Events
Carrefour opens first fully automated store
In collaboration with tech start-up AiFi, Carrefour has opened its first automated store in its headquarters in Massy. Separately, the retailer has said it has extended the use of blockchain...
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Alibaba To Stop Sales Of E-Cigarette Components In The US
Chinese e-commerce firm Alibaba said on Wednesday it will stop selling e-cigarette components in the United States, amid growing regulatory scrutiny and reports of lung disease and some deaths linked...
Read moreKSH: prices increased by 2.8 percent in September
Consumer prices increased by 2.8 percent on average in September, compared to a year before. Compared to August prices increased by 0.1 percent – the Central Statistical Office (KSH) announced...
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There are hardly any people who wouldn’t care what stores are near their home
There are hardly any people who are not interested in what shopping options are available in their area, and even the vast majority of them go there – according to...
Read moreThe Hungarian honey market is in trouble
Due to falling European demand and the cheaper Ukrainian, Romanian and Bulgarian competitors, there is no demand for Hungarian honey – Világgazdaság Online reports. Although accurate data on honey production...
Read moreNational chief veterinarian: swine fever was detected in about two thousand wild boars since April last year
African swine fever has been detected in about two thousand wild boars in Hungary since the disease appeared in April last year – the national chief veterinarian told M1 news...
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The optimistic sentiment in the feed market may end
The Hungarian feed industry is prospering, but storm clouds are gathering. Animal health risks are constantly present and market players are prepared to deal with them, but as Bujdosó Tünde,...
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The Ministry of Agriculture is announcing a new support program for storm damage
The Ministry of Agriculture (AM) has set up a new support program worth 600 million HUF to mitigate the storm damages of recent months – the ministry announced on Monday....
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Investor sentiment in the euro area has worsened to a more than six years nadir
Investor sentiment in the eurozone plummeted to a more than six years low in October as central bank stimulus measures failed to ease recession fears. According to the monthly survey...
Read moreLidl to open 10 new stores in Greater Manchester
Lidl has announced plans to open 10 new stores across Greater Manchester over the next three years as the discount grocer ramps up its ambitious expansion plans in the region....
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Schwarz Group buys recycling specialist
Germany’s Schwarz Group takes over the Austrian Sky Plastic Group through its subsidiary Greencycle. The company is established in plastics recycling and is intended to provide the parent company of...
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Fighting waste
German hypermarket chain Kaufland and the food saver app “Too Good To Go” are joining forces. The app specialises in offering food online at a reduced price shortly before store...
Read moreAnalysts: consumption remains the engine of growth
The retail sales growth rate in August was in line with the average of the first eight months, so it fits in with this year’s trend and does not indicate...
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Coca-Cola, Invitech, E.ON, and Tesco wins Effekt 2030
The EffeKteam recognized the companies’ effective environmental and social investment programs in the Chance Creating Business, Future Economy, Green Balance and Society of All categories. The Effekt 2030 Award will...
Read moreOnly about half of regular Internet users shop online, according to a survey
In Hungary, the number of online shoppers is low, only 33 percent of the adult population, 3.2 million people shop at least once a year from an online store, while...
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Eccomerce meetup on mobile applications
Nowadays, a retailer, and in many cases a brand, need inevitable digital presence in order to effectively reach their customers, to communicate with them, and provide the opportunity to place...
Read moreThere will be a Sausage Festival in the Railway History Park
Home-made sausages, hams, cheeses, traditional pig carving shows, concerts, folklore shows, veteran car exhibitions and family programs await the visitors at the 6th Pig Sausage Festival on October 11-13 to...
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The growth in the private sector of the euro area has stopped
Growth in the private sector in the eurozone virtually stopped in September after the manufacturing industry’s recession is increasingly affecting the services sector – according to the London-based IHS Markit’s...
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Spar Netherlands Opens 150th Express Store In Utrecht
Spar Netherlands has announced that it has opened its 150th Express store in Eemnes in the province of Utrecht. The forecourt outlet caters to the immediate or daily shopping needs...
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Coop Italia Reviews Market Strategy As Consumption Declines
Coop Italia has reviewed its market strategy as food consumption declined in 2019 after three years of growth, according to reports. The cooperative has increased its focus on environmentally friendly...
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Tesco Poland extends restructure plans and exits large hypermarkets
At its H1 results presentation, Tesco has shared new detail about the restructure of its Polish operations, its largest business in central Europe. Tesco closed 62 unprofitable stores in Poland...
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Nagy István: the competitiveness of the Hungarian poultry sector must be preserved
The importance of the poultry industry in Hungary is crucial, and the sector’s competitiveness must be preserved – the Minister of Agriculture said at the annual meeting of the European...
Read moreAM: fresh pork from Hungary can be shipped again to Serbia
Serbia has reopened its market for fresh pork in Hungary as a result of more than a year of negotiations – the Ministry of Agriculture (MTI) announced on Saturday. According...
Read moreKopint-Tárki has improved its growth expectations
The Kopint-Tárki Economic Research Institute raised its GDP growth forecast for September to 4.8 percent from the 4.5 percent forecasted in June, while its forecast for 2020 remained unchanged at...
Read moreAM: The agricultural ministers of the Visegrád countries met in Prague
The shaping the future of the Common Agricultural Policy and forestry issues were the main topics of the meeting of the agricultural ministers of the Visegrád Cooperation in Prague, which...
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Volunteers collected nearly 2 tons of waste from the Lake Tisza
Shoes, flasks, PET bottles and many other rubbish contaminates the Tisza, its floodplains and reed beds. Last Friday, more than 1.8 tons of waste were collected by Coca-Cola Magyarország and...
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Nébih: German sausage products were recalled
The National Food Chain Safety Authority (Nebih) warns on its website that travelers to Germany, such as to the Munich Beer Festival, and travelers to seven other affected countries should...
Read moreFitch: global economic growth slows this year to a seven-year low
The escalation of the US-China trade war is expected to slow global economic growth to a seven-year low this year and will further weaken next year – according to Fitch...
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The number of known credit card frauds increased twentyfold In the past five years
In the past five years, the number of known credit card fraud cases in the world has increased approximately twentyfold – Hungary’s cyber coordinator told M1 news channel on Thursday....
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