News and articles
Industry trends are pulling the corrugated cardboard segment along, the market could grow to nearly 250 billion dollars by 2032
Analysts predict development in the corrugated cardboard industry in 2024 due to environmental regulations, the growing demand for sustainable materials and the boom in e-commerce. The biggest users of corrugated...
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Another online travel agency can sell Ryanair tickets
Ryanair, one of Europe’s leading low-cost airlines, has entered into a partnership with eSky, one of the leading online travel agencies in Central and Eastern Europe. According to this, eSky...
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Temu may receive a fine of up to HUF 780 billion
The Economic Competition Authority (GVH) considers it justified to initiate the competition supervision procedure against the Chinese online store Temu, whose subsidiary in Ireland is being investigated for unfair commercial...
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Eroski to open more than 50 franchises in 2024
Eroski’s momentum achieved in 2023 isn’t slowing down: the chain plans to open around 57 new franchises this year. The Spanish retailer has invested EUR 14m to open 65 new...
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Digitization contributes to increasing the competitiveness of the food industry
Technological development and the rise of IT tools can revolutionize the food industry, creating opportunities in the field of transparency, efficiency and safety, said Dr. Márton Nobilis, State Secretary of the...
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K&H: the goal is affordable and green energy
According to a Polish study, several European countries achieved part of their sustainable energy goals for 2030 a decade earlier. Hungary is not doing well, but there are indications that...
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It produced more spring onions, but fewer leeks
According to KSH data, Hungary produced 2.67 thousand tons of new onions (green onions) in 2022, which is 35 percent more than the previous year. Domestic spring onions are offered...
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Sándor Czomba: the number of job seekers has never been so low
The number of registered jobseekers is at a thirty-year low, this data has never been so low, which means that a significant number of people are looking for and finding...
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MNB: instant payment goes to a new level
From April 1, all domestic consumers and businesses can complete their payment transactions by accepting a payment request and initiating an immediate payment in response, the Magyar Nemzeti Bank (MNB)...
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The authority extracted enough pesticides for 100 hectares
In March, the inspectors of the National Food Chain Safety Office (Nébih) “obtained” 3.5 kg of a plant protection agent with Cyrillic letters and without a valid marketing and use...
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Greece is offering free holidays to tourists affected by forest fires
Greek tourism authorities have announced that tourists who were forced to leave their accommodation after the wildfires in Rhodes last July will be offered a week’s free stay on the...
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Tens of millions of domestic blooming ornamental plants may be on the market this year as well
After last year’s record turnover, strong demand is expected again this year on the annual ornamental plants market. Domestic horticulture is preparing for the season with around 8-10 million geranium plants...
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Lidl US cuts corporate jobs across 3 business units
The layoffs come a little over a year after the discounter let go of roughly 200 workers stateside. The layoffs are the latest move by Lidl to rightsize its operations...
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Nestlé to invest in Democratic Republic of Congo coffee operations
The funds would go towards coffee purchases, price premiums, technical assistance and community projects. Nestlé is set to invest $20m in the Democratic Republic of Congo (DRC) to “revive specialty...
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Nébih withdrew a plant protection product from the market
The National Food Chain Safety Office (Nébih) has withdrawn more than 30 kilograms of pesticides considered risky from circulation, the authority informed on Wednesday. Nébih’s inspectors made a trial purchase...
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European Championship Won’t Save German Economy, Study Shows
The European Championship to be held in Germany this summer is unlikely to turn into a summer fairytale for the euro zone’s largest economy as it struggles for growth, a...
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The export of rapeseed rose
According to Tallage, the spot export (FOB) price of canola seed delivered to the western border in Ukraine increased by $10 to $365/ton between February 16 and March 15. In Russia,...
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Intersport Deutschland’s expansion plans: 100 new stores in the next year
Intersport Deutschland, Germany’s leading sports retail chain, has announced a large-scale expansion plan aimed at expanding its network of stores. According to the plans, 100 new stores would be opened...
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Harder times, softer candies
This article is available for reading in Trade magazin 2024/4 “This difficult period is certain to continue this year, so we are focusing more on preserving our values, the results...
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The farmers and the government are each other’s strategic partners
Farmers’ interests must be protected because Brussels betrayed the producers, because the EU leaders did not protect the European agricultural markets against Ukrainian agricultural products, said Minister of Agriculture István...
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Tasty bites and the things that come with them
Trade magazin asked Rudolf Semsei, managing director of Budapest Party Service and head of the Event Gastronomy Chapter of MARESZ about the market situation in Hungary. This article is available...
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HULALA and GRAN CUCINA products
Hulala and Gran Cucina products are getting a new packaging design. Hulala products, which have been present in our product portfolio for a long time, will have the packaging style...
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Introducing the Samsung Extra wide bottom-freezer refrigerator
Samsung has announced the European launch of its new Extra wide bottom-freezer refrigerator. The refrigerator was presented at the “Welcome to BESPOKE AI” international event in Paris on April 3,...
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The huge success of Badacsony-wines
The biggest event of the Badacsonyi wine region moved to Budapest for one day for the thirteenth time and, as in previous years, it was once again a huge success....
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Cigarette and alcohol smugglers were busted in Zala
In just a few hours, two cigarette smugglers were caught by the tax inspectors of the National Tax and Customs Administration (NAV) in Zala, and a large amount of alcohol...
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Balázs Várkonyi spoke about the challenges and future of domestic e-commerce
In parallel with the rapid development of e-commerce and the decline of the covid epidemic, the market for second-hand products has also strengthened significantly. Balázs Várkonyi, CEO of Vatera.hu and...
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Easter was favorable for the meat industry
Although the domestic lamb export market developed favorably this year due to the strong Easter and Ramadan holidays, the long-term problems of the lamb sector still exist, overshadowing the positive...
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SPAR is slashing the prices of more than 400 of its products
Two special offers await customers in SPAR stores! You can save up to 45 percent on the price of some products included in the promotion. On Tuesday, April 2 and...
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GVH initiated proceedings against Extreme Digital-eMAG
The Economic Competition Authority (GVH) initiated proceedings against Extreme Digital-eMAG Limited Liability Company (eMAG) due to an alleged violation of unfair commercial practices towards consumers. The reason for the procedure...
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Mályvavirág Foundation and BioTechUSA for prehabilitation
In the spring, Mályvavirág Foundation will launch a 2-year prehabilitation pilot project called NOPREM for nearly 400 people, the aim of which is to improve the quality of life of...
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