Market News
TOP 50 marketing and TOP 50 PR managers: women at the forefront
Date: 2024-09-20 11:30:58
This year, female top managers were at the top of both communication top lists, the rankings including marketing managers and PR managers, according to the compilation of the Marketing&Média communication...
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Salespeople are more important than ever before
Date: 2024-09-20 11:26:11
Pressure caused by the difficult economic environment is making the role of salespeople more important at companies. The logical response of firms to the turbulent economic situation is to strengthen...
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Shopping experience and social responsibility – AI in the beauty industry
Date: 2024-09-20 11:09:52
AI-driven developments are booming in every sector and the beauty industry is no exception. AI technology has fundamentally transformed the way consumers interact with beauty products, together with the way...
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UK’s Co-op expands its franchise network in partnership with EG On The Move
Date: 2024-09-20 10:19:45
Co-op UK has opened a new store as part of a new franchise agreement with petrol station network EG On The Move. The petrol station and store will offer electric...
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Refresco snaps up plant-based drinks company Frías Nutrición
Date: 2024-09-20 10:17:22
Dutch company Refresco has acquired Spanish plant-based drinks producer Frías Nutrición from its owner, a private equity investor. This article is available for reading in Trade magazin 2024/8-9 The parties...
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Coca-Cola and Bacardi partner on ready-to-drink cocktail
Date: 2024-09-20 09:39:06
The premixed beverage will be sold in several markets worldwide in 2025, with the initial launch planned for Mexico and select European markets. Coca-Cola and Bacardi plan to launch a...
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AI in the FMCG sector: companies need to act now!
Date: 2024-09-19 12:50:29
At Trade magazin’s Innovation Day conference editor-in-chief Zsuzsanna Hermann interviewed Dr György Tilesch, a global AI expert based in California and founding president of the PHI Institute for Augmented Intelligence....
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Opinions are now open on the call for support for ecological farming
Date: 2024-09-19 12:01:27
Agricultural subsidies co-financed by the European Union within the framework of the new Common Agricultural Policy Strategy Plan (KAP ST) provide greater benefits than ever before to those producers who...
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Vegetable prices have risen drastically due to the drought, and dairy products are also expected to rise in price
Date: 2024-09-19 11:53:59
As a result of the extreme weather, the drought significantly reduced the vegetable harvest, which led to a drastic price increase in the markets. The biggest price increase can be...
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Inclusive and fair workplaces can apply for the prestigious HBLF award
Date: 2024-09-19 11:38:44
Twenty years ago, the European Diversity Charter initiative was launched, which aims to support the spread of an inclusive, diverse and fair workplace culture. In Hungary, the Hungarian Business Leaders...
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Nestlé, Mars Wrigley and Ferrero support the EU deforestation regulation
Date: 2024-09-19 11:25:47
From 30 December the EU’s deforestation regulation requires companies selling cocoa, coffee, palm oil and other products in the EU to prove that their supply chains aren’t contributing to deforestation....
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The number of bank card payments is soaring, the use of cash is decreasing in Hungary
Date: 2024-09-19 11:21:47
In the past year, the number of merchants accepting bank card payments increased significantly in Hungary, while the proportion of cash withdrawals continued to decrease, according to recent data from...
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Beyond Meat’s latest product doesn’t intend to imitate meat
Date: 2024-09-19 11:15:51
Beyond Meat has unveiled its latest product, Sun Sausage, which doesn’t want to imitate beef, pork or poultry. This article is available for reading in Trade magazin 2024/8-9 The company...
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NGM: the rules for the employment of guest workers may be further tightened
Date: 2024-09-19 10:37:16
In order to protect Hungarian workers and their families as strongly as possible, the rules for the employment of guest workers may be further tightened. The social consultation of the...
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Ricola to take over Hero Group production plant
Date: 2024-09-19 09:56:58
The cough drops maker said it plans to create up to 40 jobs in Lenzburg. Herbal sweets maker Ricola Group has acquired a production plant in Switzerland from Hero Group....
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7-Eleven Philippines teams up with Pokémon for merch and in-store experience
Date: 2024-09-19 09:51:22
7-Eleven Philippines has partnered with Japanese gaming and character franchise Pokémon to introduce special merchandise and themed stores, aiming to build a sense of community among its customers. Pokémon –...
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DIA To Invest €200m In Meat From Spanish Suppliers In 2024
Date: 2024-09-19 09:31:37
DIA will purchase meat worth €200 million from Spanish suppliers in 2024 as part of its commitment to focus on regional livestock. The initiative is part of DIA’s commitment to...
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Aldi Suisse cuts back on non-food
Date: 2024-09-19 09:31:30
Aldi in Switzerland introduces major adaptations to its store layout. The discounter reduces the floor area of non-food promotions due to falling demand. In return, Aldi allocates more space for...
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Arabica coffee in the shadow of climate change – the future of production is in dange
Date: 2024-09-18 12:15:12
Arabica coffee is the world’s second most valuable commodity after oil, and more than 120 million people depend on its cultivation for their livelihoods. Global demand is growing every year,...
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The situation of game meat in Hungary: it is healthy, but we hardly eat it
Date: 2024-09-18 12:10:36
Game meat is a rarity in everyday meals in Hungary, even though the country’s annual turnover is close to 800 tons. Despite this, the Hungarian population consumes only 30-40 dekagrams...
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AM: two hundred billion forints are available for agricultural and food industry developments
Date: 2024-09-18 12:07:17
From September 17, businesses can apply for two new calls worth a total of 200 billion forints: 150 billion forints are available for supporting the complex development of processing plants,...
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Price sensitivity of vegetable consumption: new trends among Hungarian consumers
Date: 2024-09-18 12:03:56
In the midst of the inflationary crisis, Hungarian customers pay more and more attention to the price and quantity of vegetables and fruits, which is why promotions continue to play...
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The war situation in Ukraine affects the food supply of the entire Earth
Date: 2024-09-18 11:59:28
Almost 140,000 square kilometers of land have been demined in Ukraine, which is larger than the whole of Great Britain. The elimination of minefields not only hinders the reconstruction of...
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Brexit – Study: British trade with the EU fell sharply
Date: 2024-09-18 11:43:30
The value of bilateral trade between the European Union and Great Britain has fallen sharply since the termination of British EU membership (Brexit), according to a comprehensive study presented on...
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AI is already knocking on the kitchen door
Date: 2024-09-18 11:40:15
The new generation of Samsung household appliances can redefine the concept of kitchen with the help of AI. This article is available for reading in Trade magazin 2024/8-9 Thanks to...
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EU regulation on artificial intelligence published in July
Date: 2024-09-18 11:22:55
On 12 July the EU’s AI Act was published, which is the world’s first truly comprehensive, sector-neutral legislation on artificial intelligence technology. This article is available for reading in Trade...
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SME development: the corporate use of artificial intelligence must be encouraged
Date: 2024-09-18 11:19:59
The government’s priority goal is to improve the competitiveness of domestic SMEs, and for this the corporate use of artificial intelligence (AI) must be encouraged – said the Minister of...
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Rice may become more expensive
Date: 2024-09-18 11:06:05
The Government of India has considered easing export restrictions on non-basmati rice and other agricultural products to ease the plight of distressed producers and traders. The country’s economy relies heavily...
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Dimensional change in banking: AI-based banks are coming
Date: 2024-09-18 11:05:34
The next major transformation of the banking sector can be brought about by generative and agentic artificial intelligence (AI) technologies, emphasized Éva Hegedüs, President and CEO of Gránit Bank, at...
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Good wheat harvest this year
Date: 2024-09-18 10:16:29
In its July forecast, the International Grains Council (IGC) predicts a global wheat crop of 801 million tonnes for the 2024-2025 financial year, up 1% vs. the previous season. This...
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