Market News
Cutting-edge technology in Indonesian cocoa production
Indonesia is the world’s third biggest cocoa producer, but the sector is struggling with many problems – some of which could be solved with the help of AI technology. This...
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Good brandy requires dedication
For years, we have increasingly noticed that the quality of brandies is also increasing, which is very important feedback for us – stated dr. Olga Beáta Felkai, Deputy State Secretary...
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Agricultural startups can cooperate with large companies in solving sector challenges
Agriculture is under pressure, in which startups can play a prominent role. The NAK TechLab large-company startup program, which is being held for the fifth time, is meant to remedy...
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Austro-Hungarian agricultural relations must be further strengthened
The cooperation between Hungary and Austria regarding agricultural digitization, plant breeding and agricultural damage mitigation practices needs to be further strengthened – stated Minister István Nagy, who held talks with...
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Kellogg harvests better-for-you Pringles
The company debuted Pringles Harvest Blends, which include blended multigrain and sweet potato ingredients — a first for the snack brand. The Pringles are available in four flavors, two of which...
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“Perceived” inflation significantly higher in Germany
Consumers in Germany perceive inflation to be three times higher than the actual rate. This has an impact on willingness to buy, as a recent study by Allianz Trade shows....
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Colruyt Looks To The ‘Store Of The Future’
Belgian retailer Colruyt has announced it is testing a new technology to ensure that shelves remain optimally stocked, while also measuring how many customers enter the store and how busy...
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AM State Secretary: the Ministry of Agriculture provides assistance to fish farmers
The government will provide HUF 3.1 billion in support to Hungarian fish producers until the end of this year – the Deputy State Secretary of the Ministry of Agriculture (AM)...
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The currently known rules of the extended producer responsibility system would change significantly
On June 19, 2023, a proposal to amend the regulations of the extended producer responsibility system (EPR) was published on the website of the Ministry of Energy, which would fundamentally...
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GFM: the mandatory promotions work and have had an effect
In order to reduce the increased food prices, on June 1, 2023, mandatory sales in retail stores began; the measure works well and has had its effect, the store chains...
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Hungarians buy fewer baked goods
The majority of Hungarian bakeries escaped closure, however, due to the rising price of bread, the population buys less baked goods. According to the president of the Hungarian Bakers’ Association,...
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DigitalTech EDIH was launched to support the digital transition of SMEs
In Hungary, the newly launched DigitalTech EDIH provides free support to hundreds of small and medium-sized enterprises (SMEs) in solving their challenges related to cyber security, blockchain technology, fintech solutions,...
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Retail sales in Slovenia have been falling for the fourth consecutive month
In Slovenia, the decrease in retail sales continued in May, both monthly and year-on-year, the statistical office announced on Wednesday. The largest decline was measured in fuel retail. The decline...
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K&H Green Seeds – phacelia and fodder radish for a more sustainable agriculture
K&H wishes to contribute to biological diversity and the sustainability of crop farming with a new initiative: with every agricultural machinery lease contract signed, they give customers a 25kg bag...
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A new collaborator has joined Mol’s plastic waste utilization
Mol and Lummus Technology are cooperating in the chemical recycling of plastic waste, Mol told MTI on Tuesday. Mol justified the cooperation by fulfilling its strategic goals. According to the...
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On the basis of a Hungarian proposal, the marking of the origin of honey mixtures may become stricter at the EU level
In recent years, Minister of Agriculture István Nagy has urged the review of the EU directive on honey on several occasions in order to provide consumers with more accurate information...
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Dual education is the future of agricultural education
The creation of the Branch Training Center of the Kisaföldi Agricultural Vocational Training Center is a milestone both in the life of the schools and in terms of the development...
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Walmart Opens High-Tech Fulfillment Center Near Indianapolis
Walmart has announced the opening of a new 2.2 million square foot fulfilment centre, located 20 miles northeast of Indianapolis, in McCordsville. The space is Walmart’s largest fulfilment centre to...
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Smurfit Kappa invests EUR 40m in Polish factory
Smurfit Kappa has invested EUR 40m in expanding its corrugated packaging plant in Pruszków, Poland. The company says the facility is now one of its largest and most high-tech packaging...
Read moreTop10 most cyber secure European country for business in 2023
Recent research has shown that 68% of high-revenue growth companies have embraced a hybrid model worldwide. With businesses enjoying remote or hybrid working, benefits including reduced maintenance costs, improved flexibility...
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Frostkrone Food Group Launches New Potato Treats
Frostkrone’s new potato snacks are called Crispy Veggie Snacks and their crunchy golden brown coating envelops a filling of delicious potato mousse. They can be eaten either on their own,...
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Information on the rules for collecting animal by-products
According to the concession tender won in 2022, MOL-MOHU will be responsible for the collection and management of municipal waste in Hungary for 35 years from July 1, 2023. The...
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The forecast of GKI Economic Research Co. for 2023
GKI’s latest detailed forecast, in March, differed from the majority view, in particular in its assumption of a downturn this year and a slower decline in inflation, as well as...
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Márton Nagy: there is a consumption trap behind the growth slowdown
Marton Nagy, Minister of Economic Development, wants to debate whether it is worthwhile to reduce inflation to the previously targeted level. He believes that due to changes in the global...
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Aluminum has always been and will always be valuable!
What do the flagpoles left on the Moon in 1969 have in common, III. In Napoleon’s dinnerware, a jeans button and a drinks can? Surprising or not, its material. Aluminum...
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Insect powder in animal feed
Agroloop is expanding its black soldier fly larvae production and processing facility, which is located close to Budapest. In a circular model, the firm uses agricultural waste to feed fly...
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Lidl trials flexible full-time work model in Finland
According to the Confederation of Finnish Trade Unions, Lidl is testing a retail sector project on flexible full-time working in Finland. In Finland the share of part-time workers in the retail...
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Crisis support for Hungarian fish farmers
The recent rise in feed prices, the additional costs caused by the Russian-Ukrainian war and last year’s drought had such a serious impact on Hungarian fish production that the Ministry...
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Research: SMEs need more incentives to improve sustainability
Sorry, this entry is only available in HU....
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The National Chamber of Agrarian Economy prepared guidelines for the new regulation of domestic and agricultural wells
Pursuant to the amendment to the law adopted by the Parliament, household and agricultural irrigation wells established without a permit before January 1, 2024 and no deeper than 50 meters...
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