Market News
The seasonally adjusted October value of the Purchasing Manager Index (BMI): 50.5
Date: 2023-11-02 13:57:29
The seasonally adjusted October value of the Purchasing Manager Index (BMI): 50.5. Compared with the previous October values, this year’s value is lower than the long-term average for this month...
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EY: the Government expects almost HUF 100 billion in additional budget revenue from the global minimum tax
Date: 2023-11-02 13:45:56
The government submitted the proposal to amend the tax laws to the Parliament. A new research and development grant may come, the rules for energy efficiency and development tax relief...
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KSH: The volume of exports of food, beverages and tobacco increased by 0.2 percent, while the volume of imports decreased by 12 percent
Date: 2023-11-02 12:08:42
In August, the product foreign trade surplus was 665 million euros, compared to July, the adjusted volume of exports decreased by 0.6 percent and that of imports by 1.6 percent,...
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Coca-Cola HBC Hungary has published its 2022 sustainability report
Date: 2023-11-02 11:50:53
Coca-Cola HBC Hungary supports the corporate group’s sustainability goals published in 2018, and taking into account the UN’s sustainability agenda for the period up to 2030, as a leading company...
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MLSZKSZ: If this continues, there won’t be fewer trucks on the roads – the EU program for greening freight transport has failed
Date: 2023-11-02 11:36:48
At the moment, the EU goal of diverting 30 percent of long-distance road transport to rail and water by 2030 seems unachievable. In the last four years, the performance of...
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This is how we can use the Barnum effect to convince customers
Date: 2023-11-02 11:34:50
Why is it that we believe so much in horoscopes? Have you ever felt that the description of your horoscope fits you perfectly, as if it were personalized? And what...
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Companies can do well: the job market is highly active
Date: 2023-11-02 11:22:56
The economic indicators turned out to be less favorable compared to the companies’ expectations last year, so this year they apparently held back the recruitment of workers, they are waiting:...
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Future-proof strategies discussed at the Agóra conference
Date: 2023-11-02 11:15:37
August was a special month for Hungarian Product Nonprofit Kft.: they not only organised the very successful Hungarian Product Month campaign, but also the 9th Agóra conference at the Rókusfalvy Estate...
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If we help each other, success will not be left behind!
Date: 2023-11-02 11:00:59
For more than a decade, thousands of Hungarian farmers from here and across the border have been helping needy families year after year as part of the Bread of Magyars...
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Ahold Delhaize doubles presence in Romania
Date: 2023-11-02 10:07:14
Ahold Delhaize is doubling its footprint in Romania with the acquisition of local player Profi Rom Food, a former part of the Louis Delhaize group. The Dutch retail group has...
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Damage mitigation applications can be submitted until the end of November
Date: 2023-11-02 10:00:06
As in previous years, applications for damage mitigation benefits after agricultural damage that occurred in the 2023 damage mitigation year can be submitted until November 30. In 2023, damaged producers...
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Nestlé launches range of plant-based alternatives to white fish
Date: 2023-11-02 09:42:40
Nestlé has launched a range of plant-based alternatives to white fish to deliver more options for consumers. The products which are certified vegan, include alternatives to breaded fish fillets, nuggets,...
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Farmers receive help in the fight against the vole invasion
Date: 2023-11-02 09:30:58
In addition to the autumn rainy weather, Nébih’s latest decision can also help protect against field voles, which are proliferating in an increasingly large area of the country. The authority...
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New Rules On Geographical Indications Will Protect Spirits Industry, Says spiritsEUROPE
Date: 2023-11-02 09:23:55
The implementation of new rules for the EU’s Geographical Indications (GI) system in agricultural products and foodstuffs, wines and spirits will ensure ‘strong protection’ for the spirits industry, spiritsEUROPE has...
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Agrometeorology: the rainy weather favored the development of autumn-sown grain
Date: 2023-11-02 09:00:19
The mild but often rainy weather of the past two weeks created favorable conditions for the early development of autumn-sown grains, the National Meteorological Service wrote in its agrometeorological analysis...
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According to KPMG, only every fourth company feels ESG-prepared
Date: 2023-10-31 13:00:52
According to KPMG’s new ESG Certification Maturity Index*, 75 percent of companies worldwide feel they still have a long way to go before they are ready to certify their ESG...
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KSH: Sales prices in the food industry rose by 4.8 percent compared to a year earlier
Date: 2023-10-31 12:57:52
In September of this year, industrial producer prices were on average 2.5 percent lower compared to a year earlier. Domestic sales prices increased by 7.8 percent, export sales decreased by...
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Eurostat: Inflation in the euro area moderated more than expected in October
Date: 2023-10-31 12:48:24
In October, the annual inflation rate in the euro area moderated more strongly than expected by analysts – the statistical office of the European Union, Eurostat, announced on Tuesday as...
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Shopping tourism is booming, Hungarians spend abroad
Date: 2023-10-31 12:47:45
In the second quarter of this year, Hungarians traveling abroad spent a total of HUF 338 billion during their travels, giving shopping tourism an additional impetus. More and more Hungarians...
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Wage increases and a new bonus system at McDonald’s in Hungary
Date: 2023-10-31 11:48:12
Due to the challenging labor market situation and persistently high inflation, Progress Restaurant Network Kft. prioritizes the system of wages and incentives in the McDonald’s restaurants it operates. In the...
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German retail sales decreased in September
Date: 2023-10-31 11:45:41
In Germany, retail sales decreased in September, both monthly and year-on-year. The German statistics office, Destatis, said on Tuesday that retail sales fell by 0.8 percent in September compared to...
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Driving around Western Hungary to promote domestic food
Date: 2023-10-31 11:27:36
This year the Coop Rally visited 5 counties in Western Hungary. The event, which took place on 13-14 September and was organised for the 17th time in 2023, attracted nearly 300 participants...
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It is still not too late to announce the agrotechnical operations/second sowings
Date: 2023-10-31 11:15:48
Today, the Hungarian State Treasury will start preparing and sending out to customers the fifth round of information letters related to the 2023 unified application, and also the last one...
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The new agricultural and rural development tenders will start at the beginning of next year
Date: 2023-10-31 11:00:30
The 2024 tender schedule for agricultural and rural development subsidies has been prepared, almost HUF 2,900 billion in resources are available to farmers, announced Agriculture Minister István Nagy on his...
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MATE’s training portfolio is expanding with the Master’s degree in Agricultural Technical Systems Engineering
Date: 2023-10-31 10:45:34
The Hungarian University of Agricultural and Life Sciences will launch a new master’s degree in agricultural technical systems engineering in February 2024, to which you can enroll with a bachelor’s...
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The producer price of broiler chicken is almost 20 percent higher compared to the same period in 2022
Date: 2023-10-31 10:30:48
According to AKI PÁIR data, the live weight producer price of slaughter chickens in Hungary rose by 20.2 percent to HUF 494.4/kg, and that of slaughter turkeys by 25.9 percent...
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Is the European meat tax coming? We summarize in four points why we should not fall for this simplistic narrative
Date: 2023-10-31 10:15:09
The anti-meat narrative has gained strength again in Brussels. Recently, one of the chief scientific advisers of the European Commission spoke about his support for the introduction of a European...
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In heavily infected areas, anti-pox products can be used in conjunction with treatment, but in higher doses
Date: 2023-10-31 10:00:12
The National Food Chain Safety Office (Nébih) amended the use permit of Pocok Tox MAX and Rodent Stop rodenticides in view of the serious pest situation affecting several regions of...
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Lidl Germany Aligns Prices Of Own-Brand Vegan Items With Meat Products
Date: 2023-10-31 09:59:00
Lidl Germany is standardising the prices of its private-label SKUs under the Vemondo brand, to match with comparable items of animal origin. The move will see the majority of Vemondo products...
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The price of slaughter heifers and slaughter cows has decreased
Date: 2023-10-31 09:45:21
In the European Union, the slaughterhouse entry price of the young bull “R3” commercial class was 4.84 euros/kilogram cold carcass weight in September 2023, a decrease of 3 percent compared...
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