Market News
JYSK is constantly working to reduce its environmental footprint
The Danish company, JYSK, is once again taking important steps in the field of environmental protection, this time by changing the packaging and ingredients of its products. The company has...
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Competition authority leaders from 15 countries met in Budapest
At this year’s first event of the joint Regional Competition Education Center (ROK) of the Economic Competition Authority (GVH) and the OECD in Budapest, the heads of competition authorities from...
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The discounters reduce the price of Easter ham with imports: what can we expect this year?
As the Easter season approaches, discounters are trying to enter the price competition with imported meat products, especially imported Easter ham. According to the advice of the Meat Association, those...
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Systemic thinking
On 25 January the 17th awards gala of the Hungarian Franchise Association took place at the Hilton Budapest Hotel, where the 2023 Franchise Network of the Year Award went to Alma...
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The agricultural professionals of the future are being trained in the present
Hungarian agriculture and agricultural vocational training have a past, present and future, on which the domestic agriculture and food industry can confidently build – declared Dr. Márton Nobilis, Secretary of...
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The DNA segment responsible for the spread of antibiotic resistance has been identified in Salmonella
The researchers of the National Laboratory of Agricultural Biotechnology and Precision Breeding for Food Safety (Agrarian Biotechnology NL) have identified two DNA segments of the salmonella bacterium that are responsible...
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Hungary wins six world prizes at the 2024 WorldStar
There were 435 entries from 41 countries in the World Packaging Organisation’s 2024 WorldStar Global Packaging Awards competition, and 214 entries from 37 countries were awarded the WorldStar prize. Six...
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The EU has strengthened the rules for the protection of geographical indications for food and beverages
At Tuesday’s meeting of the Agriculture and Fisheries Council, the ministers of the EU member states adopted the decree on improving the protection of geographical indications and other quality systems...
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The position of the National Association of Hungarian Dietitians on intermittent fasting
Intermittent fasting (IF) is based on alternating fasting and eating periods. They focus on the timing of food consumption rather than the quantity and quality of food consumed per se....
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Artificial intelligence to accelerate delivery of online orders
Artificial intelligence (AI) and machine learning will boost the development of home delivery in 2024, by predicting the number and characteristics of orders and planning processes, helping to integrate environmentally...
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The green ideology established in agriculture prevents competitiveness
The extreme green ideology that has settled on European agriculture completely prevents competitiveness and the future of EU agriculture, the Hungarian Minister of Agriculture stated in Brussels on Tuesday. Speaking...
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The producer price of lamb rose by 16-18 percent
According to data from the European Commission, the European Union’s sheep and goat imports (live animals and meat) were 170,000 tons in 2023, which represents a 3.7 percent increase compared...
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Our country is still at the forefront of horseradish cultivation
In addition to the domestic market, there is plenty of high-quality Hungarian horseradish for export. In addition to the well-known – and in great demand during the Easter period –...
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Nestlé launches pair of initiatives to decarbonize cocoa supply chain
The global food company said its new projects aim to reduce and remove more than 500,000 metric tons of carbon during a 20-year period. Nestlé said it is launching two...
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Clinique opens brand store on Amazon
Clinique, an Estee Lauder company, is continuing to expand its digital commerce touchpoints. The cosmetics brand is debuting on the U.S. Amazon Premium Beauty store and is the first of a select...
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Aldi to donate over 500k meals to support charities this Easter
Aldi is donating more than half a million meals to local charities, community groups and food banks throughout the upcoming Easter school holidays. The discount grocer expects almost two-thirds of...
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Declaration of the person in charge of the plant protection activity
The recipients of subsidies provide data on plant protection service activities. The provision of data is mandatory and takes place on the website of the Hungarian State Treasury for submitting...
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European Private Label Awards 2024 – Winners Announced
Retailers from Germany, Italy, France, Spain, Denmark, Finland, Norway, Belgium, the Netherlands, the United Kingdom and Central and Eastern Europe have been named amongst the winners in the 2024 European...
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The eGN data reconciliation with the producers proved successful
Following the deadline for the submission of the electronic management diary a month ago, Nébih initiated a data reconciliation with the producers until March 14. In order to provide clarifications,...
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Vertical farming sector could grow to nearly USD 100bn by 2035
A new study by Research Nester suggests that an increased focus on environmentally friendly food production will be the main driver of growth in the global vertical farming market between...
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Tesco: second phase of growth in “plant-based products”
British supermarket Tesco has reported a second wave of demand for plant-based foods after a sales drop last year. This article is available for reading in Trade magazin 2024/4 According...
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New momentum
The US branch of Shop! started the year with a renewal of its board and committees. This article is available for reading in Trade magazin 2024/2-3 Three of the 5...
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GKI expects slower growth, higher inflation and a larger public budget deficit than the government thought
The Hungarian economy entered a protracted recession in 2023, while inflation decreased significantly by the end of the year. There was a very favorable turn in the external balance, but...
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Dia earmarks EUR 150m for promotion in 2024
Spain’s Dia is earmarking EUR 150m for promotion and discounting in 2024. As part of this, the retailer will make weekly offers on more than 200 products, on which Club...
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Barbora closes its Polish operations
Online retailer Barbora – a member of the Maxima Group – ceased operations in Poland as of 3 March 2024. The company entered the country in 2021 and offered grocery...
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The supply of eggs will be plentiful, according to professional organizations
There will be an abundant supply of eggs in the shops at Easter, but there can be big differences in prices, according to the overview of the National Chamber of...
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Cocoa and sugar price increases: what can we expect in stores before Easter?
In recent months, the price of cocoa and sugar on the international markets has risen significantly, the main reason for which is the problems occurring in the production areas, say...
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The prices of Easter hit items vary widely
As the holidays approached, preparations for Easter began, and store shelves were already covered with products typical of the holiday season. Of course, in addition to ham, smoked knuckles, pre-packaged...
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Sustainability in food safety is a growing challenge
The Ministry of Agriculture gives priority to the relationship between food packaging and sustainability, because we have a responsibility to the younger generation – said Dr. Beáta Olga Felkai, Deputy...
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Same-day delivery is the desire of Hungarian customers
Among Central European customers, fast home delivery is clearly the preferred solution, most often because something was left out during a previous shopping trip. Hungarians, however, would spend less on...
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