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The food industry is booming

Hungary’s food industry has faced numerous difficulties in recent years, but thanks to the solid foundations, it is showing an improving trend in terms of efficiency and profitability, stated Dr....

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Energy emergency: the refrigerator consumes the most electricity

Five out of ten Hungarians cannot calculate the additional costs of operating household appliances in their homes in the future, even though 40 percent will pay up to HUF 30,000...

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Cyber threats have increased significantly

The number of cyber-attacks has increased significantly, and new types of threats have emerged that pose a particularly high risk to financial service providers. With 70 years of experience in...

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The SIMA exhibition in Paris will be held again in November

November 6-10, 2022 The SIMA international trade fair will be held again in Paris between The exhibition is intended to present efficient and sustainable agricultural solutions and technologies, which celebrates...

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Barna Tánczos: farmers perform the most important public service in protecting the environment

According to Barna Tánczos, the Minister of Environment, Water and Forestry of the Romanian government, farmers provide the most important public service for the protection of the environment. The politician...

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What’s the secret of the Huncut Szilva Herceg, Hungary’s Cake 2022? (x)

Once again, Debic products are used in Hungary’s Cake: the original recipe for the cake, fancyly named Huncut Szilva Herceg, includes Debic 32% cream and Debic Traditional Butter. We asked...

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There are 35 items that are cheaper than at this time last year: the Tunisian vacation is among them

There are only 35 items, out of the 927 items collected from the KSH sample, that were cheaper this August than a year earlier. Among the foodstuffs, parsley root costs...

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Kifli.hu also achieved outstanding results in the slowing market

Based on the first half-year report of GKID, the entire online daily consumer goods market increased by 13.3 percent compared to the same period of the previous year, and Kifli.hu...

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István Kapitány: The “journey” is what matters in a career

Trade magazin’s Business Podcast, Future Talks with Szilvia Krizsó continues A career isn’t about positions, it is the “journey” that matters – says István Kapitány, Shell’s global executive vice president...

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Barry Callebaut to continue production in Belgian factory

In early August Barry Callebaut restarted production in its chocolate factory Belgium. The chocolate maker stopped manufacturing at the end of June, after discovering salmonella in a production lot. Lecithin...

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In Europe, lower crop yields are expected due to the summer drought

The extremely dry and hot weather that characterizes most of Europe in summer basically determines the expected crop yields: lower crop yields are also expected from corn and sunflower, according...

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A plastic recycling plant was handed over in Herend

A recycling plant was handed over in Jágerpark in Herend, in the new plant, granules are produced from agricultural plastic waste, which is used as a raw material for the...

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The Hungarian wine industry is getting stronger

All of the country’s features are suitable for producing high-quality wines from the excellent Hungarian grapes – said Dr. Márton Nobilis, the Secretary of State responsible for the food industry...

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KSH: it has been a long time since unemployment was this low

In August, the average number of employed persons aged 15-74 was 4,713,000, it remained above 4.7 million for the third month, and decreased by barely a thousand in one month....

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Profession.hu: fluctuation in the labor market is not always bad

The decision-making process of the HR profession has changed significantly in recent years, and changes in the economic environment typically affect the industry quickly and significantly. The epidemic situation, record...

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There is a serious problem with fruit and vegetable deliveries from Turkey

Spain’s LA UNIÓ urges the European Union to take action against vegetables and fruits from Turkey. According to LA UNIÓ de Llauradors i Ramaders, the Association of Agricultural Producers and...

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Learn what it takes to capture the green market opportunity at GfK’s free Sustainability webinar!

Get to know the five consumer segments driving the demand for sustainable brands.  Learn what it takes to earn their trust and capture the green market opportunity at GfK’s free...

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Multinational companies shared their experiences with guest workers

There is still a shortage of labor and professionals in Hungary. Unemployment is at an unprecedented low level, and the domestic labor force is almost completely exhausted. Thanks to the...

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The Vojvodina economic development program continues

Everyone is feeling the effects of the economic crisis affecting Europe and the world, as well as the war in Ukraine, despite this, the Hungarian government is determined to continue...

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S Group opens 100th e-charging point

Finnish retail chain S Group and its nationwide electric car charging network ABC opened its 100th charging station. In addition to this, nearly 100 ABC charging stations are under construction...

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Europe’s Vegetable Farmers Warn Of Shortages As Energy Crisis Bites

Across northern and western Europe, vegetable producers are contemplating halting their activities because of the financial hit from Europe’s energy crisis, further threatening food supplies. Surging power and gas prices...

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Robots could better assess child mental health

A study from the University of Cambridge used a humanoid robot to administer child mental health questionnaires. Research has found that the loss of in-person school due to the COVID-19 pandemic...

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Is the golden age of the economy over forever?

Brutal utility bills and store prices, rising loan rates, austerity, impending economic downturn. They are all phenomena that we hope were only triggered by random factors, such as the Russian...

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Opinions differ as to why bread is the most expensive in Hungary

The opposition links it to the prime minister, experts prefer to explain why the inflation of food, including bread, has shot up with the Russians’ war against Ukraine. Euronews discusses...

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Next year, the world economy as a whole may sink into recession

Players in the global corporate sector now see almost a half chance that the world economy will sink into recession in the next year, according to the September global survey...

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The good, the bad and the new

“In the summer of 2021 certain single-use plastics were banned in Hungary, but many partners interpreted the new law as it referred to all single-use plastic products.  This resulted in...

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According to the Hungarian Bakers’ Association, bread continues to become more expensive

In Hungary, the highest food inflation in the Union was measured in August compared to a year ago: bread, meat, cheese and many basic foodstuffs rose in price the most...

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The bill has arrived! – an Italian bar exclaimed

As with most companies in Europe, Italy also has serious problems managing energy prices that have increased several times. From large factories to small cafes, the owners are calculating whether...

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All Eyes On Amsterdam For The Consumer Goods Forum Sustainable Retail Summit

The Consumer Goods Forum Sustainable Retail Summit heads to Amsterdam on 26 to 28 October, focusing on collaborative actions to address today’s biggest sustainability and health challenges. Senior leaders from...

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Secretary General of the National Trade Association: the price cap can be a big problem

According to György Vámos, Secretary General of the National Trade Association, procurement prices – the transfer prices of the food industry – are rising even faster than consumer prices, which...

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