Market News
K&H: Digital twins are coming, but what are they?
A digital twin is an advanced technology that allows the creation and simulation of a virtual counterpart of physical objects, systems or processes. These digital replicas collect and analyze data...
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A call for tenders aimed at supporting organic farming has been published
A new five-year support program for organic farming will start in 2025. Farmers can submit their applications between November 25, 2024 and December 23, 2024. In the current cycle of...
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This is why many people still choose shops instead of buying online
According to a recent EY international survey of more than 23,000 consumers in 30 countries, shoppers still prefer to examine products in person before buying, which favours traditional shops over...
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GVH president: The key issue is the broad but correct application of artificial intelligence
“The broad, but correct application of artificial intelligence can have a significant positive effect on the productivity and competitiveness of domestic enterprises,” stressed Balázs Csaba Rigó, president of the Economic...
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On the verge of a generational change: The rise of generations Y and Z in Hungarian business life
In Hungary, the generational change is particularly relevant in business life, as the founders of many companies have reached retirement age. Generation X is still the largest ownership group, but...
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A call for tenders to support organic farming has been published
A new five-year support program for organic farming will start in 2025. Farmers can submit their applications between November 25, 2024 and December 23, 2024. In the current cycle of...
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Bank360: After more than a year, the free store cash withdrawal just started
Cash withdrawals in stores started more than a year after the law enabling this came into force. For now, however, only one or two convenience stores have such a service,...
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Sustainability investments pay off in our country
Sustainability investments pay off better than expected at domestic companies that take the designated climate goals seriously, according to EY’s international research with the participation of more than 500, including...
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Men’s hair care: style and innovation
This article is available for reading in Trade magazin 2024/10 Mariann Karsai, brand manager of Henkel Magyarország Kft. informs that according to NIQ data, in the first half of 2024...
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Tesco Angel is 5 years old
The Tesco Angel Foundation was established in spring 2019. This article is available for reading in Trade magazin 2024/10 “Our mission is to support employees in a health crisis, to...
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Albert Heijn introduces a lifestyle feature in its AH app
Dutch retailer Albert Heijn has introduced a new lifestyle check feature in its AH app and on Ah.nl/leefstijl, in order to encourage its customers to adopt a healthy lifestyle. After...
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Farmers can get information on the spot, in person
In October-November, Biokontroll Hungária Nonprofit Kft. organizes a cross-country tour in October-November in connection with the new cycle of agricultural subsidies, in order to spread knowledge related to organic farming...
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Producer prices for broiler chickens and broiler turkeys are also lower than last year
Based on the AKI’s slaughter statistics data, 487.3 thousand tons (live weight) of poultry were slaughtered in Hungary in the first eight months of 2024, 10.9 percent more than in...
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Biokontroll goes on a national tour
In October-November, Biokontroll Hungária Nonprofit Kft. organizes a cross-country tour in October-November in connection with the new cycle of agricultural subsidies, in order to spread knowledge related to organic farming...
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The shelf life of plant protection products can be extended
In addition to effective plant protection, Nébih also aims to minimize the amount of waste. In order to do this – to support farmers and plant protection product dealers –...
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István Nagy emphasized the importance of farmer-centered agriculture in Luxembourg
Agriculture Minister István Nagy urged the development of farmer-centered agriculture on Tuesday in Luxembourg, at his press conference following the meeting of the agriculture ministers of the European Union member...
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The producer price of slaughter pigs has decreased
According to KSH data, Hungary’s live pig exports increased by 27.1 percent to 19,000 tons in January-July 2024 compared to January-July 2023. The main partners were Romania, Austria, Albania and...
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Food Packaging Should Have Labels On Front About Health Impact, Says WHO
Packaged food and drinks should have easy-to-read nutritional information on the front of the products to help consumers make healthier choices, according to the first-ever World Health Organisation draft guidelines...
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Lidl’s Scan&Go is coming – with payment at self-checkout
After years of testing different systems and processes in Portugal, the UK, France and the Netherlands, Lidl has now apparently found its way forward for Scan&Go: self-scanning is coming to...
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British American Tobacco To Launch Synthetic Nicotine Pouches In The US
British American Tobacco (BAT) will launch a version of its Velo nicotine pouches using synthetic nicotine in the United States. Smoking alternatives like vapes from big tobacco companies, including BAT,...
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Maize free from aflatoxin contamination was also grown in the variety experiment network of Nébih
In the corn experiment of the Breed Experiment Station of the Nébih Baranya county, it was possible to prevent aflatoxin contamination with appropriate, well-timed insect control. And at those variety...
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Lidl combines Lidl Plus rewards with in-store bakeries
Lidl leverages its in-store bakeries to drive engagement with the Lidl Plus rewards program. The ‘Bake-Off-Roulette’ has been implemented across several European markets, and the retailer’s vertical integration into bakery...
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Innovative developments in agricultural vocational training
The goal of the smart classroom program launched in the sectoral training centers is to provide a modern, interactive learning environment for students participating in dual education. That is why...
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“Road to economic neutrality” – Eastern or Western opening?
An important element of the government’s economic strategy and communication for almost 15 years is the opening to the east, which has two main goals: to support the expansion of...
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GVH: The application of artificial intelligence can increase the competitiveness of Hungarian enterprises
The rapid spread of artificial intelligence (AI) technologies, or if they do not start using them, can cause a competitive disadvantage for small and medium-sized enterprises – among other things,...
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EXIM has so far disbursed around HUF 1,000 billion in the Gábor Baross loan program
EXIM Hungary has already disbursed 84 percent, HUF 1,011 billion, of the total amount of HUF 1,200 billion of the Baross Gábor Újraiparosítási Hitelprogram to Hungarian businesses, the credit institute...
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Taking facial care to the next level
This article is available for reading in Trade magazin 2024/10 Analysing NIQ data from January to June, Luca Varga – trade marketing manager of L’Oréal Magyarország – points out that...
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Employers’ expectations are optimistic – 45% of companies plan to increase staff in 2025
With the exception of Nógrád County, the number of applications received for job advertisements increased throughout the country in the third quarter of 2024 compared to the same period of...
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Industrial digitization: the revolution is still waiting to happen due to insular operation
While in some parts of the world only robots work in factories and almost three-quarters of global companies report that they have successfully implemented Industry 4.0 projects or are in...
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NGM: increased consumer protection control at online stores and courier companies
The Minister of National Economy called on the consumer protection authority to investigate the information and complaint handling obligations of online stores and courier companies, which will take the necessary...
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