Market News
Unilever redefines the concept of beauty
Unilever has announced that as part of launching its new Positive Beauty programme, the company will stop using the word ‘normal’ on all beauty and body care products and in...
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Hungarian Advertising Code of Ethics is being updated
After six years in use the time has come to update the Hungarian Advertising Code of Ethics. The Hungarian Advertising Association (MRSZ) and the Self-regulatory Advertising Board (ÖRT) delegated members...
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New Lidl store opens
On 11 March Lidl Hungary opened its latest store in Budapest’s 2nd district, at 43 Csalogány Street. The 1,200m² shop is located on the ground floor of a newly built...
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Cherry Coke is back in shops
From March Cherry Coke is available once again in Hungary: this flavour variant used to be very popular in the 1990s and Coca-Cola brings it back to stores for a...
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Successful Kokárdás dairy products
In 2020 consumer demand increased considerably for ALDI Hungary’s private label Kokárdás dairy products – they are made exclusively of Hungarian milk. ALDI Hungary’s managing director Bernhard Haider told: Kokárdás...
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Product of the Year 2021
Going forward without hesitation, even when times are hard. This is what comes to my mind when I say: it is really good news that Product of the Year was...
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Henkel was able to mitigate the negative effects of the crisis
In the 2020 financial year the Henkel Group’s sales reached EUR 19.3 billion, which means that organic sales were down a little if compared with the 2019 level. The EBIT...
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No more plastic cap on one-litre Campina Organic drink cartons
Dairy firm FrieslandCampina has removed plastic bottle caps from the one-litre packaging of its Campina Organic drink cartons. The packaging now features a new pouring opening that ends the need for plastic...
Read moreAldi Süd joins forces with vegan influencer
Aldi Süd has started working with vegan influencer Philipp Steuer. Steuer will promote a vegan lifestyle using Aldi Süd products. The move forms part of the retailer’s efforts to encourage younger...
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Nestlé Health Science: Nutritional beverages from iconic cereals
Nestlé Health Science has teamed up with Kellogg’s and General Mills to add new cereal-flavoured beverages to its Carnation Breakfast Essentials range. There is protein, vitamins and minerals in the drinks for immune support and...
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Mulino Bianco makes cookies from pulse flour
Barilla Group’s Mulino Bianco brand has introduced two new cookie variants made of pulse flour: Cecille is made with chickpea flour, cocoa and orange zest, while Lentille uses red lentil flour and...
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Cherkizovo Group buys sausage factory in Leningrad
Russia’s largest meat producer the Cherkizovo Group has signed a preliminary agreement to buy meat processing company LLC Pit-Product from the Finnish group Atria. The acquisition will see Cherkizovo increase its share...
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Dino Polska to invest more in eco-friendly projects
Polish retailer Dino Polska has decided to invest more in renewable energy sources across its operations. They will install photovoltaic panels at three Dino distribution centres with 3MW capacity – by...
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Lidl Belgium adds new vegetarian and vegan products
Lidl Belgium has added 11 new meat substitute products to its private label vegetarian and vegan range. From the new additions 7 are vegetarian and 4 are vegan products. Lidl Belgium has...
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Sainsbury’s tests in-store recycling system
Sainsbury’s plans to introduce a new in-store recycling system which makes it possible for customers to recycle polypropylene (PP) film. There are 63 Sainsbury’s stores participating in the trial. A...
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Fluère Drinks is now part of Next Frontier Brands’ portfolio
Next Frontier Brands has acquired distilled non-alcoholic spirit producer, Fluère Drinks. Fluère’s beverages are distilled in the Netherlands and available in more than 30 countries. The brand’s portfolio includes Original, Spiced Cane...
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New concept from Morrisons
Morrisons has opened a new temporary store in North London, which features a new fresh-food takeaway concept called Market Kitchen. Market Kitchen offers a selection of meals for breakfast, lunch...
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Carlsberg reports smaller carbon footprint
According to Carlsberg’s sustainability report for 2020, the company achieved a 7-percent decrease in carbon emissions across its value chain, and realised a 7-percent improvement in water efficiency between 2015...
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Sainsbury’s starts price war against Aldi
Sainsbury’s campaign called ‘Aldi Price Match’ – launched to fight for market share – offers customers 250 Sainsbury’s quality products that match the prices found at Aldi. However, 8 of...
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PLMA-news in brief
Amazon is launching its online programme in Poland. Private label wine sales by Delhaize were up 20 percent last year. Penny is adding the vegan Food for Future brand to...
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Uber to buy alcohol delivery service Drizly
Uber Technologies Inc is to pay USD 1.1 billion for on-demand alcohol platform Drizly, as the company seeks to expand delivery services that have flourished during the pandemic. Uber’s acquisition of...
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Heineken to cut operating costs
Heineken NV plans to cut about 8,000 jobs, in order to restore operating margins to pre-pandemic levels following a sharp reduction in profit because of coronavirus restrictions. The world’s second largest...
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UCC Coffee Europe introduces Japanese coffee brand
UCC Coffee Europe has put a new coffee brand on the market, backed by UCC Group (Japan). The launch of the Ueshima Coffee Company brand brings Japan’s No.1 coffee to...
Read moreAlmost all Hungarians consume milk
At the end of 2020, the Milk Interprofessional Organization and Product Council launched a market research tender that focused on dairy product consumption habits and plant-based foods – agrarszektor.hu ,...
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MNB: credit dynamics were at the forefront of the EU last year
Despite the coronavirus pandemic, the credit market performed outstandingly last year, and Hungary is at the forefront of the EU in terms of both corporate and retail credit dynamics, an...
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Arable land in Hungary became 7.3 percent more expensive than last year
The pandemic did not break the rise in the price of arable land in Hungary for about thirty years: last year the average market price per hectare was 1,727 million...
Read moreThe European Investment Bank is also helping to reopen the Hungarian economy
The resources provided to Hungary by the European Investment Bank (EIB) serve to protect health, maintain jobs and support investment, ie help to relaunch the economy, Minister of Finance Varga...
Read moreOECD: Economic growth in the G20 slowed in the last quarter of last year
Economic growth in the G20, which brings together the 19 largest economies and the European Union, slowed in the last quarter of last year, compared with the previous quarter. According...
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Disinfectant can be made from unconsumed Italian wines
One hundred and fifty million liters of wine remained in the hands of Italian wine producers last year due to lost consumption in restaurants and bars closed due to epidemic...
Read moreBritish exports to the EU fell by more than 40 percent in January
In January, the value of British exports to European Union markets fell by 40.7 percent; imports from the EU fell 28.8 percent – the British statistical office (ONS) said. The...
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