Market News
Due to the bird flu epidemic, immediate EU measures are needed regarding Brazilian poultry meat imports
The bird flu epidemic is raging in Brazil, and the infection has already reached the country’s largest poultry-producing regions. Brazil is the world’s largest poultry exporter, from which hundreds of thousands...
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The authorities are cracking down hard on Elf Bar distributors
The Economic Competition Authority (GVH), the National Tax and Customs Administration (NAV) and the Supervisory Authority for Regulated Activities (SZTFH) cooperate closely in the action against Elf Bar. The GVH...
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A summary of the antibiotic treatment of food-producing animals was prepared
For more than a decade, Hungary has been voluntarily providing data on the wholesale trade of veterinary medicinal products containing antibiotics, but from 2024, in addition to sales, it will...
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Coca-Cola bottler CCEP intends to acquire Coke’s Philippines business for $1.8 billion
Coca-Cola Europacific Partners said last week it intends to jointly acquire Coca-Cola Beverages Philippines with Aboitiz Equity Ventures (AEV) for $1.8 billion, in an effort to become the world’s largest...
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Paper Receipts No Longer Issued Automatically In France
As of 1 August, paper receipts will no longer be issued automatically in France – a measure implemented with the aim of saving paper, trees and water, the government has...
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Supermarket plastic bag use falls 98% since introduction of 5p charge
The use of single-use supermarket plastic bags has plummeted 98% since retailers began charging for them in 2015. The Department for Environment, Food and Rural Affairs (Defra) said that the...
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The autumn corn sowing season is about to begin
The fungal diseases that appeared after the cool, rainy spring caused significant problems for the fall corn seeds as well. According to the Interprofessional Organization and Product Council of the Seed...
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Tourism in Mátra may get better
Significant tourism developments will be completed in seven settlements in Mátra for a total of about HUF 600 million this fall – Graven Idol Kft., responsible for the communication of...
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The market difficulties of Ukrainian grain imports could be handled with transit support
With European Union transit support, Ukrainian grain could be delivered to its former traditional markets, said István Nagy, who held a meeting with Mykola Solský, Minister of Agriculture and Food...
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Retail turnover decreased by 8.3%
In June, according to raw data, the volume of retail trade decreased by 7.8%, close to expectations, and by 8.3% when adjusted for calendar effects, significantly easing compared to the...
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FAO Food Price Index rebounds in July
Global food commodity prices rose in July, influenced by the termination of the Black Sea Grain Initiative and new trade restrictions on rice, the Food and Agriculture Organization of the...
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K&H: “everyday” costs HUF 60,000 more per month
There is still hardly anyone who does not spend more on living than a year earlier, according to the second-quarter K&H secure future survey, which examined changes in the expenses...
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Fewer customers is an increasingly pressing problem for SMEs
The lack of demand is causing more and more difficulties, endangering the operation of a quarter of the companies, according to the results of the second quarter of the K&H...
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The GVH warns of fraudsters
Internet fraudsters are trying to mislead consumers with a mobile application that is deceptively similar to the online Price Monitor. The Economic Competition Office (GVH) hereby also draws attention to...
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The News of the Price Watcher reached many people – the site already had more than 910,000 visitors
In just one month, more than 6 million people were informed about the online Price Monitoring system operated by the Economic Competition Authority (GVH), revealed the Pulzus Kutató survey, commissioned...
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Change in the EKD system: even smaller investments can receive significant support
The non-refundable cash support provided by individual government decision (EKD) can also be requested for developments that are lower than before, already 3 million euros instead of 5. The amendment...
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Koltech Kft. built a new irrigation warehouse in Szeged
With an investment of more than HUF 261 million, Koltech Kft. has established one of the largest irrigation technology stores in the country, primarily serving horticultural needs, in Szeged-Szőre, managing...
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Poland estimates the costs of expanding Ukrainian grain transit at around one billion euros
Poland estimates the costs needed to expand Ukrainian grain transit at about 1 billion euros, confirmed Andrzej Sados, Poland’s permanent representative to the European Union, according to media reports on...
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KMVNF in Csíkszereda: They would bring together businesses from the Carpathian Basin
At the end of June, the National Forum of Hungarian Entrepreneur Associations of the Carpathian Basin (KMVNF) held its first outdoor meeting of the year in Csíkszereda. At the event,...
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Agrometeorology: both drought and saturated soil occur in Hungary at the beginning of August
While the western part of Transdanubia has received abundant precipitation in recent weeks, there is a drought in the central part of Hungary and the rain is needed, the National...
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National champions in the food industry
Hungary’s success comes from the operation of successful Hungarian enterprises and companies, therefore there will be national champions in the food industry who will also hold their own on the...
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FAO: global food prices rose in July
The world market price of food increased in July compared to June, according to data published on the website of the UN Food and Agriculture Organization (FAO) on Friday. The...
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Másfélfok: An increasingly large area of Hungary may be affected by drought
According to several climate simulations in Hungary, it is necessary to prepare for the increase of drought areas in the future, which can be avoided if we reduce the emission...
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After 30 years of operation, Dia To Exit Portugal
Spanish retailer Dia Group has announced it has reached agreement with Auchan Retail over the sale of its business in Portugal, for €155 million. In a statement, Dia said that...
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Top 10 most valuable beer brands in the world
New research has revealed which beer brand is the most valuable in the world this year, with the previous title-holder taking second place in 2023 to a new frontrunner. Brand...
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Consumers are “well informed” about insect-based foods, says European Commission
The European Commission (EC) has confirmed that consumers can easily access all the information they need on insect-based foods. The European Commissioner for Health and Food Safety, Stella Kyriakides, stated...
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EU compensation due to Ukrainian grain imports can be applied for in autumn
Taking targeted use into account, the Ministry of Agriculture will determine the conditions for using the symbolic amount of EUR 15.9 million in compensation awarded by Brussels to deal with...
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Product recall at dm
As a precaution, dm is recalling from its shelves on 04.06.2024. dmBio raspberry puffed rice disc with an expiration date. It cannot be ruled out that the packages with the...
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This summer’s harvest is coming to an end
This year’s summer harvest work is coming to an end. Compared to last year’s extremely droughty year, the harvest is more favorable and more than covers the domestic supply needs, but...
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The GVH has finalized its report on the accelerated sectoral examination of durable foods
After the public consultation, the Economic Competition Authority (GVH) published on its website the final report of the accelerated sectoral investigation conducted on the durable (canned and frozen) food market....
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