Market News
Tesco launches match-and-mix deal to save plastic
Date: 2022-07-25 08:32:38
Tesco has ditched the wrapping on its own-brand juice cartons, water bottles and fizzy drinks in a bid to achieve its sustainability goal of saving 45 million pieces of plastic...
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Three Hungarian companies made one and a half billion HUF investments in the metal industry
Date: 2022-07-25 07:45:06
The consortium of Csaba Metál Zrt., Csaba Tool Kft. and Droidx Kft. carried out a metal industry investment of one and a half billion forints – the tender writer Prospera...
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The economic index of the GKI slowed down in July, but continued to decrease
Date: 2022-07-25 01:31:49
In July, the GKI economic index fell to its lowest level in more than a year, not seen since last March. According to a survey conducted by GKI Gazdaságkutátó –...
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Vote for your favorite “Free from products place” for guaranteed discounts!
Date: 2022-07-24 12:10:23
menteshelyek.hu is a collection of places that offer Paleo, vegan, sugar-free, regenor, milk protein-free, lactose-free, carbohydrate-reduced and gluten-free meals, as well as establishments that manufacture, cater and distribute “free from”...
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KSH: Budapest had the highest employment rate in the first quarter
Date: 2022-07-22 11:50:10
In the first quarter, Budapest had the highest employment rate of 79.9 percent, and Somogy County the lowest with 66.3 percent – according to the publication of the Central Statistical...
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The Ministry of Agriculture negotiated with insurance companies about drought damage
Date: 2022-07-22 11:20:09
Feldman Zsolt, the Secretary of State responsible for agriculture and rural development of the Ministry of Agriculture, held a consultation with the representatives of the insurance companies operating in Hungary...
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The German economy fell back
Date: 2022-07-22 11:10:51
In July, the performance of the German economy unexpectedly began to decline, according to the preliminary results of the survey published on Friday by the London-based S&P Global economic research...
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The performance of the American economy decreased in July
Date: 2022-07-22 11:05:22
The performance of the American economy decreased in July based on the preliminary evaluation of the purchasing manager index of the S&P Global Market Intelligence economic research institute. In the...
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Ministry of Agriculture: farmers can be exempted from their obligations if they suffer drought damage
Date: 2022-07-22 10:42:52
Hungary is being hit by a drought on a historic scale, Hungarian farmers are helped by several previously created legal regulations in such a situation, the Ministry of Agriculture told...
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Mihály Varga: it is favorable that Fitch Ratings confirmed Hungary’s rating despite the war crisis
Date: 2022-07-22 10:24:04
It is good that Fitch Ratings has confirmed Hungary’s classification despite the war crisis and European recession fears, and continues to recommend Hungary for investment with a stable outlook –...
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A scheduled irrigation schedule is established by the National Directorate General of Water
Date: 2022-07-22 09:58:48
In order to deal with the drought situation, the National Water Directorate General (OVF) is creating a scheduled irrigation schedule in addition to technical interventions, and in order to eradicate...
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Domestic food safety is still not in danger, according to experts
Date: 2022-07-21 11:45:36
In addition to the high production costs and the uncertain economic environment, the drought is now making the situation of the producers more difficult, but food safety in Hungary is...
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Want to save the planet? Eat protein from mushrooms and algea instead of red meat
Date: 2022-07-21 11:42:29
Replacing just one fifth of the red meat we eat with microbial proteins derived from fungi or algae could reduce annual deforestation by a massive 56 % come 2050, according...
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The export and import of live pigs also decreased
Date: 2022-07-21 11:40:16
The situation in the Hungarian pig sector is becoming more and more serious. In the first four months of 2022 both the export and import of live pigs decreased significantly,...
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Századvég: the war continues to leave its mark on the economy
Date: 2022-07-21 11:30:19
Based on the July survey of the Századvég Konjunktúrakutató, the population’s and businesses’ sense of the economic situation both worsened: the population index, interpreted on a scale between minus 100...
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The ECB raised the benchmark euro interest rate by 50 basis points
Date: 2022-07-21 11:06:18
The Governing Council of the European Central Bank (ECB) decided on Thursday to raise all three key interest rates by 50 basis points and approved the new transmission protection instrument...
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Nearly 29,000 farms are affected by the Dutch government’s plans to reduce nitrogen emissions
Date: 2022-07-21 11:05:37
According to the calculations of the Dutch Ministry of Finance, 11,200 livestock farms would have to be closed and another 17,600 would have to reduce the number of animals they...
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The growth rate of food prices will already exceed incomes this year
Date: 2022-07-21 10:50:06
We will start to feel the effects of the war in food prices in the quarter of 2022, and the effects of the Covid crisis are currently still visible. Food...
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Heatflation: How high temperatures drive up food prices
Date: 2022-07-21 10:31:44
Soaring temperatures in Europe have impacted agricultural production and look set to have a knock-on effect on food costs. As warmer weather becomes the norm, will “heatflation” become a regular...
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Sustainability and competitiveness are incentives for agriculture – a lesson learned from the CSR Afternoon
Date: 2022-07-21 10:11:14
At the CSR Afternoon organized on July 19, 2022, CSR Hungary and Hipp Kft.’s event on social responsibility and sustainable agriculture, in Hanságliget, the focus was on sustainability and competitiveness...
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Capgemini Research Institute: 34% of employees plan to leave their current job within a year
Date: 2022-07-21 10:08:54
According to international research examining employee experience within companies, managers are overly optimistic about their employees’ job satisfaction. 28% of non-managerial employees claim that they feel comfortable at work, while...
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New energy prices are challenging everyone
Date: 2022-07-21 09:45:08
Although we knew this in advance, it still hurts now that we cannot maintain the level of energy prices moderated by utility cost reduction. However government does not release the...
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How The Frozen Food Category Is Seeking To ‘Sustain Its Strength’ After COVID-19?
Date: 2022-07-21 09:24:50
Like every sector of grocery retail, frozen food has been impacted by the looming threats posed by rising inflation affecting costs at every level, concerns over a strained supply chain,...
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30 new Kulcs Quality Pharmacies waiting for customers across the country
Date: 2022-07-21 09:20:26
At Kulcs Pharmacies, the biggest pharmacy transformation series of all time has reached a major milestone. In July 2022, the number of pharmacies that offer premium service, have earned the...
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The speakers of the Free University analysed the slowdown in the economy, agricultural self-sufficiency and issues of minority rights
Date: 2022-07-21 08:54:36
Speakers of the 31st Bálványosi Summer University and Student Camp held lectures on the expected economic recession, the importance of agricultural self-sufficiency, and the issue of minority rights in Tusnádfürdő...
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This is the reason why there are problems with the sugar supply
Date: 2022-07-20 12:02:33
Although there is currently no question of a nationwide and permanent sugar shortage in Hungary, according to the largest retail chains, many people really perceive it well, and in some...
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KSH: GDP last year also exceeded the pre-pandemic level
Date: 2022-07-20 11:40:16
Hungary’s gross domestic product (GDP) was higher last year than the year before the coronavirus pandemic, the Central Statistical Office (KSH) announced on Wednesday, in connection with its publication “Hungary,...
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K&H: the number of young people with loans has decreased
Date: 2022-07-20 11:20:10
The number of young people with loans has decreased in Hungary based on this year’s representative survey prepared for the youth index of K&H Bank, the bank informed MTI. According...
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Nestlé To Develop Immunotherapies For Food Allergies
Date: 2022-07-20 11:18:49
Biopharmaceutical company Enterome has signed a strategic R&D collaboration and license agreement with Nestlé Health Science targeting food allergies and inflammatory bowel disease (IBD). Enterome is a clinical stage biopharmaceutical company developing...
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Consumer confidence in the euro area and the EU deteriorated in July
Date: 2022-07-20 11:11:10
Consumer confidence in the euro area deteriorated more than expected in July. On Wednesday, the European Commission announced as preliminary data that the value of the consumer confidence index in...
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