Market News
Cocoa, coffee and tea prices raise global food import bill for richer countries
The global food import bill is expected to increase by 2.2% year-on-year to more than $2 trillion in 2024, driven by higher prices for cocoa, coffee and tea, and higher...
Read more
Hungarians use artificial intelligence for work less often than the international average
Hungarian employees use artificial intelligence for work or private purposes less often than the global average. Most often, they rely on software based on this technology for fact-finding, translation and...
Read more
Miklós Nagy: “The EPR system is moving too fast”
Our magazine interviewed Miklós Nagy, technical secretary of the National Association of Packaging and Materials Handling (CSAOSZ). This article is available for reading in Trade magazin 2024/11 – How is...
Read more
GVH helps ensure that no one gets unpleasant surprises during Black Friday
Black Friday is already in full swing, stores and webshops are announcing their best deals every day. In order to avoid unpleasant surprises for consumers, the Economic Competition Office (GVH)...
Read more
New, innovative dog food in the range of INTERSPAR hypermarkets
SPAR Hungary is constantly expanding its range of products and looking for novelties that will raise the wide range of stores to an even higher level. The innovative PetChef dog...
Read more
The everyday life of the Peter Cerny Foundation Ambulance Service for premature babies
An average of 150,000 kilometers traveled annually to save the lives of the smallest, special medical equipment and an ambulance tailored to the unique needs of rescuing babies. The Peter...
Read more
Pessimistic retail sector, with expansion intentions
Tibor Bodor, the head of K&H Bank’s corporate division gave a presentation at this year’s Business Days conference, titled “When and what may trigger growth in the FMCG sector?” A...
Read more
Lidl’s private labels have a big influence on the Portuguese economy
Lidl Portugal’s private label products contributed nearly EUR 1bn to the country’s economy in 2023, according to a recent study by consultancy firm Forvis Mazars. This amount represents almost one...
Read more
PwC Hungary assessed labor market preferences for the eighth time and presented the Most Attractive Workplace of the Year awards
In addition to the basic salary, respect for privacy and a good atmosphere and a supportive environment are important when choosing a job, according to PwC’s eighth Labor Market Preference...
Read more
AM: this year’s harvest and sowing have come to an end
This year, the autumn harvesting and sowing work was completed, the soil was sufficiently moist for autumn sowing, and in the more or less sunny weather, it was possible to...
Read more
K&H won two prizes at the CSR Hungary competition
K&H Bank received two new professional awards at the Hungarian Business Responsibility Award (CSR Hungary Award 2024): one in the Best environmental responsibility category, with the “K&H green car financing...
Read more
Bird flu has also reached the county of Somogy
This time, the laboratory of the National Food Chain Safety Office (Nébih) detected the presence of the highly pathogenic bird flu virus in Somogy county. In addition, the disease was...
Read more
From the end of November, grape growers can apply for participation in the AKG
Participation in the new Agricultural Environmental Management Support Program (AKG) is an excellent opportunity for grape growers – said Zsolt Feldman, the Secretary of State for Agriculture and Rural Development...
Read more
Polish Deputy Prime Minister: the EU-Mercosur cooperation agreement threatens Polish agriculture
The cooperation agreement to be concluded between the European Union and the member states of the South American Mercosur free trade zone threatens Polish agriculture – warned on Thursday Wladyslaw...
Read more
Quality inspection practices for corn purchases are being reviewed
The Ministry of Agriculture is reviewing the quality inspection practices for corn purchases. Instead of creating unnecessary tension, self-restraint and compliance with the rules are needed in the corn market,...
Read more
McDonald’s USA, Syngenta and Lopez Foods Collaborate to Help Produce Beef More Sustainably in the US
Syngenta, McDonald’s and Lopez Foods announce collaboration aimed at helping to reduce certain environmental impacts during beef production. McDonald’s USA, one of the largest fast food restaurant chains, Lopez Foods,...
Read more
AM: the domestic seed sector is a national strategic issue
The domestic seed sector is a national strategic issue. High-quality domestic seeds and propagating materials fundamentally contribute to the long-term sustainability of domestic agricultural production – said Sándor Farkas, the...
Read more
Lidl Parent Schwarz Group Partners With Google For Advanced Cybersecurity
Lidl and Kaufland parent Schwarz Group has announced a long-term partnership with Google to offer advanced cybersecurity solutions for its companies in Germany and Europe. The partnership will see the...
Read more
LG presented laundry solutions equipped with artificial intelligence
LG Electronics (LG) presented its PROFESSIONAL LAUNDRY product line at the Texcare international trade show for laundry and textile care held in Frankfurt. The new product line, which prioritizes energy...
Read more
Applications for organic farming support can be submitted soon
Producers who choose organic farming will receive greater benefits than ever before. A new program will be launched to support them within the framework of the Common Agricultural Policy Strategic...
Read more
Protection against bird flu is ongoing
Bird flu is already present in nine counties in our country, said Minister of Agriculture István Nagy. He added that due to the spread of the epidemic, the national chief...
Read more
The Christmas onslaught on the toy market is starting
The busiest period of the domestic game market begins: half of the annual turnover is realized in the weeks before Christmas. The rise of digitization is clearly demonstrated by the...
Read more
The future of multi-use packaging – what should the commercial sector prepare for?
On April 24, 2024, the European Parliament issued a legislative resolution on the PPWR regulation (Packaging and Packaging Waste Regulation – Hungarian version here) on packaging and packaging waste, which...
Read more
Hungarian Black Friday is 10 years old – from bargain hunting to conscious shopping
Black Friday in Hungary has changed a lot in 10 years: while initially it was characterized by huge sales and impulse purchases, today more conscious, planned shopping takes place. Instead...
Read more
In the way of carbon awareness: SPAR compensates for its events by planting hundreds of indigenous fruit trees
This year, SPAR Hungary’s practice of striving for environmental awareness in corporate events continued: the store chain already organized two carbon-conscious events in 2024. SPAR compensates the carbon dioxide emissions...
Read more
Lucky Safe prize game – a community activity from Hungarian Product Nonprofit Kft.
For the 14th time, Hungarian Product Nonprofit Kft. has launched its popular Lucky Safe prize game, with a grand prize up to HUF 1m. This article is available for reading...
Read more
77,000 HUF: this is how much Hungarians plan to spend on Christmas presents this year
We prefer to meet our loved ones in person at Christmas, but we buy gifts more and more often online, for which we plan to spend about HUF six thousand...
Read more
The anteroom of diabetes: obesity triples the risk of developing diabetes
While deaths related to diabetes and its complications are constantly increasing worldwide, type 2 diabetes and its precursors already affect approximately 1.5 million people in Hungary. Lifestyle factors and everyday...
Read more
PPAs are veryimportant in ESG
Long-term energy purchase contracts, or PPAs, play an increasingly important role in companies’ sustainability and energy strategies, especially in the field of green transformation. However, in order for a company...
Read more
This year’s harvest and sowing have come to an end
This year’s autumn harvest and sowing work has been completed, the soil was sufficiently moist for autumn sowing, and in the more or less sunny weather, autumn agricultural work could...
Read more
