News and articles

The KKM announces an export promotion program

Ministry of Foreign Affairs and (KKM) announces a 200 million HUF grant application to promote domestic small and medium-sized enterprises on the foreign market – Joó István Deputy Minister of...

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This is how you can replace our ID card, our passport with a smartphone

According to NETLOCK, an e-signature specialist, the digital wallets enclosed in smartphones may soon replace physically existing documents, leather wallets: a breakthrough in digitalization is predicted for 2020. “For years,...

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EBRD: funding for the operating region set a record last year

For the first time since its existence, the European Bank for Reconstruction and Development (EBRD) has provided a record amount of funding in excess of 10 billion euros to its...

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Avian Influenza – Virus infection requires slaughtering of a hen farm in Maramureş

The outbreak of avian influenza virus has required the destruction of a hen farm in Seini, Maramureş county – the Romanian Department of Animal Health (DSVSA) announced on Wednesday. Of...

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Inflation in Germany is on a five-month high

In December, German inflation rose to a five-month high – according to a report released Thursday by the German Federal Bureau of Statistics, Destatis. According to the final data of...

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Retail sales in the United States increased in December

Retail and hospitality sales in the United States increased in December, for the third consecutive month. Except for car purchases, households did not skimp in the last month of the...

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Global PC sales increased after seven years

Global PC sales increased for the first time last year after seven years – according to data from two leading industry companies. US International Data Corporation (IDC), an IT and...

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GSE Hungária: the largest logistic center in Hungary is under construction

The French Auchan chain’s logistics centre is under construction on the field of the Üllő Airport Logistics Center. The nearly 90,000 square meters complex is built by the GSE Hungária...

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Nestlé creates market for food-grade recycled plastics, launches fund to boost packaging innovation

Nestlé today announced that it will invest up to CHF 2 billion to lead the shift from virgin plastics to food-grade recycled plastics and to accelerate the development of innovative...

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SIG Combibloc Sets Target To Limit Global Warming To 1.5°C

Packaging company SIG Combibloc has announced that it has set a new climate target aimed at limiting global warming to 1.5°C. The ‘ambitious’ target places the company among an elite...

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Waitrose & Partners Launches ‘Love Your Gut’ Soups

Upmarket UK retailer Waitrose & Partners has launched a new range of private-label, gut-friendly soups under the brand Love Your Gut. The range has been developed by nutritionists, and presently...

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Minister of Agriculture increased fish consumption in Hungary

The Minister of Agriculture also spoke about the increase in fish consumption on Wednesday at the handover of the Tiszacsege fishing inn restored from the 110 million HUF. Nagy István...

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According to analysts, fuel prices and inflation increased due to Chinese swine fever in December

Analysts explained high inflation in December with the low base effect of fuel prices a year before and the soaring food prices caused by the Chinese swine fever epidemic. According...

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Instead of items, Internet users are now buying experiences as gifts, according to a survey

There was a turnaround in e-commerce at Christmas, with people buying more experience and services instead of items. In the fourth quarter of last year, more than 1,250 billion HUF...

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Promising Hungarian trends in financial awareness

Hungarian financial consumers surveyed inquire first and apply for a loan only when they are really needed. This is how respondents largely answered in the Ipsos MORI study, which was...

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Avian flu: the eradication of the infected duck colony in Hajdú-Bihar county has started

The eradication of the infected duck colony in Létavértes, Hajdú-Bihar county has begun, as poultry flocks infected with avian influenza virus have been found here on Tuesday – Bognár Lajos,...

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Families and fair businesses can count on consumer protection again this year

Consumer protection is present in all fields of life, so last year it focused on family safety and the protection of decent businesses, and will continue to work towards this...

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The Institute for Organic Agriculture is expanding its activities

The Organic Agricultural Research Institute (ÖMKi) expands its team and activities this year, extending its experimentation to the fields of soil quality, digital agriculture and animal husbandry, and continues to...

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The euro area’s foreign trade surplus declined in October

In November last year, the euro area’s foreign trade surplus fell more than expected, according to a report released on Wednesday by Eurostat, the EU’s statistical office. According to Eurostat’s...

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The bank where cheese is accepted as a collateral

If you are a producer or a trader, you know exactly what it is like to pre-finance the production, purchase, storage and any associated costs of the product. Well, so...

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A new passenger terminal opened for low-cost airline passengers at Liszt Ferenc Airport

The new passenger terminal at Budapest Liszt Ferenc International Airport was handed over on Wednesday, where low-cost airline passengers can comfortably wait to board their aircraft; at the same time,...

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KSH: The turnover of commercial accommodation increased by 4.8 percent in November

Foreign and domestic guests spent 2.083 million guest night at commercial accommodation facilities in November last year, 4.8 percent more than a year before – the Central Statistical Office announced...

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MTÜ: continues to renovate the beaches again this year

100 beaches nationwide will receive funding for development and renovation in 2020 from the Hungarian Tourism Agency’s (MTÜ) beach development program launched in 2017 – the agency’s chief executive officer...

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So far, tens of billions of forints have been given to winemakers

So far, investment support of 35 billion HUF has been awarded to wineries in the Rural Development Program – Nagy István, Minister of Agriculture said at the 18th winemaker meeting...

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How are icecream cones being made – Video of the day

Making waffle cones at home is pretty darned easy to do. But when you need to churn out millions of these tasty treats every month, you need some serious industrial...

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FAO: Food and agriculture must play a vital part in reaching a sustainable future

There is a growing realization that food and agriculture must play a vital part in reaching the Sustainable Development Goals and that in this context, FAO provides a neutral forum...

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Instacart sees 2020 as ‘the year of grocery pickup’

Instacart is doubling down on click-and-collect online grocery service with an upgraded Instacart Pickup product and a nationwide rollout to retailers by the year’s end. Currently, Instacart Pickup is available...

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Spar Expands Presence In Spain

Spar has increased its presence in Spain with a series of new store openings and renovations undertaken by its partners, Líder Aliment, Fragadis, Grupo Upper, and Agrucan, in the last...

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Equilor: In 2020, the Hungarian economy will still be able to outperform the eurozone and the region

The Hungarian economy may be slowing down after last year’s dynamic expansion, but its growth may still be significantly higher than the growth of the eurozone and the countries of...

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