Company and Personal News

Lidl already has 130 stores

Lidl is one of Germany’s ten biggest food retailers and owns one of Europe’s biggest food discount store chains, with more than 2,700 stores in 23 countries. Lidl’s sales declined...

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Reál deals with its most prestigious stores highlightedly

Last year brought serious challenges for food retailers but Reál managed to keep its customers and to maintain sales. Reál opened several large floor space stores last year and modernised...

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SPAR Hungary is 20 years old

SPAR Magyarország Kereskedelmi Kft. celebrates its 20th birthday this year. The group opened the first store in Tata in 1991. SPAR Hungary’s annual consolidated turnover was HUF 381.32 billion in...

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CBA concentrates on developing Príma and Cent stores

Despite the difficult economic environment CBA managed to increase sales in 2010, by HUF 7.5 billion to HUF 555 billion. The chain has the highest number of units in domestic...

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Last year was a successful one for Tesco

29 new stores, the launch of the Clubcard and innovation serving the demand of customers – these were the milestones of Tesco’s successful 2010 year. With the new stores Tesco...

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Hungarian wine-success in France

Tokaj Kereskedőház has been awarded with a number of oustanding prizes at this year's Challenge International du Vin wine-contest in France. HUngary has managed to collect 37 awards as a...

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New strategic leaders at Laurel

Fro the beginning of April, Laurel Group has two new strategic leaders. Attila Juhász (42) is a business development director who has previouséy worked for Hervis and Móta Ltd, and...

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Zubrowka in a new bottle

Starting from this April, the Polish vodka popular in Hungary, Zubrowka is available with an entirely new design. The externalities may be modern and crystal clear, but the content is...

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Nestle expands in China

The Swiss Nestle SA bought 60 percent stake of the the Yinlu Foods Group Chinese food company, in order to emerge market expansion of its instant food business. The family-owned...

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The luxury product manufacturer focuses on the Far East and Latin America

British Burberry is planning further expansion in the Far East – particularly in China and in Latin America. According to the company; in these regions, nearly a one-third increase occured...

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New coffeee machines at Aldi

After having opened the 75th ALDI store in Hungary, the company is expanding their stores with a capsule coffee machine – Tibor Székács, CEO of Aldi Hungary announced on 19th...

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Coop is prepared for new challenges

CO-OP Hungary CEO László Murányi summarises the state of play at Coop: ‘Despite economic recession Coop managed to hold on to its market position. In 2010 Coop Group celebrated the...

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Ultra’s new look

Traditional brand Ultra, which is well known for its Ultra Detergent Powder, Ultra Derm and Ultra Szavo products, returns with a new logo. Thanks to the new look, all products...

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Penta Group's meat-group acquisitions under investigation

An investigation has begun with the involvement of the stakeholders which will investigate the meat industrial acquisitions of Penta group in Hungary, and will – reports Kisalföld, referring to Jakab...

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Unilever Schwarzkopf and Henkel are also interested in the products of FARMOL Hungary Kft.

The Italian-based FARMOL Hungary Kft. built an aerosol and bottle manufacturing and filling factory in the Industrial Park of Nyírbátor, with a nearly one billion HUF investment. Trial work began...

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D+D Kft. under liquidation

The Pest County Court ordered the liquidation of D+D Kft., that is dealing with the wholesale of cereals. The Sülysáp- based company has difficulties, probably because of last summer's price...

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The investment of Pick Szeged Zrt. may be delayed

A land ownership impedes the realization of the investment of Pick Szeged Zrt. The company needs the outlying areas to be expanded, because its Szeged-based factories are in the city,...

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Futureal builds a mall in Poland

The Futureal Group and the Irish Caelum Development Group signed an agreement over the Gorzów Wielkopolski Nova Park project. 62 percent of the shopping center that will be opened in...

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Hungarian product on the shelves of a German drugstore

The hundred percent Hungarian product Linom has reached GErman customers: it will be available startating from May this year in 3000 outlets of Reformhaus drugstore....

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New requirements met by the greatest paper factory of Europe

Hamburger Hungária Ltd. is one of the greatest paper factory of Europe, and now they are commensurate with ISO 14001:2004 standards – the audit was carried out in March by...

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METRO won in two categories of “the most successful promotion of the year”

METRO Commercial Ltd. has won in two categories at Trade Magazin's “The most successful promotion of the year” competition, which took a closer look at the FMCG-sector's promotions between 1st...

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ALDI opened their 75th store in Hungary

ALDI Hungary has opened two stores in April: this way, there are 75 ALDI-stores in the country. The 74th outlet opened its gates on 7th April in Budapest in the...

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Nestlé: 20.26 billion Swiss francs revenue in the first quarter

The world's largest food company, the Swiss Nestle reported 20.26 billion Swiss francs revenue in the first quarter. This is 9.29 percent less, than the 22.34 billion of the first...

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Pál Sárközy signed his autobiography in CBA Príma Corvin

Pál Sárközy, father of French president Nicolas Sarkozy signed his freshly released autography Tant De Vi in the CBA Príma store located in Corvin Shopping Mall on Frriday 15th April...

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Diabette from Karamell

Karamell-Snack Kft. is a Hungarian-owned company that employs 170 people. Their products are probably more well-known than the company itself: it is enough to mention Diabette diabetic sweets, Ame countline...

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Double gold medals for grapefruit vodka

In 2011, for the third time since 2007, Finlandia Grapefruit won double gold medals and the title of the World's best tasting flavoured vodka at the San Francisco Worlds Spirits...

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Tesco is looking for new regional suppliers

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 Visegrád, on...

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Henkel takes over Purbond joint venture

The Swiss-based Purbond AG is now owned 100 percent by Henkel. Initially established as a 50:50 joint venture with Collano AG, also based in Switzerland, Purbond is a leading global...

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Debrecen-based Ave exports mineral water to China

Debrecen-based Ave fulfills the first major Chinese market order of 300 thousand pieces of mineral water. The company received marketing approval for China in May 2010. A Chinese trader and...

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Danone increased its revenues by twenty percent in the first quarter of the year

French Danone, the world's largest yogurt producer reported about better-than-expected first-quarter results on Thursday. The manufacturer of Activia, Actimel and a wide range of other products reached a turnover of...

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