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The irrigation development and education investment in Szarvas was handed over

The Irrigation Development Demonstration Farm and Training Center in Szarvas, Békés County, which was implemented with HUF 800 million, was handed over on Tuesday. Csaba Gyuricza, rector of the Hungarian...

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Euromonitor reveals top 10 global consumer trends in 2023

Global market research company Euromonitor International has released its landmark “Top 10 Global Consumer Trends 2023” report on January 16. Euromonitor’s annual report aims to help organisations stay ahead of...

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The NETA change is a relief for export-oriented producers

Thanks to the notification of the National Chamber of Agricultural Economy, the obligation to pay the public health product tax for food industry enterprises that sell for export and domestically...

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Onions may get crazy expensive

At the beginning of January, the wholesale price of bagged onions increased, which could be a harbinger of further price increases. There are much less onions this year than at...

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Debate on deforestation: Indonesia and Malaysia clash with “protectionist” EU over palm oil policy

Indonesia and Malaysia join forces against new EU regulation on deforestation. Two of the world’s top palm oil producers say the EU directive would reduce the amount of palm oil...

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Turkish-Hungarian relations can be strengthened in the food industry and tourism

Minister of Economic Development Márton Nagy received Turkish Minister of Industry and Technology Mustafa Varank in his office on Monday – the Ministry of Economic Development informed MTI about the...

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Fat bread is slowly becoming a real luxury: the price of both fat and bread has risen by 100 percent

Not only did the price of fat and bread increase drastically in one year, consumer prices were 24.5 percent higher in Hungary by December 2022 than in the same period...

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American peanuts: the formula for success

Peanuts are part of our lives not only in the form of snacks or peanut butter, but also as a source of protein, as they and their derivatives offer many...

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Hungarians don’t skimp on eating meat

People are willing to save on utilities, but only a few are willing to save on meat, according to a representative survey conducted by the Human-Environment Transaction Institute of ELTE...

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The increase in the price not only of food, but also of raw materials was much higher than in other EU countries

Inflation broke decade-long records in most European countries last year, a substantial part of which was caused by the increase in the price of food. And food inflation can largely...

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Cocoa cultivation cannot be sustainable without systemic changes

CPGs are not doing enough to ensure that growers who supply the ingredient are paid fairly, argued the Voice Network’s biannual Cocoa Barometer report. In a report released last month,...

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The stakes are even higher in the 2023 program of Samsung and EdisonKids

Samsung and EdisonKids invite Hungarian youth to future planning and creative problem solving. The challenge, launched for the third time this year, is a unique opportunity for students to collaborate...

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One in five opting for non-alcoholic beers as drink of choice, Budweiser research finds

One in five (21%) of people would opt for non-alcoholic beer as their drink of choice at a social event, new research has found. According to a report from the...

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New checkout concept at Aldi Süd in Germany

Cash registers with double slides will make shopping in Aldi Süd stores more efficient and pleasant in the future. The concept has recently been tested in 30 stores in Germany...

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High egg prices have shoppers boiling

Eggs have recently made the headlines for both an acute shortage of the supermarket staple along with skyrocketing prices across the country. Egg prices rose more than 11% in December...

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These 40 products rose in price the most in Hungary

Hungary’s 24.5 percent inflation, which is a record within the European Union, is mainly seen in the area of food and utilities: according to the Central Statistical Office, food (44.8...

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Tamás Éder: Assistance to butcher shops is not a lasting solution

According to Tamás Édes, president of the Hungarian Meat Industry Association, it is a serious problem that the demand for meat has decreased due to inflation, while the costs of...

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Nestlé will create 250 new jobs in Bük with an investment of HUF 140 billion

With a HUF 140 billion capacity expansion investment, Nestlé Hungária Kft. will create 250 new jobs at its Büki site, Minister of Foreign Affairs and Trade Péter Szijjártó announced on...

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Inflation accelerated to 24.5%

Significantly below expectations, inflation jumped to 24.5% in December, which was primarily caused by the cancellation of official fuel prices, but the rise in food prices also continued to accelerate....

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Despite rising food prices, the German economy “held up well”

According to the first estimate of the German statistical office, the German economy grew slightly more than experts expected last year mainly due to the positive consequences of the catch-up...

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From Sunday, you can only pay in euros in Croatia

Croatia joined the Eurozone on January 1st, and after the two-week transition period, payments can only be made in euros in the country from Sunday, wrote the Croatian daily Vecernji...

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This is how the rules on the inheritance of agricultural land changed

From January 1, 2023, new, special regulations came into force based on a law adopted in 2021. The new regulation, effective from January 1 of this year, applies only to...

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OTC products is a booming category

ültek még inkább előtérbe. A szegmens szárnyalása folyamatos, annak ellenére, hogy a szinte minden kategóriát érintő alapanyaghiány ezt a területet sem kímélte, ami főként a termékek csomagolásában hozott kisebb-nagyobb változásokat....

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The durable and transparent packaging is the winner – results on the soup paste dry pasta Product sample

We asked the reviewers during the soup paste dry pasta Product Sample how important they consider packaging and presentation when buying pasta, and also on what basis they choose the...

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Agro-Ferr Kft. increases its production with the help of support.

Agro-Ferr Kft. is increasing its production by about 10 percent this year, and plans to produce six million liters of milk by the end of the year. The family business...

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A reduction in the VAT on food was suggested as a solution

According to Lajos Korózs, the vice president of the MSZP, the general sales tax (VAT) on basic foodstuffs should be reduced to zero percent. Meanwhile, Jobbik also proposed the reduction...

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Giant Food joins forces with Loop for reusable packaging

Ahold Delhaize subsidiary Giant Food is offering more than 20 products from 20 leading consumer brands in reusable containers instead of single-use packaging, in partnership with Loop, the circular reuse platform...

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In Germany Wolt plans to serve retail too

Courier service Wolt is getting ready to team up with retailers in Germany. With the help of the Wolt-Drive programme, every retailer can offer the delivery service of Wolt to...

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SZÉP card traffic increased significantly last year

SZÉP card traffic increased significantly last year, cardholders spent the most out of pocket on hospitality – the card issuers informed MTI. Last year, the turnover of the K&H SZÉP...

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Mars Petcare, Broad Institute Launch New Genome Project For Pets

A new initiative is being planned that could eventually lead to the creation of one of the largest open access cat and dog genome databases in the world.   Mars...

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