News and articles
Hungary’s largest baking plant was handed over in Hatvan
Hungary’s largest baking plant was handed over in Hatvan on Tuesday; at the handover of Lipóti Tóth és Társai Zrt.’s new 20 billion HUF plant, the finance minister emphasized, among...
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The main goal of wage increases this year is to retain employees
While eight out of ten companies had wage increases last year, six out of ten companies are calculating this for this year. In accordance with the previous year’s plans, salaries...
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K&H: Creaking is the key to competitiveness
The innovation activity of Hungarian companies falls short of the required level and the European average – the EU published its innovation scoreboard in the second half of last year,...
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Trade between India and Hungary is increasing
Radiiantt Europa Life Pvt. Ltd.’s new platform called madeinindia.hu opened offices simultaneously in New Delhi and Budapest in February 2023, with the aim of stimulating trade between the two countries....
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Csaba Lantos: every opportunity must be seized for the sake of energy security
The government insists on the climate goals, but at the same time every opportunity must be seized for the sake of energy security, said the energy minister at the XXI....
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Germany proposes junk-food advertising restrictions
Adverts aimed at under 14s for food and drinks containing “too much” sugar, salt or fat should be banned, ministers say. Lawmakers in Germany have proposed tightening regulations on junk-food...
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Casino To Step Up Promotions As Cost-Of-Living Crisis Weighs On French Sales
French retailer Casino vowed on Tuesday to spend more on promotions this quarter to help cash-strapped shoppers after sales at its Géant hypermarkets in France fell sharply in the fourth...
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The development aimed at creating a balance between drainage and water retention in the Great Plain has been completed
More than 6 billion forints have been financed in the Environmental and Energy Efficiency Operational Program (Kehop) for the technical interventions aimed at creating a balance between inland drainage and...
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Starbucks offers a dash of olive oil with its coffee in Italy
Starbucks has launched a new drink that mixes coffee with olive oil, offering it initially in Italy as an alternative to the more standard espresso or cappuccino. The so-called “Oleato”...
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Investor sentiment is unbroken, but caution is heightened
2022 was a year of geopolitical tensions, high interest rates and runaway inflation around the world, which resulted in a strong decline in the corporate acquisition market after 2021. DLA...
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Domestic organic farming bases its future on a decade of growth
Hungary’s goal is to double the size of domestic organic farming areas by 2027, thus reaching a 10 percent organic area ratio – highlighted Dr. Anikó Juhász, Deputy State Secretary...
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A mobile electric vehicle charging station was presented in Székesfehérvár
In Székesfehérvár, Continest Technologies Zrt. and its partners, Hotta Green Energy Kft. and Alte-Go Kft., as members of the Alteo group, presented a mobile and modular electric vehicle charging station...
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Salt, pepper, paprika – the price of spices has increased brutally
The price of salt increased by 84 percent, pepper by 32 percent, and pepper by an average of 25 percent in one year since January 2022, Pénzcentrum points out in...
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We can expect such an increase in prices on the Easter ham and chocolate market
It is not worth postponing the purchase of Easter ham, eggs and chocolates until the last minute, and it is possible that we will exceptionally choose the cheaper one instead...
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(HU) Negyedik hónapja emelkedik a GKI konjuktúra-indexe
Sorry, this entry is only available in HU....
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Viktor Orbán: the food price freeze will remain in place until inflation begins to decline
The first parliamentary session of the spring session was supposed to start with Viktor Orbán’s speech before the agenda, but in the end he was only able to deliver his...
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These were the EU’s goals at COP27
World leaders gathered in Sharm el-Sheikh for the 27th UN Climate Change Conference (COP27), which began with the November 7-8 summit on the implementation of climate protection measures. The EU...
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K&H: SMEs’ expectation of results and investment intention improved somewhat
The profit expectations and investment intentions of Hungarian micro, small and medium-sized enterprises improved somewhat in November last year compared to the previous quarter, while their sales forecast stagnated based...
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Chatbots, automation and paperlessness – the Hungarian WHC Group is also at the forefront of HR digitization at the European level
The Hungarian WHC Group has been using professional artificial intelligence solutions in its communication processes for years. A few months ago, the company introduced its latest chatbot, which facilitates the...
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The costs of road carriers may rise by 8-10 percent this year
After the record rise in 2022, the Road Transport Price Index (KFX), which shows the costs of Hungarian road carriers, may increase by 8.2-9.6 percent below inflation in 2023, but...
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interpack 2023: investments in machinery and equipment are stimulated by the growing demand for packaged food
The sustained growth of the world’s population, spreading urbanization, higher levels of employment and rising incomes are increasing the demand for packaged foods worldwide. According to the market research forecast...
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A new food has been also approved in Hungary, the pili nut
The Commission’s executive order (EU) 2023/267 on Canarium ovatum Engl. on authorizing the placing on the market of dried walnuts as a traditional food from a third country and amending...
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Asda Looks To Upgrade Online Grocery Business
Asda has announced a new partnership as it seeks to transition its online grocery business onto its own platform, from previous owner Walmart’s managed systems. The programme will see Publicis...
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Kellogg will not split off its plant-based brands
Kellogg will not split off its plant-based brands, CEO Steve Cahillane said on the company’s latest earnings call. Its decision not to sell off the segment, which includes the MorningStar Farms...
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The number of robotic work processes is increasing
The number of robotized work processes in factories is increasing all over the world, including at home, especially in production and packaging tasks. All this generates considerable enthusiasm and demand...
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DoorDash Projects Strong Demand For Food And Grocery Orders
DoorDash plans to buy back $750 million (€705.3 million) worth of stock and projected a key profit measure above analyst estimates, following strong fourth-quarter growth thanks to a surge in...
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The British are in trouble, some vegetables can only be bought in limited quantities
When shopping, the British are once again faced with empty cardboard boxes and shelves in place of fresh produce. The largest supermarkets have introduced limited purchase quantities for certain types...
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Baker McKenzie’s talent program for law students has won a prestigious award
The law firm’s New Lawyer Challenge competition for law students won the Best Talent Program award of the Joint Venture Association. The New Lawyer Challenge competition was created by Baker...
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We told you so – economic perspectives in 2023
When I had a conversation with executives last autumn, many of them were afraid that the then 3.5% unemployment will go up to 10%, and that the inflation rate will...
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Carlsberg acquires Canada’s Waterloo Brewing
Carlsberg has entered into an agreement with Canada’s Waterloo Brewing Ltd to buy all its issued and outstanding common shares for approximately CAD 144m. Carlsberg wants to strengthen its market...
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