Events
Żabka Group Receives Approval For DRIM Daniel Distributie Takeover
Poland’s Żabka Group has received approval from the Romanian National Authority for Consumer Protection (ANPC) to acquire a majority stake in DRIM Daniel Distributie. The approval follows on from the...
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Lidl’s international expansion stutters
Lidl has put the brakes on its international expansion. Selected investments in Poland and Spain to close the gap to market leaders. In the 2023/2024 financial year, which ended at...
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Domestic shepherds are preparing for a busy Easter period
This year’s Easter season starts with favorable prospects for domestic sheep breeders. The European market is seeing a growing demand, which is further increased by the Muslim Ramadan holiday, which...
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Carrefour, Glovo Launch 30-Minute Grocery Delivery Service In Italy
Carrefour Italia and Glovo have joined forces to launch a quick-commerce service, Carrefour Sprint, offering 30-minute grocery deliveries in Italy. Operated by Glovo, the first Carrefour Sprint urban dark store...
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France issues new decree to ban plant-based meat descriptors
The French government is making another attempt to ban French manufacturers from using meat-related descriptors for plant-based foods. Manufacturers of plant-based meat alternatives in countries outside of France would not be...
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Goose and duck slaughter increased in 2023
Domestic slaughterhouses produced nearly 420,000 tons of pork, around 515,000 tons of poultry and 23,000 tons of beef in 2023 (carved weight, slaughtered and cleaned weight for poultry). In terms...
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Trade magazine is also waiting for you at the SIRHA Budapest exhibition!
In the following video recommendation, we can hear about numerous activities in connection with the biannual SIRHA Budapest trade show. Come on March 5-7. to the HUNGEXPO Exhibition Center! You...
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What needs influence the shopping decisions of consumers?
Euromonitor International’s 2024 forecast highlights that consumer preferences are closely linked to sustainability, technological developments and socio-political impacts. This article is available for reading in Trade magazin 2024/2-3 In this...
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Free in-store cash withdrawals: a government idea that did not find understanding ears
Eight months ago, the government introduced the proposal that it should be possible to withdraw cash in stores even for minimal purchases. According to the idea, this would help people...
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Anyone can view the database of reduced packages
The National Food Chain Safety Office (Nébih) has launched a new, easily accessible database in which product shrinkage measured between January 1, 2020 and July 1, 2023 is presented. A...
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NGM: mandatory information on reduced packaging in stores begins
Mandatory information on reduced packaging in stores will start on Friday – the Ministry of National Economy (NGM) drew attention in its statement on Friday. The government successfully suppressed inflation....
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Fruits can be very expensive because of the early spring
According to the Pénzcentrum article, the early spring and unusually mild weather are causing concern among fruit growers and wineries. According to meteorological data, heat records were broken in Hungary...
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KSH: The volume of exports of food, beverages and tobacco is 5.0 percent higher than that of imports
In December 2023, the volume of exports decreased by 8.4 percent and that of imports by 0.8 percent compared to the same period of the previous year. The foreign trade...
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Bananas and cocaine: the interesting connection between drug trade and fruit prices
The price of the banana seems resistant to inflation, especially when compared to other fruits. However, beneath this seemingly stable price, there are signs pointing to the possible involvement of...
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Nébih: Out of 21 chocolate-flavored protein powders, 20 products did not meet the labeling requirements
20 products out of 21 chocolate-flavored protein powders did not fully meet the labeling requirements, there were also problems with the protein, amino acid and sweetener content, as well as...
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Many online stores are looking for loopholes in terms of delivery
Domestic online stores must adapt to a new rule within one month, according to which it becomes mandatory to offer Magyar Posta as a delivery option. However, some of the...
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Healthy products are the most sought after in the cereal market
Among cereal flakes, healthy products are the most sought-after according to the overview of the National Chamber of Agricultural Economy (NAK), which also reveals that the composition of cereal flakes...
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The first Hungarian competition law came into force 100 years ago
A century ago, in 1924, Article V of the 1923 Law on Unfair Competition entered into force. On the occasion of the jubilee anniversary, the Economic Competition Authority and the...
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MLBKT: the purchasing manager index strengthened in February
The seasonally adjusted February value of the purchasing manager index (BMI) improved to 52.2 points from the value of 50.1 points in January; in February, the respondents reported a moderate...
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K&H: more than 50 percent increase in investments
The assets of K&H’s private banking clients in investment funds increased significantly, by more than 50 percent, to HUF 737 billion between January 2023 and 2024, the financial institution announced....
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Nestlé invests in Spanish condensed milk factory
Nestlé Spain has invested EUR 300,000 to renovate and expand its condensed milk plant in Pontecesures, Galicia. The project included the refurbishment of the production plant and the enlargement of...
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Academy of Nutrition: microalgae are needed in nutrition
Microalgae are microscopic unicellular or multicellular algae found in many habitats, such as marine and freshwater environments, as well as in soil, even under ice, and in other microbial communities....
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A shot glass full of uncertainty
This article is available for reading in Trade magazin 2024/2-3 “The domestic pálinka market is difficult to estimate because we don’t know the level of home distilling, but it can...
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Subsidies and opportunities in agriculture
The new support system will continue to help farmers adapt to the changed market and production conditions – declared Dr. Márton Nobilis, State Secretary of the Ministry of Agriculture, at...
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The countryside is the soul of Hungary
Before 2010, we have changed from a country that mainly produced raw materials to a country with an agriculture that uses precision farming and digitalization and produces healthy, safe, high-quality...
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REWE tests digital shopping trolleys in Germany
Partnered with Israeli technology company Catch, REWE’s digital R&D department is to test a digital shopping trolley in Cologne over the next four months. Tablets on shopping trolleys, which can...
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Watering will be easier this year as well
The government will fully exempt farmers from the fee for the provision of agricultural water through state-owned water facilities this year as well, Minister of Agriculture István Nagy announced on...
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Coca-Cola HBC Announces Proposed Acquisition Of BDS Vending
Coca-Cola HBC Ireland and Northern Ireland have announced an agreement to acquire BDS Vending Solutions. The proposed acquisition is part of Coca-Cola HBC’s strategy to enhance its route-to-market capabilities. BDS...
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The Kiskunság National Park Administration has renovated the Izsák-Páhi native animal farm
The National Park Administration of Kiskunság spent more than HUF 400 million on the renovation of the Izsák-Páhi native livestock farm, as well as the purchase of equipment and machinery....
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The Jövő Store is opening again at the SIRHA Budapest exhibition! (Part 4)
Between March 5-7, the SIRHA Budapest exhibition awaits visitors at the Future Store Innovations stand organized by Trade Magazine, covering almost 800 square meters. Come and visit us, as we...
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