Market News

Violife offers vegan alternatives with a diverse portfolio

In May Violife appears on the shelves of Hungarian stores with a wide range of plant-based, dairy-, gluten- and preservative-free products. This article is available for reading in Trade magazin...

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The payment of subsidies to butcher shops has started

The Ministry of Agriculture, which entrusted the Herman Ottó Institute with the payment of the subsidy, has started. The success of the tender announced in February is proven by the...

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Domestic companies are actively recruiting again for the third quarter

Sorry, this entry is only available in HU....

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We get upset if there are spelling mistakes on a webshop

It is more important for us to judge a webshop whether it has spelling mistakes than whether the return and refund option is clearly indicated – the data of Shoptet’s...

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K&H: There is a big gap between inflation and the financial expectations of SMEs

After the slight improvement in the previous quarter, businesses are again expecting a smaller increase in sales and profits: an average increase of 8 percent in revenue and 3.3 percent...

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Sustainability efforts can only be achieved through joint action

Sustainability is a horizontal issue, in connection with which all relevant actors must do their best to make effective progress – stressed Dr. Beáta Felkai, Deputy Secretary of State responsible...

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The shine of Michelin stars on the healthy product developed in Hungary

The International Taste Institute in Brussels recognized the Hungarian fiber drink with another Superior Taste Award, i.e. the grand prize for outstanding taste. The domestically developed activated FiberShake, which supports...

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Workplace productivity can drop by as much as 20% in good weather

Colleagues leaving sooner, postponed decisions, delayed projects and halved work force due to vacations. Familiar? It’s all a phenomenon that businesses face during the summer season, and many people accept...

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PepsiCo soon to complete EUR 127m investment project in Cork

According to IDA Ireland, PepsiCo is nearing completion with its EUR 127m investment project at its Little Island factory in Cork county. The initiative will create additional manufacturing capacity and...

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Young people keep the spirits up in the world’s most pessimistic country

Even in a global context, Hungarians see their own financial situation and the fate of the country’s economy the most pessimistically, according to the Hungarian data published for the first...

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Red berries: cooling, refreshing flavors for warm summer days

On this year’s Fruit and Vegetable Day, the focus is on red berries, which include many summer fruits: currants, raspberries, blueberries and blackberries, and their different types. Berries are generally...

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Ahold Delhaize reaches half a billion from ad revenue

Revenues from retail media are helping Ahold Delhaize keep prices low, CEO Frans Muller has revealed. The retailer has is “almost half-way” of its target of one billion euros in...

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Danone boss calls for higher taxes on unhealthy foods to tackle obesity crisis

The boss of Danone is calling on government ministers to introduce higher taxes on products that are high in fat, salt and sugar to help tackle the obesity crisis. According...

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Tender to support the joining of agricultural producers to the quality system

Between March 1, 2023 and August 31, 2023, agricultural producers can again apply for non-refundable support in connection with joining the European Union and national quality systems. Such a notified,...

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Turkey is a key player in dealing with problems caused by Ukrainian grain imports

Turkey is a key player in solving the market difficulties caused by Ukrainian grain imports, therefore our country requests the cooperation of Ankara in order to extend the Black Sea...

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(HU) GKI: A gyorsan emelkedő árakat elsősorban a gazdaságpolitika okozza

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KSH: Industrial production fell by 8.3 percent in April

In April 2023, the volume of industrial production was 8.3 percent lower than a year earlier; adjusted for the working day effect, production decreased by 5.8 percent – the Central...

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The majority of job seekers miss the salary offered most from the ads – industry overview of current salaries

In addition to employees, companies also need information on current salaries within the industry. This knowledge can significantly contribute to effective workforce management, as well as retaining existing colleagues and...

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The domestic commercial practice is fundamentally changing, the eReceipt is coming

With a single QR code, we can not only receive a receipt, but also request an invoice, present our loyalty card and redeem our coupons. These are just some of...

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Hungarian Tomato Day returns to Mórahalom in June

On 2 June, once again Mórahalom hosts the Hungarian Tomato Day. This article is available for reading in Trade magazin 2023/6-7. At the free trade event experts discuss the most...

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Glósz és Társa: intellectual asset management is becoming more important

Hungarian SMEs are starting to realize the importance of intellectual assets and the benefits of managing them well. This is especially important in the field of research and development, as...

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Kraft Heinz develops customisable sauce dispenser

Kraft Heinz Co. has developed a digital sauce dispenser, which consumers can use to create their own sauce combinations. The freestanding touchscreen-operated device allows users to choose from more than...

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Starbucks names over 3,500 “Greener Stores” globally

Starbucks has certified 3,508 of its eco-friendly Greener Stores worldwide, by this expanding the programme to 20 regions as part of its strategy to speed up progress towards what it...

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Sewage sludge can improve the condition of the soil

Due to poor agricultural practices and climate change, soil is deteriorating at an accelerating rate worldwide, which natural processes cannot offset. Instead of artificial fertilizers, however, the use of sewage...

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New technology supports data-based electronic invoicing

The National Tax and Customs Administration has taken a big step to support the spread of data-based electronic invoicing. The long-awaited invoice visualization tool is ready, with which you can...

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The food industry is a national strategic sector

We managed to put inflation, which had risen high due to the war and sanctions, onto a downward path, and we aimed for a further strong decrease, said Dr. Márton...

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Sándor Czomba: 26-27 thousand students are expected to participate in this year’s Summer Student Work program

This year, the Ministry of Economic Development expects the participation of about 26,000-27,000 students in the Summer Student Work Program, for which the government has provided HUF 3.5 billion in...

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The land sale program continues

As we have already announced, it is possible to bid at the auctions for land with an area of more than 10 hectares between June 22 and July 14, 2023,...

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Ireland to label alcoholic drinks with detailed health warnings

Ireland has passed legislation that will require for alcoholic drinks products to feature comprehensive health warnings. The new legislation, signed into law by health minister Stephen Donnelly on Monday (22...

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Unilever’s Vegetarian Butcher Unveils New Vegan Bacon With Patented Fat Technology

Unilever’s plant-based meat brand The Vegetarian Butcher (TVB) has launched plant-based bacon, “NoBacon 2.0”, which it says features a new patented fat tissue technology that mimics the same texture, oil...

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