News and articles

Euro area GDP down by 0.6% and EU27 down by 0.5%

GDP fell by 0.6% in the euro area1 (EA17) and by 0.5% in the EU271 during the fourth quarter of 2012, compared with the previous quarter, according to flash estimates2...

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Analysts: inflation may continue to fall, to 3.2 – 3.6 percent by the end of 2013

Analysts said that inflation certainly continues to decline until mid-year will and can decrease to 3.2 – 3.6 percent by the end of the year, so according to the projections,...

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The National Economy Ministry examines the possibility of VAT reduction on food products

The Ministry of National Economy Ministry examines the possibility of VAT reduction on basic food items, but no decision was born yet – InfoRádió writes. According to the recent study...

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The Ministry of Rural Development initiated to certificate fruit wines as intermediate alcohol product

The Ministry of Rural Development (VM) initiated to certificate fruit wines as intermediate alcohol product at the Ministry of National Economy and initated strict controls at the National Food Chain...

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Connections should be established between NAV and the cash registers until 1 May

According to the most recent Magyar Közlöny, Connections should be established between the National Tax and Customs Administration (NAV) and the cash registers until 1 May. The government decision calls...

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Thirty tonnes of pig meat was blocked by Nébih

The National Food Chain Safety Office (Nébih) forbidden the marketing of thirty tons of frozen pork, after a check held at a wholesale warehouse in Budapest – Nébih informed MTI...

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Nestlé had a great year

Nestlé closed last year with a 10.6 billion Swiss francs net profit. This is 11.8 percent more than in 2011. The revenue rose by 10.2 percent to 92.2 billion Swiss...

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The Fish Festival in Budapest debuts with fish-flavored candy-floss

The visitors of the festival can meet products from fish-flavored candy-floss through African catfish slami, to Russian fish soup withvodka. The Fish Festival in Budapest will await its guests between...

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MTA’s Wine Competition winners were chosen

Wines from Tokaj Villány, the Uplands, Szekszárd, and from the Great Plain can bear the Wine of MTA 2013 title this year. This is the fourth time that the MTA...

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The consumer may pay the fee of returning the product?

Internet merchants have had enough that the buyers return those goods to them that they don’t like and the merchants should pay the extra costs. According to the new EU...

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Hungary is participating at Europe's largest organic trade fair

Hungary takes part at Europe's largest organic trade fair at the BioFach trade fair held in Nuremberg between 13-16 February – the Ministry of Rural Development (VM) told MTI. According...

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Cargill has become the main sponsor of the “Cast yourself into!” program

The Cargill Magyarország Zrt. and the Hungarian Association of Young Farmers (AGRYA) signed a grant agreement, according to which the company interested in agriculture became the main sponsor of the...

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Coca-Cola’s profit declined in Europe, but increased overall

Coca-Cola’s profit and sales increased less than expected in the fourth quarter of last year. The Coca-Cola’s after-tax profit was 1.87 billion USD, 41 cents per share, in the three-month...

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In China customers can check suspicious food products with test strips soon

Paper test strips soon to be available to the general public in China, that will allow anyone to check a variety of foods, in particular: are there harmful drug residues...

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New commercial director in the management of the Debreceni group

From the end of January Szitai Ádám will be the Commercial Director of the Debreceni Group. The expert earned economics degree at the Foreign Trade College, then completed the MBA...

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Smart City: smart technological solutions in favor of environmental awareness

Green building, energy design, environmentally friendly buildings, smart solutions – these concepts are indispensable in modern and sustainable urban planning. The the Smart City conference was opened by Dr. Ewa...

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Magazine: Drink trends in 2013

According to various US and European sources, the following trends are likely to prevail in 2013: growing popularity of sweet wines, special beers will appear in exclusive restaurants – together...

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Wine-Blues-Sticker Days in Veszprém for the first time

The Wine-Blues-Sticker Days in Veszprém will be organized for the first time in early March. At the culinary days, the icons of blues music will perform – Porga Gyula, mayor...

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Online sales value is close to 28 billion euros in Germany

Clothes, computers, books: the Germans are purchasing more and more products through the Internet. In Germany, the volume of online trade last year increased significantly, by 5.9 billion euros, ie...

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Photo exhibition of paralympics at the Tesco stores

Starting from today, the exhibition at Tesco Extra at Váci street, Budapest is open to visitors. The exhibition illustrates the best moments of the London Paralympics 2012, and is going...

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Miele was chosen to be the best brand

High-end appliance maker Miele has received Germany's ‘best product brand' award for the sixth consecutive year and was ranked as the number three ‘best company brand.' The awards are basked...

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The Ministry prepared the standards of potato

According to the the website of the government, the Ministry records the specifications on the early (new) and stored potatoes Early potatoes can be considered as: “without peeling the skin...

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Analysists of London: Hungary is lucky with the dramatic change of market expectations

Hungary raised $3.25 billion in its first foreign bond sale in 21 months, returning to the markets after Prime Minister Viktor Orban abandoned a quest for International Monetary Fund support....

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Auchan increased its turnover and the number of its customers in Hungary

Turnover increased by 10 percent in 2012 to 300 billion HUF in the 19 Auchan stores in Hungary, compared to the previous year, while the number of customers increased by...

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A Hungarian fast food network will be launched with the capital support of the Széchenyi Capital Fund

The Széchenyi Capital Fund supports the plans of the more than 30-year-old Hungarian Crown Foods Kft. with 49 million HUF –  the Board of Directorate of the Fund announced The...

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Continental: Hungarian manufactured products to the national tobacco shops

The president of the Continental Dohányipari Zrt. is hoping that mainly those candidates will get concession on the tobacco shop tender who expressly agrees the sales of Hungarian produced tobacco...

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New sales leader at the Szentkirályi Ásványvíz Kft.

From January 2013 Barnáné Vitárius Márta will be the new sales manager at the Szentkirályi Ásványvíz Kft.. She will lead a 36-member team and will be responsible for sales activities,...

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Kurucz Péter became the Country Manager of Brandbank Hungary Kft.

The Country Manager of the Hungarian subsidiary of the UK based company will be responsible for the supervision activities and professional coordination of the entire company and to develop a...

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The most romantic city in Hungary is Kecskemét

Flowers, chocolates, champagne: These are the hit products in Tesco beforeValentine's day. In relation to the number of inhabitants – the largest volume of these products was  sold in Kecskemét,...

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CBA is considering denouncation due to swindlers

Swindlers are trying to defraud buyers under the name of CBA, therefore the retail chain is considering a denouncation – Fodor Attila, the chain's director of communications told MTI on...

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