News and articles
The Agrokémia Sellye Zrt. will expand its capacity from more than half a billion HUF
The Agrokémia Sellye Zrt. – manufacturer of – plant protection products is expanding its capacity with more than half a billion forints investment – the company informed MTI. According to...
Read more
World’s first plastic-free grocery aisle opens in Amsterdam
Dutch grocery chain Ekoplaza has installed an entirely plastic-free supermarket aisle in its Amsterdam store, to help shoppers cut down on plastic packaging. They realised the project in partnership with British...
Read more
Aldi and Lidl accept the challenge
Aldi and Lidl have reacted to the merger of Sainsbury’s and Asda that caused quite an excitement in British retail. After Sainsbury’s had announced that basic goods would become 10...
Read more
Cash-free payment in Iper hypermarkets in Italy
Italian hypermarket chain Iper launched a cash-free payment service in all 27 stores. The platform is called Jiffy, it can be used via smartphone and requires shoppers to have a...
Read more
Blockchain-based payment system – now in an app, too
British online payment platform Nuggets can now also be used in the form of a mobile app. The ‘Alpha’ app runs only on iOS at the moment. Nuggets utilises blockchain...
Read more
Lidl enters the Serbian market
Lidl Srbija has opened its first logistics centre – built from EUR 55 million – in Nova Pazova. The first Lidl discount supermarket will also open this year and 15...
Read more
Kellogg’s to leave Venezuela
Kellogg’s has decided to quit the Venezuelan market due to the deepening economic recession. Kellogg’s isn’t the first multinational company to take this step, as a strict price freeze policy...
Read more
Tesco UK to ban non-recyclable plastic packaging
Tesco UK has informed suppliers that from 2019 they will only sell products in recyclable plastic packaging. PVC, polystyrene, PLA and water soluble organic plastic packagings will all be banned....
Read more
Spar enters the Maltese market
Spar International has teamed up with the local Azzopardi Group to open its first supermarket in Marsaxlokk. Spar Malta plans to open 3 more shops this year and altogether 23...
Read more
Croatian grocery chain Studenac bought by Polish company
Polish Enterprise Fund VIII has acquired a 100-percent share in grocery store chain Studenac In 2017 Studenac operated 384 stores in Croatia with sales above EUR 200 million. FMCG sales...
Read more
Walmart strengthens positions in India
For USD 16 billion Walmart is going to buy 77 percent of the shares in Indian online shop Flipkart. This is Walmart’s biggest investment abroad so far. They are competing...
Read more
Food delivery market gets livelier in Romania
Several market players have entered the Romanian food delivery market recently. Uber Eats started in mid-May in Bucharest. A week later Spanish application Glovo followed. Back in early March Carrefour...
Read more
Amazon makes a beauty move in Brazil
Amazon has started talks with Brazilian beauty industry giants Grupo Boticario and Natura Cosmeticos SA – the company would like to sell their products on its platform. Sales in the...
Read more
Starbucks’ plans in China
Starbucks has revealed plans of doubling the number of coffeehouses in China and tripling revenues in the next 5 years. By 2022 Starbucks would like to operate 6,600 cafés in China....
Read more
Shopify to open first brick-and-mortar store
Canadian online store Shopify has announced that they will open their first physical store at the end of 2018. This step primarily favours retail companies using the Shopify platform and...
Read more
Alibaba opens first physical store
Alibaba’s first brick-and-mortar store has opened in the city of Hangzhou in China – close to the company’s seat. There are self-service checkouts in the plaza where the company’s own...
Read more
(HU) Az Edenred, a kártyaalapú juttatások hazai szakértője 25 éve áll a vállalkozások szolgálatában
Sorry, this entry is only available in HU....
Read more
Large number of cafeteria benefits expected from Hungarian SMEs
Seven from ten SMEs plan to give their employees some kind of cafeteria benefit and this is a very big increase from the level measured a year ago – revealed...
Read more
Hungarian retail trade maintains momentum
Like-for-like retail sales of food and drug products were up 8.3 percent in the first quarter of 2018 in Hungary. In the same period the average FMCG sales growth was only...
Read more
With modern warehouse technology for serving partners better
2017 was a profitable and successful year for TE-DI Trade Kft. – sales exceeded HUF 9 billion. The most important event last year was increasing the capacity of the manual and automatic...
Read more
Coca-Cola develops in Zalaszentgrót
From a budget of HUF 1.8 billion Coca-Cola Hungary has increased its production capacity in Zalaszentrgrót. They started bottling a new premium product called ‘smart water’ for the markets of several...
Read more
Large companies are starting to get in the investment mood
According to K&H’s corporate growth index, 54 percent of Hungarian companies – non-state-owned firms with annual sales revenue above HUF 2 billion – are planning to realise some kind of...
Read more
Slaughter pig’s price started to go down again in April
According to data from the Central Statistical Office (KSH), in April 2018 agricultural production prices were 1.2 percent higher than in the same period of 2017. This rise was the...
Read more
Opus Global gets majority share in isomalt manufacturer
Opus Global Nyrt. has acquired a majority share in one of Europe’s biggest isomalt companies, Kall Ingredients Kft. of Tiszapüspöki, increasing its share from 30 percent to 75 percent. The next step is...
Read more
Vésztő-based cheese company Sajtmanufaktúra opens new production plant
Soon the milk processing plant of Sajtmanufaktúra Kft. in Vésztő will start production. The municipality established the company from more than HUF 100-million ministerial funding. Mostly public workers will work in the small...
Read more
The sales growth continued in April
In April 2018 like-for-like retail volume sales augmented by 4.4 percent; adjusted for calendar effects, the sales growth was 6.1 percent – reported the Central Statistical Office (KSH). Food and...
Read more
Kosher food from Hungary
Hungary is going to develop a build food distribution centre that will have the potential to turn the country into one of the most important players in the kosher food...
Read more
Development budget for McHale Hungária
A consortium led by Szolnok-based agricultural machinery and services company McHale Hungária Kft. has been granted nearly HUF 500 million of EU funding for developing agricultural machinery manufacturing in Jász-Nagykun-Szolnok and...
Read more
Food prices grew above the average in May
In May 2018 consumer prices were 2.8 percent higher on average than a year before. In comparison with May 2017, food prices increased by 3.8 percent. Egg’s price soared by...
Read more
Szal-Tó’s goal is ensuring uninterrupted product supply
Árpád Szalai and Attila Tóth established Szal-Tó Kft. in 1991. Last year there were two big changes in the life of the company: purchasing prices elevated by 40 percent due to the...
Read more