News and articles
Poultry infected with Salmonella delivered to Romania
Date: 2007-07-16 00:00:00
Second time, in the last weeks delivered hungarian suppliers a salmonella defected poultry into Romania. The meat was found in a warehouse near to Arad. The salmonella infection is not...
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Tesco closes 14 stores after bomb hoaxes
Date: 2007-07-16 00:00:00
A number of Tesco stores around the country were closed over the weekend after a series of bomb hoaxes. Sources at the retail giant said the scare was part of...
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Coca-Cola processes because of Smear campaign trough internet
Date: 2007-07-16 00:00:00
Coca-Cola's Argentinian division accused a competitor there Thursday of waging a two-year smear campaign against Coke's Dasani bottled water. Coke said it filed a "criminal complaint" under Argentina's Unfair Trade...
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Shoppers warned against fake Sensodyne toothpaste
Date: 2007-07-16 00:00:00
FAKE toothpaste contaminated with a chemical used in anti-freeze has been seized by trading standards officers. Dozens of 50ml packets of fake Sensodyne Original and Sensodyne Mint have been taken...
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A higher VAT could save lifes in Britan
Date: 2007-07-13 00:00:00
A tax on fatty foods such as cakes and biscuits could prevent more than 3,000 premature deaths a year, a new study has shown. Researchers from Oxford University said extending...
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S&P downgrades Danone's credit rating
Date: 2007-07-13 00:00:00
Standard & Poor's announced today that it has lowered its credit ratings on French company Danone, based on the projected increased debt due its proposed acquisition of Numico. The agency lowered...
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Hungarian like biscuit
Date: 2007-07-13 00:00:00
The sales of sweet biscuits increase 13% last year in value and quanta too between June of 2006 and Mai of 2007. július 13. According to Nielsen datas the total...
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Hungarian are interested for innovations
Date: 2007-07-13 00:00:00
According to Szonda Ipsos's newest research, 60% of hungarian customer call for the new or renewed products. The permanent development is nowadays a key to survival, it's the only...
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The price level of cereals was still up by almost 30% yr/yr
Date: 2007-07-13 00:00:00
The KSH detected a 8.1% yr/yr increase in the January-May period, down from 9.8% in the first four months. Excluding fruits and vegetables, agricultural producer prices were up by 9.1%...
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Hungary's headline inflation rate ticked up to 8.6% year-on-year in June
Date: 2007-07-13 00:00:00
The Central Statistical Office (KSH) said the core inflation – which strips away volatile fuel and food prices – also climbed, coming in at 5. 9% compared to 5. 7%...
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After succesfull starts in Romania and Croatia Fornetti opens a new bakery in Bulgaria
Date: 2007-07-13 00:00:00
Hungarian bakery chain, Fornetti, opened its first exhibition bakery in Bulgaria last week and added four additional stores since then. The company also plans to complete the construction of a...
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Nestle plans to raise prices, cut costs
Date: 2007-07-13 00:00:00
The group would work to cut some product lines that appear less profitable in the light of higher commodity prices, but none of the 27 blockbuster brands that generate over...
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Two weeks controll – HUF29million penalty
Date: 2007-07-12 00:00:00
In foodsafety action, operating since 25 June, 1909 control were made. The restaurant, pubs and cafes have to pay HUF 25million fine because of essential quality problems, and HUF3,2million locale...
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Happy 25 th anniversity for Diet coke
Date: 2007-07-12 00:00:00
World's #1 Diet Sparkling Beverage Celebrates a Quarter-Century of Refreshing the World with Great Tas. Twenty-five years ago, Diet Coke burst onto the scene and forever changed the beverage landscape....
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Managing Directors can be employed again in Hungary
Date: 2007-07-12 00:00:00
From 1 September 2007 it will be allowed again for executive officers (especially Managing Directors) in Hungary to establish an employment relationship with the company. Consequently, the provisions of the...
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Cargill to acquire full ownership of Hungary's Agrograin
Date: 2007-07-12 00:00:00
Cargill, a US-based international provider of food, agricultural and risk management products and services, has begun the process of acquiring full ownership of Agrograin. The leading grain and oilseeds trading...
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Works council call on Sarkozy to protect “Source Perrier”
Date: 2007-07-12 00:00:00
The Source Perrier works council has called on French President, Nicolas Sarkozy, to intervene to prevent any move by Nestlé to transfer production of the sparkling mineral water away from...
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Budvar see sales boost in H1
Date: 2007-07-12 00:00:00
Budejovicky Budvar has sold 11% more beer in H1 than last year, according to reports. According to the Czech Brewing and Malting Association, Budvar's H1 results were nearly four times...
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Unilever unveils cholesterol-lowering drink
Date: 2007-07-12 00:00:00
The new launched dairy drink containing plant sterols targeting consumers looking to reduce their cholesterol. The Promise activ SuperShots, will be available in three flavours in grocery stores and supermarket...
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Louis Delhaize to buy
Date: 2007-07-11 00:00:00
The European Commission has announced it has cleared Belgian retailer group, Louis Delhaize SA's proposed acquisition of Hungarian hypermarket retailer, Magyar Hipermarket Kft. Louis Delhaize is a privately owned company,...
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Unisys Hungary – one year doubled staff
Date: 2007-07-11 00:00:00
The Hungarian arm of the Unisys Corporation, a worldwide information technology (IT) services and solutions company, is to nearly double its staff at its services centre in Budapest. Unisys...
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Holiday cheques: good to get, good to recive
Date: 2007-07-11 00:00:00
The popularity of Holiday Cheques is on the increase since HUF 18.5 billion worth of Cheques have been sold in the first six months of 2007, compared to HUF 14...
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Danone to buy Numico
Date: 2007-07-11 00:00:00
French food group Danone has offered to buy Dutch baby food manufacturer Numico with a surprise bid of more than 12 billion euros. Numico is the world's second largest manufacturer...
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New directors at HPS
Date: 2007-07-11 00:00:00
After 16 years FMCG experience arrived Miklos Ostermayer at HPS Group. The new director of sales divison starts with a fresh outsourcing leader called Tamas Korody. In his new...
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Hungarians increasingly opt for domestic products
Date: 2007-07-11 00:00:00
Over the recent years, Hungarians have been increasingly buying domestic products because they realised this helps domestic companies and Hungarian goods are generally of good value. A recent survey by...
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The tourism enterprises are optimictic
Date: 2007-07-11 00:00:00
The index measuring the confidence of Hungary's biggest tourism enterprises stood at 46,5 in June, up 10 points from last December- according to Ecostat's latest survey. The index of the...
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In front of Europark Neo Center to build
Date: 2007-07-11 00:00:00
The London based Chayton Capital LLP will invest HUF 15 billion on building a mall, a sportcenter and an office building in Budapest, on the corner of Ulloi and Hatar...
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Drugs outside of pharmacy, not only at gas station, but in hypermarkets too
Date: 2007-07-10 00:00:00
From July the customer can buy OTC medicines at two Tesco stores. The retail chain's two hypermarkets, in Budaörs and in the XX. District, started to sell OTC drugs....
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Activities in the black economy generated more than HUF 4,000 billion income
Date: 2007-07-10 00:00:00
Last years Hungarian GDP was HUF 23,560 billion, from this 17-18 % could be generated in the black economy. Hungary is to step up tax rigour in a bid to...
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InBev sells off Belgian and Dutch assets
Date: 2007-07-10 00:00:00
Brewing combine InBev has announced that it is selling certain retail estate assets in the Netherlands and Belgium to Belgian property group Cofinimmo. The brewer said it had entered...
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