Market News

Nestlé invests 2.3 million euros in new thermal energy system

Nestlé has invested EUR 2.3m in a new thermal energy system at its chocolate factory in La Penilla de Cayón. Nestlé has installed a heat pump that uses residual energy...

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Carrefour starts straight-to-fridge food delivery in France

Carrefour is currently testing food delivery into the homes of shoppers. As part of a pilot project, customers need to install a smart lock from Assa Abloy, Carrefour’s partner in...

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In November, you had to pay 27.1 percent more for food in the Czech Republic

Annual inflation in the Czech Republic rose to 16.2 percent in November from 15.1 percent in October, the Czech Statistical Office announced on Monday in Prague. The housing costs were...

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Magyar Bankholding: Most people choose contactless payment when shopping for Christmas

The 27-35-year-old age group is the most purposeful in terms of Christmas shopping, according to representative market research conducted by Magyar Bankholding. This year, respondents plan to spend between HUF...

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For each other and for the shoppers!

The main task is protecting the sector The National Association of Entrepreneurs and Employers (VOSZ) has organised a programme to celebrate Europe’s Day in Commerce for the 18th time. It...

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New StarStore – Év Kereskedője winners and the 2022 award ceremony

This year was the 8th that Trade magazin organised the “Star Store – Év Kereskedője” competition for retailers with a registered seat in Hungary. The award ceremony took place at the...

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The WINGATE project helps Hungarian entrepreneurs with a free e-learning program

In Hungary, too, the weight of businesses with purely female owners is becoming more and more significant: while in 2021, 14% of all registered domestic companies were managed by women,...

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HANGYA held a conference on the future of producer cooperation

In order to prepare for the CAP cycle between 2023-27, a conference was organized by HANGYA Szövetkezetz Cooperation to learn more about the plans for measures affecting producer communities. At...

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Rationalising in wine trade

Károly Gerendai, METRO’s wine and sparkling wine sales and category specialist: “Because of the strong tourist season, this year our wine sales have been very good so far. Still, we...

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Because of the sanctioned energy prices, farmers need extraordinary EU support

The majority of the agriculture ministers requested the activation of the agricultural reserve due to the negative effects of high energy prices on the agricultural sectors. Due to the war...

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Asda to create 10,000 jobs in convenience store rollout

Asda is to create 10,000 new convenience store jobs over the next four years as it speeds up the rollout of its new Asda Express store concept. The move is...

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Soil = Life

On the occasion of World Soil Day, the film Soil = Life was shown on December 5. Due to intensive farming, a significant proportion of the world’s fertile soils are...

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Ferrero To Acquire Blue Bunny Ice Cream-Maker Wells Enterprises

Italy’s Ferrero Group has announced that it has agreed to acquire ice-cream and confectionery firm Wells Enterprises for an undisclosed sum. The deal will see Ferrero acquire the ice cream...

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This is how cattle can be moved between the member states of the European Union

In order to prevent the spread of animal diseases, many aspects of the keeping and movement of bovine animals are regulated by Regulation 2016/429/EU of the European Parliament and of...

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Gasoline prices may increase further with an increase in the fuel excise tax

Brussels wants to raise the excise tax on fuels by HUF 32.5, so Hungary is asking the EU for an exemption until the end of 2023 – Világgazdaság has learned....

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The food price cap may remain until Easter

According to the latest press reports, the government would extend the price freeze until Easter. In addition, the government envisages greater penalties than at present, as well as stricter controls,...

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That’s why food prices have skyrocketed the most in Hungary

Food prices fell the most in Hungary, even though the war sanctions affect the whole of Europe, and the drought also hit Romania to a similar extent as our country....

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This is how consumer prices changed between November 2021 and November 2022

MTI published a telling table on the change in consumer prices, which also shows the 43.8 percent food inflation....

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Media campaigns are also becoming greener

Reducing carbon dioxide emissions is the most important tool in the hands of companies to fight against the effects of climate change. This area already receives a lot of attention...

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E-commerce: 60 percent of people still pay cash on delivery today

While in 2015, customers paid for 80 percent of products upon delivery, according to the GKI survey, today the situation is somewhat more favorable: only 60 percent ask for cash...

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MNB: according to the American economist, there is no green transition without cooperation

International cooperation and dialogue must be prioritized in solving global issues such as a sustainable, green transition – said economics professor Jeffrey D. Sachs, director of Columbia University’s Center for...

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AM State Secretary: a uniform EU nutritional labeling system is needed

Confusion is caused by the oversupply of nutrition labels on food packaging on the EU market, which is why the European Commission (EC) would introduce a harmonized system (FOPNL), which...

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Another product has entered the national tobacco shops

On December 7, the Parliament decided that as of February 1, 2023, herbal heating sticks will also be subject to a stamp. After a 150-day transition period, from July 1,...

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Coop Switzerland introduces milk in returnable glass bottles

In the first phase more than 100 Coop stores sell Naturplan organic milk in glass bottle packaging. Shoppers need to pay a deposit when purchasing the 1-litre product, and the...

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This year again, Mészáros Group is donating ten thousand food packages to those in need

As in previous years, Mészáros Group will donate ten thousand food packages to the needy through the Pro Filii Foundation, which coordinates its charitable activities, announced the general secretary of...

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K&H: the exchange rate change is a bigger problem than the lack of people, the companies say

According to 53 percent of SMEs, exchange rate fluctuations, lack of professionals, cost increases, inflation and material shortages together affect the operation of domestic businesses more than the coronavirus epidemic,...

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Electricity saving efforts by Delhaize Serbia

Delhaize Serbia has announced measures to save electricity and raise awareness about responsible consumption, in response to the growing energy crisis. The retailer will turn off all illuminated advertising in stores,...

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Pumpkin: delicious, healthy – and also used in the cosmetics industry

Every year more pumpkins are consumed in our country. Pumpkin is extremely healthy, and its imports are minimal – it is clear from the overview of the National Chamber of...

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13th Hungarian Treasures programme commences

The 13th Hungarian Treasures programme of Hungarian Product Nonprofit Kft. took 40 representatives of 30 trademark using companies to Szerencs and its surroundings. Managing director Eszter Benedek explained that the Hungarian...

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Alcampo, Ocado And Prologis Partner To Develop New Madrid CFC

Alcampo and technology company Ocado have partnered with property logistics firm Prologis, Inc. to develop a new customer fulfilment centre (CFC) in Madrid. Alcampo’s Prologis Park San Fernando DC3 will...

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