Market News
Pernod Ricard to enhance its presence in US and Mexico
Pernod Ricard raised its profile in the US and Mexico with two big investment moves that will amplify its presence in the west. The moves reportedly included the French drinks...
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Colruyt launches ‘welfare chickens’ in new supply chain
Colruyt is joining forces with 17 Belgian breeders by launching an exclusive collaborative chain for meat chickens. The chickens are to become genuine “welfare chickens”. Colruyt is entering into a...
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The beekeepers in Tiszántúl produced half as much honey because of the drought
Due to the summer drought, beekeepers were able to produce half of the usual amount of honey, mainly east of the Danube, the founding president of the Békés County Beekeepers’...
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Small agricultural enterprises can once again apply for support
The applications are expected from November 17 until the end of the month – announced the Minister of Agriculture at his Monday press conference in Budapest. István Nagy announced that...
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World Earth Day – How to get your child to collect aluminum selectively?
Recycling aluminum cans is just one small, but very important step towards environmental awareness and saving resources. If we act wisely as parents, it will become completely natural for the...
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This is the first retail chain to accept cryptocurrency payments
In a move that brings the future of payment processes to their everyday transactions, LuLu Hypermarkets across Bahrain have become the first retail outlet in the Kingdom to accept cryptocurrency...
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Cell-based cocoa to save the chocolate industry?
Finnish food industry giant Fazer has begun researching cell-based chocolate, in order to be able to cultivate confectionery ingredients without the need for traditional farming inputs in the future. Cellular...
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Szijjártó: the government is launching a factory rescue program
The government is launching a factory rescue program, within the framework of which, in the first round, a total of HUF 150 billion in support will be provided for investments...
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PTE and Danubiana Kft. start developing grape-based gin products
Danubiana Kft., which is based in Bonyhád and deals with wine production and export, is starting to develop new gin products made from grapes without loss of aroma, together with...
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Rented IT speeds up the reaction time of companies
The crisis directed companies’ attention to rented IT services (SaaS) again. The IT resources and tools used in this way can not only be scaled immediately and flexibly to current...
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Auchan Retail Portugal Rolls Out New Customer Loyalty Programme
Auchan Retail Portugal has rolled out Clube Auchan, a new loyalty programme designed to strengthen the relationship between the brand and its customers, the retailer said. According to the group,...
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Savencia grows further vegan in Germany
With our innovation HOPE, we offer incredibly delicious plant-based food for sale,” Maren Huth, Marketing Director at Savencia emphasizes. “That’s because 88 percent of users consume regular cheese, too.” “HOPE”...
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Szijjártó: self-sufficiency in the food industry requires continuous capacity-building investments
Self-sufficiency in the food industry requires continuous capacity expansions, and this is also important because as many investments as possible must be made in order for Hungary to be a...
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In the market, a real relationship develops between trader and buyer
It is important that by purchasing domestic products, we help preserve domestic jobs, self-sufficiency and overcome economic difficulties as soon as possible – declared Márton Nobilis, the Secretary of State...
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HelloFresh Launches Operations In Ireland
Meal-kit firm HelloFresh has launched in Ireland, the 18th country in which it has commenced operations. The group said that the launch marks an ‘important milestone’ in its global growth...
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AM: in the market, a real relationship develops between trader and customer
It is important to help preserve domestic jobs, self-sufficiency and overcome economic difficulties as soon as possible by purchasing domestic products – stated Márton Nobilis, the Secretary of State responsible...
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State Secretary TIM: engineers have a special role in the implementation of sustainable economic development
In achieving sustainable economic development and ensuring a healthy, livable environment, current and future engineers have a special role, and the government sees them as partners – stated the state...
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According to the KPMG 2022 CEO Outlook research, leaders of large global companies stick to long-term goals
According to the KPMG 2022 CEO Outlook, eight out of ten CEOs of the world’s largest companies expect an economic downturn in the next 12 months. However, half of the...
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K&H: Domestic family-owned companies face challenges
After successfully overcoming the uncertainties caused by the coronavirus and the Russian-Ukrainian conflict, the continuous rise in prices may now bring a change of attitude to domestic family-owned companies. Inflation...
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HUF 1.4 billion will be spent on the sustainable water management of the Szent László stream
After the completion of the project called the rehabilitation of the Szent László stream, the arrangement of the water flow under the title of sustainable water management of the Szent...
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The data reconciliation related to the 2022 uniform applications begins
On October 20, 2022, the sending of data reconciliation orders containing certain errors concerning area-based unified applications to customers or their representatives will begin. As in the previous year, in...
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Calls for tenders for irrigation development have been extended
The Ministry of Agriculture continues to treat irrigation development and the development of the water management sector as a priority area. Applications can be submitted until the extended deadline, June...
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NAV: a criminal gang cheated with price-capped food
The network of companies that caused billions in damage with price-capped food was liquidated in an international operation, the National Tax and Customs Administration (NAV) announced on its Facebook page...
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Coface: what to expect on the Hungarian fuel market?
European countries have already faced rising inflation, but prices may get another boost – according to the analysis of the credit insurance company Coface, in which the development of raw...
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Traffic light eco-ratings on menus prompt vegetarian choices
A traffic light system rating the eco-friendliness of food on delivery app menus influences vegetarian choices, according to a new study. Conducted by the University of Bristol, of 1,399 adults...
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Danish Retailer MENY Enters Wine E-Commerce Market
Danish retailer Dagrofa has announced that its MENY retail chain is launching a new e-commerce platform for selling wine. The platform, MENY Wine, is part of the retailer’s #FremgangSammen strategy, which...
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Germany: Paulaner buys Oettinger’s Gotha brewery
The Oettinger brewery in Gotha, threatened with closure, has been saved. As became known today, the Paulaner Brewery Group GmbH & Co. KGaA signed on Friday a contract to purchase...
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Meteorological service: soaking rain would be good for the germination of sown wheat
During the last three weeks of dry weather, the top few centimeters of the soil have already dried up, sown wheat would need a soaking rain to germinate – the...
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There could be a huge shortage of chips and mirelite potatoes, Lidl and Spar have also spoken
Many people’s favorites are potato chips or frozen French fries, but it seems that there are problems in the supply chain, and from time to time consumers have to face...
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With these tech solutions, companies can save on utility bills
According to a recent survey, more than 40% of domestic businesses are only now facing rising energy bills. And in several European countries, such as the United Kingdom and Italy,...
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