Market News

DigitalTech EDIH was launched to support the digital transition of SMEs

In Hungary, the newly launched DigitalTech EDIH provides free support to hundreds of small and medium-sized enterprises (SMEs) in solving their challenges related to cyber security, blockchain technology, fintech solutions,...

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Retail sales in Slovenia have been falling for the fourth consecutive month

In Slovenia, the decrease in retail sales continued in May, both monthly and year-on-year, the statistical office announced on Wednesday. The largest decline was measured in fuel retail. The decline...

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K&H Green Seeds – phacelia and fodder radish for a more sustainable agriculture

K&H wishes to contribute to biological diversity and the sustainability of crop farming with a new initiative: with every agricultural machinery lease contract signed, they give customers a 25kg bag...

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A new collaborator has joined Mol’s plastic waste utilization

Mol and Lummus Technology are cooperating in the chemical recycling of plastic waste, Mol told MTI on Tuesday. Mol justified the cooperation by fulfilling its strategic goals. According to the...

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On the basis of a Hungarian proposal, the marking of the origin of honey mixtures may become stricter at the EU level

In recent years, Minister of Agriculture István Nagy has urged the review of the EU directive on honey on several occasions in order to provide consumers with more accurate information...

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Dual education is the future of agricultural education

The creation of the Branch Training Center of the Kisaföldi Agricultural Vocational Training Center is a milestone both in the life of the schools and in terms of the development...

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Walmart Opens High-Tech Fulfillment Center Near Indianapolis

Walmart has announced the opening of a new 2.2 million square foot fulfilment centre, located 20 miles northeast of Indianapolis, in McCordsville. The space is Walmart’s largest fulfilment centre to...

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Smurfit Kappa invests EUR 40m in Polish factory

Smurfit Kappa has invested EUR 40m in expanding its corrugated packaging plant in Pruszków, Poland. The company says the facility is now one of its largest and most high-tech packaging...

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Top10 most cyber secure European country for business in 2023

Recent research has shown that 68% of high-revenue growth companies have embraced a hybrid model worldwide. With businesses enjoying remote or hybrid working, benefits including reduced maintenance costs, improved flexibility...

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Frostkrone Food Group Launches New Potato Treats

Frostkrone’s new potato snacks are called Crispy Veggie Snacks and their crunchy golden brown coating envelops a filling of delicious potato mousse. They can be eaten either on their own,...

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Information on the rules for collecting animal by-products

According to the concession tender won in 2022, MOL-MOHU will be responsible for the collection and management of municipal waste in Hungary for 35 years from July 1, 2023. The...

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The forecast of GKI Economic Research Co. for 2023

GKI’s latest detailed forecast, in March, differed from the majority view, in particular in its assumption of a downturn this year and a slower decline in inflation, as well as...

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Márton Nagy: there is a consumption trap behind the growth slowdown

Marton Nagy, Minister of Economic Development, wants to debate whether it is worthwhile to reduce inflation to the previously targeted level. He believes that due to changes in the global...

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Aluminum has always been and will always be valuable!

What do the flagpoles left on the Moon in 1969 have in common, III. In Napoleon’s dinnerware, a jeans button and a drinks can? Surprising or not, its material. Aluminum...

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Insect powder in animal feed

Agroloop is expanding its black soldier fly larvae production and processing facility, which is located close to Budapest. In a circular model, the firm uses agricultural waste to feed fly...

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Lidl trials flexible full-time work model in Finland

According to the Confederation of Finnish Trade Unions, Lidl is testing a retail sector project on flexible full-time working in Finland. In Finland the share of part-time workers in the retail...

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Crisis support for Hungarian fish farmers

The recent rise in feed prices, the additional costs caused by the Russian-Ukrainian war and last year’s drought had such a serious impact on Hungarian fish production that the Ministry...

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Research: SMEs need more incentives to improve sustainability

Sorry, this entry is only available in HU....

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The National Chamber of Agrarian Economy prepared guidelines for the new regulation of domestic and agricultural wells

Pursuant to the amendment to the law adopted by the Parliament, household and agricultural irrigation wells established without a permit before January 1, 2024 and no deeper than 50 meters...

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The code of advertising ethics is being tightened at several points

The self-regulatory document of the advertising industry, which will enter into force at the end of the month, imposes new, sometimes even stricter requirements on advertisements than the current EU...

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The European Commission has approved the 77.1 million euros in Hungarian state agricultural subsidies

The European Commission approved that the Hungarian state provide 77.1 million euros (about HUF 29 billion) in support to agricultural, fishing and food industry enterprises in connection with the Russian...

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The beekeeping support program starts

The Ministry of Agriculture has announced this year’s support schemes to support the work of beekeepers with a resource budget of HUF 2.8 billion, which play a key role in...

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Ireland said to weigh the issue of reducing dairy cattle herd

To meet the EU’s climate targets, Ireland is considering reducing its dairy cattle herd by around 200,000 over the next three years. The proposal was raised in an internal document...

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The Alert and Cooperation Network summarized the year 2022

In 2022, more than 7,500 notifications were made by Member States through the Alert and Cooperation Network (ACN), but the RASFF system still has the highest number of notifications. Of the...

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Coca-Cola and Molson Coors come out with new “hard” ice tea

Molson Coors and Coca-Cola are launching a new drink as part of their partnership, called Peace Hard Tea. The 5% abv drink, which will make its debut in September 2023,...

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TikTok partners with Unilever for new global content series

Social media platform TikTok has partnered with global FMCG giant Unilever to celebrate the #CleanTok community of worldwide cleaning enthusiasts. As part of the partnership, TikTok will co-create and curate...

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Lidl Spain Creates 250 Jobs At Andalusia Logistics Facility

Lidl Spain has announced the launch of a new logistics platform in the Granada municipality of Escúzar. The warehouse is built on a plot of more than 132,000 square metres...

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Brussels must extend the ban on Ukrainian grain imports

The European Commission must act, it must extend the ban on the import of Ukrainian grain products even after September 15, as this is the only way to protect the...

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(HU) GKI: Júniusban év eleji szintre esett vissza a GKI konjunktúraindexe

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A beverage carton recycling plant was established in Poland

With a joint investment of about 29 million euros by Tetra Pak and Stora Enso, a new production line for the recycling of used beverage cartons will start operating in...

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