Market News

The summer food chain inspection begins on Friday

The traditional summer food chain inspection will begin on Friday and last until August 11, said the Secretary of State responsible for food industry and trade policy of the Ministry...

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Hungarian champagnes have returned to the forefront of Europe

The goal of the Hungarian government is still clear, priority support for increasing the value of agricultural products and promoting the technological development of processing plants – Minister of Agriculture...

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K&H: the majority of Hungarian companies focus on the digital transition

The majority of companies operating in Hungary focus on the digital transition, today only 34 percent do not see this as a significant challenge – K&H told MTI on Friday....

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Sándor Czomba: the government supports the strengthening of the SME sector

The government supports and intends to help the domestic SME sector strengthen and improve its international competitiveness with all possible means, said the State Secretary responsible for employment policy of...

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Budapest hosted the GREEN BRANDS awards gala for the first time

More than 100 people gathered from the Czech Republic, Hungary and Slovakia in Hotel Helia in Budapest, to celebrate the 2021/2022 & 2022/2023 winners of the GREEN BRANDS sustainability certificate...

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The renewed summer seasonal food chain control is starting

The national seasonal food chain inspection will begin on June 16. Dr. ordering the summer muster. Márton Nobilis, the state secretary responsible for the food industry and trade policy, pointed...

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Lidl to expand its Terra Naturra range in Switzerland

Lidl Switzerland will expand its Terra Natura range – these food products meet high animal welfare and environmental standards – by more than 20%, in comparison with the previous year....

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Martian soil may be good for growing rice

Martian soil may have all the essential nutrients needed for growing rice, which is one of the most important foods – planetary scientist Abhilash Ramachandran told at a conference on...

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Sustainability management – no escape!

In the age of sustainability, if companies want to stay competitive, they have no choice but to hire experts to help them in this process. The Certified Sustainability Manager (CSM)...

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New protection of origin rules are coming in the Nagy-Somlói wine region

The regulations for the protection of origin in the Nagy-Somló wine region are changing, only the name Somló will remain in use – Minister of Agriculture István Nagy announced at...

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Carrefour France Introduces AI-Powered Online Shopping Chatbot

French retailer Carrefour has rolled out a new chatbot based on OpenAI’s ChatGPT-4 technology, to improve the online shopping experience. Via the Hopla chatbot, Carrefour’s online shoppers in France will...

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60% Of Men Drink Alcohol To Cope, Notes Drinkaware

Some 60% of men drink alcohol to cope, according to Drinkaware’s Annual Barometer for 2022. According to the charity working to reduce and prevent the misuse of alcohol, men are...

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Unilever extends supply agreement with Barry Callebaut

Unilever has renewed its long-term chocolate and cocoa supply agreement with Barry Callebaut, extending a partnership that originally was initiated in 2012. Under the renewed agreement, Barry Callebaut will continue...

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The number of needy children in Hungary has increased to two hundred thousand

In Hungary, more and more people are suffering from poverty due to the current economic situation, as well as inflation and partial utility increases. Many small children never receive a...

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The market builds community

It is important to preserve our Hungarian culture in Hungary, and going to the market is also an integral part of Hungarian culture – declared Dr. Márton Nobilis, the State...

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(HU) XIXO Tutti Fruity Cactus

A new product in the XIXO Tutti Fruity range: Cactus takes us straight to the tropics. It has a style like no other, 5 types of vitamin B, it is...

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Food prices continue to rise due to the EPR

Food prices could increase by up to 4 percent due to the introduction of extended producer responsibility and the new industry burden for packaging materials. Starting from July 1st, in...

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This is how we can pay taxes in 2024: a summary of the package of proposals amending next year’s tax laws

On June 6, the Government submitted to the Parliament (No. T/4243) the bill containing the latest tax package (“Proposal”), the main points of which are described in this newsletter. Changes...

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Violife offers vegan alternatives with a diverse portfolio

In May Violife appears on the shelves of Hungarian stores with a wide range of plant-based, dairy-, gluten- and preservative-free products. This article is available for reading in Trade magazin...

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The payment of subsidies to butcher shops has started

The Ministry of Agriculture, which entrusted the Herman Ottó Institute with the payment of the subsidy, has started. The success of the tender announced in February is proven by the...

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Domestic companies are actively recruiting again for the third quarter

Sorry, this entry is only available in HU....

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We get upset if there are spelling mistakes on a webshop

It is more important for us to judge a webshop whether it has spelling mistakes than whether the return and refund option is clearly indicated – the data of Shoptet’s...

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K&H: There is a big gap between inflation and the financial expectations of SMEs

After the slight improvement in the previous quarter, businesses are again expecting a smaller increase in sales and profits: an average increase of 8 percent in revenue and 3.3 percent...

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Sustainability efforts can only be achieved through joint action

Sustainability is a horizontal issue, in connection with which all relevant actors must do their best to make effective progress – stressed Dr. Beáta Felkai, Deputy Secretary of State responsible...

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The shine of Michelin stars on the healthy product developed in Hungary

The International Taste Institute in Brussels recognized the Hungarian fiber drink with another Superior Taste Award, i.e. the grand prize for outstanding taste. The domestically developed activated FiberShake, which supports...

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Workplace productivity can drop by as much as 20% in good weather

Colleagues leaving sooner, postponed decisions, delayed projects and halved work force due to vacations. Familiar? It’s all a phenomenon that businesses face during the summer season, and many people accept...

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PepsiCo soon to complete EUR 127m investment project in Cork

According to IDA Ireland, PepsiCo is nearing completion with its EUR 127m investment project at its Little Island factory in Cork county. The initiative will create additional manufacturing capacity and...

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Young people keep the spirits up in the world’s most pessimistic country

Even in a global context, Hungarians see their own financial situation and the fate of the country’s economy the most pessimistically, according to the Hungarian data published for the first...

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Red berries: cooling, refreshing flavors for warm summer days

On this year’s Fruit and Vegetable Day, the focus is on red berries, which include many summer fruits: currants, raspberries, blueberries and blackberries, and their different types. Berries are generally...

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Ahold Delhaize reaches half a billion from ad revenue

Revenues from retail media are helping Ahold Delhaize keep prices low, CEO Frans Muller has revealed. The retailer has is “almost half-way” of its target of one billion euros in...

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