News and articles
These are the food companies that remain in Russia
Here are the FMCG companies that have already communicated that, despite the Russian-Ukrainian war, they will not sanction Russia for leaving the market. The news was reported by the Russian...
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(HU) Íme, az oroszországi működést felfüggesztő nonfood-cégek listája
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NAK: The Hungarian countryside is the country’s economic reserve
The Hungarian countryside is the country’s economic reserve, which ensures food supply even in the most difficult times, the president of NAK said at the Saturday farmers’ congress of the...
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Nébih collects information on the purchase and consumption of frozen vegetables
The National Food Chain Safety Office (Nébih) is launching a new study to find out the buying, using and consuming habits of the Hungarian population related to quick-frozen vegetables, the...
Read moreLogistics Association: Hungary will become a regional distribution center
According to the Association of Logistics Service Centers (Logisztikai Szolgáltató Központok Szövetsége), Hungary will become a regional e-commerce distribution center in the Central European region; in the second half of...
Read moreThe primary goal is to provide food
The strategic plans of the Common Agricultural Policy must show a proper vision for farmers, said Nagy István, head of the ministry, at the second meeting of the Hungarian V4...
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The 10th Wine Conference was opened
Government efforts in recent years have focused on strengthening the rural economy, including the situation of wine and wine producers. We want to use the resources to support a livable...
Read moreNagy István: one can re-apply for development support for livestock farms again
The call to support the development of livestock farms can be re-applied for from 28 February, in the framework of which livestock farmers will once again have the opportunity to...
Read moreEmployment increased, and the unemployment rate fell in the United States in February
In February, the number of people employed in the non-agricultural sector rose in the United States instead of the expected decline, and the unemployment rate fell more than expected, the...
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What kind of alcohol remains in Russia? Any, but 20% more expensive
The Russians may be preparing for a brutal price increase: partly because of the sanctions imposed by Western companies on the Russian market – we have already published several lists...
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Retail sales in the euro area grew less than expected in January on a monthly and annual basis
In the euro area, retail sales rose less than analysts expected in January on a monthly and annual basis. The European Union’s statistical office, Eurostat, said on Friday that retail...
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(HU) Hatalmasat zuhant a forint, csak a rubel esett nagyobbat
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China sets economic growth of around 5.5% by 2022
China has set an economic growth goal of around 5.5 percent by 2022, Chinese Premier Li Keqiang said on Saturday at the opening of the annual session of the National...
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This is how Russian companies are affected by the separation from SWIFT
On March 12, the following Russian banks will be separated from SWIFT: VTB, Rossiya, Otkritie, Novikombank, Promsvyazbank, Sovcombank and VEB. However, many banks remain in the system, and companies have...
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XIXO #Tutti Fruity
Tutti-frutti flavoured, carbonated soft drink, made without caffeine or preservatives, enriched with vitamins B2, B3, B5, B6, B12 and C. The product is available in the infinitely recyclable 250ml aluminium...
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LMP: the development of rural infrastructure is a priority in the programme of the opposition alliance
The development of rural infrastructure, including inferior road networks, is a key focus of the government programme of the opposition alliance United for Hungary, the leader of the LMP parliamentary...
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Wholesaler Metro Still Doing Business In Russia, Ukraine
Wholesaler Metro said that its businesses in Russia and Ukraine are still operational, with its Russian arm paying salaries and suppliers via international banks not affected by sanctions. Metro said...
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SPAR Austria Launches Organic Herbs, Spices In Sustainable Packaging
SPAR Austria has launched a new range of locally sourced, organic herbs and spices in plastic-free packaging under the Natur*pur banner. The spices, sourced from Mühlviertel and Waldviertel in Austria,...
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EU May Let Farmers Use Fallow Land As Ukraine War Hits Grain Supply
The European Union will consider letting farmers use fallow land, notably to grow protein crops for livestock feed, to counter disruption to supply from Ukraine following Russia’s invasion, officials said....
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VOSZ: Cooperation is the key to successful crisis management
In the shadow of the pandemic and the war near Hungary, the importance of cooperation was highlighted by the speakers of the 22nd Entrepreneurs’ Day event, VOSZ President János Eppel...
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PHOENIX Hungary to help Refugees in Ukraine with drug donations
Phoenix Hungary feels obliged to support the Ukrainian population and refugees in the current situation....
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Magazine: Richer in flavours
In the last 10 years the wet condiment category didn’t stop developing, and after the panic-buying in 2020 sales didn’t drop in 2021 either. We learned from Anita Plánk, Unilever...
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(HU) Önt is várja a Future Store – Innovációk az AISS-tól és a Szentkirályi Magyarországtól
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In January, the turnover of retail stores increased by 4.1 percent
According to the raw data, the volume of retail trade turnover increased by 4.5 percent in January, 4.1 percent year-on-year, according to the raw data, the Central Statistical Office (KSH)...
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KSH: The trade surplus in 2021 was 1.897 billion euros
In 2021, the value of Hungarian exports in euros was 13.6 percent, and imports 18.2 percent higher than in the previous year, the export surplus melted to 1.897 billion euros...
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Retail sales are expected to expand more strongly from February
Household consumption is set in the crossfire of rising incomes and high inflation in the first half of this year, according to the latest data data. According to a report...
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Irrigation of two thousand hectares will be provided by the next phase of the Homokhátság Water Replacement Project
The conditions for the irrigation of two thousand hectares will be created by the next phase of the Homokhátság water replenishment project, for which the government provided 1.8 billion HUF,...
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Magyar Bankholding: loan and deposit portfolio in the agricultural sector grew above average last year
Last year, slightly above the national average, the loan portfolio of enterprises related to agriculture and the food industry grew by 11 percent in Hungary, and in the member banks...
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What about the small gas stations after the gas price stop?
It is difficult to decide what is worse: the 600 HUF petrol price prevailing in neighbouring Slovakia, or the fact that many petrol stations at the border are forced to...
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Moody’s and Fitch have withdrawn their investment grade sovereign ratings from Russia
Two international credit rating agencies, Moody’s Investors Service and Fitch Ratings, withdrew Russia’s investment-recommended sovereign rating on Thursday. Moody’s has downgraded Russia’s long-term foreign currency and foreign currency debt rating...
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