Magazine: K-shaped recession? What is happening in the labour market now and what will happen in 2021?

COVID-19 is a horrible catalyst of the recession but not its root: we already saw last year that the economy was slowing down, for instance sales by German automotive companies...

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Coming, not coming

We can’t be sure at all about what is waiting for us in September. Just like it was the case with the first eight months, we can’t tell in advance...

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Magazine: ‘Life in the time of Covid’

I have lived through many decisive years throughout my career, from the political transformation in 1989 to Hungary’s accession to the EU in 2004. But I think the spring of...

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Magazine: Fifty-three years in retail trade

Upon my request the Budapest Wholesale Market Zrt. accepted my resignation as CEO as of 30 April 2020. But how did I end up in retail trade? I was 10...

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The future is here

Almost 15 years have passed since our readers held the first issue of Trade magazin in their hands. If I wanted to list how many things happened in these 15...

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Love in the Time of Cholera aka a warning from Mother Earth

The famous book by Gabriel Garcia Márquez has become topical from a different perspective recently. Perhaps the most important conclusion that can be drawn from it is there is only...

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This will pass, too!

Today my sister-in-law sent me a story that had been written by one of her colleagues. It is about a king, who was in big trouble once and the sentence in...

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Does your company have a Chief Happiness Officer?

Obviously it is the happy worker who does a good job. Still, it isn’t easy to tell what is it that workers need? The economic, technological and social changes of...

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Uncertainty

There wasn’t much time for relaxation at the end of the year, and we can say the same thing about the beginning of 2020. In January the market started the...

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Taste Tomorrow: Being familiar with consumption trends is the key to success

Bakery and confectionery ingredient maker Puratos Group is the Belgian parent company of Puratos Hungary Zrt., and it has 69 affiliates and employs 9,100 people – the group is the...

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Magazine: Parliamentary reckoning

The Business Days conference has become ‘the’ conference of the trade by now, a real ‘PRIME EVENT BRAND’ of the Hungarian FMCG sector. It is needless to say that this status...

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The big marketplace

Already one third of sales in the e-commerce sector is realised in various marketplaces. A platform is a technology that provides certain services to more users at the same time. In the...

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Business Dinner 2019: Focusing on agriculture

Trade magazine and the Chain Bridge Club invited Minister of Agriculture Dr István Nagy and Bonafarm CEO Attila Csányi to the traditional end-of-May Business Dinner, where more than 60 food...

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The influence of executive branding on the results of a company

A recent survey (Weber Shandwick, in partnership with KRC Research, The CEO Reputation Premium: Gaining Advantage in the Engagement Era), conducted with the participation of 1,700 executives on executive branding...

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About the last 30 years

My parents were running a small shop and after college I started working for Beiersdorf, as a sales representative for Nivea products. I worked really hard and spent 7 great years...

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What do those companies do well that don’t suffer from a workforce shortage in 2019?

There are four key areas where things must work well if a company wants to avoid suffering from the problem of workforce shortage: 1. All active and passive methods and...

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Factory opening ceremony

It was a good feeling to be present at the ceremonial opening of VIRESOL Kft.’s new factory in Visonta: they built a modern, high-capacity wheat processing plant that can be...

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Business Days 25-28 September 2018 – ONLY 3 DAYS LEFT

Trade magazin, the No.1 trade magazine of the FMCG sector organises the biggest meeting of the trade’s decision-makers on the last week of September. This year the conference will take...

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Let’s hope for the best, but we would better start preparing…

At this time, when retail trade is flying high and buyer-supplier negotiations are characterised by a happy mood, it is easy to forget that harder times might return in the...

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NETA for you…the sweet life!

Hungarian businesses need to cope not only with the problem of the workforce shortage and regulations changing all the time, but also with the planned increase in the public health...

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A report from the board room

Whatever our work is, soon software will become an indispensable part of our lives…After the recession that broke out in 2008 sales are now growing again. Although retail has to cope...

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Horticulture in focus?

Spring is the time when two important events take place in the horticulture sector. One is the Fruit Logistica trade fair in Berlin (it was organised for the 26th time this...

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Magazine: May the (work)force be with you!

Surveys show that retail sales continue to grow. This is a good thing, but at the same time the trend creates an ever-bigger challenge for all members of the supply chain:...

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Magazine: Researching the future

During my university years at the end of the 1980s one of the most interesting seminars was future studies. Unfortunately I decided to take another course instead. Today I am aware that...

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Business Days 2017: focusing on the channels (Part 2)

On Thursday Trade TV continued the broadcast, but before work started in the macroeconomic section, Trade magazin’s editor-in-chief Zsuzsanna Hermann and István Matus, member of Chain Bridge Club’s board of...

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Magazine: Where is the pantry key?

László Hovánszky managing director METSPA Nowadays everybody is cooking. It is trendy to eat delicious food, to try new flavours and to search for and exchange recipes. Some culinary bloggers have become real celebrities....

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A postcard from Tapolca

We analysed every retail channel at the annual conference, but perhaps we should have focused more on the labour market. If the rumours are true that the government wants the proportion...

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‘We are always late with everything…’

The article’s title is a quote from the great Hungarian poet Endre Ady and the words he put on paper nearly 100 years ago are still true today. Wages are in...

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Digital future

In the last few years retail sales were expanding and this year the sales growth will be around 4 percent. What is more, sales in online retail surged by almost 30...

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Trend reversal

Almost every day we can read something about the dairy market: sometimes there isn’t enough milk, other times there is too much. The appearance of China as a buyer turned...

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