Market News

The demand for tequila has increased, but the supply is becoming scarcer

While Europe’s openness to the popular Mexican drink has been gradually increasing since the pandemic, agave stocks are limited, so tequila is expensive for now. In fact, if this continues,...

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Does the road to food protection lead through food waste?!

What if food waste was used to protect food? One of the new research projects of the SAVE FOOD initiative deals with this question. With this, interpack is relaunching the...

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We spent a lot on eMAG this carnival

The 2023 carnival season ended on Ash Wednesday, during which costumes and masks were ordered online from eMAG at an average gross price of around HUF six thousand. Among the...

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Labor market survey: most employers plan to raise wages this year

The majority of employers are planning a wage increase this year, and the employees also expect this due to the significant price increases, the company that gives a wage increase...

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Hungary is committed to domestic and global food security

The coronavirus pandemic, the war in Ukraine, climate change, Brussels sanctions, high energy costs and inflation pose serious obstacles to the availability of food, especially in developing countries, stressed Oszkár...

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Heineken would flee Russia

They are looking for a solution with steam power to be able to sell their interest in Russia, Heineken told Reuters. Even if it involves a huge financial loss. This...

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NAV: an individual entrepreneur running a grocery store failed on online account information

The National Tax and Customs Administration (NAV) announced to MTI on Friday that an individual entrepreneur operating a grocery store failed to provide online account information. According to the announcement,...

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These are what the children would put in the basket if they went shopping alone

The GYERE® – Children’s Health Program of the National Association of Hungarian Dietitians (MDOSZ) becomes national. The digital version of the one-and-a-half-year program teaching the principles of good nutrition and...

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Overturned grain market: grain growers are in a difficult situation

In three months, the price of the most important cereals fell by more than 20 percent on the domestic market, so the very unusual situation arose that wheat and corn...

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Bácska-Logistik Kft. received support for the creation of a new gas station and self-service restaurant.

Bácska Logistik Kft. from Baja has won a grant of almost HUF 300 million for the construction of a new gas station suitable exclusively for refueling trucks and a self-service...

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Due to the drought, it may become necessary to restrict water use in Italy, according to the government

As a consequence of the extreme drought, it may even become necessary to “ration” the national water supply in Italy, Gilberto Pichetto Frantin, the minister responsible for environmental protection and...

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Restrictions on water use may also become necessary in Italy for the sake of food supply

As a consequence of the extreme drought, it may even become necessary to “ration” the national water supply in Italy, Gilberto Pichetto Frantin, the minister responsible for environmental protection and...

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KSH: The number of employed people in January was 4,699,000

In January 2023, the average number of employed persons aged 15-74 was 4,699,000, 46,000 more than a year ago, the Central Statistics Office (KSH) reported on Friday. November 2022-2023 in...

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Bill Gates Buys Heineken Stake, Despite Saying He’s ‘Not A Big Beer Drinker’

Bill Gates has bought 3.76% stake in Dutch drinks giant Heineken Holding NV, although the billionaire founder of Microsoft has previously said he was “not a big beer drinker.” The...

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Livestock breeders who engage in grass-based grazing can gain access to new resources

In the Common Agricultural Policy (KAP) until 2027, a number of new elements and forms of support will appear, which will provide assistance in more ways than before for extensive...

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Plenty of programmes by Shop! – POPAI this year

Marketing at Retail is facing a busy first quarter and lots of programmes in 2023, thanks to POPAI Hungary Association and parent organisation Shop! Association. The challenges and changes in...

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K&H: that’s how much Hungarians spent on food

Inflation accelerating to a multi-decade peak is clearly visible, including the more than 40 percent increase in food prices for card spending, according to K&H’s summary. In December last year,...

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Five smart logistics trends that will determine the domestic development of e-commerce in 2023

The demand for same-day delivery is even greater than before, many customers are no longer satisfied with half-day time windows, and with the increase in energy prices and inflation, cost-effectiveness...

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Global Family Business Index survey: Family businesses are still booming

Family businesses are growing faster than the global economy, according to the latest Global Family Business Index ranking by EY and the University of St. Gallen, Switzerland. The list of...

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Fidelity Analyst Survey 2023: Inflation may be easing

Consumer inflation is already past its peak, but the debate about the long-term effects of the price increase experienced last year – unprecedented in thirty years – will continue for...

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“Green” advertising messages are often confusing – the GVH draws attention to this

Based on the rapid investigation of the Economic Competition Office (GVH), in many cases, advertising communications referring to sustainability are not accompanied by easily accessible and relevant support for consumers....

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The headquarters of another UN organization is moving to Budapest

The move of the global financial center of the World Food Program to Budapest will also contribute to maintaining a safe food supply and eradicating hunger, said Minister of Agriculture...

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BDO: The ERP system can also be a double-edged sword if they do not understand it

Integrated ERP, or enterprise management systems, have been revolutionizing the global economy and business operations for quite some time. Today, they are practically essential above a certain business size or...

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The US Food and Drug Administration recommends that plant-based milk replacer drinks can be sold as milk

The U.S. Food and Drug Administration recommends that plant-based milk replacer drinks be labeled “milk” by manufacturers. The organization of dairy enterprises is protesting. According to a draft rule issued...

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Half of Hungarian workers expect a salary increase in 2023

Last year, 63 percent of employees received a salary increase or some kind of extra allowance due to their increased expenses, this year only slightly more than half of them...

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Corvinus research: There is still a lot to do to make our businesses future-proof

The organization of the future is now innovative and digital according to the majority of interviewed domestic managers. At the same time, it is not necessarily flat, networked and knowledge-sharing,...

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(HU) Gyerekétel-kreátorral együttműködve kínál az Aldi olcsó uzsonnásdoboz-ötleteket az Egyesült Királyságban

Aldi has partnered with kids’ food creator, Rachel Stirling to create a series of lunchbox ideas for under £5 as children return to school after half term. Designed to keep...

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Strong Pricing Helps To Drive Sales Growth For Campari

Italian spirits group Campari reported a 9.6% increase in fourth quarter like-for-like sales, thanks to strong pricing and despite supply constraints. The maker of Aperol and Campari bitters said net sales...

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Dollar Stores Double Their Share In Rural Areas Of US

Dollar stores are now the fastest-growing food retailers in the United States, and have doubled their share in rural areas, according to researchers at Tufts University. Tufts University found that...

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The average price of farmland in 2022 broke the HUF 2 million mark

In 2022, the average price of agricultural land per hectare increased by 11 percent, similar to previous years, and thus crossed the psychological limit of HUF 2 million – Agrotax...

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