News and articles
The economic index of GKI improves for the third month
Date: 2009-07-24 00:24:00
The seasonal adjusted volume of the GKI economy index increases since three months. Accordding to a the survey of GKI Economic Research Company with the support of the European Union...
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One million people received holiday checks this year
Date: 2009-07-24 00:23:00
In the first six months of 2009 one million workers, and close relatives, received holiday pay check, with a total value of 33 billion HUF. This is about 30 percent...
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The European Parliament does not agree with the Commission in the case of milk
Date: 2009-07-24 00:22:00
The European Parliament strongly criticized the European Commission, due to the insufficient action list of the dairy crisis. The majority of Specialists believe that the increase of milk quotas caused...
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British retail sector performed well
Date: 2009-07-24 00:21:00
In June, the British retail datas increased by 1.2 percent, three times bigger than expected. The annual growth was 2.9 percent (2.2 percent had been forecasted). The development of the...
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Two prestigious awards for Henkel
Date: 2009-07-24 00:18:00
Henkel has won four consecutive years, in the competition of the world's most competitive companies. The company received a Platinum award for its annual report and won gold for an...
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The hundredth Spar supermarket converted from Plus store has opened
Date: 2009-07-24 00:09:00
The SPAR Hungary Ltd. took over a year ago, the 174 businesses of the Plus network. In January 2009 the transformating of Plus stores into Spar supermarkets has been started....
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Balaton hosts are more disciplined than last year
Date: 2009-07-24 00:07:00
According to the mid-term experiences of „Heat wave” 2 control action, the discipline of the hosts have significantly improved. The number of irregularities decreased by 33 percent. During the coordinated...
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One purchaser is out of competition for Borsodi Brewery
Date: 2009-07-24 00:04:00
The venture capital ace could not obtain sufficient credit, and therefore got out of the competition of purchasing the Hungarian Borsodi Brewery. According to Bloomberg’s information; KKR has withdrawn from...
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Lake Velence – tourist bait auction
Date: 2009-07-24 00:02:00
The Bál-Na Production Ltd. started an online auction to boost the guest traffic of the lake. On the auction one can bid for the products and services offered by thecompanies...
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Fruit juice production – as a family business
Date: 2009-07-24 00:01:00
In the last period, the fruit processors operating as small family businesses have been multiplied. The increasing unemployment and the extremely low fruit price also play an important role in...
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Food prices remained high in the poor countries
Date: 2009-07-23 00:25:00
According to an UN report; food prices will never return to the level of two years ago, before the price explosion. Prices will increase in the developed countries, with the...
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Trademark on Hungarian wheat
Date: 2009-07-23 00:21:00
The National Association of Cereal Growers (GOSZ) created a trademark called Pannon Wheat that the producers could sell their extra quality wheat at good price on the markets, especially abroad....
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Cafeteria which is a special tool of motivation still worth it
Date: 2009-07-23 00:18:00
According to the communique of Nexon; although tax will be charged to the fringe benefits, it will be worth to the companies from 2010-to avail themselves of these opportunities. The...
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World trade expanded last year despite the crisis
Date: 2009-07-23 00:15:00
Global Merchandise export increased by 15 percent nominally and in real terms by 20 percent to 15.78 billion USD, while services increased by 11 percent to $ 3.73 billion USD...
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SZÖVET producer action in Budapest
Date: 2009-07-23 00:11:00
The producers of the Association for the Living Tisza (SZÖVET) waiting their costumers at five locations in Budapest, in particular with peach, plum, apples, cherries, tomatoes, potatoes, and apricot. The...
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Eight products of Tortellino Ltd. can be marketed again
Date: 2009-07-23 00:10:00
The Pest County MGSZH and the Food Chain Safety and Animal Health Directorate in the cases of 8 products lifted the block. Thirteen products of Tortellino Ltd. were blocked 30th...
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Innovating summer at Szentkirályi
Date: 2009-07-23 00:06:00
In the summer of 2009 Szentkirályi Mineral Water Ltd., introduced several novelties at a number of products to be better suited to consumer needs. At flavored waters a new flavor...
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Lots of British pubs closed due to the crisis
Date: 2009-07-23 00:04:00
An average of 52 UK pubs close every week because of the crisis. Last year, a total of 24 thousand people lost their jobs due to closure of pubs. In...
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The market share of Tesco fell a bit, while others grow
Date: 2009-07-23 00:02:00
Tesco could not able to maintain its earlier market share in the British grocery market in the last three months, but the reduction was only one-tenth, so after the previous...
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Burgenland earmarks 2.5 million euros for tourism programs
Date: 2009-07-23 00:01:00
The provincial government of Burgenland (Őrvidék) neighboring with Hungary has approved a plan for for six tourism program. From the amount, market work will be strengthened and infrastructure investment funds...
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MFB is still lending – with positive changes
Date: 2009-07-22 00:24:00
The Hungarian Development Bank (MFB) has changed the financing of agricultural enterprises in three points. So far, more than 400 businesses get 19 billion HUF credit which was enough to...
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Tihany legend – 820 million HUF development can be realized
Date: 2009-07-22 00:21:00
The local government has been cherished “Tihany Legend” tourism development project for years now. The project become a reality with a 600 million HUF EU support. The project aims to...
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Brussels is not willing to reduce the milk quota
Date: 2009-07-22 00:20:00
Milk quotas will not be reduced and the freezing of the gradual quota increase, decided last year – states the European Commission's report, which leaked to several news agencies before...
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LEI index: recession can end in the United States
Date: 2009-07-22 00:19:00
The composite index of U.S. economic indicators (leading indicators), increased by 0.7 percent in June, which is higher than the expected 0.5 percent. It is the third consecutive month, that...
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Hotel development slows down in the region
Date: 2009-07-22 00:18:00
Two new hotels will open its gates in Budapest; the Expo Congress Hotel in Kőbánya and the Eurostars Hotel located at the First Site complex. However, not much can be...
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Another fusion in the Coop Group
Date: 2009-07-22 00:12:00
The Economic Competition Authority (GVH) accepted that the food-group Nyírzem Ltd., – which is part of the Coop group will obtain 60 percent share in the Mezőkövesd Zrt. According to...
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Henkel stepped onto a better position on the list of the world's largest companies
Date: 2009-07-22 00:06:00
Henkel improved 20 places to the 448th place on the 500 list of american Fortune magazine in the rankings of the companies with the largest turnover, furthermore the first time...
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Lots of students at McDonald's
Date: 2009-07-22 00:04:00
This year summer work for students is ten times oversubscribed at McDonald's. The jobs have run out in a few days. Until mid-summer 3500 person tried to get a seasonally...
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The British Competition Authority against supermarket dominance
Date: 2009-07-22 00:03:00
The British Competition Authority embraced the initiative, which would prevent the small local food markets against the domination of of large chains of stores. According to the Competition Authority; approximately...
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Carrefour to open 100 convenience stores in Malaysia
Date: 2009-07-22 00:01:00
Carrefour has announced its intentions to open 100 convenience stores in Malaysia, focusing particularly on the company’s private-label brands, according to Malaysia Food and Drink Report. This is a significant...
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