News and articles
WHO: egg and meat prices decreased compared to last year
According to the data from the beginning of June, the price of eggs at the packaging site and the producer price of slaughter pigs and chickens decreased compared to the...
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KSH: gross average earnings were HUF 645,300 in April 2024, 13.5 percent higher than a year earlier
In April 2024, the gross average salary of those employed full-time was HUF 645,300, and the net average salary calculated with allowances in mind was HUF 444,000. The gross average...
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Hungary in the middle of the EU ranking for fruit and vegetable consumption
Freshfel Europe’s latest figures show that Hungary suffered the biggest drop in fruit and vegetable consumption in 2022. This article is available for reading in Trade magazin 2024/6-7 Freshfel Europe’s...
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The deadline for NIS2 registration will expire in a few days – many companies may be in for an unpleasant surprise
There are only a few days left to enter the register for those domestic companies covered by NIS2, i.e. the revised EU cyber protection directive – points out EY. The...
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Lezárult az idei mobil-visszagyűjtő kampány az Auchanban
This year, Auchan Hungary also joined the KÖVET Association, the Jane Goodall Institute and the Protection Association “Pass back, Bro!” for your mobile phone recycling campaign. For one month between...
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Revolut is planning to blow up big
One of the leading players in the field of digital banking, Revolut, is preparing to sell shares worth 500 million dollars, with which it intends to increase the value of...
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Do Hungarians like Heineken the most?
According to the latest Pénczenrum poll, Heineken’s beers are still the most popular among readers, although Dreher is not far behind. Borsodi is in third place, but significantly behind, while...
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The Hungarian melon season at ALDI started earlier and will continue this year
ALDI Hungary provides Hungarian producers with even more sales opportunities. This year, he started offering Hungarian melons in his stores about two weeks earlier than usual. Cantaloupes will arrive in...
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The impact of extreme weather: the cherry harvest in Hungary has decreased
According to the latest analysis of the National Chamber of Agriculture (NAK) and the Hungarian Fruit and Vegetable Association (FruitVeB), this year’s cherry harvest may be significantly lower than average...
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The market leader Tranzit Group awaited every Debrecen resident with scrambled eggs made from 75,000 eggs
600 liters of oil, 70 kg of table salt and 2.2 kg of ground black pepper; and of course 75,000 hen’s eggs – this recipe was needed to prepare the...
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V4 agricultural chambers: a change of direction is needed in EU agricultural policy
The agricultural policy of the EU must change radically, otherwise the agriculture of the union will be in a hopeless situation – the agricultural chambers of the V4 countries emphasize...
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Czech and Romanian investors take over the Hungarian e-commerce market
The sale of the Hungarian family-owned Foxpost parcel vending machine network brought about a significant change in the Hungarian logistics and e-commerce sector. Wallis Group and private equity fund manager...
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Agrometeorology: dry weather favors harvesting
The mostly dry weather of the past few days favors the harvest, but the heat is not good for the ripening wheat either – HungaroMet Zrt. wrote in its agrometeorological...
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Many catering establishments sabotage card payments
The case of a cafe in Budapest raises the debate about card acceptance once again: the owner of the cafe charges a surcharge of HUF 60 to those who want...
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AI already pays attention to feelings in customer communication
Japanese tech giant SoftBank has embarked on a new project based on voice-modifying artificial intelligence to filter out angry tones from customer phone calls. The project, described by the Financial...
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Regina Végtelen 4-roll toilet paper
Discover the new “endless” Regina Végtelen 4-roll toilet paper! Launching in July 2024, each roll of this product has more than three times the amount of soft paper compared to...
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NGM: fuel prices remained below the average of neighboring countries
Fuel prices remained below the average prices of neighboring countries, and in order to protect families, the government continues to continuously monitor the evolution of prices – the Ministry of...
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Cherry growers expect a smaller than average harvest
The cherry season is in full swing, but due to the extreme spring weather, a smaller harvest than the average of previous years is expected. However, lower yields are not...
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A croissant can cost up to HUF 2,500 in a luxury bakery in Budapest
The pricing and economic model of luxury bakeries in Budapest has been a topic in consumer circles for years. Recently, more and more people decide to pay the price of...
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The perfect harmony of Italian ice cream and coolness
Italian ice cream, more commonly known as gelato, is not just a simple sweet, but a pinnacle of culinary art that has been perfected for generations in Italy. This summer...
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From autumn, MATE will start specialized further training for fruit and vegetable processing engineers and consultants
In September, the Institute of Food Science and Technology, located on the Buda Campus of the Hungarian University of Agricultural and Life Sciences, welcomes those interested in fruit and vegetable...
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Come on, Hungarians, come on, champions, fans! – this is what the limited series Unicum soccer bottle encourages
In May 2024, Zwack Unicum will present a uniquely packaged soccer bottle. The brand celebrates the unforgettable football legends, the exciting moments of the matches and the joy of cheering...
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An American private equity fund bought the company behind the Sziget Festival
The American private equity fund KKR bought the company Superstruct Entertainment for more than HUF 600 billion, which organizes 80 other European and British festivals in addition to the famous...
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The export price of raw milk was 19 percent lower than the average producer price
The producer price of raw milk expressed in national currency in April 2024 did not change in the USA, decreased by 3 percent in the European Union and 5 percent...
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Tesco installs anti-theft smoke machines at high-risk stores
Tesco has introduced smoke machines in some of its stores to prevent people from stealing goods outside of opening hours. The supermarket chain uses 4ft-high security devices in some shops...
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István Széchenyi University has signed a strategic agreement with a Czech agricultural company
István Széchenyi University has entered into a strategic agreement with Prague-based Agrofert, one of Central Europe’s leading agribusinesses, the university announced to MTI on Thursday. Within the framework of the...
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GenAI’s impact on retail unfolding faster than expected
Retailers now leverage GenAI for a competitive edge in communications, marketing, and operations. The impact of generative AI (GenAI) is inevitable and will disrupt various sectors, including retail, according to...
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The risk management of producers can only be improved through cooperation
On June 20, 2024, the Agricultural Economics Institute (AKI) hosted the workshop entitled “Experiences of the agricultural risk management system in 2023” for the tenth time. After presenting the results...
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Lactalis to shut another dairy plant in Romania
The French dairy giant has largely grown its Romania operations through M&A, with twin deals in 2016. French dairy major Lactalis plans to close a factory in Romania acquired through...
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Generation Z has grown up: it’s time to break down stereotypes
Generation Z, once characterized by the stereotype of “gamer kids”, is now emerging as mature adults in joint research by GWI and Publicis Groupe CEE. It is time to reevaluate...
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