Market News

Czech retail sales increased

In August, the value of retail sales in the Czech Republic increased by 4.1 percent year-on-year calendary adjusted, the Czech Statistical Office said in Prague on Friday. Czech retail has...

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It would not only be good for agriculture if more cabbages were to be consumed

As in the past year, about 4,000 hectares of brassicas are grown in Hungary in 2021. Syngenta said at its professional event in Ócsa that the hungarian consumption of fresh...

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In the service of value and quality

On 9 September, the Value and Quality Awards were presented to the winners for the fourth time in the building of the Hungarian Parliament. Organised by DIAMOND Szervezőiroda Bt., ExVA...

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Here’s AMC’s new business development program: the Hungarian Food Business Program

The Agricultural Marketing Centre presented online, real-time food catalogue and event management software under the name of Hungarian Food Business Program in the 80th century. National Agricultural and Food Exhibition...

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The Kiváló Minőségű Élelmiszer (KMÉ) trademark is on the screen again

The Agricultural Marketing Centre (AMC) is launching a national media campaign to promote the High Quality Food (KMÉ) trademark in cooperation with the Ministry of Agriculture (AM) and the National...

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FAO Food Price Index rises further in September

World food commodity prices rose in September, led by tightening supply conditions and robust demand for staples such as wheat and palm oil, the Food and Agriculture Organization of the...

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Analysts: pension premium payment could give another boost to retail sales

Retail sales growth accelerated somewhat in August, but the pace is still below pre-pandemic levels. Demand may strengthen further in the coming months, and the payment of the pension premium...

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The members of Magyar Bankholding help the agricultural sector with huge loans

The member banks of Magyar Bankholding, Budapest Bank, MKB Bank and Takarékbank, have a total loan and leasing portfolio of almost 500 billion HUF in the agricultural sector, which together...

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Producer price growth in the euro area slowed in August

Producer prices in the euro area rose less in August than in the previous month and than expected, according to a report published by the European Union’s statistical office, Eurostat,...

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The value of online orders increased by 76 percent in the first nine months in Romania

The value of orders placed in online commerce in Romania increased by 76 percent and the number of orders increased by 54 percent in the first nine months, compared to...

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This year’s French wine production could be 27 percent lower than last year

The French Ministry of Agriculture has published a somewhat more optimistic forecast for wine production this year, which is expected to be 27 percent lower than last year. On Thursday,...

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Śnieżka Group: Paint market has returned to pre-pandemic levels

A Śnieżka Csoport értékelése szerint az idei első félévben a festékpiac visszatért a koronavírus-járvány előtti működéséhez, emellett a prémiumtermékek iránti fokozott vásárlói érdeklődés tartósnak bizonyul mind Lengyelországban, mind Magyarországon. A...

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The year of opportunities and challenges in the oral care market

According to Boglárka Hering, GSK’s consumer healthcare brand manager, oral care product value sales were growing below the level of the inflation rate in the first six months of 2021,...

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Growing wheat costs are a challenge for Barilla

Tight global wheat supplies and soaring raw material prices are posing a challenge for Italian pasta maker Barilla (established in 1877) – at the same time also exposing fragility in...

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Aldi’s Polish expansion

Aldi is planning to open seven stores in Poland in September, as it intends to have 200 units across the country by the end of the year. The discounter has...

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Swiss company Emmi to buy US feta cheese brand Athenos

Swiss dairy company Emmi has bought US feta cheese company Athenos from Lactalis Group for an undisclosed sum. This step will help Emmi to strengthen its position in the US...

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Lidl Serbia promotes local products with new private label

Lidl Serbia has recently launched a new private label brand, S ljubavlju, domaće (With love, local), consisting of about 80 products made by local producers. Lidl says the new product range...

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Czech retailer Albert introduces digital price tags in more stores

Until the end of the year Czech retailer Albert plans to introduce digital price tags in another ten stores. The retailer has already installed more than 500,000 electronic price tags...

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Bulgaria’s Fantastico Group opens new store and entertainment complex in Pernik

Bulgarian retailer Fantastico Group (established in 1991) has unveiled a new multi-use retail and entertainment complex in Pernik. The new 10,753m² complex opened in August and took 10 months to...

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Polish beer brand Żubr helps Biebrza National Park

Żubr has started a long-term cooperation with the Biebrza National Park in order to reclaim the land on its territory – about ٤٠ percent of the park is now privately...

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San Benedetto is still the No.1 non-alcoholic beverage in Italy

For the sixth year in a row, Acqua Minerale San Benedetto is the biggest player in the Italian non-alcoholic drink market. Fully Italian-owned company San Benedetto had a 16.3-percent market...

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Aldi introduces first TikTok campaign

Aldi Nord and Aldi Süd have debuted with their first campaign on social media platform TikTok, with the groups teaming up with a number of influencers – who have nearly...

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Russia’s Yandex enters Paris with its Yango Deli service

Yango Deli is the name of Yandex’s online grocery service which makes its European debut in Paris. Yango Deli starts with four dark stores – strategically located around Paris –...

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Lidl Portugal rolls out canned wine

Lidl Portugal has launched two Portuguese canned wine products under its Adega Mãe brand – a rosé and a white wine. The discounter senses growing consumer demand for products that...

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Netto Marken: NutriScore label on private label products

German discounter Netto Marken-Discount is extending the Nutri-Score label to both organic and conventional private label products. Thanks to this, customers will be able make better choices in terms of...

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Lidl Italia commits to further reduction in plastic use

As part of the Schwarz Group’s REset Plastic strategy, Lidl Italia has pledged to take further steps to reduce plastic packaging. The discounter seeks to achieve an average of 20...

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Minibar Delivery and 7-Eleven offer new service together

7-Eleven and alcohol delivery service Minibar Delivery have joined forces for a new service: delivering beer and wine to homes in select markets. The service will first launch in 600...

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Irish Distillers launch Virtual Irish Whiskey Academy

In its Midleton distillery Irish Distillers launched an interactive education programme on the secrets and crafts of Irish whiskey production, called Virtual Irish Whiskey Academy. During the 3-hour course international...

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Germany’s Delivery Hero buys stake in British company Deliveroo

Germany’s Delivery Hero has acquired a 5.09 percent stake in online food delivery rival Deliveroo. Thanks to this, the UK-based company’s share price reached a new height since listing on...

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Aldi Süd: Customers can now also pay with Alipay

In Germany Aldi Süd is the first retailer in the stores of which mobile payment methods include Alipay too. Alipay’s popular QR code payment makes both shopping and payment easier...

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