Market News
Declining profitability, increasing efficiency: challenges and opportunities in pig farming
Pig farmers are expecting declining profitability this year, despite their continuous improvement in efficiency. The sector faces both serious challenges and opportunities due to the expected lower purchase prices and...
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Csiha Zrt. from Szeged is developing a controlling system for warehouse automation
Csiha Zrt. is developing a controlling system for warehouse automation with the support of the National Research, Development and Innovation Office (NKFIH), the Szeged-based IT company informed MTI. According to...
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Bacardi and Cuba’s legal battle over Havana Club trademark continues
A bitter legal battle continues between Bacardi and the Cuban government over ownership of the Havana Club brand. A Virginia court ruled in favor of the United States Patent and...
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KSH: food industry sales prices increased by 4.5 percent
In December 2024, industrial producer prices were 9.0 percent higher on average than a year earlier. Domestic sales prices were 4.0 percent higher and export sales prices were 11.5 percent...
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Middle-aged Hungarians travel an average of 17,000 kilometers per year
While middle-aged Hungarian drivers have been driving the same average of 16-18 thousand kilometers for years, their fuel expenses have increased due to the increase in the cost of refueling,...
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More than 20 percent of akg and eco-applications were submitted by farmers with the help of the chamber
A total of about 5,400 applications were submitted by farmers nationwide to the call for applications supporting agri-environmental management (AKG) and organic farming (ÖKO) with the free assistance of the...
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Inflation slowed in Germany in January
Instead of stagnating as analysts had expected, German inflation slowed in January, according to a report by the German Federal Statistical Office, Destatis, based on preliminary data on Friday. In...
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Strong domestic vocational training
The renewed Hungarian vocational training is the second best in Europe and is among the top ten in the world, Minister of Culture and Innovation Balázs Hankó announced on Friday...
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EM: we are adapting a proven green energy subsidy to the changed market environment
The Mandatory Feed-in Tariff (KÁT), which encourages industrial-scale green energy investments, has catapulted Hungary to the forefront of Europe in solar production. However, its maintenance costs are constantly increasing, partly...
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More than two thousand people applied for the worker’s loan in one month
The worker’s loan is becoming increasingly popular: in the almost one month since its introduction, more than two thousand people have applied for it, and in several hundred cases the...
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ESET: Fraudulent ads may be hidden in Internet search results
The latest analysis by proactive security company ESET draws attention to fraudulent ads hidden in Internet searches, which it says are especially dangerous when they appear as ads for legitimate...
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Apple’s quarterly revenue rose 4 percent to a record $124.3 billion
Apple Inc. reported a better-than-expected increase in revenue and after-tax profit in the final quarter of last year. The company’s shares rose 3 percent in after-tax trading in New York...
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Domestic measures ordered due to peste de petits ruminants
Peste de petits ruminants (PPR) is a highly contagious viral disease of sheep and goats that causes great economic damage. The main factor in its spread is direct and indirect...
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Ikea to roll out second-hand marketplace across Europe
After successful pilot projects in Oslo and Madrid, IKEA will roll out its second-hand platform Europe-wide: the home furnishing chain wants to compete with players like eBay or Depop in...
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Ahold Delhaize Aims 50% Plant-Based Protein Sales In Europe By 2030
Ahold Delhaize seeks to achieve an equal share in the sales of animal-based and plant-based proteins by 2030 across its European food retail brands. The move will help the company...
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Bird flu has appeared in more counties
The laboratory of the National Food Chain Safety Office (Nébih) has detected the presence of the bird flu virus in Heves and Pest counties. The affected flocks are being destroyed...
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Nébih: the manufacturer recalled whey protein
Due to the possible presence of foreign matter (metal), Tízpróba Magyarország Kft. has recalled the product “WHEY PROTEIN 30 g, chocolate-flavored whey protein” from the market – the National Food...
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Mondelēz’s BelVita launches energy snack bites
The offering is being marketed by the food giant as a mid-morning snack that bridges the gap between breakfast and lunch. Mondelēz International’s BelVita is launching energy snack bites as the brand aims...
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FDA approves nicotine patches: a milestone in tobacco harm reduction
The U.S. Food and Drug Administration (FDA) has approved a new smokeless tobacco alternative for the U.S. market after reviewing extensive scientific evidence. The FDA has determined that nicotine patches...
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A boycott against stores with high prices has also begun in Montenegro
The Montenegrin Alternative (Alternativa Crna Gora) party has called for a boycott of stores that charge high prices, saying that no grocery stores should be open on Friday. The boycott...
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Applications for irrigation investments open from February 4
The Ministry of Agriculture treats the development of irrigated farming as a priority area, and will soon open its call for applications for the implementation of two investments aimed at...
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Eurozone economy stagnated in the fourth quarter
Contrary to analysts’ expectations, the eurozone economy stagnated in the fourth quarter of 2024, Eurostat’s latest report revealed. Preliminary analyses had projected growth of just 0.1%, but even this slight...
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Márton Nagy: the turning point is here, the Hungarian economy will shift to a higher growth path in 2025
According to the Central Statistical Office, the economy grew by 0.4 percent in the last quarter of 2024 compared to the same period of the previous year based on raw...
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Egg prices continue to rise: the elimination of cage farming makes the market more expensive
Egg prices in Hungary crossed the psychological threshold of one hundred forints by the end of January, and fewer and fewer places can get the product cheaper than this. Although...
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To curb climate change, efforts need to be multiplied – climate protection survey among domestic companies
66 percent of Hungarian companies committed to a sustainable transition have specific climate protection goals, and the number of companies measuring their emissions along the entire value chain has doubled,...
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The GVH takes action to reduce the prices of basic foodstuff
The Hungarian Competition Authority (GVH) is taking further steps to curb price increases. Csaba Balázs Rigó, the President of the GVH, has sent a letter of formal notice to several...
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Student Work Trends 2025: What Salaries Can Working Students Expect?
This year’s minimum wage increase also has a significant impact on student wages, while tax breaks for young people and the increasingly widespread home office option in internships further increase...
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This year’s winner of the Blue Planet Climate Foundation’s .wave program has been announced
The winner of this year’s .wave program of the Blue Planet Climate Protection Foundation, announced for the fourth time for startups focusing on sustainability, has been announced. This year, the...
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A “Bite” of the Middle East: FANAN hummus in new packaging and 2 new flavors!
Bezula Kft., the domestic manufacturer of popular hummus spreads, has come up with a new product called FANAN Falat. Based on a traditional Middle Eastern recipe, the chickpea spreads made...
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Starbucks strategy: radical changes in American stores
Starbucks is making major changes in the United States: the coffee chain will eliminate 30 percent of its product range by the end of 2025. According to a report by...
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