News and articles
Hungary exceeded the target number for the collection of packaging materials contaminated with plant protection agents
Hungary has exceeded the target number for the collection of packaging materials contaminated with plant protection agents – MOHU MOL Hulladékgazdászólji Zrt. announced in a joint statement to MTI with...
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Hungarians don’t really want to pay in cash anymore
In the first quarter of 2024, the number of Hungarian bank card cash withdrawals barely exceeded 20.6 million, which means an average of two transactions per card in three months....
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According to forecasts, 300,000 people may be missing from the Hungarian labor market by 2030
At a recent conference held by the Employers and Industrialists National Association (MGYOSZ), Sándor Czomba, State Secretary of the Ministry of National Economy, reported that Hungary could face a shortage...
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This year’s Russian grain harvest could be the lowest since 2021
This year’s Russian grain harvest may be the lowest since 2021, according to a report presented on Wednesday by SovEcon, a Russian economic research company specializing in the study of...
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The Hungarian recovery of bales contaminated with plant protection agents was successful
In 2023, the MOHU Mol Waste Management Co. achieved a record-high 77% collection rate for pesticide-contaminated packaging in Hungary, surpassing international benchmarks. This success is attributed to the company’s concession...
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AI didn’t work out for McDonald’s
McDonald’s has announced that it will end its AI-powered ordering technology at its US drive-thru restaurants. The decision came after customers shared funny jokes about the system online. The technology,...
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New crops may conquer farmland
Sweden’s OlsAro, a start-up developing crop varieties resistant to environmental stressors, plans to launch a salt-tolerant wheat variety in the near future. This article is available for reading in Trade...
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The number of Hungarian businesses is decreasing
The number of Hungarian businesses is decreasing, i.e. terminations and liquidations exceed the number of newly founded companies, which may be due to insufficiently careful business planning or even inefficient...
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NAV: the same tax rules apply to students taking up summer work as to other employees
The same rules apply to the reporting and taxation of students who undertake summer work – with the exception of work undertaken through the student cooperative – as for other...
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Márka Dragon Fruit and Cactus Limonádé
In 2024 Márka continued to develop and expand its Lemonade product range. In addition to developing two new flavours – Dragon Fruit and Cactus – we have completely renewed the...
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A garden robot can also be a solution to the labor shortage
Customers are increasingly looking for premium, automated solutions in garden care as well. Thanks to smart sensors and data-driven systems, precise and time-saving solutions are available in gardens that reduce...
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From July 7, big changes are coming to the new car market, companies and motorists can count on this
From July 2024, only newly manufactured vehicles can be put on the market in Europe that have the prescribed, advanced safety and driving support systems. According to EU legislation, all...
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Promotions are increasingly important
Promotions are becoming increasingly important: in 2023 promotional sales already accounted for 32% of total sales and this figure is expected to increase further in 2024. Tünde Turcsán, managing director...
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Euro zone inflation rose to 2.6 percent in May
Inflation in the Eurozone was 2.6 percent in May, exceeding April’s 2.4 percent, the statistical office of the European Union, Eurostat, announced as final data on Tuesday. A year earlier,...
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Rising Costs and Declining Quality Hinder Use of Reusable Products, New Study Shows
Nearly 70% of people are willing to purchase reusable products, but nearly the same number say high prices have kept them from doing so, according to a new survey from...
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Hungaricums: szaloncukor and Aranyfácán tomato paste
“Hungaricums and national values are not only important for the sake of preserving heritage. These uniquely Hungarian characteristics represent us and help in our survival,” said István Nagy, the Minister...
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Balázs Hankó: the goal is for Hungary to be among the top 10 innovators in the world by 2030
The government’s goal is for Hungary to be among the top 10 innovators in the world by 2030, said Balázs Hankó, the future Minister of Culture and Innovation, on Tuesday...
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József Bock received the Lifetime Achievement Award of the Hungarian Wine Academy
Villány winemaker József Bock received the Lifetime Achievement Award of the Hungarian Wine Academy (MBA) on Tuesday in the Parliament. At the award ceremony, Minister of Agriculture István Nagy thanked...
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National tobacco shops further increase their share in FMCG sales
FMCG sales by National Tobacco Shops exceeded HUF 187bn in April 2023-March 2024, growing by 13% compared to the previous period. This has put the tobacco shop sales channel in...
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The cherry consumption promotion campaign has started
While last year it was later than expected, this year the cherry season started earlier than usual due to the weather conditions. For this reason, the Agrármarketing Centrum (AMC) campaign...
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A business can even double its company value if it uses its data assets well: 4 tips from the expert
After the initial frenzy, the picture is becoming increasingly clear as to how a business, regardless of industry, can gain concrete monetary benefits with the help of the latest achievements...
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EY: Customers fear data theft – global research
More and more customers are worried about the leakage of their data provided during the purchase, which forces retailers to take action as well, according to EY’s latest international survey...
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Targeted subsidies help domestic potato cultivation
It is a priority to ensure that domestic potato production is competitive and that farmers have an adequate commodity base – said Sándor Farkas, Deputy Minister of the Ministry of...
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NAV: a license is not required for the non-commercial transport of excise goods in the EU
The National Tax and Customs Administration (NAV) told MTI on Tuesday that a private person does not need a permit for the non-commercial transport of excise goods – such as...
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The price of eggs at the packing point is 19 percent lower than a year ago
According to data from the European Commission, the packing point price of table eggs in the EU was 220 euros/100 kilograms in the first twenty-three weeks of 2024, 13 percent...
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The summer “cucumber season”, the vacation period, has begun
The summer “cucumber season”, the period of vacations, has begun, but summer does not mean a lack of events, since new labor is needed at this time as well, and...
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István Nagy: the starting point of Hungarian agriculture is quality production
In the ever-stronger international competition, the starting point of Hungarian agriculture can be the increase of added value and the level of processing, the production of high-quality food, said István...
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Lidl to increase plant-based product sales in Belgium by cutting prices
From 15 May Lidl permanently reduces the prices of its plant-based milk and meat alternatives to bring them in line with animal products. Plus the share of plant-based protein sources...
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40 Budapest restaurants and 16 bistros offered gypsy music with their meals on the Dankó Pista Memorial Day
The Dankó Pista memorial day ended successfully: almost half a thousand musicians from around 100 gypsy bands played for 303 hours in nearly 80 restaurants in the capital – the...
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Another restaurant received a Michelin star in Slovenia
Ana Ros, the chef of the Hisa Franko restaurant, was able to keep her three Michelin stars, the Milka restaurant led by chef David Zefran was able to keep her...
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