Market News
In April, inflation accelerated more than expected in Italy
In Italy, instead of the 8.2 percent expected by analysts, consumer prices rose by 8.3 percent year-on-year in April, after a 7.6 percent increase in March, the Italian statistics office,...
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Annual inflation in the Eurozone accelerated in April
In April, inflation accelerated in the euro area on an annual basis, the statistical office of the European Union announced on Tuesday. According to Eurostat’s preliminary data, inflation rose to...
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Grape-Vine Kft. expanded its capacity with a new storage hall and equipment purchase.
Grape-Vine Kft. expanded its capacity at its site in Kiskunmajsa with a new storage hall and the purchase of wine processing equipment with a European Union grant of HUF 769...
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Apple variety added to the Strongbow Ultra range in the United Kingdom
Strongbow Ultra gluten-free and vegan ciders contain 80 calories per can, and the product is now also available in apple flavour in the United Kingdom. Rachel Holms, Heineken UK cider...
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The introduction of green cement products continues under a new brand name
Lafarge Cement Magyarország Kft., which operates a cement factory in Királyegyháza, Baranya, will continue its operations under the name Holcim Magyarország Kft., the company intending to introduce a new green...
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Mabisz: last year’s drought may further increase interest in premium-subsidized plant insurance
The application for this year’s plant insurance fee subsidy can now be submitted to the state treasury; after last year’s drought, the interest in the scheme is expected to grow...
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The Carlsberg brewery received a cartel fine
The Düsseldorf Regional Supreme Court imposed a 50 million euro cartel fine on the Carlsberg brewery in a proceeding that has been ongoing since 2014. In the justification of the...
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In Romania, from the first of May, supermarket chains sell milk at a discount for half a year
In Romania, starting May 1st, supermarket chains will sell fresh milk at least 20 percent cheaper for half a year, but the producers are still dissatisfied and claim that they...
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NAK has published the prices that form the basis of land purchase contracts
The National Chamber of Agrarian Economy (NAK) has published on its website the usual local sales prices, which the local land commissions must take as a basis when evaluating land...
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Coca-Cola enters fresh fruit through licensing deal for Minute Maid and Simply brands
Coca-Cola is entering into a licensing deal allowing two of its products’ logos, Minute Maid and Simply, to be used on select produce distributed by Frutura’s Dayka & Hackett brand....
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Ecommerce in Italy was worth 76 billion euros in 2022
The total ecommerce turnover in Italy is estimated to have been worth 75.89 billion euros in 2022. This is a growth of 18.6 percent, when compared to a year earlier....
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European Commission: an agreement was reached regarding the import of Ukrainian grain
The European Commission adopted extraordinary and temporary preventive measures regarding the EU import of agricultural products from Ukraine with the aim of alleviating the difficulties caused by the temporary lifting...
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Sainsbury’s ‘Determined To Battle Inflation’, Says CEO Simon Roberts
Sainsbury’s, Britain’s second largest supermarket group, reported an expected 5% fall in annual profit as inflation hit both it and customers but forecast a better than expected performance this year....
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Another test confirmed the content of pesticides harmful to health in the Ukrainian grain examined in Slovakia
The third test – this time carried out in Denmark – also confirmed that the Ukrainian grain tested in Slovakia two weeks ago contains a plant protection product banned in...
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Take a look at our May issue!
May is here, the grilling season starts – also as one of our focus topics, but we didn’t leave out the snack overview either. It is already traditional at this...
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The population’s solvency improved slightly in the first quarter
The population’s ability to pay has improved slightly compared to the last quarter of 2022, but we still see an 86 percent drop year-on-year. The latest solvency data predicts a...
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EM: the energy prices of tens of thousands of micro and small businesses will be halved
In accordance with the previous announcement, the price of electricity for micro-enterprises with universal service above the band limit will be reduced to the level of the retail market price,...
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A Hungarian organic beer product line was developed from alternative cereals
Elixbeer Konzorcium, led by Körös-Maros Biofarm Kft., developed a Hungarian biobeer product line from alternative cereals using almost HUF 400 million in EU funding, said Zoltán Várhelyi, Kft. project manager...
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László Bódis: we can take steps towards sustainability with small, everyday attentions
We can take steps towards sustainability with small everyday attentions, such as not throwing away 40 percent of the food we buy, turning off the lights when we leave a...
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You can now apply to the NAK Product Finder
The Product Finder service of the National Chamber of Agrarian Economy (NAK) will soon be launched, to which farmers, food producers, market organizers and market operators can already apply. The...
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Hungarian winemakers can always count on the cooperation of the government
The Ministry of Agriculture treats the preservation of biological diversity as a priority issue, and in this context the support of organic farming – stated Minister of Agriculture István Nagy...
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The Ministry of Agriculture is committed to supporting small producers
The Ministry of Agriculture has recently decided on another HUF 8 billion subsidy for small agricultural enterprises – said Minister of Agriculture István Nagy at the 24th Gyomaendrőd International Cheese...
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Useful information for cattle, sheep and goat farmers about the 2023 uniform subsidy application
As is known, animal data according to the ENAR system will be displayed on the Unified Application interface from this year. It is therefore important that incorrect data be corrected...
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Amazon Business to expand in Europe
Ecommerce giant Amazon is planning to expand its b2b division, Amazon Business, in Europe. It is unclear which countries it will target. The company is currently investing in its logistics,...
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A call for tenders supporting the joining of agricultural producers to the quality system has been published
Between March 1, 2023 and August 31, 2023, agricultural producers can again apply for non-refundable support in connection with joining the European Union and national quality systems. Such a notified,...
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Poland asks the European Commission to review the import of additional Ukrainian agricultural products in addition to cereals
Warsaw will propose to the European Commission (EC) that, in addition to the cereal import ban, it also examines the risks of importing additional Ukrainian agricultural products, the Polish Prime...
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Discount Channel The Fastest-Growing In France In Q1, Says Kantar
The discount channel reported a 0.4 percentage point increase in market share in France in the first quarter of 2023, to hold 11% of the market, new data from Kantar...
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Kraft Heinz enters US seasonings segment with Just Spices
Kraft Heinz is getting into the seasonings business, expanding its European brand Just Spices to the United States. Kraft Heinz purchased an 85% stake in Just Spices last year. The...
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Members of the European Parliament: don’t pay the price of war with our farmers!
The member states fully stand by Ukraine and provide all the necessary support for Kiev in these difficult times, but this cannot mean that European farmers will pay the price...
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THE “MOST SUCCESSFUL PROMOTION OF THE YEAR 2023” AWARDS WERE PRESENTED TO THE WINNERS
This year Trade magazin organised the “Most successful promotion of the year” competition for the 15th time, the results of which were announced as part of a one-day conference, titled...
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