News and articles
NRF: Mother’s Day spending estimated to reach $33.5 billion
According to new survey data from the National Retail Federation (NRF) and Prosper insights & Analytics, consumers are expected to spend $33.5 billion on the holiday, which falls on May...
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Beekeeping is one of the most important branches of agriculture
Honey can be imported, but pollination cannot, which is why it is necessary to support the activities of beekeepers by all means and stop the flow of artificial honey from...
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Mondelēz seeks to work with tech startups focused on ingredients, packaging and sustainability
The snacking giant said the companies it partners with as part of its incubator program will provide early access to new capabilities to develop breakthrough products and platforms. Mondelēz International’s...
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More than 60 percent of the planned sowing work has already been completed
According to operational reports assessing the state of agricultural work, the planned sowing area for spring-sown field crops in 2024 will be around 1.9 million hectares. Farmers completed 63.7 percent...
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Reacty Digital research: Shrinking products, growing information
In Hungary, starting from March 1, 2024, larger food retailers will be required to provide attention-grabbing information to customers if the packaging of the prepackaged products they offer has decreased...
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Chocolate brands are still standing
Last year high inflation and rising raw materials prices, especially for cocoa and sugar, affected the chocolate category and forced manufacturers to take steps: almost every market player increased prices....
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Challenges ahead in 2024 for the Hungarian food industry
2024 is shaping up to be another challenging year for Hungary’s food industry, according to András Benkő, Director of Commerce and Marketing at Kaiser Food. He noted that low consumer...
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Spar closed last year with a turnover of over one thousand billion forints
Spar Hungary achieved a turnover of HUF 1,023.2 billion last year, which represents an increase of almost 16 percent compared to 2022. The company opened five new stores and modernized...
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Slower Growth at Hell Energy, but stable export and strengthening EBITDA
Hell Energy Magyarország Kft. has reported a revenue increase for 2023, though the growth rate has slowed considerably compared to previous years. Revenue rose from 150 billion HUF in 2022...
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PENNY and Munch’s food rescue initiative is a success
Since February 2024, Munch surprise packages have been available in PENNY stores across Hungary, saving over 70,000 food packages from waste, nearly doubling the results of the collaboration over the...
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Product sizes are not always reduced due to inflation
In recent years, customers may have noticed something about some of their favorite products, like Pampers diapers or Always feminine hygiene products: they’ve gotten smaller. However, this reduction in size...
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GKI article in the EU: 20 years of change
Are we falling behind the Visegrád countries, or are we on the way? Has Romania really overtaken us? On May 1, we will celebrate the 20th anniversary of our accession...
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Exotic meat market in Hungary: we also sell kangaroo meat and crocodile tail
In Hungary, interest in exotic meats is on the rise, available at high prices and under special conditions. With the barbecue season approaching, it’s useful to explore the options for...
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They can spice up grilling!
The careful choice of dressings, sauces and seasonings is a key factor in the success of a barbecue. Last year’s record inflation set back volume sales in all categories, but...
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The companies expect only moderate expansion
The weakness of the domestic and German economies is also reflected in the business mood of the member companies of the German-Hungarian Chamber of Industry and Commerce (DUIHK). According to...
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The expansion of strawberry fields and pricing in Hungary
In Hungary, the cultivated area for strawberries has seen a notable increase in recent years, growing from 550 hectares in 2020 to an officially recorded 656 hectares today. Including smaller...
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A radical change can be observed in savings
Other winds are blowing in the investment markets: the period of double-digit returns is over, but according to K&H experts, real returns above the slowed inflation can still be achieved....
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Fütyülős Tutti Frutti
As the most colourful period of the year is approaching, it brings one of the most exciting Fütyülős innovations with itself, Fütyülős Tutti Frutti. Contact: Zwack Unicum Nyrt. Kitti Nagy-Szalay; e-mail: szalay@zwackunicum.hu; web: www.futyulos.com...
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Domestic gardeners are not threatened by imported plants
Flowers and ornamental plants are indispensable accessories for the spring splendor of balconies and terraces. In the past, geraniums ruled this world, but today those who are thinking about beautifying...
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BDO: Restructuring of struggling businesses is more effective
Viable businesses but struggling with payment difficulties have been able to start a restructuring procedure in Hungary for almost two years now, since July 2022, however, despite the fact that,...
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BNI: it is difficult to reintegrate mothers with young children into the labor market
Women still have to meet conflicting expectations regarding starting a family and getting a job, which not only complicates their situation, but also takes away significant resources in terms of...
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Health in everyday life
A healthy lifestyle means different things to different people, and it isn’t specifically limited to eating. This article is available for reading in Trade magazin 2024/5 Our representative survey of...
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More and more people are looking for sweet potatoes
The well-known healthy and tasty sweet potato is increasingly becoming the focus of attention among domestic producers and consumers. But is it capable of displacing the traditional potato from our...
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Every year 8 billion HUF us stolen from our bank cards because of our convenience
Our convenience is our undoing: we want to quickly pounce on a good offer on the Internet and we don’t care about security – thanks to this, the rate of...
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Munkahelyeink.hu: in the field of AI and sustainability, the demand is increasing mostly for employees
In the era of rapid technological development and the increasing demand for sustainability, certain fields of work are becoming much more sought after. The demand for employees with these skills...
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Back to the Roots – The Renaissance of the hard-discounter
The time is ripe for a renaissance of the hard discount format in Europe. But a winning strategy will not necessarily mean turning back the clock and copying the highly...
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Crisp to expand in Belgium
Online fresh food market Crisp has put its Belgian distribution centre up for rent, while orders for Belgium are now being processed in the Netherlands. However, the company says this...
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K&H: they evaluated the transparent climate strategy
K&H’s Belgian parent bank, the KBC Group, has once again received an “A” rating from the non-profit organization CDP (Carbon Disclosure Project), which annually surveys companies’ climate change efforts. CDP...
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Scientific results help the revision of the nitrate regulation
In order to develop a well-founded policy, long-term cooperation with scientific actors and professional organizations is necessary. This is proven by the 5-year research program launched by the Ministry of...
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7-Eleven could re-enter the UK as it eyes European expansion
International convenience chain 7-Eleven could rebuild its presence in the UK as its parent company Seven & I Holdings looks to further expand into Europe. During Seven & I Holdings’...
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