Events

National Commercial Association did not expect bill to be tabled

National Commercial Association (OKSZ) disapproves the fact that members of the parliament have tabled a bill in connection with Food Codex prior to the agreement on 24th June. They are...

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A 3.4% year-on-year decrease in the volume of retail sales in the first four months of 2009

In April, retail sales continued to decrease at an increasing rate, showing a decrease in volume of 4.1% compared with last April. Compared to the previous month, the volume of...

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Retail sales remain weak in Great Britain

Retail sales in Great Britain fell for the second month running in the year to June, following April’s brief respite, the CBI announced this week. The decline, broadly in line...

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Stockmen in Vas may get nearly six billion HUF

Farmers in Vas County have won 5.8 billion HUF from the European Agricultural and Rural Developmental Found in order to make settlements more up-to-date – an arictle by Origo states....

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British business services sector may lose over 300 thousand jobs

Over 334,000 jobs will be axed across the business services sector by 2011 – the Centre for Economics and Business Research (CEBR) warned. The study conducted by CEBR suggests that...

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UN-OECD outlook: growing food prices in the next ten years

Increased demand for biofuels driven by high oil prices is causing fundamental changes to agricultural markets that could drive up world prices for many farm products, according to the new...

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The agrarian branch may be a way out of recession

Significant changes occurred in the agrifood chains and related market relations throughout Central and Eastern Europe during the last decades, results are stable now – professor Csaba Csáki pointed out...

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Preferential tax for benifits in kind

Based on a new agreement by National Interest Reconciliation Council, benifits in kind are not being taxed according to the 32 percent general, but the 25 percent preferenitial tax key....

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The way GKI sees 2009

For Hungary (and for every other emerging country) the period of ample liquidity finished that came to en and last year meant that missing domestic savings could be substituted with...

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Hungarian customers get information online before shopping

Hungarian customers do obtain information online before doing the actual shopping in most of the cases – according to a survey conducted by TNS Infratest, ordered by Google. Thousand customers...

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VAT-war goes on: OKSZ denies its responsibility

OKSZ (National Commercial Association) denies the assumption that they abuse producers' market strength when it comes to the VAT-rise. Hungarian food producers have made their complaints at the Commercial Competition...

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Drink makers afraid of VAT-changes

While certain areas of the Hungarian alcoholic beverages market will hardly be affected by tax changes, other segments may suffer greatly. Csaba Horváth, secretary general of Hegyközségek Nemzeti Tanácsa said...

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Many prizes at the 10. VinAgora International Wine Competition

Since it was founded in 1992, VinAgora has risen to become one of the 10 most respected competitions in the profession worlwide – this year the competition took place in...

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CIES: abudance in food, yet 40 percent is never eatean

The 53rd World Food Business Summit in New York City, gathered 660 CEOs and senior managers of the world's food and consumer goods retailers and manufacturers, from 44 countries for...

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Retails aiming to increase less than expected

Retail companies are not planning to add the 5 percent VAT-rate increase to all their prices, to be introduced on 1st July – companies interviewed by MTI pointed out. The...

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Bus-tourism may see a 15 percent increase this year

Bus-tourism is more popular than ever all over Europe, and this tendency is already visible in the Hungarian foreign trade trends as well – an article by Világgazdaság states. A...

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European farmers expecting EU to stabilize dairy market

European Union leaders called on the European Commission to study how to stabilise the dairy market, and put a halt to falling prices of import dairy products in Europe. Austria,...

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Eu `Vend Cologne: 300 exhibitors and 5000 visitors are expected

Hungarians spend 30 billion HUF per year on food purchased from food machines. 35-40 thousand food machines are working in Hungary. The fair of the trade sector, w named Eu'Vend...

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Shrinking expo markets, but it is better than expected

The economic crisis affected the exhibitions and the events as well. Less exhibitors, renting less exhibition spaces on fairs and on exhibitions. Downturn was 10 percent so far, however, the...

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Economic Competition Authority enters 'VAT-war'

Economic Competition Authority was informed that the from 1 July some retail businesses turned to its suppliers with a call for price reduction. Economic Competition Authority seeks to clarify the...

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Piarist wine 2009

The Furmint of Count Degenfeld Vineyard and the Szürkebarát of Nyári Pince (Summer Cellar) has won the Piarist Wine title. The winners of the Hungarian Piarist wine competition will be...

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Almost 4 billion euros had been disappeared in the German retail market, last year

Last year, 3.9 billion euros inventory shortage has been generated in the German retail market. Thieves are responsible for 2 billion euros, but the rest disappeared by the result of...

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Food and Agricultural World Forum in Budapest

Between 20 and 23 June the Food and Agricultural Forum will be held in Budapest – stated Gráf József Minister of Agriculture. The event is entitled: “Global Challenges and Local...

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Budapest is the eighth most popular Conference venue

Budapest moved to eighth place from the former twenty-fourth in the 2008 year ranking of the Union of International Associations (UIA) on the list of the most popular Conference venues....

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Dry batteries must be collected back in stores

Many operators of stores and shops, do not know that from 1 July it is obliged to take back the used dry batteries. If a business does not put out...

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Social shops to open in Somogy

The first social shop in Somogy will open in Balatonboglár on 26 June. Hopefully, customers can shop from the beginning of July in the social shop of Siófok and of...

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Melon season started this week

The high heat sweeten melons, so this year's crop will be tasty, but because of the drought and the scandals of last year's, volume will be less than normal. The...

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Price increase has been stopped in the euro zone

According to Eurostat's statistics of inflation, in May 0.0 percentage value was indicated in the 12 monthly consumer price index for the euro zone. On monthly basis, 0.1 percent inflation...

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Only one-third part of the adults are willing to protect the environment

Only one-third part of Hungarian adult population, are interested in the environment, as a subject. Similar proportions are those who say they are willing to do, to protect the environment...

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158 thousand businesses in Hungary at the end of 2008

New stores were opened in all regions of Hungary last year, with a total of 137 thousand sqare meter basic area. The size of the national basic area has been...

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