Market News
Barry Callebaut to cut around 2,500 jobs worldwide
Swiss chocolate maker Barry Callebaut is to start layoffs worldwide, resulting in a total of 2,500 job cuts – from this 500 in Belgium. Barry Callebaut wishes to streamline its...
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Szallas.hu: the number of reservations and domestic guest nights increased in the first quarter
Hungarian guests booking on the Szallas.hu website spent 8 percent more nights in domestic accommodations in the first quarter of this year than a year earlier, and the number of...
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RANDSTAD Workmonitor: What motivates employees?
Randstad asked 27,000 employees from 34 countries about what is important to them in the world of work and what they expect from their employer. The latest Workmonitor survey reveals...
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In March, inflation remained at 2 percent in the Czech Republic
In March, annual inflation in the Czech Republic remained at 2 percent in February, the Czech Statistical Office announced on Wednesday in Prague. In a monthly comparison, prices rose by...
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This year, Generali’s EnterPRIZE program already supports sustainable businesses with HUF 7 million
The joint 2023 survey of the Generali Group and the Italian SDA Bocconi (in which more than 1,000 European businesses were asked about their efforts in the field of sustainability)...
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BCSDH annual meeting: Let’s lead the change!
The Business Council for Sustainable Development in Hungary (BCSDH) held its annual meeting at the Railway History Park on 27 February. This article is available for reading in Trade magazin...
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Learn about the energy cycle with Coca-Cola!
Coca-Cola Magyarország is committed to sustainability and conscious consumption, so the company’s #myfuture platform is adding an energy cycle themed educational module to its series of circular economy learning materials....
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Newly developed crude oil and grain transport wagons are being leased by EWG from the Swiss Wascosa
The East-West Gate (EWG) intermodal terminal located in Fényeslitké in Szabolcs-Szatmár-Bereg County will lease 60 newly developed and environmentally friendly crude oil and grain transport wagons from Switzerland’s Wascosa on...
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A quarter of the companies increase the amount intended for fringe benefits
At the beginning of the year, fewer employers scheduled salary increases for this year than last year, and although there are still a majority (63%) who plan to increase wages,...
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From price sensitivity to sustainability
In 2023 sales in the cleaning products market increased by nearly 16% in value, driven mainly by rising prices, as all segments of the category declined in volume. This article...
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E21: green transition is only possible with green financial solutions
Green capital market, green financial products, greener banking aspirations – the most recent meeting of Energia21 was organized around the theme of green financial solutions, where the founding members consulted...
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Domestic sunflower cultivation is at the forefront of Europe
According to the forecast of Syngenta, the market leader in the field of sunflower seeds, compared to last year’s record 700,000 hectares, the planting area of the plant will decrease...
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Carbonated soft drinks and syrups riding the stormy waves of the market
In 2023 the carbonated soft drinks market continued to be affected by external factors such as high inflation, the changing tax environment, the introduction of the EPR fee, soaring raw...
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Joe Biden called on traders to reduce prices in the wake of the high inflation figure
The President of the United States of America, responding to the higher-than-expected inflation data, called on American companies and trade actors to reduce their prices in order to reduce inflation....
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The submission of uniform applications for 2024 has started
The legislation required for the submission of uniform applications has been published. Thus, between April 10, 2024 and June 10, 2024, farmers can submit their applications for 44 direct support and...
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C-store operator Re-Up deploys robotic chef amid big expansion plans
Re-Up, which bills itself as the c-store of the future, is partnering to deploy autonomous kitchens as it plots ambitious store growth. Re-Up, the world’s first AI-powered convenience store operator,...
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Beekeepers: this year’s harvest prospects are good, but the low purchase price is a problem for large honey producers
This year’s acacia season may be favorable for domestic beekeepers, however, as a result of persistently low purchase prices caused by Chinese honey flowing into the European Union – mostly...
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Coca-Cola’s smartwater launches canned water as demand for convenience rises
Coca-Cola brand smartwater is rolling out 12 oz aluminum cans for water, offering an updated design and elevated consumption experience. Smartwater original and smartwater alkaline with antioxidant have been available...
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Retail consolidation in Central & South-Eastern Europe accelerates: Discounters and local heroes can increase the lead against other competitors
Over the past two years the emerging markets of Europe have gained in importance in the balance sheets of international retailers. However, in contrast to the past, market share growth...
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Tesco partners with global grocers to launch retail innovation venture fund
Tesco has become one of five leading global grocery retailers to establish a pioneering collaborative venture fund to accelerate innovation across retail. The W23 Global venture fund, which is equally...
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István Nagy: change is also needed in Brussels for the sake of farmers
Change must also be achieved in the interest of farming society during the June EP elections, because Brussels’ agricultural policy threatens the future of European producers and the food security...
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European governments promote diets with protein alternatives
Several European countries are supporting plant-based and other alternative protein based diets, according to a PLMA International summary. This article is available for reading in Trade magazin 2024/4 In Denmark...
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DS Smith invests EUR 13m in its Austrian factories
Packaging company DS Smith is investing EUR 13m in its production facilities in Margarethen am Moos and Kalsdorf bei Graz in Austria. The investment will increase DS Smith’s production capacity...
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Hungarians don’t eat what they like, but what they can afford
Many people in Hungarian society don’t buy the food they want, but what they can afford – it was said at the Erste Bank analysts’ background discussion. As a result,...
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Central European financial managers are significantly more optimistic, according to the Deloitte survey
According to a recent Deloitte survey, Central European financial managers are much more optimistic than a year ago. The survey, which sought the opinions of more than five hundred financial...
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AKI: the export value of 13 of the 24 agricultural and food product groups increased in 2023
In an annual comparison, the assets of Hungarian agricultural foreign trade increased by 51 million euros (almost 20 billion forints) to 3,519 million euros (almost 1,400 billion forints) in 2023...
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It is extremely important for Hungarians that the shops operate in a sustainable manner
Environmental awareness is becoming an increasingly important aspect for customers, and according to a recent survey, Hungarians also find it extremely important that stores operate in a sustainable manner. Based...
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Hungary subscribes: this is how subscription e-commerce changes our lives
Subscription e-commerce revolutionizes shopping, offering consumers greater savings, convenience, personalized offers and exclusive access. The new model not only enriches the customer experience, but also promotes the dynamic development of...
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Worrying survey: 95% of strawberries contain harmful chemicals
Government studies in the United Kingdom have revealed a serious problem: 95 percent of the strawberries available in the country contain perfluoro and polyfluoroalkyl substances (PFAS), which are dangerous to...
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20 years of Hungary in the EU: how has employment changed?
On May 1, 2004, ten new states joined the European Union, including Hungary. In our series of articles, we use one indicator to explore how the situation of our country...
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