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FAO Food Price Index declines in May
The benchmark index of international food commodity prices declined in May amid significant drops in quotations for most cereals, vegetable oils and dairy products, the Food and Agriculture Organization of...
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István Nagy: the most important goal of the government is to strengthen the Hungarian economy
Strengthening the Hungarian economy, protecting families and jobs is the most important goal of the government – Minister of Agriculture István Nagy declared on Saturday at the handover ceremony of...
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In May, food inflation in the Eurozone slowed on an annual basis
In May, inflation slowed down in the euro area on an annual basis, the statistical office of the European Union announced on Thursday. According to Eurostat’s preliminary data, inflation in...
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A record amount is available for the development of agriculture
In connection with the payment of subsidies awarded in the Rural Development Program, the Hungarian budget provides 750 billion forints this year, of which 386 billion forints have already been...
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These savings can escape the new 13% tax
The decree as the basis of personal income tax on interest income refers to the amount taken into account. However, based on the Social Security Act, personal income tax does...
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GFM: the number of registered job seekers has never been so low
Despite the war times, in the last 30 years, the number of registered job seekers in Hungary has never been as low as in May this year, the Ministry of...
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Action against climate change requires joint action
This week, the “EU AgriResearch Conference”, which is considered the largest gathering of agricultural research and innovation, was held in Brussels, focusing on the environmental dimension of research and development....
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According to the expert, the situation of road freight carriers worsened in the first quarter
There was a turnaround in road transport in the first quarter of this year due to the decrease in consumption and investments after last year’s favorable year, said the president...
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Information for dairy cattle, beef and sheep farmers
The database supporting the identification of animals on the electronic interface available for submitting the unified application has been updated, which helps the submission of animal-based support applications with better...
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Waitrose becomes first UK supermarket to offer refillable olive oil
Waitrose has become the first UK supermarket to sell a refill pouch for olive oil. The upmarket retailer will stock Citizens of Soil’s 500ml single estate extra virgin olive oil across...
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This year, the National Chamber of Agrárgazdasági Kamara is offering a membership fee discount of around HUF two billion
On June 1, 2023, the membership fee determination period at the National Chamber of Agrarian Economy (NAK) began. Pursuant to the decision of the national assembly of delegates of the...
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Pringles Invests €100m In New Carton Potato Chip Packaging
Kellogg-owned Pringles has invested €100 million in the development of new fully recyclable packaging for its popular potato chips. The fully-recyclable paper tube was designed in the company’s Mechelen R&D...
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Spanish strawberry growers slam campaign for German supermarket boycott
Spanish strawberry growers on Wednesday criticised a German consumer campaign calling for supermarkets to boycott berries grown near Spain’s Donana wetland, which is under threat from climate change and illegal...
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Hungary joins the European campaign to stop African swine fever (#StopASF)
The European Food Safety Authority (EFSA) is also supporting the fight against African swine fever (ASP) with a European-level campaign in 2023. Now in its fourth year, the #StopASF (#StopAfricanSwineFever...
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Most student workers work in logistics and trade
According to the Prohuman Diákmunka school association, the average hourly wages of student workers are between HUF 1,700 and HUF 2,000 this year, but in priority areas, you can earn...
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In the event of a disaster, vending machines offering free food and drinks have been installed in Japan
In the event of an earthquake or typhoon, vending machines offering free food have been put into operation in preparation for natural disasters in Ako, one of Japan’s coastal cities...
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Taxes on extra profits will remain, and the population can also pay taxes on savings
There was a flurry of government decrees last night. The government is not abolishing the extra profit taxes introduced in the summer of 2022, but only halving the tax obligations...
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Márton Nagy: the mandatory promotion and price reduction of food has started
From June 1, the mandatory sales in commercial stores began to reduce the increased food prices due to the war and sanctions. This is another government measure to protect Hungarian...
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GKI: A korábbi laza költségvetések árát fizetjük meg most
Government spending in recent years was initially aimed at mitigating the harmful economic effects of the COVID-19 epidemic, and then the stated goal became the forced acceleration of growth. If...
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From today, the SPAR group awaits its customers with more than 700 discount offers, and the price of 300 products is frozen within the framework of the SPAR ÁRSTOP Extra Promotion
A government decree obliges food retail stores with a sales revenue exceeding one billion forints in 2021 to introduce a weekly discount of 10% in twenty product groups between June...
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The biggest challenge is finding the right colleagues! An interview with Darren Darwin, general manager of Hard Rock Hotel Budapest (X)
It was a little less than a year ago that the legendary Hard Rock hotel chain opened its first hotel in Central and Eastern Europe, in the heart of the...
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BMI: Moderate expansion in May
The seasonally adjusted May value of the Purchasing Manager Index (BMI): 57.1. Compared to the previous May values, this year’s value is higher than the long-term average for this month...
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We are one big step closer to the circular economy
As of July 1, the environmental protection product fee and extended producer responsibility system will be transformed in such a way that polluters will pay more for the removal, treatment,...
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Nébih: the manufacturer Sondey has recalled corn thalers
Due to the presence of unauthorized pesticide residues (chlorpyrifos), the manufacturer Good Food Products has recalled the 105 gram Sondey Corn Flakes amaranth and the 105 gram Sondey Corn Flakes...
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K&H: Family companies are on a moderate growth path
More than half of family companies are experiencing the current economic situation more severely than the coronavirus epidemic. The mood is even more gloomy in the entire large corporate sector,...
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From now on, applications can also be submitted for shortbread made with butter
The range of baked goods eligible for the KMÉ trademark has been expanded, and from now on, applications can also be submitted for shortbread made with butter. Producers of sweet...
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Lurpak faces shopper backlash after shrinking block of butter
Arla Foods butter brand, Lurpak is facing negative customer reactions as it has shrunk the size of a block of butter by 20%. The Danish brand has cut its 250g...
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AM: Hungarian-French relations must be further strengthened
Hungary is committed to strengthening Hungarian-French agricultural professional, political and commercial relations, according to a statement issued by the Ministry of Agriculture (AM) on Thursday, István Nagy, who received Claire...
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Online sales forecast for Germany tempered
Inflation and subdued consumer confidence are expected to dampen online spending in Germany, according to the latest announcement by Handelsverband Deutschland (HDE). In its HDE Online Monitor 2023, the retail...
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Penny Italia Acquires 16 Stores, Grows Presence In Rome
Penny Italia has concluded the acquisition of 16 stores from Gruppo Faranda (Tuodì and Fresco Market banners) and a Gruppo Pam franchise. Of this total, 13 outlets are located in...
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