Market News

The government provides all resources to eradicate the foot-and-mouth disease virus

The government provides all human and financial resources to eradicate the foot-and-mouth disease virus; nothing can jeopardize the safe food supply – said the Minister of Agriculture in a video...

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Délifrance acquisition makes Vandemoortele market leader

Belgian Vandemoortele has acquired French bakery group Délifrance to form Europe’s (according to some even the world’s) largest producer of frozen bakery products. Global ambitions Vandemoortele’s second acquisition in a...

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National monitoring network helps farmers in effective pest control

The national monitoring network of the National Chamber of Agriculture has been expanded with new points. Weekly trapping data helps farmers to carry out the necessary plant protection treatments in...

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Kosovo’s Viva Fresh Store Acquires SPAR Albania

Kosovo’s largest retail chain, Viva Fresh Store, has acquired SPAR Albania from local investment group Balfin for an undisclosed amount, reported Albanian portal Monitor. After securing exclusive franchise rights and...

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Nébih: measures due to the foot-and-mouth disease epidemic have been amended and supplemented

In order to curb the foot-and-mouth disease (FMD) epidemic, the national chief veterinarian will introduce new measures from March 30 and modify existing ones: among other things, the organization of...

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US Food and Drug Administration’s vaccine director resigns

The director of the U.S. Food and Drug Administration’s (FDA) Center for Biological Evaluation and Research, responsible for vaccines, is resigning, citing the inability to work with the new health...

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Aldi to Shut Down Its Online Store in September

Aldi is withdrawing from the online business and will shut down its online store at the end of September 2024. This marks the end of a joint project between Aldi...

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Egg crisis in the USA: not only the bunny is looking for eggs before Easter, but also the government

In the United States, egg prices have skyrocketed in recent months, thanks to the bird flu epidemic and the resulting supply shock. Wholesale prices have sometimes reached $8 (about 3,000...

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Constant own-brand growth at METRO

Already 5 countries with sales share of more than 30%. METRO’s strategic focus on own brands is having an increasingly clear effect and has continued at the beginning of the...

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Ministry of Agriculture: Damage mitigation support arrives, helps with spring work

By the end of March, more than 10,000 farmers will receive approximately 30 billion forints in agricultural damage mitigation benefits following the damage events that occurred last year. The area...

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NGM: 2025 is the year of breakthrough, catching up will not be stopped

According to Eurostat data published on Thursday, in 2024, Hungary’s GDP per capita measured at purchasing power parity was 77 percent of the EU average, ahead of Slovakia, Latvia, Greece...

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EY: Hungarian companies are already being attacked with artificial intelligence

Artificial intelligence (AI) has become a common tool for corporate fraud in Hungary, according to a survey conducted by EY with 50 Hungarian compliance and security leaders. According to experts,...

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PICK attacks on the salami front: the campaign for Generation Z educates and entertains

PICK Winter Salami has been an indispensable part of Hungarian tables for more than a century and a half, but the brand has now turned to a target group that...

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Continuous monitoring of compliance with margin reduction

The goal is to keep food cheap for a long time, which is why consumer protection inspectors are constantly checking compliance with the margin reduction, said the head of the...

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The Hungarian Village program is expanding with the support of small town shops and pubs and two additional elements

The government has decided to expand the Hungarian Village program with four elements – support for small-town shops and pubs, as well as a program for church renovation and the...

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The communications industry finally started growing in real terms in 2024

The 2024 MRSZ Media Cake is HUF 384.4 billion, the MRSZ Communication Cake is HUF 715 billion. The industry’s performance, having come off the roller coaster of the previous period,...

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Gergely Gulyás: Foot-and-mouth disease may have arrived in Levél from Slovakia

Based on the current data, it seems obvious that foot-and-mouth disease arrived in the infected herd of Levél settlement in Győr-Moson-Sopron county from Slovakia – the minister leading the Prime...

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ÖRT-NKFH workshop: focus on ethical advertising and cooperation with authorities

The Self-Regulatory Advertising Board (ÖRT) and the National Trade and Consumer Protection Authority (NKFH) held a joint online workshop, for which more than 90 participants registered. One of the highlights...

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IWG survey: benefits of hybrid working

According to a recent study by the International Workplace Group, hybrid working offers many benefits for both employees and employers. 36% of employees take less sick leave thanks to the...

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NIÜ: applications are open again for the call to support the innovation capacity of SMEs

Applications are now open for the GINOP Plusz call for proposals to support the innovation capacity of small and medium-sized enterprises (SMEs), which is co-financed by the European Union, the...

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Anikó Raisz: in addition to the sustainability of agricultural areas, it is also important to manage the situation caused by periods of water shortage

The sustainability of agricultural areas is important for all of us, but it is at least as important to be able to manage the situation during periods of water shortage,...

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Agrometeorology: Soil recharge continues

The lack of precipitation has decreased in the past week, soil recharge will continue for a few more days, and then a drier period will begin – wrote HungaroMet Zrt....

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István Nagy: the government is providing all resources to eradicate the foot-and-mouth disease virus

The government is providing all human and financial resources to eradicate the foot-and-mouth disease virus; nothing can jeopardize the safe food supply – the Minister of Agriculture said in a...

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Nébih tests confirm presence of foot-and-mouth disease in another farm

The laboratory of the National Food Chain Safety Office (Nébih) confirmed the presence of foot-and-mouth disease (FMD) in a dairy cattle herd in the settlement of Levél in Győr-Moson-Sopron County....

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Action profit grows 29 %, announces Croatia and Slovenia expansion

Dutch non-food discounter Action has managed to raise its operational profit by 29 % last year, while sales went up 22 %. The chain wants to maintain its growth rate...

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Double-digit online growth in Romania continues

Online spending in Romania reached 11.7 billion euros last year with 7.7 billion euros spent on products. This was an increase of 10 percent. Growth remains strong and is expected...

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Significant help for farmers, damage mitigation support is coming

By the end of March, more than 10 thousand farmers will receive approximately 30 billion forints in agricultural damage mitigation benefits following the damage events that occurred last year. The...

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The GKI business climate index stagnated in March

According to a survey conducted by GKI Economic Research Co. – with support from the EU – there was no meaningful change in consumer or business expectations in March compared...

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GKI analysis: margin cap – a lifeline for customers, a shackle for the market

Based on the announcement of Minister Márton Nagy, in March 2025 the Hungarian government introduced a new measure, a margin freeze, on certain basic foodstuffs with the aim of curbing...

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The European Commission recommends that EU citizens build up an emergency reserve

The European Commission says the current threats to the European Union require constant preparedness, and the EU executive is therefore recommending that citizens stockpile at home an emergency stockpile of...

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