News and articles

Symbol of Sustainability 2023 awards presented

Trade magazine presented the Symbol of Sustainability awards to the winners for the fourth time at the FMCG industry’s biggest event, the 5-day Business Days conference, on 27 September. For...

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Masters of boxing

After a strong surge during the COVID period, the e-commerce sector kept growing albeit slower in 2022, before it began to decline in 2023 – mainly owing to a reduction...

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The challenges only made candidates stronger!

For the sixth time, on 7 September the Value and Quality awards were presented to the winners, in the building of the Hungarian Parliament. Trademark use and the award were...

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Nestlé and the Schwarz Group at the top of the international brand equity ranking

According to the latest report from brand valuation consultancy Brand Finance, Nestlé is the world’s most valuable food brand. Among retail chains, the Schwarz Group is the leader in Europe,...

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Hungarians search for information and compare products when they shop online

A significant proportion of Hungarians shop online: 35% of 18-65 year olds do it at least once a month and 17% once a week – according to a recent representative...

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DODO already delivers OTC drugs to your door

In addition to the cosmetic products and dietary supplements available in pharmacies, over-the-counter drugs (OTC) and medicinal products can now also be ordered for home delivery from the BENU Pharmacy...

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School starting help from SIÓ

SIÓ-Eckes has given 600 schoolbags and back-to-school packs to families in need at the start of the new school year. This article is available for reading in Trade magazin 2023/10....

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New digital market regulation reaches next phase

The European Union has taken another big step towards implementing the Digital Markets Act (DMA), which entered into force last November. This article is available for reading in Trade magazin...

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Spirits Industry Association’s campaign reached nearly 1 million consumers this summer

This summer the Hungarian Spirits Industry Association and Product Board was promoting the importance of conscious alcohol consumption through music and an educational online card game. “Pour responsibly! Fill up...

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Super-premium coffee variant in the Nespresso selection

It took more than 20 years for Nestlé’ coffee experts to hybridise the finest Arabica varieties and create a new variant called N°20. N°20 espresso coffee has an exceptional taste...

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GVH: 1,000 customers can receive a refund of HUF 15,000 to HUF 50,000 from Media Mark

Media Markt Magyarország Kft. advertised four types of television sets with unrealistic price discounts – this was revealed by the Economic Competition Office (GVH). The Competition Council of GVH imposed...

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The founder of Szentkirályi mineral water is launching a new product line

The Hungarian billionaire businessman Levente Balogh – the founding owner of Szentkirályi Magyarország – presented for the first time the new Viola product line that will be released in the...

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Investment promotion in Hungary is at its peak – the interest of foreign investors in the Hungarian economy is huge

With rural developments, industrial properties and premium offices with a volume exceeding that of the capital, Hungary is at the forefront of exhibitors at one of the world’s most prestigious...

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MTÜ: the Tourinform offices are preparing nearly a hundred programs for World Tourism Day

The tourist information offices at 47 points in the country are waiting for tourists with a total of 98 programs on Wednesday, World Tourism Day, the Hungarian Tourism Agency (MTÜ)...

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Benepack Hungary Kft. is building a packaging material factory in Mako

Benepack Hungary Kft. is building a packaging material factory in the industrial park in Makó, the foundation stone of the 65 million euro (25.3 billion HUF) investment was laid on...

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Nébih: Hungarian households are wasting less and less food

According to the fourth waste survey conducted by the National Food Chain Safety Office (Nébih), food waste in Hungarian households has decreased by 27 percent since 2016. The results of...

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Digitization on the agenda of the agriculture ministers of the Turkish states

The most important goal of the Organization of Turkish States (TÁSZ) is the increase of agricultural productivity and the closest and most effective cooperation in the field of agriculture –...

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Hungarian pálinka has also been included in the list of protected geographical indications in both the EU and Japan

In the framework of the economic partnership agreement between the European Union and Japan, another 42 EU and Japanese products have been added to the list of protected geographical indications...

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It is our shared responsibility to protect our land and water resources

Sustainable management of land and water resources is essential for achieving global food security, Minister of Agriculture István Nagy declared at the meeting of the European Committee on Agriculture of...

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Advance payments of agricultural subsidies will start in mid-October

Amidst the changes in the EU conditions for agricultural subsidies and the market difficulties, all financial assistance will increase in value, so after the conditions for advance payments have been...

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French prefer rosé to red wine

Rosé wine has risen in popularity with the French as young people are beginning to move away from traditional red wines and towards a glass of chilled pink throughout the...

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Joint V4 action against Ukrainian grain imports

Further joint steps against Ukrainian grain imports were agreed upon by the countries of the Visegrad Cooperation at the agriculture minister’s meeting in Znojmo, Czech Republic, where Hungary was represented...

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Switzerland’s Hero Group mulls future of domestic jam factory

The company is consulting with employees at the factory in Lenzburg. Swiss food company Hero Group is weighing up the future of a jam production facility in its home market....

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Billa And OMV Launch New Format In Czechia

Petrol station operator OMV and retailer Billa have launched a new food retail chain under the Viva Billa banner. The first Viva Billa store opened at the Strakonicka gas station...

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On the way to a sustainable food industry

By 2030, global food waste per capita at the retail and consumer levels must be halved, as well as food loss along the production and supply chains, including post-harvest losses,...

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Regina Ultr’Absorb kitchen towels 1, 2, 3 rolls

Try the NEW Regina Ultr’Absorb kitchen towels in stylish packaging. They are an ideal choice not only because of their high absorption capacity and sheet length, but also due to...

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GKI Gazdaságkutató Zrt. 2023/3. forecast for 2023

In the second quarter of this year, the Hungarian economy was already in recession for the fourth quarter, and this only happened in Estonia apart from Hungary in the EU....

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Once again PENNY wins the Retail Award of Excellence in 2023

PENNY Market Kft. won the Retail Award of Excellence for Hungarian Products again this year, based on the votes of the trademark users. Minister of Agriculture Dr István Nagy is...

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CÖF-CÖKA acts for the interests of food store employees

The Civil Solidarity Forum – Civil Solidarity Public Foundation (CÖF-CÖKA) is expanding its civil-focused interest protection activities to the actors of the food retail and wholesale trade, announced László Csizmadia,...

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Allianz Global Wealth Report 2023: The fun is over

Today, Allianz publishes its Global Wealth Report for the fourteenth time, which examines the wealth and debt situation of households in almost sixty countries around the world. 2022 was a...

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