Market News

A device developed in Hungary helps to slow down the spread of the Asian horse wasp in Hungary

A Hungarian-developed tool helps to slow down the domestic spread of the Asian horse wasp: this summer, individuals of the invasive wasp species coming from Europe were observed in Hungary...

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Mid Europa Partners Seeks Buyer For Romania’s Profi

Private equity firm Mid Europa Partners is reportedly looking to sell the Romanian retail chain Profi for €1 billion. The firm has hired investment bank Citi to find a buyer,...

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Consumers Are More Accepting of Ultra-Processed Foods if They Contain Healthier, More Nutritious Ingredients: Ayana Bio

More than half of Americans (57%) believe ultra-processed foods have a negative impact on health. But two-thirds would eat more and even pay more for ultra-processed foods that contain more...

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The Hungarian agriculture and food industry may face a rebirth

The Hungarian agriculture and food industry could be on the verge of rebirth if it manages to find good answers to the challenges defining the 21st century – said the...

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Nestlé to cut jobs at Swiss food factory

The Swiss giant is investing SFr6.5m ($7.2m) to re-focus its Wangen facility. Nestlé is set to cut 90 jobs at a facility in Switzerland as it “realigns” to producing two food...

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The average producer price of raw milk fell by 20 percent in one year

In August 2023, the producer price of raw milk in national currency decreased by 17 percent in the European Union, by 18 percent in the USA, and by 27 percent...

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Surprising prediction: by 2050, there will be one hundred million vegetarians in Europe

More and more companies are recognizing the change in consumer needs worldwide. Regarding dietary habits, drastic changes have occurred in recent years, which have not only reshaped the market, but...

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According to OPTEN, facilitating corporate transformation is a key issue

The BCSDH (Hungarian Business Council for Sustainable Development) presented the 2023 “Sustainable Future” awards. In connection with sustainability, we can increasingly come across the term ESG, which is an abbreviation...

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A Hungarian innovation made its debut at the world’s leading tech exhibition

The world’s largest technology and startup exhibition, Gitex Global, is being held these days. The HEPA Hungarian Export Development Agency, which promotes the successful entry of domestic companies into foreign...

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Zöldséget és gyümölcsöt mentő csomagokat kínál a Lidl Olaszországban is

A Lidl Italia is elindította élelmiszermentő projektjét, amelynek keretében a vásárlók kedvezményes áron juthatnak hozzá az olyan, külön zacskókba rendezett gyümölcsökhöz és zöldségekhez, amelyek az esztétikai előírásoknak nem felelnek meg,...

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Koalíció alakítását fontolgatják a növényi alapú élelmiszerek gyártói

Az erőfeszítések és erőforrások egyesítésével létrejöhet a „Got Milk” húsmentes változata is. A cikk a Trade magazin 2023/10. lapszámában olvasható. Az Egyesült Államokban a növényi alapú húsok gyártói – akik...

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“Anonymous fear” is the greatest enemy of Hungarian and Central European youth

The National Youth Council presented the second, English-language publication of its professional book series entitled “Our unknown friends – the young people”, launched in 2022, during the European Year of...

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„Bőrgyógyász és kozmetikus” a fürdőszobapolcon

Az arcápolási kategóriában jelentős mértékű növekedés történt az elmúlt időszakban, ami leginkább a COVID alatti lezárások ideje alatt berobbanó trendnek, az otthoni, tudatos bőrápolásnak köszönhető. Arcbőrünk ápolása már korántsem egy...

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The AutoWallis Group is launching its own branded mobility service under the name Wigo

The AutoWallis Group is introducing a new brand and launching its first own-brand mobility service under the name wigo. The first service of AutoWallis under the new brand name is...

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Another step towards the realization of a circular economy

The development of the Jáger group is another step towards the realization of a circular economy – said the Minister of Agriculture at the handover of the KPE pipe production...

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Inflation in the Eurozone decreases significantly

As Eurostat announced after a second estimate, inflation in the Eurozone weakened significantly in September. While food and luxury goods were the strongest price drivers, energy prices continued to decline...

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Absolut Vodka and Coke’s Sprite to combine in canned cocktail

Absolut Vodka and lemonade drinkers will soon be able to sip their preferred cocktail from a can, after drinks makers Pernod Ricard and Coca-Cola agreed to a pre-mixed version made from the...

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Bluetongue has appeared in several European Union countries

The bluetongue epidemic broke out in the Netherlands in September 2023. At the beginning of October, Germany and Belgium, among the previously exempt member states, announced the appearance of the disease...

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Carrefour Polska To Offer Personalised Bouquets At Warsaw Store

Shoppers at the Carrefour store in Westfield Arkadia shopping centre in Warsaw can now avail of the services of a professional florist for personalised bouquets and customised flower arrangements. Carrefour...

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Agrometeorology: autumn sowing needs more and more precipitation

Autumn sowing would need more and more precipitation, and even though moist air will flow into the Carpathian basin in the coming days, the distribution of precipitation will not be...

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Annual inflation in e-commerce is already in the single digits

In all the main categories of the most popular products sold in online trade, price changes below the official consumer price index have taken place over the past 12 months,...

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Food prices are rising more slowly in the euro area and the EU

In September, the annual rate of inflation moderated both in the euro area and in the European Union – the statistical office of the European Union, Eurostat, announced on Wednesday...

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The composted bags disappeared in half a year in the investigation of Humus and Greenpeace

After six months, the shopping bags disappeared in the composting experiment of the Humus Association and Greenpeace Hungary, in which they investigated whether the decomposable bags of grocery stores would...

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MediaMarkt announces a national photo competition

This is the 8th time that MediaMarkt is organizing a national photo competition. Once again, you can enter the competition in 5 categories, four of which will be pre-defined and...

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Lithuania’s IKI expands autonomous home delivery partnership

Lithuania retailer IKI is extending its autonomous delivery service to new districts of the capital city Vilnius. For the past month, three autonomous vehicles have been delivering products bought via...

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The gluten-free breads and pastries of the year were awarded

In connection with the Magyarok Kenyere program, the gluten-free bread and pastry competition was organized for the second time this year by the Association of Hungarian Farmers’ Cooperatives and Farmers’...

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Innovation is also key in the food industry

The role of innovation in the food industry is also becoming more and more important, encouraging it will be an important task in the next period, Hungarian manufacturers can apply...

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An expanding world of rum

Az átlagfogyasztó szempontjából a magyar rumpiacot alapvetően néhány erős márka határozza meg, a premiumizáció viszont gyors ütemben gazdagítja a termékválasztékot. A cikk a Trade magazin 2023/10. lapszámában olvasható. Kelet-Európába a trendek...

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Bill Gates szerint „a jövő növényi alapú”

A Microsoft egykori főnöke, Bill Gates a növényi alapú hús etikai és környezetvédelmi előnyeit üdvözölte legújabb podcast-beszélgetésében. A cikk a Trade magazin 2023/10. lapszámában olvasható. Bill Gates nemrégiben a Grammy-díjas...

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The next generation of shoppers is ready for AI, AR and robots

The next generation of shoppers prefers real shopping to virtual reality, but wants technological innovation to enhance the shopping experience: 81% of Gen Z and Millennials expect augmented reality (AR)...

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