Market News
Consumer sentiment in Germany fell to a record low
The GfK Economic Research Institute in Germany measured a record low consumer sentiment index for July; the indicator fell from minus 26.2 points in June to minus 27.4 points, although...
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Less meat on the menu for Germany’s green summit
The leaders gathering for a G7 summit in southern Germany this weekend would normally have every reason to expect sumptuous Bavarian specialities like Schweinshaxe, a succulent pork knuckle dripping with...
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Consumer confidence in the United States has deteriorated more than expected
Consumer confidence in the United States deteriorated more than analysts expected in June. The Conference Board’s nonprofit economic research institute said on Tuesday that its consumer confidence index had...
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(HU) Szeretne átfogó képet kapni az online FMCG piacról?
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(HU) A művészet összeköt – híd a kulturális és a vállalati szféra között
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Coop Italia to launch 5,000 new private label SKUs
Coop Italia is to launch 5,000 new private label SKUs in the next two years – this move will increase its product offering by 50%.The aim of the initiative is...
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(HU) Negatív aratási rekordok várhatóak Békés megyében
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(HU) Sörgyártás, társasjáték és közgazdászképzés
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Read moreAldi becomes “official supermarket partner” of music festival Electric Picnic
Aldi has been named the “official supermarket partner” of the Electric Picnic music festival in Ireland, which will take place in September. This means that Aldi Ireland will set up...
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Bónusz Brigád: Shoppers stop online shopping when it seems difficult
The vast majority of online shoppers find out through internet search engines, half of the respondents get information from social media and newsletters, a third ask friends and acquaintances for...
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A zero-percentage SME loan can be applied for at MFB again
SMEs outside the Central Hungarian region can re-apply for a zero percent loan to maintain their financial stability at the Hungarian Development Bank, MFB informed MTI on Monday. The communication...
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NAV: two million forints of untaxed cigarettes were found on the M1 motorway
Financial inspectors found two million forints of untaxed cigarettes in two vehicles on the M1 motorway at Győr, the National Tax and Customs Administration (NAV) told MTI on Monday. It...
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In June, German industry considered its export opportunities more gloomy
Export expectations for German industry deteriorated in June, according to a survey by the Ifo Institute for Economic Research of the University of Munich. Sentiment among German exporters deteriorated slightly....
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Balázs Győrffy: “Food industry is a sector of strategic importance”
Our magazine interviewed Balázs Győrffy, president of the Hungarian Chamber of Agriculture (NAK). – How did the coronavirus pandemic affect the agri-food sector last year? – 2021 was very different...
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Valeo Foods buys Canadian maple syrup maker
Valeo Foods has revealed the acquisition of Canada-based Les Industries Bernard & Fils Ltd – one of the largest maple syrup companies in the world. The deal strengthens the Irish...
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(HU) FAO: A cél az élelmezésbiztonság és a fenntartható fejlődés a válságok és kihívások ellenére
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Magazine: Pasta Berruto combines tradition with innovation
In 2015 Pasta Berruto decided to expand its Carmagnola production plant by investing EUR 30m in a 10-year period. The company’s philosophy is that tradition and innovation have the same...
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The Consumer Goods Forum Global Summit focused on Resilience and Reinvention
The three days summit took place in Dublin on 20-23th of June and had as main focus issues of resilience and reinvention in the new era. Panels and discussions were...
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Analysts: the dynamic rise in earnings continued
Wage growth continued to be dynamic in April, and a shortage of labor could force employers to raise further wages for the rest of the year. On the demand side,...
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KSH: earnings increased by 15.9 percent
In April, the average gross earnings of full-time employees were 507,500 HUF, excluding public employees 518,500 HUF. The net average salary calculated taking into account the discounts reached 349,700 HUF,...
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NMHH: The number of sent text messages has decreased and the number of mobile calls has increased in recent years
Retail subscribers wrote and sent 714 million text messages with their mobile phones in 2021, but in 2018 that number still exceeded one billion; although the desire to send text...
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According to OTP analysts, the Romanian economy is expected to grow by 4 percent this year
Analysts at OTP Bank Romania say growth in the Romanian economy will slow this year due to high inflation, stagnant real wages, slowing global growth and the Russia-Ukraine conflict, but...
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Ifo’s German business sentiment index for June weakened more than expected
After two months of improvement, the ifo economic research index in Germany showed a larger-than-expected decline in June. In a survey conducted by the ifo Institute for Economic Research at...
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Spain exports less fruit and vegetables with growing sales
According to the Spanish Association of Exporters of Fruit and Vegetables, Fepex, Spain sold 4.7% less (4.7 million tonnes) of fresh fruit and vegetables abroad in the first four months...
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Fish-free seafood made from fungi and seaweed: scientists and Michelin-starred chef to develop product good enough for fine dining
A team of scientist from the Technical University of Denmark is collaborating with Diego Prado, head of research at Copenhagen’s two Michelin-starred restaurant Alchemist, to develop sustainable alt seafood through...
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Portugal To Extend Subsidy To Help Poorest With Food Inflation
Portugal will extend until September a subsidy of €60 a month to help the poorest families cope with food inflation, Prime Minister Antonio Costa has said. Speaking in parliament, Costa...
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Valser launches labelfree bottles
Valser becomes the first Swiss mineral water brand to dispence with labels, this means it can reduce the amount of packaging material used and take another step towards the full...
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Morrisons saves 16,000 jobs by acquiring McColl’s
Morrisons takeover of collapsed convenience store chain McColl’s means that the 16,000 staff and 1,100 shops have now been saved. With the deal the retailer has also rescued McColl’s two...
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Kaufland Commits To Local Sourcing For Own Brand Milk
German retailer Kaufland is expanding its cooperation with German farmers by committing to local origin for all its private label milk brands. Last year, Kaufland introduced the ‘Qualität aus Deutschland’ (‘Quality from Germany’)...
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Smurfit Kappa earns Vegan Society certification
Smurfit Kappa has become the first packaging company to obtain the Vegan Society trademark, for its corrugated packaging made in its Markham Vale site in the United Kingdom. What is more,...
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