Market News

Walmart to cut hundreds of corporate jobs, bring remote workers back in

Walmart is cutting hundreds of corporate positions and asking some workers to relocate from smaller offices to larger locations, according to Supermarket News that refers to a report in the...

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Arla and Nestlé to donate equivalent of 1.25m meals with FareShare

Arla and Nestlé have teamed up to donate the equivalent of 1.25m breakfasts to food charity FareShare to support families and communities across the UK. Arla will be providing Cravendale...

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Michael Flatley Launches His First Signature Irish Whiskey

Renowned Irish dancer Michael Flatley has launched Flatley Whiskey: The Dreamer – his first signature Irish whiskey from a series of special blends. The Irish whiskey has been crafted in...

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Agrometeorology: the drought will be alleviated by heavy rain in the next few days

Heavy rains will ease the drought in the next week, wrote HungaroMet Zrt. in its Thursday agrometeorological analysis. They wrote that the soil near the surface of the southwestern part...

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Sour cream is also a luxury for many

In the past year, the market for milk and milk products was significantly affected by inflation, as a result of which consumption decreased to an extraordinary extent. According to Zoltán...

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NIS2 countdown: One and a half months to register

The NIS2 directive sets out a number of requirements for the cyber and information security of the EU member states. In Hungary, the “2023. XXIII Act on Cyber Security Certification...

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Germany’s REWE to open a vegan store this spring

According to a report published on Plant Based News, REWE is planning to open a purely vegan store in Berlin, as there is a huge demand for plant-based foods in...

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Food inflation slowed down in France and accelerated in Spain

In April, the annual inflation rate in France slowed to 2.2%, down from 2.3% in March, as reported by the French National Institute of Statistics and Economic Studies (Insee). Conversely,...

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SPAR Netherlands extends cooperation with EG Group

SPAR Netherlands is extending its partnership with EG Group (Euro Garages), in order to build on each other’s strengths and expertise to develop a future-proof venture that creates value for...

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A third of young people barely know anything about finances

57 percent of young people have some kind of banking relationship. The higher the level of school a child attends, the more likely it is that he has knowledge about...

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Mandatory type certification of plant protection machines and spraying drones

The National Food Chain Safety Office (Nébih) informs the companies that manufacture and/or distribute plant protection machines – including spraying drones – that Regulation 43/2010 on plant protection activities (IV....

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Attitude formation for sustainable agricultural water management

The Ministry of Agriculture received a non-refundable European Union grant from the Recovery and Resilience Facility (RRF) EU financial fund for the implementation of an attitude-shaping reform project. The project...

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The focus is on the protection of biological diversity

The 26th international meeting of the professional advisory board of the Convention on Biological Diversity began on Monday in Nairobi with active Hungarian participation. The question of the relationship between...

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Intelligent lighting control deployed in Lidl stores in France

Lidl partnered with Siemens to make the operation of its stores more sustainable with IoT lighting solutions. Lidl in France has halved the energy consumption of some of its stores...

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Over 50% of German online sales via marketplaces

Last year, more than half of all online sales in Germany were generated on marketplaces. Additionally, 55 percent of online sales in that country were carried out on smartphones. This...

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Ferrero Opens Its First Chocolate Factory In North America

Nutella maker Ferrero Group has opened its first chocolate processing facility in North America. The 70,000-square-foot facility is located at Ferrero’s manufacturing campus in Bloomington, Illinois, which produces chocolates for...

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The KSH starts an agricultural census

The Central Statistical Office (KSH) started the agricultural census of more than 22,000 individual farms across the country on Wednesday. Farmers can answer the questions online until May 23, and...

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More than two tonnes of rotten meat was found in a van on the M5

The tax inspectors found more than two tons of spoiled meat in an overweight van on the M5 highway, the National Tax and Customs Administration informed MTI on Wednesday. A...

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István Nagy: common interest is the success of Hungarian wine

The success of Hungarian wine is a common interest, and at the same time a nation-building force. In addition to the government’s support, its reputation can be most effectively increased...

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SPAR takes up the fight against food waste

Reducing food waste is receiving special attention worldwide in the name of sustainability. In Europe, nearly 90 million tons of food is wasted every year, which is of particular importance...

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Food price increase to slow down significantly this year

Erste told at a press conference in April that food prices will continue to rise in Hungary in 2024, but after the significant increase in the past two years, the...

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NGM State Secretary: the interest rate cap protected SMEs from the negative effects of the rising yield environment

The interest rate cap protected SMEs from the negative effects of the rising yield environment; the introduction of the measure did not mean an additional burden for them thanks to...

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No more fresh meat promotions from Jumbo in the Netherlands

From 27 May Dutch retailer Jumbo will stop its price promotions on fresh beef, pork and chicken in all stores and online. Jumbo said the decision is in line with...

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Protector Future Summit: AI is developing exponentially, for which the human brain is simply not prepared

Renowned and recognized domestic thinkers discussed two extremely current and hot topics during the spring event of the Protechtor Future Summit series of inspirational events for business and tech leaders....

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Mogyi introduces new product to support healthy lifestyle

In Hungary the overconsumption of animal protein is common. Experts say that 50% protein intake should come from plants and another 50% from animal sources. This article is available for...

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Pensioners can buy more things with their money in the store than in 2016

According to KSH data, the average amount of the old-age pension rose to HUF 231,495 in March 2024. From this amount, the Pénzcentrum calculated how many pieces or kilograms of...

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Profession: Communication is key to retaining employees returning after childbirth

In Hungary, returning to the labor market after maternity leave was a challenge for the majority of the women involved, according to the Profession.hu survey. In many cases, employers do...

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Agroloop and Széchenyi István University cooperate in the research of insect-based solutions

Agroloop, the insect protein producer, and István Széchenyi University in Győr have entered into a joint statement of intent for the joint research and development of insect-based solutions, read the...

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Shein employees work for pennies, 75 hours a week

According to the latest investigation by the Swiss advocacy group Public Eye, Shein, the Chinese fast fashion giant, is still not keeping its promise to improve working conditions. At some...

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Asparagus exports increased both in quantity and value

According to KSH data, 5.0–6.7 thousand tons of asparagus were harvested from 1.2–1.5 thousand hectares in Hungary in recent years. According to experts, due to the sudden warming, asparagus picking...

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