Market News

Nestlé To Invest €500m In Chocolate And Biscuit Business In Brazil

Nestlé plans to invest R$2.7 billion (€500.6 million) in its chocolate and biscuit operations in Brazil between now and 2026, which is three times the amount invested in the last...

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The plum season is in full swing, the star fruit of autumn is already available in the markets

This year’s plum harvest will be weaker than average, farmers can harvest around 40-50 thousand tons of the popular fruit – according to the joint market overview of the National...

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Donations are ongoing for the Bread of Hungarians – 15 million wheat grains program on the occasion of the Carpathian Basin Wheat Merger

Hungarians have an unbroken sense of belonging – the Minister of Agriculture emphasized on Saturday in Szolnok, at the bread of the Hungarians – 15 million grains of wheat program...

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Aldi to acquire Winn-Dixie and Harvey’s Supermarket

The deal, which includes approximately 400 grocery stores across five Southeastern states, continues the discount grocer’s aggressive growth trajectory. Aldi announced Wednesday that it has agreed to acquire Winn-Dixie and Harveys...

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National campaign to promote the consumption of rabbit meat

The next stop of the “Rabbit-go-bele” national campaign series to promote domestic rabbit meat consumption was at the Farmer Expo in Debrecen. At the event, Zsolt Papp, Deputy Secretary of...

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Zoltán Pogátsa: The government was only able to help in one area

Economist Zoltán Pogátsa was not surprised to see the recent, not very favorable GDP data, but at the same time he has no idea what the future of the Hungarian...

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The merchants were confident, but for now we spend on the SZÉP card not in the store, but in tourism

While retailers held optimistic expectations, it appears that concerns from the tourism sector about a potential shift in spending patterns due to the option of using SZÉP cards (Employer Provided...

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Lecsó is nearly a luxury dish now

Summer in Hungarian households inevitably features the iconic dish, “lecsó,” yet the overall price increase in the food industry has led to significant rises in ingredient costs. According to Agrárszektor,...

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There is food, the price of which has been reduced by almost half

With the return of the heatwave, the recent rainy weather has led to high humidity, resulting in abundant mushrooms in the forests of Zala and Vas counties – attracting not...

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The price of carrots doubled in one month

In the past month, the price of carrots in Hungary has skyrocketed, nearly doubling compared to previous months – according to information from RTL News. Currently, a kilogram of carrots...

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They do not examine the combined effects of chemicals in food

The permitted chemical limit values in certain agricultural products, including vegetables and fruits, including the regular amount of residues of various herbicides, fungi and insecticides, are established according to the...

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It changes everything: for 96% of company managers, AI is one of the most important topics

Although there are still many unanswered questions about the use of artificial intelligence, 74% of executives already believe that the benefits of generative AI will outweigh the concerns about it....

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Behavioral design is the key to successful change

If we want to put artificial intelligence at our service, we first need to understand human behavior in order to properly train algorithms and make life better overall. This requires...

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This is how much our everyday household appliances consume

Due to the current energy situation, energy awareness and cost efficiency are becoming increasingly important aspects, but do we really know how much our everyday household appliances consume? According to...

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Agrometeorology: sunny, warm, dry weather helps the ripening of summer plants

There may still be sporadic showers and thunderstorms this week, and mostly sunny, warm, dry weather for most of next week will help the ripening processes of summer plants, the...

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One In Five Whoppers Sold At Burger King Germany Is Plant-Based

Meat-free eating is seeing a boom in popularity in Germany. Earlier this year, it was reported that around 10 percent of Germans are vegetarians. It’s also thought that 3.8 percent...

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Mars To Acquire Synlab’s Veterinary Laboratory Diagnostics Unit

Mars Incorporated has entered into an agreement to acquire the assets of Synlab Vet, a European provider of specialist veterinary laboratory diagnostics. The deal will see Synlab Vet, a part...

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The government is a strong ally of agriculture

The government is a strong ally of agriculture, producers, processors, universities, and strives with all its strength to provide assistance to the sector’s players, said the Minister of Agriculture at...

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Survey reveals how retailers view AI, future deployment plans

Retailers have big plans for deploying artificial intelligence (AI) technologies — and sooner rather than later. Nearly six in 10 respondents plan to adopt AI, machine learning (ML) and computer...

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The future of European production is threatened by the unlimited influx of Ukrainian poultry meat and eggs

The import of Ukrainian poultry meat and eggs must be stopped, because the products arriving in the European Union in unlimited quantities not only threaten the future of EU production,...

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László György: the aim of the Teach for Hungary program is to mobilize the country’s labor reserves

The Teach for Hungary program is about mobilizing the country’s labor force reserves – the government commissioner responsible for the coordination of the program announced on Thursday at the site...

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Experts for VG: there is less and less chance of growth this year

For the fourth consecutive quarter, Hungary’s GDP has declined, and the annual decline is worse than expected. Experts have indicated that there is a diminishing likelihood of growth in Hungary...

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GDP decreased by 2.4% in the second quarter

In the second quarter, the domestic GDP decreased by 2.4%, while seasonally and adjusted for the effect of working days, the decline was 2.3%. Compared to the previous quarter, the...

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The industrial production of the Eurozone and the EU increased in June

The industrial production of the Eurozone and the EU increased in June in a monthly comparison, while the rate of decline slowed down in both regions on an annual basis,...

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K&H’s own TikTok channel is launched, focusing on mobile banking

K&H’s official TikTok channel was one of the first banks to launch in mid-August, which will initially feature videos showing the functions available in the mobile bank. In line with...

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According to ELTE researchers, a special absorption of iron takes place inside the head of cabbage

The iron absorption mechanism of chromophores in the absence of light is similar to the process supported by photosynthesis – it was revealed from an investigation by ELTE researchers, the...

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In addition to excellent apples, there may also be a non-refundable grant

 There are few things better than a fresh, juicy, crunchy apple. Especially if it is of proven high quality. It is already possible for apple producers to have the apples they...

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Mixed year for French wine

French wine production in 2023 is expected to be near the average of the last five years, with a favourable outlook in Champagne and Burgundy contrasting that in disease-hit Bordeaux,...

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Profession.hu: many people choose a workplace with inadequate self-knowledge

It can even be a challenge for young, novice employees without work experience to determine what their workplace needs might be in a given life situation, what expectations they should...

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Get your knives out – we’ll soon have excellent livers

In many cases, even those who can’t even look at liver are happy to eat liver. We have good news, from now on the path to the KMÉ trademark is open...

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