Market News
Slowing inflation, but still expensive food in Slovakia
In Slovakia, inflation moderated to 2.6 percent by September, but food prices remained high, and the population had to face significant expenses when buying food. According to the data of...
Read more
Nébih: labeling problems were found with energy drinks
Energy drinks were examined by the National Food Chain Safety Office (Nébih), no safety problems arose, in one case a food quality defect was found, and in 28 products there...
Read more
There is huge interest in renewing the food industry
Tenders for the complex development of food industry plants were closed with overwhelming interest. More than 708 billion forints worth of requests were received for the call announced by the...
Read more
Pepco also joins Better Cotton
Pepco has taken another step towards sustainability by joining the Better Cotton initiative in 2022. This article is available for reading in Trade magazin 2024/10 This global programme seeks to...
Read more
Nébih: mustard powder was recalled by Culinaris Wholesale Kft.
The Green Cuisine mustard powder is contaminated with peanuts, so the distributor Culinaris Wholesale Kft. is recalling the product, the National Food Chain Safety Office (Nébih) told MTI on Thursday....
Read more
Hy-Vee protects the environment with new projects
Hy-Ve has completed the first phase of its solar project in Chariton, Iowa: the Hy-Vee Chariton Solar Field is the first step in a partnership between the retailer and Alliant...
Read more
Meal boxes earn Crisp first profit
Online supermarket Crisp has been profitable in the Netherlands since June, thanks to cost-cutting measures and its successful meal boxes. Next year, the company hopes to also become profitable in...
Read more
Co-op fights £40m shoplifting losses with AI-powered security
Co-op is now using artificial intelligence to detect offenders carrying concealed weapons or stolen goods after it revealed leakage costs from theft and fraud rose by 19% to £39.5m in...
Read more
Nestle unveils new global cuisine brands
Nestle SA has launched two new global cuisine brands: Mings and Tapatío. Mings was created by celebrity chef Ming Tsai to bring several decades of culinary experience and fusion of...
Read more
In 2023, spring frosts caused the most damage
Thanks to the adequate amount of precipitation and the high average temperature, the weather in 2023 was generally favorable for agricultural producers, so there were fewer damage incidents not only...
Read more
KPMG CEO Outlook 2024: the secret of success lies in creating general crisis resistance
72 percent of CEOs of large global companies continue to trust economic growth, although the proportion of optimists has steadily decreased in the 10-year history of the survey, from a...
Read more
Boost from the box: Szupermenta tested energy drinks
Energy drinks were also broken down into their components by the Szupermenta program. During the product test, in the laboratories of the National Food Chain Safety Office (Nébih), the caffeine,...
Read more
ESG is still a source of confusion
According to EY’s latest international research – conducted in 53 countries, including Hungary – 51% of Hungarian respondents aren’t familiar with ESG legislation, which is a worse result than the...
Read more
Stormy times, golden harvests
This article is available for reading in Trade magazin 2024/10 Bojana Nenadovic, marketing director of Coca-Cola HBC Magyarország says that in 2023 the total fruit juice market showed a downward...
Read more
Waitrose launches private label free-range creams
Waitrose & Partners has introduced new free-range cream products to its private label range, further demonstrating its commitment to higher animal welfare standards. The new cream selection will appear under...
Read more
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...
Read more
The harvest is coming to an end in Békés County
The farmers of Békés county will soon finish their harvesting and sowing work. According to the summary sent to MTI by the Békés County Harvest Coordination Committee, the 84,466 hectares...
Read more
Family farmers must be strengthened
Family farms play a key role in strengthening global food security and promoting sustainable agriculture, Minister of Agriculture István Nagy stated on Tuesday at the Global Forum of Family Farms...
Read more
KITE: despite the bad harvest, there is no need to expect an increase in the price of corn
Despite the poor domestic harvest, István Kovács, KITE’s crop trade business director, does not expect the price of corn to rise in the near future, after the harvest in Europe...
Read more
Agrometeorology: you can make good progress with autumn work
In recent days, with the exception of the northeastern landscapes, the near-surface layer of the soil has dried up a lot, so it is possible to make good progress with...
Read more
Crai Introduces New Business Model Focusing On Proximity, Sustainability
Italian grocery retail group Crai has implemented a new business model that emphasises proximity, local sourcing, and social responsibility while prioritising sustainability and community engagement. Speaking on the occasion of...
Read more
Mahou San Miguel plans to double sales in continental Europe
Through the investment, spanning from 2023 to 2027, the company is aiming to double its sales volume in the region. Spanish company Mahou San Miguel is looking to expand its...
Read more
Supermarket plastic ban proposed for fresh produce
Anti-waste charity Wrap has called for a government ban on plastic packaging for 21 fresh produce items in UK supermarkets. The proposal, aimed at transforming shopping habits by 2030, targets...
Read more
The producer price of fodder corn increased by nearly 40 percent
In Hungary, according to AKI PÁIR data, edible wheat was traded at an average producer price of HUF 78.4 thousand per ton without VAT and transport costs in the first...
Read more
UHT and fresh milk price competition: how have milk market trends changed?
Recent years have brought significant changes to the Hungarian milk market, where the price difference between fresh and UHT milk has grown to an extent never seen before. The introduction...
Read more
The gluten-free breads and pastries of the year were awarded
The Association of Hungarian Farmers’ Unions and Farmers’ Cooperatives, the National Chamber of Agriculture (NAK), the Hungarian Celiac Association and AMUREX GM Hungária Kft. organized the gluten-free bread and pastry...
Read more
World Food Day offers an opportunity to rethink our everyday choices
Food is the most basic human need right after air and water. The right to food is also recognized by the Universal Declaration of Human Rights, as access to varied,...
Read more
The second-hand market in Hungary is expanding dynamically: the iPhone and Apple Watch are the best sellers
The market for second-hand devices grew by 12% globally, but there are outstanding results in Hungary as well: an online marketplace doubled its turnover compared to last year, indicating the...
Read more
VOSZ’s position on the new work fitness test rules: employer obligations and opportunities
The Health Section of the National Association of Entrepreneurs and Employers (VOSZ) has issued information on the new rules for work fitness tests that came into effect on September 1,...
Read more
The success of Hungarian e-retailers despite the pressure of the international giants: the outstanding actors of the domestic online market were awarded
The Hungarian e-commerce market faces many challenges, as international giants such as Temu and Allegro conquer customers with their extremely favorable prices and intensive advertising campaigns. Despite this, there are...
Read more
