Market News
Hungarian Confectionery Industry Association: the price of a begli will be around 5,000 HUF this Christmas
The president of the Hungarian Confectionery Industry Association, Balázs Erdélyi, believes that although the “industrial” products have become cheaper than the products available in pastry shops, their quality is much...
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This is the price of carp this Christmas
Pénzcentrum found out what kind of fish season Hungarian customers can prepare for, in what quantity and at what price customers’ favorite fish will be available during the holiday season....
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AM: bread occupies a prominent place in the food industry
In the food industry, more than 3,900 companies produce in 33 branches. Among them, bread has a prominent place, because it is one of the most basic foods – stated...
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Wild meat can be healthier, more ecologically favorable and now even more economical
The Budapest Chamber of Commerce and Industry (BKIK), the Étrend Association of Hungarian Chefs, the Southern Great Plain Gastronomy and Tourism Association and the Miskolc and Térsége Tourism Public Association...
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Hungarian food industry companies presented themselves in Spain
Hungarian food industry companies presented themselves in Spain at the first two targeted business development meetings of the Hungarian Food Business Program of the Agrármarketing Centrum (AMC), AMC told MTI...
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The European Parliament has decided: new rules for sustainability reports
The new directive will standardize companies’ sustainability reporting from 2024, so that financial companies, investors and the wider public can access comparable and reliable information about what organizations are doing...
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The Continental Tobacco Industry Group has successfully completed its nearly HUF 10 billion factory hall development
The Continental Tobacco Industry Group has successfully completed its nearly HUF 10 billion investment in its tobacco factory in Sátoraljaújhely by handing over the new tobacco preparation hall and modernizing...
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3 billion HUF per year is allocated to the implementation of the national wine marketing strategy
The government will provide HUF 3 billion per year for the implementation of the soon-to-be-completed national wine marketing strategy – the government commissioner responsible for national wine marketing announced on...
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The beekeeping industry receives more than 42 million euros in support
The Ministry of Agriculture (AM) highly values the work of Hungarian beekeepers, which is reflected in the fact that we intend to support the development of the sector with a...
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Food inflation in Ukraine will soon reach 40 percent, but there is no shortage of products
Apart from a few weeks, in the last ten months, it was not typical that the shelves of the stores were completely empty in Ukraine. People’s wallets were all the...
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Domestic hospitality was not in such a big trouble due to covid – will the tourist rescue operation help?
The sector is under such an all-out fire that people living today have simply never experienced. Now everyone is calculating, but it is clear that the key factor in this...
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This is what will be especially expensive now in Hungarian stores
The price of large household appliances (refrigerators, gas stoves, washing machines) has increased significantly, so those who want to replace them with more modern and energy-efficient ones because of the...
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By the middle of next year, the proportion of non-performing corporate loans may even double
The drastic deterioration of economic conditions will be reflected in the drastic deterioration of corporate loans within a few quarters. According to the estimate of Moore Hungary’s financial consulting business,...
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According to the Romanian Statistical Office, the price of meat products has increased, according to producers, it has decreased
There is no agreement between researchers and manufacturers. In Romania, in the first half of 2022, 16 percent more cold cuts were sold than in the same period last year,...
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Upside Foods gets FDA greenlight for cultivated chicken
Cultivated meat maker Upside Foods received approval from the FDA for its chicken grown from animal cells. This is the first regulatory approval for any cultivated meat in the U.S....
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Tesco rebrands ‘reduced to clear’ aisle
Big 4 grocer Tesco is rebranding its “reduced to clear” section allowing better visibility for customers looking to save money on items As rising food bills push inflation to the...
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Nestlé Inaugurates New Research And Development Centre In Chile
Food giant Nestlé has inaugurated a new research and development centre in Santiago, Chile, as it seeks to focus on consumers in Latin America. The company hopes to develop nutritious,...
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Ipsos: Completely new opportunities have appeared in the field of product testing
The Ipsos article shows how combining behavioral science with product testing can lead to a better understanding and use of test results, and how this can lead to new, innovative...
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Hungary is in the lead: this is how food prices in Central Europe have risen
Eurostat’s fresh statistics, specifically just for food inflation, have come out, the first places of which have not changed significantly for months. This was also the case in October, the...
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Street food stands its ground in spite of the energy crisis
The increased labor and raw material costs, as well as the skyrocketing energy prices, challenged the hospitality industry again this year. As a result of the market situation, prices increased...
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This is what is cheaper at the Lidl in Párkán, and what is more worth buying here
Many Hungarians visit the Lidl in Párkány regularly to shop, a 45,000 dollar purchase at home can easily turn into a 32,000 dollar purchase with a detour in Slovakia. Of...
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The Hungarian meat industry is in big trouble
Is it really not worth it to keep chickens, pigs or cattle? In Hungary, in the summer of 2022, fewer of the main farm animal species were kept than a...
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There may be a beer shortage affecting the whole of Europe
Due to the energy crisis and climate change, Europe’s largest malt exporter is facing serious problems, which are further deepened by the Russian-Ukrainian war. “The increasingly protracted Russian-Ukrainian conflict presented...
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A social consultation has begun on returnable plastic cups
A social consultation has begun organized by the Budapest Chamber of Commerce and Industry (BKIK) and the Zöld Követ Egyesület on returnable plastic cups, the BKIK informed MTI on Thursday....
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Cereal prices are soaring, but there is no threat of stock shortage
Data from the Market Price Information System (PÁIR) of the Research Institute of Agricultural Economics (AKI) reveals: in Hungary on the first week of October, the price of bread wheat...
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Ministry of Agriculture: already awarded tenders are not covered by the information issued on the Rural Development Program
In the past few days, the Ministry of Agriculture (AM) has informed farmers and businesses that have submitted support applications for Rural Development Program applications but have not yet received...
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In the euro zone, core inflation accelerated from 4.8 percent to 5 percent in October
Annual inflation in the Eurozone accelerated to a record level of 10.6 percent in October from 9.9 percent in September, while the consumer price increase in the EU as a...
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Brand building with business awards
Brand building is a long process, where the brand has to prove its credibility again and again, guaranteeing high quality and strengthening customer trust in the brand at the same...
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This is the true cost of phishing attacks for SMEs
The range of threats is constantly evolving and expanding as more and more employees choose to work remotely. In particular, the number of phishing attacks has increased exponentially since the...
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The spa association calls for the expansion of the tourism action plan
The Hungarian Bath Association calls for the expansion of the tourism action plan; the members of the association want, among other things, VAT reductions, wage subsidies and utility subsidies, stressing...
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