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Market News

Germany’s new Supply Chain Due Diligence Act and its impact on Hungarian suppliers
Date: 2023-02-19 15:32:54

As of 1 January 2023 a new Supply Chain Due Diligence Act came into effect in Germany, which requires companies to audit their suppliers according to a certain set of...

The US Food and Drug Administration recommends that plant-based milk replacer drinks can be sold as milk
Date: 2023-02-19 15:05:35

The U.S. Food and Drug Administration recommends that plant-based milk replacer drinks be labeled “milk” by manufacturers. The organization of dairy enterprises is protesting. According to a draft rule issued...

Dávid Hollósi: The price increase may stop, but food will not become cheaper
Date: 2023-02-19 12:21:43

Dávid Hollósi, the managing director of the agricultural and food industry business of MKB Bank and Takarékbank, revealed in a recent interview for Index that the rate of growth of...

László Perlusz: thousands of businesses in retail have closed, tourism and hospitality are in a difficult situation
Date: 2023-02-17 12:08:20

László Perlusz, the Secretary General of VOSZ, spoke about his entrepreneurial prospects in 2023 in an interview with InfoRádio. He is fundamentally optimistic, but considers it important that “it is...

Competition Office: there is a difference between the content of “green” advertising messages and the consumer’s interpretation
Date: 2023-02-17 11:00:03

In many cases, there is a difference between the real content of the sustainability advertising messages of Hungarian businesses and their consumer interpretation based on the rapid investigation of the...

About HUF 340 million was spent on technological modernization at two sites of HFI Kft
Date: 2023-02-17 10:52:09

HFI Kft., which mainly deals with vegetable processing and preservation, has modernized and expanded its capacity at two locations by purchasing equipment and building a hall for about HUF 340...

A new type of cabbage is trendy now in Europe, the demand for it is huge
Date: 2023-02-17 10:39:23

The new, pointy and purple type of cabbage referred to as “violetti” was created a few years ago by Dutch breeders by crossing the traditional pointed cabbage and a red...

The French may also have a food price freeze
Date: 2023-02-17 10:31:19

Sorry, this entry is only available in HU....

KAP support conditions can be met for all farmers
Date: 2023-02-17 10:30:12

In exchange for the subsidies, the rules of the new Common Agricultural Policy lay down more pronounced environmental and climate protection requirements compared to previous years, thereby encouraging agricultural practices...

It has been revealed who became the agrarian of the year in 2022
Date: 2023-02-17 10:00:00

István Papp, the owner and managing director of Hajdúhús 2000 Kft. in Debrecen, became the agriculturist of the year in 2022 – the organizer Agrotrend Group announced to MTI on...

Continente Launches Vegan Alternative To Yoghurts
Date: 2023-02-17 09:51:14

Portuguese supermarket chain Continente has launched a new product range, Vegegurtes, a new vegan alternative to yoghurts that forms part of the retailer’s ‘Powered by Plants’ offering. The new, 100%...

A new whiskey superpower is being built in Europe
Date: 2023-02-17 09:33:35

The number of distilleries producing whiskey in Germany has increased in the recent period. Today there are many more distilleries making spirits than in Scotland. After the Second World War,...

Coop 365discount Urges Danish Government To Cut VAT On Fruit & Vegetables
Date: 2023-02-17 09:32:14

Danish retailer Coop 365discount has urged the country’s Minister for Food, Agriculture and Fisheries, Jacob Jensen, to reduce VAT on fresh fruit and vegetables. The retail chain, which is part...

Work, knowledge, openness – this is the key to success in agriculture
Date: 2023-02-17 09:30:43

The future belongs to knowledge-based, professional agriculture, success requires the application of new technologies, openness and knowledge – stated Zsolt Feldman, the State Secretary responsible for agriculture and rural development...

American producer prices rose more than expected in January
Date: 2023-02-17 09:17:35

The American producer price index rose more than expected in January, according to the statistics institute of the Washington Department of Labor, the U.S. Based on Thursday’s report from the...

Cadbury launches first non-HFSS range
Date: 2023-02-17 09:02:59

Mondelēz has launched Cadbury’s first-ever range of non-high in fat, salt or sugar (non-HFSS) treats, Cadbury Dairy Milk Fruitier and Nuttier. The selection features ‘trail mix’ which includes raisins, sultanas,...

The agriculture must work consistently in the next period
Date: 2023-02-17 09:00:05

Farmers can still count on the Hungarian government in 2023, together we will take up the fight against the release of production costs and market uncertainties, said Minister of Agriculture...

Survival strategies
Date: 2023-02-16 17:35:14

This year’s subtitle of the conference series “My love for trade marketing” was “Survival strategies”. The participants searched for answers to the challenges caused by inflation and the crisis with...

Onions may soon be in short supply
Date: 2023-02-16 11:30:42

In almost all European countries, onions are significantly more expensive, and it seems that the sky is the limit for prices, yet common sense suggests that there will be a...

The export of French wines and spirits broke a record last year
Date: 2023-02-16 10:02:11

The export of French wines and spirits decreased slightly in volume last year, but in value it increased by 10.8 percent to a record 17.2 billion euros, despite the increase...

Reducing GHG emissions related to animal husbandry is one of the biggest challenges
Date: 2023-02-16 10:00:04

The organization called “Animal Task Force” published the latest research results on greenhouse gas emissions linked to the livestock industry in the framework of a series of conferences organized jointly...

Walmart Pushes Back As Major Product Suppliers Ask For Higher Prices
Date: 2023-02-16 09:53:43

Walmart is warning major packaged goods makers that it can no longer stomach their price hikes, pitching its own private-label products to shoppers as less-expensive alternatives to suppliers’ name-brand goods....

Based on its price, Hungarian apples are in the middle range on the EU markets
Date: 2023-02-16 09:30:51

According to the European Commission’s apple market analysis, Polish apples are once again the cheapest among the EU countries. According to data published by DG Agri on February 10, the...

Trans-Sped Kft. will create 270 new jobs nationwide with an investment of HUF eight billion
Date: 2023-02-16 09:29:16

The logistics service company Trans-Sped Kft. will create 270 new jobs throughout the country with an investment of eight billion forints, Minister of Foreign Affairs and Trade Péter Szijjártó announced...

Ferrero Buys Frozen Bakery Producer Fresystem
Date: 2023-02-16 09:26:24

The Ferrero Group has acquired Italian frozen bakery firm Fresystem for an undisclosed amount. Fresystem, founded in 1983 and acquired by the Simioli family in 1991, closed its most recent...

NAV has cracked down on fake perfumes, alcohol and cigarettes in yet another round
Date: 2023-02-16 09:13:10

Cigarettes without license plates, fake perfumes and stray puppies were found on the Somogy county section of the M7 highway, at a rest stop, the National Tax and Customs Administration...

Italy’s Bennet Unveils NFT-Based Customer Loyalty Project
Date: 2023-02-16 09:12:04

Italian hypermarket chain Bennet has launched the Bennet NFT Club, the first customer loyalty project by an Italian retailer based on blockchain and NFT technology. Bennet’s partner in the project...

IMF recommends the abolition of the food price cap and the elimination of special taxes to the Hungarian government
Date: 2023-02-15 12:40:31

After their visit last November, experts from the International Monetary Fund (IMF) made concrete economic proposals for the Hungarian government in addition to the usual review, reports the Portfolio. According...

Food prices have already started to fall, as the GVH began to investigate
Date: 2023-02-15 12:30:36

Competition has become greater in retail, more people have reduced food prices – says Balázs Csaba Rigó, president of the Economic Competition Authority. In the hope of finding out whether...

From February, you can get almost exclusively imported potatoes
Date: 2023-02-15 12:09:29

The National Potato Association and Product Council (OBTT) warned in November that the domestic potato stock should last from autumn 2022 to June 2023, but it is feared that this...

Oldal

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Germany’s new Supply Chain Due Diligence Act and its impact on Hungarian suppliers Date: 2023-02-19 15:32:54

The US Food and Drug Administration recommends that plant-based milk replacer drinks can be sold as milk Date: 2023-02-19 15:05:35

Dávid Hollósi: The price increase may stop, but food will not become cheaper Date: 2023-02-19 12:21:43

László Perlusz: thousands of businesses in retail have closed, tourism and hospitality are in a difficult situation Date: 2023-02-17 12:08:20

Competition Office: there is a difference between the content of “green” advertising messages and the consumer’s interpretation Date: 2023-02-17 11:00:03

About HUF 340 million was spent on technological modernization at two sites of HFI Kft Date: 2023-02-17 10:52:09

A new type of cabbage is trendy now in Europe, the demand for it is huge Date: 2023-02-17 10:39:23

The French may also have a food price freeze Date: 2023-02-17 10:31:19

KAP support conditions can be met for all farmers Date: 2023-02-17 10:30:12

It has been revealed who became the agrarian of the year in 2022 Date: 2023-02-17 10:00:00

Continente Launches Vegan Alternative To Yoghurts Date: 2023-02-17 09:51:14

A new whiskey superpower is being built in Europe Date: 2023-02-17 09:33:35

Coop 365discount Urges Danish Government To Cut VAT On Fruit & Vegetables Date: 2023-02-17 09:32:14

Work, knowledge, openness – this is the key to success in agriculture Date: 2023-02-17 09:30:43

American producer prices rose more than expected in January Date: 2023-02-17 09:17:35

Cadbury launches first non-HFSS range Date: 2023-02-17 09:02:59

The agriculture must work consistently in the next period Date: 2023-02-17 09:00:05

Survival strategies Date: 2023-02-16 17:35:14

Onions may soon be in short supply Date: 2023-02-16 11:30:42

The export of French wines and spirits broke a record last year Date: 2023-02-16 10:02:11

Reducing GHG emissions related to animal husbandry is one of the biggest challenges Date: 2023-02-16 10:00:04

Walmart Pushes Back As Major Product Suppliers Ask For Higher Prices Date: 2023-02-16 09:53:43

Based on its price, Hungarian apples are in the middle range on the EU markets Date: 2023-02-16 09:30:51

Trans-Sped Kft. will create 270 new jobs nationwide with an investment of HUF eight billion Date: 2023-02-16 09:29:16

Ferrero Buys Frozen Bakery Producer Fresystem Date: 2023-02-16 09:26:24

NAV has cracked down on fake perfumes, alcohol and cigarettes in yet another round Date: 2023-02-16 09:13:10

Italy’s Bennet Unveils NFT-Based Customer Loyalty Project Date: 2023-02-16 09:12:04

IMF recommends the abolition of the food price cap and the elimination of special taxes to the Hungarian government Date: 2023-02-15 12:40:31

Food prices have already started to fall, as the GVH began to investigate Date: 2023-02-15 12:30:36

From February, you can get almost exclusively imported potatoes Date: 2023-02-15 12:09:29