Company and Personal News
Fat on top
Date: 2009-05-05 08:00:00
The average rate of inflation was 0.5 percent in March. Prices were up by 2.9 percent compared to March 2008. According to KSH figures, food prices were up by 0.7...
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Campari portfolio sold by BOLS Hungary
Date: 2009-05-05 08:00:00
From 1th April BOLS trades Campari International’s portfolio (Campari, Cinzano Vermuth, Cinzano Asti champagne, Old Smuggler whisky and Ouzo 12) in Hungary. With take-over of Campari’s portfolio BOLS can appears...
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Bigger than expected profit for Messer Hungarogáz
Date: 2009-05-05 08:00:00
Messer Hungarogáz Kft. produced a bigger than expected profit last year. Its revenues totalled HUF 12.9 billion, while its operating profit was up by 8.2 percent compared to 2007. Technological...
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Decline in market of mineral water
Date: 2009-05-05 08:00:00
According to the GfK Hungária ConsumerScan, the market of mineral water showed decline both in terms of quantity and value last year. Sales were down by 5.1 percent in terms...
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Consumer expectations continue to deteriorate
Date: 2009-05-05 08:00:00
According to the GKI Consumer Confidence Index, consumers continued to get more pessimistic in April. Consumer confidence has been deteriorating since the winter of 2008. Expectations regarding unemployment in the...
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Coca-Cola icons for the summer
Date: 2009-05-05 08:00:00
This year’s icons of the Coke Club – MTV Icon summer series of concerts will include Hungária, Ferenc Demjén and Edda. Apart from the 12 groups reinterpreting old hits, there...
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Surprises from 60 year old Tchibo
Date: 2009-05-05 08:00:00
Tchibo is celebrating its 60th birthday with several events and surprises in Hungary as well. They will have a nation-wide prize game, with a Volkswagen Golf 6 as the main...
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Faster than average growth in sales of insecticides
Date: 2009-05-05 08:00:00
The market of insecticides expanded by 11 percent in terms of value in the March 2008-February 2009 period, compared to the preceding 12 months, with retail sales exceeding HUF 3.5...
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Euro zone slowing down as well
Date: 2009-05-05 08:00:00
GDP was down by 1.6 percent in the Euro zone countries in the last quarter of 2008, compared to the third quarter, which was more than the anticipated 1.5 percent...
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Private labels on the offensive
Date: 2009-05-05 08:00:00
Private labels have been continuously increasing their share in retail sales for years. The assortment of private labels is widening and deepening at the same time. The perception of private...
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Agárdi Pálinkafőzde and its chief distiller world champions
Date: 2009-05-05 08:00:00
Agárdi Pálinkafőzde became world champion at the Destillata 2009 competition held in Vienna. The distillery won the title „Distillery of the Year’, while several of its products won “Palinka of...
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Demand shifting towards insect repellents with lower environmental impact
Date: 2009-05-05 08:00:00
As long as insects will continue to exist, insect repellents will have a stable market. However, demand is shifting towards products which have a smaller impact on our environment. As...
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We are first in terms of insolvency in EU
Date: 2009-05-05 08:00:00
According to Zoltán Dercze, director of Coface Hungary, we have the highest percentage of insolvent companies inside the EU. One out of 24 companies existing in January, will not survive...
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László Kiss CEO of Tokaj Kereskedőház Zrt.
Date: 2009-05-05 08:00:00
Hungarian State Holding Company selected the homeborn, young wine-grower for the position among thirteen tenderers. The winner conception of the 34 years old tenderer was about assuring the raw material,...
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Completa opening on line café
Date: 2009-05-05 08:00:00
An on line café was opened by Completa in April at the www.completa.hu web site, where a lot of information is available about the brand and the products. Recipes of...
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Mainly domestic chains advertising insecticides
Date: 2009-05-05 08:00:00
According to the GfK Leaflet Monitor, 450 advertisements of insecticides were published in leaflets circulated by retail chains in 2008. Only two of these were private labels. Domestic retail chains...
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Industrial statistics continue to worsen
Date: 2009-05-05 08:00:00
Industrial production was down by 25.4 percent in February 2009, compared to the same month in 2008 and by 4.1 percent compared to January 2009. As a result of a...
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Surprising results of the latest food safety research (X)
Date: 2009-05-05 01:01:11
The research result of GKI draws attention to the importance of food safety developments. GKI Economic Research Ltd’s research shows that 24% of the domestic population generally does not believe...
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Hungarian pig farmers can find new markets
Date: 2009-05-05 00:55:19
The Chinese and Russian drop in demand for the U.S. pork can open new markets for the major European exporters – quoted Napi Gazdaság the President of the Association of...
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Quality pálinka as Hungaricum
Date: 2009-05-05 00:51:29
Pálinka National Council was created to organize and supervise the quality control of the Pálinka, and develop the national pálinka-strategy. In the 13 member plenum exponents of the Minister of...
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BAT Hungary won the ‘Best Work Environment’ award
Date: 2009-05-05 00:46:53
CSR Europe’s and Global Footprint Network’s KÖVET Association rewarded British American Tobacco Hungary with ‘Best Work Environment’ special award at Green Office Competition. Nearly 6,500 employees of 35 companies, municipality...
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Bonduelle for the healthy nutrition of children
Date: 2009-05-05 00:42:00
Bonduelle well-known for vegetable processing set out healthy nutrition of children as an important strategic goal together with Think healthy! Program. It is important to start the total value of...
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The number of flu-infected exceeded one thousand
Date: 2009-05-05 00:32:13
European health authorities have stated, that more than 1000 people have already infected with the new type of flu around the world. Twenty-six person died in the epidemic so far,...
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Due to the crisis and the epidemic travel market has difficulties
Date: 2009-05-05 00:24:06
Travel market has been thoroughly shaken by the economic crisis and the swine flu. However earlier, market started to transform as organized online travel agencies started to emerge. The process...
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New Initiatives of NESTLE
Date: 2009-05-05 00:20:12
Three new initiatives were announced by Nestle. The company highlighted aim is: Community value creation. Nestlé Healthy Kids Global Programme helps a teaches children to health conscious lifestyleAnd declare action...
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Pepsi gets thinner?
Date: 2009-05-05 00:06:30
Beaten in the race by Coca Cola, the loss-making Hungarian Pepsi is considering the transfer of production. The Mineral Water and Soft Drink Industry Ltd. (Pepsi Americas FÁÜ Ltd.) has...
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Brazil, is the hit market of department store investments
Date: 2009-05-05 00:00:02
According to the information of the Brazilian Store Association, last year an appropriate amount of 390 billion HUF was invested in the development of the industry. Despite the crisis, this...
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Tefal and Tesco started a joint action
Date: 2009-05-04 09:22:23
Tesco Global Stores Ltd. is going to reward its customers with red points for 4 months. Collected points can be transferred for valuable Tefal Privilege Pro products at a reduced...
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SPAR transformed 14 Plus department stores into SPAR stores
Date: 2009-05-04 09:22:11
The SPAR Hungary Ltd. took over the Plus’ network in the past year. In January 2009 the transformation af the Plus stores into SPAR stores has been started. New SPAR...
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