Market News
Magazine: Chocolate tablet brands are thinking big
Date: 2022-05-23 06:54:26
Chocolate tablets benefitted from the first year of the pandemic: many shoppers put them in their baskets, instead of impulse chocolate bars or pralines purchased for some kind of occasion....
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(HU) Az áprilisi hatalmas javulás után májusban az üzleti és a fogyasztói várakozások is jelentősen romlottak
Date: 2022-05-23 03:09:57
Sorry, this entry is only available in HU....
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New study unveils how the CAP is contributing to animal welfare and antimicrobial use reduction
Date: 2022-05-22 17:44:42
The European Commission published a study examining how the Common Agricultural Policy (CAP) 2014-20 contributed to improving animal welfare and reducing antimicrobial use. The study provides a snapshot of the...
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K&H: The income situation of the population improved in the first quarter
Date: 2022-05-21 11:24:51
The income situation of the Hungarian population improved in the first quarter. The income of an average household amounted to 414,000 HUF, which corresponds to a record level in the...
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Watermelon will become very expensive
Date: 2022-05-20 11:53:24
Instead of last year’s 3,500 hectares, growers have planted watermelons on only about 2,800-3,000 hectares this year. Due to the jump in production, transport and labor costs, we cannot expect...
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Internet services market is changing
Date: 2022-05-20 11:25:01
The market for online services has changed, customers are making more cautious decisions, more and more people are buying at the last minute, and the range of services they are...
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Ministry of Agriculture: the conservation of biodiversity has a paramount importance
Date: 2022-05-20 11:17:13
The Ministry of Agriculture considers the conservation of biodiversity and the protection of our rich natural values, wildlife and natural habitats to be of paramount importance, the ministry told MTI...
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The number of British billionaires has set a record
Date: 2022-05-20 11:02:06
The number and wealth of billionaires living in Britain rose to another record, although the wealth situation of some major Russian investors has been severely challenged by sanctions imposed on...
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Flammable cigarettes were recalled in Canada
Date: 2022-05-20 11:00:15
Non-compliant standard-length Viceroy Full cigarettes manufactured between September 2021 and March 2022 that were recalled by the Canadian Health Service, 444.hu wrote. The regulations stipulate that cigarettes manufactured or imported...
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Merger by Sweden’s Mathem and Mat.se
Date: 2022-05-20 10:59:30
Swedish online grocer Mathem is waiting for an approval from the Swedish Competition Authority, after it has completed its merger with Mat.se. This deal makes Axfood the second largest owner...
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Morrisons teams up with coffee pod recycler Podback
Date: 2022-05-20 10:03:31
UK retailer Morrisons has announced a partnership with recycling scheme Podback, which was started by Nestlé and Jacobs Douwe Egberts UK. Customers can recycle coffee pods with the help of...
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Speed Dating to find the real thing
Date: 2022-05-20 08:44:11
Hungarian Product Nonprofit Kft. has held its usual year-starting marketing forum in a special format: they invited trademark users to a Speed Dating event to a multiplex cinema in Budapest....
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Magazine: Pepper is small…but its price is getting bigger
Date: 2022-05-20 06:54:30
Nowadays it isn’t Covid-19, but the consequences of the pandemic and the war in Ukraine that make spice companies nervous. Ágnes Szűts, marketing manager of Kotányi Hungária Kft.: “Further sales...
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Matolcsy: two-year competitiveness program needs to be launched
Date: 2022-05-19 11:35:28
The central bank is proposing a two-year competitiveness program to the new government to restore the “dramatically upset” balance. The 12 pillars and 144 proposals of the Sustainable Balance and...
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The EP has approved the introduction of a global minimum corporate tax rate
Date: 2022-05-19 11:10:58
MEPs have approved a Commission proposal to make an international agreement on a global corporate tax rate of at least 15% mandatory, the EU parliament said on Thursday. At the...
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British inflation on a forty years peak
Date: 2022-05-19 11:02:09
Annual British inflation has accelerated in April for a four decades peak. According to a report by the British Bureau of Statistics (ONS) on Wednesday, the twelve-month consumer price index...
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Carrefour enters the Israeli market in cooperation with Electra Consumer Products
Date: 2022-05-19 10:44:52
As part of its international expansion, French retailer Carrefour has entered into a franchise agreement with Israel’s Electra Consumer Products and its subsidiary Yenot Bitan. Carrefour will open stores under...
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Rohlik Group trials automated warehouse systems
Date: 2022-05-19 10:03:10
Rohlik Group – the parent company of Kifli.hu – has launched a pilot project with BRIGHTPICK, for increasing the efficiency of warehouse operations with the help of automation and robotics....
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Cats dominate
Date: 2022-05-19 09:54:29
Last year value sales were up 10% in the pet food market. Anna Tuyaerts, Nestlé’s Purina brand manager: “Upgrading to higher quality products was driving sales, together with the spreading...
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Mondi invests EUR 280m in corrugated board packaging
Date: 2022-05-19 09:45:41
Packaging company Mondi plans to invest EUR 280m in corrugated board packaging operations. The goal is to boost production and improve efficiency, as Mondi will invest EUR 185m in its...
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According to a survey, Hungarians would spend at least HUF 6,000 a month on private health insurance
Date: 2022-05-19 09:45:02
The majority of Hungarians do not have private health insurance, although there is a serious demand for it from the population; Respondents expect the service most quickly and easily, according...
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One third of consumers choose food based on environmental impact, according to a survey
Date: 2022-05-19 09:25:16
In Hungary, consumers no longer choose food based on prices, 36 percent of them also take environmental impacts into account, according to a representative survey, Danone Magyarország Kft. told MTI...
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Lidl already has more than 700 stores in Italy
Date: 2022-05-19 08:59:52
Lidl has more than 700 stores in Italy, following the opening of 42 new outlets during its 2021-2022 fiscal year, which ended on 28 February. In March the discounter celebrates...
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Hell: Hungarian milk containing Energy Coffee conquers new markets
Date: 2022-05-19 08:35:40
Szikszó-based Hell Energy Magyarország Kft. doubled is aluminium can production capacity to 3 billion/year last year. From their new innovations iced coffee Energy Coffee Coconut, which is made with lactose-free...
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Uber: Spanish regulation protecting couriers leads to workforce shortage
Date: 2022-05-19 07:35:51
Uber Eats says that a Spanish law passed last year – this requires food delivery companies to contract their couriers as staff – has caused a workforce shortage, as many...
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Magazine: Introducing a global minimum tax
Date: 2022-05-19 06:43:56
Taxing the digital economy and introducing a global minimum corporate tax are on the table both in the Organisation for Economic Co-operation and Development (OECD) and the European Union (EU)....
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Six out of ten Hungarians buy bread every day, according to a survey
Date: 2022-05-18 11:30:52
Six out of ten Hungarians buy bread every day, and an average household consumes 1.6 kilograms of bread a week, JÓkenyér told MTI on Wednesday. According to the online survey,...
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The situation is getting worse from west to east on the wheat front
Date: 2022-05-18 11:23:08
Hungary is characterized by a strong duality on the wheat front: while everything is in order in the western part of the country and there are great prospects for the...
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Domestic apricots and peaches yields will be better this year
Date: 2022-05-18 11:23:02
Yields of most summer fruits are expected to be slightly better than in the last two years, and the good news is that after the shortages of 2020 and 2021...
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K&H: Online credit is spreading
Date: 2022-05-18 11:20:58
Digital solutions are also becoming more and more popular in lending, the K&H Group already requires more than 50 percent of disbursed personal loans online, and the average amount of...
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