Events
Plaza Centers: stopped investments in Romania
Date: 2009-11-02 00:00:15
Plaza Centers, suspended its eight Romanian projects. The planned investment projects would have been realised in a worth of a total two billion euros. "In the current economic situation it...
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The fifth stage of the Balkan Express
Date: 2009-10-30 00:04:01
Agrármarketing Centrum will organise a community appearance in the South East European region for the fifth time this year. After Mostar, Novi Sad, Bucharest and Banja Luka, the Hungarian food...
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U.S. economy grew in July-September
Date: 2009-10-30 00:03:00
The U.S. economy grown by 3.5 percent in the third quarter. Analysts expected 2,7-3,5 percent increase. The U.S. economy became smaller with 2.3 percent last year. In the first quarter...
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World confectionery will watch Hungary next year
Date: 2009-10-30 00:02:35
The 16th International Confectionery, Bakery and Culinary Exhibition and Fair will be held in Hungary between 21st and 24th February 2010. Parallel to the exhibition the Confectioner's World Junior Championships...
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French government vs. chain of stores
Date: 2009-10-30 00:01:25
The French Ministry of Economy denounced 9 large chains with the charge of abusing of suppliers. Six of the chains are distributing primarily food products. The French press has been...
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The MVH will purchase the surplus grain
Date: 2009-10-29 00:06:12
The Agriculture and Rural Development Agency (MVH) can buy unlimited quantities of wheat and barley offered for intervention from 1st November. On the basis of the proposals, the purchasing 400...
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Increase in alcohol taxes, tighter controls
Date: 2009-10-29 00:05:29
The alcohol tax rate will be increased next year. Tighter controls are expected in the pálinka breweries during the autumn, and new security locks will be used on the equipments....
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Food industrial applications up to 1.6 million euros
Date: 2009-10-28 00:07:01
The modification of the regulation over the “EMVA agricultural products, adding value to provide aid” is already available. On this basis, one can apply until 30th November at the Agriculture...
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The advantages of Superbrands title
Date: 2009-10-28 00:06:12
Superbrands Hungary organizes a seminar on 4th November in the Kempinski Hotel Corvinus. On the event it will be examined, that how valuable is a Superbrands title win and how...
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U.S.A.: rising house prices, falling consumer confidence
Date: 2009-10-28 00:04:21
Compared to July, 1.2 percent increase has occured in house prices in the U.S.A. The publication of Conference Board's consumer confidence index washed away optimism. The index was well below...
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New regulation control the services provided at accommodations
Date: 2009-10-28 00:03:12
According to the new government regulation; The hotels should provide other services besides accommodation, and at least 11 rooms and 21 beds should be maintained. The regulation covers all accommodation...
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Growing retail real estate investments in the second quarter of 2009
Date: 2009-10-28 00:02:00
According to the latest reasearch of Jones Lang LaSalle real estate consultant; European retail real estate investments increased 85 by percent in the second quarter compared to the first quarter....
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Food prices may dramatically increase
Date: 2009-10-28 00:01:25
According to the experts of the Standard Chartered Bank; Great food price increases may come in the next few decades. The UN estimates that, by 2050 the global population will...
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Climate protection instead of agricultural support
Date: 2009-10-28 00:00:55
The pre-draft document in which the European Commission outlines its visions for the 2014 – 2020 budget, indicates a strong shift from the agricultural policy and employement towards climate change...
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GM products in Hungarian shops without any indication
Date: 2009-10-28 00:00:22
Despite Hungary stands out strongly under the prohibition of gene modified (GM) plants, domestic agriculture is not yet without them. The only permitted gene modified MON810 maize in Europe, although...
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New advertising code of ethics entered into force
Date: 2009-10-27 08:00:00
The new Hungarian Advertising Code of Ethics was signed by 26 professional organisations and entered into force on 30 September 2009. It is based on the Code of Ethics of...
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CIB Faktor provides additional services
Date: 2009-10-27 08:00:00
In the first six months of 2009, factoring turnover at CIB Faktor increased by 16 percent, compared to the same period last year, while the Hungarian factoring market contracted by...
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Purchasing power highest in Csopak
Date: 2009-10-27 08:00:00
Csopak dwellers may spend the most, while purchasing power is lowest in Tiszabő (Jász-Nagykun-Szolnok county), according to a study by GfK Hungária. In the county ranking (including Budapest) Budapest is...
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Turkey stew with plum for 1,500 people
Date: 2009-10-27 08:00:00
The 12th Plum Days were held in Szarvas on 11-13 September, with 20-year old turkey processing company Gallicoop as one of the main sponsors. Gallicoop’s master chefs cooked a stew...
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Next step: the concentration of suppliers?
Date: 2009-10-27 08:00:00
According to Dr Judit Firniksz, a competition law expert with law firm Réti, Antall and Madl Landwell, a concentration process took place in Hungarian food retail in the past 15...
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More people use Internet banking
Date: 2009-10-27 08:00:00
The number of people using on-line banking services increased by 1.8 percentage point in the first half of 2009 – according to a new study by GfK Hungária. This means...
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Warning! Traffic diverted! – Business Days 2009 (Part 1)
Date: 2009-10-27 08:00:00
This was the sub-title of the joint Business Days conference of Trade magazine and Lánchíd Klub on 30 September-2 October in Tapolca. The venue was decorated with traffic signs –...
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Excerpt from the president’s justification:
Date: 2009-10-27 08:00:00
…” It is the Parliament’s right to decide whether legislative means are needed to repel unfair market conducts. (…) I doubt whether the law is completely in line with the...
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In Poland thousands of small shops disappear, but their market share is stable
Date: 2009-10-27 08:00:00
According to Nielsen’s ShopperTrends survey, the market share of small traditional shops has been stable at 55 percent for three years. Among modern retail channels supermarket is the most popular....
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The ”3 percent” ousted from the text.
Date: 2009-10-27 08:00:00
News came after our magazine went to press that on 13 October the product path law, so much debated on the first day of the conference, was given a green...
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Where were bakers mistaken?
Date: 2009-10-27 08:00:00
The aim of the Association of Hungarian Bakers and baking companies was to cooperate and to harmonise the activities of the different actors in the baking industry, in order to...
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Customer satisfaction is the guarantee for our company’s success
Date: 2009-10-27 08:00:00
We had a conversation with CEO Dr. Tibor Bakonyi about the steps the company has taken recently to improve their market position and serve customers. According to the CEO, during...
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FOODAPEST NEWS
Date: 2009-10-27 08:00:00
From 2010, HUNGEXPO Zrt.’s prestigious trade exhibitions are organised based on a new concept. FOODAPEST and UKBA will take place every second year, at the same time. The first dual...
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Non-alcoholic mono pralines become more robust
Date: 2009-10-27 08:00:00
Retail sales of praline were up by 6 percent in value in August 2008-July 2009, with the market exceeding an annual HUF 19 billion. As for volume, praline sales reached...
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The handbrake is on
Date: 2009-10-27 08:00:00
A bill has been proposed in Parliament that would strengthen the bargaining position of suppliers and would limit detrimental conditions (buying back obligation of suppliers, long payment deadlines, etc.) set...
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