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ITM: Hungary is at the forefront of EU consumer protection
Hungary is at the forefront of EU consumer protection, as evidenced by the fact that last year Hungarian consumer protection reported 171 high-risk dangerous products to the European Union’s non-food...
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Economist: A second wave could severely affect the European economy
If a possible second wave of the coronavirus pandemic were to be similar to the first, it would hit the European economy very hard, economist Halmai Péter emphasized on Tuesday...
Read moreIn May, retail sales in the Czech Republic were 2 percent higher
In May, retail sales in the Czech Republic were up two percent year-over-year, up 11.2 percent month-on-month, the Czech Statistical Office announced in Prague on Wednesday. It was two working...
Read moreEU forecast: A deeper economic recession is expected, with wider divergences between member states
Despite a rapid and comprehensive EU and Member State response, the European Union’s economy is plunging into a deep recession this year due to the coronavirus pandemic, and as emergency...
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This is the amount of money shopkeepers are making now
Stores are looking for far fewer sellers than before the epidemic, and they also absorbed the unemployed. In June, advertisements luring sellers and cashiers multiplied and continued in wages where...
Read moreLet’s eat vegetables and fruits with every meal today!
As part of the European Fresh Adventures Program, the National Chamber of Agriculture has announced its Fruit and Vegetable Day on 17 June 2020, today, encouraging everyone to eat vegetables,...
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Foodbank: a help to those in need
The difficulties caused by COVID-19 also affect the needy in Hungary in the long run. The protracted effects of the crisis are now being tackled together by government, the economy...
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Magazine: Going sugar-free is trendy
Pek-Snack Kft. appeared in the market with low-carb products in 2018. Marketing manager Katalin Nock-Vető said it takes time for products like this to become popular, but by now sales...
Read moreAn irrigation demonstration program will start in Mezőhegyes
A national irrigation pilot program will be launched on the 5,500-hectare area used by the Mezőhegyes stud farm, and the government will support the investment by 2022 with 8.5 billion...
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The epidemic does not cause a substantial shortage of poultry meat on the domestic market
The bird flu epidemic will not cause a substantial shortage of poultry meat in the domestic market this year, however, the situation in the sector has been aggravated by export...
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Activia’s new ad is aimed at Gen Z and Millennials
Danone North America unveiled a new commercial this week titled “A to Z”. The spot in the language of Generations Y and Z demonstrates that physical and mental health begins...
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Nagy István: The Ministry of Agriculture is preparing 25 billion for crisis management support
The Ministry of Agriculture has prepared a 25 billion HUF crisis management support program for the participants in agriculture and the food industry -Minister of Agriculture Nagy István announced on...
Read moreThe functioning of strategic sectors must be ensured
We got through the first stage of the coronavirus pandemic, how did the logistics profession go through this period? How difficult have foreign and domestic shipments become because of the...
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KATA: The planned changes would take the form of covert employment
The itemized tax on small tax enterprises (KATA) has enjoyed unbroken popularity since its introduction in 2013. Year after year, more and more people choose it due to favorable financial...
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AM: the preferential loan requested by farmers exceeds 54 billion HUF
About 3,000 farmers have already applied for preferential loans in the Agrár Széchenyi Card Plus scheme, which helps with working capital financing, worth more than 54 billion HUF, Feldman Zsolt,...
Read moreOpten: there are more than 10 thousand Hungarian companies with a turnover of 1 billion HUF
At present, more than 10 thousand companies are registered in Hungary, whose annual net sales exceed 1 billion HUF; and almost 7,000 of them are of full Hungarian interest –...
Read moreEuropean Commission: the number of notifications and actions on dangerous products has increased
The number of notifications and actions on dangerous products increased last year. The authorities of countries participating in the European Consumer Protection System reported more than 2,200 alerts and respondedto...
Read moreWe lived the same intense community life online as before the pandemic
We deal more with our parents, spend more money and look for new hobbies, or revive old ones if we have to stay at home – according to the METU...
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The coronavirus has also affected acquisitions and mergers badly
The acquisition and merger activity was also affected by the coronavirus pandemic, with the U.S. reporting a 83 percent drop in the value of reported transactions in the second quarter,...
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Podcast: Balázs Győrffy and Zoltán Harcz about the Hungarian dairy industry
A beszélgetés során többek közt elhangzott: · Három és fél éve 91-110 forint között mozog a tej felvásárlási ára, ami ugyan EU-szinten alacsony, de komoly stabilitást jelent. A hazai tejtermelés...
Read moreIn May, the turnover of retail stores decreased by 2.1 percent
According to the raw data, the volume of retail trade turnover decreased by 2.8 percent in May this year and by 2.1 percent, adjusted for calendar effects, compared to the...
Read moreMagosz cannot prepare for the EU’s Common Agricultural Policy
It is not possible to prepare for the European Union’s Common Agricultural Policy in one year, which must be developed in accordance with the new environmental regulations, ie the Green...
Read moreHarvesting has begun, a weaker-than-average yield is expected
Harvesting work has begun with the harvest of autumn barley. According to the preliminary estimates the weather is expected to result in a lower-than-average yield, with about 7 million tonnes...
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ITM Secretary of State: Until the end of August, four thousand companies will be eligible for support
By the end of August, nearly 4,000 companies will be able to receive their support in the tenders of the two programs of the Economic Protection Action Plan to help...
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It will be faster and easier to liquidate undivided common property
The abolition of undivided common property will be faster and easier from January – Nagy István, Minister of Agriculture told Kossuth radio on Monday. On Friday, without a vote against,...
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Amazon is expanding with different storetypes
There is a fierce competition in the U.S. in grocery retail. The online giant is also claiming a place in the physical space, as it has opened Amazon Go and...
Read moreThe German government opposes the relaxation of mask wearing rules
The federal government in Germany opposes the measure being considered by several provincial governments to withdraw the requirement to wear a mask in stores due to the coronavirus pandemic in...
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The coronavirus does not spread through meat products
Consumers do not have to be afraid of consuming meat products, the coronavirus does not spread through food, Magyar Nemzet Online quotes the resolution of the German Federal Risk Assessment...
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Sentix’s eurozone investor sentiment index improved less than expected in July
The Sentix Frankfurt Economic Research Institute’s eurozone investor sentiment index improved less than analysts expected in July, indicating that the eurozone is only slowly recovering from the deep recession caused...
Read moreFrom April to May, retail sales in Romania jumped sharply
The volume of retail sales in Romania increased by 18.5 percent in May compared to April, according to the adjusted value, the expansion was 20.2 percent, the Romanian National Statistical...
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