News and articles
NGM: no specific proposal arrived to reduce the VAT on basic foods
Date: 2012-08-06 13:20:04
No specific proposal has arrived yet to the National Economy Ministry (NGM) on the reduction of theVAT on basic foodstuffs – the NGM informed MTI on Monday. The Hungarian regulations...
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Opten: the number of liquidations is on peak
Date: 2012-08-06 12:55:34
In July, liquidation proceedings were initated against 2251 companies. In the last three months the monthly average of liquidation proceedings was 2,328 which was 20 percent higher than a year...
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The European harvest started with the Csabagyöngye grape of the South Balaton
Date: 2012-08-06 12:30:08
Significant quantities of the Hungaricum grape is only produced in this region of Hungary on the plantations of the Balaton Agrár Zrt. From the grapes only the Badacsony-based Varga Winery...
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NMHH: 2.118 million broadband internet subscriptions in June in Hungary
Date: 2012-08-06 12:28:31
In June, 2.118 million broadband internet subscriptions were registered in Hungary, 11 thousand more than in May – shows the flash report of the National Media and Communications Authority (NMHH),...
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Less grain has grown in Russia
Date: 2012-08-06 11:10:49
The SovEcon revised its forecast on this year’s grain crop downward with several millions of tons, due to the drought in the Volga region. The market research institute estimates that...
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Apricot season started and ended early
Date: 2012-08-06 11:08:24
This year’s apricot season started early and ended early as well. The housewives were hoping that apricot will only be cheaper, but they soon disappeared from the market. In the...
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FAO: world's rice production is reducing
Date: 2012-08-06 11:06:35
The UN’s Food and Agriculture Organization (FAO), revised the forecast of the world’s rice production downward, however, production will still exceed the demand, and therefore a possible risk of the...
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Magazine: Smoke a choint!
Date: 2012-08-06 11:04:03
Chocolate is no longer a guilty pleasure. Le Whif combines chocolate and aerosol science with their zero calorie chocolate inhaler. Beginning in the spring of 2008 as part of a...
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How green is the world's “most sustainable Olympics”?
Date: 2012-08-06 11:02:42
The organizers of London's Olympics heralded this year’s summer games as the greenest and most sustainable Olympics of the world, and although in some areas they actually achieved a podium...
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NGM: until the end of July 50 billion HUF was spent on Széchenyi Rest Cards
Date: 2012-08-06 11:01:17
According to the datas of the three issuer institutes; until the end of July, 50 billion HUF was spent on Széchenyi Rest Cards, of which 7.5 billion HUF was uploaded...
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(HU) Strandok éjszakája: közel 40 fürdőben országszerte
Date: 2012-08-06 11:00:58
Nearly 40 Hungarian spas, swimming pools and adventure baths await visitors to the different programs of the Night of Baths on Friday night. The promotional event will be held on...
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Beer is popular due to the Olympics
Date: 2012-08-06 10:38:44
Bükfürdő Tourism Association analyzes the connections linked to the LOndon Olympics in a rather unique way. According to their survey, in Hungary, most restaurants and catering units are getting prepared...
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Péter Zwack passed away
Date: 2012-08-03 19:55:09
Péter Zwack died in Italy at the age of 85. He was one of the most colourful personalities of the Hungarian political and economic life. He was born in 1927...
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Domestic corn crop can be three million tons less this year
Date: 2012-08-03 13:10:17
This year’s corn crop can be up to three million tons less, due to the drought. Animal farmers can be also affected badly by the dramatic price increase of the...
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Retail sales in June increased in the euro zone decreased in the EU
Date: 2012-08-03 12:50:00
The volume of retail sales increased in the euro zone and decreased in the EU 27, compared with the previous month – announced Eurostat on Friday. In June, compared to...
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Fifteen tons of goods were seized during the control of the wholesale market
Date: 2012-08-03 12:20:12
During the control of the wholesale market in Budapest, about 15 tons of fruits and vegetables were seized by the inspectors – said Helik Ferenc, head veterinarian of the Pest...
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Magazine: Trends, whys and answers – part 3
Date: 2012-08-03 11:43:16
In the last two decades market researchers started focusing on the psychology of consumers. Qualitative market researchers try to find the answer to questions such as ‘How do emotions influence...
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More than 3 billion HUF spent on marketing by Hungarian National Tourism Office
Date: 2012-08-03 11:30:01
The tender launched by the Hungarian National Tourism Office for domestic and foreign communications and marketing tasks was won by I.M.G. Inter Media Group Kft. and Mediaedge:cia Hungary Kft., the...
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Tobacco manufacturers emphasize the dangers of tax increases
Date: 2012-08-03 11:18:47
The July planned increase in excise duty announced by the government shocks the participants of the Hungarian tobacco industry – said the tobacco manufacturers. Sánta János, the President of the...
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Tesco's sales grew in 2011, profits fell slightly
Date: 2012-08-03 11:15:15
According to the report of Tesco Global Stores, published at the end of July the chain had a slight decrease in profit in 2011. Last year Tesco’s profit was only...
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Olympics not being too successful when it comes to tourism
Date: 2012-08-03 11:13:34
Economists have long warned that the Olympics may not provide much of a boost at this stage for Britain's recession-hit economy as most of the construction work and investment has...
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Praktiker: little stores to come
Date: 2012-08-03 11:00:36
There will not be store closures in Hungary, moreover Praktiker intends to open additional retail units – was said at the company’s press conference. There will not be store closures...
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The Corvinus University will train pálinka masters
Date: 2012-08-03 11:00:35
The training of the pálinka masters will soon begin in Hungary on a university level: The training of the Food Science, Faculty of the Corvinus University of Budapest (CUB), awaits...
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The Kistücsök remains the best restaurant near the Lake Balaton again
Date: 2012-08-03 10:58:43
The Magyar Konyha as usual, compiled the list of best restaurants near the Lake Balaton again. As a novelty, they also made the top list is the best fish fryers....
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The Hungarian Association of Baths requests the extension of the Széchenyi Rest Card
Date: 2012-08-03 10:52:26
The Hungarian Association of Baths is asking for interoperability between the sub-accounts of the Széchenyi Rest Cards and to extend the use of cards in baths and swimming pools –...
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All famous foods of the Szatmár region will be prepared at the festival in Panyola
Date: 2012-08-03 10:52:15
Chefs of Panyola, Túristvánd and Szatmárcseke will prepare all famous foods of the Szatmár region at the 6th World Music Festival Near the Border event, that starts at Friday 6...
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Czech retail sales falling back
Date: 2012-08-03 10:20:20
The Czech Statistical Office released more accurate data on external trade for the fourth quarter of 2011 and in relation to that the media published reflections of the analytical public...
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The poultry, pork and beef industry waiting for support
Date: 2012-08-02 14:00:14
The Livestock and Meat Interprofessional Organization and Marketing Board (VHT) and the Poultry Product Council (BTT) proposes the increase of national fundings, ensuring favorable-rate loans and a significant VAT decrease...
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K&H SME confidence index: domestic enterprises expect moderate results
Date: 2012-08-02 12:55:36
On the basis of the latest datas of the K&H SME confidence index, the surveyed five hundred CEOs presuppose an average of a 4.3 percent revenue growth and a 2.5...
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A Farmers’ market opens in the Square of Rózsák in Budapest
Date: 2012-08-02 12:20:47
Primary and small producers are selling Hungarian vegetables, fruits and foods from Saturday in the 7th district of Budapest – the Ministry of Rural Development (VM) told MTI on Thursday....
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