Market News
GVH: the system is continuously developed based on customer suggestions
Less than a month after the popular shopping list function, the online price monitoring system got another important function, in which customers can pre-set their favorite stores on the site,...
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MNB director: inflation will slow down to between 7-8 percent by the end of the year
By the end of the year, the consumer price index will drop to between 7-8 percent, and the disinflationary effect will continue in 2024, but inflation will return to the...
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GFM: technological change of food industry suppliers is supported in a tender with a total amount of HUF six billion
The technology change of food industry supplier companies will be supported in a tender with a total amount of six billion forints, Gergely Fábián, the State Secretary responsible for industrial...
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The Budapest Gyógyfürdői és Hévizei Zrt closed a successful summer season
Budapest Gyógyfürdői és Hévizei Zrt. closed a successful summer season, the number of visitors was similar to the year before, but the sales revenue was more than double that of...
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New star performers on the BrandFestival roster
Three international speakers and the most important topics were announced by the organizers of the BrandFestival. AI researcher Daniel Verten, BBH London Digital Strategy & Content Lead Mara Dettmann and...
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A more balanced nut crop is expected this year than before
Farmers on domestic walnut plantations are confident of a good harvest this year. After last year’s drought, a significant improvement in the quantity and quality of the harvest is expected. However,...
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Many people plan to change jobs in the near future
62 percent of respondents plan to leave their jobs in the near future, most of them would change for a higher salary, according to the latest survey by the Work...
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September 29 is world coffee day: here are some interesting facts!
We’ve been celebrating coffee on September 29 for 40 years – one of the world’s most popular beverages first got its own day in Japan in 1983. In addition to...
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Planet expo – Pál Réthy: treated wastewater can be a key element in water management
We must turn to new water resources in the future, and purified wastewater can be one of the key elements in future agricultural and water management – Pál Réthy, Deputy...
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Bid opportunity for technological change of food industry suppliers
The technology change of food industry supplier companies will be supported in a tender with a budget of six billion forints, announced Gergely Fábián, the State Secretary responsible for industrial...
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Kellogg seeks omnivore consumers’ attention with new plant-based burger
The MorningStar Farms owner is looking to recreate the taste and texture of animal-based burgers. The plant-based burger category is saturated already, with ubiquitous brands like Beyond Meat and Impossible...
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Pumpkin spice returns to shelves once again
Once again, fall-inspired pumpkin spice flavors are making their way back to store shelves in a cinnamon-and-nutmeg-flavored flood. While pumpkin spice remains a popular flavor, the question on market researchers’...
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A good apple harvest is expected this year
Based on market information, a good apple harvest is expected this year, the amount of which could be 500-550 thousand tons, which is almost double the amount reached last year,...
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More than 1,200 participants are expected at the tech conference focusing on product development
The Compass Tech Summit will take place for the first time on October 5 and 6, for which the organizers are expecting more than 1,200 professionals from all over the...
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Farmland and water must be preserved for future generations
Agricultural land, water, ecological diversity and forest must be preserved for future generations by the state and everyone, said the Minister of Agriculture on Thursday in Budapest. At the Planet...
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The challenges only made candidates stronger!
For the sixth time, on 7 September the Value and Quality awards were presented to the winners, in the building of the Hungarian Parliament. Trademark use and the award were...
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Nestlé and the Schwarz Group at the top of the international brand equity ranking
According to the latest report from brand valuation consultancy Brand Finance, Nestlé is the world’s most valuable food brand. Among retail chains, the Schwarz Group is the leader in Europe,...
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Hungarians search for information and compare products when they shop online
A significant proportion of Hungarians shop online: 35% of 18-65 year olds do it at least once a month and 17% once a week – according to a recent representative...
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DODO already delivers OTC drugs to your door
In addition to the cosmetic products and dietary supplements available in pharmacies, over-the-counter drugs (OTC) and medicinal products can now also be ordered for home delivery from the BENU Pharmacy...
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School starting help from SIÓ
SIÓ-Eckes has given 600 schoolbags and back-to-school packs to families in need at the start of the new school year. This article is available for reading in Trade magazin 2023/10....
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New digital market regulation reaches next phase
The European Union has taken another big step towards implementing the Digital Markets Act (DMA), which entered into force last November. This article is available for reading in Trade magazin...
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Spirits Industry Association’s campaign reached nearly 1 million consumers this summer
This summer the Hungarian Spirits Industry Association and Product Board was promoting the importance of conscious alcohol consumption through music and an educational online card game. “Pour responsibly! Fill up...
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Super-premium coffee variant in the Nespresso selection
It took more than 20 years for Nestlé’ coffee experts to hybridise the finest Arabica varieties and create a new variant called N°20. N°20 espresso coffee has an exceptional taste...
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Investment promotion in Hungary is at its peak – the interest of foreign investors in the Hungarian economy is huge
With rural developments, industrial properties and premium offices with a volume exceeding that of the capital, Hungary is at the forefront of exhibitors at one of the world’s most prestigious...
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Nébih: Hungarian households are wasting less and less food
According to the fourth waste survey conducted by the National Food Chain Safety Office (Nébih), food waste in Hungarian households has decreased by 27 percent since 2016. The results of...
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Digitization on the agenda of the agriculture ministers of the Turkish states
The most important goal of the Organization of Turkish States (TÁSZ) is the increase of agricultural productivity and the closest and most effective cooperation in the field of agriculture –...
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Hungarian pálinka has also been included in the list of protected geographical indications in both the EU and Japan
In the framework of the economic partnership agreement between the European Union and Japan, another 42 EU and Japanese products have been added to the list of protected geographical indications...
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It is our shared responsibility to protect our land and water resources
Sustainable management of land and water resources is essential for achieving global food security, Minister of Agriculture István Nagy declared at the meeting of the European Committee on Agriculture of...
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Advance payments of agricultural subsidies will start in mid-October
Amidst the changes in the EU conditions for agricultural subsidies and the market difficulties, all financial assistance will increase in value, so after the conditions for advance payments have been...
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French prefer rosé to red wine
Rosé wine has risen in popularity with the French as young people are beginning to move away from traditional red wines and towards a glass of chilled pink throughout the...
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