Market News
Márton Nagy: the growth of the Hungarian economy at around 4 percent is sustainable
The government expects an economic growth of between 2-3 percent this year, but growth of around 4 percent is achievable and sustainable in the long term in 2025, said the...
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NAV found more than 2.5 tons of spoiled meat in a truck
The financial inspectors of the National Tax and Customs Administration (NAV) found more than 2.5 tons of spoiled, rotting meat in a truck on highway 47. On Monday, NAV informed...
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Diageo tests aluminium bottle for Baileys
Diageo said it will make “over 30,000” of the aluminium bottle edition available for purchase. Diageo’s efforts to make its packaging more environmentally sustainable have continued with the test launch...
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From 2024, March 25 is the day of Hungarian fruit landscape varieties
Preserving the genetic diversity of our cultivated crops is in the fundamental interest of domestic agriculture. These include the fruit landscape varieties that have long been present in the Carpathian...
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Wolt Expands EMEA Footprint, Enters Albania And Luxembourg
Online food platform Wolt has launched operations in Albania and Luxembourg, expanding its presence across EMEA. Initially, the service will be available in Luxembourg City and Tirana, followed by expansion...
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NAV uncovered an illegal tobacco shop disguised as a baby item shop
An illegal tobacco shop disguised as a flea market was uncovered by the tax inspectors of the National Tax and Customs Office (NAV) in Nyírség. In the statement sent to...
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Sustainability guidelines for the food industry
While the majority of food companies agree that sustainability is a top business priority, most find it challenging to achieve it. 86% of executives say sustainability helps their company to...
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AM: consumers can already find out about product recalls in the newsletter
In order to inform the population even faster and more directly, and thus to protect them more effectively, the National Food Chain Safety Office (Nébih) will from now on also...
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refPET enters Hungary
Oonly Clean Water Kft. has opened an innovative HUF 1.5bn bottling plant in Pannonhalma, where Hungary’s first refPET mineral water bottles rolled off the production line in mid-January. This article...
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World Water Day: Proper water management is particularly important due to climate change
Water is a natural treasure that we must take extra care of and manage it properly – the National Chamber of Agricultural Economics drew attention on the occasion of World...
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iqom e-nyugta
E-Nyugta is a universal electronic receipt application that allows you to accept cash or credit card payments, issue e-receipts and e-invoices, and even print them instantly from your smart terminal...
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World Water Day: Proper water management is particularly important due to climate change
Water is a natural treasure that we must take extra care of and manage it properly – the National Chamber of Agricultural Economics draws attention on the occasion of World...
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Professional information on the rules of the Good Agricultural and Environmental Status and the Agro-ecology Program for 2024
In parallel with the legal finalization of the regulations for the uniform applications for 2024, which will be published within weeks, the Ministry of Agriculture will also share the details...
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Sz. Variáns, which produces packaging materials, would increase its capacity with an investment of HUF one billion
Sz. Variáns Csomagolástechnikai Kft., which deals in the production of paper-based packaging materials, plans to implement investments worth HUF one billion over the next five years. The developments would increase...
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ÖKO seed database information
Regulation (EU) 2018/848 of the European Parliament and of the Council permits the use of seed and potato tubers from non-organic farming in organic farming, if the producers are unable...
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Agrometeorology: the danger of frost has not passed
Although milder nights are expected in the rest of the week, the danger of frost has not passed, in the first half of next week, nights when the temperature drops...
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Mondelez tweaks SnackFutures remit
Mondelez International has refocused its SnackFutures unit to focus squarely on venture-capital investments. The snacks behemoth set up SnackFutures in 2018 to work in three fields: the “invention of new...
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Description of plant protection product active ingredient lists related to support programs (AKG, AÖP)
Nébih’s plant protection experts compile annual lists of plant protection active substances prohibited in various support programs, as well as those that can be used in them. Every year, the...
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Belgium votes for tobacco ban in supermarkets
Belgium is the next country to introduce stricter rules on the sale of tobacco and alcohol. One of the measures is a ban on tobacco sales in supermarkets. The number...
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János Áder: 80 percent of the effects of climate change will be felt through water
Excess water must be kept and must not be drained out of the country – said János Áder, former president of the republic and president of the Kék Bolygó Climate...
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Kroger invests in cross-channel customer experiences
The grocer is planning on piloting drive-thru pickup lanes and tools to help associates more efficiently prepare items for pickup. Kroger sees digital sales as an important growth accelerator for the...
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More than 40 percent fewer tractors were purchased in 2023
Individual farms and cooperative enterprises bought HUF 288.4 billion worth of new agricultural machines and tools in 2023, which was 25 percent less than the turnover of a year earlier....
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The confectionery industry is facing a serious crisis
The cocoa crisis is causing serious problems in the confectionery industry, the effects of which can already be felt in Hungary. The decrease in consumption is at a level not...
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KPMG info: the European Council would ease the criteria for the Sustainability Screening of Companies
After several months of procrastination and negotiations behind closed doors, on March 15, 2024, the European Council adopted the Corporate Sustainability Due Diligence Directive, which has been circulating in the...
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Sustainable cocoa alternative named innovation of the year at ISM
ISM, the confectionery industry’s No.1 international event, took place on 28-31 January 2024. Held in Cologne, ISM has once again proved to be the pinnacle of the global confectionery and...
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MNB: Hungary’s competitiveness in the EU ranking has deteriorated
Hungary’s competitiveness fell two places in 2023 compared to the previous year, and slipped back to 19th place out of the 27 EU countries, according to the central bank’s 2023...
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(HU) Az egészségünkön spórolunk a legtöbbször
Sorry, this entry is only available in HU....
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More and cheaper pork in the world market
According to a USDA analysis published in January, US pork production in the 1st quarter of 2024 could increase by 1.4% compared to January-March 2023. This article is available for reading...
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A strange thing is happening in the clothing market
According to Vatera’s latest statistics, the demand for second-hand clothing and footwear products is increasing in Hungary, especially among sportswear, luxury brands and products tailored for plus-size women. Analyzing the...
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Mandatory campaigns are not only in Hungary
Serbia continues the fight against inflation and continues to expand the categories of products to be sold at a lower price, similar to Hungary. The mandatory promotions contributed significantly to...
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