News and articles
Danone Enters the Returnable Glass Business
Amid its corporate restructuring, the French Danone Group is breaking new ground in the water business: the Volvic brand is launching Naturwald Quelle, a regional mineral water in returnable glass...
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The national hail mitigation system worked well
The soil-generated national hail mitigation system has operated nationwide, however, despite being state-of-the-art technology, it cannot provide effective protection against supercells. According to preliminary data, hail reports have been received...
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Pond fish production increased last year
Last year, the fish production of Hungarian pond farms increased, reaching 21,353 tons, 4 percent more than in the previous year, according to the sectoral summary of the Institute of...
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Budapest Bank’s agricultural economic index rose to a record level
Hungarian farmers have a positive view of the future. Budapest Bank’s latest agricultural economic index was 16 points, the highest value in the last 6 years, an increase of 20...
Read moreOcean shipping can pocket huge profits
This year could be a big year for ocean shipping companies, as they could pocket up to 100 billion USD in profits in 2021, origo wrote. In addition, analysts say...
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Generali launches the goals of the Net-Zero Insurance Alliance at the G20 Climate Summit in Venice
Generali is a founding member of the Net-Zero Insurance Alliance, pledging to transition their insurance portfolios to net-zero greenhouse gas emissions by 2050. Generali’s commitment is underpinned by its strategy...
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Quality and faith in the future: Superbrands awarded to Pek-Snack
Superbrands was awarded to Pek-Snack. The network of spectacle bakeries in more than 1,800 locations in Hungary is proud that it was during the coronavirus pandemic and the economic crisis...
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A new SPAR supermarket awaits customers from September at Etele Plaza
Etele Plaza, which opens in September at Etele Square in Újbuda, will be expanded with a well-known and popular shop. On the ground floor of buda’s largest shopping centre, the...
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Organic farming on an upward trajectory in Hungary
In Hungary, the ecological arable land size has increased by about 70 percent to almost 100,000 hectares in the last ten years. According to the working group of the Interprofessional...
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This is how the world’s largest logistics company manages the new EU VAT rules
UPS has selected pwc tax advisor to provide mediated services related to the new EU VAT rules to eligible UPS customers. As part of this agreement, customers will be helped...
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UN report: Pandemic year marked by spike in world hunger
There was a dramatic worsening of world hunger in 2020, the United Nations said today – much of it likely related to the fallout of COVID-19. While the pandemic’s impact...
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First Product Packaging for People with Visual Impairments
New technology aims to make shopping easier for people with visual impairments: a code on the packaging allows smartphones to recognize ingredients and nutritional information and play it back to...
Read moreLidl To Add Animal Welfare Label To Sausages
German discounter Lidl is adding animal welfare labels to sausages sold under its private-label brand Metzgerfrisch. The label is now being extended to sausages after it was initially added to...
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M&S Introduces 25p Banana Bundles To Reduce Food Waste
UK retailer Marks & Spencer has introduced a new banana waste reduction scheme across all stores across England. The scheme allows customers to take home a cardboard bag of extra ripe bananas...
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Blokkk.com: Budapest stores are the last to open
The traditional shopkeeping industry is improving. The hunting of real estate and moving away from the epidemic is also reflected in the shop world, since the shops of the capital...
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Analysts: inflation is worse than expected
According to analysts interviewed by MTI Inflation turned out worse than expected in June. The expect the central bank to continue raising interest rates. According to a report by the...
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At the end of June, Groupama received almost 1 billion HUF in agricultural claims
After the last weekend of June, Groupama received almost 600 claims worth a total of 1 billion HUF, the insurance company told MTI. The damage was mainly caused by hail...
Read moreK&H Bank: The expectations of SMEs are on a 17-year peak
The K&H Bank’s SME Confidence Index rose by twenty points, to the most optimistic value of a survey examining the expectations of Hungarian small and medium-sized enterprises for 17 years....
Read moreAnother tender was announced to support horticultural plants
With a budget of fifty billion forints, another tender was announced for the technological renewal of smaller horticultural plants, the Minister of Agriculture announced in Szentes on Thursday. Nagy István...
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Small farmers will have more space
Hungarian small producers, family farmers, micro, small and medium food enterprises are the basis of Hungarian agriculture. The Ministry has set a vision for giving these small entrepreneurs even more...
Read moreMinistry of Agriculture: the domestic food industry can count on government support
Increasing the productivity of the Hungarian food economy is a key issue, for which it is extremely important to support digitization and the application of new technologies, Erdős Norbert, State...
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Here are the data, where are the data…?
In today’s more and more digital economy one of the most important questions is: What is happening to the data of the customer when they buy something online? E-commerce operations...
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SPAR’s home delivery service is now available in Székesfehérvár
Sorry, this entry is only available in HU....
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Workers with disabilities can be a significant reserve in the Hungarian labour market
With a little attention and openness, it would be possible to employ colleagues with disabilities in almost any company. Although there are already good examples, there are still a lot...
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The forecast of GKI Economic Research Co. for 2021 – Summary of the June update of the March 2021 forecast for the press, 30 June 2021
GKI raised its growth forecast for this year very significantly to 7 per cent from 4.3 per cent in March. This is based on a faster-than-expected recovery from the crisis,...
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The aim of Kvarchomok Kft. is to reduce the shortage of raw materials in the construction industry and the falling prices of raw materials
The Hungarian-owned Kvarchomok Kft., founded in 1990, recently won the right to extract a total of four gravel and sand mines located in the vicinity of Kiskunlacháza and SouthEgyháza for...
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KSH: prices increased by 5.3 percent on an annual basis In June
In June, consumer prices were on average 5.3 percent higher than a year before, and the prices of alcoholic beverages, tobacco and fuel have risen significantly in the past year,...
Read moreKopint-Tárki expects higher economic growth compared to its previous forecast
Kopint-Tárki expects GDP growth of 5-5.5 percent this year, instead of the 4.5 percent indicated in April, according to the latest business report published on the research institute’s website. In...
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Chamber of Agriculture: Hungarian watermelon will be of high quality
The watermelon harvest will begin in the southern regions of the country at the end of this week, and due to the favorable weather in recent weeks, producers expect excellent...
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FAO: food prices decreased in June for the first time in 12 months
In June, for the first time in 12 months, food prices fell globally on a monthly basis. The Food and Agriculture Organization of the United Nations (FAO) calculated that the...
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