Market News
Governors step up push for children's health funding
Date: 2007-07-23 00:00:00
The american nation's governors stepped up pressure on the Bush administration Sunday to boost federal spending on a health insurance program serving low-income children. During its annual meeting, the National...
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Larvae found on pizzas
Date: 2007-07-23 00:00:00
Czech authorities ordered the withdrawal of tens of thousands of frozen pizzas made by local manufacturer Guseppe after they were found to contain insect larvae. "Our inspectors found 9,990 rotting...
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Mineral water market develop well
Date: 2007-07-20 00:00:00
In quality 22% more, in value 19% more mineral water was sold between last and this years June. It was a record increase is mineral waters's retail – according to...
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New rules limit junk food ads aimed at children
Date: 2007-07-19 00:00:00
Eleven of the USA's biggest food and drink companies will adopt new rules to limit advertising to children under the age of 12. The companies, including Campbell Soup Co.,...
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Sweden to face EU Court over alcohol tax
Date: 2007-07-19 00:00:00
Sweden should not be allowed to have higher tax on wine than on beer quoting a top EU judge. Paolo Mengozzi, the Advocate General of the European Court of Justice,...
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New rules for overtime
Date: 2007-07-18 00:00:00
The employers and employee may have extra agreement about 300 hours overtime per year. normally overtime can't be more than 200 hours per year. According to the new rules an...
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Stop for czekish poultry
Date: 2007-07-18 00:00:00
Auchan stoped buying and selling poultry from Czech Republik for interim time. Altough its supplier guaranteed, that the transported products are bird flu free, the supermarket chain decided not to...
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Premium crisps drive growth
Date: 2007-07-18 00:00:00
Consumers are looking for healthier products, but that they don't want to compromise on taste or quality. A developing demand for premium products such as those made with alternative ingredients is keeping...
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The english children don't want to eat fruit
Date: 2007-07-17 00:00:00
A government scheme to give free fruit to schoolchildren may not result in any long-term health benefits, say experts. The government has spent millions of pounds giving daily free...
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Communication for honey
Date: 2007-07-17 00:00:00
In the future the M&H strategic communications company does the outer and indoor communications, PR activities and lobby activity for Hungarian Apiary Association. The cooperations goal is the support the...
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Late October to see Arena Plaza open in Budapest
Date: 2007-07-17 00:00:00
The 180,000-sqm mega-mall will boast a total of 65,000 sqm space available to nearly 200 retail store owners. In spite of concerns surrounding the viability of completion before the end...
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Alcohol is cheap in Hungary – according the Eurostat
Date: 2007-07-16 00:00:00
Last years the alcohol price level was low in Hungary, counting in 27 EU-member states. According the Eurostat informations in Hungary the price of alcohol beverages is 77% of EU...
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Poultry infected with Salmonella delivered to Romania
Date: 2007-07-16 00:00:00
Second time, in the last weeks delivered hungarian suppliers a salmonella defected poultry into Romania. The meat was found in a warehouse near to Arad. The salmonella infection is not...
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Food safety control at the army
Date: 2007-07-16 00:00:00
The Chinese army is to take steps to ensure the safety of its food supply, due to fears unsafe products could harm combat capacity. According to a circular, food suppliers...
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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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A higher VAT could save lifes in Britan
Date: 2007-07-13 00:00:00
A tax on fatty foods such as cakes and biscuits could prevent more than 3,000 premature deaths a year, a new study has shown. Researchers from Oxford University said extending...
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Hungarian like biscuit
Date: 2007-07-13 00:00:00
The sales of sweet biscuits increase 13% last year in value and quanta too between June of 2006 and Mai of 2007. július 13. According to Nielsen datas the total...
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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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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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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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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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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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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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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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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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