Market News
Animal husbandry will continue to play a decisive role in agriculture in the future
Animal husbandry will play a decisive role in Hungarian agriculture today and in the future, the Parliamentary State Secretary of the Ministry of Agriculture announced in Kaposvár on Friday. At...
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Aldi Süd supports nutrition education with new organic promotion
Aldi Süd is launching a new initiative on 30 September 2024 to support nutrition education in Germany, Lebensmittelzeitung reported. The discount chain announced that between 30 September and 19 October,...
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Waitrose Launches ‘BrandsNew’ Innovation Programme
Waitrose has announced the launch of ‘BrandsNew’, a new branded innovation programme to identify and support new FMCG brands and their entry to the market. The UK retailer said the...
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Sales of cereals increased the most
Among the 24 commodity groups of agricultural and food industry products, the export value of 14 increased and 10 commodity groups decreased in the first half of 2024 compared to...
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Nestlé‘s Nespresso launches first ready-to-drink coffee in US
The limited-edition beverage allows the brand to tap into the growing popularity of RTD offerings and further extend its reach outside of the home and office. Nestlé’s Nespresso is moving from its signature coffee brewer...
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The domestic supply of corn is ensured, there is no need to import
Most of the corn produced in our country has yet to be harvested, but some people – presumably in the interest of the market – are already predicting the need...
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Without bubbles
While the popularity of bubbly drinks keeps growing all over the world, bubble-free drinks are becoming the beverage of choice for Generation Z consumers, many of whom are opting for...
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Cybercrime and AI: threats and opportunities
Cybersecurity futurologist and founder of the Info/Cybespace, Trends, Buzz and Networking Day (ITBN), Arthur Keleti has given an insight into the true nature of cybercrime, together with solution suggestions. This...
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Households are more wasteful with ready meals
According to the latest research results of the Nébih Maradék sélen program, the decreasing trend of food waste that has been going on for years has been broken. The survey...
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Divided SME sector: larger businesses are already positive about the future
According to the second quarter results of the K&H SME confidence index survey, the sentiment of domestic businesses remained in the negative range with -11 points. This article is available...
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MNB: inflation continues to slow down in September
August’s 3.4 percent inflation met the central bank’s expectations, September’s figure is expected to be 3.1 percent, a slight increase is expected in the rest of the year, a rate...
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Palm oil has lost its position as the cheapest cooking oil in the world
Palm oil has lost its position as the world’s cheapest edible oil as production declines and an abundance of alternative vegetable oils have reshuffled the market. It was once considered...
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The price of olive oil is finally falling
A significant drop in the price of olive oil is expected by the end of the year, thanks to the increase in production, reports Portfolio based on the European Supermarket...
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According to a survey, young people value sustainability and environmental expectations the most
Young people primarily expect sustainability and the protection of environmental values from the leaders of the technology industry, according to joint research by the Hungarian Bosch Group and Gedeon Richter...
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The EU’s artificial intelligence regulation is evolving
More than a hundred companies have joined the European Union’s Artificial Intelligence Pact, which came into effect on August 1st, and aims to promote reliable and safe AI development. The...
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Enough panic about the toxin
Everyone should do their job responsibly on the corn market, don’t stir up tension, and then the toxin situation will be handled in the case of this year’s crop as...
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A new idea competition for the development of Lake Balaton with a scholarship of millions
The Hungarian Tourism Association Foundation has announced the CheckINN tourism innovation idea competition for the sixth time, which this year is based around Lake Balaton. The purpose of the competition...
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Through the ecumenical aid organization, MBH Bank helped 35,000 people
MBH Bank has supported 35,000 people through the Hungarian Ecumenical Aid Organization in the Conscious Help program since they entered into a strategic partnership last year. The results of the...
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The call for proposals entitled “Agri-environmental management payments” can be considered
The environmentally conscious production approach is increasingly becoming a part of the management of our time. Within the framework of the new Common Agricultural Policy Strategy Plan (KAP ST), the...
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Support for children with food allergies
This year Naszálytej Zrt.’s CSR campaign supported a camp for children with food allergies. This article is available for reading in Trade magazin 2024/8-9 Magic Milk lactose-free dairy products and...
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Farmers’ competitiveness must be maintained
We must jointly represent our interests and speak together in Brussels in order to protect the competitiveness of farmers and the food security of the region – declared Minister István...
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Finshape acquires majority ownership in one of Central Europe’s leading innovation agencies, Direct People
Finshape, the leading international provider of digital banking solutions, acquires majority ownership in Direct People, one of Central Europe’s oldest innovation agencies based in the Czech Republic, Finshape’s management announced....
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The OECD improved its global growth forecast for this year
The Paris-based Organization for Economic Co-operation and Development (OECD) slightly improved its global growth forecast for this year in its forecast released on Wednesday compared to its previous estimate in...
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Temu eclipses Amazon in monthly downloads
A new analysis of download data for the Chinese shopping app Temu reveals it is quickly growing in popularity. The Temu app has been downloaded more than 735 million times...
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Adaptation to climate change is an important objective of forest management
In the case of Hungarian forests, we have adequate knowledge, numerous research results and practical management models in order to facilitate adaptation to climate change, which, in addition to professional...
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A global sugar market crisis is looming: Drought, floods and export restrictions are hitting the market
The world sugar market is currently facing major challenges as major production problems have arisen in Brazil, Thailand and India. Forest fires, drought and heat have reduced sugar production in...
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The EU agricultural crisis reserve must also be opened to deal with summer drought and flood damage
István Nagy asked Janusz Wojciechowski, the Commissioner for Agriculture of the European Commission, to open up the EU agricultural crisis reserve for producers to compensate for summer drought and flood...
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Edeka limits opening times of service counters
German market leader Edeka wants to implement hybrid counters for the fresh departments. The step is motivated by continued labor shortages on the German market. Service counters will stay a...
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A call for fish farmers was opened with a budget of more than HUF 3 billion
The Hungarian Fish Farming Operative Program Plusz (MAHOP Plusz) represents the basis for the support and development of Hungarian fish farming in the period between 2021-2027. As part of this,...
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Co-op Launches 24-Hour Online Delivery Service
Co-op has announced the launch of a 24 hour delivery service at its stores in Leeds, London and Manchester. The UK retailer said the move is in response to growing...
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