Market News
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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The general meetings have decided: the giant bank will be created
On December 9, the general meeting of MKB Bank and Takarékbank accepted the second step of Magyar Bankholding’s merger schedule, and the general meeting of MKB Bank also decided to...
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Sainsbury’s taps L’Oréal to offer AI-powered skincare consultations
Sainsbury’s has teamed up with beauty retailer L’Oréal to offer AI-powered skincare consultations for shoppers. Staff at over 100 Sainsbury’s stores will be receiving iPads loaded with AI skincare tech by...
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Salary and benefits, what should be included in the job advertisement?
One of the most difficult parts of a job advertisement to write is the “What we offer” section. While we have a concrete idea of what kind of duties we...
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Katjes to buy dental care brands from Henkel
Katjes has announced the acquisition of Henkel’s oral care business, including the brand rights, through its subsidiary Bübchen Bodycare. The acquired brands generated net sales of more than €50 million...
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Employee loyalty can be strengthened even without a wage increase
In addition to the SZÉP card, company programs, telephone or laptop, company cars and training are the most popular non-standard benefits at domestic companies, according to a survey of more...
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The new common agricultural policy helps farmers with significant resources
In the new EU support period between 2023-2027, the common agricultural policy offers Hungarian farmers a variety of choices. Acquaintance with the new rules is now one of the most...
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Food price increase reaches 40% in October
Consumer prices elevated by 21.1% in October 2022, in comparison with October 2021. In one month prices became 2% higher on average. Food prices jumped 40% in comparison with October...
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Further sales decrease in FMCG retail in September
The Central Statistical Office (KSH) has reported: like-for-like retail volume sales were up 3% in September 2022; adjusted for calendar effects, the sales growth was also 3%. However, volume sales...
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Even more transaction data in the new OTP MobilBank
OTP Bank has made more transaction data available in its mobile bank service. As a result of development implemented in partnership with Mastercard, retailer logos and store locations on a...
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Coca-Cola HBC Magyarország enters the snack category
Coca-Cola HBC Magyarország is testing its latest biscuit brand in Hungary’s HUF 80bn snack market: MyWellness flavoured oat and functional biscuits are available in 19 Hungarian Auchan stores from November....
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KSH: Food prices rose by 3.6 percent in November
In November, consumer prices exceeded a year earlier by an average of 22.5 percent. In the past year, household energy and food prices have risen the most, the Central Statistical...
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UK Co-op uses Starship robots in Cambridge
Following a successful pilot period, UK retailer Co-op has launhced delivery robots in Cambridge, in cooperation with the Cambridgeshire County Council and Starship Technologies. Co-op’s delivery service is available to...
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Will the prices in the food chains rise again from January?!
Food manufacturers and food chains agree that future food promotions should be reconsidered, and that if the currently high raw material prices decrease in the future, food prices may also...
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GfK: The global market for consumer durables closes the year struggling with a slowdown
The global market for technical electronics and consumer durables (T&D) faces a challenging promotional season again this year. Despite this, the consumer electronics and IT categories remain very popular with...
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The state spends the most on advertising
Contrary to earlier pessimistic expectations, the Hungarian advertising market started to grow last year – similarly to other Central and Eastern European countries. Thanks mainly to public spending. In Hungary,...
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Together with the police, Nébih raided the illegal food producer
In November 2022, inspectors of the National Food Chain Safety Office (Nébih) raided an illegal food producer in Pest County in cooperation with the police. Many species of animals were...
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A fifth of domestic enterprises would overcome the challenges of the crisis with digitization
Hungarian businesses are predicting a difficult year for themselves: according to a recent study, they fear not so much the prolongation of the war situation or the energy crisis, but...
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This is how the Hungarians reacted to the fuel shortage and the end of the gas price freeze
In the last few days, questions about the lack of fuel have become an almost unavoidable topic. Anyone who uses the Internet has surely come across at least one or...
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Research: Hungarian employees are mostly supportive of people with disabilities
Almost half of the majority of employees have already worked with people with disabilities and most of them have positive experiences with working together. More than half of these employees...
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EM: the National Environmental Protection Program ensures the improvement of the country’s environmental condition
The purpose of the 5th National Environmental Protection Program (NPP) is to improve Hungary’s environmental condition, to protect the health and quality of life of Hungarian families and communities, to...
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The promotion of domestic agricultural products is of prime importance
The system of protected names is the key tool within the framework of the Common Agricultural Policy (KAP) with which agricultural products with registered geographical indications can be legally protected...
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European shoppers are under pressure, but Christmas is a ray of hope
According to Nielsen IQ’s Shopper Trends Pulse report, for which more than 7,700 interviews were conducted in 8 European countries, 92% of consumers feel that grocery prices are rising. They...
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The willingness of the domestic workforce to move has increased significantly
According to this year’s Trenkwalder Mobility Index, 53 percent of employees are willing to move from their current place of residence: two-thirds of them are thinking of a domestic destination,...
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Santa Claus Is Coming To WhatsApp With New Carrefour Initiative
Carrefour has teamed up with WhatsApp to offer a solution whereby shoppers can purchase a range of Christmas items through the platform, via the Père Noël de Carrefour (Santa Claus...
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Significant political tools help the modernization of the horticulture sector
The current challenges, including the drought and the drastically rising input prices, draw attention to the importance of developments that increase input efficiency and production security – said Sándor Farkas,...
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Metro Belgium to be acquired by foodservice competitor Sligro
Sligro is allowed to acquire Belgian wholesaler Metro, in combination with Van Zon. The verdict is in: the combination of Sligro and Van Zon has been approved as acquirers of...
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Coca-Cola Renews Partnership With FoodCloud And FareShare
Coca-Cola has announced that it has once again partnered with FoodCloud and FareShare for Christmas. The aim of this year’s initiative is to ‘redistribute over 143,000 meals across Ireland and...
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It is worthwhile to engage in sheep breeding, it will be in demand on the European market
There is a shortage of lamb meat on the European market and, according to forecasts, this will continue to be the case in the coming years; there will be a...
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Institute of Agricultural Economics: the agricultural machinery market continued to expand
Individual farms and social enterprises bought HUF 269.1 billion worth of new agricultural machinery and equipment in the first three quarters of this year, 69 percent more than a year...
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