Market News
The sale of energy drinks to minors has been banned in Romania
In Romania, the House of Representatives voted with a large majority on Tuesday the draft law that prohibits the sale of energy drinks to minors. According to the law, it...
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Minister of National Economy Márton Nagy in the GVH podcast
What factors caused the development of record inflation in Hungary and what is the reason for the rapid reversal of monetary deterioration? For what reasons did food inflation rise and...
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Ukrainian honey can come again
On Monday evening, a new government decision was published in the Magyar Közlöny, which makes it possible to import Ukrainian honey to Hungary again. The interesting part of the decision...
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Nébih contacts the farmers involved in the eGN data reconciliation
Farming logs could be uploaded to the eGN system of the National Food Chain Safety Office (Nébih) until midnight on February 15. More than 100,000 farmers recorded more than 10 million...
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Exports of shelled nuts and nut guts also fell
According to KSH data, the walnut harvest in 2022 was 6.45 thousand tons, 8 percent more than a year earlier. According to experts, the harvest in 2023 was weaker than average....
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WWF: Changing food culture can help sustainability
Changing food culture can help sustainability, according to WWF’s latest survey in Central Europe. The change on our plate – WWF’s report on sustainable nutrition in Central Europe study draws...
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We protect the interests of farmers by all means
The government sees farmers as strategic partners and will protect their interests by all means, Minister of Agriculture István Nagy declared on Monday in Kalocsán at a forum organized as...
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A 5 percent higher sunflower seed yield is expected
The USDA expects a world sunflower seed harvest of 55.1 million tons in 2023/2024. economic year, this may exceed the volume of the previous year by 5 percent. The global output...
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Ocado launches ‘fine dining’ frozen food range for pets
Ocado is to offer a ‘fine dining’ frozen food range for pets in a bid to appeal to more “younger, urban, mindful owners”. Pet food brand Ted’s Bowl range is...
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Inland water situation in agriculture
In the country at the beginning of 2024, the amount of agricultural land covered by inland water is considerable, but not particularly high. Based on satellite radar images, at the end...
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Plant protection is the basis of food safety
The safety of the food chain must be guaranteed from its roots, i.e. plant protection. That is why the professional up-to-dateness of plant doctors is not only of scientific interest,...
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Mutti Earmarks €100m For Expansion And New Products
Italian tomato-based derivatives producer Mutti plans to invest €100 million to launch new subsidiaries and products as part of its 2024-2028 Strategic Plan. The CEO and majority shareholder, Francesco Mutti,...
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Lidl, Billa To Open New Stores in Bulgaria
Lidl Bulgaria is set to expand its retail network with the opening of eight to 10 new stores in 2024, with each outlet seeing an average investment of BGN 14...
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Snoop Dogg, Dr. Dre bring hit ‘Gin & Juice’ to the beverage space
Thirty years after the two unleashed the namesake song to the public, the rappers have partnered on a RTD cocktail offering. Thirty years after their hit collaboration “Gin & Juice”...
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The producer price of raw milk decreased by 26 percent compared to a year earlier
In December 2023, the producer price of raw milk in national currency decreased by 20 percent in the European Union, by 17 percent in New Zealand, and by 16 percent...
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These are the challenges of the FMCG market now, according to Gabriella Heiszler
Gabriella Heiszler, president and managing director of SPAR Magyarország Kereskedelmi Kft., spoke about the challenges of the FMCG market and the development of the sector in her interview with Pénzcentrum....
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The product categories of High Quality Food are being expanded
The number of product categories of the Excellent Quality Food mark may soon be expanded – the National Chamber of Agriculture (NAK) announced to MTI on Monday. According to the...
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Tomatoes have become more expensive
Based on recent data from the KSH, it was revealed that the price of tomatoes and peppers rose significantly in January 2024, and the price of red onions also rose....
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He built a new storage facility at the Mezőtúr site of Prince Job Holding Zrt
Prince Job Holding Zrt., which deals with the storage and packaging of corn and sunflower seeds, built a new warehouse, bought modern machines and installed solar panels at one of...
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Majority Of Europeans Consider Ultra-Processed Foods Unhealthy, Study Finds
The majority of European consumers (65%) believe that ultra-processed food items are unhealthy and will cause health issues later in life, according to a new study conducted by the EIT...
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2024 is the year of improvements in vocational training
2024 is the year of improvements in vocational training – declared the state secretary responsible for innovation and higher education of the Ministry of Culture and Innovation at the opening...
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Mega Image Invests €25m In Store, Warehouse Upgrades
Romanian food retailer Mega Image has invested over €25 million in renovating and modernising its stores and warehouses. The retailer, which is part of the Ahold Delhaize group, has already renovated...
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Balázs Győrffy: the V4 agricultural organizations are holding a joint farmer demonstration
The agrarian chambers of the Visegrad countries are organizing a joint demonstration together with the representatives of Latvia and Lithuania on February 22, drawing the public’s attention to the fact...
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K&H: This year, companies’ sales may increase above inflation
Compared to the previous ones, the companies expect a slightly more modest increase in sales of 7.2 percent, but at the same time a stable increase in profit of 3.8...
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Good news for customers: the price reduction has started in the technical market
According to Euronics, sales revenue and the number of purchases decreased in 2023 in parallel with the decline of retail traffic in Hungary, but the last quarter again brought good...
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Márton Nagy: the reduction of inflation is due to the choice of the right tools
The rapid reduction of inflation is due to the fact that the government used the best tools, realizing the importance of fiscal and regulatory policy in stopping unfavorable processes, the...
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What is the scientific truth behind fasting?
The forty-day Lent before Easter has begun, but at this time many people, regardless of religion, start a juice fast or detox in order to get in shape for spring....
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The horticulture sector can be renewed through integration
Integration is unavoidable for efficient development and renewal of the horticulture sector. And for this, it is necessary to make effective use of the tender opportunities. That is why we continue...
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The Food Rescue Center is collecting food donations again
The Food Rescue Center is collecting food donations again – announced Zsolt Nyitrai, Chief Advisor to the Prime Minister, in a video published on his Facebook page on Sunday. The...
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NAK organizes a series of professional events for farmers entitled Real animal welfare
The National Chamber of Agriculture is launching a series of events under the title “Real animal welfare”, the aim of which is to provide farmers with knowledge that will help...
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