Market News
The Polish Minister of Agriculture has resigned
Polish Minister of Agriculture and Rural Development Henryk Kowalczyk resigned on Wednesday, having linked his decision to Ukrainian grain exports flowing into Poland. Announcing his decision at a press conference,...
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Coface: The number of insolvency proceedings in Hungary has increased
Almost twice as many liquidation proceedings were initiated against Hungarian-based companies in 2022 than a year earlier, according to an analysis by Coface, one of the world’s largest credit insurers....
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BDO: The extended producer responsibility system brings new burdens and new tasks
The government decree on the detailed rules for the operation of the extended producer responsibility (EPR) system (Government Decree 80/2023. (III. 14.)) has been published, according to which, from July...
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ALDI is reducing the price of 30 Easter chocolates by up to 30%
ALDI Hungary continues its price reduction before the Easter period in order to enable Hungarian consumers to do their holiday shopping at even lower prices. After a significant reduction in...
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If inflation disappears, will the food price freeze also go?
It may depend on next Wednesday’s inflation statistics whether we will stay with the food price freeze or whether the government will cancel it. So you have to wait until...
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Tamás Éder: now is the turning point in food prices
Éder Tamás, the president of the Hungarian Meat Industry Association, the vice-president responsible for the food industry of the National Chamber of Agriculture, spoke about the possible future of food...
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Survival strategies
Trade Marketing Club (TMK) organises its “I Love Trade Marketing” conference every year, and this time the title of the one-day online event was Survival Strategies. More than 200 people...
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The Economic Competition Office continues to monitor food prices
The Economic Committee of the Parliament accepted the Economic Competition Office’s (GVH) report on its activities in 2022 and its experiences related to the application of the Competition Act, the...
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Fruitveb: due to spring frosts, fewer apricots and peaches may be produced this year
Due to the spring frosts, fewer apricots and peaches may be produced this year, especially from the varieties that can be harvested early in June – reads the summary published...
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In the OECD, inflation slowed down in February
In February, the annual growth of consumer prices slowed down to an average of 8.8 percent in the countries belonging to the Organization for Economic Cooperation and Development (OECD), from...
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In order to break inflation, Judit Varga and Márton Nagy discussed consumer protection measures
In order to break inflation, Judit Varga and Márton Nagy discussed consumer protection measures, the Ministry of Justice and the Ministry of Economic Development announced on Tuesday. It was highlighted...
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From HO to HI – i.e. Home Office plus Hybrid Office – methods of working
The series started several months ago about the experiences of the Home Office working method and the current practice, which is carried out by domestic and international companies in Hungary....
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After eight years, the Hungarian Advertising Code is renewed
The Codification Committee of the Self-Regulatory Advertising Board (ÖRT) and the Hungarian Advertising Association (MRSZ) has updated the Hungarian Advertising Code in more than 30 meetings in the framework of...
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You can register for TeSzedd for one more week! for a waste collection campaign
On Tuesday, April 11, volunteers can apply until 6:00 p.m. for the eleventh TeSzedd! – Voluntarily for a clean Hungary! program series – Zsófia Koncz, Parliamentary State Secretary of the...
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More surprises from Szikrai Winery
Szikrai Winery Kft.’s latest innovation is the Tutti-Frutti syrup, and already this year the company will put more new flavours on store shelves. They are also the manufacturers of Szobi...
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The European Food Safety Authority renews the membership of its scientific bodies and Scientific Committee
The European Food Safety Authority (EFSA) will renew the membership of its scientific bodies (panels) and Scientific Committee in 2024. The relevant information was recently published on the EFSA website....
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Germany: neither vegetarian, nor vegan McPlant Burger and McPlant Nuggets from McDonald’s
It has caused quite a stir in German social media that the McPlant burger and McPlant nuggets served in McDonald’s restaurant are suitable for neither vegetarians, nor vegans: because of...
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Tesco launches new home health test
In more than 500 stores in the United Kingdom, Tesco has launched at-home testing kits for shoppers for various health problems, including bowel cancer, menopause and thyroid issues. The test...
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The turnover of deep-frozen food in Germany broke a record last year
Last year, a record was set for the consumption of deep-frozen food in Germany by the sector’s professional representative organization, the Deutsches Tiefkühlinstitut e. V. (dti) according to its regular...
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Does change really depend on individual actions? – this is what 4 generations think about sustainability
According to nearly 40% of those surveyed, the majority are not willing to deal with climate change because they think it is too far-fetched, according to a recent MediaMarkt survey....
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REWE Group successfully navigates crisis year 2022 and stays on steady course
REWE Group ended the 2022 business year on a successful note and continues its stable performance. In view of the many different impacts of the Ukraine war, the consistent course...
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Ukrainian grain was subjected to strict inspection
In several cases, toxin and GMO contamination was detected after the examination of the grains that arrived in our country from Ukraine. The circulation of more than 29 tons of...
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Nissin puts breakfast (and noodles) in a cup
For many people, the most essential cup at breakfast time is that first mug of coffee. Noodle giant Nissin Foods USA is hoping to change that with its Cup Noodles...
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NAV confiscated cigarettes without a license plate, fake perfume and puppies
The staff of the National Tax and Customs Administration (NAV) seized unlicensed cigarettes, fake perfume and stray puppies on the M7 motorway in a coordinated operation. According to NAV’s announcement...
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Spain’s Eroski rolls out private label for vegan products
Spanish supermarket chain Eroski has put a new range of private label vegan products on the market, as it aims to promote a healthier and more sustainable diet. The Eroski Veggie organic...
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Meat consumption in Germany at an all-time low
Germans have not eaten so little meat for decades, at least according to the preliminary data of the Federal Centre for Agricultural Information (BZL). Per capita meat consumption of 52...
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The Ministry of Agriculture is already working on a bill aimed at abolishing the land tax
The Ministry of Agriculture is already working on a bill aimed at abolishing the land tax, which farmers’ organizations asked the government to implement after Péter Márki-Zay, the former candidate...
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No shortage of eggs is expected at Easter
High-quality Hungarian eggs are also available to customers during the Easter period – the National Chamber of Agrarian Economy draws attention. The average annual egg consumption is 236 eggs per...
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K&H is starting to reduce its carbon footprint on its own
The European Commission is taking draconian measures to curb air pollution caused by internal combustion engines. And the European Parliament recently decided that after 2035 no more new cars equipped...
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WHC Group: companies are in dire straits, there is a deadly fight for labor in many areas
Despite the recent slowdown in the economy’s performance, the trend typical of recent years continues on the Hungarian labor market: many areas, especially the industrial production sector, are suffering from...
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