Market News

A new Hungarian code of advertising ethics enters into force

According to the announcement of the largest umbrella organization of the Hungarian marketing communication profession, the Hungarian Advertising Association (MRSZ), its codification committee and the Self-Regulatory Advertising Board updated the...

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MBH AgrárTrend Index: Cautious optimism characterizes the players in Hungarian agriculture

After a year of continuous decline, the value of the MBH AgrárTrend Index rose again in the first quarter of 2023. Due to the drop in energy and fodder prices,...

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Balogh Tészta bought DURILLO

The DURILLO durum dry pasta brand changed hands, so it was transferred from Cerbona Zrt to Balogh Tészta Zrt in April this year. The brand is well known to the...

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Modern Hungarian industrial beer production is 175 years old

The Association of Hungarian Brewers celebrated the beginning of modern Hungarian beer production 175 years ago with a professional round table discussion with the participation of the managers of the...

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Do large companies already see the light at the end of the tunnel?

Large firms in Hungary can soon leave their pessimism behind. After hitting a nadir last year, K&H’s corporate growth index has been rising for the second quarter in a row,...

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The exhibition of the joint art project of PICK and MOME has opened

PICK, which goes back more than 150 years, and the salami experiences that define the taste memories of generations inspired the graphic artists whose works were exhibited in Buda’s cultural...

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Home officers are more committed to their workplace

The role of work requiring an office presence has been greatly reevaluated in the last two years. The hybrid work schedule, partial or full home office, and more recently the...

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An amazing thing was revealed about rice: many people would not have thought this

Due to the problem of climate change, agricultural sciences are constantly facing new challenges, such as in the field of crop cultivation. It was unimaginable decades ago to cultivate crops...

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Essity partners with Voith to explore sustainable tissue production

Essity has signed an exclusive partnership agreement with technology company Voith to explore ways to produce tissue sustainably. The two partners seek to develop a new tissue-making process that will cut...

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MBH AgrárTrend Index: Cautious optimism characterizes the players in Hungarian agriculture

After a year of continuous decline, the value of the MBH AgrárTrend Index rose again in the first quarter of 2023. Due to the drop in energy and fodder prices,...

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The scene of Hungarian beer production

Traditional brewing has a history of thousands of years, which is already part of the culture of humanity, said Dr. Beáta Olga Felkai, Deputy Secretary of State responsible for food...

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Smoked flavours are popular

We can find inflation behind the dynamic value sales growth in the spice category in 2022. This article is available for reading in Trade magazin 2023/5 Ágnes Szűts, Kotányi Hungária...

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The Polish Sejm voted to increase state subsidies to agricultural producers

On Tuesday night, the Polish Sejm (lower house) voted on the amendments to the law, which increase state support for Polish farmers disadvantaged by the import of Ukrainian agricultural products....

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Europe’s largest autonomous store opens in Lisbon

Technology provider Sensei claims it has opened the largest autonomous store in Europe, in cooperation with Hewlett Packard Enterprise (HPE). The 500m² “Dojo” facility in Lisbon is not open to...

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REWE And Naturland Promote Organic Farming

REWE Group has announced an initiative with Naturland to help farmers move from conventional to organic farming, thereby increasing the range of organic fruit and vegetables  offered in its stores....

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Kellogg buys key ingredient from conflict-ridden Sudan

Kellogg Co has a stable reserve of a key ingredient used in its Pop Tarts breakfast pastries that it sources from war-torn Sudan, CEO Steve Cahillane told Reuters in an...

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Anyone can have their own virtual forest with the WWF mobile application

With the ÉnErdőm mobile application developed by WWF Hungary, anyone can create their own virtual forest and try forestry solutions that help the forest’s resilience, as well as learn about...

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Nearly 40% of shoppers buying ‘yellow sticker’ reduced food products

Over one third (38%) of shoppers are buying ‘yellow sticker’ discounted products nearing their expiration dates in a bid to save during the ongoing cost-of-living crisis – Barclays says based...

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The Minister of Agriculture discussed the export of foodstuffs to the United States

On Tuesday, the Hungarian Minister of Agriculture also discussed the export of Hungarian waterfowl to the United States and the possibilities of transporting mangalica ham to the United States. On...

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Minister of Agriculture István Nagy discussed the export of Hungarian foodstuffs to the United States in Washington

On Tuesday, the Hungarian Minister of Agriculture also discussed the export of Hungarian waterfowl to the United States and the possibilities of transporting mangalica ham to the United States. On...

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The solvency of the population decreased the most in Western and Central Hungary

Since last year, the solvency of families has decreased the most in Western Transdanubia, according to research by Intrum and GKI: solvency in the region fell by 58 percent in...

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Research: plant-based products are growing in popularity, especially among young people

This year, Danone Magyarország Kft. also prepared its representative research, the purpose of which is to map how well known and followed the flexitarian diet is among Hungarian consumers, how...

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Paws in trouble – SPAR organizes a national pet food collection for the third time

Most four-legged pets live with caring and loving owners, from whom they receive adequate amounts of food, care and love. However, there are animals that have moved from the streets...

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This year is likely to bring a 0.5% drop in economic performance and 19% inflation

Last year real wages grew by 2.6%, and if this year gross salaries increase by 15% and prices become 19% higher, it will mean that real wages reduce by 3.5%....

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Another seven products of Alföldi Tej received the Excellent Quality Food mark

The number of KMÉ trademarked products of Alföldi Tej Kft. has now increased to ten. Four types of milk, two types of sour cream and a cottage cheese received recognition...

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Pernod Ricard USA buys majority share in Skrewball whisky

Pernod Ricard USA has bought a majority share in peanut butter flavoured American whiskey brand Skrewball. Steven and Brittany Yeng founded Skrewball in 2018, and it was the first peanut...

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Walmart lays off hundreds of workers at five US fulfilment centres

In the USA hundreds of workers at five Walmart fulfilment centres are being asked to find jobs within 90 days at other Walmart locations. The impacted workers would receive their...

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Another help for managing the electronic spraying diary has arrived

Nébih compiled a collection of “frequently asked questions” based on user feedback related to the e-spray log. The thematic summary includes, among other things, question-and-answer pairs related to entry, various...

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Mondelez R&D innovation center opens

Mondelez International, Inc. opened its new global R&D innovation center in Whippany, NJ, on May 1. Mondelez said it invested $50 million in the facility, which includes pilot and scale-up...

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The EP agreed to the maintenance of measures supporting the import of Ukrainian agricultural products into the EU

At the plenary session of the European Parliament in Strasbourg, it agreed to the maintenance of the extraordinary EU measures for the import of agricultural products from Ukraine, the EU...

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