News and articles
KSH: The production of food, beverages and tobacco products decreased by 12.2 percent
Production increased in some of the manufacturing subsectors, with the largest increase in the production of electrical equipment. Based on seasonally and working day-adjusted data, industrial output was 5.1 percent...
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Area-based additional support for young farmers in the new Common Agricultural Policy
The Ministry of Agriculture has issued information about the changes in area-based support for young farmers. In the new agricultural support system starting this year, area-based additional support for young...
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Coca-Cola’s new global campaign encourages you to try Coca-Cola Zero Sugar
The Coca-Cola Company is launching a special global campaign to encourage consumers to try Coca-Cola Zero Sugar. Building on the success of the brand’s 2021 formula change, the company is...
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In Spain, food inflation accelerated in February
In Spain, the rise in consumer prices accelerated in February. The Spanish Statistics Office (INE) announced on Tuesday that instead of the 6.1 percent in the preliminary estimate, inflation rose...
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The agricultural logistics center in Jánoshalma was handed over
The agricultural logistics center opens up new opportunities and new paths not only for farmers, but also for the Hungarian food and processing industry – said the Minister of Agriculture...
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The decline in retail turnover moderated in the Czech Republic
In January, retail sales in the Czech Republic decreased by 7.7 percent, after 8.1 percent in December. The decline in the turnover of the Czech retail trade has thus been...
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The Croatian government presented its new package of measures to curb price increases
On Tuesday, the Croatian government presented its new package of measures aimed at curbing price increases, the total value of which is 1.7 billion euros (636.4 billion forints), and the...
Read moreThe Törley Champagne Winery dazzled the world’s professional elite in a new field
Törley Alcohol-Free Rosé won a gold medal at one of the world’s most important wine competitions, Mundus Vini in Germany. At the now traditionally organized spring round, a wine-based, alcohol-free...
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The spring seasonal food chain inspection has started
From March 14, the national spring seasonal food chain inspection was ordered by dr. Márton Nobilis, State Secretary responsible for food industry and trade policy at the Ministry of Agriculture....
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Henkel has published its 2022 sustainability report
Henkel has published its 32nd Sustainability Report, in which it presents its performance and its achievements in the area of sustainability strategy and goals. In a very challenging market environment,...
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GLP has a real estate portfolio of almost 2.5 million square meters in Central Europe
GLP has doubled its portfolio in Central Europe in almost three years, so it has almost 2.5 million square meters of real estate in Poland, the Czech Republic, Slovakia and...
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Beyond the low point: domestic companies increase their headcount again in the second quarter
In the second quarter of 2023, 26 percent of domestic employers predict an increase in their current workforce, while 22 percent plan to reduce it. Headcount increases may take place...
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INPARK presents industrial properties at the real estate development exhibition in Cannes
INPARK will primarily present industrial properties at the Hungary-Budapest stand at MIPIM, one of the most important real estate development exhibitions in the world, which opens on Tuesday and will...
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The Continental Tobacco Group supports domestic tobacco cultivation by increasing the purchase price
The Continental Tobacco Industry Group is supporting domestic tobacco cultivation by increasing the basic tobacco purchase price, the company group told MTI on Tuesday. According to the announcement, DOFER Dohányfermentáló...
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The Continental Tobacco Industry Group is supporting the halting of the decline in domestic tobacco production by increasing the basic tobacco purchase price by 50%
DOFER Dohányfermentáló Zrt, a member of the Continental Tobacco Industry Group, implemented a 50 percent increase in the basic purchase price of tobacco to offset the increase in cost levels...
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Heineken Gets Final Nod On The Acquisition Of Distell
After having issued conditional approval, the South African Competition Tribunal has approved Heineken’s offer to acquire control of Distell Group Holdings Limited, paving the way for the creation of a...
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‘Withdrawal button in online stores undesirable’
Seventeen European trade organizations have recently published an open letter to the European Union to express their disapproval of a new withdrawal button. This button allows consumers to undo a...
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It is recommended for all producers to use agricultural insurance
Due to the more extreme weather affecting agriculture, it is worth taking out agricultural insurance to manage risks that complicate production, for which farmers can apply for support in the...
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SPAR, EUROSPAR To Invest €65m To Expand Network In Ireland
SPAR and EUROSPAR plan to add 60 new stores to their combined network in Ireland by 2025, taking the total number of stores across the country to 525. The project...
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Russian Foreign Affairs: The grain agreement was extended by 60 days
The grain agreement was extended by sixty days, Russian Deputy Foreign Minister Aleksandr Grusko told the TASZZSZ news agency on Tuesday. The agreement enabling the export of Ukrainian grain to...
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A courier from Tatabánya won the one million grand prize
The main prize of one million forints of the now traditional autumn raffle of Magyar Termék Nonprofit Kft. was handed over at Tesco in Tatabánya. The Lucky Bonbon product bought...
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No major price reductions are expected in stores
In the catering industry, they have already fled bankruptcy before – Pénzcentrum learned from the Association of Hungarian Hotels and Restaurants. According to the Hungarian National Trade Association, the suppliers...
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Planned intralogistics processes as a long-term investment
While e-commerce volumes were growing steadily until two years ago, the pandemic shutdowns of 2020 and 2021 significantly accelerated the shift to online commerce and changed the world’s shopping habits....
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Lidl has reduced prices again
Lidl Hungary has once again reduced the consumer prices of 70 products, including a number of bakery products that are important to Hungarian customers, such as half-brown bread, white bread...
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Every Monday Price drop at SPAR
Until now, SPAR Hungary has tried to make shopping easier with the best possible prices and various promotions. From now on, the department store chain switches to an even higher...
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Unchecked, Ukrainian honey arrives at Hungarian extraction plants at dumping prices
The turnover of honey produced by domestic producers fell significantly last year, which not only puts beekeepers in a difficult situation, but also makes pollination in agriculture questionable in the...
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Consumer demand remained balanced, and Fitch upgraded its global economic growth forecast for this year
The international credit rating agency Fitch Ratings has upgraded its forecast for this year’s global economic growth, based on the positive impact of the lifting of Chinese coronavirus restrictions and...
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Lindt & Sprüngli products will be more expensive
The Swiss chocolate manufacturer Lindt & Sprüngli announced that it closed 2022 with a pre-tax profit of 569.7 million francs (217 billion forints), which represents an increase of 16.1 percent...
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Fidelity: Rapid reopening is underway in China, geopolitical fears persist
Since the amendment of the Covid regulations last year, we have witnessed a sudden and rapid reopening in China. High-frequency indicators, such as the frequency of traffic jams, ticket office...
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Sugar rose in price the most in Romania, by 63.56 percent
In Romania, after a two-month slowdown, the inflation rate rose slightly again in February, reaching 15.5 percent on an annual basis, the National Institute of Statistics (INS) announced on Monday....
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