Market News

Tesco partners with Be My Eyes in European supermarket first

Tesco has become the first major supermarket in Europe to partner with the Be My Eyes app, piloting new technology to support blind and partially sighted shoppers in stores across...

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EU sugar imports fall

The world market price of white sugar was 405 euros/tonne in July 2025. The front-month quotation of white sugar on the London Mercantile Exchange (LIFFE) decreased from 463 dollars (USD)/tonne...

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Agricultural tax cuts are coming, the government is taking new burdens off farmers’ shoulders

The government is taking new burdens off farmers’ shoulders, having decided on several proposals that are favorable to them. “Farmers can always count on us, because we are each other’s...

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Farmers can continue to count on the government’s help in everything

The harmony between farmers and power machines is essential for successful agricultural production – stated Imre Hubai, the State Secretary responsible for agriculture at the Ministry of Agriculture at the...

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Export champion with innovation in the sugar market curve – Budapest industry roundtable on the competitiveness of confectionery manufacturers

Successful candy manufacturers are responding to the changes in the sugar market by developing export-winning, innovative products, as was crystallised at the Budapest roundtable discussion, to which the Hungarian Confectionery...

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METRO’s Tasty Hungary initiative has been launched

On October 2, METRO Hungary launched the Jóízű Magyarország initiative at a large-scale event, which aims to preserve and promote traditional Hungarian dishes in domestic restaurants for future generations. In...

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How to store eggs? – Useful tips from Nébih

Every year in mid-October, we celebrate World Egg Day, which is an excellent opportunity to focus not only on the versatility of eggs, but also on their safe use. Although...

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VOSZ and MMESZ signed the Hungarian Energy Community Cluster Agreement

The Hungarian Renewable Energy Association (MMESZ) and the National Association of Entrepreneurs and Employers (VOSZ) signed the Hungarian Energy Community Cluster Agreement as a new stage in their strategic cooperation...

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Banks will be inevitable in the circular economy

Banks play a key role in the sustainability transition and the promotion of the circular economy through their financing power. Among the leaders are KBC and its subsidiary K&H, which...

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Drone detection of grapes infected with golden yellows begins

In addition to visiting vineyards, drones will also be used nationwide from October 9 to search for grapes infected with golden yellows. Modern technology and the application of artificial intelligence...

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“Bamboo plastic”: stronger than traditional plastic, yet decomposes in 50 days – a new raw material could be used in packaging

Chinese researchers have presented a “molecular plastic” (BM-plastic) made from bamboo that rivals petroleum-based plastics in mechanical strength, while completely degrading in soil in less than two months. The development...

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The Hungarian government is committed to the Common Agricultural Policy

The Hungarian government is committed to the Common Agricultural Policy (CAP) and supporting farmers; “it is no coincidence that we provide the largest co-financing in the European Union alongside agricultural...

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Golden Ear Farmer training is transforming

The digitalization of agriculture has opened a new era in Hungarian agricultural training, emphasized László Nagy, an expert at TanfolyamGURU. The Golden Ear Farmer course now not only teaches the...

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Hungarian-developed software wins international award

The nutrient management software of the HUN-REN Agricultural Research Center (ATK) has won another international award – the HUN-REN Center announced to MTI on Tuesday. ProPlanta won the competition announced...

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Standard and Poor’s continues to recommend Hungary for investment

Standard and Poor’s has once again affirmed Hungary’s sovereign debt rating. Thus, the three major credit rating agencies – Fitch Ratings, Moody’s and Standard and Poor’s – continue to recommend...

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Science Ambassadors visited the Szigetcsép egg processing plant

Innovative solutions and unique ideas are emerging in food processing every day. It is no wonder that the operation of an egg processing plant is also of interest to young...

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New caps are coming to PET bottles: lighter body, more recycled plastic, bioplastic lid

After the introduction of non-removable caps, another packaging change is coming to PET bottles: manufacturers are introducing lighter, thinner-walled bottle bodies and new-generation caps made from bioplastics or biodegradable materials....

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NAK Initiative: Primary producers and agricultural private entrepreneurs can get housing loans on more favorable terms

The government – ​​at the suggestion of the National Chamber of Agriculture – has favorably changed the conditions for applying for a state-subsidized, fixed 3% interest housing loan launched under...

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EU proposes safeguards to protect EU farmers under Mercosur agreement

The European Commission proposed a regulation on Wednesday to protect EU farmers, so that swift and effective protection could be put in place in the unlikely event that imports from...

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Sopron University makes operations more efficient with AI assistants

The University of Sopron was the first in the country to introduce AI assistants tailored to specific fields of study across the entire institution. This article is available for reading...

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Golden yellow disease identified in two new counties

The National Food Chain Safety Office (Nébih) confirmed the presence of the pathogen causing golden yellow grapes in Csongrád-Csanád and Hajdú-Bihar counties. This means that 15 counties are now affected....

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The Nutriment Company adds to acquisition spree with Easy-Barf

TNC said the Easy-Barf transaction gives it a “strong foothold” in France.  The Nutriment Company (TNC) has notched up its eighth pet-food acquisition of the year with a deal for...

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Veresi Paradicsom Kft.’s 1.2 billion forint innovation project has been completed

A new chapter has opened in domestic strawberry production, after the 1.2 billion forint project launched three years ago under the consortium leadership of Veresi Paradicsom Kft. was successfully completed,...

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Colruyt rolls out hybrid meat in Belgium

Following Lidl and Albert Heijn, Colruyt Group has also added new meat products enriched with plant-based ingredients to the product selection available in its Okay and Colruyt Lowest Prices stores....

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ChatGPT is the new uncle: we trust AI answers more than Google

Google’s dominance in internet search seems to be weakening. Artificial intelligence, especially ChatGPT, has opened a new era: users are increasingly looking for summarized, personalized answers instead of links. Google’s...

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European Commission proposes €10.8 million in emergency aid to Hungarian farmers to mitigate damage caused by extreme weather

The European Commission is proposing €10.8 million (around 4.2 billion forints) in emergency aid to Hungarian farmers to mitigate damage caused by extreme weather, the Brussels-based body said on Friday....

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SPAR Croatia Unveils New SPAR City Format in Zagreb

SPAR Croatia has introduced a new store format, SPAR City, with its first location in Croatia opening at Jurišićeva 2a, in Zagreb. Situated in a two-storey neo-Renaissance building designed by...

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AM: government supports waterfowl farmers in preventing the bird flu epidemic

The Hungarian State Treasury has already disbursed 2.038 billion forints in state aid to the waterfowl sector to help protect against bird flu. Thanks to the government’s support, 105 affected...

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Onions have become significantly more expensive

According to data from the Hungarian Central Statistical Office, the onion harvest in Hungary has ranged between 50 and 73 thousand tons in the last five years. In 2024, 25...

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Morrisons launches ‘Morrisons Now’ for one-hour grocery delivery

Morrisons has launched a new rapid delivery service, ‘Morrisons Now’, allowing customers to order up to 30 grocery items for delivery in as little as one hour. The service, which...

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