Market News
Cooperation between the Ministry of Agriculture and the FAO continues to expand
Dr. Oszkár Ökrös, Deputy State Secretary, received Anping Ye, Director of South-South and Trilateral Cooperation (SSTC) of the Food and Agriculture Organization of the United Nations (FAO), at the Ministry...
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Agrometeorology: the rainy early summer period associated with the Medárd day started weeks earlier
This year, the rainy early summer period associated with Medárd’s Day began weeks earlier than usual: the rainy and thundery weather of the past three weeks significantly reduced the accumulated...
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Lower prices for customers, higher salaries for workers, more orders for Hungarian suppliers – This is how ALDI supports Hungary
– What were the most important events and changes in the life of the company last year? – In 2023 ALDI continued to focus on providing high quality service to...
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Puratos opens new sourdough research facility
Puratos has opened a new research facility in Sankt Vith, Belgium, called the Sourdough Institute. The company said this facility is “dedicated to celebrating the art, science and potential of...
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Rossmann expands into Switzerland
Rossmann, the highly popular drugstore chain in Switzerland, is to open its first store in the heart of the country at the end of the year, with more stores to...
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The NAK Szántóföldi Days were successful again this year
The NAK Szántóföldi Days and Agricultural Machinery Show–Mezőfalva on June 5-6, 2024 took place again with great interest. At the country’s largest arable exhibition, the organizers focused on presenting sustainable farming...
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Bezos Earth Fund Opens Sustainable Protein Centre In North Carolina
The Bezos Earth Fund is confident that its new Bezos Center for Sustainable Protein at North Carolina State University will become a ‘biomanufacturing hub for dietary proteins that are environmentally...
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A virus threatening sweet potatoes has appeared in domestic propagating material production
From a phytosanitary point of view, a virus that damages sweet potatoes (sweet potatoes) has appeared in our country. Although experts have previously detected the virus causing chlorotic dwarfism in the...
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Don Francesco durum-based soup noodles
Durum-based soup noodles in 200g and 3,000g size that stand alone in the pre-packaged and gastro markets, in three popular formats: spiral, strawberry leaf and thread. Contact: Mary-Ker Pasta Kft. Anita...
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The latest issue of Trade magazin is out now!
The digital version is available with more content once again and can be read by clicking on the front page below – until the print edition arrives. But what does...
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By postponing investments, domestic companies protect themselves against late payments
Hungarian companies hold back their investments and pay their utility bills late, because they themselves do not get their money by the deadline in business-to-business (B2B) trade. Among other things,...
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In the OECD, inflation slowed down in April
In the countries belonging to the Organization for Economic Co-operation and Development (OECD), the annual growth of consumer prices slowed to an average of 5.7 percent in April from 5.8...
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Instant noodle soup market: trends and health considerations
After many years of growth, the consumption of instant noodle soups experienced a slight decrease for the first time in 2023. This change in trend was particularly noticeable in countries...
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SAP equips all its cloud products with AI capabilities and builds cooperation with leading AI companies
SAP’s annual conference is traditionally attended by a lot of attention, where the market leader in business software used to announce its latest developments and latest collaborations. At the SAP...
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The Hungarian dairy industry is in crisis: dramatic losses and rising costs
In 2023, the Hungarian dairy industry faced significant challenges, and this resulted in serious losses for several large milk processing companies. The taxable profit of Alföldi Tej Kft. deteriorated from...
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The sour cherry crop is decreasing, prices are increasing
2023 is a particularly difficult year for Hungarian cherry growers. Compared to previous years, the declining harvest volume and the resulting increase in market demand will have a significant impact...
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Data and AI write the future together, but we just don’t trust them: only 20 percent of managers make decisions based on data
Almost all of our activities have become faster and more efficient thanks to the technological revolution taking place before our eyes, but along with the brave new world has come...
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The smallest companies were left behind in the green transition
More and more company leaders are aware of the EU’s carbon neutrality goals. The attitude of company managers is still extremely positive regarding sustainability, but they increasingly feel that compliance...
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Japan is a prominent agricultural partner of our country
Minister István Nagy discussed the priorities of the Hungarian EU presidency, the reduction of food waste, and animal health issues. At the meeting, the minister drew attention to the fact...
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Loyalty site magyaranyero.hu is dedicated to customers looking for domestic products
was more than two years ago that Hungarian Product Nonprofit Kft. launched its loyalty site www.magyaranyero.hu. The website was created with the goal of having a platform through which manufacturers...
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New animal welfare grants worth HUF 42.5 billion
The government supports sustainable and efficient animal husbandry with all possible means, and therefore encourages the improvement of animal welfare with various subsidies. In recent days, the Ministry of Agriculture...
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Hungarians write the future of video content production: the RECnGO software company cooperates with the Chinese market-leading hardware manufacturer
RECnGO’s name is now known to almost everyone who is involved in the production of quality video materials, whether as a hobby or at a professional level: the Hungarian startup’s...
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The processing sales price of chicken breast decreased by 15 percent
Based on data from the KSH, Hungary’s poultry meat exports increased by 3 percent to 53,000 tons in the first three months of 2024 compared to the same period in...
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Lidl expands operations in Portugal and Croatia
Lidl Portugal has opened its 16th store in a revamped sports complex, the result of a partnership between the German retailer and historic Lisbon-based football club Os Belenenses. This article is...
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Nébih spends almost 1 billion forints on development and training at its experimental and breeding stations
The National Food Chain Safety Office (Nébih) is modernizing the infrastructure of its variety testing and breeding stations in Monorierdő, Pölöské, Székkutas and Tordas with a non-refundable grant of HUF...
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Nébih spends almost HUF 1 billion to develop its experimental and breeding stations
The National Food Chain Safety Office (Nébih) will modernize the infrastructure of its variety testing and breeding stations in Monorierdő, Pölöske, Székkutas and Tordas with a HUF 985 million non-refundable...
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The health of plants means the future of all of us
Plants provide one of the bases of food supply: without plant cultivation, there would be no food or fodder. If plants die, it affects the livelihood of farmers and producers,...
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FIABCI World Prix d’Excellence 2024: Hungarian real estate developments among the best in the world
With three gold and one silver medal, Hungarian real estate developments were once again among the best in the world at this year’s FIABCI World Prix d’Excellence International Real Estate...
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Alcampo, Eroski And Consum Ramp Up Store Openings in Spain
Several supermarket groups are ramping up store openings in Spain, despite a slowdown in the overall market. Retailers including Alcampo, Eroski and Consum aim to expand their reach and grab...
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Amazon AI initiative tackles defective products
Amazon is using artificial intelligence to scan items for defects before they are shipped. An Amazon AI model named “Project P.I.” (the P.I. stands for “private investigator”) uses a combination...
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