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KSH: retail turnover increased by 0.6 percent in January compared to the same period of the previous year, while it did not change compared to the previous month
In January 2024, the volume of retail trade turnover increased by 0.6 percent compared to the same period of the previous year, according to both raw and calendar-adjusted data, the...
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NGM: recovery of consumption continues, retail turnover in January 2024 increased by 0.6 percent compared to the same period of the previous year
Based on the data of the Central Statistical Office (KSH), the volume of retail trade increased by 0.6 percent in January 2024 compared to the same period of the previous...
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K&H: This is how large companies see the state of the economy
According to almost half of the large domestic companies, the economy could be even weaker in one year’s time, according to the latest results of the K&H large company growth...
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Grant Thornton: The number of female managers is on the rise
While the proportion of senior management positions held by women worldwide has increased from 19.4% to 33.5% in two decades, progress has been disappointingly slow – just 1.1% growth from...
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NMHH: The previous growth rate of online shopping has stalled
The previous growth rate of online shopping has stalled – concluded the research of the National Media and Communications Authority (NMHH), the summary of which was provided to MTI on...
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NGM: the weakness of foreign markets is hindering the recovery of industrial performance
According to the data of the Central Statistical Office (KSH), industrial performance decreased by 3.6 percent on an annual basis in January 2024, while a decrease of 1.1 percent was...
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Last year, Hungarians spent more than HUF 400 billion on shopping abroad
Hungarians spent nearly 400 billion forints abroad on short foreign trips, primarily for shopping, according to recent data from the Hungarian Central Statistical Office (KSH). Despite a significant decline in...
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Strong headwind in the juice market
This article is available for reading in Trade magazin 2024/2-3 NIQ data reveals: the FJND market grew by 6.8% in value, with a 23.7% decline in volume sales in 2023...
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Kyiv is ready to limit Ukrainian food exports to the EU
Ukraine is ready to accept trade restrictions with the European Union in order to resolve the political dispute between it and Poland, but at the same time urges the Union...
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In six out of seven Dutch supermarkets plant-based alternatives are cheaper than animal products
According to a recent survey by Questionmark for ProVeg International, 6 out of 7 Dutch retailers now offer some plant-based foods at a lower price than their animal-based counterparts. This...
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Coop to reduce the VAT rate on sanitary pads in Italy
Coop Italia has decided to absorb a recent VAT increase on sanitary pads in Italy, and has re-launched its campaign to reduce the tax rate on feminine hygiene products. Under...
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ChefGomba has a competitive advantage, thanks to Hungarian Product trademarks
With its ChefGomba products, Eurochamp Hungária Kft. also participated in the continuation of the “HUNGARIAN GIVES YOU MORE” campaign at the beginning of the year. This article is available for...
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However, it is not always necessary to offer Magyar Posta to webshops during delivery
It is mandatory for webshops to offer the possibility of delivery by Magyar Posta to the customer who qualifies as a consumer, on the website of the online store, if...
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Key tasks await agricultural graduates
Overall, our country is abundantly self-sufficient in vegetables and fruit thanks to the strength of the profession, for its future preservation and strengthening, the training of good professionals is essential...
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The payment of support related to Natura 2000 grasslands has begun
In the first round, nearly 7,000 farmers will receive support worth more than HUF 7.5 billion through the call for tenders entitled “VP4-12.1.1-16 “Compensation payments for Natura 2000 agricultural areas”....
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A Geo Terroir research group was established at the University of Szeged
The Geo Terroir research group, which helps the development of domestic agriculture, food industry and tourism, was established at the University of Szeged with the cooperation of experts from several...
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Hungary has been in the EU for 20 years: how have labor costs changed?
On May 1, 2004, ten new states joined the European Union, including Hungary. In our series of articles, we use one indicator to explore how the situation of our country...
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Uniform brand name, online contract signing – innovations for merchants looking for a payment solution
The popularity of electronic and mobile payment solutions among users and entrepreneurs is growing unstoppably, according to the MNB’s 2023 payment report, the proportion of electronic payments increased by 5-6...
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Agricultural cooperation with Mongolia is entering a new level
Minister of Agriculture István Nagy signed a letter of intent to strengthen agricultural and food industry relations, meeting with Javkhlan Bold, Minister of Finance of Mongolia, at the Ministry of...
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Croatia’s Podravka to invest in tomato processing
Podravka is spending €13m ($14.1m) on the project, which is expected to be completed this summer. Croatian food group Podravka is to invest in increasing its processing capacity for tomatoes...
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Interest subsidy programs help thousands of farmers
Interest subsidy programs that provide significant budget resources provide financing available to thousands of farmers, said the Secretary of State for Agriculture and Rural Development of the Ministry of Agriculture...
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Colruyt Commences Conversion Of Match And Smatch Stores In Belgium
Colruyt Group is commencing the integration and transformation of a majority of acquired Match and Smatch stores to the Comarkt (Comarché) banner. The Belgian Competition Authority (BCA) is expected to...
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Ultra-processed foods linked to 32 harmful health effects in BMJ report
Consumption of ultra-processed foods (UPFs) has been linked with the development of 32 adverse human health outcomes, according to a study published in the British Medical Journal. The umbrella review...
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In joint work with farmers for the development of agriculture
In our country, a strategic alliance has been established between the government and the farmers, so we are fighting with all our might to make Brussels change direction, which means...
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The Geo Terroir research group was established to help the development of domestic agriculture, food industry and tourism
The Geo Terroir research group, which helps the development of domestic agriculture, food industry and tourism, was established at the University of Szeged with the cooperation of specialists from several...
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NAV found fake products and more than ten thousand e-cigarettes in a truck near Gyula
The financial inspectors of the National Tax and Customs Administration (NAV) found products with fake branding and more than ten thousand electronic cigarettes in a truck near Gyula. In a...
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The Sirha Budapest International Food Industry Exhibition has opened
The Sirha Budapest International Food Industry and HoReCa Trade Fair opened on Tuesday at Hungexpo. Minister of Agriculture István Nagy said at the opening that the government sees Hungarian agriculture...
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Innovative packaging solutions for fresh food
There is a growing demand for innovative solutions in fresh food packaging, driven by a combination of environmental concerns, consumer preferences, regulatory requirements and the desire for improved functionality and...
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Are firms hiding how climate change is affecting them?
Despite companies setting broad climate targets in response to investor pressure, 47% aren’t disclosing how they intend to meet them, according to EY’s global Climate Risk Barometer. This article is...
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Twenty-five years of Billa’s private label Clever
Austrian retailer Billa’s private label Clever is celebrating its 25th anniversary with new products and a refreshed look. New Clever products include peanuts, hamburger buns, fresh egg waffles, party drinks and...
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