Market News
KSH: last December, retail turnover decreased by 0.2 percent compared to the same period of the previous year, while it increased by 1.4 percent compared to the previous month
In December 2023, according to the raw data, the turnover volume of retail trade decreased by 1.0 percent, adjusted for calendar effects, compared to the same period of the previous...
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NGM: retail sales also increased on a monthly basis in December
According to the latest data from the Central Statistics Office (KSH), in December 2023, retail sales were able to increase for the second month in a row compared to the...
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This is how retail units prepare for Valentine’s Day
As Valentine’s Day approaches, many people are already planning where to get their holiday flowers. You can find flowers not only in flower shops, but also in the flower sections...
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The price of cocoa on the world market is at a record high, and Valentine’s Day will be expensive
The world market price of cocoa has not been this high in 46 years, and the price of sweets will also rise due to the poor harvest and rising raw...
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This can cause a serious problem with the mandatory redemption system
The new redemption system came into effect in Hungary in January, which is expected to make drinks available in stores more expensive. The aim of the system is to reduce...
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This year’s pre-booking campaign in tourism has been successful
The previous year’s successes in the travel industry and the summer outbound trends, which even exceeded the 2019 turnover, indicate that market participants expect further growth. Tour operators have been...
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There is no need to expect a permanent shortage of goods in Hungary due to the Red Sea crisis
In recent weeks, it was not pirates but rebels fighting for their own goals that attacked merchant ships in the Middle East, causing serious economic consequences. According to Attila Mihály,...
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Due to the weakness of foreign markets, industrial performance decreased in December
The negative effects of the war and sanctions caused significant damage to the economy, and the weak demand associated with the weak European economy also negatively affected the performance of...
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Retail sales in Romania increased by 1.9 percent last year
Retail sales in Romania increased by 1.9 percent in 2023 compared to the previous year, the National Institute of Statistics (INS) announced on Tuesday. Revenues from the distribution of food,...
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Digitization is the key to the competitiveness of agriculture
Farming using data-based and precision technologies is now inevitable for all producers who want to appear with their products and goods on global competitive markets, where prices are shaped not...
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The Chamber of Agriculture is launching a nationwide series of events on water conservation in February
The National Chamber of Agriculture (NAK) will launch a series of national events in February on agricultural practices that conserve water, the chamber told MTI on Monday. The “Changing climate, adaptive...
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Kavosz: the MAX+ amount of the Széchenyi Mikro loan will be doubled
The maximum loan amount of Széchenyi Mikrohitel MAX+ will be doubled, from HUF 50 million to HUF 100 million, and the financing of new, purely electric passenger cars will also...
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Fertilizer sales prices fell by more than half
In the months X–XII of 2023, compared to the volume traded in the same period a year earlier, 13 percent less fertilizer was delivered to farmers, despite the fact that...
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Mondelez to close biscuit factory in France
Mondelez said 61 positions will be eliminated by mid-2026 at the plant. Mondelez International is set to shut a biscuit plant in France by the end of 2025 as the...
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Rome was surrounded by tractors of farmers demonstrating against the European agricultural policy
Protesting farmers from all over the country surrounded the Italian capital with tractors, occupying the main roads leading to Rome at several points on Monday. You can see a row...
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SPAR Austria Opens Climate-Friendly Store In Vienna
SPAR Austria has announced the opening of a climate-friendly supermarket in Vollbadgasse in Vienna. The surplus heat generated from the SPAR supermarket is turned into energy for apartments and other...
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(HU) Egyesült Államok-szerte kínálja a Starbucks olívaolajas Oleato italát
Sorry, this entry is only available in HU....
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Agricultural Information Portal – agricultural data in one place
The Agrarian Economic Institute (AKI), which operates as a background institution of the Ministry of Agriculture, has been Hungary’s most important agricultural economic database and policy experience for many decades,...
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5 tips that can improve employee and customer satisfaction in one fell swoop
Customer satisfaction is a kind of Holy Grail of companies, one of the most important metrics that can indicate the company’s success. At the same time, surprisingly, there is a...
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Entrepreneurial heritage – the conquest of older companies
The expansion of older companies, the number of companies that have lived 25 years has almost tripled compared to 2018, approaching 77,000 today. The business environment is changing, and despite...
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Business leaders operating in Hungary will discuss peace and sustainability at the UNITY EARTH global symposium
On February 9, Alessandro Farina and Giacomo Pedranzini, two well-known Italian entrepreneurs active in Hungary, will hold a conversation on the topic of global peace and sustainability at the online...
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Aldi debuts automated checkout tech at Chicago-area store
The retailer is working with artificial intelligence startup Grabango to offer the service for the first time in the U.S. at a location in the Chicago suburb of Aurora, Illinois....
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Proposed regulation on packaging and packaging waste could pose a threat to seasonal products
Minimising packaging will be the focus in the future, according to a draft proposal ofthe Packaging and Packaging Waste Regulation (PPWR). The Bundesverband der Deutschen Süßwarenindustrie (BDSI), i.e. the German...
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Magnum launches ‘mood-inspired’ ice creams
Magnum has unveiled its latest duo innovation – Magnum Euphoria Pink Lemonade and Magnum Vegan Chill Blueberry Cookie. The launch offers a unique multi-sensory experience as it introduces Magnum’s first-ever...
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“Changing climate, adaptive soil and water management!” NAK is launching a series of national events entitled
The National Chamber of Agriculture is launching a series of national events on agricultural practices related to the preservation of water in the landscape. The “Changing climate, adaptive soil and water...
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Returnable bottles will be available from Easter, which can cost more money abroad
From April, you can expect significant changes in Hungarian retail, as bottles with a deposit fee appear on the shelves. According to the legislation, from the first of July, it...
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It is not easy for the winners of the Food Industry Supplier Development Program
The Food Supplier Development Program (ÉLIP BP) gave new impetus to the development of the domestic food industry sector. With the sudden increase in the tender amount from HUF 6...
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The form for reporting a reduction in packaging is available
The form for announcing the reduction in packaging became available on the Nébih website. With the help of the online formula, manufacturers, first marketers in Hungary, and wholesalers can indicate...
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Randstad HR Trends 2024: what do domestic companies expect this year?
In its latest research, Randstad assessed the economic expectations with which domestic companies will start 2024. HR Trends 2024 reveals, among other things, whether the more than 350 companies participating...
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Cheap artificial meat available to anyone is coming to the stores
Meat production and the associated emissions are becoming more and more worrying, but at the same time, laboratory meat production can be a potential solution to the problem. According to...
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