News and articles

Nagy István: agriculture has to face several challenges

Agriculture today has to respond to several challenges, including the consequences of global climate change, the creation of conditions for efficient food production and the sustainable use of natural resources...

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The clothing company GAP is returning to the Hungarian market

The American clothing company GAP will return to the Hungarian market with an independent store, Futureal told MTI. The GAP store will open in September in the real estate developer’s...

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Retail sales increased by 5.5 percent in the Czech Republic

In July, the year-on-year increase in retail sales in the Czech Republic slowed to 5.5 percent, according to calendar-adjusted data, the Czech Statistical Office said in Prague on Tuesday. At...

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Sentix’s eurozone investor sentiment index deteriorated further

For the second month in a row in September, the Sentix Frankfurt Economic Research Institute’s euro area investor sentiment index deteriorated as another sign that economic growth has turned from...

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Chinese export growth has accelerated

Instead of the expected slowdown, Chinese export growth accelerated in August, continuing the recovery from the coronavirus pandemic. The Chinese customs service on Tuesday said the dollar-denominated value of exports...

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This is how Generation X prepares for retirement: impoverishment and disease are most feared

Barely half of the hungarian population in their 40s and 50s have savings for old age, while nearly 80% are almost certain that their pension will not be enough to...

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Hungary is not expected to meet the time-proportional reduction in CO2 emissions by 2030

The EU has set itself a binding target of achieving climate neutrality by 2050 as part of the European Green Deal with the European Climate Regulation. This requires a significant...

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GALLIO turkey salamis

Premium category GALLIO salamis have the highest meat content among turkey products available in the domestic market. Made using the traditional curing method, GALLIO turkey salamis are available in shops...

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The 15th Coop Rally is on

The current epidemic situation has also highlighted the need for an independent, sustainable Hungarian food industry, he said at the national press conference launching this year’s competition of the Coop...

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Companies are already preparing to avoid climate risks

Egyre több vállalat foglalkozik az éghajlatváltozás hatásaival, azonban az erről szóló beszámolók még mindig nem elég részletesek – állapítja meg az EY legfrissebb klímakockázati barométere, ami 42 országból több mint...

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Barely half of the domestic population in their 40s and 50s have savings for the elderly New Director of Commerce and Marketing at Gallfood

Nacsa Severus started his career selling fresh fruit and vegetables, then worked for 7 years in canning companies in various sales positions....

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Losers also hit by retail special tax

There are several retail sectors where companies have suffered, on average, a significant drop in both their revenues and profits as a result of the pandemic situation, yet they are...

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Dr András Vértes: Healthcare and education are the top priorities

He would like to see a truly European Hungary in 10-15 years’ time, but he thinks many things will have to change for this – GKI president Dr András Vértes...

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Coca-Cola HBC Magyarország replaces plastic cups in its vending machines with recyclable glasses

Coca-Cola HBC Magyarország is withdrawing its disposable plastic cups from the Hungarian market. The glasses typically used in coffee and other hot drink vending machines will be replaced by fully...

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Nagy István: the 80th OMÉK will be the feast of Hungarian agriculture

The 80th National Agricultural and Food Industry Exhibition and Fair (OMÉK) will be the largest agricultural army parade in the Carpathian Basin, the Minister of Agriculture announced at Monday’s press...

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The canning company developed in Nyírmeggyes

The Hungarian economy would not be successful without the food industry in the countryside, whose production increased by 11 percent in the first half of this year, Szijjártó Péter, Ministry...

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Plum festival in Szarvas

The 23rd Plum Days from 10 to 12 September in Szarvas will also offer concerts, children’s programs and a show kitchen. The programs will begin with a parade on Friday...

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Retail sales in the euro area declined on a monthly basis

Instead of the modest growth expected by analysts, retail sales in the euro area declined in July, compared with June. The European Union’s statistical office, Eurostat, said on Friday that...

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(HU) Rekord M&A-láz a globális vállalati szektorban

Sorry, this entry is only available in HU....

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OMÉK is about to open its gates

From 7 to 10 October 2021, the 2021 National Agricultural and Food Exhibition and Fair (OMÉK) will be held as an accompanying event of the “One with Nature” Hunting and...

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The first phase of the 17.5 billion HUF expansion of the Hungarian Domestos factory has been completed

The first phase of the expansion of Unilever Hungary Kft.’s birch chemical plant, which represents an investment of approximately HUF 17.5 billion, has been completed, during which two new production...

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Professional dialogue is also needed in wage matters

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Coffee can also become more expensive, with supplies at risk

Concerns are growing over global coffee supplies amid tough coronavirus travel restrictions imposed in Vietnam to tackle the spread of the aggressive Delta variant of Covid-19. Supply chains are been disrupted after Vietnam, the...

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Generation Z breaks into e-commerce with increasing purchasing power and strong expectations

Online shopping is becoming more and more popular not only among the working-age population and older people, as the presence of Generation Z in e-commerce is also increasing. Teenagers and...

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But who is responsible for sustainability?

More and more people are seeing the importance of sustainability, but there is no consensus among the different age groups on which generation and how much sacrifice they should make...

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Lidl saves food from festivals

Lidl Hungary was the first of the retail chains to launch a new operation this year, supporting more than half a thousand people in need during its summer relocations. As...

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SANA : an International Exhibition for organic and natural products

SANA is the International Exhibition for organic and natural products set to take place from September 9-12. 2021 in Bologna, Italy. SANA is one of the leading events in Europe...

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Retail sales in Hungary are starting to recover

Following the shutdowns after the coronavirus pandemic, it is now apparent that retail sales in Hungary are starting to recover, whose turnover increased by 3 percent in July compared to...

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London analysts: Hungarian economy’s growth rate could reach 7 percent the this year

According to a recent forecast by London macroeconomic analysts, this year’s full-year growth rate of the Hungarian economy could reach 7 percent. London analysts say Hungarian economy could grow up...

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