News and articles
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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Triple beer taxes in Russia
Date: 2009-09-29 00:00:22
Next year, tax on beer will be the threefold of the current level. Consumption tax will increase to 9 rubles per liter (about 55 HUF) in Russia – announced Alexei...
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Energy drink consumption increased spectacularly in Hungary
Date: 2009-09-28 00:05:55
According to Nielsen market research company; retail sales of energy drink increased by 24 percent, between the 2008 September and 2009 August period, exceeding 11 billion HUF. Because of the...
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Ministry of Finance would correct the spoilt of the cafeteria-regulation
Date: 2009-09-28 00:04:25
The government has to correct its tax proposal, voted summer 2009. Under the current rules not 25, but 58 percent would afflict the fringe benefits. In the case of the...
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The companies of the region do not expect recovery
Date: 2009-09-28 00:03:45
Deloitte prepared its first regional economic sentiment survey. In the summer 190 heads of large companies were asked about the prospects of the next 6-12 months. Hungary, Romania, Poland, Croatia,...
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Salient optimism at the Germans
Date: 2009-09-28 00:03:00
According to the GfK market research institute on the basis of the October survey, the GfK consumer confidence index produced the highest value of the last 16 months in Germany....
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Unilever would buy Sara Lee’s cosmetics business
Date: 2009-09-28 00:02:35
The 1.275 billion euros transaction is waiting for the approval of the European trade unions and the authorities. Unilever can not be disclosed the concrete steps of the merger, until...
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This year’s grape harvest worth a little
Date: 2009-09-28 00:02:00
Midway through the harvest, it can be seen, that the yield will be less than the expected 3.5 million hektoliters, because of the hot summer. But despite the fewer amount...
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The most ethical supermarkets
Date: 2009-09-28 00:01:30
According to the criterias of the Association of Conscious Consumers, most ethical brands among the food chains are Reál and G'Roby, although these companies has only an average ethical and...
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Revenue increase is expected from Tesco in the second quarter
Date: 2009-09-28 00:01:08
Nomura’s analyst expects a 9 percent growth, from the quarterly report of Tesco, thus the recommendation to purchase shares of Tesco has confirmed. According to the analyst; Tesco's revenues will...
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Nespresso expands in Saturn Mammut
Date: 2009-09-28 00:00:51
The Nespresso continues its expansion started in June 2008, in the commercial units. It will open its first special outlet in Eastern Europe, with about a 20 square meters base...
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