Market News
Continuous development at the MÁV-Volán Group to support bicycle tourism
Bicycle transportation on MÁV flights increased by 40 percent in three years, last year 1.2 million tickets were exchanged for this purpose; the services will continue to expand this year,...
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The balance of the spring 2023 seasonal food chain inspection has been completed
The spring 2023 seasonal food chain inspection ended with mixed results: compared to last year, the number of hygiene deficiencies decreased, but at the same time, in order to protect...
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The number of subsidized producer groups continued to increase
The priority goal of the Ministry of Agriculture is to facilitate the adaptation of the production and performance of recognized producer groups to market requirements, as well as the joint...
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Rotterdam Says Port Traffic Drops Slightly As Inflation Weighs
Throughput in the port of Rotterdam, Europe’s largest sea port, fell 1.5% in the first quarter as high inflation slowed down container traffic, the port’s operator has said. “Especially in...
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‘World first’ powdered beer eyes launch with two brews
German brewer Klosterbräuerei Neuzelle has unveiled what it claims is the world’s first powdered beer. Following two years’ development work, the supplier has produced prototypes of two 0.0% abv brews...
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Walmart+ offering 20K free memberships for Mother’s Day promotion
Walmart plans to give away 20,000 Walmart+ memberships to new moms next month ahead of Mother’s Day. The promotion is in partnership with the Pampers hospital gift bag program. Starting...
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Minister of Agriculture: We will maintain the ban on the import of grain from Ukraine
Although no decision was made at the meeting of the EU agricultural council on the elimination of the internal market crisis in the European Union caused by Ukrainian grain, the...
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Print media has the third biggest slice of the media cake
According to data from the Hungarian Advertising Association (MRSZ), in 2022 the size of the so-called media cake was HUF 316.3bn, having increased by 3.7% from the previous year. Digital...
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Body odour free zone
This article is available for reading in Trade magazin 2023/5 Like-for like value sales augmented by 22.5% in the deodorant market in 2022, and volume sales increased by 2.2%. Mariann...
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Laundry detergent brand Persil puts accessible QR codes on packaging
Laundry detergent brand Persil has placed so-called AQR codes on certain product packagings, in an attempt to improve accessibility for consumers. Unilever wants to add the codes to the full...
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Government backs the creation of online price monitoring system
Csaba Balázs Rigó, president of the Hungarian Competition Authority (GVH) has initiated the creation of a price watch system in the food sector. Minister for Economic Development Márton Nagy expressed...
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Mastercard and Kifli.hu to plant trees in regional cooperation
Online supermarket Kifli.hu launches a campaign for the third time in Hungary, supporting the objective of the Mastercard Priceless Planet Coalition: planting 100 million trees. Customers of the Rohlik Group...
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PENNY and Munch: together against food waste
PENNY joined the Munch food saving platform on 17 April 2023: in two Budapest stores, shoppers can choose from three types of food boxes. This article is available for reading...
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Sustainable Mastercard payment cards
Mastercard has announced that it is speeding up its efforts to remove first-use PVC plastics from payment cards in its network by 2028. This article is available for reading in...
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Vajda-Papír to become carbon neutral by 2050
In the last 10 years Hungary’s leading hygiene paper manufacturer, Vajda-Papír, spent HUF 40bn on making production more eco-friendly and sustainable. This article is available for reading in Trade magazin...
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A new generation of cleaners?
As the financial advisor in RTL’s business television show Among Sharks, K&H rewarded Cleanspire with a HUF 1m mentor programme for their innovative solutions to replace cleaners marketed in a...
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Winners get their Startup PlasticSurgery awards
For the third time, the 4-month Startup PlasticSurgery programme has been organised. This article is available for reading in Trade magazin 2023/5 The programme seeks to help start-ups that offer...
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Stella McCartney makes “first ever” garment with plant-based sequins
Stella McCartney has designed a garment made from plastic-free, plant-based sequins: the sleeveless Biosequin® jumpsuit has made its debut on the cover of American Vogue. This article is available for...
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K&H sustainability index: still few companies prepare a strategy
Since 2022 K&H Bank has been conducting a sustainability survey in Hungary twice a year. This article is available for reading in Trade magazin 2023/5 They had interviewed 360 medium-sized...
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Henkel’s sustainability results
This article is available for reading in Trade magazin 2023/5 Henkel has published its 32nd Sustainability Report. The company reduced its CO2 emissions by 55% (per tonne of product), and it...
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Germany: no more surcharge for vegan milk in Starbucks
In German Starbucks units coffee lovers will no longer have to pay an extra when ordering a latte made with vegan milk. This article is available for reading in Trade...
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NotMayo: Kraft Heinz and NotCo roll out plant-based mayonnaise in the USA
NotMayo is the name of a new plant-based mayonnaise launched by Kraft Heinz’s joint venture with NotCo, which debuted in the USA this March. The product is made with chickpea flour,...
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Meat, eggs and milk essential source of nutrients especially for most vulnerable groups, new FAO report says
Meat, eggs and milk offer crucial sources of much-needed nutrients which cannot easily be obtained from plant-based foods, a new report issued today by the Food and Agriculture Organization of...
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EY: Businesses around the world expect more and more tax audits
The majority of those surveyed (51%) expect more and more intensive investigations by tax authorities in the coming period, and based on their expectations (53%) the offices will pay special...
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Four Premio Sooós Pasta products have been awarded gold status
Among Soós Tészta Kft.’s 8-egg dry pastas, four Premio products have received recognition as a guarantee of high quality. Premio Soós Tészta’s 200 g dry pasta with 8-egg puffed noodles,...
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Uniform but unique
Dina Meindl, managing director of membership services at Shop Association introduced the revamped central website, the Shop! Central platform and the Let’s Talk Shop! video roundtable discussion series. Building on...
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Wizz Air is investing in the production of biofuel
Wizz Air is investing 5 million pounds (more than HUF 2.1 billion) in the production of biofuel, from which it can meet the needs of its bases operating in the...
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Price wave hits toilet papers too
Innovations catered to consumer needs Value sales of toilet paper grew by 36% from 2021 to 2022, but volume sales were down 4 %. While moist toilet tissue sales increased...
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Focus group research: there is no deep recession yet, the market is just “reorganizing” itself
According to experts, the construction industry, which was “diluted” due to the decrease in the desire to invest, is now returning to normality, according to Wavin’s recent focus group research....
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ProVeg welcomes Aldi Süd’s commitment to plant-based products
ProVeg, an organisation promoting the use of plant-based products over animal-based alternatives, has welcomed Aldi Süd’s plan to expand its plant-based product selection in German stores to 1,000 products by the...
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