Market News
Hungarians are open to trying meat alternatives
Date: 2022-11-07 20:21:11
A representative online survey conducted by Pápai Hús Kft. in September 2022 revealed: every fifth person follows some kind of diet in Hungary, 16% of them say they are vegetarian...
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Márton Nagy: the price cap will apply to foods that are over 40 percent more expensive and can also be produced at home
Date: 2022-11-07 17:55:01
According to Márton Nagy, the recession must be avoided and inflation suppressed, which is the current basis of Hungarian economic policy. The Minister of Economic Development spoke in the InfoRádió...
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In Hungary, basic food items have become the most expensive in Europe: this may be the reason
Date: 2022-11-07 17:15:33
There is no question that inflation is the highest in Hungary, due to the drastic increase in food and energy prices – Dóra Erdélyi, senior analyst of the Oeconomus Economic...
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According to analysts, October also brought a brutal food price shock
Date: 2022-11-07 17:13:23
In October, the annual price increase could reach 21 percent, and the food price shock is not over yet. The last time inflation of this magnitude was measured in October...
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The government promises an undisturbed food supply, and small shops are also being taken care of, they say
Date: 2022-11-07 17:04:04
The Ministry of Agriculture has always had a great responsibility for what goes on the shelves of the stores, since the ministry’s competence really extends from the farmland to the...
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MARS WRIGLEY modifies business policy in Europe
Date: 2022-11-07 16:33:44
One of the biggest confectionery manufactures in the world has announced: from 2023 100% of the cocoa purchased for its direct factory operations in Europe will be verified as responsibly...
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P&G launches environmental protection themed educational programme
Date: 2022-11-07 16:10:40
Procter&Gamble has launched an educational programme for primary school students in Hungary, titled ECO-habits. P&G provides schools with free educational material about environmental protection, which focus on three key areas:...
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PENNY reacts to the energy crisis
Date: 2022-11-07 16:04:10
PENNY’s owner REWE Group has pledged to cut its CO2 emission by 30% until 2030, and to go full carbon neutral by 2040. Meanwhile in Hungary the discounter installed glass...
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HELLo Alu!
Date: 2022-11-07 15:51:58
HELL group implemented a special aluminium can collection campaign. In October three Budapest tram stops turned into special can collection points for a month, where a LED counter was showing...
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New vehicles in Trans-Sped’s fleet
Date: 2022-11-07 15:48:29
Trans-Sped Kft. doesn’t only concentrate on upgrading its fleet, but also on improving logistics processes and operating efficiency. Transport director Csaba Tóth told: they don’t forget about the human factor...
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Refill stations in dm stores
Date: 2022-11-07 15:48:27
Following a 2-year test period in the Budaörs dm and regular feedback from customers, 8 more refill points were created in the Budapest region in August 2022. In October another...
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Hydrogen fuel to be made from used nappies
Date: 2022-11-07 15:41:56
According to data from the European Commission, only 48% of the 225.7 million tonnes of waste generated in the European Union is recycled. Veszprém-based firm Horge Technologies has developed groundbreaking...
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Small steps for a sustainable world
Date: 2022-11-07 15:35:23
On 4 October the Canadian Chamber of Commerce in Hungary hosted the international Food and Water Sustainability Business Forum in Budapest. The event took place on the roof terrace of...
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Bread and dairy product prices increased the most in September
Date: 2022-11-07 14:55:06
Data by the Central Statistical Office (KSH) reveal: consumer prices elevated by 20.1% in August 2022, in comparison with August 2021. In one month prices became 4.1% higher on average....
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FMCG retail: minus 2.4% in August
Date: 2022-11-07 14:55:03
The Central Statistical Office (KSH) has reported: like-for-like retail volume sales were up 3.3% in August 2022; adjusted for calendar effects, the sales growth was 2.4%. However, sales of grocery...
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Baked goods end up in the bin the most often
Date: 2022-11-07 14:04:57
16 October was World Food Day, and HonestFood celebrated this by conducting a representative survey. The study revealed that 59% of Hungarians throw food away, and 23% waste quite...
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Climate technology investments have increased fiftyfold in Central and Eastern Europe in the last 8 years
Date: 2022-11-07 11:56:00
Climate technology as an emerging asset class is showing strong growth worldwide, but Central and Eastern Europe has attracted less than one percent of global investment. Between 2013 and the...
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SPAR and Munch are working together to reduce food waste
Date: 2022-11-07 11:44:30
Customers of the domestic chain can also help to ensure that as little food ends up in the trash as possible: SPAR works with the Munch online platform to reduce...
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Mushrooms are healthy both baked and boiled, but we still eat very little of them
Date: 2022-11-07 11:26:48
The oyster mushroom, which can be prepared in a variety of ways, is not only delicious, but also extremely healthy due to its high fiber and protein content – draws...
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Lidl tests cheaper, on-shelf smart refill stations
Date: 2022-11-07 11:12:02
In the United Kingdom Lidl is testing on-shelf smart refill stations for laundry detergent, cutting down on plastic and saving customers 20p per purchase. Installed on shelves in the store’s...
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The global food price index remained stable in October
Date: 2022-11-07 10:52:45
The index of international food prices remained largely stable in October, after rising grain prices were offset by lower prices of other crops, the Food and Agriculture Organization of the...
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Farmers may receive more state land
Date: 2022-11-07 09:50:36
The next phase of the sale of state lands under 10 hectares has begun. This time, offers can be made mainly for forest, orchard, vineyard and wooded areas, as well...
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End-of-year urges
Date: 2022-11-07 09:33:42
Probably the end of the year will see two different urges of consumes fighting with each other: the one that demanded and got more from wieners and frankfurters in the...
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It is decided on local level what to do with energy retrieved from food waste
Date: 2022-11-07 09:29:09
According to FAO, 1.6 billion tonnes of food land in waste every year, which largely contributes to environmental and socio-economic problems. Poor management of food waste results in polluted natural...
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Heineken South Africa Bets On Solar To Cut Carbon Emissions
Date: 2022-11-07 09:27:41
A new solar power plant at the South African arm of Heineken NV will supply 30% of a brewery’s electricity demand, the brewer said, the latest company to seek an alternative supply...
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Well-known cosmetic brands are returning to the Russian market
Date: 2022-11-07 09:04:25
Lancome, Redken, Yves Saint Laurent, Giorgio Armani and Kérastase have been added to the list of Russian parallel imports of perfumes and cosmetics as exceptions because these companies have decided...
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Mentos launches new paper bottle gum packaging
Date: 2022-11-07 09:02:38
Confectionary manufacturer Perfetti Van Melle has unveiled new paper bottle packaging set to roll out across its Mentos Pure Fresh Gum range. Launching in 600 Co-op stores this month, its Cherry,...
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The EU has accepted Hungary’s strategic plan for the common agricultural policy
Date: 2022-11-07 09:00:17
The European Commission has approved Hungary’s 8.4 billion euro (about HUF 3,400 billion) strategic plan for the 2023-2027 period of the EU’s common agricultural policy (CAP), the Brussels body informed...
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Potatoes and onions are also in short supply in stores
Date: 2022-11-06 10:33:25
Domestic horticulture is facing a difficult decision. Due to the high energy prices, many people would rather bring the goods to the market quickly, as the cost of storage has...
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Inflation is increasing due to the food price shock
Date: 2022-11-04 13:14:08
Due to the price shock on the food front, inflation will spill over into all areas of the entire economy and will not end anytime soon. “In the coming months,...
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