Company and Personal News
Growth and real optimism at McDonald's
Date: 2009-05-29 00:34:45
McDonald's has maintained its leading position. Seventy-nine million guests, 12 percent growth, a $ 38.7 billion HUF in turnover and 1.54 billion operating profit were last year’s results. The company...
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The Hungarian economy has been increased in May
Date: 2009-05-29 00:32:28
According to the common indicator of Világgazdaság and Ecostat – called the speed-up guide (GYIA) – after the decline of April, the economy increased by 0.33 percent in May. It...
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Deák Ferenc elected again
Date: 2009-05-29 00:29:00
Deák Ferenc who is the Managing Director of Henkel Hungary has been elected as the President of the Hungarian Brand Alliance for a further two years, on the General Meeting...
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Mars Hungary – less chocolate, more pet food this year
Date: 2009-05-29 00:28:58
Mars Hungary plans a turnover of 50 billion HUF for the 2009 financial year, stated, Ács Tamás the Executive Director of Mars Hungary on a press conference held in Budapest...
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No need to re-authorize the cash registers
Date: 2009-05-29 00:20:11
The shops do not need to re-authorize the cash registers because of the increase in VAT and excise tax. A simple parameter modification is enough – stated the fiscal business-leader...
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Dry weather is bad for agriculture
Date: 2009-05-29 00:10:31
Despite the rain falls of the recent days, 200 millimeters are still missing from the usual amount of precipitation. The dry weather can cause more than 100 billion HUF losses...
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Chiquita Ltd. abolished
Date: 2009-05-29 00:05:12
The Vác based fruit trader the Chiquita Hungary Trading Ltd. will be wound up. The company majority-owned by Chiquita Banana Company B.V. registered in the Netherlands, imported fruits, especially bananas...
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Lidl plans to enter Romanian market
Date: 2009-05-29 00:00:43
Discount food chain Lidl has advanced plans to enter the Romanian market and is currently scouting out potential store space, according to representatives of the company quoted by local newspaper...
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Consumer confidence in the United States is improving
Date: 2009-05-28 00:34:00
The confidence indicator of Conference Board's the leading market research group increased to 54.9 points in May after April’s 40.8 points. The prior expectation was only 42.3 points. By the...
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Liquidation of Herz Salami has been started
Date: 2009-05-28 00:32:00
The liquidation application against Herz Salami Ltd. became effective. It is begining of the liquidation of the 120 year old domestic company. The company's majority owner Jámbor János said, that...
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Save and invest rather than taking up loans
Date: 2009-05-28 00:25:00
The economic crisis did not change the financial habits of people, however changed the usage of financial products – states the study of GfK Hungária market Researc Institute. The financial...
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Bank guarantee program to help food processors
Date: 2009-05-28 00:21:00
The Food Industry Bank Guarantee Program of Hungarian Development Bank (MFB) provides a total of 37.5 billion HUF working capital loan for helping out the businesses. With the 90 percent...
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One of the big loser of the crisis is the meat industry
Date: 2009-05-28 00:12:00
According to the datas of Optem Company Information Service by mid-May, winding-up proceedings has been started against 73 animal husbandry, meat trading or meat-processing companies, so meat industry is the...
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Decreasing prices at Slovakian retailers
Date: 2009-05-28 00:03:00
After the chains in Slovakia are already advertised products that are cheaper than in Hungary, the Slovak retailers also began to decrease its prices. In the first quarter of 2009...
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Good news from France: In April private consumption has been increased
Date: 2009-05-28 00:01:00
Contrary to the analyst expectations the French private consumption increased by 0.7 percent in April. The consumption growth surprised analysts who previously predicted 0.3 percent decline. The growth in April...
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Record revenues for Ringier-group
Date: 2009-05-27 08:00:00
The Ringier group produced 5.3 percent growth in 2008, with revenues totalling CHF 1,536 million. Digital media accounting for 8.5 percent of total revenues achieved especially dynamic growth. Ringier Magyarország...
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Concentration decreasing in sales of ice tea
Date: 2009-05-27 08:00:00
Retail sales of ice tea were up by 3 percent in the April 2008-March 2009 period, exceeding HUF 14 billion, while sales in terms of quantity were down by 4...
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Less money in our pockets
Date: 2009-05-27 08:00:00
Gross average income was down by 1.5 percent in the first two months of 2009, compared to the same period in 2008. Real income was down by 4.3 percent. Average...
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(HU) Flora
Date: 2009-05-27 08:00:00
„Love your heart throughout your life because this is what drives you” – we want to encourage and inspire consumers to pay attention to cardiac health and also to adopt...
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New sales director for POS Media
Date: 2009-05-27 08:00:00
Nikolett Neff, former in-store sales manager was appointed sales director of POS Media Hungary in March. She has been working for POS media since June 2004. Her tasks will include...
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Stores can do a lot to boost sales of ice tea
Date: 2009-05-27 08:00:00
Experts are looking forward to this year’s ice tea season with cautious optimism in spite of the recession. The market of ice tea is still dominated by traditional lemon and...
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Baltic retailers in trouble
Date: 2009-05-27 08:00:00
According to an estimate by Eurostat, retail sales were down by 3.4 percent in the EU-27 countries in February compared to February 2008. Only Poland and Belgium produced growth, while...
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Győri Édes keksz
Date: 2009-05-27 08:00:00
It is made for the first time in Hungary, from 100 percent natural ingredients, without artificial additives, so that families can enjoy the well known sweet flavours. New brand value...
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Who is going to have the biggest slice?
Date: 2009-05-27 08:00:00
Postal service providers are going to fight hard for control of the under 50 gram segment from 2013. We want to take advantage of our exceptionally wide range of services...
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Regional differences in growth
Date: 2009-05-27 08:00:00
Rates of growth for sales of leading food categories in the April 2008-March 2009 period. Notes: 1. Sales of the 90 categories monitored by Nielsen showed average growth of 6...
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Lemon ice tea becoming even more popular
Date: 2009-05-27 08:00:00
According to the GfK Hungária ConsumerScan, growth of the ice tea market continued both in terms of quantity and value in the first quarter of 2009. The market was still...
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Waiting for the grilling season
Date: 2009-05-27 08:00:00
International trends in the poultry and garden product markets are monitored by AKI. According to analysts working for USDA, turkey production and consumption is expected to drop in 2009. In...
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Five candles
Date: 2009-05-27 08:00:00
Following the disappearance of borders five years ago, the flood of imported food came as a shock to the local food industry. Today, imported products account for nearly 30 percent...
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Hungarian salami under the protection of Brussels
Date: 2009-05-27 08:00:00
Budapest winter salami marketed under the Herz brand name in Hungary was granted protection by the competent EU commission in April. This decision has already generated new sales for the...
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