Market News
Privát Card’s successful debut
For Kerekes Kft.’s Privát store network the biggest event of 2023 was the launch of the loyalty card scheme in July. This article is available for reading in Trade magazin...
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The number of companies connected to the French food industry operating in Hungary has also increased
There are 544 French-owned companies operating in Hungary, almost 11 percent more than in 2020, with almost 49,000 employees, and their annual sales revenue is more than 13 billion euros,...
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Dentsu: This year’s outlook for the global advertising market has improved
The total value of global advertising spending is expected to reach 754.4 billion dollars this year, which represents a 5 percent increase compared to 718.6 billion dollars in the previous...
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The pasta market is buzzing
Last year’s drop in real wages also led to a few percent decline in volume sales in the pasta market. This article is available for reading in Trade magazin 2024/6-7...
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Agrarszektor: this is why Hungarian agriculture is lagging behind
It is worthwhile to be more efficient and advanced in agricultural production, but it is difficult to grasp how this should be achieved, knowing that Hungarian agricultural production differs significantly...
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The rules on the import of Ukrainian products into the EU without customs duties and quantitative restrictions came into force
The legislation that extends the import of Ukrainian products into the EU without customs duties and quantitative restrictions has entered into force, the European Commission announced on Thursday. According to...
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Smurfit Kappa acquires Bag-in-Box plant in Bulgaria
Smurfit Kappa, one of the world’s leading providers of sustainable packaging solutions, has announced it has signed an agreement to acquire Artemis Ltd., a Bag-in-Box packaging plant located in Shumen,...
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The turnover of agricultural machinery fell by more than 50 percent
The willingness of Hungarian farmers to purchase machinery continued to rise continuously for years, until the first quarter of the previous year.In recent years, thanks to the call for tenders...
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Walmart launching beta of customer behavior solution for suppliers
Walmart will provide a broader range of shopper insights to its supplier partners. On Wednesday, June 5, 2024, the retail giant’s Walmart Data Ventures division is rolling out the beta...
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Switching Food And Drink Purchases Could Reduce Greenhouse Gas Emissions By A Quarter
Switching food and drink purchases to more environmentally-friendly alternatives could reduce the greenhouse gas emissions from everyday grocery purchases by more than a quarter, a new study has found. The...
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A replenished Agricultural Damage Mitigation Fund helps producers affected by the damage
The reassuring information for the farmers who suffered damage this year is that about HUF 25 billion is available in the 2024 damage mitigation fund from the payments of the...
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KSH: in April, retail turnover increased by 3.2 percent compared to the same period of the previous year
In April 2024, according to the raw data, the turnover volume of retail trade increased by 3.7 percent compared to the same period of the previous year, adjusted for the...
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In the euro area and the EU, retail sales decreased on a monthly basis in April
In a monthly comparison, retail sales in the euro area and the European Union decreased in April. According to data published on Thursday by Eurostat, the statistical office of the...
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FMCG retailer ranking 2023 is out now
Lidl, SPAR and Tesco are the top three, but there are changes! FMCG retail had a difficult year, with the inflation – which was particularly high in the sector –...
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OKSZ’s food retailer member companies are at the forefront of food donation
The reduction of food waste is treated as a priority task by international or mixed-owned food retailers operating in Hungary. Waste loss is reduced to a minimum with automated product...
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NGM: the recovery of consumption continued, the volume of retail trade increased again in April
Overall, the significant increase in retail turnover indicates that as a result of the government measures, consumption is in the recovery phase, this process is substantially supported by the suppression...
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According to the association of egg producers, Penny Market threatens the Hungarian market with cheap imported eggs
Cheap foreign table eggs have appeared in Penny Market’s Hungarian store network, according to the Association of Hungarian Egg Hybrid Breeders and Egg Producers, the store chain’s move could lead...
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Innovation Day for the fourth time this year
This year’s Innovation Day event and the awards ceremony of the Inno d’Or – Innovation of the Year 2024 competition was organised at Hungexpo on 16 May. This article is...
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The results of the Hungarian beer industry in 2023: mixed performance from the big producers
The 2023 business year brought various challenges and successes for Hungarian beer producers. While net sales increased among the four leading beer producers – Borsodi, Heineken, Dreher, and Carlsberg –...
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The best breads in Hungary were selected
The XIII. organized by the Hungarian Bakers’ Association ended today with the second round of judging. Saint Stephen’s Day Bread Competition, for which nearly 100 products were entered by Hungarian-owned...
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Metro AG reports 7.2% sales growth in the second quarter
Metro AG reported a 7.2% sales growth in the second quarter of its financial year, with all business segments and channels contributing to this growth. This article is available for...
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In April, retail sales in the Czech Republic increased by 5.3 percent
In April, the retail turnover in the Czech Republic rose by 5.3 percent compared to a year earlier, after the 5.8 percent increase in March, the Czech Statistical Office announced...
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Dél-100 had a busy and successful year
2023 was a busy year in the life of both Dél-100 Kft. and the two franchise networks it operates. This article is available for reading in Trade magazin 2024/6-7 Dél-100...
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Comfort above all
Convenience products are prepared, semi-prepared or ready-to-cook foods that make cooking easier or simpler. NMS Hungary wanted to know how the consumption of convenience products has changed over the last...
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Cooperation between the Ministry of Agriculture and the FAO continues to expand
Dr. Oszkár Ökrös, Deputy State Secretary, received Anping Ye, Director of South-South and Trilateral Cooperation (SSTC) of the Food and Agriculture Organization of the United Nations (FAO), at the Ministry...
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Agrometeorology: the rainy early summer period associated with the Medárd day started weeks earlier
This year, the rainy early summer period associated with Medárd’s Day began weeks earlier than usual: the rainy and thundery weather of the past three weeks significantly reduced the accumulated...
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Puratos opens new sourdough research facility
Puratos has opened a new research facility in Sankt Vith, Belgium, called the Sourdough Institute. The company said this facility is “dedicated to celebrating the art, science and potential of...
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Rossmann expands into Switzerland
Rossmann, the highly popular drugstore chain in Switzerland, is to open its first store in the heart of the country at the end of the year, with more stores to...
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The NAK Szántóföldi Days were successful again this year
The NAK Szántóföldi Days and Agricultural Machinery Show–Mezőfalva on June 5-6, 2024 took place again with great interest. At the country’s largest arable exhibition, the organizers focused on presenting sustainable farming...
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Bezos Earth Fund Opens Sustainable Protein Centre In North Carolina
The Bezos Earth Fund is confident that its new Bezos Center for Sustainable Protein at North Carolina State University will become a ‘biomanufacturing hub for dietary proteins that are environmentally...
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