Market News
Jumbo Lowers Prices Of Own-Brand Meat Substitutes
Dutch retailer Jumbo has lowered the prices of own-label meat substitutes to ensure that costs align with comparable meat variants. Jumbo believes the move will help shoppers while selecting plant-based...
Read more
In November, the GKI economic index rose slightly
In November, consumers are somewhat more pessimistic and the business world somewhat more optimistic about the near future than they were in October, according to the results of a survey...
Read more
Fewer pigs and cattle went to slaughterhouses
Domestic slaughterhouses slaughtered more than 376,000 tons of poultry, nearly 307,000 tons of pork, and 34,000 tons of cattle in the first three quarters of 2023 (carved weight, slaughtered for...
Read more
Fish producers: the supply of fish will be plentiful at Christmas
The Christmas fish supply will be plentiful. The rainy weather favored the fish farmers, so they achieved better results this year than last year – the president of the Hungarian...
Read more
Florin: a key player in Hungarian households
The story of Florin began in 1957, when 12 “brave men” founded the Szeged Soap Making Chemical and Small Industries Cooperative in Szeged. This article is available for reading in...
Read more
Explosive candy and golden dumplings are also available, but jelly candy is still the most popular
Szaloncukor is a traditionally popular product of the Advent season. According to the map of the National Chamber of Agrarian Economy (NAK), each household buys 1 kilo of brown sugar...
Read more
Students from Budapest and Gyula won the national Knowledge Test of Hungarian Dietitians
Nearly 400 teams from the country’s 150 elementary schools took part in the Knowledge Test of the National Association of Hungarian Dietitians, where sixth- and seventh-grade students gave an account...
Read more
The sale of szaloncukor, which is made in more and more different flavors, is increasing every year
The turnover of szaloncukor, one of the most popular seasonal products of the Christmas period, is increasing every year, and although it is available in more and more different flavors,...
Read more
Opten: decreasing number of companies – what can be expected?
Based on OPTEN data, nearly 32,000 companies were closed this year, and the annual decrease, due to nearly 21,000 foundings, is slowly reaching 11,000. The high value of the number...
Read more
More female managers in logistics – an award was established to improve the gender ratio within the sector
In almost every sector, the gender distribution of managers is unequal, this is especially true for a profession that is considered masculine, such as logistics. Women are underrepresented in the...
Read more
Mihály Varga: from the point of view of sovereignty, the development of the food sector is crucial
From the point of view of Hungary’s sovereignty, the development of the food sector is a key area – stated the Minister of Finance at the handover ceremony of the...
Read more
AKG and ÖKO advance payments have started
The government and the Ministry of Agriculture continue to help Hungarian farmers with a number of tools. The advance payment of the 2023 agri-environmental management (AKG) and ecological management (ÖKO)...
Read more
The Artkartell campaign for Black Friday: “Invest in works of art instead of overconsumption!”
Artkartell “Invest in works of art instead of overconsumption!” is organizing an art fair in connection with Black Friday, which can be visited by those interested in Goli Park in...
Read more
Dutch PLUS begins transition to organic potatoes
The Dutch retail chain PLUS is gradually switching to selling organic potatoes only. The chain offers unprocessed organically grown potatoes in one-kilogram bags at the same price as regular potatoes....
Read more
E-commerce: only one in twenty visitors buys at Shein and Temu
Shein and Temu, the Chinese giants of e-commerce, are growing at a brutal pace, but they do not threaten the market leader in the online retail space, Amazon. Although Shein...
Read more
This year’s Black Friday broke all records in America
According to a recent report by Adobe Analytics, Black Friday e-commerce spending in the United States showed a significant 7.5% year-over-year increase, reaching a record total of $9.8 billion, CNBC...
Read more
The choice is not easy – advice before buying and installing fruit propagating material
The right propagating materials are indispensable in the creation of plots dotted with aesthetic ornamental plants, as well as home and hobby gardens that provide families with healthy fruit and...
Read more
An eco-tourism center was established in Várgesztes
n eco-tourism center called Keltike Ház was created as part of a municipal investment in Várgesztes, the mayor of the Komárom-Esztergom county settlement told MTI. Rising Károlyné (independent) said that...
Read more
The first independent animal husbandry department was founded 150 years ago
The year 1873 was a milestone in the education of veterinary medicine and a turning point in the history of Hungarian animal husbandry and animal health, said Sándor Farkas, deputy...
Read more
Beyond Meat makes another push into restaurants with Pizza Hut pepperoni in the UK
The topping will be available for a limited time starting in January. The plant-based pioneer has struggled to gain traction with similar partnerships in the U.S. Beyond Meat and Pizza Hut are...
Read more
Hungarian seed production is one of the most competitive sectors of agriculture
The long-term sustainability of domestic agricultural production is ensured by high-quality domestic seeds and propagating materials – Minister of Agriculture István Nagy declared at the 30th anniversary event of the...
Read more
PLMA: 64% of Gen Z shoppers buy private brands always or frequently
As younger shoppers look to save, private label products are becoming increasingly popular with Gen Z. In a survey by the Private Label Manufacturers Association (PLMA), more than two-thirds (67%)...
Read more
Spanish Supermarkets Lock Up Olive Oil As Shoplifting Surges
In Spain, the world’s biggest olive oil producer, supermarkets are locking up bottles of the staple cooking oil as prices surge and theft increases. One-litre bottles of extra-virgin olive oil...
Read more
The average price of fertilizers decreased by almost 30 percent
Among the materials used directly in agricultural production, only the average price of fertilizers decreased by nearly 30 percent. In the first three quarters of 2023, the price of plant protection...
Read more
Poor quality Ariel and Persil fakes hit the shelves
NAV cracked down on a man dealing in fake detergents. The bottles with branded labels contained poor quality chemicals, the fraudster earned at least 2 million by trickery. A man...
Read more
Dog meat is no longer available in Asia
South Korea may end a centuries-old tradition, as the parliament is debating a new bill that would ban the breeding of dogs for human consumption. The aim of the draft...
Read more
If a brand does not stand up for a good cause, the brand is not worth standing up for either – this was also the theme of the Superbrands 2023 Hungarian awards gala
In 2023, one of Hungary’s most important business awarding events, the Superbrands gala, was organized with the participation of a large number of nearly 100 award-winning brands. In addition to...
Read more
GKID research: We spend less, but order more online before Christmas
Although the number of online orders is increasing spectacularly compared to last year’s data, this is largely due to the rise of foreign e-traders, according to GKID’s current e-commerce survey...
Read more
Beverage manufacturers are asking for government help to reduce their burden
The Hungarian beverage producers’ associations welcome the start of the redemption system for beverage packaging next year, which will enable the circular economic model to be realized in the sector....
Read more
K&H: It turned out what businesses are most afraid of
Inflation is still the biggest difficulty for SMEs, but labor shortages have also become a determining factor again. Next year, however, it is not this, but the lack of demand...
Read more
