Market News
NAV doesn’t slow down with digital development
At a conference organised by EY Szabolcs Czöndör, head of department of the National Tax and Customs Administration (NAV) told: They have started preparing for the introduction of the standard...
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Last year’s online shopping trends in Hungary
The high season for online shops have remained Black Friday and the period before Christmas, but Valentine’s Day and Halloween are also occasions when Hungarians do a bit of online...
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Ingenico integrates the Apple Pay support of loyalty programmes
Ingenico Group has announced that they started to integrate the Apple Pay support of loyalty and coupon programmes into payment terminals in the USA and in Canada. The popularity of...
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Hungarian Product gets the year going with momentum in retail chains
Managing director Eszter Benedek told that Hungarian Product Nonprofit Kft. is implementing a wobbler campaign in Auchan stores this February and October, calling shoppers’ attention to products bearing the trademark....
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Coca-Cola urges consumers for recycling with soft drink caps
Coca-Cola Magyarország is about to start a nationwide campaign for popularising selective waste collection. As part of this, there will be a graphic design urging for recycling on the caps...
Read moreSwine fever is an advantage for domestic livestock farmers
In some of our neighbors, African swine fever has caused significant economic damage, but domestic farmers have faced unprecedented opportunities thanks to the preservation of their herds. The rise in...
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New leader for Henkel’s Beauty Care division in Hungary
As of 1 February 2020, Zsuzsanna Szak took over the leadership of Henkel Hungary’s Beauty Care division from Ottó Németh. Ms Szak earned a degree in economics at the Budapest...
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Tesco trains and retrains thousands of people a year
Last year more than 3,400 workers were trained or retrained at the Tesco Academy – the retail chain announced in a press release on 24 January. The biggest part of...
Read moreAM: many measures will continue to support the farmers
The Secretary of State of the Ministry of Agriculture responsible for Agriculture and Rural Development spoke about the experiences of supports at an agricultural conference in Hévíz. Concerning direct aids,...
Read moreSzentkirályi Talent Programme relaunched
This year is the third that the Szentkirályi Talent Programme is organised: 14-18 year old kayak-canoe, fencing and pentathlon athletes can have their preparations sponsored from a budget of HUF...
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Bonduelle puts a smile on children’s face
The Hungarian Food Bank Association implemented a special campaign before Christmas in 2019. Within the framework of this, nearly 13,000 children in need received a gift box full of sweets,...
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Feldman: precision farming is essential for competitive agriculture
On Monday, the Secretary of State of the Ministry of Agriculture spoke in Veresegyháza about the importance of switching to digital precision farming. Feldman Zsolt responsible for Agriculture highlighted at...
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New mozzarella variant from Karaván
Karaván is putting a special new product on the cheese market: exciting beechwood-smoked Karaván Mozzarella. The new product is available in practical sliced format, so it is very convenient for...
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Organic young shoppers
The latest research by Packaged Facts claims that members of generations Y and Z like organic and natural products the most. They think these products represent a higher quality. Even...
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7-Eleven: More than 70,000 stores
7-Eleven has passed a major milestone: the convenience store giant has more than 70,000 stores now, with locations in several countries and regions around the world. From these 11,800 are...
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Lighter cans for Coca-Cola products
Coca-Cola Hungary reduced the weight of aluminium drink cans by 13 percent. Starting in 2020, the company uses 170 tons less aluminium per year for making cans in Hungary –...
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Nestlé invests in recycled and sustainable packaging solutions
Nestlé is investing approximately CHF 2 billion in switching from new to food-industry- quality recycled plastic use, at the same time speeding up the process of developing innovative sustainable packaging...
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Eco-friendly bags for bakery items in Interspar stores
Since December 2019 multi-use plastic bags have been available for bakery items too in Interspar hypermarkets. The bags come in two sizes, a bigger one for bread and a smaller...
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Smart diet 2030
Market research company Mintel says the food and drink trends of the next decade will be shaped by directions that take into consideration the health of both humanity and planet...
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Nestlé joins forces with Canadian plant-based ingredient maker
Nestlé has teamed up with small Canadian plant-based food ingredient makers Burcon and Merit Functional Foods. Nestlé will buy pea and canola proteins from a 20,000 tons/year Merit plant, which...
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Eco-friendly in colours too
Eco-friendly paint manufacturer IFS Coatings launched its latest colour portfolio in January. The new colour groups are called Green Guilt, Imaginative Reaction, Robotic Reality and Actual Authenticity. CEO Glynn Mason...
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Gruppo Bennet buys Interspar hypermarket in Crema
Italian retailer Gruppo Bennet has strengthened its presence in Crema – in Northern Italy – with the acquisition of an Interspar hypermarket and shopping centre. The purchase is part of...
Read moreChina’s inflation is at its an almost nine years peak
Inflation in China rose to an almost nine-year high in January as a result of rising demand due to the Lunar New Year holiday and the coronary epidemic that hit...
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Migros–Too Good To Go partnership goes nationwide
Swiss retailer Migros has announced it is extending its partnership with Too Good To Go to all regions of Switzerland. This programme seeks to reduce food waste by offering ‘magic bags’...
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Belgian Delhaize stores sell carbon-neutral bananas
Belgian retailer Delhaize has introduced ‘100-percent carbon neutral’ bananas to its product selection. The retailer said that due to reduction and compensation measures along the supply chain, from planting to delivery,...
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Carrefour enters the subscription economy
French supermarket chain Carrefour has expanded further into online groceries by acquiring a subscription box company. Potager City sells fruit and vegetable boxes to customers in 350 towns in France....
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Pen, paper, coffee
US stationery and office supplies retailer Staples ordered 1,145 coffee displays, with which they ensured the attention raising presence of Keurig coffees in 90 percent of the chain’s stores. They...
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Aldi pays higher salaries and recruits 3,800 new workers in the UK
The British arm of German discount supermarket Aldi will recruit more than 3,800 store level positions this year and increase salaries, as part of its plans to hire the best...
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Co-op UK went meat-free in January
Co-op has revealed a new meat-free range just in time for the vegan January (Veganuary). They realised their biggest launch of vegan products with new brand Gro. Made up by...
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Debenhams closes 19 stores
In early January Debenhams revealed the locations of the 19 stores which were shut in the United Kingdom in the same month, resulting in 660 job losses. The department store...
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