Market News
The Hungarian Logistics Association and Trenkwalder concluded a cooperation agreement
On March 9, the Hungarian Logistics Association (MLE) and Trenkwalder signed an agreement on strategic cooperation at a conference jointly organized by the two parties. The highlight of the event...
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Organic 2.0
The US Department of Agriculture National Organic Program (NOP) issued the Strengthening Organic Enforcement (SOE) Act in January after publishing the proposed rule two years earlier. The new rules governing...
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Delhaize to sell all Belgian stores
Belgian supermarket chain Delhaize has announced it wants to sell all its integrated supermarkets in Belgium to independent franchisers. In doing so, the chain aims to become more profitable in...
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Carlsberg Group Plans To Expand Regenerative Barley Usage Across Brands
Carlsberg Group has announced that it is making progress on its goals to transition towards regenerative farming across its global supply chain. The Danish multinational brewer said it is ‘taking...
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A publication presenting the details of the Agro-ecological Program has been published
The Agro-ecological Program (AÖP) is perhaps the most important new support element of the I. pillar support framework defined by the Strategic Plan of the Common Agricultural Policy (KAP) starting...
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Booming vegan beauty product market
In 2021 The Vegan Society published a study in the United Kingdom, which found that 56% of shoppers would like to see more vegan-verified cosmetic and toiletry products in shops....
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This year is all about values: food and drink trends in 2023
Plant-based food: ups and downs According to Forbes, the 10% drop in meat substitute sales, together with the price of shares in Beyond Meat falling from USD 108 to 12,...
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Aldi and Lidl have reduced their prices, Tesco and Spar are choosing a different path
While Aldi and Lidl are constantly reducing the prices of some of their products, Tesco and Spar do not see this as a good strategy, at least not directly, vg.hu...
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The price of beer doubled
In the case of lager-type beers, the prices of lager-type beers in Hungary rose the most in the entire European Union. The rate of beer price increase was twice as...
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The sale of genetically modified ornamental fish is prohibited and can result in fines of millions
Nébih confirmed the sale of genetically modified (GMO) ornamental fish in several pet stores across the country. Proceedings have been initiated against the companies concerned, and they can expect fines...
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The Green Future Research Center started operating at the University of Debrecen
Biodiversity, Climate Change, which was established a year ago at the University of Debrecen (DE) and is now starting its activities, investigates biodiversity in international cooperation – the diversity of...
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The companies using the Hungarian Product trademark system had a big break
The total revenue of companies using the Magyar Termék trademark system exceeded HUF 2,650 billion last year – said the managing director of Magyar Termék Nonprofit Kft. on Thursday in...
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Farmers can use three times more resources for investments
We are committed to continuously increasing the competitiveness of agriculture and the food industry and to protecting the environment – stated Minister of Agriculture István Nagy at the farmers’ forum...
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Creative ideas and innovative solutions were awarded at the “Live Communication Awards” of UNICEO in Hungary
For the fourth year in a row, the Geneva-based international association is announcing the “Live Communication Awards” competition in Hungary to recognize “live communication” solutions that fit the strategy of...
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The future of the industrial vegetable sector is promising
Zsolt Feldman stated that the annual funding for sweet corn and green pea-related production support will increase significantly, from 11.1 million euros to 15.6 million euros, so the additional support...
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One of the European centers of pet food production is located in Bük
The pet food that rolls off the most modern production lines and is also produced with domestic grain reaches the four-legged pets living in more than 40 countries around the...
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Economic Impact Of Overweight And Obese People To Surpass $4 Trillion By 2035, Study Finds
The World Obesity Federation has published its World Obesity Atlas 2023, which predicts that the global economic impact of overweight and obese people will reach $4.32 trillion (€4.04 trillion) annually...
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Aldi Süd Announces Price Reductions On Fruit and Vegetables
Aldi Süd has announced it has reduced the prices of select fruits and vegetables in all 2,000 of its stores in Germany, commencing 6 March. The move comes after Aldi...
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Agrometeorology: nature is not much ahead of its time
This year, nature is not much ahead of its time, the autumn crops are typically in good condition, but more and more rain is expected in many places – the...
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Logistics Association: 2022 was a record year in the industrial and logistics real estate market
The Hungarian industrial and logistics real estate market closed a record year in 2022 based on the volume of rentals, new developments and investments in the countryside – the Association...
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Nestlé adds Kit Kat Cereal to breakfast lineup in the UK
Nestlé is aiming to shake up the breakfast category with its latest innovation, Kit Kat Cereal. The NPD is set to hit retailers from mid-April, bringing the chocolate bar to consumers’ morning...
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A new peat humate plant was handed over in Mezőkövesden
The establishment of the peat humate plant of Agriturf 2022 Zrt. also proves that there are good answers to the difficulties and challenges of the past years in agriculture, said...
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Next year, those traveling to Great Britain from currently visa-free countries will also need an entry permit
Next year, those travelers who can currently travel to Great Britain without a visa will also have to obtain an entry permit, the British Home Office announced on Thursday. This...
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KSH: in February, prices increased by 25.4 percent compared to the same month of the previous year
In February of this year, consumer prices were on average 25.4 percent higher than a year earlier. In the past year, household energy and food prices have risen the most,...
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FAO: global food prices fell modestly in February
Food prices on the world market decreased moderately in February compared to January. According to data on the website of the Food and Agriculture Organization of the United Nations (FAO),...
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Inflation decreased to 25.4%
Inflation moderated to 25.4% in February after the peak of 25.7% in January, which was primarily caused by the drop in fuel prices in February, on the other hand, the...
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This year’s Value and Quality Grand Prize application was announced
This year’s Value and Quality Grand Prize application was announced in more than 100 topics of 45 main groups in the field of economy and culture. Applications for the certificate...
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Companies used inflation to increase their profits, according to ifo’s analysis
In the fourth quarter of last year, it was also observed that some companies raised their sales prices more than justified by the increase in purchase prices in order to...
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In Germany, retail sales decreased in January
In Germany, retail sales decreased in January, both year-on-year and month-on-month. The German Federal Statistical Office (Destatis) announced on Wednesday that, calculated with calendar and seasonal adjustments, retail sales decreased...
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Eurozone GDP stagnated in the fourth quarter
The gross domestic product stagnated in the fourth quarter of the euro area compared to the previous quarter, the statistical office of the European Union, Eurostat, announced on Wednesday. According...
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