Market News

There will be much stricter controls against foreign carriers who play tricks with licenses and harm Hungarians

More than two million heavy goods vehicles cross Hungary every year, and our country could benefit significantly more from the huge transit traffic: in the case of quality services –...

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Asda trials autonomous home delivery service with Wayve

UK retailer Asda is testing an autonomous grocery delivery service, in partnership with Wayve. Self-driving vehicles from Wayve will join Asda’s existing online delivery service for the pilot project. All...

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A survey of local products and agritourism opportunities is also being prepared

István Széchenyi University is conducting a survey on the production and consumption habits of local products. A survey was also launched in relation to the development of agritourism, based on the...

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Aldi to donate 1.5 million meals over the school summer holidays

Aldi is to provide 1.5 million meals to those in need in its biggest-ever school holiday donation programme. The donations will be made via redistribution platform Neighbourly, which links with...

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Anuga Organic To Showcase Sustainable, Healthy Innovation

One of the world’s largest organic trade fairs, Anuga Organic, will be a major part of Anuga, which takes place from 7 to 11 October 2023 in Cologne. The focus...

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Nébih: the majority of summer camps operate in accordance with the legislation

The majority of the 153 summer camps inspected nationwide by the National Food Chain Safety Office (Nébih) operate in accordance with the legislation. the seasonal inspection will continue until August...

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(HU) Átvette Moszkva az irányítást a Danone orosz leányvállalata és a Carlsberg egy helyi sörgyárban meglévő részesedése felett

The Russian state has taken control of French yoghurt maker Danone’s Russian subsidiary along with beer company Carlsberg’s stake in a local brewer, according to a decree signed by President...

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Fishermen receive special attention and support

In accordance with the legal requirements, MOHOSZ handed over its 2022 public duty performance report to the Minister of Agriculture. István Nagy stated that the document clearly shows the organization’s significant...

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Balázs Csaba Rigó: As soon as several companies saw the competition’s lower prices, they reacted immediately the next day and lowered their own prices as well

Enormous interest surrounds the online price monitoring system that launched on July 1st. This interest is not only from consumers but also from retail chains that have prepared for the...

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Playfulness and responsibility in promotions

On 27 April 2023 Trade magazin organised its “The key to successful promotions” event in Aquincum Hotel Budapest, where the award ceremony of the “Most successful promotion of the year”...

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The most important challenges facing the food industry in the Carpathian Basin – efficiency, competitiveness, marketing

Agency, marketing? What subsidies can the food industry expect in the new EU development policy period? Among other things, the XXXII sought answers to these questions. At the round table...

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GFM: since the beginning of July, the price of observed food products has decreased by 7 percent – online price monitoring and mandatory promotions are effective

In the period between July 1 and July 19, the average prices of products decreased in 53 out of 62 product categories. In the 62 product groups, prices decreased by...

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K&H: a fiatalok többsége drágulásra számít

19-29-year-olds still perceived high annual inflation of 25 percent at the beginning of May, which does not mean a slowdown compared to the annual level measured in February. The vast...

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Thousands of shops closed in Hungary last year

Last year, thousands of shops and restaurants closed in Hungary, which experts primarily attribute to high energy prices, declining consumption, and a weak forint compared to the euro. By the...

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(HU) Több mint tízezer résztvevő volt a 41. Lidl Balaton-átúszáson

Sorry, this entry is only available in HU....

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K&H: there will not be an innovation boom in family companies now

The current economic situation is not favorable to the innovation efforts of family companies, their innovation index has decreased by 2 points and currently stands at 27 points, according to...

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Cecília Müller was entrusted with a new task

As of August 1, the National Pharmaceutical and Food Health Institute (OGYÉI) will be merged into the National Center for Public Health, so it will also come under the supervision...

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Momentán Társulat and Diageo are preparing for the Valley of the Arts with joint attention-grabbing educational programs and performances

Diageo, the world’s leading producer and distributor of alcoholic beverages, in cooperation with Momentán Társulat, is drawing attention to the importance of conscious and responsible alcohol consumption at the Valley...

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HNT: the new waste management regulations cannot increase the burden on grape and wine producers

According to the National Council of Mountain Communities (HNT), the economic and bureaucratic burdens of grape and wine production should not be increased, the organization therefore welcomes the fact that,...

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AVON: two-thirds of women prefer more natural make-up

The range of factors influencing women’s beauty care decisions is very complex, and the meaning of beauty is constantly changing over time. As a result of the pandemic and then...

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Germany would ban the production of strawberries

Too much water is required for the production of strawberries, which is why the Minister of Environmental Protection in Lower Saxony would eventually ban it, along with several other water-intensive...

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Trenkwalder: The average hourly wage of manual workers increased by 19 percent in the second quarter

In the second quarter, the average gross hourly wage of skilled and trained workers performing physical work was HUF 1,853, which is a 19 percent increase compared to HUF 1,553...

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The price of agricultural land rose by almost 10 percent last year

The amounts to be paid for agricultural land in Hungary continued to rise in 2022, and the price increase accelerated to more than nine percent after 8.5 percent in 2021...

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Lidl France Expresses Interest In Acquiring 600 Casino And Monoprix Stores

Lidl France is believed be interested in acquiring 600 stores operating under the Casino and Monoprix banners in the country, according to media reports. The discounter has sent a letter,...

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After the approval of the GVH, Mol took over the Szarvasi Biogas Plant

After the approval of the Economic Competition Authority (GVH), the Mol group took over the Szarvasi Biogázüzem. In May, the company concluded an agreement with BayWa AG on the purchase of...

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Inflation has made a difference to trade in organic products

High inflation has significantly changed the purchasing behaviour of customers for organic products. „People are still buying organic products, but at a lower price” Robert Kecskes, trade expert at market...

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Kraft Heinz to spend more than $400M to build Illinois distribution center, hire 150-plus workers

The 775,000-square-foot facility will allow the CPG giant to reduce its environmental footprint, boost supply chain efficiencies and ship its products faster. Kraft Heinz plans to spend more than $400...

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A foil tent heated with thermal water was built in Mezőkovácsháza

A foil tent heated with thermal water was built at the Mezőkovácsháza in Békés county with the support received from the economic revitalization program of the Ministry of the Interior,...

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Fidelity: Net zero in 2030 seems unrealistic for most companies

A survey of Fidelity ESG analysts questions whether companies’ net-zero plans are sufficient. The answer is: not yet, and a greater concerted effort is needed. Additional funding, technological innovation and...

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What can we learn from the promotions of 2022?

Market researcher Kantar Hoffmann has done an exclusive focus group survey for Trade magazine, on what shoppers think about the promotions that entered the “Most successful promotion of the year”...

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