Market News
Cucumber prices: Rising prices in Europe
Cucumber prices have risen significantly on European wholesale markets in recent weeks. According to a report by FruitVeB, by mid-November, the price of imported cucumbers on Polish wholesale markets had...
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Tea garden near Budapest? Yes! And now anyone can be a part of it!
“Tea is not only important in the Far East or in Anglo-Saxon culture. This noble drink also has a place in Hungary, which also has community-building power.” This is the...
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Pumpkin: a versatile and healthy winter treat
Pumpkin is a favorite vegetable of the autumn and winter months due to its characteristic taste, and is a popular addition not only to the table but also to home...
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Turkey sector faces serious growth opportunities
According to the data of the Hungarian Turkey Association, the demand for turkey meat in our country has further decreased, while market concentration has continued, but global effects predict positive...
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The state can digitize, the question is how to go about it
Modern government supports the modern economy, and governments and public sector organizations are also moving forward on the path of digital transformation. Now, however, they must accelerate their pace and...
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Fifteen master butchers received their master’s certificates
The National Chamber of Agriculture and Food inaugurated master butchers, and after the training and master exam, fifteen received their master certificates. After successfully passing the master exam organized with...
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The AI-revolution is yet to come
40% of companies are just getting to grips with the business potential of AI technology. This article is available for reading in Trade magazin 2024/11 Although three quarters of firms...
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TISZA-COOP pays special attention to domestic products
This year TISZA-COOP Zrt. won the trade special prize of the Retail Award of Excellence for Hungarian Products 2024 competition, which the company received with great pride. This article is...
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Retail Award of Excellence for Hungarian Products: success for CBA and domestic products
For CBA Kereskedelmi Kft. winning the 2024 Retail Award of Excellence for Hungarian Products isn’t only an honour, but also a strong confirmation of its commitment to Hungarian products. This...
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SPAR Magyarország wins customer award
SPAR Magyarország has won the Customer Award of Excellence in the Retail Award of Excellence for Hungarian Products 2024 competition. We asked head of communications Mark Maczelka about the recognition:...
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FAO global food price index spikes
The global index of food commodities jumped to its highest level in 18 months, following a surge in vegetable oil prices, reported the Food and Agriculture Organization of the United...
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Lidl among retailers and Coca-Cola in the FMCG sector win Most Attractive Employer 2024
For the 8th time PwC Hungary has surveyed labour market preferences and presented the Most Attractive Employer awards. Winners were named in ten sectors and the overall category, and the Most Attractive...
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Alibaba launches new AI-based search engine for SMEs
Alibaba International has unveiled the beta version of its AI-based global b2b search engine for small and medium-sized retailers and customers, called Accio. This article is available for reading in...
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Young people value sustainability and environmental protection the most
According to the a joint survey by the Bosch Group and Richter Gedeon Nyrt., the climate crisis and the finite nature of natural resources are the biggest challenges for more...
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The price of L-sized eggs decreased the most
According to AKI PÁIR data, the packing house price of caged table eggs (M+L) in Hungary was 49.47 forints/piece in the first forty-seven weeks of 2024, which was 14.6 percent...
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Soproni’s “rock” promotion comes to an end
Nearly 23,000 votes were cast by music-loving beer fans in the Soproni beer competition. Participants of the nationwide promotion could win an exclusive Tankcsapda concert for their favourite pub. Out...
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Equilor’s latest book helps small investors navigate the world of options
The latest member of the educational book series of Equilor Investment Co., Ltd., has been published, the book entitled “Options”. The fourth member of the book series introducing basic financial...
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Development programs ensure the future of the Hungarian pig sector
Development programs ensure that producers in Hungary can produce high-quality pork efficiently and competitively – said the State Secretary for Agriculture and Rural Development of the Ministry of Agriculture (AM)...
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Unilever invests $105m in in-house fragrance innovation
Unilever is investing $105.58m (€100m) to expand its fragrance design and creation capabilities across its global product portfolio. The investment will allow the company to take greater control over the...
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Spending on snacks up 70% in Germany
German snack consumption has soared in recent years, with spending up 70% since 2018, according to the latest YouGov research. While nearly one in two Germans snack regularly, a third...
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Chamber of Agriculture: Demand for walnuts is picking up, plantation size has increased
The demand for walnuts, the indispensable raw material for Christmas bejgli, zserbó and hókifli, will pick up at the end of the year. According to the overview of the National...
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Nisa launches mix-and-match freezer deals to drive shopper engagement
Nisa has kicked off a ‘three for £4’ mix-and-match freezer deal through to 2025, replacing its ‘five for £6’ freezer filler promotion in a bid to drive shopper engagement. The...
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AM: the range of HIR trademarked products has expanded further
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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GKI analysis: Small but strong: the situation of Hungarian SMEs
In the past two months, the government has made strengthening small and medium-sized enterprises its flagship in the framework of the new economic action plan. The government has not had...
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BMI: Slight recovery in November
The Purchasing Managers’ Index (PMI) seasonally adjusted value for November is 50.3. Compared to the previous monthly values for November, this year’s value is lower than the long-term average for...
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Global investor joins PortfoLion’s Polish investment
Coding Giants, a Polish portfolio company of PortfoLion Capital Partners, has closed an €8.5 million investment round. The second investment round of the digital education platform that develops coding skills...
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An exciting question is how the holiday candy market will develop.
Retailers are facing a difficult situation heading into the holiday season, which is their most important time of the year. So far, it has seemed that the population has been...
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K&H: young people pay with smart devices six times out of ten
At K&H, the number of bank accounts opened by young people has increased to over 130,000. And they pay with cards quite often, for example 84,000 times a day in...
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Plastic-free Christmas: the time for conscious shopping has come
As the holidays approach, shoppers are bombarded with a wealth of choices on store shelves and online. However, Christmas gift shopping often generates huge amounts of plastic waste, which causes...
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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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