News and articles

Companies recruited workers differently in 2021

At the end of the last quarter, 2021 was an unprecedented year for the labour market. A clearly visible, intense recruitment wave has been going through the country over the...

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Natural Branding: Plastic bans on fruit & veg shine light on laser-marking tech

Industry appetite for Natural Branding – a technology that lasers markings onto the surface of some fruits and vegetables – is gaining traction amid proliferating plastic packaging bans. Notably, France...

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Mondi announces net-zero by 2050 pledge after delivering “credible” plan

Mondi is targeting net-zero emissions by 2050, in line with the UN’s Science-Based Targets initiative (SBTi). The paper and packaging giant says it has waited to announce the plan to...

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Carrefour Invests In Four Polish Foodtech Startups

Four Polish startups in the foodtech sector have been awarded a grant from the Carrefour Foundation, the company has announced. The companies include Food Jack, KuMin.Sys, Nielone, and Yoush. Technology...

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Magazine: Key factors

During the coronavirus pandemic those winemakers suffered the biggest sales losses whose main partners were in the HoReCa sector or in event gastronomy. Those selling to retailers quickly adapted to...

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GKI’s economic sentiment index closed last year with a decline and started this one with an improvement

After the contraction in November and December, GKI’s economic sentiment index re-bounded in January 2022 to its November last year level. According to a survey conducted by GKI Economic Research...

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Takarékbank revised its growth forecast for last year and this year downwards

Macroeconomic analysts at Takarékbank and the Magyar Bankholding have downgraded their GDP forecast for 2021 to 6.9 percent from 8 percent and this year’s growth forecast to 6 percent from...

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Ministry of Agriculture: the renewal of the food industry is the basis of competitiveness

The goal of the Ministry of Agriculture is to modernize the entire Hungarian food industry, Nagy István, head of the ministry said in Csorna on Friday, according to a statement...

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A banana grown in Ethiopia could be the new superfood

Scientists say that the enset, a banana grown in Ethiopia, could be the new superfood and could provide a life-saving response to climate change, BBC News reported. According to a...

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Aldi opens its first till-free supermarket

Aldi has opened its first checkout-free supermarket where people can shop without having to scan a product. The grocer is operating a “trial” store in Greenwich, London, which allows customers...

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Red Bull Pilvaker is ten years old

Red Bull Pilvaker is ten years old. The modern team of performers and creators, who started out in homage to the heroes of the 1848 revolution, will be shown together...

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Consumer confidence in the euro area and the EU deteriorated minimally in January

The European Commission said on Friday that the value of the consumer confidence index in the eurozone, fell by 0.1 points to minus 8.5 points in January. Analysts expected a...

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The United States was the largest foreign market for Russian ice cream last year

The United States was the largest foreign market for Russian ice cream last year. From the Russian specialty product more was sold abroad last year than in 2020, according to...

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Hungarians launch Europe’s first blockchain-based neobank

Pénzügyi szolgáltatói engedélyt kapott az Európai Unió területén Európa első blokklánc alapú neobankja, a BENKER. A Litván Nemzeti Bank által felügyelt, magyar szakemberek által létrehozott neobank, a BENKER új világrendet...

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Digital agriculture requires digitally prepared farmers

Hungarian agriculture will only be able to remain internationally competitive if it adopts innovative technologies as soon as possible and is widely used by Hungarian farmers, Nagy István Minister of...

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Pandemics and rising input prices hit the poultry sector

The world’s poultry meat production has been developing dynamically in the last two decades, with an average annual growth rate of 5 percent. Experts predict that this trend will continue...

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Ipsos Global Trustworthiness Monitor reveals that pharmaceutical and banking companies and governments are now seen as more trustworthy

New data from the Ipsos Global Trustworthiness Monitor reveals that pharmaceutical and banking companies and governments are now seen as more trustworthy than they were three years ago. • Across...

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Waitrose stocks Sunions “tearless onions” to prevent kitchen crying

Onions that do not reduce cooks to tears have all but been a mythical illusion until now with Waitrose unveiling a sweet range of onions called Sunions which will be...

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Smurfit Kappa Wins 13 WorldStar Awards

Smurfit Kappa announced it has won 13 WorldStar 2022 Awards. Innovative solutions including corrugated packaging for the transportation of fresh fish, a paper-based ceiling luminaire that replaces metal and plastic...

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FAO: Food prices rose to a 10-year high last year

Last year, food prices rose by an average of 28.1 percent globally, and the index following their movement rose to a 10-year high, according to a report by the Food...

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Olympos Light watermelon-apple

A new Light product has been added to the Olympus fruit drink range. We combined two fruits that are very popular in Hungary to launch the watermelon-apple flavour. The product...

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SPAR FAI Primary School 5s Programme Open To schools Nationwide

The SPAR FAI Primary School 5s Programme for 2022 was officially launched today by new programme ambassadors, Republic of Ireland Women’s International Louise Quinn and former Republic of Ireland International...

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Raiffeisen: Hungarian economy could expand by 4.5 percent this year

The recovery of the economy may continue, this year the growth rate may exceed 4 percent in Europe and up to 4.5 percent in Hungary, the bank’s analysts said at...

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Profession.hu: companies started a strong recruitment last year

From the point of view of the labor market, 2021 was an unprecedented year, during the twelve months a visible, intense wave of recruitment went through the country, the companies...

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In a week, the PET Cup’s bottle with a transmitter traveled 300 kilometers on the Tisza

A bottle of the PET Cup with a transmitter has traveled almost 300 kilometers in a week, providing useful data for researching the path of waste floating on the river...

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Euronics sales increased by 11 percent last year

Euronics’ retail sales increased by more than 11 percent to 71 billion HUF last year, the largest annual turnover in the history of the technical department store chain, the company...

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IKEA’s sales in Hungary increased by almost 12 percent in the last financial year

IKEA’s retail sales in Hungary increased by almost 12 percent to 109 billion HUF in the company’s financial year from September 1, 2020 to August 31, 2021 compared to the...

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Record inflation emerged in the euro area in December

According to preliminary data, a record high annual consumer price index occured in the euro area in December, according to a quarterly report from Eurostat, the European Union’s statistical office....

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K&H: Companies have also been hit by inflation

Although large companies have typically already incorporated the impact of monetary deterioration into their prices, more than half of firms have difficulty with high inflation. According to the K&H Enterprise...

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Lidl Hungary wins Top Employer 2022 award

Lidl Hungary was among the top employer certified companies for the first time. With the award, the independent “Top Employers Institute” recognizes employers around the world who provide outstanding employee...

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