News and articles
Costa Coffee to be launched in Hungary next year
Coca-Cola HBC plans to roll out its Costa Coffee product in at last 10 countries in 2020 – and one of these markets is Hungary. Zoran Bogdanovic, CEO of Coca-Cola HBC...
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Intermarché’s expansion in Portugal
France-based Les Mousquetaires has announced a large-scale expansion plan for its Intermarché stores in Portugal. The retailer plans to invest EUR 200 million in opening 105 stores by 2023. EUR...
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7-Eleven introduces mobile checkout
After testing mobile self-checkout with employees at its own store, 7-Eleven launched the service in several Dallas locations in 2018 to get customer feedback for further fine-tuning. Customers at 7-Eleven in New...
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Target and Disney partner for a special in-store experience
Target will open about 65 in-store Disney stores in the next two years as part of a new partnership between the two companies. The first 25 of the shop-in-shop concepts will...
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No-checkout store concept arrives in Switzerland
Swiss company Valora and Migrolino follow the path of Amazon Go, testing a new store concept in Switzerland. This spring Valora opened its automated mini-store at the main train station...
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In the service of value and quality – for the second time
The Value and Quality Awards were presented to those products, companies and services that want to be ‘the best among the good ones’. Currently the Value and Quality Award is...
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Sixty applicants won the Value and Quality Award in 2019
On 10 September the award ceremony of the Value and Quality Award took place in the building of the Hungarian Parliament for the second time. This year 67 entries by...
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Coop Rally visited food companies in East Hungary this year
This year the Coop Rally’s more than 300 participants visited 8 destinations (meat and dairy plants, a soft drink company, a winery, COOP stores and a fresh product logistics centre)...
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A gluten-free life for 80 billion forints a year
Gluten-free groceries had a 4-percent share in total grocery sales between July 2018 and June 2019. Gluten-free foods were sold in the value of almost HUF 80 billion. Dóra Hajnal,...
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Europe is slowing down, but we aren’t
Like-for-like retail sales augmented by 3.4 percent in Europe in the 2nd quarter of 2019. The sales growth in this period was 7.7 percent in Hungary – this was the...
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Changing loyalty programmes in retail
On average two thirds of European household participate in some kind of loyalty programme operated by a retailer. There are big differences between the countries, though, as in Belgium every...
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Mobile payment is ahead of a breakthrough in Hungary
About five years ago Apple Pay and Android Pay broke new ground in contactless mobile payment, especially in Western Europe. However, it is still early days in Hungary in this...
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Instant payment to be launched in Hungary next spring
The Central Bank of Hungary (MNB) has recently postponed the introduction of the instant payment system in Hungary – the new date is now 2 March 2020. By using the...
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Mobile payment with QR code can be the key to fewer cash payments
In the instant payment system mobile payment with QR code has become popular in those countries where the market regulator and market players developed an open-source standard, or where banks...
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A community food stand opens on thousand square meters
The Agricultural Marketing Center has been promoting Hungarian food in the form of community appearance at countless foreign exhibitions for decades. As this year’s OMÉK focuses on the food industry...
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The Ministry of Agriculture helps the competitiveness of Hungarian livestock farmers with subsidies
The Ministry of Agriculture (AM) also provides subsidies to Hungarian livestock farmers to help the sector cope with strong international competition – the Ministry announced on Friday. According to the...
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MNB: card payments ratio continued to expand in the second quarter
The infrastructure of card payments and the rate of card payments also expanded in the second quarter of this year -the National Bank of Hungary (MNB) announced on its website...
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Thirty-five wineries and 50 programs at the Villányi Red Wine Festival
Thirty-five wineries and nearly fifty gastronomic, cultural and pop music programs await the visitors to the Villányi Red Wine Festival, which will be organized for the 32nd time between October...
Read moreMadosz: the quality of tobacco is better than last year
The quality of the tobacco produced this season is expected to be better than last year, and the quantity will be good as well – the president of the National...
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A feed plant was opened in Somogy County
The Hungarian economy is growing fastest in the European Union today – the Minister of Foreign Affairs said at the inauguration of the 3.1 billion HUF worth feed production plant...
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Strong customer authentication has arrived
On 14 September, as part of the Payment Services Directive 2 (PSD2) entering into force, strong customer authentication (SCA) will be introduced in Hungary. This will entail changes in e-commerce,...
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A record number of Hungarian companies presented themselves at the Agromalim trade show in Arad
The CED Central European Economic Development Network Nonprofit Ltd. has presented a record number debuting opportunities of its twenty-two Hungarian partners at the Agromalim Agro-Food Trade Fair in Arad, held...
Read moreAfrican Swine Fever: pig breeders can get free disinfectants
Pig farmers can get free disinfectants from their veterinarian – the National Food Chain Safety Agency (Nebih) has published on its website. In a statement, the agency stressed that it...
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The University of Pécs terminates the purchase of PET bottled beverages
The University of Pécs (PTE) terminates its supply of plastic, PET-bottled water and beverages – the institute announced on Monday. It is reported that the leadership of PTE – as...
Read moreNAV draws attention to the marketing conditions of new types of tobacco products
“Smoke-free” alternatives to smoking, such as refillable electronic cigarettes or heating devices containing real tobacco but at a much lower temperature than conventional cigarettes, are also spreading in Hungary –...
Read moreRetail sales in the United States grew faster than expected
Retail and hospitality sales in the United States expanded at a higher rate than expected for the sixth consecutive month, indicating that the steadily rising consumer spending is likely to...
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The earliest direct evidence of human milk consumption has been discovered in Britain
The earliest direct evidence of human milk consumption to date has been identified in Britain – BBC’s news portal wrote. The authors of the study, published in the journal Archaeological...
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European retail in 2019
A study made by GfK has revealed that purchasing power grew considerably in the European Union in 2018. The engines of this growth were Latvia (+10.3 percent) and the Czech...
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An economic slowdown has started
In the 2nd quarter the Hungarian economy was growing by 4.9 percent; this rate was faster than expected and the fastest in the European Union. However, an economic slowdown has...
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Why do we love beer?
The taste of beer releases a chemical in the brain which makes people want to drink more, research published today claims. Beer’s taste – without even any effect from alcohol...
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