Market News
The domestic pear yield is at a ten-year low: The harvest volume continued to decrease this year
The worst pear yield of the past decade can be observed in Hungary in 2024, reports Portfolio, based on the latest data from the National Chamber of Agriculture and the...
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August inflation surprise: Slowing monetary deterioration, improving purchasing power
The latest inflation data from the Central Statistical Office (KSH) caused a significant surprise, as the rate of monetary deterioration slowed down to only 3.4 percent in August, which is...
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The Court of Justice of the European Union Condemned the Food Price Freeze: it violates free competition
The Court of Justice of the European Union issued a judgment in which it classified the food price freeze introduced by the Hungarian government as contrary to EU law. According...
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More than charity – what is good CSR like?
According to the K&H sustainability index from the first half of 2024, both large and small companies have seen a decline in CSR engagement owing to the difficult business environment,...
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The amount of fines that can be imposed by the GVH has increased
From August 1, 2024, the Economic Competition Office (GVH) may impose even higher fines on businesses that violate the law. On September 1, 2023, the maximum amount of the fine...
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Amazon reaches milestone in speed of delivery
Amazon has delivered more than 5 billion products worldwide in a single day, and increased its same- or next-day delivery rate by 30% year-on-year, the company announced. Tens of millions...
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The amount “expected” by pensioners has increased significantly
In order to narrowly manage everyday life after retirement, an average of nearly HUF 240,000 would be needed per month, according to the K&H recent, middle-aged, secure future survey. According...
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Soy may play a great role
Nowadays, domestic crop producers are forced to face many challenges, mainly caused by climate change, war conflicts and increasingly extreme weather conditions. Growers need to adapt quickly and efficiently to...
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New waves in logistics
Transforming consumption habits, expanding e-commerce and the demand for fast deliveries are all key drivers in the logistics sector. Plus digitalisation and the use of new technologies are essential for...
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Nébih: Italian locusts caused considerable damage in the summer in Bács-Kiskun and Csongrád-Csanád counties
Significant damage was caused in the summer in Bács-Kiskun and Csongrád-Csanád counties by the proliferating Italian locusts; the warm weather of the past two years greatly favored the reproduction of...
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The drought did not spare the pears either
This year, the lowest pear harvest of the last ten years is expected – it is clear from the overview of the National Chamber of Agriculture (NAK) and the Hungarian...
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Sustainable freshness
Az ősz beköszöntével nem csupán a természet öltözik új ruhába, hanem háztartásaink is megújulást igényelnek. Az FMCG szektor szereplői számára ez az időszak különösen fontos, mivel ilyenkor az emberek fokozott...
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SPAR Slovenia innovates with AI-generated advertising
SPAR Slovenia uses AI technologies to create and broadcast advertising videos for digital channels and instore holograms which highlight the company’s customer loyalty programme. AI-generated advertising video SPAR Slovenia launched...
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Picnic targets break-even point
Dutch online delivery service Picnic is moving closer to profitability. The retailer is already writing black figures in its home market. Robotization of its warehouses is one reason for the...
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UK convenience sector investment reaches £1bn for first time
Investment in local UK shops hit record highs over the last year as convenience store retailers look to futureproof their businesses. Over the past year, convenience retailers spent a combined...
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Planted picks Germany for second meat-alternatives factory
The Swiss start-up currently manufactures its plant-based products from a site in Kemptthal, Switzerland. Planted plans to build a second factory for meat alternatives to ramp-up production of its “whole...
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The drought did not spare the pears either
This year, the lowest pear harvest of the last ten years is expected, according to the overview of the National Chamber of Agriculture (NAK) and the Hungarian Vegetable and Fruit...
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MMSZ Green Chapter: Green Club meeting at Auchan – ESG will only work together
The June meeting of the Green Chapter of the Hungarian Marketing Association (MMSZ) began with a short introduction by Hajnalka Széll, marketing and customer relations director of Auchan. Next CSR director...
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The price of eggs has decreased significantly in Hungary
In the first fifteen weeks of the year, the price of eggs fell well below last year’s level, according to the latest data. According to the report of the Agrárközgazdasági...
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After a difficult start, the redemption system is expanding: what is the situation now?
Stores and consumers have expressed several criticisms of the recently introduced redemption system. The National Trade Association (OKSZ) highlighted three main problems: improper operation of IT systems, logistical disruptions and...
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Drought vintage: smaller quantity, but outstanding quality is expected
Due to the drought, this year’s vintage may be characterized by a smaller quantity, but potentially outstanding quality, winemakers told the Agricultural Sector. As a result of the lack of...
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A decrease in inflation favors investors and can improve food security
The Hungarian University of Agriculture and Life Sciences (MATE) remains a strategic ally of the government, and the common goal is that domestic agricultural and food industry technologies can conquer...
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Freight forwarding on a fast track
Freight forwarding is at the heart of the FMCG industry and a key driver of the global economy. This article is available for reading in Trade magazin 2024/8-9 Zoltán Üveges,...
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Successful cooperation between Bitburger and UEFA Euro 2024
Bitburger’s partnership with UEFA Euro 2024 has exceeded expectations. The beer brand was present in more than 90 large areas – the ten Euro 2024 stadiums, hospitality venues and fan...
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From neutral to characteristic
Nowadays old, long-established vodka brands are surprising consumers with creative ideas and new approaches, just like young, innovative companies do. This article is available for reading in Trade magazin 2024/8-9...
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The protracted drought also caused billions in damage to the fish ponds
Minor or major damage related to the hot, rainless weather of the past two months has been reported for 10-15 percent of the more than 2,200 fish farming water areas...
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The KAP directors-general discussed the simplification of farmer support in Budapest
Simplifying the support system operating within the framework of the Common Agricultural Policy is extremely important from the point of view of the future of European agriculture, said Zsolt Feldman...
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The role of veterinarians is indispensable in agriculture
Nowadays, more and more attention is paid to safe food supply. Veterinarians have a special role in this, both in protecting the health of animals, and in the fight against...
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7-Eleven feels undervalued by Couche-Tard
7-Eleven is playing hard to get by Couche-Tard. The Japanese owner calls the Canadians’ bid too low and fears issues with the antitrust authorities. That Couche-Tard is launching a takeover...
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33% of holiday shoppers plan to spend less this year: Bankrate
Concerns around high interest rates and inflation are stressing consumers’ budgets, according to a recent report. Bankrate’s recent holiday report indicates how inflation and other macroeconomic factors are putting pressure on...
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