Company and Personal News

New private label product by dm

German drugstore chain dm is to launch a new private label line called Balea Nature, according to planetretail.net. The retailer says the products consist of 95% natural ingredients and do...

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Hungarian designer at the finals of the Heineken's limited edition design competition

To honor their forthcoming 140th anniversary Heineken is hosting an international competition to redesign the iconic green bottle, with the winning design to be unveiled as a limited edition in...

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Huge success for Márton és lányai

As a whole, pálinkamaker company Márton és lányai has closed the season with a total of 3 golden, 4 silver and 3 bronze medals at various Austrian and Hungarian pálinka-competitions,...

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DVTK coffee arrives in April

The football team of Diósgyőr introduced the DVTK coffee soon after the introduction of the DVTK beer. The Diósgyőr FC Kft. signed a cooperation agreement with the Pannon Kávé Kft....

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Starbucks to introduce an espresso machine

The U.S. coffee chain Starbucks is attacking the market position of Nespresso. The company has announced that before the summer they will launch a high pressure espresso machine: the Versimo....

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Management Board of Praktiker AG asks noteholders for a reduction of the interest rate

To support the company’s ongoing restructuring process – as already envisaged with the publication of the restructuring programme end of November 2011 –, Praktiker AG is asking the holders of...

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Tesco in co-operation with Wonderduck Agency

Wonderduck Agency is one of the winners of Tesco's Hostess Agency Tender. The co-operation started on 1st March 2012 and will be closed on 31st December 2013....

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Henkel develops reworkable underfill

In today’s electronic devices such as smartphones there are numerous complex engineering components. Expanding on its portfolio of advanced underfill materials, Henkel has developed Loctite UF3810, a new underfill technology...

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The EU and national competition authority also examine the Auchan, Cora acquisition

The Competition Authority (GVH) does not decide it yet to ask Brussels for the right of authorization  in the Auchan, Cora acquisition. The domestic subsidiary of the French Auchan announced...

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Unicum Plum: a novelty from Zwack

At Hungary's first bitter master course, Zwack Sándor presented Unicum’s latest product the Unicum plum. The beverage specialty is a real world novelty. It is the first herbal liqueur, which...

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Auchan can be profitable in 2014

Auchan Hungary Kft. closed last year with a 7.6 billion HUF loss, due to the significant tax burden, and the high amortization, but if the crisis tax will be terminated...

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Abraham hams by Zimbo

From January 2012, Abraham-hams from Germany are being distributed by Zimbo Perbál Ltd. in Hungary. The brothers Rolf and Jürgen Abraham founded a ham smoking company in Moisburg near Buxtehude....

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Tesco is looking for new regional suppliers in Szolnok

Tesco is about to move on to learn about even more Hungarian suppliers within the compass of their Regional Suppliers’ Forum. The next forum will take place in Szolnok, on...

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Tesco's food safety practices meet the food safety standards

Official controls were initated in connection with Tesco’s meat treatment practices, because of the news heard in the media, but the controls did not reveal any abnormalities in the controlled...

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Johnny Walker leaves Kilmarnock

Kilmarnock was in shock on Wednesday morning with the bombshell news that the Johnnie Walker plant is to shut with the loss of 700 jobs. The devastating news was broken...

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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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