Market News

The price of olive oil is finally falling

A significant drop in the price of olive oil is expected by the end of the year, thanks to the increase in production, reports Portfolio based on the European Supermarket...

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According to a survey, young people value sustainability and environmental expectations the most

Young people primarily expect sustainability and the protection of environmental values ​​from the leaders of the technology industry, according to joint research by the Hungarian Bosch Group and Gedeon Richter...

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The EU’s artificial intelligence regulation is evolving

More than a hundred companies have joined the European Union’s Artificial Intelligence Pact, which came into effect on August 1st, and aims to promote reliable and safe AI development. The...

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Enough panic about the toxin

Everyone should do their job responsibly on the corn market, don’t stir up tension, and then the toxin situation will be handled in the case of this year’s crop as...

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A new idea competition for the development of Lake Balaton with a scholarship of millions

The Hungarian Tourism Association Foundation has announced the CheckINN tourism innovation idea competition for the sixth time, which this year is based around Lake Balaton. The purpose of the competition...

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Through the ecumenical aid organization, MBH Bank helped 35,000 people

MBH Bank has supported 35,000 people through the Hungarian Ecumenical Aid Organization in the Conscious Help program since they entered into a strategic partnership last year. The results of the...

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The call for proposals entitled “Agri-environmental management payments” can be considered

The environmentally conscious production approach is increasingly becoming a part of the management of our time. Within the framework of the new Common Agricultural Policy Strategy Plan (KAP ST), the...

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Support for children with food allergies

This year Naszálytej Zrt.’s CSR campaign supported a camp for children with food allergies. This article is available for reading in Trade magazin 2024/8-9 Magic Milk lactose-free dairy products and...

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Farmers’ competitiveness must be maintained

We must jointly represent our interests and speak together in Brussels in order to protect the competitiveness of farmers and the food security of the region – declared Minister István...

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Finshape acquires majority ownership in one of Central Europe’s leading innovation agencies, Direct People

Finshape, the leading international provider of digital banking solutions, acquires majority ownership in Direct People, one of Central Europe’s oldest innovation agencies based in the Czech Republic, Finshape’s management announced....

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The OECD improved its global growth forecast for this year

The Paris-based Organization for Economic Co-operation and Development (OECD) slightly improved its global growth forecast for this year in its forecast released on Wednesday compared to its previous estimate in...

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Temu eclipses Amazon in monthly downloads

A new analysis of download data for the Chinese shopping app Temu reveals it is quickly growing in popularity. The Temu app has been downloaded more than 735 million times...

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Adaptation to climate change is an important objective of forest management

In the case of Hungarian forests, we have adequate knowledge, numerous research results and practical management models in order to facilitate adaptation to climate change, which, in addition to professional...

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A global sugar market crisis is looming: Drought, floods and export restrictions are hitting the market

The world sugar market is currently facing major challenges as major production problems have arisen in Brazil, Thailand and India. Forest fires, drought and heat have reduced sugar production in...

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The EU agricultural crisis reserve must also be opened to deal with summer drought and flood damage

István Nagy asked Janusz Wojciechowski, the Commissioner for Agriculture of the European Commission, to open up the EU agricultural crisis reserve for producers to compensate for summer drought and flood...

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Edeka limits opening times of service counters

German market leader Edeka wants to implement hybrid counters for the fresh departments. The step is motivated by continued labor shortages on the German market. Service counters will stay a...

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A call for fish farmers was opened with a budget of more than HUF 3 billion

The Hungarian Fish Farming Operative Program Plusz (MAHOP Plusz) represents the basis for the support and development of Hungarian fish farming in the period between 2021-2027. As part of this,...

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Co-op Launches 24-Hour Online Delivery Service

Co-op has announced the launch of a 24 hour delivery service at its stores in Leeds, London and Manchester. The UK retailer said the move is in response to growing...

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Danone offers to buy kefir maker Lifeway Foods for $283M

The proposal to buy the company for $25 a share comes as Lifeway’s leadership remains embroiled in a bitter family dispute and the manufacturer faces shareholder calls to sell itself....

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This way the autumn fruit stays fresh for a long time

In the autumn season, we come across an abundance of different fruits on store shelves, but it is not always easy to determine which fruit is ripe and ready to...

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Agrometeorology: the layer near the surface of the soil has dried out a lot, but it still has a good supply of moisture

The layer of the soil close to the surface has dried up a lot in the past week or so, but it still has a good supply of moisture, which...

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The alpha generation is opening a bank account

Opening a bank account is an important milestone in deepening young people’s financial knowledge. Many children have their own accounts from a very young age, and the majority of teenagers...

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Slowly we can make plans again

In May Trade magazin organised its BusinessMeetup&Dinner, where Szilvia Krizsó interviewed Péter Noszek, the CEO of Nestlé Hungária. Péter Noszek has worked at Nestlé for 33 years. He has been...

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Self-service checkouts have had a mixed reception in Hungary

According to a joint survey by the Pénzcentrum and the University of Debrecen, the vast majority of Hungarian customers have already used self-service cash registers, and many prefer them over...

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Optimistic CEOs around the globe – growth can start

CEOs are more optimistic about growth prospects than last year – according to the latest EY global survey of 1,200 CEOs and 300 institutional investors, conducted in 21 countries including...

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Only 15% of Europeans know how to use artificial intelligence in everyday life

Samsung’s latest research shows that only a fraction of Europeans feel confident that they can use AI in their everyday lives. According to the survey of more than 11,000 participants...

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The AI ​​revolution awaits: two-fifths of companies are still exploring the business opportunities inherent in artificial intelligence

While the world is burning with the fever of artificial intelligence-based tools available for free, the AI ​​hype is a little more subdued in the corporate sector: although almost three-quarters...

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Spájz wins international award

Spájz Raspberry Syrup, Spájz Blackcurrant Syrup and Spájz Provence Syrup by Keszthely-based Spájz Szörpmanufaktúra have been honoured at the Great Taste Awards. This article is available for reading in Trade...

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The sharp-strong pepper seeds passed a successful test: Promising results in the Nébih experiment

The sharp-strong pepper seeds examined in the Süpermenta product test at the beginning of summer remained in the center of attention, as their detailed analysis continued at the Breeding Station...

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The leading HR service provider has broken into a new market – WHC wants to bring a higher level of customer experience

Central and Eastern Europe’s leading HR service provider, the Hungarian-based WHC Group, is stepping into a new area: CX Services performs international business process outsourcing (BPO) and offers cutting-edge customer...

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