Market News
Overturned grain market: grain growers are in a difficult situation
In three months, the price of the most important cereals fell by more than 20 percent on the domestic market, so the very unusual situation arose that wheat and corn...
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Bácska-Logistik Kft. received support for the creation of a new gas station and self-service restaurant.
Bácska Logistik Kft. from Baja has won a grant of almost HUF 300 million for the construction of a new gas station suitable exclusively for refueling trucks and a self-service...
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Due to the drought, it may become necessary to restrict water use in Italy, according to the government
As a consequence of the extreme drought, it may even become necessary to “ration” the national water supply in Italy, Gilberto Pichetto Frantin, the minister responsible for environmental protection and...
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Restrictions on water use may also become necessary in Italy for the sake of food supply
As a consequence of the extreme drought, it may even become necessary to “ration” the national water supply in Italy, Gilberto Pichetto Frantin, the minister responsible for environmental protection and...
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KSH: The number of employed people in January was 4,699,000
In January 2023, the average number of employed persons aged 15-74 was 4,699,000, 46,000 more than a year ago, the Central Statistics Office (KSH) reported on Friday. November 2022-2023 in...
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Bill Gates Buys Heineken Stake, Despite Saying He’s ‘Not A Big Beer Drinker’
Bill Gates has bought 3.76% stake in Dutch drinks giant Heineken Holding NV, although the billionaire founder of Microsoft has previously said he was “not a big beer drinker.” The...
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Livestock breeders who engage in grass-based grazing can gain access to new resources
In the Common Agricultural Policy (KAP) until 2027, a number of new elements and forms of support will appear, which will provide assistance in more ways than before for extensive...
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Plenty of programmes by Shop! – POPAI this year
Marketing at Retail is facing a busy first quarter and lots of programmes in 2023, thanks to POPAI Hungary Association and parent organisation Shop! Association. The challenges and changes in...
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K&H: that’s how much Hungarians spent on food
Inflation accelerating to a multi-decade peak is clearly visible, including the more than 40 percent increase in food prices for card spending, according to K&H’s summary. In December last year,...
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Five smart logistics trends that will determine the domestic development of e-commerce in 2023
The demand for same-day delivery is even greater than before, many customers are no longer satisfied with half-day time windows, and with the increase in energy prices and inflation, cost-effectiveness...
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Global Family Business Index survey: Family businesses are still booming
Family businesses are growing faster than the global economy, according to the latest Global Family Business Index ranking by EY and the University of St. Gallen, Switzerland. The list of...
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Fidelity Analyst Survey 2023: Inflation may be easing
Consumer inflation is already past its peak, but the debate about the long-term effects of the price increase experienced last year – unprecedented in thirty years – will continue for...
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“Green” advertising messages are often confusing – the GVH draws attention to this
Based on the rapid investigation of the Economic Competition Office (GVH), in many cases, advertising communications referring to sustainability are not accompanied by easily accessible and relevant support for consumers....
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The headquarters of another UN organization is moving to Budapest
The move of the global financial center of the World Food Program to Budapest will also contribute to maintaining a safe food supply and eradicating hunger, said Minister of Agriculture...
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BDO: The ERP system can also be a double-edged sword if they do not understand it
Integrated ERP, or enterprise management systems, have been revolutionizing the global economy and business operations for quite some time. Today, they are practically essential above a certain business size or...
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The US Food and Drug Administration recommends that plant-based milk replacer drinks can be sold as milk
The U.S. Food and Drug Administration recommends that plant-based milk replacer drinks be labeled “milk” by manufacturers. The organization of dairy enterprises is protesting. According to a draft rule issued...
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Half of Hungarian workers expect a salary increase in 2023
Last year, 63 percent of employees received a salary increase or some kind of extra allowance due to their increased expenses, this year only slightly more than half of them...
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Corvinus research: There is still a lot to do to make our businesses future-proof
The organization of the future is now innovative and digital according to the majority of interviewed domestic managers. At the same time, it is not necessarily flat, networked and knowledge-sharing,...
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(HU) Gyerekétel-kreátorral együttműködve kínál az Aldi olcsó uzsonnásdoboz-ötleteket az Egyesült Királyságban
Aldi has partnered with kids’ food creator, Rachel Stirling to create a series of lunchbox ideas for under £5 as children return to school after half term. Designed to keep...
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Strong Pricing Helps To Drive Sales Growth For Campari
Italian spirits group Campari reported a 9.6% increase in fourth quarter like-for-like sales, thanks to strong pricing and despite supply constraints. The maker of Aperol and Campari bitters said net sales...
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Dollar Stores Double Their Share In Rural Areas Of US
Dollar stores are now the fastest-growing food retailers in the United States, and have doubled their share in rural areas, according to researchers at Tufts University. Tufts University found that...
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The average price of farmland in 2022 broke the HUF 2 million mark
In 2022, the average price of agricultural land per hectare increased by 11 percent, similar to previous years, and thus crossed the psychological limit of HUF 2 million – Agrotax...
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The average price of farmland in 2022 broke the HUF 2 million mark
In 2022, the average price of agricultural land per hectare increased by 11 percent, similar to previous years, and thus crossed the psychological limit of HUF 2 million – Agrotax...
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Metro Logistics Launches New Platform For E-Commerce Ordering
Metro Logistics, part of wholesale giant Metro AG, has announced plans to launch a new platform for the logistics fulfilment of e-commerce orders in Altlandsberg and Brandenburg in Germany. The...
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Cocoa and chocolate will soon be a luxury
Chocolate and cocoa prices are rising, as one of the world’s largest cocoa exporting countries, Nigeria, has a problem with the cash supply, which has caused exports to drop by...
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Danone’s revenue grew more than expected
Danone achieved a higher-than-expected income in the fourth quarter of last year, partly thanks to its higher prices, according to the financial report of the French food industry group published...
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Sweets and bacon? Unusual, but irresistible
We’re just over Valentine’s Day, we’re waiting for the sun to come out and we’re still fighting the frost in the morning, so we’re trying to survive the last breaths...
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Deli pickles have been recalled due to the possible presence of glass shards
Due to the possible presence of shards of glass, Gloster Vegetable-Gyümölcs Feldolgozó és Kereskedelmi Kft. has recalled commercial cucumbers from the market – the National Food Chain Safety Office (Nébih)...
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Sixty Gyermelyi dry pasta products received the KMÉ trademark
Gyermelyi Zrt.’s 60 types of dry pasta, including products made with and without eggs, have received the Excellent Quality Food mark. 23 products from pasta made with 4 eggs and...
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