News and articles
25 billion USD business in the U.S. tobacco market
Date: 2014-07-16 11:10:34
The U.S. cigarette manufacturer Reynolds American buys the rival Lorilland company for 25 billion USD. With this step, the two oldest U.S. tobacco companies will be united. The merger of...
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EU import levy on maize, rye and sorghum
Date: 2014-07-16 11:08:26
The European Union puts 5.32 euros per tonne, approximately 1,645 HUF import levy on maize, rye and sorghum – the European Commission announced on Wednesday. The European Commission justified the...
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The German competition authority strikes back
Date: 2014-07-16 11:07:20
The German Federal Competition Authority imposed a fine of 338 million euros on 21 meat processing companies and their leaders, due to cartelling – MTI wrote. The fine affects the...
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The Jack Daniel's is expanding further
Date: 2014-07-16 11:06:44
The legendary American whiskey manufacturer of Jack Daniel's has started a major expansion. The company has increased not only the number of its distilleries and warehouses recently, but the company...
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Gophers stormed the melon fields
Date: 2014-07-16 11:04:38
The harvest of the early ripening melon has started in the Jászság. The rain was good for the harvest, but the gophers caused enormous havoc. The szoljon.hu reported that the...
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The “blood drink” is the new craze of the Chinese youth
Date: 2014-07-16 10:59:42
The Chinese Food and Drug Administration (CFDA) has warned Chinese citizens that certain “Vampire Blood” drinks are potentially dangerous, poorly labelled, and should be immediately pulled from shop shelves. It...
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NAK is lobbying for lower egg VAT
Date: 2014-07-16 09:55:03
NAK vice president Miklós Zsolt Kis stated at EUWEP’s (the representative body in the European Union for egg packers, traders and processors) annual conference in Győr that each member state...
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The Hungarians are ready to drive a longer time to shopping
Date: 2014-07-15 12:03:05
40 percent of the Hungarian customers are ready to drive 15 minutes, 25 percent of them are ready to drive more than half an hour in order to reach a...
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The GfK expects slow European retail sales growth
Date: 2014-07-15 11:57:34
Europe's economy in 2013 was characterized by slowing trends – the latest study of GfK Geomarketing states. On the basis of the research carried out in 28 countries of the...
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The national melon program is successful
Date: 2014-07-15 11:56:35
The national melon program that was launched in 2011 is successful. In recent years, the watermelon production area increased to 6,000 hectares in Hungary, and its consumption increased by 20...
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Not worth it, yet we pay with cash
Date: 2014-07-15 11:55:25
The number of contactless credit cards has crossed one million pieces last year. Two out of three still feel, that they should pay with cash. According to the NRC Market...
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NAV: North Hungarian action to check the cash registers
Date: 2014-07-15 11:50:26
The National Tax and Customs Administration (NAV) focuses on the control of cash registers in the coming weeks in Northern Hungary – the North Hungarian Regional Tax Directorate of NAV...
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Only half the amount apricot has grown this year at the plantation of the Danubia-Frucht
Date: 2014-07-15 11:20:47
Compared with last year, only half the amount apricot yield has grown at the Danubia-Frucht Cooperative, which is Tolna county's largest apricot plantation – the chairman of the Danubia-Frucht told...
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Szénsavas Szikra (Soda Spark): the latest product of Zwack
Date: 2014-07-15 11:15:13
The Zwack Unicum Nyrt. occurred in the market with a unique innovation again. Its newest product is Soda Spark. The History of Szénsavas Szikra (Soda Spark) started 188 years ago...
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A great merger in the chocolate industry
Date: 2014-07-15 11:14:23
The Lindt Swiss chocolate manufacturer is expanding in North America, which consumes a rival there. Lindt’s shares increased significantly after the news. Lindt, announced today that the cimpany buys the...
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The pharmacies lost the fifty thousand HUF support
Date: 2014-07-15 11:13:55
The pharmacies spent approximately one billion HUF on the installation of the online cash registers. This is about one percent of the total annual price margin – Világgazdaság wrote. Many...
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The world's oldest edible ham is more than a century old
Date: 2014-07-15 11:00:56
The world's oldest edible ham “celebrated” its 112th anniversary at the end of the week. The culinary “miracle” that is guarded in Isle Of Wight County Museum inSmithfield, Virginia was...
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Worth paying more for it
Date: 2014-07-15 10:51:24
In Q1 2014 Nielsen asked consumers in 60 countries: ‘For which product category would you pay more than the average because it is worth more?’ From the 33 categories the...
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Magazine: Vajda Paper’s capacity expansion
Date: 2014-07-14 13:26:15
On 11 June Vajda Paper Kft. inaugurated two high-capacity production lines. The development – which cost HUF 1.8 billon – increases the company’s production capacity by 10 percent to more...
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KSH: producer prices decreased by 9.2 percent in May
Date: 2014-07-14 12:00:48
Agricultural producer prices fell by 9.2 percent in May, compared to the same period of the previous year. The price of vegetable products decreased by 14.8 percent, the price of...
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The emerging markets and the crafted beers improve the beer market
Date: 2014-07-14 11:58:10
The growth in developed countries became increasingly challenging for the beer manufacturers in recent years; the largest companies have turned to emerging markets – portfolio.hu wrote. Following the consolidation wave...
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Hundred percent Hungarian fresh milk in the Tescos
Date: 2014-07-14 11:40:39
Tesco in its domestic stores offers exclusively Hungarian milk to its customers in the fresh milk category. a range of fresh dairy milk customers. In addition, simultaneously, the Tesco has...
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The Eximbank is setting up a rural network
Date: 2014-07-14 11:28:24
The Eximbank is setting up a rural representation network. The Eximbank supports the Hungarian exporters. Its first rural office opens in Győr in the summer – the Parliamentary Minister of...
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The NAK and the MDOSZ both support the voluntary commitments of the food industry
Date: 2014-07-14 11:20:16
The dietetics of MDOSZ and the National Association of Agricultural Economics will give professional support to ÉFOSZ’s call to promote healthy nutrition. The framework and the website of the initiative...
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Ministry of Agriculture: fish destruction declines at the Lake Balaton
Date: 2014-07-14 11:10:50
The mass destruction of fish in the Lake Balaton can be traced back to complex causes and its rate declines steadily. The pathogens detected in the fish are not dangerous...
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The NoSalty became a market leader recipe page from the former garage blog
Date: 2014-07-14 11:08:49
The NoSalty, Hungary's most popular recipe page increased its revenue to 160.7 million HUF in 2013, exceeding the previous year’s turnover by around 117 million HUF. The Nosalty not wit...
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Illegal tobacco factory was found in Nyírbogdány
Date: 2014-07-14 10:55:18
Illegal tobacco factory was uncovered by the National Tax and Customs Authority (NAV) in Nyírbogdány, where a man in addition enriched the goods with oak leaves that is a significant...
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This year may bring record wheat harvest
Date: 2014-07-14 09:33:21
Syngenta hosted its traditional plant health solutions show in Dalmand and Hajdúböszörmény with more than 1,000 farmer participants, this time focusing on corn, spiciferous plants, sunflower and rapeseed. Managing director...
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Hundeola Stahl goes to Tatabánya
Date: 2014-07-14 09:24:12
Hundeola Stahl Kft. leaves Tata and goes Tatabánya, where the company is going to invest HUF 180 million in building a new production hall. The company manufactures stainless steel tanks...
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Wine ‘fingerprints’ are being taken
Date: 2014-07-14 09:21:54
A consortium led by Data-Press Kft. was granted HUF 670 million from the Research and Technological Innovation Fund for oenology quality control development. Within the framework of a HUF 880-million...
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