News and articles

Seven percent of EU imports are counterfeit

There is a growing problem that an increasing share of the commodities traded in world trade are counterfeit, for example, 7 percent of EU imports are counterfeit products, which poses...

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Economic sentiment has improved in Germany and in the euro area

The economic sentiment in Germany and in the euro area has improved in March for the fifth consecutive month – according to the survey conducted by the ZEW (Zentrum für...

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L’Oréal Named as One of the World’s Most Ethical Companies by the Ethisphere Institute

L’Oréal, the world’s leading beauty company, has been recognized by the Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices. L’Oréal has been recognized...

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Here are the most expensive and cheapest cities in the world

The annual research of the Economist Intelligence Unit compares 133 cities on the basis of the price of products such as bread. They are looking at how much the prices...

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US retail sales increased more than expected in May

US retail sales in the United States increased more than analysts’ expectations in May. The growth occured is the highest of the past 6 months. The US Department of Commerce...

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Magazine: O2O has never been this comfortable before

O2O – harmonised online and offline sales – has reached a new chapter: in December 2018 GH Lab opened a pop-up store in Mall of America in Bloomington (Minnesota), which...

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(HU) Melyek voltak 2018 legsikeresebb promóciói?

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

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Beer Association: premium beers are becoming more popular

Although only a small increase occured in the quantity of beer sold last year, the income of the members of the beer association has increased much more, because beer drinkers...

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Hungarians purchased with cards in a record number at the end of 2018

The number of debit cards issued increased, while the number of credit cards declined in Hungary in the fourth quarter of last year – the National Bank of Hungary (MNB)...

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The sustainability theme week has begun

The Ministry of Human Resources (Emmi) announced its sustainability theme for the fourth time, this year. At the Monday opening ceremony held in the Parliament, Rétvári Bence, Parliamentary Minister of...

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Big Gift Survey: we buy gifts for our partners and children

Almost everybody gives birthday and Christmas presents, but what are the other gift events in people’s lives, and to whom do they give gifts the most? These questions were answered...

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Beekeepers expect a difficult season

Bross Péter, president of the Hungarian National Beekeeping Association (OMME) told Magyar Nemzet that although we are at the very beginning of the season, it can already be seen that...

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The Agricultural Marketing Center promotes Hungarian products in London and in Düsseldorf

The Agricultural Marketing Center (AMC) appears with independent stands at two international exhibitions. The Agricultural Marketing Center (AMC) organizes the Hungarian appereance at the International Food and Drink Event (IFE)...

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Tokaji March Grand Taste with the wines of sixty wineries

The visitors of the Tokaji March Grand Taste event can taste about 150 wines of more than sixty wineries in Hegyalja from Tokaj through Mád and Erdőbénye to Sárospatak in...

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ALDI is building a new business

Aldi has a network of over 130 stores in Hungary. The German discount chain is building a new store in Naphegy, in the 1st district of Budapest, a few hundred...

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The new flavors of FUZETEA to debut in Hungary

FUZETEA debuts in Hungary with two new variants: the oolong ice tea grape-lychee and the green ice tea pomegranate-asai will come in the spring, with the recommendation of the team...

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Czech retail started the year well

Retail sales in the Czech Republic increased by 4.7 percent in January, compared to a year before, after the 3.1 percent in December – the Czech Statistical Office announced in...

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The foreign trade surplus of the Euro area decreased

The trade surplus of the euro area in January decreased lower than expected, compared to the previous year – according to the first estimate of the European Union Statistical Office....

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IGD: five trends will shape retail in 2019

IGD has identified five main trends that will shape retail trade in 2019. Having analysed the trends and events of 2018, they found that one of the most important trends...

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Magazine: Nielsen’s new CEO interviewed: ‘Brave retailers took risks’

David Kenny was appointed the CEO of Nielsen last November. He gave one of his first interviews to a Canadian FMCG retail trade magazine, Canadian Grocer. –The face of retail...

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Amazon launches livestream product presentation platform

Amazon has launched an online platform, Amazon Live, which allows sellers to livestream videos showcasing their products. By using the Amazon Live Creator app, Amazon enables brands to livestream directly...

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Continente expands private label product selection

Portuguese retailer Continente has expanded their assortment of healthy snacking and convenience products under its private label brand. Continente has also enlarged its Bio range, with the introduction of vegan...

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Refresco acquires Cott’s drink concentrate manufacturing business

Soft drinks bottling company Refresco has announced buying Cott’s concentrate manufacturing business that supplies 70 bottling companies all over the world. Last January the company already acquired Cott’s bottling business....

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‘Je Suis Vert’: Monoprix launches eco-friendly cleaning products

French retailer Monoprix has put a new eco-friendly brand on the market: ‘Je Suis Vert’ is a range of home care products, including detergents, household cleaners and dishwashing products. Products...

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Canada’s Saputo paid 1.3 billion dollars for British company Dairy Crest

Canada’s biggest milk processing company Saputo Inc. has agreed to buy Dairy Crest Group Plc. for USD 1.3 billion. With this move Saputo gains a foothold in Europe just months...

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Esselunga develops new private label for children

Italian supermarket chain Esselunga has launched CheJoy, a new private label line of products developed in cooperation with the Walt Disney Company Italia. The new CheJoy line is aimed at...

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SPAR to open new stores in Spain

SPAR has announced opening new stores in Spain with partners Fragadis, Roges Supermercats and SPAR Gran Canaria. The goal with this move is strengthening SPAR’s position in the Spanish market. The new stores range...

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Iceland eyeing up Sainsbury’s and Asda stores

Frozen foods retailer Iceland is said to be considering a bid for any stores that Sainsbury’s and Asda are required to sell, once their high-profile merger has been completed –...

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Frostkrone Group buys US company Rite Stuff Foods

Finger food specialist Frostkrone Group has acquired Idaho-based potato snack maker Rite Stuff Foods, Inc. The move will help the snacking giant to expand its product offering in the US...

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Illycaffè is not for sale, but they would welcome new investors

Premium coffee maker Illycaffè may bring new investors on board in the medium term, but the founding family wants to keep control of the business – informed CEO Massimiliano Pogliani....

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