Market News
The domestic commercial practice is fundamentally changing, the eReceipt is coming
With a single QR code, we can not only receive a receipt, but also request an invoice, present our loyalty card and redeem our coupons. These are just some of...
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Hungarian Tomato Day returns to Mórahalom in June
On 2 June, once again Mórahalom hosts the Hungarian Tomato Day. This article is available for reading in Trade magazin 2023/6-7. At the free trade event experts discuss the most...
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Glósz és Társa: intellectual asset management is becoming more important
Hungarian SMEs are starting to realize the importance of intellectual assets and the benefits of managing them well. This is especially important in the field of research and development, as...
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Kraft Heinz develops customisable sauce dispenser
Kraft Heinz Co. has developed a digital sauce dispenser, which consumers can use to create their own sauce combinations. The freestanding touchscreen-operated device allows users to choose from more than...
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Starbucks names over 3,500 “Greener Stores” globally
Starbucks has certified 3,508 of its eco-friendly Greener Stores worldwide, by this expanding the programme to 20 regions as part of its strategy to speed up progress towards what it...
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Sewage sludge can improve the condition of the soil
Due to poor agricultural practices and climate change, soil is deteriorating at an accelerating rate worldwide, which natural processes cannot offset. Instead of artificial fertilizers, however, the use of sewage...
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New technology supports data-based electronic invoicing
The National Tax and Customs Administration has taken a big step to support the spread of data-based electronic invoicing. The long-awaited invoice visualization tool is ready, with which you can...
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The food industry is a national strategic sector
We managed to put inflation, which had risen high due to the war and sanctions, onto a downward path, and we aimed for a further strong decrease, said Dr. Márton...
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Sándor Czomba: 26-27 thousand students are expected to participate in this year’s Summer Student Work program
This year, the Ministry of Economic Development expects the participation of about 26,000-27,000 students in the Summer Student Work Program, for which the government has provided HUF 3.5 billion in...
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The land sale program continues
As we have already announced, it is possible to bid at the auctions for land with an area of more than 10 hectares between June 22 and July 14, 2023,...
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Ireland to label alcoholic drinks with detailed health warnings
Ireland has passed legislation that will require for alcoholic drinks products to feature comprehensive health warnings. The new legislation, signed into law by health minister Stephen Donnelly on Monday (22...
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Unilever’s Vegetarian Butcher Unveils New Vegan Bacon With Patented Fat Technology
Unilever’s plant-based meat brand The Vegetarian Butcher (TVB) has launched plant-based bacon, “NoBacon 2.0”, which it says features a new patented fat tissue technology that mimics the same texture, oil...
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The period for submitting a single application has been successfully completed
Farmers submitted almost 165,000 uniform applications for the 52 agricultural support titles announced on the basis of the new EU rules, requesting support for approximately 5 million hectares of land,...
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GVH: the court approved the competition authority fine imposed on the distributors of Brightwhite tooth whitening
The Metropolitan Court confirmed last year’s decision of the Economic Competition Authority (GVH), in which it imposed a HUF 22 million fine on two companies in the case of Brighwhite,...
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Trust in supermarkets plunges to nine-year low
Trust in the food industry has plummeted as two thirds of consumers believe supermarkets are “ripping people off” with high convenience store prices, new research by Which? shows. According to...
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A smaller harvest of cherries is also expected due to the spring frost
There are far fewer cherries than average this year, the spring frosts took 40-50% of the crop, and due to the heavy rains of the past few weeks, many ripe...
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EY: It’s getting more expensive to live, many think it will get even worse
People around the world are worried about the rising cost of living, and many fear that the economic situation will get even worse, according to EY’s international survey of 21,000...
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Half of young consumers consider it acceptable to buy counterfeit products
80 percent of Europeans agree that counterfeits help criminal organizations and destroy businesses and jobs. Two out of three also believe that counterfeits pose a threat to health, safety and...
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Internet fraudsters misuse the name of the Food Bank
Since Monday, fraudsters have been sending e-mails in the name of the Magyar Élelmiszerbank Egyesület with the aim of obtaining money from unsuspecting recipients. In the messages, durable foods from...
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Food prices continue to be the main driver of inflation in Germany
In Germany, inflation continued to slow down in May, according to the final data of the Federal Statistical Office (Destatis) presented on Tuesday. Consumer prices increased by 6.1 percent year-on-year...
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Inflation in Spain fell to a 22-month low in May
The annual growth rate of consumer prices in Spain slowed to a 22-month low of 3.2 percent in May from 4.1 percent in the previous month, according to the final...
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Inflation in the United States slowed more than expected in May
Inflation in the United States slowed more than expected in May. The U.S. Bureau of Labor Statistics, U.S. The Bureau of Labor Statistics said on Wednesday that consumer price inflation...
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Johnnie Walker walks hand in hand with MyForest towards a greener future
Johnnie Walker, as part of its commitment to reducing its carbon footprint and protecting the natural resources used to make its award-winning whiskeys, is removing the gift box from some...
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REWE delivers with electric truck fleet in Berlin
German supermarket chain REWE is collaborating with Swedish freight technology company Einride to deliver goods to its supermarkets in Berlin. REWE plans to buy another four electric trucks this year...
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Arla adopts new method for recycling plastic waste
Dairy company Arla has joined forces with German packaging firm Südpack, to develop a new method for recycling plastic waste, by this breathing new life into packaging that otherwise would have...
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Hungarian name on this year’s V-Label Food Heroes list
This article is available for reading in Trade magazin 2023/6-7. Zoltán Tóth-Czifra, the founder and CEO of Barcelona-based Real Deal Milk – winner of “Start-up of the Year” in Catalonia...
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Application of the preparation at field level within the framework of AÖP support
In the AÖP, in the case of all exercises related to the use of substances, the rules of the regulation state that the preparation must be distributed in accordance with...
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The majority of student workers are employed in trade, catering and agriculture
This summer season, based on estimates, 100,000 students nationwide can take up jobs in a number of fields, from commerce to catering to industry and agriculture – the Meló-Students school...
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The road to the KMÉ trademark has also been opened for fruit syrups
From now on, high-quality fruit syrups are also eligible for the KMÉ trademark. Applicants must meet strict requirements for the raw material and other usable ingredients, as well as for...
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Taurine ‘may slow ageing process’
Taurine – a commonly found ingredient in energy drinks and food supplements – could be the secret to a long and healthy life. At least, that’s according to a study that...
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