Market News
The dominant sector of the food industry is egg production
Egg production is a key sector of the food industry, the competitiveness of which is supported by the Ministry of Agriculture with a number of tools, stated Márton Nobilis, the...
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KPMG develops AI-powered document processing system
With its solutions KPMG Magyarország – 35 years old this year – focuses on enterprise digitalisation and the future-proof use of AI. This article is available for reading in Trade...
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The 2024 Sustainable Future Awards have been presented
A large number of outstanding applications were received for the 2024 Sustainable Future Award. This award, established to recognize exceptional corporate and leadership performance aimed at achieving the Sustainable Development...
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Looking at the past decade, carbon dioxide intensity decreased the slowest globally last year
For more than 20 years, the G20 countries have not been able to achieve a carbon dioxide reduction rate higher than 11.5% per year, therefore a decarbonization of 20.4% worldwide,...
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World Food Day 2024 is approaching
The cooperation that spans more than 150 countries around the world is what makes World Food Day, which was born on Hungarian initiative, stand out from other UN days. The...
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VOSZ Barometer: the mood in the entrepreneurial sphere is deteriorating again
The third quarter results of the VOSZ Barometer 2024 decreased in most parameters – it was revealed at the joint press conference of the National Association of Entrepreneurs and Employers...
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Three significant differences emerged from the shopping habits of Glamor Days and Black Friday in Hungary
According to a recent survey by Pepita.hu, 3 significant differences emerged from the shopping habits of Glamor Days and Black Friday in Hungary: · women are significantly more active during...
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Every second company plans to raise wages next year, but to a lesser extent than this year
The majority of employers are optimistic about next year, they expect economic stabilization, and in terms of the number of employees in the company, more are counting on expansion than...
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The physical and mental health support program will be a new tax-free benefit
On October 10, 2024, in connection with World Mental Health Day, domestic specialists, researchers, service companies and civil organizations came together to offer employers an innovative solution for 2025 in...
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Table grapes can be one of the winners of climate change
While fruit growing is becoming more and more unpredictable due to hectic weather conditions, the cultivation of dessert grapes poses fewer environmental risks, and its ecological adaptability is also favorable....
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Few people in Hungary are still thinking specifically about energy efficiency developments
Few people in Hungary are still thinking specifically about energy efficiency developments. Proof of this is that in the last few years we have spent a total of HUF 2,500-3,000...
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The survey was made with the participation of thousands of farmers: According to the producers, it is also important to retain water
Hungary is still a “water superpower”, but the distribution of precipitation has now changed significantly both in space and time. Drought lasting several months, often followed by torrential rain and...
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Wholesale trade trends after 2024: tech, AI, sustainability…
Wholesale is undergoing a huge transformation, driven by changing consumer demands, technological advances and strengthening competition. This article is available for reading in Trade magazin 2024/10 E-commerce continues to grow...
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Table grapes can be one of the winners of climate change
While fruit growing is becoming more and more unpredictable due to hectic weather conditions, the cultivation of dessert grapes poses fewer environmental risks, and its ecological adaptability is also favorable....
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Morrisons cuts prices on more than 2,000 products
From the end of August Morrisons More Card holders can buy thousands of products at significantly lower prices. The retailer is adding more than 70 items to the range of...
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Agrometeorology: the soil is sufficiently moist for autumn sowing
The soil is sufficiently moist for autumn sowing, and from the end of the week, in more or less sunny weather, it will be possible to make good progress with...
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From the middle of October, it is necessary to pay for BSE tests of cattle
Nébih informs those concerned that from October 14, 2024, the payment of a compensation fee of HUF 7,200 + VAT will be mandatory in the case of BSE tests on...
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Carrefour Commences Rebranding Of Cora Stores
Carrefour has commenced the rebranding of the Cora supermarkets that it acquired in July, with the first 19 stores set to be rebranded on 1 October. Following this, a second...
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ECJ allows the use of meat terms for substitute products
The European Court of Justice (ECJ) has ruled that EU Member States cannot generally ban the use of terms such as “steak” or “sausage” for plant-based products, provided the product’s...
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Lidl and Aldi push into city centers
German discounters advance into city centers. Lidl and Aldi launch standard format stores in former department stores. Existing small-area discount pilots abroad so far have not been rolled out at...
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Unilever sells Russia and Belarus operations to Arnest Group
Arnest Group is a local manufacturer of perfume, cosmetics and household products. Unilever has confirmed it has disposed of its Russian subsidiary and its associated operation in Belarus. In a short...
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Sheep and goat farmers will receive new help
The Ministry of Agriculture, in the form of a one-time non-refundable subsidy, provides the prevention of scrapie for sheep and goat farmers from a budget of HUF 65 million. At...
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KSH: in September, consumer prices increased by 3.0 percent on average compared to the same month of the previous year
In September, consumer prices were on average 3.0 percent higher than a year earlier. In one month, they decreased by an average of 0.1 percent, within which vehicle fuels became...
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PLMA 2024 Trade Show: ambitious manufacturers and retailers
Held at the end of May in the RAI Conference Centre in Amsterdam, the PLMA World of Private Label Show welcomed more than 28,000 professionals from over 125 countries, who...
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Delays and interruptions in parcel delivery: Christmas peak period in danger?
More and more problems are arising in the domestic package delivery market, due to which customers complain about the quality of the services, reports Pénzcentrum. In recent weeks, a number...
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Bucharest requires a license to import eggs and poultry meat from Ukraine
Romania will include eggs and poultry meat in the list of food industry products that can only be imported from Ukraine with an import permit, Agriculture Minister Florin Barbu announced...
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Hungary’s first refrigerated forest seed storage facility was handed over
On the one hand, forests are a solution to climate change, but on the other hand, they suffer its effects. Therefore, for the sake of successful afforestation, we need to...
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New artificial dyes have been added to the banned list
California Gov. Gavin Newsom has signed into law a bill banning the use of artificial colors in food served in the state’s schools by the end of 2027, making it...
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The Hungarian EU presidency shows the direction for the common agricultural policy after 2027
The aim of the Hungarian EU presidency is to show direction to the new European Commission in the form of council conclusions regarding the main directions of the common agricultural...
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