Market News
Cerbona acquires BOCI, which marks a new chapter in the story of the iconic brand
Nestlé has announced the sales of its BOCI, MELBA and PÁRIZSI KOCKA trademarks to Cerbona (A.R.M. Alba Régia Mercator Ltd.). Nestlé acquired BOCI and the other brands concerned during the...
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It has been revealed which companies will be targeted by NAV inspections in 2024
NAV’s 2024 audit plan already clearly shows which areas the central tax authority will focus on during its tax audits this year. Special attention is given to companies employing a...
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This is what Hungarians are looking for now, according to Árukereső.hu
With the arrival of good weather, interest in products related to leisure activities has increased. The search for related products has increased both in Hungary and in the countries of...
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Generation Z trends
What will young people be doing, wearing and thinking in 2024? – asks Rebecca Stewart in Adweek. She lists three key trends for targeting young consumers. This article is available for...
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Increasing company founding activity in the shadow of rising new procedures
There was a definite increase in the willingness to start a business in February. The number of terminations decreased seasonally. The number of companies has been decreasing for the sixth...
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The jubilee Logistics Yearbook is coming: authors and sponsors are also welcome
The Logistics Yearbook, published by the Hungarian Logistics Association (MLE), has been one of the most prominent annual publications of the Hungarian logistics world for decades. Work has already begun...
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Tetra Pak to invest more in recycling capacity
Tetra Pak is about to invest more in increasing its carton packaging recycling capacity in the EU, supporting the objectives of the EU’s proposed PPWR Regulation. The packaging giant invested...
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The digital nutrition labeling system for wine products will be launched in April
The National Council of Mountain Communities (HNT) in cooperation with the Ministry of Agriculture and the National Food Chain Safety Office (Nébih) will launch a digital nutrition labeling system for...
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Complex payment terminal solution for electric vehicle charging stations in Europe
Mastercard and Last Mile Solutions have joined forces to revolutionise the payment process for charging electric vehicles. A cikk a Trade magazin 2024/4. lapszámában olvasható. Their new solution will enable...
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This is what the youngest customer group spends on
Two-thirds of the 14-18-year-olds receive an average of HUF 22,000 in pocket money per month. Girls spend more on clothes and gifts, boys spend more on online games and electronic...
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This year’s support program for the beekeeping industry is starting
Beekeepers can benefit from more than HUF 3 billion, as the regulation of the sector’s support program according to the Strategic Plan of the Common Agricultural Policy has been published...
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This is how the webshop regulation affects retailers
At the 8th Ecommerce Expo Budapest, held on 29 February 2024, Dr Barnabás Balczó, president-CEO of MPL spoke about the new government regulation known to many as the “Webshop Decree”. This...
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Mobile payment is now a daily routine for Hungarian students
Mastercard has conducted a survey among young Hungarians about their financial habits, personal motivations and goals for the second time. This article is available for reading in Trade magazin 2024/4...
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Mastercard and Nexi working on open banking payments
Europe’s leading PayTech company Nexi has chosen Mastercard as a strategic partner for its open banking programme in Europe. This article is available for reading in Trade magazin 2024/4 The...
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About seventeen thousand families are supported by Katolikus Karitász’s Easter non-perishable food collection
One hundred and fifty tons of food were collected at the Easter non-perishable food collection initiated by the Hungarian Catholic Bishops’ Conference and conducted by Catholic Charity, of which almost...
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Hungarian Product trademarks underline the true value of AGROSPRINT products
For more than three decades Agrosprint has been a leading company in the domestic market for quick-frozen fruit and vegetables. This article is available for reading in Trade magazin 2024/4...
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Ten million kilograms of food donated
Last year the Hungarian Food Bank Association saved 10 million kilograms of food from stores and manufacturers, donating it to people in need. This article is available for reading in...
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Winner of the Gyermelyi TikTok talent contest announced
Gyermelyi has announced the results of this year’s Recipe Roulette influencer talent contest: the winner is Virág Molnár. This article is available for reading in Trade magazin 2024/4 In addition...
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Dm helps families with young children in need by donating nappies
This year again three trucks transported 75 pallets of babylove nappies – a total of 6,500 packs – from the dm drugstore chain’s warehouse, to be distributed among 260 families...
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More companies feel that they are in a more stable financial situation than last year
Companies are more optimistic about the year ahead than they were last year. A greater proportion feel that they can count on a secure financial situation this year: while in...
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Will we be saying goodbye to maple syrup soon?
A sudden drop in Canada’s major maple syrup reserves is causing concern: The amount of maple syrup in a reservoir in Quebec has dropped to a 16-year low of just...
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“How Much To Eat From What” is more and more popular
In the last 8 months more than 3,000 adults have joined the How Much To Eat From What programme of the Auchan Foundation, in order to receive free personalised nutritional...
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K&H and the Dairy Board renew cooperation
In order to promote the future development of the dairy sector and innovative investments, K&H and the Milk Interbranch Organisation and Dairy Board have renewed their cooperation. This article is...
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Support for irrigation development continues
Farmers must be supported in being able to adapt to the challenges posed by climate change and at the same time increase the cultivation of crops with greater added value. As...
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Maxima Latvija Invested €11.5m In Store Renovation In 2023
Maxima Latvija invested €11.5 million in reconstructing and renovating its store network in Latvia in 2023. During the year, Maxima Latvija invested more than €5 million in renovating its stores...
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The price of eggs at the packing point is still lower than last year
Based on data from the KSH, in 2023, Hungary bought 35.5 thousand tons of shell eggs from the international market, almost the same amount as the previous year, within which...
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Budweiser Teams Up With Artist Peter Blake On New ‘Pop Art’ Can
Beer brand Budweiser has teamed up with Sir Peter Blake, the artist behind the cover of The Beatles’ Sgt. Pepper’s Lonely Hearts Club Band, on a new series of Pop-Art...
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FMI: 57% of shoppers purchase produce from mass retailers, supercenters
While traditional grocery stores are still consumers’ top places to buy produce, low-price format retailers are making significant gains in the category. Where consumers purchase produce has shifted to favor...
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The Council of the EU approved the proposal for the revision of the common agricultural policy
On Tuesday, the EU Council of Agriculture Ministers approved a proposal for a targeted revision of the Common Agricultural Policy (CAP), which aims to simplify and reduce the administrative burden...
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Association of Hungarian Confectionery Manufacturers: there are challenges in the market
The bite of last year’s inflation also left a deep mark on the confectionery market. While the size of the market increased by 23 percent year-on-year to HUF 381 billion...
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