News and articles
KPMG: Lots of coal, less natural gas, slightly more renewables in last year’s global energy mix
While it increased by roughly one percent worldwide, primary energy consumption in Europe decreased by almost four percent, according to the Statistical Review of World Energy research conducted by the...
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8 percent more sunflower seed production is expected in the EU
Oil World expects a worldwide sunflower seed harvest of 56.7 million tons (+3 percent) in 2023/2024. financial year. The global output may be 0.5 million tons below the indicated consumption of...
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Rossmann tests artificial intelligence in Germany
As of early November, Microsoft allows German companies to use the artificial intelligence assistant “Microsoft Copilot”. Rossmann is putting it to the test in everyday work. “Microsoft Copilot” is a...
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Consumers want grocers to use AI to help them save money, Dunnhumby finds
More than half of participants in the firm’s latest Consumer Trends Tracker said they share their information with grocers to redeem rewards, up 4 percentage points from earlier this year. Consumers are...
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Beetroot is becoming more and more popular among Hungarian consumers
There is a real superfood on Hungarian soil, beetroot, rich in vitamins and minerals, is being grown by farmers in an ever-increasing area, according to the joint market overview of...
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Beyond Meat conducting strategic review of its operations
Beyond Meat is conducting a strategic review of its global operations as its sales situation deteriorates. In a Nov. 2 announcement, six days before releasing its third-quarter earnings on Nov....
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An outbreak of bird flu has been confirmed in the Hajdú-Bihar county of Nébih
The laboratory of the National Food Chain Safety Office (Nébih) confirmed the presence of a highly pathogenic avian influenza virus in the county of Hajdú-Bihar. The liquidation of the affected stock...
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The EU has sent a request for information about an illegal product to AliExpress
The European Commission sent its request for information to the online trading platform AliExpress on Monday, asking the giant company to provide information on what measures it has taken to...
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What makes procurement sustainable? An expert from Grant Thornton explains
The purchasing area and the purchasers are under increasing pressure in order to integrate sustainability criteria into purchases, support the transition to a circular economy, and the company’s carbon neutrality...
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Péter Szijjártó: German business leaders decide on investments in Hungary based on their experience, not press reports
The managers of German companies do not make decisions about investments in Hungary based on their own experience, not press reports, so bilateral economic cooperation will develop as long as...
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K&H: tax-free saving has become more popular
The social contribution tax (socho), which was introduced in July, reduces the yield of many savings, so the long-term investment account (tbsz) is an even more attractive solution than before,...
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The population’s sense of inflation is decreasing, but still very high
According to the official inflation data, consumer prices rose by 12.2% in September compared to the same period of the previous year. Compared to this, according to a representative survey...
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Januártól jönnek a kötelező visszaváltási díjas termékek
From January 1, 2024, the mandatory redemption system will start, which affects beverage products with a capacity of 0.1-3.0 liters in plastic, metal or glass packaging. The redemption fee –...
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Az ár győzött a tápérték felett
Folytatódik-e Magyarországon a tendencia, miszerint a magyar háztartások egyre tudatosabban és fenntarthatóságra törekedve vásárolnak? És vajon mennyire nyomja rá a bélyegét táplálkozási szokásainkra a jelenlegi inflációs környezet, amely Magyarországon a...
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Delta Systems strengthens with Samsonite products
Delta Systems Kft. signed a strategic cooperation agreement with Samsonite Hungária Kft. With the current strengthening of the business relationship between companies offering high-quality solutions and products, Delta Systems Kft....
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Waberer’s sales increased in the first nine months of the year
Despite the unfavorable economic environment, Waberer’s International increased its sales in the first nine months of the year, and its profit before regular interest and taxes (EBIT) exceeded last year...
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Information from the Chamber of Agriculture helps you plan the autumn and next year’s sowing
Next year, farmers will no longer be exempt from the new EU regulations on crop rotation and the designation of non-productive areas, but they can find out about the changes...
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Carrefour Completes Acquisition Of Cora In Romania
Carrefour has completed the acquisition of all activities of the Cora brand in Romania. The deal will see Carrefour taking over 10 hypermarkets and nine convenience stores and integrating more...
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The autumn harvest in Békés county has ended
The autumn harvest in Békés county has ended. Farmers are unhappy because of the low purchase prices and the damage caused by overgrown pucks. The harvesting of sunflowers and...
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Germany: Ritter Sport launches new chocolate from January
The confectionery manufacturer Ritter wants to drive its business forward with a new product. It is to be a so-called large chocolate bar with very special contents, as Lebensmittel Zeitung...
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Polish Shoppers Turn To Store Brands To Save Costs, Study Finds
Most Polish consumers have changed their way of shopping for FMCG products and are turning to private labels to save money. Close to a half of consumers (47%) shopped at...
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Fertilizer sales prices decreased further 2023 VII-IX.
In the months of 2018, compared to the volume sold in the same period a year earlier, 66 percent more fertilizer was delivered to farmers. Within the product range, the turnover...
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FAO: International food prices stagnated in October
The international index for food prices ended October with a minimal – half a percent – decrease, only dairy products rose in price – reported the Food and Agriculture Organization...
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This year, the National Association of Large Families and the CBA are organizing a fundraiser for families with small children
The joint fundraising campaign of the National Association of Large Families (NOE) and the CBA and Príma store network called “Young people for families with small children” started on Friday...
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Domestic small-scale breweries are closing one after the other
In the past ten years, a real revolution has taken place in the beer market in Hungary. In parallel with the flourishing of beer culture, high-quality Hungarian small-brewery beers, beer...
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K&H: a good third of young Hungarians are satisfied with their lives
The index reflecting the mood of Hungarian youth has now dropped from 20 points measured at the beginning of the decade to 11 points, although there has been little change...
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Kristóf Steiner and Gianni Annoni discuss the future of plant-based food
The Plant-Powered Perspectives conference will be held for the third time on 14 November 2023. This year, Hungary’s number one innovative plant-based food event will focus on hospitality, with talks...
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“Ecology and economy, two sides of the same coin” – Bertrand Piccard at the BCSDH’s exclusive CEO business breakfast
30 business leaders talked with explorer Bertrand Piccard on November 2nd at the MagNet Community House. Piccard is best known for being the first person to circumnavigate the globe in...
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Dumping of Egyptian and Chinese garlic is expected
Over the past few years, the amount of garlic produced in Hungary has decreased by a third. Meanwhile, garlic imports have multiplied, and last year we imported six times more...
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Another price reduction at ALDI: the most popular frozen fruits will be cheaper
ALDI Hungary has announced another price reduction, this time reducing the price of mirelit products. The discount chain achieved lower purchase prices for five types of frozen fruit than before,...
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