Market News

Food Safety, Hygiene Concerns Lessen as Consumers Shift Toward Sustainable Packaging: McKinsey

Consumers are coming out of the pandemic with a renewed focus on sustainability, according to a new report from McKinsey based on a survey of consumers across 11 countries. It’s...

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The rainy summer was favorable for domestic apple orchards

The domestic apple producers can count on a good harvest this year, after last year’s severe drought damage, for the time being it seems that there will be something to...

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Delhaize And Carrefour Lower Prices In Belgium

Two leading supermarket chains in Belgium, Delhaize and Carrefour, have announced plans to offer discounts on hundreds of products. In ads published in all major Belgian newspapers, Delhaize announced that...

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The war is a market risk for Hungarian agriculture

The Russian-Ukrainian war and its consequences interrupted the market and production security of agricultural production, which had strengthened in the last decade, moreover, it led to sales uncertainties and an...

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Farmers will receive further financial assistance

In order to deal with the grain crisis in Ukraine caused by the war, the government has decided on a new interest subsidy program, Minister of Agriculture István Nagy announced...

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Plant-based diet leads to a longer and healthier life

According to a study by the Harvard T.H. Chan School of Public Health, following a plant-based diet not only extends the longevity of our planet, but can also contribute to...

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Hungarians can still avoid shops for many months

According to Péter Virovácz, senior analyst at ING Bank, although real wages are increasing again in Hungary, the population continues to spend cautiously due to the current inflationary environment. Analysts...

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AMC launched its melon consumption incentive campaign, the season can last until the end of September

The melon season is roaring, what’s more, today the old saying about Lőrinc’s day, which used to mean the end of the season around the middle of August, is no...

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Márton Nagy is satisfied with the decrease in inflation

According to KSH data, the gross average salary rose to HUF 566,800 in June 2023, so the average wage increased by HUF 78,000, or 16.0 percent, in one year. With...

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Máté Lóga: another help for agricultural enterprises

In the difficult economic situation affected by war and sanctions, agriculture is a particularly important sector both from the point of view of the national economy and food security, and...

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KSH: Gross average earnings increased compared to last year

In June of this year, the gross average earnings of full-time employees was HUF 566,800, and the net average earnings, calculated taking discounts into account, was HUF 390,900. The gross...

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Water restrictions have been ordered in several parts of Italy due to the drought caused by the heat wave

Temperatures are still around forty degrees in the central and northern parts of Italy, and due to the extreme drought, water restrictions have been introduced in Liguria and Sicily as...

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Choosing a Hungarian product guarantees quality and safety

Hungarian producers benefit from customer awareness, but this needs to be reinforced with attitude-shaping campaigns and trademarks. It is important to know that if you “choose a Hungarian product, you are...

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Carlsberg Sverige Invests In Electric Trucks

Carlsberg Sverige has invested in a sustainable transport solution for southern and western Sweden with the freight mobility company Einride, as the brewer seeks to progress towards its goal of...

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New private label products from Rossmann

Rossmann is in the middle of launching more than 500 new private label (PL) products. This article is available for reading in Trade magazin 2023/8-9. “In terms of total sales...

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Sport bar celebrates 70 years

Hungary’s market leader chocolate bar, Sport, has been hugely popular for 70 years now. This article is available for reading in Trade magazin 2023/8-9. At the debut, the packaging of...

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Gergely Gulyás: Hungary proposes to extend the EU import ban on Ukrainian grain products

Hungary proposes that the European Union extend the ban on the import of Ukrainian grain products, which expires on September 15, the minister in charge of the Prime Minister’s Office...

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The pitfalls of fleet greening can be overcome, according to KPMG experts

With the spread of alternative forms of transport, the topic of e-mobility is increasingly coming to the fore in company ranks as well. One of the key elements in achieving...

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Business Golf: starting the summer with a traditional social event

In mid-June the Business Golf Championship was organised for the 21st time, with the Greenfield Hotel Golf & Spa in Bükfürdő as the venue of the social event, where nearly This...

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First Rossmann store with a shop-in-shop concept opens

Rossmann has opened its first shop-in-shop in the Tesco store on Fogarasi Road. The new concept means that the shop isn’t located in the outside aisle, but in the unused...

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Borzag pálinka has received EU geographical indication protection

The European Commission has approved that Borzag pálinka can be added to the EU list of protected spirit products as a new protected geographical indication (PGI), the Brussels body informed...

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A campaign to promote the consumption of mushrooms is launched with the co-financing of the European Union

With the slogan “European mushroom, the hidden gem”, the European Mushroom Growers Promo Group (GEPC Promo) is launching a campaign to promote mushroom consumption with the co-financing of the European...

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Auchan integrates entire communication with new manager

From September Hajnalka Széll is the head of Auchan Magyarország’s entire communication, which will make possible a more coordinated and integrated implementation than ever before. Auchan’s marketing and customer relations...

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Getir to make 10% of staff redundant as it axes 2,500 jobs

Getir is to make more than 10% of its global team redundant as it looks to make operational efficiencies. The job cuts come amid waning demand in the speedy groceries...

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GVH satisfied with the launch of the price monitoring system

Since 1 July the price of monitored food products has decreased by nearly 7% on average, thanks to the online price monitor, which could have a 1.8 percentage point mitigating...

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Lidl simplifies store concept in Belgium

Lidl is planning to simplify its store concept in Belgium, with the aim of ensuring that all 310 stores in the country have the same layout. It follows a similar...

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Agrometeorology: a good crop of corn is promised in many places

There is still moisture in the soil, and corn likes heat, so it promises a good harvest in many places, the National Meteorological Service wrote in its agrometeorological analysis on...

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Logistics training can start in Nyíregyháza

In addition to Debrecen, there are already plans to build a battery factory in Nyíregyháza. However, the development affecting Eastern Hungary also requires the existence of a high-quality logistics workforce....

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Signature 40: Nearly 900 recommendations were received, the tender is closed

This year, the main role of operational specialists is again in the Signature 40 initiative: nominations can be made until August 27, i.e. until now, they are looking for the...

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The consumption of soft drinks and mineral waters has decreased dramatically in Hungary

In the first half of this year, the consumption of soft drinks and mineral water in Hungary has dramatically declined by about 10% compared to the previous year, as reported...

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