Events

Carrefour Foundation invests in four Polish foodtech startups

Carrefour Foundation supports four Polish startups with a total amount of EUR 100,000. The companies working to reduce the environmental impact of nutrition may spend the money on product development,...

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Infarm to partner with Dutch online supermarket Crisp

The vertical farm company, Infarm partners with Dutch online supermarket Crisp for the sales of the entire range of its sustainable fresh herbs. The products will be supplied on demand...

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ALDI’s used cooking collection scheme goes nationwide

ALDI Magyarország expands its cooperation with Biofilter Környezetvédelmi Zrt. and will collect used cooking oil all over Hungary. The two parties started working together on this project in December 2020...

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Agriculture was not great last year

It can be said that the Hungarian economy has split in 2021, which is no better shown than the fact that, according to the KSH, growth reached 7.1 percent last...

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The practice of mass corporate ownership is evolving

There can be a myriad of real economic reasons why an entrepreneur decides that more companies are needed to serve their business processes. Today, it is practically natural for an...

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Almost 25,000 people visited the FeHoVa exhibition at Hungexpo

Almost 25,000 people visited the Hungexpo Budapest Congress and Exhibition Center for the 28th FeHoVa exhibition, the most important weapons, fishing and hunting event in the region, Hungexpo told MTI...

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The demand for organic products in Europe is growing exponentially

Demand for organic products is growing exponentially across Europe, to which production must adapt, the Research Institute for Organic Agriculture (ÖMKi) told MTI on Monday. The institution urged the expansion...

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Economic growth in the euro area accelerated in February

Economic growth in the euro area accelerated significantly more than expected, according to the preliminary value of the Purchasing Managers’ Index from the IHS Markit Economic Research Institute in London...

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Global market for ‘cultivated meat’ is on the rise

Scientists are trying to find a commercially viable way to transform animal stem cells into marbled steak or sushi-grade salmon. “We just cannot take for granted that what we eat...

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The Conference Board’s overall U.S. economic indicator deteriorated in January

Instead of the increase expected by analysts, the Conference U.S. Economic Research Institute’s overall U.S. economic index declined in January. According to the institute’s report released on Friday, the value...

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Farmers are already preparing to sow spring cereals

The spring seed marketing season is taking place. According to the Seed Association’s Interprofessional Organization and Product Council, farmers will soon be able to sow spring barley and oat seeds...

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European Stock Futures Higher on Ukraine Summit Hopes

European stock markets are expected to open cautiously higher Monday, helped by fresh hopes for a diplomatic solution to the tense situation on the Ukraine border. At 2 AM ET...

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KSH: last year corn was hit by the weather, wheat and barley production broke records

In 2021, a historic record harvest of barley and higher than ever yields from wheat were harvested. The summer heat has led to the lowest maize production in three decades,...

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German Producer Price Inflation Accelerates In January

Germany’s producer prices rose for a second month in a row and at a faster pace in January, figures from Destatis showed Friday. Producer prices increased 0.9 percent year-on-year after...

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The venture capital market broke records last year

Venture capitalists went hard in 2021. Data collected from a number of sources indicates that last year set venture capital records around the world. From dollars invested to deal volume,...

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Russia’s Ministry of Economic Development downgrades GDP growth forecast for this year

Russia’s Ministry of Economic Development has lowered its estimate of Russian GDP growth this year from 3.0 percent to 2.8 percent, Russian economic daily Vedomosti reported on Monday. According to...

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Brussels’ position on promotion programmes is unacceptable

It would be completely unacceptable and would set a dangerous precedent for the future if the European Commission banned the promotion of the consumption of agricultural products such as wines...

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Find MUCI! – Most Useful Creative Innovations

The Trade Marketing Club’s annual “My Love” conference featured interesting presentations on innovations in commerce from the retail, brand and research sides. The winners of this year’s university display design...

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Supply Disruptions Add to Inflation, Undermine Recovery in Europe

With supply constraints likely to persist, the challenge for policymakers is to support recovery without allowing high inflation to become entrenched. When countries asked people to stay at home to...

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MNB: household savings increased in the fourth quarter of last year

Households’ net financial savings amounted to 905 billion HUF, or 5.8 percent of GDP, in the fourth quarter of last year, compared to 111 billion HUF in the third quarter...

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Digitalisation is also essential to maintain the competitiveness of agriculture

The most important goal of the Digital Agrarian Strategy (DAS) is to put the most effective tools in the hands of producers in order to be able to meet the...

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Minister of Agriculture: farmers have already received 99 percent of the area support

The payment of the most important support entitlements for domestic producers is progressing at a good pace, the Minister of Agriculture Nagy István said in a statement issued by the...

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

Instead of the expected improvement, consumer confidence in the euro area and the European Union deteriorated in February. The European Commission said on Friday that the consumer confidence index had...

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At the economic year-end of the Hungarian Chamber of Commerce and Industry, Viktor Orbán also gave a speech

Prime Minister Viktor Orbán gave a presentation at the Economic Year 2022 economic policy forum organized by the Hungarian Chamber of Commerce and Industry on Saturday in the Rome hall...

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(HU) Durva időjárás köszönt az országra keddtől

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(HU) Varga Mihály ezt gondolja a következő évek legnagyobb gazdasági kihívásairól

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(HU) Kövér: a disznóvágás a magyar élet egyik ünnepe

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Mihály Varga: Hungary must be kept at the top of the EU growth rankings

In the coming years, Hungary must be kept at the top of the EU growth rankings in order to regain its pre-pandemic development advantage as soon as possible, the Minister...

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(HU) Öt éven belül duplázódik a csomagautomaták piaca

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Pig farmers receive extraordinary support

The Ministry of Agriculture will provide huf 4 billion in extraordinary support to pig skup holders, Minister of Agriculture István Nagy announced.  In order for the sector’s survival in the...

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