News and articles
István Nagy: European agricultural production and trade must be protected
European agricultural production and trade must be protected, the extension of the autonomous trade liberalization measure (ATM regulation) is unacceptable, the Minister of Agriculture wrote on his social media page...
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Private Label Market Share Reaches Record High In Italian Retailers
Retailers in Italy are increasingly turning to private-label products to help counter inflation and the loss of purchasing power of Italians, who have long been fond of big brands. The...
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Polish minister: the EU green agreement is too much of a burden for Polish agriculture
The European Green Agreement is too much of a burden for Polish agriculture, the Ministry of Agriculture in Warsaw will strive to change this, Minister of Agriculture Czeslaw Siekierski announced...
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Nestlé Introduces First KitKat Using Cocoa From Income Accelerator
Nestlé has announced the introduction of the first KitKat bars produced from cocoa mass made from beans grown by farmer families engaged in the company’s income accelerator, to European markets....
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Target to add 1K wellness products to offering
The retailer is introducing hundreds of exclusive items and has also launched an online wellness destination. Target plans to add more than 1,000 new wellness-related products, the retailer announced Wednesday....
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More improvements to the eGN system
The National Food Chain Safety Office (Nébih) informs users that the new version of the eGN system went live on January 26. The newly released version of the program fixes...
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LG’s innovations were honored with several awards at CES 2024
LG Electronics (LG) received more than 200 awards and recognitions at this year’s CES for its many innovations and technological breakthroughs in consumer electronics, consumer electronics and B2B solutions. LG...
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All-day water bottle – Picture of the day
The Hibear company created perhaps the most versatile water bottle in the world. The stainless steel insulated All-Day Adventure Flask 32 oz. (narrow 1 liter) capacity, teas and cocktails can...
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An insulated hall was created at the premises of Állatház Kft. in Alsótold
An isolation hall was set up at the site of Állatház Kft., which deals with the testing of animal medicines, in Alsótold, Nógrád County; for the investment with a total budget...
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MGyT: peppermint is the herb of the year
The Medicinal Plant Department of the Hungarian Pharmaceutical Society (MGyT) has chosen peppermint as the medicinal plant of the year in 2024, the organization announced to MTI on Saturday. According...
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NAK: the Hungarians unitedly supported the domestic farmers in the national consultation
The Hungarians unitedly stood up for the domestic farmers in the national consultation – the president of the National Chamber of Agrarian Economy (NAK) wrote on his Facebook page on...
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Another “I love trade marketing” conference
This year, on February 15, we are holding a large online meeting of the trade marketing profession, entitled “Beyond Inflation”. The all-day event is also free of charge this time,...
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Márton Nobilis: the food industry is an important strategic sector
The food industry is an important strategic sector, which also determines the sovereignty of a country – said Márton Nobilis, the State Secretary responsible for the food industry and trade...
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Nearly 30,000 boxes of puzzles reached the needy with Auchan’s Christmas charity campaign
Auchan’s charity campaign ended at the end of December, as a result of which nearly 30,000 puzzle boxes were distributed to needy families, children, adults and the elderly. We were...
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Lidl’s sustainability report won the Green Frog award
Lidl Hungary won the 2023 Deloitte Green Frog Award, which recognizes companies with outstanding performance in the field of non-financial reporting. It is not the first time that the department...
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ALDI welcomes the new year with a total prize of HUF 30 million and a really exciting game
ALDI Hungary is raffling off prizes worth HUF 30 million among its customers. During the raffle at the beginning of the year, between January 25 and February 21, the department...
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The price of the chips clearly shows the problematic nature of the pricing policy shaping retail trade
The drastic difference in prices of Pringles chips between Hungary and Spain reflects the complexity of the taxation system and VAT rates. The price differences between the two countries have...
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Manufacturers and traders are forced to pay the price of the Red Sea crisis
The world market situation poses challenges to large American and European manufacturing and trading companies that are difficult to find answers to. The focus is on the Red Sea crisis,...
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Heineken has announced a big change
Heineken, the beer company present in many countries around the world, has now announced an ambitious partnership with Siemens, which aims to achieve net zero emissions by 2030 in all...
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Businesses are expecting double-digit “corporate inflation” this year – they are looking for a way out with organizational development and export markets
“Anyone who has survived the past year or two as an entrepreneur in Hungary is considered a real hero,” says András Avidor, business development and networking expert. Moreover, according to...
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The Muslim world announced a boycott against several food chains and fast food restaurants
A widespread boycott has been launched in the Muslim world against American and Western European brands, such as Starbucks, McDonald’s, Coca-Cola, Pepsi-Cola, Procter & Gamble, and the French Carrefour. The...
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Budapest’s new cake
Twenty exciting confectionery creations competed in this year’s official birthday cake of Budapest contest, with the 2023 title going to the cake called Natalis, made by Csilla Müller from Belvárosi...
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Instead of the expected improvement, consumer sentiment in Germany worsened
Instead of the expected improvement, the German consumer sentiment index for February of the GfK and NIM (Nürnberg Institut für Marktentscheidungen) market research institutes fell to an almost one-year low....
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Ursula von der Leyen: the agri-food industry needs a long-term perspective
The agri-food industry in Europe needs a long-term perspective and predictable development, which is why the European Union is launching a strategic dialogue on the future of agriculture, said Ursula...
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Alpár Gyopáros: the villages are our future
Villages are our future, they have great potential, because they can provide a quality of life and have a community that cannot be experienced in big cities – said Alpár...
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NGM: State Secretary Gergely Fábián received a delegation of Italian agricultural and food industry associations
Gergely Fábián, the State Secretary responsible for industrial policy and technology of the Ministry of National Economy (NGM), received the representatives of the Italian agricultural and food industry associations Coldiretti...
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MAGOSZ and NAK negotiated with the largest Italian agricultural interest representation
The leadership of Coldiretti, the largest Italian agricultural interest representation, was received by István Jakab, president of MAGOSZ, and Balázs Győrffy, president of the National Chamber of Agriculture. According to Ettore...
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Companies are at risk of double taxation due to global tax reforms
Worldwide, transfer pricing conditions are becoming increasingly unpredictable due to global tax reforms and inflation, according to EY’s survey of 1,000 large company executives in more than 40 countries, including...
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The number of employees increased by 21 thousand, we took another step towards reaching the 85 percent activity rate
According to the data of the Central Statistical Office (KSH), the number of employees increased to 4.723 million in December 2023, so there are 21 thousand more people working than...
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