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K&H: SMEs start the new year with cautious optimism

Micro, small and medium-sized enterprises start the year with positive expectations: the K&H SME confidence index is still at 11 points after a slight decline. Nevertheless, there is a slight...

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Strengthening Hungarian chains in the FMCG market

In March-April 2020, during the first wave of the coronavirus pandemic when the panic-buying started, FMCG sales by Hungarian-owned retail chains skyrocketed – the like-for-like sales growth was 45 percent....

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The majority of Hungarian workers would like to share their opinions with their employer when leaving

Recent, representative research by the Profession.hu has shown that most workers would like to take advantage of the exit interview. However, this forum can be useful not only for departing...

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(HU) Jelentős a munkaerőhiány a dél-alföldi régióban

Sorry, this entry is only available in HU....

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The government has announced a food price stop

Price regulation will be applied from February 1 for six products, vg.hu wrote. As prices rise across Europe due to rising energy prices, the Hungarian government is introducing a food...

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The World Bank has improved its forecast for the Hungarian economy

The government is working to maintain its lead in relaunching the Hungarian economy and to keep the Hungarian economy on a dynamic growth path even in a slowing global economic...

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Innovitech Kft. is working on the mechanization of grape pruning

Innovitech Kft. is working on the development of a robot for grape pruning together with the University of Pécs (PTE), the Bay Zoltán Research Institute Nonprofit Kft. and SBS Kft....

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Inflation is at a 25-year high in the OECD

In the countries of the Organization for Economic Co-operation and Development (OECD), consumer prices rose by 5.8 percent year-on-year in November, after an average of 5.2 percent in October, the...

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Hungary provides outstanding support to agriculture

Hungary has submitted to the European Commission the Hungarian CAP Strategic Plan, the most important document defining the agri-food support system for the period 2023-2027. The plan was prepared in...

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The experts of the Chamber of Agriculture help farmers navigate in the post-2023 agricultural subsidies

In the agricultural support system starting from 2023, each farmer has to decide individually which opportunities he can make the most of, therefore the experts of the National Chamber of...

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Domestic consumption has increased VAT revenues

The amount of tax collected between January and November significantly exceeds the figures planned for the same period, and based on the outstanding VAT revenues, domestic consumption developed very well...

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Kids also understand inflation

In the “shopping basket” of children, several products have become much more expensive than inflation, fruit yoghurt is over 10 percent, cocoa snails 14 and the price of a glass...

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This year, the promotion of Hungarians will be supported with a budget of HUF 930 million

As in the previous year, the promotion of Hungarians in three target areas will be supported with a budget of HUF 930 million this year, Minister of Agriculture István Nagy...

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Investor sentiment in the euro area improved in January

Contrary to analysts’ expectations, investor sentiment in the eurozone did not deteriorate but improved in January, according to a survey by the Sentix Economic Research Institute in Frankfurt. The euro...

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Available to anyone

We learned from Soma Rédey, co-founder of Vilhemp Kft. that it is very beneficial for a newly established company to use a trademark that attests not only its origin, but...

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Food supply wasn’t discussed at COP 26

Now that the COP 26 climate change summit is over, a growing number of agri-food organisations voice their disappointment about the participants practically forgetting to talk about the influence of...

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Magazine: Agri-food systems emit more and more harmful gases

According to the latest study of the UN’s Food and Agriculture Organization (FAO), from agri-food systems the food supply chain emits so much greenhouse gas that the segment will soon...

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Pork can become more expensive

Consumers could prepare for a serious price explosion in the pork market, as the fluctuating year of 2021 has led to such an increase in producers’ costs that they will...

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Analysts: last November’s retail sales fell short of expectations

Analysts told MTI that retail sales fell short of expectations last year due to declining fuel consumption, lower-than-expected discounts and high inflation. According to a report by the Central Statistical...

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Farmers bought seven percent more new tractors last year

The economic environment was favorable for the purchase of agricultural machinery. Last year 3335 new tractors were put on the market in Hungary, 7.2 percent more than a year before...

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Last year, retail sales in Romania grew by 10.5 percent in the first eleven months

Last year, according to raw data, the volume of retail sales in Romania increased by 10.5 percent compared to the same period in 2020, the Romanian National Statistical Institute said....

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Retail sales increased in the euro area

In the euro area, the volume of retail trade turnover increased by 1 percent in November, compared to the previous month and was 7.8 percent higher than in November 2020,...

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K&H: when yoghurt or shoes become more expensive – this is what “child inflation” looks like

The price increase is ubiquitous, even affecting children’s “shopping carts”, through which pocket money and wallets are affected. Fruit yoghurts, for example, have increased by 10 per cent in a...

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Let’s pour clean water into the glass

Sustainability and environmental protection affect all of us, thus in 2020 NRC decided to do research every six months on what Hungarians think and do about sustainability. Insufficient information and...

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Hungarian Product trademark turns costs into savings

Eszter Benedek, managing director of Hungarian Product Nonprofit Kft. explained that a company which decides to start using the trademark has to calculate with two types of fees: 1. the...

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Freshly Chopped To Enter Six New Markets

Irish healthy fast-food retailer Freshly Chopped has entered into a partnership with Fresh Food Fast Company to open 120 new stores in the Netherlands, Belgium, France, Germany, Denmark and Sweden...

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Magazine: About food regulations in an understandable way: The probiotics story

According to a recent survey, almost 60 percent of Hungarians know what probiotics are and the majority of them are familiar with their beneficial effects. Besides, half of consumers are...

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One day, we spent 3416 forints in the store

But if you live in Budapest, you can live for 3,987 forints. And if it’s in Nograd, it’s 2,476 forints. In the first three quarters of 2021, the difference in...

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KSH: sales of retail stores increased by 3.8 percent

In November last year, the volume of retail trade turnover increased by 3.8 percent, compared to the same period of the previous year, according to both raw and calendar-adjusted data,...

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Additional resources for the dairy sector again

The government is committed to the development of domestic milk production and milk processing, therefore the actors of the sector will receive additional resources for development and expansion in the...

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