Company and Personal News

The Milk Marketing Board to take action against discriminatory pricing

The Milk Marketing Board calls on the retail units, that not to use discriminatory pricing against milk product in the future – said the trade organization. The advocacy organization considers...

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KSH: the number of employees expanded

According to analysts; the June-August trend of the unemployment rate was not surprising. The Ministry of National Economy (NGM) has pointed out that the dynamic growth in the number of...

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GKI predicts a tough 2012

Economic research company GKIpointed out it changed its GDP projections for Hungary to 1.5% growth in 2011 and a 1% contraction in 2012. GKI saw Hungary's economy expanding 1.5-2.0% in...

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GMO-contaminated area halved

According to the he authority; the GMO-contaminated area  decreased to only 4.7 thousand hectares, from the previous 8.5 to 9 thousand hectares, as it turned out that the contamination level...

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The Bonafarm Group can be the winner of a huge privatisation in Zambia

Csányi Sándor's agricultural interest, the Bonafarm Group is involved in a huge Zambian agricultural privatization project, with good odds. The ZDA (Zambia Development Agency) kept two candidates in race in...

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Another Starbucks opens in Budapest

The fifth Starbucks unit in Budapest will be opened next to the Basilica. The “Starbucks Coffe Basilica” will await its guests from October. The chain last summer opened units in...

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NAV confiscated chewing gum

Due to tax debts, the tax authorities confiscated several tons of chewing gum in Fejér county, at a  company. The registration system showed a 66 million HUF tax liability at...

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Magazine: A supermarket chain sits on top of the retail ranking

With its 47-million inhabitants, Spain’s population is the fifth highest in Europe. Although the economy showed signs of improvement after the recession, the level of unemployment was still above 20...

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Half of Europe is already buying more

According to a quick estimate by Eurostat, retail sales dropped in May 2011: by 1.4 percent in the EU-27 and by 1.9 percent in the eurozone, compared to the same...

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CBA's Farmer line will help the domestic producers to enter the market

In order to help the better market access of the Hungarian producers the CBA Kereskedelmi Kft. develops its program – told Fodor Attila, the company's communications manager to MTI on...

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The Master Good developed its poultry processor from one and a half billion HUF

The Master Good Group developed its Kisvárda-based plant from more than one and a half billion HUF, creating Central Europe's largest poultry processor in the city. The plant supplies the...

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Europe's first test store soon to be opened in Budapest

Europe's first test store, the Central Sample. soon to be opened in Budapest. MTI In this kind of network, which is wide spread in the Far East and in South...

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Ideal shopping malls are within a spitting distance

According to a GfK Hungária's latest survey centered around shopping centers from the survey show that the majority of buyers are not willing to travel more than 30 minutes to...

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Bonbonetti already preparing for Christmas

The Bonbonetti group has the largest capacity and more than 140 years of tradition as a candy manufacturer in Hungary producing brands like Tibi chocolate and Cherry Queen cognac cherry,...

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Henkel releases world’s first tech-forward correction roller made with Ingeo™

Henkel’s High Tech, High Performance Pritt ECOmfort Correction Roller Made with Ingeo™ Bioplastic Saves Petrol and Reduces Greenhouse Gases Henkel’s latest innovation to its Correction Roller assortment is the high...

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Food safety is a great business in China

Shanghai is looking to increase rewards paid to people who report breaches in food safety. The sum paid out will not be less than 500 yuan (US$78) and there is...

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ÉFOSZ: artificial flavor enhancers instead of salt

The chips-tax may force the companies to replace the natural ingredients in the products with substitute materials. The manufacturer, that did not choose this way may risk the existence of...

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Domestic success is not a guarantee in the foreign markets

While Hungarians feel enthusiasm towards the túró rudi, the Tokaji wine, and for other well-known, domestic products, it is not certain that these products will be succesful abroad. Tokaj: Hungarian...

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The tobacco companies will lose the liquor manufacturers gain

Before the final vote, the government supports the increase of the cigarette tax, but removes the excise tax differentiation of natural flavor prepared beverages and other spirits, thus reducing the...

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World trade may rise slower

The World Trade Organization reduced its earlier forecast: in its new projections a slower 5.8 percent world trade growth is expected, 0.7 percentage points less, than it was projected in...

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Medium good kékfrankos harvest in Sopron

This year's harvest in Sopron became medium good both in quantity and quality – told Taschner István Hill Judge to MTI on Monday. The grape's stum containt is 17 degrees,...

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FuturAqua enters the stock market

The FuturAqua Nyrt. owns two major water-yielding mineral water wells. Through its partners the company has an access to several hundred million liters of mineral water. The company's business strategy...

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Huge discounts in the British Tesco stores

According to the expectations; the most serious price-cutting campaign of the recent years has launched today in the United Kingdom: Tesco has launched such a high level of discount that...

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Nike increased its profits by fifteen percent

Despite the poor performance of the world economy Nike reached better than expected results. The world's largest sporting goods manufacturer reported a 15 percent profit growth in the June-August period....

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Digital technical solutions for companies, restaurants

The Best Award winner from the Commercial Integrator magazine for digital signage hardware, the LG EzSign TV is an innovation in digital signage that can entertain while maximizing the impact...

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Buffett purchased 34 million Tesco shares

Warren Buffett, one of the the world's richest businessman increased his share in the Tesco supermarket chain. Warren Buffett bought 34 million Tesco shares through his Berkshire Hathaway holding in...

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The Competition Authority allows the food industrial fusion

The Competition Authority (GVH) gave permission to the Agrofert Holding that has many Hungarian interests to acquire control over the Czech Republic-based Mlékárna Hlinsko. The Competition Authority (GVH) initiated proceedings...

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Bonbonetti launches UTZ – Good Inside program for sustainability

Bonbonetti is starting the production of UTZ CERTIFIED-products in 2011. UTZ is one of the largest sustainability programs for coffee, cocoa and tea in the world: one-third of all coffee...

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GKI-Erste economic sentiment index reached its lowest level in the past one and half years

In September the GKI-Erste economic sentiment index adjusted for seasonal effects continued to deteriorate. According to the empirical survey conducted by GKI with the support of the EU the declining...

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