News and articles
MNB: household savings reached 4.2 percent of GDP in the third quarter
In the third quarter of this year, households accumulated savings of 931 billion HUF and borrowed 422 billion HUF, increasing their net financial assets by 508 billion HUF, which is...
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At Advent, each Coca-Cola cap can serve a bowl of food
Coca-Cola, the Hungarian Red Cross and Street Kitchen are launching a joint charity campaign. Eating a delicious food and drink is much more than a meal – it can give...
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FIVOSZ more and more young people are thinking about starting a business
Over the last ten years, more and more young people have been thinking about starting a business, – Kovács Patrik, president of the National Association of Young Entrepreneurs (FIVOSZ) told...
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410 actions to raise awareness to waste reduction this week throughout the country
Boros Anita, the Minister of State of the Ministry of Innovation and Technology, announced at the press conference of the European Waste Reduction Week in Budapest that the number of...
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Henkel Q3 results reported
Henkel’s German household chemicals and cosmetics group’s operating result and profit declined in the third quarter, with almost unchanged sales revenue. According to a report published on the company’s website,...
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McDonald’s is testing innovative packaging and recycling solutions across Europe
McDonald’s announced the launch of its comprehensive waste reduction program in Brussels. As part of this, the company is taking initiatives across Europe to replace or reduce plastic packaging and...
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Intermarché Portugal Introduces PorSi Private Label Brand
Intermarché Portugal has launched PorSi, a new, exclusive private label brand. The hypermarket chain is investing €6 million in the new brand, comprising more than 1,000 SKUs, with both food...
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Nespresso Introduces Curbside Programme To Recycle Coffee Capsules
New Yorkers can now recycle their Nespresso coffee capsules and other lightweight aluminium items through a new curbside programme in the city. The programme will facilitate the recovery of Nespresso...
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Sprite Switches To Clear PET Bottles In Southeast Asia
The Coca-Cola Company has announced that Sprite will switch to clear PET bottles in Southeast Asia. The shift from the iconic green bottle will boost collection and recycling, the beverage...
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More innovative products among green packaging solutions
As a result of #zerowaste movements and other environmental campaigns, the number of degradable and recyclable packaging designs is growing. The following three firms are regional BUNZL Group members. Silwell...
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New online grocery store to open
New online food store Kifli.hu opens in Budapest in December. The affiliate of Czech market leader rohlik.cz will list approximately 8,000 products, half of which are high-category or premium groceries....
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Pricing and promotions through the eyes of the consumer
Food prices are rising and shoppers are worried – reveals the latest Nielsen ‘Shopper Trends’ survey. Back in 2017 growing food prices was only the 6th biggest shopper concern, but...
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This is how the families of 25-34 year olds are shopping
Euromonitor International has published a report, titled ‘Millennial Parents: Transforming Family Life’. It contains the results of a global survey on the habits of Generation Y – 25-34 year old...
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The future is sustainable
Sustainability is one of the hottest topics all over the world and 2019 is the year when smart product manufacturers and retailers have tested really innovative things in their efforts...
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More than 30 billion forints for winemakers’ development projects
Within the framework of the Rural Development programme, HUF 35 billion has been granted as funding for winemakers. The plan of the Ministry of Agriculture is to promote the sales...
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Growing sales for laundry detergent capsules
In the first 9 months of 2019 the number of laundry detergent capsule buying households kept growing, and liquid/gel products also acquired new buyers. If we want to simplify things...
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Cosmetics industry: More money spent on advertising
Zenith’s Beauty Advertising Expenditure Forecasts reveal that the global cosmetics industry’s spending on advertising grew from the -1.2 percent in 2018 to 2.7 percent in 2019. What is more, beauty...
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Food prices up more than 5 percent
Consumer prices were 2.9 percent higher in October 2019 than in October 2018. Food prices jumped 5.4 percent. Pork’s price augmented the most, by 15.5 percent. The price of bread...
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Slower growth, but lower inflation too
Economic growth was 5.1 percent in Hungary in the first half of 2019. This growth rate was the fastest in the EU – three times faster than the average. The...
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Pig prices skyrocketed
The Food and Agriculture Organisation (FAO) of the United Nations forecasted in November that the world’s pork output would reduce by 8.5 percent to 110.5 million tons this year, in...
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Intensive fish farming has a stable future
Ferenc Lévai, CEO of Aranyponty Zrt. informed that cultivating fish in lakes is less profitable than other forms of farming, the rate is about 4-5 percent. The mains reason behind...
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Sirha Budapest 2020: The biggest Hungarian celebration of everything food
Our magazine asked Klára Tihanyi, exhibition director of Sirha Budapest 2020 about the food, baking and confectionery, HoReCa, packaging and gastronomy trade fair. ‘In 2018 about 300 exhibitors from 17...
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Innovation and sustainability are the keywords in the FMCG market
KNK PR & Média and Magyar Termék Nonprofit Kft. organised the Agóra conference in the Etyek Film Park. In his keynote speech Róbert Zsigó, secretary of state responsible for food...
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Amazon offers grocery delivery at lower prices in Germany
Amazon announced that it would reduce the monthly membership fee for Fresh in Germany to EUR 7.99 from EUR 9.99, and will also cut the additional delivery fee for orders...
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Quality systems and markings in egg production
The essence of responsible food safety is that only such high quality eggs end up in the freezers of shoppers that have been monitored in each and every phase of...
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Coca-Cola rolls out new sparkling mineral water brand
Coca-Cola’s new sparkling water line, AHA will debut in the USA in the spring of 2020. Flavoured sparkling water has become a popular alternative for shoppers. In 2018 flavoured sparkling...
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Dino Polska opens more than 130 new stores in the first nine months of 2019
Polish grocer Dino Polska has opened around 138 new stores in the first nine months of its financial year. The retail chain launched 120 new stores in the same period of...
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Spar cuts sugar content of private label products in Croatia
Spar Croatia has modified the recipes of around 65 private label products to reduce their sugar content. In 2017 Spar launched a programme to cut sugar content in its private label...
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Online shopping is likely to beat physical stores this Christmas in Germany
For the first time, the majority of German consumers plan to buy presents online this Christmas – reveals a new survey conducted by Deloitte. According to the study, 67 percent...
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