News and articles
Northeast Europe could become the continent’s pantry, according to a study
Northeastern Europe could become the continent’s food pantry, as the region is less tolerant of cereals due to climate change, the Corvinus University of Budapest said in a statement to...
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Cooperation to protect bees
On the occasion of World Bee Day, SIÓ announced that it would sign a cooperation agreement with the National Hungarian Beekeeping Association (OMME) in order to protect Hungarian bees. The...
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GfK’s German consumer sentiment index improved minimally
The German consumer sentiment index of the GfK market research institute improved minimally after falling to a historic low due to the effects of the Russian invasion of Ukraine. The...
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Thus, the increase in energy prices affects the logistics market
Rising energy costs are affecting many sectors as large increases in gas and electricity are observed. Logistics is one of the industries where most of the energy is used for...
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Tender resources and fast payback spin the ERP market
In recent years, the penetration of enterprise resource planning (ERP) systems in Hungary has significantly expanded, and at the same time, solutions are becoming available to smaller and smaller companies....
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Increasing labor migration, 43% of workers would be willing to resign within a year
Four out of ten employees would resign within a year, most of them switching to a higher-paying job, according to an international survey by EY involving more than 1,500 employers...
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Nestlé Health Science to get majority share in protein powder maker Orgain
Nestlé Health Science is to buy a majority share in plant-based protein powder maker Orgain. Founder Dr Andrew Abraham and Butterfly Equity will continue to have minority shares in the...
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Magazine: Will this year’s barbecue season go up in smoke?
Jens Hillebrand, managing director of Trade Group Europe Kft.: “During the pandemic there was an upturn in the grill product market, but we are pessimistic about this year’s season: growing...
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Auchan was the first FMCG store chain to receive an accessibility certificate
In the corporate culture of Auchan Hungary, social responsibility, solidarity and cooperation are prominent. Employing people with disabilities (MMK) is one of the cornerstones of the company’s HR and CSR...
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Analysts: wage outflows have accelerated further
Wage growth accelerated in March, and businesses are also trying to retain the workforce with non-regular payments and bonuses. Analysts told MTI that consumption, fueled by rising real wages, will...
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AM: The new national aquaculture strategic plan will be adopted soon
The new National Aquaculture Strategic Plan, which aims to develop small-scale fisheries, will be adopted soon, the Deputy Secretary of State of the Ministry of Agriculture said at the 46th....
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Eastern EU Member States are hit hardest by rising food prices
The eastern member states of the European Union are hit hardest by rising food prices, the German Federal Statistical Office (Destatis) said in an analysis on Wednesday. According to...
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Profession.hu: three-quarters of those who leave do not plan to return to their original profession
There are almost two million dropouts in Hungary, three-quarters of them are sure that they will no longer work in their previous profession, only a quarter of dropouts are planning...
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Zwack can pay a dividend of 1,500 HUF per share
The Board of Directors of Zwack Unicum Plc. proposes a dividend of more than 3 billion HUF 1,500 HUF per share – can be read in the invitation to the...
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The Day of Plants is greeted in the university herb garden in Szeged
The organizers of the University of Szeged (SZTE) will greet the Day of Plants on Saturday with scientific lectures and family programs presenting the diversity of the flora and its...
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AM: EU agriculture ministers discuss food security
The European Union has a moral and economic duty to increase its agricultural production, but it is essential to rethink the measures that will reduce production, Feldman Zsolt said in...
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The German economy has not yet reached pre-pandemic levels
Germany’s gross domestic product (GDP) was 0.9 percent lower in the first quarter of this year than in the fourth quarter before the coronavirus pandemic, the Federal Statistical Office (Destatis)...
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Protection is an investment in the agriculture of the future
Hungarian plant breeders have recently received more than HUF 1 billion in funding through the Variety Protection Non-Profit Ltd. The resource makes a major contribution to their breeding-related research and...
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MLSZKSZ: 5 million tons of grain could come from Ukraine via Hungary every year
In Hungary, along the border – in Záhony and Fényeslitke – there is already a significant transhipment capacity, which, however, can be used to a very limited extent due to...
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Hungarian startup development is integrated into SAP payroll software
The Hungarian Swipe Technologies Kft. Behind Salarify announced its cooperation with SAP Hungary Kft. This allows SAP to offer digital administration of employee benefits and flexible payment of earnings to...
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(HU) Élelmiszerinnovációkért dolgozik a MATE és a PENNY
Sorry, this entry is only available in HU....
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Contactless shopping in a growing number of Maxima stores
In Riga Maxima Latvija makes its Skenē pats! (Scan it Yourself!) contactless shopping service available in all 15 Maxima stores. By using the retailer’s app, shoppers can scan the goods...
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Continente BIO adds more kombucha products
Portuguese retailer Continente has added two new SKUs to its kombucha range, in raspberry and coconut flavours. The products belong to the Continente BIO range, they are free from preservatives...
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(HU) Komoly régiós lemaradásban a magyar proptech szegmens
Sorry, this entry is only available in HU....
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Coface: Insolvency situation in the region has deteriorated
After declining in 2020, the number of corporate insolvencies increased in 2021 in Central and Eastern Europe (CEE), almost reaching pre-epidemic levels in most countries, according to a recent analysis...
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Alternative protein sources present at IFFA 2022, the world’s leading meat trade fair
IFFA 2022 took place last week, being historically one of the world’s oldest and leading international meat trade fair, where 860 exhibitors from 44 countries showcased innovations. Around 50,000 visitors from...
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Magazine: We snack more, but we also do it more consciously
After the pandemic chocolate and wafer bar sales started to grow again in 2021. Krisztina Nagyidai, Mondelez Hungária Kft.’s brand manager (countlines, Czech Republic, Hungary, Slovakia): “Private label sales dropped,...
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KSH: The average gross earnings were 511,400 HUF in March
In March, the average gross earnings of full-time employees were 511,400 HUF, and the average net earnings calculated taking into account the benefits were 352,200 HUF. Gross average earnings were...
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Hungarian melons are becoming significantly more expensive
Compared to last year’s price, the price of Hungarian melons may increase by 30-40 percent this year, and its price per kilo is not expected to fall below 170-180 forints...
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