News and articles

Another famous Hungarian restaurant is closing

They can’t pay the bills, so the Paulus Wine Museum Restaurant in Mór will close at the end of August and presumably move to a new location. The famous restaurant...

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Grapes are more drought tolerant than corn

The heavy rain that came with the cold front a few days ago only slightly alleviated the problems caused by the drought. In Tokaj-Hegyalja, for example, ten times this amount...

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Brave New World – Video of the Day

Although we borrowed the title from Aldous Huxley’s almost hundred-year-old dystopia, we seriously think that the algae-based 100% degradable and even edible bottle could be part of a beautiful new...

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The “Opportunities in rural tourism” training will start in the fall

FATOSZ is once again launching its training, the purpose of which is professional preparation for novice village caterers and private individuals, small and micro-enterprises operating farms and farms as rural...

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Cereals returned from a six-month low on the stock exchange this week

The price of wheat increased, while that of corn and soybeans decreased. Chicago wheat futures rose on Thursday after earlier hitting a six-month low as participants awaited news on additional...

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Organic milk is no longer considered a premium product

The increase in the producer price reduced the gap between organic farming and the rest of the market. You can buy organic, organically grown milk 40% cheaper than before, which...

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GVH published a quick report on Hungarian market competition

The Economic Competition Authority (GVH) has published its Quick Report on Hungarian market competition summarizing the results of the first half of 2022. The national competition authority ensured the fairness...

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Although more are being sold, the increase in production costs is restraining the expansion of the sheep sector

The demand for live lambs in Europe has increased and sales prices have risen, this does not compensate for the additional costs of farmers, which were further increased by the...

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Despite the drought, a good sugar beet yield is expected in France

France’s largest sugar industry group, Tereos, has announced that it currently expects this year’s sugar beet yield to be above the five-year average despite the lack of rainfall. The largest...

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The situation of tourism companies has been deteriorating for two months now

The National Association of Tourism and Hospitality Employers (VIMOSZ) jointly with the Hungarian Tourism Association and GKI Gazdaságkutató Zrt. measures the expected development of the business cycle in tourism on...

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Spanish farmers fear that olive oil production could drop by a third

Farmers in southern Spain fear that this year’s extreme drought and successive heat waves could cut olive oil production in the world’s biggest producer by nearly a third in the...

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Professional association: seed shortage can be avoided by changing the law

Due to the lower yield averages and poorer quality caused by the extraordinary drought, the Ministry of Agriculture has introduced relaxations in the classification of eared seeds at the suggestion...

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Intersnack and SPAR provide meals for the patients of the Heim Pál Children’s Hospital

The manufacturer of Chio and Pom Bär products and SPAR Hungary donated more than HUF 4.1 million to the Heim Pál National Pediatric Institute. In the hospital, 600 portions of...

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Student workers are also needed in the fields of tourism, catering and agriculture

Students between the ages of 16 and 25 who are studying full-time, who are not currently employed, and who do not have a business relationship can register for the Summer...

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AM: the government’s goal is to further develop irrigation farming

Irrigation is a public interest, the basis of a safe food supply – stated Minister of Agriculture István Nagy in a video published on his social media page, in which...

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The Coca-Cola Foundation works with WWF for a sustainable future

WWF – worldwide and in Hungary – works, among other things, to protect rivers and wetlands. From the source of the Danube to the delta, concrete steps are taken in...

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Aldi retains cheapest supermarket title in UK

Aldi has been declared the UK’s cheapest supermarket for the second successive month by consumer watchdog Which?, undercutting Lidl by a mere £1.38 in an average shop. Customers at Aldi...

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A new supermarket opened in the SPAR network

A new SPAR store opened in Szigetszentmiklós with an investment of more than eight hundred million forints, It’s  a SPAR to Go unit, a modern sales area, energy-saving equipment with...

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Auchan is helping large families start school this year, too

On August 4, the National Association of Large Families (NOE) and Auchan will start their joint school supplies collection campaign. With the collection, which is already considered a tradition, they...

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Cosmetics industry reimagines packaging for sustainability reasons

Cosmetic packaging is experiencing a shift toward more interactive and environmentally sustainable packaging solutions amid increasingly stringent legislative and consumer pressure. PackagingInsights explores the latest trends in cosmetics packaging with experts from...

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Rossmann opened a new store in Budaörs

This is the third store of the drugstore chain, completely furnished according to the new German standard, in which reform foods and decor products are given more space, and in...

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A great number of catering units closed in the past couple of years – this may be the reason

Compared to 2019, there are 3,500 fewer catering establishments in Hungary. A third of the shops that were forced to close were operating in Budapest, the president of the Hungarian...

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Coca-Cola Europacific Partners Raises Full-Year Revenue

Coca-Cola Europacific Partners has said that it expects pro forma comparable revenue growth of 11% to 13% for the full year, up from its previous forecast of 8% to 10%. In...

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NAV found cold cuts and fruits delivered without refrigeration in the heatwave

The tax inspectors found more than six hundred kilograms of cold cuts, transported without refrigeration in the heatwave, in a van heading from Budapest to Nagykanizsa on the Somogy county...

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Beiersdorf Reports ‘Strong’ First Half, Consumer Sales Up 11.7%

Beiersdorf, the maker of Nivea, has reported a 10.5% increase in sales to €4.5 billion in the first half of its financial year, with its consumer business segment seeing sales up 11.7%....

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Magyar Élelmiszerbank Egyesület: in addition to Tesco, ALDI, METRO, Auchan, KFC, Lidl and PENNY have also become significant suppliers

In the first half of 2022, the Hungarian Food Bank Association saved and distributed 4 million kilograms of food to those in need. So far this year, 211,000 of our...

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New solutions are coming in the strategy of domestic companies

While the digital development of the economy and society is now in a critical place among the factors affecting the competitiveness of countries, our country usually only looks at the...

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European tourism has increased, and domestic hotels are doing well even with increased room prices

In the first five months of the year, Europe’s tourist traffic exceeded the previous year’s level by 350 percent, according to the latest data from the United Nations World Tourism...

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Tear-free food industry machine – Video of the day

Robotic onion cutting is more than spectacular....

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We can see a strong price increase at the meat counters in the near future

The pork consumption of Hungarians has changed significantly in recent decades: although after the change of regime, the pork and meat products preferred by consumers were partially replaced by products...

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