Company and Personal News

IKEA introduced this product line 10 years ago

In 2014, he carried out the biggest selection change in IKEA’s history to date, when he switched from FAKTUM to the METOD product line overnight. The kitchen system responded to...

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Kroger was the most visited grocery store in the US in 2023

According to a summary report titled Grocery Sector in 2023 and made by retail data company Placer.ai, almost 19% of annual grocery store sales in 2023 were realised by Kroger...

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In 2024, Samsung won 75 iF Design Awards

Samsung won a total of 75 awards at the prestigious German and internationally recognized International Forum (iF) Design 2024 design competition. The company received two Gold Awards – the Samsung...

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Unilever launches first UK regenerative agriculture project with Colman’s

Unilever has unveiled its first regenerative agriculture project in the UK, working with farms that grow ingredients used in Colman’s products. The project will initially roll out across mustard and...

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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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Here you can register for the events of the Italian Island on SIRHA!

ITA- Italian Trade Agency participates at the SIRHA Budapest Trade Fair with 26 Italian co-exhibitors between 5-7th March. We are pleased to invite you to the Italian Island (Hungexpo, Pavilion...

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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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Let Easter be based on domestic ham

From a commercial point of view, Easter is one of the outstanding periods of the year, for which both manufacturers and commercial chains are preparing. Speaking of which, we cordially...

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The return machines in Aldi are available from now on

Starting this Friday, MOHU (Mol Waste Management Ltd.) recycling machines will operate in one hundred and seventy-two Aldi stores nationwide, allowing the collection of disposable PET, metal, and glass bottles...

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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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GKID: e-retailers operating from abroad pose a great challenge to Hungarian online stores

Customers spent more wisely last year and, due to the cheaper prices, noticeably more people order from foreign online stores, which poses a great challenge for domestic retailers – said...

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Does Kellogg’s CEO think the poor should only eat muesli for dinner?

“Muesli for dinner is currently very trendy, and we expect it to become even more popular in the future, as consumers are under pressure,” said Gary Pilnick, the CEO of...

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Borsodi is the official beer of the Hungarian football team

The Borsodi Brewery and the Hungarian Football Association signed a cooperation agreement. With the signing of the contract, Borsodi became the official beer of the football team. As a sign...

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The annual growth rate of the prices of food, tobacco and alcohol products slowed to 4 percent in February

Annual inflation in the euro area slowed down less than analysts expected in February, according to the preliminary data presented on Friday by Eurostat, the EU’s statistical office. In February,...

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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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A hypoallergenic meat product line has been developed by Nagykun-Hús Kft. in Kunhegyes and the University of Szeged

By using milk powder produced from goat’s milk, a hypoallergenic meat product line and its production technology have been developed by the fully Hungarian-owned Nagykun-Hús Húsipari és Kereskedelmi Kft. in...

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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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Digital solutions are coming in the construction industry as well

According to the forecasts, this year will not be an easy year for construction companies either, in the narrowing market, the solution may be to “escape ahead”. This is where...

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Real Estate Awards: HelloParks Páty PT1 is the commercial development of the year

HelloParks Páty PT1 became the commercial development of the year at the Real Estate Awards. In the prestigious domestic competition of the real estate market, the profession recognizes the most...

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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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