Market News

KSH: The number of foreign guest workers in Hungary has increased

According to the latest data from the Central Statistical Office (KSH), the number of foreign guest workers in Hungary increased significantly in 2023. In the publication Helyzetkép, 2023 – Labor...

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The processing selling price of wines has increased

According to AKI PÁIR data, the sales price of domestically produced and domestically sold wines without a geographical indication, as well as wines with a protected geographical indication, rose by...

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Bigger private label product selection in Spanish Makro stores

More than 400 private label items have been introduced by Makro Spain in the 2022-2023 fiscal year. The company already offers over 6,000 SKUs under its Makro Chef/Metro Chef, Professional,...

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Cheaper eggs at Easter than last year

According to data by the Central Statistical Office (KSH), Hungary bought 1% more shell eggs (32.7 thousand tonnes), including nearly 17% more fresh eggs (17.8 thousand tonnes) from the international...

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Rossmann takes another step towards a more sustainable future

In order to reduce its environmental footprint, Rossmann Magyarország will no longer issue Rossmann+ plastic cards. This article is available for reading in Trade magazin 2024/4 Registered customers can continue...

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Bird flu has reached the counties of Békés and Jász-Nagykun-Szolnok again

The laboratory of the National Food Chain Safety Office (Nébih) has detected the presence of avian influenza virus in several livestock farms in the counties of Békés and Jász-Nagykun-Szolnok. The...

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Beef rice

Scientists at Yonsei University in South Korea have invented what they believe is sustainable, high-protein food, called “beef rice”, which is produced using cells from the animal grown in rice...

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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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