Company and Personal News
(HU) Idén két Grapoila olaj is tarolt a Great Tate versenyen
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More hens, less pigs
The number of pigs in Hungary decreased by about 20,000 compared to a year ago, and by nearly 32,000 compared to December last year. The number of hens increased by...
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Hungarian Slow food success in London
Slow Living Hungary has been a huge success at the UK Great Taste Awards – slowliving.hu wrote. The Fekedi Stifolder has become the world’s best & most successful salami producer...
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The after-tax profit of Zwack Unicum decreased
Zwack Unicum’s after-tax profit was 231 million HUF in the first quarter of the 2019-2020 financial year, 53.2 percent less than the 499 million HUF in the base period –...
Read moreThe tobacco industry has to prepare for significant changes according to the head of the BAT factory in Pécs
The growth of traditional tobacco products cannot be sustained, so the tobacco industry must prepare for significant changes – the Managing Director of the BAT (British American Tobacco) Pécs Tobacco...
Read moreThe British Tesco to be restructured
Britain’s largest retailer, Tesco, is redesigning its structure to respond to changing consumer habits – origo wrote after Reuters. Tesco in the UK, will cut some 4,500 jobs at its...
Read moreChina has stopped importing American agricultural products
China has stopped importing US agricultural products following US President Donald Trump’s unexpected order last week to impose additional duties on another Chinese products. Beijing decision-makers were unexpectedly surprised that...
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Most Europeans are optimistic about the situation in the EU
The population of the EU Member States has a much higher rate of positive EU membership in every area from the economy to the state of democracy than at any...
Read moreMore and more students are studying to be field engineers
The program aims to reduce the shortage of skilled field engineers is effective. More than ever students are studying to be field engineers – the National Association of Agricultural Machinery...
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Magazine: Small bites and big bites
Snacks constitute one of the fastest-developing segments in the food industry. The pace of life we live today is so fast that we have meals at different times than in...
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Nielsen: 184 million cans of coke is consumed every year
In excess of fifty billion forints, about 3 million hectoliters of cola was consumed in Hungary between July 2018 and June 2019, representing an increase of more than 10 percent...
Read moreAnalysts: retail sales growth remains decent
Rise in real wages will keep retail sales up, but the pace may decline as more income is spent on services, investments or savings – experts interviewed by MTI commented...
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Agricultural economist: 50 percent less apples have grown, compared to last year
Apple trees last year produced 900,000 tons of fruit in Hungary, and due to the weather, we can expect about half of this amount this year – agricultural economist Fórián...
Read moreBudapest Bank: agricultural businesses are characterized by positive expectations
Hungarian agricultural enterprises are characterized by a positive mood due to the relatively high level of investment and rising demand for agricultural products – according to the Budapest Bank’s Agri-Economic...
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More than 670 million HUF for the cultivation of vegetables
The consortium of the ZKI Vegetable Production Research Institute, the Flóratom Kft. and the Neumann János University won a non-refundable subsidy of 673 million HUF for the breeding of stress-tolerant...
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Nébih: all plant protection machinery must undergo technical inspection within three years
In the future, it will be mandatory to periodically review the technical condition of sprayers, with the aim of registering all the devices within three years – the National Food...
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The US would increase beef exports to the EU
US President Donald Trump signed an agreement on Friday in Washington with EU officials to increase US beef exports to the EU. The deal was signed at a ceremony in...
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Retail sales in the euro area were more favorable than expected
Retail trade growth in the euro area was much higher than expected in June, indicating that household consumption continues to support economic growth through declining export performance. The European Union...
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An American company is exporting rice to China
In July 2019, the Sun Valley Rice of California signed a contract with a Chinese importer, making them the first American company to sell rice to the Asian country –...
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Poor BMI data from the euro area
The Eurozone economy’s weakest performance in three months is indicated by the July IHS Markit Purchasing Manager Index -that was released on Monday by the London IHS Markit Research Institute....
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Tetra Pak becomes first carton packaging company to launch paper straws in Europe
Company will put its paper straw innovations into the public domain to encourage industry collaboration, and will also explore bio-degradable materials. Tetra Pak has today announced that customers have started...
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LG updates Apple-endorsed UltraFine 5K Display with iPad Pro support
LG has announced an updated version of its 27-inch UltraFine 5K Display, the monitor that Apple endorsed as the best option for the current generation of MacBook Pros but which...
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Magazine: So many changes
2018 was a record year for Dachser SE: net sales were up considerably, but the number and volume of shipments also increased a lot. The company recruited more than 1,500 new...
Read moreKSH: retail sales increased by 5.2 percent in June
According to the raw data retail sales grew by 4.3 percent in June. The calendar effect adjusted growth became 5.2 percent year-on-year – the Central Statistical Office (KSH) announced on...
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Watermelon: regular talks between the Chamber and Auchan
During the whole watermelon season, the National Chamber of Agriculture, the Association of Hungarian Melon Producers and the Auchan are in constant consultation. During the exchange of information, the store...
Read moreNebih has expanded the area infected with African swine fever
The area infected with African swine fever (ASP) has been expanded in Hungary, affecting wildlife management units in Borsod-Abaúj-Zemplén and Jász-Nagykun-Szolnok counties – the National Food Chain Safety Authority (Nebih)...
Read moreBudapest was ranked among the best beer cities
CNN ranked Budapest among the 15 best beer cities in the world – index wrote. The Hungarian capital was included among such legendary cities as Portland, Brussels, Tokyo and Berlin....
Read moreThe grain also serves a beneficial purpose
In 2018, more than 5,000 farmers donated in Csongrád County under the Bread of the Hungarians Program. A total of 9,000 kilogrammes of flour could be used for charitable purposes,...
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The age of online marketplaces has arrived
Three and a half thousand sellers offer nearly 1.6 million products in Hungary’s largest marketplace, eMAG Marketplace. The supply will find its demand, as shoppers on the marketplace only last...
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