Market News

Augmented reality in retail

Kosárérték.hu Magazin has analysed how augmented reality (AR) and virtual reality (VR) can be used in retail. According to Ákos Ződi, the owner of Szeged-based company CreatIT Solutions, in the...

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Rapid growth this year, slowing down next year

While most forecasts say growth is going to be at 4-4.5 percent this year, for next year experts foresee a 3-3.5 percent growth – with the exception of the Hungarian...

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Tesco extends the application period for its community-building application

Tesco extends the application period for its community-building application, the “You choose, We Help” program until 23 November 2018. For the program of Tesco, such charitable organizations and informal companies...

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New support for the organic farmers

There is no time for delay: “The Switch to Organic Farming, the Maintenance of Organic Farming” application has been published. The deadline for submission is very close: the electronic support...

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The Hungarian Food Bank organizes Christmas Fundraising between 23-25 November in more than 200 stores

The Hungarian Food Bank organizes organizes traditional Christmas Fundraising again in 2018. The food donations of the population are expected in more than 200 stores in nearly 120 settlements across...

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Billion HUF traffic is expected on the toy market this Christmas

Half of the nearly 45 billion HUF toy/game market is realized during this Christmas season, when Hungarian families spend an average of 6800 HUF for store shopping and 8300 HUF...

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Europe imports more eggs

Data from the Agricultural Economics Research Institute (AKI) and KSH’s market price information system (PÁIR) informs that in addition to the current 18, five more Hungarian meat companies have been...

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The Internet Family House Rule has been published

I do not even know what the kid is doing when pushing the buttons of the phone. I did not want to buy a phone to her yet, but everyone...

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An avalanche that helps people

This year more than 100 tons of produce was harvested by the participants of the Food Avalanche programme of Civil Iránytű Foundation and Syngenta. Syngenta’s vegetable seeds were planted on...

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Two new wieners from Wiesbauer-Dunahús

Wiesbauer-Dunahús has put Premium Light and Premium Veal wieners on the market, targeting people who follow a healthy diet and gourmet consumers. The delicious new premium products are made from...

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FUZETEA – winter edition

Coca-Cola HBC Magyarország Kft. is putting a new limited edition iced tea on the market: FUZETEA Winter Plum is available in 0.5- and 1.5-litre variants. The new FUZETEA product can...

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Fifty-two percent would not spend more on Christmas gifts than last year

Though most people do not plan to spend more on Christmas gifts than last year, shopping will also burden their wallet. The majority of the respondents spend on average 10-50...

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Kellogg’s: that is how we have our breakfast

According to a recent national survey the majority of Hungarian adults agree with the dietitians and try to start the day with breakfast regularly, since • almost everybody is having...

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MNB: Households’ assets increased by 524 billion forints in the third quarter

Net financial savings of households (financing capability) amounted to 524 billion forints in the third quarter, which is 4.9 percent of the quarterly GDP, while in the year until September...

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Black Fiday is becoming more popular in Hungary

In connection with the holiday season and the forthcoming big discounts, the Hungarian consumer’s online shopping habits were measured by PayPal – profitline.hu wrote. The research shows that 42 percent...

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The companies do not meet the challenge of cyber attacks

Digital transformation has further increased the cyber threat of companies, but companies do not do enough to decrease the risks – the Global Information Security Survey of the EY shows....

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AM: The new Animal Breeding Act serves the interests of Hungarian breeders

It is an important aspect when creating a new livestock breeding law to defend and assist Hungarian breeders as well as to help to strengthen the domestic breeding organization within...

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International trends were tested on a Hungarian Instagram account

Hungary’s first Instagram marketing book will be published on 27 November, 2018, documenting every step of the design and implementation, as well as the data and the results. “How do...

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Hungarian Post: e-commerce grew by 20 percent

E-commerce grew by about 20 percent, both in 2017 and 2016, including package transfers related to online orders – Panulin Ildikó – the spokeswoman of Hungarian Post (Magyar Posta) told...

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Self-service call centers cost a thousands less than the traditional

Self-service call centers cost a thousands less than the traditional The cost of handling a phone call in a traditional call center ranges between 390 and 690 forints, while an...

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GDP growth in the euro area continued to slow down in the third quarter

In the third quarter, GDP growth in the euro area continued to slow down, compared to the previous quarter – according to the second estimate of the European Union’s statistical...

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Analysts: third quarter GDP data exceeded expectations

Unlike analysts’ expectations, the growth of the Hungarian economy in the third quarter increased further, with surprises coming from agriculture, construction, investment and services – analysts told MTI, who commented...

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The Honey Breakfast initiative was started in Tata

Honey Breakfast, the Hungarian part of the European initiative to encourage the honey consumption of children has started on Friday in Tata in the Kőkúti Primary School. Within the initiative...

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The Ministry of Agriculture would use a single national trademark

The Ministry of Agriculture wants to create a new state qualification system that would substitute all other quality labels, creating a single strong trademark – the Minister of Agriculture said...

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The President of the Fishing Federation said that the quality of Hungarian fish is excellent

The quality of fish produced in Hungary is excellent – Szűcs Lajos Chairman of the National Federation of Hungarian Anglers (MOHOSZ) told MTI. The Fidesz parliamentarian stressed that the title...

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China is interested in Hungarian agricultural products

China has opened up for imports of Hungarian cereals, animal products and wine, the Ministry of Agriculture (AM) said on Thursday following the meeting of Farkas Sándor, Parliamentary Minister of...

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The logistics alliance turned to the government to increase the competitiveness of the sector

The Association of Hungarian Logistics Service Centers (MLSZKSZ) developed a package of measures affecting the road, rail and waterway, logistic services and the customs area, in order to increase the...

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In October a cargo traffic record was reached at Liszt Ferenc Airport

Record was made in terms of cargo traffic at Liszt Ferenc International Airport in October; the 13,313 tons of cargo were 22.9 percent higher than in the year before, which...

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Employment has continued to rise in the EU and in the euro area at a slowing pace

Employment in the European Union and the euro area continued to rise in the third quarter at a slowing pace. According to preliminary data released on Wednesday by the EU...

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Digitization could bring nine billion euros to Hungary according to a survey

Up to 9 billion euros can be added to the performance of the Hungarian economy by 2025, according to the recent survey of McKinsey & amp; Company. According to the...

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