News and articles
VOSZ: The ban on Sunday opening hours can cause 250 billion HUF losses
Date: 2010-12-29 15:10:26
According to the calculations of the National Association of Entrepreneurs and Employers (VOSZ); the ban on Sunday opening hours can cause a direct 250 billion HUF losses to the budget-...
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New directives to come in chicken breeding
Date: 2010-12-29 15:04:17
In a few years, Hungarian products should compete with the South American eggs, while thje farmers cannot keep the hens in their conventional cages from 2012, because of the EU...
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27 thousand tons of sausages consumed over a year
Date: 2010-12-29 15:01:00
The popularity of sausages increased during the Christmas-New Year's Eve period of last year. Retail sold around 5,700 tons during November-December, which is 17 percent more than in the comparable...
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M43-motorway to open even later
Date: 2010-12-29 14:47:08
Even though the 31.6 km section of the M43-motorway running between Szeged and Makó should have been opened in late August this year, according to Csongrád-county based newspaper Délmagyarország, it...
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A few thousands have remained in the private pension fund system
Date: 2010-12-29 14:35:54
By 31st January, citizens who want to keep their private pension fund membership need to sign various documents to indicate their decision. MR1-Radio Kossuth was informed that until now, 2040...
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Generali. less damage, more compensations paid
Date: 2010-12-29 14:18:05
Extreme weather-situations have led to an extreme compensations paid by insurance company Generali Providencia. This year, nearly 90 billion forints have been paid by the company, so far. The insurer...
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Hungarian Suzuki checking faulty Swifts
Date: 2010-12-29 13:18:47
Hungarian Suzuki was forced to call back Swifts for controll produced between 1997 and 2002. Due to the rusting of the first dampers, wheelkeeper stubs might fall off, therefore the...
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Aeroviva published the reasons behind the bankruptcy
Date: 2010-12-29 13:10:45
Aeroviva Ltd., the travel agency which announced bankruptcy last week, finally declared the reasons behind the decision. First of all, they pointed out that only half of the travlers they...
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800 million HUF for next year’s school milk program
Date: 2010-12-29 12:35:12
The act on the continuation of the school milk program enters into force from the 1st of January. The support can also claimed by dairy producers as well – told...
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Record fine imposed on fake wine
Date: 2010-12-29 12:11:50
The Food Safety and Animal Health Directorate (MGSZH) of Bács-Kiskun County’s Agricultural Office, imposed 1.4 billion HUF fine on the Akasztó- based plant of Kiskun-Vin Kft., where almost 5 thousand...
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Civil war threatens the cocoa supply of the world
Date: 2010-12-29 12:03:34
Cocoa in Côte d'Ivoire become a factor that can influence the world economy. Ivory Coast's share of the cocoa world trade – according to the 2008 datas of United Nations...
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Promising retail sales in December
Date: 2010-12-28 14:43:24
OKSZ calculates on the basis of the turnover of the pre-Christmas days that in December of this year the population spend about 5 percent more, a total of 840 to...
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Agri prices will increase in 2011
Date: 2010-12-28 14:42:42
The wheat, corn, canola, coffee, sugar, cocoa, soybeans, rice – practically every agricultural product prices have increased this year, and some in a record level. In many cases the prices...
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Next year it may be easier for SMEs
Date: 2010-12-28 14:41:07
The 2010 year was very difficult for the Hungarian micro, family and small businesses, however, the enterprizes look with confidence to the 2011 year – told Szűcs György, Chairman of...
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The number of employees should be increased by ten percent
Date: 2010-12-28 14:40:47
Thanks to the new Széchenyi Plan, 2000 billion HUF may flow into the economy. The number of employees should also be increased by ten percent in Hungary – said Fellegi...
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One-third fewer people love purchase loans
Date: 2010-12-28 14:40:09
As a result of the downturn the popularity of various loans decreasing from year to year, so a drop occured in in apartmant loans and account loans. Many people applied...
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After Christmas comes the swap
Date: 2010-12-28 14:27:10
The unnecessary Christmas presents can be changed back at most of the dealers for a good time. In most places the price of the product can be purchased, but only...
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America paid Online
Date: 2010-12-28 14:20:42
Webstores had a great year end rush. The latest data show that online retail sales during the holidays rose by 15.4% compared to last year – reports CNBC. The traders...
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PC in the phone
Date: 2010-12-28 14:12:41
This year, twice as many people bought a smart phone, than as in last year. An increasing competition is expected. The end of the monopoly of iPad is expected. In...
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Magazine: Cable channels are stagnating, TV2 is getting stronger
Date: 2010-12-27 23:59:26
Péter Kiss, TV2’s programme director is optimistic about the future as the expansion of cable channels was drawn to a halt and the biggest advertisers increased their spending, compared with...
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Burdened risks, but the economy will increase next year
Date: 2010-12-27 16:49:24
This year, economy increases more than expected. For 2011 a further acceleration is expected but there are still risks – summarizes the Világgazdaság Online next year's projections of the various...
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Product-placements are allowed now
Date: 2010-12-27 16:20:36
Product placement will be allowed in UK TV programmes for the first time, media regulator Ofcom have announced. From 28 February 2011, paid-for references for products and services will be...
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Champagne is catching on again
Date: 2010-12-27 15:12:38
The crisis that shook up the world’s financial markets in 2009 did not spare the champagne industry. In 2010, however, the industry began to bounce back. Dr. Stephen Charters, Reims...
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Post-Christmas discount sales to start
Date: 2010-12-27 13:21:06
It is expected, that the post-Christmas discount sales will start today. Due to the accelerated buying habits, the traders do not wait until January, and start the discount sales, in...
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The president of the GVH would strengthen the client-friendly nature of the Competition Authority
Date: 2010-12-27 13:16:01
Juhász Miklós, the new president of the Competition Authority would strengthen the client-friendly nature of the Economic Competition Authority (GVH), that has substancial and technical elements. According to the president;...
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The chestnut puree will be re-regulated
Date: 2010-12-27 12:04:56
The Ministry of Rural Development will continue to campaign against poor quality products: the Ministry’s latest measure will rewrite the 30 year old rule over chestnut products. In many of...
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German manufacturing industry may increase with a slowing rate next year
Date: 2010-12-27 12:02:44
In Germany, manufacturing industry output may increase by approx. 5 percent, so 70 thousand new jobs would be created in the sector. According to the Association of the German Chambers...
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Tesco expands in the Czech Republic
Date: 2010-12-27 12:01:06
Tesco expands its network in the Czech Republic with the purchasing of 128 smaller supermarkets if the company will receive the approval of the competition authority. The British supermarket chain...
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Fewer grapes grew in Pannonhalma
Date: 2010-12-27 12:00:59
Half of the predicted quantity was harvested in the region of Pannonhalma – said Liptai Zsolt, manager of the abbey’s winery. The new wine quality is good but not outstanding....
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Coca-Cola focusing on a new market for non-carbonated brands
Date: 2010-12-27 11:29:01
With the aim to strengthen its non-carbonated health drinks range, Coca-Cola India rolled out its ready-to-drink iced-tea brand Nestea in the Mumbai market. The newly launched drink will be made...
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