Market News
What do shoppers say about the new retail tools?
At the beginning of the year, Consumer Panel Hungary GfK–YouGov asked panel members about their online shopping habits, shopping apps and payment methods, and also presented some retail innovations. This article is...
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Special foods ranking: 1. Diabetic, 2. Low-carb, 3. Lactose-free
Different special diets and foods are frequently discussed, and it is becoming less of a problem to ask for a cup of coffee with plant-based milk in a café, and it...
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Community in the community
The recent MasterWorks business workshop of Hungarian Product Nonprofit Kft. has proved to be a real milestone: it was a sold-out event. With MasterWorks, the objective is to create a...
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As a domestic manufacturer, Sydnex wants to employ Hungarian workers
Family business Sydnex Kft. has been active in the Hungarian packaging industry for more than 30 years. Thanks to extensive investments over the last 3 years, the firm has doubled...
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Featherweights in the ring
Following a difficult year, most food categories can look forward to 2024 with justified optimism. This article is available for reading in Trade magazin 2024/5 Pricing and promotion given main...
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Unilever launches Knorr meal cups to attract working consumers
The brand, recognized for its sauces and broths, is launching seven rice and pasta options for people looking for healthier choices at the office. In fact, a 2023 report found that professionals...
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GVH: The postponement of certain amendments to the Competition Act is justified
The Economic Competition Authority (GVH) agrees with the postponement of some planned amendments to the Competition Act. The president of the GVH initiated the creation of a pro-competition working group...
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About two million tons of food waste is produced in Hungary every year
The former president of the republic, János Áder, chairman of the board of trustees of the Kék Bolygó Climate Protection Foundation, drew attention to the environmental dangers of unjustified consumption...
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“To the bin with food waste” – the Nébih No Leftovers program announces a poster design competition
On the occasion of the Sustainability Theme Week, the program of the National Food Chain Safety Office (Nébih) is launching a poster design contest entitled “To the bin with food...
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Paper packaging may not be the best
The environmental effects of packaging are receiving more and more attention as sustainability comes to the fore. Recent research shows that while paper packaging may be easier to recycle than...
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Aldi to create 5,500 new jobs in the UK this year
In the UK Aldi is creating 5,500 new jobs as it expands in 2024. The discount grocer, who plans to build a network of 1,500 stores in the long run,...
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Gebrüder Weiss Kft.’s HUF 10 billion investment in the future of logistics
Gebrüder Weiss Kft.’s new HUF 10 billion investment was handed over: a 10,000 m2 logistics complex equipped with state-of-the-art technologies with a transfer warehouse and a logistics high-rise warehouse, as...
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Where next for Student Design?
In the morning of 5 March, there was a POPAI international meeting in pavilion A of the Sirha Budapest 2024 trade fair, where participants discussed the possibilities of expanding the...
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(HU) MBH AgrárTrend Index: stabilizálódtak a magyar élelmiszer-gazdaság kilátásai
The assessment of the situation of the actors of the Hungarian food industry has stabilized, which is more favorable than before in the first three months of 2024, according to...
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Borsodi is the official beer of the Hungarian national football team
Borsodi Brewery and the Hungarian Football Federation have signed a cooperation agreement. In connection with UEFA Euro 2024, Borsodi Brewery will be the official beer of the Hungarian men’s national...
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MNB: the activity of the commercial real estate market may increase with economic growth
After the vacancy rates in the office market and industrial-logistics continued to rise in 2023 with subdued demand and significant new transfers, the activity of the commercial real estate market...
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The EP approved the review of the EU’s common agricultural policy
The revision of the common agricultural policy (CAP) was approved at the plenary session of the European Parliament in Strasbourg, the aim of which is to reduce the administrative burden...
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Coca-Cola signs $1.1bn deal with Microsoft in generative AI push
The drinks group has been working with generative AI for nearly a year and is using Azure OpenAI throughout its business. The Coca-Cola Company has signed a $1.1bn deal with...
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Hungarian strawberries are already ripening, a good harvest is expected this year
Hungarian strawberries are already ripening in heated and unheated foil tents, and the harvest can also begin in open-field plantations at the beginning of May. According to the overview of...
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6 in 10 Gen Zs prioritise user experience and trustworthy reviews
Over 75% rely on reviews and customer service when shopping, Shopee Malaysia’s survey reveals Sixty percent of Gen Z shoppers prioritise platforms with easy search, comparison functionalities, and trustworthy reviews,...
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French supermarkets have to inform shoppers about shrinkflation
From 1 July, supermarkets in France will have to alert customers to instances of so-called “shrinkflation”, when retailers or manufacturers make their products smaller without reducing the price. When a...
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Agrometeorology: rainfall was good for plant development
The cool weather of the past few days stopped the premature, extremely fast development of the plants, and the precipitation was also good for the vegetation. In the continuation, warmer...
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KSH: Gross average earnings were HUF 605,400 in February 2024, 14.0 percent higher than a year earlier
In February 2024, the gross average earnings of those employed full-time was HUF 605,400, and the net average earnings calculated with discounts taken into account was HUF 417,100. The gross...
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Sándor Czomba: 566 micro, small and medium-sized enterprises receive capacity-building support
566 people successfully applied for the capacity expansion support aimed at micro, small and medium enterprises, the budget of the program, which started in January this year, is HUF 6.5...
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UN: worldwide food insecurity continued to increase last year
The insecurity of the food supply has increased further in 2023, according to the UN report published on Wednesday, according to which 282 million people are in urgent need of...
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Can free Facebook and Instagram without personalized advertisements come?
Great anticipation preceded the decision of the EU Data Protection Board (EDPB) regarding the data protection aspects of the “consent or pay” business model used mostly by Meta. What is...
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Nébih is reporting on product size reductions
On 1 March a National Food Chain Safety Office (Nébih) database was launched, where shoppers can find out how much the size of certain products has reduced. This article is...
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Kroger-Albertsons mega-merger at risk
The US Federal Trade Commission (FTC) is opposing the controversial merger of the supermarket chains Kroger and Albertsons, fearing it will lead to higher prices for consumers and worse working...
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One in four adults wants to quit smoking due to price increases
According to the results of a recent research in England, the increase in the price of cigarettes and the awareness of the health risks of smoking are encouraging more and...
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Annual Costs From Climate Change Set To Total €35 Trillion
A study by the Potsdam Institute for Climate Impact Research (PIK) has estimated that the global economy faces approximately $38 trillion (€35.61 trillion) in damages each year due to the...
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