Market News
Ecological footprint label on every food product?
According to the 2022-2023 climate survey of the European Investment Bank, 71% of Hungarians (EU average: 72%) think their own behaviour could matter in managing the climate crisis. This article...
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MRSZ: In 2023, the spending of the media and communication market may decrease even nominally
The Hungarian media and communication market may decline nominally by 3 percent, reaching HUF 553 billion in 2023, within which media market spending may increase by 1.4 percent, while the...
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AKI: the price of several fertilizers fell significantly
Although overall, fertilizer is still more expensive than a year ago, the price of some products already fell to last year’s level in the first quarter – read the summary...
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NAK: drought is causing problems for agriculture in most of the Great Plain
The weather has been extreme in recent weeks, the drought was already causing problems for agriculture in most parts of the Great Plain by the beginning of May – the...
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Instacart cooperates with healthcare providers
Instacart aims to give healthcare providers, health systems and hospitals the ability to scale food-as-medicine programs. In six months’ time it will partner with Boston Children’s Hospital and minimum four other big...
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The poultry sector can remain competitive with continuous development
The poultry sector has remained a competitive and exportable livestock sector despite recurring animal diseases, the covid epidemic, the energy crisis and the hardships of war, said the Deputy State...
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The Ukrainian grain import ban remains in place
It has been proven once again that Hungarian farmers can always count on the national government. We maintain the ban on grain imports from Ukraine. However, the national restrictions are...
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Herbs in the food industry
I believe in the healing power of herbs – declared Dr. Márton Nobilis, State Secretary responsible for the food industry and trade policy of the Ministry of Agriculture, at the...
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interpack delights the global processing and packaging industry
The world’s largest and most relevant packaging trade fair set standards yet again from 4 to 10 May, connected the industry on a global level. Visitors from 155 countries, many...
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Danone partners with FoodCycle to transform surplus food into meals
Danone has launched a three-year partnership with UK charity FoodCycle to transform surplus food into healthy meals. Volunteers will deliver the equivalent to over 200,000 meals to communities across the...
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Carrefour Belgium Launches Wave Of Price Reductions
Carrefour has launched a wave of price reductions in Belgium, commencing 8 May with further price reductions planned in the coming weeks. The retailer is reducing the prices of up to...
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Innovation research in the food industry
The food industry and the entire food chain need innovative and effective interventions, raw materials and products – said Dr. Olga Beát Felkai, Deputy Secretary of State responsible for food...
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The card terminal company pays HUF 8,000 in compensation to all deceived customers
Fizetési Pont Kft., which operates bank card terminals, deceived its business partners – revealed the investigation of the Economic Competition Office (GVH). The GVH therefore obliged the company to financially...
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The EP accepted the proposal on the prohibition of misleading environmental labeling
At the plenary session of the European Parliament (EP) in Strasbourg, it accepted the proposal regarding the prohibition of misleading statements referring to the durability and environmental friendliness of the...
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Hershey wants to reduce lead and cadmium levels in chocolate
Chocolate maker Hershey is planning to reduce “trace amounts” of lead and cadmium in its products, after tests by non-profit consumer group Consumer Reports detected potentially harmful levels of the...
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DPD Hungary appoints new sales and marketing director
Since 1 December 2022 László Varga has been the new sales and marketing director of DPD Hungary Kft. Mr Varga has left the Henkel team for the new position, where...
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Chinese inflation hit a two-year low in April
In April, inflation in China slowed down to a more than two-year low more than expected, according to a report from the National Bureau of Statistics on Thursday. In China,...
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In April, inflation continued to slow down in the Czech Republic
Annual inflation in the Czech Republic dropped to 12.7 percent in April from 15.0 percent in March, the Czech Statistical Office reported on Thursday in Prague. On a monthly basis,...
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Show me your face, …!
This article is available for reading in Trade magazin 2023/5 NielsenIQ data show that both value and volume sales increased in the women’s facial care category in Hungary in 2022....
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MFB agricultural loan programs are available again
A HUF 20 billion discounted loan program, specifically helping the liquidity situation of agricultural and food industry enterprises, operated by Magyar Fejlsztési Bank (MFB Zrt.) will start again in the...
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Minister of Agriculture István Nagy also discussed precision farming with the managers of a giant American company
On Wednesday, Minister of Agriculture István Nagy held talks in the dominant agricultural region of the United States, the state of Indiana. In the interview given to MTI about his...
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Sainsbury’s introduces cardboard laundry detergent packaging
Sainsbury’s is the first supermarket in the United Kingdom to roll out private label liquid laundry detergent in cardboard box packaging, saving 22 tonnes of plastic annually. Sainsbury’s new cardboard...
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Agrometeorology: instead of cooling down, the May frosts will bring precipitation this year
Instead of cooling down, this year’s frosts in May will bring precipitation, but the rain is much needed, because in the first decade of the month, less rain fell than...
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AM State Secretary: technological modernization is taking place in domestic agriculture
Technological modernization is taking place in domestic agriculture, which is shown by the fact that in 2022, farmers spent HUF 686.2 billion on improvements, 6.6 percent more than in 2021,...
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Nine Companies To Participate In Mondelēz International’s Start-Up Programme
Mondelēz International’s innovation and venture hub, SnackFutures has announced that nine start-ups have been selected to participate in its third cohort of CoLab. The start-up engagement programme launched in 2021,...
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SPAR International Launches ‘SPAR Daily’ Private-Label Range
SPAR International has launched a new range of private-label personal care products, under the brand name SPAR Daily. In a statement, the retailer said that the range has been developed...
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A census is started on the state of agriculture
The Central Statistical Office (KSH) will start an agricultural census on May 15 in order to assess the situation of Hungarian agriculture by July 15 and get an idea of...
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Amsterdam Restricts Rapid Delivery Warehouses To Industrial Areas
Quick commerce companies in Amsterdam can only set up warehouses in industrial estates, and, in exceptional cases, in mixed residential and work areas, following the approval of the city council’s...
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The role of agriculture is increasingly appreciated
During the official visit of Agriculture Minister István Nagy to Indiana on Wednesday, he consulted with Indiana’s Minister of Agriculture and Minister of Foreign Affairs, farmers’ advocacy leaders, and academics....
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April data are out: based on this, how realistic is it that the MNB’s inflation plan will be met?
Based on the KSH’s quick information, the rate of the annual price increase in April was exactly 24 percent, so the inflation data valid for the first 4 months is...
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