News and articles
Analysts: Hungary’s labor market could be close to full employment
Hungary’s labor market could be close to full employment and the already significant labor shortage will cause even more serious headaches for companies as production chains recover and supply constraints...
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Ministry of Agriculture: the government will extend grain export measures
In order to supply livestock farmers with feed and to meet the food needs of the population, the government will extend the obligation to export cereals, oilseeds and protein crops...
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ITM: with the extension of the food price stop, on-site inspections will also continue
With the extension of the food price stop, on-site inspections will also continue, the Ministry of Innovation and Technology (ITM) told MTI on Friday. According to the statement, the government...
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The Vajda-Papír Group’s sales increased by 10 percent last year
The Vajda-Papír Group’s sales increased from 52 billion HUF to 57 billion HUF last year, the majority of the 10 percent increase in turnover was generated by Hungarian factories, and...
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Randstad LEGO was the most attractive Hungarian employer in Hungary in 2021
LEGO became the most attractive Hungarian employer in Hungary in 2021, last year’s winner Samsung now won a silver medal, and Mercedes-Benz defended its third place in Randstad Hungary’s ranking,...
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The University of Tokaj-Hegyalja has entered the international arena of viticulture research
The University of Tokaj-Hegyalja (THE) has entered the international arena in the field of viticulture research and education, the institution wrote in a statement sent to MTI on Friday. Pascale...
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Quarterly economic growth slowed in both the euro area and the EU
Quarterly economic growth slowed, but the annual pace accelerated in both the euro area and the EU in the first quarter, according to a preliminary report by Eurostat, the European...
Read moreThe Austrian economy grew rapidly
Austria’s gross domestic product expanded significantly in the first quarter of this year, largely due to a low base; increased by 2.5 percent quarter-on-quarter and by 8.7 percent year-on-year, according...
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This country has already banned disposable plastics
Luxembourg has passed new legislation to reduce waste and protect the environment, banning the use of plastic packaging for single-use plastic devices and a range of foods, including vegetables and...
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Gergely Gulyás: Hungarian wine has a prominent role in the image of the country
Hungarian agriculture, and within that Hungarian wine, has a prominent role in judging the country, said Gergely Gulyás, the minister in charge of the Prime Minister’s Office, at the Winemakers’...
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The covid repercussions of shipping on the stock market are still moaning
The shipping industry was one of the big winners of the coronavirus alongside internet companies. Although there was still a huge setback during the first wave, the importance of deliveries...
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A 4.3 percent economic growth for Hungary in the next 4 years
The government expects continued high economic growth and a steady reduction in public debt and budget deficits over the next four years, according to the Convergence Program sent to the...
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Asda rolls out Whywaste tech to reduce food waste
Asda has partnered with digital company Whywaste in a bid to reduce food waste in stores via an app staff members can use. The digital date checking technology is designed...
Read moreAM: Hungarian animal husbandry has a future
The establishment of efficient farms equipped with the latest technology, automated to the highest possible degree and meeting the strictest animal health conditions is the most important development condition for...
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Nébih published an information booklet for expectant mothers
The National Food Chain Safety Agency (Nébih) has issued a food safety booklet for expectant mothers on Mother’s Day. In a statement sent to MTI on Friday, the authority highlighted...
Read moreGrain is already being harvested in bulletproof vests, but grain shortages could still lead to a refugee crisis
Ukrainian grain stocks on the market are running low, and no one dares to do business with the Russians because of the sanctions. Inflation is already high in the countries...
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(HU) A legmodernebb technológiával, a víz alatt termesztene növényeket egy olasz cég
Sorry, this entry is only available in HU....
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The new board of directors of the international Generali Group has been elected
The ordinary and extraordinary Annual General Meeting (“AGM”) of Assicurazioni Generali S.p.A. was held today under the chairmanship of Gabriele Galateri di Genola. The AGM has approved the financial statements...
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Changing promotional expectations
This year, for the 14thtime, Trade magazin organised the ‘Most successful promotion of the year’ competition’s award ceremony and conference day. FMCG companies sent in their competition entries in 6...
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KSH: the number of employees was 4,697,000 in March
In the three-month period of January-March, the average number of employees was 4,674,000, 107,000 more than in the same period of the previous year. In March, the average number of...
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MNB: the commercial real estate market is characterized by growing risks
The turbulence caused by geopolitical tensions and the future risks of global economic growth will have a negative impact on the demand for commercial real estate, real estate development, financing...
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AM Secretary of State: eight thousand new agricultural projects received support
Nationwide, we have supported 8,000 new agricultural or food projects in the past year, the state secretary for agriculture and rural development at the Ministry of Agriculture (AM) said at...
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Moody’s: a stable outlook for the Hungarian and most European banking systems
The outlook for the Hungarian and most European banking systems is stable, as European economies are expected to continue to recover from the shock of the coronavirus pandemic, although the...
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The Waberer’s Group acquires the logistics and domestic transportation business of the Gyarmati Trans Kft.
The Waberer’s-Szemerey Kft., which is 100% owned by Waberer’s International Nyrt. entered into a sales contract for the acquisition of the logistics and domestic transportation business of Gyarmati Trans Kft....
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Modern turkey farm in Tarnales
The establishment of efficient farms equipped with the latest technology, automated to the highest possible degree and meeting the strictest animal health conditions is the most important development condition for...
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The MNB raised the key interest rate by 30 basis points
On Thursday, the Magyar Nemzeti Bank (MNB) announced its one-week deposit tender at 6.45 percent, 30 percentage points higher than in the previous week. Analysts also expected such a rise...
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Counterfeit perfumes worth 1 billion HUF were found in Nagykanizsa
More than one billion forints worth of counterfeit perfume was found in Nagykanizsa in a container from the Far East, the press officer of NAV’s Zala County Tax and Customs...
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