Company and Personal News
This year, at least 17 500 companies may bankrupt
Date: 2010-12-06 13:21:47
During one month liquidation proceedings started against 1627, in the first 11 months of the year, liquidation proceedings started against 16 513 companies, so until the end of the year,...
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Credit card spendings slow down in Europe
Date: 2010-12-06 13:20:52
According to the joint report of Visa Europe and Markit market research company; the population of the EU Member States spent 1.2 percent more in the third quarter of 2010,...
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Authorities find a series of fake and poisonous products continuously
Date: 2010-12-06 13:04:53
In recent days, many dubious origin and quality toxic food products discovered by the authorities. The Agricultural Management Office found palm oil forged egg powder and fusarium-toxin flour in Heves...
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A new Starbucks café opened in the Mammut
Date: 2010-12-06 13:02:47
The Starbucks Coffee International, Inc. opened its second Budapest store. The new cafe awaits its guests in the Mammut shopping Centre on 118 square meters with 30 seats. Not even...
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easyJet closed a successful November
Date: 2010-12-06 12:35:02
Budget airline easyJet carried 3,694,514 passengers in November – 10.2% up on last year. The load factor increased by 0.9 percentage point to 85.7%. The airline has carried a total...
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Euronics expects abundant Christmas
Date: 2010-12-06 12:24:55
According to the Christmas analysis of Euronics; The Christmas shopping rush started in the early days of December. Most of the customers trying to buy the gifts in the last...
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Nestlé supports Red Cross with money and expertise
Date: 2010-12-06 11:13:45
Nestlé and the International Federation of Red Cross and Red Crescent Societies (IFRC) renewed their collaboration for the next three years, with a special focus on building more resilient rural...
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TESCO Fitt Days proved to be successful
Date: 2010-12-06 10:05:38
TESCO Fitt Days is a special event to provide citizens of Budapest, Debrecenand Veszprém with various facilities to enjoy sports. The retailer sponsored the event for the third time, whereas...
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Austria turns to the European Commission because of the special tax
Date: 2010-12-03 18:25:48
The Hungarian crisis tax prefers the Hungarian-owned companies, so it is contrary to the EU competition rules – wrote Die Presse in its Thursday's issue. The Austrian companies lobbied against...
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In-Food 2000 is the new distributor of Heinz product
Date: 2010-12-03 14:12:22
Heinz’s regional commercial director informed our magazine that In-Food 2000 Kft. became the new distributor of the Heinz brand in Hungary. Heinz’s market position is stable in the ketchup segment,...
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Motivation with voucher
Date: 2010-12-03 14:10:14
Sodexo came out with a new voucher in October: BÓNUSZ is not a non-wage benefit, it can be more widely used than cold or hot food vouchers and it is...
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Fresh and youthful – shop transformation the Match way
Date: 2010-12-03 14:05:31
On 25 November the Match supermarket in Budapest’s Duna Plaza reopened. Before opening, those ‘responsible’ for the renovation guided Trade magazin around the store. Tamás Szendrő, sales director of Csemege-Match...
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Green cleaning
Date: 2010-12-03 13:52:43
Skweet also targets sport lovers: it cleans all types of sport bottle naturally, easily and effectively. The powder not only cleans bottles, but it contains only natural ingredients; it is...
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Sex drive (energy) drink
Date: 2010-12-03 13:51:47
Sex drive is different from other energy drinks: it enhances blood flow to vital organs and it has been known to increase the libido in both men and women. It...
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Cora starts a special set of course for its employees
Date: 2010-12-03 13:51:17
Cora, ran by Magyar Hipermarket Ltd. started a new course for its employees in Budakalász, Fót, Szeged outlets, under the title Courses at Magyar Hopermarket Ltd. The program TÁMOP-2.3.3/B-09/10-2010-0020 is...
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Drink quiz
Date: 2010-12-03 13:49:52
Britvic would like to sell more of their Juicy Drench drinks by installing smart vending machines in shops. These vending machines do not accept cash, rather they prompt participants to...
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Capacity-building investment at Rondó
Date: 2010-12-03 13:48:45
Rondó Hullámkartongyártó Ltd. has carried out a capacity-building investment of mearly two billion HUF in Budapest. The company, with its new production hall and inner transportsystem, is now ready to...
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Stagnating Hungarian FMCG market
Date: 2010-12-03 13:48:13
After a survey of 2,000 households by GfK Hungária, we learned that we did not spend more on FMCG products this year than last year, what is more, we continued...
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Agricultural product prices were up by twenty percent
Date: 2010-12-03 13:46:17
In August 2010 the production price level of agricultural products surged by 20.1 percent, compared to the level of August 2009 – vegetable product prices soared by 31.7 percent and...
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Chocolate Santa figures are the most popular – they make up for more than half of holiday season sales
Date: 2010-12-03 13:44:18
Last year sweets retail sales surpassed the level of HUF 2 billion in the December holiday season, but sales of seasonal products were 11 percent lower than in the previous...
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Increase in retail sales: it did not happen yet
Date: 2010-12-03 13:42:53
Volume sales by retail units in August were practically at the same level as last year. Sales fell by 3.3 percent in the first eight months of the year. KSH’s...
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Prices lowered in September
Date: 2010-12-03 13:39:54
In September the monthly average consumer price decrease was 0.1 percent, but compared with the level of September 2009 prices increased by 3.8 percent. According to a quick report by...
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Retail sales are slowly climbing in the EU
Date: 2010-12-03 13:38:37
According to Eurostat’s quick estimate, retail sales grew by 0.8 percent in the EU-27 and by 0.6 percent in the eurozone in August 2010, compared to the same period a...
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Food industry is still one of the losers
Date: 2010-12-03 13:36:51
Domestic industrial sales prices were 0.3 percent higher in August 2010 than in the previous month. If compared with August 2009, they were 10.5 percent higher. Industrial export sales prices...
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Food export growth
Date: 2010-12-03 13:35:22
In January-July 2010 the volume of export soared by 17 percent and that of import increased by 15 percent, if compared with the base period a year earlier. Foreign trade...
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Chocolate may become a luxury product
Date: 2010-12-03 13:34:38
Because of the decline of the cocoa bean plantations and rising demandm, chocolate soon to be classified into the category of luxury goods. According to the Ghana-based Natural Conservation Research...
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Young people spend nearly five hours in front
Date: 2010-12-03 13:32:33
In the past ten years the umber of young people who use the Internet daily multiplied by sixteen. 15-19 year olds spend a daily 4.9 hours in front of different...
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Chocolate Santa Clauses in the Auchan and in the Tesco
Date: 2010-12-03 13:30:32
The Santa Claus season lasts until Sunday evening, Monday morning in the domestic stores. The supply is abundant, but this year it is projected to be less sweet for the...
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Eurozone’s retail sales increased again
Date: 2010-12-03 13:28:28
After falling for two consecutive months, the euro-zone retail sales rose in October – states the European Union's statistical office, the Eurostat on Friday. The October retail sales increased by...
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Inflation wave hits Romania and Greece
Date: 2010-12-03 13:24:36
In August 2010, in the EU-27 consumer prices were 2 percent higher on average, compared to prices in August 2009. The biggest increase was measured in Romania (7.7 percent) and...
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