Market News
Nestlé joins the European Clean Trucking Alliance
Nestlé has joined the newly-formed European Clean Trucking Alliance, together with a number of other European companies. The alliance aims to accelerate the decarbonisation of road freight transport in the...
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Carrefour wants to save loss-making hypermarkets with technology
More than half of the Carrefour hypermarkets in France are loss-making. The group is investing in mobile payment options and an Amazon Go variant to make shopping as easy as...
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Twice as many Aldi stores offer home delivery
Aldi is doubling the size of its partnership with Deliveroo expanding its rapid home delivery capabilities. In May Aldi allowed shoppers to purchase food online in the UK for the...
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Wholesalers and distributors were developing steadily last year
This year is the first that our wholesaler ranking also features distributors. In our magazine’s supplement, approximately 20 companies are talking about last year’s success stories and hardships. The wholesaler...
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Penny introduces the Scan and Go system in 100 German stores
Rewe’s discounter chain Penny has rolled out its Scan and Go app at 100 stores. The new solution aims at easing and accelerating the payment process. Penny is the first...
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Reckitt Benckiser uses cleaning brands to enter into partnerships
Building on the strength of Lysol and Dettol brands, Reckitt Benckiser is seeking supply and sanitation deals with travel companies and hotels, as the coronavirus crisis makes hygiene a high priority. At the...
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Kaufland joins forces with Infarm for store-grown herbs
German retailer Kaufland has teamed up with the vertical farming company Infarm, as it aims to introduce fresh store-grown herbs in its stores. At first, Kaufland will offer the herbs in...
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Johnnie Walker to be marketed in paper bottles
Diageo has created a paper-based bottle, made entirely from sustainably sourced wood. The plastic-free bottle will enter the market with Johnnie Walker in early 2021. The innovation has sprung from...
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Promotions day with prizes and expert speakers
This year Trade magazin organised the ‘Most successful promotion of the year in 2019’ trade day online. There were nearly 100 participants, who could listen to exciting presentations too. In...
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The government supports the production of plastic substitute products
This year, the government will support the production of products replacing certain plastic products with 10 billion HUF, and has also decided to establish a domestic plastic science cluster –...
Read moreYou can stay in your home office
With the partial revival of the economy, the expectations of companies have also improved this year, as according to K & H’s June survey, almost half of Hungarian small and...
Read moreGerman exports jumped
Germany’s exports jumped significantly in June, at double-digit rates, in June compared with the previous month, while imports rose less than expected, leaving both trade and current account surpluses higher...
Read moreChina’s exports grew in July in excess of expectations
China’s exports increased in July, far exceeding expectations, but imports declined. According to data released by the Chinese customs service on Friday, the dollar-denominated value of exports rose 7.2 percent...
Read moreAn illegal tobacco factory was liquidated in Spain
Illegal tobacco factories were closed, seven people were detained, six million cigarettes ready for sale and more than 72,000 euros (about 25 million forints) in cash were seized by the...
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Smart foods available in more counties
Siófok-based Royal Sütöde Kft. has joined the franchise system of smart food maker and distributor Okos Élelmiszerek Kft., and will soon supply consumers in Bács-Kiskun County and parts of Somogy,...
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Business Dinner 2020: ‘It is unlikely that we will have to step on the brake this hard again’
Trade magazin’s traditional end-of-May Business Dinner was organised online this year. The participants were Dr Zsolt Feldman – state secretary of the Ministry of Agriculture, András Báldi PhD – scientific...
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Magazine: #buyhungarian grows into a movement
More and more companies join the ‘Buy Hungarian! Support Hungarian food companies!’ campaign – informed Eszter Benedek, managing director of Hungarian Product Nonprofit Kft. She told that any company can...
Read moreAM: this year’s wheat crop could be about 4.7 million tons
About 4.7 million tons of winter wheat were produced this year, domestic consumption is usually 2.5-3 million tons, so there is plenty remained to be exported – the Deputy State...
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Harvest has begun
With the harvesting of the earliest ripening grape variety, Csabagyöngye, the harvest began in Hungary on Saturday – the co-owner-manager of Varga Pincészet Kft. said in Ordacsehi, Somogy county. Varga...
Read moreProfession.hu: people worked 5 days a week from home during the time of the emergency at 33 percent of the companies
At the time of the emergency, employees worked 5 days a week from home during the time of the emergency at 33 percent of the companies. 16 percent had 3-4...
Read moreKSH: foreign trade surplus was 697 million euros in June
In June, the value of exports in euros decreased by 3.1 percent and imports by 5.7 percent year-on-year. The foreign trade balance of products improved by 201 million euros and...
Read moreBisnode: the willingness to start a business declined in the first half of the year
The number of companies decreased by one and a half percent, the number of company start-ups by 14.7 percent, while the number of liquidations increased by almost 40 percent in...
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Private Label gives energy
More and more consumers, especially Millennials, seek healthier energy alternatives to boost their busy on-the-go lifestyle. The category presents opportunities for FMCG market growth and private label. Chef Berry Pronk...
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Animal feed from Pakistani locusts
Pakistan has been plagued by an increasingly severe locust invasion for years. This year’s “season” has already begun and may last until mid-September – origo wrote. Scientists are working hard...
Read moreAnalysts expect further moderate improvement in retail
Macroeconomic analysts told MTI to expect a gradual recovery in retail sales, according to which the pre-pandemic level is expected to be reached by the end of the year and...
Read moreEY: our shopping habits will change forever
In the long run, one in two people’s consumption habits will be transformed by the health emergency worldwide, according to EY’s international research of more than 14,000 people. After the...
Read moreHungary successfully stood for home brandy brewing
Hungary has consistently advocated tax-free brewing for its own purposes, and this can now be achieved at the EU level as well, András Tállai, Parliamentary State Secretary of the Ministry...
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The name of the National Association of Hungarian Dietitians is abused in online advertisements
A scam three years ago hit his head again in ads circulating on the Internet. They associate the names of stars with dubious origins and effects that they do not...
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Retail sales in the euro area rose to pre-pandemic levels in June
The volume of retail sales in the euro area rose to pre-coronavirus levels in June. The European Union’s statistical office (Eurostat) announced on Wednesday that retail sales in the 19-member...
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