Market News
Greater emphasis must be placed on the rise of green energy
Greater emphasis must be placed on the rise of green energy, for which the recently launched online green consultation provides a good opportunity – said Minister of Agriculture István Nagy...
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Damage mitigation benefits for damaged farmers are arriving
After last year’s damage events, around 1,680 agricultural producers will receive HUF 2.85 billion in agricultural damage mitigation benefits until the end of March, the size of the total area...
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Agrometeorology: spring sowing awaits the rain
The spring sowings are waiting for the rain, because the upper layer of the soil has already dried up in a large area and precipitation is hardly expected, at the...
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The latest issue of Trade magazine is out now!
The digital version is available with more content once again, and can be read by clicking on the front page below. Trade magazin’s April issue traditionally starts with the big...
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Tamás Éder: ham is no longer the star of Easter
The purchase and consumption of ham products in Hungary during the Easter holiday period accounts for 30-40 percent of the annual turnover. This traditional festive period is a significant highlight...
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The unemployment rate rose to 4.7%
In the three months between December 2023 and February 2024, the number of employed people (age group 15-74) was 4,721,000, 31,000 more than a year earlier. The number of people...
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JYSK is constantly working to reduce its environmental footprint
The Danish company, JYSK, is once again taking important steps in the field of environmental protection, this time by changing the packaging and ingredients of its products. The company has...
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Competition authority leaders from 15 countries met in Budapest
At this year’s first event of the joint Regional Competition Education Center (ROK) of the Economic Competition Authority (GVH) and the OECD in Budapest, the heads of competition authorities from...
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The discounters reduce the price of Easter ham with imports: what can we expect this year?
As the Easter season approaches, discounters are trying to enter the price competition with imported meat products, especially imported Easter ham. According to the advice of the Meat Association, those...
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Systemic thinking
On 25 January the 17th awards gala of the Hungarian Franchise Association took place at the Hilton Budapest Hotel, where the 2023 Franchise Network of the Year Award went to Alma...
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The agricultural professionals of the future are being trained in the present
Hungarian agriculture and agricultural vocational training have a past, present and future, on which the domestic agriculture and food industry can confidently build – declared Dr. Márton Nobilis, Secretary of...
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The DNA segment responsible for the spread of antibiotic resistance has been identified in Salmonella
The researchers of the National Laboratory of Agricultural Biotechnology and Precision Breeding for Food Safety (Agrarian Biotechnology NL) have identified two DNA segments of the salmonella bacterium that are responsible...
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Hungary wins six world prizes at the 2024 WorldStar
There were 435 entries from 41 countries in the World Packaging Organisation’s 2024 WorldStar Global Packaging Awards competition, and 214 entries from 37 countries were awarded the WorldStar prize. Six...
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The EU has strengthened the rules for the protection of geographical indications for food and beverages
At Tuesday’s meeting of the Agriculture and Fisheries Council, the ministers of the EU member states adopted the decree on improving the protection of geographical indications and other quality systems...
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The position of the National Association of Hungarian Dietitians on intermittent fasting
Intermittent fasting (IF) is based on alternating fasting and eating periods. They focus on the timing of food consumption rather than the quantity and quality of food consumed per se....
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Artificial intelligence to accelerate delivery of online orders
Artificial intelligence (AI) and machine learning will boost the development of home delivery in 2024, by predicting the number and characteristics of orders and planning processes, helping to integrate environmentally...
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The green ideology established in agriculture prevents competitiveness
The extreme green ideology that has settled on European agriculture completely prevents competitiveness and the future of EU agriculture, the Hungarian Minister of Agriculture stated in Brussels on Tuesday. Speaking...
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The producer price of lamb rose by 16-18 percent
According to data from the European Commission, the European Union’s sheep and goat imports (live animals and meat) were 170,000 tons in 2023, which represents a 3.7 percent increase compared...
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Our country is still at the forefront of horseradish cultivation
In addition to the domestic market, there is plenty of high-quality Hungarian horseradish for export. In addition to the well-known – and in great demand during the Easter period –...
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Nestlé launches pair of initiatives to decarbonize cocoa supply chain
The global food company said its new projects aim to reduce and remove more than 500,000 metric tons of carbon during a 20-year period. Nestlé said it is launching two...
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Clinique opens brand store on Amazon
Clinique, an Estee Lauder company, is continuing to expand its digital commerce touchpoints. The cosmetics brand is debuting on the U.S. Amazon Premium Beauty store and is the first of a select...
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Aldi to donate over 500k meals to support charities this Easter
Aldi is donating more than half a million meals to local charities, community groups and food banks throughout the upcoming Easter school holidays. The discount grocer expects almost two-thirds of...
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Declaration of the person in charge of the plant protection activity
The recipients of subsidies provide data on plant protection service activities. The provision of data is mandatory and takes place on the website of the Hungarian State Treasury for submitting...
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European Private Label Awards 2024 – Winners Announced
Retailers from Germany, Italy, France, Spain, Denmark, Finland, Norway, Belgium, the Netherlands, the United Kingdom and Central and Eastern Europe have been named amongst the winners in the 2024 European...
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The eGN data reconciliation with the producers proved successful
Following the deadline for the submission of the electronic management diary a month ago, Nébih initiated a data reconciliation with the producers until March 14. In order to provide clarifications,...
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Vertical farming sector could grow to nearly USD 100bn by 2035
A new study by Research Nester suggests that an increased focus on environmentally friendly food production will be the main driver of growth in the global vertical farming market between...
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Tesco: second phase of growth in “plant-based products”
British supermarket Tesco has reported a second wave of demand for plant-based foods after a sales drop last year. This article is available for reading in Trade magazin 2024/4 According...
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New momentum
The US branch of Shop! started the year with a renewal of its board and committees. This article is available for reading in Trade magazin 2024/2-3 Three of the 5...
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GKI expects slower growth, higher inflation and a larger public budget deficit than the government thought
The Hungarian economy entered a protracted recession in 2023, while inflation decreased significantly by the end of the year. There was a very favorable turn in the external balance, but...
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Dia earmarks EUR 150m for promotion in 2024
Spain’s Dia is earmarking EUR 150m for promotion and discounting in 2024. As part of this, the retailer will make weekly offers on more than 200 products, on which Club...
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