Market News

Eleven teams will start this weekend at the second Lake Tisza PET Cup

This year, the Tisza PET Cup, the owner of the Tisza PET Cup, announced three river pet Természetfilm.hu Association.  During the entry period, the seats were quickly filled again, and...

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Hungarian Product Nonprofit Kft.: The Hungarian products are the winners of the crisis

Hungarian products emerged stronger from the crisis, their popularity increased during the pandemic, according to a survey by Magyar Tuote Nonprofit Kft. – Managing Director Benedek Eszter said at the...

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Delivery performance declined in the first quarter

Freight transport performance decreased 3.8 percent in the first quarter of this year compared to the same period last year, mainly due to the decline in pipeline freight transport. The...

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The GVH closed 106 proceedings last year

The Hungarian Competition Authority (GVH) closed 106 proceedings last year, which is an increase of about 9 percent over the previous year, the GVH said in its report on last...

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Investor sentiment is at a three-year high in the eurozone

The euro area investor sentiment index of the Frankfurt-based economic research institute Sentix GmbH in Frankfurt rose to a three-year high in June, according to a report released on Monday....

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New smart cart technology

Israeli startup WalkOut has made a plug-and-play option that costs less than other high-tech carts on the market. The smart cart tech firm retrofitts grocery carts as the technology’s growing...

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Promotions from the shopper’s perspective

On the occasion of Trade magazin’s annual promotion competition, Kantar-Hoffmann’s head of division Gábor Tolnai spoke about how consumers received the competition entries, using the results of a focus group...

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Research: we tend to purchase several Hungarian products during the epidemic

Recent research has revealed that more than a third of shoppers are willing to pay 10 per cent more for a product if it is made in Hungary. During the...

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Magazine: Last year’s best promotions rewarded again

On 29 April Trade magazin organised the ‘Most successful promotion of the year’ contest’s award ceremony and conference day for the 13th time this year. FMCG promotion campaigns entered the...

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Analysts: the contribution of retail growth may be significant

According to macroeconomic analysts interviewed by MTI on the latest KSH data, the contribution of retail trade to economic growth may be significant. The statistical office said on Friday that...

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Support for village small shops can be requested

Two weeks beyond the original deadline, individual applications for support for small shops in the Hungarian Village Program can be submitted until 28 June, the government commissioner responsible for the...

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Nagy István: Hungarian winemakers won 8.5 billion in technological developments

Hungarian winemakers are confident of a successful relaunch in the future, which is indicated by the fact that many people submitted tenders for the purchase of new wine machinery and...

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Does cash payment go or stay?

UK sees resurgence in cash use. The UK has seen a resurgence in the use of cash in the past week, according to cash management company Loomis UK. Consumers like...

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Global smartphone sales grew in the first quarter

After last year’s big downturn, smartphone sales rose more than a quarter in the first quarter of this year, according to a report released on Monday by market research firm...

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Retail sales increased in Romania by 12.5 percent in the first four months

In Romania, according to raw data, the volume of retail sales increased by 12.5 percent in the first four months of this year, compared to the same period of last...

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AM: payment applications for wine investments may be submitted at a later date

Due to the strict measures introduced in connection with the coronavirus outbreak, the transport of oenological machinery and technological equipment has slipped in several cases, and the Ministry of Agriculture...

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Agricultural Man of the Year award presented

The Agricultural Man of the Year award was presented, which was won by Otto Pálmai in 2020, the Agrotrend Group told MTI on Monday. In 2020, the organizers again searched...

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KSH: The turnover of retail stores increased by 10.6 percent

In April, the volume of retail trade – as a result of the phasing out of restrictions from the middle of the month and the low point in April last...

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AM: one can apply for support for small farms again

Between 3 June 2021 and 17 June 2021, small farms again had the opportunity to submit their support applications. The Ministry of Agriculture is once again encouraging those concerned to...

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Retail sales in the euro area declined more than expected

Retail sales in the euro area decreased more than expected by analysts in April compared with March. The European Union’s statistical office, Eurostat, said on Friday that retail sales fell...

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Promotion war against Amazon

Target and Walmart are facing Amazon head-on, announcing longer sales events that both start on June 20 — a day earlier than Prime Day. Shoppers will benefit for sure. Last year,...

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That’s the way Hungarians are planning their holiday

As the weather warms, the epidemic becomes more and more topical: what about this year’s holiday? And if we decided to go on vacation, where do we go? Should we...

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ISO 9001 certification for Contronics dry misting technology

By providing the whole fresh food supply chain with dry mist, Contronics makes it possible to store, transport and sell fruits and vegetables without any harm to their quality. With...

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Asda’s closing of in-store bakeries can result in 1,200 fewer jobs

Asda is in negotiations with its 1,200 in-store bakery workers about the closure of these units and the step’s possible effects. Asda’s plan is to keep employing these people, but...

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Waitrose’s organic wine Duchy Organic debuts with box packaging

Waitrose & Partners is coming out with its first box-packaged wine in the Duchy Organic product range: a 2.25-litre Pinot Grigio from Puglia, Italy. It was more than 10 years...

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Russia’s Yandex to start grocery delivery in Paris and London

Russian company Yandex plans to launch a grocery delivery service in Paris in the 2nd quarter and in London in the 3rd quarter. Yandex.Lavka started in Russia in 2019 and...

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Salov’s cooking oils marketed in rPET bottles

Italian cooking oil company Salov is well-known in Hungary for its Filippo Berio brand. The company has switched to rPET bottles for marketing its Sagra brand: the company now puts...

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Amazon Fresh opens third UK store in White City

In the United Kingdom Amazon Fresh opened its third store in White City. Just like the other two stores, the new 230m² Amazon Fresh utilises the ‘Just Walk Out’ technology....

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Pepsi MAX rolls out caffeine-free cola

The latest product in the Pepsi MAX range is Pepsi MAX No Caffeine. This sugar- and caffeine-free cola is available in various formats. According to a Nielsen study, sales in...

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Edeka puts vegan product range on the market

German retailer Edeka added a vegan product selection to its ‘vehappy’ brand in April. Seven plant-based dairy alternatives were launched first (oat, almond and soy milk and soygurt). Later the...

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