Market News
Anywhere, anytime, poultry.
The domestic poultry sector is the largest and continuously developing sector of Hungarian animal husbandry, and its importance is outstanding in terms of supplying domestic consumers and exports. The domestic sector...
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Co-op boss calls for change in police response amid ‘out of control’ retail crime
Co-op food managing director, Matt Hood, has called on the police to “play their part” in tackling retail crime as rates surge 35% year on year. The convenience retailer has...
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Nestlé taps regenerative agriculture for US wheat supply and Digiorno pizza ingredients
Nestlé has invested in regenerative agricultural practices of US wheat farms in the Digiorno supply chain to produce healthier, more sustainable ingredients for their pizzas. As part of its roadmap...
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More Than Half Of Shoppers Have ‘Abandoned’ E-Commerce, Study Finds
More than half (52%) of e-commerce grocery shoppers are no longer shopping online, compared to a year ago, new global research from SymphonyAI Retail CPG has found. The analysis of...
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The tractor pulling competition in Hajdúböszörmény will have more participants than ever before
The international tractor pulling competition in Hajdúböszörmény will have more participants than ever before this year, the organizers announced at a press conference in Hajdúböszörmény on Thursday. 22 teams from...
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Signature 40: Once again, the main role belongs to operational specialists
They are looking for the best brand managers of the year once again: the Signature 40 initiative awards operative specialists who are behind successful campaigns and projects and work directly...
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István Lakatos: “I am not the failure-avoiding type, I am success-oriented”
István Lakatos, the CEO of Bravogroup Holding was Szilvia Krizsó’s guest in the latest episode of the Future Talks podcast. This article features parts of the conversation, but you can...
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Talentis Agro Zrt enters the international market
Talentis Agro Zrt. enters the international market: Lőrinc Mészáros and Talentis Agro Zrt. – which is a member of the Mészáros Group – signed a sales contract with Nikola Velicki,...
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There are a lot of question marks surrounding the new complaint law, an important corporate deadline has already passed
The Act on Complaints, Public Interest Notifications, and Rules for Reporting Abuses (Complaints Act), adopted at the end of May, imposes a number of obligations on businesses. Medium-sized companies (from...
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The producer price of light lamb increased by 6 percent, and that of heavy lamb by 3 percent
According to data from the European Commission, the European Union’s sheep and goat imports (live animals and meat) were 28,000 tons in January-April 2023, which represents an 11 percent increase...
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Walmart is teaming up with customers to aid schools.
Through Monday, Sept. 4, Walmart plans to donate $1 million to schools through the Spark Good online giving program it operates as part of the Walmart Foundation non-profit initiative. Schools...
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Retail sales space in Austria is shrinking
An analysis by RegioData based on an assessment of 40 000 retail locations in its database, shows why the density of retail outlets in Austria’s medium-sized cities is particularly high...
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(HU) Hatalmas piacon szerzett vezető pozíciót a HELL
Based on the latest NIQ data for May 2023, HELL ENERGY has outperformed all competitors in India and has been ranked number one* in the energy drink category in the...
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The processing sales price of chicken legs rose by 15 percent
According to AKI PÁIR data, the live weight producer price of slaughter chickens in Hungary rose by 32 percent to HUF 508/kg, and that of slaughter turkeys by 38.3 percent...
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Hungary has seen the largest increase in FDI inflows in the past decade
Hungary’s average foreign direct investment (FDI) increased by 7.96% between 2018 and 2022, surpassing any other country analysed by over 5% when compared to figures between 2013 and 2017. This could be attributed...
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Customers can save money and time by using the online price monitor
Since the first of July, the price of observed foodstuffs has decreased by an average of almost 7 percent thanks to the online price monitor, which may have a moderating...
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Opten: The number of companies in Hungary continues to decrease
In 2023, the number of companies in Hungary has decreased every month so far, approaching the drop of 10,000 compared to last year. Although the desire to start companies increased...
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100 million kilos of saved food went to the needy
In the first half of 2023, the Magyar Élélmiszerbank Egyesület saved and donated 4.7 million kilos of expired and defective goods to the needy. Since their establishment, they have collected...
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István Nagy: we will protect the interests of Hungarian farmers at all costs
Hungary will protect the interests of Hungarian farmers by any means and at all costs, even if the European Union does not extend the EU ban on the import of...
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Hungarian Tourist Agency: the 2022 St. Stephen’s Day event series received the “Oscar of the event industry”
The 2022 Saint Stephen’s Day celebration series organized by the Hungarian Tourism Agency (MTÜ) received prestigious international professional recognition at the 13th Global Eventex Awards professional competition – MTÜ announced...
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This is how Hungarians save on meals when they are going to the beach
6 out of ten compatriots usually travel by taking their own food with them, while half of the respondents pack snacks for going to the beach. When it comes to...
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Shop! MarketPlace Austin
Between 25 and 27 April, Shop! Association organised the Shop! MarketPlace trade fair and conference in Austin (Texas, USA). This article is available for reading in Trade magazin 2023/6-7. The...
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EU commissioner: the EU is ready to transport almost the entire volume of Ukraine’s grain exports
The European Union is ready to export almost all of Ukraine’s agricultural products through the solidarity corridors, EU Agriculture Commissioner Janusz Wojciechowski announced on Tuesday in Brussels after the one-day...
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KSH: The average gross salary in May was HUF 567,800
The gross average earnings of those employed full-time was HUF 567,800, and the average net earnings calculated with discounts taken into account was HUF 391,500 in May 2023, the Central...
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Professional association: the situation of the Hungarian logistics sector can be strengthened
According to the Association of Hungarian Logistics Service Centers (MLSZKSZ), the situation of the Hungarian logistics sector can be strengthened and it can generate significant additional income for all those...
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Emődi Mezőgazdasági Zrt. is developing its feeding technology with more than HUF 280 million
Emődi Mezőgazdasági Zrt. is developing its feed technology at its site in Borsod-Abaúj-Zemplén County, Emőd, from HUF 282.76 million, the company told MTI. According to the information, the investment serves...
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In the first half of the year, the food bank helped the needy with 4.7 million kilos of saved food
In the first half of this year, the Magyar Élélmiszerbank Egyesület rescued and donated 4.7 million kilograms of expired and defective goods to the needy. In a statement delivered to...
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Lidl introduces digital price tags in Portugal
Following a successful pilot in one store last October, Lidl will switch to digital price tags from its traditional paper pricing labels in its stores across Portugal. The move is...
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TVE: the rise of the fair trade market in Hungary has stalled
The rise of the fair trade market in Hungary has stalled in the past two years, but the trend reversal can already be felt – the Association of Conscious Buyers...
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Minister of Agriculture: Hungary protects its pig herd from African swine fever
It is vital for Hungary to protect its domestic pig population from African swine fever, so it is working on official measures that reduce the chance of the infection spreading,...
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