Market News
Five and a half billion forints will go to ewes farmers
The payment of subsidies for ewes related to production has begun. The support financed by the European Union will be paid to more than 7,000 sheep farmers in the amount...
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Green hydrogen – sustainable future
Procter & Gamble (P&G) is dedicated to sustainable business operations and technological development. One of the company’s main objectives is to reach zero greenhouse gas emissions by 2040, in its...
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The government is expected to extend the price freeze by 3 months
If the government is waiting for inflation to drop appreciably, it will only happen in the second half of the year. Therefore, it is not out of the question that...
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The expectations of German beverage manufacturers stand out from the food industry
German industry’s export expectations improved slightly in March, according to a survey published on Tuesday by the ifo economic research institute of the University of Munich. The mood among German...
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The payment of subsidies related to Natura 2000 grasslands begins
By the end of the month, farmers will receive funds worth about HUF 12.5 billion through support related to Natura 2000 grasslands – announced Zsolt Feldman, the State Secretary responsible...
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KSH: the gross average earnings are the lowest in the hospitality sector
In January 2023, the gross average salary of those employed full-time was HUF 528,000, and the net average salary calculated with allowances in mind was HUF 363,900. The gross average...
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NAV: 1,050 packs of cigarettes with Bulgarian stamps were found in a van
Employees of the National Tax and Customs Administration (NAV) found 1,050 packs of cigarettes with Bulgarian stamps hidden in a van. According to NAV’s announcement on Tuesday, tax inspectors checked...
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Common thinking, aka food waste from a European perspective
The EU has put together a package of proposals related to reducing food waste with the involvement of EU citizens. Two Hungarian citizens participated in the creation of the 23-point...
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The payment of 2022 mitigation benefits will begin
On March 28, 2023, the Hungarian State Treasury (hereinafter: the Treasury) started paying damage mitigation benefits within the framework of the agricultural risk management system. Within a few days, the...
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Carrefour Hypermarket Awarded ‘Anti-Food Waste’ Certification
Carrefour’s hypermarket in Montesson has been awarded an ‘anti-food waste’ certificate by Bureau Veritas following an audit of the store and the group’s headquarters. The retailer claims to be the...
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Budapest press event to promote the consumption of European vegetables and persimmons
The “MEDITERRANEAN COMBO” information campaign aimed at promoting the consumption of European fruits and vegetables is entering a more active phase in Hungary. The second promotional press event of the...
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The 10 fastest-growing drinks brands on Instagram
It may not be easy to stand out in a crowded field, but the 10 fastest-growing drinks brands on social media have encountered a winning formula when it comes to engaging their followers...
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Guinness Maker Diageo Appoints Its First Female CEO
DiageoPLC named Debra Crew as its next chief executive, tapping an internal candidate to succeed longstanding leader Ivan Menezes at the helm of the alcoholic beverage company. The London-based maker...
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The Romanian and Polish prime ministers urge an EU solution to the issue of Ukrainian grain flooding the internal market
Both Romania and Poland are waiting for a solution from the European Commission (EC) in the case of Ukrainian grain exports that are flooding the EU market duty-free and putting...
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The biggest food saving restaurants and shops
Globally about 1.4 billion hectares of land – that is 30% all the agricultural land available – is used for producing food that isn’t eaten. Food waste is the biggest...
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The government provides all support to domestic companies wishing to invest in Uzbekistan
The conditions for the development of economic cooperation between Hungary and Uzbekistan have been secured, the government will provide all support to domestic companies wishing to invest in the Central...
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Nébih has published information on the involvement of evaluation organizations related to plant protection products
Nébih has published on its website information about the involvement of evaluation organizations involved in the procedures for the licensing of plant protection active substances and plant protection products, as...
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Protecting pollinators is our common duty
Agriculture Minister István Nagy and Slovenia’s ambassador Marjan Cencen drew attention to the protection of pollinators and the preservation of biological diversity by planting trees together. The head of the...
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Agricultural relations between Georgia and our country are getting stronger
There are great opportunities in the agricultural cooperation between our country and Georgia, a strategic partnership between the two nations was not created by chance – stated Minister of Agriculture...
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A new energetic approach is also needed in agriculture
Energy problems are also a serious challenge for those active in agriculture and the food industry. The National Chamber of Agrarian Economy (NAK) wanted to help its members in this...
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Most Valuable Brands In Germany Revealed: Kantar
Kantar has unveiled its BrandZ Top 50 listing of the most valuable brands in Germany. A number of retailers feature in the BrandZ Top 50 for Germany, with the discounters...
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Hungary is the most important horseradish producer in the European Union
Hungarian horseradish is in demand abroad, and cultivation is basically concentrated in one district. Feel free to choose the domestic horseradish from the excellent quality horseradish for the Easter festive...
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In 2022, online stores received prosecutorial warnings 150 times
More than 95 percent of counterclaims were filed against companies operating online stores, and in 80 cases the procedure of the consumer protection authorities was directly initiated – Napi.hu learned...
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GKI economic sentiment index rose markedly in March
Both business and consumer expectations improved significantly in March, with GKI’s economic sentiment index rising for the fifth month in a row. According to a survey conducted by GKI Economic...
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The National Park Administration of Kiskunság is renovating indigenous animal farms
The Kiskunság National Park Administration is spending nearly HUF 500 million in European Union support to renovate indigenous animal farms and purchase equipment and machinery, the organization told MTI. Mónika...
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On average, a scoop of ice cream will cost HUF 500 this summer
Ice cream has become more expensive this year. The Confectionery Industry Council expects a 10-15 percent increase in price compared to last year, primarily due to the rise in energy...
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Economic activity in the euro area picked up more than expected
The economic performance of the euro area improved to a greater extent than expected in March, but this can be attributed almost exclusively to business activity in the service industry,...
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Potatoes were put to the test at Supermenta
The Supermenta packaged potato product test has already revealed that commercially available potatoes are safe. As a continuation of the test, the specialists of Nébih carried out further tests. They...
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The Agricultural Innovation Awards were presented
In addition to recognizing the exceptional performance of domestic innovators, it is important to make society aware that without creative people there is no progress, competitive economy, competitive society, i.e....
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Tips for a thrifty holiday without leftovers
Spring greeted us with the chirping of birds and the smell of flowers, and the preparation for Easter will soon begin: at this time, families spread the table with more...
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