Events

33% of holiday shoppers plan to spend less this year: Bankrate

Concerns around high interest rates and inflation are stressing consumers’ budgets, according to a recent report. Bankrate’s recent holiday report indicates how inflation and other macroeconomic factors are putting pressure on...

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The report on the KAP strategic dialogue is unacceptable

The V4 agricultural chambers call on the leadership of the European Farmers and European Producer Cooperatives (Copa-Cogeca) to withdraw their support for the report on the strategic dialogue of the...

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Danone moves part of yogurt drinks production to Romania

The Tetra Pak format of the YoPro drinks is now being manufactured there for markets in central and eastern Europe. Danone has relocated part of its production of YoPro drinkable...

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Organic farming is the key to agricultural sustainability

The Ministry of Agriculture supports the advancement of organic farming in Hungary in every possible way, because in the KAP Strategic Plan, it undertook that by 2027 the proportion of...

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KSH: in August, consumer prices increased by 3.4 percent on average compared to the same month of the previous year

In August 2024, they exceeded a year earlier by an average of 3.4 percent, and consumer prices did not change on average compared to July, the Central Statistical Office (KSH)...

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Was the chip tax successful, or how could obesity be reduced in Hungary?

More and more Hungarians struggle with excess weight. According to the latest data, unfortunately, more and more people are overweight or obese in Hungary, and with the current trend, by...

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Márton Nagy is satisfied with the rate of decrease in inflation

As in the previous months, inflation remained at a low level in line with market expectations in August – Minister of National Economy Márton Nagy evaluated the latest data in...

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Conciliation Forum of Chambers of Commerce: SMEs become the focus of economic policy

On Tuesday, the Conciliation Forum of the Chambers of Commerce held its first autumn meeting, and overall its sixth meeting, which since its establishment in January 2023 – in addition...

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Nébih: new products have been added to the expiry guide of the Maradék program

New products – such as eggs, margarine, sandwich cream, sausage, salami, ham, bacon, hard cheeses, ready meals and coffee drinks – have been added to the expiry guide of the...

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Pöttyös congratulates the Paralympic team on their success!

Sorry, this entry is only available in HU....

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Shanghai Innovation Forum: Hungarian egg innovations also received a spotlight

Hungary was the guest of honor at this year’s Shanghai Innovation Forum. The Hungarian delegation was represented by a high level of state participation, as well as the prominent location...

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Generation Z’s alcohol consumption habits and the impact of tourism on the development of alcohol trends

Tourism plays an important role for more and more countries, which contributes greatly to the economic development and job creation of the given nation. In recent years, several economic sectors...

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ESG conference: global outlook – Hungarian perspective

In December 2023 the Hungarian Parliament adopted the ESG Act by a large majority, which entered into force on 1 January 2024. A conference organised by the Climate Policy Institute...

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The EU’s common agricultural policy must focus on farmers A

ccording to Hungary’s point of view, the European Union’s common agricultural policy (CAP) should focus on farmers, the minister of agriculture said on Tuesday in Budapest, at a press conference...

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Health and superpower in a bottle

One of the fastest growing segments in recent years has been that of functional drinks. This article is available for reading in Trade magazin 2024/8-9 At Coca-Cola HBC Magyarország they...

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GVH: Innovelle Pharma cooperated, so it has to pay more than HUF 10 million less in fines

Innovelle Pharma Kft., convicted for misleading advertisements, cooperated with the Economic Competition Authority (GVH), which as a result will have to pay a fine of HUF 36,450,000 less, as a...

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The price of eggs has dropped significantly

Based on data from the European Commission, EU (EU27) egg and egg product imports increased by 23 percent to 47,000 tons in the first five months of 2024 compared to...

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DS Smith invests more than EUR 50m in Portugal

DS Smith has invested more than EUR 50m in its Portuguese facilities over the past three years to promote innovation, sustainability and the circular economy, with a special focus on...

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The call for tenders to support plantations has opened

Applications for support can now be submitted for the “Horticulture – support for planting plantations and medicinal plant cultivation” announced by the Ministry of Agriculture with a budget of HUF...

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Carrefour Teams Up With Dubai’s Apparel Group To Expand Into India

French multinational retail giant Carrefour is launching a franchise partnership with Dubai-based Apparel Group to establish its presence in India. The partnership will be aimed at North India initially, with...

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Valeo Foods To Acquire Confectionery Firm I.D.C. Holding

Valeo Foods Group has agreed to acquire I.D.C. Holding, a producer of wafers, biscuits, chocolates and other confectionery items in Central and Eastern Europe. The deal, subject to closing conditions...

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German government develops ‘ecommerce action plan’

German Minister for Economic Affairs and Vice Chancellor Robert Habeck is working on an ecommerce action plan. With this plan, the government aims to create a level playing field between...

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Farmer-friendly agriculture is the goal of the Hungarian EU presidency

The Hungarian EU presidency is focusing on how EU agriculture can be farmer-friendly and farmer-centered, the Minister of Agriculture said on Tuesday in Budapest, before the informal meeting of the...

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K&H: 100-year average result was surpassed: nice gains in the market

There is life beyond the safest investments. In the first eight months of this year, one of the most important American stock indexes, the S&P 500, gained 20 percent in...

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Aldi UK invests record-sum in store expansion

Aldi in the UK announces a record £800 million (€ 928 million) investment in its store network. Last year, Aldi’s net sales grew by a historically high 16%, more than...

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Beef exports decreased by 24.7 percent

According to AKI’s slaughter statistics data, cattle slaughter in January-July 2024, expressed in live weight, was 10.2 percent lower than the amount in January-July 2023. Cows, which accounted for two-thirds...

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Winners of this year’s Symbol of Sustainability competition announced

Trade magazin has organised the Symbol of Sustainability competition for the fifth time. From the entries 14 winners were selected in seven categories. Symbol of Sustainability seeks to showcase successful...

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Inflation is now falling, but another increase is expected by the end of the year

Hungarian inflation eased in August, but it is expected to rise again by the end of the year, according to the analyzes of experts interviewed by Portfolio. Based on the...

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MTÜ: rural coffee houses and catering establishments specializing in non-alcoholic beverages can call for support worth HUF one billion

Around a thousand rural cafes and restaurants specializing in non-alcoholic drinks can apply for non-refundable funds worth HUF one billion from Monday, the Hungarian Tourism Agency (MTÜ) told MTI on...

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Drought-stricken vintage: smaller quantity, but outstanding quality in winemaking

The 2023 wine season was extremely special in Hungary, defined by drought and hot, sunny summer months. According to winemakers, this year’s harvest yielded a smaller quantity, but it can...

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