Market News
Cactus switches to more sustainable communication
Date: 2022-10-03 14:00:05
Luxemburg-based retailer Cactus has announced a new, more sustainable marketing and communications strategy. From 1 September the new strategy will see the retailer announce more promotions through the Cactus app,...
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Shopify rolls out a new POS hardware
Date: 2022-10-03 13:59:54
In an effort to take on PayPal and Square’s solutions on its mission to elbow into the bricks-and-mortar retail sector, Shopify has unveiled a new point-of-sale (PoS) technology. The new...
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Italian chocolate brand Pernigotti ends up at JP Morgan
Date: 2022-10-03 13:48:33
Italian chocolate brand Pernigotti has been acquired by JP Morgan Asset Management, for an undisclosed sum. It was in 2018 that Pernigotti decided to cease production in its factory, which...
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Gorillas adds new private label products
Date: 2022-10-03 13:32:09
In an attempt to become more profitable, quick commerce giant Gorilla has announced the expansion of its Gorillas Premium and Gorillas Daily private label ranges, The launch of the two...
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Carrefour stores sell vegetable-based beer in Poland
Date: 2022-10-03 13:28:49
Carrefour Polska has launched a vegetable beer range in Poland, which it claims is a first of its kind in the country. Sourced from Nook Brewery, the vegan beer is...
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Nestlé: Vegan KitKat becomes available across Europe
Date: 2022-10-03 13:20:16
Nestlé plans to introduce the vegan version of KitKat across Europe, following a successful pilot in the UK and some other countries. KitKat V is made in Hamburg and it...
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These changes are needed in retail to succeed
Date: 2022-10-03 12:53:46
In one of Deloitte’s latest studies on the prospects of the retail sector, published in 2022, the authors analyze the opportunities and challenges facing the industry based on various international...
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Morrisons launches planet-friendly eggs
Date: 2022-10-03 12:15:15
Morrisons is the first supermarket to launch a line of carbon-neutral eggs, as part of the retailer’s pledge to be directly supplied by zero emission British farms by 2030. The...
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The amount of salt and sugar in LIDL products continues to decrease
Date: 2022-10-03 12:01:42
As a responsible company, Lidl Hungary is committed to promoting healthy nutrition, as evidenced by its commitment in 2019, according to which it will reduce the added salt and sugar...
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The effects of climate change are unquestionable
Date: 2022-10-03 11:42:34
According to the monthly tracking research What Worries the World by Ipsos, only 10% of Hungarians were of the opinion in the last six months that climate change was one...
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With its new campaign, Nespresso protects coffee from the effects of climate change
Date: 2022-10-03 11:09:43
In The Empty cup campaign starring George Clooney, Nespresso highlights the risk climate change poses to coffee-growing communities and reaffirms the brand’s long-term commitment to preserving the world’s best coffees...
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KSH: in July, the shortfall in foreign trade was 1.3 billion euros
Date: 2022-10-03 10:39:01
In July, the value of exports expressed in euros increased by 12.8 percent and imports by 24.1 percent compared to a year earlier, the deficit increased by 1.123 billion euros...
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Half of the employees in the private sector are dissatisfied with their salary
Date: 2022-10-03 10:29:11
The effects of economic difficulties on the labor market are only gradually and delayed. 49 percent of employees working for companies are dissatisfied with their salary, and 52 percent plan...
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A Hungarian company can build the most modern waste treatment plant in the Balkans
Date: 2022-10-03 10:26:07
An exemplary innovation project is being launched in the Serbian border town, within the framework of which hydrogen fuel can be made from discarded diapers. Waste management is one of...
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KFC tests vegan chicken nuggets
Date: 2022-10-03 10:25:49
Back in 2019 KFC had introduced its plant-based vegan chicken burger in the United Kingdom, which soon became very popular. A bit later KFC started testing vegan chicken burgers and...
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A turnaround is expected in the labor market, but its extent is not yet visible
Date: 2022-10-03 09:42:52
This summer, companies scaled back the intensity of their recruitment, but there is still no noticeable change in the labor market. There were fewer job advertisements this year in the...
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The vicious circle of food waste and climate change can be broken with simple solutions
Date: 2022-10-03 09:21:48
Food. We produce it, harvest it, process it, pack it, transport it, distribute it, give it away, make it, and then throw it away. Every year, 14% of the food...
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The P&G ECO Habits was launched with the participation of thousands of children environmental education program
Date: 2022-10-03 08:15:51
The aim of environmental education is to promote environmentally conscious behaviour, responsible living for the environment, and to preserve and maintain the harmony of nature, including human society. Education and...
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High interest expenses continue to burden Lidl’s profits
Date: 2022-09-30 11:11:09
Lidl’s international business can slightly increase its profitability in the fiscal year 2023/2024. Skyrocketing interest expenses cancelled out improved gross margin and stable staff costs. Investments in new stores and...
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Innovative solutions and joint action are needed to achieve climate neutrality in our country
Date: 2022-09-30 11:09:28
Hungary has set itself the goal of achieving climate neutrality by 2050, which requires innovative solutions and joint action – the Deputy State Secretary responsible for environmental protection of the...
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Fresh domestic grapes are a healthy treat
Date: 2022-09-30 10:00:41
In our country, nearly 1,000 hectares of table grapes are grown. Due to its high vitamin and mineral content, the early autumn delicacy is not only delicious, but also healthy...
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Advance payments of direct grants will begin soon
Date: 2022-09-30 09:00:10
As of October 17, Hungary will – as in the past years – start paying advances to farmers in the case of direct subsidies. In the case of EU-funded direct...
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The adaptability of Hungarian livestock breeding gives hope for a successful future
Date: 2022-09-30 08:00:48
The past 150 years also prove the ability of Hungarian animal husbandry to cope with current challenges, stated Zsolt Feldman, the State Secretary responsible for agriculture and rural development of...
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The land sale program continues
Date: 2022-09-30 07:00:10
The National Land Center announced new plots of land smaller than 10 hectares for sale. In the same way as in the previous procedures, a purchase offer can be made...
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The source area of the Tisza was freed from an enormous amount of garbage
Date: 2022-09-29 14:55:18
About 280 tons of waste have already been collected and processed in the source area of the Tisza in Ukraine thanks to the joint Call-Action program of Diageo and the...
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According to KPMG, inflation drives customers towards substitute products
Date: 2022-09-29 12:05:02
The majority of people are worried and are changing their shopping habits because of high inflation. According to the KPMG Consumer Pulse Summer Survey, six out of ten consumers plan...
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We are on the right track, our food waste has decreased by a quarter
Date: 2022-09-29 11:55:17
Between 2016 and 2021, food waste in households decreased by 24%, it was revealed during the third waste assessment of the National Food Chain Safety Office (Nébih). According to the...
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KKM: foreign market activities of Hungarian exporting companies is helped with various tools
Date: 2022-09-29 11:46:40
Sorry, this entry is only available in HU....
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’Healthy’ gets a new definition from FDA
Date: 2022-09-29 11:06:00
The FDA issued new guidelines for “healthy” food that vary based on the product type, with a baseline nutrient density for each. All foods that can be labeled as “healthy” bolster the...
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Exchange rate, inflation, energy, labor shortage: these were the main topics of the Northeast Hungarian Regional Economic Forum
Date: 2022-09-29 11:00:41
On September 27, business leaders from a total of 6 counties met in Debrecen to discuss the elements of the economic environment affecting companies, as well as the most fundamental...
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