Market News

Waste management in Hungary is changing from the first of July

According to the recently published decree on the extended producer responsibility system, many tasks are assigned to the companies concerned – EY drew attention in a statement sent to MTI...

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French Retailer Auchan To Open Private-Label Store In Russia

French retailer Auchan plans to open a new store in Russia selling almost exclusively private-label products, doubling down on its presence in a market that many other Western retailers have...

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Rough change in EU invoicing: companies will have only two days to issue and upload online

Real-time monitoring of invoice transactions is no stranger to Hungarian businesses, but it will not be the biggest challenge in the EU legislative package, which will be introduced in several...

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When buying plants online, you need your passport!

Distance selling of plants intended for planting is only permitted with a plant passport, which proves that cultivation and production took place in compliance with plant health requirements. In addition...

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A working group examines the effects of Ukrainian grain

A chamber working group is being formed to investigate the crop market crisis caused by Ukrainian grain, the National Chamber of Agrarian Economy (NAK) told MTI on Monday. In the...

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Warm Weather To Impact Fruit And Vegetables Supply In 2023, REWE Says

Unpredictable weather conditions will influence the procurement of fruit and vegetables in 2023, according to Markus Bobenhausen, senior buying director at REWE Group. Bobenhausen added that lettuce, soft fruit, peppers...

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Kellogg snack business to be named ‘Kellanova’ after cereal unit spin-off

Kellogg Co’s global snacking business will be called “Kellanova” following the spin-off of its North American cereal unit, the packaged food giant said on Wednesday, as the company splits itself...

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In the case of imports, this must be taken into account when handling cattle passports

Incompletely completed or hard-to-read cattle passports result in increased administration time in the case of cattle imports. Nébih draws the attention of those concerned to check the documents more carefully...

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Tourists returned to Paris last year, but their number was still below the level before the coronavirus epidemic

Last year, more than 44 million tourists visited Paris and its surroundings, the Ile-de-France region, which is a 95 percent increase compared to 2021, but is still 13 percent below...

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Because of Easter, retail sales can be up to 30-40 percent higher

Although the increase in food prices makes customers think twice about what to put in their baskets, seasonal products are expected to sell well this year as well. In the...

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K&H: The EP poured clean water into the glass

The European Parliament decided to further reduce the amount of greenhouse gases entering the atmosphere. Based on this, Hungary must reduce emissions by almost 20 percent by 2030. “The decision...

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We can expect horror prices when it comes to Easter ham

The supply will be plentiful, but the prices will be high among Easter hams. Real wages have been falling for four months now, which has a spectacular effect on the...

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The EU is tightening up: it is no longer enough for companies to “look green”

Analysis of BDO Magyarország’s ESG business on changes affecting the field of sustainability. The EU’s expectations in the field of sustainability (ESG) are apparently getting stricter in line with this,...

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Trappist used to be the most affordable cheese, but that’s over

Once upon a time, Trappist was the cheese that everyone could afford, but today mozzarella, Emmental or Gouda are no more expensive – does it even make sense to lower...

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Inflation eased, but food prices still rose the most in the euro area

Inflation slowed down in the euro zone in February, the statistical office of the European Union announced on Friday. According to Eurostat’s final data, annual inflation in the euro area...

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Alexandra Szentkirályi: The government launched a tender of 4.5 billion for smaller butcher shops

The fact that energy prices have skyrocketed due to the war in Ukraine and “the failed Brussels sanctions” also causes problems for smaller butcher shops, which is why the government...

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Mihály Varga inaugurated the gluten-free pasta production plant of Civita Group Zrt., a family business

The Hungarian economy is built on persistent, committed families and strong businesses, the Minister of Finance said on Friday in Monostorpályi, Hajdú-Bihar County, where he inaugurated the family-run Civita Group...

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An important milestone is the presentation of the joint research plans of the Bioeast countries

The BIOEAST initiative with the participation of 11 Central and Eastern European ministries of agriculture presented its macro-regional research and innovation agenda in Warsaw. The proposal formulates the common knowledge...

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Almost half of the members of Generation Z want a tech career

In Hungary, the digital economy provides job opportunities for almost every fifth employed person, but even with this, our country is one of the leaders on the continent in terms...

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Sunday shop closures will return here in Croatia from July

Most shops in Croatia – with a few exceptions – will be open on a maximum of 16 Sundays a year after the Croatian parliament voted on the relevant legislation...

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The Telekom Digitalization Consulting program for SMEs is launched

Telekom’s Digitization Consulting program for SMEs will be launched in March, within the framework of which it helps SME customers with management consultation, online marketing consulting, as well as financial...

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Hellmann’s launches Smart Jar campaign to tackle food waste

Hellmann’s has launched a specially designed jar of mayonnaise that tells consumers when their fridge is at the right temperature. Created with Ogilvy UK, the new ‘Smart Jar’ looks to...

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Hungarians are looking for all-inclusive services

Summer bookings have started, the number of which was already very encouraging in January, reports Turizmus Online. Hungarian travelers looking for an average 7.6-day vacation spend an average of 980...

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Nébih: the distributor recalled whole grain flour

The National Food Chain Safety Office (Nébih) informed MTI on Friday that the whole wheat flour of the Bauck Hof brand was recalled by Bio Partner Kft. due to high...

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Food chain safety is in everyone’s interest

Beáta Olga Felkai emphasized that more than 70% of people trust the work of the National Food Chain Safety Office (Nébih), whose quality is considered stable. The 2022 short summary...

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Four in 10 consumers will buy food made through precision fermentation

Consumers are open to food made through precision fermentation, a study Hartman Group conducted in partnership with Cargill and Perfect Day found. Even when adults are not familiar with precision...

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Coop Trading Launches New Design For Own-Brand Products

Coop Trading has announced that it is updating the packaging design of its private-label products to create a uniform look for the brand in Sweden, Norway, Denmark and Finland. The...

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The Croatian government has limited the prices of some basic foodstuffs

At its meeting on Thursday, the Croatian government adopted its fourth comprehensive package of measures designed to alleviate the crisis caused by the rise in the cost of living, with...

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KPMG Global Tech Report: digitalization has caught on for companies, but they are gathering strength before the next round

Companies would need competent data analysts and software engineers, as nowadays the lack of professionals makes the application of digital technologies the most difficult. Among other things, this is established...

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There was a huge increase in mobile payments in 2022

K&H’s smart device solutions ended last year with spectacular growth. The retail customers of the financial institution completed 250 percent more transactions with Google Pay, Apple Pay, Garmin Pay and...

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