Company and Personal News
The TEDEJ Zrt. developed from more than 1.2 billion forints.
The TEDEJ Agrártermelő és Szolgáltató Zrt. has developed a cultivation and processing technology for the production of alfalfa-based protein products and other plant products, as well as a demonstration plant...
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Waberer’s closed again with a profit last year
Last year, Waberer’s closed-end EBIT (earnings before interest and income tax expense) increased from 2.1 million euros (approximately 780 million HUF) to 27.2 million euros (more than 10 billion HUF)...
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Retail companies would also employ refugees
Companies operating in the technical and food retail sectors would also employ refugees from Ukraine, companies in the area told MTI. According to a government decree issued on 7 March,...
Read moreThe Conference Board’s U.S. Macroeconomic Composite Index has improved
The economic outlook in the United States improved somewhat in February, according to a composite index calculated by the Conference Board’s Institute for U.S. Economic Research to summarize key macroeconomic...
Read moreFrench Agriculture Ministry warns of food crisis
French Agriculture and Food Minister Julien Denormandy has warned that the situation in Ukraine could trigger a global food crisis in 2022. Food problems in some countries could start as...
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Brewing with pixels instead of yeast – Heineken introduces the first virtual beer brewed in the virtual world, Heineken Silver
Heineken presented its latest innovation at a special event. At the presentation held in Decentraland, guests could toast with virtual beer, enjoy digital dishes and meet virtual avatars of the...
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Renewal is a tradition – PICK salamis in new packaging
Thanks to its more than 150-year-old tradition, PICK is an expert in salamis in Hungary. This rich tradition includes quality ingredients, cherished recipes and care, as well as the brand’s...
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It will be more expensive, there will be enough domestic eggs for Easter
By Easter, the average consumer price of eggs could be around HUF 55, and domestic producers will be able to meet the increasing demands, according to Agroinform’s analysis. Due to...
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Paper wheat, recovered hand towels – this could be the future of hygiene
The world economy is only 8% circular and unsustainable in this form, according to a recent circularity gap report. The problem also affects the hygiene industry, so in order to...
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Confectionery manufacturers would like a strong Easter
There was a pandemic situation at last Easter too, but consumers didn’t really care about it: sales of Easter confectioneries increased by double-digit numbers in comparison with the previous Easter...
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(HU) Óvatosak a befektetők: esett a Mol-részvény, kapaszkodik vissza az OTP, de jött a célárcsökkentés
Sorry, this entry is only available in HU....
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Startups to rethink plastic: the third Startup Plastic Surgery accelerator program is launched
The application for the Startup Plastic Surgery program has been opened, which for the third time provides support to startups offering solutions to the environmental and health challenges caused by...
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Magazine: FMCG: First the pandemic, then the price increase
Some things go, others stay after the pandemic According to NielsenIQ’s Shopper Trends survey, 47 percent of Hungarians’ shopping trips are so-called big shops or restocking shopping trips – before...
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The Takarék Group also assists grain growers with financing and professional materials
The Takarék Group and the National Association of Cereal Growers (GOSZ) have renewed their strategic cooperation to jointly support farmers in adapting to the cost of fertilizer and rising production...
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Kométa: One hundred and twenty billion forints of investment will start in Kaposvár
Two investments worth one hundred and twenty billion forints will begin in Kaposvár, which will create more than six hundred new jobs in the city, the Minister of Foreign Affairs...
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Eurozone inflation hit another record high in February
The eurozone’s annual inflation rate rose to a new record 5.9 percent in February this year from 5.1 percent in January, the European Union’s statistical office Eurostat said on Thursday....
Read moreOECD: the crisis could take more than 1 percentage point of the global economy’s growth this year
The war in Ukraine could take more than a percentage point of the world’s economic growth this year and drop inflation by two and a percentage point. In its first...
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AM: tillage machine is a combination of common sense and technology
We are living in a period of technological revolution on the regulatory, environmental and market side. From time to time we have to find good solutions for economical production, even...
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Waberer’s returns to profit last year
Last year, Waberer’s again made a profit, and the consolidated regular EBIT (earnings before interest and income tax expenses) increased from EUR 2.1 million (approximately HUF 780 million) to EUR...
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SPAR prepares more than 720 tons of cooked smoked meat for Easter
SPAR Hungary expects a wide range of goods for the Easter period this year, and expects a significant increase in traffic ahead of the holiday....
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Dreher’s new beer debuts as the first brewery brand in its class
Sorry, this entry is only available in HU....
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AM State Secretary: The area covered with wood is constantly growing in Hungary
The area covered by forests, wood and shrubs is continuously increasing in Hungary, and its share is already 25.4 percent, according to the national forest inventory, the Minister of State...
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An abundance of prizes in the display design contest for students
POPAI Hungary organised its POPAI Student Design Awards competition for the third time. The event’s main sponsor was SPAR and its theme sponsor was PICK. University students studying design were...
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Uk medicines authority registers AstraZeneca’s COVID-19 antibody Evusheld
AstraZeneca’s Evusheld has been approved for use by the Medicines and Healthcare products Regulatory Agency (MHRA). It is the first antibody preparation approved in the UK to prevent coronavirus infection....
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AM State Secretary: The area covered with wood is constantly growing in Hungary
This year’s government decree declared the expansion of mapei Kft.’s salt well factory to be a priority investment from the point of view of the national economy, and the company...
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Magazine: Self-knowledge is the most important skill in the 21st century
In the latest Future Talks podcast episode Szilvia Krizsó talked to Krisztián Steigervald, generations expert. The article features parts of the conversation that you can listen to at futuretalks.hu. –...
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Pigeon meat is becoming more and more sought
According to Barabás János, pigeon breeding expert interviewed by Agrárszektor, also mentioned that, although not in Hungary but abroad pigeon meat and its products are beginning to be recognized again....
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According to one analysis, labor shortages are still expected by most businesses
The majority of enterprises still expect a labor shortage, and according to most of them the situation will be even more serious – the Institute of Economics and Entrepreneurship of...
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The grain trading company is stopping its investments in Russia
Another large agricultural company has announced that it will stop investing in Russia because of the Russo-Ukrainian war. Cargill has been present in Russia since 1991, writes agrarszektor.hu. A similar...
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Ukrainian wheat and corn production is at risk
Much of Ukraine’s grain exports could end this year, leading to serious food problems, according to agrarszektor.hu. ING Bank and the U.S. Department of Agriculture (USDA) estimate that Ukraine would...
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