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Lidl US cuts corporate jobs across 3 business units
The layoffs come a little over a year after the discounter let go of roughly 200 workers stateside. The layoffs are the latest move by Lidl to rightsize its operations...
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Nestlé to invest in Democratic Republic of Congo coffee operations
The funds would go towards coffee purchases, price premiums, technical assistance and community projects. Nestlé is set to invest $20m in the Democratic Republic of Congo (DRC) to “revive specialty...
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Nébih withdrew a plant protection product from the market
The National Food Chain Safety Office (Nébih) has withdrawn more than 30 kilograms of pesticides considered risky from circulation, the authority informed on Wednesday. Nébih’s inspectors made a trial purchase...
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European Championship Won’t Save German Economy, Study Shows
The European Championship to be held in Germany this summer is unlikely to turn into a summer fairytale for the euro zone’s largest economy as it struggles for growth, a...
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The export of rapeseed rose
According to Tallage, the spot export (FOB) price of canola seed delivered to the western border in Ukraine increased by $10 to $365/ton between February 16 and March 15. In Russia,...
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Harder times, softer candies
This article is available for reading in Trade magazin 2024/4 “This difficult period is certain to continue this year, so we are focusing more on preserving our values, the results...
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The farmers and the government are each other’s strategic partners
Farmers’ interests must be protected because Brussels betrayed the producers, because the EU leaders did not protect the European agricultural markets against Ukrainian agricultural products, said Minister of Agriculture István...
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Cigarette and alcohol smugglers were busted in Zala
In just a few hours, two cigarette smugglers were caught by the tax inspectors of the National Tax and Customs Administration (NAV) in Zala, and a large amount of alcohol...
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Easter was favorable for the meat industry
Although the domestic lamb export market developed favorably this year due to the strong Easter and Ramadan holidays, the long-term problems of the lamb sector still exist, overshadowing the positive...
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One third of the products bearing the Hungarian Product trademark are private labels
In response to the needs of domestic consumers, retail chains have recently taken steps to further emphasise the domestic origin of their private label products. This article is available for...
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Hungarian asparagus cultivation: new challenges and opportunities in the domestic market
One of the treasures of Hungarian gastronomy, asparagus, is only recently beginning to discover its true potential in our country, even though we are one of the largest producers in...
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The place of processed foods in a balanced diet
In the last decade, many different classifications of foods have been created, of which the NOVA classification is the first to classify foods based on their level of processing and...
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NIS2 – Affects few, but shapes many
The Law on Cyber Security Certification and Supervision (“Cyber Science Law”) directly focuses only on the larger actors of the economy, but it will have an impact on a much...
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The number of shoplifting has increased drastically
As a result of food inflation, the number of shoplifting has increased significantly at almost all supermarket chains. Due to the decline in the standard of living, more and more...
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Domestic strawberries are still much more expensive than imported ones
A photo is circulating online that shows a shocking price difference between imported Greek strawberries and domestic ones. While imported strawberries cost a quarter as much, the price of Hungarian...
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New format added to the Hubba Bubba range
Mini chewing gum has been added to the Hubba Bubba range, which introduces a new format to the brand for the first time since 1988. However, the product is more...
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Bowls refilled
Last year’s price surge hit pet food volume sales by about 10%, probably because pet foods have become much more expensive in 2023. This article is available for reading in...
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Hydration and vitamin supplementation tailored to children’s needs
Just as the overall mineral water category has experienced a sales decline, baby water volume sales have shown a double-digit drop in 2023 compared to the previous year, while value...
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KSH: industrial producer prices in February 2024 decreased by 4.3 percent compared to a year earlier, and increased by 0.5 percent compared to the previous month
In February 2024, industrial producer prices were on average 4.3 percent lower compared to a year earlier. Domestic sales prices fell by 5.8 percent, export sales by 3.5 percent, the...
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The offer of the domestic garden seed market exceeds 1,000 varieties
Work in the hobby gardens traditionally starts after Easter. About 20 million of the small garden seeds in colorful bags are sold during the season, according to the data of...
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The competition law rules may be seriously tightened
Since mid-March, a remarkable draft law has been circulating in the parliament, which, if passed, could bring about significant changes in the lives of businesses. The government would seriously rewrite...
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UBM continued its international expansion
UBM continued its international expansion, the majority of the agricultural group’s sales revenue came from exports in the first half of the 2023-2024 business year, which ended in December, the...
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Kroger to close 3 e-commerce facilities
The grocer said it will shutter one spoke warehouse in South Florida and two others in Texas in late May. Kroger’s decision to close delivery facilities in two key states...
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Seed Association: the value of seeds purchased for small gardens is close to HUF 5 billion
Work in the hobby gardens starts after Easter; according to estimates, the market players sell 20 million small garden seeds in colorful bags each year, worth about HUF 5 billion,...
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Morrisons Obtains Carbon-Neutral Certification For Egg SKU
Morrisons has obtained carbon-neutral certification for its ‘Better For Our Planet’ egg SKU from the British Standards Institution (BSI), the national standards body of the United Kingdom. The BSI Kitemark...
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Lidl safeguards its supply lines
Lidl needs to secure its meat supply on the German home market. Meat plants owned by sister banner Kaufland will start supplying part of the discounter’s self-service ranges. Schwarz Produktion,...
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Carlsberg taps into ‘curiosity’ and repositions its beer globally
For the first time ever, Carlsberg will run a global campaign across 120 markets to reposition its flagship beer brand. The campaign focuses on how any progress in the world...
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The call for tenders supporting civil organizations in the agricultural sector has been published
In 2024, the Ministry of Agriculture also wants to provide assistance to non-governmental organizations in the agricultural sector, so that they can receive support for the implementation of their professional...
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A significant number of Hungarians save for their health and stress because of their financial difficulties
Due to our financial situation, we face serious mental and physical problems: four out of ten Europeans report that their financial problems have a negative effect on their health. Only...
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