News and articles

Food inflation: Rice under pressure, prices expected to boil over

Severe disruptions in global rice suppliers combined with a soaring demand for the grain could break the fragile balance between supply and demand, leading to price increases and, once again,...

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Ferrero to build strategic R&D laboratory in Chicago

Ferrero plans to build an innovation centre in Chicago. The new 4,180m² laboratory will bring together Ferrero’s R&D teams from across the USA. About 170 people will work in the new...

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Report on the 2022 corn seed situation

The 2022 corn cultivation and seed propagation were basically determined by the lack of rainfall and the heat. In some regions, after July 2021, there was no significant rainfall during...

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Prime Minister’s Cabinet Office: the protection of the domestic and European honey market is extremely important

The protection of the domestic and European honey market is extremely important, the Prime Minister’s Cabinet Office told MTI on Friday. According to the announcement, beekeepers, like all actors in...

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Three Quarters Of Consumers Have Scanned A QR Code On A Food Or Drink Produc

Some 75% of consumers say that they have scanned a QR code on a food or drink product, with half doing so regularly, a new study by market research firm...

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Smurfit Kappa Acquires PaperBox, Rio de Janeiro Packaging Plant

Smurfit Kappa has announced that it has acquired PaperBox, a packaging plant located in Rio de Janeiro, Brazil. According to the paper-based packaging firm, the transaction – subject to the...

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Euro Zone Inflation Confirmed At 9.1% As Energy, Food Prices Surge

Euro zone inflation hit another record high of 9.1% in August, EU statistics office Eurostat confirmed on Friday, driven by sharply higher energy and food prices, and was likely headed...

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Government information: the food price cap remains

The government held an all-day meeting on Saturday, but the most important decisions were made already in the morning, said Gergely Gulyás at the extraordinary government briefing on Saturday, which...

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Lidl customers have been shifting their grocery shopping to Aldi in UK

Lidl customers have been shifting their grocery shopping to Aldi as £8.1 million of spend has switched over to the rival discount retailer in the 12 weeks to 4 September. The figure...

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EU Parliament wants to extend the new law

Members of the European Parliament have backed a proposal for a law that would ban the sale of agricultural products linked to deforestation. Once the law is approved, businesses will be required...

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The agricultural chambers of the v4 countries call for united action in order to overcome the historic challenges facing the sector

At their meeting in Prague, the agricultural chambers of the V4 countries called on the European Commission to review the “Farm to Fork” strategy. In their opinion, the measures planned...

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Lidl Portugal to install Locky parcel lockers in 100 stores

CTT Group’s new locker company Locky and Lidl Portugal have agreed to partner for the installation of 100 lockers in 100 Lidl stores until the end of 2022. Customers can...

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Evian sparkling water was the British favourite this summer

Evian Sparkling water has been named the best-selling FMCG item according to their July sales data, contributing over £740,000 to the total waters category. Following the Evian Sparkling launch earlier this year...

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Pek-Snack vegan hot dog

The classic Pek-Snack hot dog with ketchup is now also available in vegan variant! Vegan Hot-Dog is the first vegan product from Pek-Snack, which is perfectly in line with the...

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Your restaurant, my future

In the last 10 years culinary trends also started going in a sustainable direction. What does running a restaurant sustainably mean? Sourcing is essential, as according to a life cycle...

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Many companies are are turning cloud computing to save money

In many ways, Hungary is the market leader in the region in cloud services. Cloud computing is typically fueled by the desire to reduce costs, a new research shows. In...

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Coca-Cola HBC Hungary plans to produce five percent more mineral water this year

Coca-Cola HBC Hungary plans to produce five percent more mineral water this year, last year around 100 million liters of water were bottled at the company’s factory in Zalaszentgrót, which...

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The future of the Hungarian food industry is in focus

The population needs safe and high-quality Hungarian food. For this, it is necessary to ensure the conditions, such as continuous industry communication, changing regulations that adapt to market needs, or...

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M&S stops putting best before dates on fruit and vegetables

Marks & Spencer is removing best before dates from the labelling of over 300 fruit and vegetable SKUs, which comprise 85% of its fresh-produce offering, in order to reduce food...

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A pizza could soon cost HUF 4,000

The costs of pizzerias have also increased drastically, so more and more pizzerias are forced to raise their prices. According to a recent article by Pénzcentrum, we will soon no...

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It’s important to deliver safe domestic food to consumers

It’s important for the Hungarian government that safe domestic food reaches consumers, and the existence of farmers’ markets helps this – emphasized Márton Nobilis, the State Secretary responsible for the...

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K&H: sharp increase in traffic for smart device payments, but this is only the beginning

Although it would be too early to retire physical bank cards, in the longer term there is a good chance that smart device payments will decline, as they are showing...

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Dunapack works mainly from recycled paper, and the supply of raw materials is guaranteed

Dunapack decided two years ago to build the group’s most modern corrugated packaging plant, as always, considering sustainability as key to future business development. The gradual ramp-up of production will...

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Many people launch new companies in Dubai after KATA

The changes in the itemized tax of low-tax businesses, i.e. the kata, encourage many involved entrepreneurs to rethink their operations and how they could continue their activities so that the...

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The purchase price of elderberry fell to a quarter of last year’s price

Instead of last year’s price of 600-800 forints, buyers are offering only 150-200 forints for a kilogram of elderberry this year, despite the fact that due to the severe drought,...

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The plum season is in full swing: despite the spring frost and the summer drought, the harvest is close to average

The European Fresh Team – the educational program of the National Chamber of Agriculture promoting the consumption of vegetables and fruits – and its athlete ambassador, Attila Valter, got to...

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Italian farmers are in trouble, Italian food specialties may disappear from the shops

Italy’s largest farmers’ union, Coldiretti, says immediate measures are needed to save the agri-food industry. The organization invited Minister of Economy Daniele Franco and Minister of Economic Development Giancarlo Giorgetti...

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The environmental assessment document of the KAP Strategic Plan can be commented on

The Ministry of Agriculture released the KAP Strategic Plan’s environmental assessment document for public debate. Deadline for comments: October 3, 2022. The Ministry of Agriculture prepared the KAP Strategic Plan,...

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The cabinet can decide the fate of the price cap as early as this weekend

Will the price cap remain or will a new world come from October? According to VG, there is a good chance that the cabinet will meet this weekend. Next week...

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There is a huge shortage of sugar in domestic stores due to the price cap

Granulated sugar has been in short supply in many stores for weeks – we learn from RTL Híradó. In a chain store in Budapest, they don’t even know when they...

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