Market News
2023 could be the year of claims management
During debt management, debtors who pay poorly or do not pay at all are again encouraged to repay, which now has many methods and tools. As a rule, financial institutions...
Read more
There is serious confusion on the domestic grain market, is Hungarian bread still Hungarian?
So far, more than 1.3 billion tons of grain and oilseeds of dubious quality – of which 900,000 tons are corn – have arrived in our country from Ukraine. Due...
Read more
Tesco launches plant-based tea bags to tackle plastic waste
Tesco is set to launch plant-based tea bags to allow shoppers to compost these items through kerbside food waste collections. To overcome any recycling confusion, the leading retailer will also...
Read more
EU To Prepare Law To Help Its Green Industry
The European Union will prepare a law to make life easier for its green industry and back it up with state aid and a European Sovereignty Fund to keep firms...
Read more
RXBar debuts clean-label granola clusters
RXBar now sells pouches of clean-label “No B.S.” granola. RXBar is bringing its own branding to this category, putting many of its ingredients on the front of the package so...
Read more
The irrigation development and education investment in Szarvas was handed over
The Irrigation Development Demonstration Farm and Training Center in Szarvas, Békés County, which was implemented with HUF 800 million, was handed over on Tuesday. Csaba Gyuricza, rector of the Hungarian...
Read more
Euromonitor reveals top 10 global consumer trends in 2023
Global market research company Euromonitor International has released its landmark “Top 10 Global Consumer Trends 2023” report on January 16. Euromonitor’s annual report aims to help organisations stay ahead of...
Read more
The NETA change is a relief for export-oriented producers
Thanks to the notification of the National Chamber of Agricultural Economy, the obligation to pay the public health product tax for food industry enterprises that sell for export and domestically...
Read more
Onions may get crazy expensive
At the beginning of January, the wholesale price of bagged onions increased, which could be a harbinger of further price increases. There are much less onions this year than at...
Read more
Debate on deforestation: Indonesia and Malaysia clash with “protectionist” EU over palm oil policy
Indonesia and Malaysia join forces against new EU regulation on deforestation. Two of the world’s top palm oil producers say the EU directive would reduce the amount of palm oil...
Read more
Turkish-Hungarian relations can be strengthened in the food industry and tourism
Minister of Economic Development Márton Nagy received Turkish Minister of Industry and Technology Mustafa Varank in his office on Monday – the Ministry of Economic Development informed MTI about the...
Read more
Fat bread is slowly becoming a real luxury: the price of both fat and bread has risen by 100 percent
Not only did the price of fat and bread increase drastically in one year, consumer prices were 24.5 percent higher in Hungary by December 2022 than in the same period...
Read more
American peanuts: the formula for success
Peanuts are part of our lives not only in the form of snacks or peanut butter, but also as a source of protein, as they and their derivatives offer many...
Read more
Hungarians don’t skimp on eating meat
People are willing to save on utilities, but only a few are willing to save on meat, according to a representative survey conducted by the Human-Environment Transaction Institute of ELTE...
Read more
The increase in the price not only of food, but also of raw materials was much higher than in other EU countries
Inflation broke decade-long records in most European countries last year, a substantial part of which was caused by the increase in the price of food. And food inflation can largely...
Read more
Cocoa cultivation cannot be sustainable without systemic changes
CPGs are not doing enough to ensure that growers who supply the ingredient are paid fairly, argued the Voice Network’s biannual Cocoa Barometer report. In a report released last month,...
Read more
The stakes are even higher in the 2023 program of Samsung and EdisonKids
Samsung and EdisonKids invite Hungarian youth to future planning and creative problem solving. The challenge, launched for the third time this year, is a unique opportunity for students to collaborate...
Read more
One in five opting for non-alcoholic beers as drink of choice, Budweiser research finds
One in five (21%) of people would opt for non-alcoholic beer as their drink of choice at a social event, new research has found. According to a report from the...
Read more
New checkout concept at Aldi Süd in Germany
Cash registers with double slides will make shopping in Aldi Süd stores more efficient and pleasant in the future. The concept has recently been tested in 30 stores in Germany...
Read more
High egg prices have shoppers boiling
Eggs have recently made the headlines for both an acute shortage of the supermarket staple along with skyrocketing prices across the country. Egg prices rose more than 11% in December...
Read more
These 40 products rose in price the most in Hungary
Hungary’s 24.5 percent inflation, which is a record within the European Union, is mainly seen in the area of food and utilities: according to the Central Statistical Office, food (44.8...
Read more
Tamás Éder: Assistance to butcher shops is not a lasting solution
According to Tamás Édes, president of the Hungarian Meat Industry Association, it is a serious problem that the demand for meat has decreased due to inflation, while the costs of...
Read more
Nestlé will create 250 new jobs in Bük with an investment of HUF 140 billion
With a HUF 140 billion capacity expansion investment, Nestlé Hungária Kft. will create 250 new jobs at its Büki site, Minister of Foreign Affairs and Trade Péter Szijjártó announced on...
Read more
Inflation accelerated to 24.5%
Significantly below expectations, inflation jumped to 24.5% in December, which was primarily caused by the cancellation of official fuel prices, but the rise in food prices also continued to accelerate....
Read more
Despite rising food prices, the German economy “held up well”
According to the first estimate of the German statistical office, the German economy grew slightly more than experts expected last year mainly due to the positive consequences of the catch-up...
Read more
From Sunday, you can only pay in euros in Croatia
Croatia joined the Eurozone on January 1st, and after the two-week transition period, payments can only be made in euros in the country from Sunday, wrote the Croatian daily Vecernji...
Read more
This is how the rules on the inheritance of agricultural land changed
From January 1, 2023, new, special regulations came into force based on a law adopted in 2021. The new regulation, effective from January 1 of this year, applies only to...
Read more
OTC products is a booming category
ültek még inkább előtérbe. A szegmens szárnyalása folyamatos, annak ellenére, hogy a szinte minden kategóriát érintő alapanyaghiány ezt a területet sem kímélte, ami főként a termékek csomagolásában hozott kisebb-nagyobb változásokat....
Read more
The durable and transparent packaging is the winner – results on the soup paste dry pasta Product sample
We asked the reviewers during the soup paste dry pasta Product Sample how important they consider packaging and presentation when buying pasta, and also on what basis they choose the...
Read more
Agro-Ferr Kft. increases its production with the help of support.
Agro-Ferr Kft. is increasing its production by about 10 percent this year, and plans to produce six million liters of milk by the end of the year. The family business...
Read more