Company and Personal News

The number of liquidation procedures in Hungary rose

The number of liquidation procedures in Hungary rose 21% in the first half from the same period a year earlier, credit insurance company Coface Hungary told MTI on Thursday. Liquidation...

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Metro plans Eastern European investments

German Metro Group plans to invest more than one billion euros in the following years, in Eastern Europe – writes Handelsblatt. Stores will be built in Russia, Kazakhstan and Ukraine....

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Johnson & Johnson: revenue growth and profit decline

Johnson & Johnson reported increase in revenue and profit decline for the second quarter. Johnson & Johnson's revenue, increased by 8 percent in the second quarter, to 16.6 billion USD,...

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Grilling at home is getting more an more popular

Grilling season offers food and grocery retailers the opportunity to not only increase sales of those center of the plate fresh meat items for grilling like beef, pork, poultry and...

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Good second quarter results for Coca-Cola

Coca-Cola's second quarter revenues increased by nearly half, by 47 percent, compared to the same period of last year. While last year, revenue was 8.67 billion USD, this year the...

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Unilever improves the ice cream factory in Veszprém from 2.2 billion

Two billion HUF development takes place until summer 2012 in the Veszprém-based ice cream factory of Unilever Magyarország Kft. They will build a high-capacity refrigeratory, vending, store, changing rooms, restaurant,...

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Champagne production in Mór

Molnár Pál, who has Swiss-Hungarian nationality will start to produce champagne in Mór. The whole region may start a new life, after the 1.5 to 2 billion HUF investment. Tálos...

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Visa Europe card for the blind and visually impaired

Visa Europe has developed a new solution for blind or visually impaired. With the solution, the debit, credit or prepaid cards can be easily distinguish from other cards that helps...

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Tesco prepares with own branded beer and mineral water for the heat

Due to the heat of the past few days, the turnover of the classic summer products have increased significantly in the Tesco. The chain prepares with attractive promotions for the...

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Auchan organizes domestic watermelon tasting

Auchan organizes domestic watermelon tasting on Friday and Saturday at every Auchan stores in the country – announced the chain. According to the communication of the company; since early July,...

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New Finance Director at METRO Cash & Carry Hungary

METRO Cash & Carry Hungary welcomes a new Finance Director effective from 15th July, 2011. Ms. Anita Brkanic Debelic is fulfilling this position after Mr. Csaba Mándoki who will continue...

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New grill-products by Gallicoop for the season

Gallicoop Turkey Ltd. has launched a couple of exciting grill-products for the lovers of outdoors fun this season. Grill Party turkey-pieces are available in three flavours: Dolce Vita is all...

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New flavour in the portfolio of Nescafé

The portfolio of NESCAFÉ® Dolce Gusto® has launched a new flavour, the popular Nesquik. Now it's just one button on the coffee machine, and children can get their favourite drink....

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Spar loyalty action and free music download

Music lovers have the opportunity to download more than 350,000 songs of domestic and foreign performers legally, thanks to the SPAR group, after the retailer and the Sony Music launched...

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The Tesco hypermarket in Szeged turns into a Tesco Extra

The Tesco hypermarket, situates in the Rókusi Boulevard is transformed into a Tesco Extra store, to fullfill the customers' needs is a new modern environment. Tesco is seeking that the...

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The VitalQuelle Kft. became the member of the Premium Hungaricum Society

The Győr-based mineral water producer and bottler theVitalQuelle Ltd. founded in autumn 2010, has been admitted among the members of the Premium Hungaricum Society, from the 1st of  July 2011....

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Virtual grocery store in the subway – video

South Korea is what you would call a technological hub. They have the fastest internet in the world per house hold, reaching 100MBps. We all know their love for StarCraft,...

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S&P upgrades Henkel’s credit ratings to A/A-1

As a result of Henkel’s improved financial profile and its continued solid business performance, the rating agency Standard & Poor’s today upgraded Henkel’s Corporate credit ratings to “A” long-term and...

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Vodafone Supertower

This year Sziget fans will be welcomed by the sight of a 10 floors high tower-complex at the center of the festival venue. The Vodafone supertower will host DJ programs,...

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Tesco: tents and sun lotions are the hits

The summer festival season can be strongly felt in the turnover of Tesco. In June, one of the best-selling commodity of the sports department was the tent, inflatable beds, foam...

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One of Nestlé's largest pet food factory opened in Bük

Nestlé expanded its capacity with a ten billion HUF worth green-field investment. The ten thousand sqm hall of the factory complex in Bük was inaugurated on Friday by Navracsics Tibor,...

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Hungary's first free test store, the Central Sample opens during the autumn

Hungary's first free test store, the Central Sample opens in the Király utca. According to the intention of the founders of the store; they intend to introduce a new concept...

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Nestlé buys a Chinese confectionery manufacturer for 1.7 billion USD

The Swiss Nestle buys the 60 percent of the Chinese Hsu Fu Chi candy manufacturer for 1.7 billion USD. This purchase will be the largest acquisition of Nestlé in China....

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Store selling local products is under construction in Szekszárd

The Eco-Sensus Nonprofit Kft. startet to build a store in Szekszárd, that will distribute the local products of the small producers of the region without the participation of the intermediate...

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METRO opts for Hungarian watermelon

METRO Commercial Ltd. has made the conscious decision to opt exclusively for Hungarian watermelons and nothing else in order to increase the value of Hungarian watermelons. Starting from 7th July...

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Tesco volunteer program to make playgrounds prettier

191 volunteers, 1165 volunteer working hours in 8 cities: Tesco is continuing its volunteer program launched in 2009, so that they can take part in the lives of local comunities...

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New CEO at Henkel Hungary

Yet another Hungarian collegue started working as the CEO of Henkel Hungary Ltd. Starting from 1st July, the new expert leading the company is Dr Ágnes Fábian. After nearly two...

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The sugar factory in Kaposvár recruits workers

The country's only sugar factory the Magyar Cukor Zrt. recruits workers for the campaign, that will start in the autumn. The selecting of the employees has begun in the company's...

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Zwack withdraws the explosive Kalinka Vodka

The Zwack Unicum Nyrt. immediately withdraws the whole stock of the 0.5-liter carbonated Kalinka products, that were distributed from the 25th of May, because, due to quality problems, one out...

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Fornetti will be Bonforno in Croatia

he Fornetti product family will be available again from the autumn in Croatia, under the name Bonforno, because of legal improprieties of the company's former master franchise partner. The distribution...

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