Market News

With a few simple steps, the amount of donations in Hungary could be doubled

Hungarians would donate twice as much as they do now if they were properly motivated, and although 39 percent of them are already willing to pay more for products and...

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Eurostat: Euro area annual inflation down to 10.0%

Euro area annual inflation is expected to be 10.0% in November 2022, down from 10.6% in October according to a flash estimate from Eurostat, the statistical office of the European...

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According to a research, company managers would avoid the recession with company acquisitions

Every second leader plans to acquire a company within a year, and sustainability will be critical to maintaining competitiveness, according to the global research of the international consulting company EY....

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According to a study, a large group of Hungarians are passively climate conscious

Hungarians acknowledge climate change and its effects better than the European average, but they are less worried about it; when choosing products and services, such as insurance, 41 percent buy...

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Children living in extreme poverty are helped by a joint action of Kellogg and the United Way

United Way Hungary won a $25,000 grant from United Way Worldwide’s “United to Feed” innovation grant for the implementation of the Junior Magic Chefs program, which will soon start at...

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Inferior quality foods can be the winners of the crisis

Although food shortages are not expected, demand will most likely shift to cheaper, lower-quality foods due to inflation. – said Attila Csányi, CEO of the Bonafarm Group. According to the...

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The Minister of Agriculture told the truth about the rise in food prices – this is what awaits us in 2023

Consumers are affected by the continuous increase in food prices, many people buy less than before. However, the words of Agriculture Minister István Nagy about food price caps shocked everyone....

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Stable operation, strengthened leadership at ÖRT

The 2022 General Assembly of the ÖRT confirmed the management of the organization, so in the next three years, dr. Kálmán Molnár, Unilever’s director of legal and corporate relations, will...

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Márton Nagy: security of supply is at risk, this could put an end to the price cap

Security of supply issues arise due to the price cap, which, according to Minister of Economic Development Márton Nagy, may even lead to the premature termination of official prices. “The...

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Moms also have to keep up with the latest trends in the toy market

The domestic gaming market is quite large, around HUF 100 billion, and it can also be said to be a crisis-resistant sector. At the same time, there are also changes...

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The European Commission proposes new rules to reduce packaging waste

The European Commission proposed new European Union legislation on Wednesday, which aims to reduce the amount of plastic packaging waste that is difficult to decompose and harmful to the environment....

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The productivity of agriculture can increase significantly

With the smart use of subsidies from the 2023-2027 EU development cycle in Hungarian agriculture, productivity can increase by one and a half times and the added value by two...

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HUF 750 billion goes to the food industry

In the next European Union development cycle, HUF 750 billion can be allocated to the food industry, which is a significant increase compared to the amount of HUF 463 billion...

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The Competition Authority also fights against inflation

The Economic Competition Authority (GVH) is stepping up its competition law efforts related to the suppression of inflation. The GVH started a six-month consultation series in order to inform itself...

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This year, they are also looking for the logistics excellence of the year

For years, the Hungarian Logistics, Procurement and Inventory Association (MLBKT) has been announcing the most prestigious awards in the Hungarian procurement and logistics profession in several categories. The aim of...

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Replanning consumers, replanning retailers

A 1,000-respondent survey conducted by KPMG in the summer of 2022, titled “Consumer Pulse Survey”, has found that rising prices made consumers change their shopping habits: they now spend their...

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Müller to entirely phase out coloured milk bottle caps by next summer

Müller Milk & Ingredients is to switch all its coloured milk bottle caps to clear, recyclable plastic, following a series of successful trials. The dairy giant said it aimed to...

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Sweet chestnut cultivation is concentrated in Transdanubia

Chestnuts are grown on the largest surface in Vas, Somogy and Zala counties. In addition to the unique taste of this shelled fruit, it also has excellent content values ​​-...

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A new version is available for the mobilGAZDA application

The new version of the application includes many convenience changes, technical and interface modifications; with the renewed menu system, using the application has become much more convenient. In addition to...

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Bavaria dominates gingerbread production in Germany

With the pre-Christmas season on, gingerbread season begins again. According to a recent announcement by the State Office for Statistics in Munich, industrial gingerbread production is increasingly dominated by Bavarian...

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Bird flu has also appeared in Békés County

The laboratory of the National Food Chain Safety Office (Nébih) detected the highly pathogenic avian influenza virus in the animals of another duck farm. With the outbreak in the settlement...

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Ahold Delhaize Sets New CO2 Emission Reduction Targets

Dutch retail group Ahold Delhaize has set new CO2 emission reduction goals of at least 37% across its value chain (scope 3), and 50% across its own operations (scope 1...

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The last day for agricultural damage mitigation has arrived

Until November 30, 2022, farmers can submit their application for damage mitigation benefits on the electronic application interface of the MKR (Agricultural Risk Management System) of the Hungarian State Treasury...

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Nébih: the black trade of large scale fishes continues to flourish

The black trade in large fish continues to flourish, the fish guards of the National Food Chain Safety Office (Nébih) and KTVHESZ managed to bring another large Tisza carp home...

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Cooperation between FAO and Hungary continues to strengthen

As a committed partner of the FAO, Hungary helps to achieve sustainable development goals with an international agricultural scholarship program covering almost 50 countries and by financing joint projects –...

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How much do groceries really cost? (Video)

About 14% of all food produced goes to waste between harvest and the wholesale market, resulting in $400 billion worth of food waste each year. But it’s not just a...

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SoftPOS: replacing cash with contactless payment

From 1 January 2021 online cash register users are obliged to offer an electronic payment option to customers. From the contactless, QR and link payment solutions of SimpleBusiness, every customer...

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Opten: The liquidation procedures have stalled! Does it indicate insolvency or an aftereffect of Covid?

Changes in liquidation procedures dominate the company trend in October, with the number of initiated procedures exceeding 1,000. This is almost four times more than the same period of the...

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A plant-based diet can reduce the risk of bowel cancer in men by 22 percent

A plant-based diet can reduce the risk of colon cancer in men by 22 percent, according to new research – the online edition of The Guardian cited the results of...

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Target expands Starbucks curbside pickup service

Adding to its partnership, Target will deliver Starbucks food and beverages in its Drive Up curbside service at select locations, according to a press release. Target initially began integrating the...

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