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Lower praline sales in the first 6 months

According to GfK Hungária’s ConsumerScan, average praline sales exceeded 1.3 kg (approximately 8 boxes) in the first 6 months, we usually buy 1-2 boxes once a month. Buying frequency was...

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Széchenyi Card in numbers

The programme was launched in 2002 and after 160,000 applications 120,000 have been handed out so far. SMEs usually apply for HUF 5 million or smaller loans. More and more...

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Pasta market surpasses HUF 27 billion

Annual pasta sales were up by 4 percent in August 2008-June 2009 and surpassed HUF 27 billion. In the same period volume sales stagnated around 53,000 tons, reveals the Nielsen...

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Decrease has not stopped

Retail sales continued to fall in July (6.6 percent in volume). According to KSH’s report, the decrease was 2.3 percent smaller than in the previous month. In the first seven...

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More cooking done at home is both an opportunity and a challenge for pasta

Average price on the pasta market has been stagnating since 2008 and private labels have achieved a 45 percent market share. Import is not significant and egg-content is practically unchanged....

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Cattle sent to the slaughter

Agricultural Eonomics Research Institute (AKI) continuously monitors and publishes world trends in poultry and fruit/vegetable products. Their latest market report reveals that decrease in the production price of domestic slaughter...

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We buy pasta more frequently

The volume of pasta bought per household increased moderately in January-June 2009, reveals GfK Hungária’s ConsumerScan. Fewer households bought pasta, sales still improved by 2 percent. 80 percent of households...

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Optimistic report on the economic perspectives of the near future

Summer data indicate a moderate improvement in the situation of the world economy and Hungary: the most painful part of the crisis is over. However, the extent and length of...

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Gift packages: old brands and new concepts

Most producers agree that in volume sales last year’s level is achievable, producers do not prepare with crisis-packages but with beautiful and eye-pleasing offers. Unilever Magyarország Kft. was the number...

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Payment deadline may become longer

In Central and Eastern Europe the number of companies whose credit ratings dropped kept increasing in the past few years – says Zoltán Dercze, managing director of Coface Hungary. 45...

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Only LCD and plasma televisions achieved growth

In the first half of the year, the market of consumer electronics contracted by 25 percent in both value and volume, compared to the same period last year – finds...

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Retail turnover on the increase in Belgium.

According to an estimate by Eurostat, the volume of retail turnover continued to decline in July 2009: by 0.9 percent in the EU-27 and by 1.8 percent in the eurozone,...

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Panorama on the Christmas commercial credit market

The CEO of Hungarian Cetelem expects subdued season on the commercial credit market. According to Lendvai János; unemployment causing serious problems, making it difficult to expected high demand for loans...

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The number of conferences halved in the first part of 2009

According to the compilation of the Hungarian Convention Bureau; during the first half of this year, 118 international conferences were held in Hungary. This is a 51 percent decline, compared...

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Bankruptcy wave before peak

According to the latest analysis of Coface Hungary; the insolvency ratio of the firms increased by 36 percent in the first nine months of this year, compared to the same...

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Does not involve consideration to the webshop in case of waiver clause

The union court stated: In the cases of Internet orders, if the buyer cancels, one should not pay fee for the usage to the seller, despite one used the product...

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Consumer confidence fell in Germany

According to GfK market research institute; contrary to the expectations, consumer confidence has deteriorated in Germany,: November’s sentiment index decreased by 4.0 point from the previous 4.2 points. The analysts...

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Coffee is good for the liver

According to the analysis of the American Cancer Institute (NCI) the daily consumption of coffee, has beneficial effect on liver function. Those chronic hepatitis C patients who drink three or...

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Quality complaints against dairy products

All produced and marketed milk of Fresh Food Ltd. before 21st October will be recalled, because it does not meet the required composition – stated the Agricultural Office Authorization. The...

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Trade: sloping down

According to the datas of the Central Statistical Office; retail sales decreased in the August of 2009 by 8.5 percent, compared to the same month of 2008. At foods 7...

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The economic expectations are improving for six months

The seasonally adjusted value of the GKI economy index increases for six months now, after nearly half-year fall. The improvement is, however, slower than the deterioration was, so it is...

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Italian investment is expected in the Hungarian food industry

The Hungarian investment promotion agency is negotiating with several Italian companies, over investment opportunities, in the areas of food processing and alternative energy – said Spányik Péter leading external diplomat...

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Selling glasses and concert tickets in hypermarkets

British hypermarket chain, the Asda will open optical desks in 84 stores in Britain. The strong retail chains are selling quite different products differ from their profile, more often. Asda...

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EU protection for the Hungarian horse-radish

The European Commission declared protected and added Hajdúsági horse-radish to the narrow range of protected products of the European Union. According to the communication of the EU, Government, the Hungarian...

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Hungarian wines in Milan

For the first time in Italy, the Hungarian Investment and Trade Development Agency (ITD Hungary) organised an autonomous Hungarian wine presentation. The Milan event aims to promote the wines of...

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GfK – nine-tenths of the population agrees with the proposal of MNB

According to GfK Hungária; eighty-nine percent of the population agrees with the proposal of the Hungarian National Bank (MNB) that greater caution and responsibility is necessary to provide a loan....

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Decrease in real wages and in the number of employees

According to the Central Statistical Office; The gross average earnings in the first eight months of 2009 decreased by 1.3 percent, the net average earnings by 1.6 percent, compared to...

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Online advertising forges ahead

Online advertising market, is slowly starting to recover after a downturn, while the print and electronic media will continue to ail. According to industry analysts; virtually only the Internet advertising...

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Nyugati Square McDonald's received a silver medal

Askmen.com internet men magazine has elected the world's 10 most beautiful McDonald's restaurants. According to the U.S. site, which has a monthly 7 million visitors, the Nyugati Square McDonald's is...

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Cafeteria can remain despite the tax

On the basis of a feedback from the OTP health insurance, the majority of the firms in 2010 would use the fringe benefits systems. From January of 2010, 25 percent...

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