Market News
Ministry of Agriculture: It is worth taking advantage of the possibility of proposals for development
The domestic food industry will have an unprecedented level of resources in the coming years, thanks to which serious developments await the sector. The possibility of tenders is worth taking...
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Dietary supplements and the law: Should we always believe what the ads say?
According to Dr Zsófia Bitai, managing partner of Bitai Law Firm, dietary supplements qualify as food products, which means that the regulations for making, labelling and advertising them are the...
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The financial situation of the population also favours discount chains
Over the past year, the epidemic has brought many changes to the lives of the Hungarian population, but the change in the financial situation has affected all areas. In its...
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Consumer spending is speeding up in Hungary
Households around the globe have accumulated $5.4 trillion in additional savings compared with 2019’s spending patterns, Moody’s has said. That equates to more than 6% of global gross domestic product....
Read moreWhat about a possible uniform minimum wage in the EU?
Austria and Hungary also see that, due to the differences between EU member states, it is not appropriate for Brussels to regulate the uniform minimum wage in the EU, it...
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Retailers now able to offer virtual visualization solutions in-store
Leading augmented reality (AR) and 3D creative platform Poplar Studio has partnered with Raydiant, the leading experience platform offering plug-and-play digital signage solutions, that enhance and transform the in-store experience...
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More and more containers full of goods end up in the sea
The number of cargo containers lost in the ocean and seas reached a seven-year record last year, according to the World Shipping Organization (WSC). From tyres to underwear to smartphones,...
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Rice smoothie
Ricely is a rice-based fruit smoothie that is 100-percent gluten- and additive-free. Ricely is available in four fruit flavour combinations, in recyclable packaging. If you would like to learn more...
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KSH: export surplus in March was over one billion euros
In March, the value of exports in euros was 22.3 points and imports 15.3 percent higher than a year earlier. The foreign trade surplus improved by 685 million euros to...
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Problematic webshops can be closed for up to a year
With the advent of the online sales channel, inspection authorities are also finding more and more websites in Hungary offering counterfeit, illicitly manufactured or marketed products for sale; fraudsters can...
Read moreCereal prices keep increasing
The increase in cereal prices in the world has still not stopped, and it seems that further increases are to be made in Hungary, said Tamás Petőházi, President of the...
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Our face is our business card, so let’s take good care of it!
Market players in the face care category also had to face unexpected conditions in 2020. Richard Dani, the head of Alveola Kft.’s trade division explained that the measures imposed to...
Read moreRetail sales in the Czech Republic increased by five percent in March
Excluding calendar effects, retail sales in the Czech Republic increased by five percent on an annual basis in March, while they decreased by 1.6 percent month-on-month, the Czech Statistical Office...
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SIÓ-Eckes: Made of the fruits of nature – in a sustainable way
Emese Szász-Bognár, communications and media manager of SIÓ-Eckes Kft. informed our magazin that products in the new SIÓ Natura BIO range are made of fruits from organic farming. What is...
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Product innovations: At the gates of a new world
Healthy, natural and immune system strengthening food products are very popular and numerous companies are building portfolios with products like this. Chobai has recently announced launching a new probiotic yogurt...
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Fragrances tuned to moods
The breakout of the COVID-19 pandemic changed our lives, many people started working from home, people meet others much less often and they don’t frequent gyms. Consequently, deodorant sales reduced...
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Magazine: A popular guide to funding programmes for the food industry
Hungary will soon start the fourth budgetary cycle in the European Union and the national administration is busy planning agricultural funding programmes. In the meantime we shouldn’t forget about the...
Read moreThe amount of tenders for the development of livestock farms has more than quintupled
The government has increased the budget for tenders for the modernization of livestock farms fivefold, so those concerned can receive 260 billion HUF instead of 50 billion HUF, Minister of...
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Shell Minishops: Shopping in a 21st-century environment
All over Hungary Shell Minishops are waiting for customers with a large selection of the most important food products, e.g. fresh bakery items, dairy and meat products, fruits and vegetables,...
Read moreRetail sales grew by 4.1 percent in the first quarter of the year in Romania
In Romania, according to raw data, the volume of retail sales increased by 4.1 percent in the first quarter compared to the same period last year, the Romanian National Statistics...
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Growth, speed, expansion
Focus topic of the newsletter E-Scanner of the Private Label Manufacturers Association is the expansion of retail players and the monitoring of changes. Growth is generated by acquisitions, online expansion...
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Besides keeping you awake, energy drinks ought to be healthy too!
András Palkó, Coca-Cola HBC Magyarország’s marketing operations manager reported to our magazine that the retail market of energy drinks grew by 2.9 percent in value and increased by 3.3 percent...
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With resilient optimism in 2021
At the April meeting of the Chain Bridge Club the experts PwC gave online presentations. PwC partner Anita Mekler analysed the results of the company’s annual CEO survey. This study...
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A treasure of the Hungarian Sea
Doctor Balaton is the title of TV2 Group’s fully Hungarian daily television series, which started at the end of December 2020. The story unfolds in the Lake Balaton – the...
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Pek-Snack: A bite of optimism
2020 was a very good year for Pek-Snack Kft.: the bakery chain remained strong financially and strengthened its market position. Our magazine had a chat with managing director Csaba Antal,...
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Hungerit Zrt.’s new CEO – Uninterrupted progress
From 1 April János Volosinszki is Hungerit Zrt.’s new CEO. The company is one of the biggest poultry processors in Hungary and a strategic partner of Bonafarm. You have many...
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Magazine: Presence: An exemplary programme that helps in the long run
Within the framework of the Presence Programme, the Hungarian Maltese Charity Service runs sustainable workshops that work for the benefit of the society. The main objective is to integrate marginalised...
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KSH: retail sales fell by two percent in March
In March, according to raw data, retail sales decreased by 1.5 percent and calendar effects by 2.0 percent compared to the same period last year. Compared to the previous month,...
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