Market News
Hy-Vee protects the environment with new projects
Hy-Ve has completed the first phase of its solar project in Chariton, Iowa: the Hy-Vee Chariton Solar Field is the first step in a partnership between the retailer and Alliant...
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Meal boxes earn Crisp first profit
Online supermarket Crisp has been profitable in the Netherlands since June, thanks to cost-cutting measures and its successful meal boxes. Next year, the company hopes to also become profitable in...
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Co-op fights £40m shoplifting losses with AI-powered security
Co-op is now using artificial intelligence to detect offenders carrying concealed weapons or stolen goods after it revealed leakage costs from theft and fraud rose by 19% to £39.5m in...
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Nestle unveils new global cuisine brands
Nestle SA has launched two new global cuisine brands: Mings and Tapatío. Mings was created by celebrity chef Ming Tsai to bring several decades of culinary experience and fusion of...
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In 2023, spring frosts caused the most damage
Thanks to the adequate amount of precipitation and the high average temperature, the weather in 2023 was generally favorable for agricultural producers, so there were fewer damage incidents not only...
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KPMG CEO Outlook 2024: the secret of success lies in creating general crisis resistance
72 percent of CEOs of large global companies continue to trust economic growth, although the proportion of optimists has steadily decreased in the 10-year history of the survey, from a...
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Boost from the box: Szupermenta tested energy drinks
Energy drinks were also broken down into their components by the Szupermenta program. During the product test, in the laboratories of the National Food Chain Safety Office (Nébih), the caffeine,...
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ESG is still a source of confusion
According to EY’s latest international research – conducted in 53 countries, including Hungary – 51% of Hungarian respondents aren’t familiar with ESG legislation, which is a worse result than the...
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Stormy times, golden harvests
This article is available for reading in Trade magazin 2024/10 Bojana Nenadovic, marketing director of Coca-Cola HBC Magyarország says that in 2023 the total fruit juice market showed a downward...
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Waitrose launches private label free-range creams
Waitrose & Partners has introduced new free-range cream products to its private label range, further demonstrating its commitment to higher animal welfare standards. The new cream selection will appear under...
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A priority goal is the success and support of the domestic wine industry
The Hungarian wine industry is still one of the most important pillars of the domestic agriculture, which the government helps with targeted subsidies to strengthen its competitiveness and international recognition...
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The harvest is coming to an end in Békés County
The farmers of Békés county will soon finish their harvesting and sowing work. According to the summary sent to MTI by the Békés County Harvest Coordination Committee, the 84,466 hectares...
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Family farmers must be strengthened
Family farms play a key role in strengthening global food security and promoting sustainable agriculture, Minister of Agriculture István Nagy stated on Tuesday at the Global Forum of Family Farms...
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KITE: despite the bad harvest, there is no need to expect an increase in the price of corn
Despite the poor domestic harvest, István Kovács, KITE’s crop trade business director, does not expect the price of corn to rise in the near future, after the harvest in Europe...
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Agrometeorology: you can make good progress with autumn work
In recent days, with the exception of the northeastern landscapes, the near-surface layer of the soil has dried up a lot, so it is possible to make good progress with...
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Crai Introduces New Business Model Focusing On Proximity, Sustainability
Italian grocery retail group Crai has implemented a new business model that emphasises proximity, local sourcing, and social responsibility while prioritising sustainability and community engagement. Speaking on the occasion of...
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Mahou San Miguel plans to double sales in continental Europe
Through the investment, spanning from 2023 to 2027, the company is aiming to double its sales volume in the region. Spanish company Mahou San Miguel is looking to expand its...
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Supermarket plastic ban proposed for fresh produce
Anti-waste charity Wrap has called for a government ban on plastic packaging for 21 fresh produce items in UK supermarkets. The proposal, aimed at transforming shopping habits by 2030, targets...
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The producer price of fodder corn increased by nearly 40 percent
In Hungary, according to AKI PÁIR data, edible wheat was traded at an average producer price of HUF 78.4 thousand per ton without VAT and transport costs in the first...
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UHT and fresh milk price competition: how have milk market trends changed?
Recent years have brought significant changes to the Hungarian milk market, where the price difference between fresh and UHT milk has grown to an extent never seen before. The introduction...
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The gluten-free breads and pastries of the year were awarded
The Association of Hungarian Farmers’ Unions and Farmers’ Cooperatives, the National Chamber of Agriculture (NAK), the Hungarian Celiac Association and AMUREX GM Hungária Kft. organized the gluten-free bread and pastry...
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World Food Day offers an opportunity to rethink our everyday choices
Food is the most basic human need right after air and water. The right to food is also recognized by the Universal Declaration of Human Rights, as access to varied,...
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The second-hand market in Hungary is expanding dynamically: the iPhone and Apple Watch are the best sellers
The market for second-hand devices grew by 12% globally, but there are outstanding results in Hungary as well: an online marketplace doubled its turnover compared to last year, indicating the...
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VOSZ’s position on the new work fitness test rules: employer obligations and opportunities
The Health Section of the National Association of Entrepreneurs and Employers (VOSZ) has issued information on the new rules for work fitness tests that came into effect on September 1,...
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The success of Hungarian e-retailers despite the pressure of the international giants: the outstanding actors of the domestic online market were awarded
The Hungarian e-commerce market faces many challenges, as international giants such as Temu and Allegro conquer customers with their extremely favorable prices and intensive advertising campaigns. Despite this, there are...
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István Nagy: preventing food waste is our joint task
By preventing food waste and making conscious purchases, everyone can do a lot for the planet – said the Minister of Agriculture at the press conference held on the occasion...
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From me, to you
There was a secret hope among market players in the praline category that the end-of-year gift-giving season would put sales back on an upward trajectory, but this hasn’t been the...
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Results and developments in the new era of Hungarian agriculture
The Orbán government reversed the degradation of the countryside and agriculture after joining the EU. Plant closures, bankruptcies and abandoned factories characterized the period of the left-wing government, not the...
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Survey: employees’ opinion of the stability of their workplace has improved
The opinion of Hungarian employees regarding the continuation of their current job has improved since last year, according to the latest joint, representative research by BNP Paribas Cardif Biztosító and...
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The producer price of red onion remains well below last year’s
According to KSH data, the yield of red onions in the last five years ranged between 38.5 and 58.2 thousand tons. In 2023, it produced 13 percent more red onions...
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