News and articles
Unchecked, Ukrainian honey arrives at Hungarian extraction plants at dumping prices
The turnover of honey produced by domestic producers fell significantly last year, which not only puts beekeepers in a difficult situation, but also makes pollination in agriculture questionable in the...
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Consumer demand remained balanced, and Fitch upgraded its global economic growth forecast for this year
The international credit rating agency Fitch Ratings has upgraded its forecast for this year’s global economic growth, based on the positive impact of the lifting of Chinese coronavirus restrictions and...
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Lindt & Sprüngli products will be more expensive
The Swiss chocolate manufacturer Lindt & Sprüngli announced that it closed 2022 with a pre-tax profit of 569.7 million francs (217 billion forints), which represents an increase of 16.1 percent...
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Fidelity: Rapid reopening is underway in China, geopolitical fears persist
Since the amendment of the Covid regulations last year, we have witnessed a sudden and rapid reopening in China. High-frequency indicators, such as the frequency of traffic jams, ticket office...
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Sugar rose in price the most in Romania, by 63.56 percent
In Romania, after a two-month slowdown, the inflation rate rose slightly again in February, reaching 15.5 percent on an annual basis, the National Institute of Statistics (INS) announced on Monday....
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Barcelona to tax logistics companies
Barcelona’s City Council aims for 40 percent of online purchases to be delivered to pick-up points instead of at home in 2023. To achieve this, Barcelona introduced an annual tax...
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Waitrose, Morrisons and Co-op turn down lights to tackle energy costs
Waitrose, Morrisons and Co-op have been dimming lights across stores in a bid to cut rising energy costs. According to reporting by the Daily Mail, the UK’s supermarkets alone use...
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Nestlé Unveils Oat And Fava Bean Plant-Based Beverage
Nestlé has unveiled a new plant-based beverage developed from oats and fava beans, which the company says is a ‘first-to-market’ innovation. The Natural Bliss product is described as boasting a...
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Márka Üdítőgyártó Kft. in Upper Lajos spent almost HUF one billion on technological development.
Márka Üdítőgyártó Kereskedelmi és Szolgáltató Kft. has developed its business with a new soft drink production line for almost one billion forints in Felsőlajos, Bács-Kiskun county, the company told MTI....
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Philippe Donnet, CEO of the international Generali Group, received a prestigious award in New York
The Foreign Policy Association presented Philippe Donnet, CEO of the international Generali Group, with the award for corporate social responsibility at the 2023 Financial Services Dinner event. The award was...
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The MNB would consider it important to supervise Revolut Bank as well
In order to protect domestic customers, the MNB urges Revolut Bank to carry out its activities as a domestic subsidiary bank, with headquarters in Hungary and sufficient capital, as an...
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GFM: the daily fee for tax-free domestic postings will increase by three times, and the daily fee for foreign postings will increase by almost two times
From the point of view of the national economy as a whole, the government attaches great importance to the logistics and road transport sector, which is an important and unavoidable...
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A dress made of orange peel will also be presented at the Grow exhibition
Clothes made from sustainable materials, such as orange peels, will also be showcased at Amsterdam’s Fashion for Good Museum Grow pop-up exhibition, which will be on display at the Metropolitan...
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We pay 80 percent more for eggs than at this time last year
In Hungary, we pay 80 percent more for eggs than at this time last year, while in January 2023 the price of eggs in the EU was on average 30%...
Read moreAre the big breweries abusing their dominance over the small breweries?
The Association of Csíki Sör and Small Breweries responded to the authority’s draft report in a harsh open letter to the Economic Competition Authority, at the same time objecting that,...
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Foreign online stores are slowly taking over the domestic market
The proportion of exporting Hungarian e-commerce companies is low, if this continues, several webshops may cease to exist. Compared to regional competitors, the Hungarian economy is characterized by a significant...
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“Salami memories of our generations” – works inspired by PICK are presented by MOME’s graphic designers
There are few iconic products that, even at the mere mention of its name, can evoke pleasant memories, feelings, and moods in members of various generations, and bring them back...
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The price of pork in the neighborhood can skyrocket
The price of pork in Slovakia is spectacularly high, and another price increase is expected in April. “Pork meat can become more expensive by 15-18 percent only in March, with...
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More apples are sold this year than last year
In December, the population consumed 430,000 tons of apples, while in January we already consumed 674,000 tons of apples, i.e. stocks are running out faster and faster – according to...
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Strawberries will remain expensive until May
For a long time, we considered strawberries as a seasonal fruit, and we were already preparing for the beginning of summer to enjoy the inimitable taste experience that this berry...
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Szallas.hu: pre-bookings for Easter increased by 17 percent compared to the previous year
Reservations for the four-day Easter long weekend increased by 17 percent compared to the previous year, Szallas.hu told MTI on Friday based on its own data. They added that there...
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The Hungarian Logistics Association and Trenkwalder concluded a cooperation agreement
On March 9, the Hungarian Logistics Association (MLE) and Trenkwalder signed an agreement on strategic cooperation at a conference jointly organized by the two parties. The highlight of the event...
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Organic 2.0
The US Department of Agriculture National Organic Program (NOP) issued the Strengthening Organic Enforcement (SOE) Act in January after publishing the proposed rule two years earlier. The new rules governing...
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Delhaize to sell all Belgian stores
Belgian supermarket chain Delhaize has announced it wants to sell all its integrated supermarkets in Belgium to independent franchisers. In doing so, the chain aims to become more profitable in...
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Carlsberg Group Plans To Expand Regenerative Barley Usage Across Brands
Carlsberg Group has announced that it is making progress on its goals to transition towards regenerative farming across its global supply chain. The Danish multinational brewer said it is ‘taking...
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A publication presenting the details of the Agro-ecological Program has been published
The Agro-ecological Program (AÖP) is perhaps the most important new support element of the I. pillar support framework defined by the Strategic Plan of the Common Agricultural Policy (KAP) starting...
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You can still enter this year’s Brillante distillate competition
Entries for the Brillante – 2023 International Pálinka and Distilled Competition have started, the event has been a companion event of the Gyula Pálinka Festival for years. This year, the...
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New Mizo Túró Rudi with 0% added sugar
Mizo Túró Rudi with 0% added sugar is now available in shops. This dairy snack is a really light treat, so that anyone can enjoy it even when following a...
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Booming vegan beauty product market
In 2021 The Vegan Society published a study in the United Kingdom, which found that 56% of shoppers would like to see more vegan-verified cosmetic and toiletry products in shops....
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This year is all about values: food and drink trends in 2023
Plant-based food: ups and downs According to Forbes, the 10% drop in meat substitute sales, together with the price of shares in Beyond Meat falling from USD 108 to 12,...
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