Market News

The Economic Competition Office continues to monitor food prices

The Economic Committee of the Parliament accepted the Economic Competition Office’s (GVH) report on its activities in 2022 and its experiences related to the application of the Competition Act, the...

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Fruitveb: due to spring frosts, fewer apricots and peaches may be produced this year

Due to the spring frosts, fewer apricots and peaches may be produced this year, especially from the varieties that can be harvested early in June – reads the summary published...

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In the OECD, inflation slowed down in February

In February, the annual growth of consumer prices slowed down to an average of 8.8 percent in the countries belonging to the Organization for Economic Cooperation and Development (OECD), from...

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In order to break inflation, Judit Varga and Márton Nagy discussed consumer protection measures

In order to break inflation, Judit Varga and Márton Nagy discussed consumer protection measures, the Ministry of Justice and the Ministry of Economic Development announced on Tuesday. It was highlighted...

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From HO to HI – i.e. Home Office plus Hybrid Office – methods of working

The series started several months ago about the experiences of the Home Office working method and the current practice, which is carried out by domestic and international companies in Hungary....

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After eight years, the Hungarian Advertising Code is renewed

The Codification Committee of the Self-Regulatory Advertising Board (ÖRT) and the Hungarian Advertising Association (MRSZ) has updated the Hungarian Advertising Code in more than 30 meetings in the framework of...

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You can register for TeSzedd for one more week! for a waste collection campaign

On Tuesday, April 11, volunteers can apply until 6:00 p.m. for the eleventh TeSzedd! – Voluntarily for a clean Hungary! program series – Zsófia Koncz, Parliamentary State Secretary of the...

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More surprises from Szikrai Winery

Szikrai Winery Kft.’s latest innovation is the Tutti-Frutti syrup, and already this year the company will put more new flavours on store shelves. They are also the manufacturers of Szobi...

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The European Food Safety Authority renews the membership of its scientific bodies and Scientific Committee

The European Food Safety Authority (EFSA) will renew the membership of its scientific bodies (panels) and Scientific Committee in 2024. The relevant information was recently published on the EFSA website....

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Germany: neither vegetarian, nor vegan McPlant Burger and McPlant Nuggets from McDonald’s

It has caused quite a stir in German social media that the McPlant burger and McPlant nuggets served in McDonald’s restaurant are suitable for neither vegetarians, nor vegans: because of...

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Tesco launches new home health test

In more than 500 stores in the United Kingdom, Tesco has launched at-home testing kits for shoppers for various health problems, including bowel cancer, menopause and thyroid issues. The test...

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The turnover of deep-frozen food in Germany broke a record last year

Last year, a record was set for the consumption of deep-frozen food in Germany by the sector’s professional representative organization, the Deutsches Tiefkühlinstitut e. V. (dti) according to its regular...

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Does change really depend on individual actions? – this is what 4 generations think about sustainability

According to nearly 40% of those surveyed, the majority are not willing to deal with climate change because they think it is too far-fetched, according to a recent MediaMarkt survey....

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REWE Group successfully navigates crisis year 2022 and stays on steady course

REWE Group ended the 2022 business year on a successful note and continues its stable performance. In view of the many different impacts of the Ukraine war, the consistent course...

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Ukrainian grain was subjected to strict inspection

In several cases, toxin and GMO contamination was detected after the examination of the grains that arrived in our country from Ukraine. The circulation of more than 29 tons of...

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Nissin puts breakfast (and noodles) in a cup

For many people, the most essential cup at breakfast time is that first mug of coffee. Noodle giant Nissin Foods USA is hoping to change that with its Cup Noodles...

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NAV confiscated cigarettes without a license plate, fake perfume and puppies

The staff of the National Tax and Customs Administration (NAV) seized unlicensed cigarettes, fake perfume and stray puppies on the M7 motorway in a coordinated operation. According to NAV’s announcement...

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Spain’s Eroski rolls out private label for vegan products

Spanish supermarket chain Eroski has put a new range of private label vegan products on the market, as it aims to promote a healthier and more sustainable diet. The Eroski Veggie organic...

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Meat consumption in Germany at an all-time low

Germans have not eaten so little meat for decades, at least according to the preliminary data of the Federal Centre for Agricultural Information (BZL). Per capita meat consumption of 52...

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The Ministry of Agriculture is already working on a bill aimed at abolishing the land tax

The Ministry of Agriculture is already working on a bill aimed at abolishing the land tax, which farmers’ organizations asked the government to implement after Péter Márki-Zay, the former candidate...

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No shortage of eggs is expected at Easter

High-quality Hungarian eggs are also available to customers during the Easter period – the National Chamber of Agrarian Economy draws attention. The average annual egg consumption is 236 eggs per...

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K&H is starting to reduce its carbon footprint on its own

The European Commission is taking draconian measures to curb air pollution caused by internal combustion engines. And the European Parliament recently decided that after 2035 no more new cars equipped...

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WHC Group: companies are in dire straits, there is a deadly fight for labor in many areas

Despite the recent slowdown in the economy’s performance, the trend typical of recent years continues on the Hungarian labor market: many areas, especially the industrial production sector, are suffering from...

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The latest issue of Trade magazine has been published!

Take a look at the latest issue of Trade magazine, 2023/4. issue, we deal with really interesting topics. We have once again provided a guide to this year’s festival season,...

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Alpár Gyopáros: the government supports village convenience stores with eight billion HUF

The government will provide 8 billion HUF operating support to businesses operating 2,806 small village shops in the Hungarian village program, the government commissioner responsible for the development of modern...

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Hungary’s leading hygiene paper company, Vajda-Papír, will become carbon neutral by 2050

By 2030, Vajda-Papír will increase the use of renewable energy by 50% and reduce its water consumption by 20%. Over the past 10 years, Vajda-Papír Kft. has spent HUF 40...

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The Hungarian M&A market is at its peak for more than 10 years – EY analysis

Last year, the Hungarian transaction market experienced the most active period of the past 12 years – according to the recent report of EY evaluating corporate mergers and acquisitions (M&A)....

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The EIB committed EUR 804 million to support investments in Hungary in 2022

The bank of the European Union, the European Investment Bank (EIB) and the European Investment Fund (EBA) signed new financing in the amount of 804 million euros (314.6 billion forints)...

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MLBKT: the March purchasing manager index indicates slower growth

The seasonally adjusted March value of the purchasing manager index (BMI) fell to 55.3 points from 56.3 in February, according to which the respondents reported slower expansion processes compared to...

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Preservation of the gene stock of indigenous breeds is a priority state task

Preserving the gene pool of indigenous plant and animal breeds and maintaining genetic resources is a priority state task – said the Minister of Agriculture on Monday in Budapest, at...

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