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EU Parliament wants to extend the new law

Members of the European Parliament have backed a proposal for a law that would ban the sale of agricultural products linked to deforestation. Once the law is approved, businesses will be required...

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The agricultural chambers of the v4 countries call for united action in order to overcome the historic challenges facing the sector

At their meeting in Prague, the agricultural chambers of the V4 countries called on the European Commission to review the “Farm to Fork” strategy. In their opinion, the measures planned...

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Lidl Portugal to install Locky parcel lockers in 100 stores

CTT Group’s new locker company Locky and Lidl Portugal have agreed to partner for the installation of 100 lockers in 100 Lidl stores until the end of 2022. Customers can...

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Evian sparkling water was the British favourite this summer

Evian Sparkling water has been named the best-selling FMCG item according to their July sales data, contributing over £740,000 to the total waters category. Following the Evian Sparkling launch earlier this year...

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Your restaurant, my future

In the last 10 years culinary trends also started going in a sustainable direction. What does running a restaurant sustainably mean? Sourcing is essential, as according to a life cycle...

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Many companies are are turning cloud computing to save money

In many ways, Hungary is the market leader in the region in cloud services. Cloud computing is typically fueled by the desire to reduce costs, a new research shows. In...

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The future of the Hungarian food industry is in focus

The population needs safe and high-quality Hungarian food. For this, it is necessary to ensure the conditions, such as continuous industry communication, changing regulations that adapt to market needs, or...

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M&S stops putting best before dates on fruit and vegetables

Marks & Spencer is removing best before dates from the labelling of over 300 fruit and vegetable SKUs, which comprise 85% of its fresh-produce offering, in order to reduce food...

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It’s important to deliver safe domestic food to consumers

It’s important for the Hungarian government that safe domestic food reaches consumers, and the existence of farmers’ markets helps this – emphasized Márton Nobilis, the State Secretary responsible for the...

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K&H: sharp increase in traffic for smart device payments, but this is only the beginning

Although it would be too early to retire physical bank cards, in the longer term there is a good chance that smart device payments will decline, as they are showing...

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Dunapack works mainly from recycled paper, and the supply of raw materials is guaranteed

Dunapack decided two years ago to build the group’s most modern corrugated packaging plant, as always, considering sustainability as key to future business development. The gradual ramp-up of production will...

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Many people launch new companies in Dubai after KATA

The changes in the itemized tax of low-tax businesses, i.e. the kata, encourage many involved entrepreneurs to rethink their operations and how they could continue their activities so that the...

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The purchase price of elderberry fell to a quarter of last year’s price

Instead of last year’s price of 600-800 forints, buyers are offering only 150-200 forints for a kilogram of elderberry this year, despite the fact that due to the severe drought,...

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The plum season is in full swing: despite the spring frost and the summer drought, the harvest is close to average

The European Fresh Team – the educational program of the National Chamber of Agriculture promoting the consumption of vegetables and fruits – and its athlete ambassador, Attila Valter, got to...

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Italian farmers are in trouble, Italian food specialties may disappear from the shops

Italy’s largest farmers’ union, Coldiretti, says immediate measures are needed to save the agri-food industry. The organization invited Minister of Economy Daniele Franco and Minister of Economic Development Giancarlo Giorgetti...

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The environmental assessment document of the KAP Strategic Plan can be commented on

The Ministry of Agriculture released the KAP Strategic Plan’s environmental assessment document for public debate. Deadline for comments: October 3, 2022. The Ministry of Agriculture prepared the KAP Strategic Plan,...

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The cabinet can decide the fate of the price cap as early as this weekend

Will the price cap remain or will a new world come from October? According to VG, there is a good chance that the cabinet will meet this weekend. Next week...

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There is a huge shortage of sugar in domestic stores due to the price cap

Granulated sugar has been in short supply in many stores for weeks – we learn from RTL Híradó. In a chain store in Budapest, they don’t even know when they...

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McKinsey: The digital economy in Hungary has expanded by 50 percent in four years

The performance of the digital economy in Hungary increased by 50 percent, from 6.6 billion euros to 9.8 billion euros, between 2017 and 2021, according to the McKinsey consulting firm’s...

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President Biden issues executive order supporting the advancement of alternative proteins

This week, President Biden signed an executive order aimed at advancing US leadership in biotechnology and biomanufacturing, which includes exploring new innovations in the agricultural sector, and specifically mentions the advancement of...

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Premiumisation postponed

COVID-19 brought a growth in both coffee value and volume sales, because people spent more time at home. In 2022 coffee companies had to increase prices due to global economic...

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New-wave Hungarian honeys

And let there be Flower Peace! Honeys that are delicious, honeys that are quality, honeys that are different! These are the products of the new-wave Hungarian honey brand, Virágbéke Mez...

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DHL’s Global Trade Atlas analyses data from 173 countries

DHL and NYU Stern School of Business have published the new DHL Trade Growth Atlas, which maps the most important trends and prospects of global trade in goods. The report covers 173 countries, providing...

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Product innovation gains momentum at Gergely Food

Traditions and reforms: both of them are characteristic of the product innovation work by 100% Hungarian-owned Gergely Food Kft. The company even does market research to be familiar with the...

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The price increase in the construction industry is enormous, it is worth postponing investments

The increase in prices in the construction industry was more than double the increase in consumer prices in the first half of this year compared to the same period last...

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According to the OVF, this year’s drought was severe, but not extraordinary

Although this year’s drought was very severe, it cannot be considered extraordinary: droughts of similar severity occur in Hungary every 20-50 years – states the National Water Directorate General (OVF)...

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Plant science research technology was developed at the Georgikon in Keszthely

Technological development, which includes high-tech elements and serves research and agricultural purposes, was carried out with an investment of more than HUF 900 million at the Georgikon Campus of the...

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UK Food and Beverage Sector Buyouts Sees Almost 30% Decline

Merger and acquisition deals within the UK’s food and beverage sector have dropped by 29% following a difficult trading environment which has seen retailers increasing prices to mitigate inflationary cost...

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Fighting drought is a strategic issue

In addition to Hungary’s climate conditions, the fight against drought is a strategic issue at the level of the national economy, the Minister of Agriculture said on Thursday in Nádudvar....

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Starbucks considers selling its UK business

Starbucks is exploring a sale of its UK business, as costs are skyrocketing and competition is getting stronger. The coffee chain has hired adviser Houlihan Lokey to find parties interested...

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