Market News
Kraft Heinz working on Plasmon baby-food sale
Date: 2025-02-21 09:07:13
Kraft Heinz has hired advisers to work on the potential sale of Italy-based baby-food business Plasmon, Just Food understands. The company has appointed investment bank Houlihan Lokey to assist the...
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Is domestic tobacco retail in trouble?
Date: 2025-02-20 20:37:42
Price hikes have eroded the domestic market’s price advantage over retail prices in neighbouring countries. This article is available for reading in Trade magazin 2025/2-3. Whereas in previous years shopping...
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Selective shopping
Date: 2025-02-20 20:31:01
Selective shopping is the latest trend and all the signs indicate that it will continue to determine how and where shoppers spend their money in domestic chain stores in 2025....
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Informed choices and targeted solutions
Date: 2025-02-20 20:17:47
According to Euromonitor’s Global Consumer Trends 2025 report, consumer behaviour is fundamentally shaped by the rising cost of living, the need for sustainability and expectations of physical and mental well-being....
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CSR Hungary: awards for the best
Date: 2025-02-20 20:17:40
For the 17th time the Hungarian Business Responsibility Award, the CSR Hungary Award was presented to the winners in the Gundel Palace on 15 November 2024. This article is available...
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PwC Global CEO Survey: replanning in progress
Date: 2025-02-20 20:07:45
This article is available for reading in Trade magazin 2025/2-3. Commenting on the survey of 4,701 CEOs in 109 countries, conducted between 1 October and 8 November 2024, Mohamed Kande,...
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This year’s payments market trends according to Mastercard: AI, digitalisation, mobile wallets and tokenisation
Date: 2025-02-20 19:58:16
According to Mastercard’s experts, the following 10 factors will determine payment trends in 2025: This article is available for reading in Trade magazin 2025/2-3. 1. Fighting AI fraud with AI:...
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LG develops special digital displays
Date: 2025-02-20 19:29:10
LG Electronics (LG) has unveiled its latest digital display innovations at the Integrated Systems Europe (ISE) trade show in Barcelona, on 4-7 February. This article is available for reading in...
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Logistics sector still ahead of a sustainability shift
Date: 2025-02-20 19:15:18
In the logistics sector the need for sustainability is becoming more urgent, but 2025 may still bring only partial progress. “Technological and economic conditions haven’t yet reached a level that...
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Sodexo to open nearly 100 convenience stores on US college campuses by 2026
Date: 2025-02-20 18:19:15
Sodexo has set a goal of opening around 100 Food Hive stores on college campuses across the United States by 2026. This article is available for reading in Trade magazin...
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Lidl partners with Olympic athlete to expand its protein range in Ireland
Date: 2025-02-20 18:15:40
Lidl Ireland has teamed up with Olympian and two-time European champion David Gillick to expand its high-protein range. This article is available for reading in Trade magazin 2025/2-3. In 2025...
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The VOSZ Barometer is low, but there are promising signs
Date: 2025-02-20 17:01:15
VOSZ Barometer’s main indicator was down 5 percentage points at 47% in the 4th quarter of 2024 compared to the 3rd quarter of last year, which is the lowest value...
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The age of corporate empires?
Date: 2025-02-20 17:01:11
Last year only 24,000 new companies were established in Hungary – a 6% drop from the previous year and an 18% plunge from 2022. This is the weakest performance in...
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Rising raw milk and cereal prices
Date: 2025-02-20 16:54:52
According to AKI PÁIR data, the national average producer price of raw milk in Hungary was HUF 200.93/kg in December 2024. This article is available for reading in Trade magazin...
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GKI business confidence index sinks to a 19-month low
Date: 2025-02-20 16:54:10
In the first month of 2025 the slightly negative trend continued: according to the EU-supported survey of GKI Gazdaságkutató Zrt., the business and consumer outlooks worsened compared to December –...
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Green communication only creates advantage if used the right way
Date: 2025-02-20 16:09:58
At the end of January Hungarian Product Nonprofit Kft. hosted an educational forum, titled “Credibility in sustainability”, as part of the EduTime programme series. Hungarian Product’s goal is to pass...
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Learning done differently!
Date: 2025-02-20 15:44:00
We all know that our life is one big learning process. It never ends and it doesn’t matter how old we are, we need to educate ourselves and remain open...
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A broad dialogue has been launched on the collection and processing of animal by-products
Date: 2025-02-20 12:30:25
At the initiative of the National Chamber of Agriculture (NAK), with the involvement of the Ministry of Agriculture and the National Food Chain Safety Office (Nébih), a professional consultation was...
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Nébih: From 2025, food chain supervision fee returns must be submitted to the National Tax and Customs Administration
Date: 2025-02-20 12:26:17
The 2025 food chain supervision fee returns must now be submitted to the National Tax and Customs Office, the National Food Chain Safety Office (Nébih) told MTI on Thursday. Detailed...
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The Agricultural Museum’s carnival programs are about sustainable nutrition.
Date: 2025-02-20 11:21:08
The Agricultural Museum’s carnival program Little Farmers, Big Adventures aims to introduce children to sustainable lifestyles and nutrition, where children can experience how our various foods are prepared, what a...
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Fidelity Analyst Survey: China – where should investors look amid changes?
Date: 2025-02-20 11:13:18
China faces a number of economic challenges – a struggling housing market, persistent deflationary risks, weak consumer demand and even the US looking to raise tariffs. But Fidelity International analysts...
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This year’s Most Inspiring Leader of the Year Award went to Richter’s leader
Date: 2025-02-20 11:12:30
Based on the opinions of 252 Hungarian CEOs, PwC Hungary has awarded the Most Inspiring Leader of the Year Award for the third time. The award recognizes a Hungarian CEO...
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Bank360: Another interest rate hike is coming, the biggest battle for government bond money starts today
Date: 2025-02-20 10:57:06
One inflation-tracking government bond matures today, three other series pay interest, and the interest rate on PMÁPs, which are losing their appeal from now on, will also be decided in...
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Telepathy and mind reading: the tax office’s new superpowers
Date: 2025-02-20 10:39:10
“The tax office nowadays knows who is worth checking in a way that borders on magic and puts mentalists to shame, and it is increasingly sure-handed in selecting those taxpayers...
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Investing in improving our quality of life can be a smart decision
Date: 2025-02-20 10:29:36
In the first quarter of this year, more than 800,000 Hungarian families will receive a significant amount of money through the payment of interest on maturing government securities. While many...
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Stricter sanctions, reduced administration – the EPR background rules have been amended
Date: 2025-02-20 10:22:10
At the end of 2024, the legislative amendments announced in the Hungarian Gazette significantly transformed the existing regulations on extended producer responsibility (EPR) and product fees. The changes are multifaceted,...
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Changes in simplified employment from February
Date: 2025-02-20 10:07:59
From 1 February 2025, the rules for simplified employment will be amended, and with them the amount of the public charge to be paid by the employer and the calculation...
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Colruyt Group launches plant-based private label Boni Plan’t
Date: 2025-02-20 09:34:08
Belgian Colruyt Group wants to make plant-based food more accessible, adding a range of around 100 plant-based products in recognisable packaging under a new private label sub-brand. In addition to Boni Eco...
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A Taste Of History: Remembering Francesco Rivella, The ‘Father Of Nutella’
Date: 2025-02-20 09:21:21
Ferrero chemist Francesco Rivella, often referred to as the ‘father of Nutella’, passed away on 14 February 2025 at the age of 97, according to media reports. Rivella was a...
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Colgate-Palmolive enters fresh pet food with Prime100 acquisition
Date: 2025-02-20 09:02:29
Colgate chairman, president and CEO Noel Wallace described Prime100 as “a high-growth, profitable, fresh dog-food asset”. Colgate-Palmolive has agreed to acquire Australia-based Care TopCo, which owns the Prime100 fresh pet-food...
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