Company and Personal News
Katjes sells stake in porridge business Haferkater back to founders
Katkes backed Haferkater via its investment arm Katjesgreenfood seven years ago. German confectionery major Katjes Group has sold its 25% stake in local porridge business Haferkater back to the company’s...
Read more
Millennials and Gen Zs drive surge in demand for RTD iced coffee
The demand for iced and specialty coffee beverages is experiencing a significant uptick, largely driven by Millennials and Generation Zs, according to a recent report by GlobalData. “This cohort has...
Read more
Walmart Health Centers Are Closing
Citing lack of profitability, retailer shuttering all 51 clinics In a surprise move, Walmart (Bentonville, Ark.) has decided to close all 51 of its Health Centers. After operating a growing...
Read more
The AutoWallis Group is planning another doubling of its regional growth strategy until 2028
The AutoWallis Group plans HUF 750 billion in sales revenue and HUF 40 billion in EBITDA profit by 2028, thus doubling last year’s results for both indicators. The regionally dominant...
Read more
NAV confiscated fake cleaning products and untaxed cigarettes
The tax inspectors of the National Tax and Customs Office (NAV) seized fake cleaning products and untaxed cigarettes on a farm near Mosonmagyaróvár, the customs office announced on its Facebook...
Read more
The latest issue of Trade magazin is out now!
The digital version is available with more content once again and can be read by clicking on the front page below. But what does the May issue feature? The May...
Read more
FAO: global food prices increased for the second month in April on a monthly basis
In April, global food prices rose for the second month in a row in a monthly comparison, this time mainly due to the increase in the price of meat, vegetable...
Read more
ALDI is reducing the price of fresh meat and frozen meat products
ALDI continues its price reduction: from the beginning of May, it will reduce the prices of 12 fresh meat and 4 frozen meat products. Those following a meat-free diet can...
Read more
Here is Rossmann’s new application, the Virtual Mirror
Keeping up with the innovations of the digital age and the development of technology, Rossmann introduced a feature in its mobile application that could revolutionize drugstore shopping. The Virtual Mirror...
Read more
Shop-in-shop: eMAG has launched a hair care and make-up section
eMAG Hungary has recently launched its new Hair Care and Makeup section as part of its shop-in-shop concept, offering an impressive array of over 70,000 hair care and makeup products,...
Read more
Beauty care travels at breakneck speed
Beauty care is one of the fastest growing markets in the FMCG sector. Within beauty care, there are many rapidly evolving segments such as face and body care, make-up, hair...
Read more
The solvency of Hungarians has improved again, but it may be too early to rejoice
At the beginning of this year, the solvency of Hungarians continued to improve, the Intrum Solvency Index exceeded 10 points in the first quarter, according to the new report of...
Read more
HEINEKEN Hungária Zrt. will start the festival season in Sopron on May 11.
The SopronFest, held for the first time in 2023, proved: Sopron cannot remain without a festival, and the festival cannot remain without Soproni. Thus, from May 11, with the support...
Read more
High – but not on sugar
The category of sugar-free soft drinks has been growing steadily for years, driven by the health consciousness trend. This article is available for reading in Trade magazin 2024/5 Demand for...
Read more
In alliance with agriculture: MBH Bank responds to the challenges of the market together with professional organizations
MBH Bank has signed a cooperation agreement with the Association of Hungarian Livestock Breeders, the National Association of Grain Growers, the Milk Trade Organization and Product Council, and the FruitVeb...
Read more
Auchan comes up with an unusual sale
There is serious competition between store chains to retain customers. According to Auchan’s experts, price is a priority, but it doesn’t matter what kind of customer experience each sale gives....
Read more
IKEA is preparing for the Balaton season with mobile collection points
This summer, IKEA will once again open its Mobile Pickup Points at popular vacation spots on the southern shore of Lake Balaton in Hungary, specifically in Balatonboglár and Siófok. This...
Read more
The talking digital financial assistant is already available for SMEs
Kate, K&H’s digital financial assistant, has been helping small and medium-sized businesses since spring. The artificial intelligence-based solution is the only one in the country that understands and executes voice-based...
Read more
Food prices may increase due to global warming
Global warming and extreme weather conditions are putting increasing pressure on agriculture, posing significant inflationary risks worldwide, according to a new study from the Potsdam Institute for Climate Impact Research....
Read more
The MRSZ calls for industry cooperation and an action plan
At the request of the MRSZ, EY prepared a study in the first quarter of 2024 on the effects of international centralization efforts on the domestic marketing communications industry. The...
Read more
Olive Oil Industry: Renewal Needed for Sustainability
There has been a longstanding demand within the olive oil industry for sectoral renewal to ensure sustainability. According to a CNBC report, this year could be pivotal for the industry....
Read more
Under the name Prime Network, Eurowag is introducing a new segment in its acceptance network on the most important transit routes in Europe
Eurowag has announced the introduction of a new segment in its existing acceptance network, named “Prime Network,” strategically located along major transit routes. The Prime fuel stations are selected from...
Read more
If you need a little… energy
In 2023 the energy drink category showed a small decline in terms of units sold, but an increase in value. This article is available for reading in Trade magazin 2024/5...
Read more
The spring campaign of Számlázz.hu is here
The latest campaign of the dominant fintech company was coordinated from concept to production by the Republic Group team. The creatives will also appear on outdoor and digital surfaces, i.e....
Read more
Coop Sweden to offer more locally grown tomatoes
Coop Sweden plans to increase the proportion of Swedish-grown tomatoes in its store offerings from this summer, so it will source its produce from a new greenhouse in Frövi, developed...
Read more
Problematic sausage at Auchan
Due to the presence of an unmarked allergen (soy), Auchan Magyarország Kereskedelmi Kft. has recalled the products “Auchan Kedvenc csemege Debreceni, 300 g and Auchan Kedvenc csípős Debreceni, 300 g”...
Read more
What you should know about salt and salting
Salt, scientifically known as sodium chloride, is an essential mineral in human nutrition. It has been used for millennia not only as a seasoning but also as a preservative and...
Read more
The European Commission extends the license for state aid to agricultural and fishing producers
The European Commission will extend by six months the temporary measures that allow the governments of EU member states to pay state aid to agricultural and fishing producers affected by...
Read more
Apple’s sales have fallen significantly
In the first three months of 2024, Apple’s sales fell by 4%, down to $90.8 billion compared to the same period last year, as reported by the BBC. The significant...
Read more
Mother’s Day: expert tips for mother-entrepreneurs
Women still have to meet conflicting expectations regarding starting a family and getting a job, which not only complicates their situation, but also takes away significant resources in terms of...
Read more