Market News
145 thousand farmers received advance payments by the end of November
The second advance payment period of the new period of the Common Agricultural Policy has ended, within the framework of which 145 thousand farmers received 317.8 billion forints in support....
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The average price of light and heavy lamb also increased by more than 30 percent
According to European Commission data, the European Union’s sheep and goat imports (live animals and meat) were 112.5 thousand tonnes in January-August 2024, a 5 percent decrease compared to the...
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Farmers in Szabolcs bid farewell to the year with a time capsule and a special celebration
The farmers in Szabolcs ended the year with a large-scale birthday event with a dinner for nearly 200 people. The family-friendly event featured performances by actor Sándor Badár and the...
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Mondelēz uses AI to personalise marketing
Mondelēz is launching a new platform to improve its global marketing capabilities and better leverage consumer trends through the widespread use of AI technology. This article is available for reading...
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The interests of Hungarian farmers were defended in Brussels by the NAK and MAGOSZ
Zsolt György Papp, President of the National Chamber of Agriculture, and Tibor Cseh, Secretary General of the Association of Hungarian Farmers’ Associations and Cooperatives, held talks in Brussels. During the...
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SPAR Austria opens state-of-the-art bakery facility
A new INTERSPAR Hypermarkets bakery facility opened in Marchtrenk, Austria, producing bread and pastries using regional ingredients and the best local craftsmanship, in one of the most modern production facilities...
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Diageo launches new campaign to tackle impaired driving
The campaign, titled ‘Take a Minute. Make a Plan’ encourages people to plan a safe way home from sporting events to avoid driving drunk. Diageo North America, the NFL, Mothers...
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More than a hot flash: the role of menopause and a changed diet in a healthy lifestyle
Menopause, a natural yet challenging period in a woman’s life, has often been considered taboo in recent decades. However, more and more research and professional recommendations suggest that a proper...
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4 in 10 shoppers say high costs prevent eco-friendly purchases
Only 15% are willing to pay extra for eco-friendly food and drink. About 40% of consumers cited high prices as a deterrent to purchasing sustainable products, according to a report...
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150,000 people have signed the agricultural petition, but that’s not enough
More than 150,000 people have already signed the agricultural petition, but we can’t stop there – said István Nagy, Minister of Agriculture, in a video message posted on his social...
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Agrometeorology: soils continue to replenish
The upper half-meter layer of soils contains a lot of moisture almost nationwide, which means favorable conditions for the strengthening of autumn cereals before winter, and the soils continue to...
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OECD upgrades global GDP growth forecast for 2025
The Organization for Economic Co-operation and Development (OECD) on Wednesday raised its global economic growth forecast for next year to 3.3 percent from 3.2 percent. The OECD also reaffirmed its...
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Food price increases accelerated to 3.9 percent in October in the OECD, from 3.7 percent in September
Inflation accelerated in the countries of the Organization for Economic Cooperation and Development (OECD) in October, year-on-year. According to data published on the website of the Paris-based organization, the rate...
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The Christmas menu may become more expensive: What should we expect during the holiday season?
As the holiday season approaches, many people are already planning their Christmas menus and preparing their budgets. However, this year’s Christmas will not be without price increases. According to experts,...
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Biodiversity Conference: Droughts causing damage of 300 billion euros per year on Earth
Global droughts are causing an estimated €300 billion (HUF 124 trillion) in annual damages, according to a UN report presented on the second day of the 16th Biodiversity Conference (COP16)...
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Hungarian Retailers Unite for Charity During the Holiday Season
Seven major Hungarian food retail chains—Aldi, Auchan, Lidl, Penny, SPAR, Tesco, and Metro—are continuing their tradition of supporting those in need during the holiday season. Through donations of food, clothing,...
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The wishes of 1,200 disadvantaged children will come true this Christmas
At Christmas, most people plan to donate to sick, disadvantaged or difficult children, according to a recent national representative survey of Yettel Christmas customs. Many people want to know exactly...
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AM: Hungarian Presidency prioritizes consumer protection
Hungary is committed to supporting the work of the European Food Safety Authority (EFSA), thereby contributing to the creation of a safer, more sustainable food environment – said Márton Nobilis,...
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Waberer’s Group: Female Logistician of the Year was elected again this year
Waberer’s Group wants to improve the proportion of women working in logistics – especially in management positions. The company has therefore announced the Women’s Logistician of the Year award for...
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Mastercard Digital Payment Index moves up
In 2023 Hungary stood at 62 points in the Mastercard Digital Payment Index (DPI), which analyses the progress of digitalisation in payments – this was an increase of 11 points...
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Lidl buildings going green
Lidl Magyarország acquired the EDGE green building certification for all of its stores by the end of 2023, which is an important milestone in the company’s energy efficiency targets, informed...
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The European Union’s new targets for a smoke-free future
The European Commission has welcomed the European Council’s decision to review the recommendations on smoke-free environments. The new guidelines aim to reduce the harmful effects of passive smoking and aerosols,...
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The downsides of a plant-based diet: a new study on sustainability
Popular plant-based foods such as almond milk, avocados and cashews could be putting a significant strain on the environment, according to new research from the University of Oxford’s Environmental Change...
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Shelf space restructuring at Tesco in the UK
Tesco is using AI technology to expand its range of healthy, convenient snacks and meals at more prominent points in its stores. This article is available for reading in Trade...
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Sales Of Non-Alcoholic Beer ‘Skyrocket’ At Norway’s KIWI
An initiative by Norwegian retailer KIWI to reduce the price of non-alcoholic beer by 20%, to encourage healthier consumption over the Christmas holidays, has resulted in a surge in sales,...
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Mutti processes more tomatoes despite extreme weather conditions
Tomato producer Mutti has processed 565,000 tonnes of tomatoes this year. Due to drought and rainfall, the harvest season lasted until the end of October. The company supported its farmers...
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35% of Australian small retailers introduce new products for festive shoppers
44% of anticipate sales to rise compared to last year. Australian small retailers are focusing on innovation this festive season, with 35% introducing new products and services to attract shoppers,...
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Nébih: Auchan recalled 200 gram candied poppy seeds
Auchan has recalled the 200-gram Auchan Kedvenc ground candied poppy seed product with a best-before date of April 2025 from circulation due to the possible presence of foreign matter, the...
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Awards galore at the 15th POP competition
2024 was an outstanding year in the history of the Hungarian POPAI Awards POP competitions, which have a 15-year tradition. A large number of entries were exhibited in Tapolca during...
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Technical working group helps to promote reusable packaging
By 2030 minimum 10% of consumer packaging will be reusable and by 2040 this ratio is planned to reach 40%. This article is available for reading in Trade magazin 2024/12-01...
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