News and articles
Walmart buys food delivery company Cornershop
Walmart paid USD 225 million for Cornershop, a food delivery company that is active in Chile and Mexico. Walmart is investing a lot of money in the online sales channel...
Read more
Aldi to phase out the plastic packaging of fruits and vegetables
German discounter Aldi is going to introduce a new recyclable packaging for fruits and vegetables. The black plastic trays won’t be used any more. With this step stores will produce...
Read more
Coca-Cola acquires Moxie
Coca-Cola of Northern New England bought Moxie, the official soft drink of the US state of Maine. The popular soft drink brand was launched in 2005 and it will continue...
Read more
Lavazza to acquire Mars Drinks
With this move the Lavazza Group continues its international expansion in important markets (North America, Germany, the UK and France) and strengthens the Lavazza Office Coffee Service (OCS) and drinks...
Read more
Coca-Cola monitors the market of cannabis drinks
As a response to claims made by a report published in the media that they are in talks with Canadian company Aurora Cannabis Inc., Coca-Cola has admitted to monitoring the...
Read more
Mercadona buys new land in Portugal
Spanish retailer Mercadona bought new land in Aveiro – 50km south of Porto – where they will probably build their fifth store in Portugal. Mercadona paid EUR 2.55 million for...
Read more
Carrefour pulls manufacturer brands from four stores
Carrefour removes the products of several manufacturer brands from the shelves of four stores in France. As part of the ‘Carrefour 2022’ transformation plan, the experiment tries to find out...
Read more
Aldi USA: nationwide online delivery service
Aldi expanded its joint pilot programme with Instacart to offer online food delivery for more than 1,800 stores in 35 US states. In addition to this move, Aldi is investing...
Read more
Companies concentrate on cyber security
Global Data has conducted a survey with the participation of more than 1,500 companies: Global Emerging Technology Trends Survey 2018 has found that cyber security technologies are the most important...
Read more
Amazon might be interested in Metro Real
Metro AG plans to sell its struggling hypermarket chain, Real, which consists of 282 stores and employs 34,000 people. Analysts say Metro can get EUR 1 billion if the deal...
Read more
Alibaba to enter the Serbian market already this year
Chinese e-commerce giant Alibaba plans to launch the Aliplay platform in Serbia already this year – revealed Serbia’s Minister of Trade. The minister already announced back in September 2017 that...
Read more
Walmart targets city locations
Jet.com was acquired by Walmart two years ago. The company now offers a personalised shopping experience, a large selection of local and global brands, and three-hour delivery in New York....
Read more
Auchan testing ‘Scan And Pay’ service in France
Auchan France is testing a digital service that would make it possible for shoppers to use their smartphones for scanning the barcodes of products and paying for them. The service...
Read more
EU gives green light to the P&G-Merck deal
The EU decided that Procter & Gamble (P&G) buying Merck’s consumer health division for EUR 3.4 billion doesn’t break competition law. Thanks to the transaction vitamin brands such as Seven...
Read more
Waitrose & Partners trying out a rapid delivery service
Waitrose & Partners launched the Waitrose Rapid Delivery service in London, offering same day and two-hour delivery to customers. In selected areas 20 products can be ordered from 1,500 for...
Read more
Livestock feeding development project launched in Komárom
Solum Zrt. of Komárom and Adexgo Kft. of Balatonfüred invested HUF 555 million in developing a new animal health, reproductive biology and feeding system. They created an animal feed supplement...
Read more
Processing capacity can increase thanks to state funding
So far the Ministry of Agriculture has approved of food industry development projects in the value of HUF 113 billion. What is more, in the next few years farmers can...
Read more
Eggs Association: large-scale egg production increased in the first half of the year
Large-scale egg production increased in the first half of the year by around 20 percent to 586 million eggs, compared with the same period of last year. The large-scale egg...
Read more
Gyermelyi builds new pasta factory
Gyermelyi Zrt.’s new pasta factory – built from HUF 7.2 billion – is already in use at the company’s premises. The Hungarian government financed the development project with HUF 2.4...
Read more
McDonald’s buys lettuce from Balástya
Becsey vegetable farm in Balástya is selling lettuce to McDonald’s restaurants in Hungary and other European countries. They produce more than 1,000 tons of lettuce a year and have been...
Read more
Nébih: most Tokaj-Hegyalja wineries comply with the rules
On the basis of the official examination of the 25 wine-growing units of Tokaj-hegyalja, the local wineries, wine tastings, catering and commercial units comply with the regulations, only two serious...
Read more
A new era in the history of the Borsodi Brewery
This year, the Borsodi Brewery has started two major investments in Bőcs. Thanks to the development of the bottling and box filling line, the capacity of the plant is expected...
Read more
Thirty-three kilogrammes of food products are thrown out unnecessarily every year
An average Hungarian consumer throws out 33 kilograms of food per year only because it became rotten, due to poor storage or because it was unnecessarily purchased – Világgazdaság Online...
Read more
AM: Hungary initiated the support opportunity for kiwi and fruit growing
Hungary initiated the extension of production support for the production of kiwi and figs at the European Commission (EB) – the Minister of State of the Ministry of Agriculture (AM)...
Read more
University of Debrecen to become a food safety competence centre
The University of Debrecen and the representatives of Hungarian enterprises have signed a scientific and business cooperation agreement in the domain of food safety and tracking. TE-FOOD is the world’s...
Read more
Expert: the gap between the lowest and the highest average earnings has reduced
The difference between the average earnings of the most and the least earning workers in Hungary decreased – the president of the Board of Trustees of the Budapest Foundation for...
Read more
Praktiker modernizes its stores
Praktiker reconsidered the operations of its business units: it unified its sortiment and emphasized the decor and furnishing product range at the 20 DIY stores. The renovation of the small-sized...
Read moreThe NAV seized 215 million HUF worth fake clothing and untaxed cigarettes in Budapest
Fake brand labeled clothes and large amounts of untaxed cigarettes were seized by the National Tax and Customs Administration (NAV) in Budapest in a value of 215 million forints –...
Read more
New payment solutions
From 1 September Hungarian online shops can also offer the Google Pay payment option to customers. In Hungary BIG FISH Payment Gateway was the first to make this payment service...
Read more
ITM: the consumer protection authority withdrew beauty products
Six of the 120 cosmetic products tested by the consumer protection authority were withdrawn from circulation. Two shampoos and natural cosmetics, one liquid soap and a soap contained microbiological contaminants...
Read more