Market News
SPAR opens state-of-the-art logistics centre in Croatia
On 9 October SPAR opened a new logistics centre in Donja Zdenčina, near Zagreb, in Croatia. The 75,000m² centre represents a significant step forward in supplying 140 SPAR and INTERSPAR...
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Responsible inspections in the winter season too
Seasonal markets and advent fairs in the winter remain popular with consumers. In each segment of the food chain – including production, HoReCa and retail trade – ensuring food safety...
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Törley Sparkling Wine Cellar: green innovation and sustainability
Törley Sparkling Wine Cellar is introducing a new sustainability strategy, aiming to get half of its energy from renewable sources by 2030 and to achieve total carbon neutrality by 2040....
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Big steps forward in Gyöngyös
With the financial support of Procter & Gamble, the renovation of two temporary homes in Gyöngyös has been completed. P&G and four of its brands – Oral-B, Head & Shoulders,...
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Aldi to donate more than 2,000 Christmas lunches this festive season
Aldi will donate over 2,000 Christmas lunches to those in low-income areas across the UK through its partnership with redistributor of surplus food and household goods Company Shop Group. The...
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Lidl Reaches 700 Stores In Spain
Discounter Lidl has simultaneously opened seven new stores in Spain, bringing its total number of supermarkets in the country to 700. This expansion, involving an investment of €45 million and...
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Heineken joint venture set to build Dubai’s first commercial brewery
A Heineken joint venture plans to build the Gulf’s first major commercial brewery in Dubai, the metropolitan city where glitzy bars and restaurants attract millions of tourists each year. Sirocco,...
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Péter Benő Banai: the Hungarian economy is on a sustainable growth path
The Hungarian economy can set itself on a sustainable growth path in the coming years, said the State Secretary for Public Finance of the Ministry of Finance (PM) on Friday...
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KSH: industrial producer prices in October exceeded those a year earlier by 2.6 percent and the previous month by 1.0 percent
In October, industrial producer prices were 2.6 percent higher on average than a year earlier. Domestic sales prices decreased by 0.5 percent, while export sales prices were 4.1 percent higher...
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The popularity of chocolate Santas remains unbroken
Tradition and innovation are both present in the Santa Claus Day and Christmas candy markets. While the older generation is looking for nostalgic flavors, the young are increasingly open to...
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Foreign trade surplus in services was 3.5 billion euros in the third quarter
In the third quarter of 2024, exports of services in euros exceeded the same period of the previous year by 4.2 percent and imports by 1.9 percent. The surplus was...
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PM: Moody’s continues to recommend Hungary for investment
Moody’s continues to recommend Hungary for investment, but due to the uncertain international environment and political disputes in Brussels, it has changed the outlook for the debt rating from stable...
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Let’s eat as many domestic nuts as possible!
The season of walnut cakes has arrived. It is no coincidence that the demand for the essential ingredient for Christmas bagels, zserbó and hókifli increases at the end of the...
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There is some good news about savings
Although middle-aged people have enough savings for seven months on average, 33 percent of them could only support themselves for one month if they had no income, K&H reported based...
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K&H: Many people find their shoes too tight
Although middle-aged people have enough savings for seven months on average, 33 percent of them could only support themselves for one month if they had no income, K&H reported based...
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Fish prices do not increase in Hungary at Christmas – despite the summer heat, there is no problem with supply
Despite the summer heat and rising grain prices, there is good news from Hungarian fish farmers: this Christmas the price of fish will not increase, and buyers will be able...
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Retail sales in Russia slowed, but industrial production growth accelerated, unemployment at record low
Russia’s retail sales slowed in October, while industrial production growth accelerated and unemployment hit a historic low. Retail sales growth slowed to 4.8 percent in October, down from 6.5 percent...
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Innovation and knowledge transfer also play a significant role in increasing sustainability
It is necessary to spread modern technologies and sustainable practices in agriculture to address environmental challenges. This also helps the long-term competitiveness of the sector. The National Environment, Water Management...
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Hungarian cycling publication wins prestigious award
The largest domestic cycling promotion organization, the Hungarian Cycling Club, won 1st place in Content Development with its educational programs in the European Adult Education Platform competition. The publication can...
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Well-used artificial intelligence saves us time and money
The Christmas season can be joyful, but it can also be financially stressful. Spending on gifts, festive meals and travel can easily exceed your budget if you don’t plan carefully....
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New products in the shower and outside!
This article is available for reading in Trade magazin 2024/11 According to a NIQ report, the shower gel market grew by 16.7% year-on-year in the January-August 2024 period. This growth...
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The range of HIR trademarked products has further expanded
On the 10th Jubilee Producers’ Communities Day, 22 products from 12 applicants were granted the right to use the HIR trademark, bringing the number of HIR trademarked products to 238,...
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The range of HIR trademarked products has further expanded
On the 10th Anniversary of Producers’ Communities Day, 22 products from 12 applicants were granted the right to use the HIR trademark, bringing the number of HIR trademarked products to...
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Donald Trump’s planned tariffs pose challenges for the US alcohol industry
US presidential candidate Donald Trump has proposed a 25% tariff on products from Canada and Mexico, which could have a major impact on the US alcohol industry. The proposed measure...
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FAO and AM scholarship program a prominent opportunity for developing countries
Within the framework of the agreement between FAO and the Hungarian government, more than 400 students from 47 countries have received scholarships until the autumn semester of 2024. The Ministry...
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This year’s drought had a negative influence on the performance of the canning industry
This year the domestic canning industry bought a mediocre sweetcorn crop and a weak green pea crop. This article is available for reading in Trade magazin 2024/11 According to the...
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Innovation and knowledge transfer also play a major role in increasing sustainability
It is necessary to disseminate modern technologies and sustainable practices in agriculture to address environmental challenges. This also helps the long-term competitiveness of the sector. The National Environment, Water Management...
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ENVIRONTEC: sustainability and innovation
Three-day trade fair “ENVIRONTEC powered by ÖKOINDUSTRIA” took place at HUNGEXPO and was a real success. This article is available for reading in Trade magazin 2024/11 More than 100 exhibitors...
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Aldi Süd expands its fresh food network
Aldi Süd is expanding its network of fresh produce platforms in the fruit and vegetable sector, with the opening of a new site near Karlsruhe at the end of 2025,...
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The range of HIR trademarked products has further expanded
On the 10th Anniversary Producer Communities Day, 22 products from 12 applicants were granted the right to use the HIR trademark, bringing the number of HIR trademarked products to 238....
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