Market News
Students from eleven countries received diplomas within the joint scholarship program of the Hungarian government and FAO
On July 6, 2023, the Ministry of Agriculture held its traditional event, the farewell party for the graduating scholarship holders. Students from Jordan, Georgia, Ghana, Ethiopia, Algeria, Egypt, Lebanon, Nigeria, the...
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Dolmio’s new packaging in the United Kingdom
Dolmio is launching a packaging revamp, with a new visual identity which wants to be “bolder, punchier and sharper than ever”. The relaunch from the icononic Italian pasta sauce brand seeks...
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The age of disruptive products is over, Rabobank report says
While disruptive food products and brands attracted interest from food companies and funds from a variety of investors in the past, the appetite for these types of innovations seems to...
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Continente Opens Innovation Lab For Private Label Products
Portuguese food retailer Continente has opened an innovation centre for research and development of private-label products. The opening of the 1,200-square-metre Co-Lab: Customer Innovation Lab follows an initial investment of...
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Agricultural relations with Malaysia are getting a new impetus
Hungarian and Malaysian relations should be strengthened at the commercial, plant breeding, educational and scientific levels as well – said István Nagy, Minister of Agriculture, who consulted with Datuk Seri...
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Activia launches new high-fibre range of yoghurts
Activia has launched a new Activia Fibre range of yoghurts. The range is available in three flavours: Walnut & Oats, Apple & Cereals and Muesli. The products are first launching...
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What will the future bring? – Changing innovation rules
Food policy analyst Réka Szöllősi spoke about the planned future regulations in both Hungary and the European Union at the Innovation Day conference. She told it is a big advantage...
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MBH Bank predicts sustained economic growth of over 4 percent from 2024
The rate of economic growth may permanently exceed 4 percent from 2024, and inflation may decrease significantly during the second half of this year, MBH Bank experts said on Wednesday,...
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VG.hu: the decline in food inflation may have continued in June
The slowdown in price increases in Hungary continued in June. Consumer prices rose by 20 percent on an annual basis, which is lower compared to the 21.5 percent increase of...
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Fidelity: Who will be the AI winners?
It’s all about generative artificial intelligence these days. It has the potential to truly transform the world around us, but like several other recent technological innovations – electric vehicles, renewable...
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Spain’s DIA to open five new shops in Andalusia
Spanish retailer DIA plans to open five new stores in Andalusia this year. This step will see DIA expand its franchises to over 300 and add 3,437m² of sales area...
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Szijjártó: the government is launching another HUF 6.5 billion support program in Bosnia and Herzegovina
Hungary will launch another HUF 6.5 billion support program in Bosnia-Herzegovina from August 1st, within the framework of which producers can buy Hungarian agricultural equipment, Minister of Foreign Affairs and...
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Kerry Group Opens Taste Facility In Indonesia
reland’s Kerry Group has announced the opening of a new taste manufacturing facility in Karawang, West Java, Indonesia. The taste and nutrition firm said the 50,000 square metres facility will...
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Alcohol, meat and confectionery theft at decade-high
Theft of alcohol, meat and confectionery is at its highest rate in a decade as the cost-of-living crisis continues. According to the Association of Convenience Stores, over 1.1m incidents of...
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Uber Health expands to offer grocery and over-the-counter delivery
Uber Health, the healthcare arm of Uber, has expanded to launch grocery and over-the-counter item delivery. The platform expansion will ultimately allow both users and providers to use one platform...
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Using eGN becomes even easier: the Copy and Export functions are available
The office expanded the electronic management diary with new functions. It will be of great help to users that they can already copy and export in eGN in the future. Nébih’s...
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The art of persuasion
At this year’s Inno d’Or conference, persuasion and influence technique expert Dr László Újszászi-Bogár was the keynote speaker. This article is available for reading in Trade magazin 2023/6-7. He revealed...
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In the OECD, inflation slowed down in May
In the countries belonging to the Organization for Economic Cooperation and Development (OECD), the annual growth of consumer prices slowed to an average of 6.5 percent in May, the lowest...
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Bill Gates ‘wastewater beer’ could be as disruptive as Microsoft
Disgruntled consumers might refer to bad beer as tasting “like dishwater” but new tech being developed in California could mean that before long beer could be made from purified shower,...
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Generation gap among online customers: the younger they are, the faster they want to receive their order
For younger customers, the speed of delivery is particularly important in Hungary: almost half of Generation Z have already abandoned the online ordering process after selecting the products, because they...
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Our food safety also depends on the new GMO regulation
In the near future, the European Union will discuss gene technology rules, the draft of which is expected to be presented by the European Commission on July 5, 2023. Based...
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Wine Spectator once again awarded the wine lists of Hungarian restaurants
The wine lists of three restaurants in Budapest and one in Miskolc were also awarded by Wine Spectator, one of the world’s most influential wine magazines. For decades, the American...
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New HR manager at CETIN Hungary Zrt
The independent, integrated telecommunications infrastructure provider CETIN Hungary Zrt. has appointed a new HR director in the person of Emőke Erdélyi. A specialist with nearly twenty years of experience in...
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Agrometeorology: there was no shortage of precipitation in the spring, but the frosty mornings threatened the orchards this year as well
Changeable, capricious spring weather characterized this year’s spring: unlike in previous years, there was no shortage of precipitation, but the frosty dawns threatened the orchards until the end of April...
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European Payment Initiative acquires Dutch company iDeal
Dutch payment service iDeal has been acquired by the European Payments Initiative (EPI), a collaboration of European banks. iDeal’s technology provider Payconiq and the Belgian payment platform Bancontact have been...
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Work Force: more than 45 percent of career starters plan to stay at a workplace for at least five years
In Hungary, more than 45 percent of the 18-25-year-old age group plans to stay in a workplace for five or more years – Work Force Kft. announced on Tuesday with...
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The harvest has started in Békés County
The harvest has started in Békés County, the farmers have almost finished harvesting the autumn barley, the harvest falls short of expectations – the Békés County Directorate of the National...
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HELL Energy – On a sustainable path
In April HELL Energy hosted the meeting of the Green Chapter of the Hungarian Marketing Association (MMSZ). This article is available for reading in Trade magazin 2023/6-7. First CSR manager...
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Queen bees of unknown origin can be dangerous
The Pannonian bee breed, continuously bred for almost half a century and maintained by the Hungarian Beekeepers’ National Association (MMOE), is currently the only state-recognized bee breed that can be...
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Aldi Süd Launches New Organic Brand ‘Nur Nur Natur’
Aldi Süd says Nur Nur Natur stands for high-quality raw materials, such as ancient grain or cold-pressed oils for gentle processing with extra-long maturing times. The discounter says flavour-enhancing ingredients,...
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