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Sustainability and Hungarian companies

GKI Economic Research did a representative survey in May 2022, with the participation of 964 companies that employ more than 5 people. The topic was the environmental consciousness and the...

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Association of Hungarian Shopping Centers: many shops are in big trouble right now

Due to the extraordinary circumstances in some shopping centers, for example, the temperature of the common areas was raised by a few degrees during the summer, the shops were informed...

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The Agricultural Széchenyi Investment Loan Program MAX

The new, highly state-supported loan product can be widely used for agricultural investment credit purposes and for the acquisition of related working capital. A loan with a particularly favorable interest...

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For the domestic fruit and vegetable processing industry, the energy subsidy comes late

In a statement, FruitVeB welcomes the government’s efforts to help the processing industry and proposes 25% of the annual cost increase as the basis for calculating the subsidy. At the...

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Amazon to match Tesco’s prices

In a new scheme from Amazon Fresh, which delivers groceries to Amazon Prime members, the service will match its prices to Tesco Clubcard deals on everyday items. As the economic...

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They’e experimenting with growing half a thousand varieties of figs in Becsehely in Zala

About half a thousand varieties of figs are being experimented with in Becsehely, Zala county, where almost half a hundred varieties were judged by professionals and laymen on Tuesday; they...

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Every third organization expects a recovery in the Hungarian economy within two years

More than a thousand domestic organizations operating in the field of farming, management and HR have declared what effects they expect in the shadow of the Russian-Ukrainian war. The online...

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UK: Half of Consumers Trading Down to Value Alternatives

Around half of UK consumers are trading down to value alternatives as a result of the ongoing cost-of-living crisis, new research has revealed. According to the Retail Economics-HyperJar Cost of...

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Workers from Nepal pick apples in Croatia

Tractors are parked in one of the largest Croatian orchards. Baskets are empty. Six thousand tons of Fuji, Breborn, Jonagold, Golden delicious, Granny smith and Gala are waiting on the...

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SPAR Announces International Partnership Agreement Food Tech Firm Whywaste

SPAR has announced an international partnership with food tech company Whywaste as the retailer seeks to boost its food waste reduction efforts. The partnership will see SPAR using Whywaste’s digital solutions in day-to-day operations to...

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Bread, meat, cheese, beer, and tea rose in price the most in Hungary within the EU

There are many foods and beverages whose prices in Hungary have increased most brutally in one year, examining the entire European Union. The price of bread is skyrocketing, but also...

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Payment Experience Report: 6 out of 10 of us have made purchases while lying in bed, but at least it was planned

Based on this year’s report of the Payment Experience Report, online shopping is beginning to find its physical place in our lives: our bedroom has clearly become the main scene...

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Despite the price cap, sour cream, beer and eggs are cheaper even in Germany than here

According to the data of the German Federal Statistical Office (Destatis), the August inflation rate in Germany was 7.9%, which means that the rate of monetary deterioration continued to rise,...

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Emese Antal: “Personalisation is one of the main future nutrition trends”

Trade magazin’s Business Podcast, Future Talks with Szilvia Krizsó continues In the latest episode of the Future Talks podcast Emese Antal, dietitian, sociologist and the director of TÉT Platform was...

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Cereal wonders for health and a flavour experience

Dorottya Fanni Bereczki, Nestlé Hungária Kft.’s brand manager told our magazine that there was a little growth in the cereal market in the first 6 months of 2022. “Value sales...

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A klímaváltozás a kiskereskedelmet is érinti

Climate change is no longer a question, but a fact that presents economic actors with a multitude of tasks. The operation and performance of companies is already affected by climate...

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Czech food company I Love Hummus is called Beavia from now on

Established in 2011, I Love Hummus introduced hummus and kimchi to Czech consumers. In 2021, to celebrate the tenth anniversary of the founding of the company, they decided to launch...

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The legislation on support for feed transport has been published

A decree developed on the basis of the decision of the Drought Emergency Task Force has been published, which provides assistance in financing the transport costs of bulk feed for...

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The unity of the farmers helps the Hungarian countryside through all difficulties

Although the challenges have been increasing for years, the unity of the farmers will help the Hungarian countryside through all the difficulties – said the Minister of Agriculture at the...

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The future belongs to farmers who can learn, change and cooperate

The farming community can only ensure the prosperity of its family and the Hungarians who have been living and producing and farming here for centuries, said Minister of Agriculture István...

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Food inflation: Rice under pressure, prices expected to boil over

Severe disruptions in global rice suppliers combined with a soaring demand for the grain could break the fragile balance between supply and demand, leading to price increases and, once again,...

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Ferrero to build strategic R&D laboratory in Chicago

Ferrero plans to build an innovation centre in Chicago. The new 4,180m² laboratory will bring together Ferrero’s R&D teams from across the USA. About 170 people will work in the new...

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Report on the 2022 corn seed situation

The 2022 corn cultivation and seed propagation were basically determined by the lack of rainfall and the heat. In some regions, after July 2021, there was no significant rainfall during...

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Prime Minister’s Cabinet Office: the protection of the domestic and European honey market is extremely important

The protection of the domestic and European honey market is extremely important, the Prime Minister’s Cabinet Office told MTI on Friday. According to the announcement, beekeepers, like all actors in...

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Three Quarters Of Consumers Have Scanned A QR Code On A Food Or Drink Produc

Some 75% of consumers say that they have scanned a QR code on a food or drink product, with half doing so regularly, a new study by market research firm...

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Smurfit Kappa Acquires PaperBox, Rio de Janeiro Packaging Plant

Smurfit Kappa has announced that it has acquired PaperBox, a packaging plant located in Rio de Janeiro, Brazil. According to the paper-based packaging firm, the transaction – subject to the...

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Euro Zone Inflation Confirmed At 9.1% As Energy, Food Prices Surge

Euro zone inflation hit another record high of 9.1% in August, EU statistics office Eurostat confirmed on Friday, driven by sharply higher energy and food prices, and was likely headed...

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Government information: the food price cap remains

The government held an all-day meeting on Saturday, but the most important decisions were made already in the morning, said Gergely Gulyás at the extraordinary government briefing on Saturday, which...

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Lidl customers have been shifting their grocery shopping to Aldi in UK

Lidl customers have been shifting their grocery shopping to Aldi as £8.1 million of spend has switched over to the rival discount retailer in the 12 weeks to 4 September. The figure...

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