Market News
Portugal To Extend Subsidy To Help Poorest With Food Inflation
Portugal will extend until September a subsidy of €60 a month to help the poorest families cope with food inflation, Prime Minister Antonio Costa has said. Speaking in parliament, Costa...
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Valser launches labelfree bottles
Valser becomes the first Swiss mineral water brand to dispence with labels, this means it can reduce the amount of packaging material used and take another step towards the full...
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Morrisons saves 16,000 jobs by acquiring McColl’s
Morrisons takeover of collapsed convenience store chain McColl’s means that the 16,000 staff and 1,100 shops have now been saved. With the deal the retailer has also rescued McColl’s two...
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Kaufland Commits To Local Sourcing For Own Brand Milk
German retailer Kaufland is expanding its cooperation with German farmers by committing to local origin for all its private label milk brands. Last year, Kaufland introduced the ‘Qualität aus Deutschland’ (‘Quality from Germany’)...
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Smurfit Kappa earns Vegan Society certification
Smurfit Kappa has become the first packaging company to obtain the Vegan Society trademark, for its corrugated packaging made in its Markham Vale site in the United Kingdom. What is more,...
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Let’s dare to look into the future!
AI: opportunity and threat In February K&H Group organised the Innovation 2062 conference, where participants discussed various future-related topics. The first speaker was Balázs Németh, chief innovation officer of K&H...
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Uber Eats joins forces with One Stop
Uber Eats users can now order a selection of confectionary items, alcohol, fresh meat, and fruit and vegetables, as more than 100 One Stop stores have launched on the app so far...
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Magazine: Shortages: From microchips to potato chips
In his personal account of the previous year, BGA Hungary Sec-Gen Zoltán Fekete starts with alluding to the historical perspectives of Guns, Germs and Steel, the Pulitzer Prize winner book...
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UK Changes Plans for EU Import Controls
To ease pressure on British living costs, on 28 April 2022 the UK government announced that no further restrictions on the import of goods from the EU would be imposed...
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More than 100 bags of garbage were collected by Mizo
Sole-Mizo and carries out its manufacturing activities in the most harmonious way possible with nature and society. Earlier this year, they also released their first sustainability report, “Our Milk. Our...
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A pea protein containing a record amount of protein has been developed in Israel
Israeli seed developer Equinom claims to have broken its own industry record of 70 % protein content by developing a non-GMO, minimally processed pea protein ingredient with 75% protein content....
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KSH: the number of employees was 4,686,000 in May
In May, the number of employed people aged 15-74 was 4,686,000. For the March-May period, the average number of employees increased by 99,000 to 4,693,000 in one year, the Central...
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Analysts: employment is almost complete in Hungary
In a situation close to full employment, more and more vacancies are forcing companies to compete for wages, which will further fuel inflation, analysts who told MTI commented the latest...
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Tesco has introduced electric delivery vans
Tesco has introduced fully electric vans in its home delivery service; The refrigerators in the vehicles operated jointly with MHC Mobility Hungary’s fleet partner also run on batteries, so the...
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Minister of Agriculture: bee colonies and beekeepers need to be safe
Bees are key players in sustainable agriculture and the food industry, which is why the National Hungarian Beekeeping Association (OMME) has gained recognition in the beekeeping products sector, Minister of...
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Slovakia has the third lowest purchasing power as a share of GDP in the EU
The ma7.sk portal, points out that the purchasing power of the Slovak population and its level compared to the EU average has decreased significantly, having fallen by six places in...
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Economic growth in the euro area slowed in June
Growth in the euro area’s economic performance slowed more than expected in June, according to the preliminary value of the Purchasing Managers’ Index of the London-based IHS Markit economic research...
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Seasonal season: quantity and quality are also important in the harvest
Cherries, peaches, currants, tomatoes, peppers – fruits and vegetables are slowly ripening at the producers in Hungary as well, so now it is even more important when we choose which...
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Scary data shows that employee morale needs to improved
Sorry, this entry is only available in HU....
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This is to prevent our air conditioners from causing problems
Although we’ve already gotten a taste of the heatwave, the hottest days of summer are yet to come. This also kicks off the season of intense air conditioning use, but...
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(HU) Magazin: Exkluzív kutatás a vásárlási szokásokról
Sorry, this entry is only available in HU....
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Survey: the majority of Hungarians spend less in an inflationary environment
In the current inflationary environment, 80 percent of Hungarians indicated that they spend less to preserve their current financial situation, and consumers will refrain from buying mainly food and hygiene...
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Ministry of Agriculture: the Agricultural Széchenyi Investment Loan Program has been renewed
A new investment financing instrument called Agrár Széchenyi Investment Loan Max will be available to small and medium-sized enterprises from 1 July, the Ministry of Agriculture (AM) announced in a...
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The EU would introduce legislation to reduce the use of plant protection products
The European Commission on Wednesday proposed legally binding targets for reducing the use of chemical pesticides and restoring nature and biodiversity in the EU. Under the proposal, the EU would...
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Mazars: Based on employer wage contributions, Hungary is in the regional middle
Based on employer wage contributions, Hungary is in the regional middle; In order to improve economic performance, the government has reduced taxes on labor income and further reduced the social...
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AM: focus on innovation opportunities in the Hungarian aquaculture sector
Charlina Vitcheva, Director General of the Directorate-General for Fisheries and Maritime Affairs (DG MARE), visited Hungary on 21-23 June 2022 at the invitation of the Ministry of Agriculture to learn...
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JDE Peet’s ups sustainable sourcing target
Coffee and tea producer JDE Peet’s is to increase its responsibly sourced coffee target from 30% to 80% in 2022. The company will invest EUR 150m in its responsible sourcing programme,...
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Hungarians prefer more and more spicy food
The popularity of hot products has increased recently in Hungary. One-fifth of domestic consumers indicated that they have become accustomed to these foods in the last few years, according to...
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Companies are looking for more student workers online for the summer than ever before
More and more advertisements are being published on Hungary’s most visited thematic job portal. Compared to the previous year, the number of advertised positions increased the most in the areas...
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Nomad Foods wants end-to-end carbon footprint assessment for food products
Nomad Foods has called on European food industry companies and regulators to use a more comprehensive, end-to-end approach to Life Cycle Assessment (LCA) studies, which includes food loss and waste...
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