News and articles
The food industry is also desperate because of the houti issue
In recent years, there has been increasing tension in the Red Sea region due to the armed attacks on ships by Yemeni Houthi terrorists. In recent times, escalating tensions in...
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Private Labels vs Brands – Adapting To Consumer Shifts And Innovating Pricing Strategies
Food sales are expected to show only weak growth in 2024, and this fact certainly poses serious challenges to FMCG brands. Ananda Roy, FMCG consultant and vice president of Circana,...
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KSH: In December 2023, industrial producer prices decreased by 7.2 percent compared to a year earlier, and by 0.7 percent compared to the previous month, and increased by an average of 7.8 percent in 2023
In December 2023, industrial producer prices were on average 7.2 percent lower compared to a year earlier. Domestic sales prices fell by 3.6 percent, export sales by 8.9 percent. Compared...
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AKI: meat and eggs have also become cheaper
Based on the latest summaries published by the Institute of Agrarian Economics (AKI), by the beginning of 2024 we can see a significant price reduction in the field of meat...
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Rossmann takes another step towards a more sustainable future
Rossmann Hungary is committed to sustainability, so it has introduced another measure in this area: the drugstore chain will not issue new Rossmann+ plastic cards in stores, new registrants can...
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Coca-Cola tests label-free bottles for sustainability
Coca-Cola is coming up with another sustainability innovation in the UK. At the end of January, the company announced that it would be testing half-liter PET bottles of Sprite and...
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New Hungarian HR director at the head of Tesco
Tesco has appointed a new HR manager in Hungary. On January 1 of this year, Norbert Túróczi took over the position from Barbara Szigeti, who continues her work as HR...
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PET Kupa and Diageo exceeded all expectations with their joint waste disposal campaign
The two-year waste elimination action program launched by Diageo and PET Kupa in the spring of 2022, which focused on the Subcarpathian region of Tisza in Ukraine, is proving to...
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The GVH initiated a competition supervision procedure against Wizz Air Hungary Kft
The Economic Competition Authority (GVH) has launched a competition supervision procedure against Wizz Air Hungary Kft., the airline probably withheld important information regarding the free online passenger check-in, thus causing...
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IKEA presents the VÄXELBRUK textile collection made from recycled work clothes
IKEA has reinterpreted the usability of textile waste and given new life to unused work clothes collected from its European stores in the VÄXELBRUK collection. During the pilot project, the...
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Waberer’s logistics center in Debrecen could be completed by 2025
The Waberer’s Group is developing a 20,000 square meter warehouse complex after closing the purchase of the necessary land. The new logistics center can be completed by 2025, so Waberer’s...
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Changes at Kiwi.com: downsizing and new partnership with Ryanair
The management of Kiwi.com, the online flight ticket sales company based in the Czech Republic, has announced the planned downsizing of around 200 people. The exact details are not yet...
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The decline in German retail sales accelerated in December on a monthly basis
In Germany, the decline in retail sales accelerated in December in a monthly comparison. The German statistical office, Destatis, announced on Wednesday that retail sales fell by 1.6 percent in...
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In January, the increase in food prices moderated to 5.7 percent in France
In France, the annual consumer price increase slowed to 3.1 percent in January from 3.7 percent in December, the French statistical office INSEE announced as preliminary data on Wednesday. In...
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The EU would extend the suspension of import duties on Ukrainian exports
The European Commission has proposed to renew the suspension of import duties and quotas on Ukrainian exports to the European Union for another year, and has proposed to extend by...
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Long-term cooperation for innovative and sustainable fisheries management
The Hungarian University of Agricultural and Life Sciences (MATE) and the Hungarian National Fishing Association (MOHOSZ) held an important senior management meeting, one of the main topics of which was...
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Spanish farmers are preparing for demonstrations
Following several European countries, Spanish farmers are also preparing for demonstrations, after the three largest Spanish farmers’ organizations agreed on the movements on Tuesday. According to the joint announcement of...
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Lidl is further reducing its prices
As part of its price reduction program, Lidl Hungary is reducing consumer prices again, so that from February 2, more milk and dairy products, frozen fruit and vegetables, as well...
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Oeconomus: the wheat harvest in Hungary increased by 36 percent last year
Based on preliminary data, the yield of most field crops increased last year, for example, farmers across the country were able to harvest 36 percent more wheat than the previous...
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A dangerous product was withdrawn by SPAR
For safety reasons, Spar Magyarország Kereskedelmi Kft. has withdrawn the Fury brand optical mouse from circulation. The affected product will be taken back by the store chain by February 26....
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Customer Loyalty Schemes Key To Success For Retailers, GlobalData Says
Loyalty schemes offered by retailers could hold the key to success for FMCG retailers, according to data and analytics firm GlobalData. Consumers are increasingly taking advantage of loyalty schemes, particularly...
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Carrefour Polska Partners With Foodsi To Tackle Food Waste
Carrefour Polska has announced it will join forces with the Polish start-up Foodsi to help fight food waste. Foodsi is an application in which users can buy full-value products, with a...
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It is also possible to improve soil life from the air
A cooperation agreement was signed by MATE Tanggazdaság Nonprofit Kft., ABZ Drone Kft. and Bio-Nat Kft., the manufacturer and distributor of Mikro-Vital products. According to this, an experiment will be carried...
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Oatly and Carvel partner to bring dairy-free flavors to stores nationwide
The self-described “cult classic ice cream shoppe,” will offer oat-based soft serve, scoops, and ice cream sandwiches in 18 states. Starting this week, Swedish oat-milk based company Oatly will introduce...
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Minister of Agriculture: Brussels has once again left Eastern European farmers alone
Brussels has once again failed Eastern European farmers, as it plans to extend the autonomous trade liberalization measure granted to Ukraine until June 2025 without proposing any solution to the...
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The price of M-tray eggs at the packing point decreased the most
Based on data from the European Commission, EU (EU27) egg and egg product imports increased by 94 percent to almost 77,000 tons in January-October 2023 compared to the same period...
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5 trends that will dominate the retail industry in 2024
According to Oliver Olschewski – CEE CEO of Offerista Group: “In the coming year, companies will face a triple transformation: digital, sustainability and organizational transformation. Personalization of the shopping experience...
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Changes are coming to corporate loans – banks are scrutinizing companies due to sustainability risks
Starting this year, fundamental changes have come into effect in the field of corporate obligations related to sustainability, i.e. ESG, which will affect all domestic companies in some way. While...
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The new consumer trends determine the development directions of the food industry and rearrange the food market
New consumer trends, such as the increase in demand for alternative diets and ready-made meals, as well as the intensification of the geopolitical and climate situation, strongly determine the development...
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The Hungarian government bans artificial meat, elsewhere it is seen as salvation
The Hungarian government has engaged in another culture war, this time against artificial meat. According to the planned measure, Hungary would be the second country in the world to ban...
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