Market News
Sainsbury’s taps Checkout.com for payment innovation solution
Sainsbury’s has appointed Checkout.com as its payment innovation partner to help simplify and modernise its payment infrastructure. Checkout-free technology is the first stage of the long-term partnership, which is designed...
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Poultry farmers can apply for a frame amount of HUF 15 billion
In order to improve animal welfare conditions and prevent animal health problems, the Ministry of Agriculture launched a new animal welfare support scheme available to the poultry sector within the...
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Domestic retail chains are asking Brussels for help because of the price cap
The retail chains also present in Hungary are adversely affected by the price cap, so they turned to the European Commission to intervene due to the events affecting the market...
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Black Friday will take place this year as well, in which this time food also play an important role
This year, among those familiar with Black Friday, the number of people who plan to buy something on Black Friday has increased significantly – by 7.4 percentage points: 24.5 percent...
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Convenience stores can apply for more than 8 billion
Tenders for the support of shops in small settlements with a budget of HUF 8 billion will be launched in a few weeks within the framework of the Hungarian village...
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KSH: the production of the food industry increased by 1.4 percent in September
In September, the volume of industrial production exceeded a year earlier by 11.3 percent, and increased by 11.6 percent when adjusted for the working day effect. The seasonally and working...
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NAK: nearly 8 million Santa Claus chocolates are sold every year
The popularity of the hollow chocolate Santa figure associated with the Advent period is unbroken among customers year after year, and nearly 8 million pieces of this product are sold...
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Black Friday: there are stores where you would expect a discount of only 4-5 percent
In many places, Black Friday is not limited to November 25, but starts from the beginning of November – but everywhere the discounts are low, in some places they are...
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Christmas must be approaching now!
There are some commercials that the whole world looks forward to before the Christmas season. This is also the case with the John Lewis & Partners short film, which places...
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The acquisition of the Szallas Group has been completed: it was purchased for 82 million euros
One of the most significant Central European digital acquisitions in the tourism sector in recent years has been completed: Wirtualna Polska, listed on the Polish stock exchange, has acquired the...
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The conditions for irrigation development support have become more favorable
In order to successfully implement investments for the development of irrigation, the Ministry of Agriculture has increased by 30% the amount of expenditure that can be accounted for in connection...
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Food prices are also rising the most in Slovakia
Inflation reached another peak in Slovakia, rising to 14.9 percent in October from 14.2 percent in September. This means that the rate of inflation in our northern neighbor has not...
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We play to win
Members of POPAI Hungary Association met in Heineken’s new office on 8 September. National trade marketing manager Dániel Salem was the host, and the topic was the future of sales...
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No more disposable cutlery in Migros stores
Single-use plastic cutlery will disappear from all stores of Swiss supermarket chain Migros by the end of the year. From 1 November both immediate consumption products and plastic cutlery available...
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The KSH has started the agricultural census
The Central Statistical Office (KSH) will carry out its second regularly repeated agricultural census of the year from Monday to December 15, the office announced in a statement sent to...
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EU Postpones Decision On Common Nutrition Label Until 2023
The decision on the proposed EU regulation on the common nutrition label has been postponed until the second quarter of 2023, according to media reports. Nutri-Score, which uses colours from...
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Nescafé Dolce Gusto Launches Neo Coffee Machine And Pods
Nescafé Dolce Gusto has announced plans to launch a new coffee machine and a range of coffee pods branded as Neo. The coffee machine is designed to create the ultimate...
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Consum Implements Five-Day Working Week In More Stores
Spanish retailer Consum has implemented a five day working week in an additional 91 stores, as it seeks to offer employees a better work-life balance. In total there are currently...
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Meat processing company JBS to close its plant-based food business in the USA
After two years, Brazilian meat processing company JBS SA is closing its US plant-based foods business, called Planterra Foods. This move indicates that there are problems in the plant-based sector...
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Hungarian Product and Rossmann join forces for Hungarian beauty brands
Hungarian Product Nonprofit Kft. and Rossmann Magyarország Kft. have teamed up to promote up-and-coming Hungarian beauty brands. On 23 September 2022 they organised an event, where no less than 26...
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The corn harvest in Zala county is coming to an end
Nearly 90 percent of the corn was harvested in Zala county, the average yield per hectare is 7.3 tons – the county president of the National Chamber of Agrarian Economy...
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Several specialists justified the extreme increase in domestic food prices
The deterioration of the forint may be the most important reason, but of course food inflation, which is also prominent in the European context, is multifactorial. “Based on long-term trends,...
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According to the managing director of Kifli.hu, this is why food is the most expensive in Hungary
It’s no secret that abroad – for example in Slovakia – various products are offered at more favorable prices than in Hungary. According to Péter Klekner, the managing director of...
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Potato association: next year’s harvest is also threatened by farmers’ uncertainty
The extension of the price cap to all potato varieties put domestic producers in a difficult situation. Éva Kulich, press representative of the National Potato Association and Product Council, spoke...
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PwC: Employees want financial security and stability
Global economic events have increased the importance of financial security, stability, and long-term career prospects for employees. Although base salary remains the most important factor, growing insecurity has changed job...
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Egg producers: there may be a shortage of eggs due to the price cap
Working with full force, the producers are doing everything they can to have enough eggs for Christmas, but due to the price cap, a supply shortage cannot be ruled out...
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By the end of December, there may be a national shortage of potatoes
Although the price cap on potatoes is good news for the public, according to producers, this could lead to another crisis situation. Because of the drought, the harvest was already...
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Goose meat prices have skyrocketed due to bird flu, feed prices and the energy crisis
While St. Martin’s Day and Christmas have been present as “red-letter holidays” in the goose breeders’ calendars since time immemorial (80-90 percent of their annual stock is sold out at...
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In the CBA Príma stores, the purchase of price-capped eggs is already restricted
Another response to the widening of the price cap has been received: a maximum of 30 eggs at the official price can be purchased in CBA Príma stores. This means...
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Denmark’s Salling Group starts new discounter chain
BASALT is the name of the Salling Group’s new discount supermarket chain, which will offer products that are 15% cheaper on average than the usual discount store prices. The new...
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