Events
This year, the day of overconsumption fell on Thursday
This year, the day of overconsumption fell on Thursday: according to data from the Global Footprint Network, on August 1 this year, humanity’s consumption will exceed the level that the...
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According to preliminary estimates, there will be enough corn for domestic needs
Despite the crop-reducing effects of the drought, this year’s corn harvest can meet domestic needs, so imports are not expected to be necessary, according to preliminary data prepared by the...
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Podravka signs deal to buy Fortenova food and drink assets
Croatian food business Podravka has struck a deal to buy a clutch of food and drink companies from the local agri-food business Fortenova Group. The total value of the transaction is...
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The Samsung SmartThings platform was recognized with the ISO 27001 information security certificate
SmartThings, Samsung’s international connected living space platform, has obtained ISO/IEC 27001:2022 certification for the international standard for information security management systems (ISMS). The certification recognizes SmartThings’ achievements in information security...
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An epidemic of plague of small ruminants is spreading in Europe
Since July, an epidemic of plague of small ruminants (PPR) has been spreading in Greece and Romania. The appearance of PPR, which is considered one of the most contagious diseases...
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MÁV and the logistics profession have agreed on regular consultations
MÁV and the logistics industry have agreed on regular consultations so that carriers and principals can prepare in time for the restrictions expected due to the renovations, the Association of...
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KSH: The volume of exports of food, beverages and tobacco increased by 20 percent, while imports increased by 6.6 percent
In May, the product foreign trade surplus was 1.0 billion euros, the balance worsened by 218 million euros compared to a year earlier. Compared to April, the adjusted volume of...
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The seasonally adjusted July value of the Purchasing Manager Index (BMI): 49.2
The seasonally adjusted July value of the Purchasing Manager Index (BMI): 49.2. Compared to the previous July values, this year’s value is lower than the long-term average for this month...
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The performance of the manufacturing industry in the euro area also decreased in July
In July, the performance of the manufacturing industry in the euro area decreased to the same extent as the previous month, based on the Purchasing Managers’ Index (BMI) of London’s...
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Gábor Gál will be a member of the GVH Competition Council for another six years
On the recommendation of Balázs Csaba Rigó, the President of the Economic Competition Office, the President of the Republic Tamás Sulyok appointed Gábor Gál – after the termination of his...
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There will be a decisive vote in Terézváros about Airbnb
A decisive vote will be held on the short-term apartment rental, Airbnb, in Budapest VI in September. district – the Terézváros municipality informed MTI on Thursday. According to their statement,...
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Farmers bought 65 percent more pesticides
In the case of plant protection products, 2024. IV–VI. based on monthly data, farmers bought 65 percent more of the observed products than in the same period a year earlier....
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17% Swiss online stores offer free delivery
Of the 47 biggest online stores in Switzerland, only 17 percent offer free shipping this year. A majority of 64 percent offers free shipping above a threshold value. Another 19...
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Primark continues U.S. growth, enters new state
Fashion and home goods retailer Primark is entering a new market in the Midwest. The retailer plans to open its first store in Michigan later this year in a northern...
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Agrometeorology: the drought is getting worse
The summer crops would have needed a lot of rainfall in the past week, a large part of Hungary is experiencing a high degree of increasing drought. Maize and sunflower...
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Nestlé Germany sources green electricity from German plants
Since July, Nestlé Germany has been purchasing electricity from German photovoltaic and wind power plants via the BKW Group, an energy and infrastructure company based in Bern. Nestlé aims to...
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Requests immediate notification from sheep and goat keepers in case of suspected Nébih ppr
Sheep and goat farmers must immediately notify veterinarians and the animal health authority if they see signs of plague of small ruminants (peste des petits ruminants, ppr) in their herds...
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The latest newsletter of Hungarian Dietitians is about the cooling delicacies of summer
The yearbook of the tax authority was also published this year, which points to many trends. We can learn, for example, that while the tax authorities believe more and more...
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KSH: industrial producer prices in June 2024 rose by 2.7 percent compared to a year earlier and by 1.5 percent compared to the previous month
In June 2024, industrial producer prices were on average 2.7 percent higher compared to a year earlier. Domestic sales prices decreased by 0.2 percent, export sales increased by 4.2 percent,...
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On August 1, the AI Act, the first artificial intelligence regulation, comes into force
On August 1, the regulation of the European Union regulating artificial intelligence, the so-called AI Act, comes into force. The legislation will have to be applied gradually, in several steps,...
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A Hungarian manufactory won a gastronomic Oscar with its cinnamon-apple snail
The Bonbonier Chocolate Manufaktúra bakery won a star at the Great Taste Awards, also known as the gastronomic Oscar, with its snails rolled in puff pastry, made with caramelized cinnamon...
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Tank beer is becoming more and more popular here
Tank beer, which has a strong tradition among the Czechs, is already available in several places in Budapest, which provides an exceptional consumer experience in terms of its aroma, flavor...
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The melon consumption promotion campaign has started
Hungarian melons appeared in stores and markets earlier than usual, already at the end of June, and it is expected that the popular summer fruit will be available until the...
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iBanFirst analysis: What is the risk of the devaluation of the dollar and its impact on Hungarian companies interested in international trade
Donald Trump, J.D. Vance, along with his vice presidential candidate, has repeatedly expressed his opposition to the strong US dollar, advocating its devaluation in order to boost US exports and...
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German inflation accelerated in July
Inflation in Germany accelerated in July, according to a Tuesday report based on preliminary data by the German Federal Statistical Office, Destatis. In July, the consumer price index was 2.3...
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Olive oil fraud ‘at record high in EU’
There were reportedly 50 potential cases in the first three months of this year, compared to just 15 in the first quarter of 2018. The Guardian newspaper, citing data released...
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Campari warns of impact of bad weather, agave contracts on margin
Italian spirits group Campari warned that its ability to expand gross margin this year would likely be impacted by “some temporary headwinds” after its first-half adjusted operating profit rose 2.1%...
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Groupe Casino Renews Partnership With TotalEnergies In France
Groupe Casino has extended its partnership with TotalEnergies in France for five years, effective 1 October 2024. The partnership between Casino and TotalEnergies dates back more than 20 years and...
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The average yield of apricots is outstanding
Among the fruits, cherry picking showed 99.7 percent readiness on July 16. The national average decreased by about 20 percent compared to last year, and was 5.3 tons/hectare. The yield...
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Márton Nagy: a “peace budget” is needed to restart the economy
Economic growth in the second quarter was lower than preliminary expectations, which can be attributed to external factors. The fundamentals of the Hungarian economy are stable and strong, the rebound...
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