Market News
A good season is forecasted
In early May it seemed that this year’s fruit harvest would be quite good, but it is a big question how the price rise wave that is sweeping across the...
Read more
Changing world, changing consumers
According to a GfK study with approximately170 million households in 14 countries, FMCG volume sales will increase by 3% this year; expectation is that value sales will be 13% higher...
Read more
“Smart” laundry detergent refill stations in Lidl stores
In partnership with Algramo, Lidl has decided to launch an automated, touchscreen, liquid refill station in stores, at part of a 6-month pilot project. Shoppers can buy four types of...
Read more
Magazine: Ferrero Group is the new owner of Fulfil Nutrition
Ferrero has signed a definitive agreement to buy Irish vitamin and protein bar producer Fulfil Nutrition. The value of the transaction is estimated to be around EUR 150m. Based in...
Read more
MNB director: inflation peaks in the autumn months
Inflation peaks in the autumn months and then slowly declines, returning to the central bank’s tolerance band at the end of 2023 and reaching the 3 percent target in the...
Read more
AM: The application for support for small agricultural holdings was popular
One of the most successful calls of the Rural Development Program was the tender scheme for the support of small farms, which ended on 31 May and helps small farmers...
Read more
KSH: Industrial producer prices rose by 32.3 percent on an annual basis
In May, industrial producer prices rose by 32.3 percent year-on-year and by 2.6 percent month-on-month. Domestic sales prices were 43.3 percent higher, and forint-denominated export prices rose 26.7 percent, the...
Read more
K&H: Sustainability is important to companies, but they do little for it
In Hungary, the majority of company executives have already recognized that sustainability has a significant impact on the economy, which needs to be addressed, but far fewer are taking real...
Read more
German retail sales declined in real terms on an annual basis
Retail sales in Germany were mixed in May, growing more than expected on a monthly basis, but declining more than expected on an annual basis. The German Federal Statistical Office...
Read more
Unemployment in the euro area has fallen to a record low
Unemployment fell to a record high in the euro area in May, while it stagnated in the European Union. The EU’s statistical office, Eurostat, said on Thursday that the unemployment...
Read more
(HU) Intrum: Gátolják a magyar cégek növekedését a nemfizető ügyfelek és a hiteltartozások
Sorry, this entry is only available in HU....
Read more
(HU) Nyitott, elfogadó munkatársakkal és egyenlő bánásmóddal találkozik a legtöbb megváltozott munkaképességű magyar ember
Sorry, this entry is only available in HU....
Read more
Żabka Smart opens in Poznań
Polish retailer Żabka has introduced new technology in its Poznań store, which will improve how its franchisees operate. “Żabka Smart” communicates with shop assistants, performing a number of activities for...
Read more
Nomad Foods and Innoget launch open innovation portal
Nomad Foods has teamed up with global innovation network Innoget, to launch an open innovation portal to accelerate food technology cooperation. The website will facilitate solutions for some of the...
Read more
Magazine: Shoppers are buying more, but they do it less often
Csilla Czikora, NielsenIQ’s client service director responsible for manufacturer partners analysed the trends of 2021, and she also gave an overview of what happened in the first quarter of 2022....
Read more
GKI: Forecast for 2022
GKI has revised its growth forecast. For 2022, it raised its GDP forecast to 3.5-4 per cent from 2.5-3 per cent previously, and lowered its GDP forecast for 2023 to...
Read more
The new subsidized loan program starting in July will be popular
The Széchényi MAX program, which will be launched in July, will be a great help to micro, small and medium-sized enterprises, as it will provide financing at a better interest...
Read more
Horticulture will continue to be a major product line in the future
The horticultural shooting sector is facing significant development opportunities, including the domestic tomato shoot, where the good results achieved in terms of yield may increase with the new investments, Juhász...
Read more
Ministry of Agriculture: the summer harvest began sooner
Harvesting has also started nationwide, and the extremely warm weather requires special attention from farmers, said Minister of Agriculture Nagy István in his statement. The head of the ministry pointed...
Read more
German inflation slowed in June
In Germany, instead of the expected rise, inflation slowed in June year-on-year, according to the German federal statistical office Destatis. According to preliminary data from Destatis published on Wednesday, the...
Read more
Petition For EU to Include Plant-Based Milk in School Meals Gains 35,000 Signatures
A petition by ProVeg International urging the EU to include plant-based milk in school meals has exceeded 35,000 signatures. The campaign pushes for the integration of plant-based milk as a more climate-friendly...
Read more
Co-op Britain to stop indicating “use by” dates on private label yogurts
Britain’s Co-operative Group plans to stop indicating the “use by” dates on private label yogurts to prevent food waste. The retailer plans to use “best before” dates instead, because they...
Read more
Orkla Alternative Proteins invests in two start-ups
Orkla Alternative Proteins has invested in two start-ups, Change Foods and Arkeon, which use technology to produce cheese and proteins. Change Foods is a start-up established in 2019, they have...
Read more
Diageo and PET Cup are improving the waste situation in the Tisza source region
Approx. 10,000 tonnes of waste arrive from Ukraine and Romania on the Tisza, mainly due to the lack of adequate waste management systems in the upstream countries. The Tisza PET...
Read more
Heads of OECD and FAO emphasise the importance of peace and transforming our agrifood systems for guaranteeing access to food for the world’s poorest
The global agrifood sector faces fundamental challenges over the coming decade, particularly the need to feed an ever-increasing population in a sustainable manner, the impacts of the climate crisis and...
Read more
Magazine: László Krisán: “Everyone has their share of responsibility in crisis management”
Our magazine asked László Krisán, the CEO of KAVOSZ Zrt. about the past year, the present situation and their plans for the future. – How did the different types of...
Read more
The harvest will begin soon
Within a few days, the harvest will start in Hungary as well – agrarszektor.hu wrote. This year, the world is ahead of the harvest season, with the Russian-Ukrainian war leading...
Read more
Mondelez expands its sustainable wheat production program in Hungary
The American food company Mondelez, an international company is expanding its sustainable wheat production program in Hungary as well, and an increasing proportion of the biscuits made in the Székesfehérvár...
Read more
(HU) Coca-Cola gyárlátogatás az MMSZ Zöld tagozattal
Sorry, this entry is only available in HU....
Read more
Severe feed shortages could occur in Spain
Spain is forced to face a serious loss of grain this year, writes agrarszektor.hu. According to preliminary estimates, the crop will fall by about 20 to 40 percent due to...
Read more
