Market News
British American Tobacco To Launch Synthetic Nicotine Pouches In The US
British American Tobacco (BAT) will launch a version of its Velo nicotine pouches using synthetic nicotine in the United States. Smoking alternatives like vapes from big tobacco companies, including BAT,...
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Maize free from aflatoxin contamination was also grown in the variety experiment network of Nébih
In the corn experiment of the Breed Experiment Station of the Nébih Baranya county, it was possible to prevent aflatoxin contamination with appropriate, well-timed insect control. And at those variety...
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Lidl combines Lidl Plus rewards with in-store bakeries
Lidl leverages its in-store bakeries to drive engagement with the Lidl Plus rewards program. The ‘Bake-Off-Roulette’ has been implemented across several European markets, and the retailer’s vertical integration into bakery...
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Innovative developments in agricultural vocational training
The goal of the smart classroom program launched in the sectoral training centers is to provide a modern, interactive learning environment for students participating in dual education. That is why...
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“Road to economic neutrality” – Eastern or Western opening?
An important element of the government’s economic strategy and communication for almost 15 years is the opening to the east, which has two main goals: to support the expansion of...
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GVH: The application of artificial intelligence can increase the competitiveness of Hungarian enterprises
The rapid spread of artificial intelligence (AI) technologies, or if they do not start using them, can cause a competitive disadvantage for small and medium-sized enterprises – among other things,...
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EXIM has so far disbursed around HUF 1,000 billion in the Gábor Baross loan program
EXIM Hungary has already disbursed 84 percent, HUF 1,011 billion, of the total amount of HUF 1,200 billion of the Baross Gábor Újraiparosítási Hitelprogram to Hungarian businesses, the credit institute...
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Taking facial care to the next level
This article is available for reading in Trade magazin 2024/10 Analysing NIQ data from January to June, Luca Varga – trade marketing manager of L’Oréal Magyarország – points out that...
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Employers’ expectations are optimistic – 45% of companies plan to increase staff in 2025
With the exception of Nógrád County, the number of applications received for job advertisements increased throughout the country in the third quarter of 2024 compared to the same period of...
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Industrial digitization: the revolution is still waiting to happen due to insular operation
While in some parts of the world only robots work in factories and almost three-quarters of global companies report that they have successfully implemented Industry 4.0 projects or are in...
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NGM: increased consumer protection control at online stores and courier companies
The Minister of National Economy called on the consumer protection authority to investigate the information and complaint handling obligations of online stores and courier companies, which will take the necessary...
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Brussels wants to take away area-based agricultural subsidies from farmers
Brussels is planning to take away area-based agricultural subsidies from farmers, Minister of Agriculture István Nagy said on Monday in a video message uploaded to his Facebook page. He stated...
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Four thousand tonnes less waste at SPAR
SPAR Magyarország has generated almost 4,000 tonnes less waste in three years. In 2023 alone the company cut its waste production by 1,600 tonnes, and the introduction of digital solutions...
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Pioneering technology from Debrecen
Sz. Variáns is the first company in Hungary to install a digital machine for the post-printing of paper bags. This article is available for reading in Trade magazin 2024/10 The...
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Britvic invests GBP 25m to upgrade its UK distribution centre
Britvic has invested GBP 25m in the development of its national distribution centre in Leicestershire. The company has spent GBP 5m on the Lutterworth site over the last three years...
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The processing sales price of UHT milk increased the most in September
According to AKI PÁIR data, the national average producer price of raw milk in Hungary was HUF 173.21/kilogram in September 2024. In addition to a 0.1 percentage point improvement in...
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Bird flu also appeared in Bács-Kiskun county, so the epidemic already affects six counties
In the past few days, the disease was identified in two poultry farms in Bács-Kiskun counties, which are epidemiologically independent from each other, in one flock of laying hens and...
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Agricultural relations between Hungary and Laos continue to strengthen
Hungary continues to strengthen its partnership with Laos in the fields of agriculture and education – said Sándor Farkas, Deputy Minister of the Ministry of Agriculture, who received Dr. Linkham...
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Marketplaces generate 69% of European cross-border sales
In the financial year 2023/2024, the whole European online cross-border market achieved sales of 326 billion euros. A large majority, 69 percent, or 225 billion euros came from online marketplaces....
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Lidl triples plant-based range to meet surging demand
Lidl GB is expanding its plant-based offerings, more than tripling its range. The move comes in response to a 12% increase in demand over the past year. The retailer’s new...
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István Nagy urged the protection of farmers in Luxembourg
Agriculture Minister István Nagy urged the protection of farmers and the creation of predictable market conditions on Monday in Luxembourg, prior to the meeting of the agriculture ministers of the...
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Generation Z starts investing and saving already in their teens
Generation Z begins to invest earlier and to a greater extent than any other generation: they start as early as 19 years old and, compared to previous generations, they also...
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A priority goal is the success and support of the domestic wine industry
The Hungarian wine industry is still one of the most important pillars of the domestic agriculture, which the government helps with targeted subsidies to strengthen its competitiveness and international recognition...
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In the euro area, the rate of increase in consumer prices slowed down in September
In September, the annual inflation rate in the euro zone slowed down more than previously estimated, according to the final data of Eurostat, the statistical office of the European Union,...
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Record-high cocoa prices affect this year’s Halloween chocolate production
This Halloween season, both chocolate stocks and prices are affected by record high cocoa prices, especially in the United States. CNN reports that the price of cocoa per ton has...
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A path to the green future of the food industry? He organized a workshop for FOUR government actors
The purpose of the “From Drought to Flood” event organized by NÉGYOSZ was to present and discuss the sustainability challenges of climate change and the food industry. The event was...
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The attention of the European competition law community is focused on Budapest
The Economic Competition Office (GVH) will organize the 50th European Competition Day in Budapest on October 22, as an official program of the Hungarian EU Presidency. At the international conference,...
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In Austria, food inflation slowed down in September
In accordance with the preliminary estimate, the annual growth of consumer prices in Austria fell to 1.8 percent, the lowest since February 2021, in September after the previous month’s 2.3...
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Sobriety speaking
The segment of low-alcohol and no-alcohol (no-low) beverages is still small and limited, but it is growing quite fast. No-low drinks are more and more popular and in Hungary this...
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