Market News
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...
Read more
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...
Read more
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,...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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,...
Read more
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...
Read more
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...
Read more
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...
Read more
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,...
Read more
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...
Read more
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...
Read more
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...
Read more
This is Hungarians prepare for winter
Date: 2022-07-20 11:09:52
There is gross inflation in Hungarian stores, and there is no end in sight. Not only the prices of basic foods have gone up, but fresh fruit and vegetables also...
Read more
The growth of Swiss watch exports slowed to 8.1 percent in June
Date: 2022-07-20 11:05:05
Exports of Swiss watches in June this year increased by 8.1 percent, compared to a year before and amounted to 2.129 billion Swiss francs, the Swiss Watch Industry Association (FHS)...
Read more
ALDI overtaked LIDL in being the UK§s cheapest supermarket in June
Date: 2022-07-20 10:49:29
Aldi has been named as the nations cheapest supermarket in the month of June, beating rival Lidl for the first time in seven months and saving customers over £25. According to the...
Read more
AM: extended control by Nébih in vineyards and large wineries
Date: 2022-07-20 10:27:34
This year, a new element is being added to the vintage control program that started four years ago. In 2022, in addition to the usual inspections of vineyards and wineries...
Read more
Unilever cost cuts downsizes Magnum Multipack
Date: 2022-07-20 10:08:05
Consumer goods company, Unilever has made the size of its Magnum multipacks smaller, as inflation continues to push up the price of grocery products. In a bid to mitigate these...
Read more
Coface reported a not very positive situation
Date: 2022-07-20 09:50:47
In a short time, companies will be able to calculate the euro exchange rate above HUF 400 in their plans, which can throw up inflation. Although it has achieved one...
Read more
Századvég: the European Commission made a significant contribution to the serious energy situation
Date: 2022-07-20 09:48:47
The business manager of Századvég Konjunktúrakutató Zrt. on the current channel M1 on Wednesday blamed the European Commission for the “marked” part of the serious energy situation. If it were...
Read more
The subsidiary of Delta Technologies has entered the narrow elite of military supply companies
Date: 2022-07-20 09:38:51
Delta Systems, a 100% owned subsidiary of Delta Technologies, became a certified NATO supplier based on the decision of the Ministry of National Defense. Pursuant to the qualification, Delta Systems...
Read more
TIM: almost all registered students are already working
Date: 2022-07-20 09:33:11
16-25-year-olds who received government wage subsidies for vacation employment have been able to apply since mid-June and will start working from the beginning of July. So far, 19,312 high school...
Read more
Agricultural experts: the world’s food economy has reached a turning point
Date: 2022-07-19 14:25:48
Sorry, this entry is only available in HU....
Read more
Magyar Bankholding expects inflation of 11.7 percent this year and 7.6 percent next year
Date: 2022-07-19 12:04:04
In the coming months, inflation may rise to 11.7 percent this year, and fall to 7.6 percent next year due to price changes, the weakening of the forint, tax increases,...
Read more