News and articles
National Commercial Association did not expect bill to be tabled
Date: 2009-06-26 00:20:00
National Commercial Association (OKSZ) disapproves the fact that members of the parliament have tabled a bill in connection with Food Codex prior to the agreement on 24th June. They are...
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A 3.4% year-on-year decrease in the volume of retail sales in the first four months of 2009
Date: 2009-06-26 00:17:00
In April, retail sales continued to decrease at an increasing rate, showing a decrease in volume of 4.1% compared with last April. Compared to the previous month, the volume of...
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Meat-products under the brandname Globus are still available
Date: 2009-06-26 00:15:00
The greatest Czech food group, Hamé is entitled to produce and distribute Globus-branded, meat-based tinned food – Globus announced. After Globus has decided to stop the production of meat-based tinned...
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Retail sales remain weak in Great Britain
Date: 2009-06-26 00:11:00
Retail sales in Great Britain fell for the second month running in the year to June, following April’s brief respite, the CBI announced this week. The decline, broadly in line...
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City SPAR – new comfortable outlet in Szeged
Date: 2009-06-26 00:09:00
A new, previously unknown outlet-form has been introduced to the Hungarian customers in 2006 by SPAR Hungary Ltd: City SPAR supermarkets. The company has now opened a new City SPAR...
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Stockmen in Vas may get nearly six billion HUF
Date: 2009-06-26 00:06:00
Farmers in Vas County have won 5.8 billion HUF from the European Agricultural and Rural Developmental Found in order to make settlements more up-to-date – an arictle by Origo states....
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Hungarian Wine House Ltd under liquidation process
Date: 2009-06-26 00:04:00
The liquidation process of Hungarian Wine House has started on 2nd June. The company has kept a busy business in the touristically signuificant Buda Castle. The interest in the wine...
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British business services sector may lose over 300 thousand jobs
Date: 2009-06-26 00:02:00
Over 334,000 jobs will be axed across the business services sector by 2011 – the Centre for Economics and Business Research (CEBR) warned. The study conducted by CEBR suggests that...
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Floating-island by Kis tejes
Date: 2009-06-26 00:01:00
Kis tejes is coming out with a new product: floating island dessert with a flavour of nostalgia. A floating island is an European dessert consisting of "islands" of meringue floating...
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UN-OECD outlook: growing food prices in the next ten years
Date: 2009-06-25 00:09:33
Increased demand for biofuels driven by high oil prices is causing fundamental changes to agricultural markets that could drive up world prices for many farm products, according to the new...
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The agrarian branch may be a way out of recession
Date: 2009-06-25 00:09:30
Significant changes occurred in the agrifood chains and related market relations throughout Central and Eastern Europe during the last decades, results are stable now – professor Csaba Csáki pointed out...
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Herz trying to reach an agreement with creditors
Date: 2009-06-25 00:08:00
The owners of Herz Salami Factory are trying to reach an agreement with creditors prior to the liquidation process. If the agreement is made, the company may survive – Világgazdaság...
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Danone Ltd. helping children program
Date: 2009-06-25 00:05:00
The main purpose of the program initiated by Danone Ltd., running under the name „Help Children Together” is to support children living with tumour – the money gathered buy the...
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Intelligent storage and shipping by XAPT
Date: 2009-06-25 00:04:35
XAPT Hungary Ltd. has developed a new device in the area of storage and shipping that may significantly reduce serving time and thus reduces expenses, too. The market-leading company specialized...
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Avantgard, modern and classic syle in one
Date: 2009-06-25 00:01:00
Unique, timeless prducts, authentic British elegance, mdern style, interesting solutions: a bathroom-equipment saloon in Hervegprímás street has just opened its gates on 24th June. The idea of the saloon was...
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Preferential tax for benifits in kind
Date: 2009-06-24 00:15:52
Based on a new agreement by National Interest Reconciliation Council, benifits in kind are not being taxed according to the 32 percent general, but the 25 percent preferenitial tax key....
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The way GKI sees 2009
Date: 2009-06-24 00:10:01
For Hungary (and for every other emerging country) the period of ample liquidity finished that came to en and last year meant that missing domestic savings could be substituted with...
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Hungarian customers get information online before shopping
Date: 2009-06-24 00:09:00
Hungarian customers do obtain information online before doing the actual shopping in most of the cases – according to a survey conducted by TNS Infratest, ordered by Google. Thousand customers...
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Coop Szolnok allowed to purchase Héliker
Date: 2009-06-24 00:08:00
The Hungarian Competition Authority (GVH) gave Coop Szolnok the permission to purchase Héliker Commercial Ltd. Coop Szolnok has entered into a contract with Héliker on 5th March 2009 to obtain...
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Danone's 123 million new shares are of great interest
Date: 2009-06-24 00:07:00
France-based Danone had sold 123.2 million new shares for 24.73 euros each, now 5.5 billion bookings have been counted at the auction in Paris. The company had raised 3.05 billion...
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GfK Hungária is a Business Superbrand yet again, for the second time
Date: 2009-06-24 00:06:00
GfK Hungária has become a Business Superbrand yet again in 2009: the market research company has been selected to be among the best brands of the business sector (B2B) for...
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Pasta-factory in Verpelét for French and Italian export
Date: 2009-06-24 00:03:00
French-owned ASIAFOOD Ltd. is planning to open a factory in order to produce frozen pasta in Heves county, in the village of Verpelét – as announced by MTI. According to...
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Wage boost at Kométa
Date: 2009-06-24 00:01:00
More than 500 employers are affected by the wage boost taking place from July at Kométa Ltd. The wage boost is of 3-4 percent, depending on the basic wage and...
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The winners of Rauch Hungária's prize game go to Croatia
Date: 2009-06-24 00:00:20
Rauch Hungária Ltd. has launched two great customer promotions and now – in co-operation with a number of retails – organizes a prize-game, offering interesting, exciting gifts. The Rauch IceT...
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VAT-war goes on: OKSZ denies its responsibility
Date: 2009-06-23 00:15:00
OKSZ (National Commercial Association) denies the assumption that they abuse producers' market strength when it comes to the VAT-rise. Hungarian food producers have made their complaints at the Commercial Competition...
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Drink makers afraid of VAT-changes
Date: 2009-06-23 00:13:00
While certain areas of the Hungarian alcoholic beverages market will hardly be affected by tax changes, other segments may suffer greatly. Csaba Horváth, secretary general of Hegyközségek Nemzeti Tanácsa said...
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Many prizes at the 10. VinAgora International Wine Competition
Date: 2009-06-23 00:09:00
Since it was founded in 1992, VinAgora has risen to become one of the 10 most respected competitions in the profession worlwide – this year the competition took place in...
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Cadybury's success: chocolate getting more popular in Britain
Date: 2009-06-23 00:07:00
Britain's major chocolate producer Cadbury is very likely to fulfill its business plans for the year as Brits are buying more and more chocolate, while US traffic is about to...
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Ocado launches automatic re-order software
Date: 2009-06-23 00:06:00
Online grocery delivery firm Ocado is currently in the process of developing software that can predict when a household needs to re-order a particular product and will add it to...
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Tesco with a debt of net 10 billion pounds
Date: 2009-06-23 00:05:25
Tesco Plc’s decade of international expansion has pushed debt ratios at the U.K.’s largest retailer to record levels, endangering the company’s credit rating and sparking a backlash from fund managers...
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