News and articles
More than Two-thirds of global consumers surveyed changed spending habits to save money
Date: 2012-07-17 14:04:08
Global consumer confidence declined three index points to 91 in Q2 2012, and is up two index points from the same period the previous year (Q2 2011), according to global...
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GfK: sports events can increase the beer and snacks sales
Date: 2012-07-17 13:30:15
The major sport events can increase the sales of beer and snacks, but the general economic situation and the weather significantly affect the turnover as well. According to the household...
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KSH: growing cattle, decreasing pig population
Date: 2012-07-17 13:10:39
In the past six months, the number of cattle and sheep increased, while the number of pigs decreased – announced the Central Statistical Office (KSH) on Tuesday. The number of...
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Bread prices will increase significantly in the autumn
Date: 2012-07-17 13:00:26
According to the grain-milling industry participants, bread prices may increase significantly by as much as 15 percent in the autumn. Retailers, consider that a more moderate, single-digit price increase will...
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The dairy farmers can be the big losers of the land law
Date: 2012-07-17 12:10:28
The agricultural companies could only have the right to lease lands with the pre-employment of a certain number of employees – can be read in the land law submitted to...
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Coca-Cola’s second quarter was better than expected
Date: 2012-07-17 12:08:29
Coca-Cola reported better than expected second quarter results, thanks to increasing domestic and foreign sales volume. The company's net profit at the same time, decreased from 2.80 billion USD to...
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The removal of wine by-products and distillation will be simplified
Date: 2012-07-17 11:50:28
The Ministry of Rural Development (VM) simplifies the procedures related to the removal of wine by-products (marc and lees) and the procedures related to distillation will be more simple as...
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Samsung leads on the market of smart phones
Date: 2012-07-17 11:42:49
Samsung increased its lead in front of Apple and Nokia on the global smartphone market – states the analysts of the Reuters news agency. Samsung, thanks to its new top...
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Collective agreement renewed at Spar
Date: 2012-07-17 11:01:03
The Spar Magyarország Kereskedelmi Kft. has signed the renewed collective agreement with its own meat plant, the TANN Magyarország Kft., and with the Trade Union of the Commercial Employees (KSZ)....
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Coca-Cola music for the Olympic Games
Date: 2012-07-17 09:17:10
Coca‑Cola and Grammy award-winning music producer Mark Ronson have travelled the world, capturing the sounds of five different Olympic sports and blending them into one song that brings the spirit...
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Tesco supports the paralympic team with 35 million HUF
Date: 2012-07-17 07:45:03
The CEO of Tesco has given a total of 35 million HUF support to the president of the Hungarian Paralympic Committee, within the compass of the official farewell-party of the...
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EC is not willing to get involved in the issues of the milk-market
Date: 2012-07-16 21:28:31
Since the beginning of 2012, a drop in the demand for dairy products on world markets has led to a significant decrease in market prices for these products between January...
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Black grain trade decreased by more than 50 percent
Date: 2012-07-16 13:10:02
Black grain trade in Hungary decreased by more than 50 percent, following the 1 July introduction of the reverse VAT – Vancsura József, Chairman of the National Association of Cereal...
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Magazine: Preferential Sourcing System: economising and market opportunities
Date: 2012-07-16 12:43:42
VOSZ-BESZ Zrt. was founded by the National Association of Entrepreneurs and Employers (VOSZ). It worked out a Preferential Sourcing System (KBSZ): those companies that join the system provide SMEs with...
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In Europe we are the champions in price increases
Date: 2012-07-16 12:10:10
In the EU Member States, the harmonized consumer price index was 2.6 percent, in the euro zone it was lower: 2.4 percent. The EU’s statistics show that in Hungary this...
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Company establishments are weakening due to coupon offers
Date: 2012-07-16 11:55:28
The demand for company establishments are weakening for years: while before 2008 the number of businesses increased generally by 5-6 percent annually, it has fallen below 2 percent nowadays –...
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Melon exports started in Eastern Hungary
Date: 2012-07-16 11:40:23
Melon exports have started from the East-Hungarian region. The region's largest exporter company, the Nyíregyháza-based Rádium Kft. has shipped about 50 trucks of melons to the Northern European countries until...
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Tesco bought a hypermarket in Komárom
Date: 2012-07-16 11:25:41
The Tesco chain will will take over the Hypernova hypermarket and its petrol station on 17 September in Pozsonyi Road in Komárom – TASR Slovak state news agency informs. The...
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Lidl does not increase prices due to the telecommunications tax
Date: 2012-07-16 11:17:31
Similar to Tesco Mobile, Lidl’s Blue Mobile will not increase its minute fees and SMS tariffs, due to the telecommunications tax introduced from 1 July. Lidl launched its own branded...
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Wine and guitar in the wineries and winehotel of Farkasmály
Date: 2012-07-16 11:07:48
The wineries and winehotel of Farkasmály, Gyöngyös was the home to the closing night and gala of the 4th Guitar Days of Gyöngyös from 14th to 16th July 2011, the...
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More than a week of pancake frying in Derekegyháza
Date: 2012-07-16 11:00:08
Pancakes were prepared for more than a week in Derekegyháza, Csongrád county. During this time, more than 35 thousand pieces of pankakes were made. Sárai Zsolt, organizer of the festival,...
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U.S. retail sales further declined in June
Date: 2012-07-16 11:00:02
Instead of the expected rise, the U.S. retail sales continued to decline in June – announced the United States Department of Commerce. After the 0.2 percent drop in May, sales...
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Is wine really the new energy drink?
Date: 2012-07-16 09:00:32
The active ingredient of red wine, the resveratrol increases physical performance, so Canadian researchers hope to use the ingredient in the form of stamina tablets. Resveratrol discovered long time ago...
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TV Eaters – IPTV on the Rise
Date: 2012-07-16 08:36:48
In Hungary leisure time at home has become synonymous with television viewing in the last 25-30 years. Watching TV is a typically passive activity for which content providers found no...
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Human Telex is into glass
Date: 2012-07-16 08:25:19
Guardian, one of the world's greatest manufacturers of float glass and fabricated glass products has signed a contract with Human Telex Creative Agency in order to carry out their new...
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VM: the chamber of agriculture will be the interest reconciliation forum of the entire agri-food industry
Date: 2012-07-13 14:00:18
The most important aim of the law on the Hungarian Agriculture, Food and Rural Economic Development Chamber is to create a unified agricultural chamber, in which farmers, processors and traders...
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Agricultural producer prices have increased by 1.8 percent
Date: 2012-07-13 13:10:24
In May, the producer price level of agricultural products rose by 1.8 percent, compared to the level of the previous year. The price of crop products fell by 1.7 percent,...
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The food industry increased beside declining industrial production
Date: 2012-07-13 12:55:55
In May, industrial production fell by 0.4 percent, compared to the previous year – the Central Statistical Office (KSH) announced on Friday. The working-days adjusted index shows a 1.9 percent...
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The promotion of Hungarian watermelon has started
Date: 2012-07-13 12:40:22
The promotion campaign of the Hungarian watermelon has started. The campaign aims to increase the consumption of watermelon, produced in Jász-Nagykun-Szolnok, and Szabolcs counties – said Budai Gyula Secretary of...
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Chamber of Agriculture: significant yield loss can occur in case of corn
Date: 2012-07-13 12:38:18
This year corn was cultivated on a record-size area on 1.262 million hectares in Hungary, and in early June, the experts expected a good harvest. According to the report of...
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