Market News
Walmart targets city locations
Jet.com was acquired by Walmart two years ago. The company now offers a personalised shopping experience, a large selection of local and global brands, and three-hour delivery in New York....
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Auchan testing ‘Scan And Pay’ service in France
Auchan France is testing a digital service that would make it possible for shoppers to use their smartphones for scanning the barcodes of products and paying for them. The service...
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EU gives green light to the P&G-Merck deal
The EU decided that Procter & Gamble (P&G) buying Merck’s consumer health division for EUR 3.4 billion doesn’t break competition law. Thanks to the transaction vitamin brands such as Seven...
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Waitrose & Partners trying out a rapid delivery service
Waitrose & Partners launched the Waitrose Rapid Delivery service in London, offering same day and two-hour delivery to customers. In selected areas 20 products can be ordered from 1,500 for...
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Livestock feeding development project launched in Komárom
Solum Zrt. of Komárom and Adexgo Kft. of Balatonfüred invested HUF 555 million in developing a new animal health, reproductive biology and feeding system. They created an animal feed supplement...
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Processing capacity can increase thanks to state funding
So far the Ministry of Agriculture has approved of food industry development projects in the value of HUF 113 billion. What is more, in the next few years farmers can...
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Eggs Association: large-scale egg production increased in the first half of the year
Large-scale egg production increased in the first half of the year by around 20 percent to 586 million eggs, compared with the same period of last year. The large-scale egg...
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McDonald’s buys lettuce from Balástya
Becsey vegetable farm in Balástya is selling lettuce to McDonald’s restaurants in Hungary and other European countries. They produce more than 1,000 tons of lettuce a year and have been...
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Nébih: most Tokaj-Hegyalja wineries comply with the rules
On the basis of the official examination of the 25 wine-growing units of Tokaj-hegyalja, the local wineries, wine tastings, catering and commercial units comply with the regulations, only two serious...
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Thirty-three kilogrammes of food products are thrown out unnecessarily every year
An average Hungarian consumer throws out 33 kilograms of food per year only because it became rotten, due to poor storage or because it was unnecessarily purchased – Világgazdaság Online...
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AM: Hungary initiated the support opportunity for kiwi and fruit growing
Hungary initiated the extension of production support for the production of kiwi and figs at the European Commission (EB) – the Minister of State of the Ministry of Agriculture (AM)...
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University of Debrecen to become a food safety competence centre
The University of Debrecen and the representatives of Hungarian enterprises have signed a scientific and business cooperation agreement in the domain of food safety and tracking. TE-FOOD is the world’s...
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Expert: the gap between the lowest and the highest average earnings has reduced
The difference between the average earnings of the most and the least earning workers in Hungary decreased – the president of the Board of Trustees of the Budapest Foundation for...
Read moreThe NAV seized 215 million HUF worth fake clothing and untaxed cigarettes in Budapest
Fake brand labeled clothes and large amounts of untaxed cigarettes were seized by the National Tax and Customs Administration (NAV) in Budapest in a value of 215 million forints –...
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New payment solutions
From 1 September Hungarian online shops can also offer the Google Pay payment option to customers. In Hungary BIG FISH Payment Gateway was the first to make this payment service...
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ITM: the consumer protection authority withdrew beauty products
Six of the 120 cosmetic products tested by the consumer protection authority were withdrawn from circulation. Two shampoos and natural cosmetics, one liquid soap and a soap contained microbiological contaminants...
Read moreThe consumer mood has fallen in the United States
The Consumer Mood Index of the US Michigan University declined in October , despite the expected improvement. In October, Michigan’s University’s non-final consumer mood index decreased from the previous month’s...
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Five steps to take when preparing for Black Friday
Róbert Nagy, product manager of Szallasguru.hu has collected the most important steps for retailers to take when preparing for Black Friday – our magazine picked five from these. 1. Think...
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Half of the world buys online from abroad too
According to a consumer survey by PayPal and IPSOS conducted in 31 countries, 55 percent of online shoppers also buy from websites registered abroad. Most often they purchase clothes, shoes,...
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Meeting for the region’s agri-chambers
On 25 September 2018 the agri-food chambers of the Visegrád Four (V4) countries met for the 69th time in Prague. The representatives of Bulgaria, Croatia, Lithuania and Romania were also...
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Cooperation agreement with Indiana
Experts from the chambers of agriculture from Hungary (NAK), the Czech Republic, Poland and Slovakia spent several days on a study trip in the state of Indiana (USA), where they...
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NAK establishes a network of food coordinators
Tamás Éder, vice president of the Hungarian Chamber of Agriculture (NAK) responsible for the food industry told at a press conference (held at the headquarters of Biopont Kft.) that the...
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Pickled vegetables, regional recipes
It takes more time and work to preserve vegetables than fruits. What is more, it also requires more expertise to make pickles at home. According to Zoltán Hegedűs, commercial director...
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Let’s turn each day into Christmas with Milka!
Sales by Mondelez in the seasonal segment grew above the average Seasonal confectionery products play a special role in the life of Mondelez, forming a stable pillar in the chocolate...
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Magazine: One reality isn’t enough
For traditional channels of retail adaptation can ensure that they keep their position in the new digital world. Every year the Euromoney Institutional Investor Thought Leadership (EY) prepares the EY...
Read moreKSH: agricultural producer prices increased by 6 percent in August
In August, agricultural producer prices increased by 6.0 percent – with a greatest extent since November – compared to the same period of last year, following a 1.2 percent rise...
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OTP: fruit and vegetable production could be made more successful with development
According to the experts of OTP agro business, the strengthening of cooperation, the rationalization of subsidies and the development of infrastructure could make domestic fruit and vegetables more secure and...
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Demand for eggs increased
The annual per capita consumption of Hungarian eggs grew, from 214 in 2013 to 234 in 2017 – the Parliamentary Minister of State of the Ministry of Agriculture told at...
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Interprofessional organization: fish consumption is still low in Hungary
In Hungary, the 6 kg per capita annual fish consumption is still far below the European average of around 20 kilograms, so events promoting fish consumption are important – Lévai...
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Winter magic with Fa!
Experience the winter magic with a delicious vanilla fragrance of Fa’s limited edition Wintertime Magic products. This period of the year is always magical with typical scents, flavors and holidays,...
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