Market News
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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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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