Events
Entrepreneurs' Day: We must regain the appreciation of working
Date: 2010-12-03 19:21:11
“We have had free dinner made of credit, which now should be repaid from the lunch. However, we hope that we do not lose our lunch “- executive chairman of...
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Austria turns to the European Commission because of the special tax
Date: 2010-12-03 18:25:48
The Hungarian crisis tax prefers the Hungarian-owned companies, so it is contrary to the EU competition rules – wrote Die Presse in its Thursday's issue. The Austrian companies lobbied against...
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The most dynamic SMEs have won a Pegasus prize
Date: 2010-12-03 14:53:14
The Pegasus Prize, that is the prestigious recognition of Hungary’s fastest growing small-and medium-sized enterprises was handed over for the third time, on the 2nd of December 2010, on the...
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Last meeting of the year
Date: 2010-12-03 14:18:18
On 11 November POPAI Hungary Association held its last meeting of the year. Petra Korda gave a presentation about loyalty cards and programmes in retail, and participants also compiled the...
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Green cleaning
Date: 2010-12-03 13:52:43
Skweet also targets sport lovers: it cleans all types of sport bottle naturally, easily and effectively. The powder not only cleans bottles, but it contains only natural ingredients; it is...
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Sex drive (energy) drink
Date: 2010-12-03 13:51:47
Sex drive is different from other energy drinks: it enhances blood flow to vital organs and it has been known to increase the libido in both men and women. It...
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Drink quiz
Date: 2010-12-03 13:49:52
Britvic would like to sell more of their Juicy Drench drinks by installing smart vending machines in shops. These vending machines do not accept cash, rather they prompt participants to...
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Stagnating Hungarian FMCG market
Date: 2010-12-03 13:48:13
After a survey of 2,000 households by GfK Hungária, we learned that we did not spend more on FMCG products this year than last year, what is more, we continued...
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Agricultural product prices were up by twenty percent
Date: 2010-12-03 13:46:17
In August 2010 the production price level of agricultural products surged by 20.1 percent, compared to the level of August 2009 – vegetable product prices soared by 31.7 percent and...
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Chocolate Santa figures are the most popular – they make up for more than half of holiday season sales
Date: 2010-12-03 13:44:18
Last year sweets retail sales surpassed the level of HUF 2 billion in the December holiday season, but sales of seasonal products were 11 percent lower than in the previous...
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Increase in retail sales: it did not happen yet
Date: 2010-12-03 13:42:53
Volume sales by retail units in August were practically at the same level as last year. Sales fell by 3.3 percent in the first eight months of the year. KSH’s...
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Prices lowered in September
Date: 2010-12-03 13:39:54
In September the monthly average consumer price decrease was 0.1 percent, but compared with the level of September 2009 prices increased by 3.8 percent. According to a quick report by...
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Retail sales are slowly climbing in the EU
Date: 2010-12-03 13:38:37
According to Eurostat’s quick estimate, retail sales grew by 0.8 percent in the EU-27 and by 0.6 percent in the eurozone in August 2010, compared to the same period a...
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Food industry is still one of the losers
Date: 2010-12-03 13:36:51
Domestic industrial sales prices were 0.3 percent higher in August 2010 than in the previous month. If compared with August 2009, they were 10.5 percent higher. Industrial export sales prices...
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Food export growth
Date: 2010-12-03 13:35:22
In January-July 2010 the volume of export soared by 17 percent and that of import increased by 15 percent, if compared with the base period a year earlier. Foreign trade...
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Chocolate may become a luxury product
Date: 2010-12-03 13:34:38
Because of the decline of the cocoa bean plantations and rising demandm, chocolate soon to be classified into the category of luxury goods. According to the Ghana-based Natural Conservation Research...
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Young people spend nearly five hours in front
Date: 2010-12-03 13:32:33
In the past ten years the umber of young people who use the Internet daily multiplied by sixteen. 15-19 year olds spend a daily 4.9 hours in front of different...
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Eurozone’s retail sales increased again
Date: 2010-12-03 13:28:28
After falling for two consecutive months, the euro-zone retail sales rose in October – states the European Union's statistical office, the Eurostat on Friday. The October retail sales increased by...
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Inflation wave hits Romania and Greece
Date: 2010-12-03 13:24:36
In August 2010, in the EU-27 consumer prices were 2 percent higher on average, compared to prices in August 2009. The biggest increase was measured in Romania (7.7 percent) and...
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A lot depends on tax law and the budget
Date: 2010-12-03 13:22:18
According to economic projections by GKI Gazdaságkutató Zrt. and Erste Bank, the conditions for economic growth are somewhat worse than previously reckoned. The growth rate of external demand will be...
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Chicken sales on the rise
Date: 2010-12-03 13:18:10
Agricultural Economics Research Institute (AKI) monitors and regularly publishes the world’s poultry and meat product trends. Their latest report reveals that the volume of broiler chicken purchased weekly on weeks...
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Industrial production improved after last year’s poor performance
Date: 2010-12-03 13:16:37
In August 2010 the volume of industrial production increased by 17.6 percent from August last year. Production level in the first eight months of the year was 10 percent higher...
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Online food stores are in trouble
Date: 2010-12-03 13:13:47
Every fourth online food store eliminates its operation in Great Britain. Years ago, the Internet has revolutionized the business sector. Costumers did not have to go to the hypermarkets: the...
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The new Wine Marketing Committee has been formed
Date: 2010-12-03 13:00:12
Yesterday, the Wine Marketing Committee held its inaugural meeting at the Agricultural Marketing Center. The Committee on its first working day proposed the Ministry of Rural Development to continue the...
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A cooperative yesterday and today
Date: 2010-12-03 11:53:43
The first cooperatives were established during the industrial revolution. Their main principles were solidarity, joint work and democratic management; besides, they also helped members with opening shops and joint procurement....
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COOP has been a good neighbour for 15 years
Date: 2010-12-03 11:49:59
Co-op Hungary celebrated its 15th birthday in Budapest’s Palace of Arts in November. Nearly 1,000 business partners, colleagues and friends showed up and in the following you can read excerpts...
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Celebration and concerns at Europe’s Day in Commerce
Date: 2010-12-03 11:37:41
Europe’s Day in Commerce was celebrated for the sixth time in Budapest on 3 November. The National Association of Entrepreneurs and Employers (VOSZ) and the Hungarian member organisation of EuroCommerce...
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Nearly all households buy some kind of hygiene or skin care product
Date: 2010-12-03 11:22:48
According to GfK Hungária’s ConsumerScan, 95 percent of households bought some kind of hygiene or skin care product in the first half of 2010. In the youngest age group (under...
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Hand care creams have become cheaper
Date: 2010-12-03 11:18:38
From the Nielsen Retail Index we learn that the annual market of hand and body care creams amounts to an annual HUF 7-8 billion. From this hand crams represent HUF...
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More expensive nuts and seeds, successful dried fruit novelties
Date: 2010-12-03 11:16:43
Economic recession did not spare the domestic and international market of dried fruits and nuts/seeds. Mariann Novák, sales director of Nobilis told Trade magazin that the majority of Hungarian shoppers...
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