News and articles
Magazine: Average price was up five percent
Date: 2012-01-19 11:53:22
The chaotic economic environment made European consumers more reserved. In the third quarter less food and household chemicals and cosmetics were sold in Hungary and in other 12 developed European...
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Email Print JPMorgan Chase reports fourth-quarter 2011 earnings
Date: 2012-01-19 10:06:47
JPMorgan Chase reported net income of $3.7 billion for the fourth quarter of 2011, compared with $4.8 billion for the fourth quarter of 2010. Earnings per share were $0.90 for...
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Corruption in public procurement and in general in Hungary
Date: 2012-01-18 14:22:20
GKI conducted a survey about corruption penetration and perception of corruption in the Hungarian economy. This study summariee the most important result and formulated proposals to the Public Procurement Council,...
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Fruity taste is getting more and more popular
Date: 2012-01-18 13:28:35
Meeting the desires of female drinkers has historically been high on Carlsberg’s list of priorities. Thanks to work undertaken in Switzerland two years ago – a reasonably successful attempt to...
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Hungarikum-law in order to protect national values
Date: 2012-01-18 13:01:41
The Government since its establishment gives priority to protecting Hungarian values. The Hungarikum Act adopted by the Government also serves this goal – said Giró-Szász András government spokesman at a...
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The price of sugar can increases further this year
Date: 2012-01-18 12:30:29
The price of sugar spectacularly increased last year, the trend could continue this year. Experts in Somogy county predict 10 to 15 percent increase for 2012. Temporary supply difficulties, capped...
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Improved business sentiment in Germany
Date: 2012-01-18 12:10:50
According to the Tuesday published datas of the ZEW economic research institute; business sentiment in Germany has improved in January. After a steady decline, the next half-year forward-looking expectations index...
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The Competition Authority fined consumer groups
Date: 2012-01-18 12:10:30
The Competition Authority fined three consumers groups for a total of six million forints for providing misleading informations to consumers – the GVH announced on Wednesday. The competition authority fined...
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The Trigánit started the construction of the shopping center in Poznan
Date: 2012-01-18 12:05:03
TriGranit has started the construction of the shopping center with the ceremonial cornerstore foundation. The handing over is planned for the end of 2013. A majority-owned Hungarian company’s representatives stressed...
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2012: a new chance for family businesses
Date: 2012-01-18 11:21:34
As the seasons change and family business leaders measure and evaluate 2011 against what lies ahead, it is natural for them to want more and better information. The economy seems...
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Az invitation to FOODAPEST by Szintézis
Date: 2012-01-18 11:00:32
Szintézis Informatikai Co. would like to invite you and workmates to the international beverage, food, food-technology and horeca tradeshow Foodapest, located at HUNGEXPO, at pavilon A. You can sign up...
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Coface Country Risk: Companies’ solidity already impacted by the systemic crisis in Europe and political risks in emerging countries
Date: 2012-01-17 12:57:33
On the occasion of its 16th Country Risk Conference, Coface is principally issuing a warning about the systemic nature of the current crisis, of which the Euro zone is the...
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Lego starts the construction of its new factory in Nyíregyháza this summer
Date: 2012-01-17 12:20:43
The Danish Lego Group begins the construction of its new factory in Nyíregyháza this summer – announced Jens Peter Clausen, managing director of the Lego Manufacturing Ltd. on Tuesday in...
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DM shopping carts with magnifying glass
Date: 2012-01-17 12:18:49
dm drogerie markt has launched a range of unique sevices: shopping carts with magnifying glass. The new product is available in 251 stores, where every shopping cart is available with...
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Metro expects a smaller profit
Date: 2012-01-17 12:17:56
Metro AG's management confirmed that the overall last year result will be probably somewhat lower than the 2.4 billion euros of 2010. Metro's shares since November, shows the biggest intraday...
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Lidl to sell mobile subscriptions
Date: 2012-01-17 12:10:31
Discount hypermarket chain Lidl will start selling mobile-phone subscriptions in the first quarter, news website hwsw.hu reports. Industry sources speaking on condition of anonymity said Lidl will not become a...
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Support for goat keepers
Date: 2012-01-17 12:10:15
The Magyar Agrárkamara (Hungarian Chamber of Agriculture) grants support to the she-goat keepers. The amount of the support is 3,000 HUF per goat. The applications should be sent by mail...
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New marketing leader at Sága Foods
Date: 2012-01-17 12:07:38
Starting from May 2012, the new marketing leader of Sága Foods is Boglárka Grabant, who has joined Sága Foods in January 2011 as a brand manager. Sincee May, she has...
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Magazine: Non-food: manufacturer brands became more muscular
Date: 2012-01-17 12:04:39
We can observe different trends in the retail sales of individual household chemical and cosmetics categories. For instance, from the 60 categories audited by Nielsen, body lotion and toilet cleaner...
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A high number of entries at the regional pálinka competition
Date: 2012-01-17 12:04:19
A total of 346 pálinka entries arrived from seven counties (Borsod-Abaúj-Zemplén, Hajdú-Bihar, Heves, Nógrád, Pest, Jász-Nagykun Szolnok, and Szabolcs-Szatmár-Bereg), to the 3rd Regional Pálinka Competition of Onga received but entries...
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Pannonmill plans a 10 percent price increase from February
Date: 2012-01-17 12:00:52
The price of the products of the PannonMill Malomipari Zrt. Will increase by 10 percent from the 1st of February – told the company to MTI on Tuesday. According to...
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The Chinese-Hungarian Business Council was etablished
Date: 2012-01-17 11:14:25
The Chinese-Hungarian Business Council(KÜIT) held its inaugural meeting in Budapest on Tuesday. The council’s Hungarian co-chairman is Csányi Sándor, the co-chairman of and the president and CEO of OTP Bank,...
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More and more elderly connect to the Internet
Date: 2012-01-17 10:09:46
According to the survey of NRC market research; nearly 4.5 million people are using internet in Hungary – showed the recent. Among the young people it isalmost no place to...
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IMF: economic activity weakens worldwide
Date: 2012-01-16 13:44:38
The European perspectives are mournful, the risks affecting Europe and the world economy are high – said David Lipton, Deputy Chief Executive Officer of the International Monetary Fund (IMF) in...
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Magazine: Heroes and survivors (part 2)
Date: 2012-01-16 13:24:32
On the second day of the 5th Business Days conference in Tapolca (held on 21-23 September) László Benedek, Heineken Hungária’s sales director was the moderator of the second section, which...
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Successful year for the Hungarian agriculture
Date: 2012-01-16 12:58:48
The Hungarian agriculture closed its most successful year since the EU accession – said Fazekas Sándor, Rural Development Minister. The sector’s performance increased by an about 20 percent in 2011,...
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The majority of the new jobs are created by SMEs in the EU
Date: 2012-01-16 12:58:04
Between the 2002 and 2010 period, 85 percent of the new jobs were created by small and medium-sized enterprises (SMEs) in the European Union – told the European Commission on...
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Darányi Plan: Hungary is an agricultural country originally
Date: 2012-01-16 12:50:30
Hungary “against all contrary opinions,” is an agricultural country originally – said Orbán Viktor, Prime Minister on Monday at the presentation of the Darányi Ignác Plan. According to Orbán Viktor;...
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Fazekas Sándor: wineries can apply for plantation renewal and for technology
Date: 2012-01-16 12:40:03
The wineries can apply for plantation modernization and technology improvements in 2012. Currently there are no available sources for investments – said Fazekas Sándor, Rural Development Minister in Szekszárd to...
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Tesco Hungary wins Sponsor of the Year Award
Date: 2012-01-16 12:33:52
As an award for decade long support given to Robert Burns International Foundation, Tesco Hungary has won the prestigeous Puskás-Ferguson Sponsor of the Year award. Commercial Director of Tesco David...
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