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Consumer sentiment in the United States deteriorated in May
In the United States, consumer sentiment deteriorated more significantly in May than previously reported. According to the final data from the University of Michigan’s monthly survey released on Friday, the...
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Mario Draghi discussed the grain crisis with the Ukrainian president
Italian Prime Minister Mario Draghi spoke to Ukrainian President Volodymyr Zelensky about the possibility of resuming grain shipments accumulated in Ukrainian ports a day after consulting the same with the...
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The Croatian economy grew by 7 percent in the first quarter
The performance of the Croatian economy grew by 7 percent in the first quarter compared to the same period last year, the Croatian Statistical Office (DZS) said on Friday, according...
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Beiersdorf opens innovation hub in the United States
After Shangahi, skin care company Beiersdorf has opened a second innovation hub in New Jersey, as part of its global R&D strategy. Thanks to new innovation centre, Beiersdorf can gain...
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Agricultural purchase prices have increased enormously
In March, the increase in agricultural purchase prices gained momentum, they were 37.4 percent higher than a year earlier, which is 12.5 percentage points more than February’s 24.9 percent. In...
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Denmark’s Dagrofa Group to expand its network
Dagrofa Group will invest DKK 450m over the next three years in three of its retail chains, including SPAR Denmark. The development of a new retailer model forms part of...
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Again, SMEs are planning to invest more restrainedly
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Co-op Introduces New Food-To-Go Products, Reduces Packaging
British convenience retailer Co-op has re-launched its food-to-go range for summer, introducing new products and reducing packaging. Products to be added include Thai Bang Bang noodle salad, chicken Katsu Bento...
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SPAR Netherlands To Double Number Of Outlets By 2025
SPAR Netherlands is aiming to expand its presence in the country, with plans to more than double its number of stores – from 455 to 1,000 – over the next...
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Carrefour and Everli roll out services in ten French cities
French shoppers can now buy groceries from Carrefour hypermarkets and supermarkets through the Everli online platform in 10 cities. In the Carrefour-Everli partnership, the retailer offers up to 25,000 products...
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Denmark’s Netto Introduces ‘Digital Shopping Cart’
Danish retailer Netto has introduced a new digital checkout system that recognises and registers goods during a shopper’s trip to the store, with payment being made through the retailer’s Scan...
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Domestic and European vegetables and fruits are not “contaminated”
The National Chamber of Agriculture (NAK) and the FruitVeB Hungarian Fruit and Vegetable Interprofessional Organization were shocked to read articles published in several Hungarian press media stating that European and...
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The 1080p Advertising and Media Agency continues to operate under the name People Group
The 1080p Solution Agency was founded in 2014 by the HD Group, then headed by Zsolt Urbán, and Dynamo Budapest, which can be connected to Tamás Kádár and Balázs Dévényi,...
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Pink Lady® apple creator dies at age 95
The legend behind the the Pink Lady® apple, John Cripps has passed away in Australia where he released his apple formula to the market 30 years ago. Cripps daughter Helen...
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Magazine: Focusing on the comfort and safety of babies
NielsenIQ data reveals that volume sales were only up 1.3% in the diaper category in 2021. Gréta Tölgyesi, Essity Hungary Kft.’s senior brand manager: “As for the 7% increase in...
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The winners have received their “Inno d’Or – Innovation of the Year 2022” awards
Last year Trade magazin first organised the competition with the goal of rewarding value-creating innovations, which satisfy relevant consumer needs, fit into existing trends or have been inspired by actual...
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Special taxes are coming again
Minister of Economic Development Gulyás Gergely and Nagy Márton also gave details of special taxes at the government information on Thursday. Adherence to budgetary plans will require a significant...
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Sure points in uncertainty
Possible responses to changes in the economic environment were discussed at the Business Dinner professional event on May 26th. Nearly 70 people, including several members of the Chain Bridge Club,...
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KSH: almost 4.7 million employees in Hungary
In April, the average number of employees aged 15-74 was 4 million 688 thousand, compared to 4 million 684 thousand in the three-month period February-April, 109 thousand more than a...
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KSH’s Population Monitor survey begins
The Central Statistical Office’s (KSH) Population Monitor survey on residence and studies begins today; 9,500 people selected to participate have already been notified. The survey, which runs until July 10,...
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Northeast Europe could become the continent’s pantry, according to a study
Northeastern Europe could become the continent’s food pantry, as the region is less tolerant of cereals due to climate change, the Corvinus University of Budapest said in a statement to...
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GfK’s German consumer sentiment index improved minimally
The German consumer sentiment index of the GfK market research institute improved minimally after falling to a historic low due to the effects of the Russian invasion of Ukraine. The...
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Thus, the increase in energy prices affects the logistics market
Rising energy costs are affecting many sectors as large increases in gas and electricity are observed. Logistics is one of the industries where most of the energy is used for...
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Tender resources and fast payback spin the ERP market
In recent years, the penetration of enterprise resource planning (ERP) systems in Hungary has significantly expanded, and at the same time, solutions are becoming available to smaller and smaller companies....
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Increasing labor migration, 43% of workers would be willing to resign within a year
Four out of ten employees would resign within a year, most of them switching to a higher-paying job, according to an international survey by EY involving more than 1,500 employers...
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Nestlé Health Science to get majority share in protein powder maker Orgain
Nestlé Health Science is to buy a majority share in plant-based protein powder maker Orgain. Founder Dr Andrew Abraham and Butterfly Equity will continue to have minority shares in the...
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Magazine: Will this year’s barbecue season go up in smoke?
Jens Hillebrand, managing director of Trade Group Europe Kft.: “During the pandemic there was an upturn in the grill product market, but we are pessimistic about this year’s season: growing...
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Analysts: wage outflows have accelerated further
Wage growth accelerated in March, and businesses are also trying to retain the workforce with non-regular payments and bonuses. Analysts told MTI that consumption, fueled by rising real wages, will...
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AM: The new national aquaculture strategic plan will be adopted soon
The new National Aquaculture Strategic Plan, which aims to develop small-scale fisheries, will be adopted soon, the Deputy Secretary of State of the Ministry of Agriculture said at the 46th....
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Eastern EU Member States are hit hardest by rising food prices
The eastern member states of the European Union are hit hardest by rising food prices, the German Federal Statistical Office (Destatis) said in an analysis on Wednesday. According to...
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