Market News
More and more people are taking small loans
The number of personal loans is increasing, but their average amount is decreasing. Customers exchange their previous current account, credit card and merchandise loans for personal loans. More and more...
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British retail is hoping for an extra income of one and a half billion pounds during the coronation weekend
British retail trade is hoping for almost one and a half billion pounds in extra income. During the coronation weekend of King Charles. Charles, whose mother, II. Queen Elizabeth has...
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The Hungarian countryside is on a growth path
The vision of the Hungarian government is that farming and food industry production should be a profitable and socially recognized occupation in the long term – said Minister of Agriculture...
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Polish Minister of Agriculture: grain corresponding to ten percent of last year’s harvest flowed in from Ukraine
About 3.5 million tons of grain, or ten percent of last year’s Polish harvest, flowed from Ukraine to Poland, Polish Minister of Agriculture and Rural Development Robert Telus announced on...
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Carrefour to open virtual store on Rakuten marketplace
In April Carrefour opens a virtual store on the Rakuten marketplace, in a partnership that will make it possible for the two players to “strengthen their omnichannel strategies and customer...
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Before and after the high season
Like-for-like household paper product sales augmented by 32.4% in value in 2022, but volume sales dropped 10% from the 2021 level. Value sales were up 40.2% in the facial tissue...
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TotalEnergies partners with Canada’s Alimentation Couche-Tard
For four European countries, TotalEnergies has entered into a partnership with Canadian retailer Alimentation Couche-Tard. As part of the deal, Total Energies will cooperate with Couche-Tard in Belgium and Luxembourg, and it...
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Optimizing energy use is a key issue in agriculture
The optimization of production processes and energy use in agriculture has become a key issue in the recent period, which requires capital, but pays off, which is why supporting this...
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The company mobile phone can also be used as a bank card accepting terminal
Since 2021, it is mandatory to provide electronic payment options for businesses with online cash registers, so the number of bank card terminals has doubled in the last 3 years:...
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Nestlé To Test New Satellite Technology For Reforestation Projects
Food giant Nestlé has announced that it is commencing a pilot for Airbus’s new Pléiades Neo satellites to monitor its reforestation efforts. Nestlé will use the high-resolution images generated by...
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The future of Hungarian agriculture lies in agricultural vocational training
Farming is not just a job, but a way of life – declared Sándor Farkas, Deputy Minister of the Ministry of Agriculture, III Agricultural Training Institutes, organized within the framework...
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Aldi details big U.S. expansion plans for 2023
Aldi continues to live up to its reputation as the nation’s fastest-growing grocer. The discount grocer will open 120 new stores this year, giving it a total of more than...
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Australia To Ban Recreational Vaping In E-Cigarette Crackdown
Australia has banned recreational vaping and tightened other aspects of e-cigarette laws in the biggest crackdown on the tobacco industry in more than a decade to try to stop a...
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Hungarian agriculture is sustainable
Hungarian agriculture is sustainable, thanks to innovative enterprises that work to create a circular economy through their developments – said Minister of Agriculture István Nagy on Friday at the handover...
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Information on the submission of payment requests for winemaking investments
The coronavirus pandemic and the ongoing Russian-Ukrainian war have caused a significant shortage of spare parts and raw materials in the machinery industry. Due to these problems, producers involved in...
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The food bank card for needy families emerged as an alternative
MSZP would give 300,000 needy families food bank cards for HUF 20,000 per month. Lajos Korózs, the vice president of the opposition party, said at a press conference broadcast on...
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Alpár Gyopáros: the government subsidized village convenience stores with approximately HUF 60 billion
The government has provided HUF 50 billion for the infrastructural development of village small shops, and another HUF 8 billion for their operational support in the Hungarian village program, the...
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A wide selection of plant-based cheese alternatives is now available here as well
Every third of our compatriots follows a special diet, i.e. vegetarian, dairy-free, and the vast majority are increasingly aware that the people involved choose gluten- or lactose-free food not for...
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Hungarian product origin is important for consumers, but Hungarian Product doesn’t slow down even if survey results are good
Every Hungarian shopper shares the view that a large selection of Hungarian products should be available in stores – revealed an online survey by Hungarian Product, conducted at the end...
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Nébih: distributors recalled products advertised as gluten-free
The distributors decided to recall three taller-type products advertised as gluten-free because they contain gluten, the National Food Chain Safety Office (Nébih) informed MTI on Thursday. One of the product...
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Grain growers are confident in a good harvest
Hungarian grain growers are confident of a good harvest, their herds are developing nicely – said the president of the National Association of Grain Growers when asked by MTI. Tamás...
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Zsendülés conference in Szeged – Organisation, efficiency and cooperation are the future of horticulture
On 2 March about 250 representatives of the horticulture sector gathered for the 8th Zsendülés conference in Szeged. This article is available for reading in Trade magazin 2023/5 The first speaker...
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Lidl produced the biggest growth in Portuguese retail in 2022
Sonae and Jerónimo Martins ended 2022 as the biggest players in Portuguese grocery retail, but Lidl produced the biggest growth – according to the latest data from Kantar. MC Sonae’s...
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K&H: what are honeysuckle and oil radishes looking for in a bank?
The maintenance of natural diversity and the sustainability of plant cultivation are both supported by the initiative of the K&H Group, which provides green seeds in addition to the new...
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Iceland and Just Eat join forces for rapid delivery service
Just Eat Takeaway has entered into a new partnership with frozen food retailer Iceland, to offer 30-minute grocery delivery in the United Kingdom. The service is going to launch at...
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Representatives of FAO’s European and Central Asian member countries are holding a conference in Hungary
On May 4-5, 2023, Hungary will host the Informal Regional Consultation of the UN’s largest specialized organization, the Food and Agriculture Organization (FAO), for the eighth time, which will be...
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A third of workers left companies last year
This is a slight increase compared to the fluctuation data of a year earlier. The emigration of white-collar workers rose to a historic level, at 19 percent. Fluctuation decreased only...
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Unilever Reports Double-Digit Sales Growth Amid Price Rises
Unilever beat its sales forecasts for the first quarter as another big rise in prices from the consumer goods firm triggered only a small dip in volumes. Unilever reported a...
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Secretary of State for Agriculture: the government views agriculture as a strategic sector
The foundations of Hungarian agriculture are stable, the measures of the past 13 years have made it clear that the government views Hungarian agriculture as a strategic sector – the...
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France’s Le Maire wants to break food price inflation “spiral” by autumn
Finance Minister Bruno Le Maire said on May 3 that he would meet with retailers and suppliers next week to discuss ways to break the food price inflation “spiral” by...
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