Market News
Czech Online Grocer Rohlik Ramps Up German Expansion As Rivals Quit
As foreign online grocery delivery rivals exit Germany, Czech Republic-based Rohlik Group is ramping up in Europe’s biggest economy and is on track to break even within the next 12...
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PepsiCo invests 200 million euro in Belgian plant
PepsiCo has announced significant investments in increasing its production at its Belgian plant in Veurne (near Bruges). The investment of more than 200 million euros should also make the plant more...
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Be cheap and fast! – Customers’ expectations of parcel couriers
The price is the most decisive factor when you can choose from several parcel delivery service providers when shopping online – according to Reacty Digital’s April research of the 18-79...
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NAV: The launch of ÁNYK is on the agenda
The eVAT system of the National Tax and Customs Office has already completed the introduction of many new functions, the development of which will last until 2025. Accounting software can...
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The state offers almost 20,000 hectares of plots of land for purchase
Another parcel of land exceeding 10 hectares may be given to the farmers. With the measure, the Ministry of Agriculture supports small and medium-sized farmers and local producers in getting...
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The advantage of food inflation: have consumers become more aware?
The change in the economic situation has an impact on consumer behavior across Europe, including Hungary, where customers are increasingly conscious of their spending. Nowadays, due to significant inflation, a...
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Joint workshop by ÖRT and the Ministry of Justice
With record attendance, the Advertising Self Regulatory Board (ÖRT) held its first joint workshop with experts from the Ministry of Justice, about the activities of the consumer protection authority in...
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The cherry season has started with low prices, a good harvest is not expected
This year, the cherry season started at low prices at the end of May, which, according to experts, shows a similar trend to the price development of the strawberry market....
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Profession.hu: Intensification of recruitment is expected in the field of manufacturing and production
In the past year and a half, recruitment in the manufacturing and production sector has continued to slow down, and this trend is in line with the national situation: companies...
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That’s what they will storm the shops for if a disaster strikes
Based on the lessons learned from the coronavirus epidemic, it is important to prepare for unexpected events, be it nuclear war, natural disasters or armed conflict. Based on what we...
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It takes a long time for cheap Chinese products to reach us
Cheap products ordered from China take a long time to arrive, which causes concern among buyers. Companies like AliExpress, Shein and Temu are struggling to improve amid market competition and...
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National economy considerations
At a conference organised by the National Association of Plant Based Food Manufacturers and Distributors (NÉGYOSZ), Zombor Berezvai, assistant professor at Corvinus University of Budapest analysed the business and national...
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A period of permanent water shortage has been announced
Following the initiative of the National Chamber of Agriculture and the Association of Hungarian Farmers’ Associations and Farmers’ Cooperatives, the Minister of the Interior announced a permanent water shortage period...
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This pineapple costs 400 USD, but is a huge success
As a result of more than a decade of development work, the American food company Del Monte presented the Rubyglow pineapple, whose characteristic ruby red color gave it its name....
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Danone Invests In Medical Nutrition Production Line In France
Danone has announced an investment of €70 million in a medical nutrition production line in Steenvoorde, France, as it seeks to boost its Specialised Nutrition business. The Steenvoorde will be...
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This year’s strawberry crop prospects are good
According to KSH data, 5,000 to 5,500 tons of strawberries were harvested annually in Hungary in recent years. This season started earlier than usual, experts expected good harvest prospects. According...
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96% of Europeans shopped online in Q1
At least 95.8 percent of European consumers shopped online in the first quarter of this year. In the United Kingdom, that percentage was 93 percent. And in the Netherlanders, 96...
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In agriculture, the strength for progress is still provided
By using the resources of the new tenders, the agrarian sector can be renewed with HUF 2,900 billion. The goal of the subsidies is to put the domestic agriculture and...
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Colruyt Group tests same-day delivery and pick-up with refrigerated lockers
Collect&Go has started a trial with same-day pick-up and same-day delivery. Another one of Colruyt Group‘s subsidiaries, Okay, is responsible for the assortment and preparing the orders. Quick and easy...
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Producer prices for soybeans and rapeseed exceeded last year
In Hungary, according to AKI PÁIR data, edible wheat was traded at an average producer price of HUF 72.9 thousand per ton without VAT and transport costs in the third...
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In May, the economic index of the GKI barely changed
According to a survey conducted by GKI Gazdaságkutató – with the support of the EU – in May, the prospects of the business sector and the population did not change...
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Self-checkouts also need a better strategy to succeed
Grocery Dive’s report on self-service checkouts and Mordor Intelligence’s forecast suggest that the self-service checkout market can grow by an average of 10.2% per year between 2024 and 2028. This...
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Significant Hungarian involvement in international advertising self-regulation
New presidency at the head of the European Association of Self-Regulatory Organizations (EASA). Orla Twomey, head of the Irish advertising self-regulatory organization (ASAI), has been elected as a new president....
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MATE’s big milk overview – Let’s get to know our most popular milks more closely
Would you have thought that among the many domesticated animals, milk-producing animals were the first? Did you know that in the early 1900s, goat’s milk was used as a medicinal...
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The Council of the EU approved the legislation on net zero emission industry
The Council of the European Union has finally approved the legislation on net zero emission industry, the purpose of which is to make the EU’s internal market capable of achieving...
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Cooperation between Andrássy Kúria & Spa and Tokaj Hegyalja University for the development of the tourism sector
Andrássy Kúria & Spa and Tokaj Hegyalja University have signed a cooperation agreement on the launch of dual training, in which university students will have the opportunity to gain practical...
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The domestic event market is changing: astronomical ticket prices, narrowing target audience, focus on experience and digitization
The event industry has gone through turbulent years, which brought serious changes not only in our country, but also on the international scene. The COVID measures literally drove the market...
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More than a fifth of young people are unable to put it aside
The overall picture of young people’s savings remains mixed according to the K&H youth index. The vast majority of them, 78 percent, put it aside regularly or occasionally, while 22...
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The Brewers Forum in Lille: A Pivotal Moment for Europe’s Beer Industry
The historic city of Lille, France, usually synonymous with wine, recently hosted an unprecedented event from May 26 to 30—The 6th Brewers Forum and the 39th European Brewers Convention (EBC)....
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Domestic melons will soon appear in stores
A constant temperature above ten degrees is considered perfect weather for the development of plants, including melons, so there is still no weather factor that could influence the favorable ripening...
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