Market News

An important deadline for growers and distributors of grape propagating material is coming in May

The National Food Chain Safety Office (Nébih) draws the attention of those involved in the production and distribution of grape propagating materials that the deadline for reporting their activities is...

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The network of village farmers and the range of services provided to chamber members have been expanded

In response to the challenges posed by the new Common Agricultural Policy, the National Chamber of Agriculture has transformed and expanded its network of village farmers to around 700 people....

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The tender for the conservation of new animal genetic resources has been published

A call for proposals for rural development to support the ex situ and in vitro conservation of animal genetic resources and the implementation of professional support activities has been published,...

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UEFA and Just Eat Takeaway extend partnership

Just Eat Takeaway has extended its partnership with the UEFA Champions League, the UEFA Europa League and the UEFA European Conference League until 2027. As a result of this, Just...

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Free “dating” for bees and flowers has also started in Vienna

After Lower and Upper Austria, the free “dating” service for bees and flowers has also been launched in Vienna: gardeners, winegrowers and other landowners can announce where they are waiting...

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Aldi and Grabango announce AI-powered checkout-free tech

Similar to Amazon’s “Just Walk Out” tech, it was rolled out at a store in suburban Chicago German discount grocer Aldi, and its partner Grabango, have publicly announced the launch...

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Agricultural vocational training provides young people with a predictable vision of the future

Today, agricultural technical colleges and vocational schools offer a predictable life path, 21st century. in the conditions of the 21st century they provide century-old knowledge. Young people can become masters...

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Nestlé identifies “climate-resilient coffee plants” using data science methods and AI

Nestlé experts are exploring how advanced data science and AI can be leveraged to help select and breed more climate-resilient plants amid climate change threatening coffee cultivation. While more than...

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The sector of animal breeders is facing a huge opportunity

European agriculture and farmers are suffering enormous damage, and animal husbandry is also under intense attacks, Brussels’ communication discredits farmers and deceives consumers. Meanwhile, Hungarian livestock breeders and livestock keepers...

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Plant-based proteins offer “complete” source of essential amino acids, experts reveal

A new report aims to bust the “myth” of plant-based protein being an incomplete source of essential amino acids, arguing that many of the most popular vegan proteins contain all...

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The new agricultural support website has been launched

Information related to the Hungarian Common Agricultural Policy Strategic Plan for the period 2023-2027 is available in a renewed form from today on the new website, kap.gov.hu. Hungary’s 2023-2027 Common...

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Hungary has plenty of work to do in the regional “long-distance running”

Based on the ten- and twenty-year trends – one of the most important indicators of which is GDP per capita measured at purchasing power parity – the Hungarian economy is...

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Consumers hate “dynamic pricing”.

In the past period, customers had to familiarize themselves with a new concept: dynamic pricing. Many consider it a simple scam, but the companies insist on it nonetheless. Prices used...

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NGM State Secretary: the ESG Act strengthens the competitiveness of Hungarian businesses

The aim of the law defining the framework for responsible environmental, social and corporate governance (ESG) is to strengthen the competitiveness of Hungarian enterprises and promote the creation of a...

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György Raskó: the purchase of basic foodstuffs is also a serious challenge for many Hungarian households

The serious problem of impoverishment is still noticeable among the Hungarian population, say experts. According to agricultural economist György Raskó, even the purchase of basic foodstuffs is a serious challenge...

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According to international financial institutions, Hungary is returning to the path of economic growth

According to the forecasts of the international financial institutions, the Hungarian economy will return to the growth path this year, which could be above 2 percent – said Tibor Tóth,...

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In the OECD, inflation stagnated in February

In the countries belonging to the Organization for Economic Cooperation and Development (OECD), the average annual increase in consumer prices was 5.7 percent in February, the same as in January....

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Digimeter 2024: Reorganization instead of digital catch-up

After 2020, 2021 and 2022, Digiméter assessed the level of digitization of domestic small and medium-sized enterprises (SMEs) for the fourth time. The value of the main index, measured on...

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The current labor market situation favors companies ready to expand

here is still an active presence of employees in the domestic labor market. As in the previous quarter, nearly 20% more applications were made in the first three months of...

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Upcoming changes in the Hungarian Food Book

Trade magazin has asked deputy state secretary Dr Beáta Olga Felkai about the upcoming changes in the Hungarian Food Book: “The Hungarian Food Book is a collection of legislation, some...

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It turned out how productive Hungarian companies are

We need to prepare for hybrid working in the longer term: more than a third of Hungarian white-collar workers work from home for at least one or two days –...

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Soon you can withdraw money for free at the Post Office

From January 1, 2025, new rules regarding cash withdrawals will enter into force in Hungary. According to the decree, it will be possible to withdraw a maximum of HUF 150,000...

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Tesco: dedicated menopause section in the UK

In the United Kingdom Tesco is testing a menopause section: it is marking menopause-relevant products with the world’s first universal symbol, the M-tick, both online and offline. From 7 February...

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What will you be eating tomorrow?

Plant-Powered Perspectives is a business conference, which took place for the third time last year at the METRO Gastro Academy, and it is also Hungary’s premier plant-based food event. This...

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Agricultural subsidies: MBH Bank provides pre-financing for up to several years

MBH Bank further expanded the possibilities of pre-financing agricultural subsidies. At the credit institution, farmers can now apply for pre-financing of grants within the framework of the Unified Applications, not...

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Construction of the industrial park next to the logistics center continues in Zalaegerszeg

The second phase of the construction of the industrial park to be built next to the future logistics center of the German Metrans will continue in Zalaegerszeg at a cost...

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Agrometeorology: nighttime ground frosts are returning

Temperatures corresponding to the first half of April will remain, and at night, weak frosts will threaten the fruit harvest in the frost-prone areas, HungaroMet Zrt. wrote in its agrometeorological...

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Mercadona Boosts Investment In Portugal

Spanish supermarket chain Mercadona is planning to inject €180 million into its Portuguese subsidiary to fund continued expansion plans in the country throughout 2024. The additional investment will directly support...

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HelloFresh Opens New Automated Production Facility In The UK

Meal kit firm HelloFresh has opened an automated production facility in Derbyshire, as it seeks to boost the growth and innovation of its brands in the UK. The site, named...

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Agricultural insurance claim payments decreased in 2023

Agricultural premium income totaled HUF 32.8 billion (-10 percent), and damage payments totaled HUF 12.1 billion (-77.2 percent) in 2023. Thus, revenues decreased by a tenth and payments by almost...

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