Market News
Aldi US Plans Its First Store Near Times Square
Aldi is planning to open its first store in Central Manhattan near Times Square in 2026, marking a significant expansion into a high-footfall urban area, according to media reports. The...
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Shopify upgrades fulfillment capabilities
Ecommerce software provider Shopify has announced that it is upgrading its built-in fulfillment capabilities. It has new partnerships with multiple global carriers and offers more streamlined logistics workflows within its...
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Nespresso axes 200 UK jobs amid store shutdowns
Nespresso has cut more than 200 jobs in the UK as part of a wider restructuring that saw the coffee giant close 11 locations across the country in 2024. The...
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15 percent more new agricultural machinery sold in the first half
The agricultural machinery market is undergoing a significant transformation worldwide – and Hungary is no exception – which is also influenced by technological development, weather extremes, and changes in support...
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HUN-REN and the University of Singapore organize a conference on healthy living
The HUN-REN Hungarian Research Network and the National University of Singapore (NUS) will jointly organize the Healthy Living 2025 Symposium in Budapest from September 17-19. At the three-day event, researchers,...
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AM: the Ministry of Agriculture supports ornamental gardeners with several application opportunities
Ornamental gardeners make our world more livable, more beautiful and better with their work, and that is why the sector can count on government support – stated István Nagy, Minister...
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Agrometeorology: mostly dry, summery warm, sunny weather helps the harvest
The agricultural drought has ended in a large area in Transdanubia, and has eased in many places in the east, and in the future, mostly dry, summery warm, sunny weather...
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Margin freeze: prices of hundreds of products have decreased, the government may expand the scope
Speaking to M1, the Parliamentary State Secretary of the Ministry of Culture and Innovation, Róbert Zsigó, said that since the introduction of the margin cut, the prices of several food...
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Labour market trends in grocery retail
In the second half of last year 338,000 people were employed in retail trade in Hungary, according to a study commissioned by the National Trade Association (OKSZ) and conducted by...
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Changing meat market: more cattle and pigs, less poultry processed in the first half of 2025
In the first six months of 2025, 50.3 thousand cattle were slaughtered in Hungarian slaughterhouses, a 26.1 percent increase compared to the same period of the previous year, according to...
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Sustainability in the pressure of time
Sustainability is no longer just a moral issue, but an economic, social and environmental imperative. This article is available for reading in Trade magazin 2025/8-9. FAO, GREEN BRANDS and the...
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Rice: the category is waiting for prices to soften
Although domestic food inflation eased in 2024, rice prices kept rising in Hungary. This was mainly the result of price movements on the world market, as around 80-85% of the...
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NAK: The Facts for Taste campaign is starting a real change
Based on the experiences of the first two months, the Facts for Taste campaign is starting a real change, which focuses on the role of meat, dairy products and eggs...
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Strategic acquisition completed: Eisberg Hungary Kft. is now part of Green Factory
As part of a strategic acquisition, Poland-based Green Factory has bought the Hungarian and Romanian subsidiaries of Eisberg. Green Factory is one of the best-know food producers in the region,...
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Sustainable operations are no longer just the passion of large corporations
Sustainable development is not only the responsibility of companies and civil society organizations, but also of local leaders. Local governments are in a unique position, as they are able to...
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German retailer Lidl sets increasingly high animal welfare standards
In accordance with the rules for dairy products in Germany, which will be revised until the end of 2025, products such as cottage cheese, fresh cream, sour cream, cream cheese...
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Bejgli in the basket: exploring Hungarian Christmas traditions
In our representative online survey of 1,000 people, we sought to find out how Hungarians celebrate Christmas, what they spend the most on and when they start preparing for the...
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Model farm opens on Vatican estate to produce “papal” oil and wine
The red wine and olive oil produced on the Vatican estates of Castel Gandolfo, which is more than twenty hectares in size and will be inaugurated by Leo XIV, will...
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Interest-free working capital loan for micro and small businesses
The working capital loan program offered by the Hungarian Development Bank (MFB) primarily supports liquid operating costs and inventory purchases, and is available to micro and small enterprises operating in...
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Walmart recruits European marketplace sellers
Walmart is actively targeting potential sellers in the United Kingdom and continental Europe. The world’s largest retailer is trying to entice merchants to enter the U.S., Canadian, Mexican, and Chilean...
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Netto Marken-Discount Expands Retail Media Offering
German discounter Netto Marken-Discount is expanding its retail media offering by opening up its digital advertising space. The new offer includes screens in checkout areas and digital totems at store...
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Kraft Heinz to break up a decade after mega-merger
The ketchup and Lunchables giant will create one business for grocery staples and another for sauces, spreads and seasonings. Kraft Heinz is planning to split into two companies, reversing much...
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Australia improves grain harvest forecast
The Australian Department of Agriculture has upgraded its grain harvest forecast for this year after key growing regions received more than expected winter rainfall. The department’s website said the country’s...
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Demand for high-quality Hungarian lamb is growing abroad
Sheep farming is one of the most sustainable livestock farming sectors, and the stability of the sector is ensured by significant exports, as Hungarian sheep and lamb meat is increasingly...
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There are both positives and negatives in the new Hungarian certificate
Hungarian GDP grew by 0.1 percent in the second quarter of 2019 on an annual basis, according to raw data, and by 0.2 percent in seasonally and calendar-adjusted and balanced...
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Christmas 2025: we start earlier, spend consciously and choose using AI
Just like in last year, consumers remained cautious about spending in the first half of 2025 and tended to wait and see. This article is available for reading in Trade...
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KSH: In the second quarter of 2025, the economic performance exceeded the second quarter of 2024 by 0.2 percent
The volume of Hungary’s gross domestic product in the second quarter of 2025 exceeded the same period of the previous year by 0.1 percent according to raw data, and by...
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YouGov Brand Footprint 2025: the favourite FMCG brands of shoppers
YouGov Brand Footprint is one of the world’s most comprehensive FMCG brand rankings, measuring not awareness or likeability, but actual purchasing decisions. This article is available for reading in Trade...
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Consumer price inflation accelerated in the euro area in August
Annual inflation in the euro zone accelerated in August, as analysts had expected, according to preliminary data published by the European Union’s statistical office, Eurostat, on Tuesday. The annual inflation...
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Róbert Zsigó: food prices have become cheaper by nearly 20 percent on average due to margin reduction
According to the latest data, with the margin reduction, drugstore products have become cheaper by an average of 26.6 percent and food by 19.6 percent compared to the prices at...
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