Market News
Danone lines up yogurt facility expansion amid “explosive growth” in US
The Activia brand owner has made a “multi-million dollar investment” in the Minster site in Ohio. Danone has revealed plans to expand its Minster yogurt factory in Ohio, which...
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The impact of stress factors on plant growth and health is being investigated at SZTE
Gábor Feigl, assistant professor at the Department of Plant Biology at the University of Szeged (SZTE), and his colleagues are investigating the impact of human-caused pollution causing plant stress on...
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Denmark plans to scrap taxes on coffee, confectionery
The complete removal of taxes on coffee and confectionery is planned to come into effect in 2027. Denmark plans to abolish taxes on coffee and confectionery in a phased move...
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One in four people worldwide still lacks access to safe drinking water
One in four people worldwide still lacks access to safe drinking water, the United Nations warned in a report released on Tuesday to mark World Water Week. The document, published...
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National vocational training school year opening in Miskolc
In Miskolc, the Szemere Bertalan Technical School, Vocational School and Dormitory hosted this year’s National Vocational Training School Opening, where participants reported on the status and developments of vocational training....
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Innovation, cooperation and tender resources strengthen the competitiveness of horticulture
Innovation, cooperation and maximum use of tender opportunities can maintain and strengthen the competitiveness of the horticulture sector, including pepper production, in the future – stated the State Secretary for...
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Policy issues at Farmer Expo
The sheep sector has the greatest future in agriculture – stated István Nagy, Minister of Agriculture at the 34th Farmer Expo International Agricultural and Food Industry Exhibition. According to the...
Read moreAldi Suisse Sets New Sugar Reduction Targets
Aldi Suisse has reaffirmed its commitment to reducing sugar in its products by renewing the so called ‘Milan Declaration’, alongside 20 other Swiss food companies. This voluntary commitment, which has...
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Hubai Imre: 67 billion forints available for the development of sustainable water management
67 billion forints are available for the support of sustainable water management, 80 percent of which is financed by the Hungarian government and 20 percent by the European Union –...
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Katalin Neubauer: margin stop and mall stop do not serve the interests of retail
The government has extended the margin cap and tightened the plaza stop rules, while the Jobbik party wants to initiate a referendum to make December 24 a public holiday. InfoRádió...
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The GKI business climate index reached a four-month high in August
According to a survey conducted by GKI Economic Research Co. – with the support of the EU – in August both consumers and the business sector expressed more optimistic expectations...
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The government is committed to supporting domestic processing plants
New support decisions have been made in the food industry: 114 investments will receive almost 200 billion forints in funding through a tender aimed at the complex development of processing...
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KSH: the gross average salary was 704,400 forints in June, 9.7 percent higher than a year earlier
In June 2025, the average gross salary of full-time employees was 704,400 forints, and the average net salary was 484,200 forints. The average gross salary was 9.7 percent, the average...
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Generation Z is teaching their older colleagues how to use artificial intelligence
New global research from the International Workplace Group (IWG), the world’s leading workplace provider, shows that Gen Z workers are playing a key role in the adoption of AI in...
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The unemployment rate remained at 4.3% in July
In July, the number of employed persons among the working-age population aged 15–74 was 4,712,000, which is 32,500 higher than the June level, but 14,000 lower than the June level...
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Change is needed in Hungarian agriculture
Change is needed in Hungarian agriculture, the challenges can only be met if we find the change within ourselves – said István Nagy, Minister of Agriculture, on Thursday at the...
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Peach yield average dropped by more than 70 percent this year
The harvest of cereal crops was almost complete by August 13, 2025, with 1 million 477 thousand hectares of the planned 1 million 478 thousand hectares harvested. Producers harvested a...
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Salt war in Ukraine: three years after the loss of Soledar, the country remains dependent on imports
Before the war, Ukraine was one of the largest salt producers in Europe, but the shutdown of the Artemszil plant in Solidarny fundamentally changed the market. Three years later, the...
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Fertilizer sales revenue increased despite lower turnover
Fertilizer distributors sold 783 thousand tons of fertilizer directly to farmers in the first half of 2025. Although the volume sold was 1.4 percent lower than a year earlier, due...
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Pernod Ricard partners with Dole in RTD tie-up
The Malibu & Dole Ready-to-Drink Cocktails range is being produced, marketed and distributed by Pernod’s US arm. Pernod Ricard has partnered with fresh produce and juices group Dole to launch...
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The number of cattle and pig slaughters increased in the first half of 2025
Domestic slaughterhouses produced 234.2 thousand tons of pork and 262.3 thousand tons of poultry meat in the first half of 2025 (carcass weight, cut in poultry, cleaned weight). 50.3 thousand...
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Food allergy labels should be expanded, study suggests
Of the 2,999 cases analysed, 413 cases were linked to eight emerging allergens not currently subject to mandatory labelling. A new study has recommended that allergen warning labels in the...
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EDEKA Paschmann First German Retailer to Use Diebold Nixdorf’s AI-Powered Solution to Combat Shrink at Self-Checkout
EDEKA Paschmann in Düsseldorf is the first supermarket in Germany to use Diebold Nixdorf’s (NYSE: DBD) Vynamic® Smart Vision I Shrink Reduction solution at its self-service checkouts. The AI-enabled technology...
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Agrometeorology: Precipitation is coming, but the amount is not as needed
Rain is greatly needed across the country, and precipitation is coming in the coming days, but the amount is expected to be well below what is needed – HungaroMet Zrt....
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KSH: the rate of wage increases exceeds inflation, the countryside is catching up
According to the latest data from the Hungarian Central Statistical Office (HCSO), in June the average gross monthly earnings of full-time employees amounted to HUF 704,400, while net earnings reached...
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Food industry investment boom possible: nearly 200 billion forints in support decided
The first decisions have been made on supporting larger-scale developments of food processors, announced István Nagy, Minister of Agriculture. Through the tender aimed at the complex development of processing plants,...
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K&H Analyst Commentary: Households will receive support
In June, the gross average wage increased by 9.7 percent year-on-year, while the net average salary increased by 9.6 percent. Thus, the former exceeded 704 thousand forints, and the latter...
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Freedom24 analysis: the most important challenges and opportunities of the fall
As global markets undergo transformation driven by inflation, geopolitical tensions and technological disruptions, retail investors are approaching the autumn of 2025 with significant opportunities alongside heightened uncertainty. The online trading...
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Wheat and corn prices are rising: latest market data from AKI
In Hungary, in the second week of August, table wheat was traded at an average producer price of 77 thousand forints/ton excluding VAT and transport costs – 1 percent higher...
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Several horticultural crops have been exempted from the EKÁER notification obligation
At the joint initiative of the National Chamber of Agriculture (NAK) and the FruitVeB Hungarian Interprofessional Organization for Fruit and Vegetables, an important amendment has been made to the regulation...
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