Company and Personal News
Member States are discussing standardisation of their environmental legislation in Budapest
Date: 2011-05-27 10:43:00
Hungary, with the environmental provisions of its new Constitution, is providing strong background support for the operation of organisations such as IMPEL (the European Union Network for the Implementation and...
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Hungary is at the forefront of volunteerism
Date: 2011-05-27 09:08:46
At the opening event of the ‘TeSzedd! Volunteer for a clean Hungary!’ action on Saturday, Sándor Fazekas said that this was a very important date in the European Year of...
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Győri: The spirit of the Presidency is manifest in volunteering
Date: 2011-05-27 08:00:33
There are few things that express the spirit of the Hungarian Presidency as well as volunteering does – Enikő Győri, Minister of State for EU Affairs of the Foreign Ministry,...
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Font Sándor: The entire food industry privatization should be reviewed
Date: 2011-05-26 13:24:46
The committee will primarily review the spontaneous and state privatization of the early '90s, the latter factory closures. The parliamentary committee will be formed within two weeks, and will be...
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Austrian-Hungarian cooperation will create the Center for Poultry Excellence
Date: 2011-05-26 13:20:41
The Vienna University of Veterinary and the Georgikon Faculty of the Pannon University signed a three-year cooperative agreement – announced by the cooperating parties. One of the world's leading university...
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The Erste mutual fund bought a trading center
Date: 2011-05-26 12:20:45
The Napfény Park trade center in Szeged changed hands. It was sold by Móraváros Ltd. below 8 percent yield to Erste open-ended fund. The Napfény Park (Sunshine Park) opened its...
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Patagonia can be a famous wine growing region
Date: 2011-05-26 12:05:11
Argentine winemakers are trying to turn Patagonia as a famous wine-growing area. The task is a challenge, since the land is more a fertile land, the area has a very...
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Polish retail trade accelerates
Date: 2011-05-26 12:00:47
In Poland, unemployment fell in April, compared to the previous month, while retail sales jumped in April, grewing by nearly 19 percent compared to the same month of last year...
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GfK: Hungarian young people are the least committed towards their jobs
Date: 2011-05-26 07:00:00
The lack commitment towards workspaces is general among the young employees worldwide. Above all, they feel pressure at work, which causes long-term retention and management problems for the companies and...
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Consumer confidence further deteriorated in Europe's largets economy
Date: 2011-05-25 13:18:17
In Germany, the consumer confidence deteriorated further in June. The forward-looking, sentiment index became 5.5 points, weaker than the predicted 5.7 points of May. The assessment of the current situation...
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The apricots of Gönc received EU protection
Date: 2011-05-25 12:25:51
The European Union classified the apricots of Gönc as protected geographical indication products – announced the European Commission in Brussels on Tuesday. With the protection, the special Hungarian fruit became...
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Matusz-Vad Zrt.: frozen food sold well
Date: 2011-05-25 12:08:01
According to the results of the Győr-based Matusz-Vad Zrt.; the company has successfully surpassed the results of the same period of last year. Matusz-Vad Zrt. is one of the leading...
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Zwack is making loss, but the Easter revenue comes handy for the second quarter
Date: 2011-05-25 12:00:25
On operating level the first quarter brought 120 million HUF loss to Zwack Plc. The negative market trends, and the late April Easter period also contributed in this. The company's...
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Biggest hypermarket paid 10.7 billion HUF as crisis tax
Date: 2011-05-25 08:50:06
Tesco's new CEO complains that the strict government action was not preceded by consultation. “We are not only the biggest sellers, but we are the largest buyers in Hungary, and...
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Community shopping sites: everybody wins
Date: 2011-05-25 08:27:31
The secret of the popularity of community shopping systems lies in the win-win-win model ensuring that all actors involved in the business will win. The first community shopping sites appeared...
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CSR planning in Hungary
Date: 2011-05-25 08:15:47
Although in core business practice most leaders are aware of the fact that information needs to be acquired from a wide range of sources, decision makers in corporate enterprises seem...
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Unilever walks against famine
Date: 2011-05-25 07:34:48
Unilever’s partnership with WFP entered a new phase in 2011, under the flag Project Laser Beam (PLB). It is a unique 5-year public-private partnership that aims to eradicate child malnutrition,...
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Moet Hennessy starts a new venture in China: sparkling wine
Date: 2011-05-25 07:27:04
French luxury giant LVMH Moet Hennessy Louis Vuitton embarks on a new venture in China — produce and sell high-end sparkling wine under its Chandon label. Moet Hennessy, the wine...
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Retail and agriculture have entered the danger zone
Date: 2011-05-25 00:41:15
In the first quarter of 2011 the number of insolvency procedures grew by 27 percent. This rate is higher than forecasted and Coface Hungary’s opinion is that it is because...
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Tesco to keep its leading position, Gerry Gray says
Date: 2011-05-24 22:58:33
Tesco wishes to be the best partner of customers, local communities, workmates and deliverers. The company is planning to expand its services and analyze situations in detail in order to...
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OKSZ calls for the reduction of VAT
Date: 2011-05-24 14:00:23
According to the National Trade Association (OKSZ); the higher inflation is the main, that domestic consumption has not followed the growth of GDP in the first-quarter of 2011. The OKSZ...
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Retail still in trouble
Date: 2011-05-24 13:40:36
The retail sales in March shrank, compared to both the previous month, and the same period of last year. The flash report of the Central Statistical Office shows: the new...
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Ranking of competitiveness may improve
Date: 2011-05-24 13:17:02
“According to an international ranking of competitiveness published last week Hungary has a worse ranking than it did this time last year. Even though there is no possibility to face...
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Mastercard: 10 percent of cardholders regularly buy on the Web
Date: 2011-05-24 13:00:30
The Internet usage of MasterCard debit cards grew in a threefold rate over the past year, than the the traditional business card purchases, although the latter is 15 percent higher...
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TriGánit plans to restart the preparations of Westend II
Date: 2011-05-24 12:42:59
One of Europe's largest, real estate investment, the majority Hungarian-owned TriGránit plans to restart the preparations of the development of WestEnd II in June 2011 – reports Ingatlan és Befektetés....
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Tesco enters to the community media market
Date: 2011-05-24 12:39:52
Tesco buys the BzzAgent U.S. community media marketing agency for sixty million dollars – reports AdAge, citing sources familiar with the deal. The BzzAgent is a Boston-based startup that specializes...
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Foreign investor can save Cerbona
Date: 2011-05-24 12:30:45
The court ordered the liquidation of Cerbona Inc., last week. Despite this, the company is negotiating with a serious-looking foreign investor. If they manage to conclude an agreement with banks...
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The consumption of cheese specialties is concentrated to Budapest
Date: 2011-05-24 10:35:50
According to Gfk Hungária’s ConsumerScan, the more special a type of cheese is, the more Budapest-centred its consumption is; small towns and villages are strong in processed cheese consumption. Practically...
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News from Fressnapf
Date: 2011-05-24 08:47:01
Fressnapf and RTL TV series “Gute Zeiten schlechte Zeiten” (GZSZ) have won a bronze “Co-Brands Award” for their last year’s joint campaign “Mach dein Tier zum TV-Star” (make your pet...
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Flexible working hours should be reflected by income
Date: 2011-05-24 08:38:41
This report identifies the three Vs: Virtual, adVantage and Value that will define the benefits of agile working as it emerges over the next decade. As the concept of ‘virtuality’...
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