Market News

In March, annual inflation slowed to 6.6 percent in Romania

Annual inflation in Romania slowed to 6.6 percent in March from 7.2 percent in February, the National Statistical Institute (INS) announced on Thursday. In March, the price of services was...

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Corn sowing begins in Zala County

In the middle of April, corn, sunflower and soybeans are sown in Zala County. The planned sowing area of corn is almost 30,000 hectares, and that of sunflower exceeds 5,000...

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In China, consumer prices rose less than expected in March

Consumer prices in China increased by 0.1 percent in March on an annual basis, the statistics office of the Asian country announced on Thursday. Analysts expected a larger increase of...

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Starting this summer, domestic food industry entrepreneurs can apply for HUF 200 billion in non-refundable subsidies

The economic government allocates resources worth HUF 480 billion for food industry developments within the framework of the Common Agricultural Policy (KAP) Strategic Plan.In many respects, the related tenders published...

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Wastewater treatment plants effectively remove microplastics – survey

Wastewater treatment plants remove microplastics with high efficiency, despite the fact that they were not designed to solve such problems – it was revealed during a survey of several domestic...

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Several chamber farmers help with the submission of uniform applications

Calling up EU agricultural subsidies involves more and more administrative tasks. In order to be able to support its members effectively, the National Chamber of Agriculture (NAK) has expanded its...

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Agrometeorology: still summer weather, followed by cooling and precipitation is expected over the weekend

After the summer-like hot and dry weather at the beginning of April, a significant cooling and more or less precipitation is expected next week, which would be greatly needed especially...

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Food-inspired hair dye: Actress Julia Fox backs novel Velveeta Gold hair color launch

Kraft Heinz unveils its first hair dye, Velveeta Gold, which resembles its “iconic” yellow-hued cheese. To launch the limited-edition, semi-permanent hair dye, Velveeta partners with actress Julia Fox, known for...

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The parliamentary debate on agrarian laws has begun

The main goal of the draft law is to increase the competitiveness of the Hungarian agricultural sector, reduce administrative burdens and promote the uniform application of the law – summed...

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Aldi US doubles down on EDLP price promise

Aldi Süd in the USA highlights the low-price appeal of its discount model. The retailer especially emphasizes the simplicity and inclusiveness of its EDLP strategy. The discounter challenges the paid...

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The United States has the Highest Ecommerce Penetration Rate

According to data presented by Stocklytics.com, the United States has the highest ecommerce penetration rate in the world of 87%, much more than any other country. Although in-person shopping is...

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Jumbo Implements Measures To Make Cheese Supply Chain More Sustainable

Dutch retailer Jumbo seeks to make its cheese supply sustainable by collaborating with Uniekaas Holland and more than 200 dairy farmers from the DOC Kaas cooperative. Jumbo and its partners...

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More than four thousand packs of cigarettes were found in a Belgian van near Nagylak

The tax inspectors found more than four thousand packs of cigarettes in a van with Belgian license plates at the Nagylaki border crossing, the National Tax and Customs Administration (NAV)...

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Hungarian agriculture is at a tipping point

Despite the vicissitudes of recent years, Hungarian agriculture has proven its ability to export. In 2023, our export performance contributed significantly to the result of the budget, which provides outstanding opportunities...

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Meats are becoming more expensive: the rise in cost prices and the difficulties faced by processors are in the background

The rise in the price of meat poses serious challenges to processors due to the increase in cost prices, said Tamás Éder, president of the Association of Responsible Food Producers,...

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According to Greenpeace, the new redemption system is not even in the pipeline

According to a recent survey by Greenpeace, the deposit system for beverage packaging in Hungary shows a worrying trend in the recent period. There is almost no trace of the...

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We need locally and sustainably produced energy

Due to Hungary’s large energy exposure, we need locally produced and sustainable, environmentally friendly energy – said Attila Steiner, State Secretary of the Ministry of Energy, at a press conference...

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Dr György Tilesch: We have entered the AI era2

… the biggest challenge of which is basically to find the balance between the individual and the machine – told Dr György Tilesch, artificial intelligence expert, founding president of the...

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Barry Callebaut to cut around 2,500 jobs worldwide

Swiss chocolate maker Barry Callebaut is to start layoffs worldwide, resulting in a total of 2,500 job cuts – from this 500 in Belgium. Barry Callebaut wishes to streamline its...

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Szallas.hu: the number of reservations and domestic guest nights increased in the first quarter

Hungarian guests booking on the Szallas.hu website spent 8 percent more nights in domestic accommodations in the first quarter of this year than a year earlier, and the number of...

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RANDSTAD Workmonitor: What motivates employees?

Randstad asked 27,000 employees from 34 countries about what is important to them in the world of work and what they expect from their employer. The latest Workmonitor survey reveals...

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In March, inflation remained at 2 percent in the Czech Republic

In March, annual inflation in the Czech Republic remained at 2 percent in February, the Czech Statistical Office announced on Wednesday in Prague. In a monthly comparison, prices rose by...

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This year, Generali’s EnterPRIZE program already supports sustainable businesses with HUF 7 million

The joint 2023 survey of the Generali Group and the Italian SDA Bocconi (in which more than 1,000 European businesses were asked about their efforts in the field of sustainability)...

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BCSDH annual meeting: Let’s lead the change!

The Business Council for Sustainable Development in Hungary (BCSDH) held its annual meeting at the Railway History Park on 27 February. This article is available for reading in Trade magazin...

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Learn about the energy cycle with Coca-Cola!

Coca-Cola Magyarország is committed to sustainability and conscious consumption, so the company’s #myfuture platform is adding an energy cycle themed educational module to its series of circular economy learning materials....

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Newly developed crude oil and grain transport wagons are being leased by EWG from the Swiss Wascosa

The East-West Gate (EWG) intermodal terminal located in Fényeslitké in Szabolcs-Szatmár-Bereg County will lease 60 newly developed and environmentally friendly crude oil and grain transport wagons from Switzerland’s Wascosa on...

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A quarter of the companies increase the amount intended for fringe benefits

At the beginning of the year, fewer employers scheduled salary increases for this year than last year, and although there are still a majority (63%) who plan to increase wages,...

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From price sensitivity to sustainability

In 2023 sales in the cleaning products market increased by nearly 16% in value, driven mainly by rising prices, as all segments of the category declined in volume. This article...

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E21: green transition is only possible with green financial solutions

Green capital market, green financial products, greener banking aspirations – the most recent meeting of Energia21 was organized around the theme of green financial solutions, where the founding members consulted...

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Domestic sunflower cultivation is at the forefront of Europe

According to the forecast of Syngenta, the market leader in the field of sunflower seeds, compared to last year’s record 700,000 hectares, the planting area of the plant will decrease...

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