Market News
Rally for Hungarian food – for the 18th time
The Master Good Kft. team won the 18th edition of Coop Rally. As part of the professional programme promoting quality Hungarian food production and products, this year saw the teams visit six...
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Top level oral care
Oral care is no longer just a health issue, but also part of beauty care. A healthy oral cavity and sparkling teeth make a big contribution to the quality of...
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Bittersweet
This article is available for reading in Trade magazin 2024/11 “We see a growing trend in the bitter market, where we have been able to achieve growth with our flagship...
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Frozen food brands face the challenge
During the COVID period demand for frozen food increased, but then came the hike in electricity prices from the summer of 2022, which made many retailers cut their refrigeration capacity...
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Hot tea in cold weather
This article is available for reading in Trade magazin 2024/11 Where are the days of COVID, when tea sales were booming? The market is currently in decline, and Balázs Rádi,...
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No-meat mood in the frankfurter category
Although frankfurter retail sales were lower last year than in 2022, the end-of-year season was stronger than the year before. This article is available for reading in Trade magazin 2024/11...
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Microbiome 1 – Elements of a superorganism
Our bodies are home to billions of microorganisms, which are mostly found in the gastrointestinal tract (99%, which can weigh as much as 2-3kg). Estimation is that there are nearly...
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Market knowledge, networking and marketing
This article is available for reading in Trade magazin 2024/11 Márió Spáda, wine category specialist of METRO: “Looking at the main trends, the premium quality is booming, while sales of...
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Leaving the negative period behind
According to the data by IWSR, 2.57 million hectolitres of wine and 150,000 hectolitres of champagne and sparkling wine were sold in retail in 2023, representing a decline of 1.8%...
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They want it to be premium, but also sustainable – expectations of the youngest generation
GlobalData’s latest report, “Demographics in Retail and Apparel” – which drew conclusions from the responses of more than 6,000 young people in Germany, France, Spain, Italy, China and the US...
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ESG – about sustainability standards, from a legal perspective
Since December 2023 several pieces of legislation have been published on ESG detailed rules, in which legislators have further specified certain qualification criteria for preparation, sustainability reporting and for those...
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European Union launches another Innovation Fund round
A new round of the European Commission’s Innovation Fund is expected to open in November, with more than EUR 3bn in funding for companies to make green investments. This article...
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DS Smith opens new eco-classroom in Füzesabony
For the third time this year, DS Smith opened an eco-classroom in Hungary. This article is available for reading in Trade magazin 2024/11 As part of the project realised with...
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Hungarian companies are optimistic about climate change
According to EY’s international research, the majority of Hungarian companies are optimistic about meeting their climate targets, and 70% are confident that they will reach their sustainability goals. This article...
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PwC: dramatic steps needed to meet climate targets
According to PwC’s recent Net Zero Economy Index report, the global slowdown in carbon intensity is threatening to jeopardise the achievement of climate targets. This article is available for reading...
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Lidl buildings going green
Lidl Magyarország acquired the EDGE green building certification for all of its stores by the end of 2023, which is an important milestone in the company’s energy efficiency targets, informed...
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Young people value sustainability and environmental protection the most
According to the a joint survey by the Bosch Group and Richter Gedeon Nyrt., the climate crisis and the finite nature of natural resources are the biggest challenges for more...
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Törley Sparkling Wine Cellar: green innovation and sustainability
Törley Sparkling Wine Cellar is introducing a new sustainability strategy, aiming to get half of its energy from renewable sources by 2030 and to achieve total carbon neutrality by 2040....
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ENVIRONTEC: sustainability and innovation
Three-day trade fair “ENVIRONTEC powered by ÖKOINDUSTRIA” took place at HUNGEXPO and was a real success. This article is available for reading in Trade magazin 2024/11 More than 100 exhibitors...
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Huge success at the WorldStar Student Awards competition
Every year the World Packaging Organisation organises the annual WorldStar Student Awards competition for university students that are involved in packaging design projects. This article is available for reading in...
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Márton Nagy: Domestic consumption is strengthening
Domestic consumption is strengthening, internal demand and the performance of the dependent sectors are positive, the Hungarian economy is being hit by shocks due to external factors, primarily the decline...
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Eurozone inflation accelerated to 2 percent in October
On an annual level, the increase in consumer prices in the euro zone accelerated to 2 percent in October from 1.7 percent in September, the EU’s statistical office, Eurostat, announced...
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KSH: in August, the product foreign trade surplus was 443 million euros
In August, the volume of exports decreased by 5.6 percent and that of imports by 4.5 percent compared to the same period of the previous year. The asset amounted to...
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Disillusioned parents versus ambitious children: what do Generation X and young Z want?
According to the parents of 15-19-year-old teenagers, it is primarily necessary to take advantage of opportunities to succeed, who today consider hard work almost not at all, and a diploma...
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Bank360: The government will introduce automatic inflation-tracking tax increases
The government is introducing automatic tax increases for several taxes. According to the bill submitted to the parliament, from 2025, the itemized excise tax on alcoholic beverages, tobacco products and...
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The situation and prospects of Hungarian mushroom cultivation: innovation and sustainability in the sector
Hungarian mushroom growing is one of the special and outstanding sectors of the agricultural economy, which produces about 20-22 thousand tons of mushrooms every year, exporting a significant part of...
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The project to reduce food waste was implemented in the county of Csongrád-Csanád
A project to reduce food waste was implemented in the county of Csongrád-Csanád with international cooperation, as part of which educational materials for the hospitality industry were prepared, the county...
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Alfa Group would speed up the green transition of real estate in Hungary
The compliance of the domestic real estate market with ESG requirements must be significantly accelerated, otherwise Hungary will not be able to meet the very ambitious European Union objectives regarding...
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Butter thefts continue as a result of price increases
The Russian economy faces serious challenges as inflation accelerates and prices continue to rise, while the country devotes its resources to significant defense spending. One of the most striking signs...
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The productivity of the workforce in the manufacturing industry in Hungary is close to stagnation
One of the central elements of the Hungarian economic development strategy is the development of Hungarian industry, for which a competitive, i.e. productive workforce is essential. Labor productivity measures how...
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