Market News
Sustainable management is of social interest
The new cycle of the Common Agricultural Policy, starting next year and lasting until 2027, has been designed in such a way that, thanks to higher national co-financing, within the...
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Croatia’s Studenac and Wolt to build a dark store network
Croatian retailer Studenac has teamed up with European delivery platform Wolt, to launch a network of online dark stores. This service will let customers order products exclusively through the Wolt...
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San Benedetto enters the energy drink category
Italian non-alcoholic beverage group San Benedetto has entered the energy drink market: SB Energy Super Boost is an energy drink in a 0.25-litre can format with taurine, caffeine and vitamin...
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Barilla pasta in 100% recyclable packaging across Europe
Following a successful trial in the United Kingdom, Italian food company Barilla plans to launch 100% recyclable packaging across Europe. This move will help Barilla cut down on plastic use...
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Tracks leading into the future
At the end of May the Ministry of Agriculture and GS1 Magyarország organised “The role and significance of tracking in the baking and confectionery industry”. Dr Beáta Olga Felkai, head...
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KPMG: 4 out of 5 managers are preparing for a price increase, but they are also struggling to maintain profitability with other means
In the near future, more than four-fifths of the companies are preparing for price increases that reach or exceed the level of inflation – if they have not yet exceeded...
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The land sale program continues
As a continuation of the land sale program started in 2020, the National Land Center (NFK) will announce for sale a total of thousands of pieces of state land with...
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Coca-Cola Named Ireland’s Biggest-Selling Brand For 18th Year In A Row
Coca-Cola has been named the biggest-selling brand in Ireland for a record 18th year in a row, according to the latest edition of the Checkout Top 100 Brands report, published by Checkout magazine in association with NielsenIQ. The...
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Hungarian linden honey won the American honey competition
Hungarian honey has been synonymous with the best of our land for decades. Hungary has now become the third largest honey-producing country in the European Union, and the reputation of...
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The Ministry of Agriculture welcomes the MNB’s position regarding the agricultural loan moratorium
The Ministry of Agriculture draws the attention of farmers to the position of the Hungarian National Bank, which informs about the procedure for bank classification of loans in payment moratorium....
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Agricultural Marketing Centre: food exports in Asia may pick up
Food&HotelAsia (FHA), one of the most important international food and beverage exhibitions in the ASEAN (Association of Southeast Asian Nations) region, has opened its doors in Singapore. September 5-9, 2022....
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Finally, some good news: tourism has recovered after covid
The increase in guest nights dropped to 14.6% from 58% in the previous month, due to the gradual lifting of restrictions against the epidemic a year ago, but the sector’s...
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In trouble, logistics and water transport are also facing challenges
There are basically three things needed to transport goods by river: an operational ship, suitable goods and sufficient water. However, there are serious problems in virtually all of these areas...
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The farmers don’t sell the crop, so they wait for even better prices
Although it has been somewhat forgotten in recent years, due to the current economic situation, the institutional system of public warehousing may revive in Hungary. The high crop prices favor...
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Profession.hu: salary requirements have changed a lot
The fall semester has started at the universities, on the occasion of which Profession.hu prepared its latest analysis of the wage demands and career orientation of employees with various higher...
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Meat advertising is banned in a Dutch city as part of the fight against climate change
For the first time in the world, the advertising of meat products is banned in Haarlem in the Netherlands, after the municipality classified meat as one of the products contributing...
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Supermarket Spend Sees Biggest Jump in 18 Months, Despite Inflation Hitting 14 Year
Supermarket spending has seen the biggest increase for 18 months, despite inflation hitting a new 14-year-high, new data has revealed. According to the BRC-KPMG retail sales data, food and drink sales...
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KSH: the turnover of retail stores increased by 4.3 percent in July
In July, according to raw data, the volume of retail trade exceeded the previous year by 3.8 percent, adjusted for calendar effects, by 4.3 percent, the Central Statistical Office (KSH)...
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Analysts: the adaptation of households is indicated by the retail trade data
Retail trade data for July indicate that households have begun to adapt to the stricter economic environment and that in the third quarter, consumption no longer represents as much of...
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We buy less and less food
In July, the volume of retail trade was 4.3% higher than a year earlier. However, the details behind the apparently strong data strongly shade the picture: with the exception of...
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Good news for Hungarian livestock breeders! South Korea has lifted its ban on European pork and poultry imports
South Korea lifted the ban on the entire European pork and poultry trade due to African swine fever in 2018, and due to bird flu in 2021, the measure benefits...
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In July, retail sales rose in the euro area and the EU
In July, retail trade turnover increased by 0.3 percent compared to the previous month in both the euro zone and the countries of the European Union, based on the Monday...
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The wave of development in Hungarian agriculture continued
The amount of agricultural investments increased by almost 21 percent in the first quarter of this year, and by more than 25 percent in the second quarter. The developments that...
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FruitVeb: gardeners fear a shortage of fertilizers
The EU’s sanctions policy also affects the supply of fertilizers, as the gas crisis worsens, a shortage may develop – read the statement of the FruitVeb Hungarian Vegetable and Fruit...
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The government decided on an extraordinary agricultural interest subsidy program
In view of the extremely severe drought situation, in order to improve the financing situation of agricultural production and ensure the security of the food supply, the government will create...
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The Economic Competition Authority has noticed influencer marketing, new rules are coming!
In the fall, the Economic Competition Authority (GVH) will publish the information on the marketing of the new influencer, which will give opinion leaders much more detailed guidelines for legal...
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Marks & Spencer: Partnership with Benefit Cosmetics
Marks & Spencer has entered into a partnership with Benefit Cosmetics, which will see the retailer sell the brand in its UK stores as well as online from this autumn....
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Is fast delivery more important than everything else? – Future Trade conference – Which way are logistics and delivery services going?
Logistics and shipping were also discussed at the Future Trade conference in May. András Táncsics, the CEO of Boxy Logisztikai Zrt. was the first speaker. He introduced the future-proof logistics...
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Online Retailers Face Cardboard Shortage
According to the German E-Commerce and Mail Order Association (bevh), online retailers are currently suffering from significantly rising costs for cardboard packaging. Bottlenecks could arise if the energy crisis intensifies...
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PepsiCo rolls out healthier crisps
PepsiCo has launched its first ever high in fat, salt or sugar (HFSS) compliant range of “healthier” Walkers and Doritos crisps. Popular crisp brands Walkers Baked and Doritos Dippers have...
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