Market News
Morrisons to remove ‘problematic’ plastics by 2025
Morrisons has pledged to reduce, replace or eliminate plastic across its business having already shrunk its plastic packaging by 17.5% from its 2017 baseline. On average, 9,680 tonnes of plastic...
Read more
Zsolt Feldman: 125,000 farmers have already received advances this year
By the end of November, 125,000 farmers had received an advance of about HUF 168 billion in the European Union’s agricultural support system, which has changed for this year compared...
Read more
Amazon shifts from European roads to trains and boats
Amazon is increasingly using rail and sea transportation in Europe, with a 50 percent growth in utilization this year. According to the company, rail and short sea routes are not...
Read more
Diageo Launches Responsible Drinking Campaign
Spirits giant Diageo has launched a new global responsible drinking campaign, The Magic of Moderate Drinking, to encourage consumers to drink responsibly over the festive period. Diageo has created a...
Read more
The Hódmezővásárhely soil profile became the Soil of the Year
This year, the soil profile in Hódmezővásárhely was awarded the title Soil of Hungary based on a public vote organized by the Hungarian Soil Science Society, Zsolt Feldman, the state...
Read more
Managers recognize less the work of women in the technical-technological sector
Managers recognize the work of women in the technical-technological sector less, and the opinion of male colleagues also makes it difficult for them to advance – at least this is...
Read more
Hungarians are saving money: the majority plan to spend less at Christmas
Hungarian consumers are in a more difficult situation than at any time in previous years. A significant part of them sees the future as bleak, as their current income cannot...
Read more
The Hungarians and the fish
The AKI Agricultural Economics Institute Nonprofit Limited Liability Company presented the data collection works related to the project, the aim of which was to create knowledge from the data. Sector...
Read more
Next year will be about reducing the carbon footprint in the field of corporate technologies
Next year, it is expected that the company’s digitalization efforts will further accelerate, according to the forecasts, the resources spent on transformation will reach 3.4 trillion dollars in the next...
Read more
They go to even the smallest settlement for the returned aluminum cans, bottles, and PET bottles
With a revolutionary new solution and in a mobile way, it collects, registers and then processes the returned metal cans, PET bottles and bottles at manual collection points without recycling...
Read more
BMI: Moderate rise in November
The seasonally adjusted November value of the Purchasing Manager Index (BMI): 52.2. Compared to the previous November values, this year’s value is lower than the long-term average for this month...
Read more
Cyber security in focus: preparing for new requirements on the finish line
The Cyber Security Act imposes new requirements on the operation of their electronic information systems for many companies. The affected organizations have until the end of 2023 to prepare to...
Read more
Egy év alatt ötödével csökkent a nyers tej ára
Az AKI PÁIR adatai szerint Magyarországon a nyers tej országos termelői átlagára 153,57 forint/kilogramm volt 2023 szeptemberében. A fehérjetartalom 0,06 százalékpontos és a zsírtartalom 0,03 százalékpontos javulása, valamint az alapár stagnálása...
Read more
The producer price of paprika increased by 18-21 percent
According to KSH data, 84.07 thousand tons of peppers were harvested in Hungary from 1.35 thousand hectares in 2022. Hungary is a net exporter of green peppers. According to KSH...
Read more
Emotions are the biggest obstacles to a successful generational change
Generational change is already taking place in more than half of domestic family companies. The biggest challenge during the process is that it is difficult for the senior manager to...
Read more
Taxonómia-rendelet: komoly a lemaradásunk
Komoly lemaradásban vannak a tőzsdén jegyzett magyar vállalatok a fenntarthatóság területén – mutat rá az EY 17 EU-tagállamban összesen 320 társaságot vizsgáló tanulmánya. A cikk a Trade magazin 2023/11. lapszámában...
Read more
Coca-Cola HBC Hungary opened a new production line in Dunaharaszti
Coca-Cola HBC Magyarország inaugurated its newest, ultra-modern production line in Dunaharaszti on Tuesday in the presence of Minister of Foreign Affairs and Trade Péter Szijjártó. The new line and the...
Read more
PwC: investors don’t believe sustainability reports
Although sustainability is an important consideration when making investment decisions, 94 percent of investors believe that corporate reports on sustainability performance contain unsubstantiated claims, according to PwC’s 2023 Global Investor...
Read more
K&H: artificial intelligences among themselves
K&H introduced Kate, the artificial intelligence-based digital financial assistant, to its mobile bank a year ago. Starting this September, Kate can also perform actions based on voice commands – the...
Read more
Syngenta presented an online hybrid selection solution for blackboards
Syngenta’s latest digital development, the Cropwise Seed Selector, has arrived in Hungary. Through the online hybrid selection platform based on the data of several decades of weather and tens of thousands...
Read more
Euromonitor: lesz, aki nyer, és lesz, aki veszít Kína gazdasági növekedésének lassulásán
Lassulóban a világgazdaság növekedése, és bár a kilátások javulnak, az infláció és a hitel drágasága 2024-ben is visszafogja a reál GDP növekedését. A globális gazdaság hajtómotorját a – különösen az ázsiai...
Read more
The Agrár Széchenyi Card with special interest subsidy can be applied for until June 2024
It is good news for farmers that it has been achieved in Brussels to extend and increase the amount of the temporary support entitlements, which are important for agriculture and...
Read more
French Retailers Auchan, Intermarché In Buying Alliance Talks
Auchan and Intermarché said they have entered talks to form a joint purchasing alliance, a week after submitting a joint bid to buy the French hypermarket and supermarket stores that...
Read more
AM: We are building a modern horticultural industry
In the KAP Strategic Plan, we continue to maintain priority support for the horticulture sector, so ornamental gardeners can also count on development resources – announced Minister of Agriculture István...
Read more
Lidl To Surpass 700 Stores In Spain Next Year
Despite inflation and declining profitability, discounter Lidl has said that it remains optimistic about the Spanish market. The German-owned retailer plans to open 30 new stores in Spain in 2024,...
Read more
A reduction in the VAT rate for food was raised
The MSZP System Change also includes the reduction of the general sales tax (VAT) on food and energy, and the tax exemption of the minimum wage! program, which is an...
Read more
Exposure doesn’t sway consumers to plant-based meat
A new study from Appetite suggests companies must adopt creative strategies to broaden their consumer base. Increased consumption of plant-based meats may not directly lead to a more positive sentiment...
Read more
The world market price of white sugar has risen
The average world market price of white sugar in September 2023 was EUR 685/ton, almost 8 percent higher than in August. On the London Mercantile Exchange (LIFFE), the front-month quote for...
Read more
The winter seasonal inspection in retail trade begins
Márton Nobilis, the Secretary of State responsible for the food industry and trade policy of the Ministry of Agriculture, ordered a nationwide winter seasonal inspection between December 4 and 31....
Read more
Katalin Neubauer: the extension of the mandatory promotions has a market-distorting effect
According to the announcement of the Hungarian Government, it will extend the system of mandatory promotions until the end of June 2024, which the Secretary General of the Hungarian National...
Read more