News and articles
Decrease in draft beer consumption in Hungary
Date: 2010-04-22 00:01:42
The economic crisis affected badly the Hungarian domestic beer industry also. Last year, a more than ten percent decrease occured in turnover. While, due to the decline in exports, the...
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Too much rain threatens the crops
Date: 2010-04-22 00:01:35
Two or three dry weeks would be needed in agriculture, to accelerate the works up and the crop vegetation to gain its absence. According to Tóth István, secretary of the...
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Thirty percent of the Hungarians having breakfast irregularly or never
Date: 2010-04-22 00:01:20
In Hungary, 30 percent of the adult population having breakfast only irregularly or never – states the April fast report of McReggeli. The datas of the survey show, that 80...
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Lidl and Tesco would expand in the poorest Member States
Date: 2010-04-22 00:01:12
Bulgaria, the poorest Member States of the European Union is expected to be the favorite target of retail chains in the next few years, the main market players have already...
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SME week in May
Date: 2010-04-22 00:01:00
Between the 25th of May and the 1st of June, the European Commission organizes a series of events, promoting entrepreneurship at the European SME Week, held for the second time....
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The STI Packaging RO Srl officially opened its doors
Date: 2010-04-22 00:00:51
What a fantastic day! dr. Tom Giessler, finance director of STI group began with these words in the 15th of April 2010 in Cluj-Napoca, Romania, on the opening ceremony of...
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McDonald's over one billion
Date: 2010-04-22 00:00:40
The world's largest fast-food chain surpassed the expectations of the analyst in the first quarter, due to its reasonably priced menus. McDonald's net profit was 1.09 billion USD in the...
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The ZEW index caused surprise
Date: 2010-04-22 00:00:20
The German ZEW economic sentiment index increased higher than the expected 45.1 points, to 53 points in April, from the 44.5 points of March. The EURUSD bounced above 1.35, the...
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The Retail Top List 2009 is out now!
Date: 2010-04-21 00:01:45
Tesco, CBA and Coop was the ranking in 2009 Nielsen’s 2009 ranking shows that Tesco is the food and chemical product retailer with the highest turnover, followed by CBA and...
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The Icelandic vulcano eruptions can hinder the economic recovery in Europe
Date: 2010-04-21 00:01:31
The European aviation experts say that the air limitation can be so long, that it can affect the economic growth this year, and the post-crisis recovery as well. The current...
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The GKI consumer confidence index is almost on its four-year peak
Date: 2010-04-21 00:01:20
In April, the seasonally adjusted value of the GKI prosperity index continued to increase. The value of the GKI consumer confidence index increases strongly after the low point of April...
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Tesco is planning to open 30 new stores in 2010
Date: 2010-04-21 00:01:08
Despite the challenges, caused by the economic crisis Tesco was managed to retain its market leading position in Hungary over the past year. The company continued to invest throughout the...
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Weaker than expected results at Coca-Cola
Date: 2010-04-21 00:01:00
The world's largest soft drinks manufacturer reported weaker than expected quarterly results, due to the weaker performance of the North American market. The Coca-Cola in the first quarter of 2010...
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Non-alcoholic beer from Gösser
Date: 2010-04-21 00:00:56
Heineken Hungária Zrt. introduces a new product to the Hungarian beer market: Gösser’s new non-alcoholic lager beer is commercially available from April. The Gösser brand, which has great traditions introduces...
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New business applications
Date: 2010-04-21 00:00:45
Those businesses can tender for a total of 23.5 billion of EU funds, which tender for the New Hungary Development Plan’s (ÚMFT) now published in three appeal. Support applications can...
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New financial manager at Metro
Date: 2010-04-21 00:00:39
Mándoki Csaba is the new financial manager of METRO Commercial Ltd. since yesterday. He was the controlling head of the central program office of Metro AG Shape 2012 formerly. The...
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Serious fines for Gastroyal
Date: 2010-04-21 00:00:32
According to the Economic Competition Authority (GVH); The Gastroyal Food Catering Ltd. between March and June 2009 made unfair commercial practices with consumers. The company made such statements over their...
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250 jobs are in danger in Győr
Date: 2010-04-21 00:00:20
The work has been suspended in the Pannon Poultry of Győr, because the firm has debts towards the workers. The company's management then decided to stop production for two weeks....
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The Bestillo won at the Pálinka competition of Gyula
Date: 2010-04-20 00:01:50
The Pálinka competition of Gyula has ended. The Raspberry pálinka of the Bestillo Pálinka house became the favourite of the audience. The young couple who founded the Bestillo pálinka mnufacturer,...
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The GKI consumer confidence index is almost on its four-year peak
Date: 2010-04-20 00:01:42
In April, the seasonally adjusted value of the GKI prosperity index continued to increase. The value of the GKI consumer confidence index increases strongly after the low point of April...
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“Net instead of fish” – a new element is added to the Élelmiszerlavina program
Date: 2010-04-20 00:01:35
The Élelmiszerlavina (Food Avalanche) program, the joint initiative of Syngenta and the Hungarian Food Bank Association launched for the third time, this year, which was broadened with a municipal tender...
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Danone's claims were not rejected
Date: 2010-04-20 00:01:24
Danone plans to reinforce that, contrary to some news, the EFSA (European Food Safety Authority) has not rejected the health benefits of Danone's Actimel and Activia. According to Danone’s coomunication,...
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While in Hungary bagmilk is becoming less used it is a blockbuster elsewhere
Date: 2010-04-20 00:01:15
While in Hungary bagmilk is getting almost extinct, UK's Sainsbury's supermarket chain introduced bags packaged milk with success, over the expectations. According to Sainsbury's; 75 percent less packaging usage would...
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Due to EU rules the price of eggs may increase double-fold
Date: 2010-04-20 00:01:00
The price of eggs may be doubled, if the producers have to introduce the new animal-friendly breeding techniques. The development could cost up to 50 billion HUF to the industry,...
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Retail should respond to the demographic challenges
Date: 2010-04-20 00:00:50
Just like in the major part of Western Europe, Central and Eastern European (CEE) countries also facing long-term demographic challenges, just like the stagnation or decreasing of the population and...
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Fortune: The list of the 500 largest U.S. companies
Date: 2010-04-20 00:00:40
Fortune has published their annual list of the 500 largest U.S. companies. Wal-Mart recovers first place from Exxon Mobil oil company, so Wal-Mart became the largest reatail chain again, after...
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Improved global economic forecast
Date: 2010-04-20 00:00:20
The performance of the World Economy expected to be increased by 4 percent this year, but this is still mainly the result of the stimulative measures, so a slower growth...
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The Pálinka coctail will soon debut
Date: 2010-04-19 00:02:03
Beside the debut of the Pálinka coctail, concerts and tastings will also color the programs of the Budapest Pálinka Festival, which will be held at the Budapest City Hall Park,...
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The possibilities of the Széchenyi Card would be broadened
Date: 2010-04-19 00:01:55
The contractors claimed that the state-sponsored Széchenyi Card working capital credit facilities are maintained and new opportunities to connect to it – said Dávid Ferenc the Secretary-General of National Association...
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Danone's revenues were grown
Date: 2010-04-19 00:01:42
The world's leading yoghurt manufacturer, the Paris-based Danone Group’s revenues increased by 8.3 percent to 3.98 billion euros in this year's first quarter. The most dominant reason of the increase...
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