News and articles
Russia’s Magnit To Buy Back Around 21.5% Of Shares From Western Investors
Russian retailer Magnit said it plans to buy back approximately 21.5% of its shares, finalising the results of a tender offer that could enable some Western investors to sell off...
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Favorable mid-year changes in the taxation of primary agricultural producers
From July 15, 2023, the primary agricultural producer may, in addition to certified costs and depreciation, reduce the income from the sale of the equipment used for his activities by...
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Unilever leverages AI to transform plant proteins and vegan innovation
Unilever is exploring precision fermentation to create plant-based products based on mycoprotein with its partner, Enough. “We are continuously expanding the number of products that we have in our plant-based...
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IGD: Total food and drink market moving towards recovery by 2025
The total UK food and drink market is predicted to be worth £315.2bn by 2028, experiencing a growth of 19% from 2023 (£265bn), according to a unique new forecast from...
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The main goal remains the abolition of undivided common land ownership
Accelerating the liquidation of undivided common land ownership is still an important goal for the Ministry of Agriculture, with which the Hungarian property policy aims to remedy more than thirty...
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PENNY stores will accept SZÉP cards as a means of payment from August
PENNY gives its customers more again: in accordance with the government decree, the store chain enables payment with the Széchenyi Pihenő Card in all 229 units in Hungary. Thanks to...
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The school supplies fair has started at Auchan
The products needed for the start of school have arrived in Auchan stores. Parents and students preparing for school are welcomed with an offer that is unique in the domestic...
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The first shop-in-shop concept Rossmann has opened
Rossmann opened its first shop-in-shop store in the Tesco department store on Fogarasi út, achieving another milestone in business expansion. The new concept is expected to make it even easier...
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Nébih: the restaurants in Balaton are adequate in terms of food safety
Balaton restaurants are adequate from a food safety point of view, the inspectors of the National Food Chain Safety Office (Nébih) found only minor irregularities in the majority – the...
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Things we didn’t know about aluminum cans
Blinds, wires, dishes, foil… well, drink boxes. It can all be made of aluminum. From a raw material that we take in our hands almost every day, and yet we...
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LG achieved the highest second quarter sales in its history
LG Electronics Inc. (LG) today announced second-quarter 2023 consolidated revenue of KRW 20 trillion with operating profit of KRW 741.9 billion. The company recorded the highest second-quarter revenues in company...
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The Agricultural Marketing Center has timed its poultry meat campaign for the summer barbecue season
The summer barbecue season offers countless opportunities to prepare tasty, light dishes with various spices and marinades. Poultry is also a popular grill ingredient, and it can also be prepared quickly...
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EFSA: “Keep plants healthy and protect life
The European Food Safety Authority (EFSA), the European Commission (EC) and their partners are launching the #PlantHealth4Life campaign in the member states of the European Union (EU). The aim of...
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MTÜ: the number of visitors to Balaton in July exceeds the numbers before the coronavirus epidemic
So far, there have been more than 700,000 guests at Lake Balaton in the high season, and thanks to them, the hotels registered 2.4 million nights between June 1 and...
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This year’s melon season is going well
There is an abundant supply on the domestic melon market, and in addition to the quantity, there is no complaint about the quality either. High-quality Hungarian watermelons are produced in all...
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Potatoes became the determining factor of food
The foundations of our agriculture are now stable, as the well-thought-out and consistent measures of the past 13 years have made it clear that the government views Hungarian agriculture as...
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NAV revealed the illegal practices of a suspiciously cheap webshop
The commercial practices of a webshop operated in Slovenia were investigated by the inspectors of the Special Tax and Customs Directorate of NAV; it turned out that the evasion of...
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Companies offer the highest incomes for internships in these areas
This year, companies are offering the highest incomes to employees applying for internships in the fields of sales, finance, operations, HR and logistics – Munkahelyeink.hu told MTI on Thursday based...
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Profession.hu: Employee well-being can be improved by properly separating jobs
From the point of view of employee well-being, even though it is a determining factor, merely having an adequate amount of benefits is not a sufficient factor. If the mental...
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Agrometeorology: in the central and southeastern parts of the country, summer crops would benefit from rainfall
There is already a drought in the central and southeastern parts of the country, the summer field crops in these areas can only get moisture from the deeper soil layers,...
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A record number of students are starting their studies in the field of food science
This year, more than ever, 3,367 students were admitted to the courses of the Hungarian University of Agriculture and Life Sciences (MATE) starting in September, which represents a 32 percent...
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Anywhere, anytime, poultry.
The domestic poultry sector is the largest and continuously developing sector of Hungarian animal husbandry, and its importance is outstanding in terms of supplying domestic consumers and exports. The domestic sector...
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Co-op boss calls for change in police response amid ‘out of control’ retail crime
Co-op food managing director, Matt Hood, has called on the police to “play their part” in tackling retail crime as rates surge 35% year on year. The convenience retailer has...
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Nestlé taps regenerative agriculture for US wheat supply and Digiorno pizza ingredients
Nestlé has invested in regenerative agricultural practices of US wheat farms in the Digiorno supply chain to produce healthier, more sustainable ingredients for their pizzas. As part of its roadmap...
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More Than Half Of Shoppers Have ‘Abandoned’ E-Commerce, Study Finds
More than half (52%) of e-commerce grocery shoppers are no longer shopping online, compared to a year ago, new global research from SymphonyAI Retail CPG has found. The analysis of...
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The tractor pulling competition in Hajdúböszörmény will have more participants than ever before
The international tractor pulling competition in Hajdúböszörmény will have more participants than ever before this year, the organizers announced at a press conference in Hajdúböszörmény on Thursday. 22 teams from...
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Signature 40: Once again, the main role belongs to operational specialists
They are looking for the best brand managers of the year once again: the Signature 40 initiative awards operative specialists who are behind successful campaigns and projects and work directly...
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István Lakatos: “I am not the failure-avoiding type, I am success-oriented”
István Lakatos, the CEO of Bravogroup Holding was Szilvia Krizsó’s guest in the latest episode of the Future Talks podcast. This article features parts of the conversation, but you can...
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From August, a new manager will manage FrieslandCampina Hungária Zrt
As of August 1, Ferenc Szecskó is the CEO of FrieslandCampina Hungária Zrt., the food industry company told MTI on Wednesday. Ferenc Szecskó has been a member of FrieslandCampina’s management...
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Talentis Agro Zrt enters the international market
Talentis Agro Zrt. enters the international market: Lőrinc Mészáros and Talentis Agro Zrt. – which is a member of the Mészáros Group – signed a sales contract with Nikola Velicki,...
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