Market News
According to the expert, the situation of road freight carriers worsened in the first quarter
There was a turnaround in road transport in the first quarter of this year due to the decrease in consumption and investments after last year’s favorable year, said the president...
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Information for dairy cattle, beef and sheep farmers
The database supporting the identification of animals on the electronic interface available for submitting the unified application has been updated, which helps the submission of animal-based support applications with better...
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Waitrose becomes first UK supermarket to offer refillable olive oil
Waitrose has become the first UK supermarket to sell a refill pouch for olive oil. The upmarket retailer will stock Citizens of Soil’s 500ml single estate extra virgin olive oil across...
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This year, the National Chamber of Agrárgazdasági Kamara is offering a membership fee discount of around HUF two billion
On June 1, 2023, the membership fee determination period at the National Chamber of Agrarian Economy (NAK) began. Pursuant to the decision of the national assembly of delegates of the...
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Pringles Invests €100m In New Carton Potato Chip Packaging
Kellogg-owned Pringles has invested €100 million in the development of new fully recyclable packaging for its popular potato chips. The fully-recyclable paper tube was designed in the company’s Mechelen R&D...
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Spanish strawberry growers slam campaign for German supermarket boycott
Spanish strawberry growers on Wednesday criticised a German consumer campaign calling for supermarkets to boycott berries grown near Spain’s Donana wetland, which is under threat from climate change and illegal...
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Hungary joins the European campaign to stop African swine fever (#StopASF)
The European Food Safety Authority (EFSA) is also supporting the fight against African swine fever (ASP) with a European-level campaign in 2023. Now in its fourth year, the #StopASF (#StopAfricanSwineFever...
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Most student workers work in logistics and trade
According to the Prohuman Diákmunka school association, the average hourly wages of student workers are between HUF 1,700 and HUF 2,000 this year, but in priority areas, you can earn...
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In the event of a disaster, vending machines offering free food and drinks have been installed in Japan
In the event of an earthquake or typhoon, vending machines offering free food have been put into operation in preparation for natural disasters in Ako, one of Japan’s coastal cities...
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Taxes on extra profits will remain, and the population can also pay taxes on savings
There was a flurry of government decrees last night. The government is not abolishing the extra profit taxes introduced in the summer of 2022, but only halving the tax obligations...
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Márton Nagy: the mandatory promotion and price reduction of food has started
From June 1, the mandatory sales in commercial stores began to reduce the increased food prices due to the war and sanctions. This is another government measure to protect Hungarian...
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GKI: A korábbi laza költségvetések árát fizetjük meg most
Government spending in recent years was initially aimed at mitigating the harmful economic effects of the COVID-19 epidemic, and then the stated goal became the forced acceleration of growth. If...
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From today, the SPAR group awaits its customers with more than 700 discount offers, and the price of 300 products is frozen within the framework of the SPAR ÁRSTOP Extra Promotion
A government decree obliges food retail stores with a sales revenue exceeding one billion forints in 2021 to introduce a weekly discount of 10% in twenty product groups between June...
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BMI: Moderate expansion in May
The seasonally adjusted May value of the Purchasing Manager Index (BMI): 57.1. Compared to the previous May values, this year’s value is higher than the long-term average for this month...
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We are one big step closer to the circular economy
As of July 1, the environmental protection product fee and extended producer responsibility system will be transformed in such a way that polluters will pay more for the removal, treatment,...
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Nébih: the manufacturer Sondey has recalled corn thalers
Due to the presence of unauthorized pesticide residues (chlorpyrifos), the manufacturer Good Food Products has recalled the 105 gram Sondey Corn Flakes amaranth and the 105 gram Sondey Corn Flakes...
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K&H: Family companies are on a moderate growth path
More than half of family companies are experiencing the current economic situation more severely than the coronavirus epidemic. The mood is even more gloomy in the entire large corporate sector,...
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From now on, applications can also be submitted for shortbread made with butter
The range of baked goods eligible for the KMÉ trademark has been expanded, and from now on, applications can also be submitted for shortbread made with butter. Producers of sweet...
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Lurpak faces shopper backlash after shrinking block of butter
Arla Foods butter brand, Lurpak is facing negative customer reactions as it has shrunk the size of a block of butter by 20%. The Danish brand has cut its 250g...
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AM: Hungarian-French relations must be further strengthened
Hungary is committed to strengthening Hungarian-French agricultural professional, political and commercial relations, according to a statement issued by the Ministry of Agriculture (AM) on Thursday, István Nagy, who received Claire...
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Online sales forecast for Germany tempered
Inflation and subdued consumer confidence are expected to dampen online spending in Germany, according to the latest announcement by Handelsverband Deutschland (HDE). In its HDE Online Monitor 2023, the retail...
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Penny Italia Acquires 16 Stores, Grows Presence In Rome
Penny Italia has concluded the acquisition of 16 stores from Gruppo Faranda (Tuodì and Fresco Market banners) and a Gruppo Pam franchise. Of this total, 13 outlets are located in...
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Retail is booming like never before on social media
A forecast by Deloitte predicts that the number of people who shop on social media platforms will grow to 5 billion in 2023. Influencers don’t just inspire the members of...
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GVH organized a workshop on managing food inflation
The competition authorities of the European Union discussed the management of food inflation in an online workshop organized by the Economic Competition Authority (GVH) on Wednesday, the agency informed MTI....
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Adult training gives companies a competitive advantage
Continuous technological development and the changing economic environment place increased demands on both employees and companies. Companies can gain a competitive advantage if they realize that it is worth investing...
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For three-quarters of Hungarian customers, fast delivery is extremely important when ordering online
Almost 40 percent of online purchases in Hungary fail because the customer cannot find a fast enough delivery option among the delivery options of the given webshop. This is revealed...
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The EU approved the use of the new e-signature platform, the system that ensures the digital management of public administrative matters
Hungary will also be provided with fully digital EU administrative administration, electronic identification and digital signature thanks to the Evrotrust eID unified identification system, which has already passed the evaluation...
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Industrial producer prices have risen, and export prices have already fallen
In April 2023, industrial producer prices rose by an average of 15.9 percent compared to a year earlier. Domestic sales prices increased by 41.9 percent, export sales by 3.3 percent,...
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The Ministry of Agriculture supports new investments worth more than HUF 171 billion
Thanks to the 80% national additional funding, the government has supported agricultural and food industry investments worth HUF 1,300 billion from 2021, in addition to this, another 400 projects will...
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Inflation in Germany also slowed down in May
In May, inflation continued to decelerate in Germany, according to data from the Federal Statistical Office (Destatis) on Wednesday. Based on the agency’s preliminary calculations, consumer prices increased by 6.1...
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