Market News

The Munch application against food waste is becoming more and more popular

A large quantity of valuable food goes to waste or ends up in landfills worldwide. Approximately 87.6 million tons of food is wasted annually in the EU alone. This is...

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Almost half of Hungarian Generation Z youth would take up a job abroad

Despite the economic slowdown, the Hungarian labor market is still tight, the unemployment rate was 3.9% in April, which is considered low. The Hungarian economy is still short of workers....

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Offering a stable vision for the future to retail partners

Our magazine sat down for a conversation with Zsófia Bánhegyi, chief commercial officer of Szerencsejáték Zrt. This article is available for reading in Trade magazin 2023/6-7. – How did the...

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The Ministry of Economic Development draws attention to the rules of student work

The Ministry of Economic Development’s announcement on Monday draws attention to the regulations regarding the work of students. According to the Labor Code, the general rule is that anyone over...

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Tesco scraps two billion pieces of plastic from its business

Tesco has announced that it has removed more than two billion pieces of plastic from its UK business since the launch of its 4R – Remove, Reduce, Re-use, Recycle –...

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No concrete plans for TikTok Shop in continental Europe

TikTok Shop has been launched in parts of Asia, followed by expansions in the United Kingdom and the United States. However, there are currently no plans for a launch in...

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About two-thirds of the unified applications were submitted by farmers this year with the help of the National Chamber of Agrarian Economy

The village farmers of the National Chamber of Agrarian Economy (NAK) actively contributed to the submission of uniform applications this year. More than 65 percent of the 164,603 applications submitted...

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Aldi Nord Commences Self-Scan Tests Via Smartphone

Discounter Aldi Nord has commenced testing self-scanning via smartphone in one of its stores in the Netherlands, Retail Optimiser has reported. At the Aldi store in Berkel-Enschot near Tilburg, customers...

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PepsiCo to invest $72 million in Britain’s Walkers factory

PepsiCo Inc  said it would invest 58 million pounds ($72 million) to boost potato crisp, or chips, manufacturing at its Walkers factory in Leicester, in what represents the consumer goods...

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A Bulgarian driver crashed on the M5 with hidden conterfeit drinks

The Bulgarian driver who transported hundreds of liters of alcohol on the flatbed of his truck was trying to get from Bulgaria to Belgium, but the tax inspectors of the...

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Feel free to eat local fruits

The responsible and conscious decision in all areas is to consume seasonal, i.e., domestic fruit harvested at the time of natural ripening, said Minister of Agriculture István Nagy. The head...

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The lastest issue of Trade magazin is out now!

You can read in detail about this year’s FMCG Retailer Ranking, the annual reviews of the companies on the list, the summaries of market researchers, and the accompanying analyses from...

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István Nagy: the positive effects of mandatory store promotions are already visible

Although it has only been in effect for a short time, since it was introduced on June 1, the very positive results of the mandatory store promotions are already visible...

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AMC: Hungarian food manufacturers can find new sales opportunities in Transylvania

The ten Hungarian food producers who presented themselves at a two-day meeting to the buyers and distributors of the relevant food chains in Székelyföld can get new sales opportunities in...

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CSAOSZ: here is the evaluation of the level of the EPR fee items, in the light of the items of the environmental protection product fee

In the 81st issue of the Magyar Közlöny, published on June 2, 2023, the ministerial decree determining the fees for extended producer responsibility was released with a two-day delay compared...

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NAV collected more taxes than expected in 2022

The National Tax and Customs Administration has published its yearbook summarizing the most important tax authority events and statistics of the year 2022. It reveals, among other things, the amount...

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Due to the increase in procurement costs, the importance of mechanical labor in agriculture has increased

The importance of machine contract labor in agriculture has increased after 63 percent of farmers indicated that they had to postpone their planned machine purchase in the past year due...

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The new sow farm of the Hunland Group was handed over

The “fire-hardened alliance” of farmers and the government and the support of young farmers remain; there will be a support for start-up farmers with 40 thousand euros and a support...

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NAK and PENNY have installed beds in schools and kindergartens

The National Chamber of Agricultural Economy (NAK), in cooperation with PENNY, installed raised beds in eight or eight elementary schools and kindergartens in Veszprém, as well as in the school...

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Another two thousand beekeepers will receive support in the bee animal welfare program

The “Bee Animal Welfare Support” tender published within the framework of the Rural Development Program will provide assistance to almost two thousand beekeepers in the amount of HUF 2.7 billion,...

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General Mills is bringing Häagen-Dazs to the yogurt aisle

The Häagen-Dazs ice cream brand is entering the yogurt aisle with the debut of Häagen-Dazs Cultured Crème. Häagen-Dazs Cultured Crème is slow crafted, utilizing a fermentation process that is up...

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The rules for keeping the management diary have changed

In the case of several calls for tenders previously published within the framework of the Rural Development Program, the rules related to the management of the management diary have been...

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Auchan To Start Franchising Supermarkets In France

French food retailer Auchan is planning to sell seven of its stores in France to franchisees, adding that it plans to increasingly rely on this store operating model in the...

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Swiss ecommerce faces shortage warehouse locations

Online retailers in Switzerland are facing a shortage of suitable logistics locations within the country. They are outsourcing warehousing or seeking solutions across the border, according to the Swiss Handelszeitung....

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Animal keepers and their software developers, attention! An interface is being prepared for the electronic submission of antibiotic use data

Nébih will soon enable the electronic submission of antibiotic usage data via an interface. Thanks to the development, users can submit data directly from the livestock farm software. Plant management...

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Márton Nagy: For the first time since November 2020, inflation has decreased “visible” on a monthly basis

Inflation decreased noticeably on a monthly basis for the first time since November 2020, according to the data released by the Central Statistical Office (KSH), as highlighted by Minister of...

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KSH: in May, prices increased by 21.5 percent compared to the same month of the previous year

In May, consumer prices on average exceeded the previous year’s levels by 21.5 percent. Household energy and food prices saw the highest increases over the past year, according to the...

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308 million euros surplus in foreign trade

The foreign trade surplus exceeded expectations, reaching an additional €308 million in April, partly due to a decrease in energy prices. Reflecting weak industrial data in April, the growth of...

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GVH held an international conference on green competition policy aspects

The Economic Competition Office (GVH) hosted an international conference on the consideration of sustainability aspects in competition law analyses. The GVH has dealt with the topic of sustainability several times...

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Beverage packaging: the era of fixed caps is coming

In July 2024, the EU regulation will enter into force, which stipulates that the cap must be fixed on plastic bottles or fruit juice boxes for environmental reasons. So far,...

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