Market News
There was a significant increase in retail sales in Germany in March
In March, retail sales in Germany were much better than expected, both in monthly and in annual terms. The German Federal Statistical Office (Destatis) said on Monday that, on a...
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Winners’ Games 2021
The winners of the Shop! Gllobal Awards were announced. Only national and regional gold medalists can enter this competition, so it is considered the „Oscar” for the POP industry. The...
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Prices are skyrocketing – but how long should this last?
Analysts and experts have been speculating for several months about whether a new commodity supercycle could be launched, which could lead to persistently higher commodity prices or only a temporary...
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The picture of how the Hungarian economy has been through the third wave of the epidemic is slowly coming together
Although the first quarter GDP figures will have to wait a few more weeks, in addition to investments, all relevant parts will be released in the next few days, giving...
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Another price increase is expected in the vegetable market
The inclement weather in early spring means fewer vegetables will be in stores this year, which also means a price increase. This fund does not avoid more expensive organic or...
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AM: Food companies can apply in several stages
A 50 billion HUF tender will be launched in June for micro and small enterprises in the food industry, which can be used primarily for the acquisition of assets, after...
Read moreThe Hungarian Dairy Experimental Institute is building a research and development and innovation center
The Hungarian Dairy Experimental Institute Ltd. is building a research and development and innovation center, experimental plant and laboratory in Mosonmagyaróvár from more than three billion forints. Minister of Agriculture...
Read moreAM: 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...
Read moreThe 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)...
Read moreConsumer 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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