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Market News

Visa innovations for improving smart payment solutions
Date: 2021-01-25 18:12:41

Visa Inc. has announced the launch of new artificial intelligence (AI) based services, called VisaNet+AI. This service offers a solution for banks, retailers and consumers to manage certain types of...

Príma campaign with #buyhungarian face masks
Date: 2021-01-25 18:06:38

In January Príma implemented a special promotion campaign: they gave Príma face masks to those shoppers who purchased three products with the Hungarian Product trademark at the same time online....

Hungarian workers calculate with lasting changes
Date: 2021-01-25 16:26:04

As the global job market is transforming because of the pandemic, job safety has become more important than ever before. According to the Randstad Workmonitor – a report prepared in...

PLMA News in brief
Date: 2021-01-25 16:11:55

Aldi UK is adding 12 ready-to-cook meals to its low-calorie Slimwell range. Lidl is trialling a new store format in Belgium. The arrangement and the premium decoration differentiate the 1,500m²...

In focus: the United Kingdom
Date: 2021-01-25 16:06:58

Young British consumers like to shop in discount supermarkets Aldi and Lidl make up for 67 percent of the UK’s discounter market and they represent 13 percent of British FMCG...

Successful Foam White Christmas at SPAR
Date: 2021-01-25 15:36:06

According to Eszter Benedek, managing director of Hungarian Product Nonprofit Kft., their promotion campaign with SPAR was a big success last December. All Hungarian Product trademark bearing products available in...

New digital solutions for e-commerce challenges
Date: 2021-01-25 15:28:13

Fintech company ZEN has teamed up with Mastercard to launch financial solutions that make it possible for consumers, freelancers and entrepreneurs to manage their finances easily and to make contactless...

Higher cereal crop prices in January than a year earlier
Date: 2021-01-25 15:25:08

Data from the Central Statistical Office (KSH) reveals that Hungary’s poultry meat export dropped 13 percent to 147 thousand tons, while import grew by 3 percent to 55 thousand tons...

Production costs up nearly 20 percent in the dairy sector
Date: 2021-01-25 15:19:47

A recent survey by the Milk Interbranch Organisation and Dairy Board conducted among members has found: in the dairy sector production costs increased by 15-18 percent in one year. The Dairy...

Private label hand hygiene products at OMV filling stations
Date: 2021-01-25 15:09:48

In January OMV launched its own hygiene product range, which is available at every OMV filling station: the products clean and protect users’ hands without water. The pleasant-smelling and refreshing...

Mars campaign for gender equality
Date: 2021-01-25 15:04:53

Mars has launched a new global crowdsourcing campaign, called #HereToBeHeard to improve the positions of women in every field of life – including race, age, sexuality, religion and ability –...

Great success: Hungary has become one of the EU’s biggest isoglucose producers
Date: 2021-01-25 14:50:48

Hungary is one of the biggest corn-based isoglucose producers in Europe, as 40 percent of the EU’s annual isoglucose production, 500,000 tons are made in Hungary – almost 70 percent...

XIXO pulls PET bottle packaging from full product category
Date: 2021-01-25 14:38:13

From 1 February HELL ENERGY Magyarország Kft. packages XIXO carbonated soft drinks in 100-percent and infinitely recyclable aluminium cans only. This means that the company stops using the PET bottle...

Imagining the unimaginable
Date: 2021-01-25 14:37:31

Futurist, innovation coach and Exo Works ambassador Dea Frankó-Csuba spoke about the 4th industrial revolution, the disruption in industrial sectors and what can companies do to prepare for the arrival...

Quality is assured – even at the time of pandemic!
Date: 2021-01-25 14:34:00

The coronavirus pandemic forced executives to rethink their business plans and make changes if necessary. Quality assurance and food safety regulations keep changing, and this requires flexibility and rapid reaction...

Tesco and Nestlé team up to help Food Bank
Date: 2021-01-25 14:33:48

Nestlé and Tesco’s joint autumn campaign collected HUF 11 million to support the work done by the Hungarian Food Bank Association. Between 1 and 14 October 2020 1 percent from the...

A pandemic-ridden beer market
Date: 2021-01-25 14:25:22

The HoReCa sector makes up for nearly 30 percent of the major Hungarian breweries’ sales – and no beer was sold in this channel during the spring and the end-of-year...

The taste of quality
Date: 2021-01-25 14:23:52

Since last September Gallicoop Zrt. has had a new owner. Our magazine interviewed András Muzsek, the CEO of the company that employs 1,100 people. What changes with a new owner...

Award winning stores and POP projects
Date: 2021-01-25 14:12:41

POPAI Hungary’s parent organisation, Shop! joined forces with Retail Design Institute to present last year’s winning concepts in an online webinar. Shop!’s global development director, Leo van de Polder organised...

Cereal Partners UK rolls out organic honey Cheerios
Date: 2021-01-25 14:11:14

Cereal Partners UK – the makers of Nestlé cereals in the United Kingdom – is to launch organic honey and chocolate Cheerios. The new product is Cheerios’ entrance into Britain’s...

Sainsbury’s launches private label plant-based tea bags
Date: 2021-01-25 14:08:10

UK retailer Sainsbury’s has announced: from June 2021 it will introduce a plant-based material for its private label tea bags. The tea bags will be made of PL A (polylactic acid),...

C&C Group and Innis & Gunn enter into long-term partnership
Date: 2021-01-25 14:05:35

C&C Group has started a long-term partnership with Edinburgh-based beer brand Innis & Gunn, for selling and distributing the latter’s award-winning range of beers in the UK and Ireland. C&C...

Tesco stores offer vegan jam doughnuts
Date: 2021-01-25 14:02:49

British retailer Tesco has rolled out vegan jam doughnuts as part of its Wicked Kitchen range. Jazzy Jam Doughnuts are available across the UK and a pack of 5 costs 1 pound. The...

Impossible Foods reduces wholesale prices by another 15 percent
Date: 2021-01-25 13:57:26

Impossible Foods Inc – they make the plant-based Impossible Burger – has announced plans to cut prices for food service distributors in the United States by approximately 15 percent as...

Valeo Foods Group acquires UK-based tortilla chips producer
Date: 2021-01-25 13:54:04

Valeo Foods Group – they own brands such as Rowse honey, Kettle Crisps, and Jacob’s biscuits – has bought IAG, a producer of tortilla snacks in the UK. Valeo Foods...

Morrisons profits from the cooperation with Amazon and Deliveroo
Date: 2021-01-25 13:48:01

According to data from Kantar Worldpanel, online sales by Morrisons grew more than any other UK supermarket’s in December, as its partnerships with Amazon and Deliveroo drove sales: online sales...

SPAR buys 60 filling station shops in Switzerland
Date: 2021-01-25 13:45:27

SPAR Switzerland has expanded its presence in Switzerland with the acquisition of 60 Avia filling station stores from Store Service AG; the purchase came into effect as of 2021. SPAR already had 16 stores at...

The Hut Group acquires online beauty retailer Dermstore
Date: 2021-01-25 13:43:01

Target Corp. is selling its skincare and beauty retailer – which they bought in 2013 – to a fast-growing British e-commerce company, called The Hut Group. The group is buying Dermstore.com...

Constellation Brands streamlines portfolio
Date: 2021-01-25 13:29:30

US-based Constellation Brands is selling some of the brands in its portfolio. They have already got rid of the Paul Masson Grande Amber Brandy brand – the buyer was Sazerac,...

Online grocery retailer Barbora enters the Polish market
Date: 2021-01-25 13:06:26

Maxima Grupe’s online grocery business Barbora is to enter the Polish market. The online grocery retailer sees great potential for the growth of e-commerce in Poland. Back in 2018 Barbora...

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Visa innovations for improving smart payment solutions Date: 2021-01-25 18:12:41

Príma campaign with #buyhungarian face masks Date: 2021-01-25 18:06:38

Hungarian workers calculate with lasting changes Date: 2021-01-25 16:26:04

PLMA News in brief Date: 2021-01-25 16:11:55

In focus: the United Kingdom Date: 2021-01-25 16:06:58

Successful Foam White Christmas at SPAR Date: 2021-01-25 15:36:06

New digital solutions for e-commerce challenges Date: 2021-01-25 15:28:13

Higher cereal crop prices in January than a year earlier Date: 2021-01-25 15:25:08

Production costs up nearly 20 percent in the dairy sector Date: 2021-01-25 15:19:47

Private label hand hygiene products at OMV filling stations Date: 2021-01-25 15:09:48

Mars campaign for gender equality Date: 2021-01-25 15:04:53

Great success: Hungary has become one of the EU’s biggest isoglucose producers Date: 2021-01-25 14:50:48

XIXO pulls PET bottle packaging from full product category Date: 2021-01-25 14:38:13

Imagining the unimaginable Date: 2021-01-25 14:37:31

Quality is assured – even at the time of pandemic! Date: 2021-01-25 14:34:00

Tesco and Nestlé team up to help Food Bank Date: 2021-01-25 14:33:48

A pandemic-ridden beer market Date: 2021-01-25 14:25:22

The taste of quality Date: 2021-01-25 14:23:52

Award winning stores and POP projects Date: 2021-01-25 14:12:41

Cereal Partners UK rolls out organic honey Cheerios Date: 2021-01-25 14:11:14

Sainsbury’s launches private label plant-based tea bags Date: 2021-01-25 14:08:10

C&C Group and Innis & Gunn enter into long-term partnership Date: 2021-01-25 14:05:35

Tesco stores offer vegan jam doughnuts Date: 2021-01-25 14:02:49

Impossible Foods reduces wholesale prices by another 15 percent Date: 2021-01-25 13:57:26

Valeo Foods Group acquires UK-based tortilla chips producer Date: 2021-01-25 13:54:04

Morrisons profits from the cooperation with Amazon and Deliveroo Date: 2021-01-25 13:48:01

SPAR buys 60 filling station shops in Switzerland Date: 2021-01-25 13:45:27

The Hut Group acquires online beauty retailer Dermstore Date: 2021-01-25 13:43:01

Constellation Brands streamlines portfolio Date: 2021-01-25 13:29:30

Online grocery retailer Barbora enters the Polish market Date: 2021-01-25 13:06:26