News and articles
British food exports to the EU fell by almost half
British food and beverage exports to European Union markets fell by almost half in the first quarter of this year, according to a recent survey by the British Food and...
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Lego invests 53 billion HUF in Nyíregyháza
Lego will expand its Nyíregyháza plant with 53 billion HUF with state support, the Minister of Foreign Affairs and Trade announced at a press conference in Budapest on Friday announcing...
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More than 5 tonnes of waste have been collected in the second half of the year. Lake Tisza PET Cup
Sorry, this entry is only available in HU....
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Vajda-Papír supplies hygienic paper products to the Hungarian Maltese Charity Service’s children’s programs for a year
Hungarian-owned Zalmon Kft. is developing a state-of-the-art salmon farm in Zalaegerszeg, the company informed MTI on Thursday. According to the Communication, the construction of the investment, with a grant of...
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Startup develops a method for growing produce using saltwater
Saudi Arabia has a problem with a lack of freshwater – a problem being faced by a growing number of other countries as well. Because most water is used by agriculture, this means that...
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Magazine: Strong Brands, Strong Immune Systems
In this piece Henkel CEO and BGA Hungary President Ágnes Fábián gives us again her account of the previous business year along with some personal insights into the Covid issue....
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Spar opened and renovated stores with an investment of more than 1.9 billion HUF
Spar Magyarország opened two new supermarkets and renovated two of its stores. The total value of the developments exceeds 1.9 billion HUF, the company told MTI on Thursday. One of...
Read moreVarga: Hungary moved up five places in the international competitiveness ranking
Hungary has moved up five places in the competitiveness ranking published by the IMD World Competitiveness Center of the Swiss Business School, said Minister of Finance Varga Mihály at a...
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The highest inflation of the past two and a half years was measured in May in the euro area
In May, the highest inflation in the euro area was two and a half years ago, according to a Thursday report by Eurostat, the European Union’s statistical office. Inflation rose...
Read moreLondon Investor Survey: global business sector sentiment improved markedly
The mood in the global corporate sector has improved markedly in recent weeks, and businesses are increasingly likely to see a steep global economic recovery from the downturn caused by...
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Private label is growing dynamically in the U.S.
Because of Kroger quarter report private label in the U.S. got into focos too. In 2020, the market share of private label brands in the United States was 19.5 percent. Yearly percentage change in...
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AM: digitalisation is the key to the green transition of agriculture
One of the most serious challenges of agriculture is generational change. Since farming requires a serious and long-term commitment, young people should be attracted to the agricultural profession by presenting...
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Palkovics: strengthening Hungarian-owned enterprises is the key
Strengthening domestically owned enterprises is essential for the effective relaunch and sustainable growth of the economy; the government supports local economic development efforts by a myriad of means, said the...
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That’s why water is so important
The more limited living situation of the past period will make it easy for us to lose our internal balance with the sudden arrival of warm summer, busy weekdays and...
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Conscious home stores did not save on improvements
According to KSH data, in 2020 the volume of domestic retail sales decreased by 0.3% compared to a year earlier, so the coronavirus outbreak and the accompanying restrictions broke an...
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New father’s day campaign launched by Dreher
Unlike Mother’s Day, the celebration of Father’s Day is still unfinished in our country. Dreher’s online campaign in June aims to raise awareness of the importance of the day and...
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Soproni Meggy Ale becomes even more popular than IPA
Orsolya Stefanie Ludvig, the head of corporate affairs and communications at Heineken Hungária told: the first harvest from the brewery’s ‘hop project’ – which was launched in 2019 – took place...
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WAI Moment Hard Seltzer
WAI Moment is a hard seltzer, a carbonated alcoholic drink in 0.33-litre aluminium can packaging. It is available in three flavour combinations: Tropical Crew has mango-papaya-pineapple flavours, in Crazy Berries...
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Magazine: Restructuring and renewal
Unilever Magyarország Kft.’s experts quoted Nielsen data to reveal that the shower gel market expanded by 2.09 percent in value in 2020, while in volume sales it stayed put. Value...
Read moreMore Hungarian e-merchants should enter foreign markets
Domestic e-commerce closed a record year last year, but the growth of foreign players is growing; Many more Hungarian e-merchants should enter foreign markets, according to an expert from the...
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OTP Mortgage Bank: farmland became 5 percent more expensive last year
Last year, the average price of arable land in Hungary increased by 5 percent: the average price per hectare increased from 1,593 million HUF in the previous year to 1,673...
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Insect repellents are safe according to the product test of the Conscious Buyers Association
The 36 mosquito and tick repellents tested by the Conscious Consumers Association are safe, but only if consumers adhere to the dosage and restrictions on the label, the association said...
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The euro area’s foreign trade surplus in goods has increased
Due to the base effect, the euro area trade surplus increased significantly year-on-year in April this year, according to a report by the European Union’s statistical office, Eurostat, on Tuesday,...
Read moreIfo lwered this year’s German GDP growth forecast
Referring to disruptions in the global raw material supply chain, the ifo economic research institute in Munich has slightly worsened its GDP growth forecast for Germany this year. The Ifo...
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Just Walk Out shopping at Amazon Fresh store
For the first time, Just Walk Out technology is available in a new full-size Amazon Fresh grocery store. Now customers can save time shopping for groceries by skipping the checkout...
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European Food program – soon to be launched in Hungary: Promoting well-being through healthy and sustainable nutrition
The European FOOD (Fighting Obesity through Offer and Demand) program, coordinated by the Edenred Group, aims to promote healthier eating in the workplace through various initiatives. Key principles: • Promote healthy eating...
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Beyond poppy seed noodles and after a price increase
One of last year’s winners is the pasta category, but the rapid sales growth seems to have come to a halt this year – we learned from Gábor Bokros, deputy...
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Business spirit is back
The establishment and terminations of companies also reflect the recovery of the Hungarian economy following the downturn following the outbreak of the coronavirus epidemic. In the second quarter of last...
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Dynamic growth expected in the Hungarian factoring market after a slight downturn
According to the first quarter 2021 statistics of the Hungarian Factoring Association, factored turnover increased by only 1%. However, based on the experience of Péntech, interest in digital factoring services...
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On 17th of June, fruit and vegetable day again: the Hungarian fruit season and the #Zöldség-Fruit Hero competition will start!
The National Chamber of Agriculture and the European Fresh Team programme will also announce the Hungarian Fruit and Vegetables Day on 17 June to raise awareness of fresh, seasonal fruits...
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