Company and Personal News
Lidl enters the Serbian market
Lidl Srbija has opened its first logistics centre – built from EUR 55 million – in Nova Pazova. The first Lidl discount supermarket will also open this year and 15...
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Kellogg’s to leave Venezuela
Kellogg’s has decided to quit the Venezuelan market due to the deepening economic recession. Kellogg’s isn’t the first multinational company to take this step, as a strict price freeze policy...
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Tesco UK to ban non-recyclable plastic packaging
Tesco UK has informed suppliers that from 2019 they will only sell products in recyclable plastic packaging. PVC, polystyrene, PLA and water soluble organic plastic packagings will all be banned....
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Spar enters the Maltese market
Spar International has teamed up with the local Azzopardi Group to open its first supermarket in Marsaxlokk. Spar Malta plans to open 3 more shops this year and altogether 23...
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Croatian grocery chain Studenac bought by Polish company
Polish Enterprise Fund VIII has acquired a 100-percent share in grocery store chain Studenac In 2017 Studenac operated 384 stores in Croatia with sales above EUR 200 million. FMCG sales...
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Walmart strengthens positions in India
For USD 16 billion Walmart is going to buy 77 percent of the shares in Indian online shop Flipkart. This is Walmart’s biggest investment abroad so far. They are competing...
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Food delivery market gets livelier in Romania
Several market players have entered the Romanian food delivery market recently. Uber Eats started in mid-May in Bucharest. A week later Spanish application Glovo followed. Back in early March Carrefour...
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Amazon makes a beauty move in Brazil
Amazon has started talks with Brazilian beauty industry giants Grupo Boticario and Natura Cosmeticos SA – the company would like to sell their products on its platform. Sales in the...
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Starbucks’ plans in China
Starbucks has revealed plans of doubling the number of coffeehouses in China and tripling revenues in the next 5 years. By 2022 Starbucks would like to operate 6,600 cafés in China....
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Shopify to open first brick-and-mortar store
Canadian online store Shopify has announced that they will open their first physical store at the end of 2018. This step primarily favours retail companies using the Shopify platform and...
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Alibaba opens first physical store
Alibaba’s first brick-and-mortar store has opened in the city of Hangzhou in China – close to the company’s seat. There are self-service checkouts in the plaza where the company’s own...
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(HU) Az Edenred, a kártyaalapú juttatások hazai szakértője 25 éve áll a vállalkozások szolgálatában
Sorry, this entry is only available in HU....
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With modern warehouse technology for serving partners better
2017 was a profitable and successful year for TE-DI Trade Kft. – sales exceeded HUF 9 billion. The most important event last year was increasing the capacity of the manual and automatic...
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Coca-Cola develops in Zalaszentgrót
From a budget of HUF 1.8 billion Coca-Cola Hungary has increased its production capacity in Zalaszentrgrót. They started bottling a new premium product called ‘smart water’ for the markets of several...
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Opus Global gets majority share in isomalt manufacturer
Opus Global Nyrt. has acquired a majority share in one of Europe’s biggest isomalt companies, Kall Ingredients Kft. of Tiszapüspöki, increasing its share from 30 percent to 75 percent. The next step is...
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Vésztő-based cheese company Sajtmanufaktúra opens new production plant
Soon the milk processing plant of Sajtmanufaktúra Kft. in Vésztő will start production. The municipality established the company from more than HUF 100-million ministerial funding. Mostly public workers will work in the small...
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Development budget for McHale Hungária
A consortium led by Szolnok-based agricultural machinery and services company McHale Hungária Kft. has been granted nearly HUF 500 million of EU funding for developing agricultural machinery manufacturing in Jász-Nagykun-Szolnok and...
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Szal-Tó’s goal is ensuring uninterrupted product supply
Árpád Szalai and Attila Tóth established Szal-Tó Kft. in 1991. Last year there were two big changes in the life of the company: purchasing prices elevated by 40 percent due to the...
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SIXI 2000 adds new products to its portfolio
The owners of SIXI 2000 Kft. have more than 20 years of experience in confectionery product wholesale. Since 2009 the company has had new, 1,500m² premises with warehouses that meet the strictest...
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Mastercard is preparing for the launch of open banking
Mastercard is developing new services that will facilitate open banking. With trust and security major pillars of the open banking ecosystem, Mastercard’s new services will make it easier for banks and...
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Niklós now distributes frozen products too
2017 brought two fundamental changes in the life of Niklós Tejtermék Depó Kft.: Dr Zsolt Beréti became the new managing director and owner, and the company moved to Szekszárd where...
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Medicinal herb companies team up
NAK’s herbal medicine department has been refounded and it will nurture a closer relationship with the Medicinal Herb Association and Product Board (GYSZT). One of the objectives is to market more...
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NAK organises a nationwide roadshow to popularise fruits and vegetables
The Hungarian Chamber of Agriculture (NAK) and French cross-sector trade organisation Interfel have launched a joint campaign – implemented in both countries – to make fruit and vegetable consumption more...
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MIRBEST: nationwide presence and services tailored to partner needs
The MIRBEST group was established in 2003 and currently consists of 11 member companies. They are present all over Hungary, with their own depots, sales manager network and vehicle fleet. MIRBEST is...
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New key account manager at Szamos Marcipán
Viktor Nyitrai has been appointed key account manager for multinational retailers at Szamos Marcipán Kft. Mr Nyitrai has been working in similar positions in the confectionery sector for more than ten...
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Popular Hungarian wineries supply the wines for ALDI’s summer selection
Some of the wines in ALDI’s summer selection have been made especially for the chain. One of these is a new cuvée from Sauvignon Blanc and Chardonnay by Kristinus Wine Estate,...
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METRO keeps improving its services
In July 2017 METRO opened its new delivery points in Balatonszentgyörgy and Székesfehérvár – this innovative solution takes some burden off the shoulders of stores in the region. METRO is always...
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More products and lower prices from Húsház
Húsház Hungary Kft. had started a major investment project at the end of 2017: they built a cold storage warehouse. Being able to store more products means they can offer lower prices...
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Xixo is five years old
XIXO has become the leading iced tea brand in Hungary. HELL ENERGY Magyarország’s drink brand – the winner of several MagyarBrands and Superbrands prizes celebrates 5 years with a large-scale campaign...
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Her-Trade: fresh poultry from the company’s own processing plant
Her-Trade Kft. has been active since 1993 and it is a family business in Hungarian ownership. One of the company’s specialties is providing partners with fresh chicken and turkey products. István Schulcz, owner...
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