Market News
Lifelong poisons – the new risk of food packaging
A plastic take-out box, a hamburger wrapper, fire-fighting foam or a raincoat: what they all have in common is that they may contain the infamous “everlasting substances”. PFAS compounds break...
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Expert dispels misconceptions about wage transparency
The EU Pay Transparency Directive will come into force next summer, which could fundamentally transform corporate pay practices. Although the Hungarian transposition legislation is still pending, the principle of “equal...
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Rising prices, declining exports – the Hungarian poultry sector shows a mixed picture
According to the latest data from the Institute of Agricultural Economics (AKI), slaughter chicken and turkey prices in Hungary increased in the first thirty-eight weeks of 2025, while poultry meat...
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Imre Hubai: buying domestic products is important from both a national economic and national security perspective
From a national economic and even national security perspective, it is important that the population primarily seeks and buy domestically produced products, especially in the case of food, the production...
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Value and quality as the most important tools for consumer confidence
On 11 September the Value and Quality Award ceremony was held for the 8th time, in the building of the Hungarian Parliament. This year 34 applicants and 40 entries were...
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The decline of the walnut sector – under the pressure of import and climate challenges
The domestic walnut harvest has fallen to a historic low: in 2024, only 5,300 tons of walnuts were produced in Hungary, which is the lowest amount in the past ten...
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István Nagy: the poultry sector is one of the most competitive livestock sectors
The poultry sector is one of the most promising and competitive livestock sectors in Hungary – the Minister of Agriculture stated on Thursday in Somberek, Baranya County. István Nagy emphasized...
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Dependence on the American market can pose a serious competitive disadvantage in exports
The new trade agreement between the United States and the European Union signed on July 27th will change the level of tariffs imposed on products coming from Europe. The 15%...
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Value of smartphone payments approaches HUF 1,400bn
Nearly HUF 1.4bn and 173 million transactions: this is the balance sheet for smart device payments at K&H over the past three years. This article is available for reading in...
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FAO raises global cereal production forecast for 2025 to 2.971 billion tonnes
The UN Food and Agriculture Organization (FAO) has raised its global cereal production forecast by 10.1 million tonnes to 2.971 billion tonnes compared to its September forecast, the Rome-based organization...
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Nébih’s online Kitchen Control student competition is starting again this year
On October 6, the National Food Chain Safety Authority (Nébih) will launch a large-scale online student competition on the Okos Doboz platform. The competition will be based on further expanded...
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Grapevine golden yellow disease confirmed in two more wine regions
The Nébih laboratory has detected Grapevine flavescence doré (FD), which causes grape golden yellow disease, in both the Balatonfüred-Csopak and Eger wine regions. The pathogen is already present in 17...
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Edeka Wins German Sustainability Award
German food retailer Edeka has received the German Sustainability Award in the “Food Retail” category. The jury praised Edeka’s environmental efforts, highlighting its commitment to freshwater protection and the expansion...
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Europol: €95 million worth of counterfeit or expired food seized worldwide
In the fourteenth OPSON operation coordinated by Europol, the European Union’s police cooperation organization based in The Hague, law enforcement authorities from 31 countries, in cooperation with food and beverage...
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The amount of national subsidies has more than doubled
The budget for agricultural and rural development subsidies for 2025 is approximately HUF 1,504.7 billion, of which HUF 602.3 billion was used from domestic and EU funds in the first...
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Online supermarket Picnic launches subscription model
Online supermarket Picnic is launching a discount subscription in the Netherlands and Germany to encourage healthy eating: with Picnic Family, customers receive a 10% discount on fresh fruit and vegetables,...
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Climate protection supervision fee: payment deadline approaching
The payment of the climate protection supervision fee for the second half of 2025 must be made by March 31, 2026. For businesses, this is one of the most important...
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Abu Dhabi, Goldman Sachs Invest In Haagen-Dazs Maker Froneri At €15bn Valuation
Goldman Sachs and the state-linked Abu Dhabi Investment Authority (ADIA) have invested in Haagen-Dazs owner Froneri, in a deal that values the ice cream company at around €15 billion ($17.6...
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István Nagy: the most decisive action must be taken against the American grape cicada that spreads golden yellow infection
The most decisive action must be taken against the American grape cicada that spreads golden yellow infection in vineyards – emphasized István Nagy, Minister of Agriculture on the M1 current...
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Strengthening the rural economy means strengthening the whole of Hungary
Strengthening the rural economy means strengthening the whole of Hungary – stressed Minister of Agriculture István Nagy on Friday at the handover of the expanded service hall of Waberer’s in...
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FAO: Global food prices fell in September
World food prices fell in September, according to data published on the website of the Food and Agriculture Organization of the United Nations (FAO) on Friday. The leading global price...
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Stricter measures are coming on the Trappist and wild sourdough fronts – new regulation protects customers
On October 2, new, stricter regulations for the production of Trappist cheese and “wild sourdough” bread came into effect. The new regulation aims to restore consumer confidence and strengthen the...
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Producer prices fell in both the euro area and the European Union in August
Industrial producer prices in the eurozone and the European Union fell both month-on-month and year-on-year in August, according to data released by the European Union’s statistical office, Eurostat, on Friday....
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The entire Széchenyi Card Program is available with a 3 percent interest rate
The economic government has announced another favorable step: from October 7, all loan products of the Széchenyi Card Program will be available at a fixed interest rate of 3 percent....
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Hungary in the TOP 10 list of European fresh vegetable exporters
In the middle of summer, fresh vegetables are particularly popular – not only on Hungarian tables, but also in the shopping baskets of foreign consumers. Hungary ranks 10th among European...
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Deloitte: 26 outstanding Hungarian companies awarded
Deloitte’s Private Best Managed Companies business mentoring program was launched in Hungary in 2022 with the aim of providing professional support to domestic private companies and recognizing outstanding performance; based...
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Over 2,000 new hotels in one year – explosive brand expansion in the global hotel market
According to Moore Hotels Quarterly, the portfolio of international branded hotels has grown by more than 2,000 new hotels in a single year, while European tourism has fully recovered and...
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The inhabitants of the hive don’t rest in the fall either: this is how we can help pollinators
Every third bite of food is thanks to pollinators, without their work we would lack basic food. Although most of us think of bees in spring and summer, autumn is...
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Productivity and sustainability are necessary allies
Hungary can show serious results in expanding organic farming, reducing the environmental footprint of food production, promoting the circular economy and supporting local food chains – emphasized Oszkár Ökrös, Deputy...
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The world is amazed by us: we are setting a world record in the pace of wealth creation, Blochamps’ prognosis predicted this already in 2019
“The exciting question is not that many people became billionaires, but how quickly,” emphasizes István Karagich. The Forbes rich list published today confirms the accuracy of Blochamps Capital’s predictions: in...
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