Market News
Even Princess Pearsoon will like this – KMÉ is expanding with frozen green peas
Do you know the story when a pea was put in the princess’s bed and she couldn’t sleep because of it? Although he could not have rested better with high-quality frozen...
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Alternative protein poised to solve seafood supply and demand imbalance
Although plant-based seafood has a competitive edge over beef in terms of price, consumer acceptance is still a steep hurdle. Global demand for seafood as a protein source has surged,...
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More and more young people can acquire diverse logistics knowledge – MLE also signed a cooperation agreement with BSZC and BKK
The Hungarian Logistics Association (MLE) brought several new collaborations under its roof in October. An agreement was also signed with the Békéscsaba Vocational Training Center and the Budapest Transportation Center,...
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SPAR Croatia exports local brands to neighbouring markets
Demand for Croatian products in SPAR stores across Austria, Italy, Hungary, and Slovenia has been steadily increasing. Sales of Croatian products within the SPAR sales network reached €82 million in...
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Pink pepper day is organized in Röszke
Visitors can also learn about the traditions of growing and processing hot peppers on Saturday’s Rose Pepper Day in Röszke, which is organized in memory of the first paprika brand...
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MNB: the decline in food inflation accelerated in September
In September 2023, the decrease in domestic inflation continued at a faster rate than in previous months, the Magyar Nemzeti Bank (MNB) stated in its Tuesday quick analysis of the...
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Everything will be more expensive due to the deposit return system
With the introduction of the mandatory deposit system, consumers in Hungary can expect to pay several hundred forints more for their purchases. As part of this system, a fee of...
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KSH: in September, consumer prices increased by 12.2 percent on average compared to the same month of the previous year
In September, consumer prices increased by 12.2 percent on average compared to the same month of the previous year, the price of vehicle fuels increased significantly, and the price of...
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GFM: A favorable turn can be identified in the development of food prices
The war, energy prices and misguided sanctions raised inflation in Hungary to such an extent that the central bank could not cope with it, so the government took over the...
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Hungarians eat less meat
In recent decades, the level of meat consumption has increased rapidly worldwide, but signs of a change in trend can already be noticed in some places, including Hungary. The world’s...
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Henkel Hungary received the Green Pledge trademark
Henkel Magyarország Kft. earned the green mark for its sustainability education campaigns, which were jointly evaluated by three advertising professional organizations as good practice in the application of environmental protection...
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In September, inflation continued to decrease in the Czech Republic
Annual inflation in the Czech Republic dropped to 6.9 percent in September from 8.5 percent in August, the Czech Statistical Office announced on Tuesday in Prague. In the Czech Republic,...
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Is the Hungarian sugar industry in danger? There is something to worry about
In the Great Plain, sugar beet growers are facing serious problems due to a fungal disease called macrophomina. Thanks to the extremely dry weather, the sugar beet created excellent conditions...
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The wine will be a tax-free company allowance
A recent government decree in Hungary has made it possible for wine to be provided as a gift or hospitality without incurring any tax. Here are the details: On October...
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This is where most of the fish comes to the Union
In 2021, the European Union collectively caught and farmed over 1.1 million tonnes of aquatic species. However, Norway alone has outperformed all 27 EU member states combined. Aquaculture, the controlled...
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Danone joins alliance for turning food waste into renewable energy
In an effort to transform food waste into renewable energy, Danone North America is about to join forces with other large companies. The dairy and yogurt maker will become a...
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MOHU: installation of the new beverage packaging return machines in stores has begun
The installation of the new drink packaging return machines is underway in food stores larger than 400 square meters, and more than a hundred of the smaller ones have already...
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Unilever urges influencers to promote sustainability
Unilever is urging influencers and content creators to promote sustainability even if they are afraid of being accused of greenwashing. The company has established a “coalition of content creators” to...
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NASA inspired the charging station network’s travel products
Suitcases made of airplane window material, glow-in-the-dark blankets and thermal thermoses: at OMV filling stations, you can now buy special products for astronauts on earth, inspired by NASA. When designing...
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Imports of red onions decreased by 24 percent
According to KSH data, the amount of red onion has ranged between 39 and 54 thousand tons in the last five years. In 2022, it produced 2 percent more red onions...
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It is a competitive advantage if the company ensures flexible working
Due to the increase in employee demands and the accompanying legislative trend, companies must prepare for the spread of various forms of flexible employment, warns the Baker McKenzie law firm....
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HNT: surveys show a decline in wine consumption
The number of wine consumers and the amount of wine consumption have decreased significantly in Hungary in recent years – the National Council of Mountain Communities (HNT) announced to MTI...
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You can feel the taste of summer all year round with KMÉ quick-frozen sweet corn
Unfortunately, summer doesn’t last forever. But we can feel its taste in excellent quality all year round, and all you have to do is reach into our freezer. Because from now...
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The ice damage mitigation system worked effectively this year as well
This year, the national ice damage mitigation system operated by the National Chamber of Agrarian Economy (NAK) protected agricultural, residential and commercial values from ice damage. During the protection season between...
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Tesco teams up with Jamie Oliver for cost-of-living new series
Tesco is strengthening its partnership with Jamie Oliver by developing a new advertiser-funded cookery programme aimed at families struggling with the cost-of-living crisis. According to The Grocer, the UK’s largest...
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European ecommerce to grow 9% annually
The European ecommerce market is expected to reach 1.5 trillion dollar by 2027, according to GlobalData in a new research report. This translates to an average annual growth rate of...
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Soybean production could be 7 percent more than last season
In the September forecast of Oil World, it expects a global soybean harvest of 394.4 million tons in 2023/2024, which is almost 7 percent higher than the previous season. financial year....
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Márton Nagy: by 2030, the share of the logistics and transport sector in the GDP can double
The logistics and transport sector currently produces five percent of GDP, which may rise to ten percent by 2030, and with this the role of a bridge connecting the Hungarian...
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Carlsberg to invest in Kronenbourg brewery in France
Carlsberg is investing further in its Kronenbourg brewery in eastern France. The Denmark-based giant is to spend €30m ($31.7m) at the site in Obernai on projects that include the installation...
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In 2022, 98 percent of damage mitigation benefits were spent on drought damage
In 2022, agricultural producers were faced with an unprecedented level of drought, which posed significant challenges to the risk management system. As a result of the particularly dry weather this year,...
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