Market News
Unilever To Sell Elida Beauty To Yellow Wood
Consumer goods giant Unilever is to sell Elida Beauty, its non-core beauty and personal care division, to U.S. private equity firm Yellow Wood Partners. The financial terms of the deal,...
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Germans are saving on sustainable products
According to a Deloitte survey of 19,000 consumers in 19 countries, including 1,000 in Germany, less than half of Germans keep buying organic and sustainable products. The main reason for...
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Mercadona Ends 2023 With 49 Stores In Portugal
Spanish supermarket chain Mercadona has expanded its presence in neighbouring Portugal by opening 10 new stores in 2023, reaching a total of 49 by year-end. Despite being newcomer, Mercadona has...
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The producer price of edible wheat is 53 percent lower than last year
In its December forecast, the US Department of Agriculture (USDA) revised upwards the 2023/2024. expected global wheat harvest in the economic year, the output of 783 million tons may be 6.6...
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Viewpoint: four out of five Hungarians prepare gifts for Christmas
79 percent of Hungarians are preparing for Christmas with gifts this year as well – according to a telephone poll conducted by the Nézőpint Institute, the results of which were...
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For a stress-free holiday: simple and budget-friendly Christmas recipes
The holiday season can be a headache for many, but there is no need to worry for those who can only deal with preparations at the last minute, but still...
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The changes related to waste management were explained in János Áder’s new podcast
He talked about the most important changes related to waste management with Oszkár Világi, deputy CEO of the Mol group, and former head of state János Áder in the latest...
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’Tis the season for Chocolate. Christmas sales on the up: Euromonitor International expert
Seasonal chocolate sales are on the rise again helped by European consumers who buy and eat more chocolate than anywhere else in the world, according to a Euromonitor International industry...
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In Romania, the distribution of products containing insect meal was restricted by law
From now on, products containing insect meal that are recognized and authorized as food by the European Union may only be distributed in Romania on the separate shelves of stores,...
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No one wants to purchase Balfi
The Balfi mineral water bottling plant closed and the brand ceased to exist. The plant was shut down almost two years ago, and in the summer of 2022 the last...
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MOHU: door-to-door collection of kitchen green and food waste will start in the country from January
Door-to-door collection of kitchen green and food waste will be gradually introduced in Hungary from January, the service, which can be used on a voluntary basis, will initially affect 14...
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Magosz and the Hungarian Development Support Office concluded a cooperation agreement
On Monday, the Association of Hungarian Farmers’ Associations and Farmers’ Cooperatives (Magosz) and the Hungarian Development Promotion Office (MFOI) signed a cooperation agreement in order to increase the competitiveness of...
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AB InBev signs Lionel Messi into Michelob Ultra football contract
Lionel Messi has become a brand ambassador for AB InBev’s new Michelob Ultra contract with CONMEBOL (Confederación Sudamericana de Fútbol). The agreement, which sees CONMEBOL, the governing body for South...
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Carrefour To Enhance Store Experience For Customers With Disabilities
Carrefour has pledged to upgrade disability access services to 50 convenience stores in Paris, along with ten hypermarkets around France, by summer 2024, as it seeks to offer customers a...
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The new Agricultural Statistics Pocket Book has been published
The publication provides information on the results of agriculture, forestry and the food industry in 2022. It also ensures the comparability of time series by being connected to the data range...
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A criminal group selling drinks cheated more than one and a half billion forints in VAT
Charges were brought against the members of a criminal group selling alcoholic beverages in Kecskemét, the perpetrators avoided paying VAT with fictitious invoices for several years and thus caused HUF...
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In December, the GKI economic index rose to a nine-month high
According to a survey conducted by the GKI Gazdaságkutató – with the support of the EU – in December, the expectations of the public improved significantly and the prospects of...
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The latest issue of Trade magazine is out now!
The digital version is available with more content once again, and can be read by clicking on the front page below. Trade magazin December-January is always the longest running issue,...
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We can say goodbye to cheap meat and milk
The food industry is undergoing a global transformation, and its effects will already be felt in our everyday meals in 20-30 years. According to food policy analyst Réka Szöllősi, the...
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Big layoffs are coming at Túró Rudi
The Dutch dairy cooperative FrieslandCampina has announced that it will cut 1,800 jobs worldwide over the next two years in order to achieve savings of 200 million euros. The move...
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International Health Weeks – dm initiative for the health of employees in 14 countries
The dm concern organized international Health Weeks between October 9 and November 10 for more than 71,600 of its employees across Europe. In each of the 14 countries where dm...
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K&H: Even livestock farmers can learn about their greenhouse gas emissions
Animal husbandry is responsible for nearly one-seventh of global greenhouse gas (GHG) emissions, mainly from gases from digestion, manure treatment, forage production and energy consumption. One of the bases for...
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Pernod Ricard launches first China-made whisky
Pernod Ricard’s whisky distillery in Emeishan was opened in 2021. Pernod Ricard has released The Chuan Pure Malt Whisky, the first from the French giant to be made in China....
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Romania Launches New Deposit Return Scheme To Boost Recycling
A new programme aiming to boost the recycling and collection of seven billion drink containers has kicked off in Romania. This new deposit return system (DRS) seeks to promote separate...
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With a disruptive retail concept, online supermarket Rohlik moves into Europe
With a proposition that clearly differentiates itself from both flash deliverers and traditional online supermarkets, Rohlik aims to be a disruptor in European food retail, says founder and CEO Tomáš...
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Emissions of animals and animal products increased by 10.4 percent
According to the results of the MSZR’s first forecast, in 2023, the value of total agriculture at the current price was 6.5 percent higher than 2022. Production costs increased by...
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GKI Gazdaságkutató Zrt. 2023/4. forecast for 2023-24
By the fall of 2023, the Hungarian economy has passed the most difficult stage of the crisis caused by the domestic distribution before the 2022 parliamentary elections and the global...
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EY: The climate goals have already been broken by high inflation – international research
Companies have dramatically scaled back their climate protection goals as a result of high inflation and geopolitical tensions. Companies are slowing down their sustainability initiatives despite the fact that they...
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Novelties and maximum fines in the practice of the GVH
As of September 1, 2023, the maximum amount of the fine that can be imposed by the GVH has increased – it was said, among other things, at the business...
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