Market News
According to the GVH, Hungarian families saved almost HUF 20 billion in three months thanks to the online price monitor
Date: 2024-09-04 12:10:57
The online price monitoring system operated by the Economic Competition Authority (GVH) moderated food inflation by 1.11 percentage points between the start of July 1, 2023 and February 2024, the...
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Refillable beverage packaging is in danger – the Humus Association urges action
Date: 2024-09-04 12:03:33
On July 1st, the redemption fee system came into effect, which also steered the regulation of beverage packaging in a new direction in Hungary. Old-style packaging is only available while...
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An investigation may be launched against Shein and Temu for dangerous products
Date: 2024-09-04 11:37:49
The two heads of the US consumer protection authority, Peter Feldman and Douglas Dziak, are urging an investigation into the e-commerce platforms Shein and Temu after finding dangerous baby and...
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This year’s pear crop is (also) weak
Date: 2024-09-04 11:36:08
Pears are one of the most important fruits of autumn, but the difficulties of production have become more and more serious in recent years both in Hungary and in Europe....
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Sustainability efforts: reality or illusion?
Date: 2024-09-04 11:27:21
This article is available for reading in Trade magazin 2024/8-9 WWF regularly carries out public attitude surveys, which show that a considerable but still small proportion of society believes that...
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Pepsi Electric: The limited edition conquers with a new taste and bold design
Date: 2024-09-04 11:24:18
In August 2024, Pepsi came up with a bold innovation: they presented the limited edition Pepsi Electric, which impresses consumers not only with its sugar-free composition, but also with its...
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Does Ryanair plan holiday packages? – Michael O’Leary would review the strategic direction
Date: 2024-09-04 11:19:54
Although Ryanair has so far focused exclusively on short-haul air travel, management has now become more open to introducing holiday packages – flights, transfers and accommodation – but only if...
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Hungarian fruit growing faces serious challenges
Date: 2024-09-04 11:10:57
Hungarian fruit growing faces a difficult and uncertain period, which is primarily determined by problems caused by climate change, labor shortages and the aging of plantations, said Ferenc Apáti, president...
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Record hot summer: we have survived the hottest months in the last 123 years
Date: 2024-09-04 11:02:07
This summer made history again, as the summer of 2023 brought two of the three hottest months of the past 123 years. The temperature record for the season was also...
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Corn can be replaced with sorghum due to the drought
Date: 2024-09-04 10:59:13
This year, extreme weather, especially drought, caused severe damage across Europe, especially in Central and South-Eastern Europe and Southern Europe. The drought resulted in significant crop losses in Hungary as...
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Salami brands: it is investment time
Date: 2024-09-04 10:54:11
2023 was a year of inflation in the food sector, but the category of high meat content salamis was hit particularly hard by rising raw material prices. There was a...
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Rising tomato prices and shrinking supply in Poland
Date: 2024-09-04 10:49:13
In Poland, the tomato season entered the second phase, characterized by a decrease in supply and an increase in prices. After minor price fluctuations at the beginning of the season,...
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Szegedi Paprika ZRt. is committed to using domestic ingredients
Date: 2024-09-04 10:12:07
For decades Szegedi Paprika Fűszer- és Konzervgyártó ZRt. has been one of the most important actors in the Hungarian canning industry. This article is available for reading in Trade magazin...
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Mercadona, Carrefour Lead Supermarket Rankings In Spain
Date: 2024-09-04 09:55:10
Mercadona and Carrefour emerged as top retailers in Spain in terms of market share for July despite experiencing some decline. Mercadona’s market share stood at 26.8% (down 0.2 percentage points...
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UK government urged to prioritise food security by think tank
Date: 2024-09-04 09:32:27
Policy Exchange reported a 30% drop in investment in the UK food and beverage manufacturing sector since 2019. The UK government has been urged to change its approach to national...
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Fifty-two winter wheat varieties and 15 rapeseed hybrids were examined in the objective national test of the GOSZ-VSZT NAK
Date: 2024-09-04 09:30:15
The first step in establishing a successful farming season is choosing the right variety. In this, the National Association of Cereal Growers (GOSZ), the Inter-Trade Association and Product Council of...
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Yili Named The World’s Most-Valuable Dairy Brand
Date: 2024-09-04 09:22:44
Yili continues to hold the title of the world’s most-valuable dairy brand for the fifth consecutive year, with the Chinese brand boasting a value of $11.6 billion (€10.4 billion), according...
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160,000 to 180,000 tons of watermelons can be harvested this year
Date: 2024-09-04 09:00:20
According to KSH data, 124.7 thousand tons of watermelons were harvested from 2.88 thousand hectares of production area in Hungary in 2023, which was 23 percent more than the amount...
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PepsiCo invests GBP 13m in its Doritos factory in Coventry
Date: 2024-09-04 08:18:33
PepsiCo is investing GBP 13m in its Coventry tortilla chips factory, which has been producing Doritos products in the UK for 30 years. This article is available for reading in...
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Young people are also using more and more smart devices to pay
Date: 2024-09-04 08:17:31
Albeit slowly, the popularity of cash among young people is decreasing, according to the latest K&H youth index. 58 percent of them are already trying to complete their shopping transactions...
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Sustainable mobility in the Westend: ground-breaking micro-mobility developments
Date: 2024-09-04 08:10:46
The new micromobility service of the Westend shopping center called “Westend – connected to the city” awaits visitors with outstanding opportunities, and its aim is to support sustainable transport. The...
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The latest issue of Trade magazin is out now!
Date: 2024-09-03 15:37:33
This time the digital version has been expanded to 256 pages, making it the biggest Trade magazin issue so far this year. You can read it now, by clicking on...
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KSH: in the second quarter of 2024, according to raw data, the performance of the economy exceeded the same period of the previous year by 1.5 percent
Date: 2024-09-03 13:19:52
The volume of Hungary’s gross domestic product in the second quarter of 2024 exceeded the same period of the previous year by 1.5 percent based on raw data, and 1.3...
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The summer food chain inspection ended with positive experiences
Date: 2024-09-03 11:58:30
The summer seasonal food chain inspection ended with favorable experiences, a small proportion of the investigations ended with fines and punishments, said the deputy state secretary for food industry and...
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Right now it is hard to tell the future from coffee grounds
Date: 2024-09-03 11:32:53
If we take a look at the last 12-month period measured – between June 2023 and May 2024 – two market researchers (using different methodologies) have found a minimal decline...
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György Raskó: there won’t be enough apples even for domestic consumption
Date: 2024-09-03 11:22:44
This year, significantly fewer apples will be harvested in Hungary than last year: the harvest will decrease by around 150,000 tons, which portends serious supply problems. The domestic harvest will...
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Smart rainwater management may be the latest trend
Date: 2024-09-03 11:11:24
Rainwater is a treasure. This is also the opinion of the Hungarian professionals interviewed by Wavin, and almost every second architect, facility operator, and city manager believes that the demand...
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An important change is coming, companies should prepare now – the EU regulation on digital accessibility will enter into force in 2025
Date: 2024-09-03 11:10:00
While the majority of companies are burning with the fever of artificial intelligence-based developments, the concept of digital equal opportunities continues to be pushed into the background, even though nearly...
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Asda stops testing refill stations
Date: 2024-09-03 10:15:27
Asda will discontinue testing its refill stations, citing challenges in the current form of the initiative’s operation. This article is available for reading in Trade magazin 2024/8-9 Cost, convenience, cleanliness...
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NAK also provides assistance to its members in land matters
Date: 2024-09-03 10:00:14
The National Chamber of Agrarian Economy (NAK) pays special attention to tasks related to land issues. Members can also contact the chamber’s experts with questions about land matters, who provide...
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