News and articles
Rising office prices make the situation of companies more difficult
Financial and construction costs are also increasing, but demand is falling due to the dangers of recession: the European office market is facing extraordinary challenges, vg.hu points out. The European...
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Many products may disappear from Lidl’s shelves
In addition to food, the Lidl supermarket chain also offers drugstore goods, clothing, household appliances and tools in its stores, but this may change as early as next year, reports...
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KSH: GDP increased by 6.5 percent in the second quarter
In the second quarter, the gross domestic product (GDP) increased by 6.5 percent compared to the same period of the previous year. Compared to the previous quarter, the performance of...
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Farmer Expó in Debrecen begins
One of the country’s largest, four-day agricultural fairs begins on Wednesday in Debrecen: at the 31st Farmer Expo and the 17th Hortico vegetable, fruit and horticultural trade fair held as...
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Less and less beer is sold in Slovakia
Last year, beer consumption per capita in Slovakia was 120, the lowest in the last 30 years. Beer consumption has declined due to the epidemic – points out Bumm.sk, based...
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GKI: Hungarian companies perceive the effects of climate change, but do not invest in environmental protection projects
Most Hungarian businesses perceive the effects of climate change, 50 percent of companies have goals related to environmental protection, compared to the EU average of 41 percent; at the same...
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Fewer people in the United States are concerned about climate change
Compared to the period before the pandemic, fewer people are now worried about the climate crisis in the United States, according to a poll by the American AP news agency....
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K&H: people perceive inflation to be much higher than the statistics
The majority of 30-59-year-olds perceived a price increase higher than the statistically shown inflation. According to 43 percent of them, for example, the price increase was 15 percent or more...
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Russian subsidiary of OBI sold for 600 rubles
Jozef Lyokumovich bought the Russian subsidiary of the OBI store chain for 600 rubles: acquiring a 60% stake in the company. The owner of the remaining 40% is Russian, but...
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Scotland makes period products free
Scotland is the first to offer tampons, sanitary pads and other menstrual products free of charge. Period products are now free to anyone in Scotland who needs them, nearly two...
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Ecuadorian banana exports decrease as a result of Russia-Ukraine war
The war between Russia and Ukraine has put extra pressure on already strained global logistics with a lack of containers and high input prices being amongst some of the factors...
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The Italian apple crop has started to be harvested, a 5% higher yield is expected for the continent’s second largest apple producer
The Italian apple harvest season has begun with the harvesting of early varieties such as Gala. Coldiretti, the largest Italian association representing producers, expects a total of more than 2.1...
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The largest cargo ship in the world so far, the Ever Alot, has arrived in Rotterdam, which is really huge!
The monster started from the Chinese shipyard and has already arrived in the port of Rotterdam. It will only be a monopoly in sea shipping for a while, because soon...
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On the onion front, the mood has heated up
The situation is quite hot not only in the fields, but also on the onion market.. – In the last few weeks, there was a reasonable balance between supply and...
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Lidl is the largest domestic retail chain based on revenue and profit
The dynamic revenue growth of German discount chains continued last year on the Hungarian market, but almost all major players were able to increase their sales – it is clear...
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There are still many, but fewer and fewer new sole proprietors
30 percent fewer sole proprietors than usual and the value of starting a company at a multi-year low in July 2022. The summer and the tax changes depressed the spirit...
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With new support options, AM will focus on encouraging water-retaining management practices in the future
For the new agricultural support period starting in 2023, the Ministry of Agriculture planned new and more effective tools to encourage agricultural producers to use water-conserving management practices, but it...
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Henkel significantly increases sales, drives strategic agenda and raises sales guidance for 2022
In the first half of 2022, Henkel increased Group sales to around 10.9 billion euros. This corresponds to significant organic sales growth of +8.9 percent. This positive development was driven...
Read moreThe USA faces tomato sauce shortage
California is one of the world’s largest producers of tomatoes, and with current drought conditions in the state, the USA is facing significant shortages. The industry that usually grows around...
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A lot of apple juice is coming from Turkey… or from China?
According to data from the customs authorities, the volume of apple concentrate exports to Poland from Turkey has increased by leaps and bounds. However, the producers suspect that the Turkish...
Read moreLow-calorie sweetener could promote microbiome health
A new low-calorie sweetener made from mogrosides and galactooligosaccharides may offer the same effects as artificial sweeteners with none of the negative consequences such as increased appetite or weight gain...
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Only robot cash registers will soon be available at one of the domestic supermarket chains
The first units appeared last year, and by next year all Decathlon stores will have exclusively self-service cash registers – and all this thanks to a Hungarian IT company, Laurel....
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End of the farmland? A few more decades and a significant part of Hungary could become a forested steppe
Hungary is threatened with drought in the coming decades if climate change is not stopped, ELTE researchers told MTI on Tuesday. In their study, due to increasingly stronger climate change,...
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Many gas stations in Hungary are affected by the government’s unexpected announcement
The government will continue to support small gas stations, for this purpose it has set aside HUF 18.5 billion – said the State Secretary of the Ministry of Agriculture responsible...
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Grocery boosts Walmart sales, but profits fall on inflation in Q2
Walmart posted a better-than-expected performance for the second quarter, with companywide revenue and earnings beating analyst estimates. Market share gains in food categories, “strong” private label sales and higher-than-average tickets...
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There is a huge price explosion in Hungarian accommodation
Holiday habits have changed a lot in recent years due to the pandemic, only one thing is constant: Hungarians are still particularly price-sensitive, i.e. the price of accommodation has the...
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Lidl and Aldi second only to Tesco for UK market share
Discount supermarkets Lidl and Aldi are currently second only to Tesco for UK market share, with a combined share of 16.1%, according to the latest Kantar data. Lidl and Aldi have...
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SPAR Opens Its First Supermarket In Latvia
Retail giant SPAR has opened its first supermarket in Latvia in the city of Saldus, 120 kilometres west of Riga. In 2021, SPAR International granted a licence to operate the brand in...
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Hungary is now free of bird flu, but thousands of poultry were slaughtered again in the Netherlands
All 5,000 laying hens were killed in the Dutch egg-producing farm where bird flu infection was identified in the morning hours, and the poultry stocks of seven other farms located...
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Polish and Serbian fruit growers do not want to leave plums on the trees
Due to low fruit prices, fruit growers are faced with a dilemma: should they continue harvesting or should they stop? It is easy to say that this should be done,...
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