Market News
Tesco introduces AI refrigeration technology to cut energy costs in the UK
Britain’s Tesco has introduced AI-based refrigeration technology to cut its energy costs by 10% and save more than 385 tonnes of carbon dioxide in its operations. This article is available...
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Distributors say AI could be a game changer in the fruit supply chain
AI technology has the potential to change the supply chain for produce and fresh fruit, according to fruit and vegetable distributors. This article is available for reading in Trade magazin...
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Aldi introduces AI-powered checkout-free technology in the US
Germany’s Aldi and its partner Grabango have officially announced the launch of an Aldigo pilot programme, offering checkout-free technology in one of the discount chain’s Chicago stores. This article is...
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Nestlé uses data science and AI to identify climate-resilient coffee plants
Nestlé’s experts are exploring how advanced data science and AI can be leveraged to select and breed more climate-resilient plants in the face of the climate change that is threatening...
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A record number of entries were received for the 13th Saint Stephen’s Day Bread Competition
This year, the largest number of products entered the professional competition announced by the Hungarian Bakers’ Association for the 13th time: almost 100 bakery products were nominated by Hungarian-owned baking...
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Fuze Tea and Tripadvisor’s new campaign encourages short breaks during the day, 5-minute adventures
The basis of a complete life is to find a balance between work and recreation on a daily basis, and to take care of our physical and mental health whenever...
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The crisis of the orange juice industry: taste changes and price increases threaten the market
The orange juice industry is currently facing a serious crisis. In recent years, challenges affecting orange cultivation, such as disease and climate change, have dramatically reduced production, resulting in significant...
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The European Commission has created a new agency to regulate artificial intelligence
The European Commission has announced that it will create a new office whose main task will be to regulate the applications of artificial intelligence (AI) in the territory of the...
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This year, a not abundant but satisfactory apricot harvest is expected in Hungary
Apricots were a fruit with a good export position in the past, before 2018 we exported 4-5 thousand tons annually. In recent years, however, due to the unpredictable harvest and...
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Every third Hungarian cardholder regularly pays with their mobile
Mastercard published the results of its research entitled “Bank Card Usage Habits and Attitudes” at the end of March. This article is available for reading in Trade magazin 2024/5 With...
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State Secretary of the Ministry of Agriculture: the Carpathian Basin Village Farmers Network helps tens of thousands of foreign farmers
The number of village farmers and the territorial coverage of the network have increased with the expansion to Csángóföld – announced Sándor Farkas, the Parliamentary State Secretary of the Ministry...
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Carrefour Romania Launches Initiative To Fight Inflation
Carrefour Romania is introducing a nationwide price reduction programme, to help customers cope with inflation and rising prices. The programme, titled Minus la Sută, will see Carrefour Romania offering discounts of...
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Crop security can only be achieved with suitable seeds
In view of the planting season, the authority checked seed samples in the past period. About the action dr. Márton Nobilis, the Secretary of State responsible for food industry and...
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Czech Online Grocer Rohlik Ramps Up German Expansion As Rivals Quit
As foreign online grocery delivery rivals exit Germany, Czech Republic-based Rohlik Group is ramping up in Europe’s biggest economy and is on track to break even within the next 12...
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PepsiCo invests 200 million euro in Belgian plant
PepsiCo has announced significant investments in increasing its production at its Belgian plant in Veurne (near Bruges). The investment of more than 200 million euros should also make the plant more...
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Be cheap and fast! – Customers’ expectations of parcel couriers
The price is the most decisive factor when you can choose from several parcel delivery service providers when shopping online – according to Reacty Digital’s April research of the 18-79...
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NAV: The launch of ÁNYK is on the agenda
The eVAT system of the National Tax and Customs Office has already completed the introduction of many new functions, the development of which will last until 2025. Accounting software can...
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The state offers almost 20,000 hectares of plots of land for purchase
Another parcel of land exceeding 10 hectares may be given to the farmers. With the measure, the Ministry of Agriculture supports small and medium-sized farmers and local producers in getting...
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The advantage of food inflation: have consumers become more aware?
The change in the economic situation has an impact on consumer behavior across Europe, including Hungary, where customers are increasingly conscious of their spending. Nowadays, due to significant inflation, a...
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Joint workshop by ÖRT and the Ministry of Justice
With record attendance, the Advertising Self Regulatory Board (ÖRT) held its first joint workshop with experts from the Ministry of Justice, about the activities of the consumer protection authority in...
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The cherry season has started with low prices, a good harvest is not expected
This year, the cherry season started at low prices at the end of May, which, according to experts, shows a similar trend to the price development of the strawberry market....
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Profession.hu: Intensification of recruitment is expected in the field of manufacturing and production
In the past year and a half, recruitment in the manufacturing and production sector has continued to slow down, and this trend is in line with the national situation: companies...
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That’s what they will storm the shops for if a disaster strikes
Based on the lessons learned from the coronavirus epidemic, it is important to prepare for unexpected events, be it nuclear war, natural disasters or armed conflict. Based on what we...
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It takes a long time for cheap Chinese products to reach us
Cheap products ordered from China take a long time to arrive, which causes concern among buyers. Companies like AliExpress, Shein and Temu are struggling to improve amid market competition and...
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A period of permanent water shortage has been announced
Following the initiative of the National Chamber of Agriculture and the Association of Hungarian Farmers’ Associations and Farmers’ Cooperatives, the Minister of the Interior announced a permanent water shortage period...
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This pineapple costs 400 USD, but is a huge success
As a result of more than a decade of development work, the American food company Del Monte presented the Rubyglow pineapple, whose characteristic ruby red color gave it its name....
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Danone Invests In Medical Nutrition Production Line In France
Danone has announced an investment of €70 million in a medical nutrition production line in Steenvoorde, France, as it seeks to boost its Specialised Nutrition business. The Steenvoorde will be...
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This year’s strawberry crop prospects are good
According to KSH data, 5,000 to 5,500 tons of strawberries were harvested annually in Hungary in recent years. This season started earlier than usual, experts expected good harvest prospects. According...
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96% of Europeans shopped online in Q1
At least 95.8 percent of European consumers shopped online in the first quarter of this year. In the United Kingdom, that percentage was 93 percent. And in the Netherlanders, 96...
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In agriculture, the strength for progress is still provided
By using the resources of the new tenders, the agrarian sector can be renewed with HUF 2,900 billion. The goal of the subsidies is to put the domestic agriculture and...
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