Market News
Inflation accelerated in Spain in July
The annual growth rate of consumer prices in Spain accelerated to 2.3 percent in July from 1.9 percent in the previous month, according to preliminary data published by the Spanish...
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Serbia, Bosnia and Croatia are also severely affected by the African swine fever epidemic
More than 34,000 pigs had to be killed in Serbia, Croatia and Bosnia-Herzegovina due to the African swine fever epidemic present in the region, and the competent ministries of the...
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National campaign to promote the consumption of rabbit meat
Get into it” national campaign to promote domestic rabbit meat consumption in the Auchan department store in Soroksár. At the event, Péter Ondré, managing director of the Agrármarketing Centrum, Róbert...
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Russia’s Magnit To Buy Back Around 21.5% Of Shares From Western Investors
Russian retailer Magnit said it plans to buy back approximately 21.5% of its shares, finalising the results of a tender offer that could enable some Western investors to sell off...
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Favorable mid-year changes in the taxation of primary agricultural producers
From July 15, 2023, the primary agricultural producer may, in addition to certified costs and depreciation, reduce the income from the sale of the equipment used for his activities by...
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Unilever leverages AI to transform plant proteins and vegan innovation
Unilever is exploring precision fermentation to create plant-based products based on mycoprotein with its partner, Enough. “We are continuously expanding the number of products that we have in our plant-based...
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IGD: Total food and drink market moving towards recovery by 2025
The total UK food and drink market is predicted to be worth £315.2bn by 2028, experiencing a growth of 19% from 2023 (£265bn), according to a unique new forecast from...
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The main goal remains the abolition of undivided common land ownership
Accelerating the liquidation of undivided common land ownership is still an important goal for the Ministry of Agriculture, with which the Hungarian property policy aims to remedy more than thirty...
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Things we didn’t know about aluminum cans
Blinds, wires, dishes, foil… well, drink boxes. It can all be made of aluminum. From a raw material that we take in our hands almost every day, and yet we...
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The Agricultural Marketing Center has timed its poultry meat campaign for the summer barbecue season
The summer barbecue season offers countless opportunities to prepare tasty, light dishes with various spices and marinades. Poultry is also a popular grill ingredient, and it can also be prepared quickly...
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This year’s melon season is going well
There is an abundant supply on the domestic melon market, and in addition to the quantity, there is no complaint about the quality either. High-quality Hungarian watermelons are produced in all...
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Potatoes became the determining factor of food
The foundations of our agriculture are now stable, as the well-thought-out and consistent measures of the past 13 years have made it clear that the government views Hungarian agriculture as...
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NAV revealed the illegal practices of a suspiciously cheap webshop
The commercial practices of a webshop operated in Slovenia were investigated by the inspectors of the Special Tax and Customs Directorate of NAV; it turned out that the evasion of...
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Companies offer the highest incomes for internships in these areas
This year, companies are offering the highest incomes to employees applying for internships in the fields of sales, finance, operations, HR and logistics – Munkahelyeink.hu told MTI on Thursday based...
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Profession.hu: Employee well-being can be improved by properly separating jobs
From the point of view of employee well-being, even though it is a determining factor, merely having an adequate amount of benefits is not a sufficient factor. If the mental...
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Agrometeorology: in the central and southeastern parts of the country, summer crops would benefit from rainfall
There is already a drought in the central and southeastern parts of the country, the summer field crops in these areas can only get moisture from the deeper soil layers,...
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A record number of students are starting their studies in the field of food science
This year, more than ever, 3,367 students were admitted to the courses of the Hungarian University of Agriculture and Life Sciences (MATE) starting in September, which represents a 32 percent...
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Anywhere, anytime, poultry.
The domestic poultry sector is the largest and continuously developing sector of Hungarian animal husbandry, and its importance is outstanding in terms of supplying domestic consumers and exports. The domestic sector...
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Co-op boss calls for change in police response amid ‘out of control’ retail crime
Co-op food managing director, Matt Hood, has called on the police to “play their part” in tackling retail crime as rates surge 35% year on year. The convenience retailer has...
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Nestlé taps regenerative agriculture for US wheat supply and Digiorno pizza ingredients
Nestlé has invested in regenerative agricultural practices of US wheat farms in the Digiorno supply chain to produce healthier, more sustainable ingredients for their pizzas. As part of its roadmap...
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More Than Half Of Shoppers Have ‘Abandoned’ E-Commerce, Study Finds
More than half (52%) of e-commerce grocery shoppers are no longer shopping online, compared to a year ago, new global research from SymphonyAI Retail CPG has found. The analysis of...
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The tractor pulling competition in Hajdúböszörmény will have more participants than ever before
The international tractor pulling competition in Hajdúböszörmény will have more participants than ever before this year, the organizers announced at a press conference in Hajdúböszörmény on Thursday. 22 teams from...
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Signature 40: Once again, the main role belongs to operational specialists
They are looking for the best brand managers of the year once again: the Signature 40 initiative awards operative specialists who are behind successful campaigns and projects and work directly...
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István Lakatos: “I am not the failure-avoiding type, I am success-oriented”
István Lakatos, the CEO of Bravogroup Holding was Szilvia Krizsó’s guest in the latest episode of the Future Talks podcast. This article features parts of the conversation, but you can...
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Talentis Agro Zrt enters the international market
Talentis Agro Zrt. enters the international market: Lőrinc Mészáros and Talentis Agro Zrt. – which is a member of the Mészáros Group – signed a sales contract with Nikola Velicki,...
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There are a lot of question marks surrounding the new complaint law, an important corporate deadline has already passed
The Act on Complaints, Public Interest Notifications, and Rules for Reporting Abuses (Complaints Act), adopted at the end of May, imposes a number of obligations on businesses. Medium-sized companies (from...
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The producer price of light lamb increased by 6 percent, and that of heavy lamb by 3 percent
According to data from the European Commission, the European Union’s sheep and goat imports (live animals and meat) were 28,000 tons in January-April 2023, which represents an 11 percent increase...
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Walmart is teaming up with customers to aid schools.
Through Monday, Sept. 4, Walmart plans to donate $1 million to schools through the Spark Good online giving program it operates as part of the Walmart Foundation non-profit initiative. Schools...
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Retail sales space in Austria is shrinking
An analysis by RegioData based on an assessment of 40 000 retail locations in its database, shows why the density of retail outlets in Austria’s medium-sized cities is particularly high...
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(HU) Hatalmas piacon szerzett vezető pozíciót a HELL
Based on the latest NIQ data for May 2023, HELL ENERGY has outperformed all competitors in India and has been ranked number one* in the energy drink category in the...
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