News and articles
World’s top cocoa producer expecting high crop despite below-average rains
Good soil moisture content in Ivory Coast’s cocoa regions is helping pods develop well on trees, making for a strong start for the October-to-March main crop despite below-average rains in...
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Iceland develops recyclable paper packaging for frozen food
Iceland has partnered with sustainable packaging specialist Parkside to create one of the world’s first recyclable paper packaging solutions for frozen food. Designed to package the frozen food retailer‘s Northcoast seafood range, the...
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With these tricks, customers may avoid price increases
In 2022, product prices in Hungary skyrocketed. The increase in prices affected food to one of the greatest extents. In many cases, the price of vegetables, fruits and packaged food...
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Modern crisis management: we order a lot of things from China
We order a lot of things from outside the EU, mainly from China – an article by Pénzcentrum points out. When it comes to the gold medal source country, China,...
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EUROPEAN COMMISSION: farmers can get at exemption to produce more food on their lands
At the request of the member states, due to the uncertain global food supply situation, the European Commission will allow farmers in 2023 a temporary exemption from certain crop rotation...
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Craft beer is facing hard times
It is not easy for those who want to thrive in the craft beer business here today: two years ago, the outbreak of the pandemic and closures made it almost...
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We eat more and more sweets
We consume more and more sugar, and low-calorie sweeteners are also gaining more space. A survey by researchers at Deakin University in Australia between 2007 and 2019 shows a 50...
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The Romanian honey crop was literally destroyed by the drought
This year’s honey harvest in Romania will fall well short of the average of previous years, it will not exceed 12-13 thousand tons – Romanian media quoted Ioan Fetea, president...
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Without collecting rainwater, we will not be able to cope with drought in the future
According to the climate researcher, the current devastating drought and 20 persistently hot days are just the beginning, it is hard to imagine what will await us when the temperature...
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Can plant-based really be less susceptible to pathogens?
The growth behind plant-based meat alternatives is partly due to misguided food safety concerns. That’s according to a post from the USDA, which states that while meat dominates the grill, the...
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Investor sentiment in the Eurozone improved less than expected in August
The Sentix economic research institute’s August euro zone investor sentiment index improved less than expected: the professionals interviewed proved to be less pessimistic about the expected developments, but the degree...
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Henkel strengthens strategic positioning with new corporate brand identity
Henkel has strategically evolved and redesigned its global corporate brand identity, together with MetaDesign, the brand consultancy of Publicis Groupe Germany. Henkel strengthens the strategic positioning of the corporate brand...
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The really rough inflation is just coming, some analysts say
Inflation in Hungary may have jumped to 13% in July, according to Portfolio’s survey monitoring analysts’ expectations. In June, the KSH measured an annual rate of price increase of 11.7%,...
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It’s official: from now on, employees have more free time
The European Union guidelines aimed at balancing private life and work must be applied by all member states from August. However, it is not only for this reason that it...
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UPS Healthcare has announced a major international acquisition
UPS announced plans to acquire Bomi Group, an industry-leading multinational healthcare logistics provider. The transaction will add temperature-controlled facilities in 14 countries and nearly 3,000 highly-skilled Bomi Group team members...
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Spanish garlic producers must expect significant losses
Due to the dry weather, the Spanish garlic crop, which accounts for a significant part of the European turnover, decreased by approximately 20%. It will be a difficult season for...
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Due to F1 and the Sziget, tourism in Budapest has picked up
The summer brought a buzz to Budapest reminiscent of the times before the epidemic, and one of the reliable indicators of the revival of tourism is the development of taxi...
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Spanish ports can’t handle the load, how long will sea freight work?
The price of shipping by sea is getting cheaper, which is why the traffic in this field is increasing. Even if only temporarily, this means that the companies are overloading...
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World’s Poultry Congress is launching today in Paris
World’s Poultry Congress opens today for participants at Paris and on the online platform. The WPC2022 professional programme is focusing especially on sustainability and innovation topics....
Read moreEuropean road transport prices break new records
Inflation, weakening demand, social instability and the war in Ukraine are leading to tumultuous developments in road freight prices, reveals the Ti / Upply / IRU Road Freight Rate Benchmark for Q2 2022. For the first...
Read moreSmurfit Kappa Launches Sustainable District Heating Project
The Smurfit Kappa paper mill in Nettingsdorf, Austria, has launched a sustainable district heating project that will benefit 20,000 homes across three communities when completed. The Irish packaging firm outlined that the scheme...
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Quinoa may reverse and prevent prediabetes
Integrating quinoa as part of a regular diet may prevent the development of Type II diabetes because it helps control glucose changes, according to a study coming out of Spain....
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FAO Food Price Index registered a steep drop in July, crisis to stay with us until next year
The FAO Food Price Index (FFPI) averaged 140.9 points in July 2022, down 13.3 points (8.6 percent) from June, marking the fourth consecutive monthly decline. Nevertheless, it remained 16.4 points (13.1 percent)...
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The grapes went well with the table in many ways
The year 2022 is a serious challenge for agriculture due to the drought. However, domestic grape growers also reported positive effects. This year’s heat waves and the decreasing amount of...
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According to analysts, despite the Russian-Ukrainian war, industrial production expanded in June
In spite of the Russian-Ukrainian war, industrial production expanded in June – the analysts pointed out in their analysis sent to MTI, commenting on the latest data of the Central...
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The food crisis will remain with us next year
Global food prices have fallen in recent weeks due to the resumption of grain shipments to Ukraine and recession fears, but experts say the food crisis may intensify next year...
Read moreThe drought is getting worse, but according to the OVF, water needs still be met
The drought is expected to intensify, but national water needs can still be met. In 10 of the twelve water directorates, preparedness to protect against water shortages is in effect,...
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This is the secret behind Kométa 99’s spectacular revenue growth last year
Last year, Kaposvár-based Kométa 99 increased its consolidated net sales by 7 percent to HUF 59.8 billion, the Italian family-owned meat processor announced in its annual report published on the...
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Easter and Pentecost saved domestic tourism in the second quarter
After the capital, Siófok and Eger attracted the most guests in the second quarter, Szallas.hu data revealed. Although the long weekends boosted tourism, the loss of Russian guests due to...
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The drought also affects the price of olive oil
The Minister of Agriculture of Spain, the world’s largest exporter of olive oil, warned that this year’s olive harvest could be in trouble. “If there is no more rain or...
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