Market News
Biggest family businesses keep going strong
Family businesses are growing faster than the global economy – reveals the latest Global Family Business Index ranking by EY and the University of St. Gallen. On the Top 500 list...
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More changes in NETA rules from March
As of 1 March 2023 the government added a third exemption from the public health product tax (NETA) payment obligation: for products sold in the domestic market, which the buyer...
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Albert Heijn adds new products to its low-price private label selection
Dutch retailer Albert Heijn has added 100 new products to its Prijsfavorieten campaign, which seeks to offer affordable private label FMCG products for households. As part of a four-week campaign,...
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Hungarian strawberry growers expect a promising season
The heated cultivation of strawberries is slowly coming to an end, the domestic strawberry season begins with good flowering and crop prospects in the open field, although the cold weather...
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The Polish government has adopted a farmer support package
The Polish government adopted a package to help farmers on Friday, according to which, among other things, additional support will be paid to the purchase price of cereals and a...
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TeSzedd has started! waste collection action week
For the eleventh time this year, TeSzedd started on Earth Day! – The campaign for a clean Hungary is voluntary, the largest voluntary waste collection program in the country –...
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A shipment of beer had to be destroyed due to a violation of the protection of origin
The Belgian customs authority destroyed a shipment of beer from the United States, citing the European regulation on the geographical indication of origin, it was announced on Friday. The spokesperson...
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Jászság became the new center of truffles
The Jászság region is known for being one of the best places in Central Europe for summer truffle hunting. Despite the relatively small amount of forests with the necessary conditions...
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Greenpeace and Humus assess whether the bags sold as degradable actually decompose
Greenpeace Hungary, together with the Humus Association, buried plastic bags purchased from domestic food chains and offered as degradable in the Humus composter to check whether the bags decompose and,...
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More than five hundred customers were defrauded in a series of online scams
The police arrested three men who, together with their companions, harmed more than five hundred customers by advertising non-existent goods, and thus obtained more than fifty million forints, the Budapest...
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Rossmann Collaborates With SPAR Austria To Expand Business
German drugstore chain Rossmann has announced a collaboration with SPAR Austria as it seeks to offer its products in more international markets. As part of the collaboration, products of the...
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The Romanian Competition Council is not opposed to negotiations on a temporary reduction in the price of milk
The Romanian competition council is not opposed to processors and retailers agreeing on the extent of jointly agreed price discounts in order to temporarily reduce the price of milk, but...
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The new pig farms of FirstFarms Hungary Kft. were handed over
The new pig farms of FirstFarms Hungary Kft. were handed over on Friday. The eight billion HUF investment was implemented by the Danish-owned company in Telekgerendás and Pusztaföldvár in Békés...
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Amazon Launches Programme To Identify And Track Counterfeiters
Amazon has launched its Anti-Counterfeiting Exchange (ACX), an initiative to help retail stores label and track marketplace counterfeits as part of the e-commerce giant’s efforts to crack down on organized...
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Oreo Café Opens At Doha’s Hamad International Airport
The first permanent Oreo Café outside of the US has opened at Hamad International Airport (HIA) in Doha, Qatar. The 116 square-metre cafe, located in the new North Node, offers...
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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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