Market News
One in two German households are struggling with food prices
Rising food prices hit hard more than half of the German population – especially low-income households – in 2023. According to a representative survey by TeamBank, two out of three...
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Agricultural vocational training institutions are constantly renewed
The renewal of agricultural vocational training not only helps education, but also serves to strengthen rural Hungary, which is the backbone of the country, said Dr. Márton Nobilis, State Secretary...
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On the threshold of a paradigm shift in food supply – Food policy analyst Réka Szöllősi was the guest at the September meeting of Chain Bridge Club
First Réka Szöllősi told in her retrospective that consumer protection aspects increasingly replaced technological and food safety standards in the European Union between 2004 and 2010: salt reduction, trans-fats, public...
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BMI: Deepening contraction in October
The seasonally adjusted October value of the Purchasing Manager Index (BMI): 47.6. Compared with the previous October values, this year’s value is lower than the long-term average for this month...
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GKI: The need for competitiveness reforms in the EU and Hungary’s role in the changes
The European Union faces significant competitive challenges, needing reforms as outlined in the Draghi report. Key areas for improvement include promoting innovation, boosting digital transformation, enhancing energy efficiency, reforming the...
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The Hungarian Maltese Charity Service plays a major role in food rescue
The Hungarian Maltese Charity Service plays a major role in food rescue, and out of the six charitable organizations participating in the program, the Maltese have delivered the largest amount...
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Will plastic pollution triple? – the latest compilation of Körkörös.hu
Although plastic pollution is already one of the most pressing environmental challenges of our time, global plastic production is increasing every year, just as the number of plastics entering the...
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Farmers’ organizations hope that consumers will also join the agricultural petition
The farmers’ organizations hope that they will be able to rally not only the farming community, but also the consumers to the online petition launched against the transformation of the...
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The new GHG emission values of grain and oil crop cultivation were recognized
In 2023, the European Commission asked the member states to submit newly calculated regional greenhouse gas (GHG) emission values (NUTS2 values) related to the sustainable production of arable crops used...
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Measuring the out-of-home viewership can mean an increase in ratings and an improvement in quality
In the summer of 2024, the test project of Atmedia, Scores Group, Gemius and G-Meter out of home (OOH), i.e. measuring TV viewership outside the home, was successfully completed –...
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Employers who don’t offer hybrid work may lose two-thirds of talent
Companies that don’t offer hybrid work opportunities may be missing out on top graduate talent, according to new research from the International Workplace Group. The study of more than 1,000...
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Horticultural propagating materials in focus: Nébih control at three locations
Specialists from the National Food Chain Safety Office (Nébih), the county government offices and the NAV conducted inspections of autumn propagating material in the settlements of Győr, Újfehértó and Iregszemcse...
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Zalando and OpenAI deepen cooperation
Zalando is back on track: in the second quarter both sales and profits increased. This article is available for reading in Trade magazin 2024/10 The future may bring greater use...
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Egg prices remain lower than a year ago
According to data from the European Commission, the packing point price of table eggs in the EU was 212 euros/100 kilograms in the first forty-three weeks of 2024, which decreased...
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At peace with nature
The protection of our natural capital, the habitats and species of our planet is a strategic issue, to this end the participants of the 16th Biodiversity Summit (COP16) adopted the...
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Alibaba introduces seller protection program in Europe
With Trade Assurance, Alibaba introduces what it calls a new standard for safe and transparent digital B2B trade in Europe. The service portfolio is initially available for businesses in France,...
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Aldi underscores its price leadership
Aldi moves first to permanently reduce prices for olive oil in Germany. The discounter is the reference points for essential food prices in Germany, but rivals Lidl and Kaufland are...
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Absolut Vodka’s Distillery Reaches Fossil-Free Milestone
Absolut Vodka’s net-carbon neutral distillery – one of the most energy efficient in the world – is now powered solely by renewable energy sources. The company announced that its distillery...
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Hungarian agricultural exports increased dynamically in the first half of the year
The measures taken to renew the Hungarian agriculture and food industry and the developments implemented have reached their goal, they continued to expand, and agricultural exports exceeded last year’s value...
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Auchan cuts costs and jobs
Auchan‘s management is taking out the hatchet: the loss-making French food retailer is to cut nearly 2,400 jobs, close ten unprofitable stores and discontinue its home delivery business. Auchan announced...
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The agrarian reforms of 100 years ago still carry an important message today
“We remember a forward-looking thinker who laid the foundation for the concept of rural development and ecological sustainability,” said Sándor Farkas, deputy minister of the Ministry of Agriculture, at the...
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Morrisons supports farmers by introducing “environmentally friendly” white eggs
Morrisons is adding white eggs to its Chuckle Eggs range as part of its “For Farmers” scheme, which will see 6p for every six dozen eggs sold go to farmers....
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Mondi increases its presence in Western Europe via acquisition
Packaging firm Mondi has entered into an agreement to acquire the packaging operations of Schumacher Packaging in Germany, Benelux and the UK. The acquisition will add around one billion square...
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Just Eat Takeaway is losing market share
Just Eat Takeaway reported a 6% drop in the number of orders placed in the third quarter at 211.1 million, with the decline particularly significant in the US at minus...
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Amazon’s latest concept, Amazon Grocery opens in Chicago
Amazon’s latest experimental supermarket has opened on 3,800m² in Chicago’s upscale Near North Side neighbourhood. The e-commerce giant’s store, called “Amazon Grocery”, is located in a space formerly used as...
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Bolt and Starship launch autonomous home delivery service in Estonia
Estonian firms Bolt and Starship Technologies have launched an autonomous grocery delivery service in Tallinn. It is the first of its kind in Europe and is the result of a...
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Jumbo uses zero-emission vehicles to deliver goods to Amsterdam stores
Dutch company Jumbo is using zero-emission electric trucks, called “Oxygen”, to deliver goods to its stores in Amsterdam. The recently acquired vehicles were developed by Renault Trucks in collaboration with...
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Carrefour teams up with Bringo to collect packaging waste in Romania
In partnership with food delivery service Bringo, Carrefour is collecting used packaging in Romania. As part of the initiative, customers of any Carrefour hypermarket will be able to return empty...
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Arla Foods to buy Egyptian dairy company
Arla Foods has made an acquisition offer for Egypt’s Arabian Food Industries Company (Domty), with a price per share of EGP 31.48, representing a total consideration of EGP 8.897m (EUR...
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Innovation, sustainability and Hungarian identity in the logistics market
The Foxpost story began as a Hungarian start-up in 2014, with the goal of offering a convenient, sustainable and efficient parcel delivery solution for online shoppers. This article is available...
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