News and articles

Retail sales in the euro area and the EU increased in February

Retail sales increased in February in the euro area and the European Union on a monthly and annual basis. The European Union’s statistical office, Eurostat, said on Thursday that retail...

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KSH: The foreign trade deficit in products was 91 million euros in February

In February, the value of exports in euros was 17.7 percent and that of imports 29.2 percent higher than a year before. The foreign trade balance deteriorated by 876 million...

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Great shopping everywhere, people are picking

You don’t have to fall for it: we spent nearly $ 200 billion more in February while getting $ 1,200 billion. Incidentally, the 9.8% increase, which is a volume (volume),...

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AM: Improving animal welfare conditions also increases the efficiency of animal husbandry

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Aldi and Biofilter Zrt. Have collected 100 tons of used frying oil from the public in the last 15 months

Over the past 15 months, Aldi Magyarország Bt. And Biofilter Környezetvédelmi Zrt. Have jointly collected 100 tons of used cooking oil from the public, the retail store network told MTI...

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The INTERSPAR in Nyíregyháza has been renewed

INTERSPAR in Nyíregyháza has been renewed from an investment of more than four billion forints, which provides a complete shopping experience with a wide range of goods, environmentally friendly solutions...

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Spar renovated four stores for more than HUF 6.5 billion

Out of an investment of more than HUF 6.5 billion, new and renovated Interspar and Spar stores were opened in four settlements nationwide, Spar Magyarország Kereskedelmi Kft. Told MTI on...

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Szentkirályi Hungary closed a good year in 2021

The invoiced sales of Szentkirályi Magyarország increased by more than 10 percent and the sales volume by 7 percent last year compared to 2020. Outstanding results provide a solid foundation...

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Domestic horseradish production has been growing for 3 years

Hungary is the largest horseradish producer in the European Union. A significant part of Hungarian horseradish is exported, where – due to its unique flavor – it is typically used...

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Diageo To Invest £40.5m In Beer Packaging Facilities

Spirits giant Diageo has announced an investment of £40.5 million (€48.6 million) to expand capacity at its packaging facilities in Belfast, Northern Ireland and Runcorn, England. The move aims to...

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Raiffeisen: Economic growth could be 2.5 percent this year

Instead of the previously expected 4.5 percent, this year’s economic growth may be around 2.5 percent in Hungary and next year’s around 2 percent, Zoltán Török, an analyst at Raiffeisen...

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Elopak, Nippon Paper Industries Sign Oceania Licence

Carton packaging firm Elopak has announced the signing of a partnership with Nippon Paper Industries, which will see Elopak’s Pure-Pak cartons go on sale in the Oceania market. Nippon Paper...

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MOL Group Acquires Plastic Recycling Company ReMat

Fuel retailer MOL Group has acquired Hungary’s ReMat, a plastic recycling company with an annual processing capacity of 25,000 tonnes and almost 200 employees. The deal aligns with the fuel...

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Analysts: Retail sales grew more than expected

The volume of retail sales increased more than expected in February compared to the same period of last year, analysts told MTI commented on the latest report from the Central...

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In 2021, the government issued tenders worth 2,000 billion HUF in agriculture

Last year, the government issued tenders worth 2,000 billion HUF to farmers, food processors, viticulturists and winemakers, said the state secretary of the Ministry of Agriculture responsible for agriculture and...

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Almost 40 percent of the autumn rape had to be pre-harvested in Békés county

Due to the large water shortage, almost 40 percent of the autumn rape had to be harvested in Békés county, the general deputy chairman of the Békés county directorate of...

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Colliers’ commercial real estate investment volume in Central and Eastern Europe rose 6 percent last year

Despite the disruption caused by the pandemic, last year the volume of commercial real estate investment reached 11.07 billion euros in the Central and Eastern European region, an increase of...

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In the OECD, inflation was at a 31-year high in February

In the countries belonging to the Organization for Economic Co-operation and Development (OECD), the annual increase in consumer prices was 7.7 percent in February after 7.2 percent in January. Inflation...

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In February, producer prices rose by 1.1 percent in the euro area and the EU

On a monthly basis, producer price inflation has slowed at a record pace on an annual basis, both in the euro area and in the European Union. The EU’s statistical...

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Analysts: Retail sales increased above expectations

The volume of retail sales increased more than expected in February compared to the same period of the previous year, analysts commented on the latest report of the Central Statistical...

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AM: Hungary active at regional level for sustainability

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(HU) Nébih: Magyarországra is érkeztek szalmonellával szennyezett Kinder csokoládétermékek

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Trade unions protest for energy and food safety in Bucharest

Thousands of members of Romania’s National Trade Union Bloc (BNS) protested in Bucharest on Wednesday demanding government measures to counteract the negative effects of the war in Ukraine....

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Feldman Zsolt: Óriási a nyomás a mezőgazdaságon, de szép és izgalmas év vár ránk Zsolt Feldman: The pressure on agriculture is huge, but a beautiful and exciting year awaits us

This is the second year that is a transitional period for EU agricultural regulation. Although the really big changes will take effect from 2023, it is vital that this year...

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EU to spend €554 million this year on food security in the Sahel and Lake Chad

Due to the worsening food and nutrition security situation in the wake of Russia’s aggression against Ukraine, the European Union has decided to spend 554 million euros (about 205 billion...

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KSH: The turnover of retail stores increased by 9.8 percent in February

In February, the volume of retail trade turnover was 9.8 percent higher than in the same period of the previous year, according to both raw and calendar-adjusted data, the Central...

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DS Smith calls for UK energy classifications and public investment as inflation hits supply chains

DS Smith is issuing a call for energy classifications and public investment in energy infrastructure in response to the threat of inflating prices and supply chain disruptions. The UK is...

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Fewer than 20% of retailers on track to meet sustainability targets

Fewer than 20% of retailers are on track to meet their sustainability targets, according to the Boston Consulting Group. The consultancy surveyed 37 major retailers around the world with annual...

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UPS healthcare business expands its capacity in Hungary by 1.5 times

As part of its intensive global expansion strategy, UPS Healthcare, the healthcare business of leading logistics service providers, has recently made several significant investments in Hungary, offering faster delivery times...

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NAK: This year, village farmers are mainly helping people to submit uniform applications

This year, the village farmers of the National Chamber of Agriculture (NAK) are mainly helping people to prepare and submit the single payment application, which has been done over the...

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