Market News
More than three quarters of Hungarians are open to buying used products online
77 percent of Hungarians are open to buying used products online, 64 percent have already bought them on the Internet, and 8 percent are sure that they will make such...
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LG established a research and development subsidiary in Vietnam
The Vietnamese R&D center of LG Electronics (LG) has officially become a research and development subsidiary: the purpose of the decision is to strengthen LG’s fast-growing electric vehicle business. The...
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Inflation slowed in Italy, but food prices rose
In Italy, consumer prices rose by 9.1 percent year-on-year in February, after a 10 percent increase in January, the Italian statistical office, Istat, announced on Thursday. February 2022 is the...
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Trenkwalder: 55 percent of employees in the private sector expect their financial situation to deteriorate this year
At the beginning of the year, 55 percent of the employees working at enterprises received a salary increase, the amount of the increase did not exceed 10 percent for almost...
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The island of Capri inspired Peroni’s new super premium lager
Peroni is introducing an easy-to-drink lager with a Mediterranean feel to it, in line with trends. The characteristic taste of Peroni Nastro Azzurro Stile Capri is made even more unique...
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Businesses can expect dramatic consequences: without conscious relationship building, they would lose nearly a third of their corporate clients
In the current uncertain and crisis economic situation, the role of all tools that can bring extra income to businesses is appreciated. The power of conscious and professional business relationship...
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Many tools help the new agrarian generation to prevail
Agriculture is a sector of strategic importance, and generational change is key in aging agriculture, and the government supports it with a number of tools – it was said at...
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A food subsidy program after the price cap? This proposal was also raised
Two politicians from the Jobbik-Conservatives demanded the end of the price cap system and the launch of a national food subsidy program to help people buy healthy, preferably domestic, products...
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Less wine sold in Germany
Households in Germany bought 10 per cent less wine last year, the German Wine Institute in Düsseldorf reported ahead of ProWein trade fair (19-21 March). According to the analysis by...
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Crop production: There is no future without the use of new technologies
In plant cultivation, the farmers, taking advantage of the support opportunities, began to invest heavily in machinery. As part of the call for tenders for the purchase of precision machinery,...
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Migros Tests Self-Driving Delivery Service In Switzerland
Swiss supermarket chain Migros has launched a trial of an autonomous delivery service, entitled Migronomous. The self-driving, electrically powered vehicle, developed in association with local start-up Loxo and Schindler, is currently...
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Doritos partners with Burger King to launch new Whopper flavour
Doritos has partnered with Burger King to launch brand new Flame-Grilled Whopper flavoured tortilla chips. The collaboration’s snack claims to ‘taste deliciously close’ to the fast food chain’s signature burger,...
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The government condemns and opposes all forms of introduction of local land taxes
The Ministry of Agriculture and the government stand by the Hungarian farmers and therefore condemn and oppose all forms of the introduction of local land taxes, said the Minister of...
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The EP adopted a decree defining the new target values for the capture of carbon dioxide
The European Parliament adopted the new regulation, which introduces new target values, among other things, by 2030, it envisages a 15 percent higher rate of carbon dioxide absorption than the...
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The consortium led by Sole-Mizo develops special-purpose food and formula ingredients with support
The consortium led by Sole-Mizo Zrt. is developing milk protein-based, special-purpose food and formula ingredients with the use of HUF 996.44 million in non-reimbursable support from the European Union. In...
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Márton Nagy: we are on the right track in reducing inflation
As the government indicated in advance, inflation peaked in January, and in February it started to moderate, the Minister of Economic Development told Világgazdaság. According to Márton Nagy, all of...
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BKIK is putting together a package of recommendations on the management of repo loans
The Budapest Chamber of Commerce and Industry (BKIK) is putting together a professional self-regulatory package of recommendations for catering businesses to avoid mistakes related to the return of strong-walled reusable...
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The spring seasonal food chain inspection has started
From March 14, the national spring seasonal food chain inspection was ordered by dr. Márton Nobilis, State Secretary responsible for food industry and trade policy at the Ministry of Agriculture....
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The price of eggs would not go down if the price cap were introduced at the end of April
By Easter, thanks to the price cap, the average consumer price of eggs can be at a predictable level of HUF 90. Market participants do not expect a shortage, but...
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This year, the role of online sales in the food trade will continue to grow
The experts of DODO, which provides smart logistics services, expect a further increase in the proportion of online home orders within food purchases. According to the company’s own data, the...
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From now on, a regulation requires the reduction of the amount of greenhouse gases entering the air
At the plenary session in Strasbourg, the European Parliament adopted the revised rules of the joint commitment regulation, which obliges all member states to annually reduce the amount of greenhouse...
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The leaven of success in agriculture is the cooperation between sector players
We will keep our promises to the region that provides the backbone of the Hungarian nation, and we will launch unprecedented developments. All players in the sector know that “it’s...
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KSH: The production of food, beverages and tobacco products decreased by 12.2 percent
Production increased in some of the manufacturing subsectors, with the largest increase in the production of electrical equipment. Based on seasonally and working day-adjusted data, industrial output was 5.1 percent...
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Area-based additional support for young farmers in the new Common Agricultural Policy
The Ministry of Agriculture has issued information about the changes in area-based support for young farmers. In the new agricultural support system starting this year, area-based additional support for young...
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In Spain, food inflation accelerated in February
In Spain, the rise in consumer prices accelerated in February. The Spanish Statistics Office (INE) announced on Tuesday that instead of the 6.1 percent in the preliminary estimate, inflation rose...
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The agricultural logistics center in Jánoshalma was handed over
The agricultural logistics center opens up new opportunities and new paths not only for farmers, but also for the Hungarian food and processing industry – said the Minister of Agriculture...
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The decline in retail turnover moderated in the Czech Republic
In January, retail sales in the Czech Republic decreased by 7.7 percent, after 8.1 percent in December. The decline in the turnover of the Czech retail trade has thus been...
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The Croatian government presented its new package of measures to curb price increases
On Tuesday, the Croatian government presented its new package of measures aimed at curbing price increases, the total value of which is 1.7 billion euros (636.4 billion forints), and the...
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The spring seasonal food chain inspection has started
From March 14, the national spring seasonal food chain inspection was ordered by dr. Márton Nobilis, State Secretary responsible for food industry and trade policy at the Ministry of Agriculture....
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GLP has a real estate portfolio of almost 2.5 million square meters in Central Europe
GLP has doubled its portfolio in Central Europe in almost three years, so it has almost 2.5 million square meters of real estate in Poland, the Czech Republic, Slovakia and...
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