News and articles
Domestic sunflower cultivation is at the forefront of Europe
According to the forecast of Syngenta, the market leader in the field of sunflower seeds, compared to last year’s record 700,000 hectares, the planting area of the plant will decrease...
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Carbonated soft drinks and syrups riding the stormy waves of the market
In 2023 the carbonated soft drinks market continued to be affected by external factors such as high inflation, the changing tax environment, the introduction of the EPR fee, soaring raw...
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Joe Biden called on traders to reduce prices in the wake of the high inflation figure
The President of the United States of America, responding to the higher-than-expected inflation data, called on American companies and trade actors to reduce their prices in order to reduce inflation....
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The submission of uniform applications for 2024 has started
The legislation required for the submission of uniform applications has been published. Thus, between April 10, 2024 and June 10, 2024, farmers can submit their applications for 44 direct support and...
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C-store operator Re-Up deploys robotic chef amid big expansion plans
Re-Up, which bills itself as the c-store of the future, is partnering to deploy autonomous kitchens as it plots ambitious store growth. Re-Up, the world’s first AI-powered convenience store operator,...
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Beekeepers: this year’s harvest prospects are good, but the low purchase price is a problem for large honey producers
This year’s acacia season may be favorable for domestic beekeepers, however, as a result of persistently low purchase prices caused by Chinese honey flowing into the European Union – mostly...
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Thanks to Lidl, the bakery is expanding
As a member of the Simid Group, the Bulgarian company Hebar has made significant progress in opening up to export markets, mainly thanks to its long-term partnership with the Lidl...
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Coca-Cola’s smartwater launches canned water as demand for convenience rises
Coca-Cola brand smartwater is rolling out 12 oz aluminum cans for water, offering an updated design and elevated consumption experience. Smartwater original and smartwater alkaline with antioxidant have been available...
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Retail consolidation in Central & South-Eastern Europe accelerates: Discounters and local heroes can increase the lead against other competitors
Over the past two years the emerging markets of Europe have gained in importance in the balance sheets of international retailers. However, in contrast to the past, market share growth...
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Tesco partners with global grocers to launch retail innovation venture fund
Tesco has become one of five leading global grocery retailers to establish a pioneering collaborative venture fund to accelerate innovation across retail. The W23 Global venture fund, which is equally...
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István Nagy: change is also needed in Brussels for the sake of farmers
Change must also be achieved in the interest of farming society during the June EP elections, because Brussels’ agricultural policy threatens the future of European producers and the food security...
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European governments promote diets with protein alternatives
Several European countries are supporting plant-based and other alternative protein based diets, according to a PLMA International summary. This article is available for reading in Trade magazin 2024/4 In Denmark...
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Milka Hazelnut Creme 85 g
Milka milk chocolate made with Alpine milk and a really creamy hazelnut cream filling (36%), coated with fine, smooth Milka chocolate. Contact: Mondelēz Hungária Kft. Krisztina Nagyidai brand manager; web: www.milka.hu...
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DS Smith invests EUR 13m in its Austrian factories
Packaging company DS Smith is investing EUR 13m in its production facilities in Margarethen am Moos and Kalsdorf bei Graz in Austria. The investment will increase DS Smith’s production capacity...
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Hungarians don’t eat what they like, but what they can afford
Many people in Hungarian society don’t buy the food they want, but what they can afford – it was said at the Erste Bank analysts’ background discussion. As a result,...
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Central European financial managers are significantly more optimistic, according to the Deloitte survey
According to a recent Deloitte survey, Central European financial managers are much more optimistic than a year ago. The survey, which sought the opinions of more than five hundred financial...
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Mere is really coming: Hungarian workers are already being recruited
It seems that it was not an April fool’s joke after all, the Russian Mere store chain will soon appear in Hungary and is already making serious preparations for market...
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New commercial director at Márka Udítőgyártó
János Szász will hold the position of commercial director of Márka Üdítőgyártó Kft. from April 1, 2024. The goal of the manager, who has been working in the FMCG sector...
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AKI: the export value of 13 of the 24 agricultural and food product groups increased in 2023
In an annual comparison, the assets of Hungarian agricultural foreign trade increased by 51 million euros (almost 20 billion forints) to 3,519 million euros (almost 1,400 billion forints) in 2023...
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It is extremely important for Hungarians that the shops operate in a sustainable manner
Environmental awareness is becoming an increasingly important aspect for customers, and according to a recent survey, Hungarians also find it extremely important that stores operate in a sustainable manner. Based...
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Hungary subscribes: this is how subscription e-commerce changes our lives
Subscription e-commerce revolutionizes shopping, offering consumers greater savings, convenience, personalized offers and exclusive access. The new model not only enriches the customer experience, but also promotes the dynamic development of...
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Worrying survey: 95% of strawberries contain harmful chemicals
Government studies in the United Kingdom have revealed a serious problem: 95 percent of the strawberries available in the country contain perfluoro and polyfluoroalkyl substances (PFAS), which are dangerous to...
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Ready for boarding: the BrandFestival is heading to Berlin
The Republic Group is organizing its first European conference with the German Superbrands, ticket sales for the 2024 event will start on April 11. One of Central Europe’s largest strategic...
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20 years of Hungary in the EU: how has employment changed?
On May 1, 2004, ten new states joined the European Union, including Hungary. In our series of articles, we use one indicator to explore how the situation of our country...
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It is worth using salt substitutes
According to recent research, the use of salt substitutes can have significant benefits for cardiovascular health. A study published in the journal Annals of Internal Medicine points out that long-term...
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Aldi started a serious wave of store openings
Aldi has announced further expansion plans in the United States. Aldi opened more stores in America in 2022 and 2023 than any other grocery chain, according to the latest data...
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Schwarz Group, which owns Lidl, is investing 200 million euros in the development of its online business
The Schwarz Group, which owns the Lidl and Kaufland supermarket chains in Germany, has announced that it will invest EUR 200 million in the development of its online trading activities....
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Switzerland absorbs the mass of domestic meat industry workers
The search for butchers and beef boners in Switzerland is increasingly aimed at Hungarian workers, and not by chance. A Swiss meat plant is currently offering such a high salary...
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Temu floods the market with a new strategy
Temu, owned by China’s PDD Holdings, is expanding its marketplace to include sellers with US warehouses to compete with Amazon, reducing delivery times and expanding its product range. Temu, part...
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Márton Nagy: the duality of the economy must be resolved
The duality of the Hungarian economy must be resolved, the foreign and Hungarian property present in Hungary must function together and in an integrated manner – emphasized National Economy Minister...
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