News and articles
GKI composite confidence index rises
Date: 2011-01-24 12:11:19
GKI's combined gauge of business and consumer confidence measured -6.3 points in January after -7.6 points in December, GKI announced. The seasonally adjusted index has not been this high since...
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Agricultural Office fines hard
Date: 2011-01-24 12:10:56
The Agricultural Office (MgSzH) has imposed a total of 342.5 million HUF fines again on department stores, mostly because of the violation of the prohibition of selling below the purchase...
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Agrármarketing Centrum: food safety is a top priority
Date: 2011-01-24 12:07:38
In the past few weeks, plenty of press conferences appeared linked to poisoning, inappropriate, low quality food appearing on the shelves of various EU-members. Food-safety in Hungary is rather strict,...
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Foreign wines are mixed and marketed as Hungarian wines
Date: 2011-01-24 12:00:22
Thirty percent less grapes were grown in the Balatonboglár wine region last The market it still flooded with cheap, poor-quality foreign wines. Moreover some of these wines are mixed and...
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Cluster helps the rural tourism in Southern Transdanubia
Date: 2011-01-24 11:59:59
The recently formed Southern Transdanubia Rural Tourism Cluster, would like to help the rural accomodiations in their market access, training and upgrading of their services in Baranya, Somogy and Tolna...
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Profit increase at McDonald's
Date: 2011-01-24 11:59:48
In the last three months of 2010, McDonald's profit was 1.24 billion dollars, 1.16 dollars per share, compared to the previous year's 1.22 billion dollars and 1.1 dollars per share...
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Products from PET bottles
Date: 2011-01-24 11:59:29
The Budafilter 94 Kft. is building a plant producing strapping tape and granules from PET bottles in Mezőfa, Fejér County. The cornerstone of the approximately 300 million HUF development was...
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The price of cocoa reached its annual peak
Date: 2011-01-24 11:53:08
The price of cocoa has increased to its annual peak in the New York commodity exchange, to 3.34 USD per tonne, which is a 4 percent increase. Alassane Ouattara, the...
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The German minister urges the food chains to open petrol stations
Date: 2011-01-24 11:10:55
Rainer Brüderle, the German Minister of Economic Affairs encourages the discount food chains, such as Aldi and Lidl to open petrol stations. The Minister expects greater competition and lower prices,...
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Restaurant in the clouds
Date: 2011-01-24 11:07:24
The world's highest-functioning restaurant has been opened in the highest building of the world, in the Burj Caliph in Dubai. The restaurant is on the 122nd floor of the skyscraper...
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Furmint for February – a wine event coming up
Date: 2011-01-24 10:07:50
It's the second time the wine-event Furmint Február takes place, initiated by civils to introduce and promote as many furmint-made wines as possible throughout February. Several restaurants take part in...
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Hungarian Flavours' Fair in February – an event
Date: 2011-01-24 10:03:31
Culinary products of almost one hundred Hungarian master craftsmen will be introduced between the 11th and the 13th of February 2011 in the B Pavilion of the Millenáris, where the...
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METRO conference and customer academy 2011
Date: 2011-01-24 09:39:12
Nearly 130 FMCG-companies meet with the employees of METRO within the three days of the METRO Customer Academy, in order to discuss possibilities of co-operation in the long run. The...
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Meat controls do not mean a ban on imports
Date: 2011-01-21 20:34:41
According to a study of a German institute; the dioxin contamination was due to the improper storage of used frying fats for biodiesel production. The Hungarian Meat Association protested against...
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ECB flags risks of inflation, food prices rise
Date: 2011-01-21 12:47:58
The European Central Bank warned that commodity and food prices could push euro-zone inflation higher, the latest sign of concern from officials about the buildup of price pressures in the...
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The mangalica sector defies against the crisis
Date: 2011-01-21 12:06:37
The Hungarian mangalica breeders were managed to maintain the Hungarian mangalica breding on the same level, compared to the previous year, despite the difficult economic conditions. Last year, the Hungarian...
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Ipsos – the emerging countries trust more in economic upturn than the more advanced countries
Date: 2011-01-21 12:02:30
The inhabitants of the emerging countries are much more optimistic, over the economic upturn than the citizens of the more advanced countries – shows the survey of Ipsos. According to...
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The Hangya Cooperation calls for stronger import controls
Date: 2011-01-21 12:01:41
According to the views of the Hangya Cooperation; increasing controls are justifiable in the field of food imports, to protect consumer safety and the domestic producers. The organization points out,...
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New packaging invented to prevent food spoilage
Date: 2011-01-21 12:00:22
Scientists are reporting development and successful lab tests of “killer paper,” a material intended for use as a new food packaging material that helps preserve foods by fighting the bacteria...
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Company executives preparing for sales expansion
Date: 2011-01-21 11:58:16
Top-level executives expect intensifying competition, volatile and unpredictable markets, shrinking margins and the increasing of the importance of innovation – shows the study of the Ernst & Young, entitled “Competition...
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Gastronomic Fair on the Millenáris
Date: 2011-01-21 11:52:50
Culinary products of almost one hundred Hungarian master craftsmen will be introduced between the 11th and the 13th of February 2011 in the B Pavilion of the Millenáris, where the...
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Uniform rights for all European customers!
Date: 2011-01-21 11:51:55
Paolo Martinelli, the President of the civil Consumer Protection Organisation (BEUC) of the European Union and Morvay György, President of the National Consumer Protection Organisation (OFE), gave BEUC’s Union consumers...
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Best Airline of 2010
Date: 2011-01-21 11:50:17
Lufthansa received the 2010 “Best Airline”award on the annual voting of the bi-monthly published “The Traveler” magazine. The Hungarian professional newspaper carried out a survey among the readers and the...
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Electro World may be forced to close stores
Date: 2011-01-21 11:20:14
Electro World may close even three stores from the existing thirteen – reports Világgazdaság. The network has tens of millions debts. According to Polgár Csaba, the CEO of the company;...
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Hotel made of trash provokes the visitors of the Madrid Tourist Fair
Date: 2011-01-21 11:14:53
The hotel is made entirely of garbage. The construction materials of the Garbage Beach Hotel was not entirely taken from the garbage dumps, one third was collected from beaches, and...
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New shop to promote Tokaj-related items
Date: 2011-01-21 10:33:44
Typical local products are going to be sold at the new shop in Tokaj which is about to open it gates in mid-February – turizmus.com announced. The shop mainly serves...
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Tesco moving on to beauty industry instead of groceries
Date: 2011-01-21 10:16:59
Not content with having the lion’s share of the groceries market, Tesco now want a piece of the beauty pie with plans to open 70 new beauty salons across the...
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Top ten restaurants of Hungary
Date: 2011-01-21 09:25:44
Restaurant Chateau Visz located in Somogy county won 2010's Gösser-Bock-Dining Guide Award. Here are the top ten restaurants of Hungary in 2010: Chateu Visz, Alabárdos, Aranyszarvas, Babel Delicate, Bock Bisztró,...
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New Széchenyi Plan: nearly two billion HUF to apply this year
Date: 2011-01-20 12:43:44
Until March, the Ministry of National Development (NFM) tenders 1,100 billion HUF European Union tenders in the scope of the New Széchenyi Plan, and then in the rest of the...
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Demján expects the growth of employment from the SMEs
Date: 2011-01-20 12:42:21
The Hungarian small and medium-sized enterprises need credit and capital – said Demján Sándor, Executive Chairman of the National Association of Entrepreneurs and Employers (VOSZ). The employment growth can be...
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