Market News
More than 50 insect hotels support children’s environmental education
It is worth starting to shape attitudes among the youngest age group, said Bertalan Balczó at the presentation of the insect hotel project realized within the framework of the Green...
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SPAR launches a virtual influencer in Slovenia
SPAR Slovenia has introduced a virtual influencer called Sara, created with the help of artificial intelligence. Sara discusses social issues and the big questions of life in her posts on...
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EP: 30 percent of habitats must be restored by 2030
At the plenary session in Strasbourg, the European Parliament adopted a proposal for a regulation according to which the member states must restore an increasing number of habitats in degraded...
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Asahi on the hunt for overseas acquisitions
Asahi is looking for merger and acquisition opportunities in the US and overseas to quadruple overseas sales of its flagship Super Dry beer by 2030. The beverage giant took a...
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Sainsbury’s locks up booze in AI-enabled cabinets
Sainsbury’s has installed AI-enabled drinks cabinets in some of its stores in order to prevent shoplifters targeting expensive bottles of booze. The new self-locking ‘freedom case’ cabinets, which are made...
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Brussels must further reduce the administrative burden on farmers
Hungary has put forward a total of 45 proposals to the Belgian Presidency of the EU in order to reduce the administrative burdens of farmers, the strict regulations and the...
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Metro To Invest In Food Delivery Service Pro a Pro Spain
Wholesaler Metro plans to invest in Pro a Pro Spain as it seeks to expand its activities in food delivery services for the organised hospitality sector in the country. Wholesaler...
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The processing sales price of cut pork rose
According to the KSH data, Hungary’s live pig export decreased by 16 percent (32 thousand tons) in January-November 2023 compared to the amount in January-November 2022. The main partners were...
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Customers feel worse: how will this improve consumption?
According to the latest monthly economic survey of GKI Gazdaságkutátó, residential consumer prospects have significantly deteriorated in Hungary, which may also challenge local economic growth plans. The decline in the...
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Magyar Nemzeti Bank: Price caps did not help curb food inflation
Based on a study by the Magyar Nemzeti Bank (MNB), price caps did not reduce, but actually increased food inflation in the domestic market. During the period examined by the...
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A Danone Magyarország megszerezte a világ egyik legjelentősebb társadalmi-fenntarthatósági minősítését
A Danone kelet-közép-európai régiójának valamennyi országa, azaz a magyar mellett a cég romániai, bulgáriai, csehországi és szlovákiai üzleti egységei is elnyerték a B Corp™ minősítést. A cikk a Trade magazin...
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Apricots may become very expensive
As a result of the mild weather, apricots have begun to bloom in several places across the country, but gardeners are worried about the persistent frost, which could endanger this...
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Biedronka installs 15,000 self-service checkouts in Polish stores
Polish retailer Biedronka has installed 15,000 self-service checkouts in Poland, bringing the proportion of self-checkouts to 87% of the chain’s stores – there are now more than 3,000, with an...
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Unilever teams up with Perfect Day to develop lactose-free ice cream
The product will be sold under Unilever’s Breyers brand at retailers across the US. Unilever has partnered with US-based animal-free dairy producer Perfect Day to launch a new lactose-free ice...
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How retailers are leveraging AI chat
According to the 2024 Retail AI Chat Adoption Survey from conversational AI platform provider On, almost three in four (73%) surveyed C-suite executives from major U.S. retailers have already implemented AI chat...
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Russian discounter Mere relaunches as My price in Belgium
Active expansion in Serbia and the Baltics The Russian hard discounter Mere does not give up on Western Europe. After the no-frills operator in 2022 pulled the plug on its...
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Lidl Denmark Opens 150th Store
Lidl Denmark has announced that it has opened its 150th store in the country, in Østerbro. The new outlet is also Lidl Denmark’s first store in the Copenhagen municipality that...
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NAV: more than 25,000 liters of alcohol of unknown origin were seized by the tax inspectors in a distillery
The tax authorities seized more than 25,000 liters of alcohol of unknown origin in a distillery – the National Tax and Customs Office (NAV) informed MTI on Monday. According to...
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Tens of thousands of fake products were seized by financial officers at a market in Józsefváros
In recent days, the National Tax and Customs Administration (NAV) raided the Józsefváros Golgota út market, where tens of thousands of fake products and printing plates were seized by the...
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In February, the economic index of GKI decreased by 3 points
According to a survey conducted by the GKI Gazdaságkutató – with the support of the EU – in February, business expectations changed only within the margin of error, but the...
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In Hungary, approximately 20,000 businesses operate in the franchise system
According to estimates, more than 100,000 people are employed by franchise businesses in Hungary, which are characterized by the fact that they offer products or services connected to an established...
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Coffee, tea, cocoa can be luxury products
The prices of coffee, tea and cocoa may rise significantly in the near future: the combined effect of climate change and geopolitical tensions poses a serious threat to our wallets...
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In neighboring countries, food prices are already more than twenty percentage points lower
According to a recent research, food prices in neighboring countries are more than twenty percentage points lower than in Hungary. Based on a survey by the Magyar Nemzeti Bank, RTL...
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Hungarian winemakers across the border can also count on the support of the mother country
The Ministry of Agriculture pays special attention to the development of the historic Hungarian wine regions and to the support of the community of Hungarian winemakers abroad, stated István Nagy,...
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Gergely Suppan: the domestic labor market is stable
The domestic labor market is stable, and employment reached its peak after the regime change in Hungary, said the leading economist of the Ministry of National Economy (NGM) in the...
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The winners of the Debrecen wine competition were announced
This year’s winners of the city wine competition in Debrecen were announced in seven categories on Wednesday, at the local Mercur hotel. The winners can hold the title of Debrecen...
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The role of veterinarians is indispensable in domestic agriculture
Veterinarians play a fundamental role in protecting the health of animals, in combating infectious diseases and in examining the meat of animals intended for slaughter, Minister of Agriculture István Nagy...
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The European Commission would simplify the obligations and administrative burdens of farmers
The European Commission is proposing a number of short- and medium-term measures to reduce the administrative burden on EU farmers, the Brussels body informed on Thursday. Among other things, the...
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Russian Discounter MyPrice Makes Second Attempt To Crack Belgian Market
Russian hard discounter MyPrice, formerly known as Mere, hopes it will be second time lucky in cracking the Belgian market. After its previous attempt ended abruptly, the parent company has...
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Carrefour on track with ‘Digital Retail 2026’ strategy
Investment focus in CEE on Romania, while high competition in Poland lets franchise network dwindle Carrefour improves its financial soundness and moves ahead on its way to becoming Europe’s largest...
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