Market News
Small and medium-sized enterprises have an important role to play in economic recovery
In the coming years, small and medium-sized enterprises (SMEs) will play an important role in economic recovery, and the government is therefore opening up new financing opportunities for them –...
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Lidl Switzerland exported 3,000 tonnes of cheese last year
Lidl Switzerland exported more than 3,000 tonnes of cheese in 2023, accounting for around 5% of Switzerland’s European cheese exports. Despite a general decline in Swiss cheese exports, Lidl’s sales...
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Organic or non-organic? – Don’t be afraid to ask!
It is the joint effort of the Union and the Hungarian government to increase the proportion of organic farming within agriculture as high as possible. Accordingly, more and more places...
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Nébih: the distributor recalled a picking shovel with holes
Due to the release of primary aromatic amines, HOUSEHOLD DEPO Kft. recalled a pick shovel with holes from the market – the National Food Chain Safety Office (Nébih) drew attention...
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Amazon launches climate label in Belgium and Sweden
Amazon is expanding its “Climate Pledge Friendly” to Belgium and Sweden, making it easier for customers to filter searches to highlight products with sustainable features. The new label, in the...
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Seven & I in talks over the sale of its supermarket business
Japan’s Seven & I Holdings has approached private equity funds and other parties about a potential sale of its Ito-Yokado stores and supermarkets, Bloomberg News reported, citing people familiar with...
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Mondelēz’ SnackFutures Ventures Acquires Minority Stake In UK’s Urban Legend
SnackFutures Ventures, the corporate venture capital arm of Mondelēz International, Inc., has acquired a minority stake in Urban Legend, a ‘better-for-you’ fresh doughnut and pastry business in the United Kingdom....
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The size of the production area in the domestic tobacco sector has stabilized
The actors of the sector threw themselves into this year’s work with confidence, the spring precipitation in most of the production area was good for the plants at the beginning,...
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NGM: the food industry and pharmaceutical production are also performing well
Based on Friday’s data from the Central Statistical Office (KSH), some sectors of the Hungarian economy perform better, others worse, but the Hungarian economy as a whole is growing. In...
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FAO: The time has come to make the right to a healthy, nutritious and affordable diet a reality
The theme of this year’s World Food Day is “The right to food for a better life and future”. The message serves as a timely reminder that all people have...
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The international listing of sugar led to an increase in the price of the main food commodities
According to the Friday report of the Food and Agriculture Organization of the United Nations (FAO), in the past year and a half, September saw the fastest growth in the...
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Not only is the price of coffee rising, its consumption is also increasing, according to data from Coca-Cola HBC Hungary
In the period from September last year to the end of August this year, the value of the Hungarian retail coffee market increased by about 1 percent, while the reorganization...
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The size of the production area in the domestic tobacco sector has stabilized
The actors of the sector threw themselves into this year’s work with confidence, the spring precipitation in most of the growing area was good for the plants at the beginning,...
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Growing egg consumption in Hungary: eggs are an increasingly popular staple food
Since the low point of the 1990s, egg consumption in Hungary has been continuously increasing, which is also facilitated by campaigns promoting the product, said Gergely Pákozd, vice president of...
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Online subscription loyalty schemes are about to take off in Hungary
According to a representative survey by PwC (earlier GKID) for eMAG, the most attractive benefits of subscription loyalty schemes are a discount on the total purchase amount (30%) and free...
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Two Hungarian cities where local young people are shaping a sustainable future
Flash floods, unprecedented storms, drought and extreme heat waves, scorching urban concrete sea in summer. In winter, black smoke billowing from chimneys, air pollution, gas and electricity bills that are...
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With value-adding recycling for sustainable food production: Secondtaste and Cseles were introduced
The food industry places more and more emphasis on sustainability, and one of its important elements is value-adding recycling, which makes quality products from waste. Júlia Dalmadi, the founder of...
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The world’s largest 3D food printing plant has opened in Vienna
Advanced digital manufacturing technologies are giving new impetus to the development of the food industry, especially plant-based foods. One of the latest examples of this is the Austrian startup Revo...
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The favorable GHG emission values of domestic grain and oil crop cultivation have been accepted
On October 1, 2024, as the fifth member state, the European Commission positively evaluated and accepted at a technical level the regional greenhouse gas (GHG) emission values from the cultivation...
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New research: Beverage choices can affect stroke risk
Global research led by the University of Galway and Canada’s McMaster University in collaboration with international stroke researchers has revealed surprising links between drink choices and stroke risk. According to...
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Government tightening in the employment of guest workers – what will the new draft regulation bring?
In his statement 18 years ago, Viktor Orbán suggested that foreign diplomats pay attention not to what he says, but to what he does. The Ministry of National Economy (NGM)...
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The GHG emission values for grain and oil crop cultivation have been accepted
On October 1, 2024, as the fifth member state, the European Commission positively evaluated and accepted at a technical level the regional greenhouse gas (GHG) emission values from the cultivation...
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MBH Bank: the income of agriculture can increase by up to HUF 160 billion per year through investment applications
From 2026-2027, the agricultural industry’s income could increase by up to HUF 160 billion per year through the investments made in the framework of the rural development tenders that have...
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Eternal life or extinction? The shocking predictions of NatGeo’s American star at the Hungarian MVM Future Talks
This year, MVM’s Future Talks scientific informative series revolves around the possibilities of extending human life and the issues of transhumanism. The culmination of the series will be an online...
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Coconut Collab rolls out yogurt alternative to support menopause
The new “thick and creamy” Protein Yog is plant-based and available in Tesco stores and online from Ocado in the United Kingdom. This article is available for reading in Trade...
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The bird flu has also reached the county of Jász-Nagykun-Szolnok
After the county of Békés, the laboratory of the National Food Chain Safety Office (Nébih) also detected the presence of bird flu in the county of Jász-Nagykun-Szolnok. The elimination of...
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The proportion of young people who own their own car has jumped a lot
According to the latest K&H youth index, more and more young people drive or own their own cars. In the second quarter of this year, 38 percent of young people...
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The demand for private schools has increased significantly in our country
Due to the state of public education in Hungary (underfunding, shortage of teachers, outdated curricula, etc.), the demand for private institutions has increased significantly. In the period between 2020-2023, the...
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Getting to know good practices also helps producer organizations
The National Chamber of Agrarian Economy – with the cooperation of FruitVeB and other professional partners – organizes a conference related to producer organizations operating in the fruit and vegetable...
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Shortened season, less weekday spending to impact holiday sales
Holiday spending is expected to be mixed this year, and a number of factors are projected to impact the final sales numbers. That’s according to Boston Consulting Group’s (BCG) new...
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