News and articles
German retail sales decreased in April on a monthly and annual basis
German retail sales fell more than expected in April month-on-month, and the German Federal Statistical Office, Destatis, registered a decline on an annual basis as well, according to Friday’s report....
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Duna House: an upswing is expected this year in the catering and business premises market
The improving economic situation and the continuous strengthening of tourism can bring a boom this year to the market of catering establishments and business premises, which in recent years have...
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Many people choose Croatia instead of Lake Balaton this year as well
As the summer season approaches, many are concerned with the question: Will the shores of Lake Balaton or the Adriatic Sea be the more expensive holiday destination in 2024? According...
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Facilitation of land use change through social consultation
Based on the Strategic Plan of Hungary’s Common Agrarian Policy (KAP), the social consultation of the draft call for tenders entitled “Investments promoting land use change and their maintenance” has...
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Foodora To Close Online Supermarkets In Austria
Delivery Hero subsidiary foodora plans to close its online supermarkets in Austria, risking approximately 128 jobs. The closure of foodora markets in Austria will not impact its product offering as...
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During the period of permanent water shortage, it is possible to irrigate without a water law permit
The Ministry of Agriculture supported the initiative of the Association of Hungarian Farmers’ Cooperatives and Farmers’ Cooperatives and the National Chamber of Agriculture, following which the Ministry of the Interior...
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Lidl Ireland Expands GoCar Partnership To 50 Stores
Lidl Ireland has expanded its partnership with car- and van-sharing service GoCar by installing 100 pay-as-you-go vehicles to rent in 50 stores across Ireland. In the past year, more than...
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Arla Foods to launch Milka chocolate milk with Mondelez
Milka chocolate milk will be launched in Germany, Austria and Poland next month. Danish dairy group Arla Foods has struck a licencing deal with US confectionery giant Mondelez International to...
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The domestic cherries are ripening. The popular fruit will soon be available in larger quantities on the markets
The domestic cherry season started earlier than usual, the picking of the early varieties started already in mid-May, but a larger quantity of the popular fruit will be on the...
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Új PICK Pickolino crackling, mustard seed frankfurter
Now that it is high season for football fans, we are extending the PICK Pickolino range with a limited edition product: a crackling, mustard seed frankfurter. Contact: Pick Szeged Zrt....
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ABInBev says the start of the year was encouraging
ABInBev has had a better start to the year than the company expected, with both revenue and profit growing above expectations. ABInBev ended the first quarter with 2.6% higher revenues...
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Germany’s Mix Markt arrives in Serbia
German food chain Mix Markt, which specialises in Eastern European flavours, has opened three stores in Serbia – two in Belgrade and one in Novi Sad. The stores offer a...
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KAISER grilling sausage 190g
KAISER’s grilling sausage selection offers consumers something new every year. In 2024 four new grilling sausages are introduced, with 80% meat content. Contact: MECOM Group s. r. o.; Vevőszolgálat T.: 06-56-520-300;...
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Fidelity International: softer landing is likely
When the fourth quarter of 2023 was approaching, fund manager Fidelity opined the most likely scenario for 2024 was a cyclical recession, with a moderate economic contraction followed by a...
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Record sales by certified organic products in the US in 2023
In the US the certified organic market reached a record USD 69.7bn in sales in 2023, according to the Organic Trade Association (OTA). This article is available for reading in...
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Dr Beáta Olga Felkai: “One of the Hungarian presidency’s priority topics will be the fight against food loss and waste”
Dr Beáta Olga Felkai, deputy state secretary for food chain supervision and trade policy at the Ministry of Agriculture has given us an insight into the challenges, government responses and...
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Retail trade 2023: rationalising consumers, technological development
In this article we try to paint a picture of what happened in retail trade last year. 2023 was a challenging year for the food sector in Europe and overseas....
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FoodTechShow: investing is a must
On 9-10 April the Hungarian Chamber of Agriculture (NAK) organised its FoodTechShow at Millenáris. More than 60 exhibitors showcased nearly 150 innovative technologies and machinery for the representatives of the...
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Plant-based proteins: a complete source of essential amino acids
A recent study claims that many of the most popular vegan proteins contain all 9 amino acids, namely histidine, isoleucine, leucine, lysine, methionine, phenylalanine, threonine, tryptophan and valine. This article...
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GKID eTOPLISTA 2023: Unchanged leading position, changing balance of power
Since 2015, GKID has been creating public rankings of online merchants in the Hungarian market, focusing on those with the highest revenues. In collaboration with Mastercard, this year they compiled...
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Reversal instead of filling the digital gap
Digiméter has measured the digitalisation level of Hungarian small and medium-sized enterprises (SMEs). This article is available for reading in Trade magazin 2024/5 The main index score was 40 on...
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Tesco strengthens with more than 200 DRS machines
There are more than 200 DRS machines available in Tesco stores across the country, which enable the delivery of single-use and refillable beverage packaging. The supermarket chain also prioritizes the...
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Lidl Hungary’s communication tools continue to expand
Lidl Hungary’s communication toolkit continues to expand and at the same time its social media presence, so as of today it is also available on TikTok. The site’s followers can...
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Scary amounts of toxic substances have been found in Shein’s children’s products
A recent investigation ordered by the South Korean government has revealed serious security concerns about products sold by Chinese online commerce giants. During the inspections, dangerous levels of toxic substances...
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Rossmann Hungary won the title of Trusted Employer
As part of the German-Hungarian Chamber of Industry and Commerce’s (DUIHK) annual meeting on May 16, 37 companies were awarded the title of “Reliable Employer 2024/2026”, including Rossmann Magyarország Kft.,...
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Climate change is also a challenge for Hungarian breweries
Global climate change also presents challenges to breweries, since raw materials such as barley and hops are sensitive to weather conditions. Hungarian breweries are particularly sensitively affected, as their options...
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Global polycrises in logistics: there are many challenges, but adaptation in the sector is constant
During May, the Hungarian Logistics Association (MLE) organized a number of professional events, including several conferences. In the diverse cavalcade of events, the actualities of logistics geopolitics, but also the...
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Tightening ESG regulation and practical challenges: where are we and where are we going?
The ESG (Environmental, Social, and Governance) framework has become a critical element in corporate operations and investment decision-making. At the Portfolio Property X 2024 conference, experts discussed the current status...
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AI Readiness – or how are companies doing with artificial intelligence?
The latest market research by System 32 IT Kft. sought to find out how “MI ready” a business is, i.e. to what extent the given organization is ready to use...
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