Market News
The Minister of Agriculture urges European cooperation for beekeepers
Due to environmental challenges and the emergence of Asian competitors, the Minister of Agriculture called for cooperation at EU level for beekeepers in Budapest. At the event organized by the...
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The Czech, Polish, Hungarian and Slovak Chamber of Agriculture jointly address a number of issues
Strong EU regulation is needed to reduce the risk of African swine fever; there is a need for increased controls on cereal imports from Ukraine, and the management of the...
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283 tons of durable food will help the needy as part of the Food Bank Christmas Fundraising Campaign
During the weekend action in more than 200 locations across 120 municipalities around the country, the Hungarian Food Bank Association collected about 283 tons of durable food with the help...
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Nébih: a bakery in Csepel was closed
A bakery had to be closed for the second time in early November, due to serious deficiencies – – the National Food Chain Safety Authority (Nébih) told MTI on Tuesday....
Read moreThe new cargo handling center of the Budapest Airport was inaugurated
Cargo City, the new cargo handling center of the Budapest Liszt Ferenc International Airport was inaugurated on Thursday. At the opening ceremony, Magyar Levente the Parliamentary Minister of State of...
Read moreExports and consumption driven the German economy in the third quarter
Contrary to gloomy forecasts, the German economy expanded in the third quarter. According to the second estimate released by the Federal Bureau of Statistics (Destatis) on Friday, recession was avoided...
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FAO: Empowering farmers through innovation is key for sustainable development
It is fundamental to support smallholder and family farmers by enhancing their access to innovation for sustainable food systems and to foster sustainable development, FAO Director-General Qu Dongyu said today....
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Magazine: So many good things
The praline category continues its good performance, with sales growing about the confectionery market’s average. We learned from Orsolya Elek, brand manager of Storck Hungária that value sales had...
Read moreThe price of winter salami increased significantly
In a single week, a big price increase was recorded in the domestic stores in case of winter salami – mfor.hu wrote after the Market Price Information System of the...
Read moreNagy István: beekeepers will receive 25 percent more support from 2020
As part of the national apiculture program, beekeepers will receive 25 percent more funding from 2020 – Nagy István Minister of Agriculture said in Gödöllő on Sunday. At the 11th...
Read moreAM Minister of State: agricultural productivity and profitability need to be increased
The performance of Hungarian agriculture has increased significantly in recent years, but there is still a significant lag in productivity and profitability – the Parliamentary Minister of State of the...
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A business is making steaks without meat using a 3D printer
An Israeli startup that produces food using 3D printing technology promises the same quality, or even indistinguishable, plant-based meat steak – origo wrote after Bloomberg. Redefine Meat founders were motivated...
Read moreBiometric fingerprint reader on credit cards
Swiss-based payment technology firm Cornèrcard, Gemalto and Visa have developed a credit card that already has a biometric fingerprint reader – origo wrote. As stated on Cornèrcard’s official website, “With...
Read moreBusiness sentiment in Germany improved slightly in November
As expected, business sentiment in Germany improved moderately in November, according to a survey conducted by the University of Munich’s Ifo Economic Research Institute. Ifo’s November business sentiment index increased...
Read moreRecord growth in European smartphone sales in the tirrd quarter
The European smartphone market achieved the highest 8 percent third-quarter sales growth in its history – according to a survey by market research firm Canalys. With its eight percent growth,...
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Magazine: What an experience!
Mastercard has prepared a customer experience study in connection with the Retailer of the Year 2019 award. The company wanted to find out what Hungarian retailers can do to win...
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New markets may open up for Hungarian poultry, according to the head of the product board
New markets may open up for Hungarian chicken and turkey farmers in Europe, so the sector needs to be developed from EU and state sources – the President and CEO...
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Consume fish during the Advent period
A marketing campaign to promote fish consumption awaits the visitors to the Advent Feast at the Basilica at St Stephen’s Square in December. The marketing campaign offers visual cuisine, recipes,...
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Soil prices continued to increase last year
Agricultural and forestry land prices increased by 11 percent last year, land rents increased by 6.5 percent. Farmland sales totaled 72,000 hectares, nearly the same as last year. Last year,...
Read moreThis year, love boxes are being collected in Nagykanizsa
Like in the past three years, this year, schools, companies, institutions and churches are organizing love boxes for children in need in Nagykanizsa, and organizers are expecting three to four...
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The United States is the best for female entrepreneurs
The United States slightly overtook last year’s top-ranked New Zealand in Mastercard’s 2019 lineup, which ranked what is the best country for female entrepreneur in the world – origo wrote...
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Growth in the private sector in the euro area almost stopped in November
Growth in the private sector in the euro area came to a complete halt in November as the dominant service sector expanded much less than expected, and the manufacturing industry...
Read moreConsumer sentiment has improved in the United States
Consumer sentiment in the United States improved in November, according to a routine monthly survey by the University of Michigan, indicating that despite increasing uncertainty, consumers are optimistic and continue...
Read moreOECD: global economy is slowing faster than expected this year
The Paris-based Organization for Economic Co-operation and Development (OECD) has worsened its forecast for global economic growth this year. According to the OECD’s biannual forecast, this year’s global economic growth...
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Vietnamese entrepreneur owns the most expensive whiskey collection in the world
Rare Whiskey 101 (RW101) estimates that the whiskey collection owned by Viet Nguyen Dinh Tuan is worth 10.8 million pounds, or nearly 4.2 billion HUF. The Vietnamese businessman has a...
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Bonduelle: new recommendations say plant-based food is the way forward
The new dietary recommendations of France, Canada and the international EAT-Lancet project are unanimous: eating more plant-based food benefits our health and that of our planet. Will 2019 be a...
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Magazine: The changing face of retail
Trafik.hu coordinates the purchasing and sales work of 100 National Tobacco Shops. Data from the company reveals that these units are playing an ever-bigger role in Hungary’s FMCG retail. According...
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