Market News
GVH: The European Law Academy is holding an international seminar in Budapest
The European Law Academy (ERA) holds its two-day training in Budapest together with the Economic Competition Authority (GVH); the training seminar covers the topic of investigations and raids by the...
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The national chief veterinarian has abolished the mandatory confinement
Thanks to the favorable development of the epidemiological situation, Dr. National Chief Veterinarian Szabolcs Pásztor withdrew the regulation on keeping poultry indoors. It is important, however, that the obligation to...
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The EU proposes to mobilize 430 million EU funds to support the agricultural sector
The European Commission proposes to mobilize 430 million euros in EU funding for European agricultural producers affected by adverse climate phenomena, high input costs and various market and trade problems,...
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Lipton chills out with popsicles
While Lipton is best known for its tea, the beverage is entering the frozen treats aisle with popsicles. Lipton said its Pops of Sunshine — Green Tea Citrus and Peach...
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Nine out of ten farmers are sensitively affected by the development of purchase prices
Today, an average farmer is most afraid of the development of purchase prices, the increase in costs related to production, and the perceived difficulties of the administration related to the...
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The price of wheat rose to an almost four-month high on the Chicago Grain Exchange
Wheat prices rose to about a four-month high in Chicago due to Saturday’s events in Russia and drought in parts of the United States. On the Chicago Stock Exchange (CBOT),...
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Smurfit Kappa Invests $12m In Mexican Plant
Packaging firm Smurfit Kappa plans to invest $12 million (€11.1 million) in its Mexican plant at Tijuana. The company has operated in Mexico since 1957 and has had a presence...
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Billa Bulgaria Earmarks €16m For Store Renovations
Billa Bulgaria is investing over BGN 32 million (€16 million) in renovating its stores during 2023. The overall renovation of the stores includes the construction of new entrance areas; the...
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Most of the Hungarian county goes to Germany
This year’s cherry season has started with the picking of the early varieties. Juicy, high-quality fruits are also on offer this year – draw attention to the National Chamber of...
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K&H: only a third of young people in their twenties feel that they are valued at work
Working young people who feel that their work is valued are still in the minority, according to the K&H youth index, which examined the situation of employed members of the...
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K&H: SZÉP card purchases can stop the decline in grocery store traffic
According to K&H Bank, purchases with the SZÉP card can stop the decline in the turnover of grocery stores, after it will be possible to buy cold food again for...
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Gergely Gulyás: the food price freeze lasts until August 1
The government will extend the food price freeze until August 1, after which the measure will end, the minister in charge of the Prime Minister’s Office announced on Thursday in...
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Credit insurance company: the rate of late payments increased by twenty percent in trade between Hungarian companies
This increase means that 40 percent of intercompany (B2B) invoices were paid after the deadline by Hungarian customers in the past 12 months. Among other things, this is stated in...
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Edinburgh and Stockholm could do a lot for reducing pollutant emissions
Food sustainability expert Dr Joseph Poore has revealed: if Edinburgh and Stockholm both turned vegan, emissions would drop to the equivalent of removing a bit less than 1.5 million cars...
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Kroger stops mailing paper promotional leaflets
Kroger is phasing out its printed weekly ad circulars in markets across the country and switching over to a digital format. Physical copies will still be available in-store, but the...
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Legal drone plant protection is on track: new obstacles have been cleared
The personal conditions related to legal drone plant protection can now be fully met. Nébih published the list of crop protection drone pilots on its website. The current situation and the...
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MNB director: inflation is falling due to both external and internal processes
The rates of price increases are decreasing on a global level, and in addition, internal demand and economic policy are also pointing in the direction of disinflation in Hungary, so...
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MA-HAL and MBH Bank are working together to strengthen the fishing sector
The Hungarian Aquaculture and Fisheries Association and MBH Bank entered into a strategic cooperation. The main goal of the agreement is more efficient bank financing of Hungarian fish farming and increasing...
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Asda and EG Group merger will threaten jobs, MP warns
West Lancashire MP Ashley Dalton has written to business secretary Kemi Badenoch to intervene and investigate the ‘debt-laden’ merger between Asda and EG Group. Dalton has warned that the merger...
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The optimism of family companies is returning
The mood of domestic family companies improved further, the K&H family companies index stands at -3 points. The companies expect a higher increase in sales revenue and a smaller decrease...
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Amazon to hire 5,000 refugees in Europe
Over the next three years, ecommerce giant Amazon will hire more than 5,000 refugees in Europe. It pledged to do that, together with over 40 companies. Together, they will hire,...
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It is important to increase the water retention capacity of the soil
Anikó Juhász, Deputy Secretary of State responsible for agriculture, participated in a bilateral professional meeting in Bratislava, where the State Secretary of the Slovak Ministry of Agriculture and Rural Development,...
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Mars Launches Warehouse Management System To Drive Efficiency
Mars, Incorporated has announced the launch of a new warehouse management system (WMS) that was developed, tested and implemented across 10 North American warehouse sites in just eight months. The...
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Péter Szijjártó: agricultural cooperation with the Bosnian Serb Republic continues
Cooperation with the Republic of Bosnia and Herzegovina to support agricultural entrepreneurs continues, the agreement on this was signed on Thursday, the Minister of Foreign Affairs and Trade announced on...
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Ipsos research: planning generational career paths is still the task of the future
On June 15, in an exclusive environment provided by the Electrolux Showroom in Budapest, the Swedish, Swiss and Dutch Chambers held a morning-long joint event, which focused on generational motivations...
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The BCSDH is announcing the Sustainable Future Award again this year
The current situation poses serious challenges to business actors. This should encourage us even more to act quickly, to transform our systems into more sustainable ones. The award for a...
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Ukraine: FAO and WFP join forces to clear agricultural land from remnants of the war and help farmers resume production
The Food and Agriculture Organization of the United Nations (FAO) and the World Food Programme (WFP) have launched a joint programme in collaboration with mine action partner Fondation Suisse de...
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Food rescue in school kitchens
As part of a pilot project, the Magyar Élélmiszerbank Egyesület and the Catering Service Organization of the Budapest Metropolitan Municipality have successfully tested the conditions under which leftover, unserved food...
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The number of hyper-rich has decreased
The group of high net worth individuals (HNWI), i.e. the hyper-rich, decreased last year. Regionally, North America (46%) and the Asia-Pacific region (32%) have the largest share of the global...
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The project launched to create the ePincekönyv has been completed
The project launched on the order of the Ministry of Agriculture (AM) to create the ePincekönyv has been completed – said the Deputy Secretary of State responsible for the agricultural...
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