Company and Personal News
A lot depends on tax law and the budget
Date: 2010-12-03 13:22:18
According to economic projections by GKI Gazdaságkutató Zrt. and Erste Bank, the conditions for economic growth are somewhat worse than previously reckoned. The growth rate of external demand will be...
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Chicken sales on the rise
Date: 2010-12-03 13:18:10
Agricultural Economics Research Institute (AKI) monitors and regularly publishes the world’s poultry and meat product trends. Their latest report reveals that the volume of broiler chicken purchased weekly on weeks...
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Industrial production improved after last year’s poor performance
Date: 2010-12-03 13:16:37
In August 2010 the volume of industrial production increased by 17.6 percent from August last year. Production level in the first eight months of the year was 10 percent higher...
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Online food stores are in trouble
Date: 2010-12-03 13:13:47
Every fourth online food store eliminates its operation in Great Britain. Years ago, the Internet has revolutionized the business sector. Costumers did not have to go to the hypermarkets: the...
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Bulgarian pensioners stormed the Lidl stores
Date: 2010-12-03 12:58:24
Pensioners stormed Lidl stores in Bulgaria last Thursday. The stores advertised huge promotions, offering bananas and cucumbers for pennies. In Sofia, a Lidl store opening attracted mainly pensioners living in...
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New 85 inch Panasonic plasma display set to impressin conference rooms
Date: 2010-12-03 11:57:07
A new 85-inch Full High-Definition (HD) Plasma display has been rolled out by Panasonic South-East Europe and its partner CubeMedia Ltd. Designed initially for the commercial market the screen was...
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Nearly all households buy some kind of hygiene or skin care product
Date: 2010-12-03 11:22:48
According to GfK Hungária’s ConsumerScan, 95 percent of households bought some kind of hygiene or skin care product in the first half of 2010. In the youngest age group (under...
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Hand care creams have become cheaper
Date: 2010-12-03 11:18:38
From the Nielsen Retail Index we learn that the annual market of hand and body care creams amounts to an annual HUF 7-8 billion. From this hand crams represent HUF...
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More expensive nuts and seeds, successful dried fruit novelties
Date: 2010-12-03 11:16:43
Economic recession did not spare the domestic and international market of dried fruits and nuts/seeds. Mariann Novák, sales director of Nobilis told Trade magazin that the majority of Hungarian shoppers...
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So far we spent more on sweet biscuits this year
Date: 2010-12-03 11:13:54
Data from Gfk Hungária reveal that households spent more on sweet biscuits in the first half of 2010 than in 2009. The number of buyers did not increase, but the...
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The biscuit market suffers from increased flour prices
Date: 2010-12-03 11:12:14
Data by Nielsen revealed that sweet biscuits lost a significant share of their market in the last six months. Zsanett Teveli, Maresi Foodbroker Kft.’s brand manager told us that it...
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Plain biscuit strengthened its leading position
Date: 2010-12-03 11:10:13
Sweet biscuit sales amount to HUF 23 billion per year, according to Nielsen. Plain sweet biscuit’s market share in December 2009-July 2010 grew to 43 percent in value (up 4...
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Rauch expands on a shrinking market
Date: 2010-12-03 11:07:43
On 12 November Rauch announced at a press conference that they processed 80,000 tons of Hungarian fruit, 80 percent of which was apple. Gábor Kardos, Rauch Hungária Kft.’s director told...
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More expensive juice products increased their market share
Date: 2010-12-03 11:03:08
In the fruit juice category, sales shifted toward more expensive products with a higher fruit content: the market share of juice grew to 29 percent in value – in December...
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40 years of learning
Date: 2010-12-03 10:55:37
Balázs Pászti received the Lifetime Achievement Award of Trade magazin and Lánchíd Club. Mr Pászti was born in Budapest in 1948 and worked at only two places during his 40-year...
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From being an architect to working in the sugar industry
Date: 2010-12-03 10:54:03
Béla Fischer received the Lifetime Achievement Award of Trade magazin and Lánchíd Club. Mr Fischer was born in Esztergom in 1952 and earned a degree in architecture, which was later...
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Another Hungarian director at the Eckes-Granini Group
Date: 2010-12-03 10:13:28
From 1 October 2010 Marianna Bartos fills the position of HR and organisational development director at Eckes-Granini Group. She graduated at ELTE’s Faculty of Arts and in the last 18...
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The brand Házi Arany received a Magyar Bransa award in 2010
Date: 2010-12-03 10:00:30
Házi Piros Paprika Ltd. is celebrating its 20th anniversary now, and its brand Házi Arany received a special award now. The fully Hungarian-owned company selling and distributing paprika, spices and...
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In Forint terms Hungary exports more than before the crisis
Date: 2010-12-02 15:47:13
Between January and September, the export volume increased by 18, imports by 16 percent compared to the base period. The increase in euro was 22, and 19 percent. The trade...
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Hungarian companies are optimistic
Date: 2010-12-02 15:43:56
Hungarian business leaders are optimistic about their own companies and over the economic prospects of Hungary. Three quarters of them expect that their company’s revenue will reach or exceed the...
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Third of the pigs and one-fifth of the cattle have disappeared
Date: 2010-12-02 15:42:10
According to the Central Statistical Office; third of the pigs and one-fifth of the cattle have disappeared in the last ten years. This shows that animal breeding is vegetating for...
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Pizza Hut will not withdraw completely from Hungary
Date: 2010-12-02 14:40:26
The Pizza Hut restaurant chain, operated by AmRest Ltd. will not completely withdraw from the Hungarian market, despite many signs suggested this – reports Világgazdaság Online. “In our long-term plans,...
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Euro zone’s economy increased by nearly two percent in a year
Date: 2010-12-02 14:35:59
In the third quarter, the GDP of the 16-member euro zone increased by 0.4 percent, compared to the second quarter and by 1.9 percent, compared to the third quarter of...
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Dreher won the Green Frog Award
Date: 2010-12-02 14:25:29
The jury of the Green Frog Award alias the Central European Environmental Report set up by Deloitte juried 44 applications from three countries this year. The best sustainability report was...
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Consumption mood in the EU improved hardly
Date: 2010-12-02 14:24:09
Public spending growth slowed down in the third quarter in the European Union (EU). According to the survey of the Visa Europe; the nearly half billion inhabitants of the union...
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Pepsi’s five billion dollar deal in Russia
Date: 2010-12-02 14:19:23
U.S. PepsiCo, bought the largest Russian food and beverage producer, the Wimm-Bill-Dann Foods (WBD) for 5.4 billion USD. According to the Thursday announcement; in the first round, PepsiCo will acquire...
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Russia joins to the World Trade Organization
Date: 2010-12-02 13:37:59
Moscow and Brussels signed the document of the WTO accession on the 7th of December – said Russian Deputy Prime Minister Aleksandr Zhukov in Moscow. According to the report of...
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Bonbonetti comes up with a wide selection of Christmas candies
Date: 2010-12-02 12:59:49
This year, Bonbonetti has launched a number of new products, such as Bombonetti Szaloncukor Selection, a wide range if special Christmas candies. In the year of 1868 the biggest chocolate...
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MVH goes on with food-aid program sponsored by EU
Date: 2010-12-02 11:35:04
Food distribution goes on in the next couple of weeks of year, on behalf of Hungarian Agricultural Authority (MVH) within the compass of a special food-aid program for those in...
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Hungarian companies only use social media for marketing purposes
Date: 2010-12-02 10:47:00
The majority of Hungarian companies still do not get the hang of social media: they mostly use it as a one way platform to distribute marketing messages, instead of focusing...
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