Company and Personal News

Dairy Queen will not enter the Hungarian market

The Hungarian entry of Dairy Queen has failed. The company offering typical American fast food menus was looking for franchise partners in Hungary, in January. The director of the company...

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The third biogas creating fermenter was built in the sugar factory of Kaposvár

With this development, Hungary's only operating sugar factory can ensure 80 percent of its energy needs required for processing. Hájos László, Deputy General Manager of Magyar Cukor (MC) Zrt. at...

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The British billionaire’s mobile company may appear in Hungary

The Virgin Mobile Central and Eastern Europe company began its operation in Poland – MTI wrote on Wednesday. The company would start its service in Hungary later as well. British...

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The CEO of the Budavidék Zrt. was honored with Hungarian Cross of Merit

On the occasion of August 20, Schäffer Árpád was awarded with the Hungarian Knight's Cross of Merit recognition. The Chief Executive of the Budavidék Zrt. was designated to the prestigious...

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The government decides on the support of the Gyulai Húskombinát until next Wednesday

In order to preserve rural jobs, the support of the meat industry, including the Gyulai Húskombinát is necessary. The government will decide about the support until 29 August, on the...

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Nike puts an end to the sale of new products at night

Nike asks to stop night sales from its largest trading partners, due to complications. According to a company memo reviewed by the paper, the world's largest sportswear maker told sporting-good...

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IKEA would build apartments and shops

The Swedish furniture group would aquire a 50 thousand square meter area in Hamburg, where the company would build residential and retail properties. Ikea plans real estate investments outside Germany...

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Laurel closed the most successful half year of its history

Market-leading HUngarian science information company Laurel has closed the most successful six months of its 20 year-long history. The Székesfehérvár-based company's volume was nearly 1.5 billion HUF....

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The FuturAqua acquired the majority stake in a beverage distribution company

The FuturAqua Ásványvíztermelő Nyrt. acquired a 60 percent stake in Human Goods Kft. which is the distributor of the Austrian Almdudler soft drinks in Hungary – FuturAqua announced on Tuesday...

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Green Brand Germany award given to dm's private label

Dm-drogerie markt's private label Alverde has received the prestigious „Green Brand Germany 2012/13” award, ackknowledging the brand's success to aim for sustainabuility and high quality. The award was given by...

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Emergency Scenario is being made for the Gyulai Húskombinát

The owner, the HAGE-NAGISZ Nádudvari Mezőgazdasági Vállalkozói Csoport is seeking for sources that can be rearranged from other companies of the HAGE-NAGISZ group to maintain the continuous production of the...

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Increased revenue and after tax profit at the world's largest commercial chain

Wal-Mart Stores Inc. reported a profit growth of 5.7 percent for the first quarter closed at end of July, while the company improved this year's profit forecast. Wal-Mart's after tax...

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The Biopackpro Kft. has developed a compostable packaging

The Biopackpro Csomagolástechnikai Projekt Kft. developed compostable organic packaging material from polylactic acid (PLA) in the scope of the New Széchenyi Plan (ÚSZT). For project implementation, the company won 421.25...

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Coop T-Systems' 1100 points security

The Co-op Hungary Zrt., which has the largest coverage among the domestic food chains in Hungary, renewed and at the same time also broadened its previous contract with T-Systems Magyarország...

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New Head of Department of the Customer Management, at METRO Kereskedelmi Kft.

In August 2012 Malika Mansouri joined the Metro team as the Head of Customer Management. Malika has started her Metro career in Italy in 2004 as category manager, later as...

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Lidl opened its 153rd store in Hungary

Lidl opened its 153rd store in Hungary on August 16, Monday in Gödölő Hungary, under Ottó Ferenc street 2-4. The store awaits its customers on 1,286 square meters with a...

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Nestlé’s former CEO expects a further rise in global food prices

Food prices are expected to increase further all over the world – told Peter Brabeck-Letmathe, Nestle chairman of the supervisory board, to an Austrian newspaper. After the food crisis of...

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POPAI POP competition is on again!

It is the third time that the POPAI Awards POP competition takes place, juried within the compass Business Days 3 days conference: any POP-dice creator can compete for the prize....

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Tesco launches a café chain in the UK

Tesco has teamed up with an upmarket London-based coffee shop to launch an ‘artisan’ café chain in the UK. The new chain, Harris and Hoole, is majority owned by a...

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Back-to-school offers in Tesco

Starting from 1st August 2012, a special set of special offer back-to-school programs have been launched by retail-giant Tesco in Hungary. Since most schools have different lists of needs, this...

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Famous Grouse aims to set record for world's largest whisky bottle

The Famous Grouse is making the record attempt to celebrate its 107th birthday. The 200-litre bottle, which will hold the equivalent of 8,000 drams, is expected to set a new...

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Rihanna “too sexy” for Nivea

So it comes as little surprise that Rihanna's advert for Nivea has been deemed too sexy to front campaigns for the skincare brand. The star appeared in a series of...

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9 m3 PET-bottles recycled at Sziget by Coca-Cola

Selective trash cans were introduced to the audience of Sziget festival quite a few years ago, with the help of the nonprofit organization called Zöldövezet. However, Coca-Cola is the first...

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Nestlé: steady momentum, full-year outlook confirmed

Sales of CHF 44.1 billion, 6.6% organic growth, 2.9% real internal growth Trading operating profit of CHF 6.6 billion (+ 6.3%), margin 15.0% (- 10 bps) 12.9% organic growth in...

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SPAR is getting ready for school with new products

SPAR Hungary has launched a wide range of high quality “back to school”-products with favourable prices in order to prepare for September. The school catalogue of SPAR is available from...

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Pumpkin seed oil mill built in Nemesvámos

With a nearly two hundred million HUF investment, a new pumpkin seed oil mill was built by Peiba Ltd. in Nemesvámos, in order to produce shell-less pumpkin seeds. The project...

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ProLogis European Properties leases 63,800 square metres of distribution space in Central Europe

ProLogis European Properties (Euronext: PEPR), one of Europe’s largest owners of modern warehouse distribution facilities, today announces that it has completed seven lease transactions in Central Europe, totalling 63,800 square...

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Olympic fever at Tesco

The retail chain got ready for the Olympics with a wide range of attractive offers, among many other things they have new favourable prices for sport devices, TVs and various...

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A clothing store caught fire in the Arena Plaza

A 500 square meter clothing store caught fire in the Arena Plaza on the ground floor on Wednesday morning. No personal injuries were reported – the spokesman of the Municipal...

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Zwack 378 million HUF after-tax profit in the first quarter

The Zwack Unicum Nyrt. in the first quarter of its 2012-2013 business year reached 378 million HUF after-tax profits, 184 million HUF lower, than a year earlier – the company...

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