Market News
Japan is a prominent agricultural partner of our country
Minister István Nagy discussed the priorities of the Hungarian EU presidency, the reduction of food waste, and animal health issues. At the meeting, the minister drew attention to the fact...
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Loyalty site magyaranyero.hu is dedicated to customers looking for domestic products
was more than two years ago that Hungarian Product Nonprofit Kft. launched its loyalty site www.magyaranyero.hu. The website was created with the goal of having a platform through which manufacturers...
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New animal welfare grants worth HUF 42.5 billion
The government supports sustainable and efficient animal husbandry with all possible means, and therefore encourages the improvement of animal welfare with various subsidies. In recent days, the Ministry of Agriculture...
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Hungarians write the future of video content production: the RECnGO software company cooperates with the Chinese market-leading hardware manufacturer
RECnGO’s name is now known to almost everyone who is involved in the production of quality video materials, whether as a hobby or at a professional level: the Hungarian startup’s...
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The processing sales price of chicken breast decreased by 15 percent
Based on data from the KSH, Hungary’s poultry meat exports increased by 3 percent to 53,000 tons in the first three months of 2024 compared to the same period in...
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Lidl expands operations in Portugal and Croatia
Lidl Portugal has opened its 16th store in a revamped sports complex, the result of a partnership between the German retailer and historic Lisbon-based football club Os Belenenses. This article is...
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Nébih spends almost 1 billion forints on development and training at its experimental and breeding stations
The National Food Chain Safety Office (Nébih) is modernizing the infrastructure of its variety testing and breeding stations in Monorierdő, Pölöské, Székkutas and Tordas with a non-refundable grant of HUF...
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Nébih spends almost HUF 1 billion to develop its experimental and breeding stations
The National Food Chain Safety Office (Nébih) will modernize the infrastructure of its variety testing and breeding stations in Monorierdő, Pölöske, Székkutas and Tordas with a HUF 985 million non-refundable...
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The health of plants means the future of all of us
Plants provide one of the bases of food supply: without plant cultivation, there would be no food or fodder. If plants die, it affects the livelihood of farmers and producers,...
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FIABCI World Prix d’Excellence 2024: Hungarian real estate developments among the best in the world
With three gold and one silver medal, Hungarian real estate developments were once again among the best in the world at this year’s FIABCI World Prix d’Excellence International Real Estate...
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Alcampo, Eroski And Consum Ramp Up Store Openings in Spain
Several supermarket groups are ramping up store openings in Spain, despite a slowdown in the overall market. Retailers including Alcampo, Eroski and Consum aim to expand their reach and grab...
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Amazon AI initiative tackles defective products
Amazon is using artificial intelligence to scan items for defects before they are shipped. An Amazon AI model named “Project P.I.” (the P.I. stands for “private investigator”) uses a combination...
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The export of live pigs increased by 58 percent
According to KSH data, Hungary’s live pig exports increased by 58 percent (8.7 thousand tons) in January-March 2024 compared to the amount in January-March 2023. The main partners were Romania,...
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Hungary has been in the EU for 20 years: how has GDP per capita changed?
On May 1, 2004, ten new states joined the European Union, including Hungary. In our series of articles, we use one indicator to explore how the situation of our country...
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Innovations – more nuanced ways and preferences
With a record annual inflation rate of 17.6% measured by the Central Statistical Office (KSH), it is understandable that the appeal of private label (PL) products has continued to grow....
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Consumption increased by 3.4%
KSH confirmed that in the first quarter of this year, the performance of the economy increased by 0.8% compared to the previous quarter, according to adjusted data.Compared to the same...
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KSH: the food industry slowed down the industry’s decline the most
The volume of Hungary’s gross domestic product in the first quarter of 2024 exceeded the same period of the previous year by 1.1 percent according to raw data, and by...
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An opportunity out of compulsion: Hungarian e-retailers can win by crossing the border
The appearance of Temu caused a bigger market shock in domestic e-commerce than the coronavirus epidemic and the war in Ukraine. A thoughtful use of AI can stand out from...
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Countdown before the mandatory redemption system is fully activated
Manufacturers have less than a month, until June 30, 2024, to ignore the rules for products with a mandatory redemption fee and to market products that are otherwise subject to...
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The Evolving Landscape of Beverage Trends in 2024
As the beverage industry enters 2024, several emerging trends are shaping the future of how we drink. From culinary-inspired cocktails to the rise of low-alcohol options, the alcohol industry is...
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Traders are worried about the rising cost of container freight
The shutdown of the Red Sea shipping route has caused a dramatic increase in maritime transport rates due to conflicts involving Israel, Hamas, and Yemeni Houthi rebels. This disruption has...
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GeePower Manufacturing Kft. now produces most of its formerly subcontracted products in its own factory
“The value of domestic household chemical brands lies in that they are well-known and popular. Our mission is to further strengthen the brand loyalty of customers, so we continuously improve...
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Kerry Group opens new digital innovation hub
Kerry Group has unveiled a new digital innovation hub, which will enable the company to do global research, offer insights into consumer taste preferences, and acquire clinical trial data. Forming...
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It turned out what is most stressful for manual workers
In the lives of Hungarian physical workers, satisfaction and fear are present at the same time – states the representative research prepared at the request of Pannon-Work Zrt. The survey...
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Pig and chicken dominated the market
According to the latest report of the Institute of Agricultural Economics, in the first quarter of 2024, significant changes took place in Hungary’s livestock and meat processing sector. Based on...
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CBA is working for the success of its partners
In 2023 CBA continued its efforts to provide its franchise partners, who operate CBA and Príma stores, with as many tools as possible to be successful. This article is available...
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A key issue is the farmer’s variety choice in field crop production
In the last hundred years, Hungarian breed breeding has been one of the most important professional pillars of domestic agriculture. During the challenging period, the issue of varieties, the presence...
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Dr Oetker coy over plan to sell soy chunks brand in Romania
The frozen pizza maker wants to sell its soy pieces brand Inedit to a subsidiary of Austrian investment holding group Raiffeisen. German frozen pizza and baking goods manufacturer Dr Oetker...
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Lidl Unveils ‘Italy’s Greenest Supermarket’
Lidl Italia has opened what it describes as Italy’s most eco-friendly supermarket outlet. The new supermarket in Villafranca di Verona, which replaces the existing Lidl store at the same location,...
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New agricultural investment decisions worth HUF 10.8 billion were made
In the past few days, the Ministry of Agriculture made support decisions worth 10.84 billion forints in relation to 171 more requests in connection with the calls announced within the...
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