News and articles

Zwack reported about declining revenues

Zwack’s revenues and net profit decreased in the first quarter. The domestic net sales revenue decreased by 8.5 percent to 2 billion 426 million HUF, while the IFRS decreased by...

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Hungarikum Festival will be held in Szeged again

Those who will visit the Hungarikum Festival can meet with quality Hungarian food products with traditional arts and crafts products. The festival starts on Thursday and takes place at the...

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The Fonterra dairy company apologized to the Chinese consumers

The CEO of the New Zealand-based Fonterra dairy company apologized to the Chinese consumers, because the company shipped contaminated products to China – the Chinese local media reported on Monday....

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DHL moves to Budapest Airport Business Park

DHL Global Forwarding, Freight, the air and ocean freight specialist within Deutsche Post DHL and one of the leading providers of road freight services in Europe, will move to the...

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METRO GROUP substantially strengthens its financial foundation despite tough trading conditions

METRO GROUP succeeded in further strengthening its financial foundation in the first half of 2013 despite consumer sentiment remaining weak across Europe. The Düsseldorf-based retailer was able to again significantly...

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Downtown hotel is under construction in Szekszárd

With the close to 700 million HUF investment a 44-seat downtown hotel is under construction in Szekszárd. The foundation stone of the facility was placed on Tuesday in the Tolna...

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Foodtruck in a new role

Airport cellphone waiting areas are starting to look like fast-food drive-ins. A number of airports are allowing food trucks to set up shop in or near cellphone lots where people...

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Magazine: Sauces from behind the bars

Every enterprise has to face difficulties sometimes – but the producer of JailHouseFire hot sauces is really special: their products are made in a Florida penitentiary, in 3 varieties. Distributors...

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KSH: the growth of retail sales stopped in June

After the growth of the last two months, the volume of retail sales fell in June, compared to a year earlier. According to the calendar-adjusted datas, turnover was 0.4 percent...

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GKI: waiting for growth

Following last year’s decline, stagnation or GDP growth up to 0.5 per cent can be expected in 2013. This is primarily due to the fact that this year the weather...

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Analysts: retail sales in June became weaker than expected

According to analysts surveyed by MTI, contrary to the growth expectations, retail sales fell in June. According to the datas of the Central Statistics Office (KSH) released on Monday, after...

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Bread will not be cheaper

In roughly two weeks it will turn out if the price of bread will change after the new wheat harvest – Septe József, the president of the Hungarian Baker’s Association...

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Decline in retail sales in the EU and in the euro zone

Retail sales decreased by 0.5 percent in the euro zone and by 0.3 percent in the whole European Union in June, compared with the previous month – Eurostat announced on...

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More EU support to the beekeepers

The second cycle of the Hungarian National Beekeeping Program began two years ago may end succesfully. The third phase – starts in September and lasts until 2016 – can be...

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The EU authorities seized 1 billion euros worth counterfeit goods last year

The customs authorities of the EU member states seized 1 billion euros worth (300 billion HUF) counterfeit goods last year mostly from China. According to the annual report of the...

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Magazine: How many sips?

We already know that the British are capable of taking extreme measures with health protection in mind, just think of the complete ban on smoking in bars and restaurants. Now...

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The scent of chocolate makes people want to buy romance novels

The scent of chocolate in a bookshop makes people want to buy romance novels, it seems, but has much less of an effect on the sale of other book categories...

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A bakery in Shanghai cannot use drones to deliver its products to the customers

Authorities have banned a Shanghai bakery from offering delivery services using remote-controlled aircraft due to public safety concerns, reports the website of the Hong Kong-based Ta Kung Pao. The bakery,...

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About our wines overseas

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The Sziget Festival starts today

The accomodiations in Budapest are filled with the guests of the Sziget Festival. The festival visitors are continuously arriving to the Hungarian capital.. Three separate trains arrived from the Netherlands...

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Loud beats endanger Swedish nightclub fish

A Gothenburg nightclub has been told to turn down the music after authorities found the club's pet fish were suffering from the noise. When the County Administrative Board (Länsstyrelsen) checked...

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Flaming hell: Could you take on the world’s hottest sandwich?

The ‘flaming hell’ sandwich measures 2.3million on the Scoville chilli heat scale – higher than pepper spray. It also comes slathered in a sauce made from two of the world’s...

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KSH: foreign trade surplus increased by 246 million euros in the first five months of the year

The export, calculated in euros in January-May increased by 1.8 percent, while imports by 1.1 percent, compared to a year earlier. The first five monthly trade surplus was 3.098 billion...

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Harvest soon to be finished

Most of the farmers have finished the harvest of barley and wheat. The exact datas for the national yields are not yet ready. According to the datas of the Market...

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Most of the Hungarian grapes will finish as wine

Harvest is coming within weeks. According to experts, this year’s yield will be better than average on the that the total area of 60 thousand hectares of vines. It is...

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French wine strength measurements: the Spaniards are lagging behind the U.S. won new positions

The FranceAgriMer (National Office of Agricultural Products) examines the strengths and weaknesses of the wine sector in 15 countries since 1998. On the basis of the FranceAgriMer’s competitive factor, based...

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Magazine: Optimistic mood at ECR Europe’s conference (part 1)

ECR Europe’s 17th annual conference was organised in cooperation with EuroCommerce and took place on 14-15 May in Brusssels. The optimistic title ‘The Future is Bright’ was reflected in the...

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SPAR promoted the excellent Hungarian melon with tasting actions

The SPAR Magyarország Kft. promoted the consumption of the Hungarian melon with tasting actions on 1 and 2 August in 79 stores of the company. During the first 10 days...

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Procter & Gamble creates one hundred and fifty new jobs in Gyöngyös

Papp Kitti, Procter & Gamble’s Central European Financial Officer and Szijjártó Péter, the Prime Minister's Secretary of State for Foreign Affairs and Foreign Economic Relations announced today that the Procter...

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The “Prepare for the School” action has started in the Tesco stores

The school year only starts on 2 September, but it is worth to buy the school supplies, notebooks, pens and other accessories even now. The school equipments are already available...

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