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Market News

The Dutch onion market is booming
Date: 2022-09-14 09:55:34

In addition to high sales prices, there is a strong demand for high-quality onions. According to Rinus Wisse, an expert from Wiscomex, the current selling prices of between 0.34 and...

AKI: Hungarian farmers increased their machinery purchases by 80 percent
Date: 2022-09-14 09:20:18

Individual farms and social enterprises bought HUF 165.5 billion worth of new agricultural machines and tools in the first half of this year, which was 80 percent more than a...

Jobtain: This is worth knowing about the foreign workforce working for us
Date: 2022-09-14 09:06:41

The labor shortage in our country is breaking records compared to the last five years. According to KSH data, 2022. II. a total of 98,648 vacancies were available in the...

SPAR Austria To Combat Food Waste With Digitalisation
Date: 2022-09-14 08:38:17

Retailer SPAR Austria is aiming to minimise food waste in its stores through new methods, including increased digitalisation of the group’s inventory. In cooperation with the company’s IT unit, Microsoft, and...

Premier Foods to buy The Spice Tailor for GBP 43.8m
Date: 2022-09-14 08:36:50

Premier Foods is acquiring South East Asian meal kits brand The Spice Tailor for GBP 43.8m. In the 2022-2023 financial year the acquisition is expected to generate a revenue of...

The European apple crop may be weaker than expected
Date: 2022-09-14 08:23:45

WAPA (World Apple and Pear Association) has reduced its forecast for the European apple harvest by 90 thousand tons – the FruitVeb Hungarian Vegetable and Fruit Association and Product Council...

Tesco rolls out first dairy-free milk drink range under its Wicked Kitchen label
Date: 2022-09-14 07:35:37

Tesco’s plant-based label Wicked Kitchen has rolled out its very first dairy-free milk drink. There are four variants available: oat, coconut, soy and almond. Products in the dairy-free range contain...

A significant crop loss is expected in sweet corn due to the severe drought
Date: 2022-09-14 07:28:26

The sector is in trouble: in addition to the extraordinary economic situation caused by world political and economic events, and the explosive increase in costs, this year nature is spectacularly...

GKI: this is how overheads increased, and this is how it will affect the budget
Date: 2022-09-14 00:10:47

The consumer price index in August 2022 was 15.6% compared to August 2021, while the harmonized price index was 18.6%. Of this, 1 percentage point is explained by fuel purchases...

How one Silicon Valley startup is using computer vision to make shopping frictionless
Date: 2022-09-13 12:41:04

Silicon Valley startup AiFi (pronounced like “wi-fi”) is the driving force behind no fewer than 86 “computer-vision powered” autonomous stores in North America, Asia, Europe, and the Middle East. AiFi...

It is not enough that bread has become more expensive by 70 percent, it can be even more expensive
Date: 2022-09-13 11:46:12

Escaping overhead is also a serious problem for Hungarian bakery businesses – Pénzcentrum points out in a recent article. And although the Hungarian Bakers’ Association does not yet have specific...

India restricts its rice exports, which could cause a humanitarian disaster
Date: 2022-09-13 11:37:35

India is also limiting its rice exports, after both exports and domestic prices increased due to the rise in world market prices in the recent period. India, the world’s second...

The impact of covid on consumer habits continues to this day
Date: 2022-09-13 11:29:28

The spread of the COVID-19 pandemic has affected consumer behavior in an unprecedented way. The purpose of the research presented by Portfolio was to assess the impact of the lockdown...

Road carrier costs increased by 22-23 percent in the first half of the year
Date: 2022-09-13 10:54:41

In the first half of 2022, the Road Transport Price Index (KFX), which shows the costs of Hungarian road carriers, shows an increase of around 22-23 percent compared to the...

POP trade day
Date: 2022-09-13 10:37:29

On 23 June a small but enthusiastic group of POPAI members visited the Artmacth POS factory in Timisoara. Everything at the same place Ágnes Péczely-Tóth, head of sales and marketing...

Japan’s Wholesale Inflation Hits 9% As Price Rises Broaden
Date: 2022-09-13 10:36:34

Japan’s wholesale prices rose 9.0% in August from the previous year, matching the annual pace of growth in July, signalling that persistently high raw material costs continued to squeeze corporate...

Employing people with disabilities is a help for many companies
Date: 2022-09-13 10:33:04

Four out of ten Hungarian companies have employees with disabilities, and the majority of employers reported positive experiences with joint work. In the vast majority of cases, the integration of...

The arable area increased by 32 thousand hectares compared to last year
Date: 2022-09-13 09:34:42

The size of the agricultural area is 5 million 81 thousand hectares, almost 55 percent of the country’s area, the arable area increased by 32 thousand hectares in one year,...

BDO: Foreign VAT can only be reclaimed by the end of the month
Date: 2022-09-13 09:19:35

In Hungary, September 30, 2022 is the deadline by which the VAT paid abroad in 2021 can be reclaimed – Dr. Brigitta Mucsi-Szabó and István Rácz, the tax managers of...

Hungary’s first gold-crowned confectioner
Date: 2022-09-13 09:04:52

The memorial exhibition organized in honor of Henrik Spelter, who was born 140 years ago, can be viewed at the Hungarian Trade and Catering Industry Museum until November 20. What...

Aldi to recruit an official beer taster in the United Kingdom
Date: 2022-09-13 08:29:30

Aldi says its future beer taster should have a passion for beer and “pints of enthusiasm”, as they would have to review the full product range, which debuts on 15...

The fruit and vegetable producer organizations have only two days left to make an important decision
Date: 2022-09-13 08:27:07

Fruit and vegetable producer organizations or their associations, whose approved operational program extends beyond December 31, 2022, must submit an application by September 15, 2022 regarding the form in which...

The development potential is there in the soybean sector
Date: 2022-09-13 07:54:49

The Hungarian Soybean and Protein Plant Association takes the lion’s share in the transfer of knowledge related to soybean cultivation, one of the important locations of which is the roadshow...

Alcampo buys 235 DIA stores
Date: 2022-09-13 07:31:20

Auchan’s Spanish subsidiary Alcampo has agreed to buy 35 supermarkets and a warehouse from DIA Group. The acquisition will increase Alcampo’s existing network by more than 180,000m² of sales area....

It’s worth adapting the operations of companies to sustainability expectations
Date: 2022-09-12 18:29:14

In the short term, it entails costs, but it’s worth it to adapt the companies’ operations to sustainability expectations – Opten told MTI on Monday. The survey data show that...

Pet food manufacturer Fressnapf is establishing a new service center in Budapest
Date: 2022-09-12 17:38:46

The German Fressnapf, Europe’s largest manufacturer of pet food and equipment, will establish its service center employing 150 workers in Budapest – announced Levente Magyar, the parliamentary state secretary of...

EU Spirits Exports Increase By 24% In 2021
Date: 2022-09-12 16:17:41

EU spirits exports increased by 24% in 2021 compared with the preceding year to reach a value of €8.41 billion, according to spiritsEUROPE, which represents producers of alcoholic spirits at the...

The Nutri-Score story continues
Date: 2022-09-12 10:48:02

As there is no professional forum for large-scale harmonisation in the field of front-of-pack (FOP) labelling of food products in Hungary, let’s summarise what happened in the past and what...

Portugal’s Continente adds new insect-based products
Date: 2022-09-12 10:26:49

The latest additions to Continente’s Portugal Bugs range are dehydrated and seasoned crickets. Shoppers can choose from crickets with sea salt, along with thyme and pepper, and tomato and oregano...

Morrisons is the first to sell carbon neutral eggs
Date: 2022-09-12 10:23:49

Morrisons has become the first supermarket to launch private label, carbon neutral eggs. Morrisons “planet-friendly eggs” come from the retail chain’s giant farms, where hens are fed a soya-free diet...

Oldal

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The Dutch onion market is booming Date: 2022-09-14 09:55:34

AKI: Hungarian farmers increased their machinery purchases by 80 percent Date: 2022-09-14 09:20:18

Jobtain: This is worth knowing about the foreign workforce working for us Date: 2022-09-14 09:06:41

SPAR Austria To Combat Food Waste With Digitalisation Date: 2022-09-14 08:38:17

Premier Foods to buy The Spice Tailor for GBP 43.8m Date: 2022-09-14 08:36:50

The European apple crop may be weaker than expected Date: 2022-09-14 08:23:45

Tesco rolls out first dairy-free milk drink range under its Wicked Kitchen label Date: 2022-09-14 07:35:37

A significant crop loss is expected in sweet corn due to the severe drought Date: 2022-09-14 07:28:26

GKI: this is how overheads increased, and this is how it will affect the budget Date: 2022-09-14 00:10:47

How one Silicon Valley startup is using computer vision to make shopping frictionless Date: 2022-09-13 12:41:04

It is not enough that bread has become more expensive by 70 percent, it can be even more expensive Date: 2022-09-13 11:46:12

India restricts its rice exports, which could cause a humanitarian disaster Date: 2022-09-13 11:37:35

The impact of covid on consumer habits continues to this day Date: 2022-09-13 11:29:28

Road carrier costs increased by 22-23 percent in the first half of the year Date: 2022-09-13 10:54:41

POP trade day Date: 2022-09-13 10:37:29

Japan’s Wholesale Inflation Hits 9% As Price Rises Broaden Date: 2022-09-13 10:36:34

Employing people with disabilities is a help for many companies Date: 2022-09-13 10:33:04

The arable area increased by 32 thousand hectares compared to last year Date: 2022-09-13 09:34:42

BDO: Foreign VAT can only be reclaimed by the end of the month Date: 2022-09-13 09:19:35

Hungary’s first gold-crowned confectioner Date: 2022-09-13 09:04:52

Aldi to recruit an official beer taster in the United Kingdom Date: 2022-09-13 08:29:30

The fruit and vegetable producer organizations have only two days left to make an important decision Date: 2022-09-13 08:27:07

The development potential is there in the soybean sector Date: 2022-09-13 07:54:49

Alcampo buys 235 DIA stores Date: 2022-09-13 07:31:20

It’s worth adapting the operations of companies to sustainability expectations Date: 2022-09-12 18:29:14

Pet food manufacturer Fressnapf is establishing a new service center in Budapest Date: 2022-09-12 17:38:46

EU Spirits Exports Increase By 24% In 2021 Date: 2022-09-12 16:17:41

The Nutri-Score story continues Date: 2022-09-12 10:48:02

Portugal’s Continente adds new insect-based products Date: 2022-09-12 10:26:49

Morrisons is the first to sell carbon neutral eggs Date: 2022-09-12 10:23:49