News and articles
Challenges in the Hungarian Wine Industry: An In-Depth Analysis of the 2023 Fiscal Year
The Hungarian wine industry, facing years of declining sales, increased administrative burdens, and rising costs, has been unable to implement price increases effectively. As of the May 31 deadline for...
Read more
Dreamy – sonorous headline, or does it really exist?
In a dream workplace, we feel good most of the time, we are valued financially and professionally, we are entrusted with tasks that match our abilities, and our personal life...
Read more
Salt Budapest won the Restaurant of the Year award
Salt Budapest won the Audi – Dining Guide Restaurant of the Year award, considered one of the most prestigious accolades of Hungarian gastronomy, at the award ceremony held in Budapest...
Read more
Shein is preparing for the London Stock Exchange, America would ban them
Chinese online fashion retailer Shein plans to list on the London Stock Exchange (LSE) after the US political environment would be hostile to the company’s New York IPO. Shein, which...
Read more
A new manager was appointed to head the Continental factory in Makó
From June 1, 2024, József Hrubi will perform the management duties of the Makó factory unit of ContiTech Fluid Automotive Hungária Kft., a member of the Continental company group. The...
Read more
In the first quarter, the number of pigs slaughtered in slaughterhouses increased
1,160,000 pigs were slaughtered at Hungarian slaughterhouses in the first quarter of 2024, 6.2 percent more (+67,000 pigs) than in January-March 2023. The total live weight of slaughtered animals was...
Read more
Information about changes in direct area-based subsidies during the year
The Ministry of Agriculture informs agricultural producers and the relevant contributors that several regulations affecting the direct support entitlements of the Common Agricultural Policy are already changing favorably for producers...
Read more
Another travel agency pulled down the shutter
Beontrips Kft., a well-known travel organization and intermediary company, announced that it went bankrupt and at the same time suspended its activities. The Budapest Capital Government Office has already removed...
Read more
An efficient, innovative and competitive dairy industry is needed
The time has come to develop the domestic dairy industry, we need investments that improve efficiency and increase the competitiveness of the sector’s players. The goal is to regain the domestic...
Read more
Tesco tattoos avocados to reduce environmental impact
Tesco is replacing the stickers on its extra-large avocados with barcodes drawn on by lasers in a bid to limits its environmental impact. The trial with the UK’s main avocado...
Read more
Significant Hungarian involvement in international advertising self-regulation
The European Association of Self-Regulatory Organizations (EASA) has elected a new presidency. They elected an Irish president, Orla Towney, head of the Irish advertising self-regulatory organization (ASAI). ÖRT general secretary...
Read more
Business sentiment in German retail improved slightly in May
In May, the German retail industry business sentiment index of the ifo economic research institute of the University of Munich improved somewhat. Based on the results published on the website...
Read more
This year, student workers can expect a gross hourly wage of 1,500-2,500
Only a few more weeks and the summer vacation is here, which for thousands of students would mean cloudless freedom and study-free weekdays. But there are people who want to...
Read more
Registration for this year’s Summer Student Work Program has begun
Since 2013, the government has been announcing the Summer Student Work Program with unbroken success, for which eligible persons can apply for a HUF 3.8 billion budget this year –...
Read more
Composts and peat moss sold the most
Among the observed yield-enhancing categories, producers purchased the largest quantities of various composts and peat. This accounted for three quarters of the total sales examined. In second place, based on...
Read more
Price Difference Between Organic And Conventional Food Narrows, Study Finds
The price difference between organic and conventional food items has reduced from 63% to 48% over the past five years in the Netherlands, according to a new survey by the...
Read more
Tesco recalls red beans
Due to pesticide residue levels exceeding the limit, Tesco-Global Zrt. has recalled the 500 gram TS red kidney beans from the market, the National Food Chain Safety Office (Nébih) reported...
Read more
Hungarian milk production has reached the forefront of Europe
Domestic milk production reached the forefront of Europe by renewing the technological background;based on sales and employment, the dairy industry is one of the largest and increasingly important sectors of...
Read more
Valio planning to invest €60m in Finland cheese facility
Valio said, the investment is intended to replace the current manufacturing apparatus, which has reached the end of its technical service life. Finnish food major Valio has announced plans to...
Read more
The gross production value of the bread and fresh bakery sector increased the most in 2023
44 percent of the enterprises designated for data collection complied with their obligation to provide data. At the time of data collection, these food industry enterprises indicated the achievement of...
Read more
Recent research: Hungarians buy these household appliances
Hungarians are extremely price-sensitive when it comes to buying household appliances: they only buy new ones if the old one is broken, and the most important factors when buying are...
Read more
A little wow experience in a Swiss cafe – Picture of the day
A unique, simple, relatively inexpensive and hard-to-forget promotional idea....
Read more
No surprises? Yes, there are!
At first glance not much has changed in the top 10 since last year, but a closer look at the numbers will reveal a thing or two… This article is...
Read more
Hungarian meat industry companies performed quite well
According to the summary of the Agrárszektor, the results of Hungarian meat industry companies in 2023 showed significant differences. Some larger companies, such as Kometa 99 Zrt. and Pick Szeged,...
Read more
Bread may become even more expensive
The Hungarian government’s plans to expand the manufacturing industry are only on the drawing board, while the bread business, which is the link between agriculture, its retail trade and the...
Read more
Euro zone inflation rose to 2.6 percent in May
Eurozone inflation was higher than the 2.5 percent expected by analysts, at 2.6 percent in May, exceeding April’s 2.4 percent, Eurostat, the statistical office of the European Union, announced as...
Read more
NAK – FruitVeb: from the beginning of June, even more cherries will be on the market
Thanks to the early varieties, the cherry season started early, but a larger quantity can be expected on the domestic market from the beginning of June – the National Chamber...
Read more
Tej Terméktanács once again celebrates World Milk Day with a nationwide prize draw
Due to the versatility and nutritious properties of dairy products, we have been celebrating World Milk Day every year for 49 years*. The celebration of milk and dairy products cannot...
Read more