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Walmart leads annual ranking of top 50 global retailers
Két amerikai székhelyű kiskereskedelmi óriás áll az 50 legjobb globális kiskereskedő éves rangsorának élén, amely 2023 eleji működési teljesítményük alapján készült. Megőrizte első helyét a Walmart a National Retail Federation...
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Serviced counters help local proximity supermarkets rise in Central & Southeast Europe
Local proximity supermarkets increase their market share in Central & Southeastern Europe despite strong international competition. Especially in Poland and Romania the large gap between rural and urban areas provides...
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KSH: in February, retail turnover increased by 1.1 percent compared to the same period of the previous year
In February, according to raw data, the turnover volume of retail trade increased by 4.6 percent, adjusted for the calendar effect (and solar eclipse effect), by 1.1 percent compared to...
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It will soon become clear whether the mandatory actions made sense
In the next few days, a number of important economic data will be published in Hungary. On Tuesday, a quick information on the situation of the central subsystem of the...
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NGM: the recovery of consumption continued in February, on an annual basis, retail sales increased for the second month running
Based on the latest data from the Central Statistical Office, the volume of retail trade in February 2024 increased by 4.6 percent according to raw data and 1.1 percent according...
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FAO Cereal Supply and Demand Brief
FAO’s forecast for world cereal production in 2023/24 has been raised marginally and now stands at 2 841 million tonnes, marking a 1.1 percent (32 million tonnes) rise from the previous year’s level....
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Meat prices rose in the EU, except for poultry
In February 2024, meat prices in the European Union generally rose compared to the previous year, with the exception of poultry meat, which became cheaper by 1.6 percent. The biggest...
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Retail sales decreased in the euro area and the EU in February
Retail turnover in the euro area and the EU decreased in February, both monthly and year-on-year. The statistical office of the European Union, Eurostat, announced on Friday that in February,...
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István Nagy: Pálinka is one of the trademarks of national feelings
Pálinka is one of the trademarks of Hungarians, it has been a true national treasure for centuries, it connects us in the storms of history and unites the nation, said...
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The new horticulture and food industry investment tender calls can be reviewed
Based on the Strategic Plan of Hungary’s Common Agrarian Policy (KAP), the social consultation of the new rural development investment tenders has begun – announced Zsolt Feldman, State Secretary for...
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You can now vote for the recipe of Ország Sörén
The national online voting has started, where the Hungarian beer fans can decide on what kind of completely unique and newly created recipe the Ország Söre should be made, and...
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Large companies are counting on last year’s income this year as well
The upward trend of a year ago has been broken, the expected increase in sales revenue of large companies has fallen, while a decrease in profit is still expected, according...
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European strawberry prices have fallen sharply, which also affects the Hungarian market
Polish and Spanish strawberry prices continue to fall and reach lows this season. Prices fell again over the Easter period and, although the pace has moderated, further falls are expected....
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Retail turnover in Romania increased by 9.8 percent in the first two months of 2024 on an annual basis
Retail sales in Romania increased by 9.8 percent in the first two months of 2024 in an annual comparison based on raw data, the National Institute of Statistics (INS) announced...
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In the Czech Republic, the growth of retail sales moderated
In an annual comparison, the growth of retail sales in the Czech Republic decreased to 1.6 percent in February from 3.2 percent in January, the Czech Statistical Office announced on...
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Biedronka reduces the sugar, salt and fat content of private label products
Poland’s Biedronka has removed around 28 tonnes of sugar, 21 tonnes of salt and more than 39 tonnes of fat from its private label products in 2023, as part of...
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New horticulture and food industry tenders can be reviewed
Based on the Strategic Plan of Hungary’s Common Agrarian Policy, the social consultation of the new rural development investment tenders has begun. In the first round, those interested can familiarize themselves...
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English whiskey won at the expense of the Scots
To outside observers, the United Kingdom may appear as a unified country, but the centuries-old Anglo-Scottish antagonism continues to simmer beneath the surface. Now the Scots suffered a painful blow...
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Tuned to premium
This article is available for reading in Trade magazin 2024/4 The combined sales revenue of the five biggest brewers in Hungary – Borsodi Brewery Kft., Carlsberg Hungary Kft., Dreher Breweries...
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A new scam is spreading: bogus packages with a trick
The past year has been filled with bank fraud, data theft and internet scams, but this year a new type of scam is taking over. The bottom line: Unordered bogus...
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This type of store is becoming more and more popular in Hungary
“American stores” are spreading rapidly in Hungary, where you can find food mainly from the United States, which are typically offered at high prices. These stores sell products that traditional...
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Artificial intelligence is the top trend of the year
According to research by Mintel, artificial intelligence (AI) – or more precisely, generative artificial intelligence – has been the subject of increasing hype in recent years. If brands wish to...
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Pálinka is part of our national identity and culture
Pálinka is one of the trademarks of Hungarians, which has been a true national treasure for centuries, unites us even in the storms of history and unites our nation –...
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Again, improvements have been made to the eGN system
The National Food Chain Safety Office (Nébih) informs the users of the electronic management diary (eGN) that another update has taken place in the system. In the current version, many...
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Danone enters $1B yogurt mix-in category with healthy focus
The dairy giant is introducing the new Remix banner to its Oikos, Too Good & Co. and Light + Fit brands to attract consumers hesitant to try other mix-ins seen as overly indulgent....
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Jumbo Removes Plastic Covers From Some Vegetables
Dutch retailer Jumbo is removing plastic covers from red peppers and cucumbers grown in the country. The retailer also plans to remove the plastic packaging from its spring onions before the...
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The loan stock of agriculture increased, that of the food industry decreased
Based on the data of the Ministry of Agriculture, the credit portfolio of the agricultural sectors increased by 3.5 percent in the case of agriculture compared to the same period...
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Morrisons uses AI to boost availability and efficiency
Morrisons has become the first UK supermarket to roll out AI-powered cameras across its stores as it aims to boost availability and staff efficiency. The new technology comes as part...
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Machinery and technology procurement support is available for winemakers
More than HUF 10.8 billion is available until 2027 for the technological development of wineries among the sectoral subsidies financed by the European Agricultural Guarantee Fund of the Strategic Plan...
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The economic performance of the euro area increased in March
The composite Purchasing Managers’ Index (BMI), which measures the performance of manufacturing and service industries in the euro area, increased to 50.3 points from 49.2 points in February, exceeding the...
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