Market News
Netto Completes Conversion Of Stores To 3.0 Concept
Salling Group is set to complete the conversion of all Danish Netto outlets to its new 3.0 concept, with the reopening of its store in Rødby. The conversion of the...
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Demand for sustainable cosmetics is little in Germany
When it comes to the sustainability of cosmetic products, German consumers focus on environmentally friendly ingredients and packaging. They expect products to be produced in Germany if possible and not...
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FruitVeb and NAK prepared a fruit and vegetable sector bulletin
The fruit and vegetable sector bulletin summarizing the results of the past 10 years was prepared by FruitVeB, the Hungarian Vegetable and Fruit Trade Organization and Product Council, and the...
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Nébih: Edco Magyarország Kft. recalled kitchen appliances
Due to the release of dangerous compounds, the distributor Edco Magyarország Kft. recalled Alpina brand kitchen appliances from the stores, the National Food Chain Safety Office (Nébih) told MTI. Nébih...
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The solvency of Central Hungary is still the worst, but the region has started to improve strongly
The effects of high inflation are still felt more strongly in regions more embedded in the world economy, but Central Hungary is catching up at a fast pace: its solvency...
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CSAOSZ conference: reducing food loss via sustainable packaging
The National Association of Packaging and Materials Handling (CSAOSZ) has been the first in Central Europe to organise an international conference on the role of sustainable packaging in preventing food...
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Consumers benefit from the change in warranty rules
By amending the mandatory warranty rules, consumers will be given new and broader rights against businesses. It is worthwhile to monitor these and use our rights provided by the legislation...
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Is something missing?
Last November the National Association of Plant Based Food Manufacturers and Distributors (NÉGYOSZ) organised a conference on the development of more sustainable domestic food systems. This article is available for...
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Albertsons enters e-commerce partnership with Grubhub
The restaurant delivery company is providing delivery service in as little as an hour from nearly 1,800 of the grocer’s stores under a deal announced June 25. Albertsons has tapped...
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Haleon to sell nicotine replacement therapy business outside US for $633 mln
Haleon will sell its nicotine replacement therapy business outside the U.S. to a unit of India’s Dr. Reddy’s for 500 million pounds ($632.55 million), the British consumer healthcare company said...
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Spain removes VAT on olive oil to boost flagging industry
Following a cut to 5% from an original 10% last year, the government has announced the tax will be 0% from 1 July. Spain is attempting to come to the...
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There are serious differences between the savings of people in their twenties
Less than half of young people, 45 percent, have no savings at all. Those who have, had HUF 643,000 on average in the second quarter of this year, according to...
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KPMG: AI is no longer just knocking on the door, it has knocked it down
The experts of KPMG Hungary, which is 35 years old this year, summarized the digital trends of the future and how companies can successfully connect to them in connection with...
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Euro zone inflation slowed down in June
In line with analysts’ expectations, annual inflation slowed in the euro area in June, according to preliminary data published on Tuesday by Eurostat, the statistical office of the European Union....
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The OKSZ is optimistic about the introduction of mandatory promotions
Since the first of July, mandatory store promotions, which had been a prescribed practice for retailers for certain products, have been abolished in Hungary. At the same time, the last...
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MAGYAR TERMÉK Nonprofit Kft. signed a cooperation agreement with the Office of Education
MAGYAR TERMÉK Nonprofit Kft. signed a cooperation agreement with the Office of Education, so Magyar Product and its trademark system will be part of the public education curriculum. This cooperation...
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BCSDH’s “Leaders of the Future” talent program was the winner of the Stimulation of Sustainable Transition award category in the national round of the European Business Development Award
The Hungarian Business Council for Sustainable Development (BCSDH) with its “Future Leaders” talent program won first place in the “Encouraging sustainable transition” category in the national round of the European...
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The EU authorizes the use of genetically modified corn as food and feed
The European Commission has authorized the use of two varieties of genetically modified corn as food and feed, the Brussels body announced on Tuesday. The commission’s authorization decision allows these...
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Nébih: 3 out of 27 gins did not meet the requirements
In the comparative examination of the product test of the Süpermenta program, 27 gins were analyzed, of which 3 did not meet the legal requirements based on the food quality...
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Melon season is getting longer and longer
In retail, the melon season is being postponed more and more, say Auchan experts. From the beginning of April to the end of September, the department stores sell melons. At...
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Focus on ESG: what is double materiality?
The widespread adoption of sustainability measures and ESG policies is creating new challenges for companies. Under the Sustainability Act (Act 108 of 2023) and the EU’s Corporate Sustainability Reporting Directive...
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Profession.hu: The season of casual jobs has started
The beginning of the season of casual jobs can be dated to the end of spring: from the second half of May, job advertisements recruiting for this type of assignment...
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Discounted food prices will remain in Lidl for the benefit of customers
Discounted prices and promotions will continue to be available in Lidl Hungary stores. Although according to the decision of the Ministry of National Economy, domestic supermarket chains are no longer...
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World’s biggest dairy company rolls out plant-based brand
Lactalis has launched a new plant-based brand called “Enjoy!”. The France-based company came out with the new product range in Canada. This article is available for reading in Trade magazin...
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Never before have so many agricultural investments in irrigation development received support
Due to the changed climatic conditions, all irrigation development projects that farmers want to implement have received support from the Ministry of Agriculture, Minister of Agriculture István Nagy announced on...
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Billa, Penny, Shell Team Up To Expand EV Charging Infrastructure In Czechia
Billa, Penny and Shell have entered into a strategic partnership in Czechia that will see the companies supporting the development of electric vehicle charging facilities. The partners will construct public...
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PepsiCo experiments with Smart Cans, AI tech to improve personalization
PepsiCo this year used Cannes Lion to preview new experiments that meld marketing, design and technology, with a focus on leveling up personalization. The marketer showed off a new AI...
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The EU authorizes the use of genetically modified corn as food and feed
The European Commission has authorized the use of two varieties of genetically modified corn as food and feed, the Brussels body announced on Tuesday. The commission’s authorization decision allows these...
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Environmental Concerns Prompting Consumers To Switch Diets
A sizeable number of consumers that are changing what they eat say they are doing so for environmental reasons, a study by the Marine Stewardship Council (MSC) has found. The...
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A Hungarian development enables cost-effective rabbit meat production
The digital development of the University of Veterinary Medicine and Tetrabbit Kft. makes cost-effective rabbit meat production possible, the university told MTI on Monday. The my-rabbit.eu IT system supervises the...
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