Market News
2016 is the year of ransomware
According to Trend Micro, more ransomware infections were reported in the first half of 2016 than in the whole of 2015. 172 percent more attacks took place and USD 3-billion...
Read moreThe volume of commercial real estate investments has doubled
The volume of commercial real estate investment transactions increased to 1.5 billion euros (457 billion HUF), in the first three quarters of this year in Hungary, which is the double...
Read moreThe PMI of November is on a two decades peak
The Purchasing Manager Index indicates an expansion for the eleventh month now. The seasonally adjusted value of the index in November was 56.6 percent, the third highest in the past...
Read moreA Belgian beer was also aded to the list of UNESCO
Belgian beer, Cuban rumba dancing and traditional New Year celebrations in several countries all make it onto UNESCO’s latest list of heritage worthy of protection. The UN’s cultural body accepted...
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Changes in the Hungarian Food Book
The rules for meat products and baked goods changed in the Hungarian Food Book, so that consumers will get even better quality products than before. For instance the minimum meat...
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Farmers get more advance payment
This year Hungarian farmers get more advance payment as part of the EU funding scheme than before: until the end of the year they will get HUF 200-billion from the...
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Increased market share for manufacturer brands
Between January and July 2016 praline sales exceeded HUF 10 billion. Like-for-like value sales dropped 1 percent and volume sales were down 7 percent. Shops with a floor space above...
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PEPCO: one thousand stores in Europe
Clothing and household goods discounter PEPCO opened their 1,000th store in Europe. The company entered the Hungarian market in 2015 and already operates 63 stores. PEPCO’s story started in Poland...
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The annual turnover of the Hungarian confectionery market may grow to 200 billion HUF this year
The annual turnover of the Hungarian confectionery market – shelf price calculated – may grow by an average of 5 percent to around 200 billion HUF this year – the...
Read moreChamber of Agriculture: increasing competitiveness is the interest of the Hungarian farmers
Competitive production as well as preparations to take part in the international competition successfully is the interest of both the Hungarian and European farmers. The international competition will spill into...
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The Food Avalanche Programme helped to five thousand families
The Food Avalanche Programme of the Hungarian Food Bank Association and Syngenta took place in fifty-three settlements this year. The local authorities and civil societies that took part in the...
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Three-quarters of the crop depends on pollination by animals
In the world, one and a half billion jobs and the existence of the three-quarters of the crop depends on pollination by animals, so if we do not stop the...
Read moreThe number of mini-breweries is growing rapidly in the Czech Republic
The number of mini-breweries is growing rapidly in the Czech Republic reaching 338 at the end of November. According to the Wednesday statement of the Czech-Moravian Association of the mini-breweries,...
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Macfrut: international and innovative fruit and vegetable technology
The Italian city of Rimini hosted the Macfrut fruit and vegetable trade fair for the 33rd time between 14 and 16 September 2016. On a floor space of 40,000m² more...
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Africa in focus
One of the conferences organised as part of the Macfrut trade exhibition was discussing the role of the fruit and vegetable sector in the development of Sub-Saharan Africa. Fruit and...
Read moreThe imports of Italian wines are declining continuously
The imports of Italian wines are declining continuously – after the 27 million euros in 2013, this year until August imports amounted to only 7 million euros – while Hungarian...
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The consumer protection authority has started the inspections before the holiday season
The consumer protection authority as before, mainly focus on regularity and dangerous goods on store shelves – the National Consumer Protection Authority (NFH) told MTI on Wednesday. According to the...
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A kormányzat minimálbér emelési szándékát megelőzően készült kutatás
szerint nőtt a fizetésemelésben gondolkodó cégek aránya. „Jelenleg a cégek 41%-a készül fizetésemelésre, terveik szerint átlagosan 4,2%-kal magasabb bért fognak utalni munkavállalóiknak a következő egy év során. The proportion of...
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Facebook also uses print in its the latest campaign
The Hungarian Newspaper Publishers 'Association (MLE) reports an another interesting novelty affecting the print market – this time reported about the most recent campaign of Facebook titled “Customize Facebook into...
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1,600 billion HUF EU funds are expected to be paid until end of the year
About 1,500-1,600 billion HUF EU funds are expected to be paid until end of the year to the applicants – the MInister of State responsible for Development said in Nyíregyháza...
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What will be the favorite gifts this year at Santa Claus and Christmas
According to Formatex, this year's Santa Claus hit gifts will be: collectible toys, such as the girly Shopkins, The Cookies Baby, the small LEGO boxes, characters related to motion picture...
Read moreGerman retail sales in October decreased by 1 percent in real terms
The Federal Statistical Office (Destatis) on Wednesday stated that October retail sales fell by 1 percent in real terms, compared to the same month of the previous year. In a...
Read moreConsumer confidence in the US in on a nine-year peak
According to the sentiment index of the Conference Board research firm published on Tuesday, consumer confidence increased sharply to 107.1 points in November from an upwardly-revised 100.8 for October, which...
Read moreTwenty million HUF worth smuggled cigarettes were found in a Romanian minibus
Twenty million HUF worth smuggled cigarettes were found by the police in a Romanian minibus on the M3 highway – the Szabolcs-Szatmár-Bereg County Police press officer told MTI on Tuesday....
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Hungarian factory starts production in Russia
Győr company Agrofeed Kft. built a HUF 3-billion animal feed premix factory in Yasnogorsk, Russia. With this development the Hungarian premix manufacturer will increase its current 8-10 percent Russian market...
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Let’s pay using selfies or fingerprints
Early October Mastercrad announced that it is launching new mobile technology that will allow customers to authenticate their online purchases using selfies or fingerprints. The technology is called Identity Check...
Read moreBrands.hu: We spent five times as much on Black Friday than usually
People take more and more take advantage of Black Friday promotions in Hungary. During the Black Friday promotions (on the Friday after Thanksgiving) huge discounts await the customers, especially in...
Read moreKSH: 60 percent of the country's agricultural land is used by individual farmers
Hungary has 6 million hectares of productive land area of which 4.5 million hectares are farmlands, of which 60 percent is used by individual farms – the Central Statistical Office...
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Shared property, shared reviews
Although we got not much closer to the concept of community / share -based economy, in recent years this economic model is gaining ground, not only internationally, but also in...
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