Events
Cherkizovo Group buys sausage factory in Leningrad
Russia’s largest meat producer the Cherkizovo Group has signed a preliminary agreement to buy meat processing company LLC Pit-Product from the Finnish group Atria. The acquisition will see Cherkizovo increase its share...
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Dino Polska to invest more in eco-friendly projects
Polish retailer Dino Polska has decided to invest more in renewable energy sources across its operations. They will install photovoltaic panels at three Dino distribution centres with 3MW capacity – by...
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Lidl Belgium adds new vegetarian and vegan products
Lidl Belgium has added 11 new meat substitute products to its private label vegetarian and vegan range. From the new additions 7 are vegetarian and 4 are vegan products. Lidl Belgium has...
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Sainsbury’s tests in-store recycling system
Sainsbury’s plans to introduce a new in-store recycling system which makes it possible for customers to recycle polypropylene (PP) film. There are 63 Sainsbury’s stores participating in the trial. A...
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Fluère Drinks is now part of Next Frontier Brands’ portfolio
Next Frontier Brands has acquired distilled non-alcoholic spirit producer, Fluère Drinks. Fluère’s beverages are distilled in the Netherlands and available in more than 30 countries. The brand’s portfolio includes Original, Spiced Cane...
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New concept from Morrisons
Morrisons has opened a new temporary store in North London, which features a new fresh-food takeaway concept called Market Kitchen. Market Kitchen offers a selection of meals for breakfast, lunch...
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Carlsberg reports smaller carbon footprint
According to Carlsberg’s sustainability report for 2020, the company achieved a 7-percent decrease in carbon emissions across its value chain, and realised a 7-percent improvement in water efficiency between 2015...
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Sainsbury’s starts price war against Aldi
Sainsbury’s campaign called ‘Aldi Price Match’ – launched to fight for market share – offers customers 250 Sainsbury’s quality products that match the prices found at Aldi. However, 8 of...
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PLMA-news in brief
Amazon is launching its online programme in Poland. Private label wine sales by Delhaize were up 20 percent last year. Penny is adding the vegan Food for Future brand to...
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Uber to buy alcohol delivery service Drizly
Uber Technologies Inc is to pay USD 1.1 billion for on-demand alcohol platform Drizly, as the company seeks to expand delivery services that have flourished during the pandemic. Uber’s acquisition of...
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Heineken to cut operating costs
Heineken NV plans to cut about 8,000 jobs, in order to restore operating margins to pre-pandemic levels following a sharp reduction in profit because of coronavirus restrictions. The world’s second largest...
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UCC Coffee Europe introduces Japanese coffee brand
UCC Coffee Europe has put a new coffee brand on the market, backed by UCC Group (Japan). The launch of the Ueshima Coffee Company brand brings Japan’s No.1 coffee to...
Read moreAlmost all Hungarians consume milk
At the end of 2020, the Milk Interprofessional Organization and Product Council launched a market research tender that focused on dairy product consumption habits and plant-based foods – agrarszektor.hu ,...
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MNB: credit dynamics were at the forefront of the EU last year
Despite the coronavirus pandemic, the credit market performed outstandingly last year, and Hungary is at the forefront of the EU in terms of both corporate and retail credit dynamics, an...
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Arable land in Hungary became 7.3 percent more expensive than last year
The pandemic did not break the rise in the price of arable land in Hungary for about thirty years: last year the average market price per hectare was 1,727 million...
Read moreThe European Investment Bank is also helping to reopen the Hungarian economy
The resources provided to Hungary by the European Investment Bank (EIB) serve to protect health, maintain jobs and support investment, ie help to relaunch the economy, Minister of Finance Varga...
Read moreOECD: Economic growth in the G20 slowed in the last quarter of last year
Economic growth in the G20, which brings together the 19 largest economies and the European Union, slowed in the last quarter of last year, compared with the previous quarter. According...
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Disinfectant can be made from unconsumed Italian wines
One hundred and fifty million liters of wine remained in the hands of Italian wine producers last year due to lost consumption in restaurants and bars closed due to epidemic...
Read moreBritish exports to the EU fell by more than 40 percent in January
In January, the value of British exports to European Union markets fell by 40.7 percent; imports from the EU fell 28.8 percent – the British statistical office (ONS) said. The...
Read moreOptimistic consumer sentiment developed in the United States
With a larger-than-expected rise, the Consumer Sentiment Index in the U.S. reached a level that reflected the most optimistic attitude since March 2020 – according to the results of a...
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Walmart beauty on TikTok
Walmart put its second shoppable livestream on social video app TikTok, this time to showcase beauty products. The retail chain’s “Spring Shop-Along: Beauty Edition” works with brands like L’Oréal’s Maybelline and...
Read moreRecord high increase in shipments of mobile phones in China in February
In China, mobile phone shipments rose by a record high in February compared to February last year, when severe restrictions were in place in the Asian country due to the...
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In’s Mercato to open 30 new stores in 2021
Italian discounter In’s Mercato plans to strengthen its brand identity and expand market penetration in 2021.They intend to open 30 new stores and to implement 90 store restyling projects in...
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Retailers in the era of artificial intelligence
Loyalty comes first Experts predict that 2021 will be the year of both uncertainties and opportunities. With the pandemic 2020 brought the online food industry boom which had been forecasted...
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Co-op removes plastic from Easter eggs in the UK
British retailer Co-op has removed the plastic packaging from its private label Easter eggs. The move will result in over 14 tonnes of plastic not being used. This isn’t the first step...
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Gruppo VéGé enters into partnership with Everli
Italian retail cooperative Gruppo VéGé has joined forces with online shopping service Everli, (formerly known as Supermercato24). The 3-year partnership will see Everli’s online ordering and home delivery services rolled out...
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Coty: Drop in cosmetics product demand results in millions lower sales result
Coty Inc is to increase its investments in skin care to offset a pandemic-induced fall in demand for its makeup products that led to disappointing quarterly sales revenue. The company...
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Vollmart steps on the Polish discounter scene
A new hard discount chain called Vollmart has entered the Polish market – the first store opened in Siedlce. Vollmart plans to open stores in towns with a minimum population...
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Spar UK rolls out new range called Spar Natural
Spar UK has rolled out 15 products from the Spar Natural range in select stores across the country. The range targets customers seeking better healthcare, healthier lifestyles, natural products and food intolerance solutions....
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Nestlé plans to launch vegan KitKat
This year Nestlé is introducing a plant-based version of KitKat in several countries. Chocolate experts developed the new vegan KitKat in Nestlé’s confectionery research and development centre in York. The...
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