Market News
Polish e-commerce business Allegro enters the stock market
Date: 2020-11-01 21:08:26
Shares in Polish e-commerce group Allegro could be bought at a 50 percent higher price on their stock market debut, with a market value of approximately USD 17.6 billion. Allegro...
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Asda introduces electric delivery vehicles to reach customers in pedestrianised zones
Date: 2020-11-01 21:08:21
Asda is testing new hybrid electric delivery vehicles to reach customers in new pedestrianised and zero emission zones. Asda has teamed up with Electric Assisted Vehicles (EAV) to start a...
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Autumn poultry consumption campaign starts
Date: 2020-11-01 21:05:52
In November the Ministry of Agriculture, the Agricultural Marketing Centre (AMC) and the Poultry Product Council (BTT) launched a campaign to popularise poultry consumption. The activity informs consumers about the...
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Coop Sweden joins forces with Volta Greentech for eco-friendly milk
Date: 2020-11-01 21:05:17
Coop Sweden has announced that it has started cooperating with Volta Greentech to test the effectiveness of a feed additive that reduces methane emissions from cows. The Sweden-based start-up says that...
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Convenience = safety: Convenience during and after the pandemic
Date: 2020-11-01 15:07:40
This year isn’t only about good prices or quality products, but also about practical, fast and safe shopping. The meaning of convenience changed with the outbreak of the pandemic, shoppers...
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Portuguese beer brand Super Bock launches gluten-free beer
Date: 2020-11-01 14:34:06
Portuguese beer brand Super Bock has put a gluten-free beer on the market, which it is one of the first to be approved by the Portuguese Coeliac Association (APC). The...
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Waitrose cuts private label product prices
Date: 2020-11-01 14:28:16
British retailer Waitrose & Partners is lowering the prices of more than 200 private label products by an average of more than 15 percent. The retailer stressed: despite offering lower prices,...
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Carlsberg buys German brewery Wernesgrüner
Date: 2020-11-01 14:18:43
Carlsberg Group has announced that it agreed with Bitburger Braugruppe to acquire the Wernesgrüner Brewery. This deal also includes the Wernesgrüner brand in the Vogtland region of Saxony. The step is going...
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Carrefour bakes breads with 25 percent less salt
Date: 2020-11-01 14:14:38
Joining the battle against excessive salt consumption, French retailer Carrefour has reduced the salt content in some of its bakery items by 25 percent. The retailer introduced salt from calcium- and...
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Asda opens sustainability concept store in Leeds
Date: 2020-11-01 14:07:27
Asda has opened a sustainability concept store in Leeds, which features product refill options, packaging-free products, etc. The opening of the store in Middleton, Leeds comes with a plastics reduction...
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First Lidl+, now Netto+
Date: 2020-11-01 14:06:03
Denmark’s Salling Group has launched a new shopping app for its discount retail chain Netto, called Netto +. The new app features an ‘intelligent shopping list’ and a price scanner, and...
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Sustainably grown potatoes from Carrefour
Date: 2020-11-01 14:03:47
French retailer Carrefour markets potatoes grown using sustainable farming methods from October across the country. The potatoes – grown without the use of pesticides – are available under the Carrefour Quality...
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Auchan launches private label wine in Portugal
Date: 2020-11-01 13:59:54
Auchan has rolled out a new private label wine range, ‘Bando’ in Portugal. Bando consists of 20 SKUs from five Portuguese wine regions. Auchan plans to expand the offer to...
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Ferrero acquires Fox’s Biscuits to expand cookie business
Date: 2020-11-01 13:53:38
Nutella-maker Ferrero has agreed to purchase British company Fox’s Biscuits, as part of its strategy to expand its cookie business in Europe. The group provided no information on the value...
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Biedronka protects shoppers with longer opening hours in Poland
Date: 2020-11-01 13:53:36
Polish retailer Biedronka plans to extend the opening hours of its shops to ensure the safety of customers during the coronavirus pandemic. As part of the plan, more than 40 Biedronka...
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SPAR Austria rolls out private label protein product range
Date: 2020-11-01 13:10:08
SPAR Austria has introduced a selection of high protein private label products. The ‘High Protein’ range includes chocolate and vanilla drinks, caffé latte, crunchy vegan mueslis and Scandinavian yogurt specialty skyr....
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Digitalisation and IoT solutions are absolutely necessary
Date: 2020-11-01 13:02:54
Vodafone Business published its IoT Spotlight report, which was made with the participation of nearly 1,700 enterprises and focused on how Internet of Things (IoT) solutions affect the operations of...
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Second wave of the pandemic reaches e-commerce
Date: 2020-11-01 12:55:15
At the end of September sales revenue in e-commerce exceeded that of the May peak during the first wave of the coronavirus pandemic – reveals a survey by digital marketing...
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Hungarian retailers can now offer card payment service without a terminal
Date: 2020-11-01 12:48:18
Mastercard and Pay Point have announced that from now on Hungarian retailers can also use their Android smartphones for accepting card payment, complying with the new regulation that enters into...
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Google Pay starts at three service providers in Hungary
Date: 2020-11-01 12:43:33
On 17 November Mastercard announced that it is starting the Google Pay service in Hungary, in partnership with payment service providers Revolut, Curve and Monese. Google Pay offers fast, secure...
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Online retailers in the EU are about to become more competitive
Date: 2020-11-01 12:37:37
As of 1 July 2021 the European Union will end the 22-euro import VAT exemption of the goods that are purchased from non-EU sellers. This step means that import VAT...
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Digital economy skyrocketing in the region
Date: 2020-11-01 12:30:38
‘Digital Challengers in the Next Normal in Central and Eastern Europe’ is the title of McKinsey’s latest report that reveals: in the first five months of the pandemic – January-May...
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ProNature products combine innovation and sustainability
Date: 2020-11-01 12:08:29
Henkel’s ProNature product selection already consists of eight Clin, Bref, Pur and Somat products. These products contain more sustainable components than standard Henkel products. Their packaging – with the exception...
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Pandemic-proof muesli
Date: 2020-11-01 12:02:21
In mid-October the experts of the Association of Hungarian Confectionery Manufacturers (MÉSZ) discussed at a trade event how the muesli category continues to perform very well. President Sándor Sánta spoke...
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Once again Coca-Cola HBC is Europe’s most sustainable soft drink maker
Date: 2020-11-01 11:56:00
According to the 2020 Dow Jones Sustainability Index, Coca-Cola HBC is the most sustainably operated soft drink company in Europe. This is the seventh time in the last 8 years...
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End-of-year SIÓ campaign for children in need
Date: 2020-11-01 11:51:42
Between 1 November and 31 December Hungary’s leading fruit juice company SIÓ-Eckes is using some of the revenue from the sales of certain SIÓ products (e.g. every 1-litre SIÓ fruit...
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Tesco Box officially becomes an online shop
Date: 2020-11-01 11:45:54
In the spring Tesco launched its Tesco Box service to give those shoppers the chance to order FMCG products online that hadn’t had access to this service before the pandemic....
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Mandatory deposit return scheme for drink bottles proposed
Date: 2020-11-01 11:39:34
The Hungarian government has proposed a bill for introducing a mandatory deposit return scheme for drink containers. At the moment it seems the new system will enter into force on...
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Docking gates at Coca-Cola HBC Magyarország
Date: 2020-11-01 11:26:39
Coca-Cola HBC Magyarország has installed five separate docking gates at is production plant in Dunaharaszti. Thanks to this step the country’s biggest food industry warehouse can serve trucks even faster,...
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Christmas Candy of the Year 2020 winners named
Date: 2020-11-01 11:23:11
This year was the first that the Christmas Candy of the Year contest was organised. The organisers invited both the big manufacturers and small companies. Winners were announced in the...
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