News and articles
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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Inflation’s impact on the food shopping of households
Analysing per capita spending data from the Central Statistical Office (KSH), published in 2021, what we see is that in 2020 Hungarian households spent the most on buying food (26.1%)...
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Coca-Cola presents a new, limited-edition soft drink
At the same time as the international campaign, Coca-Cola is presenting the boldest and most diverse flavor of Coca-Cola Creations to date. The campaign was created in cooperation with the...
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Arabica Coffee Prices To Drop 12% As Global Surplus Forecast
Arabica coffee prices are forecast to post an annual drop of 12% in 2023, with a large crop in top producer Brazil expected to lead to a global coffee surplus...
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France To Get New Discount Supermarket Chain
A new French discount supermarket chain – Toujust – is set to open its first store in Alès, in the Gard region, mainly selling private-label products, according to media reports....
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PepsiCo earnings beat expectations as price hikes boost snack and beverage sales
PepsiCo on Thursday reported quarterly earnings and revenue that beat analysts’ expectations, fueled by higher prices for its snacks and drinks. But the company saw volume fall 2% across its food business...
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Good news about non-ÖKO seeds and tubers
Regulation 889/2008/EC of the Commission of the European Union permits the use of seed and potato tubers from non-organic farming in organic farming, if the producers cannot obtain propagating material...
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The Nébih interface for e-GN submission can now be tested
Nébih provides an interface for the submission of the electronic management diary (e-GN), which thus enables the direct submission of data from the farmers’ farm management software. The “connection request”...
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EY: A mild recession, but a sluggish recovery awaits businesses
Companies in Europe have to face a short and mild economic downturn, which is, however, only followed by a slow recovery, reads the international study by EY. The Central and...
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The GVH continues its targeted official actions on the market of durable foods
The Economic Competition Authority (GVH) will continue its targeted official actions on the durable food market, the aim of which is to reveal the distortions of competition in the Hungarian...
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Gergely Gulyás: The VAT reduction of food items did not come up
At Thursday’s government briefing, Gergely Gulyás said that the VAT reduction did not arise, which otherwise significantly lowered inflation in Croatia. And the reason for this is that, according to...
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HELL became ALDI’s international supplier
Supporting the Hungarian agriculture and food industry is extremely important to ALDI Hungary. In 2022, the company organized an international supplier tender for several domestic companies, which were able to...
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The Most Inspirational Leader of the Year Award was presented for the first time
For the first time, PwC Hungary awarded the Most Inspiring Leader of the Year Award based on the opinion of 267 Hungarian CEOs. The award, which was established this year,...
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Joint donation of Schwarz group companies: HUF 400 million in emergency aid for Turkey and Syria
We are deeply moved by the disaster in Turkey and Syria, which is why the member companies of the Schwarz Group, which also owns Lidl Hungary, are providing emergency aid...
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Richárd Révész is Danone’s new head of marketing in Hungary
From January, Richárd Révész will take up the post of marketing director of Danone Magyarország Kft. The leader has 15 years of experience in the FMCG and pharmaceutical industry, and...
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Level up with hams – HERZ came up with a new campaign
Take it to the next level with the renewed Herz hams! – this is the main message of Herz’s latest campaign, the aim of which is to make the renewed...
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Immediate joint assistance to the victims of the earthquake with the cooperation of Tesco and the Ecumenical Aid Organization
Tesco Hungary is contributing HUF 20 million to the humanitarian aid campaign launched by the Ecumenical Aid Organization, which supports families made homeless by the earthquakes in Turkey and Syria....
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Szallas.hu: the number of domestic reservations increased by a third in 2022
Last year, the number of domestic reservations made on the Szallas.hu portal increased by 34 percent compared to 2021, the special periods already reached or exceeded the level of 2019...
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The BMW Group is accelerating its digital transformation
BMW expands its strategic collaboration with SAP to accelerate its digital development. With the introduction of RISE with SAP, the entire SAP system of the group is being transformed. By...
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KPMG: emerging Hungarian companies must publish their sustainability report for the first time in 2026
Up-and-coming Hungarian companies must first publish their reports on their 2025 results based on the European Union’s sustainability reporting system (CSRD) in 2026, the international consulting firm KPMG pointed out...
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Sándor Farkas: the recognition of Hungarian agriculture has never been as good as it is now
The recognition of Hungarian agriculture has perhaps never been as good as it is now – the Parliamentary State Secretary of the Ministry of Agriculture stated on Thursday in Nagymágocs....
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Albert Heijn And BP Open 100th AH To Go Forecourt Store
Albert Heijn and BP have jointly announced that they have opened the 100th AH to go forecourt store. The Albert Heijn to go store at the BP station at the...
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Bacardi buys majority of Jay-Z’s cognac brand, ending legal battle
Bacardi resolved a legal battle with entertainer and businessman Jay-Z by buying a majority of his stake in D’Ussé, the super-premium cognac brand he developed with the alcoholic beverage maker....
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The antibiotic use reporting system is available for the monthly data provision of farms
Veterinarians and their representatives can once again use the system for reporting antibiotic use, which has been expanded with new functions. Wholesalers of veterinary medicinal products with antibiotic active ingredients...
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