Market News
Food prices also rose the most among the British
Annual inflation in Great Britain fell much more than expected, below 8 percent last month, primarily due to a significant drop in fuel prices and a slowdown in food price...
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Actors in the fish farming sector can apply for several billion forints
With great interest, a professional day was held in Kecskemét for the actors of the fish farming industry, at which both interest organizations and farmers were represented. György Zsolt Papp, Deputy...
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The United States provides financial aid for the development of Ukrainian agriculture
The United States will provide an additional 250 million dollars (about HUF 85 billion) in support to Ukraine to maintain the functionality of its agriculture, announced the director of the...
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Itchy times are coming
Last year combined sales of insecticides and insect repellents were HUF 6.28bn in the retail channels audited by NIQ (formerly Nielsen IQ). Value sales increased by 3% in comparison with...
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KSH: agricultural purchase prices fell in May
The average purchase price of agricultural products in May was lower than a year ago for the second month running, after 7.2 percent in April, they decreased by 1.1 percent....
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Quick Commerce Firm Getir To Wind Up Operations In France
Quick commerce platform Getir has announced its decision to leave the French market. According to news portal Le Parisien, which quoted a press release sent to the AFP news agency,...
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Winter wheat is being harvested in Zala County
Harvesting of the winter wheat produced on nearly 31,000 hectares has begun in Zala County. So far, the crop has been harvested on 6,000 hectares, the average yield is 5.6 tons...
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EUROSPAR Launches New ‘Let’s Celebrate Community’ Campaign
EUROSPAR has announced that it recently launched its ‘Let’s Celebrate Community’ campaign to say thank you to those who go above and beyond to help the people of their local communities....
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Mars sets sights on $1 billion in frozen treat sales
Best known for its confectionery, snack and pet food brands, Mars Inc. has set its sight on generating $1 billion in frozen treat and ice cream sales by 2030. Propelling...
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Meat and dairy imitations of plant origin: stricter EU regulation is needed
Plant-based products imitating animal-derived foods must be significantly different in name from those of animal origin. In their description and advertisements, they cannot refer to the untruth that their nutritional content...
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Waves in the bottle
According to the NIQ retail index, mineral water volume sales dropped 1.6% in retail in 2022 if compared with 2021, making up 885 million litres; at the same time value...
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Chamber of Agriculture: Hungary is one of the most important game meat exporters in Europe
Hungary is one of the most important game meat exporters in Europe, according to a publication presenting the domestic market and consumption of game meat, published by the National Chamber...
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Hungarian firms often don’t claim a quite big tax relief
According to Dr Máté Vargha, tax manager of BDO Magyarország Tax Advisory, Hungarian companies are entitled to a big tax relief for their own investments, and in 2022 more businesses...
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K&H: many young people are unsure
In one quarter, the value of the K&H youth index clearly decreased from 14 points to 11 points, the financial institution announced. The second wave of the survey showed that,...
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An information publication and signs help those traveling by Tokajbus in Tokaj-Hegyalja
Travelers on the scheduled Tokajbus flights in Tokaj-Hegyalja are assisted with a map-based information publication and promotional signs. The publication and the signs were received at a protocol event on...
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The Courier European Championship starts in Budapest
Budapest hosted the European Courier Championship over the weekend. At the event held in Graphisoft Park, the 243 competitors, including 32 Hungarian competitors – 13 of them representing Wolt Magyarország...
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Information about compensation
The amount of the damage mitigation contribution payment obligation at plant level is the area for the cultivation of arable crops and field vegetables, as well as the area declared...
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No more Incogmeato burgers from Kellogg
Kellogg has discontinued its Incogmeato burger, which is part of its MorningStar Farms brand. The company informed that even if they discontinued the Incogmeato Burger, they continue to add easy and...
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Heat – In Tuscany, cattle sheds are cooled with fans
Fans and cooling showers are used to help cattle endure the extreme heat in the barns of the Tuscany province, the Coldiretti producers’ association announced on Tuesday. In the city...
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Fake „Made in Italy” is worth 120 billion euros
According to an estimate by agrifood organizations, a third of “fake food” is produced in the USA The value of counterfeit Made in Italy food products in the world rises...
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The results of the tender supporting civil organizations in the agricultural sector are available
In the past period, there has been a significant increase in the number of publications and events that promote agriculture, as well as the number of building relationships that ensure...
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Lidl Ireland Partners With OOHPod Parcel Lockers
Lidl Ireland has announced it has partnered with ‘out of home’ self-service parcel locker provider OOHPod to make parcel lockers widely available to customers. The initiative will offer customers the...
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Philadelphia cheese spreads friendship with new global brand purpose
Cream cheese brand Philadelphia has unveiled an extensive new global brand purpose, positioning and campaign in its mission to spread friendship. The new positioning – which celebrates the brand’s ability...
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Hungarian venison is a popular export item
While few people know it at home, Hungarian venison is a sought-after product abroad. About 3,800 tons of processed venison are produced annually by domestic processors, almost 90 percent of which...
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According to KPMG, family companies that are also open to the outside are more successful
Involvement of experts, diversification, digitalization, sustainability, future orientation – these are the main success criteria for family-owned small and medium-sized enterprises, according to recent research by KPMG. With a sustainable...
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Hungarians can’t even imagine their diet plans without meat
Pápai Hús Kft. has conducted an online survey on conscious eating and meat consumption, with more than 4,000 participants. This article is available for reading in Trade magazin 2023/6-7. 20%...
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The growth of retail sales in China slowed down in June
In June, the growth rate of China’s retail sales slowed down to a large extent, based on Monday’s report by the National Bureau of Statistics, NBS. In June, retail sales...
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Food inflation slowed in Italy
In Italy, as previously announced, consumer prices rose by 6.4 percent year-on-year, after a 7.6 percent increase in May, the Italian statistical office, Istat, announced as final data on Monday....
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Ukraine’s grain export revenue fell in the market year that ended at the end of June
Despite the fact that Ukraine exported more grain in the market year that ended at the end of June than a year earlier, its income from exports was $1.4 billion...
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The fifth sustainability report of the 50-year-old Borsodi Brewery has been published
Last year was about long-term construction at Borsodi Sörgyár – this was revealed in the company’s fifth and newly published sustainability report, in which, as in the past, Borsodi Sörgyár’s...
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