Market News
Minister of Agriculture István Nagy discussed the export of Hungarian foodstuffs to the United States in Washington
On Tuesday, the Hungarian Minister of Agriculture also discussed the export of Hungarian waterfowl to the United States and the possibilities of transporting mangalica ham to the United States. On...
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The solvency of the population decreased the most in Western and Central Hungary
Since last year, the solvency of families has decreased the most in Western Transdanubia, according to research by Intrum and GKI: solvency in the region fell by 58 percent in...
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Research: plant-based products are growing in popularity, especially among young people
This year, Danone Magyarország Kft. also prepared its representative research, the purpose of which is to map how well known and followed the flexitarian diet is among Hungarian consumers, how...
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Paws in trouble – SPAR organizes a national pet food collection for the third time
Most four-legged pets live with caring and loving owners, from whom they receive adequate amounts of food, care and love. However, there are animals that have moved from the streets...
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This year is likely to bring a 0.5% drop in economic performance and 19% inflation
Last year real wages grew by 2.6%, and if this year gross salaries increase by 15% and prices become 19% higher, it will mean that real wages reduce by 3.5%....
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Another seven products of Alföldi Tej received the Excellent Quality Food mark
The number of KMÉ trademarked products of Alföldi Tej Kft. has now increased to ten. Four types of milk, two types of sour cream and a cottage cheese received recognition...
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Pernod Ricard USA buys majority share in Skrewball whisky
Pernod Ricard USA has bought a majority share in peanut butter flavoured American whiskey brand Skrewball. Steven and Brittany Yeng founded Skrewball in 2018, and it was the first peanut...
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Walmart lays off hundreds of workers at five US fulfilment centres
In the USA hundreds of workers at five Walmart fulfilment centres are being asked to find jobs within 90 days at other Walmart locations. The impacted workers would receive their...
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Another help for managing the electronic spraying diary has arrived
Nébih compiled a collection of “frequently asked questions” based on user feedback related to the e-spray log. The thematic summary includes, among other things, question-and-answer pairs related to entry, various...
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Mondelez R&D innovation center opens
Mondelez International, Inc. opened its new global R&D innovation center in Whippany, NJ, on May 1. Mondelez said it invested $50 million in the facility, which includes pilot and scale-up...
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The EP agreed to the maintenance of measures supporting the import of Ukrainian agricultural products into the EU
At the plenary session of the European Parliament in Strasbourg, it agreed to the maintenance of the extraordinary EU measures for the import of agricultural products from Ukraine, the EU...
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SPAR Enters Latin America, Opens First Store In Paraguay
SPAR has announced the opening of its first store in Paraguay, which also marks the entry of the retail group in Latin America. The store opened on 5 May in...
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Poland May Extend Zero VAT On Food Into 2024
Poland may extend zero VAT rate on food staples into 2024 if inflation persists, Prime Minister Mateusz Morawiecki said on Saturday. Poland slashed taxes on a long list of products...
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This year, you do not have to pay an agricultural water service fee for irrigation
Climate extremes, the difficult economic situation caused by the war raging in our neighbor, and the unprecedented rise in energy and input prices pose significant challenges to agriculture. The historic...
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The GVH formulated six proposals in order to reduce the price of durable foods
The Economic Competition Authority (GVH) concluded its accelerated sectoral investigation on the durable food market, and on the basis of this, it formulated six proposals that can contribute to more...
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The latest research results of SPAR have shown that it is worth representing quality
Conscious customers consider it important that the products on the shelves and their packaging, as well as the logistics and food production processes, are transparent, and that their quality is...
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GFM: The online price monitoring system will start on July 1
The online price monitoring system will start on July 1 – the Ministry of Economic Development (GFM) informed MTI on Monday. In its statement, the department said that due to...
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The new Advertising Code is available
The renewed Hungarian Advertising Code, signed by 24 professional organizations, will be effective from June 30, 2023. In addition to the Code, we are also updating our guidelines, which will...
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The Food Bank is organizing a spring food collection campaign for the first time
Due to the increase in the price of food, the Hungarian Foodbank Association is organizing a food collection campaign for the first time in the spring this year. The association...
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Major price drop in the cereal market
Data from the Market Price Information System (PÁIR) of the Research Institute of Agricultural Economics (AKI) reveals: on the last week of March, the price of milling wheat – without...
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The “Protection of the Environment” awards were presented
Companies and individuals with outstanding performance in the field of environmental protection were awarded on Friday at the National Environmental Meeting and Awards Gala organized by the Association of Environmental...
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Imre Csernus: “Life is a gift and it depends on us whether we can use this opportunity”
Psychiatrist Imre Csernus was Szilvia Krizsó’s guest in the latest episode of the Future Talks podcast. This article features parts of the conversation, but you can watch the whole interview...
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13 percent of young people have no income, 11 percent receive more than HUF 400,000
According to the latest data from the K&H youth index survey, the average personal income of 19-29-year-olds increased by HUF 40,000, or by more than 28 percent, to HUF 182,000....
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7-Eleven to build its own e-vehicle charging network
7-Eleven is launching 7-Charge, a new electric vehicle charging network and a related app, at several places in Florida, Texas, Colorado, and California. Customers can charge any electric vehicle brand and model compatible with CHAdeMO...
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Gasoline prices are skyrocketing, yet two-thirds of Hungarians traveled abroad by car this year
The Central Statistical Office 2022 IV. data for the fourth quarter of the year already showed that Hungarians started traveling abroad again: the number of trips beyond our country’s borders...
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New FDA rules would allow salt substitute use for manufacturers
The US Food and Drug Administration (FDA) is proposing new regulation to let manufacturers use salt substitutes in items with standards of identity that include salt. This new rule would...
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Protecting our created world is our common duty
Hungary is committed to the fight against climate change, Minister of Agriculture István Nagy announced at the AIM for Climate conference in Washington on Monday. In his speech, the minister...
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Auchan France Launches New Smart Store At Its Headquarters
Auchan France has announced the launch of an Auchan Go le lab outlet at its headquarters in Villeneuve d’Ascq. After the success of its first contactless store, installed on the EDHEC...
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Retail losses — and apprehensions — soar in 2022
Eighty-one percent of U.S.-based retailers reported that shrink increased in 2022, according to “The 35th Annual Retail Theft Survey,” from loss prevention and inventory shrinkage control consulting firm Jack L....
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Chamber of Agriculture: the risk of infection in orchards has increased
The frost did not affect the apple orchards significantly in recent weeks, rather the threat of infection to the orchards increased due to the rainy weather – read the plant...
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