News and articles

Péter Balázs: „It is great that Hungary and Hungarian mentality in general is very open”

Trade magazin’s Business Podcast, Future Talks with Szilvia Krizsó continues The latest episode of Future Talks features Péter Balázs, former Minister of Foreign Affairs, who was the guest of Szilvia...

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Food buying habits of Hungarians

Rama has conducted a nationwide representative survey on the food buying habits of Hungarians. 58% of respondents claimed that price is one of the top 3 most important factors influencing...

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Many switch brands to cut costs

EY’s latest international survey involving 18,000 respondents has found that eight from ten consumers worldwide are concerned about their finances. Every second respondent tries to cut costs by downtrading, and...

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FMCG retail trade declined in July

According to the raw data of the Central Statistical Office (KSH), the volume of retail trade in July 2022 exceeded that in July 2021 by 3.8%. The data adjusted for...

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Inflation of food prices over 30% in August

Food prices in August 2022 exceeded by 15.6% on average the prices recorded in August 2021. In the past one year, food and consumer durables incurred the highest price increase...

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A rally that is about cooperation – for the 16th time

Just like last year, the Coca-­Cola HBC Magyarország Kft. team won the Coop Rally. On 7-8 September the driver teams visited locations in Heves, Borsod-Abaúj-Zemplén, Hajdú-Bihar and Szabolcs-Szatmár-Bereg counties. The...

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GKI’s economic sentiment index hardly changed in September

August was the fourth consecutive month when business and consumer expectations were worsening. This trend continued for consumer expectations in September, but business expectations improved a little. GKI Economic Research’s...

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Raw milk’s price up by two-thirds in a year

According to AKI PÁIR, the national average producer price of raw milk in Hungary was HUF 181.71 per kilogram in August 2022 In addition to the improvement in the protein...

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Naturaqua factory in Zalaszentgrót celebrates 20 years

Coca-Cola HBC Magyarország started building its bottling plant in Zalaszentgrót in 2002, from a budget of more than HUF 2bn. The mineral content of the water, which springs to the...

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Future Trade conference 2022: Which way to go, e-commerce?

In May the second Future Trade conference was organised in Budapest. Participants discussed the latest trends, solutions and technologies that online retailers can use to stay in the game. The...

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TreeHouse Foods to sell part of its “meal prep” business

TreeHouse Foods Inc said it would sell a large part of its meal preparation division to an investment firm for USD 950m, because it wishes to focus more on its...

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Coop Norway introduces price ceiling on some FMCG products

Coop Norway is introducing a price cap on 200 everyday products for the remainder of the year, because high inflation affects the spending power of consumers. The price ceiling is...

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Premier Foods launches new campaign to fight food waste

Premier Foods has started a new campaign to help consumers transform their leftover food and ingredients, turning them into filling meals. Premier Foods – one of the UK’s largest food...

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Iceland partners with Del Monte to support NHS programme

Iceland has partnered with fruit and vegetable supplier Del Monte to promote the Healthy Start scheme of the National Health Service (NHS), which was established in autumn 2021 to help...

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Albert Heijn’s new food waste prevention programme

Dutch retailer Albert Heijn expects to save 4.5 million kilograms of food by launching a new in-store food waste prevention programme, called AH Overblijver. This features products with an approaching expiration...

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Cactus switches to more sustainable communication

Luxemburg-based retailer Cactus has announced a new, more sustainable marketing and communications strategy. From 1 September the new strategy will see the retailer announce more promotions through the Cactus app,...

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Shopify rolls out a new POS hardware

In an effort to take on PayPal and Square’s solutions on its mission to elbow into the bricks-and-mortar retail sector, Shopify has unveiled a new point-of-sale (PoS) technology. The new...

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Italian chocolate brand Pernigotti ends up at JP Morgan

Italian chocolate brand Pernigotti has been acquired by JP Morgan Asset Management, for an undisclosed sum. It was in 2018 that Pernigotti decided to cease production in its factory, which...

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Gorillas adds new private label products

In an attempt to become more profitable, quick commerce giant Gorilla has announced the expansion of its Gorillas Premium and Gorillas Daily private label ranges, The launch of the two...

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Carrefour stores sell vegetable-based beer in Poland

Carrefour Polska has launched a vegetable beer range in Poland, which it claims is a first of its kind in the country. Sourced from Nook Brewery, the vegan beer is...

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Nestlé: Vegan KitKat becomes available across Europe

Nestlé plans to introduce the vegan version of KitKat across Europe, following a successful pilot in the UK and some other countries. KitKat V is made in Hamburg and it...

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These changes are needed in retail to succeed

In one of Deloitte’s latest studies on the prospects of the retail sector, published in 2022, the authors analyze the opportunities and challenges facing the industry based on various international...

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Morrisons launches planet-friendly eggs

Morrisons is the first supermarket to launch a line of carbon-neutral eggs, as part of the retailer’s pledge to be directly supplied by zero emission British farms by 2030. The...

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The amount of salt and sugar in LIDL products continues to decrease

As a responsible company, Lidl Hungary is committed to promoting healthy nutrition, as evidenced by its commitment in 2019, according to which it will reduce the added salt and sugar...

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The effects of climate change are unquestionable

According to the monthly tracking research What Worries the World by Ipsos, only 10% of Hungarians were of the opinion in the last six months that climate change was one...

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With its new campaign, Nespresso protects coffee from the effects of climate change

In The Empty cup campaign starring George Clooney, Nespresso highlights the risk climate change poses to coffee-growing communities and reaffirms the brand’s long-term commitment to preserving the world’s best coffees...

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KSH: in July, the shortfall in foreign trade was 1.3 billion euros

In July, the value of exports expressed in euros increased by 12.8 percent and imports by 24.1 percent compared to a year earlier, the deficit increased by 1.123 billion euros...

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Half of the employees in the private sector are dissatisfied with their salary

The effects of economic difficulties on the labor market are only gradually and delayed. 49 percent of employees working for companies are dissatisfied with their salary, and 52 percent plan...

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This is how much a food courier can earn now, after the kata

A TikTok user posting under the name “bringasfutarbp” says that while a skilled food courier earned up to 600,000 in the spring, his salary is now roughly 70-80,000 HUF less...

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A Hungarian company can build the most modern waste treatment plant in the Balkans

An exemplary innovation project is being launched in the Serbian border town, within the framework of which hydrogen fuel can be made from discarded diapers. Waste management is one of...

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