Market News

Hövej lace and Pozsonyi crescent became Hungarikum

Pursuant to the decision of the Hungarikum Committee, Hövej lace and Pozsonyi crescent have been added to the Collection of Hungarikums – the Minister of Agriculture announced at his press...

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Research: White-collar workers most often quit because of their bosses

A general bad relationship with the manager, a lack of recognition and too much stress lead to resignation in most cases among people doing intellectual work, according to the latest...

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„Silence is Golden”: Leffe embraces the silent power of friendship in major new campaign

Belgian beer brand Leffe has today (14 April) launched a new pan-European brand platform to encourage the public to ‘Bring More to the Table’ and create deeper connections. Developed in...

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New Billa Corso Opens At Vienna Airport

REWE Group has announced the opening of a new Billa Corso outlet at terminal 3 in the Vienna International Airport in Schwechat, Austria. The new opening is the sixth Billa...

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The 12-month internship program of the European Food Safety Authority (EFSA) has opened

EFSA welcomes applications from young professionals with different scientific and professional backgrounds (scientist, IT, communication and legal, etc.) until May 15, who are open to try themselves in a challenging,...

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Asda celebrates Ramadan with 150 new ranges

Asda is celebrating its biggest Ramadan yet, with 150 new product lines launched across all categories as the month approaches. The supermarket chain said it is “making it easier for...

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The consumption of German beers in the European Union has decreased

The consumption of German beers has decreased in the European Union and Germany in the last ten years, and there was an increase only outside the European Union, according to...

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All Ukrainian grain shipments arriving in Hungary are checked

All grain shipments coming from Ukraine to Hungary by road and rail are checked and only transit traffic vehicles are allowed to pass through the country, said the state secretary...

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They liquidated a network of vegetable companies that also operated an invoice factory

Almost two billion forints worth of VAT has not been paid by the criminal organization involved in the fruit and vegetable trade, which was recently liquidated by the National Tax...

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During the price raid, it was revealed that the stores were playing tricks with the price-stopping products

Government spokeswoman Alexandra Szentkirályi previously announced that price raids would be launched in stores where the price hiked products could not be found on the shelves. The most recent Government...

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Brutal increase in the price of bread expected due to the Ukrainian grain ban?

The decision of the Ministry of Agriculture on Saturday, which prohibits the import of Ukrainian grain to Hungary, may have a significant impact on Hungarian agriculture in the long term....

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Polycrisis in the fruit-vegetable sector – participants were looking for solutions at the 2023 Fruit Logistica

In February 2023 the 30th Fruit Logistica fruit and vegetable trade fair was organised in Berlin. 2,610 exhibitors from 92 countries showcased their products and services to 63,470 visitors in...

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Another EU beverage producer has resumed exports to Russia

The Absolut Company has resumed exporting its vodka to Russia after a year-long absence from the country as a sign of protest against Moscow’s aggression. Absolut’s decision, made to protect...

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EU Commissioner: the EU is on track to become climate neutral by 2050

The European Union’s climate protection package, known as Fit for 55, which requires a reduction of EU emissions by at least 55 percent, contributes to the implementation of the EU’s...

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The Czech Republic does not plan to ban the import of Ukrainian grain

For now, the Czech Republic does not plan to ban the import of Ukrainian grain and other Ukrainian agricultural products, Czech Minister of Agriculture Zdenek Nekula announced on Monday in...

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They are looking for energy-saving heating solutions

30% of Hungarians lower the temperature in their houses, and 11% even turn off the heating due to energy prices – it was revealed from the representative research of Resideo....

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Amazon closes eight Go stores to cut costs

Amazon will close eight of its Go stores in the USA, as it continues to leave physical retail to cut costs. They will shut two Go Stores in New York...

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KSH: the growth rate of agricultural purchase prices slowed to 27 percent by February

In February, agricultural purchase prices were 27.0 percent higher than a year earlier, the rate of price increase was 4.6 percentage points slower than in January and slowed down by...

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Lufthansa to sell rest of LSG Group to private equity firm Aurelius

Deutsche Lufthansa said that it would sell the remaining part of airline caterer LSG Group to private equity firm Aurelius, three years after it first put the business up for...

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Cadbury, Birds Eye and Walkers: the best food brands in the United Kingdom

According to a new research, Cadbury, Birds Eye and Walkers are the top food brands in the United Kingdom. In YouGov’s 2023 FMCG ranking, the “Food” category saw Cadbury taking...

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BDO: Two sides of the coin, economic factors, about the draft of the European Union that tightens the obligations of manufacturers, – warranty and service, or life beyond the slowing down of the society in Fogagásto

What does it mean for consumer society and for the corporate sector that the European Union plans to tighten further in order to make the operation of several manufacturing segments...

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Spain’s Leading Food Retailer To Cut Prices Of 500 Basic Products

Spain’s leading supermarket chain, Mercadona, will lower the prices of at least 500 basic food products amid a cost of living crisis that had prompted the government to seek concessions...

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Bel Partners With Climax Foods On Plant-Based Cheese Development

French cheese maker Bel Group has announced a partnership with biotech start-up Climax Foods Inc. to develop plant-based cheese for its Laughing Cow, Kiri, Boursin, Babybel and Nurishh brands. It...

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Slovakia temporarily stops imports of Ukrainian grain

Slovakia will temporarily stop the import of grain and some other products from Ukraine, the press department of the Slovak government office told the Bratislava office of MTI on Monday....

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In the past two years, the price of most basic food items has at least doubled in Hungary

The inflation rate in Hungary remained higher than expected in March, according to data from the Central Statistical Office (KSH). Despite the decline in the prices of some basic foods,...

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Minister of Justice Judit Varga and Balázs Csaba Rigó, president of the GVH, discussed coordinated measures against inflation

The Ministry of Justice will also join the working group coordinating the implementation of the online price monitoring database – this was agreed upon by Minister Judit Varga and Balázs...

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Magyar Bankholding: Several foods became cheaper compared to February

In March, there were several product categories whose prices fell compared to the previous month, including dairy products and butter, which became cheaper by 3-3.7 percent, analysts of MKB Bank...

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A big change is happening in e-commerce

The introduction of time window delivery is an important advancement in the field of e-commerce, as it allows customers to plan delivery more flexibly and predictably. Time-slot delivery can reduce...

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These issues are investigated by the consumer protection authority in the shops

In order to enforce price control regulations, the government’s consumer protection authority has been very active this year, inspecting stores nearly 2,400 times and imposing fines of several hundred million...

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Kollégramm helps you understand your workmates!

The Hungarian-owned Lounge Group is conducting a comprehensive survey to evaluate job satisfaction and the overall work environment in Hungary. The survey aims to explore employee motivation, responsibility, adherence to...

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