Market News
Coca-Cola and Molson Coors come out with new “hard” ice tea
Molson Coors and Coca-Cola are launching a new drink as part of their partnership, called Peace Hard Tea. The 5% abv drink, which will make its debut in September 2023,...
Read more
TikTok partners with Unilever for new global content series
Social media platform TikTok has partnered with global FMCG giant Unilever to celebrate the #CleanTok community of worldwide cleaning enthusiasts. As part of the partnership, TikTok will co-create and curate...
Read more
Lidl Spain Creates 250 Jobs At Andalusia Logistics Facility
Lidl Spain has announced the launch of a new logistics platform in the Granada municipality of Escúzar. The warehouse is built on a plot of more than 132,000 square metres...
Read more
Brussels must extend the ban on Ukrainian grain imports
The European Commission must act, it must extend the ban on the import of Ukrainian grain products even after September 15, as this is the only way to protect the...
Read more
(HU) GKI: Júniusban év eleji szintre esett vissza a GKI konjunktúraindexe
Sorry, this entry is only available in HU....
Read more
A beverage carton recycling plant was established in Poland
With a joint investment of about 29 million euros by Tetra Pak and Stora Enso, a new production line for the recycling of used beverage cartons will start operating in...
Read more
The EU would prosecute large companies for the violations of their suppliers
The European Parliament has adopted its negotiating position on draft legislation that would make it mandatory for large EU companies to check whether their suppliers use child labor or damage...
Read more
Experts forecast rapid growth for the vegan chocolate market
In the next nine years the dairy-free and vegan chocolate market is about to grow fast, way faster than classic dairy alternatives. This article is available for reading in Trade...
Read more
Hungary fought for support for Hungarian farmers
It was possible to protect the interests of farmers, as the European Commission is supporting Hungarian producers with almost 16 million euros in order to deal with the market difficulties...
Read more
Agricultural companies are also subject to ESG reporting – we show what to prepare for
Protecting environmental values is not only a requirement of regulators and consumers, but also the key to efficient operation due to high energy costs. However, with regard to measures for...
Read more
Jan Linders to sell 10 stores to Jumbo, PLUS and Aldi
Dutch retail chain Jan Linders will sell 10 stores to Jumbo, Plus and Aldi. These stores don’t form part of its franchise partnership with Albert Heijn, and they are expected...
Read more
Minister of Agriculture: the EU supports the producers of five EU countries with 100 million euros
The European Commission is supporting the producers of five EU member states with 100 million euros, who stood united to protect Europe’s internal markets from the negative effects caused by...
Read more
Potato cultivation in Hargita County has dropped significantly
Fewer and fewer small producers are engaged in potato cultivation in Hargita County, so the area of potato fields has decreased significantly, said Zsolt Ronfeld, head of the Hargita County...
Read more
GVH: The European Law Academy is holding an international seminar in Budapest
The European Law Academy (ERA) holds its two-day training in Budapest together with the Economic Competition Authority (GVH); the training seminar covers the topic of investigations and raids by the...
Read more
The national chief veterinarian has abolished the mandatory confinement
Thanks to the favorable development of the epidemiological situation, Dr. National Chief Veterinarian Szabolcs Pásztor withdrew the regulation on keeping poultry indoors. It is important, however, that the obligation to...
Read more
The EU proposes to mobilize 430 million EU funds to support the agricultural sector
The European Commission proposes to mobilize 430 million euros in EU funding for European agricultural producers affected by adverse climate phenomena, high input costs and various market and trade problems,...
Read more
Lipton chills out with popsicles
While Lipton is best known for its tea, the beverage is entering the frozen treats aisle with popsicles. Lipton said its Pops of Sunshine — Green Tea Citrus and Peach...
Read more
Nine out of ten farmers are sensitively affected by the development of purchase prices
Today, an average farmer is most afraid of the development of purchase prices, the increase in costs related to production, and the perceived difficulties of the administration related to the...
Read more
The price of wheat rose to an almost four-month high on the Chicago Grain Exchange
Wheat prices rose to about a four-month high in Chicago due to Saturday’s events in Russia and drought in parts of the United States. On the Chicago Stock Exchange (CBOT),...
Read more
Smurfit Kappa Invests $12m In Mexican Plant
Packaging firm Smurfit Kappa plans to invest $12 million (€11.1 million) in its Mexican plant at Tijuana. The company has operated in Mexico since 1957 and has had a presence...
Read more
Billa Bulgaria Earmarks €16m For Store Renovations
Billa Bulgaria is investing over BGN 32 million (€16 million) in renovating its stores during 2023. The overall renovation of the stores includes the construction of new entrance areas; the...
Read more
Most of the Hungarian county goes to Germany
This year’s cherry season has started with the picking of the early varieties. Juicy, high-quality fruits are also on offer this year – draw attention to the National Chamber of...
Read more
K&H: only a third of young people in their twenties feel that they are valued at work
Working young people who feel that their work is valued are still in the minority, according to the K&H youth index, which examined the situation of employed members of the...
Read more
K&H: SZÉP card purchases can stop the decline in grocery store traffic
According to K&H Bank, purchases with the SZÉP card can stop the decline in the turnover of grocery stores, after it will be possible to buy cold food again for...
Read more
Gergely Gulyás: the food price freeze lasts until August 1
The government will extend the food price freeze until August 1, after which the measure will end, the minister in charge of the Prime Minister’s Office announced on Thursday in...
Read more
Credit insurance company: the rate of late payments increased by twenty percent in trade between Hungarian companies
This increase means that 40 percent of intercompany (B2B) invoices were paid after the deadline by Hungarian customers in the past 12 months. Among other things, this is stated in...
Read more
Edinburgh and Stockholm could do a lot for reducing pollutant emissions
Food sustainability expert Dr Joseph Poore has revealed: if Edinburgh and Stockholm both turned vegan, emissions would drop to the equivalent of removing a bit less than 1.5 million cars...
Read more
Kroger stops mailing paper promotional leaflets
Kroger is phasing out its printed weekly ad circulars in markets across the country and switching over to a digital format. Physical copies will still be available in-store, but the...
Read more
Legal drone plant protection is on track: new obstacles have been cleared
The personal conditions related to legal drone plant protection can now be fully met. Nébih published the list of crop protection drone pilots on its website. The current situation and the...
Read more
MNB director: inflation is falling due to both external and internal processes
The rates of price increases are decreasing on a global level, and in addition, internal demand and economic policy are also pointing in the direction of disinflation in Hungary, so...
Read more