News and articles
MTÜ: a legtöbb belföldi turista Pest vármegyéből indult útnak tavaly
Last year, guests spent more than 19 million guest nights in rural accommodations, most of whom traveled from the Pest county, the Hungarian Tourism Agency (MTÜ) announced based on data...
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Our agricultural cooperation with Uganda can be further strengthened
The conclusion of an agricultural cooperation agreement can further strengthen our country’s agricultural relations with Uganda and pave the way for investors in the African country, said Minister István Nagy,...
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The Future Has Arrived – An Asset Management Yearbook that both evaluates and forecasts
Perhaps there has never been as much change in the world of asset management as in 2023. Prepared: 2024. Global challenges, inflations, wars, the stagnation of normally successful sectors, the...
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Banana cultivation faces global challenges
The World Banana Forum (WBF), the global forum of the United Nations (UN) dealing with banana production and sales, met in Rome this week. The purpose of the forum was...
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McDonald’s IT system failed in several countries
A core IT system at McDonald’s has failed, causing technical problems at many restaurants in Japan, Australia and Hong Kong. In the Hong Kong network of the franchise, for example,...
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NAV: the rules for sales must also be observed on the marketplaces of social networking sites
A man sold gold jewelry owned by his father’s company without an invoice or receipt on social media platforms; following an inspection by the National Tax and Customs Administration (NAV),...
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EU agency: climate risks require urgent action
The climate risks experienced in Europe require urgent action, as prolonged droughts pose a significant threat to crop production, food security and drinking water supply, the European Environmental Protection Agency...
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Even stricter rules apply to the import of Ukrainian honey, eggs and poultry
The European Parliament tightened the import of agricultural products from Ukraine, extending the restrictions to poultry, sugar, eggs, as well as cereals and honey. The purpose of the decision is...
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Farmers can give their comments to the European Commission until April 8
The Ministry of Agriculture is fighting with all possible means in Brussels to simplify the EU rules of the Common Agricultural Policy. Now it’s the farmers’ turn to directly indicate to...
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Agrometeorology: there is a chance for a cold wave and night frosts next week as well
The vegetation that developed 3-4 weeks before the usual time survived last week’s cold wave without any serious frosts, but the cold air masses of arctic origin are not far...
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Target to launch paid membership program to rival Amazon Prime, Walmart+
Target Circle 360 will cost $99 a year and comes as the retailer plans 300 new stores in the coming decade. Target on April 7 plans to debut Target Circle...
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Bimbo, PepsiCo make most ethical companies list
The Ethisphere Institute has named Grupo Bimbo de CV, Ingredion and PepsiCo as 3 of the 136 companies in 2024 to excel in ethical business practices. Since 2007, Ethisphere has...
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Gen Z Consumers ‘Behave Like Boomers’ When Grocery Shopping: Study
Some 59% of Generation Z consumers prefer to shop for groceries in-store rather than online, a similar percentage to those in the Baby Boomer generation, a new study by Clear...
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Let’s keep water in the landscape! NAK is conducting a survey among more than ten thousand farmers operating in low-lying areas
The network of village farmers of the National Chamber of Agriculture conducts a national water demand survey in March. The aim of the survey to be carried out on behalf of...
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Are there really many chemicals in Hungarian food?
Consumers have always demanded cheap, high-quality and preferably chemical-free vegetables and fruits. However, this is often a challenge for agribusiness actors: creating a balance between increasing production efficiency, keeping prices...
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The MOL Group’s sustainability plan is ambitious
Focusing on the future, the Mol Group has set itself ambitious plans in the field of sustainability. According to their updated long-term strategy, called SHAPE TOMORROW, the company will spend...
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Our country’s agricultural relations with Kenya continue to strengthen
Africa can be the world’s largest global food producer, and our country must take advantage of its potential, said István Nagy, Minister of Agriculture, who met with Mithika Linturi, Kenya’s...
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AutoWallis will be the importer of the electric commercial vehicle brand of the Chinese Geely Group in 8 regional countries
The AutoWallis Group continues to strengthen its international position after agreeing on the exclusive distribution of Farizon commercial vehicles manufactured by Geely Auto Group, with a new energy source, in...
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EY: The world economy is not spinning, but company managers are optimistic
The majority of CEOs expect profit growth this year, despite the unfavorable global economic environment, according to EY’s latest international survey of 1,200 CEOs in 21 countries, including France, Germany,...
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KSH: industrial production decreased by 3.6 percent
In January 2024, the volume of industrial production was 3.6 percent lower than a year earlier. Adjusted for the working day effect, production fell by 4.1 percent, the Central Statistics...
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A slow recovery awaits the Hungarian economy
This year, the Hungarian economy started to grow after last year’s decline. However, the speed of recovery is expected to be lower than previously hoped due to the lingering effect...
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The European Parliament adopted the regulation on artificial intelligence
Today, the European Parliament adopted the EU regulation on the regulation of artificial intelligence (AI). Companies that violate the law, which is expected to enter into force this spring, may...
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We try to save the most on online subscriptions and streaming services
Most European consumers are confident about their financial situation, but many, especially younger age groups, find it difficult to save and keep track of monthly expenses. Most consumers try to...
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Press Event in Budapest for the promotion of European vegetables and the European Kaki Fruit
The “MEDITERRANEAN COMBO” campaign continues to expand its presence in Hungary with the aim of enhancing consumer awareness and promoting European fruits and vegetables. For the third consecutive year, a...
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K&H and the Tej Product Council signed a cooperation agreement
At the European Union level, the number of dairy cows may decrease by more than 2 million by 2035, while milk yields per cow will increase. In order for the...
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Beauty day for the needy – the Women’s Day program of the Baptist Charity Service was supported by Rossmann
On the occasion of Women’s Day, a beauty day was organized for disadvantaged ladies living in the institutions of the Baptist Charity Service, mothers’ homes and homeless shelters. At the...
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Elek Nagy was re-elected president of the Budapest Chamber of Commerce and Industry
The representative assembly of the Budapest Chamber of Commerce and Industry (BKIK), which represents nearly 40 percent of Hungarian individual and cooperative enterprises, unanimously elected Elek Nagy as the president...
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Conad gets EUR 25m sustainability loan from UniCredit
Supermarket chain Conad has secured a EUR 25m loan from Italian banking group UniCredit to support its sustainability initiatives, which will be used to purchase goods and stock. Conad has...
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In January, industrial production in the Eurozone fell by the largest rate in ten months
Industrial production in the Eurozone and the EU fell more than expected in January, the largest in ten months, according to a Wednesday report by Eurostat, the statistical office of...
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Ben & Jerry’s new recipe for oat-based ice cream in the US
Ice cream giant Ben & Jerry’s has unveiled a new vegan flavour in the US. This article is available for reading in Trade magazin 2024/2-3 The new dairy-free strawberry “cheesecake”...
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