News and articles
Four Hungarian platinum medals at the Decanter World Wine Awards
This year, Hungarian wineries won four platinum and nine gold medals at the Decanter World Wine Awards (DWWA), one of the most prestigious wine competitions in the world. Held for...
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Erste Bank: credit demand for small and medium-sized businesses may fall
Demand for credit from small and medium-sized enterprises (SMEs) may fall significantly in the third quarter, Erste Bank told MTI on Wednesday. The financial institution’s SME business performed outstandingly in...
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MNB: the number of card purchases has increased fivefold in ten years
The payment system has undergone tremendous development in the last ten years: for example, the number of POS terminals in operation tripled to 240,000 last year and the number of...
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Survey: The wage demand of Hungarian career starters increased by 29 percent
The average net wage demand of Hungarian career starters was 322,000 HUF, wich is an increase of 29 percent compared to last year, the Zyntern.com job portal told MTI on...
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Factoring providers achieved a 22 percent increase in turnover last year
Factoring service providers achieved a 22 percent increase in turnover in 2021, the Hungarian Factoring Association told MTI on Wednesday. It is explained that the estimated total value of receivables...
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Euro area GDP grew faster than previously estimated
On a quarterly basis, euro area gross domestic product grew at a higher rate than in the preliminary estimate and in the previous quarter, according to a report by Eurostat,...
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The Spanish government would take action against food waste
The Spanish government would legislate against food waste, obliging all actors in the food chain to use and recycle the remaining raw materials and products. Agriculture Minister Luis Planas called...
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The domestic Z generation can also join the fight against counterfeiting
In Hungary, the younger age group mostly buys counterfeits, according to Tárki’s representative research of 2021. And more than half of young Europeans aged 15-24 (52 per cent) said they...
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Helix: New employer approaches are needed globally
The power-centric, past practice of employers has suffered many shocks in the last few years, and the usual system has become essentially unsustainable in the current circumstances, said György Dudás,...
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(HU) Asztal, amitől tátva marad a cateringes szája – A nap videója
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Hungarian young people still buy counterfeit products and consume pirated contents
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(HU) A kávéhoz leginkább illő bögre – A nap képe
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New rules for indicating consumer reviews
On 28 May 2022 new consumer protection rules will become effective in the European Union. The topic of this article is one section of these: the rules for posting consumer...
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First-hand information from market researchers
Nearly 100 participants registered for the online Trade Marketing Club meeting on 7 April. DigInStore TrafikTV sponsored the event, so participants had to pay no fee to discuss the changes...
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Aluminium cans are valuable
Aluminium is one of the most valued recyclable materials, and by recycling it 95% of the energy used in manufacturing new aluminium can be saved. In Hungary more than 1...
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Hungarians sense an inflation rate twice as big as the reported level
According to the official data, consumer prices elevated 9.5% in April 2022 if compared with last April. However, a representative GKI survey (1,000 households) has found that consumer perception is...
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Nutrition labelling: Past, present and future
A research project is about to be launched, with the purpose of learning what shoppers know about the nutrition labelling of food products. At the end of April TÉT Platform...
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“Inno d’Or – Innovation of the Year” awards presented
Trade magazine presented the “Inno d’Or – Innovation of the Year” awards to the winners in Hungexpo’s new Congress Centre on 26 May. Managing director and editor-in-chief Zsuzsanna Hermann welcomed...
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Tobacco shops are the new king of a few FMCG categories
In 2021 FMCG product sales generated HUF 158bn for tobacco shops, and this made this channel the 10th biggest “retail chain” in Hungary. FMCG sales were up HUF 23bn in...
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Digital revolution – retail trends in 2022
Last year retailers finally understood: a strong digital presence is fundamental if they want to be successful. In 2022 they needed to go one step further, as this year special...
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Cooperation for more ethical dietary supplement advertisements
The Hungarian Association of Dietary Supplement Manufacturers and Distributors (MÉKISZ) has signed a cooperation agreement with the Self-regulatory Advertising Board (ÖRT). In accordance with this, in the future ÖRT will conduct...
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Carbon neutrality certification for BAT’s nicotine pouch factory in Pécs
BAT Pécsi Dohánygyár Kft.’s nicotine pouch factory has been granted a carbon neutrality certification in Scope 1&2, for preventing or offsetting the emission of 1,220 tonnes of CO2. The factory...
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AKI monitors prices in ever more places
The market price information system (PÁIR) of the Institute of Agricultural Economics (AKI) also monitors the consumer prices of food products. Recently this data collection has been expanded to 10...
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Used clothes in another six Auchan stores
In March Acuhan started selling high quality, carefully selected and disinfected used clothes under the Új Élet by Auchan banner. Recently six stores – in Budakalász, Óbuda, Fót, Szolnok, Miskolc and...
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New Fuzetea flavours
Fuzetea is launching its first global creative platform. The international campaign’s main theme is the fusion of differences. Two new products from the brand celebrate the start of the campaign:...
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From May paper-based bags for bakery items in SPAR stores
As of 19 May SPAR banned the use of plastic-only bags for bakery items in stores, and switched to bags made mostly of paper. These paper bags – on which...
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MATE and PENNY working for food innovations
The Hungarian University of Agriculture and Life Sciences (MATE) has signed a cooperation agreement with retail chain PENNY. Their objective is to prepare food engineer students for the expectations of...
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SPAR’s big drop in plastic use
Approximately 13.5 tonnes less plastic will be used in the Regnum meat processing plant for tray-packaged products in 2022. Thanks to using new packaging technology, SPAR’s new meat trays for...
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Guidebook published
After eight months of constructive dialogue, the guidebook for analysing double standards in food quality has been published. The National Food Chain Safety Office (Nébih) has made sure that the...
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