News and articles

New leader at PwC Hungary

From 1st July 2012, PwC Hungary has a new leader, Nick Kós. The 44 year-old Irish-Hungarian expert started his carreer at PwC in Ireland in 1990, then moved to Hungary...

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Allee shopping center: co-owners are wanted beside Allianz

The the real estate developer ING Real Estate Development is selling the remaining 50 percent stake of South Buda's newest shopping center. ING RED spokesman informed that currently negotiations are...

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Diageo: profits decreased by one-fifth

The world's largest bewerage manufacturer, the British Diageo Plc’s after tax profit was 953 million pounds in the first half its business year ended in December, 20 percent less than...

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Serbian authorities learn about Rapid Alert System for Food and Feed in Hungary

The Ministry of Rural Development has held an international seminar for the experts of Serbian authorities on RASFF – Rapid Alert System for Food and Feed. The foreign ministers of...

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Randstad: Global employment trends in clients

More needs to be done in order to ensure that the future of the jobs market is kept thriving, as countries across the globe continuously report that unemployment rates are...

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Scotland's most popular whiskey brand available in Hungary

The most popular whiskey brand of Scotland, Famous Grouse has arrived to Hungary, the 115 year old “water of life” will undoubtly be very popular in Hungary, too. The Famous...

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Limited series of Makány Márta-shopping bags in Tesco

10th February sees the release of the unique, Márta Makány design-bags in Tesco, which are available in limited series(50 thousand), in an environmentally friendly construction, in order to make shopping...

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KSH: foreign trade product sales increased by more than 10 percent last year

According to preliminary datas, the Central Statistics Office (KSH), registered a double-digit growth of the forint and foreign currency value of the foreign trade product sales in 2011. In January-December...

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Foreign trade surplus will continue to grow this year

Although the December trade surplus became lower than expected, analysts believe that surplus will continue to grow this year, partly due to the growth of export, partly and drop in...

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Several tonnes of dangerous food found in Europe

Rancid olive oil, vinegar-smelling wine and inedible fish were also found throughout Europe, when authorities of ten countries struck on the distributors of false and dangerous foods, medical products and...

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Shoplifting costs billions, prevention pays off

Shoplifting is not some force of nature, something can be done about it. Alert staff plus modern technology – only this combination reduces losses. Doing nothing is not an option,...

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Public scan at Auchan

A public scan has been carried out at the Auchan store at Szentendrei út Budapest, by the Customer Protection Authority. The main goal of the scan was to illustrate how...

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Pike hatching begun in Rétimajor

The artificial hatching of Pikes begun in Rétimajor at the Golden Carp Fishery Ltd. The company sells an annual 300 thousand units of pikes at both the foreign and domestic...

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Fruit Logistica is an important forum for Hungary

Fruit Logistica is an important forum for Hungarian companies: 415.000 visitors attended from January 21st to 30th the “Grüne Woche” (Green Week) in Berlins Fair Center, and had the chance...

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McDonald's Hungary changes PR agency

McDonald's Hungary works with a new public relations agency. The Noguchi Porter Novelli has won the commission on a multi-round tender – writes mmonline. The Noguchi will be responsible for...

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Magazine: Nine out of ten households buy mineral water

According to GfK Hungária’s ConsumerScan survey, ninety percent of Hungarian households bought mineral water in 2010. Compared with 2009, the category’s reach expanded by 5 percentage points. Average volume purchased...

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The Tokaj wine region received historical landsape classification

Réthelyi Miklós, National Resources Minister declared Tokaqj as a historical landscape. The Tokaj wine region appears on the World Heritage list of The United Nations Educational, Scientific and Cultural Organization...

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Nokia – Layoffs in Komárom

Nokia is laying off 2,300 people at its base in Komarom in northwestern Hungary, the company announced on Wednesday. Nokia said assembly would be deployed to Asia from Komarom, which...

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Egis revenue going high

Shareholders of Hungarian drug maker Egis, majority-owned by France’s Servier, approved payment of a HUF 120-per-share dividend on after-tax profit from the business year ended September 30 at an annual...

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Hungarian industry’s momentum halt in the end of the year

Industrial production was below expectations last December, but according to analysts, it cannot be drawn further far reaching conclusions from this data, because they consider the data brings a large...

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Magazine: The product fee law may change trends

According to data collected by the Hungarian Association of Packaging and Materials Handling (CSAOSZ) from the database of KSH, in terms of value the domestic packaging industry produced a 14-percent...

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Hungary is a backmarker in consumer confidence

The consumer confidence index in Hungary has dropped to 30 points from 61 points in two years. This index is the lowest in the world – states Nielsen market research...

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Ministry of Rural Development: beef exports to Turkey to be restarted

The Turks agreed the measure package of the Hungarian authorities and, therefore, re-allowed the livestock, including beef imports from Hungary – told the Ministry of Rural Development (VM) to MTI...

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Opten: a further increase in the number of liquidations and dissolutions

In January liquidation procceedings have started against 1,951 companies and dissolutions started against nearly two thousand companies. This is a 44 and 71 percent inncrease, compared to January 2011 –...

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Over two billion HUF after-tax profit for Zwack Unicum

The Zwack Unicum Nyrt. increased its gross sales revenue by 1.8 percent, its after tax profit by 9.5 percent in its the first three quarters of its fiscal year ending...

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Super Bowl: the brewery spent millions on advertising

The Anheuser-Busch U.S. brewery spent 15.75 million USD on TV advertising in four and a half minutes. It is true that it was broadcast during the finals of the Super...

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Charity wine auction gala with music in Győr

Seven non-governmental organization organize a Charity wine auction gala together with the Philharmonic Orchestra of Győr on the 1st of March. With this year’s gala the Tocology of Győr Fondation,...

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The new Date ad by Heineken

This may seem a bit weird to many of my readers, but so be it. The new Heineken ad, titled 'The Date' is a legendary date in action and highlights...

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Unilever Food Solutions launches its new brand proposition

Unilever Food Solutions launches its new brand proposition with the release of a global authority report on the foodservice industry. The World Menu Report takes a close look at consumer...

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10 million HUF goes to happy winner purchasing Hungarian product

This time, it was definitely worth purchasing Hungarian products. In 2011, as a whole, 245 gift packages worth 25 thousand HUF and 35 packages worth 100 thousand HUF have found...

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