News and articles
Hungarian are interested for innovations
Date: 2007-07-13 00:00:00
According to Szonda Ipsos's newest research, 60% of hungarian customer call for the new or renewed products. The permanent development is nowadays a key to survival, it's the only...
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The price level of cereals was still up by almost 30% yr/yr
Date: 2007-07-13 00:00:00
The KSH detected a 8.1% yr/yr increase in the January-May period, down from 9.8% in the first four months. Excluding fruits and vegetables, agricultural producer prices were up by 9.1%...
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Hungary's headline inflation rate ticked up to 8.6% year-on-year in June
Date: 2007-07-13 00:00:00
The Central Statistical Office (KSH) said the core inflation – which strips away volatile fuel and food prices – also climbed, coming in at 5. 9% compared to 5. 7%...
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Two weeks controll – HUF29million penalty
Date: 2007-07-12 00:00:00
In foodsafety action, operating since 25 June, 1909 control were made. The restaurant, pubs and cafes have to pay HUF 25million fine because of essential quality problems, and HUF3,2million locale...
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Happy 25 th anniversity for Diet coke
Date: 2007-07-12 00:00:00
World's #1 Diet Sparkling Beverage Celebrates a Quarter-Century of Refreshing the World with Great Tas. Twenty-five years ago, Diet Coke burst onto the scene and forever changed the beverage landscape....
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Managing Directors can be employed again in Hungary
Date: 2007-07-12 00:00:00
From 1 September 2007 it will be allowed again for executive officers (especially Managing Directors) in Hungary to establish an employment relationship with the company. Consequently, the provisions of the...
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Cargill to acquire full ownership of Hungary's Agrograin
Date: 2007-07-12 00:00:00
Cargill, a US-based international provider of food, agricultural and risk management products and services, has begun the process of acquiring full ownership of Agrograin. The leading grain and oilseeds trading...
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Works council call on Sarkozy to protect “Source Perrier”
Date: 2007-07-12 00:00:00
The Source Perrier works council has called on French President, Nicolas Sarkozy, to intervene to prevent any move by Nestlé to transfer production of the sparkling mineral water away from...
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Budvar see sales boost in H1
Date: 2007-07-12 00:00:00
Budejovicky Budvar has sold 11% more beer in H1 than last year, according to reports. According to the Czech Brewing and Malting Association, Budvar's H1 results were nearly four times...
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Unilever unveils cholesterol-lowering drink
Date: 2007-07-12 00:00:00
The new launched dairy drink containing plant sterols targeting consumers looking to reduce their cholesterol. The Promise activ SuperShots, will be available in three flavours in grocery stores and supermarket...
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In front of Europark Neo Center to build
Date: 2007-07-11 00:00:00
The London based Chayton Capital LLP will invest HUF 15 billion on building a mall, a sportcenter and an office building in Budapest, on the corner of Ulloi and Hatar...
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Louis Delhaize to buy
Date: 2007-07-11 00:00:00
The European Commission has announced it has cleared Belgian retailer group, Louis Delhaize SA's proposed acquisition of Hungarian hypermarket retailer, Magyar Hipermarket Kft. Louis Delhaize is a privately owned company,...
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Unisys Hungary – one year doubled staff
Date: 2007-07-11 00:00:00
The Hungarian arm of the Unisys Corporation, a worldwide information technology (IT) services and solutions company, is to nearly double its staff at its services centre in Budapest. Unisys...
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Danone to buy Numico
Date: 2007-07-11 00:00:00
French food group Danone has offered to buy Dutch baby food manufacturer Numico with a surprise bid of more than 12 billion euros. Numico is the world's second largest manufacturer...
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New directors at HPS
Date: 2007-07-11 00:00:00
After 16 years FMCG experience arrived Miklos Ostermayer at HPS Group. The new director of sales divison starts with a fresh outsourcing leader called Tamas Korody. In his new...
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Hungarians increasingly opt for domestic products
Date: 2007-07-11 00:00:00
Over the recent years, Hungarians have been increasingly buying domestic products because they realised this helps domestic companies and Hungarian goods are generally of good value. A recent survey by...
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Eckes-Granini acquires Brämhults
Date: 2007-07-10 00:00:00
German-based fruit beverages company Eckes-Granini Group has acquired the Swedish premium fruit juice producer Brämhults Juice AB from from Mellby Gård Industri AB. The deal, which was completed on 1...
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The world of Smirnoff to the palm of the consumer trough mobilephone
Date: 2007-07-10 00:00:00
Drinks giant Diageo has launched an innovative mobile internet marketing initiative for the Smirnoff brand in the UK. Through the pioneering mobile service, which is available via the mobile...
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Drugs outside of pharmacy, not only at gas station, but in hypermarkets too
Date: 2007-07-10 00:00:00
From July the customer can buy OTC medicines at two Tesco stores. The retail chain's two hypermarkets, in Budaörs and in the XX. District, started to sell OTC drugs....
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Activities in the black economy generated more than HUF 4,000 billion income
Date: 2007-07-10 00:00:00
Last years Hungarian GDP was HUF 23,560 billion, from this 17-18 % could be generated in the black economy. Hungary is to step up tax rigour in a bid to...
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InBev sells off Belgian and Dutch assets
Date: 2007-07-10 00:00:00
Brewing combine InBev has announced that it is selling certain retail estate assets in the Netherlands and Belgium to Belgian property group Cofinimmo. The brewer said it had entered...
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HUF 10 million penalty for Drogerie Markt
Date: 2007-07-10 00:00:00
Two of DM campagne could deceive customer said GVH, Hungarian Competition Authority. After Rossmann's stickler the German-owned drugstore chain Drogerie Markt have to play fine, because of its „Quality for...
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A coloring could cause cancer
Date: 2007-07-10 00:00:00
A food additive found in some sausages and burgers could trigger cancer, food safety specialists have warned. The European Food Safety Authority (EFSA) panel on food additives and flavourings...
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New Hungarian real estate tax to come in 2009, not 2008
Date: 2007-07-09 00:00:00
Hungary will introduce the new real estate tax, which will combine four property-related local taxes and one central tax, from 2009, Minister of Economic Affairs, János Kóka said. Earlier this...
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PepsiCo offer for Danone
Date: 2007-07-09 00:00:00
Last summer, there was constant speculation that the US company was preparing a bid for Danone, french politicians were disgusted. Pepsico Inc is mulling a takeover for Groupe Danone, French...
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Rexam to buy Russian beverage can maker
Date: 2007-07-09 00:00:00
As part of its bid to expand operations into emerging markets Rexam said it has agreed to buy a Russian beverage can maker for €218m. Rexam, the world's leading beverage...
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Instead marmale honey is comming
Date: 2007-07-09 00:00:00
Sales of honey rose 14 per cent between 2004 and 2006 while marmalade sales dropped 10 per cent, according to a new study in the UK. The report by Mintel...
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Invest in automation
Date: 2007-07-09 00:00:00
Suppliers and manufacturers alike should investigate and invest in automation production lines, according to a new report. The study was carried out by the University of Lincoln in association with...
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Finland-based Fazer Group has taken a majority stake in Russian bakery OAO Volzhky Pekar
Date: 2007-07-09 00:00:00
The company hopes the purchase will double the bakery's turnover in five years. Fazer Russia is currently making a large investment at the Volzhky Pekar's bakery in Moscow, with the aim...
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Atrium Center Satu Mare, Romania
Date: 2007-07-06 00:00:00
The British Dawnay, Day has recently acquired 2.7 hectares of land in Satu Mare in order to build a shopping centre. The investment will amount to approximately €61 million according...
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