Market News

More vegan products, the same amount of meat

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...

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Important date and developments: next week, the antibiotic use reporting system will restart

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...

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Márton Nagy: the government will launch a capital program soon

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...

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From January, the electronic spraying diary must be kept on the Nébih surface

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...

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Intrum: most Hungarians save on their stomachs

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...

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Two and a half times more mobile payments

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...

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Global food prices fell in January, according to the FAO

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...

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A good brandy is a real economic value

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...

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(HU) Nincs még meg az Amazonnak a szupermarketek sikerreceptje

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...

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Farmers must pay attention to new rules in order to receive subsidies

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,...

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German Retailer REWE Rolls Out Hydrogen Truck

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...

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Estée Lauder Expects Bigger Drop In Profit On Higher Costs, Slow China Recovery

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...

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Chamber of Agriculture: nearly 110,000 farmers must renew the authorization required to submit a unified application

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...

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The publisher of Trade magazin was once again awarded the Marketing Diamond Awards

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....

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Csaba Héjja: the end of the price cap will affect food inflation for a while

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...

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K&H: the price of cocoa snails and hamburgers has skyrocketed

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...

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Coca-Cola HBC Magyarország starts using robots in logistics

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...

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In Debrecen, they started developing health-protective meat products

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...

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Zsófia Nagy-Vargha: the Start program supports the launch of another twenty businesses

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...

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Making payments public can reduce conflicts, but requires careful planning

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...

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Levente Magyar: all successful applicants of the economic development program will receive the support

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...

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Plant-based diets and diabetes

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...

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Pilulka.hu launched

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...

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Violation of intellectual property rights poses a serious threat to EU SMEs

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...

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CBD not shown to be safe enough for use in food or supplements, FDA says

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,...

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Tesco nets discarded plastic from coastal areas for fresh fish packaging

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...

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Nestlé tests reusable packaging in Germany

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...

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Information on the distribution of EK FERTILIZER and the submission of the certification application

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...

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The epidemic situation continued to improve, and Nébih eased the temporary rules for the introduction of poultry

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...

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Retail players also recommend the closure of the price cap

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...

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