News and articles

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A dangerous product was withdrawn by SPAR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 has withdrawn the Fury brand optical mouse from circulation.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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Soon we will be able to munch in every PENNY

After nearly a year of successful cooperation, PENNY Hungary and Munch are making the food rescue service available nationwide. Full coverage will be realized by February 12, so residents of...

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Peroni signed a sponsorship contract with Ferrari

Peroni Nastro Azzurro and Scuderia Ferrari have announced a long-term global partnership. The medium-term goal of Asahi Europe & International, Peroni’s parent company, is to have a fifth of its...

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MTÜ: BAHART’s passenger numbers last year broke a decades-old record

Balatoni Hajózási Zrt. closed a record year, nearly 2,150,000 passengers traveled on BAHART flights in 2023. In the past 22 years, there has been no example of such a large...

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For Every You – Schwarzkopf presents the brand’s transformed, NEW image

As the brand’s new slogan FOR EVERY YOU suggests, the new Schwarzkopf is for everyone, and its new campaign and expertise are represented by the Creative Collective of special women....

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Waberer’s Group and Papyrus are celebrating fifty years of cooperation with an environmentally friendly fleet

Hungary’s market-leading complex logistics service provider has been performing transport and storage tasks for Papyrus, which once started as a local company and has now become the paper ambassador of...

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The number of foreign and domestic guest nights also increased in December

In December 2023, 1.1 million guests spent 2.7 million guest nights in tourist accommodations (commercial, private and other accommodations). The number of guests was 16, and the number of guest...

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The new educational module on the water cycle developed by Coca-Cola Hungary’s #énjövőm platform

Continuing the series started with the module entitled Basics of the circular economy, the online course material presenting the water cycle has become available on Coca-Cola Hungary’s #énbéksöm platform. The...

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The 77 Electronics Group continued to expand

77 ING Kft., which belongs to the 100 percent Hungarian 77 Elektronika Group, bought Metal-Ware Kft., which deals with sheet metal technology. With its acquisition, the aim of the Hungarian...

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Half of Europe is paralyzed under the pressure of farmers

Within the European Union, farmers have mobilized in several countries to protest against the difficulties experienced in the agricultural sector. In Belgium, France and Italy, roads were also blocked with tractors,...

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In Romania, the prime minister announced the extension of the margin limit for staple foods

In Romania, the effect of the decree limiting the margin applicable to staple foods, which entered into force on August 1, 2023, will be extended by another two months, which...

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Kavosz: the Agricultural Enterprise Credit Guarantee Foundation reduces its guarantee fees

The Agrár-Vállalkozasi Hitelgarancia Alapítvány (AVHGA) will significantly reduce the guarantee fees for agricultural loans in the Széchenyi Card Program, so that agricultural enterprises will also get cheaper loans from the...

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One Fifth Of Consumers ‘Have Already Used Generative AI’ When Shopping

A fifth of consumers have already used generative AI tools when shopping, with 72% aware of the use of the technology in shopping experiences, a new study by Capgemini has...

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