Market News

Who will bring the gift and what will be on the festive table? – Ynsight Research netnography

2022 may not have turned out to be our favorite year, but soon the holidays will arrive, the gifts will arrive, the family will get together and we can finally...

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K&H: Large companies are trying to avoid the weakening of the forint with these precautions

Large domestic companies are pessimistic about the development of the forint, two-thirds of them expect further weakening of the forint until next summer. 80 percent of the companies are adversely...

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World energy market report: security of gas supply depends on these three factors

A balance must be found between two equally important imperatives: the security of affordable energy supply and the fight against climate change are the most important issues of the time...

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Innovations in recycling – business workshop for those interested in the raw materials sector

For the second time, the Climate Innovation Community held a brainstorming workshop on the topic of recycling. The event on 15 December 2022 was organized in collaboration with EIT RawMaterials,...

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ForFarmers to make animal feed from food waste

Dutch animal feed maker ForFarmers plans to use food waste and alternative raw materials to develop new feeds, in order to meet consumer demand for more sustainable agricultural practices. ForFarmers...

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Five out of six families will not miss the festive fish this year either

Despite the 35-40 percent increase in the price of fish products, 84 percent of Hungarian families will not be missing fish from their festive table this year, according to a...

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Christmas logistics: how do we store the ingredients of the holiday meals correctly?

Crumbling shopping baskets are a typical element of pre-Christmas preparations. Everyone is trying to stock up before the winter break to fill the holiday table with sweet and savory delicacies....

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Barry Callebaut partners with Morocco’s Attelli

Chocolate-maker Barry Callebaut has started a long-term partnership with Attelli SARL, a sweets manufacturer and distributor located in Casablanca, Morocco. The partnership will make it possible for the company to better...

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Lower demand is now a bigger problem in certain sectors than labour shortage

In October GKI’s economic sentiment index has been decreasing for six months, but this time the plunge of the consumer confidence index wasn’t the main reason: the big drop in...

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Eight countries receive EU support for investments improving energy efficiency

The European Commission disbursed 4.11 billion euros (about HUF 1,652 billion) to modernize the energy systems of eight beneficiary countries, including Hungary, to reduce greenhouse gas emissions from the energy...

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Italian Hypermarkets Shrinking To Counter Falling Sales

Italian large-scale retailers are downsizing their hypermarkets, as sales increasingly shift towards discounters and the online channel. The standard model of a 15,000 square metre hypermarket, which dates back to...

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Diageo to produce net zero glass bottles by 2030

Diageo has plans to use a hydrogen-powered furnace to produce glass bottles for its Smirnoff, Captain Morgan, Gordon’s and Tanqueray brands. The move, which sees Diageo partnering with glass manufacturer...

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Subsidies are constantly coming to the farmers

In the framework of the Rural Development Program, almost HUF 400 billion in subsidies were paid to farmers this year, said Minister of Agriculture István Nagy. The head of the...

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Finnish Consumers Named ‘Most Sustainable Shoppers’ In Europe

Finnish shoppers have been named the most sustainable in Europe, a study by Savoo has found, having seen a 20% decrease in their consumption footprint between 2010 and 2020. The...

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Brussels has accepted the Hungarian Fisheries Operational Program Plus

The adoption of the Hungarian Fish Farming Operative Program Plus represents the basis for the support and development of Hungarian fish farming in the coming years, as it provides a...

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Henkel: the local glue factory celebrated its 10th anniversary

Henkel’s Hungarian subsidiary celebrated several milestones this year. On the one hand, it has been 35 years since the international large company – open to the Eastern European market –...

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The unsold honey stocks are a big problem

Advertisements for the sale of entire colonies of bees appear more and more. Buyers pay barely HUF 1,500-1,600 for a kilo of honey, some don’t even buy acacia honey. There...

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Auchan customers collected 18 tons of donations for the Hungarian Red Cross

The Hungarian Red Cross and Auchan organized this year’s fundraiser on the first two weekends of December. During the charity campaign, non-perishable food and cleaning and hygiene products were the...

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Continente’s online service in Madeira

Portuguese retailer Continente has launched its online service in Madeira, enabling shoppers to purchase food online and have it delivered to their homes, paying a delivery fee. Shoppers can also choose...

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Wilk makes yogurt from milk created by cultivated cells

Wilk, an Israeli food tech company, developed the world’s first yogurt made with cultured milk fat. The new product, made with both traditional dairy products and dairy created by cultivated...

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The level of salary and the workplace community matter primarily when looking for a job

In its latest survey, Profession.hu examined the work and workplace-related attitudes and experiences of three generations currently active on the labor market. The level of pay, as well as a...

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Tante Fanny: wholemeal products in focus

Tante Fanny has rolled out fresh wholemeal pastry in Austria, where the brand will come out with more new wholemeal products in the future. In addition to the company’s 280g...

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The EU’s collective consumer protection litigation is approaching – but will this result in lawsuit-dumping?

Based on a 2020 European directive, new rules will enter into force in Hungary on June 25, 2023, which may bring significant changes in the field of collective consumer protection...

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Information about the electronic Farming Diary that helps farmers

In order to ensure adequate preparation time, in 2023, the management of the Farming Diary in electronic form will be included among the administrative tasks of the agricultural support system...

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We can also get direct access to EU subsidies

What do we mean when we talk about directly managed EU programs? What is special about these forms of support? What application areas are covered? How can successful and more...

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The celebration of plant-based eating

This November the METRO Gastro Academy hosted the Plant-Powered Perspectives business conference for the second time. Plant-Powered Perspectives focuses on monitoring the trends of and promoting plant-based eating. Plant-based food...

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The Ministry of Agriculture has published information on the duties of cattle, sheep and goat keepers for the submission of next year’s unified subsidy application

On Wednesday, the Ministry of Agriculture published information regarding the 2023 application for EU direct and rural development subsidies for cattle, sheep, and goat farmers. According to the announcement, the...

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Lidl Brings Food Waste ‘Rescue Bags’ To Switzerland

After successful implementation in other countries, Lidl has now introduced its ‘rette mich’ [‘Rescue Me’] bags in stores across Switzerland, as the retailer seeks to to fight food waste. The...

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Russia’s Ozon opens office in China to boost cross-border sales

Russian online retailer Ozon Holdings will open an office in Shenzhen in China, because they wish to boost cross-border sales. According to a statement by Ozon, it already has 10,000...

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Beiersdorf Acquires Majority Stake In Belgian Life-Science Firm S-Biomedic

Skin care giant Beiersdorf has acquired a majority stake in S-Biomedic NV, a Belgian life-science company involved in skin microbiome research. In 2018, Beiersdorf invested in S-Biomedic as part of...

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