News and articles
Italy’s Crai Targets €1b In Private-Label Turnover By 2028
Italian retail cooperative Crai plans to increase the turnover generated from its private-label ranges from almost €350 million to around €1 billion by 2028. The retailer plans to introduce the...
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Danone ‘to sell off operations in Russia’
Danone is reportedly intending to sell its operations in Russia to local dairy group Vamin Tatarstan. The reports have emerged a day before the French giant is due to release its...
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The farmers of the Visegrad countries demonstrated together
Czech, Slovak, Polish and Hungarian farmers held a joint demonstration. Organized by the National Chamber of Agriculture, the Association of Hungarian Farmers’ Unions and Farmers’ Cooperatives, as well as the...
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Milk may become more expensive
Among the staple foods, the average price of milk is on the verge of further increase, having already shown a two percent increase in January 2024. According to a recent...
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Lidl UK looks for outside funding
The discounter wants to raise around 90 mn GBP from investors to build 12 new stores Lidl in the United Kingdom looks for new ways to finance its store network...
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The Body Shop is closing several stores
Popular beauty and cosmetic retail chain The Body Shop has filed for bankruptcy and is facing major restructuring. A significant number of its 198 stores in the UK will be...
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BNPL popularity rises among ‘financially fragile’ consumers
About 60% of that group used BNPL five or more times in the past year, compared to just over 20% of more stable consumers, the New York Fed said. “Financially...
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The price of farmland in Hungary fell for the first time in more than ten years last year
Last year, the rising trend of the land market, which had lasted for more than a decade and was around 10 percent per year, was broken. The average price of agricultural...
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Wine Producer of the Year Gala Dinner
The Hungarian Wine Academy will organize the Wine Producer of the Year Gala Dinner again this year; this year Tamás Günzer is the celebrant. Winner of the title “Wine Producer...
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Luxury raft for swimwear – Video of the day
Like boats clinging to each other or a floating lounge: the pieces of the Hangout product line float on the surface from elements of various shapes and functions, connected individually...
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Everything you need to know about the KÖSZ 2023-2024 catering cooking competition
The KÖZZ special issue of the KÖZSZÖV newsletter summarizes the most important information about the competition....
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Baking pan miracles – Picture of the day
And there is only one among them that is an AI charm, the rest are as classic as possible! ...
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We are consuming less and less pork
According to statistics, the consumption of pork by Hungarians shows a decreasing trend, although some dishes made from pork are still extremely popular. In a recent article, HelloVidék covered the...
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Quality products and extra discounts at Rossmann
Sometimes less is more. When it’s not about love, kisses and intimacy – it’s about prices. Would you like to spend less? There is no tragedy, you can always count...
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DODO is one of the most successful food suppliers in Europe
Despite the downturn in e-commerce, DODO achieved the highest financial turnover in its history with more than 63 million euros and became one of Europe’s most employed suppliers in the...
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They celebrate 170 years of beer production in Köbány with an animated film
In 1854, the first brewery in Kőbánya began operating. Dreher Sörgyárak celebrates the 170th anniversary of its founding and the continuous production since then with a series of programs, which...
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The new and the old: NIS2 and GDPR in corporate information security
If you had to name a law that was created specifically for the protection of information in the European Union, almost without exception, GDPR would be the first thing that...
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New Coca-Cola Creations appeal to K-Pop fans
Coca-Cola today unveiled Coca-Cola Creations’ latest beverage, Coca-Cola K-Wave Zero, which offers limited-edition flavors and experiences for K-Pop fans. The new Creations focuses on the growing popularity and audience of...
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A Hungarian expert was added to the WINA jury
Lounge Group’s creative director Péter Radovics also takes a seat in the hundred-person international jury. WINA, the World Independent Advertising Awards, will hold its prestigious international award ceremony in Monterrey,...
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Bobcats Coding has compiled an AI innovation manual for corporate decision makers
Bobcats Coding AI has created an innovation guide for corporate decision-makers that provides an overview of the rapid rise of artificial intelligence in the investment market, as well as tangible...
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On February 29, the III. REL EXPO, the short food supply chain conference and exhibition
The Short Food Supply Chain Expo and Conference will soon reopen in the main organization of the Kislépték Association and in the co-organization of the National Chamber of Agriculture and...
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Bahrain’s Formula 1 is moving on to Hungarian Festipay
The host of the season-opening Formula 1 race, the Bahrain International Circuit (BIC), announced in a press release issued today that they will switch to a cashless payment system with...
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Organic farmers enjoy an advantage in the distribution of HUF 2,900 billion intended for Hungarian agriculture
The social consultation before the call for tenders for rural development and agriculture has begun, so one detail may still change, but it is already clear that, in total, about...
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There is a lack of financial awareness among the youngest customers
Financial awareness can only be said of a narrow group of 14-18 year olds. In addition, every second young person thinks that they still have time to deal with their...
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The land sale program continues
More than 1,300 pieces of state-owned land with an area of less than 10 hectares will be offered for sale through a public tender in the land sale program, which...
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Discount Retailer Pepco To Quit Austrian Market
European discount retailer Pepco Group has said it will exit the Austrian market, saying it does not expect appropriate returns in the country. “The Group has today concluded that it...
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Heineken launches Birra Moretti with a hint of salt
Heineken has introduced Birra Moretti Sale di Mare, which is essentially unfiltered Birra Moretti lager, but “with a hint of sea salt”. The 4.8% ABV unfiltered lager is rolling out...
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The pre-tax profit of social farms increased significantly in 2022
The Test Factory Information System monitors the property, financial and income situation of Hungarian commodity-producing agricultural enterprises year after year. The analysis using data from 2022 includes 2,109 sample plants....
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FMI: 70% of food companies have health and nutrition strategies
As links between food choices and preventive medicine grow stronger, companies are hiring more medical professionals and looking into emerging trends like medically tailored meals. Grocery stores have grown into...
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