Market News
We managed to protect the interests of Hungarian farmers in Brussels as well
Thanks to the joint action of the five EU member states bordering Ukraine, the European Commission has extended the ban on the import of certain agricultural products from Ukraine to...
Read more
Absolut launches first commercially available paper bottles in Tesco
Absolut Vodka is launching a single-mould paper bottle in Tesco, marking a milestone in the French drinks giant’s journey to create a 100% bio-based bottle and reduce its CO2 emissions....
Read more
Brainstorming and playing on World Food Safety Day
In 2023, the World Food Safety Day will be based on the key message “Food standards save lives”. The National Food Chain Safety Office (Nébih) launched a social campaign for...
Read more
There are still two weeks available to submit the results of the proficiency test organized by Nébih ÁDI
The Animal Health Diagnostic Directorate of Nébih has organized proficiency tests for the first semester of 2023 for private laboratories performing animal health tests. Participating laboratories have just two weeks...
Read more
Hungarian authorities strictly control Ukrainian grain
Not only the Ukrainian grain passing through the country, but also the quality of the crops that arrive here are constantly checked. The government’s goal is still to ensure that...
Read more
Kylie Minogue Celebrates Third Anniversary Of Eponymous Wine Brand In LA
Following the recent debut performance of her latest single, ‘Padam Padam,’ on American Idol, Minogue is ‘toasting her award-winning wines at the West Hollywood Edition’. “I can’t believe it’s already...
Read more
Budni expands with a new store concept in Edeka
The Budni drugstore chain is expanding into the Edeka and Marktkauf chains in the south-western region of Germany with a new shop-in-shop concept. According to Jürgen Mäder, Managing Director of...
Read more
AM: We treat the support of the National Council of Mountain Communities as a priority
The domestic grape and wine sector is of particular importance, it is the flagship of Hungarian agriculture. The Ministry of Agriculture and the National Council of Mountain Communities have an...
Read more
This year’s “Inno d’Or – Innovation of the Year” awards were presented at the Innovation Day conference
For the third time, Trade magazine organised the award ceremony of the contest that first took place in 2021, as part of the programme of a one-day conference. This article...
Read more
Company mobile can turn into card payment terminal
K&H’s innovative Andorid-based SoftPOS application can turn the company smartphone into a card payment terminal. This article is available for reading in Trade magazin 2023/6-7. Head of SME and marketing...
Read more
Wolt Drive arrives in Hungary
Wolt, one of the leading quick commerce platforms, launches the Wolt Drive service in Hungary too. This article is available for reading in Trade magazin 2023/6-7. Wolt Drive is basically...
Read more
Growing popularity for the Hungarian Product loyalty website among manufacturers
It was in last March that Hungarian Product Nonprofit Kft. launched its loyalty website, www.magyaranyero.hu. The website was created for the integrated implementation of prize games and it already has...
Read more
Retail sales went downhill
According to the Central Statistical Office (KSH), like-for-like retail volume sales were down 12.6% in March 2023; adjusted for calendar effects, the sales decrease was 13.1%. Grocery stores saw their...
Read more
130 entries arrived to Lidl’s in-school educational competition
Lidl Hungary’s 8th “Healthy in the classroom” awareness raising campaign was a great success. More than 130 entries were sent in by 71 schools from all over Hungary. Organised in partnership...
Read more
OMÉK will be waiting for visitors with superb trade and family programmes this autumn
Between 20 and 22 October 2023, the 81st National Agriculture and Food Exhibition (OMÉK) will open its gates, for both the representatives of the agri-food trade and the members of...
Read more
HELIA-D unveils new product range
HELIA-D has introduced its latest innovation, the new HELIA-D Hydramax range. This article is available for reading in Trade magazin 2023/6-7. The Hydramax range is a new generation of deep...
Read more
Szentkirályi’s new production hall
Szentkirályi is expanding its production capacity with a new production hall, which was inaugurated on 2 June, by the company’s two co-owners, Alessandro Pasquale and Levente Balogh, together with government...
Read more
SPAR customers are focused on quality
Conscious shoppers find it important that the products on the shelves and their packaging, together with the logistics and food production processes are transparent, and that product quality is certified...
Read more
New rules for retail trade from 1 June
On 1 June a government decree came into effect, imposing mandatory promotions for FMCG retail chains. According to the new rules, in 20 product groups grocery retailers have to cut...
Read more
KSH: in April, the turnover of retail stores decreased by 12.6 percent
In April 2023, the turnover volume of retail trade – with a significant base effect – decreased by 13.6 percent compared to the same period of the previous year according...
Read more
Retail turnover decreased by 12.6%
In April, the volume of retail trade fell short of expectations by 13.6% according to raw data, and by 12.6% when adjusted for calendar effects, while sales revenue rose by...
Read more
K&H: It is difficult for companies to cope with double-digit inflation
Inflation above 20 percent affects large companies, the operation of 9 out of 10 companies is negatively affected, according to the latest measurement of the K&H large company growth index....
Read more
“Most successful promotion of the year 2023” awards were presented to the winners
This year Trade magazin organised the “Most successful promotion of the year” competition for the 15th time, the results of which were announced as part of a one-day conference, titled...
Read more
The online price monitoring database is in test mode
The online price monitoring database will be launched on the first of July. On Tuesday, the working group established by the Economic Competition Authority, the Ministry of Economic Development and...
Read more
GKI: What did (re)industrialization achieve in the light of the development of foreign trade?
Hungary’s foreign trade balance in goods showed a record loss in 2022 (-8.6 billion euros) according to the KSH, while according to the MNB the deficit was almost -15 billion...
Read more
The government submitted next year’s tax laws: price increases are coming for cigarettes and fuel!
In accordance with his promise, Minister of Finance Mihály Varga submitted a tax bill to the parliament last week, which will bring significant changes to the tax system next year....
Read more
EY: Personal data becomes valuable for customers
The rise of online solutions has made customers more aware, who would prefer to provide their personal data only if they receive real discounts in return, according to EY’s international...
Read more
World Milk Day: this happened at the Vitafort Zrt. National Partner Meeting
Due to the positive properties of milk, as well as to draw people’s attention to the importance of calcium intake, the UN World Food and Agriculture Organization (FAO) designated June...
Read more
TMK Market Researchers: what happened in the last 15 months?
This article is available for reading in Trade magazin 2023/6-7. “First-hand information from market researchers” was the tile of Trade Marketing Club’s (TMK) online meeting on 13 April, where...
Read more
POP world champions
The winners of the Shop! Global Awards POP competition were announced. From the 77 entries 24 went home with a trophy. There were two Hungarian competition entries, and one member...
Read more