Events

A new trend: in-store greenhouses

Auchan has teamed up with Agricooltour to grow herbs and lettuce in a Torino store, which the customers can pick themselves. The 30m² greenhouse was built in November 2018. Casino...

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The problems with cashless payment

A British study calls attention to the problems with cashless payment: ‘Access to Cash’ informs that in the United Kingdom the proportion of cash payments is 34 percent at the...

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Mobile payment platforms are spreading in Europe

After the US launch four years ago, Apple Pay is now available in Germany too. Partner companies already included Deutsche Bank, HypoVereinsbank, Bunq and Boon, Comdirect, N26 and O2 banking....

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Portugal plans to make PET bottles returnable

The Portuguese government has launched a programme to encourage the return of non-reusable plastic bottles: a new bill states that from 1 January 2022 a system for the storage of...

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GKI: 2018 was probably the best year of the decade for Hungary

GKI estimates that Hungary’s GDP expanded by 4.6 per cent in 2018 and this rate was remarkably high in the EU. The growth cycle is likely to have reached its...

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Wrangling about the profit

At the end of January the European Commission (EC) decided to go to court about the Hungarian rules for the retail sales of agricultural and food products – the EC’s...

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Retail Decoded continues

Shop!’s podcast series already has six episodes: in the latest one Jean-Pierre Lacroix, president of the Toronto-based agency Shikatani Lacroix gives an insight into how artificial intelligence technology can be...

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nIm – milk in Klingonese

Fozzy Group, one of the biggest food retailers in Ukraine has opened a 1,170m² Star Trek-themed supermarket in Kharkiv. In the store product categories are also indicated in the Klingon...

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Magazine: Blockchain is waiting for retail to discover it

On 16 October the Budapest Chamber of Commerce and Industry (BKIK) organised a conference about the not yet utilised opportunities offered to retail by the blockchain technology. Zoltán Házi, the...

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More young people bought Christmas presents using apps

The latest report by Selectivv has revealed that more and more consumers are using some kind of smartphone app to buy gifts. In the last quarter of 2018 the number...

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How does the introduction of Payment Services Directive 2 in 2019 affect retailers?

The European Union gave a green light to the Payment Services Directive 2 (PSD2) in November 2017, which is basically a collection of regulatory technical standards (RTS) enabling consumers to...

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There is no one to carry out the digital revolution

Digital transformation affects basically the whole Hungarian SME sector, but only a few of these companies can exploit the opportunity created by the digital switchover, because there aren’t enough experts....

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GKI: Real estate market races without braking

n January of 2019, the GKI real estate indices for Budapest and Hungary stood at 9 and 11 points respectively. Budapest index decreased by almost 2, the national index rose...

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Nielsen: manufacturer brands and discount stores are the most popular in retail

Manufacturer brands and discount stores were the most popular participants of retail in 2018, according to the retail survey of Nielsen monitoring 90 food and 80 household chemicals and beauty...

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We are running out of domestic potatoes

According to the Agricultural Economics Research Institute, 192.7 thousand tons of potatoes were produced on 8046 hectares last year. The average yield ranged from 13.4 to 50 tons – Világgazdaság...

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The Ministry of Agriculture is the partner of farmers in the apple issue

The Ministry of Agriculture (AM) wants to be a partner for apple growers to solve the apple market situation, but farmers need to decide how they want to produce in...

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KSH: the number of employed increased in the fourth quarter of last year

In October-December last year, the average number of employees was 4 million 481 thousand, 34 thousand more than a year before. The employment rate of 15-64-year-olds increased by 0.7 percentage...

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More and more people are cooking pálinka at home

Hundreds of people bought the equipment needed for making home-made pálinka last year, so nearly 24,000 cauldrons have been registered by local authorities in recent years – Magyar Idők wrote....

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Pohner Ádám: The Hungarian team performed as it was planned at the Bocuse d’Or

“We were able to do everything we wanted,” Pohner Ádám, chef told MT, after Tuesday’s race day of the most prestigious chef competition in the world, the Bocuse d’Or. The...

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National Innovation Forum to start at 25 locations

The Ministry of Innovation and Technology (ITM) and the National Office for Research, Development and Innovation (NKFIH) to launch National innovation consultation series. The National innovation consultation series to take...

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Cash-saving program to be started at fifteen schools

With the involvement of fifteen educational institutions, a cash-saving school program will start for students and parents in the semester that is just starting – the Director of Education at...

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GfK’s German consumer sentiment index has improved

Instead of the expected decline, the consumer sentiment index of GfK’s Nürnberg Institute for Economic Research improved in February in Germany, while consumer expectations and willingness to buy increased again,...

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A few pieces of stinking fruit were sold at an amazing price

Some special pieces of the Southeast Asian fruit, the Durian are sold in a hypermarket in an Indonesian city for gold prices. For a single piece, 14 million rupees, 1343...

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US employment data is over expectations

In contrast to the expected 178,000 people, 213,000 new jobs were created in the US private sector in January – portfolio.hu wrote afrter ADP. In addition to the better-than-expected developments,...

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Magazine: Vegetables perform better than fruits

Vegetables are grown on 83,000-85,000 hectares of land in Hungary, annual production is around 1,900-2,000 thousand tons and this represents a value of HUF 185-190 billion. According to Ferenc Ledó,...

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(HU) „Mi tudjuk, hogy megéri – megtérülés a trade marketingben”

Sorry, this entry is only available in HU....

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AM: Hungary is opposed to make wine of inferior quality grape varieties

The European Commission would authorize wine production from decades forbidden vines, but Hungary opposes the proposal; a further 12 EU member states supported the Hungarian initiative to maintain the ban...

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Nagy István: reduction in rural development funds is unacceptable

The European Commission’s proposal to reduce Hungary’s rural development resources after 2021 by more than 26 percent is unacceptable – Nagy István, Minister of Agriculture said at the Agriculture and...

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The cultivation of GMO-free protein crop should be promoted due to the reduction of EU soy import dependency

The cultivation of GMO-free protein crop should be promoted due to the reduction of EU soy import dependency Hungary continues to be committed to genetically modified food (GMO) -free food...

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Nébih: the second installment of the food chain supervision fee should be paid by 31 January

The second installment of the 2018 food chain supervision fee should be paid by 31 January – the National Food Chain Safety Agency (Nébih) draws attention. The Authority recalled in...

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