News and articles
Allen & Overy: a decline in international mergers and acquisitions rates last year
The global Mergers and Acquisitions (M&A) market has seen a decline in international transactions, with investors focusing primarily on their own markets last year – the Hungarian partner of Allen...
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Sirha closed a successful exhibition at Hungexpo
All participants as a professional consider the Sirha Budapest International Food and HoReCa Trade Fair as a business success. The HUNGEXPO Budapest Convention & Exhibition Center saw 12 percent more...
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FAO: Food Price Index eases in October as dairy prices decline
Global food prices dipped in October, led lower by dairy products, averaging 27 percent below its all-time high reached in early 2011. The FAO Food Price Index averaged 176.4 points...
Read moreLegislation and subsidies help to increase irrigated areas
The new legislation, which came into effect in January 2020, provides an opportunity to expand irrigated areas in Hungary, for which simplified irrigation development plans can be made and farmers...
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Kroger Is Testing ‘Food as Medicine’ With Food Prescriptions for Customers
Kroger is testing a new concept where doctors can write food prescriptions their patients then fulfill at one of the grocery chain’s stores with the help of a Kroger Health...
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Norway Raises Output Quotas For Salmon Farmers
Norway will allow fish farming companies to raise their salmon and trout output capacity in nine of the country’s 13 ocean farming regions, its fisheries minister has said. The system...
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Kaufland To Remove Microplastics From All Personal Care Products By 2021
Discounter Kaufland says that it will have ‘completely dispensed’ with microplastics across its cosmetics and personal care ranges by the end of 2021. The Schwarz Group-owned retailer has already eliminated...
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(HU) Lendvai Levente, az Arany Kaviár séfje lett a Jeunes Chefs Rôtisseurs Ifjúsági Szakács VB hazai döntőjének győztese
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FAO: world food prices continued to increase in January
World food prices have risen in January for the fourth consecutive month, this time mainly due to higher prices of vegetable oils, sugar and cereals. The January Food Price Index...
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The Hungarian coffee profession to be introduced in the Millenáris Park
Fifty exhibitors of coffee, accessories and other products, barista tournaments and twelve attendance programs await the audience to the 11th KávéBár Bazár (CoffeeBar Bazaar) on Saturday and Sunday to the...
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Twelve teams compete in the final of the Catering Chef Competition
The 12 teams competing in the 2019-2020 Final of the Catering Chef Competition will learn from the best in the industry Zsigó Róbert, Minister of State of teh Ministry of...
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Professional federation: the number of students opting for the agricultural engineering profession has increased
In five years, the number of students opting for the agricultural engineering profession has increased by 70 percent, most of them choosing an agricultural career because of competitive income, high-tech...
Read moreEY: Hungarian companies have a lot to do because of Brexit
Hungarian firms have a lot to do with Brexit, with the UK’s exit from the EU. It will most affect the issue of customs and VAT, says EY in a...
Read moreRetail sales in the Czech Republic increased by 4.8 percent last year
Retail sales in the Czech Republic rose 4.8 percent last year, the Czech Statistical Office (CSÚ) said in a statement on Wednesday in Prague. Retail sales growth has been steady...
Read moreRomanian retail sales increased by 7.2 percent last year
Romanian retail sales grew 7.2 percent last year – the Romanian National Institute of Statistics announced oon Wednesday. The increase was mainly due to non-food sales, of which sales increased...
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Israeli scientists plant date palms from two thousand year old seeds in Israel
Israeli scientists planted six date palm trees from the seed from Jesus’ age. Professionals hope to be able to grow a date palm on male-female seeds found in the Judean...
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Euro area private sector’s growth accelerated slightly in January
The year started stronger in the euro area private sector, with economic growth slightly accelerating in January – according to IHS Markit’s Purchasing Manager Indexes. The Eurozone Composite Purchasing Manager...
Read moreUS Import Duties – China halves additional duty on certain US products
China will cut customs duties on certain US products by half – the Chinese state news agency sannounced in a statement Thursday. The measure, which will take effect on February...
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The launch of the new iPhone may delay due to the corona virus
In recent days, a growing number of experts believe that the global role of the Chinese supply companies in the global supply chain will affect the coronavirus companies – mfor.hu...
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Brewer Carlsberg Nears Its Sustainability Targets
Carlsberg has reported ‘solid progress’ toward its sustainability goals, the brewer said in a statement. The Carlsberg Group’s ‘Together Towards ZERO’ programme’s sustainability targets are aimed at reducing the company’s...
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Spar Italia Uses Apps, Games To Enhance Shopping Experience
A number of Spar partners across Italy have rolled out mobile apps and games to enhance the shopping experience for customers. In the Northeast and Emilia-Romagna regions, Aspiag Service is...
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Starbucks improves customer experience with AI
Starbucks Corp. is seeing a number of benefits from deploying artificial intelligence (AI)-equipped hardware and analytics. The coffee giant plans to deploy 4,000 AI-enabled Mastrena II espresso makers during 2020,...
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Magazine: Programmes at Sirha Budapest
Bocuse d’Or Hungarian selection 5 February 2020 – Pavilion A, competition stage On the second day of Sirha Budapest it will be decided who is going to represent Hungary in...
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(HU) A legjobb eredménnyel a döntőbe jutott Veres István lett a Bocuse D’Or hazai döntőjének győztese
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Read moreKSH: retail sales increased by six percent last year
Retail sales grew by six percent in 2019, according to both raw and calendar-effect adjusted data, after the 6.7 percent of the previous year – the Central Statistical Office announced...
Read moreNielsen: we spent 2.5 trillion HUF in retail in 2019
Hungarians spent nearly 2,500 billion forints in 17,000 business units in 2019, which is a 7 percent increase, compared to the 2018 total annual sales. Sales volume increased by about...
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We can be successful with excellent domestic ingredients
It is important for us that the top performances of Hungarian gastronomy make everyday life more beautiful. Neither quality gastronomy, nor successful food industry can be imagined without high-quality, healthy...
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MNB: household debt increased by 15.6 percent in 2019
Households’ loans increased by 957 billion HUF from last year’s 338 billion HUF to 7,107 billion HUF at the end of last year. It is 15.6 percent higher than a...
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More than two hundred furmins at the Furmint February Grand Tasting
The visitors of the 11th Furmint February Grand Tasting can meet with one of the most important white grape varieties of the Carpathian Basin at the Hungarian Agricultural Museum on...
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