News and articles
21-22 May: trade fair for private label products in Amsterdam
This year the representatives of private label product manufacturers and retailers will meet again on 21-22 May at the World of Private Label trade show in Amsterdam. There will be more...
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New offline concepts strengthen customer loyalty
According to shopping experience surveys conducted by PSFK, retailers such as Chanel and Cartier have started offering cross-services – just like FMCG retailers do. In one of their New York and...
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Seventh heaven
International retail chain 7-Eleven tries to be a part of our everyday lives that stores offer everything consumers might need in Taiwan. In addition to the usual hypermarket assortment, they can...
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Supermarket, c-store or filling station? All three!
Retail chain Hy-Vee Davenport (Iowa) has introduced one of the latest innovative retail concepts. Hy-Vee Fast & Fresh is hybrid commercial complex that combines the product selection of a supermarket with...
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Dairy products drove food prices up
In February the FAO food price index rose by 1.7 percent to reach 167.5 points. The index hasn’t been this high since August 2018, but it is still 2.3 percent lower...
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Two Hungarian SMEs have earned the GREEN BRANDS certification
On 26 February GREEN BRANDS Hungary ceremonially presented the diplomas for using the GREEN BRANDS trademark to the award winners. The winners were: enerBIO and alterra by Rossmann, cleaning supplies brand...
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Hungarian CEOs: The lack of experts is the biggest problem
For the 8th time, PwC Magyarország has interviewed 236 CEOs from 8 industries, in cooperation with the Confederation of Hungarian Employers and Industrialists (MGYOSZ). In comparison with last year, one fifth...
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Russia: the expansion in various channels promises growth
Since the four biggest Russian FMCG retailers are expanding in the direction of new, growing sales channels, their share from the top 20’s sales will reach 74.3 percent by 2020...
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The situation is changing in the East
LZ Retailiytics – a department of Lebensmittel Zeitung – has studied the FMCG market trends of Central and Eastern Europe. They found that the Russian market leader X5 group’s Pjatyorka...
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Retail sales augmented by 5.4 percent
In January 2019 like-for-like retail volume sales augmented by 5.4 percent; adjusted for calendar effects, the sales growth was the same – reported the Central Statistical Office (KSH). Food and...
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Prices increased by 3.1 percent in February
In February 2019 consumer prices were 3.1 percent higher on average than a year before. In comparison with February 2018, food prices increased by 5.2 percent. Seasonal product prices (potatoes,...
Read moreCereal prices up 14 percent in just one year
In December 2018 agricultural production prices were 5.8 percent higher in comparison with the level of December 2017 – reported the Central Statistical Office (KSH). This situation was the result...
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Half of Hungarians are already buying premium products online
Nearly half of Hungarian consumers are already buying premium products online, and this proportion is getting closer to the 61-percent European and the 69-percent world average. What is more, 15...
Read moreNielsen: Despite the slight slowdown, domestic retail is leading in the region
The slowdown in the European economy’s growth rate has also had an impact in Hungary: the growth rate of the continent’s retail sales declined by an average of -2.1 percent...
Read moreThe Spring Pork Consumption Campaign has been launched
The Spring Pork Consumption Promotion campaign was launched. The Ministry of Agriculture support the campaign from the 440 million HUF framework intended for the marketing of pork. Feldman Zsolt Minister...
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The EP adopted a directive on unfair trading practices
The a large majority of the European Parliament (EP) supported the new EU Directive on unfair trading practices – the EU Parliament announced. At the European Parliament’s plenary session in...
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KSH: foreign trade in services closed year 2018 with a surplus of 8.5 billion euros
Over the past year, 514 billion euros export surplus appeared on services s the result of 25,133 billion euros in exports and 16,619 billion euros in imports, compared to the...
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Mars has appointed a new Central European supply chain leader
Sophie Gaspard joins as the new Central European supply chain leader of Mars to one of the world’s leading food and confectionery companies’ regional leadership team. With her appointment, she...
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Startup Safari is the largest festival in the region’s startup world in Budapest
The Startup Safari Festival to be held in Budapest for the fourth time this April. From 17 to 19 April, visitors will be able to get to know the companies,...
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She won a car with a bag of biscuits, but she lost her receipt
Dénesné Juhász Éva from Sajókaza could receive the main prize of the Hungarian Product Award after a series of problems. Dénesné Juhász Éva, who works in the hospital of Kazincbarcika...
Read moreA production center is being built in Fehérgyarmat
An industrial facility suitable for the reception of production enterprises will be built in Fehérgyarmat, Szabolcs-Szatmár-Bereg County. The largest part of the 950 million HUF investment will be financed by...
Read moreThe number of mini-breweries in the Czech Republic increased last year
In the Czech Republic, the number of mini-breweries increased from 400 to 440, last year – the Czech-Moravian Alliance of mini-breweries announced in Prague. According to the announcement, the growing...
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Over six million deceptive ads were deleted daily by Google
Google deleted 2.3 billion ads last year, more than 6 million per day that violated current policies. in the information sent to MTI on Thursday the company reminds that Google...
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China and North America have helped Adidas to record high revenues
Due to the upturn in sales in China and North America, Adidas Sports Equipment achieved record sales last year. According to the company, by excluding the exchange rate fluctuations, the...
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Több mint egy évezrede működik az ír söröző
2004-ben a rekordok könyvébe is bekerült az Írországban található Sean’s Bar söröző, mint Európa legrégebbi folyamatosan működő pubja – írja a BBC nyomán az Origo. Jelenleg pedig azt kutatják, vajon...
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Magazine: Special flavours for special dishes
As cooking is slowly but steadily becoming a source of joy instead of a routine activity, there are more and more cooking ingredients available to consumers. This is also true...
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Minister of Agriculture: the spice paprika industry receives more than 500 million HUF support
Immediate action is needed to preserve the paprika sowing area, so the sector will receive more than 500 million HUF this year – Nagy István, Minister of Agriculture stressed in...
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How much do the Hungarians drink?
The habits and knowledge of domestic consumers regarding fluid intake were studied in national research. The relationship between Hungarian consumers and recommended daily liquid intake is controversial. Although nearly two-thirds...
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According to companies, the export market is more profitable
According to K&H’s corporate growth index, compared to the previous quarter’s low point, domestic companies’ revenue and earnings expectations for the next year have improved significantly, but companies still expect...
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