News and articles
Oreo celebrates with cookie dunking world record
On 30 January Mondelēz International broadcast a Guinness world record attempt live online: the most people dunking cookies across multiple venues. The successful record attempt was coordinated to celebrate the OREO cookie brand...
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Lidl to open another distribution centre in the USA
Lidl is expanding in the south of the USA. The discount grocer announced it will build a USD 100 million regional distribution centre in Covington, Georgia. The 86,000m² facility will...
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ISM: 50 years of sweets
ISM is the biggest annual trade fair for sweets and snacks in the world, which has been organised for 50 years. In 2020 Cologne hosted the event between 2 and...
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Coca-Cola buys dairy product company fairlife LLC
The Coca-Cola Company has announced that it has acquired a 100-percent stake in fairlife LLC, a Chicago-based manufacturer of value-added dairy products. Fairlife LLC started operations in 2012 with a high-protein milkshake,...
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Gruppo Selex invests 330 million euros in its stores in 2020
Italian retailer Gruppo Selex is going to invest EUR 330 million in opening new stores and remodelling existing supermarkets in the country next year. This budget will be used to...
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The 2020 Grüne Woche broke many records
Internationale Grüne Woche took place in Berlin between 17 and 26 January 2020. This year’s trade fair broke many records: on 129,000m² more than 1,800 exhibitors from72 countries showcased their...
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Amazon India enters into partnership with Future Retail
Amazon India is now an official sales channel of Future Retail stores, enabling the latter to reach a wider customer base. Future Retail currently has 1,500 stores, attracting over 350...
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Rema 1000 and Vallø Castle join forces
Norway’s Rema 1000 has announced a partnership with Vallø Castle for sourcing fresh organic eggs. The initiative is part of the retailer’s ’ground-to-table’ strategy that concentrates on offering special, locally produced...
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Lidl launches Ireland’s first 100-percent compostable bag for potatoes
Lidl Ireland has introduced the first fully compostable potato bag in the country, in cooperation with Meade Potato Company. The 2kg packs of Meade White Potatoes feature packaging made from...
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Dreher appoints new sales director
As of this year, Györgyi Gyovai is the sales director of Dreher. Ms Gyovai has more than 20 years of experience at various food companies: she used to work for...
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A top feeling
In 2020 economic growth was around 5 percent in Hungary, and this was one of the top growth rates in the EU. For 2020 GKI calculates with a 3-3.5 percent...
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Whole-Foods and Parmigiano Reggiano sign distribution deal
Italy’s Consorzio Parmigiano Reggiano has signed a distribution agreement with Whole Foods Markets, which is valid in the USA, Canada and the UK. The agreement – signed with the USA-based...
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Valio and Stora Enso trial wood-based biocomposite packaging
Valio and Stora Enso are going to distribute 10,000 wood fibre-based reusable lids made from a biocomposite, while encouraging consumers to reduce food waste. The reusable lids will be used...
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L’Oréal among the best in corporate sustainability
International non-profit organisation CDP has named L’Oréal as the world leader in corporate sustainability in three areas: climate change, water security and forest protection. For the fourth year in a row,...
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Lower wheat prices
In January the United States Department of Agriculture (USDA) published a forecast that says the world’s chicken production will increase by 4.5 percent to 103.5 million tons this year. According...
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Marneváll’s new owner
After the approval of the Hungarian Competition Authority (GVH), it was announced that LDC-Tranzit Zrt. had acquired a 100-percent stake in Marneváll Zrt. Convenience food company Marneváll operates two factories...
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Nestlé’s Henniez Mineral Water Switches To 75% rPET Bottles
Nestlé Waters’ mineral water brand Henniez has switched to water bottles made of 75% recycled PET plastic across its entire range. The announcement was made three weeks after Nestlé pledged...
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Coca-Cola To Launch Recycled Plastic Bottles In Sweden
Coca-Cola has announced plans to launch a new range of bottles made entirely from recycled plastic in Sweden. The company is also introducing new labels on its Coca-Cola, Fanta, Sprite...
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Lifeblood of Amazon merchants threatened as coronavirus infects Chinese workers
Amazon.com Inc (AMZN.O) sellers are bracing for product shortages as Chinese workers – worried about the fast-spreading coronavirus – may be unable or unwilling to return to idled factories. The...
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Magazine: Modern wine sector management
Members agreed at the November meeting of the National Council of Wine Communities (HNT) that one of their main tasks in the previous four years had been reorganising the public...
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AM Secretary of State: mangalica breeding is marketable still in the 21st century
Mangalica cultivation is not just a tradition, but a constantly evolving, marketable value creation in the 21st century – the State Secretary responsible for Agriculture said at the opening of...
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Almost 900 million HUF development at the Bát-Grill Kft.
The Bátaszék-based company specializing in poultry processing, has upgraded its slaughterhouse with an investment of 870 million forints – the company’s managing director told MTI. The project was funded by...
Read moreThe foreign trade surplus last year was almost 5 billion euros
The value of exports in euro terms increased by 4.0 percent and imports rose 4.8 percent in 2019, and the foreign trade surplus fell by 4.985 billion euros to 535...
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Lecsó was cooked at the Catering Cook Competition
The Catering Cook Competition was held on 6 February within the Sirha the most prestigious food and hospitality trade show. The competition was won by the Hungast Pécs from twelve...
Read moreNAV found 27 million HUF worth tax-free cigarettes on the M3 motorway
About 27 million HUF worth tax-free cigarettes were found in a truck on the M3 motorway – the National Tax and Customs Administration (NAV) told MTI on Friday. According to...
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Allen & Overy: a decline in international mergers and acquisitions rates last year
The global Mergers and Acquisitions (M&A) market has seen a decline in international transactions, with investors focusing primarily on their own markets last year – the Hungarian partner of Allen...
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Sirha closed a successful exhibition at Hungexpo
All participants as a professional consider the Sirha Budapest International Food and HoReCa Trade Fair as a business success. The HUNGEXPO Budapest Convention & Exhibition Center saw 12 percent more...
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FAO: Food Price Index eases in October as dairy prices decline
Global food prices dipped in October, led lower by dairy products, averaging 27 percent below its all-time high reached in early 2011. The FAO Food Price Index averaged 176.4 points...
Read moreLegislation and subsidies help to increase irrigated areas
The new legislation, which came into effect in January 2020, provides an opportunity to expand irrigated areas in Hungary, for which simplified irrigation development plans can be made and farmers...
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