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The consortium led by Sole-Mizo develops special-purpose food and formula ingredients with support
The consortium led by Sole-Mizo Zrt. is developing milk protein-based, special-purpose food and formula ingredients with the use of HUF 996.44 million in non-reimbursable support from the European Union. In...
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Márton Nagy: we are on the right track in reducing inflation
As the government indicated in advance, inflation peaked in January, and in February it started to moderate, the Minister of Economic Development told Világgazdaság. According to Márton Nagy, all of...
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BKIK is putting together a package of recommendations on the management of repo loans
The Budapest Chamber of Commerce and Industry (BKIK) is putting together a professional self-regulatory package of recommendations for catering businesses to avoid mistakes related to the return of strong-walled reusable...
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The spring seasonal food chain inspection has started
From March 14, the national spring seasonal food chain inspection was ordered by dr. Márton Nobilis, State Secretary responsible for food industry and trade policy at the Ministry of Agriculture....
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The price of eggs would not go down if the price cap were introduced at the end of April
By Easter, thanks to the price cap, the average consumer price of eggs can be at a predictable level of HUF 90. Market participants do not expect a shortage, but...
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This year, the role of online sales in the food trade will continue to grow
The experts of DODO, which provides smart logistics services, expect a further increase in the proportion of online home orders within food purchases. According to the company’s own data, the...
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From now on, a regulation requires the reduction of the amount of greenhouse gases entering the air
At the plenary session in Strasbourg, the European Parliament adopted the revised rules of the joint commitment regulation, which obliges all member states to annually reduce the amount of greenhouse...
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The leaven of success in agriculture is the cooperation between sector players
We will keep our promises to the region that provides the backbone of the Hungarian nation, and we will launch unprecedented developments. All players in the sector know that “it’s...
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KSH: The production of food, beverages and tobacco products decreased by 12.2 percent
Production increased in some of the manufacturing subsectors, with the largest increase in the production of electrical equipment. Based on seasonally and working day-adjusted data, industrial output was 5.1 percent...
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Area-based additional support for young farmers in the new Common Agricultural Policy
The Ministry of Agriculture has issued information about the changes in area-based support for young farmers. In the new agricultural support system starting this year, area-based additional support for young...
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In Spain, food inflation accelerated in February
In Spain, the rise in consumer prices accelerated in February. The Spanish Statistics Office (INE) announced on Tuesday that instead of the 6.1 percent in the preliminary estimate, inflation rose...
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The agricultural logistics center in Jánoshalma was handed over
The agricultural logistics center opens up new opportunities and new paths not only for farmers, but also for the Hungarian food and processing industry – said the Minister of Agriculture...
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The decline in retail turnover moderated in the Czech Republic
In January, retail sales in the Czech Republic decreased by 7.7 percent, after 8.1 percent in December. The decline in the turnover of the Czech retail trade has thus been...
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The Croatian government presented its new package of measures to curb price increases
On Tuesday, the Croatian government presented its new package of measures aimed at curbing price increases, the total value of which is 1.7 billion euros (636.4 billion forints), and the...
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The spring seasonal food chain inspection has started
From March 14, the national spring seasonal food chain inspection was ordered by dr. Márton Nobilis, State Secretary responsible for food industry and trade policy at the Ministry of Agriculture....
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GLP has a real estate portfolio of almost 2.5 million square meters in Central Europe
GLP has doubled its portfolio in Central Europe in almost three years, so it has almost 2.5 million square meters of real estate in Poland, the Czech Republic, Slovakia and...
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Beyond the low point: domestic companies increase their headcount again in the second quarter
In the second quarter of 2023, 26 percent of domestic employers predict an increase in their current workforce, while 22 percent plan to reduce it. Headcount increases may take place...
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INPARK presents industrial properties at the real estate development exhibition in Cannes
INPARK will primarily present industrial properties at the Hungary-Budapest stand at MIPIM, one of the most important real estate development exhibitions in the world, which opens on Tuesday and will...
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The Continental Tobacco Group supports domestic tobacco cultivation by increasing the purchase price
The Continental Tobacco Industry Group is supporting domestic tobacco cultivation by increasing the basic tobacco purchase price, the company group told MTI on Tuesday. According to the announcement, DOFER Dohányfermentáló...
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The Continental Tobacco Industry Group is supporting the halting of the decline in domestic tobacco production by increasing the basic tobacco purchase price by 50%
DOFER Dohányfermentáló Zrt, a member of the Continental Tobacco Industry Group, implemented a 50 percent increase in the basic purchase price of tobacco to offset the increase in cost levels...
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Heineken Gets Final Nod On The Acquisition Of Distell
After having issued conditional approval, the South African Competition Tribunal has approved Heineken’s offer to acquire control of Distell Group Holdings Limited, paving the way for the creation of a...
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‘Withdrawal button in online stores undesirable’
Seventeen European trade organizations have recently published an open letter to the European Union to express their disapproval of a new withdrawal button. This button allows consumers to undo a...
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It is recommended for all producers to use agricultural insurance
Due to the more extreme weather affecting agriculture, it is worth taking out agricultural insurance to manage risks that complicate production, for which farmers can apply for support in the...
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SPAR, EUROSPAR To Invest €65m To Expand Network In Ireland
SPAR and EUROSPAR plan to add 60 new stores to their combined network in Ireland by 2025, taking the total number of stores across the country to 525. The project...
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Russian Foreign Affairs: The grain agreement was extended by 60 days
The grain agreement was extended by sixty days, Russian Deputy Foreign Minister Aleksandr Grusko told the TASZZSZ news agency on Tuesday. The agreement enabling the export of Ukrainian grain to...
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(HU) Egy illat előre eldönthet egy üzletet – Zólyomi Zsolt parfümőr a FutureTalks podcastban
Sorry, this entry is only available in HU....
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No major price reductions are expected in stores
In the catering industry, they have already fled bankruptcy before – Pénzcentrum learned from the Association of Hungarian Hotels and Restaurants. According to the Hungarian National Trade Association, the suppliers...
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Planned intralogistics processes as a long-term investment
While e-commerce volumes were growing steadily until two years ago, the pandemic shutdowns of 2020 and 2021 significantly accelerated the shift to online commerce and changed the world’s shopping habits....
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Unchecked, Ukrainian honey arrives at Hungarian extraction plants at dumping prices
The turnover of honey produced by domestic producers fell significantly last year, which not only puts beekeepers in a difficult situation, but also makes pollination in agriculture questionable in the...
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Consumer demand remained balanced, and Fitch upgraded its global economic growth forecast for this year
The international credit rating agency Fitch Ratings has upgraded its forecast for this year’s global economic growth, based on the positive impact of the lifting of Chinese coronavirus restrictions and...
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