Company and Personal News

FMCG market exclusive for corporate decision-makers

Once again this year, Trade magazin is organizing its traditional half-day professional program for business leaders on the current affairs of the economy, at the Business Meetup&Dinner event. In the...

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Euro zone inflation was 2.4 percent in April as well after March

In accordance with what was announced in advance, the annual inflation in the euro zone was 2.4 percent in April after March, according to the final data published by Eurostat,...

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The Hungarian Marketing Association elected new board members

The defining organization of the profession, the Hungarian Marketing Association (MMSZ), organized its renewal general meeting on May 15 in Haris Park, at which the members elected an expanded, now...

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NGM: handed over high-tech developments to Fábián Gergely Sárvár

Thanks to the support of economic revitalizing investments, the Ministry of National Economy (NGM) promotes sustainable and inclusive economic growth throughout the country, thus creating higher competitiveness and new perspectives...

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Mihály Varga: the economy is entering a phase of intensive development

Having closed the extensive era, the Hungarian economy is increasingly moving into the phase of intensive development, when the added value increases significantly, said the Minister of Finance in Kaposvár,...

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Do guest workers inevitably come to Hungarian agriculture and the food industry?

Significant labor shortages and employment difficulties exist in the Hungarian agricultural and food industry sectors, which can be attributed to multiple factors. According to Dr. Kántor Gyöngyi, HR director of...

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Sustainable Hungarian cleaning products have arrived on the shelves of Auchan

CYCLE’s commitment to a sustainable lifestyle is rising to a new level, as its eco-friendly cleaning products will be distributed nationwide in Auchan stores from May. More and more people...

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“The fan is in you!” – MOL launches a campaign supporting the Hungarian national football team

Laci Lukács, Panni Epres, Peti Marics and MOL support the Hungarian national team together: the stars encourage the players with their personal vows and encourage the fans to do the...

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Double orders for one delivery fee at Wolt

Wolt, the popular technology company, has announced that its users in Hungary can now order from two different restaurants or shops in the same area at once, all under a...

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The price of olive oil may increase significantly

Olive oil prices have soared to record levels, caused by a shortage of “liquid gold” and extreme weather due to climate change, plunging the industry into crisis. This essential food...

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The price of eggs fluctuates

The trends in egg prices and consumption in Hungary are significantly cyclical, influenced by the increased demand during the Easter and Christmas seasons and a decline during the summer months....

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Continental’s Budapest factory received the “Reliable Employer” award

This year, the German-Hungarian Chamber of Industry and Commerce (DUIHK) awarded Continental Automotive Hungary Kft., the Budapest site of Continental, with the title of “Reliable Employer” – which was won...

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Customers will have more money to spend, but the economy is still not out of the crisis

This year, several new economic forecasts indicate that the Hungarian economy will achieve or even exceed regional growth averages, and the increase in real wages will once again enable consumption...

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What can be called sourdough bread will soon become tougher

Recent discussions within the Hungarian Food Codex Committee suggest changes to the regulation of the “sourdough” label, including defining the maximum amount of yeast allowed and the minimum fermentation time...

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Danish Crown in transformation: closing a slaughterhouse while creating new jobs in Denmark

Danish Crown, one of Europe’s leading meat industry companies, has announced the closure of its slaughterhouse in Ringsted but is simultaneously creating new job opportunities in Horsens, Herning, Blans, and...

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In Austria, inflation slowed down in April

The rate of annual growth of consumer prices in Austria fell to 3.5 percent, the lowest since September 2021, in April following the previous month’s 4.1 percent, in accordance with...

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Ryanair: Record profits and optimistic outlook

Ryanair has reported a 34% increase in profits for the financial year, reaching a record €1.92 billion, which exceeds the €1.905 billion forecast by analysts. This growth partly stems from...

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Graboplast: focus on new developments after stable results

Despite the increasing price competition and the challenging economic environment, Graboplast achieved a stable result in 2023, after closing last year with sales revenue of HUF 20.3 billion. The leading...

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KPMG is testing AI as a compliance specialist helping the work of consultants

Hungarian for Innovation organized by the Joint Venture Association (JVSZ). At the conference, a KPMG Hungary employee reported on their experiment, in the framework of which they supported the process...

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The AutoWallis Group’s sales of new and used vehicles in the retail trade increased above the market average in the first quarter

The sales revenue of the AutoWallis Group’s retail business increased by 9 percent above the market average in the first quarter, while the company organized its mobility-related services, which were...

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An all-around convincing performance by this year’s EuroCIS

This year’s EuroCIS – the leading trade fair for the retail technology industry – was a big success. This article is available for reading in Trade magazin 2024/5 The trade...

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Beyond Meat expands into Co-op in the UK

Beyond Meat’s plant-based alternatives are now available in 800 Co-op stores across the UK. The meat-free vegan brand’s products are available in the convenience chain’s frozen food section nationwide. Beyond...

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48 percent more fertilizer was sold than a year earlier

Fertilizer distributors sold 522,000 tons of fertilizer directly to agricultural producers in the first quarter of 2024.The volume sold was 48 percent more than a year earlier, despite this –...

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Livestock farming is not responsible for the decline in global drinking water supplies

Another false claim is spreading in the European public discourse regarding animal breeding. While the representatives of the anti-livestock narrative often claim that the sector threatens the public’s drinking water...

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From EU self-sufficient poultry products, there is no need for imports of dubious origin

In recent years, the situation of the poultry sector has been complicated by many challenges, various epidemics, declining demand due to wartime inflation, and cheap but poor-quality products that do...

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Our gluten-free favorite also competes for the KMÉ trademark

The gluten-free life is also imbued with excellence, as it is now possible to apply for the Excellent Quality trademark with rice and rice flour. Of course, the address is...

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Sweden’s Essity Invests In New Research And Development Centre

Swedish hygiene products maker Essity is investing in a new research and development centre in Alsace, France, that will focus on tissue hygiene products. Essity seeks to develop new methods...

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Häagen-Dazs – New flavours in the portfolio

In addition to the double chocolate macaron ganache and the strawberry-raspberry macaron ice creams, this year the macaron collection will also feature the blueberry-vanilla and the yuzu-lemon flavours. Contact: Maresi Foodbroker...

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The administration of vineyard school operators becomes easier with a new form

The National Food Chain Safety Office (Nébih) draws the attention of vineyard operators to the new form available on the office’s website. Nébih created the electronic registration form, which can be...

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Tesco teams up with suppliers to tackle hygiene poverty

Tesco has again joined forced with its suppliers from well-known household brands such as Andrex, Aquafresh, Bodyform, Radox, Sure and Wilkinson Sword to distribute millions of personal care items to...

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