Company and Personal News
Personal changes at DS Smith Packaging Hungary
Since September 2016 Levente Szabó has been the new sales and marketing director of DS Smith Packaging. György Greksza was appointed design and innovation director in Hungary. Monika Cervenak’s new position is regional sales director...
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More than 73 million forints worth of donations made in Tesco stores
Within the framework of the Hungarian Interchurch Aid’s programme called ‘love.hunger’, last year Tesco workers and customers collected more than HUF 73 million, by buying more than 295,000 HUF 250...
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Unilever rejected Heinz
US food giant Kraft Heinz Co. made a 143 billion USD merger offer for the Anglo-Dutch Unilever, but Unilever rejected Heinz’s offer, because the company considered the amount too low...
Read moreHeineken bought pubs
Heineken began serious pub acquisitions in the UK: in December last year bought 1900 pubs from the Punch Taverns company – origo.hu wrote. The Punch that was founded in 1997...
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Danone increased its after tax profit by one-third
The company’s revenue in 2016 increased by only 2.9 percent, foreign exchange effects adjusted – portfolio.hu wrote. Taking the currency effects into account, sales revenue declined by 2.1 percent, from...
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The Gyulahús Kft. increased its revenues last year
Despite the Russian embargo and the drop in British pound, the local government-owned Gyulahús Kft. was able to increase its revenue by five percent last year. The company this year...
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Dr. Csikai Miklós has become the Agricultural Personality of the Year 2016
The Agricultural Personality of the Year award was handed over. The winner of the award has become Dr. Csikai Miklós, while the audience award was given to Szeder Attila. The...
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Intersport is developing in Hungary
The Intersport started a store refurbishment program in Hungary in a value of more than a million euros (about 308 million HUF). The investment will bring new jobs – the...
Read moreThe GSI Hungary Kft. is expanding its agricultural machinery factory in Biatorbágy
The GSI Hungary Kft. the regional center of the US GSI group is expanding its agricultural machinery factory in Biatorbágy. The company uses own funds amounting to 2.3 billion HUF....
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Durex manufacturer bought a baby food production company
The British Reckitt Benckiser on Friday agreed to acquire the US baby food manufacturer Mead Johnson for 16.6 billion USD – portfolio.hu wrote. According to the announcement, Reckitt the manufacturer...
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Sixty Príma stores are operating with renewable energy
Sixty Príma grocery stores are using a power entirely from renewable energy sources as a result of the strategic cooperation concluded by the MVM Partner Zrt. and the CBA Kereskedelmi...
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The Alföldi Tej develops a milk plant in Debrecen with a 12 billion HUF investment
The Alföldi Tej Kft. develops a new processing plant in Debrecen with a 12 billion HUF investment. As the result of the investment, 181 new jobs will be created –...
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Amazon’s payment service doubled last year
Amazon’s payment service doubled last year: twice as many people used the service in 2016 than in 2015 – portfolio.hu wrote. Amazon.com increased its impact in online payments in 2016....
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Wiesbauer-Dunahús: new premium products increase turnover
The turnover of the Austrian Wiesbauer Holding’s Hungarian subsidiary, the Wiesbauer-Dunahús – which employs 105 people – exceeded 4 billion HUF in 2016. This strong growth is primarily due to...
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The Gallfood plans to open a new plant and a cold storage in Tata
The local government of Tata supports the business developing and operating the city’s industrial park with a gross 146 million HUF. In addition the park’s road network will be expanded...
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The shareholders decided to split up Metro
According to the statement of the company, on Monday that 99.95 percent of the voting share capital represented voted in favour of the split. Metro hopes the split will help...
Read moreTesco sells 1.5 million donuts in the carnival season!
Twenty percent more donuts are consumed in the Tesco during the carnival season, compared to an average month. This year, the customers can choose among 22 kinds of locally baked...
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Ford Trucks chose Delta-Truck as the Hungarian importer of its vehicles
The Ford Trucks associated with the Delta Truck. Under the cooperation the Delta-Truck offers sales, after-sales and spare parts solutions in Hungary. The new business activity is based on existing...
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The Pápai Hús Kft. has expanded its production
A month after the change of ownership at the beginning of last December, the Pápai Hús Kft. increased its production by 25 percent. The income from raw meat and meat...
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The Zwack Unicum Nyrt. increased its profit and revenue
The Zwack Unicum Nyrt. reached an after tax profit of 2,538 billion HUF in the first three quarters of the 2016-2017 business year, 26.8 percent more than a year before...
Read moreTesco: home delivery without shopping bags
In Hungary, one person uses an average of 500 shopping bags a year, while disposing 90 percent of the bags after a single use – Világgazdaság Online cites Tesco’s communication....
Read moreThe slaughterhouse in Mohács employs 160 people from February
The slaughterhouse in Mohács is operating in test mode. From February the company increases its staff to 160 from the current 100 – the CEO of the facility during the...
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The human being is the supreme value: the dm spends the amount remains from the reduction of contributions to wage increase
The dm Kft. further develops the wages in 2017: wages will rise by 9 percent in the sales area, while in the case of the central office staff by 7...
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New Sales Director at Praktiker
Bagaméri László is the new sales manager of Praktiker. The specialist was previously the operational manager of Tesco Global Stores in multiple regions, and also had a leading role in...
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The Butlers home furnishings chain reported insolvency
The Butlers German home furnishings chain reported insolvency and asked for for bankruptcy protection. According to communication of the company, published on Monday, the shops continue to remain open, and...
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Coffee cocktail with extras
Sub-zero temperatures, snowfall, frozen roads and never-ending cold. It is still winter, but now everyone is counting the days to the first spring sunshine. Now we present a cocktail, which...
Read moreTesco buys the largest British wholesale food company
The Tesco supermarket chain announced a deal to merge with Booker, the UK’s largest wholesale food retailer on Friday. Tesco is valuing Booker at 3.7 billion pounds (4.6 billion USD)...
Read moreTesco is expanding the range of healthy bakery products
Tesco is selling 330 million pieces of bakery products in Hungary annually. As one of the busiest bakery of the country it is important for Tesco to provide more and...
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The Regio reached nearly ten billion HUF turnover last year on the toy market
The Regio Játékkereskedelmi Kft. closed last year with an increase of 8 percent and 9.8 billion HUF turnover – the toy store chain told MTI on Wednesday. The biggest turnover...
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Unilever commits to 100% recyclable plastic packaging by 2025
Unilever today committed to ensuring that all of its plastic packaging is fully reusable, recyclable or compostable by 2025 as it called on the entire fast-moving consumer goods industry to...
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