Market News
In the southern part of Slovakia, the occurrence of mouth and nail pain has been confirmed in several breeds
In Slovakia’s two southern districts, in the districts of Komárom and Dunajská Streda, three cattle breeds have been confirmed in three cattle cultures, Slovak Minister Richard Takác said on Friday....
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Agrometeorology: Continuing soils early spring recharge
Precipitation in several waves will irrigate land until the middle of next week, and the early spring recharge of soils will continue, according to Hungaromet Zrt. It was written that...
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Unilever To Offload Plant-Based Meat Brand The Vegetarian Butcher
Unilever has announced that it has received a binding offer from Vivera to acquire its plant-based meat brand The Vegetarian Butcher. The offer from Vivera is subject to customary closing...
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Disease of a sticky mouth and nail pain has been found in Slovakia
The Slovak authority identified a sticky mouth and nail pain (RSKF) virus. There are three colonies near the Hungarian border in the outbreak of the epidemic. The national chief veterinarian...
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Müller expands its Swiss store network
Müller is investing €28.3 million in its expansion in Switzerland, opening nine new stores and expanding four existing stores. As a result, the retailer’s sales area will increase by 10,500...
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Further reduced agricultural machinery
Hungarian farmers’ desire to procure a machine for years, until the first quarter of 2023, curved up. In recent years, thanks to the calls for tenders and the favorable financing...
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Gergely Suppan: prices have decreased by an average of 16 percent so far with the margin freeze
Based on the data from the first days, the average price decrease with the introduction of the margin cap reached 16 percent, and the final result is expected to be...
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Expensive Easter chocolate: we have to dig deeper into our pockets this year too
The Secretary General of the Hungarian Confectionery Manufacturers Association, Gábor Intődy, confirmed that Easter chocolate will continue to become more expensive in 2025, as the increase in raw materials and...
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Even the smallest village will be required to install an ATM
According to the latest government decree published in the Hungarian Gazette, it will be mandatory to operate at least one automatic teller machine (ATM) in every settlement in the country....
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Just a good salary and a pizza party are no longer enough for employees today
Employee well-being at work is no longer just a trend or a buzzword, but the foundation of an effective and sustainable corporate culture. The concept refers not only to the...
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István Nagy: we must win the trust of consumers
In addition to the developments affecting the agricultural sector, we need to win the trust of consumers, we have work to do in this area – the Minister of Agriculture...
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Bank360: The resolution has been published, the government wants an ATM in every settlement
The government wants at least one banknote dispensing machine for every settlement in the country. The Minister of National Economy must prepare a plan for its implementation by April 30,...
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Central Europe’s largest insect protein production plant launched in Hungary
Hungary’s first industrial-scale insect protein plant began operations in Üllő in December 2024, where around 2 billion black soldier fly larvae are raised and processed in 12-day cycles. The industrial...
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Twenty-two out of a hundred Hungarians are afraid of humanoid robots
If someone has an extra 12–14 million forints, they can buy a humanoid robot in Hungary from January. But what do Hungarians think about this technology and artificial intelligence (AI)?...
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Survey: Every second company plans to expand its workforce this year
Most employers are confident that their financial and economic situation will improve or at least stagnate this year. More or less optimistic expectations are prompting every second employer to increase...
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Average gross earnings can be misleading: there are significant earnings inequalities in Hungary
The Central Statistical Office (KSH) regularly publishes the gross average earnings, but this data often does not reflect the real income situation, as it masks inequalities. The earnings data broken...
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The Hungarian Competition Authority draws attention to fraud related to holiday entitlements
In recent decades, fraud related to the secondary sale of holiday rights has been investigated in numerous proceedings, but despite continuous official action, these scams continue to pose a serious...
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NKFH: the closure of Chinese restaurants in the capital led to results, a national investigation has been ordered
The National Trade and Consumer Protection Authority (NKFH) revealed serious food safety and hygiene irregularities during an official inspection of several Chinese restaurants in Budapest, due to which it ordered...
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Lieferando is eliminating its employee delivery-person positions in Austria
Lieferando is ending the employment of food delivery workers in Austria, marking a significant change in the Austrian food delivery market. According to Austrian media, the decision will not only...
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Sleep experts swear by this breathing technique to ‘calm the nervous system’
According to the Hungarian Sleep Association, 57% of Hungarians regularly wake up during the night and 44% have trouble falling asleep. Martin Seeley, MattressNextDay’s chief sleep expert, shared the secrets...
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Lactalis to invest $55m to expand dairy production in Brazil
The company is investing in two of its dairy plants in Paraná state. Lactalis is investing 313m reais ($55.3m) to expand its dairy production facilities in Brazil’s Paraná state. The...
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Maltese Universal Air launches flights from Debrecen to Leipzig and Malta
Maltese Universal Air will launch two return flights a week on the Debrecen-Leipzig and Debrecen-Malta routes from March 30, creating a direct connection between the cities, the press service of...
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Amazon Launches Online Store In Ireland
Amazon has launched its online store in Ireland, offering customers over 200 million products and a new Prime membership option for €6.99 a month, ESM reported. Amazon.ie will offer one-day...
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900 billion HUF may move out of PMÁPs this week
PMÁP week starts on March 20, during which the state treasury will pay 541.5 billion forints in interest and capital to PMÁP holders. But it must also be taken into...
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Hungarians Have Mixed Feelings About Humanoid Robots
From January, humanoid robots have been available in Hungary at prices ranging from 12 to 14 million forints. However, a recent international study shows that most Hungarians remain skeptical about...
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Economic growth may finally start this year
Primarily due to the recovery in consumption, the Hungarian economy may grow by 2 percent this year. With the economic recovery, inflation has also regained strength, and the average annual...
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EY research: consumer impression plays a key role in business success
Consumer perception plays a key role in business success, but most companies do not have a comprehensive strategy for this; lack of data is the biggest obstacle to Hungarian companies...
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BioTechUSA closed 2024 with record revenue, but growth rate slowed
The Hungarian-owned BioTechUSA group closed the year with a sales revenue of HUF 93.7 billion in 2024, which represents a 3.5 percent increase compared to the previous year. Although this...
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The workforce of large companies may decrease further
The downward trend in employment expectations of large company executives continued in the last quarter. According to the last quarter of 2024 data of the K&H Large Company Growth Index,...
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AM: food production cannot be separated from the land
Artificial meat is a fabrication, and we insist that food production be linked to the land, because this represents our traditions and culture – emphasized István Nagy, Minister of Agriculture,...
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