Market News
Shell Minishops: Shopping in a 21st-century environment
All over Hungary Shell Minishops are waiting for customers with a large selection of the most important food products, e.g. fresh bakery items, dairy and meat products, fruits and vegetables,...
Read moreRetail sales grew by 4.1 percent in the first quarter of the year in Romania
In Romania, according to raw data, the volume of retail sales increased by 4.1 percent in the first quarter compared to the same period last year, the Romanian National Statistics...
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Growth, speed, expansion
Focus topic of the newsletter E-Scanner of the Private Label Manufacturers Association is the expansion of retail players and the monitoring of changes. Growth is generated by acquisitions, online expansion...
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Besides keeping you awake, energy drinks ought to be healthy too!
András Palkó, Coca-Cola HBC Magyarország’s marketing operations manager reported to our magazine that the retail market of energy drinks grew by 2.9 percent in value and increased by 3.3 percent...
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With resilient optimism in 2021
At the April meeting of the Chain Bridge Club the experts PwC gave online presentations. PwC partner Anita Mekler analysed the results of the company’s annual CEO survey. This study...
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A treasure of the Hungarian Sea
Doctor Balaton is the title of TV2 Group’s fully Hungarian daily television series, which started at the end of December 2020. The story unfolds in the Lake Balaton – the...
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Pek-Snack: A bite of optimism
2020 was a very good year for Pek-Snack Kft.: the bakery chain remained strong financially and strengthened its market position. Our magazine had a chat with managing director Csaba Antal,...
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Hungerit Zrt.’s new CEO – Uninterrupted progress
From 1 April János Volosinszki is Hungerit Zrt.’s new CEO. The company is one of the biggest poultry processors in Hungary and a strategic partner of Bonafarm. You have many...
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Magazine: Presence: An exemplary programme that helps in the long run
Within the framework of the Presence Programme, the Hungarian Maltese Charity Service runs sustainable workshops that work for the benefit of the society. The main objective is to integrate marginalised...
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KSH: retail sales fell by two percent in March
In March, according to raw data, retail sales decreased by 1.5 percent and calendar effects by 2.0 percent compared to the same period last year. Compared to the previous month,...
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World Poultry Day is May 10, a celebration of the poultry profession
On the initiative of Hungary, the poultry profession celebrates World Poultry Day on 10 May. The event aims to draw attention to the players in the poultry sector, who are...
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Premium income from agricultural insurance increased last year
In Hungary, farmers paid 16 billion HUF in plant insurance premiums to insurers in 2020, 16.7 percent more than in the previous year, the premium income of the animal insurance...
Read moreITM: online retail broke another record in March
Internet and parcel sales in Hungary surpassed all previous performance for the third time in one year. The peak of 114 billion in April last year was passed on by...
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Planet Budapest 2021: Sustainability also brings a turning point in business
The performance of the economic sectors dealing with the development of sustainable innovations may increase by 25 percent per year in the next period. oOne of the thematic focus points...
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Retail sales in the euro area and the EU increased in March
Retail sales in the euro area grew more than expected in March, according to a quarterly report from Eurostat, the European Union’s statistical office. Turnover from mail order and internet...
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Disposable can be sustainable
Essity the Swedish-German company strives for responsible and sustainable operations, taking into account the expectations of consumers and retail partners as well. Social responsibility is achieved by improving family wellbeing,...
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We are not prepared for long-term illnesses and deaths – we would live up to our savings in a short 3 months!
The health status of the population has already been alarming, regardless of the coronavirus epidemic, which has caused many deaths: half of Hungarians are struggling with various chronic diseases, and...
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SAP’s new SME-specialized software package is also available in Hungarian
Thousands of businesses in 90 countries now use SAP Business ByDesign, which will be available in Full Hungarian by 2021. This may be the best solution for businesses that are...
Read moreKSH: changes in the calculation of core inflation
Taking into account European best practices, the Central Statistical Office (KSH) will change the range of products and services used to calculate core inflation from April: in the future, changes...
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Takarékbank: personal loan lending may increase to fivefold by the end of the year
After the pandemic subsides, the demand for personal loans may increase, the volume of 5 billion HUF placed with Takarékbank by the middle of April may jump fivefold by the...
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AM: successful small business tender
More than 1,000 farmers have already won support in the small-scale tender, said Minister of Agriculture Nagy István, according to the ministry’s statement on Wednesday. The Minister drew attention to...
Read moreLogistics companies are pushing for more effective control of transport
Licensed non-EU carriers cause hundreds of billions of forints in revenue loss in the domestic carrier market and ten billion forints revenue loss to the budget due to non-payment of...
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The hourly rate for blue collar workers has not yet reached the level of HUF 1400
In the first quarter of this year, the average gross hourly wage of skilled and trained manual workers was HUF 1,388, according to Trenkwalder’s analysis of wage data for nearly...
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Customers return with new strategy after forced closure
The attendance of the technical stores is approaching its pre-closure period. The company was waiting for visitors with stockpiles. Since the stores reopened, shoppers have been buying technical items like...
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The Hungarian company car market is holding up: company leaders are thinking almost exclusively about buying new cars
As a result of the coronavirus outbreak, a third of Hungarian ceos took a waiting position on the expansion of the company fleet and postponed the purchase of cars, while...
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