Company and Personal News
Northern Hungary's Regional Quality Prize goes to an Algida-partner
Date: 2011-05-06 10:04:16
Nógrád county's Eis Food Ltd, a partner of Algida has won a Regional Quality Prize, issued by the Northern Hungarian commercial industrial chambers....
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Discount stores: more than half of sales revenue realised by private labels
Date: 2011-05-06 07:31:30
According to Nielsen, in the case of food products the market share of private labels grew from 22 to 23 percent in value in 2010 – this amounts to HUF...
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Pick conquers on the Japanese market
Date: 2011-05-05 14:49:43
Under the agreement, the company, in addition to existing orders, sends more than hundred tonnes of sausages and other meat supplies annually to Japan, where they will be sold in...
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Opten: more and more winding ups
Date: 2011-05-05 13:10:09
According to the latest communication of Opten; In April, 1403 a new insolvency proceedings have been started in Hungary, but the trend after a big jump of February declines for...
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SMS busts fake grey cattle
Date: 2011-05-05 13:08:26
It is more and more often that the meat of simple cattle are sold as grey cattle meat, because threefold earnings can be reached with this illegal step. The trade...
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After eight months of falling FAO's food price index rose in April
Date: 2011-05-05 13:06:57
AO's food price index rose to 232.1 points from the 231 points of March. The cost of living increased most rapidly in the United States and food prices has grown...
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PSZÁF vs. Ministry in the case of repelling the consumer groups
Date: 2011-05-05 13:04:20
The financial supervision would prevent the people from the consumer groups by using criminal legal tools. However, according to the Ministry of Administration penalties may be sufficient. As it is...
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Declining retail sales in Europe
Date: 2011-05-05 12:59:07
In March 2011, retail sales in the eurozone decreased by 1 percent, while in the European Union, the decline was 0.8 percent. On an annual basis, turnover decreased in the...
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Increasing branded drinks sales
Date: 2011-05-05 12:58:21
Diageo and Pernod-Ricard SA came up with a turnover in the first quarter of the year that are exceeding the expectations, due to the fact that the costumers in the...
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Tesco: Club card point, bag or mineral water for PET bottles
Date: 2011-05-05 12:17:26
Tesco pays particular attention to the environmentally conscious operation, especially to selective waste collection, so this year, the chain is launching a campaign again for the recollection of PET bottles...
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MOL and partners help collect used cooking oil
Date: 2011-05-05 12:09:21
A MOL országszerte 100 benzinkútján helyezett el tárolótartályokat, lehetővé téve a lakosság számára a használt sütőolaj környezetbarát elhelyezését. A begyűjtött használt olajból bioüzemanyagot állítanak elő. A MOL „Kisütöttük: ide vele!”...
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Henkel Innovation Challenge again
Date: 2011-05-05 11:55:08
he Henkel Innovation Challenge is an international ideas competition for students, of which this was the fourth edition. The best student teams from 14 countries in Europe and, for the...
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New product by Henkel
Date: 2011-05-05 10:58:45
Schwarzkopf Professional by Henkel is launching a new pernament hair dye for sensitive skin IGORA Senea is using the so-called SensoCalm technology, without adding ammonia and special, natural herbs....
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Internal rules of domestic food market to be changed
Date: 2011-05-05 10:23:23
The internal rules of domestic food-delivery market need to be changed – Sándor Font, president of the Parliament's Agricultural Comittte pointed out. The politician believes that the food-industry faces a...
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According to Coface, Hungarian food industry is less risky than the national average
Date: 2011-05-04 13:40:14
The forthcoming period will be crucial for the companies of the Hungarian food industry. According to Coface; the companies in this sector are relatively in acceptable position. Moreover, recently their...
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Colgate Announces 1st Quarter Results – Diluted Earnings Per Share in line with expectations
Date: 2011-05-04 13:08:01
Colgate-Palmolive Company (NYSE:CL) today reported worldwide Net sales of $3,994 million in first quarter 2011, an increase of 4.5% versus first quarter 2010. Global unit volume grew 2.0%, pricing declined...
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Henkel reports solid start to fiscal 2011
Date: 2011-05-04 13:07:00
“Despite the challenging market environment, Henkel reports a solid start to the financial year. We achieved very good organic sales growth, once again outperforming our relevant markets,” said Henkel CEO...
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The loss of Metro reduced significantly
Date: 2011-05-04 12:40:13
The first quarterly net loss of German Metro AG, shrank to 3 million euros, compared to the 16 million deficit of the same period of the previous year. The value...
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Online coupons are becoming more and more popular
Date: 2011-05-04 12:15:09
It is the heyday of online coupons, which are getting more and more popular among the customers. It is true, that in relation to the total retail turnover, this type...
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Five thousand forints can be the amount of the compulsory chamber membership fee
Date: 2011-05-04 10:10:57
According to the plans; the annual membership fee of economic chambers will be 5000 HUF. This will likely to reduce the businesses' revulsion against the compulsory membership. Although previously it...
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Only 50 remained from the 350 small-scale breweries
Date: 2011-05-04 10:08:29
The owners of the small breweries are waiting for government support in ored to increase the offer of the small brewers, beside the wide range of mass produced commercial beers....
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Further decline in German beer consumption
Date: 2011-05-04 10:04:22
Further decline occurred in in German beer consumption in the first three months of the year. According to the datas of the German statistical office; consumption decreased by 2 percent...
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Shoplifters under surveillance
Date: 2011-04-29 17:27:28
International statistics say that in one year store theft causes damage that equals 1.2-1.5 percent of sales. 41 percent of store theft is performed by external thieves, 36 percent is...
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The Ministry of Rural Development would reduce Hungary's vulnerability on the food market
Date: 2011-04-29 14:06:20
Hungary's vulnerability on the food market must be reduced. The key would be self-sufficiency – said Czerván György, secretary of state of the Rural Development Ministry, responsible for agri-management on...
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Magyar Cukor Zrt. will spend 7 billion HUF on development
Date: 2011-04-29 13:38:11
Magyar Cukor Zrt. will spend 7 billion HUF on development in the forthcoming years – said Hájos László, the company's Deputy CEO in Tihany, on Friday. Hájos László told that...
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Premises are also important for online merchants
Date: 2011-04-29 13:29:01
Despite the increase in online sales the personal purchasing in shops remained an essential part of retail trade – shows the latest report of CB Richard Ellis (CBRE) real estate...
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The regulation of mobile stores may be stricter
Date: 2011-04-29 13:06:32
Increasing competition occurred between the convenience stores and mobile stores, due to the crisis. A regulation under construction would significantly make their operation more difficult. According to sources; the plans...
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Far East and Russia are increasingly important to Pick
Date: 2011-04-29 13:03:20
Pick Szeged Zrt. indefinitely postponed the planned 30 billion HUF greenfield investment. However, increases pig breeding and exports. According to the company; the future is in the bit more expensive...
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Further decline in the German retail sales
Date: 2011-04-29 13:01:50
Contrary to expectations, retail sales volume decreased in March in Germany. This was the second monthly decline in a row. Expectations were about a 0.2 percent expansion, while a 2.1...
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Coop-help to children with special needs
Date: 2011-04-29 12:28:13
Coop Aid Foundation is supporting the catering program of 6400 children with special needs, all over the country. The first gifts were passed on to the Children's home in Kmety...
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