News and articles
This is how the financial situation of the Chinese middle class looks like
The Chinese president often states that in the future, Chinese consumers will be one of the engines of the world economy – origo wrote. This is largely due to the...
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Immunity-boosting supplements will be a top 2021 trend
Immune-boosting products, spices, oils, vitamins, healthy snacks and ready meals, health-promoting ingredients will be outstanding food trends in 2021, according to forecasts by Natural Grocers and The Fresh Market USA...
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2020 brought a multiyear leap forward in the financial digitalisation of enterprises
A bit more than one year ago Mastercard launched an infrastructure development programme called Doppio. Just a few months later the Hungarian government announced: from January 2021 retailers and service...
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Generation change involves consciously deconstructing the ego
Master Good Kft. has more than 100 years of experience and the knowledge of four generations. The company is among the leading poultry companies in Hungary. Our magazine interviewed László...
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Business Days 2020 – Our conference wasn’t cancelled…Vol. 3
On Thursday morning Bálint Zsinkó, a member of the Chain Bridge Club and Zoltán Fekete, secretary general of Branded Goods Association Hungary were the moderators. Governments and rooms for manoeuvre...
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Tesco Changes Packaging Concepts for Cheese and Chicken
The British retail chain Tesco wants to use a new concept to save 260 tons of plastic per year on packaging for its own label hard cheeses. The packaging of...
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Coffee from the Reusable Bottle
The coffee roasting company Cofi Loco offers coffee beans in a reusable glass bottle via its own online store. From the beginning of December 2020, the reusable bottles will also...
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OK, Boomer: Survey highlights gulf between youngest and oldest consumers
Generation Z consumers are more concerned about the sustainability credentials of food and beverage products than Boomers, and find vegetarian and vegan products more appealing, new research shows. PR company...
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Podcast with Győrffy Balázs and Neubauer Katalin
Győrffy Balázs, President of the National Chamber of Agriculture and Neubauer Katalin, Secretary General of the Hungarian National Chamber of Commerce, talked about the commercial sector and the Christmas shopping...
Read moreThe Independent Trade Union of Commercial Workers proposes to rethink the time zone for the elderly
The Independent Trade Union of Commercial Workers is proposing to reconsider the two-hour protected shopping time zone for the elderly introduced after the coronavirus pandemic after December 11, as they...
Read moreThe MCS Vágóhíd Zrt. expects significantly better results and higher sales revenue than last year
It is expected that the MCS Vágóhíd Zrt. of Mohács, which is optimistic about the future, will close the year with a significantly better result and higher net sales than...
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Save 2020 with a sandwich!
In Hungary, 2 million people live in deep poverty, including families, children, the elderly and the homeless. The COVID-19 pandemic made their daily food supply even more difficult. The Budapest...
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BioTechUSA donates 9 million HUF worth of protein slices to 4,500 needy people with the help of the Hungarian Food Bank
In order to save products that are no longer on the market but are still suitable for consumption, BioTechUSA has initiated a partnership agreement with the Hungarian Food Bank Association....
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Agroinform.hu: pine growers expect more restrained turnover this year
Pine growers expect more restrained turnover this year, according to the forecast of the Interprofessional Organization of Hungarian Ornamental Gardeners. Pine tree prices will be at a similar level as...
Read moreIKEA expects strong year-end sales
In November, IKEA’s sales in Hungary increased by 5 percent, compared to November last year, and expectations are similar for December, the company said at MTI’s request. Online sales, which...
Read moreAfter a month-long closure, stores opened in Austria
After tha shutdown lasts since November 17 aimed at curbing the coronavirus pandemic, stores opened on Monday and teaching began in the lower grades of schools in Austria. However, Chancellor...
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This year, shoppers are spending billions on toys at Christmas, according to a survey
Regio Játék estimates that the annual turnover of the Hungarian toy market may exceed 50 billion HUF, half of which, 25-27 billion HUF, will be realized in the month and...
Read moreRetail sales declined in the Czech Republic
Retail sales in the Czech Republic fell 0.2 percent in October year-on-year. The monthly decline was 1.9 percent, the Czech Statistical Office announced in Prague. Turnover in manufactured goods fell,...
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Sentix’s eurozone investor sentiment index improved significantly in December
By December, hopes for the antiviral vaccine had improved investor sentiment in the euro area to the highest level since February, according to a survey by the economic research institute...
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Brands together – collaboration over competition
Born out of the crisis of the pandemic, the Mission Brand Alliance is looking to push consumers to other values-driven brands by banding together. The joint 20 brands are sending...
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Product donation to the Kiskunhalas Epidemiological Hospital
450 bottles of vitamin drinks were donated by the Akasztó-based R-Water Kft. to the Kiskunhalas Mobile Epidemiological Hospital, thus helping to strengthen the immune system of the employees of the...
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Rossmann is one of the world’s best employers
Forbes partnered with market research firm Statista to compile our fourth-annual list of the World’s Best Employers. We surveyed 160,000 full-time and part-time workers from 58 countries working for businesses...
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Reál: Successful promotion with Hungarian Product
Hungarian Product Nonprofit Kft. organised a promotion campaign in REÁL stores between 2 and 27 September. Shoppers who purchased minimum two Cerbona Élelmiszergyártó Kft., Detki Keksz Édesipari Kft., Nádudvari Élelmiszer...
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Seventeen moments of spring
On the second day of the Business Days conference Tünde Turcsán, commercial director of GfK Hungária’s FMCG division gave an insight into the latest consumption trends and their practical manifestations...
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Magazine: Business Days 2020 – Our conference was not cancelled… Vol. 2
E-commerce, drugstores and discount supermarkets were the topics of the day’s first roundtable discussion. Changing consumption habits in the light of the pandemic The ‘conductor’ of the morning concerts...
Read moreAnalysts: October retail sales fell short of expectations
Analysts interviewed by MTI were disappointed by the development of retail sales in October and are also seen as a bad sign for economic growth in the fourth quarter. According...
Read moreA campaign has been launched to promote the consumption of pork
As the holidays approached, the Ministry of Agriculture (AM), the Agricultural Marketing Center (AMC) and the Interprofessional Organization and Product Council for Slaughter and Meat (VHT) launched a campaign to...
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Black Friday remained gray
While the November traffic that peaked in Black Friday in 2019 was a really noticeable upturn on the curves, this year the number of visitors to physical stores in November...
Read moreAM: Hungary’s digital food industry strategy is under way
Under the Digital Welfare Program (Djp), Hungary’s Digital Food Industry Strategy (Dés) can be prepared for next February with the participation of the Ministry of Agriculture (AM), the Ministry of...
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