Company and Personal News
Hungarian food industry companies presented themselves in Spain
Hungarian food industry companies presented themselves in Spain at the first two targeted business development meetings of the Hungarian Food Business Program of the Agrármarketing Centrum (AMC), AMC told MTI...
Read more
The European Parliament has decided: new rules for sustainability reports
The new directive will standardize companies’ sustainability reporting from 2024, so that financial companies, investors and the wider public can access comparable and reliable information about what organizations are doing...
Read more
The Continental Tobacco Industry Group has successfully completed its nearly HUF 10 billion factory hall development
The Continental Tobacco Industry Group has successfully completed its nearly HUF 10 billion investment in its tobacco factory in Sátoraljaújhely by handing over the new tobacco preparation hall and modernizing...
Read more
Epson: no more laser printers!
The company will completely stop the global sales and distribution of laser printers by 2026. The company justifies the decision by saying that the use of inkjet printers represents a...
Read more
3 billion HUF per year is allocated to the implementation of the national wine marketing strategy
The government will provide HUF 3 billion per year for the implementation of the soon-to-be-completed national wine marketing strategy – the government commissioner responsible for national wine marketing announced on...
Read more
The beekeeping industry receives more than 42 million euros in support
The Ministry of Agriculture (AM) highly values the work of Hungarian beekeepers, which is reflected in the fact that we intend to support the development of the sector with a...
Read more
Food inflation in Ukraine will soon reach 40 percent, but there is no shortage of products
Apart from a few weeks, in the last ten months, it was not typical that the shelves of the stores were completely empty in Ukraine. People’s wallets were all the...
Read more
Domestic hospitality was not in such a big trouble due to covid – will the tourist rescue operation help?
The sector is under such an all-out fire that people living today have simply never experienced. Now everyone is calculating, but it is clear that the key factor in this...
Read more
This is what will be especially expensive now in Hungarian stores
The price of large household appliances (refrigerators, gas stoves, washing machines) has increased significantly, so those who want to replace them with more modern and energy-efficient ones because of the...
Read more
Erste Bank Hungary will take over the customers of Commerzbank Zrt
Erste Bank Hungary will take over the customers of Commerzbank Zrt. on December 1st. Due to the takeover, the financial institution’s services will be available to a limited extent at...
Read more
By the middle of next year, the proportion of non-performing corporate loans may even double
The drastic deterioration of economic conditions will be reflected in the drastic deterioration of corporate loans within a few quarters. According to the estimate of Moore Hungary’s financial consulting business,...
Read more
K&H: Refinanced loans drive the economy
In the highly changing economic environment, state-supported corporate loans with preferential interest rates play a major role in the financing of companies. K&H actively participates in this, so last year...
Read more
According to the Romanian Statistical Office, the price of meat products has increased, according to producers, it has decreased
There is no agreement between researchers and manufacturers. In Romania, in the first half of 2022, 16 percent more cold cuts were sold than in the same period last year,...
Read more
Upside Foods gets FDA greenlight for cultivated chicken
Cultivated meat maker Upside Foods received approval from the FDA for its chicken grown from animal cells. This is the first regulatory approval for any cultivated meat in the U.S....
Read more
The British supermarket chain’s Christmas ad caused an outrage
British supermarket chain Waitrose’s Christmas ad featured tanned skin as an ideal, which the skin cancer charity Melanoma UK didn’t like very much. The Christmas short film was titled It’s...
Read more
Tesco rebrands ‘reduced to clear’ aisle
Big 4 grocer Tesco is rebranding its “reduced to clear” section allowing better visibility for customers looking to save money on items As rising food bills push inflation to the...
Read more
Nestlé Inaugurates New Research And Development Centre In Chile
Food giant Nestlé has inaugurated a new research and development centre in Santiago, Chile, as it seeks to focus on consumers in Latin America. The company hopes to develop nutritious,...
Read more
Ipsos: Completely new opportunities have appeared in the field of product testing
The Ipsos article shows how combining behavioral science with product testing can lead to a better understanding and use of test results, and how this can lead to new, innovative...
Read more
Hungary is in the lead: this is how food prices in Central Europe have risen
Eurostat’s fresh statistics, specifically just for food inflation, have come out, the first places of which have not changed significantly for months. This was also the case in October, the...
Read more
Street food stands its ground in spite of the energy crisis
The increased labor and raw material costs, as well as the skyrocketing energy prices, challenged the hospitality industry again this year. As a result of the market situation, prices increased...
Read more
Despite the crisis, luxury items such as Moët Hennessy champagne are selling very well
Recession here or there, the demand for luxury goods continues to grow. A great example of this is the increased interest in Moët Hennessy champagne. “Demand is so high that...
Read more
This is what is cheaper at the Lidl in Párkán, and what is more worth buying here
Many Hungarians visit the Lidl in Párkány regularly to shop, a 45,000 dollar purchase at home can easily turn into a 32,000 dollar purchase with a detour in Slovakia. Of...
Read more
The Hungarian meat industry is in big trouble
Is it really not worth it to keep chickens, pigs or cattle? In Hungary, in the summer of 2022, fewer of the main farm animal species were kept than a...
Read more
There may be a beer shortage affecting the whole of Europe
Due to the energy crisis and climate change, Europe’s largest malt exporter is facing serious problems, which are further deepened by the Russian-Ukrainian war. “The increasingly protracted Russian-Ukrainian conflict presented...
Read more
Auchan offers four Christmas styles for the holiday season
Winter has not officially arrived yet, but we will soon enter the Advent season, when many people are already decorating their homes with festive decorations. For this, Auchan offers four...
Read more
The energy and raw material crisis is also driving the packaging industry towards comprehensive innovations
In the recent period, the drastic increase in energy and fuel prices, inflation and the shortage of raw materials did not spare any industry. The packaging industry, which typically requires...
Read more
A social consultation has begun on returnable plastic cups
A social consultation has begun organized by the Budapest Chamber of Commerce and Industry (BKIK) and the Zöld Követ Egyesület on returnable plastic cups, the BKIK informed MTI on Thursday....
Read more
Products made from buffalo and donkey meat could receive the GEOfood trademark
Starting today, a total of four Hungarian artisanal producers and two restaurants can use the GEOfood international trademark, after Ferenc Szalai, the representative of the Mátra Buffalo Reserve, ceremoniously received...
Read more
Cereal prices are soaring, but there is no threat of stock shortage
Data from the Market Price Information System (PÁIR) of the Research Institute of Agricultural Economics (AKI) reveals: in Hungary on the first week of October, the price of bread wheat...
Read more
Ministry of Agriculture: already awarded tenders are not covered by the information issued on the Rural Development Program
In the past few days, the Ministry of Agriculture (AM) has informed farmers and businesses that have submitted support applications for Rural Development Program applications but have not yet received...
Read more