News and articles
In April, annual inflation accelerated to 2.9 percent in the Czech Republic
Annual inflation in the Czech Republic accelerated to 2.9 percent in April from 2 percent in March, the Czech Statistical Office announced on Monday in Prague. The increase in inflation...
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dm organized its Charity Soccer Tournament for the 9th time
For the ninth time this year, dm’s employees and business partners kicked the ball in order to support a good cause with the all-day event. By participating in the tournament,...
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Randstad explores the relationship between AI and the world of work
In early February Randstad published the first details of its HR Trends 2024 research. The survey, which polled senior executives from more than 350 Hungarian companies in various sectors, also...
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For the second time, a well-known magazine awarded the innovation activity of the financial institution
For the second year in a row, in 2024, the K&H Group won the “Best Digital Bank in Hungary” award from the renowned British financial magazine Global Banking and Finance...
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Another wage increase at the British Lidl
The British Lidl announced that it will increase its workers’ wages by more than 3% in June, which will be the third such measure in the past year. The British...
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The Council of the EU has adopted the review of the EU’s common agricultural policy
The Council of the European Union has definitively accepted the review of the Common Agricultural Policy (CAP), which aims to reduce the administrative burden on EU farmers and ensure greater...
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Amazon To Invest €1.2bn in France, Create 3,000 Jobs
Amazon plans to invest more than €1.2 billion in its French operations and create more than 3,000 permanent jobs in the country. The French presidency had said on Sunday that...
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Adrenalin Classic Energy drink – Renewed packaging design and recipe
The advantage of the product is its renewed packaging, which isn’t only progressive and eye-catching, but has also been made using the special “matt tactile overvarnish” technology, plus the energy...
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More recipe changes needed to cut sugar, fat and salt in processed food and drink, German government says
Products such as sweetened dairy and pastries have seen little change to their fat and sugar content since 2019, researchers found. Levels of fats, sugars and salt are still too...
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Israel has agreed on an emergency wheat supply with Romania
In order to strengthen Israel’s food security, Agriculture and Rural Development Minister Avi Dichter concluded an emergency wheat supply agreement in Bucharest with his Romanian counterpart, Florin Barbu, the Agerpres...
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Estee Lauder develops generative AI with Microsoft
A leading global cosmetics conglomerate is getting into the development of advanced artificial intelligence (AI) solutions. The Estée Lauder Companies and Microsoft Corp. are creating an AI Innovation Lab as...
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The EU has extended by one year the rules on the import of Ukrainian and Moldovan products into the EU without customs duties and quantitative restrictions
The Council of the European Union has extended for another year the validity of the temporary trade regulation, according to which Ukraine and Moldova can import their products, including agricultural...
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Conad Adriatico’s expansion in Albania
Italy’s Conad Adriatico continues its expansion in Albania, opening a new supermarket in the capital city of Tirana. With this move the cooperative’s store number reaches 44 in Albania and...
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KSH: Consumer prices increased by 3.7 percent on average in April compared to the same month of the previous year
In April of this year, consumer prices were on average 3.7 percent higher than a year earlier, the Central Statistical Office (KSH) reported on Friday. Compared to March, prices rose...
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MNB: fuel and food accelerated inflation in April
The annual consumer price index rose by 0.1 percentage point in April compared to the previous month. Fuels contributed 0.3 percentage points and foodstuffs 0.2 percentage points to the increase...
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Márton Nagy: inflation remained at a low level
Based on the latest data from the Central Statistical Office (KSH), in April 2024, in line with the trends of previous months, the rate of inflation remained at a low...
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Beáta Olga Felkai: the population has turned to cheaper food, but this will change
Beáta Olga Felkai, the Deputy Secretary of State at the Ministry of Agriculture, highlighted the substantial changes in consumer habits due to high inflation. In 2022 and 2023, many Hungarians...
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Inflation stood at 3.7% in April
Slightly below our expectations, the annual rate of inflation rose to 3.7% in April. The monthly price change was +0.7%, also slightly below our expectation of 0.8-0.9%. Core inflation moderated,...
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Ice cream trends 2024: new flavors, gluten-free and vegan, packaging adapted to consumption
With the good weather comes the peak season for ice creams. In this category as well, more and more criteria must be met when creating the offer, say Auchan experts....
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The Hungarian Food Business Program has arrived in Rome
After Warsaw and Bucharest, the city of Rome hosted the business meeting of the Agrármarketing Centrum, which was the next stop of the Hungarian Food Business Program. At the two-day...
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Today, the food industry is not “only” a strategic issue, but also a national security issue
Banks play an important role in boosting the Hungarian economy, the rate of which depends on the development of consumption and how long the war in Ukraine will last, said...
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There is no challenger to espresso
Based on data collected in the Hungarian network of OMV Hungária, in 2024, 55 percent of motorists visiting a coffee shop chose espresso, while another 20 percent of guests chose...
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Excellent Strawberry Harvest Expected in Hungary This Year
Béla Mártonffy, the President of the National Chamber of Agricultural Economics’ Horticulture and Supply Industry Section, announced on InfoRadio that Hungary anticipates an excellent strawberry harvest this year. Thanks to...
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There are more and more green stores at Lidl
Lidl Hungary is committed to operating as sustainably as possible and, as a responsible company, is also working to increase the number of its own stores with sustainable certification. The...
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PwC Climate risks report: Key raw materials are at risk
More than 70% of the critical minerals essential for the transition to net-zero energy are threatened by climate change, according to PwC’s climate risk report examining nine important raw materials....
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As a sponsor of MLSZ, Mizo supports the Hungarian national football team
Sports bring people together. Mizo believes that there are more parallels between sports and food than we first think. According to the brand, just like cheering, eating can also provide...
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Budapest Airport Hosts Its Second Wine Competition Showcasing Nearly 300 Hungarian Wines
On May 9th, Budapest Airport held its second annual wine competition, an event aimed at promoting Hungarian viticulture and selecting wines that will represent the airport for the next year....
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OKSZ elected officials and renewed its operations
The National Trade Association held a general meeting yesterday. At the general meeting, the new members of the Supervisory Board were elected and the representative of PENNY-MARKET Kft. was approved...
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SPAR South Africa is targeting both affluent and lower-income shoppers
South African grocery retailers are modifying their strategies to appeal to both affluent and low-income shoppers. While competitors, including the country’s leading grocery retailer Shoprite and Pick’n’Pay have brands that...
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The Lounge Group – Visual Europe Group collected eight awards at the Oscars of event organizers
Drone show, fireworks, world championship, concert, expo and the reception of the head of the universal church – the events of the Lounge Group and the Visual Europe Group belonging...
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