News and articles
Dr Oetker coy over plan to sell soy chunks brand in Romania
The frozen pizza maker wants to sell its soy pieces brand Inedit to a subsidiary of Austrian investment holding group Raiffeisen. German frozen pizza and baking goods manufacturer Dr Oetker...
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Lidl Unveils ‘Italy’s Greenest Supermarket’
Lidl Italia has opened what it describes as Italy’s most eco-friendly supermarket outlet. The new supermarket in Villafranca di Verona, which replaces the existing Lidl store at the same location,...
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New agricultural investment decisions worth HUF 10.8 billion were made
In the past few days, the Ministry of Agriculture made support decisions worth 10.84 billion forints in relation to 171 more requests in connection with the calls announced within the...
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Significant ecommerce growth in Turkey
Online spending in Turkey more than doubled last year, the Ministry of Commerce reports. Significant growth is expected again this year. This is largely the result of inflation, but there...
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The irrigation plant of Talentis Agro Zrt., built with 1.7 billion forints, was handed over
The government will give farmers all the help they need to adapt to the challenges of climate change and to increase the cultivation of crops with greater added value –...
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Mere is really here: this is what you can know about the store opening
The Russian discount store chain, Mere, is preparing to open its first stores in Hungary, challenging existing market leaders like Lidl and Aldi. Mere’s plans involve initially setting up 15...
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The poultry sector had a difficult year
2023 was a challenging year for Hungary’s poultry industry, as reported by Agrárszektor. Despite a significant reduction in energy and feed costs, the sector faced substantial losses due to avian...
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BMI: Moderate expansion in May
The seasonally adjusted May value of the Purchasing Manager Index (BMI): 51.8. Compared with the previous May values, this year’s value is lower than the long-term average for this month...
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An efficient and competitive dairy industry is needed
The time has come to develop the domestic dairy industry, we need investments that improve efficiency and increase the competitiveness of the sector’s players. The goal is to regain the...
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This is what Hungarians order online when the weather is good
According to the latest data, the weather has a significant impact on shopping habits in Hungary and neighboring countries. Based on data from Árukereső.hu, with the approach of warm weather,...
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A severe decline in the business performance of large DIY stores in 2023
In 2023, major hardware store chains in Hungary faced significant financial challenges, marked by substantial declines in profits and revenue across the industry. Obi reported the least severe decline, with...
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Challenges in the Hungarian Wine Industry: An In-Depth Analysis of the 2023 Fiscal Year
The Hungarian wine industry, facing years of declining sales, increased administrative burdens, and rising costs, has been unable to implement price increases effectively. As of the May 31 deadline for...
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Dreamy – sonorous headline, or does it really exist?
In a dream workplace, we feel good most of the time, we are valued financially and professionally, we are entrusted with tasks that match our abilities, and our personal life...
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Salt Budapest won the Restaurant of the Year award
Salt Budapest won the Audi – Dining Guide Restaurant of the Year award, considered one of the most prestigious accolades of Hungarian gastronomy, at the award ceremony held in Budapest...
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Shein is preparing for the London Stock Exchange, America would ban them
Chinese online fashion retailer Shein plans to list on the London Stock Exchange (LSE) after the US political environment would be hostile to the company’s New York IPO. Shein, which...
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A new manager was appointed to head the Continental factory in Makó
From June 1, 2024, József Hrubi will perform the management duties of the Makó factory unit of ContiTech Fluid Automotive Hungária Kft., a member of the Continental company group. The...
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In the first quarter, the number of pigs slaughtered in slaughterhouses increased
1,160,000 pigs were slaughtered at Hungarian slaughterhouses in the first quarter of 2024, 6.2 percent more (+67,000 pigs) than in January-March 2023. The total live weight of slaughtered animals was...
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Information about changes in direct area-based subsidies during the year
The Ministry of Agriculture informs agricultural producers and the relevant contributors that several regulations affecting the direct support entitlements of the Common Agricultural Policy are already changing favorably for producers...
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Another travel agency pulled down the shutter
Beontrips Kft., a well-known travel organization and intermediary company, announced that it went bankrupt and at the same time suspended its activities. The Budapest Capital Government Office has already removed...
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An efficient, innovative and competitive dairy industry is needed
The time has come to develop the domestic dairy industry, we need investments that improve efficiency and increase the competitiveness of the sector’s players. The goal is to regain the domestic...
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Tesco tattoos avocados to reduce environmental impact
Tesco is replacing the stickers on its extra-large avocados with barcodes drawn on by lasers in a bid to limits its environmental impact. The trial with the UK’s main avocado...
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Significant Hungarian involvement in international advertising self-regulation
The European Association of Self-Regulatory Organizations (EASA) has elected a new presidency. They elected an Irish president, Orla Towney, head of the Irish advertising self-regulatory organization (ASAI). ÖRT general secretary...
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Business sentiment in German retail improved slightly in May
In May, the German retail industry business sentiment index of the ifo economic research institute of the University of Munich improved somewhat. Based on the results published on the website...
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This year, student workers can expect a gross hourly wage of 1,500-2,500
Only a few more weeks and the summer vacation is here, which for thousands of students would mean cloudless freedom and study-free weekdays. But there are people who want to...
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Registration for this year’s Summer Student Work Program has begun
Since 2013, the government has been announcing the Summer Student Work Program with unbroken success, for which eligible persons can apply for a HUF 3.8 billion budget this year –...
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Composts and peat moss sold the most
Among the observed yield-enhancing categories, producers purchased the largest quantities of various composts and peat. This accounted for three quarters of the total sales examined. In second place, based on...
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Price Difference Between Organic And Conventional Food Narrows, Study Finds
The price difference between organic and conventional food items has reduced from 63% to 48% over the past five years in the Netherlands, according to a new survey by the...
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Tesco recalls red beans
Due to pesticide residue levels exceeding the limit, Tesco-Global Zrt. has recalled the 500 gram TS red kidney beans from the market, the National Food Chain Safety Office (Nébih) reported...
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Hungarian milk production has reached the forefront of Europe
Domestic milk production reached the forefront of Europe by renewing the technological background;based on sales and employment, the dairy industry is one of the largest and increasingly important sectors of...
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Valio planning to invest €60m in Finland cheese facility
Valio said, the investment is intended to replace the current manufacturing apparatus, which has reached the end of its technical service life. Finnish food major Valio has announced plans to...
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