Market News
Applications for the development of small agricultural farms can be submitted from Wednesday
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
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
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
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
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
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
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
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
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
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
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
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?
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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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