Other
Márton Nagy: artificial intelligence is inevitable
Artificial intelligence (AI) will have an inevitable and increasingly important role, but at the same time, everyone in the global economy is protecting their own technology, and trade wars are...
Read more
Beer consumption in the Czech Republic is at an all-time low
Beer consumption in the Czech Republic reached a historic low in 2023. Czech breweries brewed 20 million hectoliters of beer last year, 2.7 percent less than the previous year. Beer...
Read more
Functional foods in full force
Functional products include fortified foods and beverages, nutritional and dietary supplements, and various bars and snacks enriched with vitamins, minerals, probiotics, proteins and other nutrients. These products represent the perfect...
Read more
AB InBev building 0.0% tech in UK, sees opportunity in “adult refreshment”
AB InBev sees „a unique opportunity” in building its 0.0% portfolio in the area of „adult refreshment”. Anheuser-Busch InBev is building new de-alcoholisation technology in the UK as the world’s...
Read more
Walmart reportedly reducing in-store waste with AI
A new Walmart pilot reportedly provides store associates with artificial intelligence insight on products that may be close to expiration. According to CNBC, Walmart is testing an in-house-developed, AI-based solution...
Read more
Cross-border ecommerce reached 237 billion euros
The online European cross-border market reached a turnover of 237 billion euros in 2023. This is an increase of 32 percent compared to the year before. European online stores generated...
Read more
The Hungarian beer market focuses on alcohol-free beers and the premium category
The Hungarian beer market is witnessing significant shifts, with non-alcoholic and premium beers becoming increasingly popular. According to Kántor Sándor, Director of the Hungarian Brewers Association, there is a noticeable...
Read more
In April, the economic performance of the euro area expanded at the fastest rate in almost a year
In April, the economic performance of the euro zone expanded at a greater rate than expected, at the fastest rate in 11 months, based on the growth rate of the...
Read more
Hungarian imports and exports also fell in March
In the month of March, Hungarian exports and imports also suffered a serious decline. According to data from the Central Statistical Office (KSH), the value of exports was 15 percent...
Read more
Sz. Variáns Kft. implements an exemplary sustainability program
The packaging technology family business in Debrecen, Sz. Variáns, considers it important to reduce its own ecological footprint, which is why it expresses its commitment to environmental protection with its...
Read more
Blue planet: processing food waste is particularly important
Let’s not sink into climate depression, but let’s talk about sustainability and environmental protection problems and find solutions to them; this is the purpose of the Kék Bolygó podcast –...
Read more
Inflation can also be seen in popular fish dishes
As the summer season approaches, the prices of popular fish dishes such as fish soup and fried fish in rural Hungarian eateries are on the rise. These iconic elements of...
Read more
That is why brown eggs are more expensive than white ones
Buyers may often find that the price of brown eggs is higher than that of white eggs. This difference does not arise from health or aesthetic qualities, but from agricultural...
Read more
During the year, the big domestic banks can raise their fees again
As a consequence of inflation, the major Hungarian banks were forced to raise their fees, which means an average increase of 28% for simpler bank accounts. According to a report...
Read more
Péter Szijjártó: it’s time for another dimensional change in the Hungarian economy
The time has come for the Hungarian economy to go through another dimensional change, to increase the technological level and expand the research and development capacities – the Minister of...
Read more
Katjes sells stake in porridge business Haferkater back to founders
Katkes backed Haferkater via its investment arm Katjesgreenfood seven years ago. German confectionery major Katjes Group has sold its 25% stake in local porridge business Haferkater back to the company’s...
Read more
Millennials and Gen Zs drive surge in demand for RTD iced coffee
The demand for iced and specialty coffee beverages is experiencing a significant uptick, largely driven by Millennials and Generation Zs, according to a recent report by GlobalData. “This cohort has...
Read more
Walmart Health Centers Are Closing
Citing lack of profitability, retailer shuttering all 51 clinics In a surprise move, Walmart (Bentonville, Ark.) has decided to close all 51 of its Health Centers. After operating a growing...
Read more
NAV confiscated fake cleaning products and untaxed cigarettes
The tax inspectors of the National Tax and Customs Office (NAV) seized fake cleaning products and untaxed cigarettes on a farm near Mosonmagyaróvár, the customs office announced on its Facebook...
Read more
The latest issue of Trade magazin is out now!
The digital version is available with more content once again and can be read by clicking on the front page below. But what does the May issue feature? The May...
Read more
FAO: global food prices increased for the second month in April on a monthly basis
In April, global food prices rose for the second month in a row in a monthly comparison, this time mainly due to the increase in the price of meat, vegetable...
Read more
Beauty care travels at breakneck speed
Beauty care is one of the fastest growing markets in the FMCG sector. Within beauty care, there are many rapidly evolving segments such as face and body care, make-up, hair...
Read more
The solvency of Hungarians has improved again, but it may be too early to rejoice
At the beginning of this year, the solvency of Hungarians continued to improve, the Intrum Solvency Index exceeded 10 points in the first quarter, according to the new report of...
Read more
High – but not on sugar
The category of sugar-free soft drinks has been growing steadily for years, driven by the health consciousness trend. This article is available for reading in Trade magazin 2024/5 Demand for...
Read more
In alliance with agriculture: MBH Bank responds to the challenges of the market together with professional organizations
MBH Bank has signed a cooperation agreement with the Association of Hungarian Livestock Breeders, the National Association of Grain Growers, the Milk Trade Organization and Product Council, and the FruitVeb...
Read more
The talking digital financial assistant is already available for SMEs
Kate, K&H’s digital financial assistant, has been helping small and medium-sized businesses since spring. The artificial intelligence-based solution is the only one in the country that understands and executes voice-based...
Read more
Food prices may increase due to global warming
Global warming and extreme weather conditions are putting increasing pressure on agriculture, posing significant inflationary risks worldwide, according to a new study from the Potsdam Institute for Climate Impact Research....
Read more
If you need a little… energy
In 2023 the energy drink category showed a small decline in terms of units sold, but an increase in value. This article is available for reading in Trade magazin 2024/5...
Read more
The spring campaign of Számlázz.hu is here
The latest campaign of the dominant fintech company was coordinated from concept to production by the Republic Group team. The creatives will also appear on outdoor and digital surfaces, i.e....
Read more
Coop Sweden to offer more locally grown tomatoes
Coop Sweden plans to increase the proportion of Swedish-grown tomatoes in its store offerings from this summer, so it will source its produce from a new greenhouse in Frövi, developed...
Read more