Market News

7-Eleven allows customers to drink inside stores

Customers visiting 7-Eleven convenience stores in Ontario, Canada will soon be allowed to purchase and consume alcohol on the premises. Next time you visit a 7-Eleven in the Canadian province...

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If it’s summer, then barbecue! – Tips for the perfect barbecue in the garden

In the heat, our meals change completely: the rich selection of fresh vegetables and fruits offers endless possibilities for creative, light and healthy recipes. Grilled vegetables are not only light...

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Tenders for small-scale food processing developments have opened

Support applications can now be submitted for the “Support for the development of processing plants” announced by the Ministry of Agriculture with a budget of HUF 50 billion, which can...

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In the OECD, the real income of the population increased by 0.9 percent in the first quarter

In the countries of the Organization for Economic Co-operation and Development (OECD), the real household income increased by 0.9 percent in the first quarter of this year compared to the...

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They were popular last semester logistics events and training

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

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Tenders for small-scale food processing developments have opened

Applications for support can now be submitted to the “Support for the development of processing plants” announced by the Ministry of Agriculture with a budget of HUF 50 billion, which...

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Do we give or receive? – volunteering in practice

In Hungary, in the last decade, the proportion of people taking up voluntary work has increased, if not significantly.While in 2011, 28% of 15-74-year-olds performed this type of activity, in...

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In Hungary alone, we waste 820,000 tons of food every year

During cooking, a lot of kitchen waste is produced, which we usually throw away, and in addition, there is also a huge amount of food that we don’t even use,...

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The allocation of the data deletion code will soon be automated

From August 21, a change that will significantly affect the administrative processes of companies that sell digital data carriers is coming. By controlling the so-called data erasing code, devices capable...

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Significant expansion in live cattle exports, decline in beef exports

According to the AKI’s slaughter statistics data, cattle slaughter in January-June 2024, expressed in live weight, was 11.5 percent below the amount in January-June 2023. Cows, which account for two-thirds...

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Attention horse owners: protection against

West Nile fever is recommended So far this year, the Nébih laboratory has confirmed the presence of West Nile fever infection in 3 horses: the first case was established by...

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Amazon partners with TikTok and Pinterest for social selling

Amazon has partnered with TikTok and Pinterest to allow users to buy products directly through the social media apps. At the moment, this trial is limited to users in the...

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Egg prices at the packing point have decreased in Hungary

According to data from the European Commission, the packing point price of table eggs in the EU was 214 euros/100 kilograms in the first thirty-one weeks of 2024, which decreased...

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Lipton’s Kenyan tea estate sale challenged by indigenous group

The sale of Lipton Teas and Infusions’ tea estates in Kenya has been challenged by the local indigenous community. Sri Lanka-based investment firm Browns Investments snapped up Lipton’s tea estates...

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Summer seasonal inspection: only two counties had problems with plant protection agents

Plant protection agents available from retailers and available from producers were also examined by plant protection inspectors during the summer seasonal inspection. The main purpose of the nationwide investigations was...

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Digital payments are taking over in Hungary: we are ahead of the EU average

In Hungary, the proportion of non-cash payments is constantly increasing, which has now exceeded the EU average. In 2023, the proportion of electronic payments increased by 3 percentage points and...

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GVH investigates green claims related to PET bottles

The Economic Competition Authority (GVH) launched parallel proceedings against several companies, as they probably misled consumers with the claims on the labels of mineral water and soft drink bottles and...

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According to the director of Sió, the prices of fruit juices will continue to rise

In the past year, the price of fruit juices has increased by an average of 9.5 percent. The increase in the price of summer juices can be a surprise, especially...

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Annual inflation in Romania accelerated to 5.42 percent in July, food prices rose by 1.71 percent

Annual inflation in Romania rose to 5.42 percent in July from 4.94 percent the previous month, the National Institute of Statistics (INS) announced on Monday. Inflation in Romania slowed continuously...

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AI is a multifaceted story

Artificial intelligence continues to be the most important topic in Silicon Valley, and companies view the new technology favorably, in which they make significant investments, and even base their operations...

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GKI survey: How will wages develop in Hungary in 2024?

According to KSH data, in May 2024, the average gross salary in the corporate sector was HUF 664,000, which represents a 13% increase compared to the same period in 2023....

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Serious EU challenges in the field of aquaculture

In 2022, the production of aquatic animals in the European Union amounted to 4.2 million tons, the bulk of which, 3.1 million tons, came from traditional fishing. In contrast, aquaculture,...

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A balanced harvest is expected this year on domestic plum orchards

As a result of the frost damage and cold effect caused by the changeable weather occurring nationwide, a larger than usual amount of fruit drop was observed in domestic plum...

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This is how you should buy peaches at a good price

One of the most popular fruits of the summer, the peach, is available in a wide variety, but the prices can differ significantly depending on where you buy it –...

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Sándor Farkas: many unpredictable factors can affect the food supply

Following the questions of Ágnes Vadai, the member of parliament, Sándor Farkas, the State Secretary of the Ministry of Agriculture, informed the public about the expected loss of agricultural crops...

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LG’s anti-discoloration technology for outdoor digital displays is the first to receive UL certification

LG Electronics (LG) presented the so-called Anti-Discoloration™ technology. Certified by the respected standards and testing organization UL Solutions, the new technology helps prevent screen yellowing, a common problem with outdoor...

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Philip Morris to build nicotine pouch production facility in Aurora

Philip Morris International announced plans last week to invest $600 million over the next two years to open a manufacturing facility in Aurora that will produce Swedish Match ZYN nicotine...

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Coop Switzerland Implements New Measure To Prevent Food Waste

Coop Switzerland is freezing select fresh meat products on their ‘use-by’ dates and offering them at reduced prices as part of its efforts to prevent food waste in the fresh...

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Studenac Obtains Loan Worth €40m From EBRD For Expansion

Croatian retailer Studenac has secured a €40-million loan from the European Bank for Reconstruction and Development (EBRD) to support its growth strategy. The funds will be used to acquire additional...

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Turkey increases customs taxes to curb cross-border ecommerce

The Turkish government is implementing drastic tax changes to reduce online consumer orders from foreign online stores. Import duties are set to rise significantly, while the exemption threshold will be...

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