Market News
The customer is the important to everyone, everywhere, at all times – We were learning together (Business Days 2024 Part 1)
Wednesday morning of the Business Days conference, the topic was a general market assessment of the past year and a half, in the light of the shopping habits of households...
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Coface: the region’s mammoth companies achieved growth in difficult times
The countries of the Central and Eastern European region performed poorly last year: the region’s aggregate GDP grew by just 0.7 percent year-on-year, the weakest figure of the current century....
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Generational change is increasingly a concern for Hungarian businesses
Surveys in recent years have shown that while Hungarian private businesses are addressing the issue of generational change, they are not doing so with the weight that is appropriate for...
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Supermint visited the dairy section of grocery stores
In the Supermint program, this time the dairy departments of commercial units were inspected by experts from the National Food Chain Safety Office (Nébih). The official inspectors visited 30 stores...
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The Food Rescue Center’s Advent Charity Campaign
The Food Rescue Center Nonprofit Ltd. (ÉMK) is launching its charity food collection campaign this Advent season with the support of the Ministry of Agriculture. This Christmas, the Center will...
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The Milk Product Council and the Hungarian Dairy Experimental Institute Ltd. are educating together
The Milk Product Council and the Hungarian Dairy Research Institute Ltd. are launching a series of articles entitled “Butter Definition”, which aims to clarify information about butter, dispel misconceptions, and...
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The country’s largest school fundraiser has launched
All Hungarian kindergartens, primary and secondary schools can join the country’s largest school fundraiser. The organizers of the Christmas Smiley Elves campaign, which will run from November 11 to December...
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The price of bone-in chicken breast and chicken breast fillet also decreased significantly
According to KSH data, Hungary’s poultry meat exports increased by 2.4 percent to 142 thousand tons in the first eight months of 2024 compared to the same period in 2023....
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GLS Hungary has prepared everything so that holiday packages arrive on time
The holiday season requires special preparation every year – thanks to GLS Hungary’s year-round data-driven operation and forward-looking planning, it is ready this year to ensure that shipments arrive on...
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Effective action must be taken against the placing of fake honey on the EU market
Effective action must be taken against the placing of fake honey on the EU market, for example by marking and separating natural and unnatural honey, but in the meantime, the...
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Migros Zurich To Restructure Tegut – 120 Jobs At Risk
Migros Zurich plans to restructure its German subsidiary, Tegut, putting approximately 120 full-time jobs at risk. The decision follows the inability of the banner to leverage existing market potential and...
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Live pig exports have strengthened
According to data from the Central Statistical Office, Hungary’s live pig exports increased by 22.7 percent to 22.5 thousand tons in January-August 2024 compared to the volume in January-August 2023....
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Hungary’s agricultural relations with the United Kingdom are further strengthened
Cooperation in the fields of agriculture and trade between Hungary and the United Kingdom must be further strengthened – stated István Nagy, Minister of Agriculture in London. The Minister held...
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Responsible packaging, sustainable future
Both the European and the domestic market feel the decline in retail sales. At the same time the changing market environment is encouraging cardboard packaging users to look for more...
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Amazon stops offering Fresh home delivery in Germany
After seven years, US-based Amazon is to discontinue its Fresh food delivery service in Germany. The service will cease in Berlin, Hamburg and Munich on 14 December and will be...
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The slowdown in the electric car market is only temporary
Global demand for pure electric, hybrid and plug-in vehicles (EVs) is slowing this year, according to an international survey conducted by EY of 19,000 consumers in 28 countries. The slowdown...
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Nestlé USA to Invest $150 Million to Expand Gaffney, South Carolina, Plant
Project will add a production line for the company’s single-serve frozen meals, as well as automation and digital technology enhancements. Nestlé USA will spend $150 million to expand its Gaffney, S.C., production...
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The most beautiful and fresh pine trees are available at farmers’ fairs this year
This year, customers can choose from even more beautiful pine trees before the Christmas period. According to the joint overview of the National Chamber of Agriculture (NAK) and the Hungarian...
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Germany’s Kaufland partners with start-up to offer more sustainable coffee
Kaufland is working with start-up Cotierra to offer more sustainably produced coffee. The coffee comes from a project in Colombia, where waste from coffee plantations is recycled. It is available...
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The amount available for ewe support will increase next year
The government is committed to supporting the sheep sector, which is why it has decided to increase one of the most important elements of the support available to sheep farmers....
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Organic farming is the key to and a leading model for sustainable agriculture
International and national organic farming experts met in Budapest at the 18th European Organic Congress. This article is available for reading in Trade magazin 2024/10 The debate focused on the...
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EU agriculture ministers discuss internal markets and fishing quotas
The situation of the European Union’s internal market and the 2025 fishing quotas will be discussed at the EU Agriculture and Fisheries Council (Agrifish) meeting on Monday, Agriculture Minister István...
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New economic “action plan”: Is it realistic to further increase household loans?
An unfortunate consequence of the domestic housing crisis is that the majority are unable to buy a home on their own, but are forced to take out a loan for...
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The holiday season begins: 800 tons of hot dogs and 55 tons of fish arrive in SPAR stores
SPAR Hungary is prepared for this year’s holidays: around 800 tons of hot dogs, 74 tons of salad, and 55 tons of fish will be delivered to the stores before...
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EU: the application of international law is also an obligation in cyberspace
The Council of the European Union approved a statement on the common interpretation and obligation of the application of international law in cyberspace, in which the member states stated: cyberspace...
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The period of layoffs is approaching: more people than usual may change jobs at the end of the year
The end of the year is fast approaching, which always creates a turbulent period on the labor market. Many people are struck by the wind of change and decide to...
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Nestlé unveils new global cuisine brands
Nestlé has launched two new international gastronomy brands in the US, Mings and Tapatío. The Mings brand was created by American chef Ming Tsai, with decades of culinary experience and...
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Trenkwalder: almost half of the employees in the private sector are dissatisfied with their salary
49 percent of employees working at companies are dissatisfied with their salary, and the majority of them plan to change jobs within a year if they have the opportunity –...
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István Nagy: regular consumption of honey is a step towards a more livable future
Regular consumption of honey is an important step for a more livable future – the Minister of Agriculture stated at the central event of the European Honey Breakfast – Let...
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Digitalisation today and tomorrow
Digitálisreklám.hu was the host of the September meeting of the Hungarian POPAI organisation, where CEO István Bata and head of sales and marketing Ágnes Péczely-Tóth welcomed participants. They prepared for...
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