Events

An illegal pálinka maker was found in Baranya

Hundreds of liters of distillate and thousands of liters of mash, as well as high-volume pálinka making machines were found by the National Tax and Customs Administration (NAV) in an...

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Five billion euros Hungarian developments were showcased at the EXPO-REAL Budapest booth in Munich

Almost 5 billion euros Hungarian developments were showcased at the EXPO-REAL Budapest booth in Munich. Thanks to the fastest-growing construction investments in the region, supporting the fastest Hungarian economic growth...

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Investor sentiment in the euro area improved slightly

Investor sentiment in the euro area has improved slightly, according to a study released on Monday by the Berlin-based Sentix Economic Research Institute. The monthly Sentix survey was made with...

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Consumption has become the new mantra in the Chinese economy

Chinese leadership wants to boost economic growth primarily through boosting domestic consumption – origo wrote. But there are still serious limitations to this, despite Chinese consumers contributing significantly to GDP...

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Coffee cures a rare disease

The effectiveness of two espressos per day was confirmed by a random test: the coffee eliminated by the coffee the symptoms of a rare, hereditary, incurable disease of 11-year-old French...

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Russia’s X5 Opens New Distribution Centre In Siberia

Russian retailer X5 group has announced that it has opened a new distribution centre in Novosibirsk in the Siberian Federal District. The new logistics facility will supply goods to Pyaterochka...

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Brazil Agribusiness Joins With NGOs To Call For Action On Amazon

Brazil’s leading meat export industry group and other agribusiness associations on Friday joined with nongovernment organisations (NGOs) to call for an end to deforestation on public lands, demanding government action...

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Timberland to plant 50 million trees within five years

Global outdoor lifestyle brand Timberland has committed to planting 50 million trees around the world by 2025. The move builds on Timberland’s previous tree planting efforts; since 2001, the brand...

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European Commission: Hungary’s digital development has improved

According to DESI’s 2019 data showing the development of the digital economy and society, Hungary’s performance over the past few years has improved at a pace similar to the EU...

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AM launches a wine promotion program with a budget of 3.5 billion HUF

The Ministry of Agriculture plans to launch a 3.5 billion HUF wine promotion program to support the sale of quality wines, Feldman Zsolt, Minister of State of the Ministry of...

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KSH: Exports and imports rose by 7.6 percent in July

In July, exports and imports both rose 7.6 percent year-on-year, and foreign trade surplus became 276 million euros, 19 million euros higher than a year before – the Central Statistical...

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Beer and Trotters Festival is organized in Siófok for the first time

Siófok is coming up with a new Autumn Gastronomy Festival: the first Beer and Trotters Festival will be held between 13th and 15th September on the Main Square. The organizers...

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ITM: special attention to be paid this year on students’ consumer awareness again

The Ministry of Innovation and Technology (ITM) will continue to focus on providing students consumer protection knowledge this school year. The Ministry is launching its “Consumer Awareness School” competition for...

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More than 7,300 young people start their education in the institutions of the Ministry of Agriculture

“More than 7,300 young people start their education in the institutions of the Ministry of Agriculture” – the Ministry of Agriculture told MTI. “The school system, which responds to the...

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Ten million eggs that wouldn’t make a chick

Bloomberg reports on an unusual government idea from Indonesia. Jakarta would force record-low poultry meat prices to rise by recommending the destruction of eggs to the poultry farmers – origo...

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Growth in the euro area private sector picked up but remained modest in August

Growth in the private sector of the euro area increased but remained modest in August, after the service sector was only partially able to offset the decline in manufacturing performance...

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The euro area faces the most pessimistic investor sentiment of the past five years

Investor sentiment in the euro area fell to the lowest value of the past five years, according to a study released on Monday by the Sentix Economic Research Institute in...

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Lidl Germany: Reusable Net Bags Instead of Plastic

Discounter Lidl has announced that it will introduce reusable net bags for unpacked fruit and vegetables across all outlets in Germany. Starting 26 August, the new bags will be available...

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Tesco: Remove, Reduce, Reuse, Recycle

Tesco has announced the second phase of its ‘Remove, Reduce, Reuse and Recycle’ plan aimed at tackling excess packaging in private-label as well as branded products. As part of the...

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Labelling issue solved by Brewers of Europe

A few years ago, UNESCO added Belgian beer culture to its list of Intangible Cultural Heritage of Humanity. It highlighted how deeply this culture is embedded across Belgium’s towns and...

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Together Against Plastic Waste

A global alliance of plastic makers and consumer goods companies said on Tuesday it would prioritise much of its $1 billion (€900 million) funds to curb plastic waste in Southeast...

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Magazine: Mixed strategies to get satisfaction

‘Marketing and psychology’ was the title of the presentation László Mérő, professor of mathematics and psychology at ELTE in Budapest and Babes-Bolyai University in Cluj-Napoca, gave at the June meeting...

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Analysts: the rise in wages lays the foundations for retail sales growth

In July, after two months of modest growth, retail business turnover increased dynamically again. The double-digit wage growth predicting continued sustained growth in consumption and retail, thereby remaining an important...

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Nagy István: there is 60 percent higher production potential in Hungarian agriculture

Hungarian agriculture has 60 percent more production potential than today – the Minister of Agriculture said at the opening ceremony of the 32nd Bábolna Farmers’ Day on Thursday. Nagy István,...

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Wine festival at the Buda Castle during the weekend

A wine festival is held this weekend in the Buda Castle: around 160 wineries will be presented at the Buda Castle Wine Festival starting on Thursday. Nagy Gábor Tamás, Mayor...

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There are online advertisements that are welcomed by Hungarian consumers

NetADclick, an online advertising specialist, has surveyed the growing popularity of vegan cosmetics. Well-positioned, informative advertisements are even enjoyed by members of the group – according to a survey of...

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European Commission: VAT losses has been reducing in EU countries for years

The difference between the calculated and the actual amount of VAT collected has been decreasing for years, reaching 137 billion euros in EU countries in 2017 – the European Commission...

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Meat is very expensive in Switzerland

Switzerland is rich – but food costs almost 70 percent more than the EU average – privatbankar.hu wrote. Not to mention meat: its average price is 2.3 times the EU...

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Employment growth in the United States was stronger than expected in August

Employment growth in the United States was much stronger than expected in August – according to data released on Thursday by the ADP Labor Data Processing Institute. The Automatic Data...

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FAO: World food prices dip in August

Global food prices declined in August, driven by sharp falls in the prices of staple cereals and sugar, according to a report issued today by the Food and Agriculture Organization...

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