News and articles

When we cannot obtain food for our money

Each year, the production of agricultural products is short of consumption, so at the main agricultural products with the stock levels decreased to a low level. According to Jim Rogers,...

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Danube Wineregion will be re-positioned

Hungary's greatest winegrowing area, Danube Wineregion is going to be re-positioned by Agrármarketing Centrum (AMC) soon – a press conference was centered around this opic on Thursday where joutnalists had...

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A further decline in German retail sales

German retail sales fell sharply in May, instead of the expected modest growth, while the revised April figure showed stagnation, contrary to the previously published 0.6 percent expansion. In May,...

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Competition Office fines milling companies for cartel activity

The Competition Office of Hungary (GVH) fined three Hungarian milling companies a combined HUF 50 million for cartel activity. The companies – H&T Kft., SIKER Malomipari Zrt., and Szecseny-Mill Kft....

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New special offer by SPAR

Each customer making a purchase of 2500 HUF in SPAR, Kaiser's or INTERSPAR stores from 30th June to 28th August gets a special card-packages to be able download music by...

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Even the European Union supports protein-rich diets

When you're talking about trying to build lean muscle tissue or “bulk up,” you've probably heard that protein-rich diets can help you gain muscle. It's true that protein does contribute...

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Mobile solutions to boost business opportunities

MobilCom Day, organized by GS1 proved to be a success in 35 countries of the world, in three time-zones from Japan to the USA. Hungarian TElekom was the home to...

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The petitioners of the chips-tax do not support the governmental amendments

According to the most recent proposal of Fidesz, the public health product tax would enter into force after the approval of the European Commission (EC). Koszorús László (Fidesz) submitted his...

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Hungary can be a vegetable growing big power

Hungary can be a vegetable growing big power with a better utilization of the thermal water resources lying beneath the Carpathian Basin. To reach this goal, the construction of the...

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KSH: unemployment decreased to 11 percent

According to the Central Statistiical Office (KSH): the unemployment rate declined in Hungary with a further 0.4 percentage points to 11 percent, in the March-May, and the number of employees...

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Nomura: Tesco can overtake regional rivals

The Japanese investment bank Nomura, focused on Tesco's regional markets in its most recent analysis. It is estimated that the company's market share in the Hungarian, Czech, Slovak and Polish...

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The rich Chinese province will debut in Budapest

The CBTC (China Brand Trade Center) opens in Budapest on the 29th of June 2011 with Zhejiang Branded Products exhibition and with Business Forum. The CBTC offers the opportunity for...

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The fourth tender may bring in a former purchaser of Egervin

The fourth tender of the liquidator the Ratis Ltd. on the assets of the former Egervin now the Egri Integrált Borgazdaság Zrt. ended. This time evaluated bids were also received....

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2013 can be a turning year for the Praktiker

Praktiker had a 31.8 billion net revenue in the 2010 business year in Hungary. The DIY chain considers 2013 as the year of turning point and preparing for the post-crisis...

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Consumers are optimistic in Europe's largest economy

German consumer confidence improved in July. The predicted July index became 5.7 points, after the 5.6 points of June. The increase on an annual basis is particularly significant: in last...

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CID income and customer index list for 2010

CID Cég-Info Kft. has been publishing its fact-based list of income- and customer index for marketing purposes since 1998. Here is last year's list: CID list 2010...

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International FMCG-tradeshows

EME organises a wide range of trade exhibitions and consumer events with supporting conferences, special feature areas and additional attractions for both exhibitors and visitors. It operates in a wide...

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Judit Lippai at Wonderduck

Judit Lippai is the new senior account manager of Wonderduck Agency, the expert used to work at Metropol before. She is starting her responsdibilities in July, now that Zsuzsanna Bonyhádi...

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PROFEL material to be downloaded

The material of April 29th Brussels-based PROFEL can be downloaded here: PROFEL 2011...

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Both consumer confidence and propensity to buy increase

Confidence Index, the Consumer Expectations Index and the Propensity to Buy Index have increased in the 2nd quarter of 2011. Slightly fewer people expect unemployment to grow, and inflationary expectations...

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An MP of Fidesz would exempt cocoa powder from the chips-tax

A law amendment would remove the cocoa powder from the public health product tax. According to the law amendment of Koncz Ferenc (Fidesz); cocoa powder would not fallen under the...

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More and more retailers bankrupt

3.3 percent of the domestic retail companies were closed last year, far more than in the other sectors. In the first part of 2010 and 2011 the number of bankruptcies...

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From Friday an EU regulation will make pizza and cake more expensive

From the 1st of July a 25 percent VAT should be charged in restaurants after cakes and pizzas – published the tax authority for the request of Pénzcentrum.hu. If someone...

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Hungary can be China's Central European Gate

Hungary can gain a prominent place in Central Europe, if the country will become China's central European logistics and trading center. Due to the Hungarian-Chinese agreements signed during the weekend,...

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Parliamentary committee set up to examine the privatization of the sugar industry

The parliament set up a committee on Monday, in order to examine the privatization of the sugar factories. The proposal of Font Sándor, Ivanics Ferenc és Sebestyén Lászó was adopted...

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Naturalma program for organic apple-growing

The Naturalma program promotes disease resistant dessert apple varieties in Hungary. For those who plants apples suitable for organic production it is not required to switch to organic farming, but...

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The Chinese hypermarket giant plans a huge capital injection

The Sun Art Chinese hypermarket chain prepares for a 1.1 billion USD primary share issue in Hong Kong. The dominant owner of the company is the French Auchan. The Shanghai-based...

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Health care businesses need more consciousness

1st July is the day of Hungarian health care – thus it is an excellent opportunity to take a closer look at the way this sector keeps changing. THe main...

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A Stable Agricultural Market is in the Interests of the EU and Hungary

Stable agricultural markets and predictable prices are in the interests of both the EU and Hungary – said Minister for Rural Development Sándor Fazekas, summarising the discussions held during the...

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Fressnapf is one of the most successful brands of the year

Fressnapf and RTL TV series “Gute Zeiten schlechte Zeiten” (GZSZ) have won a bronze “Co-Brands Award” for their last year’s joint campaign “Mach dein Tier zum TV-Star” (make your pet...

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