GKI: Forecast for 2022
GKI: Forecast for 2022
GKI has revised its growth forecast. For 2022, it raised its GDP forecast to 3.5-4 per cent from 2.5-3 per cent previously, and lowered its GDP forecast for 2023 to...
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The new subsidized loan program starting in July will be popular
The Széchényi MAX program, which will be launched in July, will be a great help to micro, small and medium-sized enterprises, as it will provide financing at a better interest...
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Horticulture will continue to be a major product line in the future
The horticultural shooting sector is facing significant development opportunities, including the domestic tomato shoot, where the good results achieved in terms of yield may increase with the new investments, Juhász...
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Ministry of Agriculture: the summer harvest began sooner
Harvesting has also started nationwide, and the extremely warm weather requires special attention from farmers, said Minister of Agriculture Nagy István in his statement. The head of the ministry pointed...
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German inflation slowed in June
In Germany, instead of the expected rise, inflation slowed in June year-on-year, according to the German federal statistical office Destatis. According to preliminary data from Destatis published on Wednesday, the...
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This year’s fish soup festival in Tiszacsege will be held on Saturday
Thousands are expected on the bank of the Tisza in Csege on Saturday, where the Tiszacsege fish soup festival will be held for the fourteenth time, the owner of the...
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Petition For EU to Include Plant-Based Milk in School Meals Gains 35,000 Signatures
A petition by ProVeg International urging the EU to include plant-based milk in school meals has exceeded 35,000 signatures. The campaign pushes for the integration of plant-based milk as a more climate-friendly...
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The domestic melon season at Lidl begins
From today, Lidl Hungary’s warehouses will take over high-quality Hungarian watermelons from Hungarian suppliers, which will mark the beginning of the Hungarian melon season in Lidl stores. Last year, the...
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(HU) Családbarát Munkahely címet kapott a METRO
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Co-op Britain to stop indicating “use by” dates on private label yogurts
Britain’s Co-operative Group plans to stop indicating the “use by” dates on private label yogurts to prevent food waste. The retailer plans to use “best before” dates instead, because they...
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Orkla Alternative Proteins invests in two start-ups
Orkla Alternative Proteins has invested in two start-ups, Change Foods and Arkeon, which use technology to produce cheese and proteins. Change Foods is a start-up established in 2019, they have...
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Attila Sófalvi, general manager of Mars in Hungary and Slovakia speaks about challenges, plans and necessary changes
Attila Sófalvi – who was appointed general manager of Mars in Hungary in 2017 – has been the head of Mars in Slovakia too, since 1 August 2021. This spring...
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More than two billion HUF tourism development in Hajdúszoboszló
As a result of the investment of more than two billion forints, the hotel promenade in Hajdúszoboszló, the King Matthias Promenade, will be completely renewed – the town hall informed...
Read moreThese machines will be bought by the Hungarians if the heatwave hits
In the summer heat, of course, the various appliances used to cool homes are running out. And Euronics’ sales figures show that we’re no longer just buying split air conditioners...
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Diageo and PET Cup are improving the waste situation in the Tisza source region
Approx. 10,000 tonnes of waste arrive from Ukraine and Romania on the Tisza, mainly due to the lack of adequate waste management systems in the upstream countries. The Tisza PET...
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Waiters and psychologists (Part 3)
Rather few Hungarian bars and restaurants use a trick that is frequent in Western Europe: indicating prices only with numbers and no currency, because this way the brain’s perception of...
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Tesco supports domestic children in need with HUF 21 million
More than 20 million forints were raised between May 16 and June 19 this year from donation coupons sold in Tesco stores and online to support the Ecumenical Relief Organization’s...
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It will be easier for domestic companies to refer to the UK
After Brexit, Hungarian companies also found it more difficult to trade with the United Kingdom, not only logistically but also financially. However, despite leaving the EU, economic relations between the...
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Heads of OECD and FAO emphasise the importance of peace and transforming our agrifood systems for guaranteeing access to food for the world’s poorest
The global agrifood sector faces fundamental challenges over the coming decade, particularly the need to feed an ever-increasing population in a sustainable manner, the impacts of the climate crisis and...
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XIXO’s three carbonated drinks also received the Superior Taste Award
The three members of the Hungarian XIXO carbonated beverage product family were also recognized by the International Taste Institute in Brussels with a two-star Superior Taste Award, ie a grand...
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Here is BDO’s detailed list of tax changes expected next year!
The Government of Hungary has submitted a budget bill for 2023 to the Parliament, which includes 4.1 per cent economic growth, a 3.5 per cent deficit target, a declining public...
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Canada moves to ban single-use plastics by 2025 amid recycling failures
The Canadian government is revealing long-awaited plans to ban single-use plastics after Prime Minister Justin Trudeau promised to prohibit hard-to-recycle plastic production in 2019. The COVID-19 pandemic stalled his plans,...
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Record levels of UK food price inflation driven by staples, bread, meat and oils
The Office for National Statistics (ONS) has reported a 9.1% rise in UK inflation for the Consumer Prices Index (CPI), the highest level in decades with food price inflation in...
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(HU) Pirítós, némi barokkos túlzással – A nap képe
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Amazon opens next-gen store data to brands
Amazon is introducing Store Analytics, a new service offering brands data-driven insights about the performance of their products, promotions, and ad campaigns in Amazon Go high-tech convenience stores and Amazon...
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Magazine: László Krisán: “Everyone has their share of responsibility in crisis management”
Our magazine asked László Krisán, the CEO of KAVOSZ Zrt. about the past year, the present situation and their plans for the future. – How did the different types of...
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The harvest will begin soon
Within a few days, the harvest will start in Hungary as well – agrarszektor.hu wrote. This year, the world is ahead of the harvest season, with the Russian-Ukrainian war leading...
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AM: The 41st National Wine Competition has started
The winemakers are excellently adapting to the changes, they are pioneers in agricultural innovations and show the way to the entire Hungarian agrarian sector, Minister of Agriculture Nagy István said...
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Mondelez expands its sustainable wheat production program in Hungary
The American food company Mondelez, an international company is expanding its sustainable wheat production program in Hungary as well, and an increasing proportion of the biscuits made in the Székesfehérvár...
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