Market News
In seven years 750 billion forints will go to food industry development
On 22 April Norbert Erdős, state secretary for food chain supervision at the Ministry of Agriculture, visited the CBA Logistics Centre in Alsónémedi. At the event he told that the...
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NAK: 17 June is Fruit and Vegetable Day
European Fresh Force is the name of the joint educational programme of the Hungarian Chamber of Agriculture (NAK) and the European Union. The initiative has been popularising fruit and vegetable...
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A donation to the frontline of the pandemic from Szentkirályi and PepsiCo
Szentkirályi Magyarország and PepsiCo have donated HUF 40 million to the National Ambulance Service and the Hungarian Interchurch Aid. Levente Balogh, president of Szentkirályi Magyarország told: last year they already...
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Coop becomes Sweden’s most sustainable brand
According to the Sustainable Brand Index 2021 survey, Coop has become Sweden’s most sustainable brand for the fourth time this year. Coop is owned by over 3.6 million members and it...
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Orkla’s Polish expansion
For an undisclosed sum Norway’s Orkla has bought Polish company Ambasador92, through its subsidiary PGD SP. z o. o. Ambasador92 operates in the sale and distribution of bakery and confectionery items in...
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Results of the ‘Inno d’Or – Innovation of the Year 2021’ competition announced
With the new competition, organiser Trade magazin seeks to reward value-creating innovations year after year, which satisfy relevant consumer needs, fit into existing trends or have been inspired by actual...
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Drown in flavours
Home cooking and baking became widespread in the last 12 months when people were mostly staying at home. Thanks to this, sales of spices, marinades and sauces increased. According...
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Building conscious consumer-centric corporate systems – Survival strategy in a rapidly changing world
Today, when the world is transforming at breakneck speed and it is increasingly difficult to predict market changes and consumer behaviour, more and more companies use a conscious consumer-centric strategic...
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Nestlé acquires functional water brand Essentia
Nestlé has acquired the premium functional water brand Essentia Water. Based in Washington, Essentia pioneered ionized alkaline water more than twenty years ago and is the leading brand in the segment in...
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Authentic Italian pasta sauces and pestos from La Doria
Italian company La Doria is Europe’s No.1 peeled and chopped tomato, canned pulse and private label tomato sauce maker. Approximately 95 percent of La Doria’s sales are generated by private...
Read moreAldi Nord supports women in Peru by coffee sourcing
Aldi Nord has unveiled an organic and Fairtrade-certified coffee called ‘Hermanas del Café’, which is made by the La Florida cooperative that supports women involved in coffee production in Peru. La Florida...
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Spar UK and ‘Too Good To Go’ partnership expands
After a test period Spar UK has extended its partnership with food waste prevention app Too Good To Go, which now includes all 275 stores. At the end of each day Spar...
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DS Smith profits from online shopping boom
DS Smith has reported that that the boost from the Christmas season to its packaging business continued into 2021, with more people shopping online. There were also signs of recovery in demand...
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Professional advocacy predicts a 20 percent increase in egg prices
Due to the half-year rise in feed prices, an about 20 percent increase in the producer price of eggs is justified, the Hungarian Egg Association told MTI on Wednesday. According...
Read moreA genetic mechanism can protect a person from excessive coffee consumption
A protective genetic mechanism can protect a person from excessive coffee consumption, researchers at the University of South Australia have found that coffee consumption patterns reveal a state of heart...
Read moreGKI: the role of telework may reduce after the pandemic
As a result of the coronavirus pandemic, teleworking has inevitably become part of everyday life, but after the pandemic, domestic companies plan to reduce teleworking, according to GKI Economic Research’s...
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KSH: The number of employees increased in March
In March, the average monthly number of employees aged 15-74 was 4,616,000, which is 41,000 more than a year before and 66,000 more than in the previous month, the Central...
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Hennessy starts global partnership with the US professional basketball league, the NBA
LVMH’s premium cognac maker Hennessy has become the first global spirits partner of the National Basketball Association (NBA). The two groups initially cooperated in the US in February 2020 and...
Read moreTesco establishes soft plastic collection points in the United Kingdom
British retailer Tesco has started the rollout of recycling points for soft plastic in 171 stores in the United Kingdom. This is the first time that the UK has had a network...
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Lidl enters the North Macedonian market
Having already entered the markets of Slovenia, Croatia and Serbia, Lidl opened its first store in North Macedonia too. The discounter has invested EUR 500,000 in the division, which has...
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Canopy rolls out CBD-infused sparkling water range in the USA
Canopy Growth Corp has rolled out its CBD-infused Quatreau sparkling water line in the United States. Quatreau comes in four variants and would be available online in US states that permit consumption...
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(HU) Fogyasztói tapasztalatok járvány idején, ahogy azt Európai Bizottság látja
Sorry, this entry is only available in HU....
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Sustainable POP at Mondelez
This year’s first POPAI Hungary Association meeting was hosted by Zsófia Réti, Mondelez’s customer activation manager CZ-SK-HU. The topic was the company’s global, regional and Hungarian sustainability strategy, and the...
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Bud Light Summer with $10M stimulus
Bud Light readies post-pandemic summer plans with $10M stimulus. VP of Marketing Andy Goeler details how the bestselling beer brand in the U.S. is helping people get back to bars,...
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How are domestic companies preparing to open?
Nest Communications has carried out unrepresentative research involving 317 companies among hungarian SMEs with the professional cooperation of Visual Europe Group, one of the largest event technology companies in Hungary....
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PLMA News in brief
More and more retailers roll out sustainable private label product ranges. Waitrose halved the plastic packaging of private label Easter chocolate eggs. This year Lidl Belgium unveils 11 meat alternatives in its Veggie and...
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Majority of company heads say things won’t be back to normal before 2022
According to the 2021 KPMG CEO Outlook Pulse survey – which also provides information on the third wave of the pandemic – 45 percent of executives think that business operations...
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GKI raises growth forecast
Thanks to better results in the 4th quarter of 2020 and the relatively favourable changes in business confidence in early 2021, GKI raised its 2021 growth forecast by 0.6 percentage...
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Pig’s price is lower than a year ago
According to the Market Price Information System (PÁIR) of the Research Institute of Agricultural Economics (AKI), the price of milling quality wheat was HUF 69.4 thousand/ton ( up 27 percent)...
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