Market News
The 81st OMÉK will be held in Budapest in mid-October
Between October 20 and 22, the National Agricultural and Food Industry Exhibition and Fair (OMÉK) will be organized for the 81st time by the Ministry of Agriculture together with the...
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GVH negotiated with the food industry and trade professional organizations to combat inflation
The Economic Competition Authority (GVH) held a consultation with seven food industry and trade professional organizations and representatives of the Ministry of Agriculture regarding its proposals aimed at reducing inflation...
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K&H: the monthly cost of living for Hungarians has increased by HUF 10,000
Monthly living expenses have grown much more than incomes, according to the K&H Safe Future survey, which examined the situation of the 30-59 age group. 92 percent of respondents spend...
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The exchange of drinking water is on its way to Ukraine
The Waste-Free Tisza program was established by the Tisza PET Cup, the National Water Directorate General, with the support of The Coca-Cola Foundation – the global foundation of The Coca-Cola...
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The development of the food industry cannot stop, according to the vice president of NAK
The development of the domestic food industry cannot stop despite difficulties not seen for decades – said the national vice-president responsible for the food industry of the National Chamber of...
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Lidl and Bioland: 5-year partnership expands further
Lidl and Bioland, one of the biggest organic food associations in Germany, have announced the expansion of their partnership, which commenced back in 2018. Bioland guarantees the full organic conversion of...
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Amazon increases fulfilment fees in Europe
Amazon has raised the costs of its multichannel fulfilment service. The new fees are in effect for European sellers from April. According to the e-commerce giant, the increase is the...
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VAN VOSZ VÁLASZ: Is it possible to reduce inflation and interest rates together?
A high inflation and high interest rates hinder business development, economic growth, and catching up. To sustain businesses and promote economic development, it is essential to reduce inflation and interest...
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Are health and wellness subscriptions the next frontier for grocers?
Hy-Vee and Amazon have recently ventured into memberships that bundle wellness services, and sources say other grocers will likely follow suit. Last week, Hy-Vee unveiled a health and wellness subscription...
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MTÜ: Outstanding foreign guest traffic in the first four months of the year
In the first four months of the year, Hungarian accommodation providers submitted data on nearly 9 million guest nights to the National Tourist Information Center. This represents a 3% increase...
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The GVH negotiated with the food industry and trade professional organizations on the reduction of inflation
The Economic Competition Authority (GVH) held a consultation with seven food industry and trade professional organizations and representatives of the Ministry of Agriculture regarding its proposals aimed at reducing inflation...
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Carrefour Brazil To Sell Some Stores And Distribution Centres
Carrefour Brazil has entered into exclusive negotiations with real estate investment and management company, Barzel Properties, for the sale of five distribution centres and five stores owned by the company....
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Unilever Named Official Sponsor Of FIFA Women’s World Cup 2023
FIFA has announced Unilever personal care brands as official sponsors of the FIFA Women’s World Cup Australia & New Zealand 2023. The partnership will run through to 2027 and will...
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Delta Systems Ltd. became an official system integrator of Apple products
The 100% subsidiary of Delta Technologies Nyrt. was one of the first to obtain AAR (Apple Authorized Reseller) certification as a system integrator. In order to provide more effective domestic...
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EuroShop – international trends in the retail and POP trades
EuroShop in Düsseldorf is the biggest retail and POP themed trade show in the world, which is organised every third year. Writers: Kátai Ildikó és Kolonics Attila This article is...
Read moreEU forecast: prospects for the European economy are improving
Despite the persistently challenging global environment, economic prospects are improving, the European economy continues to show resilience, the European Commission wrote in its spring economic forecast published on Monday. Economic...
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This year there will also be a hungaricum competition
With a budget of HUF 450 million this year, the Ministry of Agriculture is announcing the hungarikum tender in three target areas: making publications, organizing contests, and preserving the culture...
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Walmart tries to lure economising shoppers with affordable Easter meals
In the USA Walmart is offering Easter meals and bundles at affordable prices, hoping that more customers will visit its stores at a time when egg prices have skyrocketed, and...
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Dole rolls out dessert range
Dole Sunshine Company has launched a Fruit & Cream dessert range, combining sun-ripened fruit with plant-based cream. The new range is gluten-free, halal and vegan, and it is available in...
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An unexpected phenomenon has developed in the office market due to the home office
In Germany, the proportion of unused office workstations has almost tripled since 2019 due to home working, which was introduced more widely in 2020 due to the coronavirus and has...
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The (not so) sweet life
Rising production costs have left their mark on the confectionery market, but the good news is that there has been no major contraction, as giving gifts and rewarding ourselves don’t...
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NAK: soil moisture may be sufficient for the development of summer plants
The rains of the next few days can provide the moisture needed for the development of summer plants in the upper layer of the soil, the National Chamber of Agricultural...
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A military logistics demonstration day was organized again
The Hungarian Logistics Association (MLE) held a career orientation military logistics demonstration day in cooperation with the Reserve Training and Support Command of the Hungarian Armed Forces on May 10...
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KSH: the increase in agricultural purchase prices slowed down in March
In March, the increase in agricultural producer prices slowed by 21.9 percentage points: purchase prices were on average 5.1 percent higher than a year earlier, compared to the 27.0 percent...
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Supermarkets outscore Amazon in online grocery satisfaction poll
Supermarkets outscored Amazon as well as mass merchandisers Walmart and Target in a recent online grocery satisfaction survey conducted by The Feedback Group. Supermarkets scored 4.40 out of five points...
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Britain’s Sainsbury’s Cuts Price Of Bread And Butter
Sainsbury’s, Britain’s second largest supermarket group, has cut the price of bread and butter, in another sign that a surge in food inflation is set to abate and even reverse...
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This year, the Ministry of Agriculture is also announcing the hungaricum tender
This year, the Ministry of Agriculture is announcing the Hungarikum tender with a budget of HUF 450 million in three target areas: creating publications, organizing contests, and preserving the culture...
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Pernod Ricard Takes Stake In Technology Startup ecoSPIRITS
Spirits firm Pernod Ricard has taken a minority stake in ecoSPIRITS, a circular economy technology startup, which focuses on low carbon distribution systems for the drinks industry. ecoSPIRITS is an...
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An EU decree entered into force regarding the ban on the import of Ukrainian agricultural products
On Saturday, the EU decree came into force, which replaces the national decrees in the matter of grain imports from Ukraine, the Minister of Agriculture announced at a press conference...
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