Market News
Smart solutions that can save hundreds of bathtubs worth of water
The Earth’s water supply is permanent, but only 1 percent is suitable for human consumption. As the population increases, humanity’s demand for water increases dynamically, while excessive consumption, climate change...
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When buying seed potatoes, it is worth choosing only metal-sealed seed tubers
For planting good-quality, reliable and healthy seed tubers, it is worth buying only metal-sealed ones, which are mainly available in farm shops, larger supermarkets, and specialty stores. Nébih has summarized...
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Carrefour Returns To Bulgaria After A Decade
French supermarket chain Carrefour is back in Bulgaria after a nearly ten-year hiatus, according to local media reports. News portal Capital reported that last month, the retailer opened two stores in...
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European fruit and vegetable growers joined together for European products
European fruit and vegetable growers joined together and launched a campaign to protect the internal markets of the European Union. The main goal of the initiative is to encourage customers...
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10 percent more sunflower crops are expected in the EU this year
Oil World expects a worldwide sunflower seed harvest of 57.9 million tons in 2023/2024. economic year, this may exceed the previous year’s volume by 4 percent. The global output may...
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Coca-Cola Launches Limited-Edition Packaging Featuring Marvel Universe Characters
Coca-Cola has launched limited-edition packaging for beverage cans and a new commercial featuring characters from the Marvel Universe. The beverage giant commenced the rollout of Coca-Cola cans featuring Marvel Universe...
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Dairy consumption falls again in Germany
Consumption fell to a new low in 2023, the data showed. The consumption of milk in Germany declined again in 2023, government data shows. According to preliminary figures published by...
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The government also protects agriculture by requiring import notification
Agriculture is affected both by the war and Brussels’ pro-war policy. For this very reason, in addition to the ban on the import of Ukrainian agricultural products, the government is...
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Oatly allowed use of the word “milk” on plant-based drinks packaging
Plant-based brand Oatly has won a High Court case against the UK dairy industry, and can continue to use the word “milk” on the packaging of its products. This article...
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Science is rewritten by AI
Artificial intelligence (AI) appeared in Hungarian healthcare in the last decade. Despite the fact that patients and professionals still sometimes fear its use, its use is growing exponentially. We can...
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K&H SME confidence index: Businesses are still in a negative mood
The hopeful improvement of the K&H SME confidence index seen at the end of last year came to a halt again in the first quarter of this year: with a...
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Wolt launches Wolt Ads, which contributes to the business growth of its partners
Wolt launched dedicated advertising opportunities for both local merchant partners (Wolt Ads for Merchants) and larger international brands (Wolt Ads for Brands). Services are available in most Wolt markets. Merchants...
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From Ransomware to “Pig Slaughter Scam” Visa’s recent report draws attention to the most common frauds affecting consumers and businesses
Visa has released the spring 2024 edition of its semi-annual International Fraud Report, which highlights the most common payment threats affecting consumers and businesses worldwide. “Criminals never go on vacation....
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The EU would close the gender pay gap
The European Union directive on wage transparency will soon oblige medium-sized and large companies to provide detailed reports on the salaries of their female and male employees. According to the...
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What and how does Consumer Protection investigate advertising practice?
With a record number of people interested, the Self-Regulatory Advertising Board (ÖRT) organized its first joint workshop with experts from the Ministry of Justice (IM) regarding the activities of the...
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The new Hungaricum tenders are coming
This year, the Ministry of Agriculture is announcing a HUF 445 million Hungary tender, the aim of which is to strengthen the national identity, Zsolt V. Németh, Prime Minister’s Commissioner...
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NAK and MAGOSZ initiated the announcement of the permanent water shortage period
Based on the extremely poor weather of the past period and the feedback from farmers, the National Chamber of Agriculture and the Association of Hungarian Farmers’ Associations and Farmers’ Cooperatives...
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OTP Mobil: We know that changing passwords is critical, but we still don’t do it
According to a recent survey, although three quarters of the population believe that passwords used on online platforms should be changed at certain intervals, one third of them do not....
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HUN-REN ATK researchers have discovered a new mechanism of resistance to plant virus infections
A new mechanism of plant resistance to viral infections was discovered by the researchers of the Plant Protection Institute of the HUN-REN Agricultural Research Center (HUN-REN ATK NÖVI) as part...
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István Jakab: Hungary has the right to protect the health of the Hungarian people
Hungary has the right to protect the health of the Hungarian people – stressed István Jakab, the president of the Association of Hungarian Farmers’ Associations and Farmers’ Cooperatives (Magosz) on...
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The ice damage mitigation system started its seventh protection season
On April 15, the National Chamber of Agriculture (NAK) put into operation the National Ice Damage Mitigation System (JÉGER), which thus began its seventh protection season. The system that sends...
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Spain’s Grupo Alimentario IAN buys local olives producer Interoliva
Spanish canned vegetables and ready meals maker Grupo Alimentario IAN has bought local prepared olives processor Interoliva. The sum of the deal was not disclosed. CEO, Alejandro Martínez, said the transaction would...
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Tesco rolls out AI refrigeration tech to cut energy costs by 10%
Tesco has implemented artificial intelligence (AI) technology to slash its energy costs by 10% and save over 385 tonnes of CO2e across its refrigerated distribution network. The pilot programme saw...
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The inspectors destroyed hundreds of propagating materials for fruit planting in the Ónod market
The inspection of the sale of spring grape and fruit propagating materials continued. At the beginning of April, experts from the National Food Chain Safety Office (Nébih), county government offices,...
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Kaufland to open its marketplace in Poland and Austria
Kaufland, one of the larger ecommerce platforms in Germany, is expanding to Poland and Austria this coming late summer. Schwarz Gruppe, the owner of Kaufland and supermarket chain Lidl, has...
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K&H is supporting young agricultural professionals again this year
The scholarship competition for sustainable agriculture, which is being announced by K&H for the 10th time, supports students in agricultural education, the company announced to MTI on Monday. The announcement...
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Nébih: hundreds of propagating materials for fruit planting were destroyed by the inspectors at the Ónod market
The spring inspection of the sale of grape and fruit propagating materials continued, during the action held at the Ónod National Animal and Exhibition Fair, the inspectors had to destroy...
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KSH: industrial production increased by 1.8 percent in February, the largest increase in the production of food, beverages and tobacco products
In February 2024, the volume of industrial production exceeded the previous year by 1.8 percent. Adjusted for the working day effect, production rose by 1.4 percent, the Central Statistics Office...
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NGM: the government will restart it in 2024 and further increase the rate of economic growth in 2025
After the successful suppression of inflation, the government will restart it this year and increase the rate of economic growth next year, and when the war is over, Hungary will...
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The GVH would introduce a labeling system showing environmental impact on foodstuffs
It would make it easier for consumers to make a conscious decision if food products were given a labeling system showing environmental impact, said the GVH’s chief economist in a...
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