Company and Personal News
OECD: Food price inflation fell sharply in most countries
The Paris-based Organization for Economic Cooperation and Development, the OECD, slightly improved its global growth forecast for this year and next year compared to its previous estimate from February. According...
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Nébih experts examined the cheapest foods
In order to protect consumers, the National Food Chain Safety Office (Nébih) checked the cheapest food products of the Price Monitoring System. During the first target inspection focusing on staple...
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Szentkirályi Magyarország’s deposit-fee PET bottles are already on store shelves
Szentkirályi Hungary was one of the first to start the production and sale of drink packaging according to the DRS (Deposit Return System), i.e. the mandatory redemption system. How did...
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MBH Bank: Growth may accelerate in the second half of the year, next year GDP may increase by 3.7 percent
The outlook for the Hungarian economy is stable, so thanks to the expected upswing in consumption, industrial production, trade and hospitality from the second half of the year, GDP growth...
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Buyers of Nestlé products can help the needy in several ways in May
Between May 9 and 22, Tesco customers can once again support the needy by placing Nestlé products in their baskets. As part of the initiative, Nestlé supports the work of...
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Real Nature announces a new manager in the sales department
Real Nature, which produces and distributes sustainable and healthy milk and milk substitute products, is pleased to announce the appointment of Kriszta Román to the position of National Account Manager....
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Competing kitchen rolls
Last year was a difficult one for the paper towel category too. NIQ data shows that although the market expanded by 16.2% in value, it contracted by 11.7% in volume....
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eMAG and Alza received a serious challenger in the field of e-commerce
Pepita Group Zrt., the owner of the online store Pepita.hu, achieved significant growth in the first quarter of 2023, both domestically and internationally. The company’s gross turnover increased by 30%...
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The 8th Debrecziner Gourmet shines in the light of a Michelin star
Delicious meals, Palya Bea and June forest scent in Debrecen: between June 14 and 16, the country’s finest restaurants and chefs will gather at the 8th Debrecziner Gourmet to show...
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Ice cream brands are waiting for the end of the ice age
Ice cream’s “troubles” started with the energy crisis of 2022, with many stores reacting by cutting their refrigeration capacity. At the same time ice-creams have benefited from the sharp rise...
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BMI: Slower expansion in April
The seasonally adjusted April value of the Purchasing Manager Index (BMI): 51.8. Compared with the previous April values, this year’s value is lower than the long-term average for this month...
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X5 Group introduces robotic automation solutions in distribution centres
Russia’s X5 Group has launched a series of robotics projects in its distribution centres, as it seeks to optimise its logistics processes, increase workforce productivity, cut infrastructure costs, and improve...
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The 10th annual Food Truck Show opens on Friday
The 10-year Food Truck Show opens tomorrow, where the latest street food specialties, Pizza Festival & Competition, dachshund race, and Stone-Paper Hungarian Championship await visitors. Guests can find the most...
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Challenges and Strategies in the Hospitality Industry
Recent reports from major restaurant chains like Starbucks, Pizza Hut, and KFC indicate significant sales declines, highlighting challenges in maintaining and growing their market positions. In contrast, McDonald’s adopts a...
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The foreign trade balance of fresh spinach was negative in 2023
In Hungary, spinach is one of the earliest outdoor vegetables. According to KSH data, the spinach harvest was 12.1 thousand tons in 2022, which was 32 percent higher than the average...
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Milk and dairy product alternatives optimised for healthy nutrition
This article is available for reading in Trade magazin 2024/5 “The number of people living with food intolerances is increasing year by year, strengthening the need for sugar-, lactose- and...
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MATE further strengthened its position in the QS agricultural science ranking
The Hungarian University of Agricultural and Life Sciences is 151-200 this year as well ranked in one of the world’s most respected higher education rankings, the Quacquarelli Symonds (QS) 2024...
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Scitec Nutrition launched an unusual image campaign with everyday heroes
In May, Scitec Nutrition’s “Fighters. They won. Your turn!” with the billboards of his campaign, which this time do not feature bodybuilders with bulging muscles, but role models who recovered...
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Agrometeorology: more precipitation may fall in Transdanubia, but it will hardly rain in many places in Tiszántúl
Showers will irrigate first the southwestern and then the northeastern half of the country, but a larger amount of precipitation is expected only in Transdanubia, while in many places in...
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KSH: in February, the product foreign trade surplus was 1.7 billion euros
In February 2024, the export volume exceeded 3.4 percent, while the import volume was 4.7 percent lower than in the same period of the previous year. The assets were 1.7...
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In alliance with agriculture: MBH Bank responds to the challenges of the market together with professional organizations
MBH Bank has signed a cooperation agreement with the Association of Hungarian Livestock Breeders, the National Association of Grain Growers, the Milk Trade Organization and Product Council, and the FruitVeb...
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Fuzetea Mango-Pineapple
This summer season brings the return of the Mango-Pineapple flavoured tea, the perfect fusion of two exotic fruits to refresh your summer. Just like the other Fuzetea products, it is...
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Getir pulls out of the US but says FreshDirect will keep operating
The quick-delivery company said it is redirecting its capital to its home market of Turkey, where it generates more than 90% of its revenue and sees the most potential for...
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7-Eleven teams up with Meituan to trial drone delivery
Global convenience store chain 7-Eleven announced that it has partnered with Chinese food delivery platform Meituan to trial drone delivery in Shenzhen, Guangdong. This is the first time the Japanese-owned...
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PepsiCo sells interest in Serbian soft-drinks group Knjaz Miloš
Czech soft-drinks supplier Mattoni 1873 has acquired full control of Knjaz Miloš. Mattoni 1873, the Czech soft-drinks business, has bought sole control of Serbian peer Knjaz Miloš after acquiring PepsiCo’s...
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Animal husbandry has and will continue to play a decisive role in agriculture
The Ministry of Agriculture is committed to helping the sector in the future as well, Hungarian livestock breeders and livestock keepers have the largest number of support titles available in...
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AutoWallis has published its third Sustainability Report
The AutoWallis Group has published its Sustainability Report for last year, which reveals that the automotive company listed on the Hungarian stock exchange has defined new strategic areas for the...
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Nébih revealed serious food safety and hygiene deficiencies in a restaurant in the capital
The inspectors of the National Food Chain Safety Office (Nébih) in Budapest experienced hygiene problems posing a serious food safety risk, a II. during an inspection of a restaurant in...
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Euro zone inflation was 2.4 percent in April as well after March
In line with analysts’ expectations, annual inflation in the euro area was 2.4 percent in April after March, according to preliminary data published on Tuesday by Eurostat, the statistical office...
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Gergely Suppan: the recession is clearly over in Hungary
The recession is clearly over in Hungary, from now on the only question is the rate of growth – said the leading economist of the Ministry of National Economy (NGM)...
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