News and articles

Significantly less fruit is ripe in the EU

Half of the EU’s watermelon crop comes from Spain and Italy, which also supply 30% of Europeans’ melons. According to data from Eurostat, the European statistical office, a total of...

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How well do you know Hungaricums?

The Ministry of Agriculture is launching a Hungaricum game. The aim of the initiative is to draw attention to our national values and the top achievements of Hungarians. A gift package...

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Aldi launches search for ‘official beer taster’ int he UK

Supermarket Aldi is searching for an ‘official beer taster’ to review its new range of beers, which is due to launch on 11 September. The successful applicant will receive four...

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DHL acquires Turkish parcel delivery provider MNG Kargo

DHL Group has signed an agreement to acquire 100 percent of MNG Kargo, one of the leading parcel service providers in Turkey. According to DHL, the acquisition secures a leading...

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ChatGPT was brought down by Brain Bar presenter

The Princeton student wrote an algorithm in three days that can tell if any text was written by ChatGPT. GPTZero already has millions of users, and Edward Tian, along with...

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Beyond the Balaton hedge

When we say Lake Balaton, everyone thinks of Lake Balaton. Rolled in paprika flour, fried in oil. But let’s celebrate Balaton Fish Day with perch instead of pike! At least...

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General Mills doubles vitamin D in cereals following FDA ruling

General Mills announced it is doubling the amount of vitamin D to 20% of the recommended daily value in several of its most popular cereals. The first two products to...

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NAK: the sweetener aspartame can still be consumed in moderation

With a healthy, balanced diet, the presence of the sweetener called aspartame in food and soft drinks should not cause problems – the National Chamber of Agrarian Economy (NAK) told...

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According to the United States, there is no real alternative to Black Sea grain transport

The United States supports efforts to renew Black Sea grain shipments because there is no real alternative to the route, the United States ambassador to the United Nations said on...

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The domestic melon takes everything

Melon harvesting began in the first half of July, and the fruit is of excellent quality this year as well. And by consuming domestic products, we support the livelihood of...

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Viktor Orbán: supermarkets raise prices as price speculators

The big food chains and supermarkets behave like price speculators: they raise prices even in circumstances where there is no basis for it – said Prime Minister Viktor Orbán on...

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GFM: the online price monitoring system already reduced food inflation by 2 percentage points

With the professional support of the Ministry of Economic Development (GFM), the Economic Competition Office (GVH) successfully launched the online price monitoring system on July 1, 2023. The purpose of...

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GVH president: since its launch, more than 650,000 people have visited the online price monitoring site

Since its launch on the first of July, more than 650,000 visitors have visited the website of the online price monitor – said the president of the Economic Competition Authority...

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The economic mood in the Eurozone worsened in July

In July, the economic sentiment index in the euro area worsened to a greater extent than expected, while consumer sentiment improved in line with the preliminary data published a week...

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The cooperation between DVTK and Borsodi continues

The cooperation between DVTK and Borsodi continues, so one of the most popular beer brands in our country remains one of the main sponsors of DVTK in the NB I...

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Big changes may come in the invoicing and VAT declaration practice

The EU’s newly launched package of measures called “VAT in the digital age” (ViDA) may radically change the invoicing and VAT declaration practices of the EU member states. What changes...

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K&H: there is still something to make up for Hungarians preparing for a holiday abroad

Although the impact of the epidemic is slowly starting to fade from tourism, there is still plenty to gain in terms of foreign travel compared to the level before the...

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Food prices rose by 11.0 percent in Germany

In July, inflation eased in line with expectations in Germany based on preliminary data from the German Federal Statistical Office, Destatis. In July, according to experts’ expectations, the consumer price...

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Employment reached a new peak in June

Employment reached a new peak, 31,000 new jobs were created in the domestic primary labor market in one year, the number of public employees decreased by 7,000, and the number...

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The fall barley harvest is over

Due to the rainy weather of the past day, the harvesting work has slowed down, therefore the summer plowing continues without interruption in the fields, said Minister of Agriculture István...

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New executive in the decision-making body of Mercedes-Benz Manufacturing Hungary Kft

Logistics director Hajnalka Szetei took over one of the five executive positions at the Mercedes-Benz factory in Kecskemét from July 1, 2023. His predecessor in the executive position, Péter Mátis,...

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Inflation accelerated in Spain in July

The annual growth rate of consumer prices in Spain accelerated to 2.3 percent in July from 1.9 percent in the previous month, according to preliminary data published by the Spanish...

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Serbia, Bosnia and Croatia are also severely affected by the African swine fever epidemic

More than 34,000 pigs had to be killed in Serbia, Croatia and Bosnia-Herzegovina due to the African swine fever epidemic present in the region, and the competent ministries of the...

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National campaign to promote the consumption of rabbit meat

Get into it” national campaign to promote domestic rabbit meat consumption in the Auchan department store in Soroksár. At the event, Péter Ondré, managing director of the Agrármarketing Centrum, Róbert...

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Russia’s Magnit To Buy Back Around 21.5% Of Shares From Western Investors

Russian retailer Magnit said it plans to buy back approximately 21.5% of its shares, finalising the results of a tender offer that could enable some Western investors to sell off...

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Favorable mid-year changes in the taxation of primary agricultural producers

From July 15, 2023, the primary agricultural producer may, in addition to certified costs and depreciation, reduce the income from the sale of the equipment used for his activities by...

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Unilever leverages AI to transform plant proteins and vegan innovation

Unilever is exploring precision fermentation to create plant-based products based on mycoprotein with its partner, Enough. “We are continuously expanding the number of products that we have in our plant-based...

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IGD: Total food and drink market moving towards recovery by 2025

The total UK food and drink market is predicted to be worth £315.2bn by 2028, experiencing a growth of 19% from 2023 (£265bn), according to a unique new forecast from...

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The main goal remains the abolition of undivided common land ownership

Accelerating the liquidation of undivided common land ownership is still an important goal for the Ministry of Agriculture, with which the Hungarian property policy aims to remedy more than thirty...

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PENNY stores will accept SZÉP cards as a means of payment from August

PENNY gives its customers more again: in accordance with the government decree, the store chain enables payment with the Széchenyi Pihenő Card in all 229 units in Hungary. Thanks to...

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