News and articles
Hungary fought for support for Hungarian farmers
It was possible to protect the interests of farmers, as the European Commission is supporting Hungarian producers with almost 16 million euros in order to deal with the market difficulties...
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Agricultural companies are also subject to ESG reporting – we show what to prepare for
Protecting environmental values is not only a requirement of regulators and consumers, but also the key to efficient operation due to high energy costs. However, with regard to measures for...
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Jan Linders to sell 10 stores to Jumbo, PLUS and Aldi
Dutch retail chain Jan Linders will sell 10 stores to Jumbo, Plus and Aldi. These stores don’t form part of its franchise partnership with Albert Heijn, and they are expected...
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Minister of Agriculture: the EU supports the producers of five EU countries with 100 million euros
The European Commission is supporting the producers of five EU member states with 100 million euros, who stood united to protect Europe’s internal markets from the negative effects caused by...
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Potato cultivation in Hargita County has dropped significantly
Fewer and fewer small producers are engaged in potato cultivation in Hargita County, so the area of potato fields has decreased significantly, said Zsolt Ronfeld, head of the Hargita County...
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GVH: The European Law Academy is holding an international seminar in Budapest
The European Law Academy (ERA) holds its two-day training in Budapest together with the Economic Competition Authority (GVH); the training seminar covers the topic of investigations and raids by the...
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The national chief veterinarian has abolished the mandatory confinement
Thanks to the favorable development of the epidemiological situation, Dr. National Chief Veterinarian Szabolcs Pásztor withdrew the regulation on keeping poultry indoors. It is important, however, that the obligation to...
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The EU proposes to mobilize 430 million EU funds to support the agricultural sector
The European Commission proposes to mobilize 430 million euros in EU funding for European agricultural producers affected by adverse climate phenomena, high input costs and various market and trade problems,...
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Lipton chills out with popsicles
While Lipton is best known for its tea, the beverage is entering the frozen treats aisle with popsicles. Lipton said its Pops of Sunshine — Green Tea Citrus and Peach...
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Nine out of ten farmers are sensitively affected by the development of purchase prices
Today, an average farmer is most afraid of the development of purchase prices, the increase in costs related to production, and the perceived difficulties of the administration related to the...
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The price of wheat rose to an almost four-month high on the Chicago Grain Exchange
Wheat prices rose to about a four-month high in Chicago due to Saturday’s events in Russia and drought in parts of the United States. On the Chicago Stock Exchange (CBOT),...
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Smurfit Kappa Invests $12m In Mexican Plant
Packaging firm Smurfit Kappa plans to invest $12 million (€11.1 million) in its Mexican plant at Tijuana. The company has operated in Mexico since 1957 and has had a presence...
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Billa Bulgaria Earmarks €16m For Store Renovations
Billa Bulgaria is investing over BGN 32 million (€16 million) in renovating its stores during 2023. The overall renovation of the stores includes the construction of new entrance areas; the...
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Most of the Hungarian county goes to Germany
This year’s cherry season has started with the picking of the early varieties. Juicy, high-quality fruits are also on offer this year – draw attention to the National Chamber of...
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Magyar Túródesszert
In May 2023 Alföldi Tej Kft. appears on store shelves with the latest products of the company’s flagship range, Magyar Tej. This cottage cheese dessert contains soft pieces of curd,...
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K&H: only a third of young people in their twenties feel that they are valued at work
Working young people who feel that their work is valued are still in the minority, according to the K&H youth index, which examined the situation of employed members of the...
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Automation, private labels and veganism – international retail in 2022
Workforce shortage? Automation! This article is available for reading in Trade magazin 2023/6-7. In 2022 the workforce situation in FMCG retail wasn’t any better than in the previous year: both...
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K&H: SZÉP card purchases can stop the decline in grocery store traffic
According to K&H Bank, purchases with the SZÉP card can stop the decline in the turnover of grocery stores, after it will be possible to buy cold food again for...
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Gergely Gulyás: the food price freeze lasts until August 1
The government will extend the food price freeze until August 1, after which the measure will end, the minister in charge of the Prime Minister’s Office announced on Thursday in...
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Shopping on the beach, garden cinema in the department store – reverse summer with Tesco
Experts expect excellent water quality and a super season at Lake Balaton this year, for which Tesco, like in previous years, is making special preparations. The supermarket chain uses extra...
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Coca-Cola HBC further strengthens its 24/7 beverage partner strategy by acquiring Finlandia vodka from Brown-Forman
Coca-Cola HBC AG (“Coca-Cola HBC“) is pleased to announce that it has reached an agreement to acquire Brown-Forman Finland Oy (“Company“), owner of the Finlandia vodka brand (“Finlandia”), from Brown-Forman...
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Credit insurance company: the rate of late payments increased by twenty percent in trade between Hungarian companies
This increase means that 40 percent of intercompany (B2B) invoices were paid after the deadline by Hungarian customers in the past 12 months. Among other things, this is stated in...
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Abuse of Auchan’s name
In the last 2 days, attackers on behalf of Auchan sent phishing messages widely from an e-mail address linked to Auchan. The security breach that caused the incident is still...
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The country’s first McDonald’s is closing
Hungary’s first McDonald’s restaurant, the Régi posta utca unit, will be renewed in almost every element on the occasion of the 35th birthday of the Hungarian company. Special quality interior...
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Edinburgh and Stockholm could do a lot for reducing pollutant emissions
Food sustainability expert Dr Joseph Poore has revealed: if Edinburgh and Stockholm both turned vegan, emissions would drop to the equivalent of removing a bit less than 1.5 million cars...
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Kroger stops mailing paper promotional leaflets
Kroger is phasing out its printed weekly ad circulars in markets across the country and switching over to a digital format. Physical copies will still be available in-store, but the...
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The Women’s Marketing Section of the Hungarian Marketing Association was established
On June 20, 2023, the Women’s Marketing Section of the Hungarian Marketing Association (MMSZ) was established. The new division of the professional organization, which has been doing dedicated work for...
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Legal drone plant protection is on track: new obstacles have been cleared
The personal conditions related to legal drone plant protection can now be fully met. Nébih published the list of crop protection drone pilots on its website. The current situation and the...
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MNB director: inflation is falling due to both external and internal processes
The rates of price increases are decreasing on a global level, and in addition, internal demand and economic policy are also pointing in the direction of disinflation in Hungary, so...
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MA-HAL and MBH Bank are working together to strengthen the fishing sector
The Hungarian Aquaculture and Fisheries Association and MBH Bank entered into a strategic cooperation. The main goal of the agreement is more efficient bank financing of Hungarian fish farming and increasing...
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