News and articles

Pek-Snack thanks its most loyal partners
Date: 2022-02-21 11:01:42

Pek-Snack manufactures and sells frozen baked goods. Every November-December the company says thank you to shops which have been part of Pek-Snack’s sales network for the longest time. In 2021...

Farmers are already preparing to sow spring cereals
Date: 2022-02-21 10:20:46

The spring seed marketing season is taking place. According to the Seed Association’s Interprofessional Organization and Product Council, farmers will soon be able to sow spring barley and oat seeds...

Diageo Enters Deal to Repurchase Up to GBP1.7B of Shares
Date: 2022-02-21 10:18:17

Diageo PLC said Monday that it has started a share buyback for up to 1.7 billion pounds ($2.31 billion) as part of its return of capital program. The U.K. alcohol-beverage...

European Stock Futures Higher on Ukraine Summit Hopes
Date: 2022-02-21 10:15:48

European stock markets are expected to open cautiously higher Monday, helped by fresh hopes for a diplomatic solution to the tense situation on the Ukraine border. At 2 AM ET...

KSH: last year corn was hit by the weather, wheat and barley production broke records
Date: 2022-02-21 10:10:02

In 2021, a historic record harvest of barley and higher than ever yields from wheat were harvested. The summer heat has led to the lowest maize production in three decades,...

German Producer Price Inflation Accelerates In January
Date: 2022-02-21 10:01:55

Germany’s producer prices rose for a second month in a row and at a faster pace in January, figures from Destatis showed Friday. Producer prices increased 0.9 percent year-on-year after...

The venture capital market broke records last year
Date: 2022-02-21 09:48:34

Venture capitalists went hard in 2021. Data collected from a number of sources indicates that last year set venture capital records around the world. From dollars invested to deal volume,...

Russia’s Ministry of Economic Development downgrades GDP growth forecast for this year
Date: 2022-02-21 08:51:49

Russia’s Ministry of Economic Development has lowered its estimate of Russian GDP growth this year from 3.0 percent to 2.8 percent, Russian economic daily Vedomosti reported on Monday. According to...

Co-op moves all South African wine to Fairtrade standards
Date: 2022-02-21 08:50:20

The Co-op has claimed an industry first by stocking an entirely Fairtrade South African wine range. The move means it will now stock 45 South African wines made to Fairtrade...

Brussels’ position on promotion programmes is unacceptable
Date: 2022-02-21 08:38:17

It would be completely unacceptable and would set a dangerous precedent for the future if the European Commission banned the promotion of the consumption of agricultural products such as wines...

Tesco Registers Defibrillators To UK Network
Date: 2022-02-21 08:10:59

UK retailer Tesco has commenced registration of its 2,190 defibrillators to a new national database of defibrillators. The retailer claims that the initiative marks the biggest single addition of defibrillators...

Find MUCI! – Most Useful Creative Innovations
Date: 2022-02-18 18:00:32

The Trade Marketing Club’s annual “My Love” conference featured interesting presentations on innovations in commerce from the retail, brand and research sides. The winners of this year’s university display design...

Supply Disruptions Add to Inflation, Undermine Recovery in Europe
Date: 2022-02-18 12:09:08

With supply constraints likely to persist, the challenge for policymakers is to support recovery without allowing high inflation to become entrenched. When countries asked people to stay at home to...

The Házi-Hús Kft. starts a development
Date: 2022-02-18 11:22:37

The Gyula-based Házi-Hús Kft., starts a development ina value of more than a quarter of a billion forints. The company received half of the amount required for the investment from...

Rossmann’s sales grew 9 percent last year
Date: 2022-02-18 11:22:11

Rossmann Magyarország achieved sales of more than 115 billion HUF last year, 9 percent more than in the previous year, and the turnover of stores and webshops also increased, the...

MNB: household savings increased in the fourth quarter of last year
Date: 2022-02-18 11:20:58

Households’ net financial savings amounted to 905 billion HUF, or 5.8 percent of GDP, in the fourth quarter of last year, compared to 111 billion HUF in the third quarter...

Digitalisation is also essential to maintain the competitiveness of agriculture
Date: 2022-02-18 11:20:09

The most important goal of the Digital Agrarian Strategy (DAS) is to put the most effective tools in the hands of producers in order to be able to meet the...

Minister of Agriculture: farmers have already received 99 percent of the area support
Date: 2022-02-18 11:19:00

The payment of the most important support entitlements for domestic producers is progressing at a good pace, the Minister of Agriculture Nagy István said in a statement issued by the...

Consumer confidence in the euro area and the EU deteriorated in February
Date: 2022-02-18 11:18:05

Instead of the expected improvement, consumer confidence in the euro area and the European Union deteriorated in February. The European Commission said on Friday that the consumer confidence index had...

At the economic year-end of the Hungarian Chamber of Commerce and Industry, Viktor Orbán also gave a speech
Date: 2022-02-18 11:10:38

Prime Minister Viktor Orbán gave a presentation at the Economic Year 2022 economic policy forum organized by the Hungarian Chamber of Commerce and Industry on Saturday in the Rome hall...