News and articles
Nokia – Layoffs in Komárom
Date: 2012-02-08 10:34:16
Nokia is laying off 2,300 people at its base in Komarom in northwestern Hungary, the company announced on Wednesday. Nokia said assembly would be deployed to Asia from Komarom, which...
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Egis revenue going high
Date: 2012-02-08 08:29:41
Shareholders of Hungarian drug maker Egis, majority-owned by France’s Servier, approved payment of a HUF 120-per-share dividend on after-tax profit from the business year ended September 30 at an annual...
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Hungarian industry’s momentum halt in the end of the year
Date: 2012-02-07 13:30:47
Industrial production was below expectations last December, but according to analysts, it cannot be drawn further far reaching conclusions from this data, because they consider the data brings a large...
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Magazine: The product fee law may change trends
Date: 2012-02-07 13:07:40
According to data collected by the Hungarian Association of Packaging and Materials Handling (CSAOSZ) from the database of KSH, in terms of value the domestic packaging industry produced a 14-percent...
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Hungary is a backmarker in consumer confidence
Date: 2012-02-07 13:05:03
The consumer confidence index in Hungary has dropped to 30 points from 61 points in two years. This index is the lowest in the world – states Nielsen market research...
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Ministry of Rural Development: beef exports to Turkey to be restarted
Date: 2012-02-07 13:03:43
The Turks agreed the measure package of the Hungarian authorities and, therefore, re-allowed the livestock, including beef imports from Hungary – told the Ministry of Rural Development (VM) to MTI...
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Opten: a further increase in the number of liquidations and dissolutions
Date: 2012-02-07 12:40:26
In January liquidation procceedings have started against 1,951 companies and dissolutions started against nearly two thousand companies. This is a 44 and 71 percent inncrease, compared to January 2011 –...
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Over two billion HUF after-tax profit for Zwack Unicum
Date: 2012-02-07 12:18:48
The Zwack Unicum Nyrt. increased its gross sales revenue by 1.8 percent, its after tax profit by 9.5 percent in its the first three quarters of its fiscal year ending...
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Super Bowl: the brewery spent millions on advertising
Date: 2012-02-07 12:13:56
The Anheuser-Busch U.S. brewery spent 15.75 million USD on TV advertising in four and a half minutes. It is true that it was broadcast during the finals of the Super...
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Charity wine auction gala with music in Győr
Date: 2012-02-07 12:07:23
Seven non-governmental organization organize a Charity wine auction gala together with the Philharmonic Orchestra of Győr on the 1st of March. With this year’s gala the Tocology of Győr Fondation,...
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The new Date ad by Heineken
Date: 2012-02-07 11:35:04
This may seem a bit weird to many of my readers, but so be it. The new Heineken ad, titled 'The Date' is a legendary date in action and highlights...
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Unilever Food Solutions launches its new brand proposition
Date: 2012-02-07 10:56:01
Unilever Food Solutions launches its new brand proposition with the release of a global authority report on the foodservice industry. The World Menu Report takes a close look at consumer...
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10 million HUF goes to happy winner purchasing Hungarian product
Date: 2012-02-07 10:18:29
This time, it was definitely worth purchasing Hungarian products. In 2011, as a whole, 245 gift packages worth 25 thousand HUF and 35 packages worth 100 thousand HUF have found...
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New Gillette Fusion ProGlide ambassador in Hungary
Date: 2012-02-07 08:28:12
The Gillette Fusion® ProGlid Power Razor is Gillette’s most advanced blade ever. Thinner, finer blades* with a low-resistance coating glide effortlessly through hair for less tug and pull, providing incredible...
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More smart phones were sold last year than PCs
Date: 2012-02-07 08:00:10
The sales of smartphones on the world market last year, overtook the sales of personal computers – shows the analysis of the Canalys market research firm. The retail trade sold...
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Magazine: FMCG sector: the perspectives for 2012
Date: 2012-02-06 17:57:37
The stagnation of the US economy and the problems of the euro area paint a gloomy picture of the world economy’s perspectives. This means that the FMCG sector is also...
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FOODAPEST-UKBA is a success so far
Date: 2012-02-06 17:39:48
The four-day lasting trade fairs opened its gates on Sunday for the second time on a total of about seven thousand square meters. This time, nearly 200 exhibitors will be...
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Ministry of Rural Development: increasing demand for domestic products
Date: 2012-02-06 13:35:51
The demand for domestic products increases – said Bognár Lajos, Deputy-Secretary of State the Ministry of Rural Development (VM) responsible for food chain surveillance and agri management on Monday in...
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The excess of supply can decrease sugar prices
Date: 2012-02-06 13:00:45
The world’s sugar production may exceed the demand also this year, which according to experts say can result in a reduction of sugar prices. Bloomberg quotes the European leaders of...
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The Consumer Protection Inspectorate focuses on hypermarket
Date: 2012-02-06 12:40:52
The Consumer Protection Inspectorate begins the increased monitoring of the big commercial stores in Budapest. The Consumer Protection Inspectorate carries ot the inspections together with two other state offices, which...
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Hungarian-Indian agreement on fish breeding
Date: 2012-02-06 12:38:53
The agreement over aquaculture, carp genetics and freshwater fish breeding programs was signed on 2 February in India, by Czerván György, Secretary of State, responsible for agri-management and Prabeer Kumar...
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Tesco hopes to accept the Erzsébet-vouchers soon
Date: 2012-02-06 12:32:12
Tesco hopes to soon agree with the National Holiday Service, and costumers will be able to pay with the Erzsébet-vouchers in the chain's stores soon. In recent times meaningful negotiations...
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The Bazaltbor-Badacsony Kft. plans an expansion this year
Date: 2012-02-06 12:30:04
The Bazaltbor-Badacsony Kft. the plans to increase its sales revenue this year to almost twice. The company operating a wine hotel beside wine production plans a turnover of 250 million...
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This year, China may be the EU's largest export market
Date: 2012-02-06 12:20:04
This year, China can be the EU's largest export market – said Markus Ederer, EU’s Chinese ambassador to Peking on Monday, referring on a forecast based on the current commercial...
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Happy Chocolates Ltd.: the new factory can produce a daily 50 tons of chocolate
Date: 2012-02-06 12:05:05
The factory is located in the village of Úri, about 40 km from Budapest and was opened in 2011. The aim of the Happy Chocolates Ltd., that has a 100...
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More Hungarian products of outstanding quality
Date: 2012-02-06 11:52:26
In the past few weeks, plenty of press conferences appeared linked to poisoning, inappropriate, low quality food appearing on the shelves of various EU-members. Food-safety in Hungary is rather strict,...
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METRO is again a partner of Gluttonous Thursday
Date: 2012-02-06 11:46:13
Catering service providers are preparing again because the Hungarian National Tourist Office (Magyar Turizmus Zrt.) launches Gluttonous Thursday action in 2012, for the seventh time, on 23rd February 2011. METRO...
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Hungarian primary schhol receives 1 million HUF from Dr. Oetker
Date: 2012-02-06 08:26:11
The jury of Dr. Oetker Hungary and SOS Children's Village had to a rather diccisult task, They had choose the best artwork out of thousands of great drawings: in the...
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Save the Children Receives $400,000 IKEA Foundation Grant
Date: 2012-02-06 07:19:56
Two years following the devastating Haiti quake, Save the Children has received a $400,000 donation from the IKEA Foundation for a literacy program for Haitian children. The donation will help...
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The government pays to Hungarian Sugar Ltd
Date: 2012-02-03 17:51:06
The government is willing to pay the money promised to sugar beet growers within the compass of a national support regulation. The cash will be paid in advance to Hungarian...
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