Market News

AM: joint action is needed in the fight against frost

Joint action is needed to combat frost, to increase production safety by breeding Hungarian fruit varieties, choosing the right place of production and using state-of-the-art technological solutions, the Minister of...

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Bee Day – the future of our food supply depends on them

Without bees, there is no life, 76% of global food production depends on pollination of domestic and wild bee species, one in three bites of food is due to them....

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Tesco is supporting local hospitals

It is often said that helpers also need help, which applies to health workers who save lives during the epidemic. Hospital, clinic or even paramedics who work in dense shifts...

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Blokkk.com: that’s the way online tills work

There is not much data on forints going through online tills. However, the MNB’s data can be defraied. This, of course, is money spent not only on the shopkeeper, but...

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Corporate digitalisation: an addiction that strengthens the organisation

Oxford Economics and SAP surveyed 2,000 executives from small and midsize organisations about their priorities, challenges, and digital maturity. Small and midsize organisations have certain advantages over their larger rivals....

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‘MOST SUCCESSFUL PROMOTION OF THE YEAR 2020’ AWARDS presented

This year Trade magazin organised the ‘Most successful promotion of the year’ competition’s award ceremony and conference day for the 13th time. Entries arrived in 6 categories from FMCG companies...

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Zewa Tringle – Hungarian winner at the Global Awards

Winners, gold medalists of the local competitions of POPAI and Shop! chapters compete for the Shop! Global Awards, considered the “Oscars” of the POP profession, which is why it is...

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KSH: earnings increased by 9.8 percent in February

In February, both gross and net average earnings excluding benefits increased by 9.8 percent year-on-year. Net earnings, taking into account discounts, increased by 9.5 percent, the Central Statistical Office (KSH)...

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Renovation of the market hall and market begins in Salgótarján

Renovation of the market hall and market in Salgótarján will begin, and about 900 million forints will be spent on the developments that will last until December, the local government...

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ITM: consumer protection inspects stores that sell environmentally friendly products

Until the end of September, professionals will investigate deceptive, unfair commercial practices, primarily in stores and webshops selling environmentally friendly, recycled products and without packaging. In a series of national...

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The Chinese-Hungarian Air Silk Road is established

The Chinese-Hungarian Air Silk Road is established, and the agreement was signed on Tuesday in Budapest by Budapest Airport, the Chinese Henan Airport Group (the operator of Chengzhou International Airport)...

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Consumer sentiment in the United States is at the pre-coronavirus level

In April, the Conference Board Economic Research Institute’s U.S. Consumer Sentiment Index returned to a much higher-than-expected level before last year’s outbreak of the coronavirus crisis. According to a survey...

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That’s the way Hungarians drink: 6 facts you wouldn’t expect

Diageo, the world’s leading alcoholic beverage manufacturer and distributor, recently launched its DRINKiQ campaign in Hungary to raise awareness of the importance of conscious and responsible alcohol consumption. The 10-question...

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Nielsen IQ: Sales of weight control products increase by 1.5 times in May

In May, sales of products for weight control have been on fire for years: from April to May last year, sales increased by almost 1.5 times in value, while 40...

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Virtual medicine has a spectacular future

Already in the first months of the coronavirus epidemic, far more people have used telehealth services in the United States than in the past, and the demand for digital doctor-patient...

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Three years forward in one year

According to the latest survey of GKI Digital and Árukereső.hu, domestic e-commerce sales surged by a record 45 percent and reached HUF 909 billion in 2020. The coronavirus pandemic speeded...

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Mobile banking proliferates

According to a Mastercard survey, the proportion of mobile banking users reached 56 percent for the first time among bank card owners in 2020. 65 percent of 18-34 year old...

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Heineken Hungária becomes first PET bottle free major brewery

Being an environmentally conscious company, from this year Heineken Hungária exclusively produces and distributes bottle, keg and endlessly recyclable aluminium can packaged products. From early 2021 Gösser and Gösser Natur...

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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...

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Aldi 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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