Market News
McDonald’s USA, Syngenta and Lopez Foods Collaborate to Help Produce Beef More Sustainably in the US
Syngenta, McDonald’s and Lopez Foods announce collaboration aimed at helping to reduce certain environmental impacts during beef production. McDonald’s USA, one of the largest fast food restaurant chains, Lopez Foods,...
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AM: the domestic seed sector is a national strategic issue
The domestic seed sector is a national strategic issue. High-quality domestic seeds and propagating materials fundamentally contribute to the long-term sustainability of domestic agricultural production – said Sándor Farkas, the...
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Lidl Parent Schwarz Group Partners With Google For Advanced Cybersecurity
Lidl and Kaufland parent Schwarz Group has announced a long-term partnership with Google to offer advanced cybersecurity solutions for its companies in Germany and Europe. The partnership will see the...
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LG presented laundry solutions equipped with artificial intelligence
LG Electronics (LG) presented its PROFESSIONAL LAUNDRY product line at the Texcare international trade show for laundry and textile care held in Frankfurt. The new product line, which prioritizes energy...
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Applications for organic farming support can be submitted soon
Producers who choose organic farming will receive greater benefits than ever before. A new program will be launched to support them within the framework of the Common Agricultural Policy Strategic...
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Protection against bird flu is ongoing
Bird flu is already present in nine counties in our country, said Minister of Agriculture István Nagy. He added that due to the spread of the epidemic, the national chief...
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The Christmas onslaught on the toy market is starting
The busiest period of the domestic game market begins: half of the annual turnover is realized in the weeks before Christmas. The rise of digitization is clearly demonstrated by the...
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The future of multi-use packaging – what should the commercial sector prepare for?
On April 24, 2024, the European Parliament issued a legislative resolution on the PPWR regulation (Packaging and Packaging Waste Regulation – Hungarian version here) on packaging and packaging waste, which...
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Hungarian Black Friday is 10 years old – from bargain hunting to conscious shopping
Black Friday in Hungary has changed a lot in 10 years: while initially it was characterized by huge sales and impulse purchases, today more conscious, planned shopping takes place. Instead...
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In the way of carbon awareness: SPAR compensates for its events by planting hundreds of indigenous fruit trees
This year, SPAR Hungary’s practice of striving for environmental awareness in corporate events continued: the store chain already organized two carbon-conscious events in 2024. SPAR compensates the carbon dioxide emissions...
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Lucky Safe prize game – a community activity from Hungarian Product Nonprofit Kft.
For the 14th time, Hungarian Product Nonprofit Kft. has launched its popular Lucky Safe prize game, with a grand prize up to HUF 1m. This article is available for reading...
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77,000 HUF: this is how much Hungarians plan to spend on Christmas presents this year
We prefer to meet our loved ones in person at Christmas, but we buy gifts more and more often online, for which we plan to spend about HUF six thousand...
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The anteroom of diabetes: obesity triples the risk of developing diabetes
While deaths related to diabetes and its complications are constantly increasing worldwide, type 2 diabetes and its precursors already affect approximately 1.5 million people in Hungary. Lifestyle factors and everyday...
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PPAs are veryimportant in ESG
Long-term energy purchase contracts, or PPAs, play an increasingly important role in companies’ sustainability and energy strategies, especially in the field of green transformation. However, in order for a company...
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This year’s harvest and sowing have come to an end
This year’s autumn harvest and sowing work has been completed, the soil was sufficiently moist for autumn sowing, and in the more or less sunny weather, autumn agricultural work could...
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Aldi opens new concept store in Belgium
Aldi has opened a new store in Braine-l’Alleud, near Brussels, marking the debut of its latest concept in the country. The town in Walloon Brabant was one of the last...
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The domestic seed sector is a national strategic issue
Domestic, high-quality seeds and propagation materials fundamentally contribute to the long-term sustainability of domestic agricultural production – said Sándor Farkas, Deputy Minister of Agriculture, at the opening of the 1st...
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Carrefour requires suppliers to disclose Nutri-Score
In France, all branded Carrefour suppliers will be required to state the Nutri-Score of their products on the retailer’s website and app. Those who refuse to do so will be...
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Potato export market revived
According to KSH data, the potato cultivation area and yield showed a decreasing trend in previous years, but in 2023 5 percent more potatoes (209.9 thousand tons) were produced than...
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Seven In Ten Younger Consumers Use Self-Checkouts Regularly In Germany
A new study by KPMG and the EHI Retail Institute has found that more than seven in ten (71%) younger consumers (aged 18 to 24) in Germany use self-checkouts regularly...
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Neglected national disease: every year we lose a small town’s worth of Hungarians to diabetes
In recent decades, diabetes has become a real public health problem, as today every eleventh adult in the world is affected. According to forecasts, this number will only increase: by...
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Grupo Bimbo Acquires Balkan Bakery Group Don Don
Mexico’s Grupo Bimbo, the world’s largest bakery company, has acquired Slovenian-based bakery group Don Don, which has a strong presence in the Balkans. Don Don will lead Grupo Bimbo’s expansion...
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Bird flu identified in Komárom-Esztergom County
The laboratory of the National Food Chain Safety Office (Nébih) has also detected the presence of the bird flu virus in Komárom-Esztergom County. The affected herd is being liquidated and...
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Agrometeorology: precipitation expected only in the middle of next week
The cereals sown in early October are developing nicely, but the soil has dried out during the later sowings and they are lagging behind in development, while precipitation is only...
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Sharp price competition and challenges in the Hungarian food industry
Serious price competition has developed on the Hungarian food market, as the decrease in turnover and changes in consumer habits put domestic producers in an increasingly difficult situation. Customers are...
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Hungarian customers want a stress-free Christmas: they shop online in advance and spend over HUF 100,000 on gifts
Hungarians plan to spend more than HUF 100,000 on Christmas presents this year. This is revealed by Alza’s October survey. As part of its own survey, the e-shop asked nearly...
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The rise in food prices has fallen, and no significant increase in prices is expected until the end of the year
In the past two years, consumers in Hungary experienced a sharp rise in food prices, but this year a significant slowdown in this process can be observed. Although the rise...
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KSH: industrial production fell by 7.2 percent in September
In September 2024, the volume of industrial production was 7.2 percent, or 5.4 percent after the working day effect, compared to a year earlier, the Central Statistical Office (KSH) confirmed...
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The majority of working young people expect a salary increase
Regarding the development of their own salary, the majority of working young people, 75 percent, expect a salary increase. Among them, only 21 percent expect a wage increase exceeding inflation,...
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Chain Bridge Club October exclusive: Even with high purchasing power, there are challenges: an up-close view of the Belgian market
Péter Szautner, managing director of FrieslandCampina gave an insight into the Belgian retail market, with a special focus on the dairy sector at the October meeting of the Chain Bridge...
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