News and articles
Big Mac index: Only the Swiss franc and Norwegian krone are overvalued against the dollar
The dollar is very expensive against most of the world’s currencies, including the forint, but the Swiss franc and Norwegian krone are overvalued against the U.S. currency, according to The...
Read moreFew reeds will be harvested at Lake Balaton this season
At Lake Balaton, far fewer reeds are harvested this year than would be necessary, because the National Directorate-General for Water Management (OVF) cannot carry out the work on its own...
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Sapporo ‘vending machine land’ store begins selling insect snacks, other unusual items
Japan’s northernmost prefecture Hokkaido has seen the opening of its first store specializing in selling unusual items including insect snacks from vending machines in its capital Sapporo in late January....
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(HU) A pénz a sajtburgerben van – A nap képe
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Hungarian jewellery brand with artificial diamonds enters international market
The design of the Artidia brand started 3 years ago, this year it will be presented in neighboring countries, and they want to make it available all over Europe. The...
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Jimmy John’s opens its first-ever drive-thru only site
Customers can’t dine in at Jimmy John’s new restaurant concept. The sandwich chain, which has more than 2,600 locations across 43 states, has opened its first-ever drive-thru and pick-up only...
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Amazon UK sales revealed: Brits spent £23.6bn at online giant in 2021
Amazon has filed sales figures for its UK business, which show that revenue jumped 20% last year – and a startling 82% on pre-pandemic levels – as lockdown and heightened...
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Magazine: Skyrocketing costs in the canning industry
The size of the annual canning market is bigger than HUF 200 billion, making up for 8-10 percent of the food processing industry. Péter Sebesta, president of the Hungarian Cooling...
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KSH: retail turnover increased by three and a half percent last year
Excluding the calendar effect, the turnover of retail stores increased by 6.2 percent in December last year, by 6.7 percent according to raw data, and by 3.5 percent for the...
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Hungarians buy vegetables and fruits mostly in large chain stores
73 percent of Hungarians procure vegetables and fruits in large chain stores, 42 percent in vegetable stores, 34 percent in markets or market halls, and 17 percent in producer markets,...
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FAO: food prices in January at a nearly 10-year peak
World food prices peaked at a nearly 10-year high in January, mainly due to higher prices of vegetable oils and dairy products. According to data released by the Food and...
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The final results of the Agricultural Census 2020 have been published by the KSH
In ten years, between 2010 and 2020, the number of agricultural farms in Hungary fell by 31 percent. Farms became concentrated, crop structure, crop production and animal husbandry were separated...
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(HU) Profession.hu: egyforintos hirdetésfeladással a megváltozott munkaképességűek foglalkoztatásáért
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Read moreConsumer goods manufacturers do not dare to plan for the long run
Consumer goods companies are only planning for the short term to meet the sudden and unpredictable changing needs of customers, according to a joint international study of 370 industry leaders...
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(HU) Magyarország Tortája 2022. – Versenykiírás
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(HU) Közel a teljes kiadottsághoz a HelloParks Maglód első üteme
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(HU) A Csodalámpa és a UPS David Copperfield módszerével segített beteg gyerekeknek
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Henkel plans to merge Laundry & Home Care and Beauty Care to create new “Consumer Brands” business unit
Henkel announced plans to merge its business units Laundry & Home Care and Beauty Care into one business unit: Henkel Consumer Brands. The company will start preparations for the integration process immediately and aims to have the new organization in place latest by beginning of 2023. With the new business unit, Henkel will build one multicategory platform for growth, combining its consumer brands and businesses under one roof, including many iconic brands such as Persil and Schwarzkopf, also comprising the hair professional business. “We will join forces in our consumer goods businesses to create one strong, integrated business unit as a foundation for future profitable growth. The integrated Consumer Brands business will...
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Sirha Budapest 2022 – Partnerek, programok, piacok
New trends and innovations in packaging Next March the Hungarian Association of Packaging and Materials Handling (CSAOSZ) will give an overview of the latest trends and innovations in packaging at...
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A lot of damage was caused by the stormy winds
On Sunday, strong winds caused damage in many areas. According to the data of the TimeMap, a gust of 127 km/h was recorded on János Hill, breaking the Budapest wind...
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(HU) A 80-as, 90-es évek klasszikus videójátékai gasztrós elemekkel elmesélve – A nap videója
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Magazine: We need sweets even when times are hard!
According to the Association of Hungarian Confectionery Manufacturers, by the end of 2020 the confectionery market managed to recover from the shock it had suffered before Easter. Secretary general Gábor...
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(HU) Versenykiírás: Pataki János emlékverseny a Sirha Budapest 2022 szakkiállításon
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Read moreOne can apply for the development of small farms again
The call for tender titled ‘Support for popular small farms’ is reopening, Minister of Agriculture Nagy István announced. According to the announcement of the Ministry of Agriculture published on Wednesday,...
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Ministry of Agriculture: one can join the agricultural crisis insurance scheme until the end of February
The possibility of joining the agricultural crisis insurance system, which is a unique, new and innovative element of the Hungarian agricultural risk management system, was reopened and is operating between...
Read moreFarmers face a difficult year again
It was a great pleasure to be beyond 2021, it was a very difficult year in every way. However, 2022 will not be any easier, in fact, producers will find...
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Domestic fish industry before transformation
With the establishment of MATE, there has been an unprecedented transformation in agricultural higher education for decades. The new institution brought most of the fragmented Hungarian education and research system...
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Inflation in the euro area was record high in January
Instead of the expected decline, euro area inflation accelerated to another record in January, according to a preliminary report released by Eurostat, the European Union’s statistical office, on Tuesday; however,...
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Here is the Tesco wage agreement: significant wage development and family-focused benefits package
Tesco-Global Stores Zrt. and the Trade Employees’ Union (KASZ) and the Egyenlő.hu – the modern trade union – have successfully agreed on wage development for the 2022/23 financial year. Tesco...
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