Market News
With more fruit and less sugar!
In 2018 sales of various drinks containing fruit juice represented 11 percent of total non-alcoholic drink sales – 280 million litres in volume. More than 5 percent of this were...
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Y generation to outnumber X soon
A huge change to come in the labor market within a couple of years: the X-generation workers currently represent the largest proportion on the labor market, but after 2025, their...
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Magazine: Germany: Will wholesale be Amazon’s next victim?
In Germany Amazon is intensifying its efforts in the B2B channel by courting wholesalers for cooperations. The wholesale sector is experiencing consolidation and Amazon’s move can speed this up; offering...
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The net surplus of EU funds to Hungary exceeds 11 thousand billion forints
Since joining the EU, Hungary has received more than 11,000 billion forints as EU support by 2017, as it has paid into the community – the head of the European...
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You can still apply for the “Consumer Protection Expert of the Year 2018” award
One week and the deadline for submitting “Consumer Protection Expert of the Year 2018” award applications will be completed. For the purpose of recognizing the work of thousands of consumer...
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Bónusz Brigád reached record turnover at Christmas
Bónusz Brigád, the largest Hungarian bonus-coupon site, has outperformed all expectations during last year’s Christmas period. In December, with a 50 million HUF rise its turnover reached a total of...
Read moreFitch: the growth of the Central and Eastern European EU economies is slowing down
The cyclical growth of the Central and Eastern European EU economies is likely to have peaked last year, but will remain relatively robust over the next two years, with exceeding...
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Common Agricultural Policy resources must also be kept at their current level during the upcoming EU multiannual financial framework
At the high-level Brussels conference on the European Union budget for the 2021-2027 period, held with the participation of the European Commission’s Vice-President and Commissioner for Budget, Minister of State...
Read moreThe number of workplace accidents continued to decline in agriculture
The employers in agriculture reported 837 accidents at work in 2016 and 654 in 2017, and according to the preliminary data, the number of work accidents continued to decrease last...
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ITM Minister of State: 119,000 applications were received for household appliance replacement
The home warmth household appliance replacement program has received 119,000 applications, of which 40,000 have been criticized and all have received support – Weingartner Balázs, Minister of State of the...
Read moreBusiness atmosphere is at a three years nadir in Germany
In January, the business sentiment index of the ifo economic research institute at the University of Munich in Germany fell to a three-year low. In January, the Ifo Institute for...
Read moreEquilor expects slower economic growth
Equilor expects a slowdown in economic growth in Hungary this year, and expects the forint to turn into a weakening path after the beginning of the year and to reach...
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The EU has brought an action against Hungary due to the restriction of retail margins
The European Commission has brought an action against Hungary at the Court of Justice of the European Union for limited margins on the retail sale of agricultural and food products...
Read moreThe government provides tens of billions of forints for irrigation development
The government provides additional resources of 34.8 billion HUF for the operation of water irrigation infrastructure by 2024 and 17 billion HUF annually for the development of state irrigation-related state...
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This year’s kitchen garden and pet social program was announced
The 2019 kitchen garden and pet social land program was announced, the application can be submitted by the end of January – the Deputy Minister of State of the Ministry...
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The support documents of the home appliance replacement program to arrive until March
Until the beginning of March, all applicants will receive the support documents for the Home Appliance Replacement subprogram of the Home Heat Program – the Minister of State of the...
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European Commission: 99 percent of intervention stocks of skimmed milk powder are sold out
In the latest tender-based sales, 18,514 tonnes of skimmed-milk powder was sold by the European Commission through public intervention which is 99 percent of the stocks – Phil Hogan, Commissioner...
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Magazine: Discount supermarkets are flourishing even in the hardest markets
By opening new stores and increasing their share in people’s FMCG spending, discount supermarket chains are expanding all over Europe. Multinational discounters can compete with leading national retail chains thanks...
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PM: companies intend to increase wages by 10 percent this year
According to the feedbacks, the companies are trying to increase their wages by around 10 percent or a little more this year – Marczinkó Zoltán, Deputy Minister of State of...
Read moreAfrican swine fever: Nébih launched online epidemic training for hunters
Only those certified hunters can carry on individual and social hunting at African swine fever (ASP) infected areas who completed epidemiological training, passed a successful exam and who can now...
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NAV monitors the compliance with the online account information obligation
From 21 January, the county (capital) directorates of the tax authority carry out audits based on risk analysis for taxpayers who are required to provide online account information and who,...
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400 food and catering companies in Spain are making their products healthier
400 food and catering companies in Spain made a commitment to make their products healthier, reducing the sugar, fat, and salt content by an average of 10 percent – the...
Read moreThe e-toll system to be developed further
The e-toll system to be developed further including HU-GO, which allows tolls for lorries over 3.5 tons, to filter out the incorrectly classified environmental classifications in this category and to...
Read moreEighty thousand cans of beer poured into the street
There was a beer apocalypse in Phuket, Thailand in the days after a truck turned off with a larger shipment of beer – index wrote. The locals soon dressed up...
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Magazine: Waste made useful by recycling
According to Norbert Höflinger, strategy director at HWD Recycling Kft., European waste processing companies are still unable to process the waste that got stuck on the continent after China’s waste...
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KSH measured double-digit earnings growth
In November last year gross and net earnings were 10.4 percent higher than a year before, gross average earnings were 355,100 forints – the Central Statistical Office (KSH) announced on...
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Blue gold can be the investment of the future
Many analyzes show that in the coming period, not the energy carriers, but the water, the “blue gold” can be the real bottleneck of the world economy – origo wrote....
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The KSH renews earnings statistics
From January 2019, the Hungarian Central Statistical Office (KSH) renews its collection of earnings statistics. The monthly earnings and earnings information will be collected from the National Tax and Customs...
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Twenty thousand application winners are expected for the Home Warmth Program
The first beneficiaries of this year’s Home Warmth Program have received their sponsorship document. MediaMarkt is preparing for the program with a significant increase in stock, as the state contribution...
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The Economic Competition Authority helps businesses with information on on-site research
The Economic Competition Authority (GVH) published a prospectus to provide guidance on the conduct of on-site research, its legal background, and the rights and obligations of the parties to businesses....
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