Other

Ministry of Agriculture: farmers can be exempted from their obligations if they suffer drought damage

Hungary is being hit by a drought on a historic scale, Hungarian farmers are helped by several previously created legal regulations in such a situation, the Ministry of Agriculture told...

Read more

Mihály Varga: it is favorable that Fitch Ratings confirmed Hungary’s rating despite the war crisis

It is good that Fitch Ratings has confirmed Hungary’s classification despite the war crisis and European recession fears, and continues to recommend Hungary for investment with a stable outlook –...

Read more

A scheduled irrigation schedule is established by the National Directorate General of Water

In order to deal with the drought situation, the National Water Directorate General (OVF) is creating a scheduled irrigation schedule in addition to technical interventions, and in order to eradicate...

Read more

Domestic food safety is still not in danger, according to experts

In addition to the high production costs and the uncertain economic environment, the drought is now making the situation of the producers more difficult, but food safety in Hungary is...

Read more

Want to save the planet? Eat protein from mushrooms and algea instead of red meat

Replacing just one fifth of the red meat we eat with microbial proteins derived from fungi or algae could reduce annual deforestation by a massive 56 % come 2050, according...

Read more

The export and import of live pigs also decreased

The situation in the Hungarian pig sector is becoming more and more serious. In the first four months of 2022 both the export and import of live pigs decreased significantly,...

Read more

Századvég: the war continues to leave its mark on the economy

Based on the July survey of the Századvég Konjunktúrakutató, the population’s and businesses’ sense of the economic situation both worsened: the population index, interpreted on a scale between minus 100...

Read more

The ECB raised the benchmark euro interest rate by 50 basis points

The Governing Council of the European Central Bank (ECB) decided on Thursday to raise all three key interest rates by 50 basis points and approved the new transmission protection instrument...

Read more

Nearly 29,000 farms are affected by the Dutch government’s plans to reduce nitrogen emissions

According to the calculations of the Dutch Ministry of Finance, 11,200 livestock farms would have to be closed and another 17,600 would have to reduce the number of animals they...

Read more

The growth rate of food prices will already exceed incomes this year

We will start to feel the effects of the war in food prices in the quarter of 2022, and the effects of the Covid crisis are currently still visible. Food...

Read more

Heatflation: How high temperatures drive up food prices

Soaring temperatures in Europe have impacted agricultural production and look set to have a knock-on effect on food costs. As warmer weather becomes the norm, will “heatflation” become a regular...

Read more

Sustainability and competitiveness are incentives for agriculture – a lesson learned from the CSR Afternoon

At the CSR Afternoon organized on July 19, 2022, CSR Hungary and Hipp Kft.’s event on social responsibility and sustainable agriculture, in Hanságliget, the focus was on sustainability and competitiveness...

Read more

Capgemini Research Institute: 34% of employees plan to leave their current job within a year

According to international research examining employee experience within companies, managers are overly optimistic about their employees’ job satisfaction. 28% of non-managerial employees claim that they feel comfortable at work, while...

Read more

New energy prices are challenging everyone

Although we knew this in advance, it still hurts now that we cannot maintain the level of energy prices moderated by utility cost reduction. However government does not release the...

Read more

An API provides real-time pollen count data globally

Around 22 per cent of the global population suffers from pollen allergies that can cause anything from day-to-day discomfort to chronic illness. Ambee, an India-based climate and environmental data provider, has...

Read more

How The Frozen Food Category Is Seeking To ‘Sustain Its Strength’ After COVID-19?

Like every sector of grocery retail, frozen food has been impacted by the looming threats posed by rising inflation affecting costs at every level, concerns over a strained supply chain,...

Read more

30 new Kulcs Quality Pharmacies waiting for customers across the country

At Kulcs Pharmacies, the biggest pharmacy transformation series of all time has reached a major milestone. In July 2022, the number of pharmacies that offer premium service, have earned the...

Read more

The speakers of the Free University analysed the slowdown in the economy, agricultural self-sufficiency and issues of minority rights

Speakers of the 31st Bálványosi Summer University and Student Camp held lectures on the expected economic recession, the importance of agricultural self-sufficiency, and the issue of minority rights in Tusnádfürdő...

Read more

LG joins board of Connectivity Standards Alliance

LG Electronics (LG) has joined the board of the Connectivity Standards Alliance, a leading global organization focused on the development, development and promotion of universal, open standards for the Internet...

Read more

This is the reason why there are problems with the sugar supply

Although there is currently no question of a nationwide and permanent sugar shortage in Hungary, according to the largest retail chains, many people really perceive it well, and in some...

Read more

KSH: GDP last year also exceeded the pre-pandemic level

Hungary’s gross domestic product (GDP) was higher last year than the year before the coronavirus pandemic, the Central Statistical Office (KSH) announced on Wednesday, in connection with its publication “Hungary,...

Read more

K&H: the number of young people with loans has decreased

The number of young people with loans has decreased in Hungary based on this year’s representative survey prepared for the youth index of K&H Bank, the bank informed MTI. According...

Read more

Nestlé To Develop Immunotherapies For Food Allergies

Biopharmaceutical company Enterome has signed a strategic R&D collaboration and license agreement with Nestlé Health Science targeting food allergies and inflammatory bowel disease (IBD). Enterome is a clinical stage biopharmaceutical company developing...

Read more

Consumer confidence in the euro area and the EU deteriorated in July

Consumer confidence in the euro area deteriorated more than expected in July. On Wednesday, the European Commission announced as preliminary data that the value of the consumer confidence index in...

Read more

This is Hungarians prepare for winter

There is gross inflation in Hungarian stores, and there is no end in sight. Not only the prices of basic foods have gone up, but fresh fruit and vegetables also...

Read more

The growth of Swiss watch exports slowed to 8.1 percent in June

Exports of Swiss watches in June this year increased by 8.1 percent, compared to a year before and amounted to 2.129 billion Swiss francs, the Swiss Watch Industry Association (FHS)...

Read more

ALDI overtaked LIDL in being the UK§s cheapest supermarket in June

Aldi has been named as the nations cheapest supermarket in the month of June, beating rival Lidl for the first time in seven months and saving customers over £25. According to the...

Read more

AM: extended control by Nébih in vineyards and large wineries

This year, a new element is being added to the vintage control program that started four years ago. In 2022, in addition to the usual inspections of vineyards and wineries...

Read more

Unilever cost cuts downsizes Magnum Multipack

Consumer goods company, Unilever has made the size of its Magnum multipacks smaller, as inflation continues to push up the price of grocery products. In a bid to mitigate these...

Read more

Coface reported a not very positive situation

In a short time, companies will be able to calculate the euro exchange rate above HUF 400 in their plans, which can throw up inflation. Although it has achieved one...

Read more
Oldal