Market News
Carrefour buys Cora Romania from Louis Delhaize
Carrefour has acquired the eighteen Romanian Cora stores from Louis Delhaize. The two parties have reached an agreement today, Carrefour confirms to our editors. After a strategic review, Louis Delhaize...
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The Great Plains would need the rain in May
There has been no significant rainfall in the Great Plain for a long time, the upper layer of the soil here has already dried up, so the sown corn would...
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Craft Conference: 2,000 participants from all over the world are expected
Today, the Craft Conference, organized by the Hungarian team of CraftHub, has grown into the region’s largest international professional festival dealing with software development and technological trends. The event will...
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CSR Hungary Summit Conference again
The next stop of the CSR Hungary conference series, entitled “Good brand, sustainable brand”, is coming on May 31, 2023, in the Ballroom of the Gundel Restaurant. In times of...
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Nébih: actors in the food chain industry can submit this year’s declaration on the supervision fee until May 31
The National Food Chain Safety Office (Nébih) draws attention to the fact that the deadline for reporting the supervision fee is May 31, the reporting interface is available in the...
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Barbecue season on a low flame
In a little more than a year and half, meat prices got 1.5 times bigger, and while the VAT on raw meat is just 5%, there is still a 27%...
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MBH Bank is here: the largest merger in domestic banking history has been realized
On April 30, 2023, the merger of MKB Bank Nyrt. and Takarékbank Zrt. took place, and from May 1, the resulting credit institution will continue its activities under the name...
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Regional research was conducted on e-invoicing
At the initiative of the Hungarian office of the international business and tax consulting company Grant Thornton, a survey was prepared on the e-taxation practices of the neighboring countries. The...
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HBLF – EU Sokszínűségi hónap 2023
Breaking down prejudices and creating inclusive workplaces is the goal of the HBLF EU Diversity Month series of events, which this year was joined by many large domestic companies and...
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FAO: the number of severely hungry people has increased to 258 million, 58 countries are affected
The number of people experiencing acute food insecurity and requiring urgent food, nutrition and livelihood assistance increased for the fourth consecutive year in 2022, with over a quarter of a...
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Tesco’s Whoosh service is now available from 1,000 stores
Tesco’s rapid delivery service Whoosh was launched in May 2021, and it is now available from 1,000 Tesco Express stores in the United Kingdom. Originally Tesco’s objective was to offer...
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The Agricultural Marketing Center opens to the east
In addition to appearances at international exhibitions, since 2021 the Agricultural Marketing Center has also been helping agricultural and food industry companies enter the foreign market by organizing business meetings....
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EM Deputy State Secretary: the HungAIRy project aimed at improving air quality is halfway through
The HungAIRy LIFE integrated project aimed at improving air quality, launched in 2019, has reached its halfway point – said the Deputy State Secretary for Environmental Protection of the Ministry...
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Lidl satisfied with Latvian market entry
German discounter Lidl is satisfied with its first year in the Latvian market. Lidl opened 15 stores in the Baltic state on 7 October 2021. According to data from NielsenIQ,...
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CPG research: Even those who didn’t last year are saving today
Even Poles, Czechs and Slovaks spend more boldly than Hungarians – it was revealed from Publicis Groupe’s second annual regional survey*. The research examined one of the most frequently purchased...
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Syngenta: The tomato sector is facing major challenges worldwide
Tomato cultivation worldwide faces major challenges: insect pests, plant diseases, and labor problems are also serious problems for producers. The employees of Syngenta’s innovative vegetable seed business are working worldwide...
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PPF: natural product ingredients is a strengthening trend
According to Ádám Szitai, general manager of Partner in Pet Food (PPF) Hungária Kft., the same trends that manifest in the human food segment also turn up in the pet...
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Microplastics and drug residues can be detected in Lake Balaton
For the first time in the history of Lake Balaton, it has been confirmed that various microplastics are present in the lake, and drug residues can also be associated with...
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Nébih informs you about the fruit nursery license required for the production and distribution of strawberry seedlings
Pursuant to the relevant law, activities aimed at the production and marketing of fruit propagating material may only be carried out by those who meet the legal conditions and have...
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SPAR saves 3.5 million meals with TooGoodToGo
SPAR’s partnership with social impact company Too Good To Go, has saved 3.5 million meals from going to waste in 14 countries. Since the launch of the international partnership in...
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The Animal Breeding and Farming Days are organized for the thirtieth time
The Great Plains Animal Husbandry and Farming Days, one of the most important professional meetings of Hungarian agriculture, will be held in Hódmezővásárhely from Thursday, the organizer Hód-Mezőgazda Zrt. informed...
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Beiersdorf now also produces in Leipzig
The first cosmetic products are rolling off the production line at Beiersdorf’s newly built plant in Leipzig. The Hamburg-based consumer goods manufacturer says it has invested almost 300 million euros...
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Anuga and EIT Food enter a strategic partnership
The leading global trade fair for food and beverages taps into the extensive know-how of Europe’s leading initiative for food innovations EIT Food, the world’s largest and most dynamic initiative...
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Hungarian agriculture can develop from HUF 5,300 billion until 2027
With the adoption of the new Common Agricultural Policy Strategic Plan, the Hungarian agriculture and food industry can develop by using more than HUF 5,300 billion until 2027 – emphasized...
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K&H: variety is important not only in nature, but also in the workplace
May is European Diversity Month. This month, the European Commission also highlights the importance of workplace and social inclusion and encourages companies to support it. According to K&H, a diverse...
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Climate change – would we really be powerless
Domestic medium and large companies are aware of the importance of sustainability requirements, but in the difficult economic situation they postpone taking action. Their motivation is primarily limited to cost...
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GFM: Márton Nagy consulted with the leaders of the largest trade association and store chains about the mandatory promotions
Márton Nagy consulted with the leaders of the largest trade association and store chains about the mandatory promotions – the Ministry of Economic Development (GFM) informed MTI on Tuesday. The...
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BMI: Intensive expansion in April
The seasonally adjusted April value of the Purchasing Manager Index (BMI): 61.9. Compared with the previous April values, this year’s value is higher than the long-term average for this month...
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K&H: The second half of the year may be easier
After last year’s decline, the mood of the companies slowly but surely turned upwards. The K&H large company growth index, like the K&H confidence index, started to rise, although the...
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In Germany, retail sales decreased in March
In Germany, retail sales decreased in March, both year-on-year and month-on-month. The German Federal Statistical Office (Destatis) announced on Tuesday that, with calendar and seasonal adjustments, retail sales fell by...
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