News and articles
IMF expects more than four percent increase from the world economy
Date: 2011-01-25 15:10:32
The International Monetary Fund (IMF) calculates with a higher rate economic growth, than projected. According to the IMF; the global economy will increase by 4.4 percent this year, and the...
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A seventy percent increase is needed in food production in the forthcoming decades
Date: 2011-01-25 14:52:53
A new large global food crisis may hit the world again. Subsidies and custom duties play an important role in its development. These subsidies and custom duties distort the global...
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The EU reduces the supply with frozen pigs
Date: 2011-01-25 14:40:05
The European Union provided a rapid response for the falling pork prices. According to Dacian Ciolos agriculture commissioner; the decision over the private storage of pork will be born in...
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Four measures of the EU because of the dioxin scandal
Date: 2011-01-25 14:14:38
The European Commission presented four measures related to the dioxin scandal. The European Commission would introduce the reporting obligations in connection to the production and marketing risks of the product,...
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Budapest Bank moved into the Tesco stores
Date: 2011-01-25 14:04:08
Since January, Budapest Bank is the partner of Tesco Hungary in financial services. The financial institution and the chain prepares for a long-term strategic cooperation. As the first step, the...
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McDonald's raises prices
Date: 2011-01-25 13:58:19
According to the plans of McDonald's Corp. the price of the products of the company, will be increased by high raw material costs increases. Company’s prices will increase the most...
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Johnson & Johnson reported poor results
Date: 2011-01-25 12:41:56
Johnson & Johnson announced that its fourth-quarter profit increased to 2.86 billion USD, 1.03 USD per share from the 2.85 billion USD and 1.02 USD per share profit value of...
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Conterfeit chocolate-scandal in our neighbourhood
Date: 2011-01-25 09:59:58
Italian chocolate maker Ferrero has lost a long-running trademark battle over its top-selling praline in Ukraine in a case that was closely watched for its implications for foreign investments in...
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Consumers are saving worldwide
Date: 2011-01-24 13:04:53
In most countries of the world consumers are preparing to cut back their spendings in the forthcoming months, due to concerns over job insecurity and the increase of inflation –...
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EU pig sector is on the edge of collapse
Date: 2011-01-24 12:55:29
In Germany, nearly five thousand animal breeding sites were closed, because of the dioxin scandal, it is likely that meat shortage will occur on the market. Therefore, Font Sándor, chairman...
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GKI composite confidence index rises
Date: 2011-01-24 12:11:19
GKI's combined gauge of business and consumer confidence measured -6.3 points in January after -7.6 points in December, GKI announced. The seasonally adjusted index has not been this high since...
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Agricultural Office fines hard
Date: 2011-01-24 12:10:56
The Agricultural Office (MgSzH) has imposed a total of 342.5 million HUF fines again on department stores, mostly because of the violation of the prohibition of selling below the purchase...
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Agrármarketing Centrum: food safety is a top priority
Date: 2011-01-24 12:07:38
In the past few weeks, plenty of press conferences appeared linked to poisoning, inappropriate, low quality food appearing on the shelves of various EU-members. Food-safety in Hungary is rather strict,...
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Foreign wines are mixed and marketed as Hungarian wines
Date: 2011-01-24 12:00:22
Thirty percent less grapes were grown in the Balatonboglár wine region last The market it still flooded with cheap, poor-quality foreign wines. Moreover some of these wines are mixed and...
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Profit increase at McDonald's
Date: 2011-01-24 11:59:48
In the last three months of 2010, McDonald's profit was 1.24 billion dollars, 1.16 dollars per share, compared to the previous year's 1.22 billion dollars and 1.1 dollars per share...
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Products from PET bottles
Date: 2011-01-24 11:59:29
The Budafilter 94 Kft. is building a plant producing strapping tape and granules from PET bottles in Mezőfa, Fejér County. The cornerstone of the approximately 300 million HUF development was...
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The price of cocoa reached its annual peak
Date: 2011-01-24 11:53:08
The price of cocoa has increased to its annual peak in the New York commodity exchange, to 3.34 USD per tonne, which is a 4 percent increase. Alassane Ouattara, the...
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The German minister urges the food chains to open petrol stations
Date: 2011-01-24 11:10:55
Rainer Brüderle, the German Minister of Economic Affairs encourages the discount food chains, such as Aldi and Lidl to open petrol stations. The Minister expects greater competition and lower prices,...
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Furmint for February – a wine event coming up
Date: 2011-01-24 10:07:50
It's the second time the wine-event Furmint Február takes place, initiated by civils to introduce and promote as many furmint-made wines as possible throughout February. Several restaurants take part in...
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Hungarian Flavours' Fair in February – an event
Date: 2011-01-24 10:03:31
Culinary products of almost one hundred Hungarian master craftsmen will be introduced between the 11th and the 13th of February 2011 in the B Pavilion of the Millenáris, where the...
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METRO conference and customer academy 2011
Date: 2011-01-24 09:39:12
Nearly 130 FMCG-companies meet with the employees of METRO within the three days of the METRO Customer Academy, in order to discuss possibilities of co-operation in the long run. The...
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Meat controls do not mean a ban on imports
Date: 2011-01-21 20:34:41
According to a study of a German institute; the dioxin contamination was due to the improper storage of used frying fats for biodiesel production. The Hungarian Meat Association protested against...
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ECB flags risks of inflation, food prices rise
Date: 2011-01-21 12:47:58
The European Central Bank warned that commodity and food prices could push euro-zone inflation higher, the latest sign of concern from officials about the buildup of price pressures in the...
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The mangalica sector defies against the crisis
Date: 2011-01-21 12:06:37
The Hungarian mangalica breeders were managed to maintain the Hungarian mangalica breding on the same level, compared to the previous year, despite the difficult economic conditions. Last year, the Hungarian...
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Ipsos – the emerging countries trust more in economic upturn than the more advanced countries
Date: 2011-01-21 12:02:30
The inhabitants of the emerging countries are much more optimistic, over the economic upturn than the citizens of the more advanced countries – shows the survey of Ipsos. According to...
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The Hangya Cooperation calls for stronger import controls
Date: 2011-01-21 12:01:41
According to the views of the Hangya Cooperation; increasing controls are justifiable in the field of food imports, to protect consumer safety and the domestic producers. The organization points out,...
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New packaging invented to prevent food spoilage
Date: 2011-01-21 12:00:22
Scientists are reporting development and successful lab tests of “killer paper,” a material intended for use as a new food packaging material that helps preserve foods by fighting the bacteria...
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Company executives preparing for sales expansion
Date: 2011-01-21 11:58:16
Top-level executives expect intensifying competition, volatile and unpredictable markets, shrinking margins and the increasing of the importance of innovation – shows the study of the Ernst & Young, entitled “Competition...
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Gastronomic Fair on the Millenáris
Date: 2011-01-21 11:52:50
Culinary products of almost one hundred Hungarian master craftsmen will be introduced between the 11th and the 13th of February 2011 in the B Pavilion of the Millenáris, where the...
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Uniform rights for all European customers!
Date: 2011-01-21 11:51:55
Paolo Martinelli, the President of the civil Consumer Protection Organisation (BEUC) of the European Union and Morvay György, President of the National Consumer Protection Organisation (OFE), gave BEUC’s Union consumers...
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