Market News
The Government is introducing mandatory promotions
The war and the failed sanctions policy led to unprecedented inflation across Europe. The Government’s goal is to protect families, pensioners, and full employment even in an economic situation affected...
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Alexandra Szentkirályi: the government will oblige large food retail chains to announce promotions
In order to lower prices, the government will introduce a new tool from July 1 at the latest: it will oblige food retail chains with significant sales revenue to announce...
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The price caps will remain in place until June 30, and the price policies of the large food chains are being monitored
The government has extended the price caps until June 30 – announced the minister in charge of the Prime Minister’s Office on Thursday in Budapest, on the Government Information. Gergely...
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Here is the GVH’s report on the milk market: we show which factors fuel inflation
The Economic Competition Authority (GVH) released its draft report summarizing the results of the accelerated sectoral investigation on the market of milk and milk products for social consultation. GVH experts...
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K&H: SMEs are doing better now
The K&H SME confidence index continued to strengthen and may slowly reach the positive range, which after a 3-point increase in the first quarter is currently at -4 points. The...
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Role of e-commerce to strengthen in grocery retail this year
According to the experts of smart logistics service provider DODO, the proportion of online FMCG orders with home delivery will continue to grow this year. As the popularity of online...
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A fight, but not a windmill fight!
2022 was characterised by both dynamic growth and gradual restructuring in the market of carbonated soft drinks. András Palkó, marketing director of Coca-Cola HBC Magyarország: “In the first half of...
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EM: the condition of the waters must not only be preserved, but also improved
The goal of the Hungarian government is to preserve the natural heritage and rich water resources of the Carpathian Basin for future generations, the state of the waters must not...
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Denmark’s Dagrofa buys Jutland-based LIVA Stormarked
Danish retail chain Dagrofa has acquired Jutland-based supermarket business LIVA Stormarked. The LIVA Stormarked business has two stores in Kolding with a floor space of around 2,000m² each. From 1...
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British craft beer maker BrewDog expands in China
BrewDog has announced that it will start to brew its Punk IPA, Hazy Jane and Elvis Juice beers in China, through a joint venture with Budweiser China. The British craft...
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Gyermelyi Zrt handed over a new egg production facility
On Thursday, the company handed over an egg production unit created with an investment of 1.4 billion forints in Máriahalm, thus creating the largest egg production plant in the country....
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BDO: Domestic companies often do not enjoy a significant discount
Domestic companies could take advantage of a significant tax discount for their own investments, and in 2022 the range of beneficiaries was further expanded, yet many do not take advantage...
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The National Chamber of Agrarian Economy has prepared for the first application period of the new support system
The regulations of the new Common Agricultural Policy, which was launched in January this year, have changed significantly compared to the previous ones, and the National Chamber of Agriculture faces...
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e-GN has been expanded with new functions to help producers
Nébih expanded the electronic management diary (e-GN) with “Withdrawal” and “Listing” functions. The goal of the office is to make the most user-friendly system available to customers through continuous development....
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Brussels must act to ensure the onward delivery of Ukrainian grain
Our country is calling for the introduction of progressive EU transit support so that Ukrainian grain, which is stuck in Central and Eastern Europe and causes significant market difficulties, reaches...
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Belgium’s Colruyt Group Collaborates With BeeOdiversity
Belgian retailer Colruyt Group is placing beehives on its own farming land to map out the biodiversity in the environment and presence of pollutants. The health of the soil and...
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BrewDog re-launches Gold Can hunt with £5k cash prize
BrewDog has re-launched its Gold Can competition, with a £5,000 cash prize for customers that find limited edition gold-plated cans hidden in its packs of beer. The prizes have now...
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The submission of uniform applications for 2023 has started
The legislation required for the submission of uniform applications for the new support period of the Common Agricultural Policy has been published, so farmers can submit their applications without penalty...
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Today we celebrate Logistics Day
This year, April 20, i.e. today, is Logistics Day. The event in Germany already has a history of more than a decade and a half, and our country joined the...
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Croatian restaurant offers one pot menu cooked by robotic chef
A Croatian restaurant offers about 70 different one-pot meals prepared by a robotic chef. Its owners say they believe the BOTS&POTS Sci-Food bistro in Zagreb is the world’s only restaurant...
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We can maintain the import ban on Ukrainian agricultural products
During the negotiations with the officials of the European Commission, it was achieved that Hungary can continue to maintain the results and measures related to the ban on the import...
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Inflation eased in the euro area
In accordance with preliminary estimates, inflation in the euro area slowed down in March, the statistical office of the European Union announced on Wednesday. According to Eurostat’s final data, annual...
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The price of red onions has increased, last year it was HUF 135, this year it is HUF 400
In recent times, the price of red onions has significantly increased in Hungary, with an average cost of four hundred forints for the brown-skinned domestic variety, which represents a huge...
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A kind of America
According to the franchising website Global Franchise, the pandemic changed the daily lives of consumers. In the last two years many of them decided to live healthier and more comfortable...
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Tell me, who would you pick?
According to Márk Maczelka, head of communications with SPAR Magyarország, franchise has become more important since the pandemic, and businesses like to join a well-working and stable network such as...
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The EP adopted a proposal for a regulation to curb deforestation
The European Parliament’s plenary session in Strasbourg adopted a proposal for a regulation on Wednesday, according to which it will be possible to distribute in the European Union only products...
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Rains hamper sowing in Zala County
Spring sowing has begun in Zala county, but the rainy weather is hampering the work. So far, seeds have been sown on 2,500 hectares, while in the same period of...
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Brewing and beer consumption have also increased again in the Czech Republic
Czech breweries brewed 20.55 million hectoliters of beer last year, 950,000 hectoliters more than in 2021, the association of Czech breweries announced on Wednesday in Prague. The amount of beer...
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Spain may face a serious water shortage this year, which will also affect agriculture
Spain may face a serious water shortage this year, as the contents of water reservoirs have dropped to 50.7 percent of their capacity due to unusually dry weather, the Spanish...
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Italian Wine Sales And Exports Set New Record In 2022, Data Showed
Italian wine sales set a new record to reach nearly €14 billion in 2022, according to an analysis of data from Istat by the Italian farmers association, Coldiretti. It was...
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