Market News
Takeaway fee, convenience fee – unexpected extra costs for purchases
More and more food delivery companies or retail players who undertake home delivery are incorporating additional costs, which are not always hidden costs, and they are not always proportional. “It...
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From January, a serious decline in the turnover of catering establishments is expected
70 percent of the population tries to save on food, gas and electricity consumption. 60 percent of the respondents gave up on restaurants, and 55 percent gave up on some...
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Colruyt Launches Points-Based Programme To Support Environmental Initiatives
Belgium’s Colruyt Group has developed a point-based programme through its Xtra app, to encourage responsible, sustainable shopping. Under the motto of ‘Making conscious choices is scoring points’, the scheme will...
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Mars Petcare To Acquire Pet Food Firm Champion Petfoods
Pet food giant Mars Petcare has signed a definitive agreement to acquire pet food company Champion Petfoods from an investor group led by Bedford Capital and Healthcare of Ontario Pension...
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After Herbs And Salads, Infarm Grows Wheat Indoors
Vertical-farming company Infarm has grown wheat on an indoor farm, using no soil or chemical pesticides, and much less water when compared to open-field farming. It claims to be the...
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Supply chain management issues in the food industry
In crisis situations supply chain management is strategically important for food companies. The war between Ukraine and Russia causes problems in the food sectors of many countries, as Ukraine is...
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Few people know this: this is how you can eat healthy, sustainable and cost-effective at the same time
More and more people know that we can reduce our negative impact on the climate by replacing animal-based foods with plant-based foods that have a lower environmental impact. Fortunately –...
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GVH has renewed its information on the influencer marketing
The Economic Competition Authority (GVH) has updated its information on influencer marketing in order to help market players with up-to-date practical advice in developing their law-abiding behavior, while also underlining...
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The EP adopted new reporting rules for multinational companies
At the plenary session in Brussels, the European Parliament adopted new reporting rules for multinational companies in order to make environmental, social and management issues transparent, the EU Parliament informed...
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Hungarian Product–Wolt partnership: Trademark-bearing products delivered in half an hour
Time and convenience are more and more important for consumers, while e-commerce is integrating into offline channels. This is why Hungarian Product Nonprofit Kft. and Wolt have started a new...
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Be energetic when it comes to energy!
According to Ádám Wilder, the director of BDO’s finance advisory division, not so long ago the number one energy-related problem of the European Union and Hungary was switching to greener...
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S’More flavoured drink collection from Pepsi
Pepsi has rolled out a limited-edition S’mores Collection beverage range, in response to the growing consumer demand for DIY desserts. S’mores Collection features three flavours – Toasty Marshmallow, Graham Cracker and...
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Irish group Musgrave buys Italicatessen
Irish food group Musgrave has acquired Italicatessen – an Italian food and wine supplier with more than 900 customers – for an undisclosed sum. The move will enable the SuperValu...
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Miklós Nagy: “We need to find the place of plant-based and compostable plastics as soon as possible”
Our magazine interviewed Miklós Nagy, secretary general of the Hungarian Association of Packaging and Materials Handling (CSAOSZ). – How would you describe the present situation of the Hungarian packaging...
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More than HUF 5,300 billion will be spent on Hungarian agriculture
The adoption of the Strategic Plan of the Common Agricultural Policy is the basis of a safe food supply, Minister of Agriculture István Nagy announced on his social media page....
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Coca-Cola to restructure North American workforce with voluntary buyouts
Coca-Cola is planning to restructure its North American workforce through a “voluntary separation program” that will include employee buyouts. The company currently employs about 6,000 people in North America. Employees will...
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ALDI North acquires companies of the Altmühltaler Mineralbrunnen Group
ALDI Nord has acquired Altmühltaler Mineralbrunnen together with its production plants in Treuchtlingen and Breuna. The agreement was signed late on the evening of 9 November. The Altmühltaler Mineralbrunnen Group...
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KTK: a government announcement on support for small town shops related to price caps is expected on Monday, the new price caps will come into effect from Thursday
The price freeze on eggs and table potatoes will come into effect on Thursday, the Government Information Center (KTK) told MTI on Wednesday evening. They wrote: in order to protect...
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(HU) Ez az a 3 élelmiszer, aminek ára egy év alatt a legnagyobbat drágult
Sorry, this entry is only available in HU....
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Gulyás: the price cap is also extended to fresh eggs and table potatoes
The government has decided to extend the price freeze on fresh eggs and table potatoes until the end of the year, Gergely Gulyás, the minister in charge of the Prime...
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KSH: consumer prices increased by 21.1 percent in October
In October, consumer prices exceeded a year earlier by an average of 21.1 percent. Consumer prices increased by an average of 2.0 percent in one month, the Central Statistical Office...
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There was also the possibility of abolishing VAT on basic food items
The VAT on basic foodstuffs must be abolished temporarily, at least until the end of the year, said a representative of the Democratic Coalition (DK) at his online press conference...
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dentsu has opened a new chapter in reducing the carbon dioxide emissions of the media industry
The dentsu global agency network has announced that it is entering a new phase in its media decarbonization strategy. During 2023, the brand new planning function will appear in the...
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The labor market revived – the number of job applications increased by 25 percent
By autumn, the domestic labor market revived: the pace of job searches started significantly. In total, the number of applications submitted for advertisements increased by 25 percent compared to the...
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AM State Secretary: the new KAP strategy serves both sustainability and the interests of Hungarian farmers
In the Hungarian strategic plan of the Common Agricultural Policy (KAP), the Hungarian government concluded substantive agreements with Brussels that both serve the environmental sustainability goals and the interests of...
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MNB: food caused the acceleration of inflation in October
In October, the annual inflation rose by 1.0 percentage points compared to the previous month to 21.1 percent, which was mainly caused by the acceleration of food inflation. Food contributed...
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Food safety starts with the soil, the plant, and the plant product
Hungary, as a traditional agricultural country, has a particularly important part of its agricultural activities in plant protection – stated Márton Nobilis, the State Secretary of the Ministry of Agriculture...
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Carrefour uses robots to sell products in Poland
Together with its strategic partner PepsiCo, Carrefour Poland, has started a pilot promotional programme in Poland using self-driving eRobots. Two devices, selling Pepsi beverages and Lay’s crisps, are already operating...
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More than 50 firms join SPAR Austria’s initiative
SPAR Austria launched its sugar-reduction initiative in April 2019, which now has 52 members. The industry-wide scheme seeks to cut the sugar content of foods, and to provide targeted information...
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Beyond Burger to roll out in over 1600 Rewe shops in Germany
In Germany, Beyond Meat, the producer of plant-based meat, is expanding rapidly. Starting this November, the Beyond Burger products will be available in over 1,600 Rewe shops throughout Germany. The...
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