Market News

It came up that it would be possible to buy cold food again with a SZÉP card

Jobbik recommends that cold food can once again be purchased with a SZÉP card. Róbert Dudás, Jobbik’s vice-chairman and member of Parliament, said at his online press conference on Tuesday...

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The Kék Bolygó Foundation supports sustainability startups

The second round of the Kék Bolygó Climate Protection Foundation’s development program supporting startups has ended, start-ups promoting environmental sustainability with their activities presented their companies and market solutions to...

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Retail turnover in Romania increased by 4.5 percent in the first ten months

In Romania, according to raw data, the volume of retail trade increased by 4.5 percent in the first ten months of this year compared to the same period last year,...

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The decline in Czech retail sales accelerated in October

In the Czech Republic, retail sales have been declining for six months. In October, this decrease accelerated to 9.4 percent year-on-year from 5.3 percent in September, the Czech Statistical Office...

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Simple methods reduce food waste

Every year 14% of the food produced goes bad already before ending up on store shelves, and another 17% is thrown out by retailers and consumers. What is more, food...

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5+1 trends in the world of functional drinks

Supply chain issues, rising energy prices and labour shortage are all causing problems in the food and drink sector. Let’s see what long-term trends influence innovation work in the functional...

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The EU bans the marketing of products that contribute to deforestation and forest destruction

The European Parliament and the European Council, which brings together EU member states, would prevent the market distribution of products that contribute to deforestation and forest destruction by law, the...

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Hungarian Bankholding joined the UN Responsible Banking Guidelines initiative

Hungarian Bankholding joined the global cooperation established by the United Nations (UN) and was one of the first domestic banks to sign the Responsible Banking Guidelines, the financial institution informed...

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Lidl achieves ‘new record’ market share

Lidl has achieved a new record market share of 7.4%, while Aldi remains the fastest growing retailer with sales up 24.4%, according to new data by Kantar. Lidl reported a...

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The inspection campaign supporting businesses advertising drone plant protection services has ended

In the past period, the National Food Chain Safety Office (Nébih) has assisted crop protection service companies with spraying drones with supportive on-site inspections in order to provide services to...

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DoorDash lays off 1,250 employees to rein in operating expenses

DoorDash is laying off 1,250 people in an effort to rein in costs, The company’s CEO Tony notes in a message sent to employees last week that the pandemic presented...

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The range of collective claims enforcement is expanding in Hungary – should we prepare for a wave of consumer compensation?

According to the rationale of the bill, the amendment to the law primarily seeks to find a solution to the social phenomenon that, with the spread of digitalization and the...

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Hungarian customers avoid stores, turnover of retail stores increased by 0.6 percent in October

According to both raw and calendar-adjusted data, retail turnover increased by 0.6 percent in October compared to a year earlier, the Central Statistical Office (KSH) announced on Monday. In October,...

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Matolcsy: the Hungarian economy is in a near-crisis situation, the price cap increases inflation

According to the president of the MNB, “the economic policy coherence of the government and the central bank has broken down – this costs a lot.” Matolcsy said that “the...

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The Etesd az Eszed school challenge was successfully concluded

The autumn challenge of the joint health education educational program of Nestlé Hungária and Okos Doboz ended in November. During the program, which this time was extended to the entire...

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67% of Hungarians spend less than HUF 30,000 for Christmas this year

The effect of inflation has a strong influence on the budget for gifts this year: 53% of those surveyed said that they will spend less on gifts this year than...

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Auchan gas stations still have fuel

Due to the difficult fuel situation, many motorists were unable to refuel on the first day of the week. It seems the situation is even better at Auchan gas stations....

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A sustainability incubator program was organized for young people

An incubator program on the topic of sustainability was organized for high school and university students with the support of the European Union, within the framework of the ERASMUS+ program,...

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Crisis here or there, the proportion and number of the hyper-rich continued to grow

In terms of growth rate, Europe overtakes the Asia and Pacific region in second place, while North America remained on the growth path. A global epidemic here, the economic difficulties...

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This winter’s seasonal control in the food chain has started

This year, December 5-18. ordered the winter seasonal food chain inspection by Dr. Márton Nobilis, State Secretary responsible for food industry and trade policy at the Ministry of Agriculture. During...

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Recycling-focused packaging designs

On 28 June 2022 the Hungarian Association of Packaging and Materials Handling (CSAOSZ) organised a conference, where Hungarian and international speakers talked about packaging designs with a recycling focus. CSAOSZ...

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The level of mechanization is a question of competitiveness in agriculture

While we are happy with the past successes of the agrarian farm, we are interested in the agricultural and food industry enterprises and producers being able to carry out efficient...

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How barriers towards plant-based food consumption

Dietary shifts towards more plant-based food consumption is a key element in climate-change mitigation. However, dietary changes in the direction of plant-based eating remains a challenge, both at individual and...

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The Croatian government decided to keep shops closed on Sundays

The Croatian government decided on Thursday to partially close shops on Sundays, Labor Minister Marin Piletic announced at the press conference following the cabinet meeting. The head of the ministry...

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The limestone chernozem in Herzeghalm became the soil of the year

The Ministry of Agriculture supports soil-conscious farming with all means, State Secretary for Agriculture and Rural Development Zsolt Feldman announced on Monday, at the Hungarian soil 2022 professional conference. The...

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The French Baguette Has Received UNESCO Protection

The country’s iconic bread is officially part of the “intangible cultural heritage of humanity.” In February 2021, France’s then-Minister of Culture, Roselyne Bachelot, had the unenviable task of determining which...

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According to the Minister of Agriculture, cross-border agriculture is needed

In the past 12 years, we have managed to overcome the borders separating our national parts with joint efforts and have been able to unite Hungarians again – Minister of...

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Rémy Cointreau launches circular distribution system to reduce glass waste in UK on-trade

Rémy Cointreau has become the first global brand to introduce a closed loop spirits distribution system in the UK through a partnership with ecoSpirits. The liqueur brand has taken its...

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SPAR China Partner Jiajiayue Opens Flagship Store In Binzhou City

SPAR China partner Jiajiayue has opened a flagship store in Wuyue Plaza in Bincheng, Binzhou city. Jiajiayue is a strategic alliance brand partner of Wuyue Plaza, which opened in October...

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The KAP calculator for the 2023-2027 subsidy period is available on the NAK website

In the period ahead, we have to meet many new challenges, so it is important to be able to calculate our potential income in the best possible way. The KAP...

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