Market News
New working groups at the National Food Tracking Platform
In October the Ministry of Agriculture and GS1 Magyarország Nonprofit Zrt. organised this year’s opening conference of the National Food Tracking Platform, where two new working groups were launched: one...
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The professional organizations prepared a strategy for the development of the poultry sector between 2020 and 2025
The professional organizations prepared a strategy for the development of the poultry sector between 2020 and 2025, and the plan was presented to Világgazdaságnak by Minister of Agriculture Nagy István....
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283 tons of long shelf life food for people in need
Between 22 and 24 November the Hungarian Food Bank Association’s 5,400 volunteers collected 283 tons of long shelf life food at 200 locations – Aldi, Auchan, Metro and Tesco stores...
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AM: the position of the dairy sector is stable
The situation in the dairy sector is stable, there is no surplus on the international dairy market, and the six-month average price of milk is also very high – Bognár...
Read moreEuropean beekeeping is in crisis
European beekeeping is in crisis, so the European Commission must investigate the reasons for the decline in bee colonies and make a proposals to treat the crisis – Nagy István,...
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Honey consumption is promoted with honey breakfast in over 1000 schools and kindergartens nationwide
More than 1000 schools and kindergartens have joined the European Honey Breakfast program launched by the Ministry of Agriculture, the National Hungarian Beekeeping Association (OMME), the Agricultural Marketing Center and...
Read moreGenerational change entails many tasks In agriculture
Thirty years later, agriculture has come to generational change, giving many young farmers and legislators a lot of responsibilities, as the Minister of Agriculture said in his presentation at the...
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Amazon 2019: Going strong in the USA
Those who visit the USA just occasionally might get the impression that Amazon has conquered the country, e.g. there are Whole Foods stores, Alexa-operated Echoes, PrimeVideo subscriptions, etc. AmazonGo is...
Read moreConsumer Protection Association: Hungarian consumers are buying consciously
Hungarian consumers are spending their money consciously – Baranovszky György, executive chairman of the National Association of Consumer Protection Associations. The CEO said that the increase in conscious shopping was...
Read moreNagy István: 21st Century Developments in the Tokaj Wine Region
The Tokaj Wine Region entered the twenty-first century with a series of investments made between 2016 and 2019 by local government participants with 8.2 billion HUF domestic funding – the...
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GfK: concerns raising about plastic waste in Europe
More than 53 percent of the European consumers consider plastic waste to be one of the biggest global environmental challenges and 44 percent believe it is climate change. When asked...
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Cybercriminals are attacking companies from unexpected directions
According to a global survey by HFS Research and EY 300, companies see the biggest security threat in entering foreign markets (73 percent) and introducing new technologies (66 percent). For...
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Euro area inflation is at its lowest for three years
Euro area inflation fell to a three-year low in October, according to a statement released on Friday by the European Union’s statistical office, Eurostat. In the 19 euro area countries,...
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European Commission: The EU is taking action against customs duties on frozen French fries in Colombia
The European Union classifies it as an illegal anti-dumping measure and initiates dispute settlement proceedings against Colombia at the World Trade Organization (WTO) over customs duties on frozen French fries...
Read moreEurope’s Day in Commerce: Hungarian retail trade is more and more successful
The National Association of Entrepreneurs and Employers (VOSZ) organised a programme to celebrate Europe’s Day in Commerce for the 15th time. With this event the objective is to put retail...
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Digital ecosystem
On 28 November Heineken was the host of the last POPAI meeting in 2019. Sales director Zoltán Eszéki welcomed participants and gave the floor to the host of the event,...
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20 forecasts for 2020
S marketing agency Acosta, which specialises in the FMCG market, published a 20-point retail forecast on 5 December. Predictions include increased demand for pet food, acceleration in the integration of...
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Most organic farms produce grass
As the result of the ecological tender announced in 2015, the size of the organic farms increased by 48 percent in a single year – agrarszektor.hu wrote. Nevertheless, the proportion...
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Saying thank you the Shop! way
For the first time this year international Marketing at Retail organisation Shop! expressed its gratitude to members by sending an e-card. POPAI Hungary Association also said thank you to the...
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The state still spends the most on the Hungarian media market
Last year, there was no significant difference in the domestic advertising sector, compared to the previous years. Expenditure on state organizations continues to provide the basis for the growth of...
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Allee Shopping Center will be renovated from more than 5.5 billion HUF in 2020
The Allee shopping center in Buda will be renovated from more than 5.5 billion HUF. The construction will begin in the second quarter of 2020 and is expected to be...
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The basic ecosystem map of Hungary has been completed
The basic map of Hungary’s ecosystem has been completed: the newly born GIS database can be used to examine in detail what kind of habitat each species needs. The completed...
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Law and self-regulation – deepening cooperation
The acceptance of self-regulation by law is already well on its way. As a further step, the ÖRT will offer a special prize for the best scientific student dissertation in...
Read moreDomestic Lean & Green Collaboration For Zero Emission
On 14 November 2019, the GS1 Magyarország Nonprofit Zrt., the Hungarian Logistics Purchase and Inventory Society (MLBKT) and the Hungarian Embassy of the Kingdom of the Netherlands signed a Cooperation...
Read moreMoody’s: there will be no global recession, but the escalation of trade wars is a big risk
The global economy is not expected to sink into recession in the next two years, but the biggest global growth risk remains the escalation of trade wars – according to...
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Magazine: Meeting at Bonafarm
Krisztián Király, business development manager of Pick Szeged Zrt. was the host of the POPAI meeting held on 10 October. Anna Zsapka, Pick Szeged Zrt.’s brand and digital marketing manager...
Read moreKSH: economy continues to boost
Gross domestic product (GDP) grew by 5.0 percent in the third quarter, according to the raw data, and 4.8 percent in the third quarter compared to the same period last...
Read moreAM: this year’s corn crop is almost eight million tons
Corn yielded totaled at 7.8 to 7.9 million tonnes per hectare from 982,000 hectares this year – the Ministry of Agriculture told MTI on Thursday. This year’s corn yield was...
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Hungarians spend billions on games and toys for Christmas, according to a survey
Regio Játék estimates that the annual Hungarian gaming market turnover could reach 50 billion forints, almost half of which will be realized in the month and a half before Christmas,...
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HNT another five years of trust
The National Council of Mountain Communities (HNT) delegation voted in confidence for Dr. Brazsil Dávid for another five years in the election of Secretary General. “My goal is not to...
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