Market News

The range of collective claims enforcement is expanding in Hungary – should we prepare for a wave of consumer compensation?

According to the rationale of the bill, the amendment to the law primarily seeks to find a solution to the social phenomenon that, with the spread of digitalization and the...

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Hungarian customers avoid stores, turnover of retail stores increased by 0.6 percent in October

According to both raw and calendar-adjusted data, retail turnover increased by 0.6 percent in October compared to a year earlier, the Central Statistical Office (KSH) announced on Monday. In October,...

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Matolcsy: the Hungarian economy is in a near-crisis situation, the price cap increases inflation

According to the president of the MNB, “the economic policy coherence of the government and the central bank has broken down – this costs a lot.” Matolcsy said that “the...

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The Etesd az Eszed school challenge was successfully concluded

The autumn challenge of the joint health education educational program of Nestlé Hungária and Okos Doboz ended in November. During the program, which this time was extended to the entire...

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67% of Hungarians spend less than HUF 30,000 for Christmas this year

The effect of inflation has a strong influence on the budget for gifts this year: 53% of those surveyed said that they will spend less on gifts this year than...

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Auchan gas stations still have fuel

Due to the difficult fuel situation, many motorists were unable to refuel on the first day of the week. It seems the situation is even better at Auchan gas stations....

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A sustainability incubator program was organized for young people

An incubator program on the topic of sustainability was organized for high school and university students with the support of the European Union, within the framework of the ERASMUS+ program,...

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Crisis here or there, the proportion and number of the hyper-rich continued to grow

In terms of growth rate, Europe overtakes the Asia and Pacific region in second place, while North America remained on the growth path. A global epidemic here, the economic difficulties...

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This winter’s seasonal control in the food chain has started

This year, December 5-18. ordered the winter seasonal food chain inspection by Dr. Márton Nobilis, State Secretary responsible for food industry and trade policy at the Ministry of Agriculture. During...

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Recycling-focused packaging designs

On 28 June 2022 the Hungarian Association of Packaging and Materials Handling (CSAOSZ) organised a conference, where Hungarian and international speakers talked about packaging designs with a recycling focus. CSAOSZ...

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The level of mechanization is a question of competitiveness in agriculture

While we are happy with the past successes of the agrarian farm, we are interested in the agricultural and food industry enterprises and producers being able to carry out efficient...

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How barriers towards plant-based food consumption

Dietary shifts towards more plant-based food consumption is a key element in climate-change mitigation. However, dietary changes in the direction of plant-based eating remains a challenge, both at individual and...

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The Croatian government decided to keep shops closed on Sundays

The Croatian government decided on Thursday to partially close shops on Sundays, Labor Minister Marin Piletic announced at the press conference following the cabinet meeting. The head of the ministry...

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The limestone chernozem in Herzeghalm became the soil of the year

The Ministry of Agriculture supports soil-conscious farming with all means, State Secretary for Agriculture and Rural Development Zsolt Feldman announced on Monday, at the Hungarian soil 2022 professional conference. The...

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The French Baguette Has Received UNESCO Protection

The country’s iconic bread is officially part of the “intangible cultural heritage of humanity.” In February 2021, France’s then-Minister of Culture, Roselyne Bachelot, had the unenviable task of determining which...

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According to the Minister of Agriculture, cross-border agriculture is needed

In the past 12 years, we have managed to overcome the borders separating our national parts with joint efforts and have been able to unite Hungarians again – Minister of...

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Rémy Cointreau launches circular distribution system to reduce glass waste in UK on-trade

Rémy Cointreau has become the first global brand to introduce a closed loop spirits distribution system in the UK through a partnership with ecoSpirits. The liqueur brand has taken its...

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SPAR China Partner Jiajiayue Opens Flagship Store In Binzhou City

SPAR China partner Jiajiayue has opened a flagship store in Wuyue Plaza in Bincheng, Binzhou city. Jiajiayue is a strategic alliance brand partner of Wuyue Plaza, which opened in October...

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The KAP calculator for the 2023-2027 subsidy period is available on the NAK website

In the period ahead, we have to meet many new challenges, so it is important to be able to calculate our potential income in the best possible way. The KAP...

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Game meat is sustainable, natural, healthy – and domestic

Wild meats are part of traditional Hungarian cuisine, and they can also be used to prepare healthy dishes that meet the latest consumer expectations, said Márton Nobilis, the State Secretary...

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With the cooperation of easySales and Packeta, the international courier service for Hungarian customers becomes more efficient

The Romanian company easySales, which provides automated services for online stores, has integrated the Packeta Hungary courier service, with which e-retailers using easySales can access Packeta’s almost 1,900 pick-up points...

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FAO:Global food prices overall hold steady in November

The measure of changes in world food commodity prices remained largely steady in November, with declining international prices of cereals, meat and dairy products offsetting increasing quotations for vegetable oils...

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This year, the Santa Factory is waiting for donations at a new location

This year, one of the largest charity campaigns in the country, Mikulásgyár, opened its doors at a new location, in the V district, in the Solidarity Park in Városháza Park,...

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The country’s best pálinka were chosen

When we talk about pálinka, thanks to the work of commercial pálinka distilleries, we can now think of a high-quality, true gastronomic specialty, which is one of our nation’s outstanding...

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High risk of aflatoxin contamination in dairy products – Nébih found it in a surprising place

The National Food Chain Safety Office (Nébih) ordered a national target inspection after the authority’s laboratory detected aflatoxin contamination in quantities above the limit in milk products intended for direct...

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Substantial government resources support the production of quality wine

The XXI. Andrew’s Day winemaker meeting. At Friday’s event, the Secretary of State for Agriculture and Rural Development of the Ministry of Agriculture emphasized that climate change, changes in consumer...

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December 5 is the International Day of Volunteering

Volunteering is charity, work done out of free will, without financial compensation. On December 17, 1985, at the initiative of the United Nations, the decision was made that December 5...

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Most of the savings of Hungarian households are completely unprotected against inflation

While the wealthy are getting richer, the coffers of representatives of the lower income classes are extremely vulnerable in such a high inflation environment. Currently, barely a tenth of domestic...

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AKI: fewer tomatoes were grown in Hungary and globally

Globally and in Hungary, fewer industrial tomatoes were produced in 2022 than the previous year – the Agricultural Economics Institute (AKI) reports in its publication. In the summary published on...

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Bel Group Announces Joint Venture With India’s Britannia Industries

French cheese maker Bel Group has announced a joint venture with India’s Britannia Industries Ltd (BIL), which will see the former acquire a 49% stake in BDPL (Britannia Dairy Private...

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