Market News
Agricultural Economics Institute: at the beginning of the year, sales of agricultural machinery increased by 45 percent
In the first quarter of this year, producers bought agricultural machinery and tools for HUF 90.7 billion, the total value of sales increased by 45 percent compared to the same...
Read more
Metro Expands Franchise Solutions For Retail Customers
German wholesale giant Metro AG is expanding its franchise solutions to offer more added value for its retail customers. The move aims to elevate the operational quality and efficiency of these outlets....
Read more
Safety also comes first in the food industry
Health protection, food safety, and fair food trade have long been central issues, said Dr. Márton Nobilis, State Secretary of the Ministry of Agriculture responsible for food industry and trade...
Read more
Several thousand liters of alcohol were seized in Bács-Kiskun, proceedings were initiated for violation of the excise law
Proceedings were initiated on suspicion of violation of the excise law and budget fraud in the case in which 4,000 liters of alcohol intended for pálinka, 4,500 liters of sugar...
Read more
Investment in the future of books – MCC becomes the majority owner of the Libri Group
The Mathias Corvinus Collegium Foundation’s subsidiary has signed an agreement with SQ Invest Kft. on the sale and purchase of a 67.48 percent stake in the Libri Group. With the...
Read more
In the OECD, inflation slowed down in April
In April, the annual growth of consumer prices slowed down to an average of 7.4 percent in the countries belonging to the Organization for Economic Cooperation and Development (OECD), from...
Read more
A new recipe and a bold visual image: Sprite’s new campaign advertises an irresistible taste throughout Europe
Sprite is renewed: Coca-Cola’s iconic refreshing drink comes with a new flavor and a bold new visual image. The brand’s latest global ATL creative campaign primarily encourages Generation Z to...
Read more
700 new products have been added to the dm range in the name of beauty and health
This spring, dm expanded its range again with 700 new products in the facial care, natural cosmetics, reform food, medicinal products, oral care and household categories. Thanks to the expansion,...
Read more
The Munch application against food waste is becoming more and more popular
A large quantity of valuable food goes to waste or ends up in landfills worldwide. Approximately 87.6 million tons of food is wasted annually in the EU alone. This is...
Read more
Almost half of Hungarian Generation Z youth would take up a job abroad
Despite the economic slowdown, the Hungarian labor market is still tight, the unemployment rate was 3.9% in April, which is considered low. The Hungarian economy is still short of workers....
Read more
Offering a stable vision for the future to retail partners
Our magazine sat down for a conversation with Zsófia Bánhegyi, chief commercial officer of Szerencsejáték Zrt. This article is available for reading in Trade magazin 2023/6-7. – How did the...
Read more
The Ministry of Economic Development draws attention to the rules of student work
The Ministry of Economic Development’s announcement on Monday draws attention to the regulations regarding the work of students. According to the Labor Code, the general rule is that anyone over...
Read more
Tesco scraps two billion pieces of plastic from its business
Tesco has announced that it has removed more than two billion pieces of plastic from its UK business since the launch of its 4R – Remove, Reduce, Re-use, Recycle –...
Read more
No concrete plans for TikTok Shop in continental Europe
TikTok Shop has been launched in parts of Asia, followed by expansions in the United Kingdom and the United States. However, there are currently no plans for a launch in...
Read more
About two-thirds of the unified applications were submitted by farmers this year with the help of the National Chamber of Agrarian Economy
The village farmers of the National Chamber of Agrarian Economy (NAK) actively contributed to the submission of uniform applications this year. More than 65 percent of the 164,603 applications submitted...
Read more
Aldi Nord Commences Self-Scan Tests Via Smartphone
Discounter Aldi Nord has commenced testing self-scanning via smartphone in one of its stores in the Netherlands, Retail Optimiser has reported. At the Aldi store in Berkel-Enschot near Tilburg, customers...
Read more
PepsiCo to invest $72 million in Britain’s Walkers factory
PepsiCo Inc said it would invest 58 million pounds ($72 million) to boost potato crisp, or chips, manufacturing at its Walkers factory in Leicester, in what represents the consumer goods...
Read more
A Bulgarian driver crashed on the M5 with hidden conterfeit drinks
The Bulgarian driver who transported hundreds of liters of alcohol on the flatbed of his truck was trying to get from Bulgaria to Belgium, but the tax inspectors of the...
Read more
Feel free to eat local fruits
The responsible and conscious decision in all areas is to consume seasonal, i.e., domestic fruit harvested at the time of natural ripening, said Minister of Agriculture István Nagy. The head...
Read more
The lastest issue of Trade magazin is out now!
You can read in detail about this year’s FMCG Retailer Ranking, the annual reviews of the companies on the list, the summaries of market researchers, and the accompanying analyses from...
Read more
István Nagy: the positive effects of mandatory store promotions are already visible
Although it has only been in effect for a short time, since it was introduced on June 1, the very positive results of the mandatory store promotions are already visible...
Read more
AMC: Hungarian food manufacturers can find new sales opportunities in Transylvania
The ten Hungarian food producers who presented themselves at a two-day meeting to the buyers and distributors of the relevant food chains in Székelyföld can get new sales opportunities in...
Read more
CSAOSZ: here is the evaluation of the level of the EPR fee items, in the light of the items of the environmental protection product fee
In the 81st issue of the Magyar Közlöny, published on June 2, 2023, the ministerial decree determining the fees for extended producer responsibility was released with a two-day delay compared...
Read more
NAV collected more taxes than expected in 2022
The National Tax and Customs Administration has published its yearbook summarizing the most important tax authority events and statistics of the year 2022. It reveals, among other things, the amount...
Read more
Due to the increase in procurement costs, the importance of mechanical labor in agriculture has increased
The importance of machine contract labor in agriculture has increased after 63 percent of farmers indicated that they had to postpone their planned machine purchase in the past year due...
Read more
The new sow farm of the Hunland Group was handed over
The “fire-hardened alliance” of farmers and the government and the support of young farmers remain; there will be a support for start-up farmers with 40 thousand euros and a support...
Read more
NAK and PENNY have installed beds in schools and kindergartens
The National Chamber of Agricultural Economy (NAK), in cooperation with PENNY, installed raised beds in eight or eight elementary schools and kindergartens in Veszprém, as well as in the school...
Read more
Another two thousand beekeepers will receive support in the bee animal welfare program
The “Bee Animal Welfare Support” tender published within the framework of the Rural Development Program will provide assistance to almost two thousand beekeepers in the amount of HUF 2.7 billion,...
Read more
General Mills is bringing Häagen-Dazs to the yogurt aisle
The Häagen-Dazs ice cream brand is entering the yogurt aisle with the debut of Häagen-Dazs Cultured Crème. Häagen-Dazs Cultured Crème is slow crafted, utilizing a fermentation process that is up...
Read more
The rules for keeping the management diary have changed
In the case of several calls for tenders previously published within the framework of the Rural Development Program, the rules related to the management of the management diary have been...
Read more