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Lidl, Billa To Open New Stores in Bulgaria

Lidl Bulgaria is set to expand its retail network with the opening of eight to 10 new stores in 2024, with each outlet seeing an average investment of BGN 14...

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Snoop Dogg, Dr. Dre bring hit ‘Gin & Juice’ to the beverage space

Thirty years after the two unleashed the namesake song to the public, the rappers have partnered on a RTD cocktail offering. Thirty years after their hit collaboration “Gin & Juice”...

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The producer price of raw milk decreased by 26 percent compared to a year earlier

In December 2023, the producer price of raw milk in national currency decreased by 20 percent in the European Union, by 17 percent in New Zealand, and by 16 percent...

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These are the challenges of the FMCG market now, according to Gabriella Heiszler

Gabriella Heiszler, president and managing director of SPAR Magyarország Kereskedelmi Kft., spoke about the challenges of the FMCG market and the development of the sector in her interview with Pénzcentrum....

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The product categories of High Quality Food are being expanded

The number of product categories of the Excellent Quality Food mark may soon be expanded – the National Chamber of Agriculture (NAK) announced to MTI on Monday. According to the...

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Tomatoes have become more expensive

Based on recent data from the KSH, it was revealed that the price of tomatoes and peppers rose significantly in January 2024, and the price of red onions also rose....

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He built a new storage facility at the Mezőtúr site of Prince Job Holding Zrt

Prince Job Holding Zrt., which deals with the storage and packaging of corn and sunflower seeds, built a new warehouse, bought modern machines and installed solar panels at one of...

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Majority Of Europeans Consider Ultra-Processed Foods Unhealthy, Study Finds

The majority of European consumers (65%) believe that ultra-processed food items are unhealthy and will cause health issues later in life, according to a new study conducted by the EIT...

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2024 is the year of improvements in vocational training

2024 is the year of improvements in vocational training – declared the state secretary responsible for innovation and higher education of the Ministry of Culture and Innovation at the opening...

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Mega Image Invests €25m In Store, Warehouse Upgrades

Romanian food retailer Mega Image has invested over €25 million in renovating and modernising its stores and warehouses. The retailer, which is part of the Ahold Delhaize group, has already renovated...

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Balázs Győrffy: the V4 agricultural organizations are holding a joint farmer demonstration

The agrarian chambers of the Visegrad countries are organizing a joint demonstration together with the representatives of Latvia and Lithuania on February 22, drawing the public’s attention to the fact...

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K&H: This year, companies’ sales may increase above inflation

Compared to the previous ones, the companies expect a slightly more modest increase in sales of 7.2 percent, but at the same time a stable increase in profit of 3.8...

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Good news for customers: the price reduction has started in the technical market

According to Euronics, sales revenue and the number of purchases decreased in 2023 in parallel with the decline of retail traffic in Hungary, but the last quarter again brought good...

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Márton Nagy: the reduction of inflation is due to the choice of the right tools

The rapid reduction of inflation is due to the fact that the government used the best tools, realizing the importance of fiscal and regulatory policy in stopping unfavorable processes, the...

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What is the scientific truth behind fasting?

The forty-day Lent before Easter has begun, but at this time many people, regardless of religion, start a juice fast or detox in order to get in shape for spring....

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The horticulture sector can be renewed through integration

Integration is unavoidable for efficient development and renewal of the horticulture sector. And for this, it is necessary to make effective use of the tender opportunities. That is why we continue...

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The Food Rescue Center is collecting food donations again

The Food Rescue Center is collecting food donations again – announced Zsolt Nyitrai, Chief Advisor to the Prime Minister, in a video published on his Facebook page on Sunday. The...

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NAK organizes a series of professional events for farmers entitled Real animal welfare

The National Chamber of Agriculture is launching a series of events under the title “Real animal welfare”, the aim of which is to provide farmers with knowledge that will help...

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Molson Coors bullish on beer as AB InBev cedes market share

Core brands in the category have seen growth over the last nine months, a trend the company’s CEO does not see going away. Molson Coors believes shifts in the beer industry and...

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Billa Czechia Announces Added Benefits For Loyal Customers

Billa Czechia has rolled out new benefits and opportunities to collect and use points as part its new loyalty club feature. Billa club members will have access to a greater...

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Farmers can expect favorable changes in the support conditions

Zsolt Feldman also spoke about the 2024 tender schedule, the favorable changes in the support conditions, and the adaptation strategies that can be followed in plant cultivation, which represent a...

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Gen Z wants self-scanning, self-checkout, checkout-free

A study among 4.000 shoppers in the UK and the US, commissioned by Avery Dennison, found that 52 percent of Gen Z would “switch to another store if their favorite...

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Ahold Delhaize’s results under pressure – CSEE region meaningful differentiator for future growth

Ahold Delhaize closes the year 2023 with a significant drop in net income. As the retailer reports, net sales including European and U.S. operations were up 3.8% at constant exchange...

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ULT Magyarország has raised its basic tobacco purchase prices

In this year’s tobacco growing season, Universal Leaf Tobacco (ULT) Magyarország Kft. has announced increased basic tobacco purchase prices for both types of tobacco compared to last year, the agronomy...

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NAV raided an illegal family tobacco operation

The financial investigators of the National Tax and Customs Administration (NAV) raided a family from the county of Szabolcs-Szatmár-Bereg engaged in drying, shredding and selling tobacco leaves. In a statement...

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Diminishing CEO fears, cautious optimism for 2024

54% of CEOs also trust in the improvement of the growth rate of the global economy, 60% of them in the domestic economy, according to the 13th PwC Hungary CEO...

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VOSZ: High inflation will not return even with lower interest rates!

As we reported, the economy suffers from the high level of interest, as it means unrecoverable interest costs. Our analyzes show that a more serious interest rate reduction would be...

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Artificial intelligence is tempting, but you have to be careful about your rights

The corporate application of artificial intelligence has many opportunities, but also many legal pitfalls, warns the international law firm Baker McKenzie. With the help of generative artificial intelligence (AI), we...

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Hungary’s EU presidency: soil protection is the basis of everything

Our country stands by the basic principle that the food coming into the Union must comply with the same rules and regulations that the EU imposes on its own producers...

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SPAR University Teams Up With EasyToys In The Netherlands

Selected SPAR outlets in universities and colleges in the Netherlands are offering sex toys from EasyToys, according to media reports. The initiative is part of a collaboration between SPAR University...

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