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Ricola to take over Hero Group production plant

The cough drops maker said it plans to create up to 40 jobs in Lenzburg. Herbal sweets maker Ricola Group has acquired a production plant in Switzerland from Hero Group....

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7-Eleven Philippines teams up with Pokémon for merch and in-store experience

7-Eleven Philippines has partnered with Japanese gaming and character franchise Pokémon to introduce special merchandise and themed stores, aiming to build a sense of community among its customers. Pokémon –...

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DIA To Invest €200m In Meat From Spanish Suppliers In 2024

DIA will purchase meat worth €200 million from Spanish suppliers in 2024 as part of its commitment to focus on regional livestock. The initiative is part of DIA’s commitment to...

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Aldi Suisse cuts back on non-food

Aldi in Switzerland introduces major adaptations to its store layout. The discounter reduces the floor area of non-food promotions due to falling demand. In return, Aldi allocates more space for...

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Arabica coffee in the shadow of climate change – the future of production is in dange

Arabica coffee is the world’s second most valuable commodity after oil, and more than 120 million people depend on its cultivation for their livelihoods. Global demand is growing every year,...

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The situation of game meat in Hungary: it is healthy, but we hardly eat it

Game meat is a rarity in everyday meals in Hungary, even though the country’s annual turnover is close to 800 tons. Despite this, the Hungarian population consumes only 30-40 dekagrams...

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AM: two hundred billion forints are available for agricultural and food industry developments

From September 17, businesses can apply for two new calls worth a total of 200 billion forints: 150 billion forints are available for supporting the complex development of processing plants,...

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Price sensitivity of vegetable consumption: new trends among Hungarian consumers

In the midst of the inflationary crisis, Hungarian customers pay more and more attention to the price and quantity of vegetables and fruits, which is why promotions continue to play...

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The war situation in Ukraine affects the food supply of the entire Earth

Almost 140,000 square kilometers of land have been demined in Ukraine, which is larger than the whole of Great Britain. The elimination of minefields not only hinders the reconstruction of...

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Brexit – Study: British trade with the EU fell sharply

The value of bilateral trade between the European Union and Great Britain has fallen sharply since the termination of British EU membership (Brexit), according to a comprehensive study presented on...

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AI is already knocking on the kitchen door

The new generation of Samsung household appliances can redefine the concept of kitchen with the help of AI. This article is available for reading in Trade magazin 2024/8-9 Thanks to...

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EU regulation on artificial intelligence published in July

On 12 July the EU’s AI Act was published, which is the world’s first truly comprehensive, sector-neutral legislation on artificial intelligence technology. This article is available for reading in Trade...

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SME development: the corporate use of artificial intelligence must be encouraged

The government’s priority goal is to improve the competitiveness of domestic SMEs, and for this the corporate use of artificial intelligence (AI) must be encouraged – said the Minister of...

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Rice may become more expensive

The Government of India has considered easing export restrictions on non-basmati rice and other agricultural products to ease the plight of distressed producers and traders. The country’s economy relies heavily...

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Dimensional change in banking: AI-based banks are coming

The next major transformation of the banking sector can be brought about by generative and agentic artificial intelligence (AI) technologies, emphasized Éva Hegedüs, President and CEO of Gránit Bank, at...

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Good wheat harvest this year

In its July forecast, the International Grains Council (IGC) predicts a global wheat crop of 801 million tonnes for the 2024-2025 financial year, up 1% vs. the previous season. This...

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Molson Coors to Bring Australian NA Cocktail Brand to U.S.

Molson Coors announced a strategic partnership with Naked Life, a non-alcoholic ready-to-drink (RTD) cocktail company in Australia, to bring its products to the U.S. market in 2025. With strong growth...

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Hungarian communication associations develop an AI code of standards

A new industry code of standards is being developed to ensure ethical and transparent regulation of the use of artificial intelligence (AI) by the Hungarian communications industry. The rapid development...

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Lidl Italia Expands in Sardinia with New Logistics Centre

Lidl Italia has opened its first logistics centre in Sardinia and its twelfth overall in Italy, investing €70 million in the project. The opening of the logistics centre, which is...

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Diageo sells Pampero Rum to Gruppo Montenegro

Italian spirits and food company Gruppo Montenegro has expanded its portfolio with the acquisition of Pampero rum from Diageo. Pampero is one of the leading Venezuelan rum brands with an...

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Pennsylvania legalises RTD sales at grocery stores

As of this week, sales of canned cocktails are now legal at grocery stores and gas stations in the US state of Pennsylvania. The bill was signed into law by...

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New EU Regulation Targets Deforestation-Free Supply Chains

The European Union (EU) is set to implement a significant new regulation aimed at combating deforestation and forest degradation globally. The European Union Deforestation Regulation (EUDR), which will come into...

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Tech and track: the driving forces of FMCG dynamics

Several factors influence the Hungarian tracking market, such as technological development, for instance the spread of 4G and 5G, and the rise of Internet of Things (IoT) devices. This article...

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SPAR helps small farmers with AI-based app

SPAR Magyarország has further expanded its small producer partner programme: through the Regional Treasures initiative more than 600 new Hungarian products are now available in stores. This article is available...

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K&H and the University of Szeged enter into partnership

A research cooperation agreement signed in June between the University of Szeged and K&H Group seeks to better understand how natural human speech works. This article is available for reading...

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Two hundred billion forints are available for agricultural and food industry developments

From September 17, businesses can apply for two new calls for a total of HUF 200 billion: HUF 150 billion is available for supporting the complex development of processing plants,...

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Does returnable drink packaging strengthen the drive for sustainability?

Gradual climate change is causing social, cultural and economic changes in our daily lives that are constantly shaping our consumption. One of these new domestic regulations that consumers are already experiencing...

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Caution against fraudsters is not enough, more is needed

The appearance of artificial intelligence in the toolbox of financial fraudsters has led to the fact that laymen can no longer trust what they see or hear, because it may...

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Albertsons adds rapid home delivery and pick-up via Instacart

Albertsons Companies, Inc. is expanding its relationship with Instacart and introduces Instacart pick-up services and Albertsons Rapid convenience delivery nationwide. The new services will be available at Albertsons stores and...

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Flood management: the disaster map is also available with us

In the Czech Republic these days, the flood situation is very similar to that in our country: there are places where intensive protection is already required, while in other places...

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