Market News
CSR Hungary Summit Conference again
The next stop of the CSR Hungary conference series, entitled “Good brand, sustainable brand”, is coming on May 31, 2023, in the Ballroom of the Gundel Restaurant. In times of...
Read more
Nébih: actors in the food chain industry can submit this year’s declaration on the supervision fee until May 31
The National Food Chain Safety Office (Nébih) draws attention to the fact that the deadline for reporting the supervision fee is May 31, the reporting interface is available in the...
Read more
Barbecue season on a low flame
In a little more than a year and half, meat prices got 1.5 times bigger, and while the VAT on raw meat is just 5%, there is still a 27%...
Read more
MBH Bank is here: the largest merger in domestic banking history has been realized
On April 30, 2023, the merger of MKB Bank Nyrt. and Takarékbank Zrt. took place, and from May 1, the resulting credit institution will continue its activities under the name...
Read more
Regional research was conducted on e-invoicing
At the initiative of the Hungarian office of the international business and tax consulting company Grant Thornton, a survey was prepared on the e-taxation practices of the neighboring countries. The...
Read more
HBLF – EU Sokszínűségi hónap 2023
Breaking down prejudices and creating inclusive workplaces is the goal of the HBLF EU Diversity Month series of events, which this year was joined by many large domestic companies and...
Read more
FAO: the number of severely hungry people has increased to 258 million, 58 countries are affected
The number of people experiencing acute food insecurity and requiring urgent food, nutrition and livelihood assistance increased for the fourth consecutive year in 2022, with over a quarter of a...
Read more
Tesco’s Whoosh service is now available from 1,000 stores
Tesco’s rapid delivery service Whoosh was launched in May 2021, and it is now available from 1,000 Tesco Express stores in the United Kingdom. Originally Tesco’s objective was to offer...
Read more
The Agricultural Marketing Center opens to the east
In addition to appearances at international exhibitions, since 2021 the Agricultural Marketing Center has also been helping agricultural and food industry companies enter the foreign market by organizing business meetings....
Read more
EM Deputy State Secretary: the HungAIRy project aimed at improving air quality is halfway through
The HungAIRy LIFE integrated project aimed at improving air quality, launched in 2019, has reached its halfway point – said the Deputy State Secretary for Environmental Protection of the Ministry...
Read more
Lidl satisfied with Latvian market entry
German discounter Lidl is satisfied with its first year in the Latvian market. Lidl opened 15 stores in the Baltic state on 7 October 2021. According to data from NielsenIQ,...
Read more
CPG research: Even those who didn’t last year are saving today
Even Poles, Czechs and Slovaks spend more boldly than Hungarians – it was revealed from Publicis Groupe’s second annual regional survey*. The research examined one of the most frequently purchased...
Read more
Syngenta: The tomato sector is facing major challenges worldwide
Tomato cultivation worldwide faces major challenges: insect pests, plant diseases, and labor problems are also serious problems for producers. The employees of Syngenta’s innovative vegetable seed business are working worldwide...
Read more
PPF: natural product ingredients is a strengthening trend
According to Ádám Szitai, general manager of Partner in Pet Food (PPF) Hungária Kft., the same trends that manifest in the human food segment also turn up in the pet...
Read more
Microplastics and drug residues can be detected in Lake Balaton
For the first time in the history of Lake Balaton, it has been confirmed that various microplastics are present in the lake, and drug residues can also be associated with...
Read more
Nébih informs you about the fruit nursery license required for the production and distribution of strawberry seedlings
Pursuant to the relevant law, activities aimed at the production and marketing of fruit propagating material may only be carried out by those who meet the legal conditions and have...
Read more
SPAR saves 3.5 million meals with TooGoodToGo
SPAR’s partnership with social impact company Too Good To Go, has saved 3.5 million meals from going to waste in 14 countries. Since the launch of the international partnership in...
Read more
The Animal Breeding and Farming Days are organized for the thirtieth time
The Great Plains Animal Husbandry and Farming Days, one of the most important professional meetings of Hungarian agriculture, will be held in Hódmezővásárhely from Thursday, the organizer Hód-Mezőgazda Zrt. informed...
Read more
Beiersdorf now also produces in Leipzig
The first cosmetic products are rolling off the production line at Beiersdorf’s newly built plant in Leipzig. The Hamburg-based consumer goods manufacturer says it has invested almost 300 million euros...
Read more
Anuga and EIT Food enter a strategic partnership
The leading global trade fair for food and beverages taps into the extensive know-how of Europe’s leading initiative for food innovations EIT Food, the world’s largest and most dynamic initiative...
Read more
Hungarian agriculture can develop from HUF 5,300 billion until 2027
With the adoption of the new Common Agricultural Policy Strategic Plan, the Hungarian agriculture and food industry can develop by using more than HUF 5,300 billion until 2027 – emphasized...
Read more
K&H: variety is important not only in nature, but also in the workplace
May is European Diversity Month. This month, the European Commission also highlights the importance of workplace and social inclusion and encourages companies to support it. According to K&H, a diverse...
Read more
Climate change – would we really be powerless
Domestic medium and large companies are aware of the importance of sustainability requirements, but in the difficult economic situation they postpone taking action. Their motivation is primarily limited to cost...
Read more
GFM: Márton Nagy consulted with the leaders of the largest trade association and store chains about the mandatory promotions
Márton Nagy consulted with the leaders of the largest trade association and store chains about the mandatory promotions – the Ministry of Economic Development (GFM) informed MTI on Tuesday. The...
Read more
BMI: Intensive expansion in April
The seasonally adjusted April value of the Purchasing Manager Index (BMI): 61.9. Compared with the previous April values, this year’s value is higher than the long-term average for this month...
Read more
K&H: The second half of the year may be easier
After last year’s decline, the mood of the companies slowly but surely turned upwards. The K&H large company growth index, like the K&H confidence index, started to rise, although the...
Read more
In Germany, retail sales decreased in March
In Germany, retail sales decreased in March, both year-on-year and month-on-month. The German Federal Statistical Office (Destatis) announced on Tuesday that, with calendar and seasonal adjustments, retail sales fell by...
Read more
In April, inflation accelerated more than expected in Italy
In Italy, instead of the 8.2 percent expected by analysts, consumer prices rose by 8.3 percent year-on-year in April, after a 7.6 percent increase in March, the Italian statistics office,...
Read more
Annual inflation in the Eurozone accelerated in April
In April, inflation accelerated in the euro area on an annual basis, the statistical office of the European Union announced on Tuesday. According to Eurostat’s preliminary data, inflation rose to...
Read more
Grape-Vine Kft. expanded its capacity with a new storage hall and equipment purchase.
Grape-Vine Kft. expanded its capacity at its site in Kiskunmajsa with a new storage hall and the purchase of wine processing equipment with a European Union grant of HUF 769...
Read more