Company and Personal News

Zs. Szőke Zoltán became the president of the ÁFEOSZ-COOP Association again

The ÁFEOSZ-COOP Federation, elected Zs. Szőke Zoltán as president again for a further 5 years at its meeting on Wednesday. The ÁFEOSZ-COOP Federation, is the advocacy alliance of the largest...

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Kőröstej: Hungarian cheese company on the Arab markets

The Lebanese-born Riad Naboulsi, owner of Kőröstej began trading twenty years ago, now manages a cheese factory worth nearly two hundred million HUF. The company is taking the majority of...

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The largest Hungarian paint manufacturer organizes a new retail chain

The largest Hungarian paint manufacturer, the Poli-Farbe Kft. organizes a new retail chain under the name Pannon Festék Hálózat (Pannon Paint Network) trying to provide future to its largest purchasers....

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NIVEA Pure&Natural won an EFFIE-award

EFFIE-award is a worldwide-known award by the marketing and communication trade. This year, the marketing campaign of Beiersdorf's NIVEA Pure&Natural has won an EFFIE-award....

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Praktiker's results declined in the third quarter

Praktiker's sales revenue rate decline slowed down in this year's third quarter, while the operating profit without off items reduced in a  much greater extent than in this year's first...

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The new cellar of the Takler winery was handed over

Takler winery's new cellar and wine storage were handed over on Tuesday. The developments were created with a nearly three hundred million HUF investment, half from EU fundings. The new...

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Kométa launching 2 billion HUF investment

Kométa 99 inaugurated a 2 billion HUF salami curing plant and a renovated slaughterhouse at its base in Kaposvár. CEO Giacomo Pedranzini pointed out that the company had made investments...

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Tesco: the police investigation in Gyál does not affect company employees

The police action in Tesco's logistics base in Gyál did not affect company employees – said Tesco Global Stores Inc. on Wednesday to MTI, in reaction to the article of...

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New salami ripener and cutting lines were handed over in the meat plant of Kaposvár

New salami ripener and cutting line were handed over in the meat plant of the Kaposvár-based Kométa '99 Zrt. on Tuesday. The nearly two billion HUF worth investment was handed...

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The operator of the Gusta sweet chain may be liquidated

The Csemege Plusz Kft. operataing eight stores, produced more than two billion HUF revenue two years ago, but this year eight liquidatation proceeding were initated against them. The company was...

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Liquidation proceeding was launched against Electro World

The Electro World Magyarország (EWM) Kft.has not succeeded to achieve bankruptcy protection, the Pest County Court initiated a liquidation proceeding against the company – told the gazdasag.hu site to MTI....

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Békési Pálinka Zrt.: the revenue of the previous years is expected

Békési Pálinka Ltd. is expecting a revenue of 500 million HUF because this year's economic outlook is rather positive – owner of the company Zoltán Békési pointed out. He also...

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EFFIE-award going to SPAR's POS campaign

The so-called Oscar prize of the Hungarian commercial and marketing trade is the 10th anniversary EFFIE-gala, where the POS campaign of SPAR Hungary Ltd and D'arcy Avenue has won a...

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Nestea Winter Plum is back

NESTEA is bringing back the old, popular beverage Nestea Winter plum for the winter season. The reason why this edition is special because it can be drank cold or hot,...

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Brands.hu doubled its sales

The community webstore brands.hu has gathered 600 000 reistered users throughout the past three years, giving home to 300 brands. The traffic of this year is expected to be the...

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Tesco opens additional stores in Slovakia

The British Tesco retail chain, which has 101 stores in Slovakia,  calculates with the opening of additional 8 stores in the country. Tesco is operating in the Slovak Republic since...

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Browse Tesco Catalogue on your smartphone!

Tesco created a smart phone application: the program helps in shopping, and even shows the nearest store. By downloading AppStore's most recent free application, the most important product categories and...

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SABMiller sells its Russian and Ukrainian business branch to a Turkish beer manufacturer

SABMiller agreed with Turkey's Anadolu Group, and with its Istanbul-based beer interests (Anadolu Efes), to give the Russian and Ukrainian beer business branch to the latter. The world's leading beer...

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Good results from McDonald's, shares on historical peak

According to McDonald's quarterly flash report;. revenue and profit slightly surpassing analysts' expectations. After the release of the quarterly numbers, the company's shares were in 2 percent plus, rising to...

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EBay's revenue increased by one third

eBay reported over revenue and profit growth in its quarterly flash report. Although the price of eBay declined after the management expectations disappointed the investors. More than 30 percent revenue...

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New Fa Sensual & Oil productfamily

September 2011 sees the launch of the new Fa Sensual & Oil productfamily which is a pure and natural set for customers of all ages....

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The Lipóti Bakery can be Europe's best company

The Lipóti Bakery has been included among Europe's 10 best companies at the European Business Awards. The competition finals will be in November. The top ten was selected out of...

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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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