Market News
ECJ allows the use of meat terms for substitute products
The European Court of Justice (ECJ) has ruled that EU Member States cannot generally ban the use of terms such as “steak” or “sausage” for plant-based products, provided the product’s...
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Lidl and Aldi push into city centers
German discounters advance into city centers. Lidl and Aldi launch standard format stores in former department stores. Existing small-area discount pilots abroad so far have not been rolled out at...
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Unilever sells Russia and Belarus operations to Arnest Group
Arnest Group is a local manufacturer of perfume, cosmetics and household products. Unilever has confirmed it has disposed of its Russian subsidiary and its associated operation in Belarus. In a short...
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Sheep and goat farmers will receive new help
The Ministry of Agriculture, in the form of a one-time non-refundable subsidy, provides the prevention of scrapie for sheep and goat farmers from a budget of HUF 65 million. At...
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KSH: in September, consumer prices increased by 3.0 percent on average compared to the same month of the previous year
In September, consumer prices were on average 3.0 percent higher than a year earlier. In one month, they decreased by an average of 0.1 percent, within which vehicle fuels became...
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PLMA 2024 Trade Show: ambitious manufacturers and retailers
Held at the end of May in the RAI Conference Centre in Amsterdam, the PLMA World of Private Label Show welcomed more than 28,000 professionals from over 125 countries, who...
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Delays and interruptions in parcel delivery: Christmas peak period in danger?
More and more problems are arising in the domestic package delivery market, due to which customers complain about the quality of the services, reports Pénzcentrum. In recent weeks, a number...
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Bucharest requires a license to import eggs and poultry meat from Ukraine
Romania will include eggs and poultry meat in the list of food industry products that can only be imported from Ukraine with an import permit, Agriculture Minister Florin Barbu announced...
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Hungary’s first refrigerated forest seed storage facility was handed over
On the one hand, forests are a solution to climate change, but on the other hand, they suffer its effects. Therefore, for the sake of successful afforestation, we need to...
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New artificial dyes have been added to the banned list
California Gov. Gavin Newsom has signed into law a bill banning the use of artificial colors in food served in the state’s schools by the end of 2027, making it...
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The Hungarian EU presidency shows the direction for the common agricultural policy after 2027
The aim of the Hungarian EU presidency is to show direction to the new European Commission in the form of council conclusions regarding the main directions of the common agricultural...
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Discipline must not be relaxed in the fight against African swine fever
Our country successfully defended itself against African swine fever: more than six years have passed since the appearance of the disease, and the pig sector has been protected from the...
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Valio spends EUR 70m to upgrade its domestic facility
Finnish dairy company Valio is investing around EUR 70m in modernising its Seinäjoki dairy plant, increasing capacity and improving operational and energy efficiency. Works are scheduled to last until 2026....
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Ahold Delhaize introduces new in-store audio retail media solution
The grocery company’s East Coast banners will give CPG partners the ability to create in-store audio ads and strategies through a partnership with Vibenomics. AD Retail Media announced Thursday it...
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The interests of Hungarian farmers come first in relation to Ukrainian agricultural products
The primary task of the Hungarian agricultural administration is to protect the interests of Hungarian farmers against Ukrainian agricultural products, which is why we will continue to maintain the import...
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Diageo trials spirit bottle refill station in Ireland
The trial of the integrated keg and bottle dispenser is taking place in select bars in Dublin city. Diageo is trialling a keg system for refiling spirit bottles in Ireland...
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Az előlegfizetési időszak november végéig tart
Thanks to the autumn works carried out in a timely manner, the sunflower harvest was completed by the first week of October, and the corn harvest is also nearing its...
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EU Olive Oil Supply To Swell As Spanish Crop Recovers From Drought
Olive oil supply in Europe is set to rise sharply in the year ahead as top producer Spain recovers from drought, though it was unclear if households hurt by record...
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It has been revealed how much money farmers can expect during the advance payment period of direct subsidies
The Ministry of Agriculture has published how much advance support farmers can expect in connection with the direct support related to the 2024 uniform applications. The advance payment period is...
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It is a good sign that the domestic retail turnover has increased significantly, especially in the eastern regions
In August, Hungarian customers spent HUF 70 billion more than a year earlier, leaving a total of HUF 1,668 billion in retail. The turnover of grocery stores increased the most,...
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AM: the basis of successful agriculture is a sustainable food industry
Agriculture has always had a strong culture in Hungary, and today successful agricultural countries can be those where the food industry is also successful – said Márton Nobilis at the...
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KSH and NGM concluded a strategic agreement
The KSH and the NGM concluded a strategic agreement in order to reduce data collection costs and data provider burdens, and to increase data integrity, and they also agreed on...
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A unique work was born from JYSK’s offer: a drawing by a young person with autism decorates the new table
This year, for the 16th time, the Autistic Art Foundation’s Charity Auction was held, where autism and art are intertwined year after year. At the auction on October 7, works...
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The spice industry is facing more and more challenges
As the effects of climate change become more and more felt, the cultivation of spices also faces serious challenges. Due to global warming and weather fluctuations, the production of herbs...
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Convenience stores are closing en masse: high costs and the absorbing effect of discounts
Last year, around 4,000 convenience stores closed in Hungary in the second half of the year alone, and the trend continues to show no signs of slowing down. Speaking to...
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Péter Novák is the new president of the Hungarian Advertising Association
The General Assembly of the Hungarian Advertising Association elected Péter Novák as the president of the association for the upcoming three-year term (October 2024 – October 2027). After 6 years,...
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Change of ownership at Csíki Sör
Slovakian Hungarian billionaire Oszkár Világi and his business partner Jan Sabol have acquired two of András Lénárd’s companies, and it seems that the Tiltott Csíki Beer production company may soon...
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Fight against fraud: it is no longer enough to automatically check all transactions
In addition to traditional transaction monitoring, more effective risk analysis plays an increasingly important role in the fight against financial crimes. It is no longer enough to automatically check transactions...
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Water retention in agricultural fields
The most important incentive for farmers is to get to know examples that work in their own environment, followed only by support opportunities – stated Zsolt Feldman, the State Secretary...
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At home, 13 out of 100 cards are Revolut?
Revolut neobank is becoming an increasingly important player in Hungary, where it now serves 1.5 million customers. This number represents 13% of the domestic bank card market, which clearly shows...
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