News and articles
Balázs Csaba Rigó: As soon as several companies saw the competition’s lower prices, they reacted immediately the next day and lowered their own prices as well
Enormous interest surrounds the online price monitoring system that launched on July 1st. This interest is not only from consumers but also from retail chains that have prepared for the...
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Playfulness and responsibility in promotions
On 27 April 2023 Trade magazin organised its “The key to successful promotions” event in Aquincum Hotel Budapest, where the award ceremony of the “Most successful promotion of the year”...
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The most important challenges facing the food industry in the Carpathian Basin – efficiency, competitiveness, marketing
Agency, marketing? What subsidies can the food industry expect in the new EU development policy period? Among other things, the XXXII sought answers to these questions. At the round table...
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GFM: since the beginning of July, the price of observed food products has decreased by 7 percent – online price monitoring and mandatory promotions are effective
In the period between July 1 and July 19, the average prices of products decreased in 53 out of 62 product categories. In the 62 product groups, prices decreased by...
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K&H: a fiatalok többsége drágulásra számít
19-29-year-olds still perceived high annual inflation of 25 percent at the beginning of May, which does not mean a slowdown compared to the annual level measured in February. The vast...
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Euronics expects declining demand this year
Despite the market challenges, Euronics closed its 2022-2023 business year with stable traffic growth and a significant expansion of its online market share. According to the company that operates the...
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Thousands of shops closed in Hungary last year
Last year, thousands of shops and restaurants closed in Hungary, which experts primarily attribute to high energy prices, declining consumption, and a weak forint compared to the euro. By the...
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Auchan announced a design competition
Auchan Hungary joined Plastic-Free July for the third time this year. The company attaches great importance to sustainability and encourages its customers to adopt environmentally conscious consumer behavior with its...
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(HU) Több mint tízezer résztvevő volt a 41. Lidl Balaton-átúszáson
Sorry, this entry is only available in HU....
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K&H: there will not be an innovation boom in family companies now
The current economic situation is not favorable to the innovation efforts of family companies, their innovation index has decreased by 2 points and currently stands at 27 points, according to...
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Cecília Müller was entrusted with a new task
As of August 1, the National Pharmaceutical and Food Health Institute (OGYÉI) will be merged into the National Center for Public Health, so it will also come under the supervision...
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Momentán Társulat and Diageo are preparing for the Valley of the Arts with joint attention-grabbing educational programs and performances
Diageo, the world’s leading producer and distributor of alcoholic beverages, in cooperation with Momentán Társulat, is drawing attention to the importance of conscious and responsible alcohol consumption at the Valley...
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HNT: the new waste management regulations cannot increase the burden on grape and wine producers
According to the National Council of Mountain Communities (HNT), the economic and bureaucratic burdens of grape and wine production should not be increased, the organization therefore welcomes the fact that,...
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AVON: two-thirds of women prefer more natural make-up
The range of factors influencing women’s beauty care decisions is very complex, and the meaning of beauty is constantly changing over time. As a result of the pandemic and then...
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Germany would ban the production of strawberries
Too much water is required for the production of strawberries, which is why the Minister of Environmental Protection in Lower Saxony would eventually ban it, along with several other water-intensive...
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Trenkwalder: The average hourly wage of manual workers increased by 19 percent in the second quarter
In the second quarter, the average gross hourly wage of skilled and trained workers performing physical work was HUF 1,853, which is a 19 percent increase compared to HUF 1,553...
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Electrolux closed the second quarter of this year with a loss
The Swedish household appliance manufacturer Electrolux AB closed the quarter ending at the end of June with a loss. The company reported on Thursday that it incurred a loss of...
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The price of agricultural land rose by almost 10 percent last year
The amounts to be paid for agricultural land in Hungary continued to rise in 2022, and the price increase accelerated to more than nine percent after 8.5 percent in 2021...
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LG presented a restaurant server robot
LG Electronics (LG) presented its latest intelligent server robot. The CLOi ServeBot (model LDLTR30) is suitable for any service activity, including restaurant serving. The LG CLOi ServeBot, which is fast...
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Lidl France Expresses Interest In Acquiring 600 Casino And Monoprix Stores
Lidl France is believed be interested in acquiring 600 stores operating under the Casino and Monoprix banners in the country, according to media reports. The discounter has sent a letter,...
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After the approval of the GVH, Mol took over the Szarvasi Biogas Plant
After the approval of the Economic Competition Authority (GVH), the Mol group took over the Szarvasi Biogázüzem. In May, the company concluded an agreement with BayWa AG on the purchase of...
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Inflation has made a difference to trade in organic products
High inflation has significantly changed the purchasing behaviour of customers for organic products. „People are still buying organic products, but at a lower price” Robert Kecskes, trade expert at market...
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Red Bull set a record at the Hungaroring
Defending title and two-time world champion Max Verstappen, the Dutch driver of Red Bull, won the 38th Formula 1 Hungarian Grand Prix at the Hungaroring on Sunday. It was the...
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Kraft Heinz to spend more than $400M to build Illinois distribution center, hire 150-plus workers
The 775,000-square-foot facility will allow the CPG giant to reduce its environmental footprint, boost supply chain efficiencies and ship its products faster. Kraft Heinz plans to spend more than $400...
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A foil tent heated with thermal water was built in Mezőkovácsháza
A foil tent heated with thermal water was built at the Mezőkovácsháza in Békés county with the support received from the economic revitalization program of the Ministry of the Interior,...
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Fidelity: Net zero in 2030 seems unrealistic for most companies
A survey of Fidelity ESG analysts questions whether companies’ net-zero plans are sufficient. The answer is: not yet, and a greater concerted effort is needed. Additional funding, technological innovation and...
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What can we learn from the promotions of 2022?
Market researcher Kantar Hoffmann has done an exclusive focus group survey for Trade magazine, on what shoppers think about the promotions that entered the “Most successful promotion of the year”...
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A new executive at the head of Pek-Snack
From July 2023, Zoltán Novák will assume the position of managing director of Pek-Snack Kft. Zoltán came to the company from Mondelez International, where he spent more than 17 years...
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Sportswear made from recycled plastic waste from Lidl
Lidl has launched a new and environmentally friendly sports collection, which also offers an alternative to a more sustainable lifestyle. The special feature of sportswear is that recycled plastic waste...
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New business, new manager at Wolt
Új üzletág élére nevezett ki vezetőt a Wolt: Tausz Péter a dinamikusan fejlődő Wolt Drive magyarországi kiépítéséért és irányításáért felel. A jogász végzettségű szakember kutatói és vállalkozói háttérrel egyaránt rendelkezik,...
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