Market News
YES! – for advertising self-regulation and the relationship with CSR
Professional thinking about CSR often leaves out the question of ethical marketing and commitment to ethical advertising. Can you really be called socially responsible if your advertising is not ethical?...
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Household food security is encouraged by the Nébih campaign
This year, the National Food Chain Safety Authority (NABIH) draws the attention to the importance of household food safety and food hygiene – Nébih told MTI on Monday. The program...
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The Nébih recalled a sesame oil product from Singapore
The National Food Chain Safety Authority (Nébih) has recalled the Oh Aik Guan sesame oil product, – the authority told MTI on Tuesday. According to the information, Nébih received an...
Read moreThe price of pork increased significantly in China
In China, pork prices rose 116 percent in January, compared to a year before. According to the Chinese Bureau of Statistics, the rise in prices contributed to the 20.6 percent...
Read moreEuropean Commission: EU excise duty on tobacco products has not contributed to reducing consumption
The EU minimum excise duty on tobacco products did not contribute to discouraging consumption, although the current rules work well for the predictability and stability of Member States’ budget revenues,...
Read moreUnemployment rate is unchanged in the OECD member countries
Unemployment remained unchanged in December, with unemployment averaging 5.1 percent in OECD member countries. According to the OECD website, there were 32 million 563,000 unemployed in the OECD area in...
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Magazine: Consumer perception of innovations
In the 2nd quarter of 2019 nominal value sales were up 7.7 percent from the level of the 1st quarter. The market share of discount supermarkets reached 28 percent –...
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New managing director for FÉSZ
As of 1 January 2020 Attila Vörös is the new managing director of the Federation of Responsible Food Manufacturers (FÉSZ). Mr Vörös earned a degree in economics at Corvinus University...
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New business model in e-commerce
Webshippy launched a new service in 2020, called Dropshippy. Drop shipping is a business model, in which a retailer can operate an online shop without keeping goods in stock or...
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More digital information in the agri-food sector too
On 12 February the Hungarian Chamber of Agriculture (NAK) hosted a conference at Szent István University in Gödöllő, titled ‘Digital Information Services and Technological Development’. Experts talked about 5G, IoT,...
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Auchan makes French operations simpler
Auchan has announced 677 redundancies, which is about 17 percent of the total number of workers at its head office. The redundancies are part of a plan to save EUR...
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Online vagy? Védd magad! – Információbiztonsági programot indított a K&H
A digitalizáció kényelmesebbé, egyszerűbbé, gyorsabbá teszi számtalan mindennapi tevékenységünket, azonban az online tér számos veszélyt is rejthet, ha nem vagyunk elég elővigyázatosak, elég csak az adathalász kísérletekre vagy hackertámadásokra gondolnunk....
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Colgate to buy US vegan toothpaste company
Colgate-Palmolive Co would like to buy Hello Products LLC, a company that makes eco-friendly and animal cruelty-free toothpastes – some of which are infused with hemp seed oil. This step...
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Nestlé launches plant-based sausages
Nestlé will launch plant-based sausages that look, taste, and cook like their meat-based counterparts in Europe and the United States. In Europe the food giant will introduce the soy-based Garden Gourmet...
Read moreTesco removes plastic from canned food multipacks
Tesco has announced: they will remove plastic packaging from tinned multipacks from 2 March. Plastic packaging will be banned across Tesco’s multipack private label and branded products such as Heinz and Beanz....
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Aldi opens 6 new stores in Scotland in 2020
Aldi has announced plans to open 6 stores in Scotland this year, as it continues its expansion across the UK. The discount supermarket’s new GBP 25 million storage and chill...
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Coca-Cola to spend 1 billion euros in 5 years on French operations
Coca-Cola and Coca-Cola European Partners (CCEP) are to invest up to a EUR 1 billion over the next 5 years in its French operations. The investment will include the introduction...
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Amazon considers opening stores in Germany
Amazon.com is considering opening stores in Germany, its second biggest market after the United States. Amazon already operates stores in the USA and the UK, including the Whole Foods grocery...
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Spar Italy opens renovated distribution centre
Spar Italy’s partner Aspiag Service has recently invested EUR 1.6 million into renovating the logistics centre in Udine – this caters to Emilia-Romagna, the North East and the westernmost regions of...
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Walmart trials new technology to beat Amazon and Kroger
Walmart has been piloting a new technology called Alphabot. It is designed to enable quicker picking of online grocery orders at store level. The Alphabot system operates inside a 1,860m²...
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Lidl plans to open 50 new stores a year in France until 2022
Discounter Lidl plans to open 50 new stores a year in France by 2022, following its busiest year for new store openings in the country. Since 2012 Lidl has invested...
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Mastercard opens European Cyber Resilience Centre
Mastercard has announced that it is developing its first European Cyber Resilience Centre, a state-of-the-art cyber and security centre in Europe. The new centre will drive collaboration between the public...
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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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