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The forecast of GKI Economic Research Co. for 2023
GKI’s latest detailed forecast, in March, differed from the majority view, in particular in its assumption of a downturn this year and a slower decline in inflation, as well as...
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Márton Nagy: there is a consumption trap behind the growth slowdown
Marton Nagy, Minister of Economic Development, wants to debate whether it is worthwhile to reduce inflation to the previously targeted level. He believes that due to changes in the global...
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Aluminum has always been and will always be valuable!
What do the flagpoles left on the Moon in 1969 have in common, III. In Napoleon’s dinnerware, a jeans button and a drinks can? Surprising or not, its material. Aluminum...
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Insect powder in animal feed
Agroloop is expanding its black soldier fly larvae production and processing facility, which is located close to Budapest. In a circular model, the firm uses agricultural waste to feed fly...
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Lidl trials flexible full-time work model in Finland
According to the Confederation of Finnish Trade Unions, Lidl is testing a retail sector project on flexible full-time working in Finland. In Finland the share of part-time workers in the retail...
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Crisis support for Hungarian fish farmers
The recent rise in feed prices, the additional costs caused by the Russian-Ukrainian war and last year’s drought had such a serious impact on Hungarian fish production that the Ministry...
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Research: SMEs need more incentives to improve sustainability
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The National Chamber of Agrarian Economy prepared guidelines for the new regulation of domestic and agricultural wells
Pursuant to the amendment to the law adopted by the Parliament, household and agricultural irrigation wells established without a permit before January 1, 2024 and no deeper than 50 meters...
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The code of advertising ethics is being tightened at several points
The self-regulatory document of the advertising industry, which will enter into force at the end of the month, imposes new, sometimes even stricter requirements on advertisements than the current EU...
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The European Commission has approved the 77.1 million euros in Hungarian state agricultural subsidies
The European Commission approved that the Hungarian state provide 77.1 million euros (about HUF 29 billion) in support to agricultural, fishing and food industry enterprises in connection with the Russian...
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The beekeeping support program starts
The Ministry of Agriculture has announced this year’s support schemes to support the work of beekeepers with a resource budget of HUF 2.8 billion, which play a key role in...
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Ireland said to weigh the issue of reducing dairy cattle herd
To meet the EU’s climate targets, Ireland is considering reducing its dairy cattle herd by around 200,000 over the next three years. The proposal was raised in an internal document...
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The Alert and Cooperation Network summarized the year 2022
In 2022, more than 7,500 notifications were made by Member States through the Alert and Cooperation Network (ACN), but the RASFF system still has the highest number of notifications. Of the...
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Coca-Cola and Molson Coors come out with new “hard” ice tea
Molson Coors and Coca-Cola are launching a new drink as part of their partnership, called Peace Hard Tea. The 5% abv drink, which will make its debut in September 2023,...
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TikTok partners with Unilever for new global content series
Social media platform TikTok has partnered with global FMCG giant Unilever to celebrate the #CleanTok community of worldwide cleaning enthusiasts. As part of the partnership, TikTok will co-create and curate...
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Lidl Spain Creates 250 Jobs At Andalusia Logistics Facility
Lidl Spain has announced the launch of a new logistics platform in the Granada municipality of Escúzar. The warehouse is built on a plot of more than 132,000 square metres...
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Brussels must extend the ban on Ukrainian grain imports
The European Commission must act, it must extend the ban on the import of Ukrainian grain products even after September 15, as this is the only way to protect the...
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(HU) GKI: Júniusban év eleji szintre esett vissza a GKI konjunktúraindexe
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A beverage carton recycling plant was established in Poland
With a joint investment of about 29 million euros by Tetra Pak and Stora Enso, a new production line for the recycling of used beverage cartons will start operating in...
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The EU would prosecute large companies for the violations of their suppliers
The European Parliament has adopted its negotiating position on draft legislation that would make it mandatory for large EU companies to check whether their suppliers use child labor or damage...
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Experts forecast rapid growth for the vegan chocolate market
In the next nine years the dairy-free and vegan chocolate market is about to grow fast, way faster than classic dairy alternatives. This article is available for reading in Trade...
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Hungary fought for support for Hungarian farmers
It was possible to protect the interests of farmers, as the European Commission is supporting Hungarian producers with almost 16 million euros in order to deal with the market difficulties...
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Agricultural companies are also subject to ESG reporting – we show what to prepare for
Protecting environmental values is not only a requirement of regulators and consumers, but also the key to efficient operation due to high energy costs. However, with regard to measures for...
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Jan Linders to sell 10 stores to Jumbo, PLUS and Aldi
Dutch retail chain Jan Linders will sell 10 stores to Jumbo, Plus and Aldi. These stores don’t form part of its franchise partnership with Albert Heijn, and they are expected...
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Minister of Agriculture: the EU supports the producers of five EU countries with 100 million euros
The European Commission is supporting the producers of five EU member states with 100 million euros, who stood united to protect Europe’s internal markets from the negative effects caused by...
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Potato cultivation in Hargita County has dropped significantly
Fewer and fewer small producers are engaged in potato cultivation in Hargita County, so the area of potato fields has decreased significantly, said Zsolt Ronfeld, head of the Hargita County...
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GVH: The European Law Academy is holding an international seminar in Budapest
The European Law Academy (ERA) holds its two-day training in Budapest together with the Economic Competition Authority (GVH); the training seminar covers the topic of investigations and raids by the...
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The national chief veterinarian has abolished the mandatory confinement
Thanks to the favorable development of the epidemiological situation, Dr. National Chief Veterinarian Szabolcs Pásztor withdrew the regulation on keeping poultry indoors. It is important, however, that the obligation to...
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The EU proposes to mobilize 430 million EU funds to support the agricultural sector
The European Commission proposes to mobilize 430 million euros in EU funding for European agricultural producers affected by adverse climate phenomena, high input costs and various market and trade problems,...
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Lipton chills out with popsicles
While Lipton is best known for its tea, the beverage is entering the frozen treats aisle with popsicles. Lipton said its Pops of Sunshine — Green Tea Citrus and Peach...
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