News and articles

The consumer credit market reduced by nearly one-fifth

According to the datas of the central bank; the financial service providers placed out nearly 20 percent less, almost 120 billion HUF consumer loans in the first half of the...

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The Gyulai Húskombinát increases exports to the Russian market

The Gyulai Húskombinát Zrt. increases its export share of production volume to 30 percent this year, after previous years's 10-15 percent, after a significant increase occured in the volume of...

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OECD: the economic growth of the G7s has reached its peak

Probably the economic growth has reached its peak in the world's seven largest economies after the growth began after the global economic crisis started in 2008 – shows the study...

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Wine festival in Erdőbénye

Tokaji wines, the tastes of the Zemplén region, traditional crafts, programs for children will spice Erdőbénye's festival this year, that will be held between the 12th and 14th of August....

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Outlet mall opens at the place of the Material Center

In the first half of 2012, a new retail format, a multi-storey outlet mall will open its doors in downtown Budapest. The 10,000 square meter shopping center, leaves the usual...

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Fake milk powder was found by inspectors

According to the communication of the Ministry of Rural Development; vegetable fat adulterated milk powder was found by the Food Chain Safety and Animal Health Directorates of the county government...

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Further controls of the sugar industry privatization

The National Sugar Beet Growers Association (CTOSZ) is convinced that the privatization of Hungary's sugar industry was not entirely well thought out. Most professional investors brought their money to Hungary...

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Where is traditional television heading?

The future of traditional television consumption is still bright – the speeches given at the TAM conference held in Vienna in June celebrating the 20th anniversary of Austrian television audience...

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Chinese-Hungarian Business Council established

Hungarian business association VOSZ and the Chinese Foreign Trade Development Council on Tuesday agreed to establish the Chinese-Hungarian Business Council to foster bilateral business ties, VOSZ announced. VOSZ managing director...

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SPAR – Unilever prize game begins

SPAR Magyarország Ltd is taking part in Unilever's campaign “Cook a playground” for the second time, and as a result of this an EU-competent playground has opened its gates in...

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Debt Crisis, downgrading, soaring Swiss franc – MFB's summary

In July, the debt crisis-related news moved the markets after beside the Greek crisis, the faith was shaken towards U.S. solvency. The decision-makers of the euro zone adopted the new...

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In July, another wave of liquidation occured

The wave of liquidation did not easened in the world of companies. According to Opten's latest datas; compared to the peaks of the past months, a slight deceleration occurred, but...

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European SME Week for the third time

The European Commission launched the “European SME Week 2011” series of events for the third time this year – announced the National Foreign Trade Office (HITA). The series of events...

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The beekeepers call for legislation

In Hungary, currently 15 thousand people are dealing with beekeeping, hunting and fishing need a license, anyone can breed bees. The amateurs can risk the livelihood of beekeepers – said...

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Swiss industry and tourism suffer from the strong francs

The Swiss franc strengthened again to a record level against the euro. Die Presse points out in its analysis that the strenghtening franc causes serious damage to Swiss exporters and...

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Cheese Festival in Sajtoskál

The Cheese Festival of Sajtoskál is getting more and more popular. This year, about two dozen of cheese manufacturers offer uncountable types of cheese specialties. This year, the number of...

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The confidence of European investors is on a two-year low point

Investor confidence index fell significantly in the euro zone. The August index is at a low point, has not seen since September 2009, mostly because of the concerns of a...

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Support for new farmers rearing indigenous and endangered animal breeds

The Ministry of Rural Development statute amendment enabling support for new farmers rearing indigenous and endangered animal breeds came into effect on August 1. The breeding of indigenous and endangered...

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POS Media's strategic partner is HighCo

On 1 July 2011, acquisition of a 48.25% stake in POS Media Europe (“POS Media”) from several private equity funds of Committed Capital (34.25%) and POS Media's founding partner, Richard...

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Cigarette-smugglers caught in Szabolcs

Five Ukranian cigarette-smiugglers have been caught in the village of Kölcse, located in Szabolcs-Szatmár-Bereg county – the police informed MTI on Monday. The 5 thousand packages of cigarettes have been...

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Decreasing sales of 3D TVs

Last year, 252 million television sets were sold worldwide, but until earlier this number grew from year to year, according to the latest survey of DisplaySearch institute; in the U.S....

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Development Ministry on the Achievements of the Hungarian Presidency

Hungary will benefit from it’s successful presidency in the long term, as stated during the press conference organised by the Ministry of National Development to give account of the activities...

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Merchants are confident during the big summer discounts

The large summer discounts may end on the weekend of the 20th of August – reports Pénzcentrum.hu. The traders are confident, many of them spend the real return on cheap...

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The local products of the emerging countries conquer abroad

While a few decades ago the popular Western brands have conquered the emerging countries now the opposite is true. “In the future, there will not be any national products or...

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Bonafarm received giga loan

The Bonafarm Group agreed with CIB Bank Zrt. and Raiffeisen Bank Zrt. on refinancing the long-term loans. The contract containing 139.8 million euros (about 38 billion HUF) 5-year term credit...

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Brazilian sugar is available from Monday

The import sugar cane from Brazil is available in the shops from Monday. It has the same quality as sugar, made of sugar beet. The imported sugar will be processed...

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The wine society asks for the reduction of administrative burdens and inspection of imported wines

The wine society asks for consistent control of imported wines, the reduction of administrative burdens and cooperating authorities from the government. They feel the good intentions of the government, but...

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Wine, wine chevalier and culinary festival in Győr

More than a dozen local wineries will represent themselves at Győr's 4th Wine, wine chevalier and culinary festival, between the 25th and 28th of August in the Széchenyi square, Győr....

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Eurobarometer: most of the Europeans are optimistic

More than 60 percent of  Danes, Austrians and Estonians are confident that Europe will emerge stronger from the crisis. The majority of the Portuguese and the Greeks, believe that “the...

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School year starting action launched in Auchan

On the 5th of August, Friday the School year starting action has been launched in Auchan. Auchan Hungary awaits the children and their parents with discount actions, as well as...

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