News and articles

New Coca-Cola Creations appeal to K-Pop fans

Coca-Cola today unveiled Coca-Cola Creations’ latest beverage, Coca-Cola K-Wave Zero, which offers limited-edition flavors and experiences for K-Pop fans. The new Creations focuses on the growing popularity and audience of...

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A Hungarian expert was added to the WINA jury

Lounge Group’s creative director Péter Radovics also takes a seat in the hundred-person international jury. WINA, the World Independent Advertising Awards, will hold its prestigious international award ceremony in Monterrey,...

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Bobcats Coding has compiled an AI innovation manual for corporate decision makers

Bobcats Coding AI has created an innovation guide for corporate decision-makers that provides an overview of the rapid rise of artificial intelligence in the investment market, as well as tangible...

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On February 29, the III. REL EXPO, the short food supply chain conference and exhibition

The Short Food Supply Chain Expo and Conference will soon reopen in the main organization of the Kislépték Association and in the co-organization of the National Chamber of Agriculture and...

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Bahrain’s Formula 1 is moving on to Hungarian Festipay

The host of the season-opening Formula 1 race, the Bahrain International Circuit (BIC), announced in a press release issued today that they will switch to a cashless payment system with...

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Organic farmers enjoy an advantage in the distribution of HUF 2,900 billion intended for Hungarian agriculture

The social consultation before the call for tenders for rural development and agriculture has begun, so one detail may still change, but it is already clear that, in total, about...

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There is a lack of financial awareness among the youngest customers

Financial awareness can only be said of a narrow group of 14-18 year olds. In addition, every second young person thinks that they still have time to deal with their...

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The land sale program continues

More than 1,300 pieces of state-owned land with an area of less than 10 hectares will be offered for sale through a public tender in the land sale program, which...

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Discount Retailer Pepco To Quit Austrian Market

European discount retailer Pepco Group has said it will exit the Austrian market, saying it does not expect appropriate returns in the country. “The Group has today concluded that it...

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Heineken launches Birra Moretti with a hint of salt

Heineken has introduced Birra Moretti Sale di Mare, which is essentially unfiltered Birra Moretti lager, but “with a hint of sea salt”. The 4.8% ABV unfiltered lager is rolling out...

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The pre-tax profit of social farms increased significantly in 2022

The Test Factory Information System monitors the property, financial and income situation of Hungarian commodity-producing agricultural enterprises year after year. The analysis using data from 2022 includes 2,109 sample plants....

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FMI: 70% of food companies have health and nutrition strategies

As links between food choices and preventive medicine grow stronger, companies are hiring more medical professionals and looking into emerging trends like medically tailored meals. Grocery stores have grown into...

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Aldi Nord consolidates logistics and sales structures

After years of cost savings the discounter eyes international expansion push Aldi Nord in Germany wants to further simplify its sales structures and optimize the supply of its stores. By...

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Hungary achieved the highest investment record of all time – with a focus on related real estate developments

From the point of view of the inflow of foreign working capital, Hungary focuses on presenting the most significant industrial and logistics real estate developments at the world’s number one...

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HPAI vaccine bank at the service of epidemic prevention

The National Food Chain Safety Office established an HPAI vaccine bank in cooperation with Ceva-Phylaxia Zrt. The highly pathogenic avian influenza virus vaccine produced by Ceva has been granted a temporary...

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GKI: Hungary has been in the EU for 20 years: how has the population’s consumption 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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Kraft Singles rolls out new sliced cheese flavours for the first time in nearly a decade

Kraft Singles is launching three new flavours of its popular cheese range – jalapeño, garlic and herb and caramelised onion – for the first time in nearly a decade. Previously...

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I Like It Fresh Vegetable Dip Snacks

I Like It Fresh Vegetable Dip Snacks are made using second-grade vegetables, by which we rescue valuable food ingredients. We exclusively use home-grown produce when Hungarian vegetables are in season....

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XIBU sanitary BIN

Hagleitner has added a new product to its XIBU dispenser line, the XIBU sanitary BIN. The hygienic waste bin offers a stable and discreet solution: there are no unpleasant odours,...

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Although their economic optimism has doubled, nearly half of CEOs say change is needed

According to the 27th Annual Global CEO Survey, recently published by PwC in Davos, CEOs’ expectations of an economic downturn have dropped to 45% from a record 73% in last...

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Joint Venture Association awards presented to the winner companies

On 3 February the Joint Venture Association (JVSZ) held the third edition of its prestigious “Companies for the Future Award” gala event, with nearly 300 business leaders in attendance. JVSZ...

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PwC paves the way for AI technology with Harvey

Harvey is built on OpenAI and ChatGPT technology and is backed by the OpenAI Startup Fund. The platform uses natural language processing, machine learning and data analytics to automate and...

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A successful year for the SPAR online store: already more than 200,000 users

The number of customers in SPAR’s online shop, which offers 13,000 products, has increased to more than 200,000 in five years. This article is available for reading in Trade magazin...

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Agri-businesses have high hopes for 2024

Agricultural businesses are once again positive about the future, according to the latest 4th quarter results of the K&H agriculture index. This article is available for reading in Trade magazin 2024/2-3...

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Only alternative, organic and free-range eggs sold in four SPAR stores

From the end of January 2024, on a trial basis four SPAR stores in Budapest sell only alternative, organic and free-range eggs, excluding cage eggs from the assortment. SPAR has...

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Recycling a type of waste that has been buried until now

Hamburger Recycling Hungary Kft. is putting special machinery into operation in Lőrinci. This article is available for reading in Trade magazin 2024/2-3 The technology makes it possible to recycle industrial...

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SPAR Magyarország switches to environmentally friendly containers

SPAR Magyarország is introducing a new type of reusable transport container in its fruit and vegetable departments in 2024. This article is available for reading in Trade magazin 2024/2-3 IFCO...

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BMI: moderate slowdown in January

In January the seasonally adjusted Purchasing Manager Index (BMI) stood at 49.9. This article is available for reading in Trade magazin 2024/2-3 Respondents reported a slowdown and a trend similar...

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GVH proposes a multilevel sustainability labelling system

Green advertising messages are often unclear and confusing, and a significant proportion of consumers aren’t aware of the exact content and meaning of certain claims and labels – these are...

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The solvency of Hungarians may slowly return to pre-war levels

In the last quarter of 2023 the solvency of Hungarians continued to increase, following the annual trend – according to research by Intrum and GKI. This article is available for...

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