Market News

Sustainability was less important at Christmas

Rondo Hullámkartongyártó Kft. surveyed the Christmas gift wrapping habits of Hungarians in November (by asking around 1,000 people), and compared the data for 2023 and 2022. This article is available...

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Shoppers squeeze it well

This article is available for reading in Trade magazin 2024/2-3 They are looking more closely at the unit price High inflation and economic difficulties – Hungarians still like to eat...

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The time for solutions has come – the world is at the beginning of a new era

The Hungarian Business Council for Sustainable Development (BCSDH) is now an organization that brings together the top managers of more than 140 responsible companies and is ready to take the...

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Tetra Pak to operate processing equipment using solar energy

Tetra Pak has announced that it plans to power its industrial equipment using renewable thermal energy in the future, signing an agreement with Swedish solar energy company Absolicon. According to...

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Information about the application for drone application of plant protection agents and preparations with a plant protection effect

In the past period, Nébih employees have received many questions regarding who, where and how can apply for authorization of plant protection agents and products with plant protection effects for...

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It was developed by Abraziv Kft. from Kecskemét with nearly one billion forints

With an investment of nearly one billion HUF, Abraziv Kft., known for its construction and technological services for feed mills, built a new hall and acquired production equipment, installed a...

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Agrometeorology: early stone fruits are threatened by the cooling and frost coming next week

In recent weeks, heat records have been broken one after the other, the plants have started to develop, feeling the spring, but in the middle of next week, cooling and...

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Walmart buys Vizio for $2.3B as retail media race turns to streaming

Retail media networks are shifting focus to areas like connected TV and streaming to increase their ability to reach consumers. Walmart has agreed to acquire TV maker Vizio for $2.3...

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Too Good To Go App Announces 100m Meals Saved In One Year

Over 100 million meals were saved from going to waste by the Too Good To Go app in 2023, according to a recent report. The company’s 2023 Impact Report revealed...

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The cultivation of horticultural crops can also count on support in the future

The Ministry of Agriculture maintains priority support for horticultural crop production, rural development tenders related to the sector are expected to appear in the spring, said Sándor Farkas, Deputy Minister...

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Diageo steers Captain Morgan further into RTD with cocktail launch

The spiced rum brand is launching its first malt-based beverage item as it seeks a greater presence in the growing canned spirits space. Beverage giant Diageo is setting sail with...

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From honey to peppers

It is of utmost importance that interested parties, producers and buyers find a forum where they can get to know each other, where connections can be made on the topic...

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It is a challenge for shops to take measures against shrinking inflation

The government’s latest measure, which tries to make the announced price of shrink-wrapped products more transparent for customers, received a lot of criticism from the professional side. Pursuant to the...

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Vitafort Első Takarmánygyártó és Forgalmazó Zrt. and the Tej Trade Organization and Product Council renewed their cooperation agreement

Vitafort Első Takarmánygyártó és Forgalmazó Zrt. and the Tej Szakmaközi Szervezetz és Productáktánács renewed their cooperation agreement again. The contract was signed by Zoltán Kulik, the CEO of Vitafort Zrt.,...

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The economic mood in the EU and the Eurozone deteriorated in February

The economic sentiment index deteriorated in the euro area and the European Union in February, according to a survey presented on Wednesday by the European Commission’s Directorate General for Economic...

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The number of smartphone payments increased by 49 percent in January

The number of smartphone payments increased by 49 percent in January compared to a year earlier. This was coupled with a 58 percent increase in traffic, K&H said. Among the...

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Easter dynamism

This article is available for reading in Trade magazin 2024/2-3 Ágnes Szűts, marketing manager of KOTÁNYI Hungária Kft. told us that retail sales in the Hungarian spice market grew dynamically...

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According to experts, the labor market is transforming with unprecedented speed

The labor market is transforming with unprecedented speed, the processes are forcing both company managers and employees to constantly adapt – said the experts of the Magyar Nemzeti Bank (MNB)...

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Aldi’s store number reaches 177 in Italy

Aldi closed 2023 with 177 stores in the Italian provinces of Piedmont, Lombardy, Veneto, Friuli-Venezia Giulia, Trentino and Emilia Romagna. The German discounter opened its biggest store in the country...

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Financial help for companies to operate sustainably

On 1 January 2024, the ESG law came into force, regulating the environmentally and socially responsible operation of companies – and firms also receive financial support to achieve this. This...

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Albert Heijn Offers Business Customers Discount On Organic, Plant-Based Products

Dutch retailer Albert Heijn is offering business customers a 10% discount on all organic products. The discount also applies to its AH Terra range – a fully plant-based own-brand assortment...

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A condition for a successful green energy transition is competitiveness

In a joint statement, the leaders of European industry warn that competitiveness is a condition for a successful green energy transition – the Hungarian Chemical Industry Association (MAVESZ) and the...

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It is worth protecting yourself against field voles now

In several counties, field warblers multiplied strongly by the end of winter. The National Food Chain Safety Office (Nébih) draws the attention of land users: it is extremely important to...

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AI Adopted By Over A Third Of EU Firms, Bringing Digital Goals In Reach

More than one third (38%) of European businesses adopted artificial intelligence (AI) in 2023, according to a report commissioned by Amazon Web Services. The change came as the use of generative...

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Coca-Cola HBC Italia Invests €42m In Abruzzo Plant

Coca-Cola HBC Italia has announced it plans to invest over €42 million in its Oricola (L’Aquila) factory in Abruzzo, Italy. This investment by the main beverage bottler of The Coca-Cola...

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Subsidies for Hungarian farmers are also guaranteed in 2024

Subsidies for Hungarian farmers are also guaranteed in 2024; the government is contributing to the development of the agricultural economy with complex agrarian policy measures that strengthen financial and income...

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Ham could perform well again this year

A rather big double-digit decline in volume sales of Easter ham was caused by dropping real incomes and a significant rise in prices: over 40% (mainly due to a sharp...

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About 50,000 tons of dry pasta are bought in Hungary every year

About 50,000 tons of dry pasta are placed in the baskets of customers in Hungary every year. In contrast to the foreign trend, 4- and 8-egg pastas are the best-sellers...

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The sales revenue of the REGIO Game increased by six percent in 2023

REGIO Játékkereskedelmi Kft. had a turnover of HUF 21.421 billion last year on the total HUF 110 billion toy market. The company closed the year with a 6 percent increase,...

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Randstad HR Trends: Should our jobs be afraid of AI?

Although more and more people around the world are using artificial intelligence (AI) in their work, almost half of the top managers in Hungary do not yet see clearly the...

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