Market News
The GVH is working on reducing inflation – the competition authority discussed its proposals with domestic food industry organizations
The Economic Competition Authority (GVH) discussed its proposals aimed at reducing inflation published last week in a personal meeting with representatives of seven food industry and trade professional organizations and...
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SPAR is preparing for the grilling season with new products and 250 tons of grilling products
The days are getting warmer, May already beckons to the gardens, friend and family gatherings are organized, and of course the grill, the pot, the fish grill, skewers, baking sheets,...
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An eternal retro star: the Százszorszép candy box
The renaissance of retro continues to pervade our everyday lives – among the various fashion trends, objects and memories, it is worth lingering over a cult piece that has meant...
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POPAI village in the heart of EuroShop
This article is available for reading in Trade magazin 2023/5 EuroShop is the biggest trade fair of the retail profession, which is organised by Messe Düsseldorf every three years, with...
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Coface: An unfavorable turn has occurred in the economies of the region, including in Hungary
While the number of insolvent companies decreased in the Central and Eastern European region in 2020, it increased in 2021 and then accelerated in 2022, according to the analysis of...
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John Lewis to invest in RFID technology to reduce stock loss
John Lewis Partnership is planning to launch radio frequency Identification (RFID) technology to get “a real better visibility of its stock.” The company has made a GBP 234m loss for...
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Mouth-watering melons were studied at MATE
Which is the sweetest and most vividly colored variety of cantaloupe? What happens to cantaloupe as a result of grafting and storage? And can grafted melons really taste like pumpkin?...
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Hand-washing or dishwasher?
NielsenIQ has reported that washing-up liquid sales augmented by approximately 15% in 2022 – value sales grew around 20%, but volume sales dropped 6%. This article is available for reading...
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The development of the food industry cannot stop, according to the vice president of NAK
The development of the domestic food industry cannot stop despite difficulties not seen for decades – said the national vice-president responsible for the food industry of the National Chamber of...
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The Budapest Stock Exchange presented its first sustainability report
The Budapest Stock Exchange (BÉT) presented its first sustainability report for the year 2022, the exchange informed MTI on Wednesday. The market position of the stock exchange is also special...
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Márton Nagy: the online price monitoring system and the mandatory promotion will help to reduce inflation to single digits by the end of the year
International examples show that the online price monitoring system – as well as the mandatory sales – contributes to increasing market competition in the retail sector, and overall helps to...
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Schnuck Markets to open AI-based salad bars
St. Louis-based Schnuck Markets is opening artificial intelligence (AI) powered salad bars in 22 of its shops in Missouri and Illinois – announced Picadeli, a food tech company that manufactures...
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Ÿnsect launches mealworm petfood ingredients brand Sprÿng
Mealworm nutrition supplier Ÿnsect has launched a new ingredients brand for petfood manufacturers. Called Sprÿng, the brand offers “easy-to-incorporate, neutral-tasting, odourless and light brown ingredients” made using the molitor mealworm,...
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Lidl calls on supermarkets to make fruit and veg more appealing to kids
Lidl has called on other UK supermarkets to introduce design changes of fruit and vegetable packaging to make them more appealing to kids. This follows the success of the discount...
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WHO recommendation goes against non-sugar sweeteners
The World Health Organization on May 15 released a new guideline that recommends against the use of non-sugar sweeteners to control body weight or reduce the risk of non-communicable diseases....
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The Milk Product Council is revising the basic price forecast for raw milk based on the recommendations of the GVH
The Milk Trade Union and Product Council will revise the price forecast methodology that determines the price of raw milk – this was agreed upon by the leaders of the...
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The 81st OMÉK will be held in Budapest in mid-October
Between October 20 and 22, the National Agricultural and Food Industry Exhibition and Fair (OMÉK) will be organized for the 81st time by the Ministry of Agriculture together with the...
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GVH negotiated with the food industry and trade professional organizations to combat inflation
The Economic Competition Authority (GVH) held a consultation with seven food industry and trade professional organizations and representatives of the Ministry of Agriculture regarding its proposals aimed at reducing inflation...
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K&H: the monthly cost of living for Hungarians has increased by HUF 10,000
Monthly living expenses have grown much more than incomes, according to the K&H Safe Future survey, which examined the situation of the 30-59 age group. 92 percent of respondents spend...
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The exchange of drinking water is on its way to Ukraine
The Waste-Free Tisza program was established by the Tisza PET Cup, the National Water Directorate General, with the support of The Coca-Cola Foundation – the global foundation of The Coca-Cola...
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The development of the food industry cannot stop, according to the vice president of NAK
The development of the domestic food industry cannot stop despite difficulties not seen for decades – said the national vice-president responsible for the food industry of the National Chamber of...
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Lidl and Bioland: 5-year partnership expands further
Lidl and Bioland, one of the biggest organic food associations in Germany, have announced the expansion of their partnership, which commenced back in 2018. Bioland guarantees the full organic conversion of...
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Amazon increases fulfilment fees in Europe
Amazon has raised the costs of its multichannel fulfilment service. The new fees are in effect for European sellers from April. According to the e-commerce giant, the increase is the...
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VAN VOSZ VÁLASZ: Is it possible to reduce inflation and interest rates together?
A high inflation and high interest rates hinder business development, economic growth, and catching up. To sustain businesses and promote economic development, it is essential to reduce inflation and interest...
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Are health and wellness subscriptions the next frontier for grocers?
Hy-Vee and Amazon have recently ventured into memberships that bundle wellness services, and sources say other grocers will likely follow suit. Last week, Hy-Vee unveiled a health and wellness subscription...
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MTÜ: Outstanding foreign guest traffic in the first four months of the year
In the first four months of the year, Hungarian accommodation providers submitted data on nearly 9 million guest nights to the National Tourist Information Center. This represents a 3% increase...
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The GVH negotiated with the food industry and trade professional organizations on the reduction of inflation
The Economic Competition Authority (GVH) held a consultation with seven food industry and trade professional organizations and representatives of the Ministry of Agriculture regarding its proposals aimed at reducing inflation...
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Carrefour Brazil To Sell Some Stores And Distribution Centres
Carrefour Brazil has entered into exclusive negotiations with real estate investment and management company, Barzel Properties, for the sale of five distribution centres and five stores owned by the company....
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