Market News
Hungarian rapeseed can rewrite its future: this is how its cultivation can be profitable again
A few years ago, rapeseed was in its golden age in Hungary: in 2018, it was grown on more than 330 thousand hectares, and the harvested crop exceeded 1 million...
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Prices of domestic and imported radishes have increased equally
According to Eurostat data, 245–255 thousand tons of month-old radishes are grown annually in the European Union, with Germany, France, Italy and the Netherlands being the dominant producers. In Hungary,...
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Soon there will be an ATM in every Hungarian settlement with over 2,000 inhabitants, the government welcomes the decision of the banking association
The government is working to ensure that every Hungarian settlement has at least one ATM. Minister of National Economy Márton Nagy is continuously negotiating and negotiating with the banking association...
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The domestic food industry is getting stronger – Another 5 billion forints in support for the development of processing plants
The Ministry of Agriculture is committed to supporting domestic, quality food production enterprises. Thanks to the call for applications for the development of processing plants, implemented within the framework of...
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MATE researchers contributed to the development of antibiotic-free foie gras production
Researchers from the Hungarian University of Agricultural and Life Sciences (MATE) collaborated in the development of the breeding and husbandry technology for antibiotic-free, premium goose liver production. The research carried...
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More than 15,000 illegal tourist apartments operate in Madrid
There are more than 15,000 illegal tourist apartments operating in Madrid, the Spanish Ministry of Social Rights and Consumption has found in a report published on Monday. According to the...
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This may hurt businesses: NAV is controlling transfer pricing more strictly than ever before
The examination of transfer prices of affiliated companies has been a priority area for years, but starting this year, the Hungarian Tax Authority is mobilizing more resources than ever to...
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Sunflower prices continue to rise
According to European Commission data, the price of sunflower seeds (FOB) in Bordeaux, France, increased from $683/ton to $699/ton between February 5 and 26, and between $723–727/ton between March 5...
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5 tips for protecting your smart home
The world of smart homes is gaining momentum, as internet-connected devices – such as smart TVs, security cameras, smart light bulbs and home appliances – make our everyday lives more...
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MATE researchers collaborated in the development of antibiotic-free foie gras production
Researchers from the Hungarian University of Agricultural and Life Sciences (MATE) collaborated in the development of antibiotic-free, premium foie gras production breeding and husbandry technology, the research carried out in...
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K&H cooperates with the Sheep and Goat Inter-Professional Organization
K&H Bank has signed a strategic cooperation agreement with the Sheep and Goat Sector Interprofessional Organization, the bank told MTI. Based on the agreement, the bank strengthens its commitment to...
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K&H cooperates with the Sheep and Goat Sector Interprofessional Organization
K&H Bank has signed a strategic cooperation agreement with the Sheep and Goat Sector Interprofessional Organization – the bank announced to MTI on Monday. Based on the agreement, the bank...
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Romanian sheep and goat farmers protested in Bucharest against restrictions imposed due to peste de petits ruminants (PPR)
Romanian sheep and goat farmers protested outside the government headquarters in Bucharest on Monday against new restrictions on the sale of sheep due to the plague of small ruminants. Government...
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Some consumers confused about what organic means
There’s a lot of “noise” on food and beverage packaging, which may be diluting the value of the US Department of Agriculture’s organic claim, according to Tom Chapman, co-chief executive...
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Romanian sheep and goat farmers protest in Bucharest against restrictions imposed due to peste de petits ruminants
Romanian sheep and goat farmers protested in front of the government headquarters in Bucharest on Monday against new restrictions imposed on Easter lamb sales due to peste de petits ruminants....
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DIA Adds One Million Members To Its Loyalty Programme In 2024
Supermarket chain DIA has gained over one million new loyal customers in Spain in the past year, bringing its Club Dia membership to nearly six million. In 2024, DIA increased...
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K&H: housing loans have rebounded
The year started with a significant expansion in terms of housing loans, according to a recent compilation by K&H. The amount of housing loan contracts concluded at the financial institution...
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Ministry of Agriculture: another 5 billion forints in support for the development of processing plants
The Ministry of Agriculture is committed to supporting domestic enterprises producing quality food. Thanks to the call for applications for the development of processing plants, implemented within the framework of...
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Hungarian researchers develop intelligent vehicles of the future
Millions of road accidents occur worldwide every year, and the vast majority of them – around 94% – are caused by human error. What if vehicles could foresee risks and...
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Heineken launches first global AI lab
Heineken has revealed the launch of the first global generative artificial intelligence (GenAI) lab which is set to be based in Singapore. The move, which came about via a partnership...
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National research: nearly three-quarters of Hungarians would renovate their homes in the next five years
The vast majority of Hungarians would modernize their homes in the near future, while satisfaction with the condition of residential properties shows a mixed picture, according to a recent national...
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Slovakia declares state of emergency over foot-and-mouth disease
The Bratislava government decided to declare a state of emergency at its extraordinary meeting on Tuesday in connection with the outbreak of foot-and-mouth disease in Slovakia, the Slovak public service...
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Eurozone economic growth accelerates to seven-month high in March
The eurozone economy grew at its fastest pace in seven months in March, according to a joint survey by London-based S&P Global Market Intelligence and Hamburg Commercial Bank AG. Preliminary...
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Where did we go wrong? An influencer spoke out about foot-and-mouth disease
The influencer duo behind Remény Farm, known as pioneers of regenerative agriculture in Hungary, have spoken out about the outbreak of foot-and-mouth disease, which is also affecting domestic agriculture and...
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Price increase and price decrease at the same time – the effect of the margin stop is felt in the first week
A significant rearrangement in food prices began following the margin freeze introduced on March 17. Although the aim of the official measure was to reduce the price of basic foodstuffs,...
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Serious advertising controls are coming
The National Trade and Consumer Protection Authority (NKFH) and the government agencies under its professional supervision will this year prioritize the inspection of advertisements targeting children and minors who are...
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The turnover and reputation of Hungarian wine must be preserved
The turnover and reputation of Hungarian wine must be preserved, the Minister of Public Administration and Regional Development stated at the opening of the Veszprém County Wine Competition held at...
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Cautious optimism: this is how domestic SMEs manage their finances and digitalize
Hungarian SMEs are planning cautiously: while the economic environment holds challenges for them, digital solutions are playing an increasingly important role in their operations. According to the research, the demand...
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Kofola ČeskoSlovensko to acquire vending machine business
Czech drinks group Kofola ČeskoSlovensko is to purchase a 100% stake in Vending S.R.O., which manages ASO Vending, a Slovakian food and drink vending machines supplier, Just Drinks reported. The...
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Bulgaria Plans State-Owned Supermarket Chain
Bulgaria’s parliamentary budget committee has approved a plan to create a state-owned chain of stores selling only Bulgarian-made products, ESM Magazine reported. The proposal, put forward by the DPS-New Beginning...
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