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Storm and frost decimates French vine production
French vine production was hit by several bad factors this year: summer frost in Bordeaux, summer storms in Champagne have sprouted grapes, so experts expect a 20 percent drop in...
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Everyone manages personal data
The General Data Protection Regulation (GDPR) of the European Union was adopted last year, but companies have time until 25 May 2018 to change their data management procedures in accordance...
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Every third SME plans to recruit new workers
K&H’s SME confidence index is in the positive zone again: it is at 2 points at the moment. The expectations of medium-sized enterprises increased the most, from 4.5 points to 25...
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Bizalom Public Interest Pensioner Cooperative and COOP start cooperation
Bizalom Public Interest Pensioner Cooperative and COOP ceremonially signed a partnership agreement in Szolnok on 17 October. The retail chain and the cooperative will work together on bringing as many pensioners...
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Nine thousand companies were deleted in the third quarter of 2017
Considering the fact that there are about 530,000 companies in Hungary, the number of deletions in the 2nd quarter was still very high. In the 3rd quarter of 2017 9,409 companies were deleted,...
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OMA AWARDS 2017
Outstanding Merchandising Achievement Awards (OMA) has been rewarding the best in-store displays for more than 50 years. You can see some of this year’s best solutions in the food category. Drinks...
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SPAR reopened three of its stores
Over 1.2 billion HUF was spent on modernizing two SPAR supermarkets in Budapest and one in Kisbér. Thanks to the renovation, the sales space of each store was completely redesigned...
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A joint research and development project was launched by Pick and the University of Szeged
With the help of EU support, a joint research and development project has been launched by Pick and the University of Szeged (SZTE), aiming to find innovative solutions to improve...
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The turnover of the dm Kft. grew by ten percent
The turnover of the dm Kft. grew by ten percent from 277 million euros to 302 million euros in Hungary in the 2016/17 marketing year – the company told MTI...
Read moreLondon analysts: the growth of Central European EU economies will slow down next year
According to recent forecasts by London financial analysts, next year’s growth performance will slow down next year and in 2019, as the growth rate of the Central European EU economies,...
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KSH: the number of employees has increased further
In July-September, the average number of employees was 4 million 451 thousand, 60 thousand more than a year before. The employment rate of the 15-64 year-olds grew by 1.6 percentage...
Read moreThe WPA Packaging Kft. is planning further market expansion in the region
The WPA Packaging Kft., manufacturer and distributor of packaging products is planning further market expansion in Hungary and Romania and exploring the Ukrainian opportunities. According to the information, provided by...
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About 200 kilograms of illegally distributed ragweed products were found by Nébih in Baja
About 200 kilograms of illegally-marketed ragweed pills and grist were found by the experts of the National Food Chain Safety Officers (Nébih) in Baja, the agency told MTI. The authority...
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The French suffer from the lack of butter
Supermarkets in France are struggling to stock enough butter for their customers due to a shortage of the dairy product that’s been blamed on a rising global demand for pastries...
Read moreConsumer confidence has decreased in Germany
German consumers are more pessimistic than expected, according to a survey published by GfK on Thursday. The Nuremberg-based Market Research Institute’s November consumer sentiment index decreased to 10.7 points from...
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Brussels’ VAT return: 150 billion euros losses due to VAT frauds
At the beginning of October, the European Commission (EC) presented a reform plan for the EU VAT law, the main objective is to reduce the scope of VAT frauds and...
Read moreMcDonald’s changes its name in China
The U.S. fast food giant McDonald’s Corp is getting a name change in China – at least on paper. The company will change its registered business name to “Golden Arches...
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Magazine: Squash’s price increased
Data from the Agricultural Economics Research Institute (AKI) and KSH’s market price information system (PÁIR) revealed that a few weeks ago Canadian/orange squash has turned up at the Budapest Wholesale...
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The Magyar Termék would join the government’s action plan
In 2018, MAGYAR TERMÉK Nonprofit Kft. plans to actively participate in the government’s action plan aims to promoting Hungarian food products. The company, which operates the Hungarian Product (Magyar Termék)...
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School starting not only burdens the parents’ wallet
At the invitation of eMAG.hu, belonging to the South African Naspers group, GKI Digital sought out the question within the eMAG customer survey: which products were the most popular in...
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Reinforced strategy, new marketing and sales directors at HEINEKEN Hungária
Heineken Hungária intends to further strengthen its position on the Hungarian beer market with a strategy based on quality and innovation and with sustainable operation, with several new leaders in...
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The SPAR provides 13th monthly salary for its staff
Among the domestic retail chains, SPAR is the only that provides the 13th monthly salary. This means additional income for nearly 13,000 workers in the pre-Christmas period. In addition, the...
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The OTP Bank strives to increase its agricultural loan portfolio
The Hungarian agriculture is an important business area for the OTP Bank and therefore strives to increase its agricultural loan portfolio – the bank’s CEO said on Tuesday in Budapest....
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FM: ducks and goose liver can be exported to Thailand by Hungarian companies
The Hungarian companies can transport duck and goose liver, as well as poultry and hatching eggs to Thailand – the Ministry of Agriculture told MTI on Wednesday. According to the...
Read moreHungary stands by the two-pillar EU common agricultural policy
Hungary stands by the EU’s common agricultural policy (CAP). This is the interest of the Hungarian farmers – the Minister of Agriculture told M1 news channel. Fazekas Sándor recalled that...
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Dreher: a job fair with a mug of beer
Dreher Breweries will hold an unusual job fair on 7 November in Ankert. The future employees and inquirers can become acquainted with Hungary’s largest brewery within informal conversations, interactive case...
Read moreLess profit could be left for SMEs
The domestic companies expect a 8.6 percent higher sales revenue than before and a moderate profit growth of 4.5 percent – according to the K&H SME confidence index research. Regarding...
Read moreThe new cooperative form for pensioners is popular
Within three months, 36 Public Interest Pensioners Cooperative were established in Hungary and their number is likely to rise further – Hantos Zoltán, project manager of the OPTEN company information...
Read moreThe speakers of the World Export Development Forum emphasized the increase in the competitiveness of smaller companies
The World Export Development Forum (WEDF) was organized in Central Europe for the first time. The event was opened on Wednesday. Szijjártó Péter, Minister of Foreign Affairs and Arancha González,...
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Five super-autumn fruits and vegetables that can be combined with turkey
The cooler autumn has come as well, so we want cooked foods more, but we do not want to ruin our spring-summer diet. The dietary-recommended low fat and protein-rich turkey...
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