Market News
The first half year's financial collapses broke record
Date: 2011-07-05 15:28:20
There have not been so many financial collapses in Hungary in one month and in one half year as it occurred in June and in the first six months –...
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Sugar prices decreased significantly
Date: 2011-07-05 14:08:33
Compared to the former price of 400 HUF, sugar can be purchased for even 273 HUF – and not only in the stores selling the state stocks – writes delmagyar.hu....
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Facts about food processing and food safety
Date: 2011-07-05 13:52:31
In Hungary, in 2010, the gross production value of food processing has reached 2,036 billion HUF – among other things, this was the major focus of the discussion held by...
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We pay one of Europe's highest VAT
Date: 2011-07-05 12:45:17
One of the highest VAT rates of the European Union can be found in Hungary. But in case of the personal income tax Hungarians pay only the half of the...
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The E. coli bacteria infected sausage did not cause disease
Date: 2011-07-05 12:11:37
The Austrians detected diarrhea-causing bacteria coli in a Hungarian sausage. The bacteria did not belong to the bacteria-strain that caused the disease in Germany. According to the datas, it can...
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EU retail trade declined in May
Date: 2011-07-05 12:08:10
In May, the volume of retail sales in the eurozone and in the EU declined by 1.1 percent on a monthly base excessing the expectations. In April, a 0.7 percent...
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Food safety: summer controls are coming
Date: 2011-07-05 12:04:14
Vegetables, fruits and ice cream are all carefully examined this year for food safety by inspectors, within the compass of this summer's regula food safety inspections – Lajos Bognár, eputy...
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The revenue of the poultry sector increased
Date: 2011-07-04 14:20:37
With different sub-sectoral results, but overall the poultry industry closed a better year this year than last year. Roughly a 20 billion HUF increase may occur in revenues – this...
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Last year, wages have increased by 3-5 percent
Date: 2011-07-04 14:11:12
Last year, a 3 to 5 percent wage increase occurred at 10 percent more companies, compared to the previous year and the number of employers giving fringe benefits have also...
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Ipsos: TV viewers prefer product placement rather than advertising
Date: 2011-07-04 13:55:08
The intensive TV viewers and the 18-29 age group recalled product placement in a greater extent than the average – reports MTI, after the statement of Ipsos. 70 percent of...
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The Sajt-Kalmár Kft. targets the Russian market
Date: 2011-07-04 13:12:21
The privately owned Hungarian Sajt-Kalmár Kft. wants to promote and sell the Hungarian cheese on the Russian markets. Spisák Tamás, the company's managing director, said that the proposed Russian exports...
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Melon-test is about to start
Date: 2011-07-04 11:32:15
Melon-season is just about to start, so Sándor Fazekas rural development minister has ordered a total, thorough control of water-melons in order to protect the right of customers. Experts are...
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Sugar Commission: how only one sugar factory exists in Hungary, compared to the former twelve?
Date: 2011-07-01 14:14:26
16 people are expected to examine, what happened, during the privatization of the Hungarian sugar factories 20 years ago. They also interested in why the Hungarian sugar industry in performance...
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Stagnating business and deteriorating consumer expectations
Date: 2011-07-01 13:07:42
In June GKI-Erste economic confidence index adjusted for seasonal effects continued to deteriorate. According to the empirical survey conducted by GKI with the support of the EU business expectations remained...
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The beer market can get through the nadir
Date: 2011-07-01 12:40:38
On the basis of the experiences of the first six months, the ten years lasting decline of the domestic beer market seems to slow down, the domestic brewers are hoping...
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Are Egypt, fenugreek seeds responsible for the diarrheal epidemic?
Date: 2011-07-01 12:30:55
According to the latest report of the European Centre for Disease Prevention and Control; the diarrheal epidemic that infected in Germany and France, are due to seeds imported from Egypt...
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The Four Paws attacks again
Date: 2011-07-01 12:25:37
The Four Paws Animal protection organization has launched an attack on, among other things, against the Hungarian goose liver and against thedomestic goose breeders. Their action was successful in Cologne,...
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Plaza Stop in the guise of sustainability?
Date: 2011-06-30 13:23:27
According to the proposed amendment of the commercial law; the firms from January, should obtain the approval of the Professional Board for Sustainable Trade (FKSZT) if they want to open...
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The poultry sector expects modest growth with a 270 billion HUF in revenue
Date: 2011-06-30 12:24:16
The poultry sector will achieve an expected 6-7 percent revenue growth, this year. Revenues are expected around 270 billion HUF, compared last year's 250 billion – told Bárány László, chairman...
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There are no uniform EU rules for honey
Date: 2011-06-30 12:14:37
It is an untenable condition, that the Union has no common regulation of allowed antibiotics in honey. For example, the honey, that is “polluted and should be destroyed”, in Hungary...
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Instore marketing is facing great expectations
Date: 2011-06-30 11:52:51
Even though 85 percent of the decisions made by FMCG-customers are made in the store while getting the shopping done, companies only spend a bare five percent of the marketing-budget...
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FruitVeB campaign for Hungarian melon
Date: 2011-06-30 11:45:15
The Hungarian Fruit and Vegetable Interprofessional Organisation and Marketing Board (FruitVeB) launches a promotional campaign amounting to 10 million HUF in early July, to encourage the sale of the Hungarian...
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When we cannot obtain food for our money
Date: 2011-06-30 11:40:51
Each year, the production of agricultural products is short of consumption, so at the main agricultural products with the stock levels decreased to a low level. According to Jim Rogers,...
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Danube Wineregion will be re-positioned
Date: 2011-06-30 11:39:33
Hungary's greatest winegrowing area, Danube Wineregion is going to be re-positioned by Agrármarketing Centrum (AMC) soon – a press conference was centered around this opic on Thursday where joutnalists had...
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A further decline in German retail sales
Date: 2011-06-30 11:32:01
German retail sales fell sharply in May, instead of the expected modest growth, while the revised April figure showed stagnation, contrary to the previously published 0.6 percent expansion. In May,...
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Competition Office fines milling companies for cartel activity
Date: 2011-06-30 10:13:02
The Competition Office of Hungary (GVH) fined three Hungarian milling companies a combined HUF 50 million for cartel activity. The companies – H&T Kft., SIKER Malomipari Zrt., and Szecseny-Mill Kft....
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Even the European Union supports protein-rich diets
Date: 2011-06-30 07:18:49
When you're talking about trying to build lean muscle tissue or “bulk up,” you've probably heard that protein-rich diets can help you gain muscle. It's true that protein does contribute...
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Mobile solutions to boost business opportunities
Date: 2011-06-29 16:00:39
MobilCom Day, organized by GS1 proved to be a success in 35 countries of the world, in three time-zones from Japan to the USA. Hungarian TElekom was the home to...
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The petitioners of the chips-tax do not support the governmental amendments
Date: 2011-06-29 13:50:56
According to the most recent proposal of Fidesz, the public health product tax would enter into force after the approval of the European Commission (EC). Koszorús László (Fidesz) submitted his...
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KSH: unemployment decreased to 11 percent
Date: 2011-06-29 13:25:26
According to the Central Statistiical Office (KSH): the unemployment rate declined in Hungary with a further 0.4 percentage points to 11 percent, in the March-May, and the number of employees...
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