Market News
NAV is expecting KATA-based enterprises
After the changes at the end of the summer, the kata can be on the table again, but this time on the control side. Lately, the tax authority has been...
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Hungarian company managers are more pessimistic this year, according to a survey
According to the announcement, a little more than half of the optimists expect a net sales increase of between 4 and 10 percent; in the IT sector, service centers and...
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Smurfit Kappa Invests In Green Energy At Spanish Paper Mill
Smurfit Kappa has announced a €6 million green energy investment at its Sanguesa paper mill in Spain. The investment will be used to construct and install up to 12,000 solar...
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Auchan Retail Portugal Launches Ecological Detergent Made From Cooking Oil
Auchan Retail Portugal has launched a range of eco-friendly detergents produced from used vegetable oil, as it seeks to achieve its goal of reducing waste and promoting a circular economy...
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7UP unveils fresh brand identity with new packaging design
PepsiCo soft drinks brand 7UP has unveiled a new packaging design to elevate its international positioning. The brand identity is being introduced with the expression ‘New Get Up, Same 7UP’,...
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The call for tenders to support butcher shops has opened
Butcher shops operating as micro-enterprises can apply for up to HUF 3.5 million thanks to a new call from the Ministry of Agriculture, Dr. Pál Márton Nobilis is the state...
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The Agricultural Marketing Center presents Hungarian food products in Dubai
The Agrármarketing Centrum (AMC) will present Hungarian food products at one of the world’s leading food trade fairs, which is open from Monday to Friday in Dubai, AMC told MTI...
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Germany’s new Supply Chain Due Diligence Act and its impact on Hungarian suppliers
As of 1 January 2023 a new Supply Chain Due Diligence Act came into effect in Germany, which requires companies to audit their suppliers according to a certain set of...
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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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Dávid Hollósi: The price increase may stop, but food will not become cheaper
Dávid Hollósi, the managing director of the agricultural and food industry business of MKB Bank and Takarékbank, revealed in a recent interview for Index that the rate of growth of...
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László Perlusz: thousands of businesses in retail have closed, tourism and hospitality are in a difficult situation
László Perlusz, the Secretary General of VOSZ, spoke about his entrepreneurial prospects in 2023 in an interview with InfoRádio. He is fundamentally optimistic, but considers it important that “it is...
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Competition Office: there is a difference between the content of “green” advertising messages and the consumer’s interpretation
In many cases, there is a difference between the real content of the sustainability advertising messages of Hungarian businesses and their consumer interpretation based on the rapid investigation of the...
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About HUF 340 million was spent on technological modernization at two sites of HFI Kft
HFI Kft., which mainly deals with vegetable processing and preservation, has modernized and expanded its capacity at two locations by purchasing equipment and building a hall for about HUF 340...
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A new type of cabbage is trendy now in Europe, the demand for it is huge
The new, pointy and purple type of cabbage referred to as “violetti” was created a few years ago by Dutch breeders by crossing the traditional pointed cabbage and a red...
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The French may also have a food price freeze
Sorry, this entry is only available in HU....
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KAP support conditions can be met for all farmers
In exchange for the subsidies, the rules of the new Common Agricultural Policy lay down more pronounced environmental and climate protection requirements compared to previous years, thereby encouraging agricultural practices...
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It has been revealed who became the agrarian of the year in 2022
István Papp, the owner and managing director of Hajdúhús 2000 Kft. in Debrecen, became the agriculturist of the year in 2022 – the organizer Agrotrend Group announced to MTI on...
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Continente Launches Vegan Alternative To Yoghurts
Portuguese supermarket chain Continente has launched a new product range, Vegegurtes, a new vegan alternative to yoghurts that forms part of the retailer’s ‘Powered by Plants’ offering. The new, 100%...
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A new whiskey superpower is being built in Europe
The number of distilleries producing whiskey in Germany has increased in the recent period. Today there are many more distilleries making spirits than in Scotland. After the Second World War,...
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Coop 365discount Urges Danish Government To Cut VAT On Fruit & Vegetables
Danish retailer Coop 365discount has urged the country’s Minister for Food, Agriculture and Fisheries, Jacob Jensen, to reduce VAT on fresh fruit and vegetables. The retail chain, which is part...
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Work, knowledge, openness – this is the key to success in agriculture
The future belongs to knowledge-based, professional agriculture, success requires the application of new technologies, openness and knowledge – stated Zsolt Feldman, the State Secretary responsible for agriculture and rural development...
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American producer prices rose more than expected in January
The American producer price index rose more than expected in January, according to the statistics institute of the Washington Department of Labor, the U.S. Based on Thursday’s report from the...
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Cadbury launches first non-HFSS range
Mondelēz has launched Cadbury’s first-ever range of non-high in fat, salt or sugar (non-HFSS) treats, Cadbury Dairy Milk Fruitier and Nuttier. The selection features ‘trail mix’ which includes raisins, sultanas,...
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The agriculture must work consistently in the next period
Farmers can still count on the Hungarian government in 2023, together we will take up the fight against the release of production costs and market uncertainties, said Minister of Agriculture...
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Survival strategies
This year’s subtitle of the conference series “My love for trade marketing” was “Survival strategies”. The participants searched for answers to the challenges caused by inflation and the crisis with...
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Onions may soon be in short supply
In almost all European countries, onions are significantly more expensive, and it seems that the sky is the limit for prices, yet common sense suggests that there will be a...
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The export of French wines and spirits broke a record last year
The export of French wines and spirits decreased slightly in volume last year, but in value it increased by 10.8 percent to a record 17.2 billion euros, despite the increase...
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Reducing GHG emissions related to animal husbandry is one of the biggest challenges
The organization called “Animal Task Force” published the latest research results on greenhouse gas emissions linked to the livestock industry in the framework of a series of conferences organized jointly...
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Walmart Pushes Back As Major Product Suppliers Ask For Higher Prices
Walmart is warning major packaged goods makers that it can no longer stomach their price hikes, pitching its own private-label products to shoppers as less-expensive alternatives to suppliers’ name-brand goods....
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Based on its price, Hungarian apples are in the middle range on the EU markets
According to the European Commission’s apple market analysis, Polish apples are once again the cheapest among the EU countries. According to data published by DG Agri on February 10, the...
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