News and articles

Germany would ban the production of strawberries

Too much water is required for the production of strawberries, which is why the Minister of Environmental Protection in Lower Saxony would eventually ban it, along with several other water-intensive...

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Trenkwalder: The average hourly wage of manual workers increased by 19 percent in the second quarter

In the second quarter, the average gross hourly wage of skilled and trained workers performing physical work was HUF 1,853, which is a 19 percent increase compared to HUF 1,553...

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Electrolux closed the second quarter of this year with a loss

The Swedish household appliance manufacturer Electrolux AB closed the quarter ending at the end of June with a loss. The company reported on Thursday that it incurred a loss of...

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The price of agricultural land rose by almost 10 percent last year

The amounts to be paid for agricultural land in Hungary continued to rise in 2022, and the price increase accelerated to more than nine percent after 8.5 percent in 2021...

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LG presented a restaurant server robot

LG Electronics (LG) presented its latest intelligent server robot. The CLOi ServeBot (model LDLTR30) is suitable for any service activity, including restaurant serving. The LG CLOi ServeBot, which is fast...

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Lidl France Expresses Interest In Acquiring 600 Casino And Monoprix Stores

Lidl France is believed be interested in acquiring 600 stores operating under the Casino and Monoprix banners in the country, according to media reports. The discounter has sent a letter,...

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After the approval of the GVH, Mol took over the Szarvasi Biogas Plant

After the approval of the Economic Competition Authority (GVH), the Mol group took over the Szarvasi Biogázüzem. In May, the company concluded an agreement with BayWa AG on the purchase of...

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Inflation has made a difference to trade in organic products

High inflation has significantly changed the purchasing behaviour of customers for organic products. „People are still buying organic products, but at a lower price” Robert Kecskes, trade expert at market...

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Red Bull set a record at the Hungaroring

Defending title and two-time world champion Max Verstappen, the Dutch driver of Red Bull, won the 38th Formula 1 Hungarian Grand Prix at the Hungaroring on Sunday. It was the...

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Kraft Heinz to spend more than $400M to build Illinois distribution center, hire 150-plus workers

The 775,000-square-foot facility will allow the CPG giant to reduce its environmental footprint, boost supply chain efficiencies and ship its products faster. Kraft Heinz plans to spend more than $400...

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A foil tent heated with thermal water was built in Mezőkovácsháza

A foil tent heated with thermal water was built at the Mezőkovácsháza in Békés county with the support received from the economic revitalization program of the Ministry of the Interior,...

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LG’s new server robot – Video of the day

LG Electronics (LG) presented its latest intelligent server robot. The CLOi ServeBot (model LDLTR30) is suitable for any service activity, including restaurant serving. The fast and stable, self-controlled robot with...

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So that you can whistle better! – The picture of the day

You will be able to whistle well – our forefathers promised the children that they would eat the carrot. Seeing our pictures today, they could have said that it will...

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Fidelity: Net zero in 2030 seems unrealistic for most companies

A survey of Fidelity ESG analysts questions whether companies’ net-zero plans are sufficient. The answer is: not yet, and a greater concerted effort is needed. Additional funding, technological innovation and...

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What can we learn from the promotions of 2022?

Market researcher Kantar Hoffmann has done an exclusive focus group survey for Trade magazine, on what shoppers think about the promotions that entered the “Most successful promotion of the year”...

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A new executive at the head of Pek-Snack

From July 2023, Zoltán Novák will assume the position of managing director of Pek-Snack Kft. Zoltán came to the company from Mondelez International, where he spent more than 17 years...

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Sportswear made from recycled plastic waste from Lidl

Lidl has launched a new and environmentally friendly sports collection, which also offers an alternative to a more sustainable lifestyle. The special feature of sportswear is that recycled plastic waste...

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New business, new manager at Wolt

Új üzletág élére nevezett ki vezetőt a Wolt: Tausz Péter a dinamikusan fejlődő Wolt Drive magyarországi kiépítéséért és irányításáért felel. A jogász végzettségű szakember kutatói és vállalkozói háttérrel egyaránt rendelkezik,...

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MTÜ: almost 40 percent more pre-bookings for the weekend of the Hungarian Grand Prix

More than 150,000 pre-bookings were registered by the accommodation providers in the capital for the weekend of the Formula 1 Hungarian Grand Prix, which is almost 40 percent more than...

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Syngenta developed a digital application for hobby gardeners

Syngenta Hungary presented a new, free mobile application. The Garden and Home application provides professional help against pests and plant diseases that threaten gardens and households. The changing growing conditions,...

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The Lucart Group turned 70 years old

The Italian Lucart Group, present in Nyergesújfalu in our country, celebrated the 70th anniversary of its foundation in Lucca and at the same time published its latest Sustainability Report certified...

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Earth Day

Who says you can’t change the world? – this is the slogan of Earth Day, which has been held since 1970, and this is the attitude that the small team...

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Food self-sufficiency is a strategic issue

In the shadow of the war, food self-sufficiency is a strategic issue – stated Minister of Agriculture István Nagy at the round table discussion of the 32nd Bálványosi Summer Free...

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More companies had salary increases than planned at the beginning of the year

While wages were increased at eight out of ten companies last year, the willingness to raise wages has decreased in the 2023 plans: in January 2023, only six out of...

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Agrometeorology: corn would benefit from rain

There is a drought in many places in the Great Plain and in the north and south-east of Transdanubia, corn would need abundant rainfall for the formation and growth of...

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PepsiCo starts new sustainability platform for consumers

Pep+ Partners for Tomorrow is the name of a new sustainability platform by PepsiCo, which offers solutions that aim to support shoppers in achieving their sustainability goals. At the launch...

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K&H: the travel plans were upset by the lack of money

Travel options for Hungarians will be limited this year. The majority of the members of the 30-59 age group – 68 percent – do not plan a longer trip this...

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Merrill J Fernando, the founder of Dilmah Tea, has died at 93

The founder of Dilmah Tea, Merrill J Fernando, has died at the age of 93 surrounded by his family when he died in Colombo. Fernando, the man well known for...

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Nestlé Increases Local Sourcing In South Africa With New Processing Plant

Swiss food company Nestlé said it will be locally sourcing over 40% of raw materials for a new processing plant in South Africa to offset supply chain challenges and cut...

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The most important challenges facing the food industry in the Carpathian Basin

Currently, the food industry is one of the most important parts of agriculture, which could mean the future – declared Dr. Márton Nobilis, State Secretary of the Ministry of Agriculture responsible...

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