Market News
Cadbury launches first non-HFSS range
Mondelēz has launched Cadbury’s first-ever range of non-high in fat, salt or sugar (non-HFSS) treats, Cadbury Dairy Milk Fruitier and Nuttier. The selection features ‘trail mix’ which includes raisins, sultanas,...
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The agriculture must work consistently in the next period
Farmers can still count on the Hungarian government in 2023, together we will take up the fight against the release of production costs and market uncertainties, said Minister of Agriculture...
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Survival strategies
This year’s subtitle of the conference series “My love for trade marketing” was “Survival strategies”. The participants searched for answers to the challenges caused by inflation and the crisis with...
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Onions may soon be in short supply
In almost all European countries, onions are significantly more expensive, and it seems that the sky is the limit for prices, yet common sense suggests that there will be a...
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The export of French wines and spirits broke a record last year
The export of French wines and spirits decreased slightly in volume last year, but in value it increased by 10.8 percent to a record 17.2 billion euros, despite the increase...
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Reducing GHG emissions related to animal husbandry is one of the biggest challenges
The organization called “Animal Task Force” published the latest research results on greenhouse gas emissions linked to the livestock industry in the framework of a series of conferences organized jointly...
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Walmart Pushes Back As Major Product Suppliers Ask For Higher Prices
Walmart is warning major packaged goods makers that it can no longer stomach their price hikes, pitching its own private-label products to shoppers as less-expensive alternatives to suppliers’ name-brand goods....
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Based on its price, Hungarian apples are in the middle range on the EU markets
According to the European Commission’s apple market analysis, Polish apples are once again the cheapest among the EU countries. According to data published by DG Agri on February 10, the...
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Trans-Sped Kft. will create 270 new jobs nationwide with an investment of HUF eight billion
The logistics service company Trans-Sped Kft. will create 270 new jobs throughout the country with an investment of eight billion forints, Minister of Foreign Affairs and Trade Péter Szijjártó announced...
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Ferrero Buys Frozen Bakery Producer Fresystem
The Ferrero Group has acquired Italian frozen bakery firm Fresystem for an undisclosed amount. Fresystem, founded in 1983 and acquired by the Simioli family in 1991, closed its most recent...
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NAV has cracked down on fake perfumes, alcohol and cigarettes in yet another round
Cigarettes without license plates, fake perfumes and stray puppies were found on the Somogy county section of the M7 highway, at a rest stop, the National Tax and Customs Administration...
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Italy’s Bennet Unveils NFT-Based Customer Loyalty Project
Italian hypermarket chain Bennet has launched the Bennet NFT Club, the first customer loyalty project by an Italian retailer based on blockchain and NFT technology. Bennet’s partner in the project...
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IMF recommends the abolition of the food price cap and the elimination of special taxes to the Hungarian government
After their visit last November, experts from the International Monetary Fund (IMF) made concrete economic proposals for the Hungarian government in addition to the usual review, reports the Portfolio. According...
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Food prices have already started to fall, as the GVH began to investigate
Competition has become greater in retail, more people have reduced food prices – says Balázs Csaba Rigó, president of the Economic Competition Authority. In the hope of finding out whether...
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From February, you can get almost exclusively imported potatoes
The National Potato Association and Product Council (OBTT) warned in November that the domestic potato stock should last from autumn 2022 to June 2023, but it is feared that this...
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A comprehensive research was carried out by the Tej Terektánács
On behalf of the Tej Terméktanács, Trend International Market Research Kft. carried out the research entitled “Rögös turó as quality system recognition in Hungary”, the focus of which is on...
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GVH began to investigate, and the shops, in their fright, already started to reduce prices
The competition in retail has become greater, more people have reduced food prices – stated the president of the Economic Competition Authority, who believes that their actions have a deterrent...
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(HU) Gyopáros Alpár: a falusi kisboltok megtartása kulcskérdés
Sorry, this entry is only available in HU....
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The Food Bank provided ten billion forints worth of food to the needy
Last year, the Magyar Élelmiszerbank Egyesület saved food worth about HUF 10 billion and delivered it to the needy, thereby providing assistance to about 240,000 needy people. The Association saved...
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Is it really the unbridled profit hunger of Hungarian businesses that causes high inflation?
Hungarian companies did not basically raise their prices in order to make even more profit, but in order to stay afloat in successive crises. It should also be seen that...
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VOSZ: the increase in prices is not caused by the hunger for profit of Hungarian enterprises
The Hungarian companies did not basically raise their prices in order to make even more profit, but in order to stay afloat in successive crises, emphasized the National Association of...
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Aldi To Lower Coffee Prices For Own-Brand Products
Aldi Nord and Aldi Süd have announced they will permanently lower prices for whole beans and ground coffee products sold under their own brands. Ground coffee and whole beans from...
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The average salary today is enough for less bread and more milk, chicken and potatoes than in the Kádár system
The data continuously published by the Central Statistical Office (KSH) and published by the Magyar Nemzeti Bank (MNB) in recent days are thought-provoking. The MNB has published a special series...
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Hungary subjects Ukrainian grain to strict inspection
The food chain safety control of agricultural products coming from Ukraine is ongoing, so far 156 food industry enterprises have been inspected, said Minister of Agriculture István Nagy. The head...
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Monster Zero Sugar Lewis Hamilton Variant
Seven-time World Champion Formula 1 driver Lewis Hamilton has joined forces with Monster Energy again to launch an all new zero sugar energy drink, which is available now, with a...
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BDO: These are the typical mistakes we make when using the online invoices
In the summer of 2023, the domestic system of the Online Invoice will be 5 years old, which was launched by the National Tax and Customs Administration on July 1,...
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Portuguese winemakers call for urgent action over bottle prices
Wine producers in Portugal are calling for urgent action from the government over the rapidly soaring cost of glass bottles. The National Association of Traders and Exporters of Wines and...
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Romanian milk producers are worried about cheap Hungarian milk
Hungarian milk with a purchase price of less than HUF 150 per liter and a fat content of 4 percent depresses Romanian prices. Local producers can’t really compete with him....
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UK inflation has eased, but food inflation remains high within the overall basket
Annual British inflation slowed significantly but was still above 10 percent in January, particularly due to food prices. According to the report of the British Statistics Office (ONS) on Wednesday,...
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Farmers are being prepared for the new support period on a nationwide basis
With the new Common Agrarian Policy Strategy Plan, the rules for area-based subsidies will change, new forms of support will appear, and the agro-ecology program will also be launched, which...
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