Market News

The working group of the Chamber of Agriculture recommends further steps to deal with market disturbances caused by Ukrainian grain

The National Chamber of Agrarian Economy (NAK) welcomes the temporary import ban on grain and oilseeds and other agricultural products originating in or coming from Ukraine. The chamber working group...

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The main driving force behind the sharp increase in food prices in March was the rise in bread prices in the UK

British annual inflation slowed, but remained above ten percent in March. According to the report of the British Statistics Office (ONS) on Wednesday, consumer prices calculated without housing costs were...

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Our country banned the import of 25 agricultural products from Ukraine

In order to protect Hungarian farmers and consumers, the government ordered a temporary ban with effect from Wednesday on the import of the most important cereals from Ukraine, as well...

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A priority goal is to strengthen the food chain

The food industry is a very complex area, but it is only part of the whole, the food chain, the regulation and examination of which can only be understood in...

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Magyar Bankholding: A positive turn in the economy is expected from the second quarter of the year

A positive turn can be expected from the second quarter of 2023: the Hungarian economy may once again be on the path to growth, consumption may gradually improve, and inflation...

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Starting today, you can apply to the Nébih agricultural unmanned aerial vehicle control register

Those interested can apply for registration in the agricultural unmanned aerial vehicle control register from today. Registration in the official register is a prerequisite for agricultural flying with a drone....

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BDO: Will the new warranty and guarantee regulation draft be a joy or a joy for the customer and the companies?

In our opinion, our professional material, which is of great interest, is comprehensive and accessible, although it is economic, but it approaches a topic from two sides, which may be...

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Cambridge University is to switch to plant-based eating

Following a four-week consultation, Cambridge University’s students’ union has voted in favour of starting talks with its catering services, to remove animal products from their offerings in favour of an...

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Hungarian agriculture achieved the 5th highest efficiency improvement in the EU

Despite all the difficulties, since 2010 Hungarian agriculture has shown the fifth largest improvement in efficiency in the European Union – said the State Secretary of the Ministry of Agriculture...

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Channel combustion: Over two-in-five retail leaders say there are too many channels to effectively sell through

 Online shopping has never been more convenient for consumers, who have access to a plethora of channels through which to engage with their favourite brands. However, this same variety is...

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The competition authorities of the region are strengthening their cooperation

The Economic Competition Authority and the nine other competition authorities of the region signed a cooperation agreement in Warsaw in order to strengthen their partnership in the field of competition...

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Hövej lace and Pozsonyi crescent became Hungarikum

Pursuant to the decision of the Hungarikum Committee, Hövej lace and Pozsonyi crescent have been added to the Collection of Hungarikums – the Minister of Agriculture announced at his press...

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Research: White-collar workers most often quit because of their bosses

A general bad relationship with the manager, a lack of recognition and too much stress lead to resignation in most cases among people doing intellectual work, according to the latest...

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„Silence is Golden”: Leffe embraces the silent power of friendship in major new campaign

Belgian beer brand Leffe has today (14 April) launched a new pan-European brand platform to encourage the public to ‘Bring More to the Table’ and create deeper connections. Developed in...

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New Billa Corso Opens At Vienna Airport

REWE Group has announced the opening of a new Billa Corso outlet at terminal 3 in the Vienna International Airport in Schwechat, Austria. The new opening is the sixth Billa...

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The 12-month internship program of the European Food Safety Authority (EFSA) has opened

EFSA welcomes applications from young professionals with different scientific and professional backgrounds (scientist, IT, communication and legal, etc.) until May 15, who are open to try themselves in a challenging,...

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Asda celebrates Ramadan with 150 new ranges

Asda is celebrating its biggest Ramadan yet, with 150 new product lines launched across all categories as the month approaches. The supermarket chain said it is “making it easier for...

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The consumption of German beers in the European Union has decreased

The consumption of German beers has decreased in the European Union and Germany in the last ten years, and there was an increase only outside the European Union, according to...

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All Ukrainian grain shipments arriving in Hungary are checked

All grain shipments coming from Ukraine to Hungary by road and rail are checked and only transit traffic vehicles are allowed to pass through the country, said the state secretary...

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They liquidated a network of vegetable companies that also operated an invoice factory

Almost two billion forints worth of VAT has not been paid by the criminal organization involved in the fruit and vegetable trade, which was recently liquidated by the National Tax...

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During the price raid, it was revealed that the stores were playing tricks with the price-stopping products

Government spokeswoman Alexandra Szentkirályi previously announced that price raids would be launched in stores where the price hiked products could not be found on the shelves. The most recent Government...

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Brutal increase in the price of bread expected due to the Ukrainian grain ban?

The decision of the Ministry of Agriculture on Saturday, which prohibits the import of Ukrainian grain to Hungary, may have a significant impact on Hungarian agriculture in the long term....

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Polycrisis in the fruit-vegetable sector – participants were looking for solutions at the 2023 Fruit Logistica

In February 2023 the 30th Fruit Logistica fruit and vegetable trade fair was organised in Berlin. 2,610 exhibitors from 92 countries showcased their products and services to 63,470 visitors in...

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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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