News and articles
The inflation data has shown that traders swallowed most part of the VAT increase
Date: 2009-08-13 00:09:59
The July VAT increase did not appear fully in inflation, because in the shrinking domestic market, many traders were not able to increase their prices, in addition to the seasonal...
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Selective waste collection: people declared themselves more eco-conscious than in reality
Date: 2009-08-13 00:09:26
Only 18-20 percent of the plastic bottles are collected selectively in Hungary, even though 75 percent of the population is aware of environmental problems resulting from the PET bottles. According...
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Arabs would also buy chicken of Békéscsaba
Date: 2009-08-13 00:08:25
A company which exports on Arabian markets interested after Barnevál, the poultry processor of Békéscsaba, but specific bid has not yet arrived. If there will not be a buyer for...
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Mangalica ham is popular in the United States
Date: 2009-08-13 00:06:00
According to Tóth Péter President of the National Association Mangalica breeders; On the basis of sales, the turnover of the Hungarian mangalica ham can reach 1-2 thousands in the U.S....
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Nestlé’s profit decreased
Date: 2009-08-13 00:02:00
The world's largest food industry group, Nestlé achieved 5.071 billion Swiss francs, after tax profit in the first half of the year, which is 2.7 percent decrease compared to the...
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Unilever intensifies the production of ice cream
Date: 2009-08-13 00:01:38
Unilever Group intends to increase its Central and Eastern European ice cream producing capacity. The factory of Veszprém can also took a part in it. The Unilever group would build...
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Record amounts of corn harvest in the United States
Date: 2009-08-13 00:01:30
According to the most recent datas of the U.S. Ministry of Agriculture a record corn harvest and decrease in prices are expected. The projections show that the corn harvest this...
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Tesco: Energy from expired meat
Date: 2009-08-13 00:00:30
According to the plans of British chains of stores, around five thousand tonnes of expired meat unfit for consumption would be burned. It would be enough to power six thousand...
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Separate shops are more preferred than plazas
Date: 2009-08-12 00:11:00
According to the June research of GKI; Hungarian buyers prefer more Separate shops than shopping malls. More than one-third of the asked purchases mostly in separate shops. One quarter of...
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5.1 percent price increase in one year
Date: 2009-08-12 00:10:00
According to the datas of KSH, the one month's average consumer price increase was 1.3 percent in July 2009. Compared to July 2008 the prices increased by 5.1 percent, if...
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Agricultural finance will stall on commercial banks
Date: 2009-08-12 00:08:00
According to the Agricultural Chamber; the lack of credit is a risk to agriculture and using of EU aid and investments. Roughly 50 billion HUF is available from the source,...
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Sziget is good for everyone
Date: 2009-08-12 00:04:35
The organizers of Sziget Festival, can only calculate whether a profit has been made, after the event. But businesses can reckon on the additional economic benefits of the Festival. The...
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New shopping mall opens on 10 hectares
Date: 2009-08-12 00:03:45
Zala Park will open on 27th August on 17 800 square meters with a total of 25 businesses. The investment has an area of 10 hectares and in the future,...
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Hungary and Ukraine have the worst business climate in the region
Date: 2009-08-12 00:03:00
According to the survey of Thomson Reuters OeKB the perception of the foreign companies operating in Eastern Europe, on their own business environment and the whole economy strongly improved. According...
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According to the Ministry of Economy, there is no need for qualified cashier
Date: 2009-08-12 00:01:30
The new regulation of the Ministry of Economy would abolish the requirement of vocational training for the most of the trade jobs. The trade union fears from the obsoletion of...
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IKEA actions
Date: 2009-08-12 00:01:00
The renewed IKEA on Örs vezér Square waiting its customers from 10 am to 10 pm on 13th August. The Budaörs store operates the same opening hours. The Swedish-owned chains...
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New Commercial Director at Saga Foods Ltd.
Date: 2009-08-12 00:00:30
From 10th August 2009, Vajdahunyadi Csaba (45) leads the Saga Foods sales team. The expert who has MBA graduate, started his professional trading career as the regional representative for Procter...
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The retail sales of cleaners and hair dyes increased extremely
Date: 2009-08-11 00:06:12
According to Nielsen Market Research Company, the retail turnover of household chemical goods and cosmetics grew by 3 percent approaching 300 million HUF per year. Nielsen based its survey on...
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The National Trade Association afraid of bankruptcy wave
Date: 2009-08-11 00:05:22
According to Vámos György the Secretary-General of the National Trade Association, the damage caused by the two-digit VAT increase will bankrupt traders, entrepreneurs, especially retailers. One of the chain of...
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Wineries not dare to improve
Date: 2009-08-11 00:04:30
Wineries’ planned investments of this year can fail. Banks cut back on their lending activities due to the crisis, so capital poor wineries will not have excess despite having successful...
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McDonald's: Increasing turnover and share price
Date: 2009-08-11 00:04:10
In July, McDonald's continued to rise its revenues. Thanks to the increasing demand for hamburger and coffee, the company's sales increased by 4.3 percent, which exceeded the expectations of analysts....
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The creditors of FoodExpress can only get the fraction of their claims
Date: 2009-08-11 00:02:30
Thirteen creditors with a total value of 823 million HUF submitted a claim on the liquidation of the Food Express, Hungary (FEH) Ltd. until deadline – reports the liquidator Csabaholding...
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A decreasing interest on cereals
Date: 2009-08-11 00:01:20
According to the Hungarian Chamber of Agriculture; wheat’s price is 30 thousand HUF per tonne due to the small demand for grain. The price of autumn barley is only 25...
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Due to a dispute the production of Szobi Syrup can not start
Date: 2009-08-11 00:01:00
According to the new owner; at the Szobi Syrup Ltd., production still can not restart due to a dispute, even though the plan for this year was a turnover of...
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Levegő Munkacsoport will not start a lawsuit against the shopping mall
Date: 2009-08-11 00:00:30
Referring to the interest of the local residents, the Levegő Munkacsoport withdraw from the lawsuit against the Köki Terminál shopping centre. The green organization stressed that, after a long consultation,...
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Crisis do not put a large effect on the toilet paper and paper handkerchiefs consumption
Date: 2009-08-10 00:09:30
The retail sales of household paper increased by 10 percent between July 2008 and June, 2009, compared to the previous comparable period, and exceeded of 42 billion forints – states...
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Half million hectoliters less beer consumed last year than 2007
Date: 2009-08-10 00:08:30
The economic crisis has reached the Hungarian brewing industry. The total sales of the breweries decreased by 7 percent, compared to the previous year. The growth trend of the previous...
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The reputation of the large Hungarian companies became measurable
Date: 2009-08-10 00:07:00
The reputational ranking of the largest companies has been completed. The B & P BrandAktív measured the social assessment of 40 leading domestic companies in the last two months. The...
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Pándi cherry cake of Zilah coffee-house became the Cake of the Country
Date: 2009-08-10 00:05:30
The Industry College of Hungarian National Confectioners greets Hungary on its Birthday with Pándi cherry cake. For three years, on 20th August, in the course of the Prime Minister's Office...
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It will be easier to open small shops in the future
Date: 2009-08-10 00:04:00
The government would liberalize the trade activities significantly in the future. It will be enough to report to the competent notary the opening of a new shop. The simplification is...
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