Company and Personal News

Pre-Christmas consumer protection checks concentrating on large chains

The National Consumer Protection Authority and the county government offices begin their pre-Christmas consumer protection checks on Monday, which aims to ensure safe conditions for Christmas shopping – the authorities...

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Negotiations over the Tokaji wine region

Slovakia must apply to the European Commission to use the Tokaj wine brand, until the end of the year and must specify the parameters of the Slovakian Tokaj wine region....

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Mini SPAR in the MiniCity of Budapest

The creative playground of Minicity has opened its gates on 11th November at 11:11 am in the city centre of BUdapest, at Nyugati tér 1-2. The interactive exhibition gives kids...

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MagyarBrands 2011 prize goes for Szentkirályi

Szentkirályi Ásványvíz has won yet another Hungarian Superbrands prize. This time, the expert comittee of Superbrands Hungary has handed out the awards for the second time, with Szentkirályi winning a...

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VM: date mark of foods will be unified

Food manufacturers from the next year should indicate the date of durability in a day / month / year order on the products – called the attention the Ministry of...

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KSH: 12-month inflation was 3.9 percent in October

In October, consumer prices rose by 0.7 percent monthly and were 3.9 percent higher than a year ago – said the Central Statistical Office (KSH) on Friday. Analysts expected 3.4...

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Magazine: Packaging communicates better and better

Retailers often underestimate the significance of packaging – this was one of the conclusions drawn at the Interpack trade fair, held in Düsseldorf this May. Sebastian Pflügge, press director of...

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HITA: Hungarian wine export has the momentum in China and in Hong Kong

China and Hong Kong remain one of the key target for the promotion of Hungarian wines in the Asia-Pacific region, – informed the National Foreign Trade Office (HITA) MTI on...

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CBA may overtake Tesco

If the CBA and the Coop will jointly purchase the Belgian Delhaize Group's two Hungarian interests, the operating companies of Match and Profi the CBA can become the market leader...

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Russia bans German live pigs imports

Russia, bans German live pigs imports on the basis of animal health reasons from mid-November. The Russian veterinary service announced that they ban the German live pigs imports from the...

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Juices at Starbucks

Starbucks bought the Evolution Fresh company – that produces and distributes various fruit juices – for  30 million USD. In connection with the new network it is only known that...

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Pannonhalma wine region: increase in cultivated area, high yield

After a decade of decrease, the grape grown area in the Pannonhalma wine region increased this year and this year's harvest is one of the best of the last decades...

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Hell's new product won over international brands

Following its classic product, Hell Energy's limited series summer product proved to be yet another success-story. Hell Energy Red Grapes is more successful than two international brands in terms of...

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Domestic McDonald's is 25 years old

The agreement over the establishment of the McDonald's restaurant network in Hungary was signed on the 10th of November 1986. The first restaurant opened on the 29th of April 1988...

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Demján's dream, the Hungarian hypermarket can be realized

– We need Hungarian hypermarkets! – said Demján Sándor, the Executive National Chairman of the Association of the Entrepreneurs and Employers 10th of November last year. According to press reports;...

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Tax burden may hit the point collecting actions

Overall, more than 50 percent tax would hit those discounts on purchases that are not actually in favor for an individual person. As the payer has no possibility for advance...

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The USA can recognize for next summerthat Hungary is free of swine fever

The United States can recognize until the summer of 2012 that Hungary is free of swine fever, which can boost Hungarian agricultural exports overseas – told Fazekas Sándor Rural Development...

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Government spokesman: mall stop from 2012

From next January, the construction of over 300 square meters of commercial structures will be prohibited – announced Giró-Szász András government spokesman at Thursday's press conference. Giró-Szász András said that...

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The recovery from the crisis stopped in the EU

The recovery process from economic crisis stopped in the EU, we have to prepare for economic stagnation in Europe – told the European Commission in its comprehensive forecast published on...

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Less wine in the cellars this year

This year's wine quantity will be less than the average – said Horváth Csaba, Secretary-General of the National Council of Mountain Villages (HNT) on Thursday, at the Parliamentary session of...

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We listen to the bank when it comes to money

More than three-quarter of the Hungarian middle-aged population obtains information about the saving possibilities in the bank personally – shows the research of OTP. The second most popular source is...

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Innovation award for the ágyas pálinka

This year the Tarpai Manufaktúra Kft. increased its revenues with an additional 10 percent – told the small company's commercial director to MTI on Thursday on the occasion that one...

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Winemarketing supporting smallprojects again

Due to previous success, Hungarian smallprojects can compete for support by Winemarketing Comittee again. The project is centered around making HUngarian wine more and more popular. The framework of the...

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The first two-storey dm store opened in Hungary

The new shop of DM has opened its gates on 9th November 2011 in Allee Shopping Mall where customers get to purchase cosmetics and chemicals from Monday to Saturday from...

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GKI: Deteriorating expectations

In October 2011 the GKI Budapest Real Estate Market Index shows significant decrease compared to the previous quarter. Expectations on every real estate segments deteriorated. More...

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The food industry in the world: companies under pressure faced with price volatility

Having weathered the 2009 crisis well, the food industry has been faced with surging markets since June 2010 which are affecting food prices throughout the world and particularly in emerging...

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Nielsen: six out of ten consumers prefer the domestic Hungarian products

About three-quarters of the domestic consumers prefer the Hungarian products in case of processed meat, vegetables, fruit and milk. The decisions of most of the consumers are influenced by the...

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Foreign trade turnover became better than analysts expected

Foreign trade turnover and surplus in September was well above the expectations – told analysts polled by MTI, who, however, states that it seems that this does not raise the...

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Henkel continues solid performance in Q3

Sales increase of 1.7 percent to 4,028 million euros (organic: +6.5%) Adjusted* operating profit: plus 4.7 percent to 541 million euros Adjusted* EBIT margin: plus 0.4 percentage points to 13.4...

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Farmec in Hungary

Farmec Cluj-Napoca is Romania’s biggest cosmetics producer. Last year its business stood at 95.9 million lei (22.8 million euros). Farmec products are sold in more than 30 countries worldwide, yet...

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