Market News
MDOSZ: The SMART PLATE® for children is ready
The National Association of Hungarian Dietitians (MDOSZ) has issued a new nutritional recommendation, this time for the 4-6 year olds. After adults and school children, kindergarteners have now also received...
Read more
Target teams with Shopify to expand its marketplace
A selection of Shopify merchants, like True Classic, will join the mass merchant’s digital marketplace, with some available in stores in coming months. To build out its third-party marketplace, Target...
Read more
Is orange wine the ‘drink of the summer’?
An explosion of posts on TikTok has shown a profound appetite for orange wine with some dubbing it the ‘drink of the summer’. It looks as though Generation Z and...
Read more
Danone CEO touts new strategy, focuses on science-based health mission
With the food industry at a “tipping point,” Danone SA will be leaning more toward science and innovation, operational discipline and proactive portfolio management in the 2025-28 period. As a...
Read more
Weird rules now apply to e-cigarettes
As of July 1st, new legislation came into effect in Australia, which significantly changes the distribution and purchase of disposable electronic cigarettes (vapes). According to the new rules, these products...
Read more
DRS: a new era is really starting now
From July 1, 2024, a new era will begin in Hungary in terms of the beverage packaging redemption system. From this date, all newly introduced beverage packaging that is covered...
Read more
More and more thoughtful AI developments are taking place
Az innovációban élenjáró és a digitális átállást kiemelten kezelő cégeknél terjed leginkább a mesterséges intelligencia alkalmazása – derül ki a K&H innovációs index kutatás 2024 első félévi adataiból. Az AI...
Read more
KSH: the number of guest nights increased by 13 and the number of guests by 18 percent in May compared to a year earlier
In May 2024, 1.6 million guests spent 3.7 million guest nights at tourist (commercial, private and other) accommodations. The number of guests was 18, and the number of guest nights...
Read more
The most important agricultural foreign trade partner is Germany
The value of exports of agricultural and food industry products was 3,570 million euros, and the value of imports was 2,428 million euros in the first quarter of 2024, the...
Read more
Community built around production?
Community Supported Agriculture (CSA) is an increasingly popular sustainability concept. This article is available for reading in Trade magazin 2024/6-7 The model is basically that consumers pay for produce upfront,...
Read more
GVH: the online Price Monitor will be one year old on Monday
On July 1, it will be one year since the online price monitoring system operated by the Economic Competition Authority (GVH) went live, the platform was created by the competition...
Read more
Profession.hu: Four out of ten employees expect the home office rules to change
At the national level, three-quarters of Hungarian employees support the home office, regardless of whether it is feasible at all in terms of their own work. However, the possibility of...
Read more
KSH: Sales prices in the food industry were 5.1 percent lower than a year ago
In May 2024, industrial producer prices were on average 0.2 percent lower compared to a year earlier. Domestic sales prices decreased by 3.9 percent, export sales increased by 1.7 percent....
Read more
We can expect a long apricot season
Apricot growers can expect an excellent harvest, double last year’s, and a long season this year, the Minister of Agriculture announced on his social media page. István Nagy emphasized that...
Read more
Swedish start-up to fortify plant-based meats with easy-to-absorb iron
A Swedish start-up has been granted EUR 1m in funding to develop plant-based proteins that help the body to easily absorb iron. This article is available for reading in Trade...
Read more
AKI: seasonal fruits are cheaper compared to last year
Seasonal fruits are cheaper compared to last year, most of the vegetables did not become more expensive based on wholesale market prices – read the latest report of the Agricultural...
Read more
Results and experiences of the first year of the Agro-ecological Program
Following the 2023 applications of the new green area-based subsidy, the Agro-ecological Program (AÖP), nearly 51,000 producers received a total of HUF 92.5 billion in payments for approximately 3.6 million...
Read more
Just Eat Takeaway expands free delivery for Amazon Prime members to Europe
Just Eat Takeaway is expanding its partnership with Amazon to Europe. Austrian, German and Spanish members of Amazon Prime can now have their ordered meals delivered for free. In the...
Read more
NGM State Secretary: the machine industry plays a decisive role in industrial development
The development of the machine industry is essential for Hungary to be at the forefront of European industry by 2030 – said the State Secretary responsible for industrial policy and...
Read more
Mondelez to invest in Pakistan production
Two manufacturing plants in Baluchistan are set to receive the funding. Mondelez International is set to invest around $5m in its Pakistan operations in an effort to increase localised production...
Read more
More scholarship students completed their agricultural studies in Hungary
The students of the scholarship program jointly supported by Hungary and the Food and Agriculture Organization of the United Nations (FAO) were bid farewell. This year, the students graduated from food...
Read more
REWE Invests €250m In New Distribution Centre In Magdeburg
REWE Group has inaugurated a new distribution centre at its Magdeburg Rothensee industrial and logistics centre, three years after construction commenced at the site. The German retailer has invested around...
Read more
Sándor Czomba: in May 2024, the number of employed people increased by 36 thousand and the activity continued to expand
Employment and the number of economically active people increased in parallel compared to the same period of the previous year, while the number of registered jobseekers is still at a...
Read more
AKI: seasonal fruits are cheaper compared to last year
Seasonal fruits are cheaper compared to last year, most of the vegetables did not become more expensive based on wholesale market prices – read the latest report of the Agricultural...
Read more
The economic mood deteriorated in the EU and the euro area in June, and Hungary improved
The economic sentiment index deteriorated in the euro area and the European Union in June, while it improved in Hungary, according to a survey presented on Thursday by the European...
Read more
The number of convenience stores in Hungary is decreasing
The trend of recent years leaves no doubt: the number of Hungarian retail stores is constantly decreasing. According to the latest data from the Central Statistical Office (KSH), in June...
Read more
Hybrid working is not good for the office market
The effects of the pandemic can still be felt in the American office market years after the global health crisis. According to Moody’s latest report, it is expected that by...
Read more
Nébih relies on the public’s opinion in the soil protection questionnaire
The soil protection effort of the National Food Chain Safety Office (Nébih) is to present the population with the diversity of our country’s soils, soil cultivation and nutrient management habits,...
Read more
PwC: workplace changes encourage employees to develop their skills in the long term
Globally, almost half of employees (45 percent) feel that their workload has increased significantly in the past year, and two-thirds of them feel insecure due to the acceleration of changes...
Read more
Plant-based food sales fall to USD 8.1bn in the United States
Only 15% of US households bought plant-based products in 2023, 19% less than in 2022. This article is available for reading in Trade magazin 2024/6-7 Sales of plant-based meats and...
Read more
