Market News
Probiotics, botanicals to drive APAC’s health and wellness packaged food in 2024
They were dubbed as rising super ingredients. Probiotics and botanicals are set to drive growth in health and wellness packaged foods in Asia, with nearly 70% of probiotic culture ingredients...
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Climate change is also a serious challenge for chrysanthemum growers
This year, around 15 million chrysanthemums were produced in Hungarian gardens, less than the average, according to the overview of the National Chamber of Agrarian Economy. At the end of...
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Penny Italia Launches New Private-Label Line For Customers Aged 50 And Above
Penny Italia has launched Foreveryou, a new own-brand product range designed for consumers between the age of 50-70 years. In stores from 7 November, Foreveryou will initially offer 15 functional...
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(HU) Élelmiszerlánc-biztonság: kedvezőek az idei nyári tapasztalatok
Food chain safety: positive experiences this summer The summer seasonal food chain inspections were a success. This article is available for reading in Trade magazin 2024/10 During the two-month series...
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These are new opportunities for domestic wool utilization
The Ministry of Agriculture held a professional consultation on expanding the utilization possibilities of domestic wool under the leadership of State Secretary for Agriculture and Rural Development Zsolt Feldman. During...
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KSH: in August, gross average earnings were HUF 628,800, 13.1 percent higher than a year earlier
In August 2024, the gross average salary of those employed full-time was HUF 628,800, and the net average salary calculated with allowances in mind was HUF 433,100. The gross average...
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Eurostat: packaging waste produced by EU residents decreased in 2022
In the European Union, 83.4 million tons of packaging waste were generated in 2022, 186.5 kilograms per inhabitant, which is 3.6 kilograms less than the 2021 figures, but an increase...
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On the way to “economic neutrality”: wage catch-up
It seems that the Government has decided to carry out a forced wage catch-up in the coming years. Within this framework, he expects the minimum wage to be 1,000 euros...
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NGM promises an average salary of HUF 1 million
According to Márton Nagy, the minimum wage of 1,000 euros and the average salary of 1 million forints are achievable, the Minister of National Economy held a meeting on Tuesday...
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The Hungarian presidency stands for farmer-centered EU agricultural policy
The interests of farmers must be put back at the center of EU agricultural policy. In recent years, the decision-makers in Brussels seem to have lost sight of this, István...
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Soft paper, hard market
The market for facial tissues and napkins underwent significant changes in the past few years, shaped by consumer habits, sustainability requirements and the economic environment alike. This article is available...
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Rainwater is our friend
Sustainability is more and more important part in urban development, especially in the field of rainwater management. This article is available for reading in Trade magazin 2024/10 Experts interviewed by...
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The Nébih plum held a variety presentation at the Pölöskei Breed Experiment Station
At the end of August, the National Food Chain Safety Office (Nébih) organized a plum variety show at the authority’s Pölöske Variety Experiment Station. The participants who came to the...
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MNB: before a slow turnaround, the commercial real estate market
The lower-than-expected GDP growth has not yet been able to significantly support activity on the commercial real estate market, but the market cycle may have reached its bottom, said Tamás...
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Producer workshops have started to support the preservation of water in the landscape
On behalf of the Ministry of Agriculture, the Agricultural Economics Institute (AKI), the National Water Directorate General (OVF), the Irrigation and Water Management Research Center of the MATE Institute of...
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Mineral water site added to Refresco’s portfolio in Germany
In Germany Refresco has reached an agreement with Vivaris to acquire the Grüneberg mineral water plant in Brandenburg. The transaction will expand the company’s branded product and contract manufacturing activities,...
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These Hungarians have 8.5 million in pension savings
According to recent news, pension fund members have an average of HUF 2 million in savings. But if we dig deep into the data, we can actually find savings of...
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We put aside twice as much per month as we did five years ago
More and more people have savings, and the average amount set aside each month has more than doubled in five years, and this year already exceeds HUF 46,000. Most people...
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Agrometeorology: the soil is sufficiently moist, ideal for the development of rapeseed and autumn ears of corn
The soil is mostly sufficiently moist, rapeseed and autumn ears can also develop under ideal conditions, HungaroMet Zrt. wrote in its agrometeorological analysis on Thursday. As it was written, in...
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Same-day delivery by dm in partnership with Wolt
From August dm customers in Budapest can choose a new delivery method for their online orders. This article is available for reading in Trade magazin 2024/10 Thanks to Wolt Drive,...
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MAGOSZ and NAK start touring the country
The Association of Hungarian Farmers and Farmers’ Cooperatives (MAGOSZ) and the National Chamber of Agricultural Industries (NAK) are traveling the country to inform Hungarian farmers about the planned termination of...
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Rohlik Group Expands with Unique Strategy in the European Online Grocery Market
Rohlik Group, now present in five European countries, bases its strategy on a wide product range, great service, freshness, sustainability, and excellent value for money, according to Petr Chvojka, the...
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Carrefour feels impact of price competition and Sunday openings
Carrefour sees sales rising thanks to encouraging evolutions in consumer behaviour. But in France price investments are weighing on revenues, while in Belgium Sunday openings at Delhaize are playing tricks...
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The participants of the soil protection questionnaire were most interested in these topics
In the summer, the population and soil protection experts were able to express their opinions on the condition of domestic soils, soil protection and the National Soil Database. More than...
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Young people like digital payment solutions
Digital payment solutions are gaining popularity among high school students, because bank card and smartphone payments are more convenient and faster than their cash counterparts. In addition, using them, the...
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There has been a drastic increase in mushroom poisoning incidents across the country!
With the start of the mushroom season, illnesses after consuming mushrooms also increased, currently the number of mushroom poisoning incidents has increased tenfold compared to the average number of incidents....
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Unilever power brands drive sales growth in third quarter
Unilever has seen strong growth in the third quarter of 2024 as demand for its power brands such as Dove, Hellmann’s and Magnum soared, despite turnover remaining flat. The London-listed...
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K&H: Digital twins are coming, but what are they?
A digital twin is an advanced technology that allows the creation and simulation of a virtual counterpart of physical objects, systems or processes. These digital replicas collect and analyze data...
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A call for tenders aimed at supporting organic farming has been published
A new five-year support program for organic farming will start in 2025. Farmers can submit their applications between November 25, 2024 and December 23, 2024. In the current cycle of...
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This is why many people still choose shops instead of buying online
According to a recent EY international survey of more than 23,000 consumers in 30 countries, shoppers still prefer to examine products in person before buying, which favours traditional shops over...
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