Market News

New food industry grants on the horizon

In April the grant programme for the development of agricultural processing plants was submitted for public consultation and is expected to be published soon. Actually there will be two schemes...

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Hungarians are one of the most dedicated nations when it comes to soccer

47 percent of European football fans are willing to perform a series of rituals if it could help their favorite team win – according to a survey by Coca-Cola Zero...

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Farmers can get new information on the KAP website

The updated Frequently Asked Questions (FAQ) information form related to area- and animal-based direct subsidies, which will continue to expand in the future, has been expanded with current information for...

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In May, annual inflation in the Czech Republic decreased to 2.6 percent

In May, annual inflation in the Czech Republic decreased to 2.6 percent from 2.9 percent in April, the Czech Statistical Office announced on Tuesday in Prague. The decrease in inflation...

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Maize production may increase slightly at the EU level

In the May projection of the International Grains Council (IGC), the 2024/2025 indicates a global corn harvest of 1,220 million tons, which is 5 million tons less than last year....

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The test results of the sharp-strong pepper seeds are not spicy

Specialists of the National Food Chain Safety Office (Nébih) examined the seeds of hot peppers in the latest test of the Supermenta program. The product test ended with a satisfactory...

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Penny Opens Its First Autonomous Store In Romania

German discounter Penny has selected Romania to launch its first-ever autonomous store in the world, open 24/7. Located on Boulevard Iuliu Maniu 6R in the nation’s capital Bucharest, this innovative...

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More than HUF 300 million in support for the summer student work program in Békés county

This year, more than 1,500 full-time students and university students between the ages of 16 and 25 can undertake summer student work in July-August in Békés County; for the implementation...

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Aldi at the lead of Alber Schweitzer Foundation’s animal welfare ranking

The Albert Schweitzer Foundation has published an animal welfare ranking for food retailers. Aldi Süd, Aldi Nord and Tegut come out on top. Bringing up the rear are Edeka, Netto...

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Müller launches new Declan Rice campaign to promote rice protein

Müller is continuing its partnership with football star Declan Rice, launching a new wave of its ‘Rice, Rice Baby’ campaign to promote Müller Rice Protein and drive growth in the...

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The world’s largest industrial tomato processors are meeting in Budapest

The biggest players in the global industrial tomato processing and production sector have arrived in Budapest for the 15th World Congress and 17th Symposium of the World Industrial Tomato Council...

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Müller: German success story in Hungary too

Müller is present in 7 European countries with more than 900 drugstores. In Hungary Müller currently operates 33 stores and 18,000m² of warehouse space. The majority of the company’s products...

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Aldi UK goes local

Aldi in the UK is investing in British apple growers. The German discounter is the biggest buyer of British apples in terms of volume. Following similar moves by Lidl in...

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The export of frozen green peas increased by 20 percent in 2023

According to KSH data, green peas were harvested in Hungary in 2023, in a 6.9 percent larger area, 14 percent more (94 thousand tons) than in 2022. According to the...

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Amazon to launch online store in Ireland next year

Amazon has announced it will launch a new website in Ireland in 2025, in a bid to improve the retail experience for existing and new customers. The Irish website will...

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All the way up from here!

Most food categories could see the light at the end of the tunnel in the first quarter of 2024 – but not canned food. Negative global market trends had begun...

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KSH: in May, consumer prices increased by 4.0 percent on average compared to the same month of the previous year

In May 2024, consumer prices were on average 4.0 percent higher than a year earlier. Compared to April, prices fell by an average of 0.1 percent, vehicle fuel prices fell...

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Food couriers are in a difficult situation: both guest workers and domestic workers

On Thursday evening, the Hungarian Two-Tailed Dog Party held a round table discussion under the title “The Hunger Games – the situation of food couriers with an immigrant background”, which...

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Rice moves up a category

The first half of 2023 was about the momentum of the post-Covid boom, but the second half was about making consumers accept the price increases – in many cases this...

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Walmart launches new private label food range called “bettergoods”

US-based Walmart has launched a new private label food brand, under which the majority of products sold will be priced below USD 5. This article is available for reading in...

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Decade-long partnership with Hungarian wineries

Promoting Hungarian products and export increasing activities have always been important for Lidl Magyarország. The chain decided back in 2014 to give priority to popularising excellent Hungarian bottled wines as...

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The membership fee determination and payment period has begun at the Chamber of Agriculture

The period for establishing and paying membership fees for economic organizations, primary producers and individual entrepreneurs at the National Chamber of Agriculture (NAK) began on June 1st, the deadline for...

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Tesco launches marketplace to become one-stop shop online

Tesco has launched an online marketplace allowing customers the ability to shop thousands of third-party products when buying their groceries. The supermarket said the addition of a marketplace will make...

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Molson Coors takes Peroni Nastro Azzurro production in-house for US

Molson Coors is moving the production of its licenced Italian beer brand Peroni Nastro Azzurro to the US. The US brewer will start production of Peroni Nastro Azzurro in-house at...

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Amcor: packaging and recyclability also play a role upon coffee purchasing

A recent research conducted by Amcor reveals that European coffee consumers prioritise factors such as taste, aroma, brand, and price when selecting coffee. But, sustainability claims such as recyclability also...

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The test results illustrating the condition of Hungarian soils will soon be available to everyone

The results of the soil protection laboratory tests carried out in Hungary will soon be available to all interested parties. The data will greatly support research related to one of...

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Be careful when buying plants from abroad!

Did you like a plant during your holiday outside the European Union and would you like to take it home?Do not do it! We can bring not only a beautiful,...

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KSH: the production of food, beverages and tobacco products expanded compared to a year earlier

In April 2024, the volume of industrial production exceeded a year earlier by 6.4 percent, while adjusted for the working day effect it was 2.4 percent lower than a year...

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Nine out of ten Hungarians do not eat enough vegetables and fruits

Only 10% of us eat the amount of vegetables and fruit recommended by the World Health Organization, i.e. at least 5 servings of vegetables and fruit per day, according to...

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Edeka to build a recyclable supermarket

Edeka is building its latest store in Braunschweig using the sustainable “Triqbriq timber construction system”. This article is available for reading in Trade magazin 2024/6-7 This is the first time...

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