Market News
In April, the economic performance of the euro area expanded at the fastest rate in almost a year
In April, the economic performance of the euro zone expanded at a greater rate than expected, at the fastest rate in 11 months, based on the growth rate of the...
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Hungarian imports and exports also fell in March
In the month of March, Hungarian exports and imports also suffered a serious decline. According to data from the Central Statistical Office (KSH), the value of exports was 15 percent...
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Sz. Variáns Kft. implements an exemplary sustainability program
The packaging technology family business in Debrecen, Sz. Variáns, considers it important to reduce its own ecological footprint, which is why it expresses its commitment to environmental protection with its...
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Blue planet: processing food waste is particularly important
Let’s not sink into climate depression, but let’s talk about sustainability and environmental protection problems and find solutions to them; this is the purpose of the Kék Bolygó podcast –...
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Inflation can also be seen in popular fish dishes
As the summer season approaches, the prices of popular fish dishes such as fish soup and fried fish in rural Hungarian eateries are on the rise. These iconic elements of...
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That is why brown eggs are more expensive than white ones
Buyers may often find that the price of brown eggs is higher than that of white eggs. This difference does not arise from health or aesthetic qualities, but from agricultural...
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During the year, the big domestic banks can raise their fees again
As a consequence of inflation, the major Hungarian banks were forced to raise their fees, which means an average increase of 28% for simpler bank accounts. According to a report...
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Péter Szijjártó: it’s time for another dimensional change in the Hungarian economy
The time has come for the Hungarian economy to go through another dimensional change, to increase the technological level and expand the research and development capacities – the Minister of...
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Katjes sells stake in porridge business Haferkater back to founders
Katkes backed Haferkater via its investment arm Katjesgreenfood seven years ago. German confectionery major Katjes Group has sold its 25% stake in local porridge business Haferkater back to the company’s...
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Millennials and Gen Zs drive surge in demand for RTD iced coffee
The demand for iced and specialty coffee beverages is experiencing a significant uptick, largely driven by Millennials and Generation Zs, according to a recent report by GlobalData. “This cohort has...
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Walmart Health Centers Are Closing
Citing lack of profitability, retailer shuttering all 51 clinics In a surprise move, Walmart (Bentonville, Ark.) has decided to close all 51 of its Health Centers. After operating a growing...
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NAV confiscated fake cleaning products and untaxed cigarettes
The tax inspectors of the National Tax and Customs Office (NAV) seized fake cleaning products and untaxed cigarettes on a farm near Mosonmagyaróvár, the customs office announced on its Facebook...
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The latest issue of Trade magazin is out now!
The digital version is available with more content once again and can be read by clicking on the front page below. But what does the May issue feature? The May...
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FAO: global food prices increased for the second month in April on a monthly basis
In April, global food prices rose for the second month in a row in a monthly comparison, this time mainly due to the increase in the price of meat, vegetable...
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Beauty care travels at breakneck speed
Beauty care is one of the fastest growing markets in the FMCG sector. Within beauty care, there are many rapidly evolving segments such as face and body care, make-up, hair...
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The solvency of Hungarians has improved again, but it may be too early to rejoice
At the beginning of this year, the solvency of Hungarians continued to improve, the Intrum Solvency Index exceeded 10 points in the first quarter, according to the new report of...
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High – but not on sugar
The category of sugar-free soft drinks has been growing steadily for years, driven by the health consciousness trend. This article is available for reading in Trade magazin 2024/5 Demand for...
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In alliance with agriculture: MBH Bank responds to the challenges of the market together with professional organizations
MBH Bank has signed a cooperation agreement with the Association of Hungarian Livestock Breeders, the National Association of Grain Growers, the Milk Trade Organization and Product Council, and the FruitVeb...
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The talking digital financial assistant is already available for SMEs
Kate, K&H’s digital financial assistant, has been helping small and medium-sized businesses since spring. The artificial intelligence-based solution is the only one in the country that understands and executes voice-based...
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Food prices may increase due to global warming
Global warming and extreme weather conditions are putting increasing pressure on agriculture, posing significant inflationary risks worldwide, according to a new study from the Potsdam Institute for Climate Impact Research....
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If you need a little… energy
In 2023 the energy drink category showed a small decline in terms of units sold, but an increase in value. This article is available for reading in Trade magazin 2024/5...
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The spring campaign of Számlázz.hu is here
The latest campaign of the dominant fintech company was coordinated from concept to production by the Republic Group team. The creatives will also appear on outdoor and digital surfaces, i.e....
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Coop Sweden to offer more locally grown tomatoes
Coop Sweden plans to increase the proportion of Swedish-grown tomatoes in its store offerings from this summer, so it will source its produce from a new greenhouse in Frövi, developed...
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What you should know about salt and salting
Salt, scientifically known as sodium chloride, is an essential mineral in human nutrition. It has been used for millennia not only as a seasoning but also as a preservative and...
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The European Commission extends the license for state aid to agricultural and fishing producers
The European Commission will extend by six months the temporary measures that allow the governments of EU member states to pay state aid to agricultural and fishing producers affected by...
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Mother’s Day: expert tips for mother-entrepreneurs
Women still have to meet conflicting expectations regarding starting a family and getting a job, which not only complicates their situation, but also takes away significant resources in terms of...
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New tools and sanctions help producers against buyers
Late payments to farmers by purchasers of more than 30 days will become punishable thanks to the package of producer protection laws adopted by the Parliament, announced Zsolt Feldman, the...
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Shady Girl cone flower, MATE’s new official variety
As a result of several years of research and breeding work, the variety candidate Rudbeckia hirta of the Ornamental Cultivation and Green Area Management Research Group of the MATE Institute...
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OECD: Food price inflation fell sharply in most countries
The Paris-based Organization for Economic Cooperation and Development, the OECD, slightly improved its global growth forecast for this year and next year compared to its previous estimate from February. According...
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MBH Bank: Growth may accelerate in the second half of the year, next year GDP may increase by 3.7 percent
The outlook for the Hungarian economy is stable, so thanks to the expected upswing in consumption, industrial production, trade and hospitality from the second half of the year, GDP growth...
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