News and articles
Austrian Christmas retail sales defy with the crisis
Date: 2011-12-21 12:48:27
According to the Austrian Economic Chamber (WKÖ); despite the slowdown of the economy, Austrian Christmas retail sales remain favorable. The turnover of furniture stores and electronics stores increased the maximum...
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Müller's logistics center in Letenye opens the middle of next year
Date: 2011-12-21 12:35:10
In the middle of next year, the Müller drugstore chain's new international logistics center will start its operation in Letenye, Zala county – told the Ulm-based center of they company...
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A good year for Vajda Papír
Date: 2011-12-21 12:20:03
The Vajda Papír Kft. closed a good year. The purely Hungarian-owned, leading hygienic paper manufacturer sales of this year exceeded 17 billion HUF and increased by more than 20 percent,...
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Magazine: New tax?
Date: 2011-12-21 11:55:17
If the parliament approves the government’s proposal, from next year those working in the food sector will have to pay a food chain supervision fee. Although the name suggests a...
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Competition supporting families in need
Date: 2011-12-21 10:53:53
The program called “We are supporting families” has been helping the every day life of the kids in SOS Children's Charity for years. This year, organizers of the progran decided...
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P&G Children’s Safe Drinking Water Program Shares Four Billionth Liter of Clean Water
Date: 2011-12-21 10:07:18
The Procter & Gamble Company (NYSE:PG) announced today that it has provided its four billionth liter of clean drinking water through the P&G Children’s Safe Drinking Water Program (CSDW) by...
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The foreign currency rescue package can cause a moderate consumption growth
Date: 2011-12-20 14:00:12
The last week announced foreign currency rescue package of the Government and the Banking Association can result the remaining of more money for consumption for a wide range of people,...
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Éder Tamás: there is no real taskmaster of food industry in the government
Date: 2011-12-20 13:20:57
There is no real taskmaster of the food industry within the government – told Éder Tamás, president of the National Food Processors Association (ÉFOSZ) to agromonitor.hu. The Ministry of Rural...
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The Real and the Coop networks will accept the Erzsébet meal vouchers
Date: 2011-12-20 12:20:58
The Real and the Coop networks both join to the Erzsébet meal vouchers accepting locations. The agreement was signed on Tuesday by Guller Zoltán, Managing Director of the National Travel...
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Carsten Knobel will be Henkel's new CFO
Date: 2011-12-20 12:11:35
Carsten Knobel will be the new corporate vice president and chief financial officer (CFO) and will be responsible for corporate controlling at Henkel's cosmetics business branch, from the 1st of...
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Cigarette price increase earlier than planned
Date: 2011-12-20 12:10:49
Tobacco excise tax will be increased earlier than planned in next February and in July, instead of the previously-planned May and November dates and the increase will be higher than...
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Goodman builds two new logistics centers to Amazon
Date: 2011-12-20 12:07:23
The Goodman Group signed pre-lease agreements for two logistic centers with one of the world's largest web trading company with the Amazon.com. Both of the facilities that will be built...
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Ipsos Global @dvisory: The Economic Pulse of the World
Date: 2011-12-20 11:56:41
A major analysis of world public opinion was released today by Ipsos— one of the world’s largest market and opinion research companies. The report, titled “Ipsos Global @dvisory: The Economic...
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Goodman Wraps Up 2011 with 220,000 sqm Amazon Deals
Date: 2011-12-20 11:45:30
Goodman Group (Goodman or Group) today announced that it will develop two pre-committed logistics centres for Amazon, one of the world's leading e-commerce providers. The developments in Koblenz and Pforzheim...
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Kométa is supporting students
Date: 2011-12-20 11:36:36
Similarly to the previous year, Kométa's Santa has visited Kaposvár-based Bárczi Gusztáv Methodology Center on 6th December, in order to support students with a number of gifts. The company has...
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Proposed tax law amendments for 2012
Date: 2011-12-20 11:32:28
From all sectors it is probably retail and consumption that are the most affected by the proposed tax law amendments – there are several products on which many types of...
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There is a need for genuine change
Date: 2011-12-20 10:40:09
GKI forecasts that even to start the negotiations with the IMF successfully, genuine economic policy change and the return to market economy principles are required. Next year, however, this would...
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Lack of commercial credit, people buy from their savings
Date: 2011-12-19 13:58:29
One week remained for Christmas shopping. According to the retailers; customers buy from their savings. The traffic datas indicate that this year's Christmas will be on the level of last...
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The GDP forecast of economic researchers for 2012: GDP will be between plus 0.3 and minus 1.5 percent
Date: 2011-12-19 13:45:05
Kopint-Tárki forecats a 0.3 percent economic growth, while the Pénzügykutató a 0.7 percent decline, the GKI Economic Research forecasts 1.5 percent decrease in GDP next year. According to the Thursday...
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The webstores are the real winners of Christmas
Date: 2011-12-19 12:50:06
Although it is still a week left until Christmas, now it is likely that the online shopping season ends with a remarkable success in Hungary. Internet sales are becoming increasingly...
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Sales of hair colouring, body lotion and toilet paper rose 1-6% in volume terms
Date: 2011-12-19 12:46:12
Retail sales in Hungary of household chemicals and cosmetics fell 1% in value terms and 3% in volume terms in January-October from the same period a year earlier, market research...
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Increase on the market of luxury products
Date: 2011-12-19 12:40:39
The global economic crisis created exactly opposite effect on the market of the most expensive products, the luxury trade representatives are reporting increasing revenues. This trend indicates that the richest...
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The Association of the Hungarian Tobacco Industry will be terminated
Date: 2011-12-19 12:35:40
At the end of January, the Association of the Hungarian Tobacco Industry will be terminated – informed the organization MTI over the this decision, at the alliance's extraordinary general meeting...
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The NAV seized thousands of illegal alcohol products
Date: 2011-12-19 12:30:46
In a two months time, thousands of liters of illegally produced alcohol products and more distilling equipment were seized by the National Tax and Customs Administration (NAV) – told the...
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Hungarian wine also participated at the ceremonial dinner of the Nobel Peace Prize Ceremony
Date: 2011-12-19 12:20:34
The 2007 vintage 5 butt Aszú wine of the Royal Tokaji wine cellar took part at the gala dinner of this year's Nobel Peace Prize Ceremony. The event was held...
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Latest GfK data on the worldwide photo market in 2011
Date: 2011-12-19 12:08:33
Technical innovations are the main reasons why consumers are happy with the latest digital cameras – even if they already own an older model. There is a particular demand for...
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Exciting diversity of events for ProWein 2012
Date: 2011-12-19 11:43:55
With over 3,700 expected exhibitors from around 50 countries, ProWein 2012, from 4 to 6 March, will once again provide a unique comprehensive reflection of the international wines and spirits...
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GKI-Erste economic sentiment index reached its lowest level in the past two years
Date: 2011-12-19 10:26:05
In December, after an almost continuous decline of ten months, GKI-Erste economic confidence index adjusted for seasonal effects fell to its biannual low. According to the empirical survey conducted by...
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Tobacco-products might become a state monopoly
Date: 2011-12-16 13:58:12
Tobacco-product retail might turn to be a state monopoly from 2012, in case the Parliament says yes for the law to protect minors and re-regulate the rules of tobacco retail....
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SGS: tests protect the brand and the consumer
Date: 2011-12-16 13:35:59
SGS’s food testing services span the entire food supply chain from raw and semi-manufactured foodstuffs to final products in all principal food segments, helping protect consumers from potential hazards such...
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