News and articles
Colgate-Palmolive’s excellent year
In the 4th quarter of 2017 Colgate-Palmolive reported USD 3,892-million sales. Sales were up 4.5 percent from the 4th quarter of 2016. Although prices dropped 1 percent at a global...
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Unilever’s successful new products
Unilever will put many new products on the market in 2018, in order to increase sales, because the prices of some of the oldest brands such as Hellmann’s mayonnaise are...
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Lidl is conquering Italy
Lidl opened their 600th discount supermarket in Italy, in the city of Palermo. The retailer invested EUR 10 million in building the new 1,400m² store. Only environmentally friendly building materials...
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Agrokor closes shops – perhaps for good
Agrokor – one of Croatia’s biggest retail conglomerates – closed two flagship stores in Croatia and plan to quit the market of Bosnia and Herzegovina. In the last 6 months...
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Spar targets billion-euro sales
Spar France announced that they will increase the number of shops from 860 to 1,000 by the end of 2019. The company hopes to improve the currently EUR 890-million sales performance...
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X5 expanding at breakneck speed
Russia’s biggest retail chain X5 continues the dynamic expansion in 2018. Back in 2017 X5’s sales soared by 25.5 percent and they added 2,934 new shops to their portfolio. CEO...
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Mega Image keeps growing in Romania
Romanian retail chain Mega Image opened 50 new shops in 2017 and will continue their expansion in 2018. CEO Vassilis Stavrou stressed that Mega Image will invest EUR 50 million...
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Bacardi’s big step forward in the tequila market
Bacardi entered the rapidly growing tequila market: for USD 5.1 billion they bought Patrón Spirits International. This is a big step forward in the global market for Bacardi, creating a...
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Good start of the year for Metro
In the first quarter of the 2017-2018 fiscal year Metro AG increased sales by 0.8 percent, with revenues at EUR 10.1 billion. Member of the board of directors Olaf Kock told: they...
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Mastercard appoints Hungarian regional director
From 1 January 2018 Frigyes Romvári is the regional customer relationship director of Mastercard. His main task is supporting the regional relationship between the payment technology company and OTP bank. OTP Bank...
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Smartphone boom in Hungary
Czech-owned company Mall Group – they operate the online shop Mall.hu in Hungary – organised the Black Friday promotion in 6 countries at the end of last year. Buying statistics from...
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Tejsüti dipped in chocolate
Th e Pöttyös product line welcomes a new addition: MEGaCSOKI is basically dairy snack Tejsüti dipped in chocolate. Pöttyös’ senior brand manager Andrea Szabó told that the new product is already available in shops all over...
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New Hungarian innovation to ease the problem of workforce shortage in retail
Laurel Számítástechnikai Kft. developed the first Hungarian self-service checkout system for grocery stores, which can help to ease the problem of workforce shortage in retail. Stores can set up 3-4 self-service checkouts...
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New key account manager at GA FOOD
As of 1 February 2018 Levente Matyasovszky is the key account manager of GA FOOD. His task will be managing relations with international partners. In the past Mr Mattyasovszky used to work...
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From next spring we can even pay with a selfie
From April 2019 Mastercard makes biometric authentication available to shoppers in Hungary too. A joint study by the University of Oxford and Mastercard has found that the majority of shoppers prefer...
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COOP wins sustainability award
At the end of October it was announced at the Word Sustainability Congress event in Dubai that retail chain COOP was rewarded with the Global Sustainability Leadership Award. //...
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Food saving programme is already running in 139 Tesco stores
Last year Tesco donated more than 6,700 tons of food to the Hungarian Food Bank Association. Tesco’s goal is not to waste a single bite of food in their shops. Since 2014...
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Persuasion-free advertisements
The Self-regulatory Advertising Board (ÖRT) analysed 1,211 advertisements in the press and on television in the November period, in order to find out whether they contain ‘persuasion’: are children asked...
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Magyarvíz sales grow faster than the market average
While like-for-like mineral water sales augmented by 3.8 percent in the Hungarian market in the first 10 months of 2017, in the same period sales by Magyarvíz Kft. – their brands...
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SPAR to stop selling eggs from caged hens
By 2025 SPAR Austria affiliates in Slovenia, Croatia, Italy and Hungary will stop selling eggs laid by caged hens. At the same time the retailer will start offering a bigger selection...
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Successful end of the year, exciting start of the year at NAK
Balázs Győrffy, president of the Hungarian Chamber of Agriculture (NAK) analysed 2017 and spoke about the objectives for 2018 to our magazine. From a farmer’s perspective, one of the chamber’s most...
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(HU) Coleslaw és tzatziki az ALDI kínálatában
Sorry, this entry is only available in HU....
Read moreNGM: retail sales may continue to grow
Growth in retail sales may continue, as the outstanding wage increase may increase household consumption this year – the Ministry of National Economy (NGM) told MTI on Thursday. The Central...
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A poultry slaughterhouse was opened in Tata
A half automated slaughterhouse for the processing of 24 thousand poultry per day was opened by the Horváth Agrofarm in Tata, with an investment of 110 million forints – the...
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The EP has voted on the sheep and goat sector report
The Agriculture and Rural Development Committee of the European Parliament (EP) has voted for the sheep and goat sector report containing Hungarian proposals as well. According to Erdős Norbert, Fidesz...
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Agroforestry against climate change
One of the important tools for adapting to climate change could be the use of the several centuries old agro-forestry production culture in Hungary – Fazekas Sándor, Minister of Agriculture...
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BNP Paribas Cardif: the Hungarians are still afraid of unemployment
Compared with the previous quarter, the differences in employee confidence in some segments decreased slightly in November, but at the same time the index was still high, almost 70 points,...
Read moreTens of thousands of British cattle was slaughtered
Huge masses of cattle have to be slaughtered in the United Kingdom due to the spread of tuberculosis (TB) infection – agrarszektor.hu wrote. The number of killed animals has exceeded...
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Long-lasting food will be collected in the Catholic churches
Long-lasting food will be collected from next Sunday for a week in the Catholic churches – the Hungarian Catholic Bishops’ Conference (MKPK) informed MTI on Friday. The Catholic Church expects...
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The minimum wage gap is large in the EU
There is a huge, nearly eight-fold gap between the EU member states in the minimum wage. The highest minimum wage is paid in Luxembourg – according to a report released...
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