Events
Commission welcomes plans to improve situation for people who bought property on Spanish coast
Date: 2012-08-31 08:38:18
European Commission Vice-President Viviane Reding, the EU's Justice Commissioner, welcomed an announcement by Spain that that it intends to improve legal certainty for property owners along the Spanish coast which...
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Grain harvest may be less than expected
Date: 2012-08-31 08:10:48
Russia’s two largest market research institutes significantly impaired this year's Russian wheat and cereal harvest forecasts on Monday. The SovEcon impaired its forecast of grain harvest from 70 – 74...
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Moody's: Euro-area crisis still poses greatest risk to global outlook
Date: 2012-08-30 14:12:21
The global economic recovery is at risk of faltering due to the euro-zone debt crisis, Moody's Investors Service Inc. said in its latest macro-economic risk report. The rating company said...
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Competition Authority initated proceeding in melon case
Date: 2012-08-30 12:00:00
The Hungarian Competition Authority (GVH) initated proceedings against a number of domestic commercial chains, because they assume that they violated the prohibition of restrictive agreements in case of watermelon sales...
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MVH: support to create agricultural producer groups
Date: 2012-08-30 11:58:58
The Agricultural and Rural Development Agency (MVH) starts the payment in the coming weeks for the support of about 568 million HUF in the scope of the establishment and operation...
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Economic sentiment further deteriorated in the euro zone
Date: 2012-08-30 11:56:24
The business and consumer sentiment in the euro zone was worse-than-expected and decreased in August, – shows the datas of the European Commission, released on Thursday. This is the fifth...
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Less selling places and significant price increase are waiting for the smokers
Date: 2012-08-30 11:50:46
Nearly 35 thousand tobacco outlets can disappear in Hungary next year, while smokers can buy cigarettes in the remaining four to five thousand tobacco shops on higher prices. The average...
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OTP: the expenses of Hungarian households are very high
Date: 2012-08-30 11:30:51
An average Hungarian family spends an annual 420-600 thousand HUF for overhead – shows the recent survey of OTP. The survey found that 55 percent of families pay 25-50 percent...
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IBM forecasts better months for merchants
Date: 2012-08-30 10:41:05
Sales of home furnishings in the U.S. are expected to shoot higher in the second quarter, with in-store sales increasing nearly 8 percent to $23.222 billion and online sales increasing...
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Buda Castle full of beer again – the 2nd Buda Castle Beer Festival opened its doors
Date: 2012-08-30 10:18:13
The 2nd Buda Castle Beer Festival awaits its guests from Wednesday with nearly 200 varieties of domestic and international well-known and lesser-known beers and beer specialties as well. At the...
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Harvest Festival in Eger
Date: 2012-08-30 10:15:09
The Harvest Festival of Eger will be held on the 21st and 22nd of September in the Szépasszony Valley. On the first day of the festival, wine presentations, tastings competitions...
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Fruits at the price of gold
Date: 2012-08-29 22:45:02
Data from the latest report of the Agricultural Economics Research Institute (AKI) reveals that at the Budapest Wholesale Market domestic pepper was sold at a higher price than last year....
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The government decided to help the farmers
Date: 2012-08-29 14:17:56
The government decided on the mitigation of drought damages on Wednesday's meeting, especially about the solving of the feed market troubles and about the curing of the situation of the...
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Worsening food shortage can force the human race to vegetarian diets
Date: 2012-08-29 12:20:22
The human race has to face radical changes, due to the escalating food supply problems. Among other things, the 9 billion world population (expected for 2050) has to change its...
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The multinationals can come: Hungarian webshops do not feel threatened
Date: 2012-08-29 12:11:28
Three-quarters of the webshops would develop their businesses further with the enlargement of the product range, and only one-third of them seeing a greater risk in the appearance of foreign...
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The start of the school costs tens of thousands HUF to the families
Date: 2012-08-29 12:00:29
Less than one week left from vacation: On the 3rd of September, about 1.3 million students will start the school year. The start of the school costs tens of thousands...
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Harvest Days in Kiskőrös
Date: 2012-08-29 11:09:56
The twentieth Kiskőrös Harvest and Slovak National Days will be held between 31 August and 2 September. The Wine Street of the event will be longer than ever with the...
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The special segment keeps strengthening
Date: 2012-08-28 23:44:08
From 100 Hungarians only 9-10 can say that they have no teeth problems. It is especially people above the age of 35 who suffer from bleeding gum or dental plaque...
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Partner In Pet Food: new investment, new products
Date: 2012-08-28 23:38:46
Partner In Pet Food’s dry dog food production facility completed a major investment this spring, as a result of which the plant has become capable of manufacturing soft bits too....
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The wet segment is gaining ground on the pet food market
Date: 2012-08-28 23:34:23
After the contraction of both value and volume sales in 2011, the pet food category (including both pre-packaged and those bought in bulk) kept shrinking in 2012. Last year’s decline...
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The rebirth of Pölöskei syrup
Date: 2012-08-28 23:26:25
Three years ago Pölöskei Syrup Kft., a stable player on the market changed ownership, but unlike many other manufacturers, after a swift and flexible restructuring it remained a Hungarian enterprise....
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The level of inflation was 5.6 percent in June
Date: 2012-08-28 22:50:53
In June consumer prices were 5.6 percent higher than a year before. Compared with May 2012, prices only elevated by 0.1 percent and food prices were down 0.1 percent. In...
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Differentiated VAT cut proposal in agriculture
Date: 2012-08-28 13:20:22
The proposals of the Poultry, Meat, and Dairy Marketing Boards to reduce Value Added Tax (VAT) on general basic food items were sent to the MTI on Monday. The Marketing...
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Nielsen: 54 percent of the domestic consumers are planning to purchase online
Date: 2012-08-28 12:59:57
The proportion of consumers increased by one-third over two years in Hungary to 8 percent, are planning to buy food and drinks online during the next six months. 46 percent...
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Retail: Focus on Cash Logistics
Date: 2012-08-28 12:13:52
The period of nylon bag delivery has expired: more and more retail units are turning to the direction of skilled providers, seeking for quality and safety cash logistics solutions, recognizing...
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FUSIONS project examines the entire food chain
Date: 2012-08-28 11:20:41
Up to now there has been insufficient specific data on food wastage in Europe both on a national as well as international level. Although the players in the food sector...
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Analysts: positive changes in the labor market situation
Date: 2012-08-28 10:59:01
According to the analysts of TakarékBank and ING, labor market situation changed favorably in May-July. However, they believe that unimployment rate can be close to 11 percent for the end...
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Lecho Festival for the 11th time in Szentes
Date: 2012-08-28 10:55:36
The traditional Lecho Festival of Szentes will be held for the 11th time between August and 1 September 2012 thanks to the HUNOR COOP Zrt. The organizers expect hundreds of...
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Syrups: a real Hungarian category
Date: 2012-08-28 10:22:48
The two big segments of the category are ‘flavoured’ syrups (these contain no fruit) and real fruit syrups. János Gréczi, owner-managing director of Gramex 2000 Kft. says: – From a...
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Deputy State Secretary Czomba speaks at the expansion of British American Tobacco’s plant
Date: 2012-08-28 08:15:29
Sándor Czomba, Deputy State Secretary for Employment spoke today at the inauguration of a new factory hall at British American Tobacco’s plant in Pécs. He praised the company’s long-term commitment...
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