Company and Personal News

The dm drogerie markt increased its turnover

The dm drogerie markt increased its turnover in the 2010/11 financial year on group level, also increased the number of its shops and its employees; dm's turnover in Hungary in...

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Nestlé sales decreased

The Swiss Nestlé published its third quarterly flash report. The company has reported a decrease in revenues. In the first nine months of the year, the company reached revenues of...

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Chinese investor establishes a citric acid manufacturing plant in Szolnok

The plant will provide work for 350 people and will cost about  90 million USD, which – as planned – will be 30 percent of own contribution, and the rest...

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New Christmas coat for Zubrowka

For the holidays, vodka Zubrowka dons a new fur coat. Nestled in a green coat the bottle celebrates nature and the remote parts of its native Poland. The cover mimicking...

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Kraft and Krüger caught on cartelling

The investigation of the German cartel office showed that the Kraft and the Krüger made prohibited price negotiations over their traded instant cappuccino, so the two companies should pay a...

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Coca-Cola's flash report corresponding to the expectations

Coca-Cola's third quarterly report meets the expectations: by eliminating the effects of non-recurring items, profits were 1.03 USD per share in when the markets expected 1.02 USD. Management reports that...

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Raben investing in Hungary

European logistics operator, Raben Group, has today announced the acquisition of businesses in Poland, Hungary, Czech Republic and Slovakia. The Wincanton businesses in Poland, Hungary, Czech Republic and Slovakia provide...

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Danone would sell its bottled mineral water brands to a Japanese company

The Paris-based Danone would sell its Evian and Volvic bottled mineral water brands to the Japanese Suntory. In the scope of non-public negotiations Danone would sell its two brands of...

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Nike closes several shops in Hungary

In the forthcoming months several Nike stores are expected to be closed in Hungary. According to the informations of Pénzcentrum.hu; there are shops that are trying to sell only the...

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Tesco aims the furnishings market

Tesco would conquer the Hungarian furnishings market – at least a part of it. The department store chain extends its range running under the F&F brand. Although there is no...

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The new Apple I-phone broke all previous records

Apple's new I-phone broke all previous premiere records this weekend. Up to four million pieces could be sold in the largest markets. According to the informations of Világgazdaság the new...

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CBA takes over the operation of the units of Delikát Kft.

The CBA Kereskedelmi Kft. takes over the operation of 19 units of its franchise partner, the Delikát Kft.. The Delikát Kft. is suspected with tax evasion. The CBA Kereskedelmi Kft....

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A CBA store burnt down in Pesterzsébet

Sunday night, the CBA store in Kossuth Lajos Street, Pesterzsébet burnt down. 11 people had to be evacuated from the flats of the building of whom six residents were taken...

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Nestlé opens hypoallergenic infant formula factory

Nestlé opened a new EUR 117 million (over CHF 149 million) factory in Germany dedicated to producing hypoallergenic (HA) infant formula. As an extension of the Company’s 106 year old...

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The chocolate factory of Salgótarján has burnt down

The entire Christmas-candy collection was perished by fire at the chocolate factory in Salgótarján on Saturday, early in the morning. Luckily, no person was harmed, but the damage might be...

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Szamos Marcipán and the Tokaj Trading House came up with a common gift pack

Szamos Marcipán, known for its famous chocolates and bon-bons and Tokaj Trading House, the largest winery of the Tokaji wine region launched a joint product – announced the companies. The...

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Fishing festival in the Hortobágy

1500-2000 tons of fish caught off from the fishponds of Hortobágy this year – told Sarka Béla, Chief Executive Officer of the Hortobágyi Halgazdaság Zrt. to MTI on Saturday. At...

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Aldi and Lidl founders are among the richest Germans

According to the latest estimates; the founders of Aldi and Lidl are still among the richest Germans – they could pay the whole debt of the Hungarian foreign currency debtors...

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Danone supports chronically ill children

Danone's special charity program to support chronically ill children began on 3rd October this year and it is going to last until 13th November. The program has been helping kids...

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System Alliance Europe implements a new clearing system

The 47 System Alliance Europe partners benefit from optimized invoicing and more process transparency. Following a two-year development period, CargoClear, a web-based clearing solution designed for the specific requirements of...

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House of Hungarian Tastes in the Coop of Gödöllő

The first joint business of Coop and the House of Hungarian Tastes opened in Gödöllő. The Hungarian-owned supermarket chain sells the food products of domestic producers, in a “shop in...

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Bunge Zrt. is still the market leader in the edible oil market

The company's Martfű-based vegetable oil factory maintained its market leadership in Hungary, despite the 6 percent fall of the the oil market. The company holds 70 to 75 percent of...

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Coop spent five billion HUF on IT

Izsófalva, Borsod-Abaúj-Zemplén county has joined to the IT system of Coop as the thousandth unit on Wednseday 12 October.  The store was built from two hundred million HUF employing eleven...

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Euronics opens new stores in the Corvin shopping Center and in the KÖKI Terminal

The Veszprém-based Euronics-Vöröskő Kft. opens two 1,600 square-meter Euronics Mega stores at the same time tomorrow, so the company will have nine stores in Budapest and 65 across the country....

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Praktiker awaits its customers with culinary experiences

Praktiker awaits its customers with beer and sausages in the second half of October. The culinary experiences will be completed with unique shopping action with 20 percent discount. In order...

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The OBI opened a store at the KÖKI Terminal

OBI continues to expand in those rural areas where it is not present. The model for the developments will be the store at the KÖKI Terminal (Kőbánya-Kispest) – said Christoph...

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New leader at POS Media Célcsoport Hungary

After having spent more than 10 years in the field of instore communications, strategic director of the company Péter Kovács is leaving “the board” with mutual agreement, and his tasks...

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Pepsi reported two billion USD quarterly profits

The shares of PepsiCo. Inc. began to rise before the opening of the U.S. market after the company's third-quarter profit increased to 2 billion USD (1.25 USD per share). These...

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Bonduelle sees a significant growth in revenue

Following of the stagnation of the past two years, Bonduelle Central Europe Ltd. is finally facing a revenue of 25 billion HUF which means a 20-25 percent increase in the...

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Four million forint fine for Tesco

Tesco Global Zrt was fined by the Pest County Consumer Protection Board: a sum of 4 million HUF must be paid for failing to appropriately indicate the prices of tobacco...

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