News and articles

ZEW-index: German economic sentiment fell

In August, a significant deterioration occurred in the economic sentiment in Germany – shows the survey of ZEW. The main index decreased from -15.1 points to -37.6 points (a level...

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More and more fast-food restaurants in Russia

The American fast-food restaurants have become a global phenomenon several years ago. China and India continue to be a rapidly developing market, but the industry finds a growing demand also...

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11 percent of the British retail spaces are empty

More than 10 percent of the retail spaces were empty at the end of May – told the British Retailers Consortium (BRC) on Monday. The organization's research found that an...

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Cheap Ukrainian wheat can break down the prices

The cheap Ukrainian wheat also occured in Hungary, after the traders of the EU applied for permits for the imports  of more than 1.6 million tons of grain in July...

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Vegetarian Festival in the Weekend

Macrobiotic and vegetarian tasting sessions, organic and organic-based product presentations, nutrition specialist lectures, relax and dance lessons and many interesting programs are awaiting the participants of this year's Vegetarian Festival...

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Important state award to Coop-collegues

Three collegues of Coop Ltd have received the most important state award on 20th August, namely the Golden Cross of the Hungarian Republic. Dr. József Tóth, president-CEO of Coop Tisztaföldvár,...

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Magazine: margarine plays an important role in shopping frequency

Margarine retail sales declined by 3 percent in both value and volume in the April 2010-March 2011 period, compared with the same period a year before. The annual market was...

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PICK sees an increase

PICK has kept is market-leading position, and even saw a 0.5 percent increase in spite of difficult market situation. Among many other things, this is linked to the great marketing...

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(HU) A Rauch bemutatja a Happy Day Spritzer-t, a frissítők új kategóriáját

Happy Day Spritzer is pleasantly carbonated and fruity, but at the same time it is a tender combination of flavours that makes a real novelty on the fruit drinks market,...

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Sió-Eckes helping with school-start

Sió-Eckes Co. is going on with their four-year old charity program, called Thank you, Sió!. This year, the program has supported more than a thousand primary schhol children in need,...

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Red Bull sports programs are on

Moments before the final, a massive thunderstorm was threatening to soak Red Bull Manny Mania, yet miraculously the clouds parted and Joey Brezinski was able to skate his way back...

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Europe-wide srowth slowdown

As noted in our Eurozone Outlook update, forward-looking PMI indicators clearly signal a sharp slowdown ahead, including in core economies, as shown by the new-orders-to-inventory ratios in the manufacturing sector,...

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Private pension fund real-returns are in banks

A survey carried out on behalf of Budapest Bank and Budapest Alapkezelő found that Hungarian do spend their the real return of their private pension funds, but prefer to place...

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Compensation to Pécs-companies

The municipiality of Pécs is willing to pay compensation fee of 45 million HUF to 38 Pécs-based companies which needed to be closed temporarily due to investments of European Capital...

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Farmer Expo attracted 30 thousand visitors

Over 30000 visitors and 300 exhibitors were present at this year's Farmer Expo at UD's Centre for Agriculture. The 20th Farmer Expo was organized this August on the campus of...

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Magazine: Consumers spread less margarine on their slice of bread

– Base material prices have grown like never before and as a result product prices augmented, so a difficult year awaits distributors – says Ágota Puskás, category operations assistant manager...

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SPAR voted for Hungarian melon, too

The Hungarian Melon Association and FruitVeb with the support of the Agricultural Marketing Centre spendt more than 20 million HUF, to stimulate the consumption of Hungarian melon domestically. The promotional...

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State award at Univer

The Minister of Rural Development has awaded Univer's director of corporate relations Györgyné Marosfi with the Golden Cross of the Hungarian Republic on 19th August 2011. The expert has been...

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StarBev eyes international expansion for Staropramen

StarBev has announced ‘significant investments’ in its Staropramen brand, as it eyes international expansion. The company has invested €1.2m in a new visitor centre at its Staropramen brewery in Prague,...

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Auchan contra GVH

The Municipal Court of Justice of the Auchan Hungary Ltd., because the Office of Economic Competition (GVH) Procedure of the Competition Council fined HUF 30 million, claiming that the retail...

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Support to Kézenfogva Foundation by Lidl Hungary

Lidl Hungary has supported Kézenfogva Foundation with a more than 1 million HUF, as a whole 1 184 000 HUF. The money came from Cien suncreams sold between 9th June...

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Russia at the Budavári Pálinka and Sausage Festival

In the romantic Buda Castle, on the Savoya Terrace, twenty palinka brewers and ten professional sausage makers present their mastery at the 2011 Buda Castle Palinka and Sausage Festival, offering...

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New science information system at six CBA-stores

The new, customer-friendly CBA CENT store has a brand new science information technology. Among many other equippments, newly improved touchpad IMP cash-machimes and MK500 price-control machines, and NCR space-scanners are...

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HP cutting off PC department may affect upstream supply chain

As Hewlett-Packard (HP) decided to perhaps spin off its PC business, which contributes revenues of about US$40 billion, it is becoming more obvious that HP intends to turn its focus...

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Breweries against drunk driving

Breweries have decided to create a speciasl event in order to call attention to the importance of responsible drinking, which was launched on 25th July, the Day of Sober Responsible...

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Bakers do not plan price increases until the end of September

Bakers are waiting for the stabilizing of flour prices, but then the bread may become more expensive if production costs rise. Kurdi András, the President of the Hungarian Bakers' Associatuin...

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Domestic winemakers urging the strict quality control of imported wines

Domestic winemakers and the association of farmers ask for the intervention of the Ministry of Agriculture to repel the dubious origin import wines in order to defend the domestic grape...

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Morgan Stanley: the momentum of the global economy decreasing, business and consumer confidence declining

Morgan Stanley modified the expected global growth rate for this year from 4.2 percent to 3.9 percent. The correction was made with reference to the not appropriate policy reactions for...

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Without subsidies, the breeding of native species is impossible

Despite the expansion of mangalica and gray cattle products in trade, only the support can help the breeders of the local native animals to escape even without losses. Without the...

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