Market News
Monster Energy rolls out alcoholic ice tea
In January Monster Energy launched a range of hard ice tea products called Nasty Beast. The products contain 6% alcohol and are available in three flavours. Nasty Beast follows the...
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What makes a successful Christmas television ad?
Trade magazin launched the first Christmas TV ad competition last December. The submitted commercials were voted on by the public between 5 and 20 December. Lidl’s ad was voted the...
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Our country supports Chad’s agriculture with seeds
It would help Chad’s agriculture and stability with an agricultural consulting program, a model farm, and higher education collaborations – declared Minister István Nagy, who held talks with Minister of...
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PepsiCo Marks 50 Years In Ireland With ‘50for50’ Campaign
PepsiCo is celebrating 50 years in Ireland with is ‘50for50’ campaign, which will see employees support their local community with 50 good deeds during the year. The drinks and snacks...
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Younger Consumers Choose Sustainable Packaging, Study Finds
More than half (54%) of consumers aged between 18 and 34 said that they choose products with sustainable packaging ‘always’ or ‘often’, a new study from ALPLA has found. This...
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The model farm in Kenya, built with the financing of the Ministry of Agriculture, was handed over
The model farm in Kenya funded by the Ministry of Agriculture will help strengthen food security in Africa, Minister István Nagy said at the project’s presentation on Friday. During the...
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dm tests filling stations in Germany
Nuts, lentils, spelt pasta, muesli or coffee: in 15 selected dm stores in Hessen, North Rhine-Westphalia and Lower Saxony, customers have the opportunity under a recent dmBio pilot project to...
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The EU proposes a revision of the common agricultural policy to support EU farmers
The European Commission proposes a targeted revision of certain conditions of the regulation on the strategic plans of the common agricultural policy (CAP) in order to ease the administrative burden...
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Research: we fear bad Easter ham
For Hungarians, Easter is still considered a holiday celebrated at home, with family, of which traditional foods, such as Easter ham, are an essential part. The representative research commissioned by...
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European Commission: cosmetics lead the list of dangerous non-food products
According to the 2023 report of the EU rapid alert system for non-food products, cosmetics were the most common type of product posing a health risk, the European Commission announced...
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The European Court of Justice can decide whether the shops passed the price cap
Spar filed a complaint with the European Union regarding the Hungarian government’s retail measures. According to the Netherlands-based company, the special retail tax and the price cap contradict the EU...
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How to find the best Hungarian brands? The MagyarBrands Programme will help you!
The MagyarBrands Programme has been assessing Hungarian brands for fourteen years. Its logo is a trademark that marks only the best Hungarian brands. This article is available for reading in...
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Bottles with a deposit? There is still a lot of packaging waste in the food industry
With the appearance of the first deposit-fee bottles, the transition period started, which lasts until the end of summer, when the same product is even available in two different packages....
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The Croatian government limits the prices of 30 basic foods
At its meeting on Thursday, the Croatian government adopted its sixth comprehensive package of measures developed to alleviate the crisis caused by the rise in living costs, with which it...
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EXIM: the momentum of the Gábor Baross Loan Program is unbroken
The momentum of the Gábor Baross Loan Program is unbroken, in just two months, Hungarian businesses signed loan agreements worth more than HUF 139 billion, the 200 billion HUF surplus...
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Foodwatch questions the healthiness of plant-based meat substitutes
A „Veganuary” alkalmából a Foodwatch fogyasztóvédelmi szervezet 15 tisztán növényi alapú húshelyettesítő terméket vett górcső alá. Az eredmény: e termékek egészségessége meglehetősen ellentmondásos. This article is available for reading in Trade...
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Our agricultural cooperation with Uganda can be further strengthened
The conclusion of an agricultural cooperation agreement can further strengthen our country’s agricultural relations with Uganda and pave the way for investors in the African country, said Minister István Nagy,...
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Banana cultivation faces global challenges
The World Banana Forum (WBF), the global forum of the United Nations (UN) dealing with banana production and sales, met in Rome this week. The purpose of the forum was...
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NAV: the rules for sales must also be observed on the marketplaces of social networking sites
A man sold gold jewelry owned by his father’s company without an invoice or receipt on social media platforms; following an inspection by the National Tax and Customs Administration (NAV),...
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EU agency: climate risks require urgent action
The climate risks experienced in Europe require urgent action, as prolonged droughts pose a significant threat to crop production, food security and drinking water supply, the European Environmental Protection Agency...
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Even stricter rules apply to the import of Ukrainian honey, eggs and poultry
The European Parliament tightened the import of agricultural products from Ukraine, extending the restrictions to poultry, sugar, eggs, as well as cereals and honey. The purpose of the decision is...
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Farmers can give their comments to the European Commission until April 8
The Ministry of Agriculture is fighting with all possible means in Brussels to simplify the EU rules of the Common Agricultural Policy. Now it’s the farmers’ turn to directly indicate to...
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Agrometeorology: there is a chance for a cold wave and night frosts next week as well
The vegetation that developed 3-4 weeks before the usual time survived last week’s cold wave without any serious frosts, but the cold air masses of arctic origin are not far...
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Target to launch paid membership program to rival Amazon Prime, Walmart+
Target Circle 360 will cost $99 a year and comes as the retailer plans 300 new stores in the coming decade. Target on April 7 plans to debut Target Circle...
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Bimbo, PepsiCo make most ethical companies list
The Ethisphere Institute has named Grupo Bimbo de CV, Ingredion and PepsiCo as 3 of the 136 companies in 2024 to excel in ethical business practices. Since 2007, Ethisphere has...
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Gen Z Consumers ‘Behave Like Boomers’ When Grocery Shopping: Study
Some 59% of Generation Z consumers prefer to shop for groceries in-store rather than online, a similar percentage to those in the Baby Boomer generation, a new study by Clear...
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Let’s keep water in the landscape! NAK is conducting a survey among more than ten thousand farmers operating in low-lying areas
The network of village farmers of the National Chamber of Agriculture conducts a national water demand survey in March. The aim of the survey to be carried out on behalf of...
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Are there really many chemicals in Hungarian food?
Consumers have always demanded cheap, high-quality and preferably chemical-free vegetables and fruits. However, this is often a challenge for agribusiness actors: creating a balance between increasing production efficiency, keeping prices...
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Our country’s agricultural relations with Kenya continue to strengthen
Africa can be the world’s largest global food producer, and our country must take advantage of its potential, said István Nagy, Minister of Agriculture, who met with Mithika Linturi, Kenya’s...
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KSH: industrial production decreased by 3.6 percent
In January 2024, the volume of industrial production was 3.6 percent lower than a year earlier. Adjusted for the working day effect, production fell by 4.1 percent, the Central Statistics...
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