Market News
Cow and goat cheeses recalled from trade due to microbiological contamination
Pasteurized cow and goat cheeses from France have been recalled by traders, the National Trade and Consumer Protection Authority (NKFH) warned in a statement sent to MTI on Friday. According...
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This year’s Carpathian Basin Wheat Pooling Ceremony of the Hungarians’ Bread program was held
The Carpathian Basin Wheat Pooling Ceremony of the Hungarians’ Bread – 15 million wheat grains program was held on Friday in Edelény. At the event, László Kövér, the Speaker of...
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Inflation in Slovakia rose to record levels in July
In Slovakia, annual inflation was 4.4 percent in July, the highest rate of price increase in the past 19 months, according to data released by the Statistical Office (SÚSR) on...
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Kavosz: a new scheme in the Széchenyi Card Program will soon help livestock farmers affected by foot-and-mouth disease
A new scheme will help livestock farmers affected by foot-and-mouth disease, in the Széchenyi Card Program, which is coordinated by Kavosz, they will soon be able to use a new,...
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Lidl Switzerland Sees ‘Record’ Growth In Cheese Exports In 2024
Lidl Switzerland saw record cheese export growth in 2024, marking its strongest performance since entering the market 15 years ago. The discounter exported 4,021 tonnes of cheese in 2024, representing...
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Markets reopen: Saudi Arabia and Chile lift ban on Brazilian poultry
Saudi Arabia and Chile have lifted import bans on Brazilian poultry products imposed in May due to an outbreak of bird flu in the state of Rio Grande do Sul,...
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French government to provide €8m in emergency aid to farmers hit by southern forest fires
The French government will provide €8m in emergency aid to farmers hit by last week’s forest fires, Agriculture Minister Annie Genevard announced on Thursday during a visit to the affected...
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Non-alc beer brand Heaps Normal gets Robbie Williams backing
The brand’s “core range” is being rolled out across “select bars, venues” in the UK and online from this month. Australian non-alcoholic beer brand Heaps Normal has received investment from...
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Arla Foods invests in Bahrain cheese production expansion
The dairy group expects the investment to boost the Bahrain site’s production capacity by approximately 30% Arla Foods is investing €50.9m ($59.4m) to expand output of spreadable cheese in glass...
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AM: help is coming from several sides for livestock farmers affected by foot-and-mouth disease
The government is committed to supporting the restart and maintenance of livestock farms affected by foot-and-mouth disease, as well as animal health developments. The newly published ministerial decree details the...
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KSH: industrial production decreased by 4.9 percent in June compared to the same period of the previous year and by 1.2 percent compared to May
In June 2025, the volume of industrial production fell by 4.9 percent compared to a year earlier. The index adjusted for working days is the same as the unadjusted one....
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MBH quick analysis: Industry performance remains subdued
Industry continues to deliver weak figures: in June, industrial production volume was 4.9% below the level of a year earlier. Based on seasonally and working-day adjusted data, industrial output was...
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AI and sustainability could be breakout points for midsize companies in times of uncertainty
According to the latest data from Grant Thornton International Business Report (IBR), 71% of mid-market executives worldwide are optimistic about the outlook for the second half of 2025, although this...
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Many more people would resign than last year if home office were abolished
The vast majority of employees are in favor of remote work, and more and more would perform a significant part of their tasks from home if they had the opportunity...
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10 proven strategies to increase employee motivation
Employee motivation is one of the keys to organizational success: it directly impacts productivity, employee retention, and profitability. However, boosting motivation requires more than generic solutions – strategies must be...
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K&H: it’s really worth taking out holiday insurance now
Due to the devastating storms in July, not only permanently inhabited properties but also holiday homes were at risk. That is why it is important to protect these properties properly,...
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Amazon brings same-day perishable food delivery to 1K cities and towns
The retailer plans to expand the service, which allows shoppers to buy groceries and non-food products using a single online cart, to more than 2,300 locations by the end of...
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New Polish president to form international coalition against Mercosur Agreement
Karol Nawrocki Poland’s newly inaugurated President announced at a rural rally on Saturday that he would form an international coalition against the agreement between the European Union (EU) and the...
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Help is coming from many sources for livestock owners affected by foot-and-mouth disease
The government is committed to supporting the restart and maintenance of livestock farms affected by foot-and-mouth disease, as well as animal health developments. The newly published ministerial decree details the...
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NAK: consumers would also be adversely affected by the withdrawal of EU agricultural subsidies
The withdrawal of EU agricultural subsidies would seriously affect small and medium-sized farms, but consumers would also be the victims of the 20-25 percent reduction – the Association of Hungarian...
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NKFH: the authority seized more than 1,500 boxes of fake dietary supplements
The National Trade and Consumer Protection Authority (NKFH) and the National Tax and Customs Authority (NAV) Pest County Tax and Customs Directorate conducted a coordinated inspection of the logistics center...
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The Hungarian music industry has a doubling economic impact, according to an analysis
The Hungarian music industry generates a total of 2.04 forints of economic activity for every 1 forint of direct investment, i.e. it more than doubles the value generated in the...
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Agrometeorology: drought is intensifying, forced ripening of summer crops is expected
The heat is increasing in the coming days, and no significant precipitation is expected in most parts of the country, so forced ripening of summer crops is expected in drought...
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NAK-FruitVeB: Last year’s sweet corn yield is likely
According to the overview published on Tuesday by the National Chamber of Agriculture (NAK) and the Hungarian Fruit and Vegetable Association (FruitVeB), the weather in the northern part of the...
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AM: summer harvest completed, yields favorable
The summer harvest in Hungary has recently been completed, based on the available data, the yields per hectare and the total yield of this year’s harvest are developing favorably compared...
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Danone gives Activia a glow up for Gen Z
Activia is looking to reach more consumers with a new offering and major brand refresh as Gen-Z clamors for probiotics and gut health. The brand has been associated with its...
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Gruppo Megamark Unveils €180m Investment Plan
Italian regional grocery retailer Gruppo Megamark is investing €180 million to expand and modernise its stores in southern Italy. This two-year business plan (2025-26) is being funded by €45 million...
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Agrometeorology: Drought intensifies, forced ripening of summer crops expected
The heat is increasing in the coming days, and no significant precipitation is expected in most parts of the country, so forced ripening of summer crops is expected under drought...
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End of the century: drought drove up food prices in July
In July, annual inflation slowed to 4.3 percent, while on a monthly basis prices rose by 0.4 percent, according to the latest analysis by Századvég. The relatively high monthly price...
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Counterfeit food and beverages cause billions in damage in Hungary every year
In Hungary alone, food and drink counterfeiting causes nearly 16 billion forints in lost revenue and more than 270 job losses each year, while at EU level, the phenomenon costs...
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