Company and Personal News
French government vs. chain of stores
Date: 2009-10-30 00:01:25
The French Ministry of Economy denounced 9 large chains with the charge of abusing of suppliers. Six of the chains are distributing primarily food products. The French press has been...
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Heineken raised its profit expectations
Date: 2009-10-30 00:01:12
Sales and turnover, also declined in the third quarter of the year at Heineken. At the same time the company increased its profit expectations for the whole year. The third...
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An old-new beer on the shelves: Spaten
Date: 2009-10-30 00:00:56
Borsod Brewery Zrt. will reintroduce Spaten to the Hungarian market.The drink will respect the traditions of pils beer, but will be marketed in a completely renewed form. Spaten is brewed...
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Qualitative leader at GfK Hungária
Date: 2009-10-30 00:00:15
The new qualitative leader of GfK Hungária Market Research Institute will be Becker György from 15th October 2009. The 54-year psychologists worked at TNS Hungary in the past also in...
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The MVH will purchase the surplus grain
Date: 2009-10-29 00:06:12
The Agriculture and Rural Development Agency (MVH) can buy unlimited quantities of wheat and barley offered for intervention from 1st November. On the basis of the proposals, the purchasing 400...
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Tesco will renew its financial services
Date: 2009-10-29 00:06:02
Thanks to the cooperation between Tesco and Benks, Tesco’s Financial Services product range will renewed from the 2nd November. Thanks to the new financial partner more than 30 banks and...
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Increase in alcohol taxes, tighter controls
Date: 2009-10-29 00:05:29
The alcohol tax rate will be increased next year. Tighter controls are expected in the pálinka breweries during the autumn, and new security locks will be used on the equipments....
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Quelle subsidiaries will be operated by new owner
Date: 2009-10-29 00:04:12
The international Quelle subsidiaries can continue to operate, despite the 1st November termination of German parent company. Soon they will be sold to investors, including the Hungarian firm. According to...
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DM is expanding despite the crisis.
Date: 2009-10-29 00:03:12
In 2008/2009 DM Drogerie Markt reached a 5.4 percent growth and achieved a turnover of 63.7 billion, so the management of the drugstore chain considers this business year successful, despite...
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Auchan overtakes its competitors
Date: 2009-10-29 00:01:25
The French hypermarket giant started an intensive expansion over the past decade in the eastern markets, notably in China, Russia and Eastern Europe. Auchan is the world's 14th largest retailer,...
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The third Tesco Express store has opened in Óbuda
Date: 2009-10-29 00:01:00
On Wednesday, a new Tesco Express store opened in the 3rd district of Budapest, under 1-2 Pablo Neruda street. With this, 15 shops new format Tesco shops are across the...
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Bonbonetti awarded on the occasion of World Food Day
Date: 2009-10-29 00:00:52
Hungary's largest confectionery company group, the Bonbonetti Group participated on the 4th Hungarian Donation Convoy, as a silver grade sponsor on 16th October 2009. The Bonbonetti Group joined the Hungarian...
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Food industrial applications up to 1.6 million euros
Date: 2009-10-28 00:07:01
The modification of the regulation over the “EMVA agricultural products, adding value to provide aid” is already available. On this basis, one can apply until 30th November at the Agriculture...
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Vehicle liability insurance in the Tesco again this year
Date: 2009-10-28 00:05:21
From 2nd November to 31st December, Tesco customers can choose their own best compulsory vehicle liability insurance, from the offers of all Hungarian insurance companies. In addition, beside the customers...
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U.S.A.: rising house prices, falling consumer confidence
Date: 2009-10-28 00:04:21
Compared to July, 1.2 percent increase has occured in house prices in the U.S.A. The publication of Conference Board's consumer confidence index washed away optimism. The index was well below...
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New regulation control the services provided at accommodations
Date: 2009-10-28 00:03:12
According to the new government regulation; The hotels should provide other services besides accommodation, and at least 11 rooms and 21 beds should be maintained. The regulation covers all accommodation...
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Growing retail real estate investments in the second quarter of 2009
Date: 2009-10-28 00:02:00
According to the latest reasearch of Jones Lang LaSalle real estate consultant; European retail real estate investments increased 85 by percent in the second quarter compared to the first quarter....
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Food prices may dramatically increase
Date: 2009-10-28 00:01:25
According to the experts of the Standard Chartered Bank; Great food price increases may come in the next few decades. The UN estimates that, by 2050 the global population will...
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Climate protection instead of agricultural support
Date: 2009-10-28 00:00:55
The pre-draft document in which the European Commission outlines its visions for the 2014 – 2020 budget, indicates a strong shift from the agricultural policy and employement towards climate change...
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GM products in Hungarian shops without any indication
Date: 2009-10-28 00:00:22
Despite Hungary stands out strongly under the prohibition of gene modified (GM) plants, domestic agriculture is not yet without them. The only permitted gene modified MON810 maize in Europe, although...
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McDonald's withdraw from Iceland
Date: 2009-10-28 00:00:12
In a few days Iceland will stay without McDonald's: last two McDonald's fast food restaurants of the island will close on 1st November due to the high operating costs. The...
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Gyermelyi wins the Coop Rally
Date: 2009-10-27 08:00:00
The Gyermelyi team won this year’s ”Coop Rally for quality food products from Hungary”, ahead of Sara Lee Hungary and the Coop Star/Tisza-Coop team. This year a record number of...
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New advertising code of ethics entered into force
Date: 2009-10-27 08:00:00
The new Hungarian Advertising Code of Ethics was signed by 26 professional organisations and entered into force on 30 September 2009. It is based on the Code of Ethics of...
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Erste Faktor improves its market position
Date: 2009-10-27 08:00:00
Although in the first quarter the factoring market contracted, Erste Faktor Zrt. managed to expand significantly (by 40 percent in the second quarter; in the same period the market contracted...
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The brake still holds back the industry
Date: 2009-10-27 08:00:00
In July 2009, industrial production fell by 19.4 percent, compared to the same period a year earlier. KSH’s report states that the volume of production was 22.1 percent lower in...
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Unilever on top of Dow Jones sustainability index
Date: 2009-10-27 08:00:00
In the food category, Unilever has the highest sustainability index with a 81 percent performance. Twenty-two aspects were considered and in environmental protection Unilever achieved 100 percent. The company has...
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New “green” promotion from Tesco
Date: 2009-10-27 08:00:00
Tesco-Global Áruházak Zrt. launched its “Is your school green?” waste-recollecting competition, which lasts from 11 September 2009 until 11 January 2010. Tesco stamps into a stamp book (which can be...
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CIB Faktor provides additional services
Date: 2009-10-27 08:00:00
In the first six months of 2009, factoring turnover at CIB Faktor increased by 16 percent, compared to the same period last year, while the Hungarian factoring market contracted by...
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Purchasing power highest in Csopak
Date: 2009-10-27 08:00:00
Csopak dwellers may spend the most, while purchasing power is lowest in Tiszabő (Jász-Nagykun-Szolnok county), according to a study by GfK Hungária. In the county ranking (including Budapest) Budapest is...
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PICK Liver patés won the Hungarian Product Grand Prix
Date: 2009-10-27 08:00:00
On 2 September, the annual Hungarian Product Grand Prix was held in Parliament’s Felsőházi hall, where László Kovács, president/CEO of PICK Szeged Zrt. received this year’s grand prize for PICK’s...
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