The circular economic model is also popular among the Hungarian companies
Waste is not only an environmental problem but also an economic one, so the linear economic model should be transformed into a circular economy based on a circular process – Kriza Máté, president of the Circumcision Economy Foundation told M1 news channel. He explained that the circular economic model is spreading among the Hungarian companies as well.
The linear economy loses a lot of raw material because the products are thrown away after use, and the circular economy has not only environmentally but economically benefits, he explained.
He added: the recycling of waste can also prevent the pollution of the environment and the loss of valuable minerals. He mentioned mobile phones as an example, which could be recycled so that no new raw materials could be extracted. (MTI)
Related news
The circle is closing: the proof is already in stores that the returned Szentkirályi bottles will become bottles again
The collection and recycling of recyclable materials introduces a new…
Read more >There is a little scepticism about corporate sustainability
According to the Capgemini Research Institute’s 2024 survey, consumer confidence…
Read more >Mol and the University of Pannonia have completed a successful consortium project
Mol and Pannon University have concluded a successful consortium project…
Read more >Related news
NGM: public finance deficit as a percentage of GDP decreased in 2024
At the end of December last year, the central subsystem…
Read more >Liver patés entering a new era
Liver paté is a traditional product on the dinner tables…
Read more >