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Uzbek Retailer Korzinka Secures Investment Of $110m
Uzbek-based retailer Korzinka has obtained a minority investment of $100 million (€91.3 million) to drive growth across its multichannel retail model in the country. The investment is backed by Abu...
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Starbucks shakes up RTD lineup with energy drinks
The world’s largest coffee chain is seeking a bigger slice of the ready-to-drink beverage category by rolling out a new energy drink lineup that competes with players like Celsius. Starbucks...
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Agricultural subsidies offer opportunities for all producers
Short supply chains strengthen the local economy, food self-sufficiency, contribute to sustainability and help strengthen traditions – said Sándor Farkas, Deputy Minister of Agriculture at the 16th Danube-Tisza Public Agricultural...
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AM: partial payments in the Agro-ecological Program are progressing at a steady pace
A total of 12 billion forints worth of partial payments have been completed for 4,109 applicants in the Agro-ecological Program (AÖP). This means that the affected farmers have received support...
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Kaufland expands marketplace to France and Italy
The Kaufland online marketplace set to be launched in France and Italy from late summer 2025, the company announced. The expansion will increase the number of potential online shoppers reached...
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AM: Government encourages the restart of livestock farming with compensation once the danger has passed
The government’s priority goal is to stop the foot-and-mouth disease virus as soon as possible and to compensate the affected farmers. After the exemption, once the danger has passed, it...
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High-quality Hungarian asparagus is a sought-after product on both domestic and export markets
There is a huge demand for high-quality Hungarian asparagus on both domestic and export markets. Although the overall production area is showing a decreasing trend, the quantity produced for export...
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The “Promotion of the Year 2025” awards were presented on Promotions Day
The “Promotion of the Year 2025” competition, organized by Trade magazine, was held for the 17th time this year. The results were announced during a full-day conference dedicated to the...
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Hungary remains a recommended investment destination
Hungary’s financial situation is stable, and our country remains a recommended investment destination. Standard and Poor’s, the international credit rating agency, has once again affirmed Hungary’s sovereign debt rating and...
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Trump tariffs will also affect the pharmaceutical industry
Donald Trump’s new tariff plan aims to curb drug imports and revive American manufacturing – but experts say the price could be drug shortages and skyrocketing prices – the article...
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This could be the reason for the dramatic decline in red wine consumption
In recent years, there has been a noticeable decline in red wine consumption worldwide – and not just because of fashion or a change in taste. Analysts certainly agree on...
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Cruel market realities, fading loyalty in the beauty industry
Ten years in the railway industry, fifteen in the beauty industry, yet she doesn’t believe in the label of “female entrepreneur”. According to the founder of Vintage Beauty, small companies...
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NAGISZ Group switches to broiler chickens: a new era begins in domestic poultry farming
Due to bird flu and changed market demands, NAGISZ’s poultry sector is completely transformed – following the 40 billion forint investment, nearly 20 million slaughter chickens will be produced annually...
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Breaking News: Hungarian Gösser Spritz display is two-time POP world champion
Hungarian creativity proves to be competitive and internationally recognized in the point-of-purchase marketing industry. This year, the domestic POP sector can be proud of winning two world championship titles. In...
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Hidden pitfalls of Easter chocolate shopping: 3 warning signs to watch out for
As Easter approaches, store shelves are filled with colorful chocolate bunnies and eggs – and it’s no coincidence that this is the second-largest chocolate-consuming season of the year after Halloween....
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Consumers can find a rich selection of vegetables in the period before Easter
Domestic stores await customers with a rich selection of vegetables, and domestically grown spring onions, radishes and lettuce can also be the jewel of the Easter table. According to the...
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MBH Bank further strengthened its role in agricultural financing
Despite the less favorable market and production environment, MBH Bank further strengthened its role in financing the agricultural sector, with its loan portfolio performing better than the market average in...
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Mondelēz investing $79M in Switzerland Toblerone factory
The snacks maker said the investment will help its goal of becoming the top chocolate company by 2030 and further grow Toblerone within the premium space, Food Dive reported. Mondelēz...
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Romania tightens precautions against foot-and-mouth disease
Due to the spread of the foot-and-mouth disease virus in Europe, Romania has tightened precautions against foot-and-mouth disease, and has, among other things, ordered a ban on the import of...
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Partial payments in the Agro-ecological Program are progressing at a steady pace
A total of 12 billion forints worth of partial payments have been completed for 4,109 applicants in the Agro-ecological Program (AÖP). This means that the affected farmers have received support...
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Hungarian customers are increasingly demanding
With consumer awareness growing, the demand for quality and smaller-packaged ham products is increasing, according to a survey published on Thursday by the National Chamber of Agriculture (NAK) and the...
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The Hungarian horseradish crop is sufficient to serve more than half of the European market.
As Easter approaches, the demand for various grated horseradish products starts to increase exponentially every year. Hungary leads the European Union in horseradish production: the Hungarian crop is sufficient to...
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Mushroom consumption is increasing both in Europe and at home
EU mushroom production has exceeded one million tons, and Hungary is also taking an increasingly large slice of it. Demand is growing, but growers are facing serious challenges, and collectors...
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Coca-Cola’s iconic “famous” bottles are back!
Remember when you could add your own name or the name of your loved ones to the iconic Coca-Cola logo on your bottle? The unique campaign first ran in 2011,...
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Hungarian food specialties can also be found at the Food and Hotel Asia exhibition in Singapore
The Food and Hotel Asia (FHA) exhibition opened in Singapore this year, where six Hungarian exhibitors are present at the stand of Agrármarketing Centrum Nonprofit Kft. (AMC), AMC told MTI....
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The National Hungarian Beekeeping Association warns of the dangers of the Asian horse hornet
The National Hungarian Beekeeping Association (OMME) has drawn the attention of the public to the appearance of the Asian horse hornet (Vespa velutina) in Hungary – agrokult.hu wrote, based on...
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Clothes, fragrances and emotions
IldikóThere is still strong growth on the fabric softener market: according to NIQ data for January-December 2024, value sales were up 9.2% and the volume sales growth was 2%. Manufacturer...
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Guide to the Certification interface of the National soil database
With the help of the national soil database, farmers can access the soil test data on their lands and monitor their condition. The requirement of the system is that the...
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