Market News

New project launched to shape attitudes – one step closer to nature

The Ministry of Agriculture (MA) has won HUF 1,000,000,000 non-refundable EU funding within the framework of the priority project KEHOP PLUSZ-3.2.1-24-2024-00009, “Creating the communication conditions for a broad social commitment...

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Wholesale prices in Austria fell year-on-year, but rose month-on-month in July

Austrian wholesale prices fell year-on-year, but rose month-on-month in July, according to data from the Austrian statistical office, Bundesanstalt Statistik Österreich. Wholesale prices in Austria rose by 0.2 percent month-on-month...

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Tender decisions are ongoing in the current agricultural support cycle

Tender decisions are ongoing in the current agricultural support cycle – said József Viski, the State Secretary for Agricultural and Rural Development of the Ministry of Agriculture (AM) on Friday...

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Joining quality systems helps to recognize domestic products

Participation in quality systems also brings market benefits. To support this, a call for applications has been published to help agricultural producer groups establish EU quality systems. The non-refundable support...

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Dole offloads fresh-veg arm to Arable Capital

Dublin-headquartered Dole has sold its fresh vegetables division in the US to Arable Capital Partners, following a previous unsuccessful attempt. In a joint statement, the New York-listed group said it...

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Wolt Announces New Partnerships To Drive ESG Initiatives

Finnish food delivery firm Wolt has announced two new strategic partnerships as it seeks to drive its sustainability and social impact initiatives. Wolt has teamed up with European food innovation...

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GVH warns of hidden risks of mobile apps

In the digital world, smartphones and applications (apps) have become an integral part of our daily lives. Beyond shopping, we use them for social networking, entertainment, information, work, obtaining services...

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The government is supporting the viticulture and winemaking sector with new opportunities

The Ministry of Agriculture is supporting the viticulture and winemaking sector with expanding opportunities, for example, from this year, not only winemakers, but also grape growers can apply for subsidies...

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Colruyt to install smart cameras at all checkouts

Belgian supermarket chain Colruyt is rolling out its “easy check-out” (with smart AI cameras that automatically scan products) to all of its 270 supermarkets. The implementation should be completed late next...

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Hungarian startup measures carbon footprint of largest domestic webshops

Carbon.Crane, the first Hungarian startup dedicated to ISO-compatible digital carbon footprint measurement and reduction, measured the carbon footprint of sixteen domestic webshops. The list included companies such as IKEA, Libri,...

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Palm oil crisis could lead to global food price hikes

The world’s largest palm oil exporters, Indonesia and Malaysia, could face significant production cuts in the coming years, leading to a global supply shortage and rising prices. The root of...

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Duty-free Canaan is over: Trump’s global restrictions are disrupting e-commerce

Donald Trump has suspended duty-free international packages worth less than $800. The decision will seriously affect Chinese e-commerce players, global supply chains – and the wallets of American consumers, writes...

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Ministry of Agriculture: Agricultural higher education is a good perspective for young people

The score limits for higher education programs starting in September 2025 have been announced; based on the data, it can be said that agricultural higher education majors are increasingly popular,...

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China extends beef import investigation – restrictions still pendin

China has extended its investigation into beef imports, which has been ongoing since December last year, by three months until November 26, the Chinese Ministry of Commerce announced. The decision...

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We’ve Already Exhausted Earth’s Resources – Overshoot Day Arrived on July 24 in 2025

July 24 marked Earth Overshoot Day in 2025, the date when humanity had consumed all the renewable resources the planet can regenerate in a year – according to the latest...

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Targeted support helps small entrepreneurs in the ornamental gardening sector

In many respects, enterprises dealing with green space management, as well as the products and services of the ornamental gardening sector, are of paramount importance, which is why the Ministry...

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Ministry of Agriculture: Forestry Climate Adaptation Forum established

The Forestry Climate Adaptation Forum held its inaugural meeting, which set the goal of developing the Forestry Climate Adaptation Strategy and the Action Plan related to the Great Plain regions...

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Belgium Allows Seven Day Store Opening

The Belgian government has decided to eliminate the mandatory weekly closing day for retailers and allow stores to open until 9:00 PM throughout the week. The proposed changes aim to...

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7-Eleven to open 1,300 stores in North America

Seven & i Holdings Co. Ltd. has launched what it calls the “transformation of 7-Eleven,” and it includes investments in stores and expansion. The Japanese retail giant is embarking on...

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Seed Association: sufficient, high-quality seed awaits sowing

The Seed Association Interprofessional Organization and Product Council has announced a net indicative price of 171 thousand forints per ton for winter cereal seeds this year – the product council...

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HEINZ and Smoothie King Weigh In with First-Ever Tomato Ketchup Smoothie

While everyone knows the age-old question “is a tomato a fruit or a vegetable?” recently, thousands have started asking, “if tomatoes are a fruit, is ketchup a smoothie?” Today, the...

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Agrometeorology: heatwave, atmospheric drought and heat stress await plants

Sunny, dry weather is expected until next weekend with peak temperatures above 30 degrees Celsius and frequent atmospheric drought, which not only makes the development of field plants more difficult,...

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KSH: retail turnover in June exceeded the same period of the previous year by 3.0 percent and the previous month by 0.5 percent

In June 2025, the volume of retail sales increased by 3.0% compared to the same period of the previous year, both according to raw data and data adjusted for calendar...

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Even behind the three percent growth lies uncertainty: stores can’t breathe a sigh of relief

Although Hungarian retail sales increased by 3 percent year-on-year in June, according to those in the sector, this is far from a real recovery. The National Federation of Trade (OKSZ)...

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NGM: retail turnover on an expanding path

According to data from the Hungarian Central Statistical Office, the volume of retail sales in June 2025 was 3% higher than in the same period of the previous year. According...

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Hungarian buyers are still more restrained

In June, retail sales volume increased by 3 percent year-on-year. The growth was 3.7 percent for food and 3.9 percent for non-food products, while fuel sales only increased by 2.5...

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ÉVOSZ has developed a green minimum proposal package

The Sustainability Section of ÉVOSZ has developed a package of proposals called “Green Minimum”, the aim of which is to make sustainability no longer an optional option, but a basic...

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Hungarian sweet corn remains at the forefront of Europe

The Hungarian sweet corn sector remains Europe’s leader in 2025, ahead of France. As one of the most important players in the EU’s sweet corn supply, our country has played...

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NGM: lower interest rates boosted businesses’ investment appetite

The lower interest rates introduced in the Széchenyi Card Program have dramatically boosted the investment appetite of Hungarian businesses: in the first seven months of the year, banks participating in...

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Hungarian industry faced another blow

Industrial production fell by 4.9 percent year-on-year in June, and the decline compared to the previous month was more than 1 percent, according to the preliminary estimate of the Central...

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