Market News
István Nagy: common interest is the success of Hungarian wine
The success of Hungarian wine is a common interest, and at the same time a nation-building force. In addition to the government’s support, its reputation can be most effectively increased...
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SPAR takes up the fight against food waste
Reducing food waste is receiving special attention worldwide in the name of sustainability. In Europe, nearly 90 million tons of food is wasted every year, which is of particular importance...
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Food price increase to slow down significantly this year
Erste told at a press conference in April that food prices will continue to rise in Hungary in 2024, but after the significant increase in the past two years, the...
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NGM State Secretary: the interest rate cap protected SMEs from the negative effects of the rising yield environment
The interest rate cap protected SMEs from the negative effects of the rising yield environment; the introduction of the measure did not mean an additional burden for them thanks to...
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No more fresh meat promotions from Jumbo in the Netherlands
From 27 May Dutch retailer Jumbo will stop its price promotions on fresh beef, pork and chicken in all stores and online. Jumbo said the decision is in line with...
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Protector Future Summit: AI is developing exponentially, for which the human brain is simply not prepared
Renowned and recognized domestic thinkers discussed two extremely current and hot topics during the spring event of the Protechtor Future Summit series of inspirational events for business and tech leaders....
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Mogyi introduces new product to support healthy lifestyle
In Hungary the overconsumption of animal protein is common. Experts say that 50% protein intake should come from plants and another 50% from animal sources. This article is available for...
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Pensioners can buy more things with their money in the store than in 2016
According to KSH data, the average amount of the old-age pension rose to HUF 231,495 in March 2024. From this amount, the Pénzcentrum calculated how many pieces or kilograms of...
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Profession: Communication is key to retaining employees returning after childbirth
In Hungary, returning to the labor market after maternity leave was a challenge for the majority of the women involved, according to the Profession.hu survey. In many cases, employers do...
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Agroloop and Széchenyi István University cooperate in the research of insect-based solutions
Agroloop, the insect protein producer, and István Széchenyi University in Győr have entered into a joint statement of intent for the joint research and development of insect-based solutions, read the...
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Shein employees work for pennies, 75 hours a week
According to the latest investigation by the Swiss advocacy group Public Eye, Shein, the Chinese fast fashion giant, is still not keeping its promise to improve working conditions. At some...
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Asparagus exports increased both in quantity and value
According to KSH data, 5.0–6.7 thousand tons of asparagus were harvested from 1.2–1.5 thousand hectares in Hungary in recent years. According to experts, due to the sudden warming, asparagus picking...
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With the spread of health-conscious nutrition, the popularity of spinach is also increasing in our country
Due to its outstanding protein and mineral content, spinach is one of the vegetables with the highest nutritional value. According to the map of the National Chamber of Agriculture (NAK)...
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An online conference series on organic farming is starting
Biokontroll Hungária Nonprofit Kft. is launching an online conference series. The purpose of the information, consisting of three events, is to help processing plants, horticulture and livestock farms to effectively...
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The cooperation between Agroloop and István Széchenyi University can open new horizons in the insect market
Healthy pet food raw materials and organic soil improvement products produced from black soldier fly larvae have brought revolutionary new, sustainable solutions in many areas of domestic agriculture. Agroloop and...
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Billa Bulgaria grows double-digit
German Rewe Group’s Central European supermarket banner Billa can improve its market position in Bulgaria. For the current period the retailer wants to invest more than 60 million euros into...
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A record wheat harvest is expected
In the May forecast of the United States Department of Agriculture (USDA), the 2024/2025 wheat harvest was published for the first time global harvest expectations for the economic year, in...
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Germany unattractive as a business location
The Federal Association of the German Confectionery Industry (BDSI) has issued an urgent warning that the cost burden is increasingly becoming a location decision or even a question of existence...
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Nescafé Launches Recyclable Paper Refill Pack In Ireland
Nescafé has introduced to the Irish market its first paper refill pack for Nescafé Gold Blend, which can be easily recycled at home. The innovative paper refill pack reduces the...
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M&S: Stores with a human touch will be the future, says chair
M&S chairman Archie Norman has said that the upmarket retailer will not rely on self-checkouts in the future as they have a “robotic type of feel”. The supermarket boss...
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With the spread of health-conscious nutrition, the popularity of spinach is also increasing in our country
Due to its outstanding protein and mineral content, spinach is one of the vegetables with the highest nutritional value. According to the map of the National Chamber of Agriculture (NAK) and...
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Annual inflation in Romania fell to 5.9 percent in April
Annual inflation in Romania fell to 5.9 percent in April, the National Institute of Statistics (INS) announced on Tuesday. In March, the annual inflation rate was 6.6 percent. In April,...
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Hungary is an increasingly important player in the meat industry
In recent years, Central European agriculture has emerged as a pivotal player in the continent’s agrarian landscape, particularly in the fields of animal husbandry and feed production. The region is...
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The Food Bank collected 139 tons of durable food for the needy over the weekend
139 tons of food donations were collected for the needy during the weekend charity campaign of the Magyar Élélmiszerbank Egyesület, which took place in 213 Tesco, ALDI and Auchan stores...
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Consumer prices rose in China
In China, consumer prices increased by 0.3 percent annually, more than the 0.1 percent expected by analysts, marking the third consecutive month of increases. According to data released by the...
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Accessible products can be a real help for people with disabilities
According to the World Health Organisation (WHO), 30 million adults face visual challenges in Europe alone and 200 million people suffer from hearing loss. This article is available for reading...
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Why does the smell of freshly washed clothes make us feel better?
The desire for fragrances is not a new or modern phenomenon. For thousands of years, people have been changing their environment with various scents for many purposes (e.g. for health...
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In April, annual inflation accelerated to 2.9 percent in the Czech Republic
Annual inflation in the Czech Republic accelerated to 2.9 percent in April from 2 percent in March, the Czech Statistical Office announced on Monday in Prague. The increase in inflation...
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Randstad explores the relationship between AI and the world of work
In early February Randstad published the first details of its HR Trends 2024 research. The survey, which polled senior executives from more than 350 Hungarian companies in various sectors, also...
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For the second time, a well-known magazine awarded the innovation activity of the financial institution
For the second year in a row, in 2024, the K&H Group won the “Best Digital Bank in Hungary” award from the renowned British financial magazine Global Banking and Finance...
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