Market News
One of the most basic foods will cost a lot for a long time
Date: 2022-10-05 13:11:53
Eggs are expensive and will remain so for a long time – production costs have tripled or quadrupled. Today, shops can charge up to HUF 1,000 for a box of...
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Pilota keksz is missing from the shops, there will still be a shortage of stock for quite some time
Date: 2022-10-05 12:46:38
There have been no Pilóta keksz in Hungarian stores for about a month. Mondelez Hungária Kft., the manufacturer of the popular product, refers to the difficulties affecting their production capacity,...
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UN forum: instead of the green transition, survival has become the primary consideration
Date: 2022-10-05 11:20:54
If we don’t make the green turn, humanity has no future – pointed out the President of the UN General Assembly on Tuesday at the Hungarian-organized round table forum on...
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This is what Hungarians give up during the crisis
Date: 2022-10-05 11:00:49
Restaurants, holidays, culture – these are the things that Hungarians are ready to give up in times of crisis. 80 percent of people are in a worse financial situation than...
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New marketing director at the head of Zwack
Date: 2022-10-05 10:55:31
From September 2022, Gábor Dávid Kovács is the marketing director of Zwack Unicum Nyrt. The economist comes to the position with four years of experience in an international advertising agency...
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Payment discipline in Hungary fell to the level of 2015
Date: 2022-10-05 10:12:31
After an improving trend until 2019, the proportion of late payments and bad debts increased significantly as a result of the pandemic and the energy crisis. Exactly 76% of bills...
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Apple, the protection of nature
Date: 2022-10-05 10:00:57
The average annual consumption of apples per person in our country is 16-19 kg. In order to increase this amount, the Ministry of Agriculture, the Agrarian Marketing Center and FruitVeB...
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Aunt Bessie’s support visually impaired shoppers with on pack technology
Date: 2022-10-05 09:23:08
In a first within the frozen category, Aunt Bessie’s has introduced NaviLens technology to the packaging of two of its biggest selling SKUs, as it partners with the Royal National...
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Tereos To Close Romanian Sugar Factory After Takeover Talks Fail
Date: 2022-10-05 09:14:14
French sugar and ethanol group Tereos has decided to close and dismantle its factory in Romania after talks with a local company interested in taking over the plant failed to...
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Co-op looking to triple number of franchise stores as part of new food strategy
Date: 2022-10-05 09:08:06
The Co-op is to triple the number of its franchise stores over the next three years as part of a new food strategy outlined by new Group CEO Shirine Khoury-Haq....
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KSH: this year, the yield of the five main ear crops did not reach 6 million tons in Hungary
Date: 2022-10-05 09:00:32
Due to the lack of rainfall and heat waves, the yield of the five main grain crops – wheat, barley, rye, oats and triticale – fell significantly: the harvested amount...
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A significant part of electronic waste ends up in unknown places
Date: 2022-10-05 08:11:59
Electronic waste is becoming a growing problem worldwide: in 2019, for example, 53.6 million tons were generated, more than 80% of which ended up in unknown locations – unofficial landfills,...
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Nestlé launched a program for the introduction of soil regeneration agriculture in Western Transdanubia
Date: 2022-10-05 08:00:52
Nestlé Hungária would encourage the transition to soil-regenerating agricultural practices with the program it initiated in the Western Transdanubia region. In addition to protecting the region’s natural values, the initiative...
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The value of rail transport has increased for the domestic grain market
Date: 2022-10-05 07:00:29
In order to reach the markets of Ukrainian grain in Africa and the Middle East, in addition to securing the reopened sea corridor for export, the maintenance and expansion of...
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Deliveroo Opens Brick-and-Mortar Grocery Shop in Central London
Date: 2022-10-04 16:23:45
Deliveroo Plc is opening its first physical grocery outlet in the UK on central London’s New Oxford Street in an expansion of its rapid delivery service. Customers will be able...
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(HU) Megnyerte a csokinyuszi-pert a Lindt&Sprüngli
Date: 2022-10-04 15:23:53
Lindt & Sprüngli’s foil-wrapped chocolate bunnies deserve protection from copycat products, Switzerland’s highest court ruled on Thursday, and ordered German discounter Lidl to stop selling a similar product in Switzerland...
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Maersk CEO Expects ‘Modest’ Pick-Up In Trade For Holiday Season
Date: 2022-10-04 13:11:59
.P. Moller-Maersk’s chief executive said he expects a “modest” pick-up in trade for the upcoming holidays this year amid concerns about the slowing global economy and consumer demand. “Volumes headed into...
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The foreign trade of the food industry closed with a surplus of almost HUF 900 billion in the first half of the year
Date: 2022-10-04 12:32:57
The value of exports of the agriculture and food industry exceeded the amount of imports by almost 900 billion forints (2,136 million euros) in the first half of the year...
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Green financing: supported environmental protection
Date: 2022-10-04 11:31:35
BDO Hungary became a member of the “club” of green financing consultants accredited by the Budapest Stock Exchange (BÉT). The European Union reimburses half of the consulting fees of the...
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BMI: Contraction in September after a long expansion
Date: 2022-10-04 10:13:29
The seasonally adjusted September value of the Purchasing Manager Index (BMI): 49.6. Compared with the previous September values, this year’s value is lower than the long-term average for this month...
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It is now so important for customers to use energy-saving devices
Date: 2022-10-04 08:36:36
Customers consider it important that their devices are energy efficient, however, most of them are not aware of the meaning of energy labels, and not everyone is willing to pay...
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Nébih’s new cooperation agreement can speed up the licensing of plant protection products
Date: 2022-10-04 08:26:09
The fact that the National Food Chain Safety Office (Nébih) has concluded a cooperation agreement with NEVEX Institute Kft. can speed up the licensing of plant protection products, Nébih told...
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Generation Z and X employees are the most dissatisfied
Date: 2022-10-04 07:59:51
Managers are too optimistic about the happiness of their employees, according to the latest research by the Capgemini Research Institute. Based on a survey involving 750 managers and 1,500 employees,...
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Mastercard Economics Institute: this is what consumers spend the most on during the crisis
Date: 2022-10-04 07:57:52
In the midst of an ever-changing and unprecedented global economic climate, consumer decisions about purchases and spending can help show what tomorrow holds. The Mastercard Economics Institute’s “Shifting Wallets” research...
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Many people take their dogs with them to work
Date: 2022-10-04 07:17:55
More and more owners think so: they want to spend as little time as possible without their favorite four-legged friend, and if they get the chance, they take it with...
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Hungarian-Uzbek agricultural relations are getting a new boost
Date: 2022-10-04 07:00:20
Minister of Agriculture István Nagy signed three agreements on the development of horticulture and greenhouses, viticulture and winemaking, and the work plan for the period 2023-2024 with Aziz Voitov, head...
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Value and Quality are recession-proof!
Date: 2022-10-03 20:40:22
On 8 September the Value and Quality Awards were presented to the winners for the fifth time, in the building of the Hungarian Parliament. This year 41 entries by 34...
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Continente stores sell Gosh! products
Date: 2022-10-03 20:22:13
Continente stores are the first in Portugal to sell the plant-based products of British start-up Gosh! The retailer offers eight products (five refrigerated and three frozen), comprising 100% natural, plant-based...
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Kaufland reduces the salt, sugar and fat content of more than 300 private label products
Date: 2022-10-03 20:15:07
Kaufland has cut the salt, sugar and fat content of more than 300 private label products since 2018, and the retailer plans to do the same with another 200 products...
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Inflation manifests in retail trade with a delay
Date: 2022-10-03 20:10:07
In most cases strong market competition delays the price increase of products sold in e-commerce – reported the price comparison website Olcsóbbat.hu, having analysed the price changes of more than...
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