News and articles
Huge interest at the tourism exhibition of Hungexpo
Date: 2010-10-25 14:12:40
According to the communication of Hungexpo; Hoventa the International hotel, catering and gastro-technical exhibition successfully closed on Friday night: Compared to last year, about 70 percent more professionals visited the...
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Russia maintains the ban of grain export
Date: 2010-10-25 14:11:54
The Russian government extended the ban of cereals export, in its meeting in Rostov at the weekend. Exports were stopped by the government from 15 August, because only 60 million...
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The special tax slows down the expansion of retail chains
Date: 2010-10-25 13:16:27
It seems that the hypermarket tax slows down the expansion of the retail chains. Auchan spokesman said that the chain has to review its expansion schedule, because of the tax....
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Coface: growing insolvency and problems in retail businesses
Date: 2010-10-25 12:55:45
In the first nine months of 2010, the insolvency of companies grew to 18 percent as compared to the rate of this time last year, the growth rate on the...
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GKI's economic sentiment index reached its four-and-a-half-year high in October
Date: 2010-10-25 12:24:22
GKI's economic sentiment index adjusted for seasonal effects has not been as high as now since four and a half years. According to the survey conducted by GKI Economic Research...
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New visitor-center opened by Bestillo Schnaps House
Date: 2010-10-25 11:43:42
The visitor-center of Bestillo Schnaps House has opened its gates in Boldogkőváralja on 21st October this year. The investment is worth 90 million HUF and has been sponsored partly by...
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Food marketing in the focus of the conference by Hungarian Marketing Association
Date: 2010-10-25 11:37:19
The 20 year-old Hungarian Marketing Association is about to launch a conference on 3rd and 4th November, where food marketing is going to have a seperate section led by Balázs...
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HOVENTA 2010 – METRO introduced its Customer Academy
Date: 2010-10-22 23:17:52
METRO Group Ltd. has proven to be one of the greatest exhibitors of the HOVENTA exhibition in 2010, where the so-called METRO Customer Academy had the chance to present itself,...
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Nestlé's sales increased by 4 percent in January-September
Date: 2010-10-22 18:57:48
The world's largest food and beverage distributor reported on Friday that in the first nine months of this year its turnover totaled 82.77 billion Swiss francs, exceeding last year’s datas...
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The worst honey crop of the last 50 years
Date: 2010-10-22 18:54:55
Over the past fifty years, there has never been so bad honey crop, as in this year – claim the beekeepers across the country. Beside the cold, rainy weather bee...
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Button managed credit cards from Citybank
Date: 2010-10-22 17:01:03
Citibank will soon begin testing its new type of credit cards in the United States. The modern plastics can be controlled by buttons, and are much “smarter” than their predecessors....
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The crisis tax is inconceivable – says the first man of Spar
Date: 2010-10-22 16:50:04
The Hungarian crisis tax is “incomprehensible and illegal” – criticized Gerhard Drexel the head of the Austrian Spar network, the crisis tax that should be paid by the Hungarian subsidiary....
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CBA expands in Slovakia
Date: 2010-10-22 15:07:16
The CBA Hungarian food retailer chain gained extremely strong position in Slovakia, and in and around Pozsony. According to the Thursday publication of Hospodárské Noviny Slovakian economy newspaper; the COOP...
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The illegal market swallows the one-third of the food VAT
Date: 2010-10-22 15:06:36
Sugar phantom companies have gained large profits. On a truckload they gain up 600 – 700 thousand HUF. In Hungary's only operating sugar factory in Kaposvár the owners are guessing...
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Award for SPAR and METRO for sustanaible corporate behaviour
Date: 2010-10-22 13:32:21
SPAR Hungary Ltd. and METRO Group Assets have received an award together by Követ Egyesület for an otstanding survey on sustainable and environmental-friendly corporate behaviour. In the SPAR Worldwide organisation...
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Better-than-expected German business sentiment
Date: 2010-10-22 13:29:28
The 2010 October sentiment indicator of the Munich-based Ifo Institute Economic Research increased above the expectations. The index increased to 107.6 points from the 106.8 points of September after the...
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Aid by Clorox to the redmud-victims – again
Date: 2010-10-22 10:39:41
DunaPro Ltd, producer of the brand Clorox in Hungary, has collected a special aid to the victims of the redmud catastrophe: their help mainly consists of whitining and cleaning devices....
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Pet food worth 20 million HUF to the redmud-victims by Nestlé Purina Petcare
Date: 2010-10-22 10:24:37
The victims of the red mud catastrophe have received a special aid worth 20 million HUF by Nestlé Purina Petcare: this time the help goes to the animals in need....
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Special aid of 1 million HUF by Törley to the victims of the redmud catastrophe
Date: 2010-10-22 10:04:43
Törley Ltd. has offered a special aid of 1 million HUF to the victims of the redmud catasrtrophe, and asked all other wineries to support the victims if possible. The...
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The OKSZ expects expanding consumption for Christmas and for the next year
Date: 2010-10-21 20:11:58
Traders expect larger turnover this year, compared to 2009. The National Trade Association (OKSZ) based its optimism on the fact that traffic started to grow in the second half of...
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Growth in volumes and sales at Danone
Date: 2010-10-21 19:19:03
Danone reports on solid 3rd quarter 2010 growth in volumes and sales. Full-year targets 2010 confirmed – Marketwatch announced. Highlights: – Sales increased 6.9% in both the 3rd quarter and...
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McDonald's did not cause disappointment
Date: 2010-10-21 18:07:50
McDonald's has published its third quarterly reports and the company did not cause disappointment. The company’s performance is above the expectations, both in profit per share, both in revenues. McDonald's...
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Hungarian milk may ease Serbian milk deficit
Date: 2010-10-21 17:27:20
Serbia plans to import a monthly 5-7 million liters of milk to ease Serbian milk deficit. Among the suppliers, the Hungarian dairy industry can also get an order. In September,...
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The EU decided over the 30-day payment period
Date: 2010-10-21 16:24:46
With its decision on Wednesday the EU maximized the payment terms, so the companies have to equalize their accounts within 30 days and under certain conditions, within 60 days. According...
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Wine tourism centre opened in Southern Transdanubia
Date: 2010-10-21 16:22:40
The wine tourism centre will help wine market access for the wines of the Pannon Wine Region. The wine tourism centre opened on Wednesday in the Vince Street of Pécs....
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EBay’s result beyond the expectations
Date: 2010-10-21 16:21:40
The EBay Inc., the company that operates the world's largest auction portal reported better than expected results, and also improved its annual projections. Revenues were boosted by the PayPal payment...
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German retail chains are afraid of Hungarian precedent
Date: 2010-10-21 16:20:12
The German retail chains, fear that other Central and Eastern European countries – following the Hungarian precedent – will also introduce a special tax. According to the chains; the special...
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Special aid to the victims of red mud catastrophe by Tesco customers
Date: 2010-10-21 14:30:58
Tesco Global Áruházak Ltd. has gifted a special aid worth several million HUF right after the red mud catastrophe, and on 13th October the giant retailer started a special charity...
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Syrian-owned Biotech opens new plant in Hungary
Date: 2010-10-21 14:07:43
Syrian-owned Biotech on Thursday inaugurated an almost 2,000sqm medical implants plant in Diósd, near Budapest, employing about a hundred people at the moment (200-250 soon though), and annual revenue could...
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Sparkling natural mineral water adds bottle created by famed Italian designer Missoni
Date: 2010-10-21 13:45:47
Available in October for a limited time only, the Missoni-inspired bottle was commissioned by Kékkúti Ásványvíz for the S. Pellegrino Italian Talents program. “The goal of this initiative is to...
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