Market News

MOKK: it is worth making a will about the farmland in advance

If someone has farmland, it is definitely worth making a will about it in advance, as this can prevent disputes between the heirs – the Hungarian National Chamber of Notaries...

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The GVH ordered Wish to pay compensation

The Economic Competition Authority (GVH) has closed its investigation against Wish, one of the largest international e-commerce marketplaces, launched in 2021. The operator of the platform undertook a complex reparation...

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The net financial assets of households increased to HUF 69,513 billion

2022 IV. by the end of the quarter, the financial assets of households increased to HUF 83,939 billion, which is an increase of HUF 1,907 billion compared to the previous...

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In February, consumer sentiment in the euro area reached a one-year high

As expected, consumer sentiment in the euro zone improved to a 12-month high in February, according to Monday’s report based on preliminary data from the European Commission’s Directorate-General for Economic...

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Randstad “HR Trends 2023”: the corporate sector’s expectations for this year are mixed

The management of domestic companies is looking ahead to 2023 with more cautious expectations, according to Randstad’s latest “HR Trends 2023” research, which aims to provide insight into the adaptation...

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IKEA fights for sustainability not only with its furniture, but also with its food

IKEA wants to become a climate-positive company by 2030, but for this it needs to produce more plant-based food. In 2022, approximately 520 million guests tried IKEA’s food offering, which...

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World Pancake Day is here

Jam, cottage cheese, cocoa or hazelnut cream – pancakes are one of the most popular desserts and everyone loves them, but even such a seemingly simple delicacy can easily be...

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Tenders are open for butcher shops

Butcher shops operating as micro-enterprises can apply for up to HUF 3.5 million, MTI reports. Pál Márton Nobilis, the State Secretary responsible for the food industry and trade policy of...

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NAV is expecting KATA-based enterprises

After the changes at the end of the summer, the kata can be on the table again, but this time on the control side. Lately, the tax authority has been...

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Hungarian company managers are more pessimistic this year, according to a survey

According to the announcement, a little more than half of the optimists expect a net sales increase of between 4 and 10 percent; in the IT sector, service centers and...

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Smurfit Kappa Invests In Green Energy At Spanish Paper Mill

Smurfit Kappa has announced a €6 million green energy investment at its Sanguesa paper mill in Spain. The investment will be used to construct and install up to 12,000 solar...

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Auchan Retail Portugal Launches Ecological Detergent Made From Cooking Oil

Auchan Retail Portugal has launched a range of eco-friendly detergents produced from used vegetable oil, as it seeks to achieve its goal of reducing waste and promoting a circular economy...

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7UP unveils fresh brand identity with new packaging design

PepsiCo soft drinks brand 7UP has unveiled a new packaging design to elevate its international positioning. The brand identity is being introduced with the expression ‘New Get Up, Same 7UP’,...

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The call for tenders to support butcher shops has opened

Butcher shops operating as micro-enterprises can apply for up to HUF 3.5 million thanks to a new call from the Ministry of Agriculture, Dr. Pál Márton Nobilis is the state...

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The Agricultural Marketing Center presents Hungarian food products in Dubai

The Agrármarketing Centrum (AMC) will present Hungarian food products at one of the world’s leading food trade fairs, which is open from Monday to Friday in Dubai, AMC told MTI...

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Germany’s new Supply Chain Due Diligence Act and its impact on Hungarian suppliers

As of 1 January 2023 a new Supply Chain Due Diligence Act came into effect in Germany, which requires companies to audit their suppliers according to a certain set of...

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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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Dávid Hollósi: The price increase may stop, but food will not become cheaper

Dávid Hollósi, the managing director of the agricultural and food industry business of MKB Bank and Takarékbank, revealed in a recent interview for Index that the rate of growth of...

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László Perlusz: thousands of businesses in retail have closed, tourism and hospitality are in a difficult situation

László Perlusz, the Secretary General of VOSZ, spoke about his entrepreneurial prospects in 2023 in an interview with InfoRádio. He is fundamentally optimistic, but considers it important that “it is...

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Competition Office: there is a difference between the content of “green” advertising messages and the consumer’s interpretation

In many cases, there is a difference between the real content of the sustainability advertising messages of Hungarian businesses and their consumer interpretation based on the rapid investigation of the...

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About HUF 340 million was spent on technological modernization at two sites of HFI Kft

HFI Kft., which mainly deals with vegetable processing and preservation, has modernized and expanded its capacity at two locations by purchasing equipment and building a hall for about HUF 340...

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A new type of cabbage is trendy now in Europe, the demand for it is huge

The new, pointy and purple type of cabbage referred to as “violetti” was created a few years ago by Dutch breeders by crossing the traditional pointed cabbage and a red...

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The French may also have a food price freeze

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

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KAP support conditions can be met for all farmers

In exchange for the subsidies, the rules of the new Common Agricultural Policy lay down more pronounced environmental and climate protection requirements compared to previous years, thereby encouraging agricultural practices...

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It has been revealed who became the agrarian of the year in 2022

István Papp, the owner and managing director of Hajdúhús 2000 Kft. in Debrecen, became the agriculturist of the year in 2022 – the organizer Agrotrend Group announced to MTI on...

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Continente Launches Vegan Alternative To Yoghurts

Portuguese supermarket chain Continente has launched a new product range, Vegegurtes, a new vegan alternative to yoghurts that forms part of the retailer’s ‘Powered by Plants’ offering. The new, 100%...

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A new whiskey superpower is being built in Europe

The number of distilleries producing whiskey in Germany has increased in the recent period. Today there are many more distilleries making spirits than in Scotland. After the Second World War,...

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Coop 365discount Urges Danish Government To Cut VAT On Fruit & Vegetables

Danish retailer Coop 365discount has urged the country’s Minister for Food, Agriculture and Fisheries, Jacob Jensen, to reduce VAT on fresh fruit and vegetables. The retail chain, which is part...

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Work, knowledge, openness – this is the key to success in agriculture

The future belongs to knowledge-based, professional agriculture, success requires the application of new technologies, openness and knowledge – stated Zsolt Feldman, the State Secretary responsible for agriculture and rural development...

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American producer prices rose more than expected in January

The American producer price index rose more than expected in January, according to the statistics institute of the Washington Department of Labor, the U.S. Based on Thursday’s report from the...

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