News and articles
The Romanian honey crop was literally destroyed by the drought
This year’s honey harvest in Romania will fall well short of the average of previous years, it will not exceed 12-13 thousand tons – Romanian media quoted Ioan Fetea, president...
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Without collecting rainwater, we will not be able to cope with drought in the future
According to the climate researcher, the current devastating drought and 20 persistently hot days are just the beginning, it is hard to imagine what will await us when the temperature...
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Can plant-based really be less susceptible to pathogens?
The growth behind plant-based meat alternatives is partly due to misguided food safety concerns. That’s according to a post from the USDA, which states that while meat dominates the grill, the...
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Investor sentiment in the Eurozone improved less than expected in August
The Sentix economic research institute’s August euro zone investor sentiment index improved less than expected: the professionals interviewed proved to be less pessimistic about the expected developments, but the degree...
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Henkel strengthens strategic positioning with new corporate brand identity
Henkel has strategically evolved and redesigned its global corporate brand identity, together with MetaDesign, the brand consultancy of Publicis Groupe Germany. Henkel strengthens the strategic positioning of the corporate brand...
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The really rough inflation is just coming, some analysts say
Inflation in Hungary may have jumped to 13% in July, according to Portfolio’s survey monitoring analysts’ expectations. In June, the KSH measured an annual rate of price increase of 11.7%,...
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It’s official: from now on, employees have more free time
The European Union guidelines aimed at balancing private life and work must be applied by all member states from August. However, it is not only for this reason that it...
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UPS Healthcare has announced a major international acquisition
UPS announced plans to acquire Bomi Group, an industry-leading multinational healthcare logistics provider. The transaction will add temperature-controlled facilities in 14 countries and nearly 3,000 highly-skilled Bomi Group team members...
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Spanish garlic producers must expect significant losses
Due to the dry weather, the Spanish garlic crop, which accounts for a significant part of the European turnover, decreased by approximately 20%. It will be a difficult season for...
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Due to F1 and the Sziget, tourism in Budapest has picked up
The summer brought a buzz to Budapest reminiscent of the times before the epidemic, and one of the reliable indicators of the revival of tourism is the development of taxi...
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Spanish ports can’t handle the load, how long will sea freight work?
The price of shipping by sea is getting cheaper, which is why the traffic in this field is increasing. Even if only temporarily, this means that the companies are overloading...
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World’s Poultry Congress is launching today in Paris
World’s Poultry Congress opens today for participants at Paris and on the online platform. The WPC2022 professional programme is focusing especially on sustainability and innovation topics....
Read moreEuropean road transport prices break new records
Inflation, weakening demand, social instability and the war in Ukraine are leading to tumultuous developments in road freight prices, reveals the Ti / Upply / IRU Road Freight Rate Benchmark for Q2 2022. For the first...
Read moreSmurfit Kappa Launches Sustainable District Heating Project
The Smurfit Kappa paper mill in Nettingsdorf, Austria, has launched a sustainable district heating project that will benefit 20,000 homes across three communities when completed. The Irish packaging firm outlined that the scheme...
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Quinoa may reverse and prevent prediabetes
Integrating quinoa as part of a regular diet may prevent the development of Type II diabetes because it helps control glucose changes, according to a study coming out of Spain....
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FAO Food Price Index registered a steep drop in July, crisis to stay with us until next year
The FAO Food Price Index (FFPI) averaged 140.9 points in July 2022, down 13.3 points (8.6 percent) from June, marking the fourth consecutive monthly decline. Nevertheless, it remained 16.4 points (13.1 percent)...
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The grapes went well with the table in many ways
The year 2022 is a serious challenge for agriculture due to the drought. However, domestic grape growers also reported positive effects. This year’s heat waves and the decreasing amount of...
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According to analysts, despite the Russian-Ukrainian war, industrial production expanded in June
In spite of the Russian-Ukrainian war, industrial production expanded in June – the analysts pointed out in their analysis sent to MTI, commenting on the latest data of the Central...
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The food crisis will remain with us next year
Global food prices have fallen in recent weeks due to the resumption of grain shipments to Ukraine and recession fears, but experts say the food crisis may intensify next year...
Read moreThe drought is getting worse, but according to the OVF, water needs still be met
The drought is expected to intensify, but national water needs can still be met. In 10 of the twelve water directorates, preparedness to protect against water shortages is in effect,...
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This is the secret behind Kométa 99’s spectacular revenue growth last year
Last year, Kaposvár-based Kométa 99 increased its consolidated net sales by 7 percent to HUF 59.8 billion, the Italian family-owned meat processor announced in its annual report published on the...
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Easter and Pentecost saved domestic tourism in the second quarter
After the capital, Siófok and Eger attracted the most guests in the second quarter, Szallas.hu data revealed. Although the long weekends boosted tourism, the loss of Russian guests due to...
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The drought also affects the price of olive oil
The Minister of Agriculture of Spain, the world’s largest exporter of olive oil, warned that this year’s olive harvest could be in trouble. “If there is no more rain or...
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Canola and silver linden honeyed well, but the drought caused serious problems
Hungary has produced a quantity of acacia honey that has not been seen in ten years, but sunflower honey has to be canceled due to the drought – we learn...
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The rise in prices came in several waves: food inflation is already over 34 percent
Looking back over the past 12 months, it can be seen that Hungarian stores were hit by price increases in several waves. The first jump occurred at the end of...
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A supermarket offers dried and seasoned crickets
Portugal’s Continente is the first European retail chain to offer a complete line of insects. At present, the Portuguese Food Safety Authority accepts seven types of legume as food suitable...
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Italian beer production in 2021 surpasses pre-pandemic levels
Italian beer production reached 17.6 million hectolitres (hl) in 2021, surpassing both 2019’s (17.3 million hl) and 2020’s (15.8 million hl) figures. The figures come from the 2021 Annual Report of...
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Workers from 15 distant countries can now come to Hungary under simplified conditions
Employment in Hungary remains at a record level: in June 2022, the average number of employed persons exceeded 4.7 million people. At the same time, the labor shortage is a...
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Sustainability emerging as key snacking trend
As snacking trends around the world evolve, sustainability is emerging as a key theme across several markets. In a recent blog post, Sally Lyons Wyatt, executive vice president and practice leader of...
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Another famous Hungarian restaurant is closing
They can’t pay the bills, so the Paulus Wine Museum Restaurant in Mór will close at the end of August and presumably move to a new location. The famous restaurant...
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