Market News

Chamber of Agriculture: there are plenty of goose thighs for Martin’s Day

The goose thigh, an essential part of Martin’s Day feasts, will be available in plentiful quantities this year as the number of waterfowl slaughtered has increased this year after a...

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The turnover of 43 percent of Hungarian online stores increased during the pandemic

The turnover of webshops operating in Hungary has increased by 43 percent and the turnover has decreased by only 12 percent since the outbreak of the coronavirus pandemic – according...

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The Ministry of Agriculture is helping to make a conscious purchase with an eco-label campaign

The Ministry of Agriculture (AM) has launched an online campaign on the importance of the eco-label in order to draw attention to the importance of environmentally conscious purchasing, said László...

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NAK-MAGOSZ: agricultural damage caused by wild geese can be reduced

Wild geese overwintering in Hungary, cause significant damage to agriculture year after year mainly in the Trans-Tisza region, which may be mitigated by the recent amendment to the legislation on...

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The unemployment rate in the OECD has fallen

The unemployment rate in the 37 member states of the Organization for Economic Co-operation and Development (OECD) fell from 6 percent in August to 5.8 percent in September. According to...

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NAV seized more than 5.3 billion HUF worth untaxed cigarettes

Employees of the National Tax and Customs Administration (NAV) seized a total of 2.8 million boxes of unsealed cigarettes at a port in Tolna County and a warehouse in Pest...

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Recent research confirms that shoppers aren’t just looking for Black Friday deals on one single day

On behalf of the Euronics Technical Store Chain, reacty digital pollsters assessed the expectations of the Hungarian adult population regarding Black Friday promotions. According to the results of the research,...

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Kaufland introduces recycled plastic household products

In cooperation with PreZero, Schwarz Group member Kaufland has launched private label household products made from 100 percent recycled plastic. This move is part of the group’s REset Plastic strategy....

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Methodology for the rapid identification of food counterfeiting has been developed

The rapid identification of food counterfeits at Halker Kft. is in operation from January, the methodology was developed by the consortium led by the company as part of a 1.46...

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Money, flexibility, and a cool boss – this is what young workforce is after when choosing a workplace

According to PwC’s Employee Preference Survey, corporate culture and management have gained importance in the workplace choices of young people in the second year of Covid. The option of working...

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Stora Enso to concentrate on renewable materials

Packaging firm Stora Enso is going ahead on its journey of transformation into a renewable materials growth company. The company is restructuring its paper business because of the decline in...

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In October, prices increased by 6.5 percent compared to the same month of the previous year

In October this year, consumer prices were on average 6.5 percent higher than a year before. Over the past year, the prices of fuels, spirits and tobacco have risen significantly....

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Total gross output from agriculture rose 4.6 percent last year

The total gross output of agriculture exceeded 2.9 trillion HUF in 2020, which is a 4.6 percent increase compared to the same period of the previous year. According to the...

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ZEW’s German investor sentiment index improved in November

Instead of the expected deterioration, the German investor sentiment index improved in November, according to a survey published on Tuesday by the ZEW Economic Research Institute. The sentiment index for...

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When your business steps up: 5 tips for business development

It is a huge challenge and often a new time in the life of SMEs when they turn to new markets, expand their activities or simply increase their customer base...

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These will be the 4 most important soft skills in the coming years

It is not only companies that develop the soft skills of employees in the form of trainings: there are already universities in Hungary where improving the “soft skills” of students...

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Finally we are competing together again

In October POPAI Hungary Association held a hybrid meeting at the Heineken headquarters in Budapest. Dániel Salem, Heineken’s national trade marketing manager gave a presentation about what sporting events mean...

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School year start around the world

Shop! has collected this year’s Back to School point of sale and shopper activations from 12 countries – the Czech Republic, France, the Netherlands, Ireland, Hungary, Germany, Austria, Russia, Spain,...

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Black Friday: Traps and opportunities

LogiNet and Reacty Digital have organised a webinar to share their thoughts on the traps hidden in and the opportunities offered by Black Friday. Participants learned that in Hungary one...

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Péter Geszti: ‘We live in digital feudalism’

Trade magazin’s Business Podcast, Future Talks with Szilvia Krizsó continues   In the latest episode of the Future Talks podcast Szilvia Krizsó’s guest was Péter Geszti. This article features parts...

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Z+D joins the Coop Group

On 1 January 2022 a new franchise member will join the Coop Group in the Western Transdanubia region: Z+D Nagykereskedelmi és Diszkont Kft. is going to be a regional centre...

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Kaufland Slovakia to supply primary schools with fresh fruits

Kaufland Slovakia will supply primary schools with fresh fruits and vegetables as part of its Fresh Headers project. The project will see the retailer distribute up to 2,900 kilograms of...

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Carrefour to trial subscription service

Until the end of the year Carrefour is testing a subscription service called Carrefour +, which allows customers to benefit from a 15-percent discount on products. The service costs EUR...

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Asda employs greengrocers in 150 stores

From October Asda will appoint specialist in-store greengrocers in 150 stores. The scheme is part of a GBP 9 million investment to expand its fruit and vegetables offering and focus...

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Pepsi celebrates the 50th anniversary of ‘Grease’ with limited edition drinks

Pepsi has put a new drink on the market under its Soda Shop range, in Cream Soda and Black Cherry variants – made with real sugar. For the launch of...

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Waitrose: Further bans on single-use plastic bags

Waitrose’s objective is to scrap 40 million single-use plastic bags per year by removing them from deliveries. Bags for life – which cost 10p – will also be discontinued in...

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Albert Heijn and BP expand cooperation in the Netherlands

Ahold-Delhaize group member Albert Heijn and mineral oil group BP are extending their cooperation: in the years to come AH-To-Go convenience stores will open at 100 service stations. There are...

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Pyaterochka and Coca-Cola come out with recycled streetwear range in Russia

Russian retailer Pyaterochka has teamed up with Coca-Cola in Russia to launch a limited-edition streetwear collection made of recycled Coca-Cola bottles and other recycled materials. With the collection the retailer...

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Birds Eye and BlueNalu team up to experiment with lab-grown seafood

Birds Eye – the largest frozen food group in Europe – has joined forces with US company BlueNalu to develop seafood products grown from cells in a laboratory rather than...

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Diageo invests in Japanese whiskey

Through Distill Ventures, Diageo has made a minority investment in Japan’s Komasa Kanosuke Distillery, a Kagoshima-based ultra-premium single-malt whiskey maker. The investment will back the next stage of the company’s...

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