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Last Sardine Plant in Norway to Close Down

A weak dollar exchange rate and lost earnings mean forced King Oscar to finish production.    The plant produces more than seven million tins of sardines a year and more...

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Cartelism at plastic packiging plants

The Hungarian Competition Authority spys by Linpac Plastic Hungária, Propack and Petruzalek Ltd., one Slovakian and an Austrian company is involved too. Accoriding to Hungarian Competition Authority the within named...

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(HU) Megoldások érmebevonás ügyében

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Dannon to mystify with 'Probiotic' Bacteria in the US

The American unit of French group Danone mounting a massive false advertising campaign to convince consumers to pay more for yogurt containing “probiotic” bacteria because of the products' health benefits....

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Coca-Cola Aims to Expand Tea, Looking at Acquisitions

The company might buy or make an investment in Honest Beverages, a privately-held maker of Honest Tea. Tea is a priority area," Chief Executive Neville Isdell told Reuters on the...

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Winter Fruit Festival at Europark

The exhibition between 28 January – 10 February shows gigantic sculptures from fruits.  The visitors can see the small Taj Mahal, imagened in fruit or a giant tea pot. After...

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Retail sales decreased 4.2% in November 2007

Two prozent less food and 2-2.4% sales fall in hypers and other food stores.  The retail sales has been falling since the beginning of the year 2007. The volume of...

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The boom in food prices could last longer

The report, published by Bidwells Agribusiness, said it is impossible to know yet whether the agricultural market was facing a structural or a cyclical change. Instead of focusing on the...

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Instore TV- Right message on the right palace

In the US there are more than 130,000 locations with over 500,000 digital screens. Broadcasters said these digital networks offer advertisers access to consumers at the point of purchase, measurability...

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China's Retail Sales Of Consumer Goods Up 17%

China's retail sales of consumer goods rose 17% to US$1.2 trillion in 2007 from a year ago, compared to a 13.7% increase in 2006.  Meanwhile, official data revealed that prices...

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Gerbaud corner, healthy, new bread at UKBA

15th International Trade Fair for Confectionery, Bakery and Gastronomy on 3-5 February 2008 at HUNGEXPO Budapest Fair Center. The nearly 12000 visitors proved that the trade is open for novelties,...

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Plastic Bag stop in Poland

The Biedronka supermarket chain has announced that it is stopping the usage of plastic bags, and plans to eliminate them from its stores before end-2008. The Polish Environment Ministry approved...

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Rounding errors at 1-2 forint coins withdrawal

Gyorgy Vamos, President of Hungarian Trade Association wrote a comment about the problems, that brings the 1-2 HUF coins withdrawal. The President said there are not exactly rules about the...

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Real wages decreased by 4.7%

Average gross and net earnings by national concept rose by 8.3% and by 2.9% respectively compared to the same period of the previous year.  2 million 765 thousand persons were...

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From Januar all local business tax breaks and exemptions eliminated

In its latest Tax and Legal Alert on Monday, PricewaterhouseCoopers detailed the implications.  Due to the requirements of harmonizing Hungarian regulations with Community legislation, local business tax breaks and exemptions...

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Only one week to 5th Wine tourism Summit

The visitors of the event on 24th January meet leader of 30-40 Hungarian winery in the House of Hungarian Wines. It is the 5th opportunity for wineries, wine houses and...

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Commission encourages development of 'innovative' foods

The European novel food regulation could bring the waiting time from around three years to just one for the applicants. This proposal aims to create a more efficient and practical...

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Gherkins cured with mouse

The Slovene Mercator retail chain has to recall jars of pickled gherkins made by Hungarian Parmen Ltd., because a jar containing mouse remains. Mercator started preparing the documentation for the...

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Daily 300,000 „Turo Rudis” by the time the Olympic Games

In mid January EU-Milk Technologies Kft is to start up a Chinese production line.   Within a year a combined Hungarian and Chinese company is expected to operate Rudis (a chocolate...

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In November 2007 the industrial gross output increased by 5.5%

The volume of the production was higher by 8.2% in the first eleven months of 2007 than in the same period of the previous year. The industrial export sales grew...

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