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Kellogg’s meets gender parity goal three years ahead of target
Kellogg’s has reached its target of having 50% male and female representation at manager level and above in the UK, three years ahead of its 2025 goal. In 2019, Kellogg...
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Carrefour Polska To Shutter Galeria Alkoholi Stores
Carrefour Polska plans to close stores operating under its Galeria Alkoholi format as it aims to focus on developing its best-performing banners, according to a report in the online publication,...
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Walmart warns employees not to share corporate secrets with ChatGPT
American retail giant Walmart issued an internal memo to its staff, urging not to disclose any confidential, financial or customer-related information to generative AI tools like ChatGPT. The leaked memo...
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Our common heritage is the Carpathian Basin Wine Culture
We do not leave all the wealth that lies in the soil of the Carpathian Basin, vineyards, fruit bushes and human expertise, diligence, said István Nagy, Minister of Agriculture II....
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E-commerce trends in 2023
In the past few very eventful years, the reliability of forecasts by researchers became somewhat questionable. We at NRC have a decades-long overview of e-commerce trends, as being the biggest...
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Márton Nagy also spoke about the extra profit tax and the price cap
If energy prices had not fallen, no matter how high the central bank interest rate is, the exchange rate of the forint will probably not stabilize, which is why it...
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Gardeners have to cope in a tightening world
Representatives of the horticulture sector met for the eighth time in Szeged to review the issues affecting the sector at the Zsendülés conference on March 2. The main patron of...
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The new managing director of Kifli has spoken: this is what we can expect after the price cap
In his recent interview with Pénzcentrum, Gabriel Makki, the newly appointed new managing director of Kifli, spoke about the company’s biggest changes, the expansion of their own-brand product range, as...
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Pork may become more expensive in the coming months
In the case of meat, we can expect a 10 percent price increase after the introduction of the price cap, primarily in the price of pork, but it is also...
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Should plant-based food be placed next to meat in stores?
According to recent research, many consumers think: the preparation of dishes from plant-based foods is complicated and expensive, and the result is less tasty in comparison with meat. Experts believe...
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Start-ups are developing vegan salmon fillet and crab cake
Toronto-based start-up New School Foods is working on developing vegan seafood. With three years of work, they invented cutting-edge technology, utilising target freezing to create structures similar to the muscle...
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Is potato milk the new alternative in the dairy industry?
Swedish brand DUG is using potatoes to reinvent dairy products. The company claims its potato milk is the best alternative in the market, pointing it out that potato is a...
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Soy protein reduces the risk of heart diseases
A recent study claims the special proteins in soybean can reduce the LDL cholesterol level, and they also diminish the risk of metabolic disorders such as arteriosclerosis and fatty liver....
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If the lemons are sour…just use them to make lemonade!
Nielsen data reveal that fruit juice value sales grew by 11.2% in January-November 2022, but volume sales decreased by 6.6%. The like-for-like sales drop was even bigger in the last...
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An overview of the eating habits of Hungarians
Nestlé Hungária has conducted a representative survey on what Hungarians think about healthy eating and what their meat consumption habits are like. It turned out that the majority would never...
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Hungarian-owned retail chains: adjustment period after the 54% inflation
Many of us thought that we would be able to take a breather post pandemic, however, the 54% retail inflation in Hungary has proved us wrong. So, what is fuelling...
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Retailers in the metaverse
Deloitte’s experts have studied what can influence the expansion of retail trade in the metaverse. At the moment there are several factors that hinder the large-scale use of the metaverse,...
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Cleanness in large portions
Sales grew in the cleaning product category in 2022, but this growth was driven by the higher product prices. Also because of the price increase, there has been a small...
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Visa: five payment trends to look out for in 2023
1. We will spend more on travelling: passenger turnover strengthened in 2022, and this trend is expected to continue in 2023. 2. More conscious consumers, more sustainable shopping: in another...
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There will always be buyers for quality pálinka
Károly Gerendai, METRO’s wine expert: “Pálinka is a cult spirit and it isn’t simply a drink that is made in Hungary, but a Hungaricum product. This also means that there...
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EY: the tax office is capable of more and more targeted tax audits
The National Tax and Customs Administration (NAV) is capable of more and more targeted inspections with its automated processes that utilize artificial intelligence and its database supplemented with international sources...
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KSH: The volume of food exports decreased by 7.9 percent, while the volume of imports increased by 5.5 percent
In December, the product foreign trade deficit was 168 million euros, compared to November, the adjusted volume of exports increased by 0.6 percent, while that of imports decreased by 5.0...
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Gergely Gulyás: the international recognition of Hungarian wine must be increased
The international recognition of Hungarian wine needs to be increased, and this will be helped by the upcoming Hungarian Wine Marketing Strategy – explained the minister in charge of the...
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The brandy tasting campaign launched at the airport is the agricultural marketing center
The Agricultural Marketing Center has launched a one -month brandy campaign for foreigners in Hungary. Not only can he taste the Hungaricum at the Heinemann Duty Free Skycourt shop at...
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NAV checks: they will have to watch if they are in the crosshairs
The National Tax and Customs Administration (NAV) has published its audit plan for 2023. This year, the tax authority is paying special attention to electronic commerce, businesses dealing with dietary...
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The abolition of VAT on basic foodstuffs was again put on the table as a proposal
MSZP urges the reduction of the VAT on basic foodstuffs to zero percent. At his online press conference on Friday, Lajos Korózs, the vice-president of MSZP, emphasized that a radical...
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Food prices rose at an accelerating rate in February in Italy
In Italy, consumer prices rose by 9.2 percent year-on-year in February, after a 10 percent rise in January, the Italian statistics office, Istat, announced on Thursday based on preliminary data....
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Prices don’t hurt Túró Rudi brands
Chilled dairy snack makers were forced to increase prices, owing to the drastic growth in the price of milk. In the light of this, it isn’t surprising that Túró Rudi...
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Affordability, health, sustainability and comfort influence shopper decisions
Everyday life during the cost of living crisis In the middle of the cost of living crisis, the biggest fears of consumers are rising food prices and energy bills. According...
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Gloomy outlook for the maritime transport market
Spot rate indexes vary, but overall indicate that the US container shipping market is trending down again. Developed countries continue to struggle with the effects of galloping inflation and recession,...
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