Market News

Retailers are considering legal action because of deposit return scheme

Retailers plan to take legal action against the Scottish government’s deposit return scheme, saying it will impose impossible financial demands on thousands of businesses. They claim that with less than...

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Colruyt uses less water thanks to recycling waste water

Belgium’s Colruyt Group has reduced water consumption at three sites in Halle by approximately 8,000m³, by building a water treatment plant at its distribution centre in Dassenvel at the end...

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World’s First Plant-Based Honey To Launch In Europe Next January

One of the largest European organic food producers, Narayan Foods, is preparing to launch the world’s first plant-based honey in select European countries early in 2023. Narayan’s honey is the...

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Before the change, EU regulations on substances that come into contact with food

With a public consultation questionnaire, the EU seeks the opinions of people, businesses and other professional actors for the review of EU regulations on substances that come into contact with...

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Metro Announces New Water Conservation Target For 2030

German wholesale giant Metro aims to reduce water consumption across its operations by 10% per square metre of net operating space by 2030 compared to the base year 2021. The...

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Mars reaches for the clouds with Accenture

Confectionery heavyweight Mars will utilize the tools of professional services company Accenture to build its cloud platform for manufacturing applications, data and artificial intelligence, target waste reduction, water management and...

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Job search and wage transparency are also supported by Profession.hu’s new campaign

The campaign launched on October 17 serves a dual purpose: with its intense presence and content that is expected to influence the public discourse, it also motivates previously passive job...

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The industry asked the government to extend the suspension of the advertising tax

The Hungarian Advertising Association (MRSZ) appealed to the government to extend the suspension of the advertising tax until January 1 due to the economic crisis, the association informed MTI on...

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The pharmaceutical industry is suffering from post-covid syndrome

After the big boom in 2020-2021 related to the coronavirus epidemic, but not exclusively affecting vaccine manufacturers, the global pharmaceutical industry slowed down to its usual pace. The record revenues...

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The bird flu situation in Europe is still not encouraging

There has been no positive change in the bird flu situation in Europe since the beginning of September, and the wild bird migration taking place throughout the continent in the...

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The yield of the autumn harvest in Békés County was even weaker than expected

The yield averages for the autumn harvest in Békés County were weaker than the preliminary, not very optimistic expectations, especially the small amount of corn and soybeans, the secretary of...

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Conscious shopping does not exist, says the expert

Telex talked to an expert about the functioning of shopping behaviors who has studied these processes through research in recent years. Psychologist Ákos Csertán talked about the impossibility of conscious...

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Bakery products end up in the bin the most, durable food and meat the least

The vast majority of Hungarians consider themselves to be conscious consumers, despite this, 59% of our compatriots throw away food, and 23% especially a lot – according to the data...

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The gluten-free breads and baked goods of the year were awarded

In connection with the Magyarok Kenyere program, the competition for gluten-free breads and pastries was organized by the Association of Hungarian Farmers’ Associations and Farmers’ Cooperatives, the National Chamber of...

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István Nagy: the issue of food prices is also included in the national consultation

The issue of food prices is also included in the national consultation – Minister of Agriculture István Nagy pointed out in a video published on the government’s Facebook page on...

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World Food Day: For a fairer future where everyone has access to healthy food

Today’s global crises, the ongoing pandemic, conflicts, climate change, inflation and international tensions all have a serious impact on food safety. More than 800 million people are hungry worldwide, and...

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Autumn prize avalanche with trademarked products

Eszter Benedek, managing director of Hungarian Product Kft.: “Shoppers who purchase products bearing the Hungarian Product trademark can participate in exciting prize games this autumn. Our loyalty website, www.magyaranyero.hu serves...

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Chocolates in the spirit of caring

Last year was about premiumisation in the praline category, and this trend continued in early 2022 too. Lilla Kelemen, Nestlé Hungária Kft.’s brand manager – seasonal and gifting: “I think...

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The extreme drought further deepened the crisis in the fruit sector

The effect of this year’s historic drought was reflected in the condition of all fruit varieties. Among the fruits grown in the largest quantity, apples are expected to have the...

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Coop Denmark to increase renewable energy production

Coop Denmark has installed more solar panels across its operations as it seeks to lay the groundwork for its sustainability goal of becoming climate positive by 2030. The retailer has...

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E-commerce companies are also suffering from the crisis

Drastic inflation, the rise in overhead costs and the uncertainty experienced by consumers soon had an impact on online retail as well: in September, 49 percent of e-commerce companies experienced...

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Promotions come with inflation, but careless traders can get into serious trouble this way

Persistently high inflation and rising prices make customers even more receptive to various promotions. However, in the changed market environment, traders must pay close attention to properly announcing discounts, as...

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Chambers of commerce also play a role in fine-tuning the SME support system

The transition to flat-rate taxation and the administration of flat-rate taxpayers will continue to be simplified, announced Finance Minister Mihály Varga at the Budapest Chamber of Commerce and Industry (BKIK)...

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Tesco and Pret A Manger end cooperation

Tesco has ended its partnership with Pret A Manager after just over a year. The two parties announced the trial in May last year, with the first Pret A Manger...

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Századvég conference – István Nagy: strengthening the economy of the countryside is strengthening the whole of Hungary

Everything must be done to strengthen the economy of the countryside, because that is the strengthening of the whole of Hungary – said the Minister of Agriculture in his video...

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Plant-based food sales rise, but meat sales not affected

UK’s craving for meat is not affected by campaigns for plant-based alternatives, according to new research by the University of Surrey. The study looked at UK supermarket sales during the...

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SPAR Croatia Commences Construction Of New Logistics Centre

SPAR Croatia has commenced the first phase of construction of its new logistics centre in Donja Zdenčina, located in the municipality of Klinča Sela in Zagreb county. The retailer is...

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Leonidas moves to a bigger factory in Nivelles

Belgian chocolate producer Leonidas is moving all its production and its headquarters to Nivelles, south of Brussels. This should enable Leonidas further expansion and more R&D possibilities. Chocolates producer Leonidas...

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Advance payment for uniform applications begins

The advance payment of the increased amount related to this year’s uniform applications will begin on Monday, the Minister of Agriculture said at his Monday press conference in Budapest. István...

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The state forestry farms have increased their production capacities

There is huge interest in the Firewood Program, which in some regions is even multiple times the needs of previous years, which is why the production capacity has been increased,...

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