Market News
Walmart eliminating single-use bags in more states
Walmart is expanding sustainable choices, helping reduce waste and introducing new circular business models. In celebration of Earth Week, the retail giant detailed some of its customer initiatives to advance...
Read more
Zalando launches AI fashion assistant
Fashion platform Zalando is going to launch a fashion assistant powered by ChatGPT on the website and app. It will start with a beta version, which will be available to...
Read more
Mondelēz Expands CoLab Programme To Focus On Food Technology
Confectionery and snacking giant Mondelēz International has announced that it is now accepting applications for CoLab Tech, an accelerator programme aimed at helping start-up companies address challenges in food technology...
Read more
This year’s border checks have started
The government offices have started the implementation of the 2023 border inspections. Pursuant to the law, the land must be utilized with production appropriate to the branch of cultivation, or...
Read more
Our shared responsibility is to provide farmers with predictable conditions
It is the responsibility of the EU presidency trio starting in July to ensure that European farmers can work predictably and in safe conditions and receive answers to their problems...
Read more
Promotional products must be displayed at the entrance to the shops
As we have previously reported, the government announced that food promotions will be mandatory in larger stores. The list of discounted products must be prominently displayed at the entrances of...
Read more
Randstad Award 2023: Samsung, BT and Mercedes-Benz are the most attractive domestic employers
On April 20, 2023, this year’s domestic winners of the Randstad Award, the world’s most comprehensive employer brand research, were announced at a gala event in the Várkert Bazaar. Samsung...
Read more
Do salaries follow the inflation in the food industry?
In February 2023 Randstad published a study, for which they interviewed the heads of 246 companies about how the different sectors are doing and what the salary trends are. In January...
Read more
István Kapitány became the president of the Managers’ Association for another three years
On April 18, 2023, the Managers’ Association held its annual and renewal general meeting, where István Kapitány, Shell’s global executive vice president, was elected president of the organization for another...
Read more
Despite the import ban, Ukrainian honey makes life miserable for Hungarian beekeepers
The Hungarian government has banned the import of several agricultural products from Ukraine, including honey. While Hungarian beekeepers welcome the decision, they still face challenges because of the influx of...
Read more
The Grain Association opposes the ban on Ukrainian imports
The Hungarian Grain Association, as the representative of grain and oilseed traders and processors, does not support or agree with any market-restrictive measures. It was already confirmed that the export...
Read more
Landscape variety, organic tomato seedlings can conquer again
We hear more and more often about the importance of preserving biodiversity, but perhaps few people know that we ourselves can do a lot to protect and maintain the biological...
Read more
Hungarian strawberry growers expect a promising season
The heated cultivation of strawberries is slowly coming to an end, the domestic strawberry season begins with good flowering and crop prospects in the open field, although the cold weather...
Read more
The domestic rabbit industry relies on tenders
Hungarian rabbit breeders are in a particularly difficult situation as the increase in their costs has led to most of them operating at a break-even or loss-making level in rabbit...
Read more
György Raskó: without Ukrainian corn, there will be a huge shortage of corn on the domestic market
Agricultural economist and farmer György Raskó shared his experiences with the ban on his social media page. “It was exactly a week ago that I called the manager of one...
Read more
Profession.hu: The number of active job seekers increased significantly compared to last year
In the first quarter of 2023, the number of employee applications increased compared to the same period of the previous year, while companies advertised 18 percent fewer jobs. Within the...
Read more
K&H: the satisfaction of young people shows an extremely favorable change
The first quarter of 2023 brought an extremely favorable change: the value of the K&H youth index rose to +14 points from the record low level measured in the last...
Read more
Possibilities of remote sensing developments in agriculture
The key to successful domestic agriculture is the modernization of the state and the farmer’s side – said Anikó Juhász at the meeting held in the Ministry of Agriculture, at...
Read more
Biggest family businesses keep going strong
Family businesses are growing faster than the global economy – reveals the latest Global Family Business Index ranking by EY and the University of St. Gallen. On the Top 500 list...
Read more
More changes in NETA rules from March
As of 1 March 2023 the government added a third exemption from the public health product tax (NETA) payment obligation: for products sold in the domestic market, which the buyer...
Read more
Albert Heijn adds new products to its low-price private label selection
Dutch retailer Albert Heijn has added 100 new products to its Prijsfavorieten campaign, which seeks to offer affordable private label FMCG products for households. As part of a four-week campaign,...
Read more
Hungarian strawberry growers expect a promising season
The heated cultivation of strawberries is slowly coming to an end, the domestic strawberry season begins with good flowering and crop prospects in the open field, although the cold weather...
Read more
The Polish government has adopted a farmer support package
The Polish government adopted a package to help farmers on Friday, according to which, among other things, additional support will be paid to the purchase price of cereals and a...
Read more
TeSzedd has started! waste collection action week
For the eleventh time this year, TeSzedd started on Earth Day! – The campaign for a clean Hungary is voluntary, the largest voluntary waste collection program in the country –...
Read more
A shipment of beer had to be destroyed due to a violation of the protection of origin
The Belgian customs authority destroyed a shipment of beer from the United States, citing the European regulation on the geographical indication of origin, it was announced on Friday. The spokesperson...
Read more
Jászság became the new center of truffles
The Jászság region is known for being one of the best places in Central Europe for summer truffle hunting. Despite the relatively small amount of forests with the necessary conditions...
Read more
Greenpeace and Humus assess whether the bags sold as degradable actually decompose
Greenpeace Hungary, together with the Humus Association, buried plastic bags purchased from domestic food chains and offered as degradable in the Humus composter to check whether the bags decompose and,...
Read more
More than five hundred customers were defrauded in a series of online scams
The police arrested three men who, together with their companions, harmed more than five hundred customers by advertising non-existent goods, and thus obtained more than fifty million forints, the Budapest...
Read more
Rossmann Collaborates With SPAR Austria To Expand Business
German drugstore chain Rossmann has announced a collaboration with SPAR Austria as it seeks to offer its products in more international markets. As part of the collaboration, products of the...
Read more
The Romanian Competition Council is not opposed to negotiations on a temporary reduction in the price of milk
The Romanian competition council is not opposed to processors and retailers agreeing on the extent of jointly agreed price discounts in order to temporarily reduce the price of milk, but...
Read more