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Market News

Asda offers one-hour click- and-collect service
Date: 2020-02-10 10:36:50

Asda has launched a new click-and-collect service that makes it possible for shoppers to pick up their online orders in less than an hour. With Express Click and Collect, shoppers...

Lactogal: Bio-based packaging for Mimosa milk
Date: 2020-02-10 10:33:17

Portuguese dairy company Lactogal has introduced Mimosa low fat, skimmed, and whole milk in bio-based packaging in Portugal and Spain. The milk is available in new Tetra Brik Aseptic Edge...

LDC and Luckin Coffee are to build a coffee roasting plant
Date: 2020-02-10 10:28:55

Dutch agricultural commodity merchant Louis Dreyfus Company and Chinese coffee firm Luckin Coffee have started building a joint coffee roasting plant in Xiamen, China. The plant – which is located...

Soups from Waitrose & Partners tell you to ‘Love Your Gut’
Date: 2020-02-10 10:28:48

British retailer Waitrose & Partners has launched a new range of private label, gut-friendly soups called ‘Love Your Gut’. The range has been developed by nutritionists and offers two SKUs – carrot,...

Lidl to open another distribution centre in the USA
Date: 2020-02-10 10:24:00

Lidl is expanding in the south of the USA. The discount grocer announced it will build a USD 100 million regional distribution centre in Covington, Georgia. The 86,000m² facility will...

ISM: 50 years of sweets
Date: 2020-02-10 10:20:59

ISM is the biggest annual trade fair for sweets and snacks in the world, which has been organised for 50 years. In 2020 Cologne hosted the event between 2 and...

Coca-Cola buys dairy product company fairlife LLC
Date: 2020-02-10 10:20:48

The Coca-Cola Company has announced that it has acquired a 100-percent stake in fairlife LLC, a Chicago-based manufacturer of value-added dairy products. Fairlife LLC started operations in 2012 with a high-protein milkshake,...

Gruppo Selex invests 330 million euros in its stores in 2020
Date: 2020-02-10 10:12:02

Italian retailer Gruppo Selex is going to invest EUR 330 million in opening new stores and remodelling existing supermarkets in the country next year. This budget will be used to...

The 2020 Grüne Woche broke many records
Date: 2020-02-10 10:09:04

Internationale Grüne Woche took place in Berlin between 17 and 26 January 2020. This year’s trade fair broke many records: on 129,000m² more than 1,800 exhibitors from72 countries showcased their...

Amazon India enters into partnership with Future Retail
Date: 2020-02-10 10:08:55

Amazon India is now an official sales channel of Future Retail stores, enabling the latter to reach a wider customer base. Future Retail currently has 1,500 stores, attracting over 350...

Rema 1000 and Vallø Castle join forces
Date: 2020-02-10 10:05:34

Norway’s Rema 1000 has announced a partnership with Vallø Castle for sourcing fresh organic eggs. The initiative is part of the retailer’s ’ground-to-table’ strategy that concentrates on offering special, locally produced...

Lidl launches Ireland’s first 100-percent compostable bag for potatoes
Date: 2020-02-10 10:02:26

Lidl Ireland has introduced the first fully compostable potato bag in the country, in cooperation with Meade Potato Company. The 2kg packs of Meade White Potatoes feature packaging made from...

A top feeling
Date: 2020-02-10 09:58:21

In 2020 economic growth was around 5 percent in Hungary, and this was one of the top growth rates in the EU. For 2020 GKI calculates with a 3-3.5 percent...

Whole-Foods and Parmigiano Reggiano sign distribution deal
Date: 2020-02-10 09:51:19

Italy’s Consorzio Parmigiano Reggiano has signed a distribution agreement with Whole Foods Markets, which is valid in the USA, Canada and the UK. The agreement – signed with the USA-based...

Valio and Stora Enso trial wood-based biocomposite packaging
Date: 2020-02-10 09:49:12

Valio and Stora Enso are going to distribute 10,000 wood fibre-based reusable lids made from a biocomposite, while encouraging consumers to reduce food waste. The reusable lids will be used...

Lower wheat prices
Date: 2020-02-10 09:44:14

In January the United States Department of Agriculture (USDA) published a forecast that says the world’s chicken production will increase by 4.5 percent to 103.5 million tons this year. According...

Magazine: Modern wine sector management
Date: 2020-02-10 07:00:27

Members agreed at the November meeting of the National Council of Wine Communities (HNT) that one of their main tasks in the previous four years had been reorganising the public...

The foreign trade surplus last year was almost 5 billion euros
Date: 2020-02-07 11:15:45

The value of exports in euro terms increased by 4.0 percent and imports rose 4.8 percent in 2019, and the foreign trade surplus fell by 4.985 billion euros to 535...

Agricultural Research Center: The fruit research center in Cegléd was refurbished from about 250 million HUF
Date: 2020-02-07 11:13:31

The Cegléd Research Station of the Fruit and Ornamental Plant Research Institute of the National Center for Agricultural Research and Innovation (NAIK) was renovated from about 250 million forints –...

NAV found 27 million HUF worth tax-free cigarettes on the M3 motorway
Date: 2020-02-07 11:01:00

About 27 million HUF worth tax-free cigarettes were found in a truck on the M3 motorway – the National Tax and Customs Administration (NAV) told MTI on Friday. According to...

Allen & Overy: a decline in international mergers and acquisitions rates last year
Date: 2020-02-07 11:00:06

The global Mergers and Acquisitions (M&A) market has seen a decline in international transactions, with investors focusing primarily on their own markets last year – the Hungarian partner of Allen...

FAO: Food Price Index eases in October as dairy prices decline
Date: 2020-02-07 10:15:55

Global food prices dipped in October, led lower by dairy products, averaging 27 percent below its all-time high reached in early 2011. The FAO Food Price Index averaged 176.4 points...

Legislation and subsidies help to increase irrigated areas
Date: 2020-02-07 09:45:24

The new legislation, which came into effect in January 2020, provides an opportunity to expand irrigated areas in Hungary, for which simplified irrigation development plans can be made and farmers...

FAO: world food prices continued to increase in January
Date: 2020-02-06 11:45:42

World food prices have risen in January for the fourth consecutive month, this time mainly due to higher prices of vegetable oils, sugar and cereals. The January Food Price Index...

Professional federation: the number of students opting for the agricultural engineering profession has increased
Date: 2020-02-06 11:12:12

In five years, the number of students opting for the agricultural engineering profession has increased by 70 percent, most of them choosing an agricultural career because of competitive income, high-tech...

EY: Hungarian companies have a lot to do because of Brexit
Date: 2020-02-06 11:11:45

Hungarian firms have a lot to do with Brexit, with the UK’s exit from the EU. It will most affect the issue of customs and VAT, says EY in a...

Retail sales in the Czech Republic increased by 4.8 percent last year
Date: 2020-02-06 11:10:05

Retail sales in the Czech Republic rose 4.8 percent last year, the Czech Statistical Office (CSÚ) said in a statement on Wednesday in Prague. Retail sales growth has been steady...

Romanian retail sales increased by 7.2 percent last year
Date: 2020-02-06 11:07:18

Romanian retail sales grew 7.2 percent last year – the Romanian National Institute of Statistics announced oon Wednesday. The increase was mainly due to non-food sales, of which sales increased...

Israeli scientists plant date palms from two thousand year old seeds in Israel
Date: 2020-02-06 11:04:47

Israeli scientists planted six date palm trees from the seed from Jesus’ age. Professionals hope to be able to grow a date palm on male-female seeds found in the Judean...

Euro area private sector’s growth accelerated slightly in January
Date: 2020-02-06 11:03:56

The year started stronger in the euro area private sector, with economic growth slightly accelerating in January – according to IHS Markit’s Purchasing Manager Indexes. The Eurozone Composite Purchasing Manager...

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Asda offers one-hour click- and-collect service Date: 2020-02-10 10:36:50

Lactogal: Bio-based packaging for Mimosa milk Date: 2020-02-10 10:33:17

LDC and Luckin Coffee are to build a coffee roasting plant Date: 2020-02-10 10:28:55

Soups from Waitrose & Partners tell you to ‘Love Your Gut’ Date: 2020-02-10 10:28:48

Lidl to open another distribution centre in the USA Date: 2020-02-10 10:24:00

ISM: 50 years of sweets Date: 2020-02-10 10:20:59

Coca-Cola buys dairy product company fairlife LLC Date: 2020-02-10 10:20:48

Gruppo Selex invests 330 million euros in its stores in 2020 Date: 2020-02-10 10:12:02

The 2020 Grüne Woche broke many records Date: 2020-02-10 10:09:04

Amazon India enters into partnership with Future Retail Date: 2020-02-10 10:08:55

Rema 1000 and Vallø Castle join forces Date: 2020-02-10 10:05:34

Lidl launches Ireland’s first 100-percent compostable bag for potatoes Date: 2020-02-10 10:02:26

A top feeling Date: 2020-02-10 09:58:21

Whole-Foods and Parmigiano Reggiano sign distribution deal Date: 2020-02-10 09:51:19

Valio and Stora Enso trial wood-based biocomposite packaging Date: 2020-02-10 09:49:12

Lower wheat prices Date: 2020-02-10 09:44:14

Magazine: Modern wine sector management Date: 2020-02-10 07:00:27

The foreign trade surplus last year was almost 5 billion euros Date: 2020-02-07 11:15:45

Agricultural Research Center: The fruit research center in Cegléd was refurbished from about 250 million HUF Date: 2020-02-07 11:13:31

NAV found 27 million HUF worth tax-free cigarettes on the M3 motorway Date: 2020-02-07 11:01:00

Allen & Overy: a decline in international mergers and acquisitions rates last year Date: 2020-02-07 11:00:06

FAO: Food Price Index eases in October as dairy prices decline Date: 2020-02-07 10:15:55

Legislation and subsidies help to increase irrigated areas Date: 2020-02-07 09:45:24

FAO: world food prices continued to increase in January Date: 2020-02-06 11:45:42

Professional federation: the number of students opting for the agricultural engineering profession has increased Date: 2020-02-06 11:12:12

EY: Hungarian companies have a lot to do because of Brexit Date: 2020-02-06 11:11:45

Retail sales in the Czech Republic increased by 4.8 percent last year Date: 2020-02-06 11:10:05

Romanian retail sales increased by 7.2 percent last year Date: 2020-02-06 11:07:18

Israeli scientists plant date palms from two thousand year old seeds in Israel Date: 2020-02-06 11:04:47

Euro area private sector’s growth accelerated slightly in January Date: 2020-02-06 11:03:56