Company and Personal News

Kraft Foods to develop chewing gums

A new centre for sweets and chewing gum research has been opened by Kraft Foods (NYSE:KFT) in Switzerland. This new centre will develop new products for top candy brands like...

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Businesses expects smaller profits for the next year

According to the most recent survey of K&H; The leaders of the small and medium size enterprizes expect smaller profits in the fortcoming year. “The SME managers are expecting an...

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Milk production and consumption seen higher in 2010

Milk production within the European Union is expected to increase this year, despite fewer producing cows, on the strength of a higher average yield per remaining animal, says the US...

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Quality problems at Johnson & Johnson

Revenue of Johnson & Johnson declines, due to a series of product recalls in the third quarter, however, the weak dollar helped the health and cosmetics manufacturing giant to gain...

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Chio: snack instead of chips

On the basis of the parent company’s decision, reorganization is planned in the activities of the Chio Hungary Kft. The manufacturing of the chips will be terminated, the storage will...

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Hypermarket tax may affect the staff badly

Workers may wave good bye to several fringe benefits, due to the introduction of the new tax and their wages will be only increased as it is required – reports...

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New product-family by Gallicoop: handmade turkey-products

Special, new products are launched by GALLICOOP Pulykafeldolgozó Co. in the autumn. Similarly to the Gyros-dishes launched this summer, the latest product-family called Manufaktúra is unique in Hungary, as it...

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The private labels and import milk are the winners

The surge of imports and the expansion of private label products are the two decisive factors in the domestic retail trade of dairy products – reported Világgazdaság on Tuesday, on...

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The COOP will not pass the crisis tax on the consumers

The crisis tax – though not fully – but affects the companies of the COOP group – states the communication of COOP. The group operates in a franchise system, consists...

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Real wages rose by 3.1 percent in January-August

The real wages – beside the 5.2 percent rise in consumer prices – increased by 3.1 percent, in the first eight months of the year, compared to the previous year...

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Structural changes within Hell Energy Magyarország Ltd.

Hell Energy Magyarország Ltd. has decided to restructure its resources due to the rapid growth of the past few months. From now on, main investments, production and usual CEO-tasks will...

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Coca Cola Light got a new dress

The beverage brand Coca Cola, refreshed its look again with hilarious designs by fashion houses, including Gianfranco Ferré, Salvatore Ferragamo and Armani Jeans. The event was hosted as part of...

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The repayment installments can take away the income surplus

According to the weekend assessment of BNP Paribas banking group; it is expected that the Hungarian households, with higher-income will benefit the most from the changes of the tax regulations....

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A quarter of Hungarians can not get enough meat

In Hungary, 26.5 percent of the population can be considered as qualitative hungry, which means that does not consume meat at least every second day – said Vajda László Head...

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Domestic resources in the Green Economy

Green economy stimulus expands by using Hungarian constructed, Hungarian-owned wind power generator technology. The 6-billion HUF worth investment will create 200 jobs in Tiszaújváros. The increase of renewable energy sources...

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Tesco is expanding on the insurance market

Tesco is expanding its financial product line with life insurances – announced the supermarket chain in Great-Britain. Tesco has already gained experiences in the field of car insurance, but now...

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Tesco, Spar, Auchan – the ranking of contributors

According to the datas of the preliminary flash survey of the National Trade Association; among the retail chains Tesco will pay the most special tax, 12.1 billion forints, followed by...

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Mammut 1 to be renewed: not only the size counts

This summer the renewal of the Mammut 1 has been launched from 750 million HUF, which predictably will last until the autumn of next year. The works do not interfere...

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Helping hand by Kékkúti for Kolontár

Victims of the red mud catastrophe in Kolontár and Devecser received more than 20 thousand bottles of mineral water due to a generous charity action by Kékkúti Mineral-water. The company...

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OKSZ: the price gap should be the tax base

The prime minister's announcement surprised the National Trade Association. On the basis of the 13th of October announcement of the PM, the commercial chains should help the budget for three...

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Further increase in U.S. retail sales

In September, retail sales increased by 0.6 percent in the U.S.A. – announced the U.S. Trade Ministry, on Friday afternoon. The fresh data is a pleasant surprise, because analysts expected...

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Wal-Mart would expand in Russia

Wal-Mart, the world's largest retailer network would purchase the Kopeyka, Russian retail company – reports Bloomberg. The OAO Trade House Kopeyka belongs to the Russian billionaire businessman, Nikolai Tsvetkov, who...

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Hundred million HUF fine for Lidl and for Penny

Lidl was fined 155 million HUF, while Penny Market for 109 million HUF, for unfair distributor practices. In addition to those that mentioned above; investigations are ongoing against six other...

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Hungarian pig breeders cannot compete with the cheap Dutch import

According to the National Federation of Agricultural Cooperators and Producers; the pig breeders are in critical siztuation. They cannot compete with the cheap Dutch imports and do not receive market...

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The CBA will not raise its prices because of the crisis-tax

The CBA cahain will not raise its prices because of the crisis-tax; They hope, that due to the personal income tax reduction a surplus will remain in the pockets of...

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GURU received Golden Effie

The ceremonial handing over of the Effie prizes, was held at the gala evening in the National Theatre, where the Pöttyös GURU received Golden Effie. In 2010, the most prestigious...

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New product on the market: GURU Christmas packages

GURU is about to launch a brand new product for the holidays: 8 mini Gurus wrapped up in a special Christmas gift box. The new product will reach the stores...

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(HU) Magyar Édességgyártók Szövetségének elnöke rostgazdag kekszeket ajánl

Sorry, this entry is only available in HU....

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Tesco Ability Park: Together for a better understanding of people with disabilities

The joint roadshow of Tesco and the Ability Park launched with the participation of hundreds of the schoolchildren of Szeged. The roadshow travels around the country in the scope of...

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Parragh: in the end the consumer pays anyway

To ensure fiscal balance there was no other choice – said Parragh Laszló, chairman of the Hungarian Chamber of Commerce and Industry, over the crisis tax measures notified by Orbán...

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