News and articles

Live cattle: Growing export, declining import

AKI’s Market Price Information System (PÁIR) reveals that the price of egg (sizes M and L) was HUF 27.5 at the place of packaging in the first nine months of...

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Growing proportion of poultry liver patés

With annual sales nearing 10,000 tonnes, meat spreads constitute a rather small segment in the processed meat category, with a 4-percent value share and a 5.7-percent volume share of the...

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Analysts: a substantial increase in retail sales is encouraging

Analysts reporting to MTI were positively surprised by the September retail sales figures, which suggest they could have a positive impact on third-quarter GDP data as well. According to a...

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A beverage packaging collection system has been developed by industry players

A strategic and regulatory concept has been developed for the collection of beverage packaging by domestic industry players. According to their statement sent to MTI on Monday, they would like...

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15/25

It was exactly 15 years ago, in November 2006 that the first issue of Trade magazin came out, debuting at the Foodapest trade show. You can find the 100-page magazine...

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Nestlé develops by from 35 billion HUF

The government has spent all its financial resources on preventing mass unemployment during the economic crisis caused by the coronavirus epidemic, Foreign Minister Péter Szijjártó said on Monday. According to...

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KSH: trade surplus was 1.3 million euros in September

After two months in September, foreign trade again produced a surplus, with exports exceeding the value of imports by 1.3 million euros, the Central Statistical Office (KSH) reported on Monday,...

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Henkel’s quarterly revenue increased

Revenues from Henkel’s German household chemicals and cosmetics group grew in the third quarter of this year, the company said on Monday. Henkel reported on Monday that its organic sales...

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Retail sales in the euro area were weak in September

Retail sales in the euro area were weaker than expected in September compared with the previous month, as Germany, the region’s largest economy, underperformed and consumers restrained their spending on...

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German retail sales are expected to grow at the end of the year

The professional representation of German retail companies, HDE, expects a 2 percent increase in Christmas sales this year, compared to last year, mainly due to strong growth in online sales....

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Bank cards for blind and visually impaired consumers

Mastercard is introducing bank cards that make it possible for blind and visually impaired consumers to differentiate between credit, debit and prepaid cards. In the Touch Card system there are...

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Vegan products are the stars of Lidl Germany’s campaign

Lidl Germany is starting a marketing campaign through print, online, TV and radio to inspire consumers to purchase its Vemondo brand. This product range is comprised of alternative products that are plant-based and...

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Grain production could hit historic record as stocks dwindle

The world market price barometer is at new heights, after experts from the Food and Agriculture Organisation of the United Nations (FAO) registered levels not seen since July 2011. The...

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The supply chain is catching up with deforestation and agriculture as the largest emitters of the agri-food sector

Within the agri-food system, the food supply chain is close to outpacing agriculture and tillage in terms of greenhouse gas emissions due to food processing, packaging, transport, trade, household consumption,...

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Hungary’s first Tesco has turned 25

What do the Atlanta Olympics and Tesco have in common? The answer is 25 years. In 1996, the Summer Olympic Games were held in the American city, where the Hungarian...

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Meta (formerly Facebook) reportedly mulls opening physical stores

The company formerly known as Facebook may be entering the brick-and-mortar space. Meta is considering opening its first-ever physical stores as it looks to break into the metaverse, reported The...

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Cerbona vegan vegetable muesli bar

Cerbona’s new vegan vegetable muesli bar has numerous benefits: these products are low-sugar and made with whole grain, plus they are rich in fibres, so they perfectly fit into a...

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Heineken commercial starring Daniel Craig

‘Worth The Wait’ is the title of Heineken’s new commercial that stars Daniel Craig. The commercial shows Daniel Craig waiting patiently for the first satisfying sip of an ice-cold Heineken...

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The Consumer Goods Forum Becomes UN’s Race To Zero ‘Accelerator’

The Consumer Goods Forum (CGF) has been named an official ‘Accelerator’ of the UN’s Race to Zero campaign, which encourages faster progress on carbon reduction across its global membership. The...

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Nestlé Introduces 80 Percent Recycled Capsules

Nestlé has announced a new landmark in its sustainability journey, by increasing the use of recycled materials across its café-inspired coffee portfolio. Starbucks by Nespresso and Nescafé Farmers Origins are...

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Vöslauer Balance Juicy

Every Vöslauer Balance product (strawberry-pepper, red grape, raspberry-lemon) has become Vöslauer Balance Juicy. Thanks to the renewed Balance Juicy flavours, consumers can enjoy an even fruitier refreshment. The products are made with...

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Magazin: Online: Slower sales, but still growing

NielsenIQ’s online index audits the online sales of retailers with physical stores (Tesco, Auchan, Spar, Online Príma, dm, Rossmann). In the 2nd quarter of 2021 online sales kept growing, but...

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European Trade Day: For each other and for the Customers!

For the 17th time, European Trade Day was held. The organising VOSZ wanted to draw attention to the strategic importance of the situation of the domestic commercial sector. On The...

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Average purchasing power per capita in Hungary 7,643 equivalent to 51% of the European average.

In 2021, the average purchasing power per capita in Europe is EUR 15,055. However, there are significant differences in net disposable income between the 42 countries examined: Liechtenstein, Switzerland and...

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Blokkk com: Black Friday is getting wekaer and weaker

Officially, November 26 is Black Friday, and this year it looks like there will be fewer Black Friday days, a smaller wave of specials, more modest discount rates and a...

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GKI Digital: Over 60,000 HUF for this year’s Christmas gifts

While last year’s Christmas was more limited due to the coronavirus and most of the gift purchases were transferred to online stores, this year we would like to give gifts...

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KSH: retail sales increased by 5.8 percent in September

In September, retail sales increased by 5.8 percent, according to both raw and calendar-adjusted data, the Central Statistical Office (KSH) announced on Friday. The volume of turnover in grocery and...

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ITM: online sales is already soaring high before the end of the year

In the first month of autumn, retail brought back the pre-coronavirus expansion level. According to the Central Statistical Office, the turnover of domestic stores increased by almost 6 percent in...

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European overview of fish production

Fish production in Europe has increased significantly in recent years, agrarszektor.hu wrote. Eurostat recorded an increase in aquaculture production of over 10 percent in several European countries between 2011 and...

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Public catering is not mass catering

Public catering is is not mass catering. It does not mean that we deliver some food to children, hospitals or workplaces, but that they have access to quality food at...

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