News and articles
Grain production to increase
Date: 2007-07-05 00:00:00
The rapid growth of the world's biofuel industry is likely to keep farm commodity prices at high levels in the next decade as it will boost demand for grains, oilseeds...
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Chinese quality supervisors have a lot of work
Date: 2007-07-05 00:00:00
China said one-fifth of its consumer products don't meet government safety and quality standards. China, the world's biggest exporter of consumer products, faces pressure to improve safety standards as its...
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Only the owner will change for Hungarian Biscuits plants
Date: 2007-07-05 00:00:00
The French food company announced that it has entered exclusive talks to sell its biscuit division to Kraft in a transaction valued at $7.2 billion. This move will allow Kraft...
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Hungarian fmcg's quilification – average
Date: 2007-07-04 00:00:00
International Service Chek – a mystery shopping company- made a survey in 7 CEE country + Russia about retail services. 60 cities, 61 retail chain, 160 test shops – from...
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Tentacles of Food Express
Date: 2007-07-04 00:00:00
The biggest hungarian food home delivery company plans expansion with a vocational investor. Food Express wants to open in two directions: in west service is planned for Germany and Austria,...
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€100 million retail investment in two Romanian cities
Date: 2007-07-04 00:00:00
Each project will take up an area of 8-10 hectares and will be finalized in 2010. A mall of around 50,000 square meters to include extensive leisure areas, in...
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Politicians against shopping on Sunday
Date: 2007-07-04 00:00:00
„Give Sunday back to the people!” – said the hungarian Christian Democrat Party. The party in the opposition wants that the multinational companies would have a profit less day, it...
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Food Nutrition Labels are Puzzle
Date: 2007-07-04 00:00:00
In a study of educated adults — 75 percent had at least a high school education — most had trouble understanding everyday food nutrition labels. Dietitians aren't surprised, since...
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Flare at Coca-Cola HBC plant in Luka
Date: 2007-07-04 00:00:00
The upgrades at the Luka plant enable Coca-Cola HBC to produce 30,000 bottles an hour. Greek Bottler Coca-Cola HBC (CCHBC) has invested 14.8 mln eur for a new bottled...
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Renewing 4-star hotel in Harkány
Date: 2007-07-04 00:00:00
The Hotel Dráva Thermal Resort is scheduled to open in Harkány in November. The hotel, being built with the upgrading of an existing hotel, is located next to the thermal...
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Unified property tax from 2008, major tax reform starts in 2009
Date: 2007-07-04 00:00:00
Hungary will implement some simpler modifications to its tax regime as of January 2008 and major adjustments to the system that require wide-scale preparations are to enter into force as...
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Credit from the Drugstore – German method set an example
Date: 2007-07-03 00:00:00
The personal bank services are important in Germany, but this time the place of the credit application is not a branch bank, but a coffee house or a drugstore. Most...
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Sale and lease back
Date: 2007-07-03 00:00:00
European commercial property sales and leasebacks are set to grow to about 30 billion euros a year as firms seek to unlock the value of real estate on their balance...
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Reorganization at Food Express
Date: 2007-07-03 00:00:00
There is a hard competition between home delivery food services. Because of the cheap price of small companies, the biggest, Food Express has to make restrictions. A few years ago...
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Tesco moves into the buoyant UK property market
Date: 2007-07-03 00:00:00
Sellers will be able to list their homes on a Tesco website for a one-off fee of about £200.Last year, rival supermarket Asda provided touch-screen terminals with details of properties...
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One month – 1300 checks – HUF 91 million penalties
Date: 2007-07-03 00:00:00
For authorities controlled in June together, the Hungarian Tax and Financial Control Administration, the Consumer Protection Agency, the Hungarian Labor Inspectorate and the Hungarian Customs and Finance Guard. Missing bills,...
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No more biscuit at Danone
Date: 2007-07-03 00:00:00
The French Danone – owner of Gyõri Keksz – is thinking about a potential sale of its biscuit business to Kraft or Kellog, its US rivals. Danone's management was expected...
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Year of M&A
Date: 2007-07-02 00:00:00
According to Reuters global M&A activity is on target for a record year after a first-half surge. An increase in cross-border corporate mergers helped Europe push past the United States...
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Gaining deeper customer insight is the key to gaining a competitive edge in the retail
Date: 2007-07-02 00:00:00
Loyalty cards give retailers a better guide to customer preferences study finds."Customer loyalty is based on the extent to which merchants connect with customers' interests, values and needs," said Nigel...
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Hungary's external and internal balances improved in the first four months
Date: 2007-07-02 00:00:00
Hungary's Central Statistics Office (KSH) has revised that the cumulated trade gap at the end of the first quarter was EUR 442.4 m, down from prelim EUR 463.9 m and...
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Price of household goods decreased, food prices increased
Date: 2007-07-02 00:00:00
Domestic sales prices rose by 0.4% in May 2007 compared to the previous month, and by 7.8%compared to May 2006. The export sales prices expressed in HUF were higher by...
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Italy wins in „cheese war”?
Date: 2007-07-02 00:00:00
It sets up a thrilling finale when the full Court of Justice will rule later this year on whether “Parmesan” can be made only by northern Italians or by any...
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20 Bauhaus unit in the next years
Date: 2007-07-02 00:00:00
Germany's do-it-yourself chain, Bauhaus, will debut in October in Dunakeszi.Bauhaus will open two further stores this year, one in Dunakeszi and another in Szigetszentmiklós, which will be followed by 18...
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Own brand confectionery grows across European markets
Date: 2007-07-02 00:00:00
European confectionery private label market share is continuing to grow strongly, according the latest statistics by Neilsen for the Private Label Market Association. Results indicate that the retailer brand market...
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Decrease in Budapest but increase in Szabolcs
Date: 2007-07-02 00:00:00
The interim biennial purchasing power index compiled by GfK Hungária shows that well-performing counties are stagnating or dropped back slightly. Since 2000 there was a permanent growing in the capital,...
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European Food Safety got well
Date: 2007-06-29 00:00:00
Alert System for Food and Feed (RASFF) which shows that notifications on risks to food safety fell by 5% in 2006 compared to 2005.This is the first time since the...
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Business confidence of big Hungarian companies improve in June
Date: 2007-06-29 00:00:00
The index gauging the confidence of Hungary's largest corporations stood at 58 points in June, up 4 points from May and at a six-year high, indicating outstanding optimism, Ecostat, the...
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M.E.G.A. group is played into the hands of Ukrainian
Date: 2007-06-29 00:00:00
The ownership change was made in Februar, after the re-labeling scandals, but the Registry Court has enroled now the two new owner from Ukraine. The M.E.G.A. Group, with five firme,...
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Food safety fine for Lidl
Date: 2007-06-29 00:00:00
One of Lidl's polish eiscream had to be get out of the circulation and must be annuled, because the production was not safe enough, and the eiscream could be tainted....
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