Market News
Aldi plans to expand in Italy and Switzerland
Until 2020 Aldi Süd plans to open 80 new stores in Italy, 600-800m² shops with dedicated sections for fruit and vegetable, wine, food and baked goods. In Switzerland the retailer...
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Italy’s illycaffè wants to conquer the USA
Illycaffè currently operates 23 units in North America and in the next 5 years they intend to open 200 new cafés in the USA. For illycaffè the US market accounts...
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Kroger opens its first ‘food hall’ concept store
Kroger has opened a 4,800m² store in the centre of Cincinnati, which features a 650m² dedicated food hall on the 2nd floor, seating up to 200 guests. By offering a...
Read moreTesco tests checkout-free shopping
Tesco has invested in Trigo Vision a checkout-free start-up company, to test cashierless technology at its Tesco Express store. Trigo Vision’s technology will make it possible for Tesco app users to...
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Green light for the merger of Extreme Digital and eMAG
On 17 October 2019 the Hungarian Competition Authority (GVH) approved of the merger of Extreme Digital Zrt. and eMAG (the Hungarian affiliate of eMAG that forms part of the South...
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Everything, no matter from where
On 14 October Ecommerce Hungary organised a conference on mobile apps. Because of the digitalisation and mobile first trends, today’s shopping habits are characterised by the ‘buying everything, no matter...
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E-commerce is growing fast
GfK has done a major online survey on the digital consumption habits of Hungarians in 2019. The answers given in the 1,500-respodent study have revealed that the number of regular...
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Hungarian businesses have discovered online marketplaces
GKI Digital’s estimation is that there are more than 4,500 enterprises in Hungary (mainly SMEs) that have some kind of connection with selling at online marketplaces. Net sales by these...
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Magyarvíz takes steps to protect the environment
Lajosmizse-based Magyarvíz Kft. is one of the biggest players in the Hungarian mineral water market. The company has reduced the weight of PET bottles, so in comparison with 2017, 10-12...
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Smart malls are coming
Between 2019 and 2020 about 4.4 million square metres of new mall floor space will be created in Central and Eastern Europe, which will answer the challenges of retail in...
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Consumers show interest in small neighbourhood shops
A survey by Miutcánk – done with 850 internet users in early October in connection with the #ibuyitlocally campaign – points out that the majority of consumers, 95 percent like...
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GKI’s business confidence index hits a nadir
In October the GKI business confidence index decreased less than the margin of error, still it hit an almost 3-year nadir. Business expectations have been worsening since the beginning of...
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Coca-Cola plans to use bottles made of paper and waste collected from the seas
As part of the World Without Waste initiative that the company announced last year, Coca-Cola has teamed up with Danish paper bottle start-up Paboco. Paboco’s goal is to be the...
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More expensive oilseeds
According to data from the National Agricultural Research and Innovation Centre (NAIK), the average production price of raw milk was HUF 100.48/kg in Hungary in September 2019. The export price...
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Deufol builds factory in Debrecen with 1.4-billion-forint state funding
German company Deufol is building one of Europe’s most modern packaging and logistics plants in Debrecen, from a budget of HUF 7 billion. The company has 90 premises in 11...
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South Korea’s favourite soft drink now sold in Hungarian shops too
Milk-based carbonated soft drink Milkis was launched 30 years ago. The South Korean product is already very popular in Russia, and now it can also be found on the shelves...
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Aldi bans plastic shopping bags
ALDI Hungary has banned plastic shopping bags, in the future biodegradable plastic bags, paper bags and multi-use shopping bags will be available to customers in ALDI stores. At the same...
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Investments for the community rewarded in four categories
Effekteam has honoured what companies do for the environment or the community in four categories. Winners from the FMCG sector: Tesco-Global Áruházak Zrt. won with its food saving programme –...
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Confectionery association asks for support for SMEs
The Association of Hungarian Confectionery Manufacturers has published a press release, which says that the Hungarian confectionery sector can only remain competitive and maintain its export performance if SMEs are...
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Life is fantastic without plastic!
SPAR’s long-term objective is to stop using materials in the packaging of private label products that are difficult to recycle, and to only utilise just as much packaging material that...
Read moreAM: The government is committed to safeguarding agricultural subsidies
The Hungarian government is committed to maintaining EU subsidies for agriculture and transitional national subsidies after 2020 – the Deputy Minister of State said at the Jubilee Conference of the...
Read moreITM: the Hungarian multi-program encourages the most promising domestic SMEs
The most promising small and medium-sized enterprises (SMEs) will be encouraged by the Hungarian multi-program, which will receive more than 13 billion HUF non-refundable grants in the third part of...
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The Kossuth Prize winning Csík Zenekar is campaigning for food safety
The Kossuth Prize winning Csík Zenekar is campaigning for food safety The members of the Kossuth Prize-winning Csík Zenekar. Vecsei H. Miklós, actor of Vígszínház, Grecsó Krisztián writer, poet and...
Read moreThe Minister of Agriculture negotiated about agricultural technology transfer knowledge with his Brazilian counterpart on Thursday
Nagy István, Minister of Agriculture negotiated with his Brazilian partner about agricultural technology transfer knowledge – the Ministry of Agriculture told MTI. Fernando Silveira Camargo, Minister of the Brazilian Ministry...
Read more95 percent of baby foods in the United States are contaminated with heavy metals
Most baby foods examined in the United States contained lead and other heavy metals. Of the 68 brands tested by Healthy Babies Bright Futures (HBBF), 95 percent of 168 baby...
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Earnings continued to grow
In July, average gross and non-discounted earnings increased by 10.7 percent and net earnings, adjusted for discounts, increased by 10.9 percent year-on-year – the Central Statistical Office (KSH) announced on...
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Magazine: Canned food products underwent software and hardware update
According to András Szirbek, marketing director of Bonduelle Central Europe Kft., the main canned food consumption trends are the same in Hungary as in other parts of Europe: sales of...
Read moreNagy István: honey production should be encouraged
Around 20,000 bee-keeping families, 1.2 million bee colonies are living in Hungary. About 20-25,000 tonnes of honey are produced a year in the country. Honey production needs to be stimulated...
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Fruitveb: this year’s nut crop may be a medium
Like last year, a medium amount of about 7-7,500 tons of nuts can be produced in the country – the vice president of FruitVeB Hungarian Interprofessional Organization and Product Council...
Read moreThe NAK has started to reconcile the data of the single requests
On 14 October, the Hungarian State Treasury (MÁK) commenced data reconciliation of area-based single claims, which will be sent to more than seven thousand farmers – the National Chamber of...
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