Market News
A new life for chip bags – a sustainable idea won the Samsung and EdisonKids competition
With an alternative environmentally conscious idea, the creative and practical reuse of chip bags, Nyírst students took home the top prize at the Samsung and EdisonKids Solutions for Tomorrow challenge....
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Alternative protein project to produce “tasteless peas” to avoid industry reliance on unsustainable soy
A £1 million (US$1.24 million) project aiming to reduce the need for soy imports is underway in the UK. Lead researchers, John Innes Centre, is geared up to develop peas...
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In the case of dairy products, we also have to think in terms of a supply chain
We are examining the possibility of supporting those branches of the food industry for the next calls of the KAP, which typically process domestic raw materials, and the supply chain...
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The transformation of the waste management system in July may significantly increase food prices
In recent years, in order to remedy the environmental protection problems related to the packaging of products, such as food, and to increase the efficiency of recycling, the so-called extended...
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Professional work will continue this year at the FAO/WHO Codex Alimentarius Analytical and Sampling Methods Committee meeting
This year, June 13-16. The 60-year-old FAO/WHO Codex Alimentarius Committee for Analytical and Sampling Methods (CCMAS) is holding its 42nd professional meeting in Budapest between The body that brings together...
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As expected, Swiss inflation slowed in May
In line with analysts’ expectations, Swiss consumer prices rose by 2.2 percent year-on-year in May, according to Monday’s data from the Swiss Statistical Office. A month earlier, in April, annual...
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Amazon Web Services opens an office in Budapest
Amazon Web Services will open its first office in Budapest on June 5, 2023, which is part of AWS’s continuous expansion in Central and Eastern Europe to serve the growing...
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PENNY has reduced the price of new products
PENNY remains committed to providing affordable and high-quality products, which is why it will permanently reduce the price of a total of 80 dairy products in two phases from June...
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This year, the Tej Product Council is organizing its World Milk Day event on June 6
Due to the positive physiological effects of milk, as well as to draw people’s attention to the importance of calcium intake, the International Dairy Federation appointed the last Tuesday of...
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Vegetables for breakfast!
Starting the day with breakfast can have a positive influence on how we feel throughout the day. This article is available for reading in Trade magazin 2023/5 It is especially...
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The unified applications can be submitted for only a few days
Applications can be submitted until June 9, 2023. The National Chamber of Agriculture asks producers not to leave the related administration to the last minute. This year, the uniform application...
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Rise and shine – energy drinks are unstoppable!
2022 was a very good year for energy drinks, as like-for-like value sales surged by more than 25%. This article is available for reading in Trade magazin 2023/5 In addition...
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With knowledge transfer for competitive agriculture in developing countries
Hungary, as a committed partner of the FAO, actively contributes to the work of the organization, to the realization of its goals and helps lower-income countries with development projects. The...
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Aldi launches 30-minute delivery
Aldi and Instacart announced June 1 the launch of Aldi Express, a “virtual convenience store” providing 30-minute delivery of a selection of nearly 2,000 items. With this launch, Aldi joins other...
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Netflix teams up with Athletic on ‘The Witcher’ brew
US non-alcoholic brewer Athletic has partnered with streaming giant Netflix on a limited edition beer for fantasy drama, ‘The Witcher’. The brew, dubbed Geralt’s Gold after the main character in...
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Mars bars switch to recyclable paper packaging in new UK trial
Confectionary maker Mars Incorporated is trialling recyclable paper packaging across its Mars chocolate bars. The trial, which will see the new bars rolling out in 500 Tesco stores from today...
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The wines of the Carpathian Basin were also presented on the Croatian coast
The 2023 edition of the event series called Kincses Pince, supported and coordinated by the Ministry of Agriculture, in Crikvenica, Croatia, attracted a large number of visitors. For two days,...
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OKSZ: The Government should lift the price cap and abolish the retail tax
The member companies of the National Trade Association (OKSZ) were outraged to learn that the retail tax in the sales revenue above 100 billion was increased from 4.1% to 4.5%...
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Production line funeral at Szentkirályi +VIDEO!
Szentkirályi Magyarország Kft.’s factory expansion project launched in 2021 has reached a significant milestone. In the framework of the VNP II program, with the support of HIPA, their site was...
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FAO Food Price Index declines in May
The benchmark index of international food commodity prices declined in May amid significant drops in quotations for most cereals, vegetable oils and dairy products, the Food and Agriculture Organization of...
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István Nagy: the most important goal of the government is to strengthen the Hungarian economy
Strengthening the Hungarian economy, protecting families and jobs is the most important goal of the government – Minister of Agriculture István Nagy declared on Saturday at the handover ceremony of...
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In May, food inflation in the Eurozone slowed on an annual basis
In May, inflation slowed down in the euro area on an annual basis, the statistical office of the European Union announced on Thursday. According to Eurostat’s preliminary data, inflation in...
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A record amount is available for the development of agriculture
In connection with the payment of subsidies awarded in the Rural Development Program, the Hungarian budget provides 750 billion forints this year, of which 386 billion forints have already been...
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These savings can escape the new 13% tax
The decree as the basis of personal income tax on interest income refers to the amount taken into account. However, based on the Social Security Act, personal income tax does...
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GFM: the number of registered job seekers has never been so low
Despite the war times, in the last 30 years, the number of registered job seekers in Hungary has never been as low as in May this year, the Ministry of...
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Action against climate change requires joint action
This week, the “EU AgriResearch Conference”, which is considered the largest gathering of agricultural research and innovation, was held in Brussels, focusing on the environmental dimension of research and development....
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According to the expert, the situation of road freight carriers worsened in the first quarter
There was a turnaround in road transport in the first quarter of this year due to the decrease in consumption and investments after last year’s favorable year, said the president...
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Information for dairy cattle, beef and sheep farmers
The database supporting the identification of animals on the electronic interface available for submitting the unified application has been updated, which helps the submission of animal-based support applications with better...
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Waitrose becomes first UK supermarket to offer refillable olive oil
Waitrose has become the first UK supermarket to sell a refill pouch for olive oil. The upmarket retailer will stock Citizens of Soil’s 500ml single estate extra virgin olive oil across...
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This year, the National Chamber of Agrárgazdasági Kamara is offering a membership fee discount of around HUF two billion
On June 1, 2023, the membership fee determination period at the National Chamber of Agrarian Economy (NAK) began. Pursuant to the decision of the national assembly of delegates of the...
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