Market News

Minimalizing food waste by LG

By storing your food well, you can make it last longer as well as maintaining the best taste and temperature. Find out how. Whether you’re a carnivore, pescatarian, vegetarian or...

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Too much wine is a problem too!

According to data from the National Council of Wine Communities, 392,000 tons of grapes was harvested in Hungary in 2018, from which 3.75 million hectolitres of wine was made –...

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Nielsen: Hungarian retail trade is second in Europe

Brexit insecurity continued to affect the retail sector across the continent, but retail sales in Europe increased by 3.4 percent in the second quarter of 2019 compared to the same...

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Growth in agricultural producer prices has slowed down

In July, the annual growth rate of agricultural producer prices declined to a single-digit level. Following a 10.5 percent rise in June, acquisition prices were 8.5 percent higher in July...

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The turnover of non-alcoholic radlers has exploded over the last five years

The turnover of non-alcoholic beers and radlers at HEINEKEN Hungária has increased significantly over the last five years. Heineken 0.0 Non-alcoholic Beer has doubled its turnover in one year, while...

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Feldman: the new support in the meat industry can bring a quality change

The beef bull-breeding support program in the meat sector could bring a qualitative turn by allowing more domestic meat to reach consumers – the Minister of the Ministry of Agriculture...

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NAK: average quantity but good quality plums this year

This year, about 60-70 thousand tons of plums were produced in Hungary, which corresponds to the average of recent years, but the quality of the fruit is very good this...

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The number of pig slaughterings has decreased

After a long timethe number of pig slaughterings in slaughterhouses again decreased in the first half of this year. This is partly due to strong demand for live animals in...

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Children are becoming more aware of nutrition

Children are now informed about nutrition through social media and influencers, but for more than three-quarters of the participants the parents’ opinion is the most important – according to a...

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The irrigation of the Trans-Tisza lands is also ensured by the renewal of the Eastern Main Canal

More than three billion HUF of EU funding has been used to renovate the tools of the Eastern Main Canal in the last three years, which will allow irrigation of...

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AM Minister of State: The Ministry has launched a strategy for gene conservation

This year, the implementation of the plans set out in the gene conservation strategy was started with the provision of a 12.3 billion HUF funding, the Minister of State of...

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That's why we are eating snacks at night

Researchers at BYU have shed new light on why you, your friends, neighbors and most everyone you know tend to snack at night: some areas of the brain don’t get...

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Counterfeiting accounts for more than 18,000 billion forints losses at EU level

According to the estimates of the European Union Intellectual Property Office (EUIPO), losses in counterfeiting and piracy in 11 economic sectors amount to 18,686 billion HUF per year at EU...

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Magazine: If you need a bit of élan…

Coca-Cola HBC Magyarország opines that sports drinks are one of the most dynamically developing categories in the soft drink market – in the retail sector sales soared by 43 percent...

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Nagy István: Food companies and wineries will receive about 70 billion HUF grants this year

Food companies and wineries will receive about 70 billion HUF support this year from the Rural Development Program (vp) – Nagy István, Minister of Agriculture said at a press conference...

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NMHH: product placements in commercial TVs increased by 15 percent in the first half of the year

RTL Klub and TV2 had 17,796 product placements in the first six months of the year, which is a 15 percent increase, compared to the same period of last year,...

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The Hungarian Food Bank Association delivered about 221 tons of food to the needy

The Hungarian Food Bank Association delivered about 221 tons, 790 thousand canned food to the disadvantaged families last year. In the process of food rescue, the role of food producers...

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NAK: rainy weather helps to sow rape, but made sunflower harvesting difficult

The rainy weather of the past few days has helped the sowing of winter rape, but it has made the harvesting of sunflower somewhat difficult – the National Department President...

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Students are very entrepreneurial

Four out of five university students would start their own businesses, most of them for self-realization – according to a survey by the Budapest Metropolitan University (METU). According to the...

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Paris and four other French cities banned the use of pesticides on their territory

In addition to five French cities, Paris, Lille, Nantes, Grenoble and Clermont-Ferrand announced simultaneously on Thursday that they will ban pesticides in their area, hoping to force parliament to change...

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China’s largest ancient distillery has been discovered

The ruins of China’s largest ancient distillery to date have been uncovered in Anhui province in the east of the country – the Xinhua State News Agency reported. The remains...

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Economic growth in the euro area and the EU slowed in the second quarter

Economic growth slowed in the European Union and the euro area in the second quarter. According to revised but not yet definitive data, Hungary achieved the highest economic growth in...

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Magazine: Simple mechanisms, useful prizes

As part of the ‘Most successful promotion of the year’ competition, Kantar-Hoffmann and Trade magazin do a consumer survey every year, getting 32 direct consumer feedbacks on the entries and...

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KSH: consumer prices rose by 3.1 percent in August

In August, consumer prices rose by an average of 3.1 percent year-on-year, down 0.1 percent from July – the Central Statistical Office (KSH) announced on Tuesday. The annual rate of...

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Equilor: the Hungarian economy is stable

The fundamentals of the Hungarian economy continue to be favorable, although GDP growth may slow down, but it will remain vigorous this year – according to the latest analysis of...

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V4: do not cut EU subsidies!

Representatives of the Parliamentary Committees for European Affairs of the Visegrád Countries called the 20 percent cut in EU funding for the next seven-year budget cycle unacceptable at their meeting...

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The work of veterinarians is also very important in the field of food safety

Veterinary medicine and food chain safety are already facing challenges that will require new ideas from veterinary students – Zsigó Róbert, Minister of State of the Ministry of Agriculture said...

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The tax and customs department seized fake perfumes and shoes

The finance officers of the National Tax and Customs Administration (NAV) seized 24 million HUF worth fake perfumes and 132 pairs of fake shoes on the M1 motorway – the...

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German exports increased

Contrary to expectations, the value of Germany’s exports did not fall but increased in July, with a stable third-quarter launch indicating that the largest economy in the euro area could...

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Global sales of smartphones continue to decline this year

Global sales of smartphones have fallen for the third consecutive year – according to the International Data Corporation (IDC) IT and telecommunications market research firm. According to IDC, 0.4 percent...

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