Market News

Ten million cans and a little New Year’s care for the needy from Bonduelle

The charity cooperation between Bonduelle Central Europe Kft. and the Magyar Élélmiszerbank Egyesület reached a serious milestone in 2023. Last year, the vegetable processor helped the Association with nearly 400,000...

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Nébih seized forty tons of Ukrainian seeds contaminated with GMOs

Thanks to continuous inspections and strict food safety rules, 40 tons of GMO-contaminated corn seeds from Ukraine were seized by Nébih specialists. We will continue to protect Hungarian food safety...

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Robert Downey Jr and CPG exec enter $28B coffee category with Happy

The growing popularity of the beverage has brought smaller players into the space and prompted large manufacturers to bulk up their presence through acquisitions. Actor Robert Downey Jr. and Craig...

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ELTE research: restoration of wetlands could alleviate the drought in the Great Plains

Due to the lack of water in the atmosphere, there is not enough precipitation in the Great Plains during the drought period. To alleviate this, the researchers of the Eötvös Loránd...

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Schiller is closing its Opel showroom after 33 years

The name of the Schiller family has been almost fused with Opel for decades, but after more than three decades of cooperation, the Chinese electric car, BYD models, will take...

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‘Low point in German ecommerce’

Online product spending in Germany has experienced a double-digit decline for the first time last year. Expenditures amounted to 79.7 billion euros, a decrease of 11.8 percent compared to the...

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Historical subsidies help agriculture

Last year, we set a new record, as the amount of agricultural subsidies successfully applied for and paid out exceeded HUF 1,300 billion in total – Minister of Agriculture István...

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Aldi launches ‘Buy British’ section online

Aldi has launched a new ‘Best of British’ section on its website to encourage shoppers to buy more groceries made in the UK. The dedicated webpage includes a wide selection...

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Information on uploading spraying logs

By February 15, 2024, those concerned can record management diaries related to support programs in the eGN system. After this deadline, Nébih downloads and submits the data for official inspections, both...

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Food inflation in the euro area slowed down in January

In January, according to the preliminary data of Eurostat, the statistical office of the EU, inflation in the euro area decreased to 2.8 percent from 2.9 percent in December. Compared...

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This is how McDonald’s prices changed due to inflation

In the last two years, the prices of restaurants, especially popular fast food restaurants, have risen significantly. According to the Pénzcentrum survey, prices in restaurants will increase by 19.8 percent...

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KSH: The volume of exports of food, beverages and tobacco increased by 6.2 percent

In November 2023, the volume of exports decreased by 3.6 percent and that of imports by 16 percent compared to the same period of the previous year. The assets were...

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New, more resistant varieties of coffee may come

The Italian research team has achieved a breakthrough in deciphering the genetic code of coffee, which could help breed new coffee varieties and strengthen plants against the challenges of climate...

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HunGas would make buffet school meals common

Seeing the positive experiences of its pilot project, HunGas would make buffet-style school meals common, said Zsolt Páger, the company’s business development director, at the company’s Thursday press conference in...

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Simplifications in the management log submission process

As indicated in the announcement already published on January 12, 2024 – in view of the IT difficulties that have arisen – the Ministry of Agriculture has extended the period...

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The French government lifts the ban on plant protection products and reduces the tax burden on farmers by 150 million euros

On Thursday, French Prime Minister Gabriel Attal announced a series of detailed measures to reduce the burdens of the increasingly large number of protesting farmers, among other things, it would...

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The labeling of honey in the European Union is changing at the initiative of Hungary

At the initiative of Hungary and in accordance with the interests of honey producers, in the future it will be mandatory to indicate the place of origin and the exact...

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A new pig farm was established in Dombegyháza

With an investment of HUF four billion, Agrosztár Kft. established a new pig farm in Dombegyháza in Békés County, the company’s managing director informed MTI on Friday. Balázs Dorcsinecz said...

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BMI: Moderate slowdown in January

The seasonally adjusted January value of the Purchasing Manager Index (BMI): 49.9. Compared to the previous January values, this year’s value is lower than the long-term average for this month...

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Parmalat Introduces Its First White rPET Bottle For UHT Milk

Italian dairy company Parmalat has unveiled its first certified white rPET bottle for UHT milk made with 50% recycled plastic. This project, developed by Parmalat’s R&D department in collaboration with...

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ISM New Product Showcase: The top innovations of ISM 2024

In the sweets and snacks industry innovations have always played a decisive role in the development of unique products. At ISM, the leading global trade fair for the sweets and...

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NAK-MAGOSZ: We will use all means against Brussels’ new destructive measures

MAGOSZ and NAK strongly reject the measure proposed by the European Commission the other day, with which they would extend the completely free import of Ukrainian foodstuffs for another year. The...

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Walmart announces ambitious 5-year growth plan

The retailer aims to build or convert more than 150 locations by 2029 and remodel 650 stores during the next 12 months. Walmart announced Wednesday a five-year plan to build or convert...

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Agrometeorology: the lands lack the cold

Cold would be needed to reduce the number of pests and pests on the fields, HungaroMet Zrt. wrote in its agrometeorological analysis on Thursday. They wrote that the temperature was...

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The food industry is also desperate because of the houti issue

In recent years, there has been increasing tension in the Red Sea region due to the armed attacks on ships by Yemeni Houthi terrorists. In recent times, escalating tensions in...

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Private Labels vs Brands – Adapting To Consumer Shifts And Innovating Pricing Strategies

Food sales are expected to show only weak growth in 2024, and this fact certainly poses serious challenges to FMCG brands. Ananda Roy, FMCG consultant and vice president of Circana,...

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AKI: meat and eggs have also become cheaper

Based on the latest summaries published by the Institute of Agrarian Economics (AKI), by the beginning of 2024 we can see a significant price reduction in the field of meat...

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In January, the increase in food prices moderated to 5.7 percent in France

In France, the annual consumer price increase slowed to 3.1 percent in January from 3.7 percent in December, the French statistical office INSEE announced as preliminary data on Wednesday. In...

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The EU would extend the suspension of import duties on Ukrainian exports

The European Commission has proposed to renew the suspension of import duties and quotas on Ukrainian exports to the European Union for another year, and has proposed to extend by...

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Long-term cooperation for innovative and sustainable fisheries management

The Hungarian University of Agricultural and Life Sciences (MATE) and the Hungarian National Fishing Association (MOHOSZ) held an important senior management meeting, one of the main topics of which was...

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