Market News
EU report: this year was the hottest summer in Europe so far
Date: 2022-09-08 07:43:32
This summer was the hottest in Europe’s history, record-breaking heat waves occurred on the continent, and forest fires ravaged the continent due to a drought not seen in centuries, the...
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István Nagy: EUR 189 million in new support for small and medium-sized farms
Date: 2022-09-08 07:36:43
With the enhanced support for the first hectares of farms, 189 million euros of resources will be regrouped to small and medium-sized farmers from 2023 – announced the Minister of...
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Carrefour Unveils €30 Shopping Basket In Spain Following Price Cut Proposal
Date: 2022-09-08 07:30:52
Carrefour is to sell Spanish consumers a basket of 30 basic goods for €30, the company has announced, days after Spain announced it was considering asking major retailers to offer special price packages to mitigate inflation....
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Heineken Aquires Control of Craft Brewery Beavertown
Date: 2022-09-08 05:20:14
Heineken has taken full ownership of craft beer company Beavertown. As a result, Plant will step down CEO and take a new advisory role as part of the deal, which was...
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According to analysts, inflation like we have never seen is coming
Date: 2022-09-07 14:44:47
Inflation is expected to continue to rise in August, and by the end of the year the rate of price increase may reach 20 percent, which has not been seen...
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Will the Netherlands become a testing ground for EU food strategies?
Date: 2022-09-07 13:06:48
The Dutch government is still not budging from its radical plan to reduce nitrogen emissions, which would lead to the closure of more than 11,000 livestock farms and the slaughter...
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The price of flour is rising, bread is becoming more expensive
Date: 2022-09-07 12:48:37
Hungarian mills have become uncompetitive in Romania, so we can expect another increase in the price of flour at home – and bread will also become more expensive. Most of...
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Future Food Fest: An insight into the future of the food industry
Date: 2022-09-07 12:22:54
Following three years of planning, the first Future Food Fest was organised on 9 June, calling the attention of Hungarian FMCG companies to the challenges of the future. One of...
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There is such a shortage of bakers that they are looking for a baker in Diósd for a net price of 650,000
Date: 2022-09-07 11:52:32
Another peak salary in the hospitality industry has appeared on the labor market. The labor shortage is at such a level that they would hire workers at previously unimaginable wages....
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There are places where it will be forbidden to advertise meat products
Date: 2022-09-07 11:50:24
Haarlem, the Netherlands, is the first city in the world to ban the advertising of meat products after the local government classified meat as one of the products contributing to...
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Challenging times for the logistics industry
Date: 2022-09-07 11:15:15
Supply chain management often involves significant risks. The constantly evolving economic and political landscapes along with a wide range of other factors often lead to unforeseen circumstances with difficult-to-predict long-term...
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According to the Ministry of Agriculture, it is therefore important to develop conscious consumer habits
Date: 2022-09-07 10:55:46
Today’s most important goal is to ensure good advertising for Hungarian industry and Hungarian products – according to the announcement of the Ministry of Agriculture (AM) on Wednesday, the state...
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Private label market continues to grow
Date: 2022-09-07 10:35:42
After a two-year hiatus, on 31 May-1 June the Private Label Manufacturers Association (PLMA) organised the “World of Private Label” trade show in Amsterdam with personal presence. On 30 May...
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Competing retail channels in the butter market
Date: 2022-09-07 10:28:20
According to the GfK Hungária Household Panel, butter volume sales were 3% lower in 2021 than in 2020, but due to a price increase value sales augmented about this much....
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Sustainable management is of social interest
Date: 2022-09-07 10:05:53
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
Date: 2022-09-07 10:05:51
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
Date: 2022-09-07 10:02:35
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
Date: 2022-09-07 10:00:33
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
Date: 2022-09-07 09:39:19
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
Date: 2022-09-07 09:30:38
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
Date: 2022-09-07 09:22:19
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
Date: 2022-09-07 03:35:17
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
Date: 2022-09-06 11:00:56
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
Date: 2022-09-06 10:48:20
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
Date: 2022-09-06 10:36:49
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
Date: 2022-09-06 09:57:22
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
Date: 2022-09-06 09:35:06
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
Date: 2022-09-06 09:30:14
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
Date: 2022-09-06 09:25:52
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
Date: 2022-09-06 07:10:56
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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