Market News

The developer has revealed new details about the recently launched qvik payment system

The qvik payment service has been introduced in certain Príma stores, part of one of Hungary’s most significant domestic retail chains. Initially, the retail chain enables the implementation of qvik...

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Szallas.hu: last minute accommodation bookings continue to grow this year

The majority of accommodation bookings were for 1-2 nights last year, Hungarian travellers are planning shorter breaks, and experts at the accommodation booking portal Szallas.hu expect last-minute bookings to continue...

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This decision affects the entire soybean market

Chinese authorities have suspended soybean exports from five Brazilian companies after their shipments failed to meet phytosanitary requirements. The measure, which came into effect in early January, will last for...

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The plague of small ruminants virus has been detected in Zala County

The laboratory of the National Food Chain Safety Authority (Nébih) has detected the plague of small ruminants virus in the settlement of Szentgyörgyvölgy in Zala County. The disease has not...

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Product recall in Europe: Coca-Cola takes steps in several countries to protect health

Coca-Cola has recalled certain products in several European countries, including Coca-Cola soft drinks, Sprite and Fanta, after tests revealed high levels of chlorate in these drinks. The recall affects Belgium,...

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Galaxy Játékáruház Kft. has accumulated a serious tax debt

Galaxy Játékáruház Kft. has been added to the list of companies with a tax debt of over 100 million forints for at least 180 days by the National Tax and...

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Ferrero buys protein snack company Power Crunch

The purchase for an undisclosed amount expands the Nutella maker’s presence in the better-for-you category while increasing its U.S. footprint. Ferrero is buying Power Crunch from Bio-Nutritional Research for an undisclosed amount....

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The new housing market is exploding, prices continue to rise – Hungary’s leading developer is expanding by a thousand apartments

Experts unanimously expect a dynamic growth of the new housing market this year. According to the latest data, the recovery started at the end of 2024: in the fourth quarter...

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Eternal elegance

This article is available for reading in Trade magazin 2024/12-01 “According to NIQ retail data, the whisky category grew by approximately 5% in the last 12 months. Price competition is...

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Gen Z values in-store shopping

Digitally-native Gen Z shoppers are more likely to visit retail stores than older generations, with many saying they enjoy the experience of in-store shopping. That’s according to a new survey...

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SPAR Slovenia expands Ljubljana warehouse with €40 million investment

SPAR Slovenia is expanding its warehouse in Ljubljana with a modern 20,000m² facility to enhance the speed and variety of fresh, high-quality product deliveries to its stores. This €40 million...

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Signs of growth are already visible in the Hungarian retail sector

According to the latest statistics, the Hungarian retail sector is already showing signs of growth, but the pace of development lags behind the performance of neighboring countries. While the volume...

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The division of the world economy into Western and Eastern blocs poses many dangers

The global economic split into Western and Eastern blocs could cause damage on a scale that would exceed the economic impact of the 2008 global financial crisis and the pandemic....

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In Croatia, a boycott was held to protest inflation

In Croatia, stores were almost completely empty on Friday, January 24, after citizens joined a social media campaign calling for people to avoid shopping in protest against high inflation. According...

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The rise of alcohol-free wines: dynamic growth and domestic successes

The non-alcoholic wine market has shown significant growth in recent years, and the annual growth of the category is expected to exceed 7-10 percent in the coming years. Europe and...

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Beetroot is experiencing a renaissance in Hungary

Beetroot production and consumption have shown significant growth in Hungary in recent years. According to the National Chamber of Agriculture and the Hungarian Fruit and Vegetable Association (FruitVeB), the beetroot...

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More and more furniture stores and DIY store chains accept the SZÉP Card

More and more large furniture stores and DIY store chains are joining the SZÉP Card acceptance, which enables purchases for home renovation purposes. Most recently, Praktiker announced that customers can...

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An everyday nutrient bomb

Smoothies don’t just play an important role in health-conscious eating. This article is available for reading in Trade magazin 2024/12-01 Pre-packed smoothies represent a practical choice, providing a quick nutritional...

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KPMG at the World Economic Forum 2025: Collaboration for the Intelligent Era

KPMG will once again be a keynote speaker at the 2025 World Economic Forum (WEF) in Davos from 20-24 January. The main theme of the event is “Collaborating for the...

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AI integration and personalized services will be the hit of this year

The biggest technological challenges for the banking sector in 2025 will be the introduction and use of artificial intelligence (AI) in customer management and internal processes of financial institutions, meeting...

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Honey with Viagra is catching up

In recent years, Viagra honey, a product mixed with sildenafil or tadalafil and used as an aphrodisiac, has become increasingly popular in France. Honey, which contains the main active ingredient...

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Ominous signs in the sky of the German economy: layoffs at supermarket chains

German unemployment has remained low, but the country’s economy is facing increasing challenges. The wave of layoffs, which initially affected industry, has now also reached the service sector. In retail,...

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Perplexity now competes with the biggest players

AI-powered search engine Perplexity’s shopping assistant, launched in the US, not only allows product search and comparison, but also instant shopping. This article is available for reading in Trade magazin...

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Important deadline for beekeepers

Applications for support can be submitted from January 27 for the call for proposals entitled “Animal welfare support in the beekeeping sector”, which aims to preserve the health of bee...

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NGM: there is huge interest in the new cafeteria element

There is huge interest in the housing subsidy that can be applied for from January 1, the spokesperson for the Ministry of National Economy said in the program Vasárnapi újság...

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Ahold Delhaize is launching a range of 500 new private brand products in consistent packaging with labels in four languages, for its chains in Czechia, Greece, Romania and Serbia. The group is aiming to raise the sales share for private brands to 45 % by 2028.

Az Ahold Delhaize holland kiskereskedelmi csoport 500 új saját márkás terméket vezet be, egységes csomagolással és négy nyelvű címkézéssel csehországi, görögországi, romániai és szerbiai üzleteiben. A vállalat célja, hogy 2028-ra...

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Mercadona Customers Get Personalised AI Grocery Assistant

Customers of Spanish retail chain Mercadona can now access a personalised AI grocery assistant that aims to simplify the planning of weekly meals and grocery shopping. MercadonIA is an independent...

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German Outdoor Advertising Market Breaks Records in 2024

In 2024, the German outdoor advertising market surpassed the €3 billion gross revenue mark for the first time, increasing its share of traditional advertising spend to 9.2%, according to the...

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Generali research: Only a tenth of Hungarians think 2025 will be a fantastic year

The Hungarian population is less concerned about the spread of international war and more about inflation and further price increases, according to a representative study by Generali, which examined the...

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Péter Szijjártó: the government treats the food industry as a sector of strategic importance

The government treats the food industry, which currently employs around 145,000 people, as a sector of strategic importance, and 287 large investments worth 1,400 billion forints have been made in...

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