Market News
New measure to curb food waste by Coop Switzerland
As part of its efforts to prevent food waste in the fresh meat category, Coop Switzerland is freezing certain fresh meat products on the expiry date and offering them at...
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The government provides significant support to the poultry sector
Animal husbandry continues to play a prominent role in Hungarian agriculture, especially poultry processing, where, in addition to significant added value, the export capacity is also constantly increasing, stated Dr....
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Coop Italia Adds Over 5,000 Private Label Products in Past Two Years
Over the past two years, Italian retail cooperative Coop Italia has added over 5,000 new private-label SKUs to its shelves. Between 2022 and 2024, the product expansion was a response...
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Carlsberg to build Kazakhstan factory amid new PepsiCo deal
Carlsberg has bottling agreements with PepsiCo in Norway, Sweden, Switzerland, Cambodia and Laos. Carlsberg is to set up a production plant in Kazakhstan as part of a new distribution deal...
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György Zsolt Papp was elected president of the National Chamber of Agrarian Economy
The National Chamber of Agrarian Economy (NAK) held its national delegate meeting on September 13, 2024, where the organization’s new president was elected. At the delegate meeting, István Jakab, President...
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UK government confirms ‘junk food’ advertising ban
The restrictions on advertising products high in fat, sugar and salt (HFSS) will take effect on 1 October next year. The new Labour government has made good on a pre-election...
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Garden friendly circles maintain the traditions of Hungarian gardening
We can be proud of the traditions of Hungarian gardening, which is worth maintaining and supporting, said Zsolt Feldman, the State Secretary responsible for agriculture and rural development of the...
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The domestic pear yield is at a ten-year low: The harvest volume continued to decrease this year
The worst pear yield of the past decade can be observed in Hungary in 2024, reports Portfolio, based on the latest data from the National Chamber of Agriculture and the...
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August inflation surprise: Slowing monetary deterioration, improving purchasing power
The latest inflation data from the Central Statistical Office (KSH) caused a significant surprise, as the rate of monetary deterioration slowed down to only 3.4 percent in August, which is...
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The Court of Justice of the European Union Condemned the Food Price Freeze: it violates free competition
The Court of Justice of the European Union issued a judgment in which it classified the food price freeze introduced by the Hungarian government as contrary to EU law. According...
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More than charity – what is good CSR like?
According to the K&H sustainability index from the first half of 2024, both large and small companies have seen a decline in CSR engagement owing to the difficult business environment,...
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The amount of fines that can be imposed by the GVH has increased
From August 1, 2024, the Economic Competition Office (GVH) may impose even higher fines on businesses that violate the law. On September 1, 2023, the maximum amount of the fine...
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Amazon reaches milestone in speed of delivery
Amazon has delivered more than 5 billion products worldwide in a single day, and increased its same- or next-day delivery rate by 30% year-on-year, the company announced. Tens of millions...
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The amount “expected” by pensioners has increased significantly
In order to narrowly manage everyday life after retirement, an average of nearly HUF 240,000 would be needed per month, according to the K&H recent, middle-aged, secure future survey. According...
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Soy may play a great role
Nowadays, domestic crop producers are forced to face many challenges, mainly caused by climate change, war conflicts and increasingly extreme weather conditions. Growers need to adapt quickly and efficiently to...
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New waves in logistics
Transforming consumption habits, expanding e-commerce and the demand for fast deliveries are all key drivers in the logistics sector. Plus digitalisation and the use of new technologies are essential for...
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Nébih: Italian locusts caused considerable damage in the summer in Bács-Kiskun and Csongrád-Csanád counties
Significant damage was caused in the summer in Bács-Kiskun and Csongrád-Csanád counties by the proliferating Italian locusts; the warm weather of the past two years greatly favored the reproduction of...
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The drought did not spare the pears either
This year, the lowest pear harvest of the last ten years is expected – it is clear from the overview of the National Chamber of Agriculture (NAK) and the Hungarian...
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Sustainable freshness
Az ősz beköszöntével nem csupán a természet öltözik új ruhába, hanem háztartásaink is megújulást igényelnek. Az FMCG szektor szereplői számára ez az időszak különösen fontos, mivel ilyenkor az emberek fokozott...
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SPAR Slovenia innovates with AI-generated advertising
SPAR Slovenia uses AI technologies to create and broadcast advertising videos for digital channels and instore holograms which highlight the company’s customer loyalty programme. AI-generated advertising video SPAR Slovenia launched...
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Picnic targets break-even point
Dutch online delivery service Picnic is moving closer to profitability. The retailer is already writing black figures in its home market. Robotization of its warehouses is one reason for the...
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UK convenience sector investment reaches £1bn for first time
Investment in local UK shops hit record highs over the last year as convenience store retailers look to futureproof their businesses. Over the past year, convenience retailers spent a combined...
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Planted picks Germany for second meat-alternatives factory
The Swiss start-up currently manufactures its plant-based products from a site in Kemptthal, Switzerland. Planted plans to build a second factory for meat alternatives to ramp-up production of its “whole...
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The drought did not spare the pears either
This year, the lowest pear harvest of the last ten years is expected, according to the overview of the National Chamber of Agriculture (NAK) and the Hungarian Vegetable and Fruit...
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MMSZ Green Chapter: Green Club meeting at Auchan – ESG will only work together
The June meeting of the Green Chapter of the Hungarian Marketing Association (MMSZ) began with a short introduction by Hajnalka Széll, marketing and customer relations director of Auchan. Next CSR director...
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The price of eggs has decreased significantly in Hungary
In the first fifteen weeks of the year, the price of eggs fell well below last year’s level, according to the latest data. According to the report of the Agrárközgazdasági...
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After a difficult start, the redemption system is expanding: what is the situation now?
Stores and consumers have expressed several criticisms of the recently introduced redemption system. The National Trade Association (OKSZ) highlighted three main problems: improper operation of IT systems, logistical disruptions and...
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Drought vintage: smaller quantity, but outstanding quality is expected
Due to the drought, this year’s vintage may be characterized by a smaller quantity, but potentially outstanding quality, winemakers told the Agricultural Sector. As a result of the lack of...
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A decrease in inflation favors investors and can improve food security
The Hungarian University of Agriculture and Life Sciences (MATE) remains a strategic ally of the government, and the common goal is that domestic agricultural and food industry technologies can conquer...
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Freight forwarding on a fast track
Freight forwarding is at the heart of the FMCG industry and a key driver of the global economy. This article is available for reading in Trade magazin 2024/8-9 Zoltán Üveges,...
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