Market News

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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MNB: last year, most investments in the real estate market came in the office and retail sectors

The investment turnover on the Hungarian commercial real estate market decreased by 28 percent last year, its value did not reach EUR 1 billion, while the majority of transactions continue...

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British Army chefs attend vegan cooking class

Personnel from the Royal Navy, British Army, Royal Air Force and Civil Service attended a plant-based culinary training workshop, held by Humane Society International/UK (HSI/UK), Veganuary and Plant Future. The...

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The Szent András Brewery has won international awards for its products

The Szent András Sörfózde in Békésszentandras is constantly developing, last year they came up with a new product, cider, which recently won a gold medal among the Hungarian competitors at...

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Agrometeorology: winter wheat and canola would need slightly warmer weather

The corn plants are developing nicely, the rapeseed is also blooming, the soil is sufficiently moist for them, but they would need slightly warmer weather, however, after a temporary warming,...

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It isn’t enough to do it well, you also have to show this

According to the experts of KPMG, the Corporate Sustainability Reporting Directive (CSRD) of the European Union will cause the biggest problems for up-and-coming Hungarian companies. First it will be financial...

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AM State Secretary: state forests are important locations for domestic active tourism

The state forest area is one of the most important locations for domestic active tourism, the state forest farms have spent nearly HUF 40 billion on the development of recreational...

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Republic Group was chosen by De’Longhi Hungary

The joint work of Republic Group and De’Longhi Magyarország Kft. has begun, and consumers can already see the social media content created by the agency. The goal of the cooperation...

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Today, sympathy is no longer enough when choosing a good workforce

Selecting a good workforce requires a complex activity and a broad vision on the part of businesses. What can we do to ensure that the ideal candidate is selected? What...

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The proportion of companies planning price increases in Germany has decreased

In April, fewer German companies planned price increases in the next three months than a month earlier, according to data from a survey published on Thursday by the German economic...

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Pesticide residues in EU food: we have the latest data

EFSA has published its report on pesticide residues in European Union food. In 2021, a total of 87,863 food samples were collected in the European Union. The analysis of the...

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Márton Nagy: there are many opportunities for the food industry in Hungarian-Uzbek relations

Economic Development Minister Márton Nagy emphasized the significant strengthening of Hungarian-Uzbek economic relations at the business forum held in Tashkent, Uzbekistan – the Ministry of Economic Development (GFM) informed MTI...

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Spain and northern Italy were hit by drought

A significant part of Spain is affected by drought, and in the northern part of Italy, the autumn crops grow in difficult conditions due to the lack of water, the...

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Aldi hits double-digit market share for the first time

Aldi has hit double-digit market share for the first time, while Lidl has notched up another month as the fastest-growing supermarket. Aldi’s market share reached 10.1% in the 12 weeks...

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The new logistics center of the Southern Gardeners’ Cooperative was handed over in Szentes

The new, 10,000-square-meter complex logistics center of the Délalföldi Gardeners’ Cooperative (DélKerTÉSZ) was handed over in Szentes on Thursday, which was built with HUF 2.7 billion. Sándor Farkas, the parliamentary...

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Around 28% Of Finns Opt For ‘Unhealthier’ Food Options Amid High Prices, Survey Finds

Around 28% of customers in Finland are opting for unhealthier food than before due to higher prices, including more than a third (36%) of families with children, according to K...

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Wildly popular Asahi product to launch in South Korea

This May will see the launch of one of Asahi’s most sought-after products into the South Korea market, marking the first time that the Asahi Super Dry Nama Jokki Can...

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Here is the list of shop goods subject to special offers

In order to break the sanctioned inflation, the government decided to introduce a new anti-inflation tool based on Greek and French examples, obliging retail stores with significant income to announce...

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The spring 2023 seasonal food chain inspection concluded with mixed results

The spring 2023 seasonal food chain inspection ended with mixed results: compared to last year, the number of hygiene deficiencies decreased, but at the same time, in order to protect...

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Katalin Neubauer: the entire retail trade is in a vulnerable position

The high prices are not the fault of the retailers, but rather the result of the high fixed energy costs of producers and suppliers,” said Katalin Neubauer, the Secretary General...

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GVH consulted with the actors of the domestic milk market about its proposals to reduce inflation

The Economic Competition Authority coordinated its proposals aimed at reducing the consumer price of dairy products with five domestic professional organizations and the Ministry of Agriculture. The social consultation of...

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Péter Szijjártó: For the Hungarian food industry, Singapore represents a great opportunity

There is a friendly cooperation between Hungary and Singapore based on mutual respect, which is helped by the fact that the two countries consider their own national sovereignty extremely important...

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