Events
Brewing may have begun in China nine thousand years ago
According to a new Chinese study, brewing began in China nine thousand years ago, a thousand years earlier than previously thought. Beer drinking was part of the ritual reverence for...
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Marked improvement in operating conditions amid strong demand conditions
August PMITM data from IHS Markit signalled a marked improvement in the health of the U.S. manufacturing sector. Although slightly softer than that seen in July, the expansion was supported...
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KSH: earnings increased in June
In June, both gross and net average earnings excluding benefits increased by 3.5 percent from a year before. Net earnings, taking into account discounts increased by 3.1 percent, the Central...
Read moreInvestments are on historical peak
The volume of investments rose to an unprecedented level in the second quarter, when 2,760 billion HUF worth of development was implemented in Hungary, Minister of Finance Varga Mihály said...
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Global coffee supplies may also be hampered by the Vietnamese lockdown
Vietnamese exporters fear that pandemic closures in Ho Chi Minh City could cause a serious disruption to the world’s coffee supply, telex.hu wrote after BBC. Vietnam is the second largest...
Read moreInflation reached a 13-year high in August in Germany
In Germany, the highest consumer price increase since July 2008 was measured in August this year. According to preliminary data from Destatis released on Monday, consumer prices rose 3.9 percent...
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Employment at peak, labour shortages return in several areas
The economic recovery following the virus crisis is noticeable in the labour market: according to the latest CSO data, employment at record levels and, based on whc group’s own experience,...
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The seedling program with the involvement of the smallest gardeners has been successfully completed
Two thousand kindergarteners got acquainted this year with the education of the landscape variety tomatoes thanks to the Ecological Agricultural Research Institute (ÖMKi), the Ovikert program and the Responsible Gastronomic...
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(HU) Uniós oltalmat kapott a Nagykunsági birspálinka
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AM: seed is the best in Hungary
The adaptability of plant varieties bred in Hungary under Hungarian climatic conditions is outstanding, which is a valuable property, and it is worth basing agricultural production on them, said Zsolt...
Read moreIstván Nagy, Minister of Agriculture: we can achieve the diversity and competitiveness of agriculture by exploiting the support opportunities
By exploiting the support opportunities, the diversity, stability and competitiveness of agriculture can be realized, said István Nagy, Minister of Agriculture, at the ceremony of the meat processing plant of...
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Digital Health Summit: Health digitalization in Hungary before explosion
Health digitalization is currently one of the hottest markets in the world, reaching $660 billion by 2025, from $175 billion in 2019 to $660 billion by 2025, according to experts....
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Analysts wage competition in a tight labor market also carries inflationary risks
In addition to the lifting of restrictions in the third wave and the recovery of the service sector, seasonal factors also helped achieve a historic employment level in July. However,...
Read moreBusinesses can continue to apply for the Hungarian Multi Program funding of one hundred billion forints
The government’s goal is 5.5 percent economic growth, so we are devoting more resources to the Hungarian Multi Program than ever before to help promising domestic businesses become large companies....
Read moreThe GDP of OECD member countries has still not reached pre-pandemic levels
Domestic product (GDP) in the 37 member states of the Organization for Economic Co-operation and Development (OECD) still did not reach pre-coronavirus levels, although economic growth accelerated in the second...
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The experience of the new energy labeling was summed up by the Association of Conscious Consumers
New energy efficiency labels came into effect in March, but these are less well known to consumers, so they don’t trust the new labels. For example, they are afraid of...
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Economic sentiment in the euro area and the EU deteriorated in August
The final value of the European Commission’s euro area economic sentiment index in August fell more than previously from the previous month’s peak. The EU sentiment index also declined. Economic...
Read moreThe Czech government no longer expects to close the stores
The Czech government no longer anticipates the need to restrict shops and services in the autumn as it did in previous waves of the coronavirus pandemic. “We don’t expect to...
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Drought threatens the livelihoods of 7 million farmers in Afghanistan
The Food and Agriculture Organization of the United Nations (FAO) has appealed for humanitarian assistance to be scaled up as Afghanistan continues to be hit hard by an ever-worsening drought...
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Compensation allowance for the self-employed can only be claimed for one month
Compensation for the self-employed can only be claimed for one month, which the government decided to introduce after the start of the wage support programmes in May. The essence of...
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Nine out of 10 of our Hungarians are seriously concerned about climate change
The anxiety of climate change is strongly present in the lives of Hungarians, and they are also striving to reduce their climate footprint on an individual level, according to a...
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GKI’s economic sentiment index continued to rise in August
After its big jump in April, GKI’s economic sentiment index was slowly rising in the sum-mer months. According to a survey conducted by GKI with the support of the EU,...
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KSH: the number of employees was 4.7 million in July
In July, the average monthly number of employees aged 15-74 was 4,704,000, the Central Statistical Office (KSH) announced on Friday. The figure is 12,000 more than in the previous month...
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The Eger Bull’s Blood Festival has opened
After the coronavirus pandemic, Hungarian vineyards and wineries need government assistance, which deserved support even in difficult times, and the Minister of Agriculture said at the opening of the 25th...
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The Hungarian melon is sufficient and of high quality
The Hungarian melon is of high quality. The production area has slightly decreased due to the pandemic, but its yield has increased, so it has plenty of access to the...
Read moreDecades low consumer sentiment in the United States
The University of Michigan’s consumer sentiment index for August in the United States is at a decade low. According to final data released on Friday, the University of Michigan consumer...
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(HU) Továbbra is lendületben az online piac: erős első félévet zártak a hazai webáruházak
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Unilever’s factory modernised with environmental considerations in mind
Unilever Magyarország Kft. completed the first round of modernisation at its Nyírbátor factory, where drug products are made. The company invested HUF 5 billion in the project that expanded the...
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HelloFresh to enter the Norwegian market
Meal kit company HelloFresh SE is entering the Norwegian market. Following the group’s successful launches in Sweden and Denmark, the Norwegian market – with approximately 2.5 million households – offers...
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Lucart doubles storage capacity and introduces innovative palletising robots
In July Lucart Kft.’s new, nearly 4,600m² warehouse opened, doubling the company’s storage capacity to approximately 10,000 pallets. The company also installed innovative palletising robots in its Nyergesújfalu facility. Managing...
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