Market News
The processing sales price of chicken legs rose by 15 percent
According to AKI PÁIR data, the live weight producer price of slaughter chickens in Hungary rose by 32 percent to HUF 508/kg, and that of slaughter turkeys by 38.3 percent...
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Hungary has seen the largest increase in FDI inflows in the past decade
Hungary’s average foreign direct investment (FDI) increased by 7.96% between 2018 and 2022, surpassing any other country analysed by over 5% when compared to figures between 2013 and 2017. This could be attributed...
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Customers can save money and time by using the online price monitor
Since the first of July, the price of observed foodstuffs has decreased by an average of almost 7 percent thanks to the online price monitor, which may have a moderating...
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Opten: The number of companies in Hungary continues to decrease
In 2023, the number of companies in Hungary has decreased every month so far, approaching the drop of 10,000 compared to last year. Although the desire to start companies increased...
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100 million kilos of saved food went to the needy
In the first half of 2023, the Magyar Élélmiszerbank Egyesület saved and donated 4.7 million kilos of expired and defective goods to the needy. Since their establishment, they have collected...
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István Nagy: we will protect the interests of Hungarian farmers at all costs
Hungary will protect the interests of Hungarian farmers by any means and at all costs, even if the European Union does not extend the EU ban on the import of...
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Hungarian Tourist Agency: the 2022 St. Stephen’s Day event series received the “Oscar of the event industry”
The 2022 Saint Stephen’s Day celebration series organized by the Hungarian Tourism Agency (MTÜ) received prestigious international professional recognition at the 13th Global Eventex Awards professional competition – MTÜ announced...
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This is how Hungarians save on meals when they are going to the beach
6 out of ten compatriots usually travel by taking their own food with them, while half of the respondents pack snacks for going to the beach. When it comes to...
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Shop! MarketPlace Austin
Between 25 and 27 April, Shop! Association organised the Shop! MarketPlace trade fair and conference in Austin (Texas, USA). This article is available for reading in Trade magazin 2023/6-7. The...
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EU commissioner: the EU is ready to transport almost the entire volume of Ukraine’s grain exports
The European Union is ready to export almost all of Ukraine’s agricultural products through the solidarity corridors, EU Agriculture Commissioner Janusz Wojciechowski announced on Tuesday in Brussels after the one-day...
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KSH: The average gross salary in May was HUF 567,800
The gross average earnings of those employed full-time was HUF 567,800, and the average net earnings calculated with discounts taken into account was HUF 391,500 in May 2023, the Central...
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Professional association: the situation of the Hungarian logistics sector can be strengthened
According to the Association of Hungarian Logistics Service Centers (MLSZKSZ), the situation of the Hungarian logistics sector can be strengthened and it can generate significant additional income for all those...
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Emődi Mezőgazdasági Zrt. is developing its feeding technology with more than HUF 280 million
Emődi Mezőgazdasági Zrt. is developing its feed technology at its site in Borsod-Abaúj-Zemplén County, Emőd, from HUF 282.76 million, the company told MTI. According to the information, the investment serves...
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In the first half of the year, the food bank helped the needy with 4.7 million kilos of saved food
In the first half of this year, the Magyar Élélmiszerbank Egyesület rescued and donated 4.7 million kilograms of expired and defective goods to the needy. In a statement delivered to...
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Lidl introduces digital price tags in Portugal
Following a successful pilot in one store last October, Lidl will switch to digital price tags from its traditional paper pricing labels in its stores across Portugal. The move is...
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TVE: the rise of the fair trade market in Hungary has stalled
The rise of the fair trade market in Hungary has stalled in the past two years, but the trend reversal can already be felt – the Association of Conscious Buyers...
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Minister of Agriculture: Hungary protects its pig herd from African swine fever
It is vital for Hungary to protect its domestic pig population from African swine fever, so it is working on official measures that reduce the chance of the infection spreading,...
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It’s not too late to apply for Hungaropack by July 30!
In 2023, the National Association of Packaging and Material Handling (CSAOSZ) announces the HUNGAROPACK Hungarian Packaging Competition, recognized as a national event by the World Packaging Organization (WPO), for the...
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Facts and misconceptions in animal husbandry – the national chamber of agriculture is launching a new video series
Who is fueling the anti-meat narrative? What would a world without livestock be like? What role does animal husbandry play in rural farming and the functioning of ecosystems? These and similar...
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Anuga Meat – A Platform For The Global Meat Industry
Anuga Meat will be uniting the who’s who of the international meat industry at Anuga in Cologne from 7 to 11 October 2023. The show will feature around 600 exhibitors...
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Co-op and Uber Eats tie-up allows shoppers to earn rewards
Co-op shoppers that are signed up to the convenience retailers Member Prices loyalty programme can now earn rewards through its tie-up with Uber Eats. The move is a first for...
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The harvest has ended in Békés County
The harvest in Békés county has been completed, the harvest is better compared to last year’s drought year, but falls short of expectations – the Békés County Directorate of the...
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Coca-Cola, PepsiCo sales likely to withstand WHO aspartame cancer ruling
The World Health Organization’s announcement last week that aspartame is “possibly carcinogenic” is unlikely to meaningfully impact sales at Coca-Cola and PepsiCo or cause the beverage companies to suddenly abandon...
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Nébih: the first installment of the supervision fee can be paid until July 31
The National Food Chain Safety Office (Nébih) draws attention to the fact that the payment deadline for the first installment of the supervision fee for 2023 is July 31, the...
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István Nagy: the agriculture ministers of the frontline countries jointly requested in Brussels the extension of the import ban until the end of the year
The head of the Hungarian Ministry of Agriculture reported on his social media page what he requested from the European Union together with several ministers of agriculture. Together with the...
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Retail trends tailored to future needs
During the coronavirus pandemic, shoppers developed a new habit: instead of spending a pleasant time with comfortably shopping in the store, they wanted to purchase what they needed as quickly...
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GKI’s economic sentiment index rose in July
fter a significant decline in June, the summary indicator of the results of the survey con-ducted by GKI Economic Research Co. with the support of the EU, the economic sentiment...
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Péter Szijjártó: Hungary also has a competitive advantage in the food industry in Central Asia
In recent years, the importance of Central Asia has increased, and Hungary started building relations with the countries of the region much earlier than other actors, so today it has...
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The economic performance of the Eurozone decreased in July
The economic performance of the Eurozone decreased more than analysts expected in July, according to the preliminary values of the Purchasing Managers’ Index (BMI) presented on Monday by the S&P...
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This is why 7 out of 10 webshops fail in Hungary
A well-functioning webshop with promising passive income is the dream of many entrepreneurs. We can read success stories when, with minimal capital, a Sufni soap/DIY/baby clothes webshop became a superpower...
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