News and articles
Interview with Kinga Daradics, the new CEO of eMAG: Vision and innovations in e-commerce
In an interview with Pénzcentrum, Kinga Daradics, the newly appointed CEO of eMAG, spoke about the challenges facing the company, its future plans and the future of Hungarian e-commerce. In...
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Barilla stops production of plant-based Tolerant Foods pastas
Barilla Group stops manufacturing its minimally processed legume-based pasta products in the United States. This article is available for reading in Trade magazin 2024/6-7 Tolerant Foods has announced the decision...
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The toy market also spins in summer – this is how families with small children go on vacation
Juggling vacations, support from grandparents and a wide range of camps: the 10-week summer vacation begins, during which 20 percent of the total annual turnover is realized, according to REGIO...
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SPAR builds a sustainable future in the present
An important part of SPAR Hungary’s corporate philosophy is environmental awareness, social responsibility, respect for employees, food safety, and support for health preservation. Along these lines, the company launched forward-looking...
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Representing interests – irrespective of company size
In the following interview Dr Tamás Kozák, secretary general of the National Trade Association (OKSZ) analyses the biggest challenges and successes of the Hungarian retail trade sector in 2023. This...
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Péter Szijjártó: Italy is Hungary’s fifth most important trade partner
One of the most important tasks of the next period will be the restoration of European economic competitiveness, no one should be allowed to destroy European industry on the basis...
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István Nagy: the aim of the Hungarian EU presidency is to make agriculture one of the most important policies of the cycle
During the Hungarian EU presidency starting on July 1st, we will strive to include agriculture in the most important policies of the next EU cycle, the Minister of Agriculture stated...
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Fighting food waste with funny posters
The National Food Chain Safety Office’s (Nébih) No Leftovers programme is launching another creative challenge for Sustainability Week: a poster design competition entitled “Let’s throw food waste in the bin”,...
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Ifo’s business sentiment index in Germany deteriorated in June
Instead of the minimal improvement expected by analysts, the German business sentiment index of the ifo economic research institute of the University of Munich worsened in June. According to the...
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BusinessEurope is holding its summit in Budapest
The European Employers’ Association, BusinessEurope, will hold the Council of Presidents meeting in Budapest on June 27-28 – the National Association of Employers and Manufacturers (MGYOSZ) informed MTI on Monday....
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Lidl calls on contractors as it looks to open hundreds of stores
Lidl is calling upon contractors to sign up for a series of events as it looks to expand its network with hundreds of new store openings. Aimed at both creating...
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The new wave of flu drugs and tourism: The Hungarian Tourist Agency’s innovative marketing campaign
In recent years, the role of influenza drugs has become increasingly important in tourism, especially among the 25-40-year-old age group. Zoltán Guller, the president of the Hungarian Tourism Agency (MTÜ),...
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Estée Lauder completes $1.7b acquisition of DECIEM
The Estée Lauder Companies Inc. has finalised its acquisition of DECIEM Beauty Group Inc., a Canadian multi-brand company known for its flagship brand, The Ordinary. The deal, completed on 31...
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European SUP Directive Sees Caps Tethered To Plastic Bottles
The European Single-Use Plastic (SUP) Directive will see bottle lids required to stay attached to PET bottles under three litres from July. As a result of the impending rule, the...
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The MMSZ HoReCa and Event department is preparing for a new event
On June 11, the HoReCa and Event section of the Hungarian Marketing Association held its current quarterly meeting at the METRO Gastro Academy, where the membership evaluated the results of...
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Somat 5in1 dishwasher capsule
The first 5 chamber dishwasher capsule in the market. High-performance Somat capsule, containing powder format dishwasher detergent and 4 individual dishwashing gel chambers, in biodegradable, water-soluble film. Contact: Henkel Magyarország...
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Shares in Carlsberg plunged after Britvic rejected a takeover bid
Shares in Carlsberg suffered their biggest one-day fall in more than four years after British soft drinks maker Britvic said it had rejected a £3.11bn takeover offer from the Danish...
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What’s next? – According to Nenad Pacek, Péter Noszek, Arthur Keleti, Zsoltán Gazsi, György Jaksity
This year on May 30, Trade Magazine organized an exclusive event for corporate decision-makers in the FMCG market. The traditionally held half-day Business Meetup&Dinner professional program this year also focused...
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K&H: Companies have not yet sensed a drop in inflation
Inflation continues to determine the profitability of most large domestic companies, even though it has already dropped below 4 percent. Based on the results of the K&H large company growth...
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Hungarian SMEs must become sustainable in a precarious situation
It is crucial for small and medium-sized enterprises (SMEs) to start preparing now to meet the requirements of the ESG Act (E, environmental, S, social, G, governance). The regulation not...
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WHO: egg and meat prices decreased compared to last year
According to the data from the beginning of June, the price of eggs at the packaging site and the producer price of slaughter pigs and chickens decreased compared to the...
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KSH: gross average earnings were HUF 645,300 in April 2024, 13.5 percent higher than a year earlier
In April 2024, the gross average salary of those employed full-time was HUF 645,300, and the net average salary calculated with allowances in mind was HUF 444,000. The gross average...
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Hungary in the middle of the EU ranking for fruit and vegetable consumption
Freshfel Europe’s latest figures show that Hungary suffered the biggest drop in fruit and vegetable consumption in 2022. This article is available for reading in Trade magazin 2024/6-7 Freshfel Europe’s...
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The deadline for NIS2 registration will expire in a few days – many companies may be in for an unpleasant surprise
There are only a few days left to enter the register for those domestic companies covered by NIS2, i.e. the revised EU cyber protection directive – points out EY. The...
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Lezárult az idei mobil-visszagyűjtő kampány az Auchanban
This year, Auchan Hungary also joined the KÖVET Association, the Jane Goodall Institute and the Protection Association “Pass back, Bro!” for your mobile phone recycling campaign. For one month between...
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Revolut is planning to blow up big
One of the leading players in the field of digital banking, Revolut, is preparing to sell shares worth 500 million dollars, with which it intends to increase the value of...
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Do Hungarians like Heineken the most?
According to the latest Pénczenrum poll, Heineken’s beers are still the most popular among readers, although Dreher is not far behind. Borsodi is in third place, but significantly behind, while...
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The Hungarian melon season at ALDI started earlier and will continue this year
ALDI Hungary provides Hungarian producers with even more sales opportunities. This year, he started offering Hungarian melons in his stores about two weeks earlier than usual. Cantaloupes will arrive in...
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The impact of extreme weather: the cherry harvest in Hungary has decreased
According to the latest analysis of the National Chamber of Agriculture (NAK) and the Hungarian Fruit and Vegetable Association (FruitVeB), this year’s cherry harvest may be significantly lower than average...
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The market leader Tranzit Group awaited every Debrecen resident with scrambled eggs made from 75,000 eggs
600 liters of oil, 70 kg of table salt and 2.2 kg of ground black pepper; and of course 75,000 hen’s eggs – this recipe was needed to prepare the...
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