Market News
Live pig exports have strengthened
According to data from the Central Statistical Office, Hungary’s live pig exports increased by 22.7 percent to 22.5 thousand tons in January-August 2024 compared to the volume in January-August 2023....
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Hungary’s agricultural relations with the United Kingdom are further strengthened
Cooperation in the fields of agriculture and trade between Hungary and the United Kingdom must be further strengthened – stated István Nagy, Minister of Agriculture in London. The Minister held...
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Responsible packaging, sustainable future
Both the European and the domestic market feel the decline in retail sales. At the same time the changing market environment is encouraging cardboard packaging users to look for more...
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Amazon stops offering Fresh home delivery in Germany
After seven years, US-based Amazon is to discontinue its Fresh food delivery service in Germany. The service will cease in Berlin, Hamburg and Munich on 14 December and will be...
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The slowdown in the electric car market is only temporary
Global demand for pure electric, hybrid and plug-in vehicles (EVs) is slowing this year, according to an international survey conducted by EY of 19,000 consumers in 28 countries. The slowdown...
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Nestlé USA to Invest $150 Million to Expand Gaffney, South Carolina, Plant
Project will add a production line for the company’s single-serve frozen meals, as well as automation and digital technology enhancements. Nestlé USA will spend $150 million to expand its Gaffney, S.C., production...
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The most beautiful and fresh pine trees are available at farmers’ fairs this year
This year, customers can choose from even more beautiful pine trees before the Christmas period. According to the joint overview of the National Chamber of Agriculture (NAK) and the Hungarian...
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Germany’s Kaufland partners with start-up to offer more sustainable coffee
Kaufland is working with start-up Cotierra to offer more sustainably produced coffee. The coffee comes from a project in Colombia, where waste from coffee plantations is recycled. It is available...
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The amount available for ewe support will increase next year
The government is committed to supporting the sheep sector, which is why it has decided to increase one of the most important elements of the support available to sheep farmers....
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Organic farming is the key to and a leading model for sustainable agriculture
International and national organic farming experts met in Budapest at the 18th European Organic Congress. This article is available for reading in Trade magazin 2024/10 The debate focused on the...
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EU agriculture ministers discuss internal markets and fishing quotas
The situation of the European Union’s internal market and the 2025 fishing quotas will be discussed at the EU Agriculture and Fisheries Council (Agrifish) meeting on Monday, Agriculture Minister István...
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New economic “action plan”: Is it realistic to further increase household loans?
An unfortunate consequence of the domestic housing crisis is that the majority are unable to buy a home on their own, but are forced to take out a loan for...
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The holiday season begins: 800 tons of hot dogs and 55 tons of fish arrive in SPAR stores
SPAR Hungary is prepared for this year’s holidays: around 800 tons of hot dogs, 74 tons of salad, and 55 tons of fish will be delivered to the stores before...
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EU: the application of international law is also an obligation in cyberspace
The Council of the European Union approved a statement on the common interpretation and obligation of the application of international law in cyberspace, in which the member states stated: cyberspace...
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The period of layoffs is approaching: more people than usual may change jobs at the end of the year
The end of the year is fast approaching, which always creates a turbulent period on the labor market. Many people are struck by the wind of change and decide to...
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Nestlé unveils new global cuisine brands
Nestlé has launched two new international gastronomy brands in the US, Mings and Tapatío. The Mings brand was created by American chef Ming Tsai, with decades of culinary experience and...
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Trenkwalder: almost half of the employees in the private sector are dissatisfied with their salary
49 percent of employees working at companies are dissatisfied with their salary, and the majority of them plan to change jobs within a year if they have the opportunity –...
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István Nagy: regular consumption of honey is a step towards a more livable future
Regular consumption of honey is an important step for a more livable future – the Minister of Agriculture stated at the central event of the European Honey Breakfast – Let...
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Digitalisation today and tomorrow
Digitálisreklám.hu was the host of the September meeting of the Hungarian POPAI organisation, where CEO István Bata and head of sales and marketing Ágnes Péczely-Tóth welcomed participants. They prepared for...
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Packaging re-imagined
A number of factors are shaping the EU packaging market today, including the increased demand for sustainability, the promotion of free circulation in the internal market and the harmonisation of...
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The tightening of Airbnb regulations serves to solve the housing problem in Budapest
Airbnb sent an open letter to Minister of National Economy Márton Nagy, the letter contains several misinterpretable and misleading statements, the Ministry of National Economy (NGM) told MTI. In order...
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This is how the government would increase the purchasing power of incomes
The interest-free worker loan will be available from January 2025, the social negotiation of the loan scheme has begun – the Ministry of National Economy (NGM) announced to MTI. According...
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Unilever seeks to divest Dutch classics
Unilever is considering the sale of classic Dutch brands such as Unox (soups) and Conimex (Asian seasonings). The manufacturer wants to focus only on its thirty biggest brands. Unilever has...
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Metro Opens New Logistics Centre In Serbia
German wholesaler Metro Cash and Carry has opened a new 15,000-square-metre distribution centre in VGP Park Belgrade, Dobanovci, in Serbia. The facility, built to Metro’s specifications and leased by the...
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Impossible Foods opens plant-based pop-up shop in Chicago
Leading alternative meat brand Impossible Foods has opened its first physical store, a pop-up concept called Impossible Quality Meats in Uptown Chicago, offering plant-based food options including appetizers, salads, wraps,...
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K&H: middle-aged Hungarians are more shy, despite their higher income
The income of middle-aged people shows a gradual increase over the decade, in the last four quarters, this amount has been stably above HUF 500,000 per household, compared to, for...
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Arla Foods to launches plant-based Lurpak in the UK and Denmark
Multinational cooperative Arla Foods launched a plant-based version of Lurpak butter in the UK and Denmark. This article is available for reading in Trade magazin 2024/10 The initiative is in...
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Cocoa, coffee and tea prices raise global food import bill for richer countries
The global food import bill is expected to increase by 2.2% year-on-year to more than $2 trillion in 2024, driven by higher prices for cocoa, coffee and tea, and higher...
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Hungarians use artificial intelligence for work less often than the international average
Hungarian employees use artificial intelligence for work or private purposes less often than the global average. Most often, they rely on software based on this technology for fact-finding, translation and...
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Miklós Nagy: “The EPR system is moving too fast”
Our magazine interviewed Miklós Nagy, technical secretary of the National Association of Packaging and Materials Handling (CSAOSZ). This article is available for reading in Trade magazin 2024/11 – How is...
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