Market News
Forecast for 2022-23: Recession, accelerating inflation, worsening external balance
Date: 2022-10-24 10:52:19
GKI’s current forecast was made in a context of even greater uncertainty than usual, and understanding trends was complicated by the sharp change in economic developments in the middle of...
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A category where even the bitter is sweet
Date: 2022-10-24 10:29:05
András Tripolszky, marketing director of Roust Hungary: “Flavoured spirit sales were up 11.9% in 2021. Sales of anise-flavoured spirits grew above the average, by more than 30%. A large part...
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Supporting packaging-free is also important from the point of view of sustainability
Date: 2022-10-24 10:25:08
The Ministry of Agriculture is committed to supporting innovations and innovative solutions that can move the Hungarian food industry forward – declared Márton Nobilis, the Secretary of State responsible for...
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Number Of SPAR Express Stores At Polish AVIA Forecourts On The Rise
Date: 2022-10-24 09:25:59
Poland’s AVIA forecourt network has announced that 25 of its locations now boast SPAR Express retail stores, with the number of outlets ‘constantly growing’. AVIA, which is managed in Poland...
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Pernod Ricard to enhance its presence in US and Mexico
Date: 2022-10-24 09:20:31
Pernod Ricard raised its profile in the US and Mexico with two big investment moves that will amplify its presence in the west. The moves reportedly included the French drinks...
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Colruyt launches ‘welfare chickens’ in new supply chain
Date: 2022-10-24 09:09:09
Colruyt is joining forces with 17 Belgian breeders by launching an exclusive collaborative chain for meat chickens. The chickens are to become genuine “welfare chickens”. Colruyt is entering into a...
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The beekeepers in Tiszántúl produced half as much honey because of the drought
Date: 2022-10-24 08:01:43
Due to the summer drought, beekeepers were able to produce half of the usual amount of honey, mainly east of the Danube, the founding president of the Békés County Beekeepers’...
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Small agricultural enterprises can once again apply for support
Date: 2022-10-24 07:06:10
The applications are expected from November 17 until the end of the month – announced the Minister of Agriculture at his Monday press conference in Budapest. István Nagy announced that...
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World Earth Day – How to get your child to collect aluminum selectively?
Date: 2022-10-21 13:32:34
Recycling aluminum cans is just one small, but very important step towards environmental awareness and saving resources. If we act wisely as parents, it will become completely natural for the...
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This is the first retail chain to accept cryptocurrency payments
Date: 2022-10-21 12:13:36
In a move that brings the future of payment processes to their everyday transactions, LuLu Hypermarkets across Bahrain have become the first retail outlet in the Kingdom to accept cryptocurrency...
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Cell-based cocoa to save the chocolate industry?
Date: 2022-10-21 10:41:23
Finnish food industry giant Fazer has begun researching cell-based chocolate, in order to be able to cultivate confectionery ingredients without the need for traditional farming inputs in the future. Cellular...
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Szijjártó: the government is launching a factory rescue program
Date: 2022-10-21 10:33:22
The government is launching a factory rescue program, within the framework of which, in the first round, a total of HUF 150 billion in support will be provided for investments...
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PTE and Danubiana Kft. start developing grape-based gin products
Date: 2022-10-21 10:18:45
Danubiana Kft., which is based in Bonyhád and deals with wine production and export, is starting to develop new gin products made from grapes without loss of aroma, together with...
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Rented IT speeds up the reaction time of companies
Date: 2022-10-21 09:57:45
The crisis directed companies’ attention to rented IT services (SaaS) again. The IT resources and tools used in this way can not only be scaled immediately and flexibly to current...
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Auchan Retail Portugal Rolls Out New Customer Loyalty Programme
Date: 2022-10-21 09:53:20
Auchan Retail Portugal has rolled out Clube Auchan, a new loyalty programme designed to strengthen the relationship between the brand and its customers, the retailer said. According to the group,...
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Savencia grows further vegan in Germany
Date: 2022-10-21 09:47:35
With our innovation HOPE, we offer incredibly delicious plant-based food for sale,” Maren Huth, Marketing Director at Savencia emphasizes. “That’s because 88 percent of users consume regular cheese, too.” “HOPE”...
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Szijjártó: self-sufficiency in the food industry requires continuous capacity-building investments
Date: 2022-10-21 09:21:57
Self-sufficiency in the food industry requires continuous capacity expansions, and this is also important because as many investments as possible must be made in order for Hungary to be a...
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In the market, a real relationship develops between trader and buyer
Date: 2022-10-21 09:13:49
It is important that by purchasing domestic products, we help preserve domestic jobs, self-sufficiency and overcome economic difficulties as soon as possible – declared Márton Nobilis, the Secretary of State...
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HelloFresh Launches Operations In Ireland
Date: 2022-10-21 09:00:31
Meal-kit firm HelloFresh has launched in Ireland, the 18th country in which it has commenced operations. The group said that the launch marks an ‘important milestone’ in its global growth...
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AM: in the market, a real relationship develops between trader and customer
Date: 2022-10-21 08:41:37
It is important to help preserve domestic jobs, self-sufficiency and overcome economic difficulties as soon as possible by purchasing domestic products – stated Márton Nobilis, the Secretary of State responsible...
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State Secretary TIM: engineers have a special role in the implementation of sustainable economic development
Date: 2022-10-20 13:33:16
In achieving sustainable economic development and ensuring a healthy, livable environment, current and future engineers have a special role, and the government sees them as partners – stated the state...
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According to the KPMG 2022 CEO Outlook research, leaders of large global companies stick to long-term goals
Date: 2022-10-20 12:47:53
According to the KPMG 2022 CEO Outlook, eight out of ten CEOs of the world’s largest companies expect an economic downturn in the next 12 months. However, half of the...
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K&H: Domestic family-owned companies face challenges
Date: 2022-10-20 11:49:52
After successfully overcoming the uncertainties caused by the coronavirus and the Russian-Ukrainian conflict, the continuous rise in prices may now bring a change of attitude to domestic family-owned companies. Inflation...
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HUF 1.4 billion will be spent on the sustainable water management of the Szent László stream
Date: 2022-10-20 11:21:29
After the completion of the project called the rehabilitation of the Szent László stream, the arrangement of the water flow under the title of sustainable water management of the Szent...
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The data reconciliation related to the 2022 uniform applications begins
Date: 2022-10-20 10:40:16
On October 20, 2022, the sending of data reconciliation orders containing certain errors concerning area-based unified applications to customers or their representatives will begin. As in the previous year, in...
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Calls for tenders for irrigation development have been extended
Date: 2022-10-20 10:18:52
The Ministry of Agriculture continues to treat irrigation development and the development of the water management sector as a priority area. Applications can be submitted until the extended deadline, June...
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NAV: a criminal gang cheated with price-capped food
Date: 2022-10-20 10:03:57
The network of companies that caused billions in damage with price-capped food was liquidated in an international operation, the National Tax and Customs Administration (NAV) announced on its Facebook page...
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Coface: what to expect on the Hungarian fuel market?
Date: 2022-10-20 09:36:57
European countries have already faced rising inflation, but prices may get another boost – according to the analysis of the credit insurance company Coface, in which the development of raw...
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Traffic light eco-ratings on menus prompt vegetarian choices
Date: 2022-10-20 09:22:55
A traffic light system rating the eco-friendliness of food on delivery app menus influences vegetarian choices, according to a new study. Conducted by the University of Bristol, of 1,399 adults...
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Danish Retailer MENY Enters Wine E-Commerce Market
Date: 2022-10-20 09:16:50
Danish retailer Dagrofa has announced that its MENY retail chain is launching a new e-commerce platform for selling wine. The platform, MENY Wine, is part of the retailer’s #FremgangSammen strategy, which...
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