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Nestlé signs India venture with pharma group Dr Reddy’s
Date: 2024-05-08 09:39:50
The Swiss giant’s Indian arm will initially hold a minority stake in the new business. Nestlé’s Indian arm has entered into a venture with pharma group Dr Reddy’s Laboratories to...
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Poultry imports decreased by 21 percent
Date: 2024-05-08 09:30:06
According to data from the European Commission, the EU’s (EU27) poultry meat exports increased by 17 percent to 171,000 tons in January 2024 compared to the same month of the...
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Nébih: the State Fisheries Service prevented the planting of invasive fish species
Date: 2024-05-08 09:07:02
The State Fisheries Service of the National Food Chain Safety Office (Nébih ÁHSZ) has already banned the planting of invasive fish species, such as silver crucian carp, in two cases...
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The State Fisheries Service prevented the introduction of dangerous invasive fish species
Date: 2024-05-08 09:00:40
The State Fisheries Service of the National Food Chain Safety Office (Nébih ÁHSZ) has prohibited the establishment of invasive silverfish in two cases this year so far this year, and...
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Good-bye Aldi Price – A eulogy for EDLP price leadership
Date: 2024-05-08 09:00:29
National price leadership is an overrated concept in 2024. In the wake of record-high inflation rates shopper research all across Europe suggests that retailers have to lead on being cheap...
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(HU) A személyre szabott ügyfélélmény a legfontosabb
Date: 2024-05-08 05:24:06
Sorry, this entry is only available in HU....
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KSH: retail turnover increased by 4.2 percent compared to the same period of the previous year, and by 2.0 percent compared to the previous month
Date: 2024-05-07 13:29:29
According to raw data, the volume of retail sales in March increased by 3.6 percent compared to the same period of the previous year, adjusted for calendar effects, by 4.2...
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Significant increase in retail trade – sector outlook
Date: 2024-05-07 13:27:12
In March, retail sales volume increased significantly by 2% compared to the previous month, according to both seasonally and calendar-adjusted data. The trend is positive, however, business cycle indices suggest...
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NGM: the recovery of consumption is becoming more and more dynamic, retail turnover increased by 4.2 percent in March, which means that consumption has increased for three consecutive months
Date: 2024-05-07 13:20:49
Based on the latest data from the Central Statistical Office (KSH), the volume of retail trade increased by 4.2 percent in March 2024 compared to the same period of the...
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GKID-Mastercard: the momentum of domestic e-commerce seems to be running out, while Chinese webshops are also conquering Hungary
Date: 2024-05-07 13:16:33
The GKID-Mastercard Digital Commerce Survey reveals a challenging landscape for domestic e-commerce in Hungary as global competition intensifies. The 2024 edition of the report underscores the slowing momentum in the...
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Retail sales increased in the euro area and the EU in March
Date: 2024-05-07 12:59:17
Retail sales in the euro area and the European Union increased in both monthly and annual comparisons in March. According to data published on Tuesday by Eurostat, the statistical office...
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AM: Hungary continues to strive for close cooperation with the FAO
Date: 2024-05-07 12:22:06
Hungary continues to strive for close cooperation with the FAO, the Ministry of Agriculture (AM) told MTI on Tuesday. According to the announcement, Minister of Agriculture István Nagy, who received...
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A fifth of Hungarian online shoppers are still careless
Date: 2024-05-07 12:10:41
Almost three-quarters of the Hungarian population regularly buys and pays online (69 percent), and almost everyone (97 percent) is aware of the associated risks. Four-fifths of those surveyed use at...
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Coviran wants greener footprint
Date: 2024-05-07 11:44:43
Spanish retail cooperative Coviran is aiming to expand the use of renewable energy throughout its supply chain, in a bid to reduce its carbon footprint and make its network more...
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MPL – We don’t mind that it’s available, but we don’t necessarily choose it
Date: 2024-05-07 11:36:57
As of March 28, 2024, online stores are obliged to make Magyar Posta’s delivery services (also) available to their customers. Based on an April survey by Reacty Digital, the public’s...
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An exciting, exotic world
Date: 2024-05-07 11:34:21
Our magazine has asked the biggest players in the domestic rum and tequila categories about the market situation. This article is available for reading in Trade magazin 2024/5 Zoltán Kedves,...
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K&H: sustainability is also profitable for businesses
Date: 2024-05-07 11:25:22
Companies that incorporate sustainability into their operations enjoy significant advantages over their competitors that do not pay enough attention to this area, according to a recently published global survey of...
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Serums here, active ingredients there
Date: 2024-05-07 11:25:00
Traditionally women’s facial care products have been surrounded by greater interest, but as men’s skin care habits have changed in recent years, cosmetics for men are increasingly in the centre...
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Changes in the Labor Market and Business Decision-Making Based on the IOM World Migration Report 2024
Date: 2024-05-07 11:20:58
The International Organization for Migration (IOM) World Migration Report 2024 has unveiled significant data concerning global migration trends and challenges, which are particularly important for business decision-makers. The report emphasizes...
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NIS2: who should be the person responsible for the security of information systems?
Date: 2024-05-07 11:12:54
With the entry into force of the “Cyber Science Act” on cybersecurity certification and cybersecurity supervision, the implementation of the EU’s new NIS2 (Network Information System v2) directive into the...
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Márton Nagy: artificial intelligence is inevitable
Date: 2024-05-07 11:05:29
Artificial intelligence (AI) will have an inevitable and increasingly important role, but at the same time, everyone in the global economy is protecting their own technology, and trade wars are...
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Beer consumption in the Czech Republic is at an all-time low
Date: 2024-05-07 10:59:46
Beer consumption in the Czech Republic reached a historic low in 2023. Czech breweries brewed 20 million hectoliters of beer last year, 2.7 percent less than the previous year. Beer...
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Functional foods in full force
Date: 2024-05-07 10:56:49
Functional products include fortified foods and beverages, nutritional and dietary supplements, and various bars and snacks enriched with vitamins, minerals, probiotics, proteins and other nutrients. These products represent the perfect...
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AB InBev building 0.0% tech in UK, sees opportunity in “adult refreshment”
Date: 2024-05-07 09:44:51
AB InBev sees „a unique opportunity” in building its 0.0% portfolio in the area of „adult refreshment”. Anheuser-Busch InBev is building new de-alcoholisation technology in the UK as the world’s...
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Walmart reportedly reducing in-store waste with AI
Date: 2024-05-07 09:35:45
A new Walmart pilot reportedly provides store associates with artificial intelligence insight on products that may be close to expiration. According to CNBC, Walmart is testing an in-house-developed, AI-based solution...
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Cross-border ecommerce reached 237 billion euros
Date: 2024-05-07 09:03:39
The online European cross-border market reached a turnover of 237 billion euros in 2023. This is an increase of 32 percent compared to the year before. European online stores generated...
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The Hungarian beer market focuses on alcohol-free beers and the premium category
Date: 2024-05-06 12:37:00
The Hungarian beer market is witnessing significant shifts, with non-alcoholic and premium beers becoming increasingly popular. According to Kántor Sándor, Director of the Hungarian Brewers Association, there is a noticeable...
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In April, the economic performance of the euro area expanded at the fastest rate in almost a year
Date: 2024-05-06 12:25:51
In April, the economic performance of the euro zone expanded at a greater rate than expected, at the fastest rate in 11 months, based on the growth rate of the...
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Hungarian imports and exports also fell in March
Date: 2024-05-06 12:19:10
In the month of March, Hungarian exports and imports also suffered a serious decline. According to data from the Central Statistical Office (KSH), the value of exports was 15 percent...
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Sz. Variáns Kft. implements an exemplary sustainability program
Date: 2024-05-06 12:01:05
The packaging technology family business in Debrecen, Sz. Variáns, considers it important to reduce its own ecological footprint, which is why it expresses its commitment to environmental protection with its...
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