News and articles
After the end of the price cap, a large increase in food prices is still expected this year
The guests of ATV Start were Katalin Neubauer, Secretary General, Hungarian National Trade Association and András Máhr, Deputy Secretary General, National Association of Agricultural Cooperatives and Producers, and the topic...
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Generation Z spends three times as much on Valentine’s Day as on any other day
Generation Z spends more than three times as much as on an average day. Men born before 1964 typically do not spend money on Valentine’s Day gifts, on the other...
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Is potato milk the new dairy alternative?
Two new brands are aiming to replace cow’s milk with potatoes, creating foods that rival traditional cheeses and dairy products. Vegan cheese has been around for a while. They are...
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Lidl announces a price stop on 200 products
Lidl Hungary has reduced the prices of nearly 200 products since the beginning of the year. Thanks to the measure, the affected products can be purchased up to 25 percent...
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The production of food, beverages and tobacco products decreased by 4.8 percent in December 2022
In December 2022, the volume of industrial production exceeded the previous year by 2.0 percent. Adjusted for the working day effect, production rose by 5.7 percent. The significant difference compared...
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2022 was a year of extremes in the global takeover market
In 2022, we experienced a serious upswing in the Hungarian takeover market, and within that also in the field of private equity investments. The uncertain geopolitical situation, the continuously rising...
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KSH: The production of food, beverages and tobacco products increased by 6.6 percent in 2022
In 2022, compared to the previous year, industrial production expanded by 5.8 percent, following the 9.5 percent increase a year earlier. Within this, among the three branches of the national...
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NAVIGATOR Investments Nyrt strengthens with a new Sales and Marketing Director.
From February 2023, Pintyőke Marcell will hold the position of commercial and marketing director of the NAVIGATOR Group. From November 11, Iringó Novák will assume the position of Indotek Group’s...
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They are developing vegan salmon fillets and crab cakes
Two Canadian startups will get government help to further develop the technology needed to produce the next generation of vegan seafood. Toronto-based startup New School Foods has received funding from...
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In Auchan’s Green Weeks campaign, sustainable products were featured in stores for two weeks
In Auchan’s Green Weeks campaign, sustainable products were featured in stores for two weeks. Many terms and trademarks are used to classify products on the label or packaging, and it...
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The package delivery company Packeta sees an expanding market opportunity in Hungary
The international logistics service company Packeta sees an opportunity for expansion in the Hungarian market; with the further development of fixed-point parcel delivery – parcel points and parcel machines –...
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100 exhibitors at the 45th Utazás exhibition
100 exhibitors from 30 countries await visitors at the Hungexpo Budapest Convention and Exhibition Center from February 23-26. between at the 45th Travel exhibition and at the same time at...
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Sesame allergy: the new regulation does not work
Sesame seed has been added to the official list of allergens in the United States, which means it is subject to specific food allergen regulatory requirements, including explicit ingredient labeling...
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In December, catering turnover increased by 4.3%
In December, the volume of catering turnover increased by 4.3% after the 2.8% increase in November, while its sales revenue increased by 36.9% as a result of significant price increases,...
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Collection of used cooking oil at OMV filling stations
Used cooking oil is still not properly treated in many households. Cooking oil that is no longer suitable for food use is considered hazardous household waste, and it can also...
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GVH would help the operators of the hospitality industry by making it easier
The Economic Competition Authority (GVH) has concluded its sectoral investigation launched to analyze beverage purchases by catering establishments. The national competition authority made use of several proposals for the actors...
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K&H: Can every fifth company pull down the curtain due to high energy prices?
Inflation and the continuous rise in energy costs are causing more and more problems for companies. Companies try to compensate for the latter primarily by limiting heating, reducing lighting and...
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Development in the vegan beauty market is explosive
A new study released by the UK’s leading vegan charity has revealed that interest in vegan beauty products is at an all-time high after growing steadily over the past 10...
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Waberer’s is building its new logistics center in Ecser
Waberer’s International is building a 47,000-square-meter logistics center in Ecer to serve its expanding clientele. The investment is worth HUF 18 billion, which the company is financing from its own...
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The love stays, the card goes – what to do with the waste generated on Valentine’s Day?
The first Valentine’s Day card in Great Britain is believed to have been sent by Charles, Duke of Orleans to his wife in 1415, and the first commercial Valentine’s Day...
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Coca-Cola Europacific Partners hits milestone at £1m charitable donations in 2022
Coca-Cola Europacific Partners (CCEP) has hit a milestone with almost £1 million invested in charitable donations through its community and volunteering initiatives last year. Almost £200,000 of this went directly...
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Japan legalises self-checkout alcohol sales
Last week, Japanese Minister of Digital Affairs Taro Kono announced that stores would now be permitted to sell alcohol and tobacco through self-checkout registers, without a clerk checking the customer’s...
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Aldi Unveils New Regional Headquarters And Distribution Centre In Alabama
Aldi USA has opened its new regional headquarters and distribution centre in Loxley, Alabama. The 564,000 square-foot facility is equipped to supply goods to stores across Louisiana, Alabama, Mississippi and...
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The German and Hungarian agricultural economies are linked by a thousand threads
Germany is traditionally Hungary’s most important economic partner in the agricultural sector as well – stated Minister of Agriculture István Nagy, who received German Ambassador Julia Gross in his office...
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On an annual basis, food prices slowed in January, but shopping did not become cheaper
Food inflation in Hungary decreased from 44.8 percent in December to 44 percent in January in an annual comparison. The slowdown is primarily the result of base effects – pointed...
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KSH: Poultry meat and bread cost 2.8 and 2.7 percent more compared to the same month of the previous year
In January of this year, consumer prices exceeded a year earlier by an average of 25.7 percent, the Central Statistical Office (KSH) announced on Friday. Over the past year, household...
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Márton Nagy: inflation will be single digits by the end of the year
According to expectations, inflation will decrease from next month and will be in single digits by the end of the year, the Minister of Economic Development said on the government’s...
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Let’s eat less, eat worse! – is this really the only thing left?
The retail sector ended the year 2022 with an extremely poor performance, according to the KSH, in December food retail trade showed an 8.3 percent decline on an annual basis....
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Food is that much more expensive if you have it delivered to your door
Sorry, this entry is only available in HU....
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Super Bowl brought in additional revenue this year due to increased food and beverage sales
In 2023, the most important event in the American sports economy, the final of the American football championship on Sunday, the Super Bowl, will bring in record revenues in 2023,...
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