News and articles
Péter Balázs: „It is great that Hungary and Hungarian mentality in general is very open”
Date: 2022-10-03 19:03:48
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
Date: 2022-10-03 18:03:12
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
Date: 2022-10-03 17:59:01
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
Date: 2022-10-03 17:49:11
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
Date: 2022-10-03 17:42:25
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
Date: 2022-10-03 17:35:30
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
Date: 2022-10-03 17:31:47
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
Date: 2022-10-03 17:23:44
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
Date: 2022-10-03 16:11:49
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?
Date: 2022-10-03 14:54:02
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
Date: 2022-10-03 14:12:00
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
Date: 2022-10-03 14:11:45
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
Date: 2022-10-03 14:07:18
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
Date: 2022-10-03 14:05:52
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
Date: 2022-10-03 14:03:28
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
Date: 2022-10-03 14:00:05
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
Date: 2022-10-03 13:59:54
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
Date: 2022-10-03 13:48:33
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
Date: 2022-10-03 13:32:09
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
Date: 2022-10-03 13:28:49
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
Date: 2022-10-03 13:20:16
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
Date: 2022-10-03 12:53:46
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
Date: 2022-10-03 12:15:15
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
Date: 2022-10-03 12:01:42
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
Date: 2022-10-03 11:42:34
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
Date: 2022-10-03 11:09:43
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
Date: 2022-10-03 10:39:01
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
Date: 2022-10-03 10:29:11
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
Date: 2022-10-03 10:26:57
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
Date: 2022-10-03 10:26:07
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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