News and articles

Last year, the value of retail investments in Europe exceeded 28 billion euros

Despite the continuous uncertain economic environment retail investment in Europe closed with strong profit in 2011, despite – shows the survey of Jones Lang LaSalle. The preliminary datas show that...

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Last year's costs may also factor this year's bread price increases

Because of the weakening forint and the rising energy costs a continuous increase is expected in the price of bread and bakery products – told Werli József, Secretary General of...

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Big Mac index: the Swiss franc is the most overvalued currency in the world

he forint is one of the most undervalued, but the Swiss franc is the most overvalued currency in the world – on the basis of Economist’s latest Big Mac index....

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The Rétimajor-based Aranyponty Zrt. doubled its profits

After the 860 million HUF revenue, the Rétimajor-based Aranyponty Zrt. reached over 1 billion in revenue last year, and doubled its profits increasing it to 100 million HUF – told...

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Colza hit by autumn drought

The drought autumn affected the Colza badly in Békés county; crop will be so much worse than last year. The secretary of the Békés County Agricultural Association told to MTI,...

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The world's longest sausage can be created in Tenkesalja

Colorful programs await the guest on Saturday, in Siklós, Baranya County. The event is open to anyone, where the country's longest sausage will be created, teams of ten will compare...

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Magazine: Retail has no choice but to keep going forward

Laurel organised their two-day Retail 2011 conference in Siófok, where the company’s owner-managing director István Bessenyei highlighted in his keynote speech that the appearance of smartphones has a strong influence...

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EuroCIS in Düsseldorf with 200 exhibitors from over 20 countries

EuroCIS has been synonymous with retail innovations for over 10 years now. Every year in excess of 200 exhibitors from over 20 countries present all that’s new in terms of...

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Tamás Fellegi’s forward-looking talks in Washington

Minister without portfolio for negotiations between Hungary and certain international financial organisations Tamás Fellegi had informal consultations with the International Monetary Fund (IMF) in Washington between 9-12 January 2012 to...

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The Export Imperative: Business Survey on Foreign Expansion

Companies are concerned about ‘place’ and ‘people’ when contemplating foreign expansion. Foreign workspace has to be flexible with only very short-term commitments. Opinion is divided over whether foreign operations should...

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The industry of the euro area further slows down

The euro zone’s industrial production fell in November: compared to the previous month decline was 0.1 percent, while compared to the previous year a 0.3 percent decrease occured –    reported...

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The Hungarian bakeries complaining of the Albanians bakeries

The Hungarian bakeries consider the presence of the Albanian bakeries as a problem, although some say its all about rivalry – writes Magyar Nemzet. Werli József, the professional secretary, of...

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Changes among the leaders of MIRELIT MIRSA Co.

Dr. József Losó József, president-CEO of MIRELITE MIRSA Co. is not going to deal with operative cases, but will move on to be the president of the leaders. Operative issues...

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The rate of cocoa increases at the commodity exchanges

In two days cocoa increased by 15 percent at the commodity exchanges. The rate of the raw material, began a steep rise after a nationwide strikes broke out in Nigeria,...

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IKSZ launches an awareness shaping campaign

The Beverage Carton Environmental Protection Association (IKSZ) launches a large-scale awareness raising campaign this month, with the 48 million HUF support of the European Union. The campaign can be implemented...

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The new Erzsébet-voucher can be used for eating warm meal this year

Erzsébet-voucher, which can be used to eat ready foods and cold food can be used for eating warm meal this year as well. The Erzsébet-voucher can be spent without contributions...

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Waiting for EU's arguments on disputed laws

Hungary is waiting for arguments from the European Union on disputed laws and when they are convincing, the government will be ready to consider modifying the legislation, Prime Minister Viktor...

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Chinese rich prefer to give Western luxury brands as a gift

According to the survey of the Hurun research institute; When it comes to gift giving China's rich people prefer well-known Western brands, who spend an annual tens of millions HUF...

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Magazine: Personal Marketing – build and sell yourself!

There are many well-trained and experienced marketing experts on the labour market. What can we do to increase our own value and better our position? The labour market works the...

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Tesco’s turnover decreased in the UK

Despite the Christmas shopping season, Tesco reported disappointing sales figures in the United Kingdom: the turnover of stores open for at least a year, fell more than expected, during the...

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The renaissance of American whiskey

While many American industries are struggling with the crisis, the whisky manufacturers of Kentucky succeed, thanks to the renaissance of American whiskey-based cocktails and and the beneficial effects of the ...

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Gapwater is the most strictly controlled item for human consumption

Gapwater is the most strictly controlled item for human consumption in Hungary. 85 percent of the population drinks gapwater, and 75 percent of them are satisfied with the quality- Hungarian...

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Aqua-Pet requested the scan of their mineral water

Aqua-Pet Ltd. requests the authority to review the mineral water samples, and has appealed against the decision of the current – the company informed MTI on Wednesday. The Aqua-Pet Ltd....

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K&H Bank SME confidence index falls to lowest point since onset of crisis

K&H Bank’s quarterly index of SME confidence declined 18 points in the fourth quarter of 2011 to minus 44 points, the index’s lowest reading since the onset of crisis. Pessimistic...

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OTP-economic index: SME sector's prospects further deteriorated

OTP Bank’s economic activity index for the small and medium enterprises (SMEs) has decreased to another nadir. The confidence of the SME sector’s managers further reduced – told the OTP...

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German economic performance decreased in the last quarter

In Germany – adjusted with price effects – a 3 percent increase occurred in the gross domestic product (GDP) in 2011. The data of the German Statistical Office met the...

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Orange juice on a 30-year record level

he futures rate of orange juice increased to a three decades peak, backed by an official investigation. If the finds investigation will detect that the products that are used during...

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The Spar locked and withdrawn its stocks, originates from Aqua-Pet

The Spar Magyarország Kereskedelmi Kft. locked and withdrawn the mineral water stocks manufactured by the Aqua-Pet Kft. – informed the company on Wednesday. The action was made after the Animal...

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Tesco gathered twenty million forints to the Hungarian Interchurch Aid Organisation

As the result of Tesco’s voucher action twenty million HUF was gathered for the Hungarian Interchurch Aid Organisation. The szeretet.éhség (love.hunger) fundraising action was launched on the 28th of  November...

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Magazine: Economic insecurity rewrites the definition of luxury item

Forbes magazine published an article about the conquest of hiding luxury, which started in about 2008. Instead of showing off fashionable and very expensive brand names discretion prevails. At the...

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