News and articles
GfK: 135 billion HUF on clothing
Date: 2010-09-29 00:03:21
In the first half of this year, 135 billion HUF was spent on clothing by the Hungarians, six percent less, compared to the previous year. Fewer people are buying clothes,...
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More than half of the Hungarian companies are considered as risky partners
Date: 2010-09-29 00:01:20
According to Coface credit insurer; More than half of the Hungarian companies will continue to be explicitly, or moderately risky business partners. This ratio is persistently higher than the regional...
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Aged wine stocks decrease
Date: 2010-09-29 00:00:50
The mountain village of Szekszárd, expects a decrease in aged wine stocks, after in this year is is expected to be less grape harvested in the Szekszárd wine region. In...
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Western Transdanubian tourism may accelerate
Date: 2010-09-29 00:00:25
Travel industry professionals arrived to Western Transdanubia for the first time from Romania, Bulgaria and Poland, where they could become acquainted with the opportunities and the capabilities of the region....
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German consumer sentiment is on its three-year peak
Date: 2010-09-29 00:00:05
Thanks to the continuation of economic recovery, declining unemployment and a moderate decline in prices, the German consumer sentiment improved in September, exceeding the expectations. According to the GfK market...
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One million HUF fine for Lyoness
Date: 2010-09-29 00:00:01
The Competition Authority fined Lyoness for one million HUF, because Lyoness did not fully informed the customers. Lyoness had not given full informations in three paid commercial appearances in the...
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The ministry would reduce the VAT of food products
Date: 2010-09-28 00:02:28
The Ministry of Rural Development proposes the VAT reduction of basic foods and cereal products – informs the Ministry of Food and Supervision Secretary of State in Bak, Zala County....
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The EU votes on sugar-free fruit juices
Date: 2010-09-28 00:02:20
The European Union would ban sugar from the fruit juices. They would also regulate, that the juices made of concentration could not be marketed as 100 percent fruit juices. In...
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Bread prices may rise permanently
Date: 2010-09-28 00:02:20
In a few months white bread prices may rise up to 30 percent. By the end of the year, around 300 HUF should be paid for a kilogram. The price...
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Hungaria 55: This number represents the Hungaria champagne brand in 2010
Date: 2010-09-28 00:02:01
The Hungaria champagne brand, that was founded in 1955, is celebrating its 55th birthday this year. On this occasion, the Hungaria Champagne winery created the Hungaria 55 brand, a champagne,...
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Russian food price stop to be cancelled
Date: 2010-09-28 00:01:59
The price of foods with social significance will not be frozen in Russia – reports the Russian newspapers on Monday. It is reported, that the participants at the Supervisory Board...
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A new trade war between China and the U.S.
Date: 2010-09-28 00:01:05
China announced that imposes import duty of the U.S. poultry products. According to the communist country, these products are marketed unfair, on dumped price. In the next five years, the...
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New diections at Nestle
Date: 2010-09-28 00:01:00
The Swedish Nestle SA, has created the Nestle Health Science SA subsidiary and the Nestle Institute of Health Sciences in order to break a new route between the food and...
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Starbucks coffee becomes more expensive
Date: 2010-09-28 00:00:55
For the drinks demanding exceptionally high labor and raw materials a higher price should be paid soon at the Starbucks coffeeshops – announced recently Howard Schultz. The CEO of the...
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Unilever is buying up a hair care products manufacturer for 3.7 billion USD
Date: 2010-09-28 00:00:05
Unilever PLC, announced an agreement over the purchasing of the hair-care products manufacturer Albert Culver Co. Unilever would buy Alberto for 3.7 billion USD, 37.5 USD per share. The purchase...
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Two billion deal on the horizon: the Bright Food would buy a confectionery producer
Date: 2010-09-28 00:00:01
China's Bright Food have secret talks over the acquisition of the British, United Biscuits (UB). According to the informations of The Sunday Times; the Shanghai-based company would buy the confectionery...
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The improvement of the GKI sentiment index came to a halt in September
Date: 2010-09-27 00:03:52
The almost continuous and robust growth of the (seasonally adjusted) value of the GKI sentiment index came to a halt in September. According to the latest survey of the GKI...
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Brandfestival 2010: the spirit of the new economy
Date: 2010-09-27 00:03:20
The communication and marketing profession arrived to a strategic changing point. The key theme of this year’s Brandfestival will be; how the sector can be renewed. This year’s Brandfestival 2010...
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Every fifth turkey is exported from Hungary
Date: 2010-09-27 00:01:52
The Hungarian turkey sector constantly loses its position in the last six years, but it is still dominant at the European and even at the world market – states the...
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Brau Beviale 2010: the “gathering” of the beverage industry
Date: 2010-09-27 00:01:48
The Brau Beviale 2010 will be held between the 10th and 12th of November 2010 in Nuremberg. The Brau Beviale is the most important international beverage industry fair of the...
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Auchan employs disabled persons
Date: 2010-09-27 00:01:05
Auchan Hungary employs hundreds of disabled workers in its 12 stores from 2010, as cashiers, hostesses or salesmen. Auchan Hungary has signed a cooperation agreement with Work Force Kft., personnel...
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The new provisions of Pálinka distillation enter into force today
Date: 2010-09-27 00:01:05
The new excise tax rules of own and rented distilling enter into the force on Monday. An annual fifty liters of distillate of 86 degrees for own consumption is tax...
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Pasta factory to be built in Verpelét
Date: 2010-09-27 00:00:25
A specialized, frozen, stuffed pasta factory is being manufactured in Verpelét, with a base area of 5400 square meters. The investment may give jobs to 150-200 people. The investment will...
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The Benedictines are building a mineral water bottling plant
Date: 2010-09-27 00:00:05
The Bencés Ásványvíz Palackozó és Kereskedelmi Kft. (the Benedictine Mineral Water and Trade Ltd.) will build a mineral water bottling plant in Ravazd, with 80 million HUF costs. The company...
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The new Széchenyi Card Investment Loan started from the 1st of September
Date: 2010-09-24 00:09:55
The Hungarian government plans to support the micro, small and medium enterprise sector in order to recover the economy. With the three element of the Széchenyi Card Program (current account,...
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B & P, Braun & Partners made brand rankings in another country
Date: 2010-09-24 00:07:25
In Hungary the cult domestic brand, the Pöttyös Túró Rudi finished on the top of the rankings, while in Romania, the Coca Cola is the most powerful brand. The twelve...
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VEX and UX: The GKI – Microsoft competitiveness and environmental indices
Date: 2010-09-24 00:03:12
The Competitiveness Index (VEX) decreased in Romania, in the second quarter, compared to the previous, while in the other countries increased, with the most in Poland. The business environment index...
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World trade turnover declined in July
Date: 2010-09-24 00:01:25
According to the datas of CPB; World trade turnover decreased by 0.8 percent in July, which suggests that the economic recovery has lost momentum. World trade declined in July, the...
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The website of Mars has been renewed
Date: 2010-09-24 00:01:02
Mars Hungary uptated its website with richer informations, international and domestic corporate news and with raising awareness examples in September 2010. The focus remains on the five principles ensuring the...
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Henkel strengthened its leading position in the sustainability ranking
Date: 2010-09-24 00:00:58
Henkel, had been included to the Dow Jones global sustainability index (DJSI World) and to the Dow Jones Europe Sustainability Index (DJSI Europe) for the fourth time. The company is...
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