Market News

We must continue to act in a unified manner against Ukrainian grain dumping

Both the Slovak and Hungarian Ministers of Agriculture agree that the Ukrainian grain import ban should be extended until the end of the year. Head of Ministry István Nagy held talks...

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NAV: almost HUF 100 million worth of food was seized from two tax-evading companies

The National Tax and Customs Office (NAV) uncovered a chain of tax evasion invoicing at two businesses: almost HUF 100 million worth of food was seized. NAV informed MTI on...

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Finally, a truly effective innovation in the natural reduction of cholesterol levels

It is well known that high bad (LDL) cholesterol levels are one of the main risk factors for cardiovascular diseases, one of the leading causes of death in Hungary. Therefore,...

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K&H: the commercial real estate industry in a pioneering role

In the field of real estate financing, K&H enforces its energy efficiency requirements more and more decisively, because this is how it can fulfill its climate protection commitments. Suba Levente,...

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SZÉP card holders spend more on food than on travel

In the first month of this year’s summer season, in July, 40 percent less was spent on accommodation with the Szép card than in 2021, when domestic vacations became free...

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The price of paprika is getting more and more expensive in Hungary

Over the past year, the price of ground paprika in Hungary has skyrocketed, reaching over 8,000 Hungarian forints per kilogram by the end of the summer of 2023. Specifically, premium-grade...

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Hungarians are giving up beer en masse

In Hungary, beer continues to be one of the most beloved alcoholic beverages, but the sharp increase in prices is becoming increasingly worrisome. The rise in beer prices is not...

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Elindult a #PlantHealth4Life kampány

Az Európai Élelmiszerbiztonsági Hatóság (EFSA), az Európai Bizottság (EB) és partnereik az Európai Unió (EU) tagállamaiban elindítják a #PlantHealth4Life kampányt, melynek célja, hogy a növényegészségügyre és annak mindennapi életünkkel való...

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K&H: cashless payment keeps booming

Smart device payments continue to grow rapidly, according to K&H. In the first five months of the year, there were more than 18 million transactions, 75% more than a year...

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Every second Nespresso coffee capsule is recycled in Hungary

Nespresso has been collecting used capsules in its Boutique in Hungary for more than 10 years. This article is available for reading in Trade magazin 2023/8-9. According to the company,...

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Hungarians consume many times the daily requirement of vitamin C, unnecessarily

The human body needs a daily intake of 80 mg of vitamin C, according to the recommendations. In contrast, 40 percent of Hungarians consume 1,000 mg every day – according...

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Nébih: the Szupermenta product test program is celebrating its anniversary

The Supermint product test program of the National Food Chain Safety Office (Nébih) is celebrating its anniversary, the experts have performed more than 215,000 laboratory parameter tests on about 2,180...

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The government protects the interests of farmers by all means

If Brussels does not act, our country will extend the ban on the import of Ukrainian grain after September 15th, Minister of Agriculture István Nagy announced in Sofia, where he...

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Cabbage in the open field costs less than the previous year

According to KSH data, Hungary produced 39.8 thousand tons of head cabbage in 2022, 7 percent more than a year earlier. Hungary’s head and red cabbage foreign trade balance was negative...

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Kagylótenyésztésbe fogott a Colruyt Group Belgiumban

A belga Colruyt Csoport betakarította az első adag kagylót saját északi-tengeri farmján. A bejelentésre 18 hónappal azután került sor, hogy a vállalat megkezdte a belga partoktól mintegy öt kilométerre található...

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Lactalis launches Président into the whipped cream category

As a rival to Conagra Reddi-wip and Kraft Heinz Cool Whip, Lactalis is launching the cheese and gourmet butter brand Président into the whipped cream category. The new French-style Président...

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The tomato, or fruit, is among the vegetables

Tomatoes are the sweetest vegetables. So much so that it’s fruit. We still call it a vegetable, because we treat it as such in the kitchen. We use it for salty...

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Captain Morgan Launches Alcohol-Free Beverage

Diageo has announced the launch of Captain Morgan Spiced Gold 0.0%, an alcohol-free alternative to the brand’s Original Spiced Gold. The drink will be rolled out in Great Britain from...

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The world market price of white sugar decreased slightly

The average world market price of white sugar in July 2023 was EUR 610/ton, 3 percent lower than in June. On the London Mercantile Exchange (LIFFE), the front-month quote for white...

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SPAR Albania launches “Tell Us First” customer feedback campaign

SPAR Albania has launched an interactive campaign titled “Tell Us First”, which offers customers the opportunity to provide feedback on their instore experience. The campaign aims to gather valuable insights...

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Older adults are drinking more in the US, research finds

The percentages of 18- to 34-year-olds who report that they either drink at all, drank in the past week, or sometimes drink more than they should are all lower than...

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The Ukrainian grain import ban must be maintained

The extraordinary measure banning the import of grain from Ukraine to neighboring member states must continue to be maintained, said István Nagy, Minister of Agriculture, who met with Florin-Ionut Barbu,...

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EU forecast: with falling inflation, the growth momentum of the economy will ease

In addition to the expected further decrease in inflation, the European Union’s economy will remain on a growth path, even though its momentum is easing, which is expected to last...

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The demand for spicy food is growing dramatically in our country

For Hungarians, cuisine without a spicy flavor is unimaginable, and its popularity is also growing. Almost exactly three quarters of the population eat spicy food at least once a week....

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Márton Nagy: food production is also more efficient with the help of AI

Minden területen hatalmas változásokat hozhat a mesterséges intelligencia (AI), amelyet már a távközlésben, iparban, energetikában és a mezőgazdaságban is használnak, alkalmazása évi 1,4 százalékponttal járulhat hozzá a növekedéshez világszinten –...

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Pogátsa Zoltán: A kapitalizmus definíciója a növekedés – Folytatódik a Trade magazin Business Podcastja

Fontos lenne újrafókuszálni a magyar társadalom beszélgetéseinek, vitáinak a tartalmát, mert mindössze hét évünk maradt a klímaváltozás megfordítására – véli Pogátsa Zoltán, közgazdász, akivel Krizsó Szilvia beszélgetett legújabb könyvének megjelenése...

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This year, VAT returns and transfer pricing documentation are in the crosshairs of the tax authority

In recent years, the audit methods of the tax authority have changed radically: while in previous years the auditors “knocked” with a mandate letter, this has been replaced by the...

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Szeptember végéig is eltarthat a hazai dinnyeszezon

Július elején indult a hazai dinnyeszezon, amely kedvező időjárás esetén akár szeptember közepéig-végéig eltarthat. Részben az exportpiacok beszűkülése okán a termelők jelentős változtatásokat vittek végbe a fajtaválaszték és a termelési technológia...

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Nem üres frázis, hogy egységben az erő

Mennyire fontos ma az emberek számára a fenntarthatóság személyi és vállalati szinten? Hogyan működnek a jelenlegi rendszerek, és milyen további előrelépések várhatók ezen a színtéren? Egyebek mellett ezekről a témákról...

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Equal chances at Aldi Süd

Aldi Süd has signed the Women Empowerment Principles (WEP) of the United Nations (UN). The goal of the joint initiative of UN Women and UN Global Compact is to strengthen...

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