The excise tax increase may appear in consumer prices

The excise tax increase may appear in consumer prices
Date: 2011-09-08 13:10:24

According to traders; the government's intention to increase taxes is moderate, but the increase in excise duty willentirety appear in consumer prices. It is excluded that the trade could swallow...

The majority owner of the Magyar Cukor Zrt. prepares for price increase
Date: 2011-09-08 12:40:03

The Austrian Agrana group, which is the majority owner of the Magyar Cukor Zrt. is expected to increase sugar prices by more than 20 percent from October – told Johann...

Takeover of mill boosts PannonMill's capacity to 300 thousand tons
Date: 2011-09-08 12:31:43

Milling company PannonMill's takeover of operations at a mill in Baja is going to raise its market share from 20% to 25-26%, chairman-CEO Zoltán Poór pointed out within the compass...

Central European Top 500: The consumer goods manufacturers and trading companies are among the losers
Date: 2011-09-08 12:31:07

The Deloitte compiled the Top 500 list of the Central European companies. Mol holds its 2nd position with its 15,530 million euros net income of last year, while Audi Hungária...

New senior consultant at Interim Management Resourcing
Date: 2011-09-08 11:57:41

As of September 1 st 2011 dr. András Köves joined the team of Interim Management Resourcing Kft ,as senior consultant. Köves will bring in 30 years of sales and marketing...

Nestlé won the Stockholm Water Prize
Date: 2011-09-08 11:20:50

Nestlé is the winner of the 2011 Stockholm Water Prize. The prestigious prize was handed over in the scope of the World Water Week held in the end of August....

Eu’Vend+Coffeena opened its gates in Cologne
Date: 2011-09-08 11:14:40

Eu'Vend isl be held in Cologne for the fifth time from 8th to 10th September. We have remained true to our philosophy, retaining tried and tested elements while at the...

Nielsen receives Business Superbrand Award
Date: 2011-09-08 11:01:03

Market research company Nielsen was awarded a Business Superbrands award by Superbrands this year. “It is a very valuable feedback about the brand Nielsen. We appreciate the decision of the...

More support for the restructuring of vineyards
Date: 2011-09-08 10:31:20

Farmers receive about 12 billion forints in the next two years, for the restructuring of vineyards – the Ministry of Rural Development (VM) has informed MTI. For community-financed program for...

Motre than thirty wineries at the Szekszárd Vintage Days
Date: 2011-09-08 10:25:43

More than thirty wineries from the Szekszárd and Tolna region are going to present their wines within the compass of the 7th Vintage Days of Szekszárd, from 15th to 18th...

Fruit prices go up in Slovakia
Date: 2011-09-08 09:02:46

According to initital estimates, high-quality fruit will get 10-30 percent more expensive in Slovakia – daily Új Szó from Bratislava pointed out this week. Apple-crop is expected to be about...

Hungary's competitiveness improved four places
Date: 2011-09-07 13:20:38

Hungary stands on the 48th place from last year's 52nd place in the global competitiveness ranking of the World Economic Forum (WEF) in 2011 – announced Palócz Éva, CEO of...

Industrial production growth may be six percent this year
Date: 2011-09-07 13:00:35

Both the external and internal demand fell, so the industrial production increase in July was better than expected, but analysts polled by MTI expect a 6 percent annual growth. In...

One sow per one small farm
Date: 2011-09-07 12:41:59

The government's pork sector strategy is based on the doubling of the pig population. The first step of the strategy is to increase the domestic pig stocks with 800 thousand...

Visa: The driving back of cash use would help the fight against underground economy
Date: 2011-09-07 12:40:57

According to the study of Visa Europe; the size of the European shadow economy can be 2,100 billion euros, which is an average 20 percent of the GDP in the...

The European Court of Justice protects the GM-free honey
Date: 2011-09-07 12:40:03

The European Court of Justice on Tuesday strenghtened the right of the beekeepers and consumers to GM-polluted free honey. The Court decided that for the distribution of honey containing pollution...

University classrooms sponsored by Tesco in Pécs
Date: 2011-09-07 12:39:08

On Monday afternoon, the newly furnished classroom of the Faculty of Economics of the University of Pécs was handed over. The Tesco Stores Ltd. has become the sponsor of the...

The EU liberalization can benefit the Hungarian haelth tourism
Date: 2011-09-07 12:30:10

The union will liberalize the health services of the members countries in 2013, so the patients in any EU country will be able to claim the same charge as their...

New tender for the expansion of the Castle Bath of Gyula
Date: 2011-09-07 11:55:22

The city of Gyula issued a new procurement procedure for the development of the Castle Bath majority-owned by the town of Gyula, because the last offer of the previous tender...

NIVEA supports children in need
Date: 2011-09-07 11:34:54

NIVEA, celebrating its 100th birthday, has always been fond of family values – Thomas Lichtblau, CEO of Beiersdorf Ltd. pointed out within the compass of a press conference on 7th...

SPAR and Budavári Wine Festival are celebrating their 20th birthday
Date: 2011-09-07 11:10:33

Budavári Wine Festival is celebrating its 20th anniversary, just like its main sponsor SPAR. The festival has opened its gates on 7th to 11th September, with 200 exhibitors....

Magazine: A supermarket chain sits on top of the retail ranking
Date: 2011-09-07 10:51:32

With its 47-million inhabitants, Spain’s population is the fifth highest in Europe. Although the economy showed signs of improvement after the recession, the level of unemployment was still above 20...

Home pálinka distillation: the rented distilerries are the winners
Date: 2011-09-07 10:20:35

From September 2010 it is legal to produce a small amount of pálinka at home. The idea of the Fidesz received plenty of professional and political criticism. The associations and...

Wine-tasting for the blind before Budavári
Date: 2011-09-07 09:27:27

A professional series of presentations were otganized by 20. Budavári Wine Festival for the blind to be able to test wine in a professional manner. On Monday and Tuesday, before...

Coca-Cola sport festival was a success
Date: 2011-09-07 08:04:35

Thousand visitors took part in the 13th Coca-Cola Body Awakening sport program for women. The event was organized at Millenáris Park, where a number of sports could be tested free...

Vegetables already stepped on the brake
Date: 2011-09-06 23:45:47

In June 2011 the average consumer price dropped by 0.2 percent from the previous month; compared with June 2010 it was up 3.5 percent. The pensioner consumer price index was...

May growth creates new hope
Date: 2011-09-06 23:44:28

In May 2011 the volume of retail expanded by 0.7 percent – reports KSH. Domestic retail network and mail order companies generated sales of HUF 646 billion in May. 45...

Wages increased moderately
Date: 2011-09-06 23:42:49

2,667,000 people were employed at enterprises employing a minimum of 5 people, at budgetary institutions and at observed non-profit organisations in January-May 2011. In the same period gross average wages...

Inflation in Hungary: higher then the EU average
Date: 2011-09-06 23:31:40

In May 2011 consumer prices were 3.2 percent higher on average in the EU-27, compared to prices in May 2010. After the 2.8 percent in April, in May the rate...

Prices in the food industry climbed 10 percent
Date: 2011-09-06 23:22:25

Domestic sales prices in the food industry were up 0.3 percent from the previous month in May 2011 and if we compare them with May 2010 we can see a...

Oldal

/ 2900

The excise tax increase may appear in consumer prices