News and articles

PANNONMILL become GoodMills

Hungary's leading milling company, the PANNONMILL Private Limited Milling’s new name become GoodMill, due to an owner name change – includes the company's press release. The company's new corporate name:...

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Miele’s brand new sets of equipment will be unveiled at the Kitchen Exhibition

Miele Kft. unveils the new 6000 series of its household appliance at Hungary's only themed kitchen exhibition. The 6000 series is the company's most comprehensive development projects in history of...

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Twenty thousand packets of cigarettes were seized in Tata

When checking an Italian shipment twenty thousand packs of cigarettes were without tax stamps – the press officer of the Mid-Transdanubian Regional Crime Directorate of the National Tax and Customs...

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The Philips accelerates its “Green Innovation” program

The company reported that the sales of green products provided almost half of the total sales in the previous year. In 2012, the sale of green products increased with 11.3...

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Capital increase at Pápai Hús by mid-March

By mid-March, capital increase may take place at Pápai Hús 1913 Ltd, the mayor of the city Pápa announced within the compass of its meeting on Wednesday....

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POPAI Hungary Association celebrates its 10th birthday this year

POPAI Hungary Association celebrates its 10th birthday this year. ‘Innovation around the world’ is the motto of this year’s programmes and the first event will be the ‘Trade marketing, my...

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HUF 600 billion in municipal debt consolidation on the agenda

Easing the burden on municipalities was again on the agenda of Tuesday’s cabinet meeting. It was decided that HUF 600 billion of local council debt, including 60 per cent of...

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Food VAT cut and new agricultural tax system?

In mid-March, the the possibility of reduced VAT on foodstuffs will be once again submitted to the government. Interdepartmental negotiations and product-level impact studies are being conducted in the case,...

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Half of the costs can be saved with a webshop

Those webshops may lose up to half of their customers, that do not introduce credit card or other online payment options, as the customers tend to buy in webstores that...

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The cashiers can be only serviced with new licenses

It is an important change for servicers and technicians that they have to trigger new technician cards and seal printers to able to mend the new cashiers. From now a...

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Increasing ham sales, the Sága delicious turkey ham in the stores again for Easter

The Sága Foods Zrt. for this year's Easter season once again introduces itsdelicious cooked turkey ham. The harmonious and traditional Hungarian flavors (smoked paprika), cured ham, made ​​of pure turkey...

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There is a lack of customer service companies in health care and in trade

In the last period, especially in the banking sector, the telecommunications companies and utilities boosted relations with their clients, while healthcare and some parts of the public sector are still...

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The sales of Kupon Világ exceeded 1.4 billion HUF in 2012

The entire turnover of Kupon Világ was more than 1.4 billion HUF in 2012 in Hungary. This is a 57 percent increase, compared to the previous year – the company...

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The Zebra expands with iPhone compatible printers

The Zebra Technologies Corporation (NASDAQ: ZBRA) announced today the marketing of its iMZ220 ™ and iMZ320 ™ printers. The new mobile printers belong to the family of printers that facilitate...

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Raspberry with high degree” new premium flavor at Rézangyal

Rézangyal’s premium product line was extended with new flavors. The 55-degree high alcohol content of raspberry carries the flavor of berry. The new spirit carries youthful fragrance, silky, fresh citrus...

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ChillAir – Marin's promotional cooler display solution testified at a domestic test

The new ChillAir cooler display solution closed a successful domestic hypermarket test. In the scope of the cooperation of Borsodi Brewery and Marin's Central Europe the CillAir cooler display solution...

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Lives lived on Instagram

At Christmas many people changed their old mobiles to smartphones and at the same time the popularity of online photo-sharing service Instagram grew. This application makes it possible to edit...

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Fidesz is about to reduce VAT for basic food items

Prime Minister Viktor Orbán held his traditional state-of-the-nation speech on 22 February in Budapest, providing a comprehensive assessment of the past year’s achievements and paving the way for future steps...

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KSH: volume of retail sales in December fell by 2.1 percent

In December last year the volume of retail decreased by 2.1, in the entire year by 1.9 percent, compared to the datas of the previous year – the Central Statistical...

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Analysts: less-than-expected decline in retail sales last year

According to analysts polled by MTI, retail sales decreased less-than-expected last year. The analysts expect a decline below 1 percent, which would be lower than last year’s data. The national...

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Ipsos: consumers pay for the extra costs packaged in the promise of sustainability and freshness

Ipsos asked consumers in 26 countries, about the situations when they would pay more for food products because of  the uniqueness of packaging. The two main reasons, are: 55 percent...

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Last year was the year of growth, this year will be the year of consolidation at Auchan

Last year the turnover of Auchan Magyarország Kft. increased by 10 percent thanks to the join of the 7 new stores, in spite of the market trends in national retail....

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The opposition parties urge the reduction of VAT on basic food products

The reduction of VAT on basic food products was urged at the opposition parties’ coordination meeting on Monday. The Socialists informed MTI about the coordination meeting of the MSZP, the...

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Local currencies: catalysts for local economies

The Soproni kékfrank is in circulation since May 2010, while the Balatoni korona was launched last year. Their financial coverage can also bears interest – said Varga István, the chairman...

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Recent food-adulteration scandal in Germany

After the horse meat scandal, another food safety scandal raises waves in Germany. According to Monday's press reports, millions of eggs, produced in large plants were sold as organic eggs....

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Foreign luxury firms restrain their expansion in China

Several large international luxury companies will restrain their expansion in China this year, especially due to the slowdown in sales and because of the central government’s offensive campaigns against luxury...

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No horse meat derivatives were found at the Hungarian IKEA

No horse meat derivatives were found in food products sold in the IKEA in Hungary – IKEA Magyarország told MTI on Monday. In Hungary, two tests were performed: both the...

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GKI: Only consumers’ pessimism eased in February

The GKI-Erste economic sentiment index adjusted for seasonal effects failed to reach its last year’s peak in February. Following a four month long continuous improvement it was already close to...

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The Ministry of Rural Development proposes a VAT reduction

The Ministry of Rural Development submits its VAT cut proposal in mid-March – the Magyar Hírlap informs. The burden would be reduced in case of several products, but they does...

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Czerván: the sales of agriculture increased last year

Agricultural production value increased last year. On the basis of the preliminary datas it was amounted to 2,229 billion HUF, compared to the 2,168 billion HUF of the previous year...

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