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Traders are worried about the rising cost of container freight
The shutdown of the Red Sea shipping route has caused a dramatic increase in maritime transport rates due to conflicts involving Israel, Hamas, and Yemeni Houthi rebels. This disruption has...
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GeePower Manufacturing Kft. now produces most of its formerly subcontracted products in its own factory
“The value of domestic household chemical brands lies in that they are well-known and popular. Our mission is to further strengthen the brand loyalty of customers, so we continuously improve...
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Threat or opportunity?
Commissioned by Bizalmi Kör and RSM Tax Advisory and Financial Services, a survey has been conducted by the Equilibrium Institute and Impetus Research on the worries and expectations of business...
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More optimism
Perhaps this is what describes the past two months in the FMCG market the best. As I have learnt it recently, it is a good idea to watch the “champagne...
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Kerry Group opens new digital innovation hub
Kerry Group has unveiled a new digital innovation hub, which will enable the company to do global research, offer insights into consumer taste preferences, and acquire clinical trial data. Forming...
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It turned out what is most stressful for manual workers
In the lives of Hungarian physical workers, satisfaction and fear are present at the same time – states the representative research prepared at the request of Pannon-Work Zrt. The survey...
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Pig and chicken dominated the market
According to the latest report of the Institute of Agricultural Economics, in the first quarter of 2024, significant changes took place in Hungary’s livestock and meat processing sector. Based on...
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CBA is working for the success of its partners
In 2023 CBA continued its efforts to provide its franchise partners, who operate CBA and Príma stores, with as many tools as possible to be successful. This article is available...
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A key issue is the farmer’s variety choice in field crop production
In the last hundred years, Hungarian breed breeding has been one of the most important professional pillars of domestic agriculture. During the challenging period, the issue of varieties, the presence...
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Dr Oetker coy over plan to sell soy chunks brand in Romania
The frozen pizza maker wants to sell its soy pieces brand Inedit to a subsidiary of Austrian investment holding group Raiffeisen. German frozen pizza and baking goods manufacturer Dr Oetker...
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Lidl Unveils ‘Italy’s Greenest Supermarket’
Lidl Italia has opened what it describes as Italy’s most eco-friendly supermarket outlet. The new supermarket in Villafranca di Verona, which replaces the existing Lidl store at the same location,...
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New agricultural investment decisions worth HUF 10.8 billion were made
In the past few days, the Ministry of Agriculture made support decisions worth 10.84 billion forints in relation to 171 more requests in connection with the calls announced within the...
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Significant ecommerce growth in Turkey
Online spending in Turkey more than doubled last year, the Ministry of Commerce reports. Significant growth is expected again this year. This is largely the result of inflation, but there...
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The irrigation plant of Talentis Agro Zrt., built with 1.7 billion forints, was handed over
The government will give farmers all the help they need to adapt to the challenges of climate change and to increase the cultivation of crops with greater added value –...
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The poultry sector had a difficult year
2023 was a challenging year for Hungary’s poultry industry, as reported by Agrárszektor. Despite a significant reduction in energy and feed costs, the sector faced substantial losses due to avian...
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BMI: Moderate expansion in May
The seasonally adjusted May value of the Purchasing Manager Index (BMI): 51.8. Compared with the previous May values, this year’s value is lower than the long-term average for this month...
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An efficient and competitive dairy industry is needed
The time has come to develop the domestic dairy industry, we need investments that improve efficiency and increase the competitiveness of the sector’s players. The goal is to regain the...
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A severe decline in the business performance of large DIY stores in 2023
In 2023, major hardware store chains in Hungary faced significant financial challenges, marked by substantial declines in profits and revenue across the industry. Obi reported the least severe decline, with...
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In the first quarter, the number of pigs slaughtered in slaughterhouses increased
1,160,000 pigs were slaughtered at Hungarian slaughterhouses in the first quarter of 2024, 6.2 percent more (+67,000 pigs) than in January-March 2023. The total live weight of slaughtered animals was...
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Information about changes in direct area-based subsidies during the year
The Ministry of Agriculture informs agricultural producers and the relevant contributors that several regulations affecting the direct support entitlements of the Common Agricultural Policy are already changing favorably for producers...
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An efficient, innovative and competitive dairy industry is needed
The time has come to develop the domestic dairy industry, we need investments that improve efficiency and increase the competitiveness of the sector’s players. The goal is to regain the domestic...
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Tesco tattoos avocados to reduce environmental impact
Tesco is replacing the stickers on its extra-large avocados with barcodes drawn on by lasers in a bid to limits its environmental impact. The trial with the UK’s main avocado...
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Significant Hungarian involvement in international advertising self-regulation
The European Association of Self-Regulatory Organizations (EASA) has elected a new presidency. They elected an Irish president, Orla Towney, head of the Irish advertising self-regulatory organization (ASAI). ÖRT general secretary...
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Business sentiment in German retail improved slightly in May
In May, the German retail industry business sentiment index of the ifo economic research institute of the University of Munich improved somewhat. Based on the results published on the website...
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This year, student workers can expect a gross hourly wage of 1,500-2,500
Only a few more weeks and the summer vacation is here, which for thousands of students would mean cloudless freedom and study-free weekdays. But there are people who want to...
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Registration for this year’s Summer Student Work Program has begun
Since 2013, the government has been announcing the Summer Student Work Program with unbroken success, for which eligible persons can apply for a HUF 3.8 billion budget this year –...
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Composts and peat moss sold the most
Among the observed yield-enhancing categories, producers purchased the largest quantities of various composts and peat. This accounted for three quarters of the total sales examined. In second place, based on...
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Price Difference Between Organic And Conventional Food Narrows, Study Finds
The price difference between organic and conventional food items has reduced from 63% to 48% over the past five years in the Netherlands, according to a new survey by the...
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Hungarian milk production has reached the forefront of Europe
Domestic milk production reached the forefront of Europe by renewing the technological background;based on sales and employment, the dairy industry is one of the largest and increasingly important sectors of...
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Valio planning to invest €60m in Finland cheese facility
Valio said, the investment is intended to replace the current manufacturing apparatus, which has reached the end of its technical service life. Finnish food major Valio has announced plans to...
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