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The supply of strawberries is still plentiful

The supply of strawberries is still plentiful, and by the end of May, the field harvest will reach consumers in large quantities, according to a summary published on the FruitVeb...

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Pick Szeged Zrt. significantly increased its after-tax profit last year.

Pick Szeged Zrt. increased its profit after tax from 5.318 billion HUF in 2020 to 10.323 billion HUF last year, according to the company’s annual report published on the Budapest...

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eNet: 6.2 million people already use smartphones in Hungary

In Hungary, 6.2 million people already use smartphones and roughly 6 million people use the Internet on their mobile phones between the ages of 18 and 69, according to the...

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The Hungarian Grain Association is thirty years old

The agricultural work in the spring has been completed, and it is reassuring that the sown areas have increased, said Minister of Agriculture Nagy István at the 30th anniversary event...

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GVH: competition issues discussed at at conference in Bratislava

The competition situation regarding the market disruption caused by the pandemic and the war in Ukraine was reviewed on Thursday Bak László, Vice-President of the Hungarian Competition Authority (GVH), represented...

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Consumer sentiment in the United States deteriorated in May

In the United States, consumer sentiment deteriorated more significantly in May than previously reported. According to the final data from the University of Michigan’s monthly survey released on Friday, the...

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Mario Draghi discussed the grain crisis with the Ukrainian president

Italian Prime Minister Mario Draghi spoke to Ukrainian President Volodymyr Zelensky about the possibility of resuming grain shipments accumulated in Ukrainian ports a day after consulting the same with the...

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The Croatian economy grew by 7 percent in the first quarter

The performance of the Croatian economy grew by 7 percent in the first quarter compared to the same period last year, the Croatian Statistical Office (DZS) said on Friday, according...

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Beiersdorf opens innovation hub in the United States

After Shangahi, skin care company Beiersdorf has opened a second innovation hub in New Jersey, as part of its global R&D strategy. Thanks to new innovation centre, Beiersdorf can gain...

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Agricultural purchase prices have increased enormously

In March, the increase in agricultural purchase prices gained momentum, they were 37.4 percent higher than a year earlier, which is 12.5 percentage points more than February’s 24.9 percent. In...

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Denmark’s Dagrofa Group to expand its network

Dagrofa Group will invest DKK 450m over the next three years in three of its retail chains, including SPAR Denmark. The development of a new retailer model forms part of...

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Again, SMEs are planning to invest more restrainedly

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

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Co-op Introduces New Food-To-Go Products, Reduces Packaging

British convenience retailer Co-op has re-launched its food-to-go range for summer, introducing new products and reducing packaging. Products to be added include Thai Bang Bang noodle salad, chicken Katsu Bento...

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SPAR Netherlands To Double Number Of Outlets By 2025

SPAR Netherlands is aiming to expand its presence in the country, with plans to more than double its number of stores – from 455 to 1,000 – over the next...

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Carrefour and Everli roll out services in ten French cities

French shoppers can now buy groceries from Carrefour hypermarkets and supermarkets through the Everli online platform in 10 cities. In the Carrefour-Everli partnership, the retailer offers up to 25,000 products...

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Denmark’s Netto Introduces ‘Digital Shopping Cart’

Danish retailer Netto has introduced a new digital checkout system that recognises and registers goods during a shopper’s trip to the store, with payment being made through the retailer’s Scan...

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Domestic and European vegetables and fruits are not “contaminated”

The National Chamber of Agriculture (NAK) and the FruitVeB Hungarian Fruit and Vegetable Interprofessional Organization were shocked to read articles published in several Hungarian press media stating that European and...

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Lidl supports shelter pets with ten tons of pet food

With the help of its customers, LIDl Hungary supports the NOÉ Animal Home Foundation and the REX Dog Home Foundation with a total of nearly 10,000 kilograms of pet food....

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The 1080p Advertising and Media Agency continues to operate under the name People Group

The 1080p Solution Agency was founded in 2014 by the HD Group, then headed by Zsolt Urbán, and Dynamo Budapest, which can be connected to Tamás Kádár and Balázs Dévényi,...

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Pink Lady® apple creator dies at age 95

The legend behind the the Pink Lady® apple, John Cripps has passed away in Australia where he released his apple formula to the market 30 years ago. Cripps daughter Helen...

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Magazine: Focusing on the comfort and safety of babies

NielsenIQ data reveals that volume sales were only up 1.3% in the diaper category in 2021. Gréta Tölgyesi, Essity Hungary Kft.’s senior brand manager: “As for the 7% increase in...

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The winners have received their “Inno d’Or – Innovation of the Year 2022” awards

Last year Trade magazin first organised the competition with the goal of rewarding value-creating innovations, which satisfy relevant consumer needs, fit into existing trends or have been inspired by actual...

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Special taxes are coming again

Minister of Economic Development Gulyás Gergely and Nagy Márton also gave details of special taxes at the government information on Thursday.   Adherence to budgetary plans will require a significant...

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Sure points in uncertainty

Possible responses to changes in the economic environment were discussed at the Business Dinner professional event on May 26th. Nearly 70 people, including several members of the Chain Bridge Club,...

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KSH: almost 4.7 million employees in Hungary

In April, the average number of employees aged 15-74 was 4 million 688 thousand, compared to 4 million 684 thousand in the three-month period February-April, 109 thousand more than a...

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Coop’s turnover increased last year

Coop Economic Group’s sales increased by 3 percent to 674 billion HUF last year, the company told MTI on Thursday. According to the data presented at the general meeting of...

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KSH’s Population Monitor survey begins

The Central Statistical Office’s (KSH) Population Monitor survey on residence and studies begins today; 9,500 people selected to participate have already been notified. The survey, which runs until July 10,...

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30 percent increase in toy sales due to Children’s Day

Due to Children’s Day, the Regio Játékkereskedelmi Kft. is experiencing a roughly 30 percent increase in turnover in the last two weeks of May, compared to an average week in...

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McDonald’s performed well in Hungary last year

The Progress Étteremhálózat Kft., which operates McDonald’s restaurants in Hungary, increased its after-tax profit to 6.665 billion HUF in 2021 from 3.668 billion HUF in the previous year – was...

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Northeast Europe could become the continent’s pantry, according to a study

Northeastern Europe could become the continent’s food pantry, as the region is less tolerant of cereals due to climate change, the Corvinus University of Budapest said in a statement to...

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