Market News
Fruits can be very expensive because of the early spring
According to the Pénzcentrum article, the early spring and unusually mild weather are causing concern among fruit growers and wineries. According to meteorological data, heat records were broken in Hungary...
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KSH: The volume of exports of food, beverages and tobacco is 5.0 percent higher than that of imports
In December 2023, the volume of exports decreased by 8.4 percent and that of imports by 0.8 percent compared to the same period of the previous year. The foreign trade...
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Bananas and cocaine: the interesting connection between drug trade and fruit prices
The price of the banana seems resistant to inflation, especially when compared to other fruits. However, beneath this seemingly stable price, there are signs pointing to the possible involvement of...
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Nébih: Out of 21 chocolate-flavored protein powders, 20 products did not meet the labeling requirements
20 products out of 21 chocolate-flavored protein powders did not fully meet the labeling requirements, there were also problems with the protein, amino acid and sweetener content, as well as...
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Many online stores are looking for loopholes in terms of delivery
Domestic online stores must adapt to a new rule within one month, according to which it becomes mandatory to offer Magyar Posta as a delivery option. However, some of the...
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Healthy products are the most sought after in the cereal market
Among cereal flakes, healthy products are the most sought-after according to the overview of the National Chamber of Agricultural Economy (NAK), which also reveals that the composition of cereal flakes...
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The first Hungarian competition law came into force 100 years ago
A century ago, in 1924, Article V of the 1923 Law on Unfair Competition entered into force. On the occasion of the jubilee anniversary, the Economic Competition Authority and the...
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MLBKT: the purchasing manager index strengthened in February
The seasonally adjusted February value of the purchasing manager index (BMI) improved to 52.2 points from the value of 50.1 points in January; in February, the respondents reported a moderate...
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K&H: more than 50 percent increase in investments
The assets of K&H’s private banking clients in investment funds increased significantly, by more than 50 percent, to HUF 737 billion between January 2023 and 2024, the financial institution announced....
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Nestlé invests in Spanish condensed milk factory
Nestlé Spain has invested EUR 300,000 to renovate and expand its condensed milk plant in Pontecesures, Galicia. The project included the refurbishment of the production plant and the enlargement of...
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Academy of Nutrition: microalgae are needed in nutrition
Microalgae are microscopic unicellular or multicellular algae found in many habitats, such as marine and freshwater environments, as well as in soil, even under ice, and in other microbial communities....
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A shot glass full of uncertainty
This article is available for reading in Trade magazin 2024/2-3 “The domestic pálinka market is difficult to estimate because we don’t know the level of home distilling, but it can...
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Subsidies and opportunities in agriculture
The new support system will continue to help farmers adapt to the changed market and production conditions – declared Dr. Márton Nobilis, State Secretary of the Ministry of Agriculture, at...
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The countryside is the soul of Hungary
Before 2010, we have changed from a country that mainly produced raw materials to a country with an agriculture that uses precision farming and digitalization and produces healthy, safe, high-quality...
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REWE tests digital shopping trolleys in Germany
Partnered with Israeli technology company Catch, REWE’s digital R&D department is to test a digital shopping trolley in Cologne over the next four months. Tablets on shopping trolleys, which can...
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Watering will be easier this year as well
The government will fully exempt farmers from the fee for the provision of agricultural water through state-owned water facilities this year as well, Minister of Agriculture István Nagy announced on...
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Coca-Cola HBC Announces Proposed Acquisition Of BDS Vending
Coca-Cola HBC Ireland and Northern Ireland have announced an agreement to acquire BDS Vending Solutions. The proposed acquisition is part of Coca-Cola HBC’s strategy to enhance its route-to-market capabilities. BDS...
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The Kiskunság National Park Administration has renovated the Izsák-Páhi native animal farm
The National Park Administration of Kiskunság spent more than HUF 400 million on the renovation of the Izsák-Páhi native livestock farm, as well as the purchase of equipment and machinery....
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What will be on the global dinner table in 2024? A F&B trend summary
Our magazine takes a look at some of the international trends in food product development for 2024. Despite recent and current events and overwhelming difficulties, consumers insist on continuing to...
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More and more products have the High Quality Food trademark
Although it was launched only a few years ago, the High Quality Food trademark is gaining more and more popularity among producers and consumers. Through their joint working groups, the...
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Hungarian bakeries are at the forefront of both quality and innovation
Smaller bakeries can win over customers with quality products and flexible satisfaction of special consumer needs. According to the overview of the National Chamber of Agriculture and the Hungarian Bakers’...
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Sustainability was less important at Christmas
Rondo Hullámkartongyártó Kft. surveyed the Christmas gift wrapping habits of Hungarians in November (by asking around 1,000 people), and compared the data for 2023 and 2022. This article is available...
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Shoppers squeeze it well
This article is available for reading in Trade magazin 2024/2-3 They are looking more closely at the unit price High inflation and economic difficulties – Hungarians still like to eat...
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The time for solutions has come – the world is at the beginning of a new era
The Hungarian Business Council for Sustainable Development (BCSDH) is now an organization that brings together the top managers of more than 140 responsible companies and is ready to take the...
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Tetra Pak to operate processing equipment using solar energy
Tetra Pak has announced that it plans to power its industrial equipment using renewable thermal energy in the future, signing an agreement with Swedish solar energy company Absolicon. According to...
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Information about the application for drone application of plant protection agents and preparations with a plant protection effect
In the past period, Nébih employees have received many questions regarding who, where and how can apply for authorization of plant protection agents and products with plant protection effects for...
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It was developed by Abraziv Kft. from Kecskemét with nearly one billion forints
With an investment of nearly one billion HUF, Abraziv Kft., known for its construction and technological services for feed mills, built a new hall and acquired production equipment, installed a...
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Agrometeorology: early stone fruits are threatened by the cooling and frost coming next week
In recent weeks, heat records have been broken one after the other, the plants have started to develop, feeling the spring, but in the middle of next week, cooling and...
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Walmart buys Vizio for $2.3B as retail media race turns to streaming
Retail media networks are shifting focus to areas like connected TV and streaming to increase their ability to reach consumers. Walmart has agreed to acquire TV maker Vizio for $2.3...
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Too Good To Go App Announces 100m Meals Saved In One Year
Over 100 million meals were saved from going to waste by the Too Good To Go app in 2023, according to a recent report. The company’s 2023 Impact Report revealed...
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