Market News

An extraordinary result in the defense against ASP: restrictions are eased

The size of the African swine fever (ASP) risk areas in Hungary decreased significantly, which made it possible to ease the epidemiological restrictions. This extraordinary result also proves that the measures...

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Lidl GB To Incorporate ‘Prevented Ocean Plastic’ Into Its Water Bottles

Lidl GB has announced that it is the first UK supermarket to incorporate ‘Prevented Ocean Plastic’ into its water bottles. Prevented Ocean Plastic packaging, supplied and developed in conjunction with...

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Producer cooperation in wine production

The wine industry can only be successful in the long term with cooperation and integration, Minister of Agriculture István Nagy declared on Friday at the Győr-Moson-Sopron County Wine Competition and...

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Government policy: let’s improve the situation of domestic innovation in the food industry

According to the latest report by the Food and Agriculture Organisation of the United Nations (FAO), nearly 800 million people suffer from hunger on a daily basis, and more than...

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More and more people are asking for a salary increase due to inflation, but almost a quarter of companies are considering downsizing

In about half of Hungarian companies, employees demand extraordinary wage increases, however, in the current situation, many companies are already having trouble avoiding layoffs, according to Intrum’s European Pay Report....

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Auchan Go – a new dimension of retail

Auchan Retail Poland has launched the first fully autonomous store within its innovative Auchan GO concept. Located in Warsaw, the new cashier-free store is open 24/7 and allows customers to...

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Travel and diet: how to eat smartly during your vacation

Last-minute shopping, traveling companions arguing with each other and constantly changing schedules – no matter how much the vacation is supposed to be about relaxation, let’s face it, a lot...

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The renewed market hall in Békéscsaba was handed over

How can you open up more space for domestic foods? – the most obvious answer to this question is development, market renovation and construction. We need 21st-century fairgrounds where producers...

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The Eurojackpot campaign created for Lounge Group Szerencsejáték Zrt. won silver at the international WINA Awar

The WINA (World Independent Advertising Awards) was created in 2016 with the aim of allowing the works of independent, multinational agencies and networks from all five continents to compete with...

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Carlsberg reaches agreement with German Federal Cartel Office

Carlsberg has settled a legal case that has been going on for 11 years, so that the brewing company can focus on its core business. The legal case was part...

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FAO and partner agencies tasked with leading $115 million Clean and Healthy Oceans Program

 Az ENSZ Élelmezésügyi és Mezőgazdasági Szervezete (FAO) négy partnerszervezettel együtt valósíthatják meg a „Tiszta és egészséges óceánok integrált programot”. A kezdeményezés mintegy 115 millió dollár támogatást csatornáz az érintett területekre,...

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According to 40% of young people, artificial intelligence would help them in their work

12% of employees have already used artificial intelligence for some purpose, experimentation is more common among young people, those with higher education and those living in Budapest. According to most...

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Cutting-edge technology in Indonesian cocoa production

Indonesia is the world’s third biggest cocoa producer, but the sector is struggling with many problems – some of which could be solved with the help of AI technology. This...

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Good brandy requires dedication

For years, we have increasingly noticed that the quality of brandies is also increasing, which is very important feedback for us – stated dr. Olga Beáta Felkai, Deputy State Secretary...

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Agricultural startups can cooperate with large companies in solving sector challenges

Agriculture is under pressure, in which startups can play a prominent role. The NAK TechLab large-company startup program, which is being held for the fifth time, is meant to remedy...

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Austro-Hungarian agricultural relations must be further strengthened

The cooperation between Hungary and Austria regarding agricultural digitization, plant breeding and agricultural damage mitigation practices needs to be further strengthened – stated Minister István Nagy, who held talks with...

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Kellogg harvests better-for-you Pringles

The company debuted Pringles Harvest Blends, which include blended multigrain and sweet potato ingredients — a first for the snack brand. The Pringles are available in four flavors, two of which...

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“Perceived” inflation significantly higher in Germany

Consumers in Germany perceive inflation to be three times higher than the actual rate. This has an impact on willingness to buy, as a recent study by Allianz Trade shows....

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Colruyt Looks To The ‘Store Of The Future’

Belgian retailer Colruyt has announced it is testing a new technology to ensure that shelves remain optimally stocked, while also measuring how many customers enter the store and how busy...

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AM State Secretary: the Ministry of Agriculture provides assistance to fish farmers

The government will provide HUF 3.1 billion in support to Hungarian fish producers until the end of this year – the Deputy State Secretary of the Ministry of Agriculture (AM)...

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The currently known rules of the extended producer responsibility system would change significantly

On June 19, 2023, a proposal to amend the regulations of the extended producer responsibility system (EPR) was published on the website of the Ministry of Energy, which would fundamentally...

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GFM: the mandatory promotions work and have had an effect

In order to reduce the increased food prices, on June 1, 2023, mandatory sales in retail stores began; the measure works well and has had its effect, the store chains...

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Hungarians buy fewer baked goods

The majority of Hungarian bakeries escaped closure, however, due to the rising price of bread, the population buys less baked goods. According to the president of the Hungarian Bakers’ Association,...

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DigitalTech EDIH was launched to support the digital transition of SMEs

In Hungary, the newly launched DigitalTech EDIH provides free support to hundreds of small and medium-sized enterprises (SMEs) in solving their challenges related to cyber security, blockchain technology, fintech solutions,...

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Retail sales in Slovenia have been falling for the fourth consecutive month

In Slovenia, the decrease in retail sales continued in May, both monthly and year-on-year, the statistical office announced on Wednesday. The largest decline was measured in fuel retail. The decline...

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K&H Green Seeds – phacelia and fodder radish for a more sustainable agriculture

K&H wishes to contribute to biological diversity and the sustainability of crop farming with a new initiative: with every agricultural machinery lease contract signed, they give customers a 25kg bag...

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A new collaborator has joined Mol’s plastic waste utilization

Mol and Lummus Technology are cooperating in the chemical recycling of plastic waste, Mol told MTI on Tuesday. Mol justified the cooperation by fulfilling its strategic goals. According to the...

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On the basis of a Hungarian proposal, the marking of the origin of honey mixtures may become stricter at the EU level

In recent years, Minister of Agriculture István Nagy has urged the review of the EU directive on honey on several occasions in order to provide consumers with more accurate information...

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Dual education is the future of agricultural education

The creation of the Branch Training Center of the Kisaföldi Agricultural Vocational Training Center is a milestone both in the life of the schools and in terms of the development...

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Walmart Opens High-Tech Fulfillment Center Near Indianapolis

Walmart has announced the opening of a new 2.2 million square foot fulfilment centre, located 20 miles northeast of Indianapolis, in McCordsville. The space is Walmart’s largest fulfilment centre to...

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