News and articles
KSH: unemployment decreased to 11 percent
Date: 2011-06-29 13:25:26
According to the Central Statistiical Office (KSH): the unemployment rate declined in Hungary with a further 0.4 percentage points to 11 percent, in the March-May, and the number of employees...
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Nomura: Tesco can overtake regional rivals
Date: 2011-06-29 13:20:02
The Japanese investment bank Nomura, focused on Tesco's regional markets in its most recent analysis. It is estimated that the company's market share in the Hungarian, Czech, Slovak and Polish...
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The rich Chinese province will debut in Budapest
Date: 2011-06-29 13:10:40
The CBTC (China Brand Trade Center) opens in Budapest on the 29th of June 2011 with Zhejiang Branded Products exhibition and with Business Forum. The CBTC offers the opportunity for...
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Full house at the Volt Festival in Sopron
Date: 2011-06-29 13:02:57
On June 28 the special train departed, that will deliver the guests of the Volt Festival every day until Sunday. It is the first time in the history of the...
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Meal vouchers against wage reduction
Date: 2011-06-29 12:55:31
According to the Meal Voucher Distributor Association (EUFE); the net reduction in wages until 2014 can be compensated with smaller employers burden with meal vouchers – reports MTI. Bessenyey Bálint,...
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The fourth tender may bring in a former purchaser of Egervin
Date: 2011-06-29 12:53:23
The fourth tender of the liquidator the Ratis Ltd. on the assets of the former Egervin now the Egri Integrált Borgazdaság Zrt. ended. This time evaluated bids were also received....
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2013 can be a turning year for the Praktiker
Date: 2011-06-29 12:52:39
Praktiker had a 31.8 billion net revenue in the 2010 business year in Hungary. The DIY chain considers 2013 as the year of turning point and preparing for the post-crisis...
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Consumers are optimistic in Europe's largest economy
Date: 2011-06-29 12:50:52
German consumer confidence improved in July. The predicted July index became 5.7 points, after the 5.6 points of June. The increase on an annual basis is particularly significant: in last...
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CID income and customer index list for 2010
Date: 2011-06-29 11:20:04
CID Cég-Info Kft. has been publishing its fact-based list of income- and customer index for marketing purposes since 1998. Here is last year's list: CID list 2010...
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International FMCG-tradeshows
Date: 2011-06-29 10:46:35
EME organises a wide range of trade exhibitions and consumer events with supporting conferences, special feature areas and additional attractions for both exhibitors and visitors. It operates in a wide...
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Judit Lippai at Wonderduck
Date: 2011-06-29 09:32:26
Judit Lippai is the new senior account manager of Wonderduck Agency, the expert used to work at Metropol before. She is starting her responsdibilities in July, now that Zsuzsanna Bonyhádi...
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PROFEL material to be downloaded
Date: 2011-06-29 09:08:53
The material of April 29th Brussels-based PROFEL can be downloaded here: PROFEL 2011...
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Both consumer confidence and propensity to buy increase
Date: 2011-06-28 18:30:52
Confidence Index, the Consumer Expectations Index and the Propensity to Buy Index have increased in the 2nd quarter of 2011. Slightly fewer people expect unemployment to grow, and inflationary expectations...
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An MP of Fidesz would exempt cocoa powder from the chips-tax
Date: 2011-06-28 13:35:42
A law amendment would remove the cocoa powder from the public health product tax. According to the law amendment of Koncz Ferenc (Fidesz); cocoa powder would not fallen under the...
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More and more retailers bankrupt
Date: 2011-06-28 13:20:05
3.3 percent of the domestic retail companies were closed last year, far more than in the other sectors. In the first part of 2010 and 2011 the number of bankruptcies...
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From Friday an EU regulation will make pizza and cake more expensive
Date: 2011-06-28 13:18:08
From the 1st of July a 25 percent VAT should be charged in restaurants after cakes and pizzas – published the tax authority for the request of Pénzcentrum.hu. If someone...
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Hungary can be China's Central European Gate
Date: 2011-06-28 13:15:53
Hungary can gain a prominent place in Central Europe, if the country will become China's central European logistics and trading center. Due to the Hungarian-Chinese agreements signed during the weekend,...
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Parliamentary committee set up to examine the privatization of the sugar industry
Date: 2011-06-28 13:10:40
The parliament set up a committee on Monday, in order to examine the privatization of the sugar factories. The proposal of Font Sándor, Ivanics Ferenc és Sebestyén Lászó was adopted...
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The government ordered the development strategy of the hospitality sector
Date: 2011-06-28 12:50:06
The government gives time to the national economy minister until the end of the year, to develop a proposal over a new fringe benefit, that can be easily identified and...
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Naturalma program for organic apple-growing
Date: 2011-06-28 12:40:51
The Naturalma program promotes disease resistant dessert apple varieties in Hungary. For those who plants apples suitable for organic production it is not required to switch to organic farming, but...
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The Chinese hypermarket giant plans a huge capital injection
Date: 2011-06-28 12:35:51
The Sun Art Chinese hypermarket chain prepares for a 1.1 billion USD primary share issue in Hong Kong. The dominant owner of the company is the French Auchan. The Shanghai-based...
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The city center of Komárom renewed from one billion HUF
Date: 2011-06-28 12:10:36
The renovation of Komárom's city center and the Jókai cinema completed, from 840 million HUF EU fundings. The more than one billion HUF investment was handed over on Tuesday. During...
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Health care businesses need more consciousness
Date: 2011-06-28 11:31:27
1st July is the day of Hungarian health care – thus it is an excellent opportunity to take a closer look at the way this sector keeps changing. THe main...
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A Stable Agricultural Market is in the Interests of the EU and Hungary
Date: 2011-06-28 11:17:13
Stable agricultural markets and predictable prices are in the interests of both the EU and Hungary – said Minister for Rural Development Sándor Fazekas, summarising the discussions held during the...
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Fressnapf is one of the most successful brands of the year
Date: 2011-06-28 10:45:25
Fressnapf and RTL TV series “Gute Zeiten schlechte Zeiten” (GZSZ) have won a bronze “Co-Brands Award” for their last year’s joint campaign “Mach dein Tier zum TV-Star” (make your pet...
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Gourmet dishes is the fast food restaurant
Date: 2011-06-28 09:20:06
The “McGourmet” dinner program first started in 2004, when McDonald's Brazil invited journalists, nutritionists and other lucky guests to an elaborate dinner party featuring a menu of gourmet dishes created...
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The public health product taxes would be applied on five product groups
Date: 2011-06-27 16:40:12
According to the proposal, that was submitted to the parliament on Friday by two MPs of Fidesz; the so-called hamburger tax would be applied on five product groups. After she...
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Chocolate prices may increase by 20 percent this summer
Date: 2011-06-27 16:10:19
After the price increase of sugar, the chocolate will soon be a luxury item. Within a few weeks we have to pay more for candies. Hungarians last year consumed 60...
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So far only five countries can export vegetables to the Russian market, Hungary is not among them
Date: 2011-06-27 13:30:20
The Russian authorities permits the restarting of vegetable exports for five countries. Hungary is not among these countries yet. The Russian consumer rights supervision can permit the restarting of vegetable...
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The Ministry of Rural Development considers banning of some unhealthy food products
Date: 2011-06-27 13:10:47
Some unhealthy foods would be banned from the Hungarian market and their sale would be pushed back with economic tools – said Ángyán József, State Secretary of the Ministry of...
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