Company and Personal News

Branded rabbits and eggs dominate this year’s Easter too

If we examine data by Nielsen, we can see that the market of Easter seasonal products does surprisingly well in terms of value. The economic crisis seems to discard low...

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The market expanded

The latest trends in food consumption had a favourable effect on the frozen vegetable market. Nielsen measures turnover in four retail chains of key importance. In the October 2009-September 2010...

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Rolling eggs

The dioxin scandal in Germany upgraded Hungarian brands. This new food scare came in handy for Hungarian farmers and food processing companies as this is the umpteenth case that a...

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Industrial production unexpectedly declined

Nearly a 12 percent drop occurred in the volume of the industrial production in December, compared to November. It was a negative surprise for the analysts. According to the Tuesday...

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The bakers of Somogy raises their prices: Bread price will increase above 300 HUF

A kilogram of white bread may be more expensive than 300 HUF. The majority of the bakers of Somogy will raise their prices by 20-30 percent. During the summer harvest,...

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The more Hungarian suppliers the multis will use, the greater support they will receive

The Ministry of National Economy breaks the typical practice of the previous governments, that supported several international companies on a much higher proportion compared to the average of the region...

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214 billion HUF of meat products: increase in value and quantity

Retail sales of meat products increased by 3 percent in value, 4 percent in quantity last year, as compared to the previous year. The annual market size is about 214...

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Fornetti Pannon continues under the name Pek-Snack

Galántai János, Chief Executive Officer of Fornetti Pannon Ltd. told that the Igal-based company from Somogy County changes its name to Pek-Snack and will further operate and develop its network...

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Be careful at price reductions

The National Consumer Protection Authority raises consumer awareness of prudent behavior in case of price reductions. It can be observed that in this case, some traders use various tricks to...

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Wound up against the Traubi Zrt.

The dispute, which lasts for more than one and a half decade may end after the court initiated liquidation proceeding against one of the companies using the name. The Traubisoda...

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YouTube has the largest mobile broadband traffic

According to Allott Communications; YouTube led the total mobile data traffic in the second half of 2010. According to the recent global survey of mobile broadband traffic; in the second...

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Lidl catalogs on the net

Lidl has introduced a novelty in Hungary: from this year, the catalogs of the discount chain are acvailable in online paged form. The current publications can be read on the...

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Russia exports caviar into the EU again

Almost after a nine year break Russia exports caviar into the European Union again: the Russian fishery authorities allowed the export of 150 kilograms of black caviar. The initial volume...

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AVGHA is now equivalent of banks

Starting from January this year, the Rural Credit Guarantee Foundation (AVHGA)is going to serve rural small-and medium-sized enterprises, as if it was a bank – Anikó Ulrich, Executive Director of...

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New member of the Dove product family

The new Dove Men + Care product line targets men who have reached a point in their lives where they are comfortable with themselves, but not in their skin. Dove...

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Retail channels in focus: 51-200 m²

From the nearly 20,000 food stores 6,426 belong to the 51-200 m² group and most of them are part of a retail chain. The number of stores in this group...

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Favourable trends in Central and Eastern Europe

(HU) ...

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Densia

With the passing of years, it is important to preserve the health of our bones. The new Danone Densia yoghurt can help in this because one cup contains 50% of...

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Russian experts audited the Hungarian agri-food export

Fazekas Sándor, Rural Development Minister and Kardeván Endre, Secretary of State responsible for food chain supervision and agri administration negotiated on Monday in Moscow with Nikolai Vlasov, the chief veterinarian...

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New portal to monitor companies

A new site was launched these days and it appears to be really exciting so far. It is focused on monitoring companies – no portal has completed this task before....

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A turnaround may come in the retail property market

The latest commercial market report of Colliers International shows that after the crisis years of  2008 and 2009, the Hungarian retail real estate market stabilized in 2010, as the operators...

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New label by Borsodi

This year started with a significant change for Borsodi Brewery, since the beer launched a new label for its cans at bottles. The new label covers metal and gold colours...

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Kazakhstan and Russia may be the next World Trade Organisation members

Central Asia's largest economy wants to become a member of the World Trade Organization (WTO) in the future. Kazakhstan is expected to close the preparatory talks this year, so there...

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Investor confidence in the euro area exceeded the pre-crisis level

According to the Monday released datas of the Sentix index, measuring investor confidence; in the euro zone, the Sentix index, increased to levels, have not seen for three and a...

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Kraft Foods calls for state intervention

Because of the sharp increasing price of raw coffee Kraft Foods, the world's leading food producer calls for state intervention to curb food prices caused by speculation. According to Hubert...

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Christmas could not help the Czech retail

In contrast to the expected growth Czech retail voulme produced a drop in December. Seasonally adjusted, decreased by 2.1 percent compared to November and by 1.3 percent, compared to the...

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Not recommended for dieters: a 140 thousand calorie hamburger

An American team, whose aim is to create the most heroic dinner of the world prepared. the 140 thousand-calorie hamburger. Nearly 10 kilograms of bacon, 6 kilograms of beef and...

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Here is the slimmest LED monitor of the world

LG Electronics (LG) unveiled its new E90 monitor, the company's slimmest LED monitor to date at just 7.2 mm in depth. With more and more consumers watching movies and videos...

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GKI: Waiting for the package

According to the forecast of GKI Economic Research Co., economic growth in Hungary will pick up in 2011. External demand will increase at a lower rate than last year but...

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Corvin shopping center: 100 days, at least two and a half million visitors

The Corvin shopping center opened its gates on the 27th of October 2010. Even in the first week, the shopping center received about two hundred thousand visitors. Since the successful...

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