News and articles
The new gold mine: bubble tea
In recent years, bubble tea or “bubble tea” has gained enormous popularity worldwide. This drink of Taiwanese origin already has a significant economic impact in China, and has made several...
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Treasures of Regions – domestic delicacies on the shelves of SPAR
SPAR Hungary helps domestic small producers to enter the market with the Treasures of the Regions program, within the framework of which more than 500 products produced by domestic companies...
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Eco tomatoes are coming again at Lidl
From April 25th and May 2nd, the Hungarian landscape variety, organic tomato seedlings of the Ecological Agricultural Research Institute will once again be available in Lidl Hungary’s store network. Lidl...
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It was revealed how much Tesco’s first person earns
The CEO of Tesco, Ken Murphy, will receive a record salary of 10 million pounds (~4.6 billion forints) this year, which consists of base salary and performance-based benefits. Retail Gazette...
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Plant-based meat substitutes need new messages in 2024
Sales of the category, which initially exploded due to a number of factors, slowed down last year. This article is available for reading in Trade magazin 2024/4 Since the sector’s...
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The price increase at Lake Balaton is drastic
The prices of accommodation around Lake Balaton have increased by an average of 10% this year compared to the previous year, but the most popular settlements have experienced much higher...
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Fruit growers cannot rest completely yet
By the second half of April, the flowering of fruit trees in Hungary has finished, indicating that nature is significantly ahead compared to previous years. As a result of the...
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Szent György-hegyi wine days: it is worth developing in the natural environment with small steps, in a landscape-specific way
It is worthwhile to carry out developments that match the landscape with small steps, in a manner consistent with the landscape, paying attention to how the environment reacts to this...
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A subsidy program to strengthen tourism competitiveness is launched with a budget of 15 billion
A support program to strengthen the competitiveness of players in the tourism sector is being launched: the most important goal of the complex, three-pillar 15 billion HUF support program package...
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Eleven new stores to back Mercadona’s growth in Portugal
Spanish retailer Mercadona plans to open 11 new stores in Portugal in 2024, increasing its presence in the country. The expansion would bring the chain’s total number of stores to...
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Grant Thornton survey: Flexibility and an inclusive work environment can help retain accountants
Not only recruitment, but also retention poses serious challenges to employers in the financial and accounting sector. Finding and hiring the right specialist is only the initial step for employers....
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The import of fresh eggs increased by 71 percent
Based on data from the European Commission, EU (EU27) egg and egg product imports increased by 68 percent to 9,000 tons in January 2024 compared to the same month of...
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Atmedia presents itself with a completely new image
At the Digital-Media Hungary conference, Hungary’s market-leading multimedia trading house, Atmedia, appeared with a completely renewed image after 15 years. The purpose of the development was to follow the strategic...
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Emmi acquires majority stake in Brazilian dairy producer from Coca-Cola
Emmi Group’s Brazilian subsidiary, Laticínios Porto Alegre, will acquire a majority stake in dairy product producer Verde Campo from Coca-Cola in the state of Minas Gerais, subject to approval by...
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Aldi Süd Opens Mixed-Use Property Near Karlsruhe
Discounter Aldi Süd has developed a mixed-use property in Waldbronn near Karlsruhe in Germany, which includes both retail and residential space. Retailers at the new local shopping centre have opened their...
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Full-time jobs in retail sector are in demand
Retailers are seeing increased interest from job seekers looking for full-time positions. That’s according to the “iCIMS Insights April 2024 Workforce Report,” which found that applications per opening (APO) for full-time...
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The volume of beef imports increased by 24 percent
Based on KSH data, Hungary’s live cattle exports increased by 6.2 percent in January 2024 compared to January 2023. The main partners were Kosovo, Croatia, Austria, Turkey and Albania. Hungary’s...
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XIXO Pink Lemonade Strawberry and Lime 250 ml
We have brought the new XIXO Pink Lemonade soft drink to pink lemonade lovers, combining tradition and modernity in a stunning pink package. Reinterpreting lemon-lime flavours, the XIXO Pink Lemonade...
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Plant-based foods are taking over
Both manufacturers and distributors in the plant-based segment are trying to keep up with consumer demand, experimenting with innovative products and sustainable solutions. This article is available for reading in...
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Dairy substitutes: product developers are focusing on hybrid concepts and price parity
Once limited to soya milk, plant-based dairy alternatives are now much more diverse in terms of ingredients and formats: a wide range of non-dairy cup and drinkable yogurts, cheeses, creams...
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More high-quality plant-based private label products
According to PLMA, European private label sales will reach a record EUR 340bn in 2023. This article is available for reading in Trade magazin 2024/5 V-Label says this is partly...
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Brand reputation could suffer because of falling living standards
KPMG’s Global Customer Experience Excellence Research 2023-2024 report has summarised the experiences of more than 81,000 customers in 21 countries. The survey covers around 3,000 brands. This article is available...
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Raw milk’s price stays put
According to AKI PÁIR, the producer price of raw milk in Hungary was HUF 164.3/kg in February 2024. This article is available for reading in Trade magazin 2024/5 With a...
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European Private Label Awards 2024 winners announced
The European Private Label Awards, organised by ESM: European Supermarket Magazine, attracted 68 entries this year, with 21 innovations in 17 categories. This article is available for reading in Trade...
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DIA to close more than half its stores in Brazil
Spanish grocery group DIA is to close 343 of its stores and three warehouses in Brazil, after the company ended last year with a negative result of a EUR 154m...
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No more chocolate and sweets at the checkout in Kiwi stores
Norwegian discount retailer Kiwi would like to promote healthy food choices for shoppers by removing all chocolate and sweets products from the checkout zone. The initiative has been welcomed by...
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Open water!
There was a sales drop in the mineral water category last year. However, the branded flavoured mineral water market has produced an impressive growth recently. This article is available for...
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European Parliament adopts AI legislation
The European Parliament has voted by an overwhelming majority in favour of EU legislation on artificial intelligence. This groundbreaking regulation is expected to enter into force early next year and...
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Nébih: the spring food inspection ended with fewer fines than last year
The national food inspection, which ended on April 1, ended with approximately the same number of warnings, but fewer fines than last year, the National Food Chain Safety Office (Nébih)...
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2024 Q2 Investment Outlook: Timing matters
Positive momentum is building. The outlook for 2024 has brightened, but we caution that it won’t take much to spill over.We came into 2024 believing that a cyclical recession, featuring...
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