Market News
The cultivation of horticultural crops can also count on support in the future
The Ministry of Agriculture maintains priority support for horticultural crop production, rural development tenders related to the sector are expected to appear in the spring, said Sándor Farkas, Deputy Minister...
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Diageo steers Captain Morgan further into RTD with cocktail launch
The spiced rum brand is launching its first malt-based beverage item as it seeks a greater presence in the growing canned spirits space. Beverage giant Diageo is setting sail with...
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From honey to peppers
It is of utmost importance that interested parties, producers and buyers find a forum where they can get to know each other, where connections can be made on the topic...
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It is a challenge for shops to take measures against shrinking inflation
The government’s latest measure, which tries to make the announced price of shrink-wrapped products more transparent for customers, received a lot of criticism from the professional side. Pursuant to the...
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Vitafort Első Takarmánygyártó és Forgalmazó Zrt. and the Tej Trade Organization and Product Council renewed their cooperation agreement
Vitafort Első Takarmánygyártó és Forgalmazó Zrt. and the Tej Szakmaközi Szervezetz és Productáktánács renewed their cooperation agreement again. The contract was signed by Zoltán Kulik, the CEO of Vitafort Zrt.,...
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The economic mood in the EU and the Eurozone deteriorated in February
The economic sentiment index deteriorated in the euro area and the European Union in February, according to a survey presented on Wednesday by the European Commission’s Directorate General for Economic...
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The number of smartphone payments increased by 49 percent in January
The number of smartphone payments increased by 49 percent in January compared to a year earlier. This was coupled with a 58 percent increase in traffic, K&H said. Among the...
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Easter dynamism
This article is available for reading in Trade magazin 2024/2-3 Ágnes Szűts, marketing manager of KOTÁNYI Hungária Kft. told us that retail sales in the Hungarian spice market grew dynamically...
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According to experts, the labor market is transforming with unprecedented speed
The labor market is transforming with unprecedented speed, the processes are forcing both company managers and employees to constantly adapt – said the experts of the Magyar Nemzeti Bank (MNB)...
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Aldi’s store number reaches 177 in Italy
Aldi closed 2023 with 177 stores in the Italian provinces of Piedmont, Lombardy, Veneto, Friuli-Venezia Giulia, Trentino and Emilia Romagna. The German discounter opened its biggest store in the country...
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Financial help for companies to operate sustainably
On 1 January 2024, the ESG law came into force, regulating the environmentally and socially responsible operation of companies – and firms also receive financial support to achieve this. This...
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Albert Heijn Offers Business Customers Discount On Organic, Plant-Based Products
Dutch retailer Albert Heijn is offering business customers a 10% discount on all organic products. The discount also applies to its AH Terra range – a fully plant-based own-brand assortment...
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A condition for a successful green energy transition is competitiveness
In a joint statement, the leaders of European industry warn that competitiveness is a condition for a successful green energy transition – the Hungarian Chemical Industry Association (MAVESZ) and the...
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It is worth protecting yourself against field voles now
In several counties, field warblers multiplied strongly by the end of winter. The National Food Chain Safety Office (Nébih) draws the attention of land users: it is extremely important to...
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AI Adopted By Over A Third Of EU Firms, Bringing Digital Goals In Reach
More than one third (38%) of European businesses adopted artificial intelligence (AI) in 2023, according to a report commissioned by Amazon Web Services. The change came as the use of generative...
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Coca-Cola HBC Italia Invests €42m In Abruzzo Plant
Coca-Cola HBC Italia has announced it plans to invest over €42 million in its Oricola (L’Aquila) factory in Abruzzo, Italy. This investment by the main beverage bottler of The Coca-Cola...
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Subsidies for Hungarian farmers are also guaranteed in 2024
Subsidies for Hungarian farmers are also guaranteed in 2024; the government is contributing to the development of the agricultural economy with complex agrarian policy measures that strengthen financial and income...
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Ham could perform well again this year
A rather big double-digit decline in volume sales of Easter ham was caused by dropping real incomes and a significant rise in prices: over 40% (mainly due to a sharp...
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About 50,000 tons of dry pasta are bought in Hungary every year
About 50,000 tons of dry pasta are placed in the baskets of customers in Hungary every year. In contrast to the foreign trend, 4- and 8-egg pastas are the best-sellers...
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The sales revenue of the REGIO Game increased by six percent in 2023
REGIO Játékkereskedelmi Kft. had a turnover of HUF 21.421 billion last year on the total HUF 110 billion toy market. The company closed the year with a 6 percent increase,...
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Randstad HR Trends: Should our jobs be afraid of AI?
Although more and more people around the world are using artificial intelligence (AI) in their work, almost half of the top managers in Hungary do not yet see clearly the...
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The price of eggs at the packing point decreased by 18 percent
Based on data from the European Commission, EU (EU27) egg and egg product imports increased by 89 percent to 83,000 tons in January-November 2023 compared to the same period of...
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Green financing for commercial real estate is on a dynamic growth path
Green financing not only supports the transition to a green economy, but also means lower financial risk, reveals a joint report by Colliers and K&H Group, titled “Green Finance Report”....
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Agricultural organizations won EU support for attitude formation
The Hungarian Association of Young Farmers (AGRYA) and the Slovak Farmers’ Civil Association received EU support of 60,000 euros (more than HUF 20 million) to shape the attitudes of farmers,...
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More than 50 insect hotels support children’s environmental education
It is worth starting to shape attitudes among the youngest age group, said Bertalan Balczó at the presentation of the insect hotel project realized within the framework of the Green...
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SPAR launches a virtual influencer in Slovenia
SPAR Slovenia has introduced a virtual influencer called Sara, created with the help of artificial intelligence. Sara discusses social issues and the big questions of life in her posts on...
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EP: 30 percent of habitats must be restored by 2030
At the plenary session in Strasbourg, the European Parliament adopted a proposal for a regulation according to which the member states must restore an increasing number of habitats in degraded...
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Asahi on the hunt for overseas acquisitions
Asahi is looking for merger and acquisition opportunities in the US and overseas to quadruple overseas sales of its flagship Super Dry beer by 2030. The beverage giant took a...
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Sainsbury’s locks up booze in AI-enabled cabinets
Sainsbury’s has installed AI-enabled drinks cabinets in some of its stores in order to prevent shoplifters targeting expensive bottles of booze. The new self-locking ‘freedom case’ cabinets, which are made...
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Brussels must further reduce the administrative burden on farmers
Hungary has put forward a total of 45 proposals to the Belgian Presidency of the EU in order to reduce the administrative burdens of farmers, the strict regulations and the...
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