Market News

Farmers can get information on the spot, in person

In October-November, Biokontroll Hungária Nonprofit Kft. organizes a cross-country tour in October-November in connection with the new cycle of agricultural subsidies, in order to spread knowledge related to organic farming...

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Producer prices for broiler chickens and broiler turkeys are also lower than last year

Based on the AKI’s slaughter statistics data, 487.3 thousand tons (live weight) of poultry were slaughtered in Hungary in the first eight months of 2024, 10.9 percent more than in...

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Biokontroll goes on a national tour

In October-November, Biokontroll Hungária Nonprofit Kft. organizes a cross-country tour in October-November in connection with the new cycle of agricultural subsidies, in order to spread knowledge related to organic farming...

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The shelf life of plant protection products can be extended

In addition to effective plant protection, Nébih also aims to minimize the amount of waste. In order to do this – to support farmers and plant protection product dealers –...

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István Nagy emphasized the importance of farmer-centered agriculture in Luxembourg

Agriculture Minister István Nagy urged the development of farmer-centered agriculture on Tuesday in Luxembourg, at his press conference following the meeting of the agriculture ministers of the European Union member...

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The producer price of slaughter pigs has decreased

According to KSH data, Hungary’s live pig exports increased by 27.1 percent to 19,000 tons in January-July 2024 compared to January-July 2023. The main partners were Romania, Austria, Albania and...

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Food Packaging Should Have Labels On Front About Health Impact, Says WHO

Packaged food and drinks should have easy-to-read nutritional information on the front of the products to help consumers make healthier choices, according to the first-ever World Health Organisation draft guidelines...

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Lidl’s Scan&Go is coming – with payment at self-checkout

After years of testing different systems and processes in Portugal, the UK, France and the Netherlands, Lidl has now apparently found its way forward for Scan&Go: self-scanning is coming to...

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British American Tobacco To Launch Synthetic Nicotine Pouches In The US

British American Tobacco (BAT) will launch a version of its Velo nicotine pouches using synthetic nicotine in the United States. Smoking alternatives like vapes from big tobacco companies, including BAT,...

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Maize free from aflatoxin contamination was also grown in the variety experiment network of Nébih

In the corn experiment of the Breed Experiment Station of the Nébih Baranya county, it was possible to prevent aflatoxin contamination with appropriate, well-timed insect control. And at those variety...

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Lidl combines Lidl Plus rewards with in-store bakeries

Lidl leverages its in-store bakeries to drive engagement with the Lidl Plus rewards program. The ‘Bake-Off-Roulette’ has been implemented across several European markets, and the retailer’s vertical integration into bakery...

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Innovative developments in agricultural vocational training

The goal of the smart classroom program launched in the sectoral training centers is to provide a modern, interactive learning environment for students participating in dual education. That is why...

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“Road to economic neutrality” – Eastern or Western opening?

An important element of the government’s economic strategy and communication for almost 15 years is the opening to the east, which has two main goals: to support the expansion of...

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GVH: The application of artificial intelligence can increase the competitiveness of Hungarian enterprises

The rapid spread of artificial intelligence (AI) technologies, or if they do not start using them, can cause a competitive disadvantage for small and medium-sized enterprises – among other things,...

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EXIM has so far disbursed around HUF 1,000 billion in the Gábor Baross loan program

EXIM Hungary has already disbursed 84 percent, HUF 1,011 billion, of the total amount of HUF 1,200 billion of the Baross Gábor Újraiparosítási Hitelprogram to Hungarian businesses, the credit institute...

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Taking facial care to the next level

This article is available for reading in Trade magazin 2024/10 Analysing NIQ data from January to June, Luca Varga – trade marketing manager of L’Oréal Magyarország – points out that...

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Employers’ expectations are optimistic – 45% of companies plan to increase staff in 2025

With the exception of Nógrád County, the number of applications received for job advertisements increased throughout the country in the third quarter of 2024 compared to the same period of...

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Industrial digitization: the revolution is still waiting to happen due to insular operation

While in some parts of the world only robots work in factories and almost three-quarters of global companies report that they have successfully implemented Industry 4.0 projects or are in...

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NGM: increased consumer protection control at online stores and courier companies

The Minister of National Economy called on the consumer protection authority to investigate the information and complaint handling obligations of online stores and courier companies, which will take the necessary...

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Brussels wants to take away area-based agricultural subsidies from farmers

Brussels is planning to take away area-based agricultural subsidies from farmers, Minister of Agriculture István Nagy said on Monday in a video message uploaded to his Facebook page. He stated...

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Four thousand tonnes less waste at SPAR

SPAR Magyarország has generated almost 4,000 tonnes less waste in three years. In 2023 alone the company cut its waste production by 1,600 tonnes, and the introduction of digital solutions...

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Pioneering technology from Debrecen

Sz. Variáns is the first company in Hungary to install a digital machine for the post-printing of paper bags. This article is available for reading in Trade magazin 2024/10 The...

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Britvic invests GBP 25m to upgrade its UK distribution centre

Britvic has invested GBP 25m in the development of its national distribution centre in Leicestershire. The company has spent GBP 5m on the Lutterworth site over the last three years...

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The processing sales price of UHT milk increased the most in September

According to AKI PÁIR data, the national average producer price of raw milk in Hungary was HUF 173.21/kilogram in September 2024. In addition to a 0.1 percentage point improvement in...

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Bird flu also appeared in Bács-Kiskun county, so the epidemic already affects six counties

In the past few days, the disease was identified in two poultry farms in Bács-Kiskun counties, which are epidemiologically independent from each other, in one flock of laying hens and...

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Agricultural relations between Hungary and Laos continue to strengthen

Hungary continues to strengthen its partnership with Laos in the fields of agriculture and education – said Sándor Farkas, Deputy Minister of the Ministry of Agriculture, who received Dr. Linkham...

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Marketplaces generate 69% of European cross-border sales

In the financial year 2023/2024, the whole European online cross-border market achieved sales of 326 billion euros. A large majority, 69 percent, or 225 billion euros came from online marketplaces....

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Lidl triples plant-based range to meet surging demand

Lidl GB is expanding its plant-based offerings, more than tripling its range. The move comes in response to a 12% increase in demand over the past year. The retailer’s new...

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István Nagy urged the protection of farmers in Luxembourg

Agriculture Minister István Nagy urged the protection of farmers and the creation of predictable market conditions on Monday in Luxembourg, prior to the meeting of the agriculture ministers of the...

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Generation Z starts investing and saving already in their teens

Generation Z begins to invest earlier and to a greater extent than any other generation: they start as early as 19 years old and, compared to previous generations, they also...

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