Market News
McDonald’s Korea launches voice-guided kiosks, a first in Asia
Date: 2024-09-16 09:44:18
McDonald’s Korea has introduced voice-guided self-service kiosks at some of its Seoul locations, making it the first fast-food chain in South Korea to do so. They did this to make...
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Croatia’s Studenac Targeting 3,400 Stores By 2028
Date: 2024-09-16 09:14:26
Croatia’s largest retail chain by store count, Studenac, sees significant potential for further expansion, according to Dragan Baškarad, a member of the retailer’s management board. Speaking during a conference organised...
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Bottle return machines may move to new locations in grocery stores
Date: 2024-09-13 12:39:47
Leading grocery store chains are increasingly planning to move bottle return machines from inside stores to outside, G7 reported. The current internal placement of machines, especially in busy stores, does...
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Milk, honey and eggs: Drastic price increases and challenges for domestic producers
Date: 2024-09-13 12:27:03
Milk, honey and eggs, which are among the basic foodstuffs of Hungarian households, have faced significant price increases in recent years. Both producers and consumers are in a difficult situation,...
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Márton Nagy would use administrative means to encourage domestic purchases: what does this mean in practice?
Date: 2024-09-13 12:12:05
Minister of National Economy Márton Nagy is considering administrative steps to ensure that the Hungarian population prefers to spend its money at domestic rather than foreign-owned merchants – it was...
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Sustainable fleets, new challenges
Date: 2024-09-13 11:59:44
The leasing market is undergoing a big transformation. New financing schemes and flexible leasing solutions are becoming increasingly popular among companies. These new approaches make it possible for them to...
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Coffee without beans: environmentally friendly solutions are coming
Date: 2024-09-13 11:59:16
A neighborhood in San Francisco recently debuted a coffee drink made without the use of a single coffee bean – a new direction as a result of the innovation of...
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György Zsolt Papp was elected president of NAK
Date: 2024-09-13 11:57:49
The National Chamber of Agrarian Economy (NAK) held its national delegate meeting on September 13, 2024, where the organization’s new president was elected. At the delegate meeting, István Jakab, President...
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Why is Tokaj aszú cheaper in Switzerland than in Hungary?
Date: 2024-09-13 11:45:51
Although it may be surprising, in some cases a quality Tokaji aszu is cheaper in Switzerland than in Hungary. This contradiction highlights the challenges of the Hungarian wine market and...
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According to a survey, the majority in Hungary is open to artificial intelligence
Date: 2024-09-13 11:44:04
The majority is open to artificial intelligence (AI) in Hungary, but few still use it; although the proportion of those who believe they know what artificial intelligence is is 79...
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How do we use expired meat products? Nébih’s guide will help you navigate
Date: 2024-09-13 11:34:13
Nébih’s Remaining Without Remains program has been renewed Expired… Can I eat it? guide helps ensure that food can be used safely even after the expiration date. In previous articles,...
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Nut prices are rising in Hungary
Date: 2024-09-13 11:29:24
In recent years, the price of walnuts has risen significantly in Hungary, while the harvested quantity did not show a significant increase. Although the area of walnut plantations has expanded...
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Dutch retailer Albert Heijn fights food waste with AI recipes
Date: 2024-09-13 11:25:16
Albert Heijn’s new Scan&Kook initiative allows users to get personalised recipes based on photos of food products. This article is available for reading in Trade magazin 2024/8-9 The generative AI-powered...
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The situation of plums in Hungary: declining production areas and challenges in the processing industry
Date: 2024-09-13 11:22:29
The plum, which is a popular fruit worldwide, also has a significant history in Hungary. In recent years, however, the decrease in domestic cropland and fluctuating crop yields have posed...
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Another boost in the Hungarian wine industry
Date: 2024-09-13 10:39:25
In order for the Hungarian wine industry to strengthen its competitiveness and the recognition of Hungarian wine, new developments and innovations are always needed, said Minister of Agriculture István Nagy...
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Italian locusts have multiplied in two southern counties
Date: 2024-09-13 10:30:02
During the summer, the National Food Chain Safety Office (Nébih) received several reports from Bács-Kiskun and Csongrád-Csanád counties about the Italian locust, which is multiplying and causing significant damage. The...
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New measure to curb food waste by Coop Switzerland
Date: 2024-09-13 10:08:00
As part of its efforts to prevent food waste in the fresh meat category, Coop Switzerland is freezing certain fresh meat products on the expiry date and offering them at...
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The government provides significant support to the poultry sector
Date: 2024-09-13 10:00:28
Animal husbandry continues to play a prominent role in Hungarian agriculture, especially poultry processing, where, in addition to significant added value, the export capacity is also constantly increasing, stated Dr....
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Coop Italia Adds Over 5,000 Private Label Products in Past Two Years
Date: 2024-09-13 09:44:07
Over the past two years, Italian retail cooperative Coop Italia has added over 5,000 new private-label SKUs to its shelves. Between 2022 and 2024, the product expansion was a response...
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Carlsberg to build Kazakhstan factory amid new PepsiCo deal
Date: 2024-09-13 09:31:21
Carlsberg has bottling agreements with PepsiCo in Norway, Sweden, Switzerland, Cambodia and Laos. Carlsberg is to set up a production plant in Kazakhstan as part of a new distribution deal...
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György Zsolt Papp was elected president of the National Chamber of Agrarian Economy
Date: 2024-09-13 09:30:24
The National Chamber of Agrarian Economy (NAK) held its national delegate meeting on September 13, 2024, where the organization’s new president was elected. At the delegate meeting, István Jakab, President...
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UK government confirms ‘junk food’ advertising ban
Date: 2024-09-13 09:03:31
The restrictions on advertising products high in fat, sugar and salt (HFSS) will take effect on 1 October next year. The new Labour government has made good on a pre-election...
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Garden friendly circles maintain the traditions of Hungarian gardening
Date: 2024-09-13 09:00:37
We can be proud of the traditions of Hungarian gardening, which is worth maintaining and supporting, said Zsolt Feldman, the State Secretary responsible for agriculture and rural development of the...
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The domestic pear yield is at a ten-year low: The harvest volume continued to decrease this year
Date: 2024-09-13 08:06:28
The worst pear yield of the past decade can be observed in Hungary in 2024, reports Portfolio, based on the latest data from the National Chamber of Agriculture and the...
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August inflation surprise: Slowing monetary deterioration, improving purchasing power
Date: 2024-09-12 14:50:22
The latest inflation data from the Central Statistical Office (KSH) caused a significant surprise, as the rate of monetary deterioration slowed down to only 3.4 percent in August, which is...
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The Court of Justice of the European Union Condemned the Food Price Freeze: it violates free competition
Date: 2024-09-12 14:29:37
The Court of Justice of the European Union issued a judgment in which it classified the food price freeze introduced by the Hungarian government as contrary to EU law. According...
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More than charity – what is good CSR like?
Date: 2024-09-12 12:47:48
According to the K&H sustainability index from the first half of 2024, both large and small companies have seen a decline in CSR engagement owing to the difficult business environment,...
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The amount of fines that can be imposed by the GVH has increased
Date: 2024-09-12 11:58:51
From August 1, 2024, the Economic Competition Office (GVH) may impose even higher fines on businesses that violate the law. On September 1, 2023, the maximum amount of the fine...
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Amazon reaches milestone in speed of delivery
Date: 2024-09-12 11:42:11
Amazon has delivered more than 5 billion products worldwide in a single day, and increased its same- or next-day delivery rate by 30% year-on-year, the company announced. Tens of millions...
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The amount “expected” by pensioners has increased significantly
Date: 2024-09-12 11:31:12
In order to narrowly manage everyday life after retirement, an average of nearly HUF 240,000 would be needed per month, according to the K&H recent, middle-aged, secure future survey. According...
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