Market News
Jumbo rolls out beef from free-range cattle
Dutch retailer Jumbo has launched a range of beef products from free-range cattle. The meat used in the range is sourced from cows that graze freely on Dutch pastures for...
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Mastercard’s global initiative for small businesses
Mastercard has launched a global initiative to support the transition to digital platforms and processes for micro- and small businesses: Strive aims to strengthen the financial resilience of small businesses...
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One and a half million Google Pay transactions in six months at K&H
Since its launch this spring K&H customers spent HUF 8 billion using the GPay service – informed K&H. K&H’s head of innovation Balázs Németh added that between April and September...
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Trade magazin is now a 5-time MagyarBrands winner
We would like to thank you dear readers and partners for helping us to earn the MagyarBrands recognition for the 5th time, in the Excellent Business Brand category. // This...
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Coca-Cola’s paper bottle passed the test in Hungary
The Coca-Cola Company has teamed up with Danish start-up Paper Bottle Company (Paboco) to develop a paper bottle for soft drinks. The beverage company and Kifli.hu started testing the new...
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From now on ALDI exclusively sells 100 percent Hungarian fresh meat
From October 2021 ALDI Magyarország only sells poultry, pork and beef products sourced from Hungarian suppliers. This year ALDI added 10 new meat products to is assortment, so customers can...
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Henkel makes dishwasher gels more sustainable
Henkel’s Laundry & Home Care division is introducing a new packaging concept for the Somat dishwasher gel range and has launched a new Somat All in 1 Gel ProNature product....
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Autumn tibi campaign with Uncle Tibi
This autumn Bonbonetti Kereskedelmi és Szolgáltató Kft. commissioned Human Telex Advertising & Event with implementing an advertising campaign for new products, including the giant tibi chocolate tablet. Human Telex’s creative...
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Production line installation in Vajda-Papír’s new factory
Hungarian-owned, market leader hygiene paper product maker Vajda-Papír Kft.’s HUF 16-billion factory expansion project is expected to be completed by April 2022 – informed managing director Attila Vajda. In early...
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Retail sales in the euro area increased in September
After several months of stagnation and decline, the volume of retail trade increased slightly in September compared to the previous month in the euro zone, according to the Tuesday report...
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Live cattle: Growing export, declining import
AKI’s Market Price Information System (PÁIR) reveals that the price of egg (sizes M and L) was HUF 27.5 at the place of packaging in the first nine months of...
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Growing proportion of poultry liver patés
With annual sales nearing 10,000 tonnes, meat spreads constitute a rather small segment in the processed meat category, with a 4-percent value share and a 5.7-percent volume share of the...
Read moreAnalysts: a substantial increase in retail sales is encouraging
Analysts reporting to MTI were positively surprised by the September retail sales figures, which suggest they could have a positive impact on third-quarter GDP data as well. According to a...
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A beverage packaging collection system has been developed by industry players
A strategic and regulatory concept has been developed for the collection of beverage packaging by domestic industry players. According to their statement sent to MTI on Monday, they would like...
Read moreKSH: trade surplus was 1.3 million euros in September
After two months in September, foreign trade again produced a surplus, with exports exceeding the value of imports by 1.3 million euros, the Central Statistical Office (KSH) reported on Monday,...
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Retail sales in the euro area were weak in September
Retail sales in the euro area were weaker than expected in September compared with the previous month, as Germany, the region’s largest economy, underperformed and consumers restrained their spending on...
Read moreGerman retail sales are expected to grow at the end of the year
The professional representation of German retail companies, HDE, expects a 2 percent increase in Christmas sales this year, compared to last year, mainly due to strong growth in online sales....
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Bank cards for blind and visually impaired consumers
Mastercard is introducing bank cards that make it possible for blind and visually impaired consumers to differentiate between credit, debit and prepaid cards. In the Touch Card system there are...
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Vegan products are the stars of Lidl Germany’s campaign
Lidl Germany is starting a marketing campaign through print, online, TV and radio to inspire consumers to purchase its Vemondo brand. This product range is comprised of alternative products that are plant-based and...
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Grain production could hit historic record as stocks dwindle
The world market price barometer is at new heights, after experts from the Food and Agriculture Organisation of the United Nations (FAO) registered levels not seen since July 2011. The...
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The supply chain is catching up with deforestation and agriculture as the largest emitters of the agri-food sector
Within the agri-food system, the food supply chain is close to outpacing agriculture and tillage in terms of greenhouse gas emissions due to food processing, packaging, transport, trade, household consumption,...
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Heineken commercial starring Daniel Craig
‘Worth The Wait’ is the title of Heineken’s new commercial that stars Daniel Craig. The commercial shows Daniel Craig waiting patiently for the first satisfying sip of an ice-cold Heineken...
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Magazin: Online: Slower sales, but still growing
NielsenIQ’s online index audits the online sales of retailers with physical stores (Tesco, Auchan, Spar, Online Príma, dm, Rossmann). In the 2nd quarter of 2021 online sales kept growing, but...
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European Trade Day: For each other and for the Customers!
For the 17th time, European Trade Day was held. The organising VOSZ wanted to draw attention to the strategic importance of the situation of the domestic commercial sector. On The...
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Average purchasing power per capita in Hungary 7,643 equivalent to 51% of the European average.
In 2021, the average purchasing power per capita in Europe is EUR 15,055. However, there are significant differences in net disposable income between the 42 countries examined: Liechtenstein, Switzerland and...
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Blokkk com: Black Friday is getting wekaer and weaker
Officially, November 26 is Black Friday, and this year it looks like there will be fewer Black Friday days, a smaller wave of specials, more modest discount rates and a...
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GKI Digital: Over 60,000 HUF for this year’s Christmas gifts
While last year’s Christmas was more limited due to the coronavirus and most of the gift purchases were transferred to online stores, this year we would like to give gifts...
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KSH: retail sales increased by 5.8 percent in September
In September, retail sales increased by 5.8 percent, according to both raw and calendar-adjusted data, the Central Statistical Office (KSH) announced on Friday. The volume of turnover in grocery and...
Read moreITM: online sales is already soaring high before the end of the year
In the first month of autumn, retail brought back the pre-coronavirus expansion level. According to the Central Statistical Office, the turnover of domestic stores increased by almost 6 percent in...
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European overview of fish production
Fish production in Europe has increased significantly in recent years, agrarszektor.hu wrote. Eurostat recorded an increase in aquaculture production of over 10 percent in several European countries between 2011 and...
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