Market News

The WWF warns about proper water management

The impact of climate change can be felt more and more. According to a new report from the WWF, the inadequate water management practice in EU member states further exacerbates...

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Robotization in harvest

Agriculture is one of the industries that is able to take full advantage of the development of robotization. Daily Star reports that from Belgium to England and Japan, farmers are...

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We can use the smartphone to check the food in the store

British researchers have developed low-cost, smartphone-friendly, environmentally friendly sensors for checking the freshness of packaged meats and fish – origo wrote. Researchers say that the new sensors can help detect...

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We need to eat 100 million bacteria a day to maintain our health

We put about as many pathogens into our body when we chew an organic apple, and that’s right – a recent study points out. An apple every day keeps the...

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Smuggled cigarettes were found in a minibus near Milota Szabolcs county

Police found smuggled cigarettes worth sixty-six million forints in a minibus near Milota near the Hungarian-Ukrainian border – the Szabolcs-Szatmár-Bereg County Police Headquarters announced on Sunday on the police’s website....

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Growth in the euro area private sector slowed in July

Growth in the private sector in the euro area slowed in July, according to the Purchasing Manager Indexes. IHS Markit, a London-based financial and economic data provider announced on Wednesday...

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Magazine: Dishwashers are taking over

According to Dóra Szűcs, brand manager of Henkel Magyarország Kft., the engine of the washing-up product sales growth is the increasing penetration of dishwashers. The sales growth is the biggest...

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FruitVeB: this year’s vegetable crop may be similar to last year’s

According to preliminary estimates, farmers will be able to harvest on 82,000 hectares – Ledó Ferenc, president of the Hungarian Fruit and Vegetable Interbranch Organization and Product Council (FruitVeB) told...

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This year less apples than average will grow in Hungary

On the basis of the preliminary crop estimates, about 450,000 tons of apple crop are expected in Hungary this year, which is 25 percent below the average. In Hungary, the...

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New aid scheme for beekeepers

In order to make beekeeping more competitive and to maintain the health of bee populations, the Ministry of Agriculture has developed a new support scheme for beekeepers – Magyar Nemzet...

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Opten: half of the companies are less than ten years old

The survival rate of the Hungarian companies continued to deteriorate. 28 percent of the companies are terminated within five years, and 52 percent within 10 years. According to Opten, in...

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The ambassador of one of the world’s most exclusive whiskeys visited Hungary

For the first time in July this year, the regional brand ambassador of Macallan, one of the most famous Scottish whiskeys, visited Budapest. Anna G. Metaxas’s performance filled the Black...

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We can already study pálinka tourism at the university

The Budapest Metropolitan University (METU) is launching a specialty in the field of pálinka tourism. The unique training prepares the participants for the Hungarian national drink, the pálinka to be...

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Controversial consumer trends battle for energy efficiency

What consumer trends are really happening today when buying technical consumer goods (TCG), such as smartphones, computers, televisions, or washing machines? Consumer attitudes observed by GfK Consumer Life®, as well...

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ITM: Member States opposing regulations that distort the transport market are acting unanimously

Member States opposing regulatory plans that distort EU transport market continue to act united – the Ministry of Innovation and Technology (ITM) told MTI. The six CEE Member States believe...

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E-commerce continues to gain ground in technical consumer goods markets

n the first half year of 2018 e-commerce accounted for approximately a third of the total value of technical consumer goods (TCG) sold globally to consumers. Across 18 European countries*...

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Beekeeping Association: the number of beekeepers is reducing

In the past one or two years, the number of beekeepers has begun to decline as it becomes increasingly difficult to keep bees, the president of the National Hungarian Beekeeping...

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Why worth to order wine online?

We Hungarians may be less familiar in the online world: while many people overseas order wine online, we still consider supermarkets and wineries as our primary shopping destination. However, not...

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Nearly as much Chinese as American companies can be found on the Fortune 500 list

The Fortuna Global 500 list of the world’s top-selling companies has almost as many Chinese as American companies this year. In the top five hundred, the number of Chinese companies...

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Consumer confidence improved in the European Union in July

Consumer confidence in the euro area and in the European Union as a whole improved in July compared with the previous month, according to preliminary data released on Tuesday by...

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Five tips to reduce food waste

An average Hungarian throws 33 kg of food into the trash every year simply because they bought too much of certain products or stored them inadequately. Regardless of the diet...

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The EU can impose 35 billion USD, if US automotive protective tariffs come into force

The European Union is ready to impose import duties on some 35 billion USD US products if the US imposes protective duties on imports of motor vehicles and auto parts...

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WWF: Earth’s annual resources will run out on Monday

World Overconsumption Day is July 29 this year: According to the Global Footprint Network, the Earth’s population will use up the planet’s annual resources on Monday. As the Hungarian organization...

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Insects for food use require a thorough food safety assessment

There is a strong desire in Europe to market edible insects and products as food – Magyar Nemzet Online wrote. This is already possible in some Member States, but only...

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The yield of cereals is quite good

Although the picture is mixed in quality, cereal grains produce better yields than previously expected. If the weather will be good, the wheat harvest will be finished by the end...

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Nagy István: countries with strong agriculture must act together to preserve CAP funds

The countries with traditionally strong agriculture need to act together to retain the resources of the Common Agricultural Policy (CAP) and to preserve farm-friendly, simple regulation – Agriculture Minister Nagy...

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Hungarian products are being cycled around by bloggers

What a cement plant can do to help to protect the environment? How can we reduce the amount of plastic packaging we use? How we can simply make healthy delicacies...

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Chinese pig import is increasing

China’s pork import increased significantly in June. Although the Asian country is the world’s leading producer of pork, the herd is decimated by swine fever – origo wrote. Beijing customs...

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Profession.hu: Hungarian workers find the number of days off in one year to be low

48 percent of Hungarian workers consider the number of days off a year to be low, which is an unfavorable change from 2014, when 40 percent of workers thought the...

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The IMF has downgraded its forecast for global GDP growth this year and for the next

The International Monetary Fund (IMF) has downgraded its forecast for growth in the world economy for this year and the next. The IMF said in its updated report (World Economic...

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