Events
The parliamentary debate on agrarian laws has begun
The main goal of the draft law is to increase the competitiveness of the Hungarian agricultural sector, reduce administrative burdens and promote the uniform application of the law – summed...
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Aldi US doubles down on EDLP price promise
Aldi Süd in the USA highlights the low-price appeal of its discount model. The retailer especially emphasizes the simplicity and inclusiveness of its EDLP strategy. The discounter challenges the paid...
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The United States has the Highest Ecommerce Penetration Rate
According to data presented by Stocklytics.com, the United States has the highest ecommerce penetration rate in the world of 87%, much more than any other country. Although in-person shopping is...
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Jumbo Implements Measures To Make Cheese Supply Chain More Sustainable
Dutch retailer Jumbo seeks to make its cheese supply sustainable by collaborating with Uniekaas Holland and more than 200 dairy farmers from the DOC Kaas cooperative. Jumbo and its partners...
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More than four thousand packs of cigarettes were found in a Belgian van near Nagylak
The tax inspectors found more than four thousand packs of cigarettes in a van with Belgian license plates at the Nagylaki border crossing, the National Tax and Customs Administration (NAV)...
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Hungarian agriculture is at a tipping point
Despite the vicissitudes of recent years, Hungarian agriculture has proven its ability to export. In 2023, our export performance contributed significantly to the result of the budget, which provides outstanding opportunities...
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Meats are becoming more expensive: the rise in cost prices and the difficulties faced by processors are in the background
The rise in the price of meat poses serious challenges to processors due to the increase in cost prices, said Tamás Éder, president of the Association of Responsible Food Producers,...
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According to Greenpeace, the new redemption system is not even in the pipeline
According to a recent survey by Greenpeace, the deposit system for beverage packaging in Hungary shows a worrying trend in the recent period. There is almost no trace of the...
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We need locally and sustainably produced energy
Due to Hungary’s large energy exposure, we need locally produced and sustainable, environmentally friendly energy – said Attila Steiner, State Secretary of the Ministry of Energy, at a press conference...
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Dr György Tilesch: We have entered the AI era2
… the biggest challenge of which is basically to find the balance between the individual and the machine – told Dr György Tilesch, artificial intelligence expert, founding president of the...
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Barry Callebaut to cut around 2,500 jobs worldwide
Swiss chocolate maker Barry Callebaut is to start layoffs worldwide, resulting in a total of 2,500 job cuts – from this 500 in Belgium. Barry Callebaut wishes to streamline its...
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Szallas.hu: the number of reservations and domestic guest nights increased in the first quarter
Hungarian guests booking on the Szallas.hu website spent 8 percent more nights in domestic accommodations in the first quarter of this year than a year earlier, and the number of...
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RANDSTAD Workmonitor: What motivates employees?
Randstad asked 27,000 employees from 34 countries about what is important to them in the world of work and what they expect from their employer. The latest Workmonitor survey reveals...
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In March, inflation remained at 2 percent in the Czech Republic
In March, annual inflation in the Czech Republic remained at 2 percent in February, the Czech Statistical Office announced on Wednesday in Prague. In a monthly comparison, prices rose by...
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This year, Generali’s EnterPRIZE program already supports sustainable businesses with HUF 7 million
The joint 2023 survey of the Generali Group and the Italian SDA Bocconi (in which more than 1,000 European businesses were asked about their efforts in the field of sustainability)...
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BCSDH annual meeting: Let’s lead the change!
The Business Council for Sustainable Development in Hungary (BCSDH) held its annual meeting at the Railway History Park on 27 February. This article is available for reading in Trade magazin...
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Learn about the energy cycle with Coca-Cola!
Coca-Cola Magyarország is committed to sustainability and conscious consumption, so the company’s #myfuture platform is adding an energy cycle themed educational module to its series of circular economy learning materials....
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Newly developed crude oil and grain transport wagons are being leased by EWG from the Swiss Wascosa
The East-West Gate (EWG) intermodal terminal located in Fényeslitké in Szabolcs-Szatmár-Bereg County will lease 60 newly developed and environmentally friendly crude oil and grain transport wagons from Switzerland’s Wascosa on...
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A quarter of the companies increase the amount intended for fringe benefits
At the beginning of the year, fewer employers scheduled salary increases for this year than last year, and although there are still a majority (63%) who plan to increase wages,...
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From price sensitivity to sustainability
In 2023 sales in the cleaning products market increased by nearly 16% in value, driven mainly by rising prices, as all segments of the category declined in volume. This article...
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E21: green transition is only possible with green financial solutions
Green capital market, green financial products, greener banking aspirations – the most recent meeting of Energia21 was organized around the theme of green financial solutions, where the founding members consulted...
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Domestic sunflower cultivation is at the forefront of Europe
According to the forecast of Syngenta, the market leader in the field of sunflower seeds, compared to last year’s record 700,000 hectares, the planting area of the plant will decrease...
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Carbonated soft drinks and syrups riding the stormy waves of the market
In 2023 the carbonated soft drinks market continued to be affected by external factors such as high inflation, the changing tax environment, the introduction of the EPR fee, soaring raw...
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Joe Biden called on traders to reduce prices in the wake of the high inflation figure
The President of the United States of America, responding to the higher-than-expected inflation data, called on American companies and trade actors to reduce their prices in order to reduce inflation....
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The submission of uniform applications for 2024 has started
The legislation required for the submission of uniform applications has been published. Thus, between April 10, 2024 and June 10, 2024, farmers can submit their applications for 44 direct support and...
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C-store operator Re-Up deploys robotic chef amid big expansion plans
Re-Up, which bills itself as the c-store of the future, is partnering to deploy autonomous kitchens as it plots ambitious store growth. Re-Up, the world’s first AI-powered convenience store operator,...
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Beekeepers: this year’s harvest prospects are good, but the low purchase price is a problem for large honey producers
This year’s acacia season may be favorable for domestic beekeepers, however, as a result of persistently low purchase prices caused by Chinese honey flowing into the European Union – mostly...
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Coca-Cola’s smartwater launches canned water as demand for convenience rises
Coca-Cola brand smartwater is rolling out 12 oz aluminum cans for water, offering an updated design and elevated consumption experience. Smartwater original and smartwater alkaline with antioxidant have been available...
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Retail consolidation in Central & South-Eastern Europe accelerates: Discounters and local heroes can increase the lead against other competitors
Over the past two years the emerging markets of Europe have gained in importance in the balance sheets of international retailers. However, in contrast to the past, market share growth...
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Tesco partners with global grocers to launch retail innovation venture fund
Tesco has become one of five leading global grocery retailers to establish a pioneering collaborative venture fund to accelerate innovation across retail. The W23 Global venture fund, which is equally...
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