News and articles

Life is becoming more costly in the European Union too

In February 2011 consumer prices were 2.8 percent higher on average in the EU-27, compared to prices in February 2010. In March the rate of annual inflation was 3.1 percent...

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The Polish retail index is flying high

According to a quick estimate by Eurostat, retail sales augmented in January 2011: by 1.9 percent in the EU-27 and by 0.7 percent in the eurozone, compared to the same...

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Record performance by agriculture

This February the agricultural production price index broke all previous inflation records with a 47.5 percent performance. KSH’s quick report indicates that vegetable product prices surged by 67.9 percent and...

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Retail and agriculture have entered the danger zone

In the first quarter of 2011 the number of insolvency procedures grew by 27 percent. This rate is higher than forecasted and Coface Hungary’s opinion is that it is because...

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Tesco to keep its leading position, Gerry Gray says

Tesco wishes to be the best partner of customers, local communities, workmates and deliverers. The company is planning to expand its services and analyze situations in detail in order to...

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OKSZ calls for the reduction of VAT

According to the National Trade Association (OKSZ); the higher inflation is the main, that domestic consumption has not followed the growth of GDP in the first-quarter of 2011. The OKSZ...

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Retail still in trouble

The retail sales in March shrank, compared to both the previous month, and the same period of last year. The flash report of the Central Statistical Office shows: the new...

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Ranking of competitiveness may improve

“According to an international ranking of competitiveness published last week Hungary has a worse ranking than it did this time last year. Even though there is no possibility to face...

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Mastercard: 10 percent of cardholders regularly buy on the Web

The Internet usage of MasterCard debit cards grew in a threefold rate over the past year, than the the traditional business card ​​purchases, although the latter is 15 percent higher...

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TriGánit plans to restart the preparations of Westend II

One of Europe's largest, real estate investment, the majority Hungarian-owned TriGránit plans to restart the preparations of the development of WestEnd II in June 2011 – reports Ingatlan és Befektetés....

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Tesco enters to the community media market

Tesco buys the BzzAgent U.S. community media marketing agency for sixty million dollars – reports AdAge, citing sources familiar with the deal. The BzzAgent is a Boston-based startup that specializes...

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Foreign investor can save Cerbona

The court ordered the liquidation of Cerbona Inc., last week. Despite this, the company is negotiating with a serious-looking foreign investor. If they manage to conclude an agreement with banks...

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The consumption of cheese specialties is concentrated to Budapest

According to Gfk Hungária’s ConsumerScan, the more special a type of cheese is, the more Budapest-centred its consumption is; small towns and villages are strong in processed cheese consumption. Practically...

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Brau Beviale 2011: added value industry get-together

Wednesday to Friday in the second week of November – this date has been marked in the diaries of umpteen thousands of European beverage experts for Brau Beviale 2011 in...

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News from Fressnapf

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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Flexible working hours should be reflected by income

This report identifies the three Vs: Virtual, adVantage and Value that will define the benefits of agile working as it emerges over the next decade. As the concept of ‘virtuality’...

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Innovation in the food industry

The conference of the Science and Technology Foundation, filled a gap. The conference was held in the scope of Hungary's EU-Presidency Program, over the innovation of agriculture and the food...

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The Csaba Expo was successful

The 18th Csaba Expo International Exhibition and Fair closed its gates on Sunday, where 130 exhibitors represented a total of 200 companies on 90 stands. Váradi Zoltán, Fair director told...

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Star of Eger: A new brand in the Eger wine region

The Bull's Blood (Egri Bikavér) is one of the best-known brand name: As one hear the name of the the bulky spicy red cuvée wine, it reminds everyone to Gárdonyi,...

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The main winemaker of the Tokaj Trading House became the winemaker of the year in the Tokaj wine region

Puklus Péter, the main winemaker of the Tokaj Trading House Co. became the winemaker of the year in the Tokaj wine region. The 37 year old professional received the prestigious...

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General Meeting at the Milk Marketing Board

The Milk Marketing Board held its assembly, where Istvánfalvi Miklós, the president of the Pusztavám-based Tejszövetkezet Zrt. was elected as producing president, while Mélykuti Tibor, executive of Alföldi Tej kft....

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Tender for the disabled-friendly workspace

Employers may apply continuously for the disabled-friendly workspace title, awarded by the Ministry of National Resources, and non-governmental organizations. Who wants to receive the title already in 2011 should certify...

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SGS entered the market of public storage

SGS, following Hungarian market trends entered the market of public storage. This activity is only a new part of the company's portfolio as on an international level, they have been...

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Final report: interpack 2011: One of the most successful ever

Interpack 2011 closes as one of the most successful events in the 53-year history of the world’s most important trade fair for the packaging sector and related processing industries. This...

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Small community, big community

This year will probably pass with Facebook, Iwiw, Twitter and other such websites rapidly permeating the world of bars and restaurants. Formerly those service providers used social media who intended...

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Internship for young winegrowers in Italy

A foue-month-long internship is open at a winery located in the Southern-Italian Basilicata region, organized by Pontus Iuventae. Ten young winegrowers get the chance to start their internship in September....

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Alimentaria 2012 is promoted around the world with its ambitious international expansion plan

One of the core themes of the next edition of Alimentaria will be internationalisation; Alimentaria Exhibitions, the event's organising company, is developing commercial action plans and promotion worldwide, with support,...

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Consumer confidence deteriorated

GKI's combined monthly gauge of business and consumer confidence prepared jointly with Erste Bank fell again in May as an April improvement proved only temporary. The index, prepared with European...

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Beef prices keep edging up

The Agricultural Economics Research Institute (AKI) continuously monitors and publishes world trends in poultry and meat products. Their last report reveals that on weeks 13-14 the entry price of slaughter...

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All the way up

Pálinka production in Hungary has been growing for three years. Krisztina Kérdő, the senior brand manager of Zwack pálinkas told Trade magazin that pálinkas with honey and those aged on...

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