News and articles

The ECB raised the benchmark euro interest rate by 50 basis points

The Governing Council of the European Central Bank (ECB) decided on Thursday to raise all three key interest rates by 50 basis points and approved the new transmission protection instrument...

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Nearly 29,000 farms are affected by the Dutch government’s plans to reduce nitrogen emissions

According to the calculations of the Dutch Ministry of Finance, 11,200 livestock farms would have to be closed and another 17,600 would have to reduce the number of animals they...

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The outlook for actors in the agricultural and food economy has worsened, but there may be producers whose situation will become more favorable

The assessment of the situation of the actors of the agricultural economy for the period between April and June 2022 was fundamentally influenced by the fact that fixed-price electricity and...

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For 5 years, Tesco has been continuously reducing the amount of food waste generated in its operations

In the world, 2.5 billion tons of food is wasted every year, that is, about 40% of all produced food ends up in the trash, for which producers, the food...

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The growth rate of food prices will already exceed incomes this year

We will start to feel the effects of the war in food prices in the quarter of 2022, and the effects of the Covid crisis are currently still visible. Food...

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Heatflation: How high temperatures drive up food prices

Soaring temperatures in Europe have impacted agricultural production and look set to have a knock-on effect on food costs. As warmer weather becomes the norm, will “heatflation” become a regular...

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dm supports needy families with a donation of 50 million

In line with its social responsibility strategy, dm has been supporting needy social groups, families and children in Hungary for years. Responding to the current social challenges, they have been...

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Sustainability and competitiveness are incentives for agriculture – a lesson learned from the CSR Afternoon

At the CSR Afternoon organized on July 19, 2022, CSR Hungary and Hipp Kft.’s event on social responsibility and sustainable agriculture, in Hanságliget, the focus was on sustainability and competitiveness...

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Capgemini Research Institute: 34% of employees plan to leave their current job within a year

According to international research examining employee experience within companies, managers are overly optimistic about their employees’ job satisfaction. 28% of non-managerial employees claim that they feel comfortable at work, while...

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New energy prices are challenging everyone

Although we knew this in advance, it still hurts now that we cannot maintain the level of energy prices moderated by utility cost reduction. However government does not release the...

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New models at the Mercedes-Benz factory in Kecskemét: a milestone in the implementation of the purely electric product strategy

Mercedes-Benz continues to transform its global production network by focusing on the production of electric vehicles in the luxury segment. The company is preparing to make its products purely electric...

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An API provides real-time pollen count data globally

Around 22 per cent of the global population suffers from pollen allergies that can cause anything from day-to-day discomfort to chronic illness. Ambee, an India-based climate and environmental data provider, has...

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How The Frozen Food Category Is Seeking To ‘Sustain Its Strength’ After COVID-19?

Like every sector of grocery retail, frozen food has been impacted by the looming threats posed by rising inflation affecting costs at every level, concerns over a strained supply chain,...

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30 new Kulcs Quality Pharmacies waiting for customers across the country

At Kulcs Pharmacies, the biggest pharmacy transformation series of all time has reached a major milestone. In July 2022, the number of pharmacies that offer premium service, have earned the...

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The speakers of the Free University analysed the slowdown in the economy, agricultural self-sufficiency and issues of minority rights

Speakers of the 31st Bálványosi Summer University and Student Camp held lectures on the expected economic recession, the importance of agricultural self-sufficiency, and the issue of minority rights in Tusnádfürdő...

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World-famous investors have joined the classical music production

Virtuózok V4+ will appear on the Danube with new talents and world stars from five countries from November 2022. The first Hungarian-developed classical music talent show is entering its eighth...

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This is the reason why there are problems with the sugar supply

Although there is currently no question of a nationwide and permanent sugar shortage in Hungary, according to the largest retail chains, many people really perceive it well, and in some...

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KSH: GDP last year also exceeded the pre-pandemic level

Hungary’s gross domestic product (GDP) was higher last year than the year before the coronavirus pandemic, the Central Statistical Office (KSH) announced on Wednesday, in connection with its publication “Hungary,...

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The Rubin Kft. develops from more than two hundred million forints

Rubin Kft., which processes paprika in Szeged, is improving its operational efficiency with a conditionally non-refundable grant of more than 200 million HUF – the company informed MTI on Wednesday....

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K&H: the number of young people with loans has decreased

The number of young people with loans has decreased in Hungary based on this year’s representative survey prepared for the youth index of K&H Bank, the bank informed MTI. According...

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Nestlé To Develop Immunotherapies For Food Allergies

Biopharmaceutical company Enterome has signed a strategic R&D collaboration and license agreement with Nestlé Health Science targeting food allergies and inflammatory bowel disease (IBD). Enterome is a clinical stage biopharmaceutical company developing...

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Consumer confidence in the euro area and the EU deteriorated in July

Consumer confidence in the euro area deteriorated more than expected in July. On Wednesday, the European Commission announced as preliminary data that the value of the consumer confidence index in...

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This is Hungarians prepare for winter

There is gross inflation in Hungarian stores, and there is no end in sight. Not only the prices of basic foods have gone up, but fresh fruit and vegetables also...

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The growth of Swiss watch exports slowed to 8.1 percent in June

Exports of Swiss watches in June this year increased by 8.1 percent, compared to a year before and amounted to 2.129 billion Swiss francs, the Swiss Watch Industry Association (FHS)...

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ALDI overtaked LIDL in being the UK§s cheapest supermarket in June

Aldi has been named as the nations cheapest supermarket in the month of June, beating rival Lidl for the first time in seven months and saving customers over £25. According to the...

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AM: extended control by Nébih in vineyards and large wineries

This year, a new element is being added to the vintage control program that started four years ago. In 2022, in addition to the usual inspections of vineyards and wineries...

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Aluminum is valuable waste – but what to do with it on the beach?

What do iced coffee sipped on a beach, an energy drink opened at a festival, and cold beer at a family garden party have in common? In addition to the...

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Unilever cost cuts downsizes Magnum Multipack

Consumer goods company, Unilever has made the size of its Magnum multipacks smaller, as inflation continues to push up the price of grocery products. In a bid to mitigate these...

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Coface reported a not very positive situation

In a short time, companies will be able to calculate the euro exchange rate above HUF 400 in their plans, which can throw up inflation. Although it has achieved one...

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Századvég: the European Commission made a significant contribution to the serious energy situation

The business manager of Századvég Konjunktúrakutató Zrt. on the current channel M1 on Wednesday blamed the European Commission for the “marked” part of the serious energy situation. If it were...

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