News and articles
Privát Card’s successful debut
For Kerekes Kft.’s Privát store network the biggest event of 2023 was the launch of the loyalty card scheme in July. This article is available for reading in Trade magazin...
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The number of companies connected to the French food industry operating in Hungary has also increased
There are 544 French-owned companies operating in Hungary, almost 11 percent more than in 2020, with almost 49,000 employees, and their annual sales revenue is more than 13 billion euros,...
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Annual sales of 300,000 hamburgers ensure the survival of 700 gray cattle
Its ancestors may have arrived in the Carpathian basin with the conquering Hungarians, and it nearly died out in the 1960s. Kenyeres Birtok, which owns more than 15 percent of...
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BIG: international award for the most innovative brands
ESM, which also runs the European Private Label Awards programme, has launched a competition for the most innovative brands in European supermarkets, in partnership with Trade magazin’s Inno d’Or –...
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Pioneering innovation in cheese making: NewMoo develops plant-based casein
NewMoo Ltd., an Israeli food-tech startup, is revolutionizing cheese production with plant-based molecular farming techniques to produce casein proteins, which are crucial for making cheese. Their process allows cheese makers...
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Dentsu: This year’s outlook for the global advertising market has improved
The total value of global advertising spending is expected to reach 754.4 billion dollars this year, which represents a 5 percent increase compared to 718.6 billion dollars in the previous...
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The pasta market is buzzing
Last year’s drop in real wages also led to a few percent decline in volume sales in the pasta market. This article is available for reading in Trade magazin 2024/6-7...
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Further actions for high-level cooperation were discussed by the Net Zero Advisory Board
What are the biggest challenges in achieving net zero goals? What kinds of collaborations and solutions can help meaningful progress and systemic changes? The Net Zero Advisory Board, established to...
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Seasonal work in Balaton: good pay, hard work
As summer begins, hotels and eateries around Lake Balaton in Hungary are not only opening their doors to tourists but also offering numerous job opportunities, particularly for chefs and kitchen...
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The Top Hungarian Pastry Shops of 2024
In the aftermath of the tumultuous election season, many may find solace in a delightful sweet treat. If you’re looking to indulge with your family after casting your votes, here...
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The Hungarian Tourist Agency welcomes the transfer of Liszt Ferenc Airport to Hungarian ownership
The capital’s airport is the country’s primary gateway, and in 2023 the majority of foreign visitors arrived by plane. The primary strategic goal of Hungarian tourism is to improve the...
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Agrarszektor: this is why Hungarian agriculture is lagging behind
It is worthwhile to be more efficient and advanced in agricultural production, but it is difficult to grasp how this should be achieved, knowing that Hungarian agricultural production differs significantly...
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Eurostat: the number of guest nights increased at the beginning of 2024 in the EU countries
The number of guest nights spent in the accommodation facilities of European Union member states increased by 7 percent to 452.6 million in the first quarter of 2024 compared to...
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VIMOSZ: tourism companies’ expectations improved in May
The expectations of Hungarian tourism companies improved in May compared to a year earlier, the sector is characterized by optimism with strongly expanding employment, the National Association of Tourist and...
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Tourism association: the transfer of the airport to the state is not only a business issue!
The Hungarian Tourism Association Foundation (MTSZA), which brings together more than forty professional organizations operating in the field of tourism, welcomes the purchase of the airport and expects a large...
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The rules on the import of Ukrainian products into the EU without customs duties and quantitative restrictions came into force
The legislation that extends the import of Ukrainian products into the EU without customs duties and quantitative restrictions has entered into force, the European Commission announced on Thursday. According to...
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Smurfit Kappa acquires Bag-in-Box plant in Bulgaria
Smurfit Kappa, one of the world’s leading providers of sustainable packaging solutions, has announced it has signed an agreement to acquire Artemis Ltd., a Bag-in-Box packaging plant located in Shumen,...
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The turnover of agricultural machinery fell by more than 50 percent
The willingness of Hungarian farmers to purchase machinery continued to rise continuously for years, until the first quarter of the previous year.In recent years, thanks to the call for tenders...
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Walmart launching beta of customer behavior solution for suppliers
Walmart will provide a broader range of shopper insights to its supplier partners. On Wednesday, June 5, 2024, the retail giant’s Walmart Data Ventures division is rolling out the beta...
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Switching Food And Drink Purchases Could Reduce Greenhouse Gas Emissions By A Quarter
Switching food and drink purchases to more environmentally-friendly alternatives could reduce the greenhouse gas emissions from everyday grocery purchases by more than a quarter, a new study has found. The...
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A replenished Agricultural Damage Mitigation Fund helps producers affected by the damage
The reassuring information for the farmers who suffered damage this year is that about HUF 25 billion is available in the 2024 damage mitigation fund from the payments of the...
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Baumit Kft. received the Pro Urbe award
The energetically and aesthetically renewed Nipl Stefánia Swimming Pool in Dorog was handed over on Friday. At the handover ceremony, Baumit Kft. also received an award: the mayor of Dorog...
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Monster Bad Apple
Are you tempted to try it? We hope so! The new Juiced Monster Bad Apple is here, in an unusual packaging, with an apple cider flavour. Not too sweet, refreshingly...
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KSH: in April, retail turnover increased by 3.2 percent compared to the same period of the previous year
In April 2024, according to the raw data, the turnover volume of retail trade increased by 3.7 percent compared to the same period of the previous year, adjusted for the...
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In the euro area and the EU, retail sales decreased on a monthly basis in April
In a monthly comparison, retail sales in the euro area and the European Union decreased in April. According to data published on Thursday by Eurostat, the statistical office of the...
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“Employer Branding: the love of marketing and HR”…
In June, the first joint employer branding conference of the Hungarian Marketing Association and Marketing Art was held under the title “employer branding in the age of AI and GenZs”....
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FMCG retailer ranking 2023 is out now
Lidl, SPAR and Tesco are the top three, but there are changes! FMCG retail had a difficult year, with the inflation – which was particularly high in the sector –...
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OKSZ’s food retailer member companies are at the forefront of food donation
The reduction of food waste is treated as a priority task by international or mixed-owned food retailers operating in Hungary. Waste loss is reduced to a minimum with automated product...
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NGM: the recovery of consumption continued, the volume of retail trade increased again in April
Overall, the significant increase in retail turnover indicates that as a result of the government measures, consumption is in the recovery phase, this process is substantially supported by the suppression...
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According to the association of egg producers, Penny Market threatens the Hungarian market with cheap imported eggs
Cheap foreign table eggs have appeared in Penny Market’s Hungarian store network, according to the Association of Hungarian Egg Hybrid Breeders and Egg Producers, the store chain’s move could lead...
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