News and articles
At the end of the year, accommodation turnover was more than a fifth higher
In the last days of the new year, tourism grew strongly, so the turnover of accommodation was at a higher level than previously expected. At Christmas, the number of guest...
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The confectionary manufacturer expects persistently high sugar prices
Südzucker, Europe’s largest manufacturer of confectionery raw materials, reported rising revenue and profit at the end of its third business quarter. The company is also afraid of increasing market volatility,...
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Winners of the V-Label international innovation competition announced!
The third edition of the innovation competition of the most famous international certification mark for vegan products, the Switzerland-based V-Label, has come to an end. On 1 November the winners...
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Trans-Sped: expect delays and price increases in logistics
Delays, price increases, and disruptions in world trade are to be expected in the coming months, after several of the largest shipping companies have indefinitely suspended the passage of container...
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Lidl, Marks & Spencer The Big UK Christmas Winners: NIQ
Apart from discounter Lidl, Marks & Spencer was Britain’s fastest growing supermarket in the Christmas quarter, industry data from NIQ has shown. NIQ said M&S’s food sales on a value...
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Starbucks plans major expansion in India — to open one store every three days
Starbucks Corp. has its sights set on one of the world’s most tea-loving countries. Tata Starbucks, a 50-50 joint venture between Starbucks Corp. and Tata Consumer Products Limited, plans to...
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Ferrero Sees Italian Sales Increase, Driven By Nutella, Kinder
Confectionery giant Ferrero’s Commerciale Italia division, which is responsible for sales and distribution in the business’ home market of Italy, saw sales rise 6.7% to €1.7 billion in the year...
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Last year’s legislative proposals of the National Chamber of Agrarian Economy were successful
Legislation did not rest in the past year, the National Chamber of Agrarian Economy (NAK) also took an active part in the development and amendment of legislation affecting agriculture and...
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The anti-shrinkage regulation has already appeared in the gazette
According to the decree, starting in February, shops must draw the attention of customers if the packaging of the product has decreased, but not the price. From now on, you...
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Somewhere there is a flavour waiting for you!
According to analysts, the whisky category has been relatively stable in recent years – mainly owing to the performance of American and Irish whiskies – and is set to grow...
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Will beer become more expensive in 2024?
The developments in the small-scale beer market can provide good news for beer lovers, as the price reduction of malt and hops does not justify further price increases, a group...
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The Campari company raised 1.3 billion euros to buy out the owner of Courvoisier
Italian spirits maker Davide Campari-Milano has raised €1.2 billion in shares and bonds to finance its acquisition of the owner of the Courvoisier cognac brand. According to Campari’s announcement on...
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The price of vegan private label products is falling at Lidl
Vegan products are much more expensive than traditional alternatives. This version is now available at Lidl. Lidl Hungary explains its move by promoting sustainable consumption and nutrition. As of January,...
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The Wolt+ Hetek are starting
The Wolt+ Weeks campaign covers 14 markets for three weeks in January and offers thousands of offers with well-known partners from restaurants to grocery stores to retailers. The campaign is...
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Future in the present
For the third time in November, METRO Gastro Academy was the host of the Plant-Powered Perspectives business conference. This article is available for reading in Trade magazin 2023/12-01 This year...
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Thousands of domestic companies and employees are affected by the cyber protection directive
The operation of thousands of domestic companies is being transformed by NIS2, which came into force this year, i.e. the revised EU cyber protection directive – points out EY. The...
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A Portuguese retail group is expanding in the region
The Portuguese Jerónimo Martins retail group is also expanding outside of Poland and is targeting the Slovakian market in 2024. The company group has already registered the Biedronka brand and...
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A comprehensive mobility package and electric company cars – this could be the future, according to company managers
The unpredictability of the recent period also rewrote the rules on the company car fleet market: although, surprisingly, the rise in fuel prices was only a minor difficulty for fleet...
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This is how plane ticket prices will develop in 2024
It has always been important for travelers to choose the right moment when purchasing flight tickets in order to take advantage of various promotions and discounts. In the periods before...
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Hungarian tourists in Croatia broke all previous records
Last year, the number of Hungarian tourists and the number of guest nights in Croatia exceeded the record year of 2019 by more than a tenth – the representative of...
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Continental is taking further steps towards sustainability – also in Hungary
In line with Continental’s sustainability ambitions, the ContiTech business sector belonging to the company group has taken the following steps in order to transform its own production facilities into environmentally...
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Slight improvement in the solvency of Hungarians due to lower inflation
According to research by Intrum and GKI, the small increase in Hungarian household solvency continued in the third quarter of 2023. This article is available for reading in Trade magazin...
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The process that defines the agricultural existence of Europe is the protest of German farmers
The process that will determine the future agricultural existence of Europe is the protest of the German farmers – said Minister of Agriculture István Nagy on Wednesday on the current...
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Hungarian corn producers received six billion forints in compensation
A total of HUF 5.9 billion in compensation payments were made by the end of last year to mitigate the losses of Hungarian farmers who suffered damage as a result...
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YouGov completes the acquisition of GfK’s Consumer Panel Services
YouGov plc the international market research and data analytics group, is pleased to announce the completion of its acquisition of the Consumer Panel Services of GfK GmbH. CPS GfK is...
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Auchan Retail Rolls Out Healthcare Service In Portugal
Auchan Retail Portugal is seeking to shake up the healthcare landscape with the launch of Auchan Cuida, a new service that it is hoping will simplify and democratise access to...
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Coca-Cola HBC To Set Up A Charitable Foundation
Bottler Coca-Cola HBC is setting up a new foundation that seeks to support communities in the areas where it operates. The Coca-Cola HBC Foundation will focus on ‘critical areas’ of...
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The Hungarian delicacy cucumber has no equal
Especially if it’s officially high quality! The time has come for the king of pickles, the pickled cucumber loved by many of us, to enter the ring for the KMÉ trademark....
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Moody’s: Central and Eastern European economies start the year with a stable outlook
Central and Eastern European economies will begin the year 2024 with a stable sovereign creditworthiness outlook, according to Moody’s Investors Service’s comprehensive assessment of the regional situation presented in London...
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Nincs mire felvágni
Az általános húspiaci helyzetet tükrözi vissza a párizsik és a felvágottak értékesítése: egy számjegyű volumencsökkenés, a diszkontok és a saját márkák előretörése, rúdáru-dominancia mellett a szeletelt variánsok népszerűsödése. Igaz, ez utóbbiban...
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