Company and Personal News

Warren Buffett’s investment fund buys a food company for 23 billion USD

The Berkshire Hathaway Inc. investment fund of the star investor Warren Buffett and the 3G Capital investment fund acquires the H.J. Heinz Co. food company for 23 billion USD in...

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Horse Meat Scandal: the French company regained a part of its health permissions

The Spanghero supplier company has received a part of its health permissions. The company was accused by the French Government in connection with the European horse meat scandal – Stéphane...

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Dunapack is supporting the arts

For the first time in the history of Dunapack, a new art prize called Master and Student has been awarded to the most talented artists within the compass of a...

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Dr. Oetker: Charity program for kids in need closed with success

The program ended with a result of 16 million online votes, more than 6,600 children's drawings, about 130 kindergarten and primary schools with a valid tender and the participation of...

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The founder of the Fair Trade movement opened a Fair Trade shop in Budapest

In the past seven years, several attempts have been made to open Fair Trade shops with mixed success. Currently, the founder of the Fair Trade movement opened a shop with...

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Premium whiskey by Jack Daniel's available in Hungary from February

Sinatra would typically offer a toast using a glass of Jack Daniel’s during his concerts from the 1950s to the 1990s. “I can assure you he was very fond of...

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Nestlé had a great year

Nestlé closed last year with a 10.6 billion Swiss francs net profit. This is 11.8 percent more than in 2011. The revenue rose by 10.2 percent to 92.2 billion Swiss...

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Coca-Cola’s profit declined in Europe, but increased overall

Coca-Cola’s profit and sales increased less than expected in the fourth quarter of last year. The Coca-Cola’s after-tax profit was 1.87 billion USD, 41 cents per share, in the three-month...

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New commercial director in the management of the Debreceni group

From the end of January Szitai Ádám will be the Commercial Director of the Debreceni Group. The expert earned economics degree at the Foreign Trade College, then completed the MBA...

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Photo exhibition of paralympics at the Tesco stores

Starting from today, the exhibition at Tesco Extra at Váci street, Budapest is open to visitors. The exhibition illustrates the best moments of the London Paralympics 2012, and is going...

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Auchan increased its turnover and the number of its customers in Hungary

Turnover increased by 10 percent in 2012 to 300 billion HUF in the 19 Auchan stores in Hungary, compared to the previous year, while the number of customers increased by...

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A Hungarian fast food network will be launched with the capital support of the Széchenyi Capital Fund

The Széchenyi Capital Fund supports the plans of the more than 30-year-old Hungarian Crown Foods Kft. with 49 million HUF –  the Board of Directorate of the Fund announced The...

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Continental: Hungarian manufactured products to the national tobacco shops

The president of the Continental Dohányipari Zrt. is hoping that mainly those candidates will get concession on the tobacco shop tender who expressly agrees the sales of Hungarian produced tobacco...

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New sales leader at the Szentkirályi Ásványvíz Kft.

From January 2013 Barnáné Vitárius Márta will be the new sales manager at the Szentkirályi Ásványvíz Kft.. She will lead a 36-member team and will be responsible for sales activities,...

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Kurucz Péter became the Country Manager of Brandbank Hungary Kft.

The Country Manager of the Hungarian subsidiary of the UK based company will be responsible for the supervision activities and professional coordination of the entire company and to develop a...

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The most romantic city in Hungary is Kecskemét

Flowers, chocolates, champagne: These are the hit products in Tesco beforeValentine's day. In relation to the number of inhabitants – the largest volume of these products was  sold in Kecskemét,...

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CBA is considering denouncation due to swindlers

Swindlers are trying to defraud buyers under the name of CBA, therefore the retail chain is considering a denouncation – Fodor Attila, the chain's director of communications told MTI on...

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Praktiker withdraws from Turkey

11 February 2013. Praktiker AG is withdrawing from business in Turkey and, in view of the persistently loss-making operations in this country, suspends payments to the local subsidiary. As a...

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METRO: 74 million HUF worth food to the people in need

Bakery and dairy products, vegetables and fruit, cold cuts, meat, fish and other non-perishable food products were sent to the needy in a value of 74,025,426 million HUF in the...

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Brush instead of coffee, creative paper instead of canvas

The creative application of NESCAFÉ® Dolce Gusto® and the Papyrus Hungária Zrt. successfully ended. The best applications were chosen by a renowned jury with the lead of Agatha Ruiz de...

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The “We Support the Family” Program’s annual drawing competition was completed

The program ended with a result of 16 million online votes, more than 6,600 children's drawings, about 130 kindergarten and primary schools with a valid tender and the participation of...

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The Ministry of Rural Deverlopment will save the poultry processing plant in Kálmánháza

The poultry processing plant in Kálmánháza, Szabolcs-Szatmár-Bereg County will receive ministerial help to survive. The stake is to save two hundred and fifty jobs and to maintain the market. Kálmánházi...

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The local government of Pápa helps the Pápai Hús 1913 Kft. through its own company

As the local government cannot directly give loan to the company, as a shareholder it can give a support of 650 million HUF through its own company to the Pápai...

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Intelligent companies

According to Ernő Ferenc Jancsich, an expert with Xapt Kft. the food industry creates a great challenge for business management software in the fields of base material supply and production....

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IT-audit: hardly known in Hungary, almost an obligatory routine abroad

Firms that have their IT systems audited from time to time can save significant amounts of money from their IT budget. Still, in Hungary one quarter of companies doesn’t use...

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Production restarted in the meat plant in Gyula

Quality food production has a great future in Hungary, Fazekas Sándor Rural Development Minister said on Wednesday in Gyula, where he visited the meat plant with Budai Gyula, Minister of...

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Brandbank Hungary has been launched

The Brandbank, that was founded 14 years ago is present in several European countries has been launched in Hungary too at the end of last year. The company's main profile...

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Fast Food Restaurant for Kids: Chuck E. Cheese’s targets Hungary

(HU) nchse-alapon...

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Detergents, softeners: this is the age of rationalising

This year both detergent and softener volume sales plunged by 10 percent. Softeners: the number of buyers fell considerably (the category’s penetration lowered from 68 to 65 percent from one...

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Old and new tricks in washing

Anna Siba, brand manager of Henkel Hungary’s detergents and household cleaners division is of the view that some consumers still wash their clothes driven by their old habits, but at...

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