News and articles
Russia wants leading grain exporter role again
Date: 2011-07-22 12:57:40
Russia expects to regain its leading grain exporter role in this season, thanks to its good harvest, after forced to introduce export bans due to last year’s severe drought. According...
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McDonald's revenue and net profit also grew by two digits
Date: 2011-07-22 12:55:14
McDonald's reported about double-digit growth in its second quarterly report, published today. The company's net profit increased by 15 percent its revenues by 16 percent. These datas have surpassed the...
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German business sentiment index, decreased more than expected
Date: 2011-07-22 12:00:28
The greater-than-expected decline occurred in the July German business sentiment index of Ifo economic research institute. The index fell to 112.9 points, even though experts have reported that the July...
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High demand for the Hungarian cattle in Turkey
Date: 2011-07-22 11:50:24
If the increased Turkish demand for Hungarian cattle remains, that can cause prosperity in domestic cattle breeding. The Turkish market was previously closed for animal health reasons. Until last year,...
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GKI-Erste index falling
Date: 2011-07-22 11:48:11
The recently published medium-term forecast of GKI reveals, among others, that following an average annual decrease of 1.6 per cent in the 2008-2010 crisis period, GDP will return to the...
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Hungarians get info about health problems online
Date: 2011-07-22 09:24:02
Hungarians tend to gain more information with the help of the internet than the rest of Europe. In the first place, people are searching for information about diabetes, prostate problems,...
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The thousandth Tesco-store of Central Europe opened
Date: 2011-07-22 08:14:27
In Raciborz opened thousandth Tesco store in Europe. In Poland, for over 15 years on the market, Tesco has opened 374 stores. Tesco Poland plans 2011/12 year include the opening...
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New technologies in engineering are the way to move forward
Date: 2011-07-22 07:28:08
Engineering is one of the few industries in Hungary which has managed to remain relatively successful throughout the years of the recession, however only those companies managed to move forward...
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GfK: discount stores gained market share
Date: 2011-07-21 14:40:44
In the first five months of the year, major changes can be observed in the market part of the commercial channels. The Hungarian households spent considerably more at the discount...
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The Ministry of National Economy would easen the organizing of local fairs
Date: 2011-07-21 14:32:35
The government would easen the organizing of local fairs and markets. According to the draft legislation of the Ministry of National Economy it would be enough to report the event,...
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Superbrands is fifteen years old
Date: 2011-07-21 14:30:27
Superbrands began to conquer the world 15 years ago starting from in Great Britain. The Superbrands, consist of a recognized a group of marketing professionals awarded the first very best...
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Better quality products in Austria, than in Slovakia?
Date: 2011-07-21 13:30:45
On the basis of a survey of a financial newspaper in Pozsony, carried out in Billa and Lidl stores in Austria and Slovakia: the quality of most products are better...
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Increased revenues at Pepsi
Date: 2011-07-21 12:55:37
The second-quarter profit of PepsiCo, Inc. increased by 18 percent to 1.17 USD per share, compared to the same period of last year – shows the company's flash report. The...
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Hail hit the grapes of Villány
Date: 2011-07-21 12:43:32
Hail caused such damages have not seen for years in the area of Villány mountain village and Nagyharsány on Tuesday, where the grape growers, therefore, can expect an average of...
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The 13th Decathlon store opens in Debrecen
Date: 2011-07-21 12:12:42
The owner of Decathlon gave up the idea to set up a sport discount chain in Hungary, under the name Koodza. However, the Decathlon restarts its network expansion. After the...
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A drop in the British purchasing mood in the market of malls
Date: 2011-07-21 11:43:29
Recently, more than 20, around 1.5 billion pounds of combined capital value shopping centers entered the UK investment market. Nevertheless, the investment activity declined in the second quarter of 2011,...
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EIPA trend: More emphasis on smaller and newer Member States
Date: 2011-07-21 11:31:00
The National Institute of Public Administration and the European Institute of Public Administration (EIPA) jointly organised the meeting of the EIPA Board of Governors, on 6-7 June 2011, in the...
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Hungarian watermelon-tasting at Tesco
Date: 2011-07-21 11:03:23
On 23rd July and 6th August 2011, Tesco and the Hungarian Association of Watermelon is going to focus on the importance of eating local watermelon. The company is offering melon-tasting...
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New body care product by Fa
Date: 2011-07-21 08:37:14
Market research shows that women are increasingly demanding when it comes to performance and compatibility of the ingredients in body care products dedicated to buying it. Starting from this premise,...
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Pálinka is still a trendy drink
Date: 2011-07-21 08:31:59
SPIRITUS PRIMUS is waiting for customers to visit their pálinka culture house in VárFok Budapest, where they offer a wide range of high quality spirits for gourmets (1015 Budapest, Várfok...
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EU deems 400 million HUF compensation justifiable
Date: 2011-07-20 15:05:34
One and a half million euros, or about 400 million HUF compensation was deemed as justifiable by the EU. Hungarian gardeners can receive roughly 400 million HUF support. These gardeners...
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Union campaign for fruit and vegetable consumption
Date: 2011-07-20 14:20:11
The European Commission launched an advertising campaign in order to fully recover the confidence shaken by the diarrhea epidemic broke out during the spring in Germany. The Commission justified its...
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The number of liquidation procedures in Hungary rose
Date: 2011-07-20 12:52:00
The number of liquidation procedures in Hungary rose 21% in the first half from the same period a year earlier, credit insurance company Coface Hungary told MTI on Thursday. Liquidation...
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Budapest is the second most attractive office market of the region
Date: 2011-07-20 12:50:56
According to the most recent survey of CB Richard Ellis (CBRE); many emerging cities attract such a high number of international companies, as advanced business centers in the world. The...
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The payment moral of companies slightly improved
Date: 2011-07-20 12:45:07
The payment moral has improved slightly, even almost every second bill payed late by the companies – states Dun & Bradstreet Hungaria Ltd. 55 percent of the invoices are paid...
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The wholesale market in Szeged and Temesvár will be developed from EU funds
Date: 2011-07-20 12:30:57
In the scope of a joint EU tender, the municipalities of Szeged and Temesvár have won a one million euros support for mass-market development. Both the Hungarian and Romanian primary...
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Metro plans Eastern European investments
Date: 2011-07-20 12:20:19
German Metro Group plans to invest more than one billion euros in the following years, in Eastern Europe – writes Handelsblatt. Stores will be built in Russia, Kazakhstan and Ukraine....
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Chinese-Hungarian business forum in Budapest
Date: 2011-07-20 12:11:52
The National Foreign Trade Office hosted the seminar and partner meeting that presented the Central China Investment and Trade Fair on the 18th of July 2011. The event was organized...
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Napi Gazdaság, GfK launched SME investment index
Date: 2011-07-20 11:59:05
Newspaper Napi Gazdaság, in cooperation with market-research company GfK, published its first survey measuring the investment sentiment of Hungarian SMEs this Wednesday. At the moment, the index stands at -5.5...
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Johnson & Johnson: revenue growth and profit decline
Date: 2011-07-20 11:50:35
Johnson & Johnson reported increase in revenue and profit decline for the second quarter. Johnson & Johnson's revenue, increased by 8 percent in the second quarter, to 16.6 billion USD,...
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