Market News
Momentán Társulat and Diageo are preparing for the Valley of the Arts with joint attention-grabbing educational programs and performances
Diageo, the world’s leading producer and distributor of alcoholic beverages, in cooperation with Momentán Társulat, is drawing attention to the importance of conscious and responsible alcohol consumption at the Valley...
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HNT: the new waste management regulations cannot increase the burden on grape and wine producers
According to the National Council of Mountain Communities (HNT), the economic and bureaucratic burdens of grape and wine production should not be increased, the organization therefore welcomes the fact that,...
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AVON: two-thirds of women prefer more natural make-up
The range of factors influencing women’s beauty care decisions is very complex, and the meaning of beauty is constantly changing over time. As a result of the pandemic and then...
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Germany would ban the production of strawberries
Too much water is required for the production of strawberries, which is why the Minister of Environmental Protection in Lower Saxony would eventually ban it, along with several other water-intensive...
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Trenkwalder: The average hourly wage of manual workers increased by 19 percent in the second quarter
In the second quarter, the average gross hourly wage of skilled and trained workers performing physical work was HUF 1,853, which is a 19 percent increase compared to HUF 1,553...
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The price of agricultural land rose by almost 10 percent last year
The amounts to be paid for agricultural land in Hungary continued to rise in 2022, and the price increase accelerated to more than nine percent after 8.5 percent in 2021...
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Lidl France Expresses Interest In Acquiring 600 Casino And Monoprix Stores
Lidl France is believed be interested in acquiring 600 stores operating under the Casino and Monoprix banners in the country, according to media reports. The discounter has sent a letter,...
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After the approval of the GVH, Mol took over the Szarvasi Biogas Plant
After the approval of the Economic Competition Authority (GVH), the Mol group took over the Szarvasi Biogázüzem. In May, the company concluded an agreement with BayWa AG on the purchase of...
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Inflation has made a difference to trade in organic products
High inflation has significantly changed the purchasing behaviour of customers for organic products. „People are still buying organic products, but at a lower price” Robert Kecskes, trade expert at market...
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Kraft Heinz to spend more than $400M to build Illinois distribution center, hire 150-plus workers
The 775,000-square-foot facility will allow the CPG giant to reduce its environmental footprint, boost supply chain efficiencies and ship its products faster. Kraft Heinz plans to spend more than $400...
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A foil tent heated with thermal water was built in Mezőkovácsháza
A foil tent heated with thermal water was built at the Mezőkovácsháza in Békés county with the support received from the economic revitalization program of the Ministry of the Interior,...
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Fidelity: Net zero in 2030 seems unrealistic for most companies
A survey of Fidelity ESG analysts questions whether companies’ net-zero plans are sufficient. The answer is: not yet, and a greater concerted effort is needed. Additional funding, technological innovation and...
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What can we learn from the promotions of 2022?
Market researcher Kantar Hoffmann has done an exclusive focus group survey for Trade magazine, on what shoppers think about the promotions that entered the “Most successful promotion of the year”...
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Syngenta developed a digital application for hobby gardeners
Syngenta Hungary presented a new, free mobile application. The Garden and Home application provides professional help against pests and plant diseases that threaten gardens and households. The changing growing conditions,...
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Food self-sufficiency is a strategic issue
In the shadow of the war, food self-sufficiency is a strategic issue – stated Minister of Agriculture István Nagy at the round table discussion of the 32nd Bálványosi Summer Free...
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More companies had salary increases than planned at the beginning of the year
While wages were increased at eight out of ten companies last year, the willingness to raise wages has decreased in the 2023 plans: in January 2023, only six out of...
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Agrometeorology: corn would benefit from rain
There is a drought in many places in the Great Plain and in the north and south-east of Transdanubia, corn would need abundant rainfall for the formation and growth of...
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PepsiCo starts new sustainability platform for consumers
Pep+ Partners for Tomorrow is the name of a new sustainability platform by PepsiCo, which offers solutions that aim to support shoppers in achieving their sustainability goals. At the launch...
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Nestlé Increases Local Sourcing In South Africa With New Processing Plant
Swiss food company Nestlé said it will be locally sourcing over 40% of raw materials for a new processing plant in South Africa to offset supply chain challenges and cut...
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The most important challenges facing the food industry in the Carpathian Basin
Currently, the food industry is one of the most important parts of agriculture, which could mean the future – declared Dr. Márton Nobilis, State Secretary of the Ministry of Agriculture responsible...
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Louis Delhaize exits France, sells stores to Carrefour
Ailing Belgian supermarket group Louis Delhaize has sold its 175 French shops to Carrefour. Good deal for Carrefour Carrefour has paid 1.05 billion euros for the 60 Cora hypermarkets and 115 supermarkets of the...
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The range of summer squash is extremely diverse
In the heat of summer, a light lunch or a summer evening dinner is good, for which tender pumpkins, which can be prepared in a variety of ways, can serve...
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Euro zone inflation slowed down in June
In June, as previously announced, annual inflation eased to a 17-month low in the euro area, mainly due to the drop in energy prices, according to the data published on...
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Péter Szijjártó: 25 companies have already received support under the Factory Rescue Program, including food industry companies
So far, twenty-five companies have received the certificate of support, worth a total of HUF 27.5 billion, within the framework of the Factory Rescue Program, which promotes investments that increase...
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BDO: The European Commission’s proposals regarding the EU customs reform
The proposals of the EU customs reform include the creation of a new EU customs authority and the development of e-commerce. They contain important changes in taxation that are in...
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Digitization brings revolutionary changes in the food and beverage industry as well
Digitization has brought about a major improvement in production for three quarters of food and beverage companies, and half of them expect further improvement, according to a study by Schneider...
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(HU) Újszászi Bogár László: Érdemes megemlíteni a termékünk egy kisebb negatívumát, ezáltal növelve a hitelességünket
Sorry, this entry is only available in HU....
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Dr Beáta Felkai: The main goal is providing Hungarians with safe and good quality food
Dr Beáta Felkai, deputy state secretary of food chain supervision at the Ministry of Agriculture gave an interview to our magazine. This article is available for reading in Trade magazin...
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Żabka to open autonomous store in Poznan hospital
Polish retailer Żabka plans to open a Nano outlet in a hospital in Poznań in the second half of the year. The new autonomous shop would be the first of...
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The September deadline for the cereal import ban is unacceptable
A deadline of September 15 regarding the EU import ban on Ukrainian cereals is unacceptable for the EU countries neighboring Ukraine – Minister of Agriculture István Nagy emphasized on Wednesday...
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