Market News
Two sides of the same coin: hair removal and shaving
This article is available for reading in Trade magazin 2023/5 New products and ingredients In the hair removal category, in 2022 sales of women’s products grew by 24-25% in value...
Read more
Organic pet food set for clearer labeling as EU Council and Parliament reach agreement
The European Council and European Parliament have reached a provisional agreement on the labeling of organic pet food. The regulation agreed on this week will make it easier for consumers...
Read more
Migros Develops Beverage Using Artificial Intelligence
Swiss retailer Migros has developed a beverage using artificial intelligence, which it says is a first among retailers in the world. Switzerland-based soft drink manufacturer Vivi Kola developed the beverage...
Read more
Coca-Cola drinkers to ‘level up’ with new League of Legends-inspired soda
Coca-Cola is introducing a soda called Coca-Cola Ultimate that is inspired by the popular video game League of Legends, the company said in a statement. It is the first time Coca-Cola...
Read more
OMSZ: the upper layer of the soil received enough precipitation everywhere
The rainy weather of the past few weeks has brought enough precipitation to the upper layer of the soil throughout the country, the signs of drought have also disappeared in...
Read more
The food industry is booming
The government’s goal is to protect Hungarian families and pensioners even in the economic situation affected by the sanctions, and to prevent recession and reduce inflation to single digits by...
Read more
NAV seized five thousand bottles of fake perfume
Employees of the National Tax and Customs Administration (NAV) prevented more than five thousand bottles of fake perfume from entering the market by checking the Komárom-Esztergom county section of the...
Read more
The role of AI in e-commerce is indisputable and unavoidable
There is almost no spectrum of e-commerce left that was not scrutinized at the “Let’s see the future” conference organized by Ecommerce Hungary on June 6 and 7, within the...
Read more
The financing of the Hungarian food industry is supported by AVHGA and MBH Bank
The Agrarian-Vállalkozasi Hitelgarancia Alapítvány (AVHGA) and MBH Bank have signed a cooperation agreement promoting the up-to-date financing of businesses operating in the food industry, MBH Bank announced to MTI on...
Read more
NAV: this year, the authority has already examined more than 28 million e-commerce packages
This year, the National Tax and Customs Administration (NAV) carried out more than 210,000 customs procedures and examined 28 million e-commerce packages, said the director of the NAV Airport Directorate...
Read more
Zsolt Zólyomi: “A fragrance can be decisive in a business deal”
Perfumer Zsolt Zólyomi was Szilvia Krizsó’s guest in the latest episode of the Future Talks podcast. This article features parts of the conversation, but you can watch the whole interview...
Read more
One bag completely decomposed in 45 days in an experiment by Greenpeace and the Humus Association
In an experiment launched by Greenpeace and the Humus Association in April, one of the bags purchased in domestic grocery chains and sold as degradable completely decomposed in 45 days,...
Read more
The OECD minimally improved its global economic growth forecast
The organization of industrialized countries, the Organization for Economic Co-operation and Development (OECD), slightly revised its forecast for world economic growth in 2023 upwards and did not change its forecast...
Read more
Retail sales in the Czech Republic also decreased in April
Retail sales in the Czech Republic decreased by 7.7 percent year-on-year in April after the 9.5 percent decrease in March, the Czech Statistical Office announced on Wednesday in Prague. The...
Read more
Unbeatable top 3 – The 2022 ranking of FMCG retailers is out now
Both the economy and the FMCG sector had an eventful past few years. New measures, a transformed market environment, and constantly changing shopper reactions…There wasn’t much we could get used...
Read more
Márton Nagy: Hungary welcomes investors from all over the world
Hungary’s economy is open, it welcomes investors from all over the world – said the Minister of Economic Development at the Mathias Corvinus Collegium (MCC) Budapest Peace Forum conference on...
Read more
The technological modernization of agriculture is the basis for further development
The development of Hungarian agriculture is well illustrated by the fact that the added value per hectare increased by 77.1 percent between 2010 and 2022 – emphasized the Parliamentary State...
Read more
Small and medium-sized enterprises in Budapest and the central Hungarian region can also access direct EU funds
Until 2027, the European Union allocated a total of 377 billion euros for the so-called new priorities, within the framework of 24 professional programs. Projects that are exemplary for the...
Read more
V4 agricultural chambers: Unified EU action is needed to deal with the problems caused by Ukrainian imports
The meeting of the agricultural chambers of the Visegrád Group (V4) was held in Rácalmás on June 6, 2023. The participants confirmed their position that to deal with the problems...
Read more
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