News and articles

Consumer confidence is on its four-year peak in the the world's largest economy

Consumer confidence increased to its more than four-year peak in May in the United States: The joint confidence index of the University of Michigan and Thomson Reuters increased to its...

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Praktiker and Max Bahr's profile is changing

The supervisory board of Praktiker Group approved the restructuring plan of the financing of operation, that includes an investment loan of 85 million euros as well. The plan of the...

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Mall constructions continue in Croatia

Construction market in Croatia shows a slow progress. Mainly the highways can pull the sector, but commercial real estate developments will continue as well, which means that more and more...

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Eight Hungarian companies are launching a prize show

Eight Hungarian companies are launching a prize show to promote high quality HUngarian products. The main prize is 11 million HUF, you can get more information at www.amagyartermek.hu...

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More than 20 thousand visitors celebrated the year of apricot

More than 20 thousand visitors have visited the 7th Spiritfestival of Budapest at the Buda Castle, with 25 exhibitorsand nearly 400 spirits. 2012 was the year of apricots....

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Aston Martin opening the doors of its first dealership

Aston Martin is to enter the sovereign country of Luxembourg, opening the doors of its first dealership under the leadership of the Arnold Kontz Group. Holding over 50 years of...

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Uj Peter exercised the freedom of speech

Péter Uj has written an article in 2008 about Tokaj Kereskedház, in which he referred to the poducts of the famous winehouse as “trash everybody lies about”. The company has...

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GKI: purchasing power of the population will decrease by two and a half percent this year

This year, the purchasing power of the population will decrease by about 2.5 percent. It will be the fifth year since since 2006, , when – except for last year's...

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OKSZ: the marking of eggs per kilogram is not a good idea

The indication of the unit price for a lot of food is mandatory, in the case of eggs it could be problematic – writes in the National Trade Association (OKSZ)...

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Consumers International recommendations for the UN high-level summit on non-communicable diseases

Three of the four main risk factors for NCDs relate directly to consumer issues. Consumers International (CI) calls on world leaders to support consumers through education, principled advice, restrictions on...

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Slow economic recovery may start in Europe in the second part of this year

The European Union’s economy is currently in a mild recession, but in the second half the slow recovery from the crisis is expected to begin – projects the European Commission...

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Agricultural program starts in Szabolcs and in Hajdú-Bihar counties

Two new program will provide jobs to two hundred people in Szabolcs-Szatmár-Bereg and Hajdú-Bihar counties – announced Czomba Sándor, Secretary of State at the National Economy Ministry (NGM), responsible for...

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The public day of the Pannon Wine Competition will be held on Saturday

The organizers of the 13th Pannon Wine Competition will held a public day on Saturday. The visitors can take part in masterclasses with internationally recognized experts, and can taste the...

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The quality of Hungarian pálinka represents Hungary worthy

The pálinka can achieve the top spot among the hungarikums as it is a value that worthy represents Hungary in the world – said Budai Gyula, Parliamentary Secretary of the...

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Besides increasing revenue Carlsberg is making loss

Despite the increasing sales, Carlsberg’s after-tax profit turned negative in the first quarter of 2012. The Danish brewery beside 12.9 billion crowns (2.3 billion USD) turnover, recorded  76 million crowns...

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Shanghai remains the most competitive commercial center in China

Shanghai has remained the most competitive commercial center in China, however, the city is experiencing difficulties in growth prospects. As in the previous years the Finance and Economics University of...

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The wine city is under construction in the downtown of Szeged

From May 18, the most of the Hungarian winemakers will move to Szeged for ten days. A total of 120 producers will offer their products – told Licsicsányi Ilona managing...

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The European Commission proposes the equal taxation of vouchers

The European Commission proposes that all types of vouchers to be equally taxed in all Member States. The market of vouchers has an annual 52 billion euros market in the...

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The wage of entry-level workers increased

Entrants can expect the highest wages in the information technology sector, a monthly 246 thousand HUF – shows the recent survey of fizetesek.hu. run by Workania job portal. On the...

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VM: significant increase in the income of agricultural producers

According to the preliminary datas of the Agricultural Economics Research Institute (AKI), the income of individual farms increased by 47 percent last year, compared to the previous year – informed...

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Bees are collecting less honey from the frozen acacia trees of Szabolcs-Szatmár-Bereg county

This year, bees can collect less honey from the frozen acacia trees of Szabolcs-Szatmár-Bereg county – told the regional adviser of the Hungarian National Beekeeping Association (OMME) on Thursday to...

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One hundred previous job seekers will work in the new Tesco in Debrecen

Hundreds of former long-term job-seekers got a job in the new Tesco store in Debrecen – announced Czomba Sándor, State Secretary of the National Economy Ministry responsible for Employment Policy,...

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NÉBIH focuses on strawberry cheaters

More and more foiled Hungarian strawberries are on the shelves, where they still should have compete with the much cheaper Spanish strawberries. Between their prices the difference is high, because...

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Sopron will host the competition of Gamay wines for the first time

The International Gamay Wine Competition will be held for the first time out of Szekszárd: Sopron will host this year’s competition on 30-31 May. Rigler Zsolt, the secretary of the...

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The Chinese consumers will push the global luxury market in the forthcoming years

The Chinese consumers will push the global luxury market in the coming years – predicts the CLSA broker and investment group. Among others, the rising Chinese middle class will help...

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Veet: silky smooth skin with ease

The hair removal expert, Veet ® came up with an innovative home waxing kit. Veet® EasyWax™ can be used easily. The novelty of professional hair removal thanks to its components...

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Helly Hansen official supplier of 470 World Championships in Barcelona

Helly Hansen has initiated in Spain collaboration with the Federacio Catalana de Vela. As a first result, Helly Hansen will be the Official Partner of the 470 Class World Championships...

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Collation between the Ministry of Rural Development and the chain of stores on the milk industry's problems

The Ministry of Rural Development (VM) collated with chain of stores in Budapest on Tuesday to find a solution to the emerging dairy market crisis – said Budai Gyula, Parliamentary...

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Slowing exports, while weak domestic consumption slows down imports

In March, the forint value of exports increased by 3.5, the forint value of imports by 6.7 percent – the Central Statistical Office announced on Wednesday. Export value in euros...

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The first development of the Gyermelyi Logistics Ltd. is ready

The Gyermelyi Logistics Ltd. realized its first development  with a 780 million HUF investment, of which 250 million was the EU funding – the company told MTI. MTI Photo: Kovács...

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