Events

István Nagy: the starting point of Hungarian agriculture is quality production

In the ever-stronger international competition, the starting point of Hungarian agriculture can be the increase of added value and the level of processing, the production of high-quality food, said István...

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Lidl to increase plant-based product sales in Belgium by cutting prices

From 15 May Lidl permanently reduces the prices of its plant-based milk and meat alternatives to bring them in line with animal products. Plus the share of plant-based protein sources...

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Regional expansion can ensure the future of Hungarian melon cultivation, according to experts

After the successful technology and variety change, regional expansion can ensure the future of Hungarian melon cultivation – said the leaders of the producers’ interest representatives at the National Chamber...

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Coffee blends made with AI in Finland

An artisan roastery in the Finnish capital has launched a coffee blend developed using AI. This article is available for reading in Trade magazin 2024/6-7 The company hopes the technology...

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OTP: the arable land market contracted last year as well

The arable land market narrowed further in 2023: in 29 percent fewer transactions, 3 percent less arable land changed hands than a year earlier – according to the latest OTP...

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Plant-based investor Ahimsa Companies eyes more deals

The US investor has recently acquired plant-based ready-meals business Wicked Kitchen. US plant-based investor Ahimsa Companies is in talks with a clutch of brands to add to its portfolio. Ahimsa...

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K&H: be careful with your bank card even during vacation

Extra caution is also justified during vacations, whether it is a beach holiday or a foreign sporting event such as the European football championship or the Paris Olympics. In addition,...

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Nestlé Launches Air Fryer-Friendly Products To Meet Growing Demand

Food giant Nestlé has developed a range of products suitable for the air fryer, responding to the appliance’s soaring popularity among consumers across the globe. The United States witnessed a...

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Primark Plans Three Stores in D.C. Region

Ireland-based clothing/home retailer Primark (Dublin) has unveiled plans to open its latest U.S. store at Tysons Corner Center in Tysons, Va., July 16. In addition, the company said it has...

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This year’s cherry harvest covers domestic needs

The cherry growers can have a good year because the weather has been favorable, so this year’s crop will surely cover domestic needs, said the state secretary of the Ministry...

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Fitch Ratings: stronger than previously expected global economic growth is expected this year

Stronger-than-expected world economic growth is likely for this year, according to the latest global forecast presented by Fitch Ratings on Monday, mainly due to the significant improvement in the outlook...

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Inflation – how consumers have adapted to constant changes

Andreas Christou, managing director of RetailZoom told at the Trade Marketing Club’s market research day: shoppers are no longer able or willing to spend more. This article is available for...

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EFSA: can the use of smoke flavors involve health risks, can several products disappear?

Based on a recent report by the European Food Safety Authority (EFSA), the European Commission has decided to withdraw artificial smoke flavors from the market, as they may pose significant...

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Pizza was the the most popular food prder at Wolt during the Hungarian-Swiss match

The Hungarian-Swiss EC match not only offered exciting moments on the football field, but also brought many interesting things in the field of virtual food ordering. Examining consumption habits during...

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Promotion of the Year awards presented at a trade conference

This year the “Promotion of the Year 2024” awards ceremony took place on 18 April, organised by Trade magazin and bringing together key players from the FMCG sector for the...

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Domestic melons arrive earlier this year

Hungarian melons hit the shelves first due to favorable weather. Thanks to the increase in the area, the amount that can be harvested will also increase this year: domestic producers...

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The turnover of the SZÉP card broke a record in May

In the month of May this year, the use of SZÉP cards reached an exceptionally high turnover, with transactions worth more than HUF 2.5 billion, which is the highest monthly...

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And by the first of July, honey-sweet domestic watermelons will be available in all Hungarian retail chains

Although in small quantities, Hungarian melons are already available in markets and greengrocers, and honey-sweet Hungarian watermelons will be available in all domestic chain stores by the first of July...

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Adobe: how consumers use generative AI

A new study from Adobe explores how consumers use generative AI to shop – and how they want to shop. This article is available for reading in Trade magazin 2024/6-7...

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Brazil’s coffee exports rose to record levels

Brazil’s coffee exports have reached new milestones in recent months, as May data shows. The country exported 4.4 million bags of coffee this month, which not only surpassed the previous...

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The market for weight loss products is still huge business

Over the years, the pharmaceutical industry has made many attempts to bring effective weight loss drugs to market, but these have often come with serious side effects and health risks....

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Ferrero Unveils Nutella Ice Cream For Summer

Italian confectionery giant Ferrero celebrated Nutella’s 60th anniversary in Paris with a sweet surprise: the launch of Nutella Ice Cream. The news was revealed by Alessandro Paleni, regional marketing manager...

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Ahold Delhaize reports improving performance from Belgium

Thanks to cost savings and an improving performance in Belgium, Ahold Delhaize had a strong first quarter, ending with higher profitability in Europe. With quarterly revenues of EUR 21.7bn and...

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Starbucks Teams Up With Food Delivery Platform Grubhub

Starbucks will partner with Grubhub to deliver coffees and other customised beverages in select US markets starting this month, in its latest attempt to widen its reach as inflation-hit customers...

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Aldi invests £90m in upgrading over 30 stores this summer

Aldi is set to refurbish over 30 UK stores this summer, marking an investment of £90m throughout 2024. Over 100 stores across the UK will get an upgrade to various...

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A Croatian district spends 3.5 million euros on sustainable tourism development

The Gola district in northern Croatia, located near the Hungarian border, is spending 3.5 million euros (1.3 billion forints) on sustainable tourism development, the local press announced on Monday. District...

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EY: The number of corporate abuses may also increase in Hungary due to the global economic slowdown

More and more domestic companies are consciously taking action against corruption within the organization. However, the slowdown of the world economy puts such financial pressure on managers and colleagues, which...

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Germany’s Biomarkt partners with AI app

In April Biomarkt Verbund, the association of independent health food stores started a nationwide cooperation with diet planning app Choosy. This article is available for reading in Trade magazin 2024/6-7...

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The evolution of the FMCG market through the NIQ lens

Shoppers across the continent, including Hungary, continue to save in every possible way, Csilla Czikora, head of consulting and analytic insights at NIQ told when presenting their market research data...

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K&H: how did middle-aged people’s incomes develop?

The development of incomes in the 30-59 age group shows a mixed picture. Based on the K&H secure future survey, 52 percent of the respondents reported an increase, almost 35...

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