Market News
SPAR International And Circana Announce Strategic Partnership
SPAR International, the food retail chain, has announced a key partnership with Circana, a leading advisor on the complexity of consumer behaviour. SPAR country organisations will have access to Circana’s...
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Suntory to shift Irish whiskey bottling to Spain and Scotland
Japanese drinks giant Suntory has decided to move the bottling of three Irish whiskey brands made at its Cooley Distillery offshore. The distillery produces Suntory’s Kilbeggan, Tyrconnell and Connemara Irish...
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AM: Exploiting the potential of digitalization is key
It is important that as many people as possible in agriculture take advantage of the opportunities offered by digital technology, and that precision farming is spread as widely as possible...
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TECHXPO 2024 has opened its doors
TECHXPO 2024, Central Europe’s largest tech summit, has opened its doors in Budapest. The four-day event kicked off with a robust international conference program, with the opening keynote address by...
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Why are parcel locker providers getting stuck? This data points to the reasons
Parcel terminals are becoming increasingly popular: this year, nearly three-quarters of webshops offer this method of collection, which is a 12 percent increase compared to the previous year. The ever-increasing...
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Sustainability and health: the rise of plant-based dairy products in Hungary
In recent years, plant-based dairy alternatives have gained significant popularity not only globally but also in Hungary. Due to sustainability considerations, the demand for a healthy lifestyle and lactose sensitivity...
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Milk and dairy products are becoming more expensive: what is behind the price increase?
The price of milk and dairy products has increased significantly in recent months, which customers can already feel during their everyday shopping. The price increase can be observed not only...
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Sustainable packaging: focus on recycling and the circular economy
Packaging is a key element of the supply chain, where sustainability and recyclability are increasingly important. The development of recycled packaging materials, biodegradable alternatives and the optimization of foil use...
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The Secretary of State spoke about greater support than ever before
Producers who choose organic farming will receive greater benefits than ever before, announced Zsolt Feldman, the State Secretary for Agriculture and Rural Development of the Ministry of Agriculture, on the...
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Black Friday deals at the largest domestic chains: Lidl, Tesco, Spar and many others
Black Friday fever will not leave customers and retail chains indifferent in 2024. Although the concept of “Black Friday” in the traditional sense now extends to almost every day, the...
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Fruit yogurt has become cheaper, but the price of orange juice has gone up
The prices of products frequently consumed by children have increased by 7 percent in one year. The consumer goods selected in the mini basket compiled by K&H cost a total...
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Bence Gerlaki: the government helps develop consumer awareness in all age groups
The government is helping to develop consumer awareness in all age groups, but supporting vulnerable consumer groups is particularly important, as is acquiring basic consumer knowledge as early as possible,...
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The Ministry of National Economy welcomes those interested with an airport relocation
In order to protect the rights of air passengers and strengthen their consumer awareness, the employees of the Ministry of National Economy (NGM), responsible for consumer protection, will provide information...
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Companies can save significant amounts of money with a credit check
A credit check is a special financial analysis process, within the framework of which experts provide a comprehensive picture of the financial reliability of a person, a business, or even...
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NAK considers supporting small-scale crop production a priority
Constructive cooperation with authorities and partner organizations plays a key role in the success of small-scale crop production in Hungary, it was stated at the latest meeting of the Small-scale...
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Soil-X-Change meeting for soil renewal innovation partnerships
On November 13, 2024, the Institute of Agricultural Economics (AKI) and the Innovation and Digitalization Support Unit (ITE) of the Common Agricultural Policy (CAP) announced a meeting within the framework...
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Most top online sellers in Europe are not European
Of the thousand largest online sellers in Europe, 49 percent have their headquarters on the continent. A majority are based elsewhere, primarily in the United States or China. The share...
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Exploiting the potential of digitalization is key
It is important that as many people as possible in agriculture take advantage of the opportunities offered by digital technology, and that precision farming is spread as widely as possible...
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Diageo Announce New Global Division For Luxury Brands
Diageo Luxury Group is a new global division from Diageo for its luxury brands. The move brings assets into one portfolio including brands Brora and Port Ellen, Scottish brand homes...
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Action’s turnover up 20% in the first nine months
Action, one of Europe’s leading non-food discount chains, increased its net sales by 20.9% to €9.6 billion in the first nine months of the year in its twelve European markets....
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Agrometeorology: precipitation is good for autumn sowing
This week, heavy rain fell nationwide, with the exception of the Lesser Plain, which was much needed by the late-sown winter wheat, but the cool weather continues to hinder its...
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A 30 percent discount is needed to succeed on Black Friday
This Black Friday season, consumers are expected to shop more than last year, but they will definitely be better prepared: 38% of them have already used or plan to use...
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Potato situation in Hungary: cheaper, but not without problems
Potatoes, as a staple food, are in the spotlight every year, especially as the end-of-year holidays approach. This year too, many questions have arisen regarding quantity and quality, with which...
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This year we can still get Christmas fish at last year’s price
Due to the more unfavorable weather conditions than last year, fish farmers are closing a weak-average year overall this year, but despite this, they are not planning a price increase...
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Experts expect online fraud to increase as Christmas approaches
As Christmas approaches, cybercriminal activity may increase, and online fraud may increase – financial and law enforcement experts warned on Wednesday at a background discussion in Budapest organized by the...
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Economic recovery expected to be slow – latest DUIHK survey
The German-Hungarian Chamber of Commerce and Industry (DUIHK) presented its 2024 autumn economic survey on November 14, highlighting a slow path to recovery for the Hungarian economy. The study, based...
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CÖF-CÖKA: multinational companies should include small villages in their delivery portfolio
The Civil Solidarity Forum (CÖF) – Civil Solidarity Public Benefit Foundation (CÖKA) recommends that multinational companies operating in Hungary and businesses involved in food trade expand their delivery portfolio –...
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This is how generations of Hungarian workers complain – national research with Krisztián Steigervald
An average Hungarian adult belongs to only 2-3 communities in their life, apart from their family and workplace1. A recent, national study shows that when changing jobs, the majority of...
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Péter Szijjártó: South Korea’s largest food company is building its first factory in the region in Hungary
South Korea’s largest food company is building its first Central European factory in Hungary, creating two hundred new jobs in Dunavarsány, Minister of Foreign Affairs and Trade Péter Szijjártó announced...
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eMAG’s new credit developments: more convenient installment payments for Hungarian customers
eMAG has introduced a significant development that makes online shopping on credit even easier and more convenient. With the addition of OTP Bank, the products of eMAG and Marketplace partners...
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