Company and Personal News
Coca-Cola HBC Magyarország expands production capacity further
Coca-Cola HBC Magyarország has recently purchased 13 hectares of land next to their present factory in Dunaharaszti, making the territory of the production facility 1.5 times bigger. The company plans to...
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New member of Mars’ management in the CEE region
Zuzana Lošáková has been named corporate affairs director of Mars in Central and Eastern Europe. The Slovakian manager has 15 years of experience in corporate affairs and PR. Her task will be...
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Updated Diet Coke
Coca-Cola completely reviews the Diet Coke brand in order to make it more attractive to the younger generation. Besides the trendy new look, new flavours were also launched – although...
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Billa developing steadily in Austria
Austrian retail chain Billa expanded in terms of both store number and services offered in 2017. Online sales skyrocketed 40 percent in just one year, while the chain opened 31 new...
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Christmas at Costco
Costco – the second biggest retail chain in the world – realised USD 14.94-billion sales in the Christmas period, improving their sales performance by 14.3 percent from the previous Christmas...
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30-million coconut water investment by Danone
Danone bought a share in US organic coconut water company Harmless Harvest. Danone has already invested USD 30 million in the company to increase production capacity and to popularise the...
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Colgate-Palmolive’s excellent year
In the 4th quarter of 2017 Colgate-Palmolive reported USD 3,892-million sales. Sales were up 4.5 percent from the 4th quarter of 2016. Although prices dropped 1 percent at a global...
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Unilever’s successful new products
Unilever will put many new products on the market in 2018, in order to increase sales, because the prices of some of the oldest brands such as Hellmann’s mayonnaise are...
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Lidl is conquering Italy
Lidl opened their 600th discount supermarket in Italy, in the city of Palermo. The retailer invested EUR 10 million in building the new 1,400m² store. Only environmentally friendly building materials...
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Agrokor closes shops – perhaps for good
Agrokor – one of Croatia’s biggest retail conglomerates – closed two flagship stores in Croatia and plan to quit the market of Bosnia and Herzegovina. In the last 6 months...
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Spar targets billion-euro sales
Spar France announced that they will increase the number of shops from 860 to 1,000 by the end of 2019. The company hopes to improve the currently EUR 890-million sales performance...
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X5 expanding at breakneck speed
Russia’s biggest retail chain X5 continues the dynamic expansion in 2018. Back in 2017 X5’s sales soared by 25.5 percent and they added 2,934 new shops to their portfolio. CEO...
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Mega Image keeps growing in Romania
Romanian retail chain Mega Image opened 50 new shops in 2017 and will continue their expansion in 2018. CEO Vassilis Stavrou stressed that Mega Image will invest EUR 50 million...
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Bacardi’s big step forward in the tequila market
Bacardi entered the rapidly growing tequila market: for USD 5.1 billion they bought Patrón Spirits International. This is a big step forward in the global market for Bacardi, creating a...
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Good start of the year for Metro
In the first quarter of the 2017-2018 fiscal year Metro AG increased sales by 0.8 percent, with revenues at EUR 10.1 billion. Member of the board of directors Olaf Kock told: they...
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Mastercard appoints Hungarian regional director
From 1 January 2018 Frigyes Romvári is the regional customer relationship director of Mastercard. His main task is supporting the regional relationship between the payment technology company and OTP bank. OTP Bank...
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Tejsüti dipped in chocolate
Th e Pöttyös product line welcomes a new addition: MEGaCSOKI is basically dairy snack Tejsüti dipped in chocolate. Pöttyös’ senior brand manager Andrea Szabó told that the new product is already available in shops all over...
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New Hungarian innovation to ease the problem of workforce shortage in retail
Laurel Számítástechnikai Kft. developed the first Hungarian self-service checkout system for grocery stores, which can help to ease the problem of workforce shortage in retail. Stores can set up 3-4 self-service checkouts...
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New key account manager at GA FOOD
As of 1 February 2018 Levente Matyasovszky is the key account manager of GA FOOD. His task will be managing relations with international partners. In the past Mr Mattyasovszky used to work...
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From next spring we can even pay with a selfie
From April 2019 Mastercard makes biometric authentication available to shoppers in Hungary too. A joint study by the University of Oxford and Mastercard has found that the majority of shoppers prefer...
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COOP wins sustainability award
At the end of October it was announced at the Word Sustainability Congress event in Dubai that retail chain COOP was rewarded with the Global Sustainability Leadership Award. //...
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Food saving programme is already running in 139 Tesco stores
Last year Tesco donated more than 6,700 tons of food to the Hungarian Food Bank Association. Tesco’s goal is not to waste a single bite of food in their shops. Since 2014...
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Magyarvíz sales grow faster than the market average
While like-for-like mineral water sales augmented by 3.8 percent in the Hungarian market in the first 10 months of 2017, in the same period sales by Magyarvíz Kft. – their brands...
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A poultry slaughterhouse was opened in Tata
A half automated slaughterhouse for the processing of 24 thousand poultry per day was opened by the Horváth Agrofarm in Tata, with an investment of 110 million forints – the...
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BeeRides: car sharing can be money-saving and money-making sources as well
The Hungarian established community car sharing startup continues to expand with foreign capital involvement. During a trip to abroad, a large proportion of cars are out of stock. The Hungarian-based...
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Henkel achieves new highs in sales and earnings
Sales increase to 20,029 million euros, first time above 20 bn euros: nominal growth +7.0%, organic growth +3.1% EBIT margin* reaches new high: +40 basis points to 17.3% Earnings per...
Read moreTesco’s customers can decide on the tenders
Once again, the Hungarian Donor Forum (MAF) will assist Tesco for the fourth time in the “We Choose, We Will Help” community program. In the program, each organization that will...
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The MVM Partner Zrt. and the Reál Hungária Kft. established an electric filling station node
The MVM Partner Zrt. and the Reál Hungária Kft. established an electric filling station node – a so called HUB – at the Kondorosi Street site of the chain in...
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Test cuts can start in the fall in the waterbird slaughterhouse in Mélykút
In the autumn, test cuttings can be started at the waterbird slaughterhouse of the Hunent Víziszárnyas Feldolgozó Zrt. (Hunent Waterfowl Processing Zrt.). The investment was implemented from about 12.6 billion...
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New Zealand’s super-dairy
From the branded dairy products of the a2 Milk New Zealand company, already twice as more is consumed than the own-branded products of the chain of stores. The company’s value...
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