Market News

Meat, eggs and milk essential source of nutrients especially for most vulnerable groups, new FAO report says

Meat, eggs and milk offer crucial sources of much-needed nutrients which cannot easily be obtained from plant-based foods, a new report issued today by the Food and Agriculture Organization of...

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EY: Businesses around the world expect more and more tax audits

The majority of those surveyed (51%) expect more and more intensive investigations by tax authorities in the coming period, and based on their expectations (53%) the offices will pay special...

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Four Premio Sooós Pasta products have been awarded gold status

Among Soós Tészta Kft.’s 8-egg dry pastas, four Premio products have received recognition as a guarantee of high quality. Premio Soós Tészta’s 200 g dry pasta with 8-egg puffed noodles,...

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Uniform but unique

Dina Meindl, managing director of membership services at Shop Association introduced the revamped central website, the Shop! Central platform and the Let’s Talk Shop! video roundtable discussion series. Building on...

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Wizz Air is investing in the production of biofuel

Wizz Air is investing 5 million pounds (more than HUF 2.1 billion) in the production of biofuel, from which it can meet the needs of its bases operating in the...

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Price wave hits toilet papers too

Innovations catered to consumer needs Value sales of toilet paper grew by 36% from 2021 to 2022, but volume sales were down 4 %. While moist toilet tissue sales increased...

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Focus group research: there is no deep recession yet, the market is just “reorganizing” itself

According to experts, the construction industry, which was “diluted” due to the decrease in the desire to invest, is now returning to normality, according to Wavin’s recent focus group research....

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ProVeg welcomes Aldi Süd’s commitment to plant-based products

ProVeg, an organisation promoting the use of plant-based products over animal-based alternatives, has welcomed Aldi Süd’s plan to expand its plant-based product selection in German stores to 1,000 products by the...

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Which aluminum cans can be recycled?

The answer is simple: all of them! A more livable and cleaner environment is our common interest. Their return and subsequent recycling means less energy consumption and, consequently, less environmental...

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A Hungarian company also won the EBRD’s entrepreneurial tender

A Hungarian company also won the competition of the European Bank for Reconstruction and Development (EBRD), Smapp Lab together with two foreign companies received the main prize of the competition...

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The Conference Board’s American consumer confidence index weakened

Instead of the expected stagnation, the American consumer confidence index of the American economic research institute Conference Board worsened in April. The Conference Board said on Tuesday that the indicator...

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There is a huge potential in local products

The government considers the work of domestic producers to be important, so we will do everything we can to ensure that as much domestic food as possible is used in...

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The agrarian chambers of the Visegrad countries protest against the duty-free import of Ukrainian grain

The agrarian chambers of the four Visegrad countries call on the European Commission to stop the duty-free import of Ukrainian grain into the European Union, Jan Dolezal, the president of...

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The Agricultural Marketing Center promotes Hungarian food products in Singapore

For the eighth year, the Agricultural Marketing Center is organizing a community appearance at one of the most important food and beverage exhibitions in the Southeast Asian (ASEAN) region, Singapore’s...

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A virtual glimpse into the office and community of Profession.hu

As the most visited job portal in Hungary, Profession.hu is constantly researching the most effective way of publishing job advertisements, both in terms of content and language. The company’s experts...

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Billionaire Daniel Kretinsky makes bid for Casino

Czech nvestor Daniel Kretinsky wants to take control of the struggling French retail group Casino with a capital increase. However, the retailer itself is in talks with Intermarché about a...

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A man has been charged for dumping more than a ton of fish carcasses on farmland

The Berettyóújfalu District Prosecutor’s Office has charged a man with the crime of violating the waste management regulations against a man who dumped the dead fish carcasses in the fishpond...

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People now spend more time on TikTok than any other social app

Meltwater and We Are Social look at social media monthly usage trends worldwide among Android users aged 16 to 64. According to their data presented by the Atlas VPN team,...

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New winners in the tender for the support of small agricultural enterprises

The Ministry of Agriculture has recently decided on another HUF 8 billion subsidy for small agricultural enterprises. With the current decision, we have already awarded more than HUF 80 billion...

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ALDI to install new meat refrigerators

This article is available for reading in Trade magazin 2023/5 ALDI is going to install new meat refrigerators in all of its Hungarian stores. The new modern upright freezers have...

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PET Cup and Diageo continue their CALL-Action programme despite the war

About 3 million tonnes of waste accumulated in Ukraine’s Kárpátalja region, due to a lack of waste management systems. This waste pollutes the river Tisza and its tributaries very much...

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Hungarian National Trade Associationalso made a statement

The Hungarian National Trade Association opines that the mandatory promotions can’t solve the problems. In contrast to price caps, these promotions represent a huge administrative burden for stores and distort...

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Small Retailers Struggle as Mandatory Discounts Benefit Large Supermarkets

As the cost of living continues to increase, consumers are keeping a closer eye on their spending habits, particularly when it comes to food. This has led to a fierce...

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GKI’s economic sentiment index fell in April ater five months of growth

In April, business expectations fell back to their level at the beginning of 2023, and the consumer confidence index also declined slightly. According to a survey conducted by GKI Economic...

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IKEA plans to remove dairy products from stores to meet climate goals

IKEA wants to “remove or replace” dairy products in its stores to reduce its carbon footprint. The Swedish company has recently published its 2022 sustainability report, which studied ways in...

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FruitVeb: there is currently no threat of a drought in the country

There is no threat of drought in the country for the time being, only the soil surface is dry in some areas of the south-eastern part of the country –...

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Balázs Hankó: the results achieved show that Hungarians are innovative

Hungarians are innovative, this is also shown by the results, for example the fact that the number of researchers and developers has doubled since 2010, which is the best result...

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Walmart eliminating single-use bags in more states

Walmart is expanding sustainable choices, helping reduce waste and introducing new circular business models. In celebration of Earth Week, the retail giant detailed some of its customer initiatives to advance...

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Zalando launches AI fashion assistant

Fashion platform Zalando is going to launch a fashion assistant powered by ChatGPT on the website and app. It will start with a beta version, which will be available to...

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Mondelēz Expands CoLab Programme To Focus On Food Technology

Confectionery and snacking giant Mondelēz International has announced that it is now accepting applications for CoLab Tech, an accelerator programme aimed at helping start-up companies address challenges in food technology...

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