Market News
Farmer-centric agricultural policy after 2027 receives unanimous support
Date: 2024-12-10 10:00:37
The EU member states’ agriculture ministers have adopted Council conclusions on the farmer-centric common agricultural policy (CAP) after 2027, which is a fantastic success, as it gives impetus to the...
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Coca-Cola, Grab strengthen partnership to engage hybrid shoppers in SEA
Date: 2024-12-10 09:48:32
It includes regional campaigns across both online and offline channels. Coca-Cola and Grab are strengthening their partnership to target hybrid shoppers in Southeast Asia by combining Coca-Cola’s offline retail presence...
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Online and discount grocery to experience fastest growth in next 5 years
Date: 2024-12-10 09:43:31
Online and discount grocery channels are set to experience the fastest growth worldwide over the next five year, according to the latest forecast from the Institute of Grocery Distribution (IGD)....
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Monoprix Announces Plan To Enter Egypt In 2025
Date: 2024-12-10 09:37:58
French retailer Monoprix plans to make a debut in Egypt next year as part of its international expansion. Monoprix has teamed up with Egyptian convenience retailer TMT, which operates the...
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Slow but steady growth in sunflower producer prices
Date: 2024-12-10 09:30:28
Oil World experts expect a global sunflower seed harvest of 53.7 million tonnes in the 2024/2025 marketing year, down 9 percent from 2023/2024. The expected consumption is 55.4 million tonnes,...
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We won an important battle under the leadership of the Hungarian Presidency at the Agriculture Council meeting
Date: 2024-12-10 09:00:36
We won an important battle under the leadership of the Hungarian Presidency at the Agriculture Council meeting in Brussels, we defended farmers’ subsidies with the EU agriculture ministers – said...
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Companies’ recruitment plans reflect improving economic prospects
Date: 2024-12-10 08:11:26
Although there is still much uncertainty regarding the resumption of economic growth, domestic companies are looking positively to the coming year based on employment plans. In the first quarter of...
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Online retailers are much more optimistic about Christmas than last year
Date: 2024-12-09 13:32:26
The renewed rise in real wages is likely to be reflected in this year’s Christmas spending. 50 percent of online stores selling products that come into focus at this time...
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ESG: why is everyone only talking about large companies?
Date: 2024-12-09 12:23:49
ESG aspects are key sustainability metrics. Yet, when we talk about ESG compliance, we most often refer to large companies and listed companies. But what about medium-sized companies, which are...
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GKI analysis: Earnings – how much is too much?
Date: 2024-12-09 12:16:53
One of the most common questions in recent months is why, despite the extremely high real wage level, Hungarian consumption is not expanding faster? According to the Minister of Economy,...
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In the mood for Christmas: szaloncukor in the unusual test of Supermint
Date: 2024-12-09 12:01:45
The main characters of the seasonal product test of Szupermenta, which is celebrating its 10th birthday, were coconut lollipops. The experts of the National Food Chain Safety Office (Nébih) conducted...
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Smartphone payments turnover increased by 180 percent in two years
Date: 2024-12-09 11:59:50
In ten months, K&H customers spent more than 469 billion forints with smart devices. This is 58 percent more than a year earlier, while compared to the same period in...
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“You are what you eat” – New program researches the eating habits of families with children
Date: 2024-12-09 11:56:46
Proper nutrition plays a fundamental role in the physical and mental development of children and determines their quality of life in the long term. However, in Hungary, the health of...
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In addition to delicious desserts, poppy seeds are the raw material for many of our medicines
Date: 2024-12-09 11:45:32
Poppy seeds are not only an excellent traditional ingredient for our desserts. Due to their rich vitamin and mineral content, their consumption also contributes to the healthy functioning of our...
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From January 1, buyers must pay producers within 30 days
Date: 2024-12-09 11:41:32
The 30-day payment deadline for agricultural and food products has been in effect since 2012, but – in order to protect producers – violating this will also result in an...
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KPMG says companies should appoint a dedicated leader to lead AI transformation
Date: 2024-12-09 11:34:17
There is no question that the application of advanced technologies, including generative artificial intelligence (GenAI), is becoming an important breakthrough for economies and companies. Companies must therefore appoint a responsible...
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Freedom24 stock market predictions for 2025: best-performing sectors and key trends
Date: 2024-12-09 11:27:45
Freedom24, an innovative trading platform that connects investors to the world’s leading stock markets, has identified the trends that will impact stock market performance in 2025 and has compiled a...
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Energy efficiency investments and climate protection measures are becoming impossible
Date: 2024-12-09 11:13:41
Further amendments are needed to the energy efficiency law before the Parliament, according to logistics professional organizations. They warn that if the amendment is adopted in December without revision, it...
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The Saudi Arabian market is happy to see Hungarian know-how
Date: 2024-12-09 11:10:02
The Hungarian-Saudi Arabia Digitalization Cluster (HSD Cluster) held its first open day, where participants could gain insight into the Cluster’s operations, vision and objectives. The special guest of the event...
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KPMG: Who is responsible for the application of artificial intelligence at your company?
Date: 2024-12-09 11:08:48
There is no question that the application of advanced technologies, including generative artificial intelligence (GenAI), is becoming an important breakthrough for economies and companies. Companies must therefore appoint a responsible...
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We eat 35-40 percent of our annual fish consumption at Christmas
Date: 2024-12-09 11:06:10
Although according to the Hungarian diet, we should eat fish at least once a week, unfortunately the per capita fish consumption of Hungarians remains far below the European average at...
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The area of organic farming could increase to 500 thousand hectares by 2027
Date: 2024-12-09 11:05:54
The support programs starting next year may give a new impetus to domestic organic farming, the current area of 320 thousand hectares of which could expand to 500 thousand hectares...
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DS Smith opens new eco-classroom in Füzesabony
Date: 2024-12-09 11:04:48
For the third time this year, DS Smith opened an eco-classroom in Hungary. This article is available for reading in Trade magazin 2024/11 As part of the project realised with...
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Call for proposals to support individual advisory services has been published
Date: 2024-12-09 11:00:18
A new call for proposals has been published with a budget of HUF 10 billion to support individual advisory services provided to farmers, thus helping sector players to cope with...
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Hero Group acquires British brand Deliciously Ella
Date: 2024-12-09 10:59:13
Swiss food company Hero Group has acquired British healthy snack brand Deliciously Ella for an undisclosed sum. This article is available for reading in Trade magazin 2024/11 With this move...
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Mondelēz joins forces with Amcor for a greener Cadbury packaging
Date: 2024-12-09 10:47:37
Mondelēz International has partnered with Amcor to introduce new packaging, made from 80% certified recycled plastic for Cadbury chocolate bars in the UK and Ireland. It is expected that around...
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In addition to delicious desserts, poppy seeds are the raw material for many of our medicines
Date: 2024-12-09 10:45:22
Poppy seeds are not only excellent as a traditional raw material for our desserts. Due to their rich vitamin and mineral content, their consumption also contributes to the healthy functioning...
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Growth, successful campaigns, new partnerships: this was 2024 for Hungarian Product
Date: 2024-12-09 10:43:04
This year Hungarian Product set a new record with 260 trademark users, who now strengthen the Hungarian economy with nearly 6,000 products bearing the label. We spoke to Eszter Benedek,...
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It is important that the post-2027 agricultural policy makes the EU’s agriculture farmer-friendly
Date: 2024-12-09 10:30:31
It is important to discuss how the conclusions on the post-2027 Common Agricultural Policy (CAP) will make the European Union’s agriculture farmer-centric and farmer-friendly, the Hungarian Minister of Agriculture stated...
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EHI: AI is revolutionising retail
Date: 2024-12-09 10:10:35
According to a new study by EHI, there is great potential in using generative AI in retail trade. This article is available for reading in Trade magazin 2024/11 IT consultancy...
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