Market News
Nespresso unveils home-compostable coffee capsules in partnership with Huhtamaki
Nestlé’s Nespresso brand will pilot home-compostable coffee capsules on the Nespresso Original system in France and Switzerland from spring 2023 before further launches in several other European countries within a...
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Tax payment in foreign currency: a decision must be made within a few days
As of September 30, 2022, companies will have the first opportunity to pay their corporate tax obligations in euros or US dollars from the next tax year. The intention to...
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More people brewing beer at home as the cost of a pint rises
Online searches for “home brew” and “home brew shop” have risen by 77% over the year, new research has revealed, with pubs at risk of closure amid rising costs and...
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Lidl Unveils First Electric Car Charging Station In France
Lidl has unveiled its first ‘E-Station’ car charging terminal in France, at its store in Villefranche-sur-Saône end of November. The discounter teamed up with ABB E-mobility and Groupe DBT to...
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When will the EU apple market breathe?
The apple market does not run smoothly. The EU apple harvest is higher than expected, but consumers are buying fewer apples and are generally more price conscious. However, according to...
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The GKI economic index has been falling for more than half a year now
The business confidence index decreased somewhat further in November after the big drop in October. On the other hand, consumer sentiment improved slightly, although it remained more gloomy than the...
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Black Friday set a record all over the world
Crisis here or there, according to Shopify data, $1.3 million was spent online every minute worldwide on Black Friday. By 6 p.m. ET (midnight Hungarian time), shoppers had spent $7.28...
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You do not have to pay advertising tax next year either
In view of the current economic situation, the Hungarian Advertising Association, on behalf of the advertising and media industry, held negotiations with the government in the summer and early autumn,...
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Vince Gala has once again been at the forefront of wine events
Presentation of the best domestic wines, Michelin star master class, Dixieland band, El Greco and Vince awards. This year’s Vince Gala at the Museum of Fine Arts exceeded all expectations....
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Sugarfree szaloncukor is catching up
Szaloncukor is a traditional product of the Advent season. According to the overview of the National Chamber of Agrarian Economy, a Hungarian household buys an average of 1 kilo of...
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The total number of employees in October was 4,714,000
Employment remains at a peak, 35,000 new jobs were created in the domestic primary labor market in one year, the number of public employees decreased by 14,000, and the number...
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The development of the dangerous goods transport segment by rail may be one of the keys to achieving the 2030 climate goals
Entrepreneurial railway companies have found themselves in a difficult situation due to the drastic increase in traction electricity prices. With the additional costs of HUF 24 billion planned for this...
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By 2028, the value of the international HR software market is expected to reach nearly 34 billion dollars
In the past period, mainly due to the effects of the coronavirus epidemic, digitization has accelerated by years. The HR area is also affected, where the use of digital assistants,...
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Mushrooms can also help solve Africa’s food problems
Seven research institutes and universities from five countries, including Hungary, as well as small and medium-sized enterprises, are participating in the research project whose goal is to create sustainable, biomass-based...
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Aldi Nord Announces Strategic Partnership With Trigo
Discounter Aldi Nord has entered into a strategic partnership with technology firm Trigo Vision, as it aims to implement solutions that make shopping easier for its customers. The retailer is...
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Accelerated development also forces agriculture to adapt
According to István Nagy, producers can’t help but follow the transformations continuously, since even a short drop would put them at an irreparable disadvantage. That is why he welcomed the...
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Due to the crisis in the food industry, the clothing industry also seems to be collapsing
Food inflation of 40 percent and utility bills are burning people’s money, which is also affecting the clothing industry. Clothes and shoes are piled up in warehouses in Bangladesh, after...
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Switzerland To Stop Selling Discounted Meat Multipacks
gyjanak fel az akciós hús multipackok árusításával. The Federal Council of Switzerland has formally called on supermarkets to stop selling discounted meat multipacks with the aim of cutting food waste....
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This amount of money will be used to finance the farmers in the following years
We are spending more than HUF 5,300 billion to support agriculture, the operation of Hungarian farmers is guaranteed and safely financed until 2027 – explained the Minister of Agriculture in...
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The authorities support young entrepreneurs – the goal is to spread a fair entrepreneurial culture
“It pays to do business fairly. The loser is not the one who follows the rules” – this is what the heads of the Economic Competition Office (GVH) and the...
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Coca-Cola HBC Invests €30m In Recycled Plastic Bottle Plant In Italy
Bottler Coca-Cola HBC has invested over €30 million in the Gaglianico plant in Italy for the production of recycled PET (rPET) bottles. The factory, which had been out of use...
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Positive change: the price of poultry meat may drop soon
Due to the decrease in the solvent demand of consumers, a slow, unpredictable rate of price reduction is expected on the poultry meat market, prices will not be higher than...
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Thousands of products cost the same in SPAR, Auchan and Tesco as they did a year ago
Most of the time, we are only talking about brutal inflation, even though there are quite a few products whose prices have not changed in the last 12 months. In...
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Canning and Christmas
A survey by Eviosys, which deals with metal packaging materials, revealed surprising connections between metal boxes and Christmas. More than three quarters (79%) of the surveyed consumers buy canned food...
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The winners of the “Az Év Szalonukra 2022” award have been selected
This year, the Szaloncukor of the Year competition was organized again as a civic initiative. All small and large domestic manufacturers were invited to the competition. The manufacturers were free...
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In Hungary, the consumption of butter and butter cream is 1.5 kg/person per year
In our country, the consumption of butter and butter cream is 1.5 kg/person per year, which is a third of the EU countries’ consumption of 4.31 kg. The producers produce...
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Not only Jews eat kosher food – but are they healthier?
According to American research, forty percent of non-Jewish customers choose kosher products if they have the opportunity. Kosher products are becoming more and more popular, primarily among customers who live...
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SZTE participates in research examining responses to climate change and the energy crisis
The University of Szeged (SZTE) is the only institution in Central and Eastern Europe to participate in international research examining responses to climate change and the energy crisis – the...
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Online learning material for reducing food waste
While food prices show a continuous increase, an average person in Hungary still produces nearly 65 kg of food waste at home every year. Among other things, this is what...
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Game meat is a developing category
Two years ago, after the COVID pandemic had broken out and the HoReCa sector had collapsed, our magazine wrote: it is essential for game meat producers to diversify instead of...
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