Market News
Another EU beverage producer has resumed exports to Russia
The Absolut Company has resumed exporting its vodka to Russia after a year-long absence from the country as a sign of protest against Moscow’s aggression. Absolut’s decision, made to protect...
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EU Commissioner: the EU is on track to become climate neutral by 2050
The European Union’s climate protection package, known as Fit for 55, which requires a reduction of EU emissions by at least 55 percent, contributes to the implementation of the EU’s...
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The Czech Republic does not plan to ban the import of Ukrainian grain
For now, the Czech Republic does not plan to ban the import of Ukrainian grain and other Ukrainian agricultural products, Czech Minister of Agriculture Zdenek Nekula announced on Monday in...
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They are looking for energy-saving heating solutions
30% of Hungarians lower the temperature in their houses, and 11% even turn off the heating due to energy prices – it was revealed from the representative research of Resideo....
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Amazon closes eight Go stores to cut costs
Amazon will close eight of its Go stores in the USA, as it continues to leave physical retail to cut costs. They will shut two Go Stores in New York...
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KSH: the growth rate of agricultural purchase prices slowed to 27 percent by February
In February, agricultural purchase prices were 27.0 percent higher than a year earlier, the rate of price increase was 4.6 percentage points slower than in January and slowed down by...
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Lufthansa to sell rest of LSG Group to private equity firm Aurelius
Deutsche Lufthansa said that it would sell the remaining part of airline caterer LSG Group to private equity firm Aurelius, three years after it first put the business up for...
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Cadbury, Birds Eye and Walkers: the best food brands in the United Kingdom
According to a new research, Cadbury, Birds Eye and Walkers are the top food brands in the United Kingdom. In YouGov’s 2023 FMCG ranking, the “Food” category saw Cadbury taking...
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BDO: Two sides of the coin, economic factors, about the draft of the European Union that tightens the obligations of manufacturers, – warranty and service, or life beyond the slowing down of the society in Fogagásto
What does it mean for consumer society and for the corporate sector that the European Union plans to tighten further in order to make the operation of several manufacturing segments...
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Spain’s Leading Food Retailer To Cut Prices Of 500 Basic Products
Spain’s leading supermarket chain, Mercadona, will lower the prices of at least 500 basic food products amid a cost of living crisis that had prompted the government to seek concessions...
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Bel Partners With Climax Foods On Plant-Based Cheese Development
French cheese maker Bel Group has announced a partnership with biotech start-up Climax Foods Inc. to develop plant-based cheese for its Laughing Cow, Kiri, Boursin, Babybel and Nurishh brands. It...
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Slovakia temporarily stops imports of Ukrainian grain
Slovakia will temporarily stop the import of grain and some other products from Ukraine, the press department of the Slovak government office told the Bratislava office of MTI on Monday....
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In the past two years, the price of most basic food items has at least doubled in Hungary
The inflation rate in Hungary remained higher than expected in March, according to data from the Central Statistical Office (KSH). Despite the decline in the prices of some basic foods,...
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Minister of Justice Judit Varga and Balázs Csaba Rigó, president of the GVH, discussed coordinated measures against inflation
The Ministry of Justice will also join the working group coordinating the implementation of the online price monitoring database – this was agreed upon by Minister Judit Varga and Balázs...
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Magyar Bankholding: Several foods became cheaper compared to February
In March, there were several product categories whose prices fell compared to the previous month, including dairy products and butter, which became cheaper by 3-3.7 percent, analysts of MKB Bank...
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A big change is happening in e-commerce
The introduction of time window delivery is an important advancement in the field of e-commerce, as it allows customers to plan delivery more flexibly and predictably. Time-slot delivery can reduce...
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These issues are investigated by the consumer protection authority in the shops
In order to enforce price control regulations, the government’s consumer protection authority has been very active this year, inspecting stores nearly 2,400 times and imposing fines of several hundred million...
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Kollégramm helps you understand your workmates!
The Hungarian-owned Lounge Group is conducting a comprehensive survey to evaluate job satisfaction and the overall work environment in Hungary. The survey aims to explore employee motivation, responsibility, adherence to...
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National Attitude Formation Conference + “5 countries 1 river” – environmental education without borders
The event covers the fields of greenwashing, sustainability and education and environmental education. The Association of Environmental Service Providers and Manufacturers – in connection with the Sustainability Theme Week –...
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Vegetables for breakfast too! – Spring breakfast tips from the European Fresh Team
We often hear that breakfast is the most important meal, as it starts the day and affects our performance and our well-being throughout the day. In the spring, we can...
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Happy baby, relaxed mom
In 2022 diaper value sales grew, while volume sales stayed put – reported NielsenIQ. Izabella Kowalska, Essity Hungary Kft.’s category manager: “Our products produced moderate growth, because of the difficult...
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Orbán Viktor: “Although there have been price reductions in stores, it has only happened for a few products”
Prime Minister Viktor Orbán spoke on the morning program of Kossuth Radio, saying that it is not yet time to lift the price freeze. “What has happened so far is...
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The price of food and non-alcoholic beverages rose at a slightly decreasing rate in Spain
The slowdown in consumer price increases is primarily attributable to the base effect, energy prices fell in March this year, compared to the sharp rise seen in March of the...
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Instead of keto, vegan is now America’s favourite diet
A new study claims that for the first time in five years, plant-based diet is now more popular than keto in the USA. Keto – a diet low in carbohydrates...
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Hungary bans the import of agricultural products from Ukraine
The government is committed to representing the interests of the Hungarian farming community, which is why, in the absence of meaningful EU measures, it will temporarily ban the importation of...
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GFM: the sums on the SZÉP card can be used in full until May 31
In order to support the tourism and catering sector and preserve the significant number of jobs they maintain, the government previously decided that the amounts credited on the SZÉP card...
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Tesco sells laundry detergent pods in recyclable cardboard packaging
Tesco is replacing its plastic laundry pod tubs with recyclable cardboard packs in an effort to cut down on plastic waste. The FSC certified box has more than 90% recycled...
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Albert Heijn won’t fly in fruit and vegetables anymore
In line with its pledge made last year, Albert Heijn won’t fly in fresh fruit and vegetables from June 2023 – these will only be transported by sea containers or...
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The Ministry of Agriculture supports organic farming
The Ministry of Agriculture treats the preservation of biological diversity and, in this connection, the support of organic farming as a matter of utmost importance. Our future depends on whether...
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SPAR: nearly 60 tonnes less plastic film used per year
SPAR will save minimum 59 tonnes of plastic film every year, by covering some of the goods they deliver to stores with multiuse roll tarp. At the end of December...
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