Market News
Lidl GB To Introduce Plant-Based, Compostable Own-Brand Tea Bags
Lidl GB has announced plans to switch to fully plant-based and compostable tea bags across its own-brand range. The initiative is expected to divert up to 800 million tea bags...
Read more
Oatly Amsterdam pop-up celebrates European launch of sustainable plant-based ice cream
Oatly has opened a pop-up store in Amsterdam, the Netherlands, to celebrate the launch of its soft serve ice cream in Europe. The plant-based dairy solutions company showcases its new...
Read more
In addition to NAK, the Czech, Polish and Slovak Chambers of Agriculture also support the citizens’ initiative
In addition to the NAK, the other three agricultural chambers of the Visegrad Four also support the European citizens’ initiative launched to preserve the values of the countryside. Nowadays, the...
Read more
Here is the latest broadcast of the GVH Podcast
What rules do influencers, or opinion leaders in Hungarian, have to comply with? Who is responsible if the influencer does not display the ad clearly? Those who listen to the...
Read more
Greedflation: are multis hungry for profit?
In recent years and months, the domestic and international retail sector has come into focus for several reasons. The outbreak of the new type of coronavirus in 2020 led to...
Read more
(HU) Ennyibe kerül az iskolakezdés a legnagyobb kiskereskedelmi láncoknál
Sorry, this entry is only available in HU....
Read more
KSH: The food industry, which benefits from the processing industry by 12 percent, fell short of a year earlier
In June, the volume of industrial production was 3.8 percent lower than a year earlier. Adjusted for the working day effect, production decreased by 6.1 percent – the Central Statistics...
Read more
GVH initiates an accelerated procedure against Booking.com
The Economic Competition Authority (GVH) is launching an accelerated sectoral investigation against the Dutch accommodation broker Booking.com, because the company did not pay its debts to the Hungarian accommodation providers....
Read more
We have to pay slightly more for peaches than last year
According to Eurostat data, the peach and nectarine harvest increased to 21.8 thousand tons (+90 percent) in 2022. According to the publication of the Agrárközgazdasági Intézet Informative report on summer agricultural...
Read more
A new color spot on the KMÉ palette: direct-pressed apple juice
Another processed fruit product has become a candidate for the KMÉ trademark. Special certification requirements for direct-pressed apple juice have been prepared. As usual at KMÉ, expectations are also high in...
Read more
The President of the Republic appointed two members to the GVH Competition Council for another six-year term
President Katalin Novák has appointed Nóra Váczi and Dávid Kuritár as members of the Competition Council of the Economic Competition Office (GVH) for another six years, the GVH told MTI...
Read more
European wheat prices are moving upwards
The immediate export price of mill wheat arriving in Rouen (FOB) increased by $2 to $255/ton and between July 7 and August 4, September 256, October 257 (+$5) and December...
Read more
US: Volume Sales Increase for Organic Produce in Q2, After Two Years of Decline
The Organic Produce Network reported a 1.5% increase in dollars and a 0.8% increase in volume for Q2, compared to the same period last year. This reverses the volume loss...
Read more
For the first time in Hungary, an insecticide can be delivered by drone
The first plant protection agent in Hungary is available, which can be applied by unmanned aerial vehicle: the license extension was made for the acetamiprid insecticide Mospilan 20 SG. The product...
Read more
Nomad Foods’ pilot reveals slight increase in frozen food storage temperatures could reduce energy consumption
A new study by Nomad Foods, the owner of frozen food brands such as Birds Eye, Findus and Iglo, has found that increasing the storage temperature of frozen food by...
Read more
Albert Heijn Introduces ‘Scan Your Egg’ Feature In Its App
Sorry, this entry is only available in HU....
Read more
The juicy Hungarian table grapes are already ripe
The tasty domestic dessert grapes will soon be available in the markets. According to the joint overview of the National Chamber of Agriculture and the Hungarian Vegetable and Fruit Association (FruitVeb),...
Read more
Henkel raises its 2023 revenue and profit forecasts
Group sales grows organically by 4.9 percent in the first half of the year to around 10.9 billion euros (nominal 0.1 percent) – very strong growth in both business units....
Read more
The price of food and non-alcoholic beverages decreased by 1.2 percent in Poland
Annual inflation moderated in Poland in July, and consumer prices fell compared to June, according to the final data of the statistical office presented on Monday. The annual consumer price...
Read more
Our pants can also go on the orange juice
Orange juice prices have soared as disease and climate change ravage crops in the United States, leading to a “dramatic decline” in the orange crop. The price of orange juice...
Read more
Denmark’s Salling Group Unveils New BilkaToGo Delivery Service
Danish retailer Salling Group has announced the rollout of a new delivery service operating under its Bilka chain, through which shoppers will be able to select from a range of...
Read more
TikTok launches fulfillment services in the UK
TikTok started providing logistics services to sellers in the United Kingdom. The company is introducing a program called ‘Fulfilled by TikTok’, or FBT for short. TikTok, the social networking company...
Read more
Kellogg pins growth in snacking unit on Pringles, Cheez-It ahead of split
Kellogg said its new snacking company Kellanova will focus on growing Pringles into a $4 billion brand, while expanding others like Cheez-It and Pop-Tarts into international powerhouses. At a conference...
Read more
The consumption of poultry in our country has been restructured
Attila Csorbai, the president of the Poultry Product Council, spoke on Inforádio about the current situation of the poultry sector. He also covered the supply affected by the price cap....
Read more
A group-wide complaint reporting system is not sufficient
Many global and large national companies already have a centralized group-level whistleblowing system and trust that this global solution will also be suitable for member companies operating in individual countries....
Read more
Alexandra Szentkirályi: government measures halved food inflation
The combined effect of several government measures has halved the inflation of food prices compared to its previous peak, the government spokesperson stated in Kossuth radio’s Sunday newspaper program. Alexandra...
Read more
GFM: the online price monitor effectively helps reduce food prices
In addition to the professional support of the Ministry of Economic Development (GFM), the Economic Competition Office (GVH) launched the online price monitoring system on July 1, 2023. Based on...
Read more
Inflation slowed down in France in July
For the first time since February last year, annual inflation in Romania slowed down to single digits again in July: according to data published by the National Institute of Statistics...
Read more
Bread of Magyars – The wheat collected by the Hungarian farmers of Transcarpathia was merged in Nagydobrony
Almost 160 tons of wheat collected by Hungarian farmers in Transcarpathia in the Magyarok Kenyere-15 million grains of wheat program were merged on Saturday in Nagydobrony, Ungvár district. István Jakab,...
Read more
School supplies have risen in price by about 40 percent
Enrollment costs at least HUF 40,000 this year, and the price of school supplies has generally increased by 20-40 percent compared to last year. In a recent article, Heol claims...
Read more