News and articles
Absolut Vodka’s Distillery Reaches Fossil-Free Milestone
Absolut Vodka’s net-carbon neutral distillery – one of the most energy efficient in the world – is now powered solely by renewable energy sources. The company announced that its distillery...
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Hungarian agricultural exports increased dynamically in the first half of the year
The measures taken to renew the Hungarian agriculture and food industry and the developments implemented have reached their goal, they continued to expand, and agricultural exports exceeded last year’s value...
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Auchan cuts costs and jobs
Auchan‘s management is taking out the hatchet: the loss-making French food retailer is to cut nearly 2,400 jobs, close ten unprofitable stores and discontinue its home delivery business. Auchan announced...
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Lidl is recalling meat products
Gazda Csemege Hús Kft. is recalling the Mangalica 270g product of Hazánk Kincsei Szárazkolbász due to the possible presence of salmonella. The product is also available in Lidl stores, so...
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A unique precision soil scanning procedure was presented in Europe
Soil is one of the most important production “tools” in agriculture, whose nutrient supply, biological health, appropriate structure and water retention capacity determine the success of production. Syngenta is introducing...
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The agrarian reforms of 100 years ago still carry an important message today
“We remember a forward-looking thinker who laid the foundation for the concept of rural development and ecological sustainability,” said Sándor Farkas, deputy minister of the Ministry of Agriculture, at the...
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Morrisons supports farmers by introducing “environmentally friendly” white eggs
Morrisons is adding white eggs to its Chuckle Eggs range as part of its “For Farmers” scheme, which will see 6p for every six dozen eggs sold go to farmers....
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Mondi increases its presence in Western Europe via acquisition
Packaging firm Mondi has entered into an agreement to acquire the packaging operations of Schumacher Packaging in Germany, Benelux and the UK. The acquisition will add around one billion square...
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Just Eat Takeaway is losing market share
Just Eat Takeaway reported a 6% drop in the number of orders placed in the third quarter at 211.1 million, with the decline particularly significant in the US at minus...
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Amazon’s latest concept, Amazon Grocery opens in Chicago
Amazon’s latest experimental supermarket has opened on 3,800m² in Chicago’s upscale Near North Side neighbourhood. The e-commerce giant’s store, called “Amazon Grocery”, is located in a space formerly used as...
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Bolt and Starship launch autonomous home delivery service in Estonia
Estonian firms Bolt and Starship Technologies have launched an autonomous grocery delivery service in Tallinn. It is the first of its kind in Europe and is the result of a...
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Jumbo uses zero-emission vehicles to deliver goods to Amsterdam stores
Dutch company Jumbo is using zero-emission electric trucks, called “Oxygen”, to deliver goods to its stores in Amsterdam. The recently acquired vehicles were developed by Renault Trucks in collaboration with...
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Carrefour teams up with Bringo to collect packaging waste in Romania
In partnership with food delivery service Bringo, Carrefour is collecting used packaging in Romania. As part of the initiative, customers of any Carrefour hypermarket will be able to return empty...
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Arla Foods to buy Egyptian dairy company
Arla Foods has made an acquisition offer for Egypt’s Arabian Food Industries Company (Domty), with a price per share of EGP 31.48, representing a total consideration of EGP 8.897m (EUR...
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SPAR opens state-of-the-art logistics centre in Croatia
On 9 October SPAR opened a new logistics centre in Donja Zdenčina, near Zagreb, in Croatia. The 75,000m² centre represents a significant step forward in supplying 140 SPAR and INTERSPAR...
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Mastercard Digital Payment Index moves up
In 2023 Hungary stood at 62 points in the Mastercard Digital Payment Index (DPI), which analyses the progress of digitalisation in payments – this was an increase of 11 points...
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Innovation, sustainability and Hungarian identity in the logistics market
The Foxpost story began as a Hungarian start-up in 2014, with the goal of offering a convenient, sustainable and efficient parcel delivery solution for online shoppers. This article is available...
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Soproni’s “rock” promotion comes to an end
Nearly 23,000 votes were cast by music-loving beer fans in the Soproni beer competition. Participants of the nationwide promotion could win an exclusive Tankcsapda concert for their favourite pub. Out...
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Unilever to invest EUR 75m in Nyírbátor
Unilever is bringing the manufacturing of a new product category and global beauty brands to Hungary: Axe, Rexona and Dove aerosol deodorants will soon be made here. The new factory...
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Big steps forward in Gyöngyös
With the financial support of Procter & Gamble, the renovation of two temporary homes in Gyöngyös has been completed. P&G and four of its brands – Oral-B, Head & Shoulders,...
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It is worth choosing domestic poultry for St. Martin’s Day
This year too, goose steak cannot be missing from the Martin’s Day table. According to the overview of the National Chamber of Agriculture and the Poultry Product Council, there is...
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Before St. Martin’s Day: can we expect an increase in prices for geese and ducks?
On November 11, St. Martin’s Day, it is customary to eat goose, and according to this, goose roast is an indispensable delicacy in Hungarian kitchens. However, due to the bird...
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Extraordinary consumer protection inspections are being launched at food courier companies
The Ministry of National Economy, which is responsible for consumer protection, is launching an extraordinary consumer protection investigation at the largest food courier companies, Márton Nagy’s ministry announced. The measure...
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They are further tightening the rules for exchanging glass: new restrictions in supermarket chains
Some supermarket chains have introduced new restrictions in the glass redemption system, which affect not only the maximum limit of the amount that can be paid, but also when the...
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Ryanair’s profit decreased in the first half of the business year: a moderate result despite an increase in revenue
Ryanair, one of Europe’s largest low-cost airlines, posted a significant drop in profits in the first half of this financial year, which lasted until the end of September. According to...
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Omnichannel Scale 2024: How can Hungarian retailers remain competitive?
The Omnichannel Scale 2024 study gives a comprehensive overview of how retailers can seize the opportunities, while facing the challenges of implementing an omnichannel strategy. This article is available for...
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Starbucks’ holiday beverage lineup has arrived: new flavors and nostalgic favorites for the winter months
With the arrival of the cold months, Starbucks is once again bringing you special drinks of the holiday season that perfectly match the mood of the winter season. In addition...
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Hungarian AI software rewrites the international business world in hospitality
AI-powered Everguest Intelligence offers a complete solution for the everyday tasks of tourism and hospitality professionals. This article is available for reading in Trade magazin 2024/10 100% Hungarian developed Everguest...
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The Association of Managers’ Countries and the National Association of Entrepreneurs and Employers signed a cooperation agreement for the future of management training
The National Association of Managers and the National Association of Entrepreneurs and Employers (VOSZ) solemnly signed their strategic cooperation agreement, which strengthens the cooperation between the two organizations in the...
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A wave of fee increases is coming at domestic banks
Significant fee increases are expected at Hungarian banks from January 2025, after the stop on fee increases previously introduced by the government expires. OTP Bank has already announced the new,...
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