News and articles
Imports grew faster than exports
In June, the value of exports in euros increased by 21.8 percent, imports by 25.1 percent, and the export surplus of 629 million euros was 98 million less than a...
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Nébih’s catering information page has been launched
To support the application process and procurement, the National Food Chain Safety Office (Nébih) has set up a catering information page. According to a statement sent to MTI by Nébih...
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Wine production is expected to slow in France
Exports of French wines and spirits were remarkably high in the first half of 2021, exceeding pre-coronavirus levels in several markets, but this year’s wine production is expected to be...
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Mental rest for Nike employees
Nike is sending its employees to a mental health rest center in Oregon, piacesprofit.hu wrote after BBC. Employees of the sporting goods manufacturer’s base were given outgoing before the company...
Read moreConsumer confidence in the United States deteriorated in August
Consumer confidence in the United States fell more than expected to a six-month low in August as a result of concerns about the rapid spread of a highly infectious delta...
Read morePoor plum yields may come in Germany
According to a recent forecast from the German Federal Statistical Office (Destatis), the volume of domestic apple production this year will be around 937 thousand tons, which is 2 percent...
Read moreBrewing may have begun in China nine thousand years ago
According to a new Chinese study, brewing began in China nine thousand years ago, a thousand years earlier than previously thought. Beer drinking was part of the ritual reverence for...
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Marked improvement in operating conditions amid strong demand conditions
August PMITM data from IHS Markit signalled a marked improvement in the health of the U.S. manufacturing sector. Although slightly softer than that seen in July, the expansion was supported...
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GALLIO turkey breast hams
The turkey breast hams of the new GALLIO product range represent premium quality in the turkey ham market. GALLIO turkey hams are available in plain, dried tomato, prune and crushed...
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Magazine: Business Dinner 2021: ‘After 30 years Hungarian groceries are still respected abroad’
Trade magazin organised its annual Business Dinner at the end of June. The event’s host was Szilvia Krizsó, who discussed what the food industry will be like in 2050 with...
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KSH: earnings increased in June
In June, both gross and net average earnings excluding benefits increased by 3.5 percent from a year before. Net earnings, taking into account discounts increased by 3.1 percent, the Central...
Read moreInvestments are on historical peak
The volume of investments rose to an unprecedented level in the second quarter, when 2,760 billion HUF worth of development was implemented in Hungary, Minister of Finance Varga Mihály said...
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Philip Morris has built a recycling center in Hungary
Philip Morris has built a recycling center in Hungary from 3 billion HUF, the Secretary of State for Information and International Presentation of the Ministry of Foreign Affairs and Trade...
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Global coffee supplies may also be hampered by the Vietnamese lockdown
Vietnamese exporters fear that pandemic closures in Ho Chi Minh City could cause a serious disruption to the world’s coffee supply, telex.hu wrote after BBC. Vietnam is the second largest...
Read moreInflation reached a 13-year high in August in Germany
In Germany, the highest consumer price increase since July 2008 was measured in August this year. According to preliminary data from Destatis released on Monday, consumer prices rose 3.9 percent...
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Employment at peak, labour shortages return in several areas
The economic recovery following the virus crisis is noticeable in the labour market: according to the latest CSO data, employment at record levels and, based on whc group’s own experience,...
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For the first time, consumers get to choose their favourite Hungarian drinks
For the first time, Hungarian consumers have the opportunity to make the final decision about the country’s favorite wines, wineries and spirits. The Vince Prize will be awarded in November...
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The seedling program with the involvement of the smallest gardeners has been successfully completed
Two thousand kindergarteners got acquainted this year with the education of the landscape variety tomatoes thanks to the Ecological Agricultural Research Institute (ÖMKi), the Ovikert program and the Responsible Gastronomic...
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(HU) Uniós oltalmat kapott a Nagykunsági birspálinka
Sorry, this entry is only available in HU....
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AM: seed is the best in Hungary
The adaptability of plant varieties bred in Hungary under Hungarian climatic conditions is outstanding, which is a valuable property, and it is worth basing agricultural production on them, said Zsolt...
Read moreIstván Nagy, Minister of Agriculture: we can achieve the diversity and competitiveness of agriculture by exploiting the support opportunities
By exploiting the support opportunities, the diversity, stability and competitiveness of agriculture can be realized, said István Nagy, Minister of Agriculture, at the ceremony of the meat processing plant of...
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Woodworker brings her skills to sustainably made e-bikes
Woodworker Evie Bee published two books detailing the process she undertook in designing and building her electric bicycle, Electraply. The name is a play on the words electric and plywood, with the...
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Starbucks for Hungarian forests and sustainable solutions
Environmental protection is a priority for Starbucks. As one of the world’s largest coffee shops, the company is constantly striving to find new ways to a sustainable future and contribute...
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Digital Health Summit: Health digitalization in Hungary before explosion
Health digitalization is currently one of the hottest markets in the world, reaching $660 billion by 2025, from $175 billion in 2019 to $660 billion by 2025, according to experts....
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Aldi Süd Expands Its Range Of Domestic Products
Aldi Süd has expanded its offering of domestic products to over 2,500 SKUs, which is more than double compared to autumn of 2020. The new additions range from baked goods...
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Asda owners to open 300 convenience stores in petrol stations
The billionaire Issa brothers are set to make their mark as Asda’s new owners by reportedly planning to open over 300 Asda convenience stores across their EG Group estate. According...
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MIHAS 2021: Sign up for the biggest virtual exhibition of the Halal sector
In today’s interconnected global economy, I am sure we have heard, at the least in brief, about the Halal economy. Casually known as a set of Islamic rules about meats,...
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Analysts wage competition in a tight labor market also carries inflationary risks
In addition to the lifting of restrictions in the third wave and the recovery of the service sector, seasonal factors also helped achieve a historic employment level in July. However,...
Read moreBusinesses can continue to apply for the Hungarian Multi Program funding of one hundred billion forints
The government’s goal is 5.5 percent economic growth, so we are devoting more resources to the Hungarian Multi Program than ever before to help promising domestic businesses become large companies....
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