Market News
Cofidis Hungary is moving to H2Offices
One of the leading players in the Hungarian consumer credit market, Cofidis Hungary, has chosen the first building of the H2Offices office complex as its new headquarters. The company occupies...
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Recent research: they can have this much income Hungarian PR professionals in 2023
A survey was conducted among Hungarians engaged in PR activities, which revealed the average monthly net income of the respondents, as well as the amount they would be satisfied with....
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Dairy giant FrieslandCampina makes UK alt meat debut with Tender’lish
European dairy giant FrieslandCampina has launched into the UK alt meat market for the first time with a new vegetarian chicken alternative range. The Tender’lish brand will arrive in UK grocery...
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EU ice cream production grew by 5% in 2022
In 2022, the EU produced 3.2 billion litres of ice cream, marking a 5% increase from the previous year. Among the EU countries, Germany was the main producer of ice...
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The selling price of milk and milk products has decreased
According to AKI PÁIR data, the national average producer price of raw milk in Hungary was HUF 153.17/kilogram in July 2023. In addition to the deterioration of the protein content...
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Asda Trials Food-To-Go Counters In Two Stores
UK retailer Asda is testing a food-to-go concept at its Leicester and Dagenham outlets with a concession at the front of stores offering barista style coffees, fresh sandwiches and cakes....
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Rice varieties with low water requirements were produced by MATE specialists
Specialists of the Hungarian University of Agriculture and Life Sciences (MATE) have produced low-water rice varieties at the Galambos Rice Experimental Plant in Szarvas, MATE told MTI on Monday. The...
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Euro zone inflation slowed down in July
In July, inflation slowed down in the euro zone, according to the final data of Eurostat, the statistical office of the European Union, presented on Friday. In an annual comparison,...
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GFM: the price of food included in the price monitor has decreased by an average of 7 percent since its launch
The price of food products included in the price monitor has decreased by an average of 7 percent since its launch, the Ministry of Economic Development (GFM) announced on Friday....
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The net financial assets of households increased to HUF 73,974 billion
2023 II. by the end of the quarter, the total financial assets of households increased to HUF 88,437 billion, which is an increase of HUF 2,089 billion compared to the...
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Some of the working young people and students are planning to work abroad
Although many young people are satisfied with their work, a third of them still struggle to take a job abroad for a while. The proportion of students who plan to...
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The competition authority imposed a fine of more than one hundred million for deceptive telemarketing
The Economic Competition Authority (GVH) imposed a fine of almost 117 million on a Czech company for deceptively selling dietary supplements to Hungarian consumers over the phone, omitting even the...
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The quality of the fruits also depends on the presence of pollinating animals
Almost a quarter of the quality of fruits depends on the presence of pollinating animals, animal pollination plays a key role in determining the quality of agricultural production – concluded...
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Grain producers have to find buyers for their crops themselves
In the past 5-7 years, there was a demand market for grain, now there is a supply market, the producers have to find buyers for their crops themselves – said...
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Food supply in brief
The Short Supply Chain (REL) needs to be further strengthened, the essence of which is that production, processing and sales take place at the local or regional level, said Dr. Beáta...
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Wheat becomes life
Without the establishment of the sovereign, Christian Hungarian state founded by Saint István, today we would not be able to provide help to farmers in the organized way they expect...
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KitKat urges you to ‘take a break’ from life’s tech frustrations in latest TV campaign
KitKat is encouraging people to take a break from life’s everyday tech frustrations, such as weird security questions, remembering passwords or being added to yet another WhatsApp group, by enjoying...
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Nestlé To Invest €500m In Chocolate And Biscuit Business In Brazil
Nestlé plans to invest R$2.7 billion (€500.6 million) in its chocolate and biscuit operations in Brazil between now and 2026, which is three times the amount invested in the last...
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The plum season is in full swing, the star fruit of autumn is already available in the markets
This year’s plum harvest will be weaker than average, farmers can harvest around 40-50 thousand tons of the popular fruit – according to the joint market overview of the National...
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Donations are ongoing for the Bread of Hungarians – 15 million wheat grains program on the occasion of the Carpathian Basin Wheat Merger
Hungarians have an unbroken sense of belonging – the Minister of Agriculture emphasized on Saturday in Szolnok, at the bread of the Hungarians – 15 million grains of wheat program...
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Aldi to acquire Winn-Dixie and Harvey’s Supermarket
The deal, which includes approximately 400 grocery stores across five Southeastern states, continues the discount grocer’s aggressive growth trajectory. Aldi announced Wednesday that it has agreed to acquire Winn-Dixie and Harveys...
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National campaign to promote the consumption of rabbit meat
The next stop of the “Rabbit-go-bele” national campaign series to promote domestic rabbit meat consumption was at the Farmer Expo in Debrecen. At the event, Zsolt Papp, Deputy Secretary of...
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Zoltán Pogátsa: The government was only able to help in one area
Economist Zoltán Pogátsa was not surprised to see the recent, not very favorable GDP data, but at the same time he has no idea what the future of the Hungarian...
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The merchants were confident, but for now we spend on the SZÉP card not in the store, but in tourism
While retailers held optimistic expectations, it appears that concerns from the tourism sector about a potential shift in spending patterns due to the option of using SZÉP cards (Employer Provided...
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Lecsó is nearly a luxury dish now
Summer in Hungarian households inevitably features the iconic dish, “lecsó,” yet the overall price increase in the food industry has led to significant rises in ingredient costs. According to Agrárszektor,...
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There is food, the price of which has been reduced by almost half
With the return of the heatwave, the recent rainy weather has led to high humidity, resulting in abundant mushrooms in the forests of Zala and Vas counties – attracting not...
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The price of carrots doubled in one month
In the past month, the price of carrots in Hungary has skyrocketed, nearly doubling compared to previous months – according to information from RTL News. Currently, a kilogram of carrots...
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They do not examine the combined effects of chemicals in food
The permitted chemical limit values in certain agricultural products, including vegetables and fruits, including the regular amount of residues of various herbicides, fungi and insecticides, are established according to the...
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It changes everything: for 96% of company managers, AI is one of the most important topics
Although there are still many unanswered questions about the use of artificial intelligence, 74% of executives already believe that the benefits of generative AI will outweigh the concerns about it....
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Behavioral design is the key to successful change
If we want to put artificial intelligence at our service, we first need to understand human behavior in order to properly train algorithms and make life better overall. This requires...
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