Market News
More vegan products, the same amount of meat
Date: 2023-02-03 11:14:39
Researchers say supermarkets “play an important role” in encouraging consumers to choose plant-based foods. What is more, during Veganuary 2021 the researchers at the University of Surrey discovered: while the...
Read more
Important date and developments: next week, the antibiotic use reporting system will restart
Date: 2023-02-03 11:00:07
After a significant “stitching up of wrinkles”, those affected can use the system for reporting antibiotic use again from the middle of next week. Veterinarians and their authorized representatives will...
Read more
Márton Nagy: the government will launch a capital program soon
Date: 2023-02-03 10:43:29
He highlighted: the program targeting capital funds will be presented to the government in the coming weeks; it will also cover green investments and capacity expansion. “Positive surprises” may hit...
Read more
From January, the electronic spraying diary must be kept on the Nébih surface
Date: 2023-02-03 10:15:47
The electronic spraying log is integrated into the Nébih electronic management log (e-GN) system. Starting January 1*, farmers with a total area of more than 10 hectares must keep an...
Read more
Intrum: most Hungarians save on their stomachs
Date: 2023-02-03 10:08:55
According to Intrum’s 2022 European Consumer Payments Survey (ECPR), about a third of society in Hungary is increasingly cut off financially: in the second half of 2022, 31.4 percent said...
Read more
Two and a half times more mobile payments
Date: 2023-02-03 10:05:20
In the second quarter of 2022, 364 million purchases were made using bank cards issued in Hungary, which was 29% more than in the same period of 2021. The number...
Read more
Global food prices fell in January, according to the FAO
Date: 2023-02-03 10:00:15
According to data published on the website of the Food and Agriculture Organization of the United Nations (FAO) on Friday, the overall price index was 131.2 points in January, which...
Read more
A good brandy is a real economic value
Date: 2023-02-03 09:30:49
Hungarian brandy has achieved success for itself, and it is no coincidence that it is considered the number one Hungarian brandy, said Minister of Agriculture István Nagy at the award...
Read more
(HU) Nincs még meg az Amazonnak a szupermarketek sikerreceptje
Date: 2023-02-03 09:21:52
Amazon.com Inc, the online retailer long feared to disrupt the grocery sector, believes it has fallen short. The company has paused expansion of its Fresh supermarkets and cashier-less convenience stores...
Read more
Farmers must pay attention to new rules in order to receive subsidies
Date: 2023-02-03 09:15:16
In accordance with EU regulations, compared to the previous ones, sustainability has been given a more significant role in the new Common Agricultural Policy (CAP), but at the same time,...
Read more
German Retailer REWE Rolls Out Hydrogen Truck
Date: 2023-02-03 09:05:57
German retailer REWE has rolled out its first hydrogen-powered truck from its west region logistics centre in Cologne-Langelas. The move is part of the retailer’s efforts to reduce emissions across...
Read more
Estée Lauder Expects Bigger Drop In Profit On Higher Costs, Slow China Recovery
Date: 2023-02-03 09:03:21
Estée Lauder Cos Inc has forecast a bigger drop in full-year profit as slow recovery in major market China and higher costs pose risks. Shares of the New York-based company...
Read more
Chamber of Agriculture: nearly 110,000 farmers must renew the authorization required to submit a unified application
Date: 2023-02-03 09:00:40
This year, due to legislative changes and the development of the electronic public administration system, nearly 110,000 farmers will have to renew the authorizations necessary to submit uniform applications, the...
Read more
The publisher of Trade magazin was once again awarded the Marketing Diamond Awards
Date: 2023-02-02 19:55:45
At the end of January, the 2022 Marketing Diamond Awards were presented at SYMBOL in Budapest. Grabowski Kiadó Kft. received a diamond again this year in the “Event-based activations” category....
Read more
Csaba Héjja: the end of the price cap will affect food inflation for a while
Date: 2023-02-02 12:29:26
Csaba Héjja, senior analyst at MKB Bank and Takarékbank, spoke to InfoRádio about why food inflation was the highest in Hungary and what to expect after the price cap is...
Read more
K&H: the price of cocoa snails and hamburgers has skyrocketed
Date: 2023-02-02 11:50:55
The sharp rise in prices of everyday products used by children continues – according to the K&H children’s inflation basket. The basket, which includes children’s shoes, yogurt, orange juice and...
Read more
Coca-Cola HBC Magyarország starts using robots in logistics
Date: 2023-02-02 11:12:21
Just recently Coca-Cola HBC Magyarország has completed a HUF 750m investment: in the Dunaharaszti warehouse they are now using robots with artificial intelligence technology for order picking. Robot picking is...
Read more
In Debrecen, they started developing health-protective meat products
Date: 2023-02-02 11:00:41
Gulyás és Társa Kft. is starting to develop healthy, age-specific, low-fat, fiber- and protein-rich meat products in a consortium partnership with the University of Debrecen – it was announced at...
Read more
Zsófia Nagy-Vargha: the Start program supports the launch of another twenty businesses
Date: 2023-02-02 10:57:49
The Start program of the National Talent Center and the Design Terminal supports the implementation of the innovative businesses of twenty more young people – announced the Deputy State Secretary...
Read more
Making payments public can reduce conflicts, but requires careful planning
Date: 2023-02-02 10:31:36
Depending on the company culture, professionals approach the issue of salary transparency, i.e. making salaries public, differently – partly, for example, because it may represent a conflict of interest between...
Read more
Levente Magyar: all successful applicants of the economic development program will receive the support
Date: 2023-02-02 10:30:46
Despite the difficult economic conditions, the Hungarian government’s economic development program in Vojvodina will not stop, all successful applicants will receive support – said Levente Magyar, the parliamentary state secretary...
Read more
Plant-based diets and diabetes
Date: 2023-02-02 10:18:45
According to two new studies, a plant-based diet can significantly reduce the risk of developing or worsening type 2 diabetes. Following a plant-based diet reduces inflammatory dietary advanced glycation end...
Read more
Pilulka.hu launched
Date: 2023-02-02 10:00:18
Pilulka.hu is the name of the Pilulka Group’s Hungarian online shop, where customers can buy everything they need for a healthy lifestyle. The launch comes with a Pilulka smartphone app...
Read more
Violation of intellectual property rights poses a serious threat to EU SMEs
Date: 2023-02-02 09:58:53
According to a joint report by the European Union Intellectual Property Office (EUIPO), the European Observatory on Infringements of Intellectual Property Rights and the Organization for Economic Co-operation and Development...
Read more
CBD not shown to be safe enough for use in food or supplements, FDA says
Date: 2023-02-02 09:41:35
The Food and Drug Administration announced last week that products infused with CBD, which is derived from cannabis or hemp and used in items as varied as soap and seltzer,...
Read more
Tesco nets discarded plastic from coastal areas for fresh fish packaging
Date: 2023-02-02 09:41:11
Tesco’s fresh salmon, haddock, cod and sea bass lines will be sold for the first time in trays that contain at least 30% recycled coastal plastic collected from beaches, coastlines...
Read more
Nestlé tests reusable packaging in Germany
Date: 2023-02-02 09:31:59
In Germany, reusable stainless steel packaging is increasingly appearing on shelves in the coffee and cocoa segment. The Frankfurt-based start-up Circolution is testing their compatibility with existing deposit dispensers in...
Read more
Information on the distribution of EK FERTILIZER and the submission of the certification application
Date: 2023-02-02 09:30:27
Regulation 2019/1009/EC (VI.5.) regulating the distribution of EU crop-enhancing substances has been applicable since July 16, 2022, with which the previous regulation on the distribution of EC FERTILIZER also lost...
Read more
The epidemic situation continued to improve, and Nébih eased the temporary rules for the introduction of poultry
Date: 2023-02-02 09:00:05
As of February 1, 2023, in the non-restricted areas of Bács-Kiskun, Csongrád-Csanád and Békés Counties, relaxations will come into effect in the resettlement rules for settlements located near wetlands and...
Read more
Retail players also recommend the closure of the price cap
Date: 2023-02-01 15:07:16
The first food price stop came into effect one year ago, on February 1, 2022. According to the leading actors of the sector, in the upset market environment of the...
Read more