Market News

Zsófia Nagy-Vargha: the Start program supports the launch of another twenty businesses

The Start program of the National Talent Center and the Design Terminal supports the implementation of the innovative businesses of twenty more young people – announced the Deputy State Secretary...

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Making payments public can reduce conflicts, but requires careful planning

Depending on the company culture, professionals approach the issue of salary transparency, i.e. making salaries public, differently – partly, for example, because it may represent a conflict of interest between...

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Levente Magyar: all successful applicants of the economic development program will receive the support

Despite the difficult economic conditions, the Hungarian government’s economic development program in Vojvodina will not stop, all successful applicants will receive support – said Levente Magyar, the parliamentary state secretary...

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Plant-based diets and diabetes

According to two new studies, a plant-based diet can significantly reduce the risk of developing or worsening type 2 diabetes. Following a plant-based diet reduces inflammatory dietary advanced glycation end...

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Pilulka.hu launched

Pilulka.hu is the name of the Pilulka Group’s Hungarian online shop, where customers can buy everything they need for a healthy lifestyle. The launch comes with a Pilulka smartphone app...

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Violation of intellectual property rights poses a serious threat to EU SMEs

According to a joint report by the European Union Intellectual Property Office (EUIPO), the European Observatory on Infringements of Intellectual Property Rights and the Organization for Economic Co-operation and Development...

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CBD not shown to be safe enough for use in food or supplements, FDA says

The Food and Drug Administration announced last week that products infused with CBD, which is derived from cannabis or hemp and used in items as varied as soap and seltzer,...

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Tesco nets discarded plastic from coastal areas for fresh fish packaging

Tesco’s fresh salmon, haddock, cod and sea bass lines will be sold for the first time in trays that contain at least 30% recycled coastal plastic collected from beaches, coastlines...

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Nestlé tests reusable packaging in Germany

In Germany, reusable stainless steel packaging is increasingly appearing on shelves in the coffee and cocoa segment. The Frankfurt-based start-up Circolution is testing their compatibility with existing deposit dispensers in...

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Information on the distribution of EK FERTILIZER and the submission of the certification application

Regulation 2019/1009/EC (VI.5.) regulating the distribution of EU crop-enhancing substances has been applicable since July 16, 2022, with which the previous regulation on the distribution of EC FERTILIZER also lost...

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The epidemic situation continued to improve, and Nébih eased the temporary rules for the introduction of poultry

As of February 1, 2023, in the non-restricted areas of Bács-Kiskun, Csongrád-Csanád and Békés Counties, relaxations will come into effect in the resettlement rules for settlements located near wetlands and...

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Retail players also recommend the closure of the price cap

The first food price stop came into effect one year ago, on February 1, 2022. According to the leading actors of the sector, in the upset market environment of the...

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György Vámos: the food price cap has become one year old, the loss is for retailers

As of February 1, 2022, cooking oil, chicken breast, fine flour, pork leg, 2.8 percent UHT milk, granulated sugar and chicken thigh will be subject to a price freeze. György...

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Gabriella Heiszler: The supplier price of flour and oil is already decreasing

The supplier prices for some foodstuffs, such as flour or sunflower oil, are being reduced. Gabriella Heiszler, managing director of Spar Hungary, talked about the expected changes in the 24.hu...

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Péter Bross: they would buy the more expensive honey if they knew where it came from

According to Péter Bross, president of the National Hungarian Bee Association, most of the honey from third countries is fake, so consumers in the EU would prefer to buy products...

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The introduction of the euro did not have a significant impact on food prices

The first rapid report on inflation in January shows that the introduction of the euro did not have a significant impact on overall inflation in Croatia, the Croatian National Bank...

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Hungarians can put less aside, many save in the “recession fund”.

Compared to the previous year and the European average, the saving habits of Hungarians have not changed significantly, although they are less and less able to put aside money due...

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BMI: Moderate expansion in January

The seasonally adjusted January value of the Purchasing Manager Index (BMI): 55.0. Compared with the previous January values, this year’s value is higher than the long-term average for this month...

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Could crickets be a secret ingredient?

In recent days, Nébih has received many requests: is it true that producers will soon be able to add “crickets and beetles” to food without any labeling? The news in...

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Unilever Names Dutch Dairy Boss Schumacher As New CEO

Consumer goods giant Unilever has appointed Hein Schumacher to replace Alan Jope as chief executive from July 1 in a move that was welcomed by board member and activist shareholder...

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Assessing the true value of companies’ green efforts is difficult

It is becoming more and more important for market players to achieve net zero emissions by 2050, as set out in the Paris Climate Agreement. Accordingly, companies communicate more and...

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SPAR Better Choices Campaign Launched By Irish Olympians

SPAR Ambassador Kellie Harrington and fellow Olympian Gary O’Donovan have joined forces to launch the new SPAR Better Choices campaign for 2023. According to the convenience retailer, the aim of...

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Poll reveals that one-eighth of Americans over 50 show signs of junk food addiction

A sizable percentage of older US consumers have an unhealthy relationship with highly processed foods, according to a new poll. The findings revealed that much higher rates of possible addiction...

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In Hungary, products containing insect proteins receive a unique label

In order to provide customers with accurate information, the Ministry of Agriculture is amending the food labeling regulation so that products containing insect proteins can be clearly distinguished and separated...

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Actors in the food economy are more optimistic than before

As expected, the value of the Takarék AgrárTrend Index continued to decrease, but only slightly, in the last quarter of 2022. At the end of the year, the profitability of...

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These are the trends that can be the key to the success of small businesses in 2023 in Hungary as well

Whether it’s managing our finances or paying a bill, we’re used to speed, efficiency, convenience and security. The same cannot always be said of the day-to-day life of small businesses,...

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In the fourth quarter, the GDP of the Eurozone rose against expectations

In the fourth quarter of 2022, seasonally adjusted GDP increased by 0.1% in the euro area and remained stable in the EU, compared with the previous quarter, according to a...

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GVH: illegal, hidden influence in online trade is spreading

Unlawful, hidden influence in online trade is spreading, based on a rapid investigation by the European consumer protection authorities, more than a third of traders manipulate consumers in the online...

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It fell in December, and retail sales in Germany decreased throughout the year

Due to significantly increased prices, retail sales in Germany began to decline in the second half of the year and already fell in December. The turnover of food fell to...

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Efficiency increasing to the extreme

Today’s challenges, such as growing motor fuel and energy prices, inflation, supply problems and the drop in consumption make many actors in retail and wholesale trade review their operations. Let’s...

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