News and articles
Hamburger tax to come
Date: 2011-02-16 17:00:30
The government introduces the “hamburger tax” – stressed Cséfalvay Zoltán Secretary of State of the Ministry of National Economy to Hír TV. He did not tell yet which products will...
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The increase in prices slowed in January
Date: 2011-02-16 12:57:50
After a long time, inflation caused a positive surprise, slowing down in January. Consumer prices were 4 percent higher, compared to the first month of 2010 – reports the Central...
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World Bank: global food prices threaten the political and social stability
Date: 2011-02-16 12:41:35
According to Robert Zoellick, leader of the World Bank; global food prices reached a “dangerous level” and this would complicate the already fragile political and social relations in the Middle...
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Flat PIT: need time to increase consumption
Date: 2011-02-16 12:40:44
Flat personal income tax (PIT) system can encourage consumption only in the medium and long terms – states RSM DTM Hungary. In the statement of the tax and business advisory...
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Three-storey shopping center will be opened on the Blaha Lujza Square
Date: 2011-02-16 12:10:46
The Europeum Shopping center with a 5300 square meters of rentable area opens in mid-April – said Lovro Adrienn, Hungarian Executive of the developer Ablon Group at a Wednesday press...
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U.S. retail sales growth expansion under expectations
Date: 2011-02-16 12:07:06
The U.S. retail sales growth showed a less than expected increase, mainly due to the declining demand for building materials and the weaker traffic of the restaurants beside the winter...
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Heineken performed well, the but not on the Hungarian Market
Date: 2011-02-16 12:05:32
The world's third-largest brewing group the Dutch Heineken, reported a 1.436 billion euros after-tax profit for the last year, 37 percent more than the 1.018 billion of 2009. The company’s...
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The recipe of Coca-Cola has been found?
Date: 2011-02-16 12:01:27
The editors of the ”This American Life” American radio program claim that they found the recipe of Coca-Cola, referring to a newspaper article, that was published in Atlanta in 1979...
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The baths will also be given stars
Date: 2011-02-16 12:00:52
Similar to the domestic hotels, the spas, baths, swimming pools will also be classified in a new trade mark system, which system’s developing has arrived to its last phase –...
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SIÓ works with Cluso
Date: 2011-02-16 11:14:45
After having closed last year's strategic section in the autumn, SIÓ-ECKES has launched a creative tender. THe competition had two turns with four agencies competing, and in the end, Cluso...
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New position at SIÓ-ECKES
Date: 2011-02-16 06:48:15
PR-consultant of Sió-Eckes György Nagy received new tasks starting from 1st February 2011, within the compass of a central, international project, directly assigned by Eckes-Granini Group. Besides being in charge...
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Győr Spring Festival launched again
Date: 2011-02-16 06:39:32
Every spring, there is a huge festival in Győr, called the Spring Festival of Győr. This event has been open to guests for 15 years. This year, the festival will...
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The Hungarian economy expanded by 1.2 percent last year
Date: 2011-02-15 16:54:19
Contrary to the preliminary estimate of the expected 1.7 to 1.8 percent, Hungarian economy expanded by 2 percent in the last three months of last year. The annual increase was...
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Problems were found at nearly half of the honey inspections
Date: 2011-02-15 16:45:13
In Hungary, the authorities found problems at nearly half of the honey inspections. The honeys containing antibiotics and the fake honeys are a serious problem. Only seventeen percent of the...
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A need for a 30 percent increase in pig consumer prices
Date: 2011-02-15 13:16:34
While in the past 5 years the combined average inflation exceeded 30 percent, the retail price of pork has increased just 10 percent. Now that feed-prices have seen a sudden...
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New CEO at Unilever Hungary
Date: 2011-02-15 13:13:49
Starting from the beginning of 2011, the new CEO of Unilever's Central-European group is Moti Keren. The new leader follows Herman Verstraeten in the velvet chair of the Budapest region....
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IT development goes on at Coop
Date: 2011-02-15 13:10:57
A new, reconstructed and improved Coop opened its gates to customers in Vatta, Hungary. The Borsod-Abaúj-Zemplén county based outlet is the 800. to join Coop's integrated IT-system. The process of...
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Increasing Danone profits rising prices
Date: 2011-02-15 12:26:31
Danone expects raw material price increases this year. The world's largest yogurt producer would like to offset the effect, with the reducing of costs and with the raising of consumer...
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Szentkirályi is still a market-leading mineral water
Date: 2011-02-15 12:26:02
Szentkirályi Mineral Water is still a market-leading berand, in spite of the decline experienced on the market. In spite of all obstacles, Szentkirályi realized a 5.35 billion HUF turnover last...
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FMCG round table discussion about up-to date legal issues
Date: 2011-02-15 12:05:55
PwC and Réti, Antall és Társai Ügyvédi Iroda Pricewaterhouse Coopers Legal is doing a round-table discussion for participants of the FMCG-sector on 22nd February 2011. The title of the event...
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The coffee market players prepare for price increase
Date: 2011-02-15 12:05:24
The largest German coffee roaster, the Tchibo wants to raise its prices by 50 cents in the end of February. This step would increase coffee prices with nearly ten percent....
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SPAR will not construct a new meat plant, because of the crisis-tax
Date: 2011-02-15 12:01:56
The building of the second meat plant was removed from the schedule, due to the introduction of the crisis-tax, though the plant of Bicske transports Hungarian pork to the Czech...
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BASF is optimistic about the future
Date: 2011-02-15 12:01:46
Vincent Gros, leader of BASF's Agrodivision Europe Group is optimistic when it comes to the future of agriculture. The company's annual conference took place in the Millenáris Park, in the...
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The villányi Serena is Europe's best white wine
Date: 2011-02-15 12:01:24
The Decanter magazine has chosen the Villányi as Europe's best white wine. Like all great wines, the Serena was also born in mind – stresses Malatinszky Csaba, winemaker. The grape...
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According to a denouncement the trade-union members of Tesco were observed
Date: 2011-02-15 12:00:18
The leaders and members of Tesco’s Independent Trade Union of Workers were observed – can be read in the denouncement, which was carried out against unknown perpetrator for the abuse...
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McDonald's may pay an enormous compensation
Date: 2011-02-15 11:59:25
A Chicago woman has filed a 600 thousand USD lawsuit against McDonald's because she suffered painful and permanent injuries, after she bit into a McChicken, that contained broken glasses. Vjolla...
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Cartel suspicions: German food retail giants under inspection
Date: 2011-02-15 08:02:19
The German Federal Cartel Office investigates whether the German food retail giants abuse with their dominant position. The buying practices of Aldi, Edeka, Rewe, Lidl and Metro against the small...
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The price increase of agricultural products was led by grain and vegetables, potatoes and fruits
Date: 2011-02-14 12:52:40
The level of agricultural output prices in December 2010 was 29.0 percent higher than a year aerlier – reports the Central Statistical Office (KSH). In particular, the price level of...
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Hamburger tax: a few per cent price increase can drastically discourage the consumption of the product
Date: 2011-02-14 12:16:54
Many countries have imposed special taxes on junk food – told Lőcsei Tamás, Partner of PricewaterhouseCoopers to Inforádió, on the similar plans of the Hungarian government. Lőcsei Tamás stressed that...
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Fifteen thousand visitors at the Craft Hungarian Taste Fair
Date: 2011-02-14 12:15:05
Fifteen thousand people visited the Craft Hungarian Taste Fair (Kézműves Magyar Ízek Vására) at the Budapest Millenáris. During the three days, around 100 million HUF worth masterpieces of the Hungarian...
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