Market News

Waitrose becomes first major UK retailer to trial cork recycling scheme

Waitrose has become the first major UK supermarket to introduce a cork recycling scheme in a bid to reduce waste and improve its environmental impact. From 7 October, the upmarket...

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PepsiCo is acquiring Siete Foods for $1.2 billion

PepsiCo, Inc. is acquiring Siete Foods, also known as Garza Food Ventures LLC, Austin, Texas, for $1.2 billion. Siete Foods is a manufacturer of “heritage-inspired” tortillas, salsas, seasonings, sauces, cookies...

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Even the smallest farmers can count on the government

Even the smallest farmers can count on the government, which is why they are announcing a simplified application for investment support for small agricultural plants – said the greyhound minister...

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Hungary must become self-sufficient in potatoes

Hungary must become self-sufficient in potatoes, the goal is to achieve this, the Minister of Agriculture announced on Friday in Kiskunhalas, Bács-Kiskun County. At the 10th Kiskunhalas Potato Days event,...

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European Commission to postpone EUDR for 1 year

Yesterday, the European Commission announced that the introduction of the EUDR is planned to be postponed by one year. This proposal still has to be confirmed by the European Parliament...

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Here are the Hungarian e-retailers with the most global market potential

For the first time, the HungarEcomm Stars Award was presented to Hungary’s most outstanding e-commerce companies that are also competitive on the world market. The prize, presented by the Digital...

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Hungary took over the presidency of the Peace Bread Initiative from Germany

Next year, Hungary will chair the “Bread of Peace” initiative launched by Germany to commemorate the fall of the Berlin Wall. Deputy State Secretary Oszkár Ökrös took over the chairmanship...

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This year’s drought also had a negative impact on the performance of the domestic canning industry

The domestic canning industry was able to buy a medium sweet corn crop and a weak green pea crop this year. According to the overview of the National Chamber of...

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In the OECD, inflation slowed significantly in August

Inflation in the countries belonging to the Organization for Economic Co-operation and Development (OECD) slowed down significantly in August in an annual comparison, mainly due to the strong moderation of...

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More and more companies are investing in generative artificial intelligence

The introduction of generative artificial intelligence has reached a turning point: two-thirds of companies have invested more in the technology. Despite increased investments and enthusiasm, data and risks are still...

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NGM: the Consumer Protection Civil Forum is established – the Ministry of National Economy strengthens its cooperation with consumer protection associations and conciliation bodies

The Ministry of National Economy (NGM), which is responsible for consumer protection, actively and constructively cooperates with all actors of the consumer protection institutional system in order to protect Hungarian...

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The company car is still a status symbol, and this does not help environmental protection

Sorry, this entry is only available in HU....

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Hungary may be at a competitive disadvantage in the fight for guest workers

Over the past three years, more than 100,000 guest workers have arrived in our country, many of them from distant countries – from the Philippines, Indonesia, Mongolia or Kyrgyzstan –...

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This year’s drought also had a negative impact on the performance of the canning industry

The domestic canning industry was able to buy a medium sweet corn crop and a weak green pea crop this year. According to the overview of the National Chamber of...

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Alpro expands plant protein range in partnership with Peter Crouch

Alpro has added a series of new products to its plant protein range, in a new partnership with football legend Peter Crouch. This article is available for reading in Trade...

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Shoppers are scared of data theft

More and more shoppers are worried about their shopping details being leaked, forcing retailers to take action, according to EY’s latest international survey (conducted with more than 23,000 consumers in...

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The Association of Conscious Buyers would extend the bisphenol content restriction to clothing

The Association of Conscious Buyers would extend the bisphenol content restriction to clothing, the organization said in a statement sent to MTI on Thursday. The association, which wants to prevent...

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Transitional fine-tuning of the eGN operational codebase

Based on the feedback received after the previously implemented code library update, Nébih temporarily makes all previous and new operational elements both selectable in the electronic Business Log. However, for...

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Unilever Strikes Climate Deals With Walmart And Others

Unilever has agreed sustainability deals with its top ten retail customers, including Walmart, aimed at cutting greenhouse gas emissions and minimising waste in its supply chain, the consumer giant’s CEO...

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Edeka Südwest to offer wine in refillable bottles

As first among retailers in Germany, Edeka Südwest is to introduce reusable wine bottles in an effort to reduce waste. The 0.75 l refillable bottles, which can be refilled up...

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Agrometeorology: deeper and deeper layers of the soil are filled with moisture

The autumn recharge of the soil has begun, moisture is reaching deeper and deeper layers, but at the same time, the weather becoming rainy again is hindering the remaining harvest,...

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EuroCIS 2025: bookings for the Düsseldorf Retail Technology trade fair off to a strong start

From 18 to 20 February 2025 the European retail technology industry will meet again in Düsseldorf to exchange on forward-looking solutions and products for retail under the trade fair motto...

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After the summer geese, bird flu also appeared in domestic poultry

Just a few days after the confirmation of the first cases of wild birds, the laboratory of the National Food Chain Safety Office (Nébih) also detected the presence of bird...

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Soy milk is three times better than cow’s milk for cardiometabolic health

People who replace cow’s milk with soy milk can do a lot for their health, as the latter can reduce blood pressure, cholesterol and inflammation in the body – even...

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Comprehensive food rescue programme at Lidl

Lidl Magyarország is actively involved in the global fight against food waste through its comprehensive food rescue programme. As part of the nationwide “Save it!” initiative, wonky fruit and vegetables...

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ESG due diligence is increasingly common in corporate acquisitions

Despite a slowdown in the global economic environment for acquisitions, 70% of leading investors have placed a strong emphasis on ESG due diligence prior to acquisitions and mergers over the...

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Meeting at the Coca-Cola HBC headquarters

The June meeting of POPAI Hungary was held in Dunaharaszti, at the headquarters of Coca-Cola HBC Magyarország.  This article is available for reading in Trade magazin 2024/10 This article is...

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Home is where the heart is

Although European households are still struggling, the financial squeeze seems to be easing. If things continue on the current trajectory, shoppers will plan with much more confidence and increasingly buy...

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Retail’s share in household spending continues to fall in the EU

In 2023 spending in retail declined for the second year in a row, with EU citizens spending 33.9% of their money in this channel on average. This article is available...

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István Nagy: Food waste is the number one sustainability problem of the food chain

Food waste is the number one sustainability problem of the food chain, not traditional animal husbandry, irrigated farming, or large-scale food production, said the Minister of Agriculture at the conference...

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