Market News
Colgate-Palmolive takes over pet food plants from Red Collar Pet Foods
Colgate-Palmolive plans to pay USD 700m for three dry pet food manufacturing plants in the USA, currently owned by Red Collar Pet Foods. The factories are situated in South Carolina,...
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Magazine: Change is inevitable and urgent
According to data from the United Nations, from the food that is wasted globally 3 billon people could be fed. What makes the problem even worse is that 10% of...
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Minister of Economic Development: it’s time to put an end to price caps
The price caps fulfilled their role, but they are meant to deal with temporary difficulties, and now they are more and more expensive to maintain – said the minister responsible...
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A kilo of pork could soon cost up to 4,000 HUF
The small producers of the pork sector are extremely disappointed, but the larger meat plants are not optimistic either. A significant increase in the current prices would be justified, as...
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A new package of measures was created to help the work of the wine industry
In recent years, we have found our way back to the heritage of the ancients, to the traditions of champagne production, and the Hungarian winemakers, who are always looking for...
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Fewer animals were sent to the slaughterhouse in the first half of the year
In the first half of this year, slaughterhouses in Hungary slaughtered 5.5 percent less cattle, 6.5 percent less pork, and 12.8 percent less poultry, according to a summary published on...
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Support options for soil-friendly farming within the framework of the new KAP
In the period of the new Common Agricultural Policy (KAP) until 2027, agriculture will receive three times as much resources as before, part of which must be used for soil...
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According to the Minister of Agriculture, every challenge proves the importance of agriculture and the food industry
Today’s global challenges prove that the importance of agriculture and the food industry is enormous, so it is a good decision to choose agriculture as a career, said the Minister...
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In the first half of the year, farmers bought 795,000 tons of fertilizer
In Hungary, in the first half of this year, distributors sold 795,000 tons of fertilizer to producers – read the summary published on the website of the Agrárközgazdasági Intézet (AKI)....
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Picking of the typical blue grape varieties of the Villány wine region has begun
The harvest of typical blue grape varieties has begun and is expected to end in the second half of October in the Villány wine region, where the quantity of the...
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Inflation in the euro zone is at a record level, but still much lower than in Hungary
In the euro area, consumer prices rose by a record 9.1 percent in August compared to the same month of the previous year, the EU’s statistical office, Eurostat, announced on...
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BMI: Growth slowed down in August
The seasonally adjusted August value of the Purchasing Manager Index (BMI): 57.8. Compared to the previous August values, this year’s value is higher than the long-term average for this month...
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Are “vegan” or “plant-based” products more popular?
ProVeg International has analysed the markets of Western Europe, trying to find out how plant-based alternatives can become more attractive to consumers. This would also be important because there is...
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Tesco Qualifies For The Most Desirable Company to Work For in UK
Tesco has been named the most desirable company to work for according to a new study. The research, conducted by marketing training hub School of Marketing, analysed the top searches for jobs...
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Aldi Süd launches fresh produce platform
Discounter Aldi Süd has started a new concept that combines fruit and vegetable logistics in one location. The Aldi Süd Fresh-Produce Platform was launched in the Rhine-Main region in July....
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Lidl: Rescue bags for imperfect fruit and vegetables
Discounter Lidl has introduced a “rescue bag” for less than perfect fruit and vegetables in an attempt to prevent food waste. The 5kg rescue bag contains various types of fruit...
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Food security has become a strategic issue in Europe
In the past two years, agriculture has faced several serious challenges. All over Europe, agriculture had to survive in extraordinary circumstances, which enhanced the role of food supply – emphasized...
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This development also represents the renewal of agriculture
Historical opportunity, historical responsibility and historical difficulty – these three concepts characterize Hungarian agriculture today, we need to determine where the world’s agriculture is headed based on them, and where...
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István Nagy: Hungarian wine producers are not opponents, but inspirers of each other
Hungarian wine producers are not opponents of each other, but inspire each other; this is what drives this sector forward – said the Minister of Agriculture at the ceremonial announcement...
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The lack of fodder in organic animal husbandry can be alleviated
Regarding this year’s damage mitigation year, the Minister of Agriculture announced a drought for the entire country on August 19, the drought announcement may contribute to the solution of the...
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The fate of discount newspapers in Hungary has been decided: Lidl, Spar, Auchan showed their strength
While Obi launched its printed catalog with a single hussar cut, most domestic store chains do not plan to introduce paper-based discount newspapers for the time being. Lidl, Aldi, Spar,...
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The proportion of fake honey on the shelves of Hungarian stores is worrying
A new inspection has revealed that the majority of shop honeys do not meet quality requirements. However, the producers’ honeys passed the test well – InfoStart points out. The National...
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The price of coffee continues to rise
Brazil is the main producer of arabica, which accounts for roughly 70 percent of the world’s coffee production. Due to the drought affecting the country and transportation difficulties, we can...
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Heatwaves Force Early Spanish Wine Harvests, Nighttime Picking
Forced to start harvesting a few weeks earlier in the season due to brutal summer temperatures and drought influenced by climate change, some Spanish vineyards such as this family business outside Madrid...
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Sainsbury’s is investing £60m in keeping food and grocery prices low
Sainsbury’s is investing £60m in keeping food and grocery prices low this autumn as part of its biggest ever ‘September price blitz’. The investment will help customers feeling the pressure of...
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KSH: For now, investments have increased, but that will change soon
Investments increased in the second quarter of this year based on the latest data from the KSH, both the corporate and budgetary spheres contributed to the expansion, but the driving...
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The number of champagne wineries in Hungary has tripled
The number of wineries producing champagne has tripled in 5 years and last year it already exceeded 120 wineries, thanks to the growing consumer demand for special, high-quality champagnes and...
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Can Hungarian customers say goodbye to their favorite chips flavors? Several domestic store chains made the announcement
Many product manufacturers have been forced to change their food ingredients since the outbreak of the war in Ukraine. Due to the shortage and rising prices of raw materials, it...
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Euro Zone Inflation Hits Yet Another Record High In August
Euro zone inflation rose to another record high this month, beating expectations and solidifying the case for further big European Central Bank rate hikes even before pries peak near the turn...
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Nestlé To Launch Vegan KitKat Across Europe After Successful Pilot
Nestlé has announced that it plans to roll out the vegan version of KitKat across Europe following a successful pilot in the UK and some other countries. KitKat V will be sold in 15 countries...
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