News and articles
Eleven new stores to back Mercadona’s growth in Portugal
Spanish retailer Mercadona plans to open 11 new stores in Portugal in 2024, increasing its presence in the country. The expansion would bring the chain’s total number of stores to...
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Grant Thornton survey: Flexibility and an inclusive work environment can help retain accountants
Not only recruitment, but also retention poses serious challenges to employers in the financial and accounting sector. Finding and hiring the right specialist is only the initial step for employers....
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The import of fresh eggs increased by 71 percent
Based on data from the European Commission, EU (EU27) egg and egg product imports increased by 68 percent to 9,000 tons in January 2024 compared to the same month of...
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Atmedia presents itself with a completely new image
At the Digital-Media Hungary conference, Hungary’s market-leading multimedia trading house, Atmedia, appeared with a completely renewed image after 15 years. The purpose of the development was to follow the strategic...
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Emmi acquires majority stake in Brazilian dairy producer from Coca-Cola
Emmi Group’s Brazilian subsidiary, Laticínios Porto Alegre, will acquire a majority stake in dairy product producer Verde Campo from Coca-Cola in the state of Minas Gerais, subject to approval by...
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Aldi Süd Opens Mixed-Use Property Near Karlsruhe
Discounter Aldi Süd has developed a mixed-use property in Waldbronn near Karlsruhe in Germany, which includes both retail and residential space. Retailers at the new local shopping centre have opened their...
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Full-time jobs in retail sector are in demand
Retailers are seeing increased interest from job seekers looking for full-time positions. That’s according to the “iCIMS Insights April 2024 Workforce Report,” which found that applications per opening (APO) for full-time...
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The volume of beef imports increased by 24 percent
Based on KSH data, Hungary’s live cattle exports increased by 6.2 percent in January 2024 compared to January 2023. The main partners were Kosovo, Croatia, Austria, Turkey and Albania. Hungary’s...
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XIXO Pink Lemonade Strawberry and Lime 250 ml
We have brought the new XIXO Pink Lemonade soft drink to pink lemonade lovers, combining tradition and modernity in a stunning pink package. Reinterpreting lemon-lime flavours, the XIXO Pink Lemonade...
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Plant-based foods are taking over
Both manufacturers and distributors in the plant-based segment are trying to keep up with consumer demand, experimenting with innovative products and sustainable solutions. This article is available for reading in...
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Dairy substitutes: product developers are focusing on hybrid concepts and price parity
Once limited to soya milk, plant-based dairy alternatives are now much more diverse in terms of ingredients and formats: a wide range of non-dairy cup and drinkable yogurts, cheeses, creams...
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More high-quality plant-based private label products
According to PLMA, European private label sales will reach a record EUR 340bn in 2023. This article is available for reading in Trade magazin 2024/5 V-Label says this is partly...
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Brand reputation could suffer because of falling living standards
KPMG’s Global Customer Experience Excellence Research 2023-2024 report has summarised the experiences of more than 81,000 customers in 21 countries. The survey covers around 3,000 brands. This article is available...
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Raw milk’s price stays put
According to AKI PÁIR, the producer price of raw milk in Hungary was HUF 164.3/kg in February 2024. This article is available for reading in Trade magazin 2024/5 With a...
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European Private Label Awards 2024 winners announced
The European Private Label Awards, organised by ESM: European Supermarket Magazine, attracted 68 entries this year, with 21 innovations in 17 categories. This article is available for reading in Trade...
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DIA to close more than half its stores in Brazil
Spanish grocery group DIA is to close 343 of its stores and three warehouses in Brazil, after the company ended last year with a negative result of a EUR 154m...
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No more chocolate and sweets at the checkout in Kiwi stores
Norwegian discount retailer Kiwi would like to promote healthy food choices for shoppers by removing all chocolate and sweets products from the checkout zone. The initiative has been welcomed by...
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Open water!
There was a sales drop in the mineral water category last year. However, the branded flavoured mineral water market has produced an impressive growth recently. This article is available for...
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European Parliament adopts AI legislation
The European Parliament has voted by an overwhelming majority in favour of EU legislation on artificial intelligence. This groundbreaking regulation is expected to enter into force early next year and...
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Nébih: the spring food inspection ended with fewer fines than last year
The national food inspection, which ended on April 1, ended with approximately the same number of warnings, but fewer fines than last year, the National Food Chain Safety Office (Nébih)...
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2024 Q2 Investment Outlook: Timing matters
Positive momentum is building. The outlook for 2024 has brightened, but we caution that it won’t take much to spill over.We came into 2024 believing that a cyclical recession, featuring...
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KPMG: Female senior managers adapted surprisingly quickly to the polycrisis
Despite their increased workload, female senior managers are optimistic about company growth, social change, gender equality and their own careers. The majority have adapted to the current polycrisis and are...
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Breakfast cereal buyers are looking for new flavours and healthy products
According to the Hungarian Chamber of Agriculture (NAK), consumers are looking for new flavours and various “free-from” products are becoming increasingly important. This article is available for reading in Trade magazin...
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NGM: tourism demand is increasing, the SZÉP Card was also a popular means of payment in March
The SZÉP Card also generated strong traffic in March, which remains the engine of tourism, the Ministry of National Economy (NGM) told MTI on Monday. While 2.6 million users had...
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K&H: we don’t have much time left to reach the 55 percent reduction
The Hungarian economy still has 6 years to reach the EU’s goal of reducing greenhouse gas emissions by 55 percent. All economic actors must participate in this, and financial institutions...
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Consumer sentiment in the euro area improved to a more than two-year high in April
Consumer sentiment in the eurozone improved somewhat less than expected, but still reached a more than two-year high in April, according to Monday’s report based on preliminary data from the...
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Finally, in our country, returnable mineral water in replacement bottles is also available in larger grocery stores
The demand for sustainable mineral water consumption is increasing in Hungary. Meanwhile, the redemption system introduced at the beginning of the year is struggling, the majority of the machines installed...
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A donation of nearly HUF 2 billion from PENNY
PENNY Hungary achieved great results together with its charitable partners last year. Through the various collection campaigns and product donations, the living situation of needy families, disadvantaged and sick children,...
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Using Lidl Plus will be even easier
Lidl’s highly popular digital loyalty program, Lidl Plus, is renewed today. Thanks to the changes, using the application becomes even easier, because the newly introduced offers no longer need to...
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Hygiene – from intimately close
NIQ data reveals that value sales of femcare category segments – sanitary pads, pantyliners and tampons – have grown, but volume sales were lower in 2023 than in the previous...
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