Company and Personal News

Scottish tea export to China

A businesswoman exports tea from Scotland to China tea, which seems carrying water into sea. Tea is a Chinese invention and has five thousand years of history in the Asian...

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McDonald's: Don Thompson will replace Jim Skinner

A leader change will occur at the world's largest fast food chain.  Jim Skinner, leader of the chain retires in July – announced McDonald's. Chief Executive Jim Skinner will retire...

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Pasta factory opening in Verpelét

A specialized, frozen, stuffed pasta factory is being manufactured in Verpelét, with a base area of 5400 square meters. The factory by Asiafood Ltd. is going to start operating on...

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New City SPAR in the city centre

The eight City SPAR store has opened its gates the city centre of Budapest on 22nd March 2010, at Vértanúk tere 1. The first City SPAR store has opened in...

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The meat plant in Debrecen remains closed

After several months of agony, now both sides see that all efforts to restart the meat plant in Debrecen may be unsuccesful – Hajdú-bihari Napló wrote on Wednesday. Szűcs Viktor,...

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Deutsche Bank does not invest in food

Deutsche Bank stops the issuing of investment products, backed by important agricultural or food products. The bank wrote in its report on responsible corporate behavior,  that this year they will...

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Metro has increased the number of its stores

Last year, the Düsseldorf based Metro Group’s sales decreased by 0.8 percent to 66.7 billion euros, its after-tax profit decreased by 2.1 percent to 741 million euros. To the results,...

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Card reader connected to Smart phones from PayPal

PayPal’s new service, the PayPal Here application allows almost any kind of payment management services for small businesses. The smartphone can be the formed into a full-featured credit card terminal....

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Liquidation proceeding was launched against the Magyar Tejtermék Kft.

Liquidation proceeding was initated against the Magyar Tejtermék Kft. (previous name: Tiszatej Kft., before 2011) The company which was profitable earlier, accumulated significant losses in 2010. The company had a...

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Trigránit will not withdraw from Russia

The Trigránit group is not withdrawing from Russia, but the planned investment in Moscow will not be accomplished – confirmed Lovas István, country director of the Trigránit group, chief executive...

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Starbucks establishes a juice bar-network

Starbucks opened the first unit of its juice bar-network on Monday. The store, named Evolution Fresh, awaits its guest in Bellevue, WA, four months after Starbucks purchased the Evolution Fresh...

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Retail giant plans to close stores

The U.S. retail giant Sears plans ​​significant cost reductions. In the first half of this year, the company intends to implement the closure of 62 stores out of its 4010...

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Henkel published its 2011 sustainability report

The contents of the Report reflect the Henkel relevant and material challenges of sustainable development. The selected topics include the results of our continuous dialogue with a large circle of...

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Nestlé’s Diósgyőr-based plant manufactures Easter chocolate figurines for twenty countries

About 1,300 tons of Easter chocolate figurines were produced for this year's Easter season at Nestlé’s Diósgyőr-based plant. 80 percent of this quantity – more than two billion HUF worth...

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Innovation at PayPal

PayPal’s management has unveiled the plans for the transformation of the portal. The popular site becomes a device and platform free electronic payment site. PayPal’s management plans that the fully...

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Szenna-Pack would continue production after bankruptcy arrangement

Szenna-Pack’s new owner, the Irish Ardagh Group is already preparing for the production and in addition to the previous 120 workers, they are calculating with the recruitment of 180 new...

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Wizz Air has a new destinatin from Budapest

Wizz Air announced it would add direct flights between Budapest and Varna (Bulgaria), Palma de Mallorca and Milan to its summer timetable. Wizz Air will fly to the destinations from...

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Fresh and easy to work with – the advantages of vegetable boxes

The vegetables are seriously checked at all stages of the production process. Between harvesting and processing only a few hours tahe place, so the finished product retains the flavor and...

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Agárdi Pálinkafőzde's number one expert receives state award

Tibor Véres from Agárdi Pélinkahouse has received a special state award (the Silver Cross) from Sr. Sándor Fazekas, minister of rural development. The expert was also the brewer of the...

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NIVEA Tour is about to start!

NIVEA Tour is about to open its gates for the sixth time, and will go on for more than a month with a serious of various sport-events for free in...

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Rézangyal acquires Ördögi

Rézangyal has purchased its greatest Budapest-based competitor Ördögi. The company now owns both the pálinkabrand Ördögi and Györkönyi, but the right to produce is still at Raiker td....

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Visegrádi mineral water to conquer in “diamond bottles”

After several months of planning and development work, one of the oldest mineral water of Hungary will be distributed on the markets with new design in February 2012. The new...

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Zsolnay Visual Manufactory to open in Pécs

The Visual Manufactory – opens on Tuesday in the Zsolnay Cultural Quarter – will acquaint the visitors with the manufacturing procedures of the Zsolnay porcelains. The Zsolnay Örökségkezelő Nonprofit Kft....

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The high level of service remains, the name changed

POS Media Hungary continues its futture axctivities under the POS Services. This move reflects the company's commitment to high level of services and wide range of advertising solutions. POS Services...

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The Füleky Winery became the Building of the Year

The Füleky Winery in Bodrogkeresztúr won the “Building of the Year 2011” award on the online poll of ArchDaily (www.archdaily.com) architecture portal, in the industrial category. The building received almost...

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New Lidl stores in Budapest and Esztergom

Lidl has opened the gates of two stores on 8th March 2012. One of the stores is in the 23th district of Budapest at Ciklámen street 3, whereas the other...

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Red Bull Pilvaker gor the heroes of March

A special poetry-competition is about to take place on 14th March 2012, in order to pay a tribute to the heroes of March 15th. Red Bull Pilvaker provides space for...

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The domestic market is in the center of growth

On 8th March 2012, PwC Hungary has introduced the 15th Global CEO survey, within the compass of an outstanding press conference. For the first time ever, Hungarian CEOs had the...

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Henkel delivers sales and earnings at record levels

“2011 was another very successful year for Henkel. Despite major challenges in a volatile economic environment, we fully achieved our ambitious targets – and even overdelivered on some of them....

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The Agárdi Pálinkafőzde plans a 5 percent revenue growth

The management of the Agárdi Pálinkafőzde (Agárdi Pálinka Distillery) plans an about 5 percent revenue growth this year. This means a 350 million HUF annual sales revenue – told Szabó...

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