Market News
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...
Read more
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...
Read more
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...
Read more
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,...
Read more
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”...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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,...
Read more
New kinds of challenges in the fruit juice market
Anita Pusztai, Sió-Eckes Kft.’s marketing director reported that sales were up 10% in the fruit juice, nectar and drink (FJND) market in 2022. “Sió-Eckes preserved its stable market share and...
Read more
Eggs are also cheaper in Switzerland than here
A Hungarian vlogger living in Switzerland showed that food inflation of 35 percent is the highest in Europe. 30 eggs cost 5 francs, i.e. 2145 forints calculated at the current...
Read more
Mondi opens recyclability laboratory
Packaging company Mondi has opened its first recycling laboratory at its Frantschach production plant in Austria, where they test the recyclability of paper and paper-based packaging using non-paper components. Mondi...
Read more
NAK can give a membership fee discount of up to HUF 3.5 billion
In addition to the discounts so far, the National Chamber of Agrarian Economy (NAK) will provide HUF 1 billion in membership fee discounts this year, and an expected HUF 2-2.5...
Read more
Kraft Heinz to sell B2B powdered cheese business to Kerry Group
Kraft Heinz Company has agreed to sell its B2B powdered cheese business to taste and nutrition firm the Kerry Group. The deal includes Kraft Heinz’s B2B powdered cheese products, which...
Read more
Heinz launches Black Garlic Mayo version for Halloween
Heinz has unveiled its very first Black Garlic Mayo flavour in celebration of Halloween. The brand has combined its vegan mayonnaise with the tangy and slightly sweet flavour of black...
Read more
Consumer Prices In China Rise At Fastest Rate Since April 2020
Consumer prices in China rose at the fastest pace since April 2020 in September, driven largely by food costs, limiting the scope for more policy easing to prop up a...
Read more
