News and articles
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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The school supplies fair has started at Auchan
The products needed for the start of school have arrived in Auchan stores. Parents and students preparing for school are welcomed with an offer that is unique in the domestic...
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The first shop-in-shop concept Rossmann has opened
Rossmann opened its first shop-in-shop store in the Tesco department store on Fogarasi út, achieving another milestone in business expansion. The new concept is expected to make it even easier...
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Nébih: the restaurants in Balaton are adequate in terms of food safety
Balaton restaurants are adequate from a food safety point of view, the inspectors of the National Food Chain Safety Office (Nébih) found only minor irregularities in the majority – the...
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Things we didn’t know about aluminum cans
Blinds, wires, dishes, foil… well, drink boxes. It can all be made of aluminum. From a raw material that we take in our hands almost every day, and yet we...
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LG achieved the highest second quarter sales in its history
LG Electronics Inc. (LG) today announced second-quarter 2023 consolidated revenue of KRW 20 trillion with operating profit of KRW 741.9 billion. The company recorded the highest second-quarter revenues in company...
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The Agricultural Marketing Center has timed its poultry meat campaign for the summer barbecue season
The summer barbecue season offers countless opportunities to prepare tasty, light dishes with various spices and marinades. Poultry is also a popular grill ingredient, and it can also be prepared quickly...
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EFSA: “Keep plants healthy and protect life
The European Food Safety Authority (EFSA), the European Commission (EC) and their partners are launching the #PlantHealth4Life campaign in the member states of the European Union (EU). The aim of...
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MTÜ: the number of visitors to Balaton in July exceeds the numbers before the coronavirus epidemic
So far, there have been more than 700,000 guests at Lake Balaton in the high season, and thanks to them, the hotels registered 2.4 million nights between June 1 and...
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This year’s melon season is going well
There is an abundant supply on the domestic melon market, and in addition to the quantity, there is no complaint about the quality either. High-quality Hungarian watermelons are produced in all...
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