News and articles
Pepsi is not commenting the attempt of Kraft Food
Date: 2009-10-02 00:00:30
Indra Nooyi the CEO of PepsiCo Inc. said that the company is “very disciplined” approach to the acquisitions and did not see the point, in several large acquisitions. The Chief...
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GKI: Hungarians are more optimistic than in last November
Date: 2009-10-01 00:05:00
GKI’s economic index improves for five month in September. The index summarizing the results of the survey is somewhat higher than the value in November last year. However, within the...
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Simpler licensing procedure in trade
Date: 2009-10-01 00:04:00
Due to the result of the June 2009 amendment of the Trade Act; the opening of a business will be more simple. The dealer can choose the form of trading...
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KSH: last year Hungary's GDP has increased, due to agriculture
Date: 2009-10-01 00:03:59
According to the Central Statistical Office (KSH); Hungary’s gross domestic product (GDP) was 26 543 billion HUF in 2008. This – calculated at constant prices – is a 0.6 percent...
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Danone sells its túrórudi plant in Marcali
Date: 2009-10-01 00:03:00
Danone Ltd. sells its túrórudi plant in Marcali, to the Csányi Sándor owned Sole-Mizo Ltd. Concrete decision is expected in November, when the negotiations and official procedures are completed, including...
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Business tourism decreased
Date: 2009-10-01 00:02:55
A significant part of the companies saves on different conferences, congresses and events, because of the crisis. The hotel and event centers experienced a 15-40 percent drop in corporate events...
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Agrármarketing Centrum will be presents at the autumn festivals
Date: 2009-10-01 00:02:00
Beside foreign presence, autumn exhibitions of Agrármarketing Centrum continues. A number of national events will be held in the autumn. The International Egg Festival will be held in the center...
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Gene manipulated bread from Canada
Date: 2009-10-01 00:01:25
Gene manipulated foods, containing not yet approved linseed in the European Union, has transported into many EU member states, from Canada – announced the European Commission in Brussels. It is...
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The bank of Auchan got a new name
Date: 2009-10-01 00:01:00
From 1st October 2009 the Accord Hungary Ltd. – in accordance with the strategy and ambitions of the parent company Banque Accord owned by Auchan supermarket chain – continues its...
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The vinery of the 2005 winner was locked
Date: 2009-10-01 00:00:45
The Wine Qualifying Directorate locked the vinery of Vincze Béla, who was chosen as the winemaker of the year in 2005, for thirty days, because glycerol was found in the...
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MPF Holding is the new owner of the Barcs factory of Henkel
Date: 2009-10-01 00:00:30
The construction chemicals manufacturing plant, will become the property of MPF Holding from 1st October 2009. The new owner will continue to operate the factory and will get new orders...
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The Competition Authority (GVH) proposes new product food law
Date: 2009-09-30 00:05:12
President László Sólyom sent back the new product food law for consideration to the Parliament. According to news releases; new legislation will be made, therefore, the Competition Authority (GVH) made...
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Széchenyi Card: 700-billion loan outplacement
Date: 2009-09-30 00:04:15
The Széchenyi Card (SZK)became even more attractive during the crisis. Although the number of requests has increased significantly, the allocations are not, because the strict bank filter. So far, overall,...
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Eurozone’s confidence index reached its annual peak
Date: 2009-09-30 00:03:25
The euro-zone business confidence index, rose to its 12-month peak in September, to 82.8 points, from the 80.8 points of August. The increase may indicate that the region's economy can...
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Economic Competition Authority investigates retail chains again
Date: 2009-09-30 00:02:50
The Competition Authority launched a re-investigation at several chains of stores, to make sure whether they have complied their previous commitments The Economic Competition Authority among other things, investigated the...
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EU agriculture support: 12 million euros “return to the sender”
Date: 2009-09-30 00:02:25
According to the European Commission’s decision; Due to monitoring and recording deficiencies Hungary has to pay back 12 million euros. The government asks for installments. The farmers do not have...
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Hungarian version of Google Maps is operating
Date: 2009-09-30 00:02:00
From tuesday morning the Google Térkép knows what the Google Maps: displays the shops, hotels, restaurants, and one can upload ones business information free of charge. The map is deeply...
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The sale of agricultural products, has been frozen
Date: 2009-09-30 00:01:25
The market of agri products is stagnating, purchasing price is very low. The situation is similar to the case of fruits. The farmers have no money, even for fertilizer. A...
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The Bulgarian subsidiary of Dunapack expanding despite the crisis
Date: 2009-09-30 00:01:00
The Bulgarian subsidiary of the leading Hungarian paper packaging manufacturer the Dunapack, performing well despite the crisis. This year, expecting an about 2 million leva result, after last year's 608...
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So far, only one company got food bank guarantee
Date: 2009-09-30 00:00:45
The Hungarian Development Bank approved only one application in the course of the program, that was made to help out viable food companies, that are only in trouble because of...
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The first Hungarian Product Grand Prix hotel
Date: 2009-09-30 00:00:30
The NaturMed Hotel Carbona of Hévíz used to win the “Best Spa Hotel” title every year since 2004, won this year’s Hungarian Product Grand Prix. The NaturMed Hotel Carbona of...
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The retail purchasing power is higher in the western region
Date: 2009-09-29 00:03:59
According to the survey of GfK Hungária Market Research Institute; in the general and retail purchasing power ranking, Budapest is in the first place and Tiszabő of Jász-Nagykun-Szolnok County is...
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Hungarians have huge account debts, but showing a decreasing tendency
Date: 2009-09-29 00:03:12
According to the data of the domestic financial supervision, the Hungarian households bank overdrafts decreased, compared to the end of 2008, exceeding 325 billion HUF, in July this year. The...
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Product fee can be terminated from 2010
Date: 2009-09-29 00:02:55
According to the plans of the Ministry of Environment, the shops wouldn’t be burdened by the product fee, imposed on packagings and environmental fee should also be paid, after the...
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Gráf does not wait for the EU
Date: 2009-09-29 00:02:30
The Hungarian agriculture government fed up with the inefficiency of the EU and brings forward the payment of the dairy farmers and even provide further assistance. This, can meant 22-24...
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Auchan: Internet innovation on the website
Date: 2009-09-29 00:02:00
After one and a half years of successful operation, Auchan Hungary Ltd.’s company website, the www.auchan.hu got new form and content. The new website would desire to keep up with...
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The EU would tighten the rules on invoicing
Date: 2009-09-29 00:01:35
The European Union plans the tightening of the rule system of invoices, that would be mandatory to all member states. The changes would standardize the rules of 27 EU Member...
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Kraft Foods prepares for hostile step
Date: 2009-09-29 00:01:00
Kraft Foods is preparing to make a hostile takeover bid for British Cadbury confectionery manufacturer. According to City sources, the world's second largest food giant, the Kraft Foods offer would...
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Hungarians do not visit Slovakia
Date: 2009-09-29 00:01:00
There is a lack of Hungarian tourists in the Slovak hotels. According to the datas of the Slovakian Statistical Office; the number of Hungarian tourists decreased by almost 40 percent,...
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China launches anti-dumping process due to the U.S. chicken imports
Date: 2009-09-29 00:00:40
China initiate proceedings against anti-dumping and not allowed subsidies in the case of U.S. imported chicken meat – announced Chinese Ministry of Commerce. The United States is China's largest chicken...
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