Market News
This summer as well, Nébih is restricting the start of long-distance live animal shipments
In accordance with the practice of recent years, the National Food Chain Safety Office (Nébih) will also limit the start of long-distance live animal shipments in non-air-conditioned vehicles in the...
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BAT and Amazon under investigation in Italy about tobacco heater ad
British American Tobacco and Amazon are under investigation in Italy, because regulators claim one of their ads for the Glo Hyper X2 tobacco heater is potentially misleading. The regulator opines that the...
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Fütyülős evokes tropical flavors with this year’s innovation
Fütyülős spices up the season with exotic innovation: with Tropical Fruits, the consumer is transported to palm-fringed beaches. The new flavor, as well as the Watermelon and Peach Honey products,...
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Overall, the inspection of the beach buffets ended with positive experiences
The beach buffet inspections carried out during this year’s extended summer seasonal food chain inspection ended with positive results. In the first two weeks of the nearly two-month-long series of inspections,...
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Co-op Launches Campaign On Social Mobility To Break ‘Class Ceiling’
UK retail and services business The Co-operative has announced it is taking action to break what it describes as the ‘Class Ceiling’, as new research has found that a significant...
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Ferrero on track with sustainability initiatives
The Ferrero Group is on track to meet key sustainability goals, according to the company’s 14th annual sustainability report. The 94-page report underlines sustainability progress made during the 2021-22 financial...
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The Black Sea grain agreement must be extended
The Black Sea grain agreement, which expires on July 18, must be extended and expanded, so that Ukrainian agricultural products can once again reach the southern European member states, Africa...
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We expect excellent Hungarian melons this year
The sale of Hungarian melons has started, domestic producers are expected to harvest 125-130 thousand tons of watermelons and 10-12 thousand tons of cantaloupe from the fields during the summer...
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Indulgence isn’t enough
Occasional indulgence – this is the main motivation of milk dessert buyers. Unfortunately, there were fewer of these occasions last year, because of the price increase. Richárd Révész, Danone Magyarország...
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György Raskó: There could be a big rise in prices after the introduction of the food price cap
After the removal of price caps, the prices of cooking oil, pork, and chicken breast could increase by up to a third, warns agricultural economist György Raskó. The procurement prices...
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Lots of imported potatoes arrive in Hungary
Fruit and vegetable growers are going through a difficult time and this is affecting production as well. In particular, potato production is in a catastrophic situation, as the export volume...
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Brazil’s JBS Starts Building Lab-Grown Beef Factory In Spain
Brazilian meatpacker JBS said that its subsidiary BioTech Foods has started construction in Spain on its first commercial-scale plant to produce lab-grown meat, which is set to be completed by...
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Food industry companies and the automotive industry provide the basis for market growth in the CEE-12 region
In the CEE-12 region, the total stock of industrial and logistics real estate exceeded 65 million square meters by the end of 2022, which is 30 percent higher than the...
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Stricter EU regulation is needed because of imitation meat and dairy products of plant origin
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...
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István Nagy: food self-sufficiency is a strategic issue
In the shadow of the war, food self-sufficiency is a strategic issue – the Minister of Agriculture stated at the round table discussion of the 32nd Bálványos Summer Free University...
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The decline in retail trade in the Czech Republic continued in May
The decline in retail sales in the Czech Republic continued in May. However, the annual drop of 6.1 percent in May is a slightly better result than the 8.4 percent...
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Precision breeding can help mitigate the harmful effects of climate change
One of the possibilities to mitigate the challenges facing agriculture is precision breeding, which is an innovative process in which researchers only use useful properties that occur in nature, thereby...
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Whole Foods restructuring cuts hundreds of jobs
Whole Foods Market is reducing its operating regions from 9 to 6, and the retailer is streamlining the organisation of parts of its global and regional support teams. According to...
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Seasonal food chain checks around Lake Balaton have started
Every year, Nébih coordinates three seasonal food chain inspections, stated Balatonlellén, the State Secretary of the Ministry of Agriculture responsible for the food industry and trade policy. Dr. Márton Nobilis...
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The EU has signed a free trade agreement with New Zealand
The European Union and New Zealand signed a free trade agreement, as a result of which bilateral trade is expected to increase by up to 30 percent within a decade,...
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Two-thirds of employees fear for their jobs from artificial intelligence
Artificial intelligence has irreversibly broken into the world of work, and companies are already automating 34% of processes, and according to estimates, an even bigger jump will come in the...
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Nébih’s no food leftovers program has received several international awards
The food waste prevention program of the National Food Chain Safety Office (Nébih) has achieved outstanding success in several forums. In addition to being selected as one of the top...
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Dutch online supermarket Picnic launches in Berlin
Online supermarket Picnic has expanded its German activities to fifteen districts of the German capital, Berlin. More are to follow soon. Expectations are sky-high: even before the launch, some 35,000 households...
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Walmart to invest $257 million in beef-packing plant in Kansas
Walmart announced it would invest $257 million to open a beef-packing plant in Olathe, Kansas in 2025, which would create more than 600 jobs. The facility will package and distribute...
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Hungary is once again free of highly pathogenic bird flu
According to the relevant regulations of the World Organization for Animal Health (WOAH), Hungary regained its freedom from highly pathogenic avian influenza. The favorable status for the entire country allows for...
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What should be done with the orders of the Territorial Monitoring System?
In the past period, 28,000 producers have been notified electronically that there are administrative non-compliances or deviations detected by satellite images in their submitted 2023 uniform application. In addition to...
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Cereal bars, mueslis and breakfast cereals
The cereal market consists of cereal bars, mueslis and breakfast cereals. Shoppers have become price-sensitive recently, because of the growing inflation, and this had a negative effect on breakfast cereal...
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What impact will artificial intelligence have on advertising practice?
The DIMSZ Data-Driven Marketing Association and the Self-Regulatory Advertising Board (ÖRT) organized a workshop to present the common points of connection between artificial intelligence and advertising. How do we envision...
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Inflation decreased to 20.1%
As expected, inflation decreased to 20.1% in June from 21.5% in April, which was contributed by almost all factors except the prices of clothing, other items, fuel and service providers....
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MNB: food and manufactured goods curbed inflation in June
In June, the slowdown in inflation continued for the fifth month. Compared to the previous month, inflation slowed by 1.4 percentage points to 20.1 percent; the slowdown was almost entirely...
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