News and articles
Online coupons are becoming more and more popular
Date: 2011-05-04 12:15:09
It is the heyday of online coupons, which are getting more and more popular among the customers. It is true, that in relation to the total retail turnover, this type...
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Five thousand forints can be the amount of the compulsory chamber membership fee
Date: 2011-05-04 10:10:57
According to the plans; the annual membership fee of economic chambers will be 5000 HUF. This will likely to reduce the businesses' revulsion against the compulsory membership. Although previously it...
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Only 50 remained from the 350 small-scale breweries
Date: 2011-05-04 10:08:29
The owners of the small breweries are waiting for government support in ored to increase the offer of the small brewers, beside the wide range of mass produced commercial beers....
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Further decline in German beer consumption
Date: 2011-05-04 10:04:22
Further decline occurred in in German beer consumption in the first three months of the year. According to the datas of the German statistical office; consumption decreased by 2 percent...
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POPAI Global annual meeting
Date: 2011-05-04 09:49:04
On 3 March 2011 POPAI Global held a meeting in Krefeld for the board of directors, where 30 colleagues from 14 member organisations convened. The newly formed POPAI Arabia, which...
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Shoplifters under surveillance
Date: 2011-04-29 17:27:28
International statistics say that in one year store theft causes damage that equals 1.2-1.5 percent of sales. 41 percent of store theft is performed by external thieves, 36 percent is...
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The Ministry of Rural Development would reduce Hungary's vulnerability on the food market
Date: 2011-04-29 14:06:20
Hungary's vulnerability on the food market must be reduced. The key would be self-sufficiency – said Czerván György, secretary of state of the Rural Development Ministry, responsible for agri-management on...
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Magyar Cukor Zrt. will spend 7 billion HUF on development
Date: 2011-04-29 13:38:11
Magyar Cukor Zrt. will spend 7 billion HUF on development in the forthcoming years – said Hájos László, the company's Deputy CEO in Tihany, on Friday. Hájos László told that...
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Premises are also important for online merchants
Date: 2011-04-29 13:29:01
Despite the increase in online sales the personal purchasing in shops remained an essential part of retail trade – shows the latest report of CB Richard Ellis (CBRE) real estate...
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The regulation of mobile stores may be stricter
Date: 2011-04-29 13:06:32
Increasing competition occurred between the convenience stores and mobile stores, due to the crisis. A regulation under construction would significantly make their operation more difficult. According to sources; the plans...
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Far East and Russia are increasingly important to Pick
Date: 2011-04-29 13:03:20
Pick Szeged Zrt. indefinitely postponed the planned 30 billion HUF greenfield investment. However, increases pig breeding and exports. According to the company; the future is in the bit more expensive...
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Further decline in the German retail sales
Date: 2011-04-29 13:01:50
Contrary to expectations, retail sales volume decreased in March in Germany. This was the second monthly decline in a row. Expectations were about a 0.2 percent expansion, while a 2.1...
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Coop-help to children with special needs
Date: 2011-04-29 12:28:13
Coop Aid Foundation is supporting the catering program of 6400 children with special needs, all over the country. The first gifts were passed on to the Children's home in Kmety...
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Tchibo almost doubled its pre-tax profit in 2010
Date: 2011-04-29 12:19:07
Tchibo's pre-tax profit almost doubled last year, thanks to the restructuring program. The German coffee distributor group reached 288 million euros pre-tax profit, after previous year's 148 million. Revenue increased...
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Budapest's greatest gastronomy event relocated to the Castle of Buda
Date: 2011-04-29 11:34:33
One of the greatest gastronomical event of Budapest is going to open its gates on 5th to 8th May at a new venue. The Spring Spiritfestival will re-locate from Városháza...
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Free online presence even for small businesses
Date: 2011-04-29 09:36:33
More and more small businesses open up for the possibility of strong online presence: since February, more than 5 thousand companies have signed up for the program titled Cégem (My...
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Imre Kaló and the philosophy of wine
Date: 2011-04-29 09:25:37
The book-series titled The Philosophy of Wine published by Jaffa, are aiming to introduce a famous Hungarian winegrower. While reading about their life, world view, ars poetica and trade, readers...
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CBA will sell Pál Schmitt's wine
Date: 2011-04-29 08:38:40
This week, president Pál Schmitt chose the white-, red. and desert wine to bear the title wine of the President of the Republic of Hungary. The jury of experts chose...
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The companies object the compulsory chamber membership
Date: 2011-04-28 13:55:32
The companies do not agree with the compulsory chamber membership. Among them, the companies that have no membership are strongly opposing to the introduction of the measure, while members of...
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Asia on the way to Europe – new usiness relations in Hungary
Date: 2011-04-28 13:33:17
The new conference is going to take place on 10th May 2011 in BUdapest, at the theatre room of the Ministry of Rural Development. The major focus of the event...
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We pay by credit card mostly in hypermarkets
Date: 2011-04-28 13:05:07
The expansion of electronic payment continues among the Hungarian card holders, More and more people use their bank card for shopping regularly, and the share of foreign payments, and internet...
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The Festival of Balaton Wines will be organized with the participation of 33 wineries
Date: 2011-04-28 12:58:34
The Festival of Balaton wines will be held in Budapest on Erzsébet square between the 29th of April and the 1st of May – communicates the organizers. The event presents...
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Prince William's wedding may bring half a billion pounds revenues for UK retailers
Date: 2011-04-28 12:54:52
According to the forecasts of the experts; British retail can expect more than half a billion pounds extra revenue from the wedding-related consumption. British Prince William – the eldest son...
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Unilever increased its sales by seven percent
Date: 2011-04-28 12:48:33
British-Dutch Unilever's good first-quarter results are due to the turnover increase occurred primarily in the emerging markets: its sales grew by 7 percent worldwide compared to a year earlier to...
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McDonald's opens 700 new restaurants in China until 2013
Date: 2011-04-28 12:48:05
McDonald's would increase the number of its Chinese restaurants to two thousand. The company, which recently overtaken by the Subway fast food chain in the competition for the world's biggest...
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Procter and Gamble: 20 billion revenues in the first quarter
Date: 2011-04-28 12:40:28
Procter & Gamble reported 20 billion USD revenues and 0.96 per share result today in its first quarter flash report. The report did not cause any great surprise to the...
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New educational program at Cora
Date: 2011-04-28 12:22:29
Cora has launched a new educational program for its employees in November 2010 in its outlets in Budakalász, Fót and Szeged. The program is supported by the European Union with...
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No buyer found for the assets of the former Egervin
Date: 2011-04-28 12:18:11
The tender for the total assets of the former Egervin, now known as Integrált Borgazdaság Zrt. ended in failure again. Szűcs Zoltán, regional manager of the liquidating company, the Ratis...
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The world’s biggest companies joined forces (part 2)
Date: 2011-04-28 10:41:10
The Consumer Goods Forum (CGF) unites 400 leading retailers, manufacturers and service providers and in the previous issue of Trade magazine we started discussing their 70-page report, Future Value Chain...
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Intervitis Vienna: 30 percent increase
Date: 2011-04-28 08:53:38
Intervitis Vienna's 2011 results are beyond expectations: a 30 percent increase, nearly 7300 visitors, 40 of them coming from broad. “Even though 2010 was a weak year for wine-growers due...
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