Market News
Applications for the development of small agricultural farms can be submitted from Wednesday
Date: 2025-03-04 10:30:41
The Ministry of Agriculture is committed to strengthening the smallest agricultural producers and businesses and preserving the viability of small farms, which is why we are announcing our tender for...
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The number of poultry and pig slaughters increased in 2024 84.8 thousand cattle were slaughtered
Date: 2025-03-04 10:00:51
In Hungarian slaughterhouses in 2024, 4.4 percent less than the previous year, and 4 million 782 thousand pigs were slaughtered, 6.5 percent more (+292 thousand) than in 2023. 237 million...
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Pricing carries a risk
Date: 2025-03-04 09:59:28
Last September the Court of Justice of the European Union (CJEU) ruled in a case that affects Hungarian pricing practices too. This article is available for reading in Trade magazin...
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Nestlé takes full ownership of Chinese confectioner Hsu Fu Chi
Date: 2025-03-04 09:42:00
Nestlé bought a 60% stake in Hsu Fu Chi, a well-known confectionery brand in China, in 2011. Nestlé has acquired the remaining 40% stake in Chinese confectionery business Hsu Fu...
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Hungarian-North Macedonian agricultural relations reach a new level
Date: 2025-03-04 09:30:16
The bilateral agricultural foreign trade balance increased by a record 60 percent last year, announced István Nagy, Minister of Agriculture, at the second Hungarian-North Macedonian government summit in Budapest. The...
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KSH: The foreign trade surplus in services was 2.7 billion euros in the fourth quarter
Date: 2025-03-04 09:13:41
In the fourth quarter of 2024, exports of services in euros increased by 0.4 percent, while imports decreased by 1.6 percent compared to the same period of the previous year....
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Consumer protection conducted an inspection at the Lehel Square market
Date: 2025-03-04 09:09:39
Consumer protection authorities conducted an inspection at the Lehel Square market: expired food and hygiene problems were found – the authority told MTI. According to the statement, employees of the...
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M&S INTRODUCING AI TOOL TO HELP CUSTOMERS CHOOSE THE PERFECT WINE
Date: 2025-03-04 09:07:57
UK retailer Marks & Spencer has introduced a new Wine Finder tool – an AI-powered solution designed to provide personalised wine recommendations based on individual preferences. Marks & Spencer has...
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TikTok Shop welcomes merchants in Germany, France, and Italy
Date: 2025-03-04 09:04:12
TikTok is boosting its European ecommerce operations. From now on, merchants can register to start selling through TikTok Shop in Germany, France, and Italy. Users of the social media platform...
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Egg prices rose by 20 percent in a year
Date: 2025-03-04 09:00:58
According to European Commission data, the packing house price of table eggs in the EU was 240 euros/100 kilograms in the first eight weeks of 2025, which was a 6.5...
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The pace of consumer price inflation in the euro area slowed in February
Date: 2025-03-04 08:14:39
Annual inflation in the euro zone fell slightly less than analysts had expected in February, according to preliminary data released by the European Union’s statistical office, Eurostat, on Monday. The...
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Almost a quarter of young people suffer from their family’s debt
Date: 2025-03-04 08:09:08
According to K&H Bank, not only adults but also children can be seriously affected if the family is struggling with financial problems. According to a British survey, nearly a quarter...
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Is it worth switching to sustainable packaging?
Date: 2025-03-03 12:35:32
Main packaging trends include easy-open solutions for the elderly, single-serve packaging for those who live alone and resealable designs. This article is available for reading in Trade magazin 2025/2-3. With...
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Fidelity: 2025 is not the year of artificial intelligence yet
Date: 2025-03-03 12:09:59
The latest Fidelity Analyst Survey finds that AI will have only a minimal impact on corporate profitability in 2025, and its full potential will be years away. But big tech...
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World index of food commodities: a small drop in January
Date: 2025-03-03 11:58:23
The UN Food and Agriculture Organization (FAO) has reported that the world market index for food commodities was down in January, averaging 124.9 points over the month and dropping 1.6%...
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POS trends 2025: immersive, hyper-personalised and secure
Date: 2025-03-03 11:52:19
According to research by AtData, sustainability and ethical operation have become a basic expectation by 2025, while various technological innovations are also gaining ground. This article is available for reading...
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GKI: Wage increase plans of domestic businesses
Date: 2025-03-03 11:32:42
In its latest February survey, GKI Economic Research Ltd. asked companies with more than 5 employees about their intentions to raise wages in 2025, among other things. The questionnaire was...
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Hungarian-developed technology can help mushroom cultivation
Date: 2025-03-03 11:00:09
A Hungarian-developed technology can produce mulch with excellent water retention capacity for mushroom cultivation – the University of Szeged told MTI. The university and the consortium of Új Champignons Kft....
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78 percent of domestic companies will raise their employees’ wages in the first half of this year
Date: 2025-03-03 10:56:03
78 percent of employers planned to increase wages by the first half of 2025, but 31 percent only planned to increase salaries by less than 5 percent. However, two-thirds of...
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It affects at least 1.4 million people in Hungary, and we don’t even have a word for it
Date: 2025-03-03 10:43:07
Hungarian society is aging and is not prepared for this process. The proportion of people over 50 already exceeds 40 percent, but most of them do not know how to...
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European farmers must be protected
Date: 2025-03-03 10:30:53
European farmers, the daily bread of European citizens, must be protected – the Minister of Agriculture emphasized on Monday on the M1 current affairs channel. According to István Nagy, this...
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AM: Veterinary science training is key
Date: 2025-03-03 10:00:46
Well-trained veterinarians have a key role in epidemic prevention and treatment, in livestock protection and in food chain safety – István Nagy said in his welcoming speech at the graduation...
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Unilever Faces Battle To Reduce Plant-Based Meat Exposure
Date: 2025-03-03 09:57:52
Unilever may struggle to attract buyers for its plant-based meat business, complicating the company’s plan to cut its exposure to products which are falling out of favour with consumers, industry...
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Steffi Graf and Andre Agassi could be the new faces of Lidl
Date: 2025-03-03 09:52:49
Lidl is set to strengthen its sports own brand Crivit with the addition of a world-famous athlete duo. German-American tennis icons Steffi Graf and Andre Agassi could be the newest...
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A new solution for the recycling of mushroom compost has been developed with the participation of SZTE
Date: 2025-03-03 09:45:40
A new solution for the recycling of mushroom compost has been developed by the University of Szeged (SZTE) and Új Champignons Kft., with the support of the National Research Development...
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March 4th is World Obesity Day
Date: 2025-03-03 09:36:47
Obesity, now recognized as a chronic disease, is proven to be associated with the development of nearly 200 complications, and comorbidities often appear even before the excess weight is considered...
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All affected purchasers must now work with new, producer-friendly contracts
Date: 2025-03-03 09:30:01
Since July 1, 2024, mandatory elements of contracts between producers and companies purchasing products and live animals from them in the fruit and vegetable, pork and poultry sectors include provisions...
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Ocado: Social media drives up demand for high-protein foods
Date: 2025-03-03 09:22:42
Demand for high-protein food is soaring, fuelled by social media trends and a shift away from ultra-processed foods, according to new data from Ocado Retail. The online supermarket found that...
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New insecticide sprayer approved for drone application in Hungary
Date: 2025-03-03 09:15:29
A new insecticide can be applied in Hungary by unmanned aerial vehicle, as the Coragen 20 SC insecticide sprayer has been approved for field use in corn, sweet corn and...
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Hungarian consortium working on new viral therapy innovation against swine flu
Date: 2025-03-03 09:00:59
A Hungarian consortium is working on a new viral therapy innovation against swine flu, which could save pig farmers from significant losses, one of the consortium members, Kéleshús Sertéstenyésztő és...
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