News and articles
In the first quarter of 2024, the performance of investments decreased by 9.6 percent
According to the raw data, the volume of investments in the first quarter of 2024 was 9.6 percent lower than the same period of the previous year. Compared to the...
Read more
KSH: a bruttó átlagkereset 658 400 forint volt 2024. márciusban, 13,9 százalékkal haladta meg az egy évvel korábbit
In March 2024, the gross average salary of those employed full-time was HUF 658,400, and the net average salary calculated with allowances in mind was HUF 452,700. The gross average...
Read more
Danone US to discontinue two plant-based milk alternatives
The decision to stop the production of Silk Nextmilk and So Delicious Wondermilk comes as sales of the alternative category fell in 2023, after four consecutive years of growth. This...
Read more
Nádudvari Élelmiszer Kft.: Significant Growth Amid Challenges
In 2023, Nádudvari Élelmiszer Kft., a member of the Nagisz Group, achieved significant growth both in revenue and profitability. The company’s net revenue increased to approximately HUF 20.6 billion, a...
Read more
The EU fined the food manufacturer Mondelez 337.5 million euros for the use of trade restrictions
The European Commission imposed a fine of 337.5 million euros (about 135 billion forints) on the American food manufacturer Mondelez for restricting the trade of various chocolate, biscuit and coffee...
Read more
The awards of the Brillante-2024 International Distilled Competition were presented at the Gyula Pálinka Festival
The prizes of the Brillante-2024 International Pálinka and Párlat Competition were presented at the Gyula Pálinka Festival – the organizers informed MTI. The most successful rental brewery in 2024 was...
Read more
CETIN Hungary closed a successful year
CETIN Hungary Zrt. successfully closed its third full business year. The independent, integrated telecommunications infrastructure provider significantly increased its investments, sales and profits. The company plans to spend nearly HUF...
Read more
The drought was eased by the stormy Whitsunday weekend, JÉGER’s operation was needed across the country
The soil generators operated by the National Chamber of Agriculture (NAK) did not rest during the long Pentecost weekend. The operation of the National Ice Damage Mitigation System (JÉGER) was...
Read more
K&H: more than a fifth of young people are unable to put it aside
The overall picture of young people’s savings remains mixed according to the K&H youth index. The vast majority of them, 78 percent, put it aside regularly or occasionally, while 22...
Read more
Germany Supports Closing Loopholes Favoring Chinese E-commerce Growth
Germany endorses a European Union proposal aimed at tightening the tax exemption rules that have aided the expansion of Chinese e-commerce platforms like Temu and Shein. Currently, packages valued under...
Read more
Matteo Mancuso is the star performer of the Paks Gastroblues Festival
Sicilian guitar virtuoso Matteo Mancuso is the star performer of this year’s, now 32nd, Paks International Gastroblues Festival. From July 1 to 7, the public can hear fifty concerts on...
Read more
The producer price of slaughter cows is 24 percent lower than a year ago
According to AKI’s slaughter statistics data, cattle slaughter in January-March 2024, expressed in live weight, decreased by 14.8 percent compared to the amount in January-March 2023. Cows, which account for almost...
Read more
Competition Office: Natur Tanya may have misled consumers with claims about health effects
Due to the alleged violation of the prohibition of unfair commercial practices towards consumers, the Economic Competition Office (GVH) initiated a competition supervision procedure against Natur Tanya Hungary Kft. and...
Read more
UBM: the domestic feed industry can expand by nearly 20 percent in 2024
The prospects for the Hungarian feed industry in 2024 are favorable: the decrease experienced in 2022 and 2023 may be followed by a rebound this year, and with an expected...
Read more
MATE is developing its training infrastructure with almost HUF 3 billion
The Hungarian University of Agriculture and Life Sciences (MATE) will spend almost HUF 3 billion to develop the infrastructure of practical training on its three largest campuses, the institution announced...
Read more
KPMG: This is where the path of service centers through technology leads
Significant changes have taken place in the Hungarian service industry sector in twenty years. The initial SSCs (Shared Services Center) now not only provide high added value (SSC 2.0), but...
Read more
Agrometeorology: plants grow well in warm, rainy weather
The weather that turned rainy a week ago and the warm weather is good for grain in the phase of grain growth and intensively growing crops, but at this time...
Read more
McCain to invest in potato production in France
McCain said it aims to step up its investment and presence in France with the project and “anticipate the future needs of the French market”. McCain Foods, the Canada-based frozen...
Read more
AM State Secretary: a competitive, crisis-proof and farmer-friendly EU agricultural policy is needed
European farmers need a competitive, crisis-resistant and farmer-friendly EU agricultural policy, and Hungary will represent these aspects during its EU presidency, the Secretary of State for Agriculture and Rural Development...
Read more
Ahold Delhaize Pledges To Boost Omnichannel Sales, Raise Private-Label Share To 45%
Ahold Delhaize is seeking to drive omnichannel loyalty sales penetration to more than 80% by 2028, and increase the share of private-label sales to 45% of its total assortment, as...
Read more
Action focuses on Central & Eastern Europe
Action plans to increase the pace of expansion. Poland is one of the most important investment countries for the non-food discounter. Despite fierce competition in the segment, the retailer achieved...
Read more
Brits to spend £2.4 billion on beer during Euros 2024 tournament
Brits are estimated to drink 604.5 million pints during this summer’s 2024 Euros tournament, new research finds, with spending predicted at £2.4bn over the 33 day championship. Takepayments, a digital...
Read more
Exports of shell eggs rose by 58 percent
According to data from the European Commission, the packing point price of table eggs in the EU was 224 euros/100 kilograms in the first nineteen weeks of 2024, 13 percent...
Read more
„VEDD A HAZAIT!” dairies
In 2024 we are adding two more products to our new VEDD A HAZAIT! brand, 20% 330g sour cream and 450g cottage cheese. Contact: Naszálytej Zrt. 2600 Vác, Deákvári fasor...
Read more
Ministry of Agriculture: the Hungarian food industry is developing based on good European examples
After the decline following the regime change, the domestic food industry must be strengthened again. The government will allocate 750 billion forints of the approximately 1,500 billion forints in tender...
Read more
General assembly and meeting
The annual general meeting of POPAI Hungary was held in the SPAR Pávaház training room, with more than 80% of members present. General secretary Ildikó Kátai presented the report about...
Read more
MNB: the stock of green loans reached a peak last year
Through the Magyar Nemzeti Bank’s (MNB) Green Capital Requirement discount program, banks issued almost HUF 880 billion in loans based on the total at the end of 2023, said the...
Read more
Children’s Day: Hungarian parents buy gifts between HUF 5-10,000
The game, the experience and the book are the most popular children’s day gifts for Hungarian families – according to a recent research by REGIO JÁTÉK. With the arrival of...
Read more
The new domestic Rossmann base is already in the process of structural construction
The management of Rossmann, together with the investor, the developer and the contractor, set up the first pillars of the 32,000 square meter drugstore base on May 9, in Üllő....
Read more
By exempting menstrual products from VAT and donating them, Tesco supports the reduction of extra expenses for women
On the occasion of the upcoming Menstrual Hygiene Day on May 28, 2024, Tesco will waive VAT from the price of all its own-brand female intimate hygiene products from June...
Read more
