Market News
Germany’s Biomarkt partners with AI app
In April Biomarkt Verbund, the association of independent health food stores started a nationwide cooperation with diet planning app Choosy. This article is available for reading in Trade magazin 2024/6-7...
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The evolution of the FMCG market through the NIQ lens
Shoppers across the continent, including Hungary, continue to save in every possible way, Csilla Czikora, head of consulting and analytic insights at NIQ told when presenting their market research data...
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K&H: how did middle-aged people’s incomes develop?
The development of incomes in the 30-59 age group shows a mixed picture. Based on the K&H secure future survey, 52 percent of the respondents reported an increase, almost 35...
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István Nagy: food sovereignty and food security are the most important
Last Sunday’s election strengthened the assertion of farmers’ interests in Brussels, and agriculture can appear more prominently on the agenda of the European Parliament (EP), the Minister of Agriculture said...
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Manpower: Following the recovery of the economy, more and more companies are again planning to increase their staff
According to a recent forecast by Manpower for Q3 2024, Hungarian employers are increasingly optimistic about hiring, with 37% planning to expand their workforce, up 6 percentage points from the...
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Some surprising trends
After the negative volume sales trends in 2023, a look at NIQ figures for this year shows a further decline in the toilet paper market, already accompanied by a decline...
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Manpower: 37 percent of employers plan to increase their workforce in the third quarter
37 percent of Hungarian employers plan to expand their workforce in the third quarter, after 31 percent measured in the previous quarter, the proportion of companies planning downsizing rose from...
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Hungarian agricultural companies have taken steps towards Africa
Three Hungarian agricultural companies, which specialize in the production of meat and milk, animal feed and egg products, were able to present themselves at several locations in Africa.They were able...
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EN-CO Software develops quality control technology based on artificial intelligence
EN-CO Software Zrt. has received HUF 420,430,500 in non-refundable funding from the National Research, Development and Innovation Office (NKFIH) tender, from which it is developing quality control technology based on...
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Żabka Launches New Campaign To Promote In-Store Services
Polish retailer Żabka has launched a new campaign Załatw to w Żabce (Get it in Żabka) to promote a range of services offered in its stores. The campaign, scheduled from...
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How are younger generations planning to spend the summer?
Younger generations are looking to travel, attend concerts and events, and dine out this summer, despite a sustained high cost of living. American Express’ Amex Trendex Millennial and Gen Z...
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New vice president and department head at NAK
The National Chamber of Agrarian Economy elected two new officials at its last national delegate meeting. NAK’s new national vice-president responsible for environmental sustainability and innovation Viktor Balázs, the new...
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Lipton unveils new competition for retailers
Lipton is kicking off the summer season with a competition for retailers by giving one shop-owner the chance to win a branded store takeover. The push aims to drive awareness...
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The period for submitting uniform applications has successfully ended
During the 61 days available for submitting the unified application for the year 2024, 159.5 thousand producers submitted support applications for 4.98 million hectares. This year, it was possible to...
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The Eszterházy Károly Catholic University will start further training in religious tourism from autumn
Further training in religious tourism will be launched at Eszterházy Károly Catholic University, announced on Friday, on the occasion of the ceremonial signing of the document on the launch of...
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A master course in adaptation – how the inflationary environment has influenced the FMCG market
Krisztina Bakonyi-Kovács, senior consultant of GfK-CPS told at the April meeting of the Trade Marketing Club (TMK): the pressure on brands continues to grow. One of the first words that...
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KSH: industrial production increased by 6.4 percent in April
In April, the volume of industrial production exceeded the previous year by 6.4 percent, while, after adjusting for the effect of working days, it fell short by 2.4 percent, the...
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Is the Hungarian food industry on the verge of significant development?
The Hungarian food industry is on the verge of significant development, if it can properly use the HUF 1,500-2,000 billion development resources available until 2027, it can further increase its...
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Rough numbers have arrived: Hungarian pork exports have skyrocketed
The export of Hungarian live pigs increased significantly, by 58 percent, in the first quarter, and even meat exports increased by a fifth compared to the same period of the...
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AM State Secretary: next week, the melon season starts in the stores
The melon season is about to begin, starting from the end of next week, this year’s crop can be in stores in increasing quantities – announced the Secretary of State...
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NAK-FruitVeb: the apricot season will be long this year
The apricot season started earlier than usual and may last longer this year – the National Chamber of Agricultural Economy (NAK) and FruitVeb, the Hungarian Association of Vegetables and Fruits,...
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Dishwashing: switched to eco mode
Last year the market of both dishwasher detergents and washing-up liquids developed nicely, with double-digit growth month on month. This article is available for reading in Trade magazin 2024/6-7 “In...
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RECnGO, together with the leading Chinese video hardware manufacturer, would conquer the global content producer market of 400 million people
RECnGO’s name is now known to almost everyone who is involved in the production of quality video materials, whether as a hobby or at a professional level: the Hungarian startup’s...
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EXIM: the Gábor Baross Loan Program is successfully closed
The Gábor Baross Loan Program has been successfully concluded, EXIM Hungary has signed contracts for 100 percent of the HUF 200 billion additional funds provided at the beginning of the...
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Breed trials by GOSZ-VSZT-NAK: prizes were awarded to the best breeds
The owners of the best performing varieties and hybrids in the 2023 post-registration winter wheat, corn and rapeseed trials of the National Association of Grain Growers (GOSZ), the National Chamber...
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In Hungary, more than 50% of HR experts support the use of artificial intelligence
Sorry, this entry is only available in HU....
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More Than 100 Farms Join Aldi-Backed Funding Programme By Naturland
More than 100 farms have registered for Für mehr Artenvielfalt (For more biodiversity) – a Naturland funding programme supported by Aldi as an exclusive partner. The programme provides support to Naturland...
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Portugal’s new government reverses Nutri-Score pack labelling plan
Lisbon’s former government had proposed to adopt the traffic-light labelling system, which ranks products based on their nutritional value. The recently-installed government in Portugal is halting the introduction of Nutri-Score front-of-pack...
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Agrometeorology: the quality and quantity of autumn sowing crops was damaged by the significant rainfall of the past week
The significant rainfall that fell in the past week was no longer lacking at all for the ripening fall-sown field crops, it worsened both the quality and quantity of the...
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Guinness becomes official partner of premier league
Diageo-owned beer brand Guinness has become the official partnership of the Premier League, replacing Budweiser. The four-year agreement, which kicks off for the 2024/25 season, will see Guinness become the “Official Beer...
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