News and articles
This year, EU's grain production will decrease
Date: 2009-07-06 00:03:00
According to the new forecast of Coceral which is the Organisation of Producers, it is expected that 285.27 million tons of grain will be harvested this year in the European...
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The Ramsey restaurant chain's profit decreased by 87 percent
Date: 2009-07-06 00:02:00
In 2008 the profit of Gordon Ramsay's restaurants have been decreased by 87 percent. The denominator star chef and his business partner father-in-law, supported the company with a total of...
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Agriculture Ministers and the EU, believe that freshwater and pond fishing is the future
Date: 2009-07-06 00:01:00
Fishing is one of the most promising sector in agriculture. According to Ministers of the EU, freshwater and pond fishing has a greater option than sea fishing – said Gráf...
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Retail food sales increased in value, but decreased by volume
Date: 2009-07-03 00:24:00
According to Nielsen market research company, retail food sales increased by 5 percent betwen June 2008 and May 2009 compared to the same period of the previous year, while volume...
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Hungarian manufacturing industry continues to decline
Date: 2009-07-03 00:23:00
The seasonally adjusted volume of the Purchasing Manager Index (BMI) is 45.8 percent in June, which is 0.4 percentage points higher than the to 45.4 percent volume of May, but...
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Large beer and hamburger consumption on VOLT Fest
Date: 2009-07-03 00:22:00
One of the biggest festival of Hungary started on Wednesday in Sopron. This year, for the 17th time acceptable prices are expecting visitors. The beer is the most favourite product...
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Cafeteria – after the tax changes
Date: 2009-07-03 00:20:00
Cafeteria providers, will not migrate out of Hungary but the expected decline in revenues will force them to re-design their cost structure and services. According to Rajné Adamecz Ildikó, partner...
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Balaton is our favourite place
Date: 2009-07-03 00:17:00
Thirty-seven percent of the Hungarian population is planning a vacation this year.Three-fourth part of them will have a rest domestically, mostly at the Lake Balaton. Among the foreign destinations Croatia...
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The best investment agency of the regio
Date: 2009-07-03 00:12:00
The American investment magazine, Site Selection chose ITD Hungary, the Hungarian investment agency to the best investment agency in Eastern Europe. Budapest became the region's third most attractive investment location....
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French Restaurants Prepare for VAT Cut
Date: 2009-07-03 00:05:00
French restaurants prepared to cut prices on meals and soft drinks ahead of a new lower sales tax rate that comes into effect on Wednesday after years of lobbying European...
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Private radio in the Tesco – the first in the region
Date: 2009-07-03 00:03:00
Tesco last year around Christmas time has already been provisionally applied Mood Media's concept of a satellite radio and this year decided to finally shift in the general store background...
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Swiss chocolate is still popular
Date: 2009-07-03 00:02:00
Switzerland remains a major consumer of chocolate and chocolate-exporter The total turnover of Swiss chocolates increased by 9.3 percent, exports increased by 11 percent in 2008. According to Chocosuisse, which ...
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Coca-Cola opens two new plants in China
Date: 2009-07-03 00:01:00
Coca-Cola and its bottling partner, COFCO Coca-Cola Beverages Ltd., have opened two new bottling facilities in the less developed central and western parts of China. One of the bottling plants...
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Preferential loan to agricultural businesses
Date: 2009-07-02 00:24:00
Regulation of the Ministry of Agriculture allows institutions to help the agri businesses with preferential guarantees. At Garantiqa Loan Guarantee Ltd. applications have already been prepared for the reception. Discount...
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Economic index of GKI rises for two months
Date: 2009-07-02 00:23:00
After the stagnation of April and the fall of October 2008, the GKI Economy Research Institute's economic index increasing for two months. According to GKI Economy Research Institute; the prospects...
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Discount VAT for the hotels
Date: 2009-07-02 00:22:00
According to the communication of the Ministry of Finance, the VAT of accommodation services decreases to 18 percent but only after the VAT changes adopted on 29 June will enter...
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One million holiday vouchers in the first six months of 2009
Date: 2009-07-02 00:16:00
In the first half of the year employers purchased holiday vouchers for 33 billion HUF and one million people received them – stated Kiss Péter Minister of Social Policy on...
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So far, four billion – IT project of Coop reached mid-term
Date: 2009-07-02 00:12:00
The introduction of Coop food commercial network's integrated IT system reached its turning point. The newest store, which is the five-hundredth unit of the Co-op Star Ltd. had been attached...
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Hot meal vouchers – 25 percent tax is a partial success
Date: 2009-07-02 00:10:00
Food Voucher Distribution Association (EUFE) reckons as a partial succes that the Parliament instead of the nearly 100 percent tax, voted for a rate of 25 percent for the hot...
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Coca-Cola's new vending machine became festival winner
Date: 2009-07-02 00:06:00
A new interactive Coca-Cola vending machine with a large format touch-screen and Bluetooth capabilities has taken home the Gold Lion in the Point of Sale category at the 2009 Cannes...
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Tesco vs. Interspar
Date: 2009-07-02 00:04:00
Tesco reckons unfounded and misleading Blikk's Interspar advert relaesed on 26 June, which classified Tesco unethical, which states that Tesco's comparison of prices was unethical. Interspar alleged the slogan in...
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According to EU, the U.S. genetically modified corn is not harmfu
Date: 2009-07-02 00:02:00
The European Union's Food Safety Agency (EFSA), reaffirmed that the genetically modified MON 810 corn, banned in a number of EU countries is not harmful to human, animal health and...
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Carrefour expands in Romania
Date: 2009-07-02 00:01:00
Due to the changing market circumstances, the French retail chain, Carrefour expands its network of supermarkets in Romania while reposes a few of its hypermarket plans. The Carrefour has slowed...
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Arcandor in a mess
Date: 2009-07-01 08:00:00
Arcandor the owner of Karstadt which is one of Germany’s oldest chain of stores asked for bankruptcy protection. Prior to this, the German Government rejected Karstadt’s request for a 440...
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E-invoicing gradually adopted by modern retail
Date: 2009-07-01 08:00:00
According to estimates, electronic invoices have the potential to save EUR 5 for seller and EUR 20 for buyer on average in comparison with paper invoices. It is no wonder...
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To feel the atmosphere!
Date: 2009-07-01 08:00:00
Chefs from Villa Medici have recently attended a course held by Lea Linster. – This is an efficient way to develop – explains Judit Doktorits-Neubauer from Villa Medici. – We...
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Irish fed up with excesses produced by Celtic tiger
Date: 2009-07-01 08:00:00
According to an analysis about the local effects of recession by the Irish Nielsen subsidiary, Irish consumers have quickly turned their back on the excesses produced by the Celtic tiger...
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What you need to know about Mondi
Date: 2009-07-01 08:00:00
Mondi is a multinational manufacturer of paper and packaging materials with annual revenues of EUR 6,3 billion in 2007. Its activities are focused on Europe, Russia and South Africa. Mondi...
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Kubu for health competition ending
Date: 2009-07-01 08:00:00
The Kubu for health competition organised by Maspex Olympos Kft. for primary schools has ended successfully. The objective has been to promote the consumption of fruits, fruit juice and vegetables....
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Jászszentlászló team winning Nutrikid Olimpics
Date: 2009-07-01 08:00:00
The team of the Szent László primary school from Jásszentlászló has won the Nestlé Nutrikid Olimpia competition. One out of seven Hungarian primary schools participated in the competition held in...
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