Market News
Nissin puts breakfast (and noodles) in a cup
For many people, the most essential cup at breakfast time is that first mug of coffee. Noodle giant Nissin Foods USA is hoping to change that with its Cup Noodles...
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NAV confiscated cigarettes without a license plate, fake perfume and puppies
The staff of the National Tax and Customs Administration (NAV) seized unlicensed cigarettes, fake perfume and stray puppies on the M7 motorway in a coordinated operation. According to NAV’s announcement...
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Spain’s Eroski rolls out private label for vegan products
Spanish supermarket chain Eroski has put a new range of private label vegan products on the market, as it aims to promote a healthier and more sustainable diet. The Eroski Veggie organic...
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Meat consumption in Germany at an all-time low
Germans have not eaten so little meat for decades, at least according to the preliminary data of the Federal Centre for Agricultural Information (BZL). Per capita meat consumption of 52...
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The Ministry of Agriculture is already working on a bill aimed at abolishing the land tax
The Ministry of Agriculture is already working on a bill aimed at abolishing the land tax, which farmers’ organizations asked the government to implement after Péter Márki-Zay, the former candidate...
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No shortage of eggs is expected at Easter
High-quality Hungarian eggs are also available to customers during the Easter period – the National Chamber of Agrarian Economy draws attention. The average annual egg consumption is 236 eggs per...
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K&H is starting to reduce its carbon footprint on its own
The European Commission is taking draconian measures to curb air pollution caused by internal combustion engines. And the European Parliament recently decided that after 2035 no more new cars equipped...
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WHC Group: companies are in dire straits, there is a deadly fight for labor in many areas
Despite the recent slowdown in the economy’s performance, the trend typical of recent years continues on the Hungarian labor market: many areas, especially the industrial production sector, are suffering from...
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The latest issue of Trade magazine has been published!
Take a look at the latest issue of Trade magazine, 2023/4. issue, we deal with really interesting topics. We have once again provided a guide to this year’s festival season,...
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Alpár Gyopáros: the government supports village convenience stores with eight billion HUF
The government will provide 8 billion HUF operating support to businesses operating 2,806 small village shops in the Hungarian village program, the government commissioner responsible for the development of modern...
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Hungary’s leading hygiene paper company, Vajda-Papír, will become carbon neutral by 2050
By 2030, Vajda-Papír will increase the use of renewable energy by 50% and reduce its water consumption by 20%. Over the past 10 years, Vajda-Papír Kft. has spent HUF 40...
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The Hungarian M&A market is at its peak for more than 10 years – EY analysis
Last year, the Hungarian transaction market experienced the most active period of the past 12 years – according to the recent report of EY evaluating corporate mergers and acquisitions (M&A)....
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The EIB committed EUR 804 million to support investments in Hungary in 2022
The bank of the European Union, the European Investment Bank (EIB) and the European Investment Fund (EBA) signed new financing in the amount of 804 million euros (314.6 billion forints)...
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MLBKT: the March purchasing manager index indicates slower growth
The seasonally adjusted March value of the purchasing manager index (BMI) fell to 55.3 points from 56.3 in February, according to which the respondents reported slower expansion processes compared to...
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Preservation of the gene stock of indigenous breeds is a priority state task
Preserving the gene pool of indigenous plant and animal breeds and maintaining genetic resources is a priority state task – said the Minister of Agriculture on Monday in Budapest, at...
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The Japanese market is extremely important for Hungarian agriculture
Our country’s goal is to further stimulate the agricultural relations between Hungary and Japan, stated Minister of Agriculture István Nagy after receiving Japanese Ambassador Masato Otaka in his office. The...
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Kaufland.cz To Launch In Czechia In April
Following a successful launch in Slovakia, Kaufland has announced it will go live with its Kaufland.cz e-commerce platform in the Czech Republic on April 12. The new platform is operated by...
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Barilla expands chickpea pasta line
Barilla is expanding its single-ingredient chickpea pasta portfolio with the launch of orzo. Orzo is a short cut pasta that may be used for hot or cold applications. The company...
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Csongrád-Csanád county has been hit again by bird flu
Nébih confirmed the presence of the bird flu virus in a mallard duck colony in Csongrád-Csanád county. The herd is being killed, and the animal health authority has also designated...
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Cross-border ecommerce worth 179 billion euros
Cross-border ecommerce in Europe was worth 179.4 billion euros in 2022. This is an increase of 4.8 percent compared to a year earlier. In total, European online stores achieved a...
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Almond dark chocolate is being recalled due to an aflatoxin content above six
The Cachet brand almond dark chocolate made with 72 percent cocoa is being recalled due to an aflatoxin content above the limit value, the National Food Chain Safety Office (Nébih)...
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This year, the Pannónia Distillery Competition was held in Sormás for the fifth time
The specialty of real pálinka is the Hungarian pálinka culture that goes back to its old roots, compliance with strict legal requirements, exceptional quality raw materials and the great knowledge...
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National Trade Association: starting from Saturday, stores may crowded
Customers are more careful, they did not bring their Easter shopping as far in advance as before, so especially busy days can be expected in the stores from Saturday, the...
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Lamb will be more expensive during the Easter period
Due to the limited supply, the purchase price of lamb may increase to a lesser extent during the Easter period – the Sheep Product Council informed MTI on Thursday. The...
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The European Parliament approved the revised EU food product safety rules
The European Parliament has approved the revised EU product safety rules for non-food consumer goods, the Hungarian Liaison Office of the European Parliament told MTI. In the announcement, it was...
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Viktor Orbán spoke about the future of the price cap
In the case of foodstuffs, as inflation comes down, the price caps that still exist will be removed – the Prime Minister said on Kossuth Rádió Good morning, Hungary! in...
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In March, inflation in the Eurozone eased on an annual basis
Inflation in the euro area decreased to a greater extent than expected on an annual basis in March, moving further away from the record level in October, the statistical office...
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Will strawberries be a luxury in stores and markets? Aldi, Lidl and Spar are coming up with special offers
The shops were not in a hurry to sell strawberries this year, although the season starts earlier every year. Imported strawberries typically appear on the markets around the 12th week,...
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In March, inflation in Italy slowed down more than expected
In Italy, instead of the 8.2 percent expected by analysts, consumer prices rose by 7.7 percent year-on-year in March, after a 9.1 percent increase in February, the Italian statistics office,...
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KSH: The volume of exports of food, beverages and tobacco was 7.4 percent lower in January
In January of this year, the export volume was 9.0 percent, and the import volume was 11 percent higher than in the same period of the previous year. The liabilities...
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