News and articles
The Craft Conference is 10 years old: artificial intelligence is in focus
What CES is to technological innovation, Craft is to software development – the largest IT professional conference in Central Europe celebrates its tenth birthday this year, which invites thousands of...
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New Haribo Bitter Lemon & Friends available for a limited time in Austria
Haribo launches a new product in Austria inspired by the world of beverages. The now 104-year-old Bonn-based confectionery manufacturer offers more than 200 different varieties – and now the portfolio...
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Certified organic market sees record sales in 2023
The US certified organic market reached a record $69.7 billion in sales in 2023, according to data from the Organic Trade Association (OTA). Sales in the category rose 3.4% compared...
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German supermarkets draw even with discounters
After two years of inflation-induced market share losses, German supermarkets stabilize their market position. Food prices are deflating for the first time in ten years. Market leader Edeka ended the...
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The activities of Żabka Group have a significant impact on the development of the Polish economy
The recently published Responsibility Report, “Conveniently and Responsibly”, shows that the total amount of added value generated by the Group and its collaborating franchisees reached PLN 9.1 billion in 2023,...
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Gone With The Wind – Picture of the Day
The curved shape of the coffee mugs made of borosilicate glass looks like they are being blown by the wind. You can blow it, because the double-walled Caleo mug keeps...
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Gargantuan smoked fish eating – Video of the day
Sonja’s fish shop is full of more valuable fish, half a pig’s worth of smoked salmon sides and the like, even after 1,000 cases of vodka, it would be enough...
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FMCG market exclusive for corporate decision-makers
Once again this year, Trade magazin is organizing its traditional half-day professional program for business leaders on the current affairs of the economy, at the Business Meetup&Dinner event. In the...
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Euro zone inflation was 2.4 percent in April as well after March
In accordance with what was announced in advance, the annual inflation in the euro zone was 2.4 percent in April after March, according to the final data published by Eurostat,...
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The Hungarian Marketing Association elected new board members
The defining organization of the profession, the Hungarian Marketing Association (MMSZ), organized its renewal general meeting on May 15 in Haris Park, at which the members elected an expanded, now...
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NGM: handed over high-tech developments to Fábián Gergely Sárvár
Thanks to the support of economic revitalizing investments, the Ministry of National Economy (NGM) promotes sustainable and inclusive economic growth throughout the country, thus creating higher competitiveness and new perspectives...
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Mihály Varga: the economy is entering a phase of intensive development
Having closed the extensive era, the Hungarian economy is increasingly moving into the phase of intensive development, when the added value increases significantly, said the Minister of Finance in Kaposvár,...
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Do guest workers inevitably come to Hungarian agriculture and the food industry?
Significant labor shortages and employment difficulties exist in the Hungarian agricultural and food industry sectors, which can be attributed to multiple factors. According to Dr. Kántor Gyöngyi, HR director of...
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Sustainable Hungarian cleaning products have arrived on the shelves of Auchan
CYCLE’s commitment to a sustainable lifestyle is rising to a new level, as its eco-friendly cleaning products will be distributed nationwide in Auchan stores from May. More and more people...
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“The fan is in you!” – MOL launches a campaign supporting the Hungarian national football team
Laci Lukács, Panni Epres, Peti Marics and MOL support the Hungarian national team together: the stars encourage the players with their personal vows and encourage the fans to do the...
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Double orders for one delivery fee at Wolt
Wolt, the popular technology company, has announced that its users in Hungary can now order from two different restaurants or shops in the same area at once, all under a...
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The price of olive oil may increase significantly
Olive oil prices have soared to record levels, caused by a shortage of “liquid gold” and extreme weather due to climate change, plunging the industry into crisis. This essential food...
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The price of eggs fluctuates
The trends in egg prices and consumption in Hungary are significantly cyclical, influenced by the increased demand during the Easter and Christmas seasons and a decline during the summer months....
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Continental’s Budapest factory received the “Reliable Employer” award
This year, the German-Hungarian Chamber of Industry and Commerce (DUIHK) awarded Continental Automotive Hungary Kft., the Budapest site of Continental, with the title of “Reliable Employer” – which was won...
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Customers will have more money to spend, but the economy is still not out of the crisis
This year, several new economic forecasts indicate that the Hungarian economy will achieve or even exceed regional growth averages, and the increase in real wages will once again enable consumption...
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What can be called sourdough bread will soon become tougher
Recent discussions within the Hungarian Food Codex Committee suggest changes to the regulation of the “sourdough” label, including defining the maximum amount of yeast allowed and the minimum fermentation time...
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Danish Crown in transformation: closing a slaughterhouse while creating new jobs in Denmark
Danish Crown, one of Europe’s leading meat industry companies, has announced the closure of its slaughterhouse in Ringsted but is simultaneously creating new job opportunities in Horsens, Herning, Blans, and...
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In Austria, inflation slowed down in April
The rate of annual growth of consumer prices in Austria fell to 3.5 percent, the lowest since September 2021, in April following the previous month’s 4.1 percent, in accordance with...
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Ryanair: Record profits and optimistic outlook
Ryanair has reported a 34% increase in profits for the financial year, reaching a record €1.92 billion, which exceeds the €1.905 billion forecast by analysts. This growth partly stems from...
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Graboplast: focus on new developments after stable results
Despite the increasing price competition and the challenging economic environment, Graboplast achieved a stable result in 2023, after closing last year with sales revenue of HUF 20.3 billion. The leading...
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KPMG is testing AI as a compliance specialist helping the work of consultants
Hungarian for Innovation organized by the Joint Venture Association (JVSZ). At the conference, a KPMG Hungary employee reported on their experiment, in the framework of which they supported the process...
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The AutoWallis Group’s sales of new and used vehicles in the retail trade increased above the market average in the first quarter
The sales revenue of the AutoWallis Group’s retail business increased by 9 percent above the market average in the first quarter, while the company organized its mobility-related services, which were...
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An all-around convincing performance by this year’s EuroCIS
This year’s EuroCIS – the leading trade fair for the retail technology industry – was a big success. This article is available for reading in Trade magazin 2024/5 The trade...
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Beyond Meat expands into Co-op in the UK
Beyond Meat’s plant-based alternatives are now available in 800 Co-op stores across the UK. The meat-free vegan brand’s products are available in the convenience chain’s frozen food section nationwide. Beyond...
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