Market News
New point collecting promotion from SPAR
Stylish, top-quality ZWILLING coffee and tea drinking accessories can be bought at reduced prices in SPAR Hungary stores. As part of the new point collecting campaign that was launched on...
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Barnängen: product launch and charity project
Swedish skin care brand Barnängen launched a charity project: between 1 October 2018 and 31 March 2019 from the price of every Barnängen product sold in Rossmann, DM, Müller and...
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Cage eggs: let the consumers decide!
When the Visegrád Four (V4) countries and the representatives of Bulgaria, Croatia, Lithuania and Romania met in Prague last time, the agri-food chambers of the V4 countries declared that those...
Read more150,000 more households can order online from Tesco
From 1 October shoppers living in Debrecen, Nyíregyháza, Hajdúszoboszló and Hajdúböszörmény can enjoy the benefits of shopping online on the Tesco website. Together with the Budapest, Szeged, Győr, Veszprém and...
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This year brought 15 percent higher wheat price
In August 2018 agricultural production prices were 6 percent higher in comparison with the level of August 2017 – reported the Central Statistical Office (KSH). This situation was the result...
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Retail sales jumped 6.3 percent in August
In August 2018 like-for-like retail volume sales augmented by 6.3 percent; adjusted for calendar effects, the sales growth was 6.8 percent – reported the Central Statistical Office (KSH). Food and...
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GKI raises growth forecast
In Q2 2018 economic growth was 4.8 percent in Hungary – this was the fastest quarterly growth rate since 2005. Hungary’s GDP grew twice as fast as the European Union’s...
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Booming cattle trade between Hungary and Turkey
Data from the Agricultural Economics Research Institute (AKI) and KSH’s market price information system (PÁIR) revealed that in January-July 2018 Hungary’s cattle export was 26,000 tons (no real change from...
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Hungarian shoppers rely on opinion in social media and purchase family products
When buying a new product, one fifth of Hungarian consumers purchase something that can be used by the whole family. It is interesting that about one third of Hungarian consumers...
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Uber in talks to buy Deliveroo in Europe
Uber Technologies Inc. is in talks to buy food delivery company Deliveroo. The London-based company is worth more than GBP 2 billion. Deliveroo is one of Europe’s biggest startups, which...
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Walmart buys food delivery company Cornershop
Walmart paid USD 225 million for Cornershop, a food delivery company that is active in Chile and Mexico. Walmart is investing a lot of money in the online sales channel...
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Aldi to phase out the plastic packaging of fruits and vegetables
German discounter Aldi is going to introduce a new recyclable packaging for fruits and vegetables. The black plastic trays won’t be used any more. With this step stores will produce...
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Coca-Cola acquires Moxie
Coca-Cola of Northern New England bought Moxie, the official soft drink of the US state of Maine. The popular soft drink brand was launched in 2005 and it will continue...
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Lavazza to acquire Mars Drinks
With this move the Lavazza Group continues its international expansion in important markets (North America, Germany, the UK and France) and strengthens the Lavazza Office Coffee Service (OCS) and drinks...
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Coca-Cola monitors the market of cannabis drinks
As a response to claims made by a report published in the media that they are in talks with Canadian company Aurora Cannabis Inc., Coca-Cola has admitted to monitoring the...
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Mercadona buys new land in Portugal
Spanish retailer Mercadona bought new land in Aveiro – 50km south of Porto – where they will probably build their fifth store in Portugal. Mercadona paid EUR 2.55 million for...
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Companies concentrate on cyber security
Global Data has conducted a survey with the participation of more than 1,500 companies: Global Emerging Technology Trends Survey 2018 has found that cyber security technologies are the most important...
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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...
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