News and articles

Hungarian Maltese Service will get 10 HUF after each sold Vanish product in July

The manufacturer of Vanish, the Reckitt Benkiser in the course of the “free of blemishes gift program” offers 10 HUF to the Hungarian Maltese Service after each sold Vanish product...

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Retail sales decreased by 5 percent

In the view of the traders, the increase of VAT rate and excise taxes even more decreases public consumption – stated Feiner Péter, President of the National Trade Association (OKSZ)...

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Half billion HUF fine because of misleading the consumers

For misleading the consumers 500 hundred million HUF fine has been imposed by the Economic Competition Authority this year. Compared to last year's 700 million HUF fine for the full...

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Chemicals found in organic products

The EU's food safety agency, the EFSA found pesticide concentrations higher than the permissible limits in 1.24 percent of vegetables and fruits derives from organic farming. The Parma-based organization has...

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End of recession in Europe's largest economy

According to the Ministry of Economic Affairs in Berlin; after a historic drop of one year, in the second quarter of the year, the shrinking of the German economy has...

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McDonald's moves to Switzerland

McDonald's is going to transfer its registered office from the United Kingdom to Switzerland, due to the more favorable tax rules, relating to intellectual property. The new center will be...

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One-third less cereals, means a loss of 60-80 thousand HUF per hectare

According to Vancsura József, President of the National Association of Cereal Growers; Due to the the drought, and the rainy, stormy weather in the last year it is expected that...

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Russian poultry center with Hungarian technology

With an approximately 26-28 million euros investment, a duck and goose breeding base center will be set up in Russia, Bashkiria, using Hungarian techniques – announced Bárány László, President of...

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Twenty billion dollars to the african agriculture

The world's economic superpowers will provide a 20 billion USD aid for agricultural developments in poor countries – agreed the participants of the G8 meeting. The three-year grant which will...

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Hypermarket growth expected to continue across India

The expansion of hypermarkets across India is likely to continue unabated, according to a new study, which said about 315 new such outlets could open in Tier I and Tier...

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This year, at least 26 percent of income will be spent on food

According to the survey of GfK Hungária, the spending on food and luxury items, from net income can increase to 26-26,5 percent this year, from last year's 25 percent. Kozák...

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The 30 billion of the food industry bank guarantee program is not enough

The 30 billion will be not enought – announced Secfretary of Ministry of Agriculture and Rural Development, Gőgös Zoltán on a professional conference in Budapest. The goal of the  program...

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Decreasing producer prices in agriculture

The agricultural producer level in May 2009 decreased by 21.7 percent compared to the same period of the previous year. The price of vegetable products decreased by 28.9, the price...

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Melon producers are not affected by Auchan's 59 HUF per kilogram prices

Auchan has advertised Melon special action. 59 forints for a kilogram of melon. The President of Melon Association do not afraid of the pricedown effect of the action. Street vendors...

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The number of employees in agriculture can be increased

According to Gőgös Zoltán Secretary of the Ministry of Agriculture, with the potential use of renewable energy sources in the more and more mechanized, modernizing agriculture, the number of employees...

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Three hundred and thirty billion HUF for social responsibility

According to GKI's survey made with involvement of 1500 Hungarian companies, an increasing number of domestic companies, spend on social responsibility (CSR), The companies over 20 capita around 330 million...

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Former sugar beet growers can get support with EU contribution

According to the informations of the EFE news agency, European Commission allowed that Spain, Slovakia and Hungary can get state support for sugar beet growers who were previously affected badly...

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Migros loses out to Lidl

Swiss supermarket chain, Migros, has seen its profits fall due to the competition from Lidl, according to the group's head of directors, Herbert Bollinger. Speaking to the press he said...

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Large chains are expanding

Although the turnover per square meter was significantly decreased, the large supermarket are opening a new businesses despite the crisis. Tesco plans a two-digit extension this year just like in...

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Chaotic prices in the shops because of the VAT increase

Only at the end of July will be orderliness in the retail price system, because the chains are reviewing individually the pricing of each category of products as well as...

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The return to the Russian market will not necessarily help Hungarian meat industry

The big question is that how the companies, interested in pork meat exports, can live with the return chance to the Russian market. Currently, it is almost impossible to satisfy...

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Source deficit in the Hungarian agriculture

To obtain credit in agriculture is harder than in the past. Due to the effect of the crisis resources decreased by around 15-20 percent – stated Gráf József Minister of...

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The bread factory has been closed in Szentes

In the bread shop, of the bread factory, bread still can be purchased but the production has been stopped, the plant has been closed on the 1st of July. The...

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Asda wants customer feedback to decide product range

Wal-Mart’s Asda customers will soon be able to have a say when it comes to the sorts of products they want to see on the shelves in its UK stores....

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On an annual basis Romanian retail sales decreased by 12.3 percent

A record fall back occured in the Romanian retail sales in May, mainly due to the decrease of the vehicle sales. Food retail declined below the average. According to the...

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Collaboration in the prevention of alcohol abuse

A cooperation was called to life against excessive alcohol consumption, with the participation of Heineken Hungária Zrt, the European Youth Research and Communication Center (EIKKA), Est Média Group and Sziget...

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Tesco vs. trade union – court case can be from the strike

Tesco sent written warnings to its employees who participated in Liga's 8th of May strike. Independent Trade Union of Workers wants to bring the case into court. The employer was...

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The mineral water market is still strong

Despite the crisis, the Hungarian mineral water market was characterized by stability in the past year. Between May 2008 and June 2009, in value 45 billion HUF were spent on...

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Tesco Travel is waiting its customers with travel offers

Tesco-Global Stores Ltd. has launched its new service under the name of Tesco Travel. The selling of the offers occures through TSC Ltd. with the assistance of contracted partners like...

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Assets elements of Herz can be sold, Gyulai Húskombinát waits for bank guarantee

The agony of traditional Hungarian meat industry continues. Redundancies started at Herz Szalámi, elements of assets are waiting to be sold. A Gyulai Húskombiánt Ltd. is still waiting for MFB...

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