Market News
Magdolna Závogyán: Hungary is a festival superpower
Hungary is a festival superpower, the festivals bear witness to the fact that culture lives with us, it can be seen, heard and felt – said the state secretary responsible...
Read more
Slovenian farmers are worried about Ukrainian wheat and flour
Representatives of Slovenian farmers and cooperatives expressed their concern about imported Ukrainian wheat and flour, which are sold in Slovenia at very low prices, local newspapers wrote on Friday. Franc...
Read more
Prémium Kert Kft. expanded its capacity in Szeged
Prémium Kert Kft., which deals in vegetable and fruit trade, expanded its capacity in Szeged with EU support and an investment of more than HUF 178 million – the company...
Read more
With the launch of Topo Chico Sabores, Coca-Cola improves availability of the mineral water brand
Coca-Cola is rolling out Topo Chico Sabores, premium sparkling waters made with fruit juice and herbal extracts, in order to bring the fast-growing brand into a new non-alcoholic category. Topo Chico Sabores is available...
Read more
Roland Berger’s study analyzes successful pharmaceutical companies
The pharmaceutical industry outperforms many other industries, but revenue and profit trends can vary from company to company. In its Global Pharma Study 2023 report, Roland Berger analyzed more than...
Read more
How the craft beer and highball scene is growing in South Korea
The nation’s drinks sector, which has historically been dominated by giant local and multinational drinks companies, has according to local reports, seen the change due to the increasing popularity of craft drinks...
Read more
Carlsberg Unveils New Production Line At Kyiv Brewery
Danish brewer Carlsberg Group has announced a new production line at its Kyiv brewery, in Ukraine, which will increase the production capacity of canned products at the facility by 80%....
Read more
An extraordinary result in the defense against ASP: restrictions are eased
The size of the African swine fever (ASP) risk areas in Hungary decreased significantly, which made it possible to ease the epidemiological restrictions. This extraordinary result also proves that the measures...
Read more
Lidl GB To Incorporate ‘Prevented Ocean Plastic’ Into Its Water Bottles
Lidl GB has announced that it is the first UK supermarket to incorporate ‘Prevented Ocean Plastic’ into its water bottles. Prevented Ocean Plastic packaging, supplied and developed in conjunction with...
Read more
Producer cooperation in wine production
The wine industry can only be successful in the long term with cooperation and integration, Minister of Agriculture István Nagy declared on Friday at the Győr-Moson-Sopron County Wine Competition and...
Read more
Government policy: let’s improve the situation of domestic innovation in the food industry
According to the latest report by the Food and Agriculture Organisation of the United Nations (FAO), nearly 800 million people suffer from hunger on a daily basis, and more than...
Read more
More and more people are asking for a salary increase due to inflation, but almost a quarter of companies are considering downsizing
In about half of Hungarian companies, employees demand extraordinary wage increases, however, in the current situation, many companies are already having trouble avoiding layoffs, according to Intrum’s European Pay Report....
Read more
Auchan Go – a new dimension of retail
Auchan Retail Poland has launched the first fully autonomous store within its innovative Auchan GO concept. Located in Warsaw, the new cashier-free store is open 24/7 and allows customers to...
Read more
Travel and diet: how to eat smartly during your vacation
Last-minute shopping, traveling companions arguing with each other and constantly changing schedules – no matter how much the vacation is supposed to be about relaxation, let’s face it, a lot...
Read more
The renewed market hall in Békéscsaba was handed over
How can you open up more space for domestic foods? – the most obvious answer to this question is development, market renovation and construction. We need 21st-century fairgrounds where producers...
Read more
The Eurojackpot campaign created for Lounge Group Szerencsejáték Zrt. won silver at the international WINA Awar
The WINA (World Independent Advertising Awards) was created in 2016 with the aim of allowing the works of independent, multinational agencies and networks from all five continents to compete with...
Read more
Carlsberg reaches agreement with German Federal Cartel Office
Carlsberg has settled a legal case that has been going on for 11 years, so that the brewing company can focus on its core business. The legal case was part...
Read more
FAO and partner agencies tasked with leading $115 million Clean and Healthy Oceans Program
Az ENSZ Élelmezésügyi és Mezőgazdasági Szervezete (FAO) négy partnerszervezettel együtt valósíthatják meg a „Tiszta és egészséges óceánok integrált programot”. A kezdeményezés mintegy 115 millió dollár támogatást csatornáz az érintett területekre,...
Read more
According to 40% of young people, artificial intelligence would help them in their work
12% of employees have already used artificial intelligence for some purpose, experimentation is more common among young people, those with higher education and those living in Budapest. According to most...
Read more
Cutting-edge technology in Indonesian cocoa production
Indonesia is the world’s third biggest cocoa producer, but the sector is struggling with many problems – some of which could be solved with the help of AI technology. This...
Read more
Good brandy requires dedication
For years, we have increasingly noticed that the quality of brandies is also increasing, which is very important feedback for us – stated dr. Olga Beáta Felkai, Deputy State Secretary...
Read more
Agricultural startups can cooperate with large companies in solving sector challenges
Agriculture is under pressure, in which startups can play a prominent role. The NAK TechLab large-company startup program, which is being held for the fifth time, is meant to remedy...
Read more
Austro-Hungarian agricultural relations must be further strengthened
The cooperation between Hungary and Austria regarding agricultural digitization, plant breeding and agricultural damage mitigation practices needs to be further strengthened – stated Minister István Nagy, who held talks with...
Read more
Kellogg harvests better-for-you Pringles
The company debuted Pringles Harvest Blends, which include blended multigrain and sweet potato ingredients — a first for the snack brand. The Pringles are available in four flavors, two of which...
Read more
“Perceived” inflation significantly higher in Germany
Consumers in Germany perceive inflation to be three times higher than the actual rate. This has an impact on willingness to buy, as a recent study by Allianz Trade shows....
Read more
Colruyt Looks To The ‘Store Of The Future’
Belgian retailer Colruyt has announced it is testing a new technology to ensure that shelves remain optimally stocked, while also measuring how many customers enter the store and how busy...
Read more
AM State Secretary: the Ministry of Agriculture provides assistance to fish farmers
The government will provide HUF 3.1 billion in support to Hungarian fish producers until the end of this year – the Deputy State Secretary of the Ministry of Agriculture (AM)...
Read more
The currently known rules of the extended producer responsibility system would change significantly
On June 19, 2023, a proposal to amend the regulations of the extended producer responsibility system (EPR) was published on the website of the Ministry of Energy, which would fundamentally...
Read more
GFM: the mandatory promotions work and have had an effect
In order to reduce the increased food prices, on June 1, 2023, mandatory sales in retail stores began; the measure works well and has had its effect, the store chains...
Read more
Hungarians buy fewer baked goods
The majority of Hungarian bakeries escaped closure, however, due to the rising price of bread, the population buys less baked goods. According to the president of the Hungarian Bakers’ Association,...
Read more