Market News
Balázs Győrffy: the V4 agricultural organizations are holding a joint farmer demonstration
The agrarian chambers of the Visegrad countries are organizing a joint demonstration together with the representatives of Latvia and Lithuania on February 22, drawing the public’s attention to the fact...
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K&H: This year, companies’ sales may increase above inflation
Compared to the previous ones, the companies expect a slightly more modest increase in sales of 7.2 percent, but at the same time a stable increase in profit of 3.8...
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Good news for customers: the price reduction has started in the technical market
According to Euronics, sales revenue and the number of purchases decreased in 2023 in parallel with the decline of retail traffic in Hungary, but the last quarter again brought good...
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Márton Nagy: the reduction of inflation is due to the choice of the right tools
The rapid reduction of inflation is due to the fact that the government used the best tools, realizing the importance of fiscal and regulatory policy in stopping unfavorable processes, the...
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What is the scientific truth behind fasting?
The forty-day Lent before Easter has begun, but at this time many people, regardless of religion, start a juice fast or detox in order to get in shape for spring....
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The horticulture sector can be renewed through integration
Integration is unavoidable for efficient development and renewal of the horticulture sector. And for this, it is necessary to make effective use of the tender opportunities. That is why we continue...
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The Food Rescue Center is collecting food donations again
The Food Rescue Center is collecting food donations again – announced Zsolt Nyitrai, Chief Advisor to the Prime Minister, in a video published on his Facebook page on Sunday. The...
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NAK organizes a series of professional events for farmers entitled Real animal welfare
The National Chamber of Agriculture is launching a series of events under the title “Real animal welfare”, the aim of which is to provide farmers with knowledge that will help...
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Molson Coors bullish on beer as AB InBev cedes market share
Core brands in the category have seen growth over the last nine months, a trend the company’s CEO does not see going away. Molson Coors believes shifts in the beer industry and...
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Billa Czechia Announces Added Benefits For Loyal Customers
Billa Czechia has rolled out new benefits and opportunities to collect and use points as part its new loyalty club feature. Billa club members will have access to a greater...
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Farmers can expect favorable changes in the support conditions
Zsolt Feldman also spoke about the 2024 tender schedule, the favorable changes in the support conditions, and the adaptation strategies that can be followed in plant cultivation, which represent a...
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Gen Z wants self-scanning, self-checkout, checkout-free
A study among 4.000 shoppers in the UK and the US, commissioned by Avery Dennison, found that 52 percent of Gen Z would “switch to another store if their favorite...
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Ahold Delhaize’s results under pressure – CSEE region meaningful differentiator for future growth
Ahold Delhaize closes the year 2023 with a significant drop in net income. As the retailer reports, net sales including European and U.S. operations were up 3.8% at constant exchange...
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ULT Magyarország has raised its basic tobacco purchase prices
In this year’s tobacco growing season, Universal Leaf Tobacco (ULT) Magyarország Kft. has announced increased basic tobacco purchase prices for both types of tobacco compared to last year, the agronomy...
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NAV raided an illegal family tobacco operation
The financial investigators of the National Tax and Customs Administration (NAV) raided a family from the county of Szabolcs-Szatmár-Bereg engaged in drying, shredding and selling tobacco leaves. In a statement...
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Diminishing CEO fears, cautious optimism for 2024
54% of CEOs also trust in the improvement of the growth rate of the global economy, 60% of them in the domestic economy, according to the 13th PwC Hungary CEO...
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VOSZ: High inflation will not return even with lower interest rates!
As we reported, the economy suffers from the high level of interest, as it means unrecoverable interest costs. Our analyzes show that a more serious interest rate reduction would be...
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Artificial intelligence is tempting, but you have to be careful about your rights
The corporate application of artificial intelligence has many opportunities, but also many legal pitfalls, warns the international law firm Baker McKenzie. With the help of generative artificial intelligence (AI), we...
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Hungary’s EU presidency: soil protection is the basis of everything
Our country stands by the basic principle that the food coming into the Union must comply with the same rules and regulations that the EU imposes on its own producers...
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SPAR University Teams Up With EasyToys In The Netherlands
Selected SPAR outlets in universities and colleges in the Netherlands are offering sex toys from EasyToys, according to media reports. The initiative is part of a collaboration between SPAR University...
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Germany’s meat production drops again in 2023
Data from Destatis said Germany’s meat production decreased 4% last year to 6.8m tonnes. Meat production in Germany fell “significantly” in 2023, the country’s Federal Statistical Office said. Data from...
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The payment of agricultural subsidies to farmers is progressing according to schedule
The sector ended last year with record payments, and the disbursement of agricultural subsidies is proceeding according to schedule this year as well – indicated Anikó Juhász. The Deputy State...
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Danone Inaugurates New Plant-Based Beverage Production Facility In France
Danone has announced the inauguration of a new plant-based production facility, in Villecomtal-sur-Arros in southwestern France. The inauguration took place at an event attended by French officials and Danone employees,...
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Agrometeorology: the sap circulation of early fruits started in the mild weather
Due to the mild weather of the past week, several plants are feeling the arrival of spring, the sap circulation of the early stone fruits has already started in the...
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Due to the risks, more and more companies are introducing policies for the use of artificial intelligence in the workplace
Assistive services using artificial intelligence (AI) (for example, various chatbots) are also spreading explosively in the workplace. The use of AI in everyday business is a relatively new phenomenon for...
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GDP did not change compared to the previous quarter
Falling short of expectations, the domestic GDP did not change in the fourth quarter of last year compared to the same period of the previous year, while seasonally and adjusted...
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Márton Nagy: the stagnation of GDP is temporary
According to the data of the Central Statistical Office, in the last quarter of 2023 it increased by 0.4 percent on an annual basis, while the performance of the Hungarian...
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It’s surprising what Hungarians order on Valentine’s Day
The trends related to the celebration around Valentine’s Day change from year to year, and based on recent statistics from the food delivery company Wolt, this year is no exception....
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There is quite a bit of chaos in the advertising of flu products across Europe
The Economic Competition Authority also took part in the joint investigation of the European Commission and the Consumer Protection Cooperation Network (CPC) of the member states’ authorities, which reviewed the...
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The issue of artificial meat and the fight against food waste will be the main theme of our presidency
The issue of artificial meat, the fight against food waste and animal welfare are also on the agenda of Hungary’s EU presidency, which István Nagy discussed in his office with...
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