Events
Own webshop or online marketplace?
Date: 2025-01-13 10:41:46
In a growing number of countries there is a trend of online marketplaces offering a selection of various private labels in one place. This article is available for reading in...
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Bird flu has reappeared in Hajdú-Bihar County
Date: 2025-01-13 10:00:41
The laboratory of the National Food Chain Safety Office (Nébih) has detected the presence of bird flu virus in Hajdú-Bihar County. The eradication of the affected goose herd has been...
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The loan portfolio of agriculture and the food industry also decreased
Date: 2025-01-13 09:30:44
The loan portfolio of corporate enterprises in the national economy increased by 3.5 percent to HUF 12,741.0 billion in one year. Within this, the value of foreign currency-based loans increased...
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Carrots and parsley root are also in demand on the domestic market
Date: 2025-01-13 09:00:52
Although carrots and parsley root are everyday products for us, their production requires special knowledge and technology. At the same time, domestic producers, in addition to serving the domestic market...
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Quick commerce booms in India as consumers seek faster deliveries
Date: 2025-01-12 09:47:03
The demand is particularly high amongst younger consumers. Quick commerce in India is rapidly transforming the retail industry, with growing demand for fast delivery of daily essentials, according to GlobalData....
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REWE Group Revamps Digital Loyalty Programmes
Date: 2025-01-12 09:40:13
REWE Group has announced a new format for its digital loyalty programmes for both REWE and Penny customers, leveraging data-driven technologies to better deliver personalised offers. According to the retailer,...
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Lactalis to close factory in Zambia
Date: 2025-01-12 09:30:45
The dairy group has cited “market dynamics”, according to a government minister. Lactalis has decided to shut a factory in Zambia, the country’s government has said. The dairy group has...
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KSH: retail turnover in November exceeded the same period of the previous year by 4.1 percent and the previous month by 0.6 percent
Date: 2025-01-10 14:57:13
In November 2024, the volume of retail trade turnover increased by 3.7 percent according to raw data, and by 4.1 percent adjusted for calendar effects, compared to the same period...
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NGM: Public confidence is apparently starting to return
Date: 2025-01-10 14:35:16
The government is working to improve the economy so that families can manage with more money and thus consume more – this is how the Ministry of National Economy (NGM)...
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Fidelity Outlook 2025: The US is ready for reflation
Date: 2025-01-10 14:29:46
The Republicans’ landslide victory in the November election has significantly changed the economic outlook for 2025. For much of 2024, we considered a soft landing in the US as our...
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GKI analysis: We are further away from eurozone membership than we were 10 years ago
Date: 2025-01-10 14:12:25
Hungary committed to adopting the euro when it joined the European Union. Below, we analyze the fulfillment of the four key criteria required for joining the eurozone. The budget deficit...
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Sixfold difference between settlements – Development of net earnings in 2023 by settlement
Date: 2025-01-10 13:33:15
The GKI examined the development of net earnings by settlement in 2023. This year, real earnings decreased, but this was not uniform by settlement. Net earnings were highest in the...
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We spent nearly one hundred thousand forints on food during the holiday season
Date: 2025-01-10 13:24:20
Christmas preparations determined the turnover of the Kifli.hu online supermarket in December 2024. The demand for home baking, premium products and special holiday dishes was outstanding, but the purchase frequency...
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FAO’s global food price index fell in December
Date: 2025-01-10 13:12:17
The global food commodity price index fell in December, driven by lower international sugar prices, the Food and Agriculture Organization of the United Nations (FAO) said today. The FAO food...
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MNB: inflation will rise temporarily, but may remain within the three percent range in 2025
Date: 2025-01-10 12:54:45
Inflation in Hungary will rise temporarily in the coming months, but will mostly remain within the 3 percent target range for the whole of 2025; from the second half of...
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Eurozone inflation rises to highest level since July in December
Date: 2025-01-10 12:45:40
The eurozone inflation rate rose for the third consecutive month in December, according to the first estimate based on preliminary data published by the European Union’s statistical office, Eurostat, on...
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Bank360: Important financial changes are coming in January 2025, here is the list
Date: 2025-01-10 12:39:02
It is difficult to list how many changes will occur in our everyday finances from January 1, 2025. Bank account fees will increase, the maximum APR for loans will decrease,...
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AM: Producer protection will be renewed from January 1st
Date: 2025-01-10 12:30:03
From the beginning of the year, new rules promoting fair business relations will improve the position of small farms and producers vis-à-vis buyers. Thanks to the producer protection package, farmers...
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BMI: Moderate expansion in December
Date: 2025-01-10 12:16:42
The Purchasing Managers’ Index (PMI) seasonally adjusted December value is 50.6. Compared to the previous December monthly values, this year’s value is lower than the long-term average for this month...
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Applications are now open for the Environmental Protection Award
Date: 2025-01-10 11:58:38
The Association of Environmental Service Providers and Manufacturers recognizes the activities of the most outstanding professionals in the field of environmental protection every year. With the Environmental Protection Award, which...
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Csaba Balázs Rigó: the GVH imposed fines of more than four billion forints this year
Date: 2025-01-10 11:36:05
The Hungarian Competition Authority (GVH) has imposed fines of more than four billion forints this year, the organization’s president said in an interview published in Magyar Nemzet on Saturday. In...
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NGM: the government is working to strengthen domestic industry, which is being held back by the crisis in the German economy
Date: 2025-01-10 11:35:03
The government is working to strengthen domestic industry, which is being held back by the crisis in the German economy, the Ministry of National Economy (NGM) emphasized in its analysis...
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SPAR Hungary also made its mark at one of the largest Hungarian gin festivals in Budapest
Date: 2025-01-10 11:34:37
The IV. Gin Market Budapest awaits visitors with more exhibitors than ever before, in an impressive new location, on June 13-14, 2025. The organizers are expecting around 10 thousand guests...
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Bank360: Banks are already rushing to provide workers’ loans
Date: 2025-01-10 11:24:30
Most banks did not wait a minute, they announced their workers’ loans on the first day of January. The conditions are similar due to legal constraints, but there are significant...
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Tokaj and Eger producers won the Hungarian Wine Grand Prix
Date: 2025-01-10 11:19:06
In the white wine category, the 2021 Csontos Furmint from Bott Pince in Tokaj, and in the red wine category, the 2019 Agapé Nagy-Eged-hegy Grand Superior from Eger in St....
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EM: you can apply for the popular green energy subsidy for one more week
Date: 2025-01-10 11:08:42
There is still one more week to apply for the popular green energy subsidy, the Ministry of Energy (EM) has announced. According to a statement sent to MTI, the opportunity...
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LG and Microsoft sign strategic agreement in AI field
Date: 2025-01-10 10:48:34
LG has announced a strategic partnership with Microsoft at CES 2025, showcasing its vision for everyday life infused with AI services. LG Electronics (LG) has entered into a strategic partnership...
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NAK recommends giving preference to Hungarian products when buying sausages
Date: 2025-01-10 10:40:46
The National Chamber of Agriculture and Food (NAK) also recommended giving preference to Hungarian products when choosing New Year’s Eve sausages, because they are traceable, continuously controlled, and designed for...
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The first One Hungary brand store opened in Budapest
Date: 2025-01-10 10:09:29
After more than a year and a half of preparatory work, One Magyarország, a member of the 4iG group, opened its first “flagship” brand store on Monday in the Westend...
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Despite the droughts, the productivity growth of Hungarian agriculture is at the forefront of the EU
Date: 2025-01-10 10:00:36
Despite the natural disasters of recent years, the productivity growth of Hungarian agriculture is at the forefront of the entire European Union according to several data sets, as it has...
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