Market News
Egg prices increased
Although not outstandingly, but the price of eggs has risen in Hungary, and there has been an increase in the price of packaging as well, agrarszektor.hu wrote. However, in the...
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ITM checks the green rating of hair care products after face creams
On behalf of the Ministry of Innovation and Technology (ITM), the packaging of shampoos, conditioners, hair regenerations and hair dyes are chacked – ITM announced on Friday. There are more...
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IHS Markit’s eurozone economic growth slowed to a six-month low in October
Growth in the euro area private sector slowed sharply to a six-month low in October as a result of worsening supply bottlenecks and a further outbreak of the coronavirus pandemic,...
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Several companies are pushing for an agreement on fish farming in Britain
The UK’s largest seafood processor is threatening to stop sourcing fish from the north-east Atlantic if coastal states, including the UK and EU countries, fail to reach a proper agreement...
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Private labels: On a growth path during the pandemic too
Demand for private label (PL) products didn’t decrease during the pandemic: NielsenIQ reported that more than a quarter of shoppers had said they purchase more PL products than before (and...
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Magazine: Are hypermarkets only popular in the USA or we Europeans like them, too?
In Hungary the last few years were about discounters – Hungarian shoppers like it very much that they are smaller than hypermarkets, offer a growing selection of products and good...
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MA-HAL: there will be enough Hungarian fish at Christmas
Despite the difficulties of the sector, there will be enough Hungarian fish at Christmas, and in the autumn the carp orders of all fishing associations will be fulfilled, the president...
Read moreAM: pálinka represents world-class quality
Pálinka represents world-class quality in both its appearance and internal values, making it a worthy competitor to the noblest spirits over the decades, said the Secretary of State for Food...
Read moreMaize yields are significantly lower than the long-term average in Tolna
Maize yields are significantly below the long-term average in Tolna County due to the droughty weather, the county president of the National Chamber of Agriculture told MTI. Vendégh Edit said...
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A method based on biological control of mushroom cultivation was developed with the participation of SZTE
The method of mushroom cultivation based on biological control was developed by the experts of the University of Szeged (SZTE) and Új Champignons Kft. within the framework of a research...
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The IMF continues to expect euro area GDP growth to accelerate
The International Monetary Fund (IMF) has confirmed its October 12 forecast that economic growth in the eurozone will be higher than estimated on 6 April. According to the IMF’s European...
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SPAR comprehensively supports Hungarian products
At a press conference organised for promoting SPAR Magyarország’s Hungarian Product Month, managing director Gabriella Heiszler told: they don’t just popularise buying Hungarian on a campaign basis, as SPAR has...
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(HU) A Hybreeting új korszakot teremt a digitális konferenciák világában
Sorry, this entry is only available in HU....
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Magazine: The challenges of an omnichannel sales strategy in 2021
In the last year and a half the COVID-19 pandemic speeded up processes in retail trade that had already started earlier. The new shopping habits that formed during this process...
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The IMF has confirmed Hungary’s GDP growth and inflation forecast
Hungary could achieve the third highest economic growth in the European Union this year, according to the October revised report of the International Monetary Fund (IMF) presented on Wednesday. In...
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Nagy István: 7.46 billion for school milk, school fruit and school vegetables program this school year
The government will spend a total of 7.46 billion HUF on the school milk, school fruit and school vegetable program in the 2021-2022 school year, the Minister of Agriculture said...
Read moreA call for proposals to support the prevention of spring frost damage has been published
The Hungarian government’s committed goal is to strengthen the economy of rural areas within the framework of the “Renewable Countryside, Renewable Agriculture” (Megújuló vidék, megújuló agrárium) program. The purpose of...
Read moreThe number of corporate insolvency proceedings is increasing
In Hungary, corporate insolvency indicators improved dramatically between 2015 and 2020, with the number of proceedings falling by less than half, from 9,545 to 4,293 in five years, but this...
Read moreHungary has enough fodder maize
The Ministry of Agriculture (AM) is preparing a pre-export registration obligation for the basic crops required for animal feed, Nagy István, head of the ministry said. In a statement issued...
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Chamber of Agriculture: the sweet chestnut season begins
The sweet chestnut season begins, the National Chamber of Agriculture (NAK) told MTI on Wednesday. According to the information, the area of commodity chestnut plantations in Hungary is 249 hectares,...
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Inflation accelerated to a thirteen-year high in the euro area
Inflation in the euro area accelerated to a thirteen-year high in September due to rising energy prices. According to the final data released on Wednesday by the Statistical Office of...
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New rules in e-commerce
The European Union (EU) has introduced reforms to the value added tax (VAT) rules that will affect sellers that sell via online marketplaces, from 1 July 2021 the operators of...
Read moreCall for proposals to support investments in the prevention of frost damage in the spring
Hungary government is committed to strengthening the economy of rural areas under the Renewable Countryside, Renewable Agriculture programme. As the latest stage of the program, a call for proposals entitled...
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Hungarian innovators can apply for €2,000 in the food industry – EIT Food Challenge Labs launches
For the first time in Hungary, the EIT Food Challenge Labs will be held. The aim of the competition is to find innovative ideas for the current challenges of the...
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Coffee grounds extracted from used Nespresso capsules are recycled in the lavender fields of the Pannonhalmi Paternity
Nespresso has entered into a special alliance with the Pannonhalm High Priesthood: the premium coffee brand has developed a coffee-based growing medium from its used capsules recovered in Hungary, which...
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Magazine: Shopping from your sofa
Our company analysed the popularity of online shopping, using the Hungarian National Panel’s representative online survey – with 500 respondents. It turned out that 28 percent of Hungarians shop online...
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Minister of Agriculture: 21st century agriculture depends heavily on the development of technology
21st century agriculture, from production through processing to reaching consumers, depends to a large extent on the development of technologies and their practical application, Nagy István said in Lajosmizse on...
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Varga Mihály: the fourth wave does not pull down the economy
The 4th wave of the pandemic is expected to be weaker due to the high vaccination rate, so economic growth of around 7 percent and a deficit of around 7.5...
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A Hungarian company develops special poultry feed
The Dr. Bata Zrt. is working on the development of a unique feed additive, which would reduce or eliminate the use of antibiotics in poultry farming, thus making your herd...
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