Other
Wild West conditions in business life: new aspects appear in company valuation
The skyrocketing electricity, gas and oil prices, more expensive loans, inflationary shock, the EU requirement of a uniform energy policy and price cap, the uncertainties related to national regulations –...
Read more
Tesco to open three new checkout-free GetGo stores
Tesco will expand its checkout-free GetGo stores trial with three new shops that will adopt a hybrid model, giving customers the option to use an attended till as well in...
Read more
Tesco cooperates with leading toothpaste brands to save cardboard
Tesco has teamed up with brands such as Colgate, Oral B, Sensodyne, Aquafresh and Corsadyl to remove the outer cardboard box from toothpastes. The test period started at the end...
Read more
“Planet-proof” cheese from FrieslandCampina
Dairy cooperative FrieslandCampina has come out with its first “planet-proof” cheese, a North Holland variety, at the Alkmaar cheese market. FrieslandCampina member dairy farmers are taking steps – in the...
Read more
Cashless payment for Coca-Cola HBC Magyarország partners
As the result of banking and fintech cooperation, in the Coca-Cola HBC group the Hungarian subsidiary is the first where partners can pay by instant transfer. This step makes payment...
Read more
Online shopping: growing parcel locker use
According to the results of this year’s second Foxpost Box Index (FBI) survey, the 14% popularity rating of parcel lockers of 2020 climbed to 27% by now. In cities with...
Read more
Flavour renewal at XIXO
This autumn XIXO Orange and XIXO Lemon switched to new packaging and new recipes. After the great success of the XIXO Tutti Fruity cans with the pixel design, the two...
Read more
Hungarians are open to trying meat alternatives
A representative online survey conducted by Pápai Hús Kft. in September 2022 revealed: every fifth person follows some kind of diet in Hungary, 16% of them say they are vegetarian...
Read more
Márton Nagy: the price cap will apply to foods that are over 40 percent more expensive and can also be produced at home
According to Márton Nagy, the recession must be avoided and inflation suppressed, which is the current basis of Hungarian economic policy. The Minister of Economic Development spoke in the InfoRádió...
Read more
In Hungary, basic food items have become the most expensive in Europe: this may be the reason
There is no question that inflation is the highest in Hungary, due to the drastic increase in food and energy prices – Dóra Erdélyi, senior analyst of the Oeconomus Economic...
Read more
According to analysts, October also brought a brutal food price shock
In October, the annual price increase could reach 21 percent, and the food price shock is not over yet. The last time inflation of this magnitude was measured in October...
Read more
The government promises an undisturbed food supply, and small shops are also being taken care of, they say
The Ministry of Agriculture has always had a great responsibility for what goes on the shelves of the stores, since the ministry’s competence really extends from the farmland to the...
Read more
MARS WRIGLEY modifies business policy in Europe
One of the biggest confectionery manufactures in the world has announced: from 2023 100% of the cocoa purchased for its direct factory operations in Europe will be verified as responsibly...
Read more
P&G launches environmental protection themed educational programme
Procter&Gamble has launched an educational programme for primary school students in Hungary, titled ECO-habits. P&G provides schools with free educational material about environmental protection, which focus on three key areas:...
Read more
PENNY reacts to the energy crisis
PENNY’s owner REWE Group has pledged to cut its CO2 emission by 30% until 2030, and to go full carbon neutral by 2040. Meanwhile in Hungary the discounter installed glass...
Read more
HELLo Alu!
HELL group implemented a special aluminium can collection campaign. In October three Budapest tram stops turned into special can collection points for a month, where a LED counter was showing...
Read more
New vehicles in Trans-Sped’s fleet
Trans-Sped Kft. doesn’t only concentrate on upgrading its fleet, but also on improving logistics processes and operating efficiency. Transport director Csaba Tóth told: they don’t forget about the human factor...
Read more
Refill stations in dm stores
Following a 2-year test period in the Budaörs dm and regular feedback from customers, 8 more refill points were created in the Budapest region in August 2022. In October another...
Read more
Hydrogen fuel to be made from used nappies
According to data from the European Commission, only 48% of the 225.7 million tonnes of waste generated in the European Union is recycled. Veszprém-based firm Horge Technologies has developed groundbreaking...
Read more
Small steps for a sustainable world
On 4 October the Canadian Chamber of Commerce in Hungary hosted the international Food and Water Sustainability Business Forum in Budapest. The event took place on the roof terrace of...
Read more
Bread and dairy product prices increased the most in September
Data by the Central Statistical Office (KSH) reveal: consumer prices elevated by 20.1% in August 2022, in comparison with August 2021. In one month prices became 4.1% higher on average....
Read more
FMCG retail: minus 2.4% in August
The Central Statistical Office (KSH) has reported: like-for-like retail volume sales were up 3.3% in August 2022; adjusted for calendar effects, the sales growth was 2.4%. However, sales of grocery...
Read more
Baked goods end up in the bin the most often
16 October was World Food Day, and HonestFood celebrated this by conducting a representative survey. The study revealed that 59% of Hungarians throw food away, and 23% waste quite...
Read more
Climate technology investments have increased fiftyfold in Central and Eastern Europe in the last 8 years
Climate technology as an emerging asset class is showing strong growth worldwide, but Central and Eastern Europe has attracted less than one percent of global investment. Between 2013 and the...
Read more
SPAR and Munch are working together to reduce food waste
Customers of the domestic chain can also help to ensure that as little food ends up in the trash as possible: SPAR works with the Munch online platform to reduce...
Read more
Mushrooms are healthy both baked and boiled, but we still eat very little of them
The oyster mushroom, which can be prepared in a variety of ways, is not only delicious, but also extremely healthy due to its high fiber and protein content – draws...
Read more
Lidl tests cheaper, on-shelf smart refill stations
In the United Kingdom Lidl is testing on-shelf smart refill stations for laundry detergent, cutting down on plastic and saving customers 20p per purchase. Installed on shelves in the store’s...
Read more
The global food price index remained stable in October
The index of international food prices remained largely stable in October, after rising grain prices were offset by lower prices of other crops, the Food and Agriculture Organization of the...
Read more
Farmers may receive more state land
The next phase of the sale of state lands under 10 hectares has begun. This time, offers can be made mainly for forest, orchard, vineyard and wooded areas, as well...
Read more
End-of-year urges
Probably the end of the year will see two different urges of consumes fighting with each other: the one that demanded and got more from wieners and frankfurters in the...
Read more