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The first summit of Hungarian wines begins on March 20
For the first time this year, the Agricultural Marketing Center is organizing an event aimed at promoting Hungarian wines called the Hungarian Wine Summit, the organization told MTI on Thursday....
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Retail companies would also employ refugees
Companies operating in the technical and food retail sectors would also employ refugees from Ukraine, companies in the area told MTI. According to a government decree issued on 7 March,...
Read moreThe Conference Board’s U.S. Macroeconomic Composite Index has improved
The economic outlook in the United States improved somewhat in February, according to a composite index calculated by the Conference Board’s Institute for U.S. Economic Research to summarize key macroeconomic...
Read moreFrench Agriculture Ministry warns of food crisis
French Agriculture and Food Minister Julien Denormandy has warned that the situation in Ukraine could trigger a global food crisis in 2022. Food problems in some countries could start as...
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Tesco and Ecumenical Relief Organization extend coupon fundraising for refugees in Ukraine
Tesco is extending its coupon fundraising campaign for the Ecumenical Relief Organization until 25 March to support the organisation’s humanitarian aid programme in Ukraine with the involvement of its customers....
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Confectionery manufacturers would like a strong Easter
There was a pandemic situation at last Easter too, but consumers didn’t really care about it: sales of Easter confectioneries increased by double-digit numbers in comparison with the previous Easter...
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(HU) Óvatosak a befektetők: esett a Mol-részvény, kapaszkodik vissza az OTP, de jött a célárcsökkentés
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Startups to rethink plastic: the third Startup Plastic Surgery accelerator program is launched
The application for the Startup Plastic Surgery program has been opened, which for the third time provides support to startups offering solutions to the environmental and health challenges caused by...
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Magazine: FMCG: First the pandemic, then the price increase
Some things go, others stay after the pandemic According to NielsenIQ’s Shopper Trends survey, 47 percent of Hungarians’ shopping trips are so-called big shops or restocking shopping trips – before...
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(HU) A profi vevői fókuszt erősíti megújuló stratégiájában a METRO
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The Takarék Group also assists grain growers with financing and professional materials
The Takarék Group and the National Association of Cereal Growers (GOSZ) have renewed their strategic cooperation to jointly support farmers in adapting to the cost of fertilizer and rising production...
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Eurozone inflation hit another record high in February
The eurozone’s annual inflation rate rose to a new record 5.9 percent in February this year from 5.1 percent in January, the European Union’s statistical office Eurostat said on Thursday....
Read moreOECD: the crisis could take more than 1 percentage point of the global economy’s growth this year
The war in Ukraine could take more than a percentage point of the world’s economic growth this year and drop inflation by two and a percentage point. In its first...
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AM: tillage machine is a combination of common sense and technology
We are living in a period of technological revolution on the regulatory, environmental and market side. From time to time we have to find good solutions for economical production, even...
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AM State Secretary: The area covered with wood is constantly growing in Hungary
The area covered by forests, wood and shrubs is continuously increasing in Hungary, and its share is already 25.4 percent, according to the national forest inventory, the Minister of State...
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Lidl is challenging Aldi’s price leadership
Lidl is stepping up its challenge to Aldi’s price leadership in Germany, moving from reactive adjustments to a structured pricing strategy. By systematically cutting prices on high-inflation staples, the discounter...
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An abundance of prizes in the display design contest for students
POPAI Hungary organised its POPAI Student Design Awards competition for the third time. The event’s main sponsor was SPAR and its theme sponsor was PICK. University students studying design were...
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AM State Secretary: The area covered with wood is constantly growing in Hungary
This year’s government decree declared the expansion of mapei Kft.’s salt well factory to be a priority investment from the point of view of the national economy, and the company...
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Magazine: Self-knowledge is the most important skill in the 21st century
In the latest Future Talks podcast episode Szilvia Krizsó talked to Krisztián Steigervald, generations expert. The article features parts of the conversation that you can listen to at futuretalks.hu. –...
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Pigeon meat is becoming more and more sought
According to Barabás János, pigeon breeding expert interviewed by Agrárszektor, also mentioned that, although not in Hungary but abroad pigeon meat and its products are beginning to be recognized again....
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According to one analysis, labor shortages are still expected by most businesses
The majority of enterprises still expect a labor shortage, and according to most of them the situation will be even more serious – the Institute of Economics and Entrepreneurship of...
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Ukrainian wheat and corn production is at risk
Much of Ukraine’s grain exports could end this year, leading to serious food problems, according to agrarszektor.hu. ING Bank and the U.S. Department of Agriculture (USDA) estimate that Ukraine would...
Read moreChinese industry and retail sales grew significantly in the first two months of the year
Chinese industry and retail sales grew significantly in the first two months of the year, with growth rates well above analysts’ expectations. Industrial production rose 7.5 percent year-on-year in January-February...
Read moreU.S. retail sales increased in February
In the United States, retail sales grew moderately in February as lower prices were paid for other products due to higher fuel and food prices, and this will certainly be...
Read moreAt the end of February, 715,000 foreigners were working in the Czech Republic
At the end of February, at the start of the Russian attack on Ukraine, before the wave of migration began, a total of 714,529 foreign nationals worked in the Czech...
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Prepared domestic businesses can accumulate state subsidies
In addition to investment grants, a number of energy efficiency and R&D resources will be available to Hungarian companies in 2022, EY pointed out at its online event. Companies also...
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Auchan invests in the future: it gives new life to clothes
From mid-March, Auchan will take another revolutionary step towards sustainability by giving high-quality second-hand clothes a new chance. The company is building very consistently in this area, for example, it...
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Year of the Tiger – and struggles too
2022 is the Year of the Tiger and the astrologists say it will also be full of struggles, but luckily our efforts will bear fruit. Looking back on the last...
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OECD-FAO Agricultural Outlook presents production, consumption, trade and price trends for the coming decade
With less than 10 years until the 2030 deadline for achieving the UN Sustainable Development Goals (SDGs), governments need to step up their efforts to meet global food security and...
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Magazine: Future-resistant food industry: What does crypto mining have to do with stevia?
Rethinking is necessary Food futurist Júlia Dalmadi was the guest at the January 2022 meeting of the Chain Bridge Club. She told that there is growing demand for the food...
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