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The seasonally adjusted October value of the Purchasing Manager Index (BMI): 50.5
The seasonally adjusted October value of the Purchasing Manager Index (BMI): 50.5. Compared with the previous October values, this year’s value is lower than the long-term average for this month...
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EY: the Government expects almost HUF 100 billion in additional budget revenue from the global minimum tax
The government submitted the proposal to amend the tax laws to the Parliament. A new research and development grant may come, the rules for energy efficiency and development tax relief...
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KSH: The volume of exports of food, beverages and tobacco increased by 0.2 percent, while the volume of imports decreased by 12 percent
In August, the product foreign trade surplus was 665 million euros, compared to July, the adjusted volume of exports decreased by 0.6 percent and that of imports by 1.6 percent,...
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Coca-Cola HBC Hungary has published its 2022 sustainability report
Coca-Cola HBC Hungary supports the corporate group’s sustainability goals published in 2018, and taking into account the UN’s sustainability agenda for the period up to 2030, as a leading company...
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MLSZKSZ: If this continues, there won’t be fewer trucks on the roads – the EU program for greening freight transport has failed
At the moment, the EU goal of diverting 30 percent of long-distance road transport to rail and water by 2030 seems unachievable. In the last four years, the performance of...
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This is how we can use the Barnum effect to convince customers
Why is it that we believe so much in horoscopes? Have you ever felt that the description of your horoscope fits you perfectly, as if it were personalized? And what...
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Companies can do well: the job market is highly active
The economic indicators turned out to be less favorable compared to the companies’ expectations last year, so this year they apparently held back the recruitment of workers, they are waiting:...
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Future-proof strategies discussed at the Agóra conference
August was a special month for Hungarian Product Nonprofit Kft.: they not only organised the very successful Hungarian Product Month campaign, but also the 9th Agóra conference at the Rókusfalvy Estate...
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If we help each other, success will not be left behind!
For more than a decade, thousands of Hungarian farmers from here and across the border have been helping needy families year after year as part of the Bread of Magyars...
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Food supply is a national strategic issue
The crises of the past few years have shown that food supply and food self-determination is a national strategic issue, and it is now clear that it is also a...
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Ahold Delhaize doubles presence in Romania
Ahold Delhaize is doubling its footprint in Romania with the acquisition of local player Profi Rom Food, a former part of the Louis Delhaize group. The Dutch retail group has...
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Damage mitigation applications can be submitted until the end of November
As in previous years, applications for damage mitigation benefits after agricultural damage that occurred in the 2023 damage mitigation year can be submitted until November 30. In 2023, damaged producers...
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Nestlé launches range of plant-based alternatives to white fish
Nestlé has launched a range of plant-based alternatives to white fish to deliver more options for consumers. The products which are certified vegan, include alternatives to breaded fish fillets, nuggets,...
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Farmers receive help in the fight against the vole invasion
In addition to the autumn rainy weather, Nébih’s latest decision can also help protect against field voles, which are proliferating in an increasingly large area of the country. The authority...
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New Rules On Geographical Indications Will Protect Spirits Industry, Says spiritsEUROPE
The implementation of new rules for the EU’s Geographical Indications (GI) system in agricultural products and foodstuffs, wines and spirits will ensure ‘strong protection’ for the spirits industry, spiritsEUROPE has...
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Agrometeorology: the rainy weather favored the development of autumn-sown grain
The mild but often rainy weather of the past two weeks created favorable conditions for the early development of autumn-sown grains, the National Meteorological Service wrote in its agrometeorological analysis...
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According to KPMG, only every fourth company feels ESG-prepared
According to KPMG’s new ESG Certification Maturity Index*, 75 percent of companies worldwide feel they still have a long way to go before they are ready to certify their ESG...
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KSH: Sales prices in the food industry rose by 4.8 percent compared to a year earlier
In September of this year, industrial producer prices were on average 2.5 percent lower compared to a year earlier. Domestic sales prices increased by 7.8 percent, export sales decreased by...
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Eurostat: Inflation in the euro area moderated more than expected in October
In October, the annual inflation rate in the euro area moderated more strongly than expected by analysts – the statistical office of the European Union, Eurostat, announced on Tuesday as...
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Shopping tourism is booming, Hungarians spend abroad
In the second quarter of this year, Hungarians traveling abroad spent a total of HUF 338 billion during their travels, giving shopping tourism an additional impetus. More and more Hungarians...
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Wage increases and a new bonus system at McDonald’s in Hungary
Due to the challenging labor market situation and persistently high inflation, Progress Restaurant Network Kft. prioritizes the system of wages and incentives in the McDonald’s restaurants it operates. In the...
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German retail sales decreased in September
In Germany, retail sales decreased in September, both monthly and year-on-year. The German statistics office, Destatis, said on Tuesday that retail sales fell by 0.8 percent in September compared to...
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Driving around Western Hungary to promote domestic food
This year the Coop Rally visited 5 counties in Western Hungary. The event, which took place on 13-14 September and was organised for the 17th time in 2023, attracted nearly 300 participants...
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It is still not too late to announce the agrotechnical operations/second sowings
Today, the Hungarian State Treasury will start preparing and sending out to customers the fifth round of information letters related to the 2023 unified application, and also the last one...
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The new agricultural and rural development tenders will start at the beginning of next year
The 2024 tender schedule for agricultural and rural development subsidies has been prepared, almost HUF 2,900 billion in resources are available to farmers, announced Agriculture Minister István Nagy on his...
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MATE’s training portfolio is expanding with the Master’s degree in Agricultural Technical Systems Engineering
The Hungarian University of Agricultural and Life Sciences will launch a new master’s degree in agricultural technical systems engineering in February 2024, to which you can enroll with a bachelor’s...
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The producer price of broiler chicken is almost 20 percent higher compared to the same period in 2022
According to AKI PÁIR data, the live weight producer price of slaughter chickens in Hungary rose by 20.2 percent to HUF 494.4/kg, and that of slaughter turkeys by 25.9 percent...
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Is the European meat tax coming? We summarize in four points why we should not fall for this simplistic narrative
The anti-meat narrative has gained strength again in Brussels. Recently, one of the chief scientific advisers of the European Commission spoke about his support for the introduction of a European...
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In heavily infected areas, anti-pox products can be used in conjunction with treatment, but in higher doses
The National Food Chain Safety Office (Nébih) amended the use permit of Pocok Tox MAX and Rodent Stop rodenticides in view of the serious pest situation affecting several regions of...
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Lidl Germany Aligns Prices Of Own-Brand Vegan Items With Meat Products
Lidl Germany is standardising the prices of its private-label SKUs under the Vemondo brand, to match with comparable items of animal origin. The move will see the majority of Vemondo products...
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