Market News

Grain production could hit historic record as stocks dwindle

The world market price barometer is at new heights, after experts from the Food and Agriculture Organisation of the United Nations (FAO) registered levels not seen since July 2011. The...

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The supply chain is catching up with deforestation and agriculture as the largest emitters of the agri-food sector

Within the agri-food system, the food supply chain is close to outpacing agriculture and tillage in terms of greenhouse gas emissions due to food processing, packaging, transport, trade, household consumption,...

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Heineken commercial starring Daniel Craig

‘Worth The Wait’ is the title of Heineken’s new commercial that stars Daniel Craig. The commercial shows Daniel Craig waiting patiently for the first satisfying sip of an ice-cold Heineken...

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Magazin: Online: Slower sales, but still growing

NielsenIQ’s online index audits the online sales of retailers with physical stores (Tesco, Auchan, Spar, Online Príma, dm, Rossmann). In the 2nd quarter of 2021 online sales kept growing, but...

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European Trade Day: For each other and for the Customers!

For the 17th time, European Trade Day was held. The organising VOSZ wanted to draw attention to the strategic importance of the situation of the domestic commercial sector. On The...

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Average purchasing power per capita in Hungary 7,643 equivalent to 51% of the European average.

In 2021, the average purchasing power per capita in Europe is EUR 15,055. However, there are significant differences in net disposable income between the 42 countries examined: Liechtenstein, Switzerland and...

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Blokkk com: Black Friday is getting wekaer and weaker

Officially, November 26 is Black Friday, and this year it looks like there will be fewer Black Friday days, a smaller wave of specials, more modest discount rates and a...

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GKI Digital: Over 60,000 HUF for this year’s Christmas gifts

While last year’s Christmas was more limited due to the coronavirus and most of the gift purchases were transferred to online stores, this year we would like to give gifts...

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KSH: retail sales increased by 5.8 percent in September

In September, retail sales increased by 5.8 percent, according to both raw and calendar-adjusted data, the Central Statistical Office (KSH) announced on Friday. The volume of turnover in grocery and...

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ITM: online sales is already soaring high before the end of the year

In the first month of autumn, retail brought back the pre-coronavirus expansion level. According to the Central Statistical Office, the turnover of domestic stores increased by almost 6 percent in...

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European overview of fish production

Fish production in Europe has increased significantly in recent years, agrarszektor.hu wrote. Eurostat recorded an increase in aquaculture production of over 10 percent in several European countries between 2011 and...

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Public catering is not mass catering

Public catering is is not mass catering. It does not mean that we deliver some food to children, hospitals or workplaces, but that they have access to quality food at...

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Zoltek Zrt. was named Company of the Year

From next week, the Watcher TOP200 yearbook will be available on newsstands. The publication ranks the largest and fastest growing companies in Hungary, relying on the data of Opten Informatics...

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In Romania, retail sales increased 11.9 percent in the first three quarters

In Romania, according to raw data, the volume of retail sales increased by 11.9 percent in the first nine months of this year, compared to the same period last year,...

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10% of the world’s population does not even have access to basic drinking water

Water is one of the most important elements of our lives, without solid food we can last weeks, but without water our organism can survive only for a few days....

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Varga Mihály: the Hungarian economy may grow by 6.8 percent this year

Due to soaring energy prices, rising inflation and deteriorating virus situation, the Ministry of Finance (PM) expects 6.8 percent economic growth this year, lowering previous expectations, said Finance Minister Varga...

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Hungary has been upgraded by Coface credit insurance

Coface upgraded the Hungarian economy, so that instead of the previous A4, it now has an A3 rating, which is the same as in Slovakia, the Czech Republic and Poland,...

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Favorable trends in poultry farming

In a world hungry for animal protein, there are huge opportunities in the poultry sector – agrarszektor.hu wrote. This meat is the most efficient to produce, but its environmental impact...

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Schanda Tamás: consumers’ rights are further strengthened

The government will further strengthen consumer rights from May 2022, when new rules come into force to prevent tricky price cuts, the parliamentary and strategic secretary of state of the...

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Growth in the euro area economy also slowed in October

The growth rate of economic performance in the euro area also slowed in October compared with the previous month, according to IHS Markit’s Purchasing Managers’ Indices (PMI). According to final...

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One in five workers would switch jobs, according to a survey

One in five Hungarian employees is thinking about starting a different job, or is already looking for a new opportunity – according to the latest representative survey of SkillX Technologies...

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(HU) Jönnek a kkv-kat is értintő, környezetvédelemi és fenntarthatósági megoldások

Sorry, this entry is only available in HU....

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LG’s first OLED panel monitor is now available at home

LG has also started to market its UltraFine OLED Pro display, which was presented for the first time at ces 2021. The 32-inch 4K monitor with the 32EP950 is the...

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According to a survey, Hungarian consumers prefer environmentally friendly products

The majority of Hungarian customers prefer environmentally friendly products, especially sustainability is an important aspect for young people – The Reacty Digital Kft. told MTI. According to a survey by...

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The autumn harvest in Békés county is over

The autumn harvest works in Békés county have been completed. It also produced significantly less sunflower and corn than in previous years; lack of rainfall is also a major threat...

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ITM: Consumer Protection has corrected incomplete or misleading information on masks

From November 1, wearing a mask is again mandatory in public transport. The consumer protection authority is stepping up controls in the event of a pandemic, filtering protective equipment at...

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Chilean walnuts are becoming more and more popular in the domestic market

This year, the weather has had an adverse effect on walnut production throughout the country, and this can be seen mainly in fruit sizes, agrarszektor.hu quotes Kelemen Péter, vice-president of...

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Carrots of Fertőd also received EU protection

By a decision of the European Commission on 3 November, the name Fertőd vidéki sárgarépa (Fertőd rural carrot) was granted EU protection. As a result of the Ministry of Agriculture’s...

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ITM: dealers likely to get into trouble less with user guides than with a warranty ticket

Since the summer, a legal requirement has been the legal expectation of customers to receive instructions for use and handling in Hungarian for products sold in Hungary. Following the entry...

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GreenDependent: Hungarian households can reduce the energy consumption by 7-10 percent if they pay attention

Over the past nine years, the average energy savings of households participating in the Energy Communities competition have ranged from 7 to 10 percent, but those who are really committed...

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