News and articles
Food from the glass palace kitchen – Picture of the day
Eriko Kobayashi’s incredibly lifelike sculptures of fried eggs, bacon and gummy bears are made of the kind of material that people would not like to bite into: glass. The Seattle-based...
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GKI: Hungary has been in the EU for 20 years: how has the population’s consumption changed?
On May 1, 2004, ten new states joined the European Union, including Hungary. In our series of articles, we use one indicator to explore how the situation of our country...
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Boycott over the war in Gaza
Since the start of the Israel-Hamas war in October, US coffee chain Starbucks has appeared on several consumer boycott lists circulating on Egyptian social media. This article is available for...
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New McDonald’s uniform
McDonald’s has a new sustainability-related project: introducing a new eco-friendly uniform in its US restaurants. This article is available for reading in Trade magazin 2024/2-3 The new uniform is made...
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Artificial meat: the wheel keeps turning
Dutch organisation for cell-based food CANS has announced: Dutch companies can now submit applications for the tasting of cultured meat and fish, before the European Commission approves them at EU...
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Ten million hot dogs
There are many arguments suggesting petrol stations can be a serious competitor to certain segments of the hospitality industry. This article is available for reading in Trade magazin 2024/2-3 A...
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Restaurateur of the Year 2023
At the end of January, the presidency of the Guild of Hungarian Restaurateurs (MVI) announced the results of the voting on this year’s Restaurateur of the Year award. This article...
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Kraft Singles rolls out new sliced cheese flavours for the first time in nearly a decade
Kraft Singles is launching three new flavours of its popular cheese range – jalapeño, garlic and herb and caramelised onion – for the first time in nearly a decade. Previously...
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I Like It Fresh Vegetable Dip Snacks
I Like It Fresh Vegetable Dip Snacks are made using second-grade vegetables, by which we rescue valuable food ingredients. We exclusively use home-grown produce when Hungarian vegetables are in season....
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XIBU sanitary BIN
Hagleitner has added a new product to its XIBU dispenser line, the XIBU sanitary BIN. The hygienic waste bin offers a stable and discreet solution: there are no unpleasant odours,...
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Although their economic optimism has doubled, nearly half of CEOs say change is needed
According to the 27th Annual Global CEO Survey, recently published by PwC in Davos, CEOs’ expectations of an economic downturn have dropped to 45% from a record 73% in last...
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Joint Venture Association awards presented to the winner companies
On 3 February the Joint Venture Association (JVSZ) held the third edition of its prestigious “Companies for the Future Award” gala event, with nearly 300 business leaders in attendance. JVSZ...
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PwC paves the way for AI technology with Harvey
Harvey is built on OpenAI and ChatGPT technology and is backed by the OpenAI Startup Fund. The platform uses natural language processing, machine learning and data analytics to automate and...
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A successful year for the SPAR online store: already more than 200,000 users
The number of customers in SPAR’s online shop, which offers 13,000 products, has increased to more than 200,000 in five years. This article is available for reading in Trade magazin...
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Agri-businesses have high hopes for 2024
Agricultural businesses are once again positive about the future, according to the latest 4th quarter results of the K&H agriculture index. This article is available for reading in Trade magazin 2024/2-3...
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Only alternative, organic and free-range eggs sold in four SPAR stores
From the end of January 2024, on a trial basis four SPAR stores in Budapest sell only alternative, organic and free-range eggs, excluding cage eggs from the assortment. SPAR has...
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Recycling a type of waste that has been buried until now
Hamburger Recycling Hungary Kft. is putting special machinery into operation in Lőrinci. This article is available for reading in Trade magazin 2024/2-3 The technology makes it possible to recycle industrial...
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SPAR Magyarország switches to environmentally friendly containers
SPAR Magyarország is introducing a new type of reusable transport container in its fruit and vegetable departments in 2024. This article is available for reading in Trade magazin 2024/2-3 IFCO...
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BMI: moderate slowdown in January
In January the seasonally adjusted Purchasing Manager Index (BMI) stood at 49.9. This article is available for reading in Trade magazin 2024/2-3 Respondents reported a slowdown and a trend similar...
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GVH proposes a multilevel sustainability labelling system
Green advertising messages are often unclear and confusing, and a significant proportion of consumers aren’t aware of the exact content and meaning of certain claims and labels – these are...
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The solvency of Hungarians may slowly return to pre-war levels
In the last quarter of 2023 the solvency of Hungarians continued to increase, following the annual trend – according to research by Intrum and GKI. This article is available for...
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VOSZ Barometer: purchasing power drop shocked SMEs in 2023
According to data from the fourth quarter, the VOSZ Barometer Index (a survey commissioned by the National Association of Entrepreneurs and Employers (VOSZ) and conducted and by the Equilibrium Institute)...
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Innovation and inspiration
Promising a new level of collaboration and in-store experience, the Shop! MarketPlace trade show will take place on 9-11 April. This article is available for reading in Trade magazin 2024/2-3...
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New elements and top fines in GVH’s practice
Several competition law and consumer protection topics have been discussed at the business breakfast of Schönherr Hetényi Law Firm. This article is available for reading in Trade magazin 2024/2-3 Attorneys...
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Price Monitor now reports the daily prices in 78 product categories
In mid-January, the online Price Monitor system operated by the Hungarian Competition Authority (GVH) was extended to another 16 product categories. This means that consumers can now compare the daily...
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New lifestyle brand in Rossmann stores
From February the nutritional supplements of Vanessa Axente are available in Rossmann Magyarország stores. The internationally renowned Hungarian fashion model has entered the dietary supplement market with her lifestyle brand...
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New CEO at eMAG Magyarország
Kinga Daradics is the new CEO of eMAG Magyarország. Ms Daradics studied at Harvard Business School, Thunderbird Arizona, the University of Sheffield and Corvinus University. She was CEO of MOL...
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Seven out of ten Hungarians see fruit and vegetables as the key to a healthy diet
Consumers who pay special attention to following a healthy diet say they have become 5% more critical of red meat in a year, and there are almost no Hungarians who...
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The Association of European Retailers is waiting for a solution to the Red Sea crisis
The Association of European Retailers (Ecommerce), which unites the major store chains, called on the European Union to urgently solve the shipping crisis in the Red Sea, as it could...
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Plant-based milk drinks are missing from store shelves
The trend of plant-based foods that is spreading throughout Europe does not leave Hungary cold either, but surprisingly, not a single domestic manufacturer produces such products. The Agrárszektor asked Zombor...
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