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Russian industrial production growth accelerated in January

Russia’s statistics office said on Friday that industrial production rose 8.6 percent year-on-year in January, following a 6.1 percent increase in December. Industrial production in Russia increased by 5.3 percent...

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The age of mass deep-fake videos is a long way off, but marketing could already be revolutionized by artificial intelligence

From e-commerce to hybrid events to the automotive industry, video content has advanced in all segments, building customer relationships, presenting services, products or strengthening the corporate brand with outstanding results....

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Food supply is continuously provided in Hungary at the usual level

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It’s not just forklifts that need a driver’s license anymore

As the labour market demands of construction, trade and agriculture have increased in recent years, there has been an increase in demand for workers who have the knowledge and certificate...

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Nébih: Fire bans have been imposed in several counties

Due to the rainy weather, from Saturday the authority will impose a fire ban in Nógrád County, Szabolcs-Szatmár-Bereg County and Hajdú-Bihar County, and the previously imposed ban will also be...

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Eggs are much more expensive than last Easter

According to PÁIR data from the Research Institute of Agricultural Economics (AKI), in December 2021 the production price of raw milk was HUF 124.65/kg, 4 percent more than in November...

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Kraft Heinz acquires majority stake in Just Spices

Kraft Heinz announced to have completed the acquisition of an 85-percent stake in the Germany-based Just Spices GmbH. The remaining 15 percent are retained by the three founders. Just Spices...

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The Hungarian countryside receives special resources

The government has set itself the goal of supporting hungarian small producers, primary producers and food producers, Norbert Erdős, State Secretary for Food Chain Supervision at the Ministry of Agriculture...

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Liu brothers returning from Beijing Olympics present winners of first Winter Holy King Talent Program

Young talents of short-track speed skating and figure skating were awarded at the announcement of the results of the first Winter Szent királyi Talent Program, which was established with the...

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Advertising market overview: public space is at least as strong as social media

Public advertising is already competing for consumers’ attention from the same position as social media or the Internet, according to a nationally representative survey by JCDecaux Hungary[1], which examined the...

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Companies’ ability to generate income improves

Executive Summary Strong cash balances (EUR690bn above pre-crisis levels in the Eurozone and more than USD765bn in the US), as well as rising profitability and capex, are cushioning most US...

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FirstFarms Hungary Ltd.’s 8 billion HUF investment has started in Békés County

The foundation stone of the 8 billion HUF investment of FirstFarms Hungary Ltd. was laid in Pusztaföldvár in Békés County on Thursday. The Danish-owned company received almost HUF 2.5 billion...

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Századvég: after two years, the corporate economic activity turned positive again

For both the population and businesses, the sense of economic activity improved: it increased from minus 2.2 to minus 1.9 for the population and from minus 0.1 to plus 0.5...

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OECD: G20 trade growth accelerates in fourth quarter

In the fourth quarter, the seasonally adjusted growth rate of commodity trade in the world’s 20 largest developed and emerging global economic powerhouses accelerated in dollar terms. The high price...

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Magazine: Restructuring affects more sectors

In December 2021 Ipsos did an online survey with 2,545 respondents from Hungary, Austria, Slovakia and the Czech Republic (the respondents were minimum 16 years old). Digital daily life Only...

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AM aims to increase competitiveness and added value by supporting dairy farms

The market demand for milk and dairy products is becoming more and more important, and milk production has a perspective in the coming years as well – said the State...

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Hungarian egg producers are asking for the support of traders

Hungarian egg producers and egg packers are asking distributors and traders to take part in maintaining Hungarian egg production, the Poultry Product Council told MTI on Wednesday. The advocacy urges...

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KSH: earnings continued to grow

In December last year, the gross and net average earnings of full-time employees, excluding benefits, increased by 9.7 percent year-on-year. The average gross earnings were 494,800 HUF, excluding public employees,...

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58 percent of Hungarians pay with their card at the store on a daily basis

58 percent of Hungarian banking customers use their card on a daily basis for in-store payments, and 72 percent of those surveyed pay this way several times a month, Mastercard...

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GfK’s German consumer sentiment index deteriorated in March

Instead of the expected improvement, GfK’s German consumer sentiment index fell to its lowest level since June last year, mainly due to a decline in the measure of personal income....

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Inflation in the euro area was at a record high in January

Euro area inflation accelerated to a record high in January, while core inflation was the lowest in three months. The European Union’s statistical office, Eurostat, announced on Wednesday that consumer...

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Attila Chikán Jr. was re-elected president of BCSDH

The Hungarian Business Council for Sustainable Development (BCSDH) has elected a new leadership for another three-year term. During attila Chikán Jr.’s six-year presidency, 50 new companies joined the organization, so...

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Hungarian pork is offered by hungarian chains

Three Hungarian retail chains, CBA, COOP and REÁL, are also standing up for the domestic pig sector, therefore they will continue to offer fresh pork from Hungarian production in their...

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More and more women are interested in logistics training

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ITM: Food price stop – problems occur rarely when reducing prices

Of the approximately 800 on-site and online inspections, problems were detected in just over sixty times by government officials. Most often, there was a problem with pricing thirty-seven times, with...

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The first month of 2022 brought a great wave of liquidations among Hungarian companies

As in previous years, in January 2022, entrepreneurs decided en masse to close their companies, and in the first month of the year 1762 liquidation procedures were published. It is...

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Feldman: the EU to ban the promotion of red meat and wines is unacceptable

The Secretary of State for Agriculture and Rural Development in the Ministry of Agriculture called the European Commission’s ban on the promotion of red meat and wines unacceptable on Monday....

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(HU) Öthavi csúcson az ifo februári német üzleti hangulatindexe

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Record growth in the European organic market for decades

The largest market expansion in Europe in the last decade is shown by the retail sales of organic products. Globally, the European Union has already been the second largest single...

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The Ministry of Agriculture is also protecting Hungarian consumers and pig farmers with increased official action

The Ministry of Agriculture has ordered a national target audit focusing on the quality and traceability of foreign products with immediate effect. The aim of the action is to protect...

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