News and articles

Magazine: Famine, malnutrition and solvent demand

Throughout the course of history, numerous experts have examined the relationship between food production and population growth. Last time it was at the OECD Conference for Agriculture Ministers that the...

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Laws tightening will make the self-produced food more expensive

The amendment would prohibit the marketing of self-produced food “below cost price”. According to the traders; the law can not rewrite the long-term competitive market conditions. According to the informations...

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The meat industry faces deficit this year

Meat processors face serious difficulties between the producers and the dealers. In order to reduce their losses they export their products,  in March they are expected to increase their prices....

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Crisis still continues in the real economy

According to the analysis of Coface Hungary; the crisis has not ended in the real economy, the massive bankruptcy of the companies continues. Although the annual twenty-thirty thousand bankruptcies compared...

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800 thousand visited the Corvin since opening

Since its 27 October opening, the new downtown shopping center, the Corvin puts a special emphasis on development and on operation. The latter proved to be very effective. Since the...

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Ipsos: Thanks, we are fine

We had an odd year: good and bad experiences cumulated in the mood of the people. The three-quarter of the Hungarians complained about of their finances ans financial situation and...

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New world brand in Hungary: Hard Rock Cafe arrives next autumn

The first Hard Rock Café in Hungary will be opened in the VÁCI1 business center next autumn, at the Ferenciek square – was announced on Thursday. The American restaurant chain...

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Tesco helps with the Christmas preparations

The Christmas preparations soon to be started in the kitchens. In recent weeks, more than twenty tons of poppy, nearly five tons of nuts and over 350 thousand walnut had...

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A pleasure to give: charity action by SPAR and Maltese Charity Service is on

The charity action “It's a pleasure to give” is on now: it basically means that volunteers of the Hungarian Maltese Charity Service are going to gather perishable food for those...

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Food Avalanche: 10 thousand food packages to those in need

Perishable food of more than 25 million HUF has been gathered within the compass of three-year-old Food Avalance charity action. The program was organized by Hungarian Food Bank Association and...

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Men are are efficient when buying Christmas gifts

Even though this year Christmas gifts are going to be more modest than last year, the holiday will be a lot like in the previous years. Most people spend less...

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Silver Sunday was successful, traders are confident

According to traders this season is much more intense than last year. There are more customers, mainly interested in technical products. The real rush is expected for next week. Malls...

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Industrial production increased over 8 percent in the last 12 months

The volume of industrial production grew by 8.3 percent in October 2010, compared to the same period of last year. The production in the first ten months of the year...

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VOSZ: The majority requires Sunday's opening hours

According to the National Association of Entrepreneurs and Employers (VOSZ), the whole Hungarian economy and the majority of the population require weekend opening hours of the retail shops. In the...

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Competition Authority celebrated the 15th anniversary of Hungarian Association of Brands

The Competition Authority plans to strengthen its customer-friendly, predictable attitude, however finds it important to have reliable, law-abiding and ethical domestic enterprises – Dr. Miklós Juhász president of Competition Authority...

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New leadership for Henkel's Adhesives Business

Thomas Geitner (55), Executive Vice President Adhesive Technologies and member of the Management Board, will resign from office effective December 31, 2010 for personal reasons. Jan-Dirk Auris (42), currently Senior...

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Young people spend more on Christmas gifts

Young people spend more, but less and less young people pay with cash at Christmas. One study found that the youngest bank customers spend an average of nearly 23 thousand...

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Sows should gave birth to more piglets to catch up with Western Europe

The efficiency of pig production should be increased. Currently a sow has an average of 18 to 20 piglets. This should be increased to 26 to 28 – said Német...

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The Hungarian Rural Academy promotes the local products

The second series of the Hungarian Rural Academy (Magyar Vidékakadémia) organized by the Hungarian National Rural Network has been launched on the 10th of December 2010 in Budapest. The academy...

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UPS: Christmas peak in delivery

The staff of UPS are ready to deliver 430 million packages in December. The 22nd of December is expected to be the busiest day of UPS. According to the expectations...

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Rézangyal selected a PR-agency

Starting from December 2010, all pr-tasks linked to one of Hungary's greatest premium spiririts distributor Rézangyal will be carried out by Red Lemon Media PR Agency. The two companies have...

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The Competition Authority punished again

The Competition Authority fined another company organizing consumer groups. The Quantum Invest like the others, has published misleading advertisements, therefore fined to 4.7 million HUF and prohibited the company from...

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Market-leader domestic mineralwater brands sponsors Hungarian movie

The Hungarian movie Üvegtigris 3 has been supported by Szentkirályi Mineral Water Ltd.: the movie is going to be in the cinemas in December 2010. Levente Balogh, owner and CEO...

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Corrugated products will see a major price-increase

Due to the higher costs of basic materials, it is likely that the prices of corrugated pruducts will see a major increase in the near future. According to the Association...

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Tesco collects PET bottles

Tesco encourages its customers to collect the PET bottles and aluminum cans-back, between the 24th of September 2010 and the 11th of February 2011 in more than 110 hypermarkets across...

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Magazine: SIAL 2010 – more exhibitors, fewer visitors

At this year’s SIAL in Paris 5,700 exhibitors were present from 106 countries – 200 more than in 2008. Although the Agricultural Marketing Centre did not support Hungarian companies’ participation,...

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Agricultural products prices increased by a quarter in one year

The level of agricultural product prices were 24.7 percent higher in October 2010, than a year ago. In particular, the price level of plant products increased by 37.1 percent, the...

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Declining turnover, but positive results for Pick Szeged

After last year's 64 billion HUF, PICK Szeged Ltd. expects a 58 billion HUF turnover – László Kovács, CEO of PICK Szeged Ltd. pointed out within the compass of a...

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Meat test with test purchases: one-fifth of the items had a problem

Five from 26 items had problems, during test purchases, meaning the item was not of sufficient quality – states the National Meat Institute (OHKI), after the joint test, carried out...

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Unilever: award for sustainable attitude

The Ethics in Business Award is an annual prize conferred by the World Forum for Ethics in Business to honor individuals and companies that have demonstrated the importance of human...

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