it can to ensure the financial security and protection of families and the elderly, and will not allow retail chains to take people’s money because...

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Fringe benefits in 2025 – how popular are housing benefits and the SZÉP card?

In its February survey, GKI Economic Research Ltd. asked companies with more than 5 employees, among other things, whether they plan to provide housing subsidies or SZÉP card subsidies to...

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The lifestyle medicine revolution has begun

The number of chronic diseases is increasing worldwide. It is becoming commonplace that a significant proportion of diseases could be prevented by conscious lifestyle changes. So why don’t we change...

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