Market News
In 2024, cyber security incidents will pose the biggest business risk around the world
According to Allianz’s Risk Barometer, cybersecurity incidents such as ransomware attacks, data security breaches and IT disruptions will be the top business risk for companies around the world in 2024....
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K&H: large domestic companies fear recession
As the year draws to a close, firms are clearly losing momentum. K&H’s large company growth index measures the expectations of Hungarian firms with annual sales above HUF 2bn for...
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Open letter: The National Chamber of Agricultural Economics stands by the German farmers and agrees with their legitimate demands!
The coalition led by Olaf Scholz wants to reduce what they call “climate-damaging subsidies” by around three billion euros in 2024, sending a declaration of war to the farming community...
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Netto aims for a leading position in autonomos shopping in Germany
Grocery retailer Netto opened its first German store in Regensburg at the beginning of January, where customers can use the Pick&Go service without registration and check-in. The store is also...
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The producer price of slaughter cows decreased the most
According to AKI’s slaughter statistics data, the slaughter of cattle in January-November 2023, expressed in live weight, decreased by almost 10 percent compared to the same period of the previous...
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UK sales of authentic Spanish chorizo soar
The Consorcio del Chorizo Español – a group of Spanish producers who make the popular meat according to established ingredients and production methods – has been running a trade and...
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Sofidel Acquires A Paper Mill In The US
European tissue paper maker Sofidel has acquired a paper mill from ST Paper, a Minnesota-based company, for an undisclosed sum. The facility has a production capacity of 65 thousand metric...
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Last year, AutoWallis’ vehicle sales increased by more than 40 percent, a record
Last year, the AutoWallis Group sold 44,909 vehicles in the first three quarters of the year, which is a 43.5 percent increase compared to 2022, the company informed MTI on...
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István Nagy: agricultural subsidies are also guaranteed in 2024
Agricultural subsidies are also guaranteed for 2024, the budget will add HUF 650 billion to the rural development resources, said the Minister of Agriculture at his annual press conference in...
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Új egyensúlyi állapotot keres a hazai pulykaszektor
A Magyar Pulykaszövetség a karácsonyi időszakot felkészülve várja, és bízik abban, hogy a fogyasztók számára továbbra is értéket jelent a magyar eredet jelentette biztonság és minőség. A pulykaágazat (is) számos kihívással...
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The recycling of a type of waste that has been buried so far is solved
Hamburger Recycling Hungary Kft. is putting a unique machine line into operation in Hungary. The technology opens up the possibility of recycling the industrial strapping tapes that are massively used...
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Record-level SZÉP card top-ups: HUF 83 billion in December
SZÉP cards increased by record amounts in December, as people loaded them beyond the annual limit. The December total of HUF 83 billion was 58% higher than in the same...
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StarStore – Év Kereskedője 2023: Átadtuk a díjakat
A Trade magazin idén már 9. alkalommal hívta versenyezni a Magyarországon bejegyzett székhellyel rendelkező értékesítési pontokat és üzletláncokat. A rangos verseny díjátadására a szakma legnagyobb konferenciájának, a Business Daysnek gálavacsoráján került...
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In Slovakia, the annual inflation was 10.5 percent last year
In Slovakia, the annual average inflation was 10.5 percent in 2023, with food prices rising most significantly, by an average of 17.5 percent, according to the data of the Slovak...
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WOLT CEO: you can earn a lot of money as a courier with a lot of work
Orsolya Hartyányi, the new executive director of WOLT appointed in the fall of 2023, gave an interview to Pénzcentrum, where she touched on several important topics: the European case of...
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Brussels must act now to protect European farmers
In a joint letter, the agriculture ministers of the bordering member states once again call on the European Commission to act so that Brussels can find a solution and help...
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MÁOK and Nébih warn about the importance of protection against rabies
Since the beginning of the year, investigations by the National Food Chain Safety Office (Nébih) have confirmed rabies infection in dogs and golden jackals. Due to the new infections detected...
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The Hungarians won six world awards at the 2024 WorldStar
435 applications were received from 41 countries for the 2024 World Competition of the World Packaging Association, and 214 entries from 37 countries earned the WorldStar award, which can be...
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PwC paves the way for AI technology with the launch of Harvey legal artificial intelligence
PwC’s global network announced cooperation with Harvey in March 2023, and PwC’s member companies have already started using the tool in their local businesses. The global strategic alliance established between...
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The hybrid is coming to an end, but resilience will remain with us – What are the expected training and development trends in 2024?
Like last year, the team at [eureka] Consulting & Games has launched its training and development questionnaire to give us a better insight into what challenges companies face in this...
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In January, GKI’s consumer confidence index rose to a two-year high
According to a survey conducted by the GKI Gazdaságkutató – with the support of the EU – in January, the public’s expectations improved significantly compared to December, so the consumer...
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iBanFirst foreign exchange market outlook: Euro, dollar and forint forecast for the first quarter of 2024
Entering the year 2024, the economic dynamics will create new trends in the foreign exchange market, which will also present new opportunities and challenges for foreign exchange traders. With its...
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Members can count on NAK not only as a public body, but also as a service provider
In the past year, the National Chamber of Agrarian Economy helped its members with many services in the field of laboratory services, agricultural insurance, and various trainings. In the past...
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The recycling of a type of waste that has been buried so far is solved
Hamburger Recycling Hungary Kft. is putting a unique machine line into operation in Hungary. The technology opens up the possibility of recycling industrial strapping tapes that are widely used in...
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Microplastic contamination found in 90% of protein samples, including plant-based food
Microplastic particles have been identified in 88% of protein food samples tested in a new study by Ocean Conservancy and the University of Toronto, Canada. The samples were drawn from...
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AM: the deadline for the electronic upload of the Business Diary is extended by two weeks
The Ministry of Agriculture (AM) will extend the deadline for the electronic upload of the Farming Diary by two weeks, until February 15, 2024, and a larger IT system update...
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FreshDirect restructures corporate division, cuts jobs
The layoffs come two months after Ahold Delhaize USA announced it was selling the online grocery service to rapid delivery firm Getir. FreshDirect plans to restructure its corporate division and...
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Danone to close yogurt factory in Spain
The Alpro producer said the decision was made to boost “the competitiveness of brands” and improve “industrial efficiency”. French dairy giant Danone has confirmed it intends to shut its dairy...
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MOHOSZ: an application will help fishermen from this year
Starting this year, the Hungarian National Fishing Association (MOHOSZ) will help those with a Hungarian fishing card with an application, the organization told MTI on Monday. The application provides a...
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Is elite sport the key to business success? – five good tips from Áron Szilágyi
Swordsman Áron Szilágyi has already written himself into sports history, as there was no previous example of someone winning in individual elimination sports at three consecutive Olympics, and even if...
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