News and articles
Vegan strongman Viktor Jakab finished second in the CESA competition
On 29 April the 2nd round of the Central European Strongman Association’s (CESA) STRONGMAN LEAGUE was organised in Bodrog, where vegan strongman Jakab Varga finished 2nd. The athlete has been following...
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The MSZP urges a VAT reduction for food and energy services
The MSZP urges the reduction of the general sales tax (VAT) on food and energy services to five percent. László Varga, the deputy president of the MSZP, said at a...
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Metro AG Extends Contract Of CEO Steffen Greubel By Five Years
The supervisory board of Metro AG has announced it has extended the contract of chief executive Dr Steffen Greubel for another five years. This means that Greubel will hold the...
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Belgian Government Orders Food Industry To Lower Supermarket Prices
The Belgian Federal Minister for the Economy, Pierre-Yves Dermagne, has given a mid-July deadline for food producers to bring down supermarket food prices. “It is not acceptable that when prices...
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Bunge and Viterra agree mega-merger to form global agribusiness powerhouse
Bunge has entered into a definitive agreement with Viterra, together with certain affiliates of Glencore PLC, Canada Pension Plan Investment Board and British Columbia Investment Management Corporation, to merge with...
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Energy independence is also important for agriculture
Anikó Juhász, Deputy Secretary of State responsible for agriculture, during his professional visit to Olawa in Poland, spoke about the changes and crises affecting agriculture, that all these highlighted that...
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Pure Milk yogurt
Alföldi Tej Kft. rolls out a new yogurt brand, called Pure Milk. The Pure Milk portfolio includes a classic essential range, and Pure Milk+ products that fit into the health...
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You can also buy cold food from the SZÉP card, your limit will be increased by 200,000
Gergely Gulyás Gulyás discussed the following topics at Monday’s Government Information: Starting in July, a price ceiling will be introduced on businesses’ electricity bills, amounting to 200 euros for each...
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Shops adrift at the sea of costs
2022 was a difficult year for stores. Amidst the depressing inflation, families kept cutting back their spending month by month in the second half of the year, in terms of...
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Demand for Pápai Hús meat-free products doubles every year
Meat substitutes make up two percent of the products at Pápai Hús, but the demand for them doubles every year. At the end of summer, a new product made based...
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Survey on the Hungarian consumption of plant-based foods
In April Danone and NMS did a representative survey, which revealed that today the main reason for eating plant-based food is health, but only 8% of consumers are forced to...
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SPAR and the Hungarian Maltese Charity Service deliver the saved food to those in need
SPAR Hungary has been a strategic partner of the Hungarian Maltese Charity Service for more than a quarter of a century and cooperates with the organization that helps disadvantaged people...
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According to a survey, the number of people planning a trip increased this year
According to a representative survey commissioned by ALDI’s online travel platform, the number of people planning a trip increased this year; about 60 percent of travelers go domestically, almost 30...
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A lifeline for digitizing companies: instead of outsourcing, it is worth borrowing expertise
According to recent reports, the technology industry already accounts for 35% of the entire world market, while innovations appear every day that turn entire segments upside down. Even companies with...
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EY: The number and efficiency of tax audits increased significantly last year
NAV is knocking on more and more doors: after years of stagnation, not only did the number of tax audits increase last year compared to the 2021 data, but the...
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The nationality ratio among foreign workers seems to be reorganizing
In the coming years, it is necessary to increase the number of employees by about 500,000 people, and for this the employment of foreign workers is essential – highlights Magdolna...
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ChatGPT receives a challenger
The world’s number one open source Large Language Model (LLM) has been publicly introduced and widely available. Falcon 40B, which has a capacity of 40 billion parameters and was trained...
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SPAR expansion in Croatia
SPAR continues to invest in the expansion of its retail network in Croatia. In April 2023 SPAR invested over EUR 4m in a cutting-edge INTERSPAR hypermarket in Kukuljanovo. The new...
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Lidl Introduces New Packaging For Strawberry Range
Lidl has introduced new packaging for its strawberry range. The discounter explained that this industry-first packaging update will result in 9.3 tonnes of plastic, or the equivalent of 375,000 bottles,...
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Coca-Cola HBC To Buy Finlandia Vodka Owner
Coca-Cola HBC AG said that it plans to buy Finlandia vodka brand owner Brown-Forman Finland Oy from Brown-Forman Netherlands BV for $220 million (€201.2 million), as the bottler expands its...
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Italy’s Agriculture Lobby Calls For Less Foreign Wheat To Save Farmers, Pasta
Italian farmers and consumers are demanding that the government limit foreign durum wheat imports to keep domestic producers in business and ensure greater food security. Prime Minister Giorgia Meloni has...
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Tanqueray Rangpur Lime and Tanqueray Blackcurrant Royale
Tanqueray Rangpur Lime and Tanqueray Blackcurrant Royale combine the classic gin with the flavours of special regions from different parts of the globe. Rangpur Lime is the exotic mixture of...
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Uber to cease food delivery in Italy, exit Israel
Uber said it will shut its food delivery business in Italy and exit Israel, where it has not built sufficient market share. The moves were “in line with our efforts...
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K&H: how much do Hungarians spend on vacation?
Hungarians planning a vacation this year spend an average of HUF 296,000 on vacation, compared to HUF 247,000 a year earlier, according to K&H’s first quarter survey, which examined the...
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According to a survey, career starters want a salary of half a million forints
Since last year, the wage demands of career starters have increased significantly, those between the ages of 18 and 25 now want a salary of around half a million forints,...
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János Áder: modern agriculture also offers attractive opportunities for young people
Hungary can stand out in agriculture with products of premium category or with added value, which make the future attractive for young people with state-of-the-art technologies – says János Lázár,...
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Intimate hygiene: only comfortably!
According to NIQ data, the total menstruation product market grew in both value and volume, from 2021 to 2022. This article is available for reading in Trade magazin 2023/6-7. ...
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BDO: The regulation on mandatory corporate sustainability reporting is already on the finish line
In April 2021, the European Commission adopted a legislative proposal for the Corporate Sustainability Reporting Directive (CSRD). This proposal requires covered companies to report in accordance with the European Sustainability...
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GVH: it may be illegal to pass on the manufacturer’s waste management fees to customers
From the point of view of competition law, the co-ordinated passing on of the waste recycling fees charged to the manufacturer and, in the case of foreign production, the distributor,...
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Safety of supply is the biggest priority
Promising results This article is available for reading in Trade magazin 2023/6-7. Dr Beáta Felkai, deputy state secretary of food chain supervision at the Ministry of Agriculture gave an interview...
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