News and articles
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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Cake of Hungary qualifiers
The first round of judging for the 18th edition of the Cake of Hungary competition was held live in front of a professional audience, at the SIRHA Budapest 2024 trade fair....
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48 percent more fertilizer was sold than a year earlier
Fertilizer distributors sold 522,000 tons of fertilizer directly to agricultural producers in the first quarter of 2024.The volume sold was 48 percent more than a year earlier, despite this –...
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Livestock farming is not responsible for the decline in global drinking water supplies
Another false claim is spreading in the European public discourse regarding animal breeding. While the representatives of the anti-livestock narrative often claim that the sector threatens the public’s drinking water...
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From EU self-sufficient poultry products, there is no need for imports of dubious origin
In recent years, the situation of the poultry sector has been complicated by many challenges, various epidemics, declining demand due to wartime inflation, and cheap but poor-quality products that do...
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Our gluten-free favorite also competes for the KMÉ trademark
The gluten-free life is also imbued with excellence, as it is now possible to apply for the Excellent Quality trademark with rice and rice flour. Of course, the address is...
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Sweden’s Essity Invests In New Research And Development Centre
Swedish hygiene products maker Essity is investing in a new research and development centre in Alsace, France, that will focus on tissue hygiene products. Essity seeks to develop new methods...
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Häagen-Dazs – New flavours in the portfolio
In addition to the double chocolate macaron ganache and the strawberry-raspberry macaron ice creams, this year the macaron collection will also feature the blueberry-vanilla and the yuzu-lemon flavours. Contact: Maresi Foodbroker...
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The administration of vineyard school operators becomes easier with a new form
The National Food Chain Safety Office (Nébih) draws the attention of vineyard operators to the new form available on the office’s website. Nébih created the electronic registration form, which can be...
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Tesco teams up with suppliers to tackle hygiene poverty
Tesco has again joined forced with its suppliers from well-known household brands such as Andrex, Aquafresh, Bodyform, Radox, Sure and Wilkinson Sword to distribute millions of personal care items to...
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The biggest cucumber-growing greenhouse in our country was handed over
Slovak and Hungarian-owned GreenCoop has handed over its second Hungarian greenhouse in the border of Ács. Approximately 12-14 million snake cucumbers are grown annually in the six-hectare facility using thermal...
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The sweet charm of AI-generated advertising – Video of the day
This pizza commercial was made a year ago, maybe it’s not perfect yet (let’s say it’s a bit smiley), but with the speed with which artificial intelligence learns, it might...
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Strawberry luxury (and packaging) – Image of the day
Strawberry packaging for the more affluent: a box of wonders grown at Oishii Farm in Philadelphia costs $50. Impressive exterior, guaranteed interior! The purpose of our pictures today is to...
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On the Day of Innovation, the “Inno d’Or – Innovation of the Year 2024” awards were presented
This year marked the fourth occasion of the innovation competition initiated by Trade magazine in 2021, accompanied by a full-day professional conference. The event dedicated to innovation took place on...
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