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PwC paves the way for AI technology with Harvey
Harvey is built on OpenAI and ChatGPT technology and is backed by the OpenAI Startup Fund. The platform uses natural language processing, machine learning and data analytics to automate and...
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A successful year for the SPAR online store: already more than 200,000 users
The number of customers in SPAR’s online shop, which offers 13,000 products, has increased to more than 200,000 in five years. This article is available for reading in Trade magazin...
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Agri-businesses have high hopes for 2024
Agricultural businesses are once again positive about the future, according to the latest 4th quarter results of the K&H agriculture index. This article is available for reading in Trade magazin 2024/2-3...
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Only alternative, organic and free-range eggs sold in four SPAR stores
From the end of January 2024, on a trial basis four SPAR stores in Budapest sell only alternative, organic and free-range eggs, excluding cage eggs from the assortment. SPAR has...
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Recycling a type of waste that has been buried until now
Hamburger Recycling Hungary Kft. is putting special machinery into operation in Lőrinci. This article is available for reading in Trade magazin 2024/2-3 The technology makes it possible to recycle industrial...
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SPAR Magyarország switches to environmentally friendly containers
SPAR Magyarország is introducing a new type of reusable transport container in its fruit and vegetable departments in 2024. This article is available for reading in Trade magazin 2024/2-3 IFCO...
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BMI: moderate slowdown in January
In January the seasonally adjusted Purchasing Manager Index (BMI) stood at 49.9. This article is available for reading in Trade magazin 2024/2-3 Respondents reported a slowdown and a trend similar...
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GVH proposes a multilevel sustainability labelling system
Green advertising messages are often unclear and confusing, and a significant proportion of consumers aren’t aware of the exact content and meaning of certain claims and labels – these are...
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The solvency of Hungarians may slowly return to pre-war levels
In the last quarter of 2023 the solvency of Hungarians continued to increase, following the annual trend – according to research by Intrum and GKI. This article is available for...
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VOSZ Barometer: purchasing power drop shocked SMEs in 2023
According to data from the fourth quarter, the VOSZ Barometer Index (a survey commissioned by the National Association of Entrepreneurs and Employers (VOSZ) and conducted and by the Equilibrium Institute)...
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Innovation and inspiration
Promising a new level of collaboration and in-store experience, the Shop! MarketPlace trade show will take place on 9-11 April. This article is available for reading in Trade magazin 2024/2-3...
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New elements and top fines in GVH’s practice
Several competition law and consumer protection topics have been discussed at the business breakfast of Schönherr Hetényi Law Firm. This article is available for reading in Trade magazin 2024/2-3 Attorneys...
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Fear and security
Recently we have been hearing these two concepts juxtaposed from more and more angles at a growing number of events. From the point of view of consumers and their purchasing...
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Price Monitor now reports the daily prices in 78 product categories
In mid-January, the online Price Monitor system operated by the Hungarian Competition Authority (GVH) was extended to another 16 product categories. This means that consumers can now compare the daily...
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New lifestyle brand in Rossmann stores
From February the nutritional supplements of Vanessa Axente are available in Rossmann Magyarország stores. The internationally renowned Hungarian fashion model has entered the dietary supplement market with her lifestyle brand...
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Seven out of ten Hungarians see fruit and vegetables as the key to a healthy diet
Consumers who pay special attention to following a healthy diet say they have become 5% more critical of red meat in a year, and there are almost no Hungarians who...
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The Association of European Retailers is waiting for a solution to the Red Sea crisis
The Association of European Retailers (Ecommerce), which unites the major store chains, called on the European Union to urgently solve the shipping crisis in the Red Sea, as it could...
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Plant-based milk drinks are missing from store shelves
The trend of plant-based foods that is spreading throughout Europe does not leave Hungary cold either, but surprisingly, not a single domestic manufacturer produces such products. The Agrárszektor asked Zombor...
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The sale of energy drinks to minors has been banned in Romania
In Romania, the House of Representatives voted with a large majority on Tuesday the draft law that prohibits the sale of energy drinks to minors. According to the law, it...
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Minister of National Economy Márton Nagy in the GVH podcast
What factors caused the development of record inflation in Hungary and what is the reason for the rapid reversal of monetary deterioration? For what reasons did food inflation rise and...
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Ukrainian honey can come again
On Monday evening, a new government decision was published in the Magyar Közlöny, which makes it possible to import Ukrainian honey to Hungary again. The interesting part of the decision...
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Nébih contacts the farmers involved in the eGN data reconciliation
Farming logs could be uploaded to the eGN system of the National Food Chain Safety Office (Nébih) until midnight on February 15. More than 100,000 farmers recorded more than 10 million...
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Exports of shelled nuts and nut guts also fell
According to KSH data, the walnut harvest in 2022 was 6.45 thousand tons, 8 percent more than a year earlier. According to experts, the harvest in 2023 was weaker than average....
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WWF: Changing food culture can help sustainability
Changing food culture can help sustainability, according to WWF’s latest survey in Central Europe. The change on our plate – WWF’s report on sustainable nutrition in Central Europe study draws...
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We protect the interests of farmers by all means
The government sees farmers as strategic partners and will protect their interests by all means, Minister of Agriculture István Nagy declared on Monday in Kalocsán at a forum organized as...
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A 5 percent higher sunflower seed yield is expected
The USDA expects a world sunflower seed harvest of 55.1 million tons in 2023/2024. economic year, this may exceed the volume of the previous year by 5 percent. The global output...
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Ocado launches ‘fine dining’ frozen food range for pets
Ocado is to offer a ‘fine dining’ frozen food range for pets in a bid to appeal to more “younger, urban, mindful owners”. Pet food brand Ted’s Bowl range is...
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Inland water situation in agriculture
In the country at the beginning of 2024, the amount of agricultural land covered by inland water is considerable, but not particularly high. Based on satellite radar images, at the end...
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Plant protection is the basis of food safety
The safety of the food chain must be guaranteed from its roots, i.e. plant protection. That is why the professional up-to-dateness of plant doctors is not only of scientific interest,...
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Mutti Earmarks €100m For Expansion And New Products
Italian tomato-based derivatives producer Mutti plans to invest €100 million to launch new subsidiaries and products as part of its 2024-2028 Strategic Plan. The CEO and majority shareholder, Francesco Mutti,...
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