Company and Personal News
                    The FuturAqua acquired the majority stake in a beverage distribution company
                    
                        
																								Date: 2012-08-21 11:27:44
												                    
				
                The FuturAqua Ásványvíztermelő Nyrt. acquired a 60 percent stake in Human Goods Kft. which is the distributor of the Austrian Almdudler soft drinks in Hungary – FuturAqua announced on Tuesday...
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                    Green Brand Germany award given to dm's private label
                    
                        
																								Date: 2012-08-21 10:44:59
												                    
				
                Dm-drogerie markt's private label Alverde has received the prestigious „Green Brand Germany 2012/13” award, ackknowledging the brand's success to aim for sustainabuility and high quality. The award was given by...
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                    Emergency Scenario is being made for the Gyulai Húskombinát
                    
                        
																								Date: 2012-08-17 12:08:29
												                    
				
                The owner, the HAGE-NAGISZ Nádudvari Mezőgazdasági Vállalkozói Csoport is seeking for sources that can be rearranged from other companies of the HAGE-NAGISZ group to maintain the continuous production of the...
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                    Increased revenue and after tax profit at the world's largest commercial chain
                    
                        
																								Date: 2012-08-17 11:58:24
												                    
				
                Wal-Mart Stores Inc. reported a profit growth of 5.7 percent for the first quarter closed at end of July, while the company improved this year's profit forecast. Wal-Mart's after tax...
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                    The Biopackpro Kft. has developed a compostable packaging
                    
                        
																								Date: 2012-08-16 11:00:03
												                    
				
                The Biopackpro Csomagolástechnikai Projekt Kft. developed compostable organic packaging material from polylactic acid (PLA) in the scope of the New Széchenyi Plan (ÚSZT). For project implementation, the company won 421.25...
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                    Coop T-Systems' 1100 points security
                    
                        
																								Date: 2012-08-16 10:49:14
												                    
				
                The Co-op Hungary Zrt., which has the largest coverage among the domestic food chains in Hungary, renewed and at the same time also broadened its previous contract with T-Systems Magyarország...
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                    New Head of Department of the Customer Management, at METRO Kereskedelmi Kft.
                    
                        
																								Date: 2012-08-16 10:45:18
												                    
				
                In August 2012 Malika Mansouri joined the Metro team as the Head of Customer Management. Malika has started her Metro career in Italy in 2004 as category manager, later as...
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                    Lidl opened its 153rd store in Hungary
                    
                        
																								Date: 2012-08-16 10:44:37
												                    
				
                Lidl opened its 153rd store in Hungary on August 16, Monday in Gödölő Hungary, under Ottó Ferenc street 2-4. The store awaits its customers on 1,286 square meters with a...
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                    Nestlé’s former CEO expects a further rise in global food prices
                    
                        
																								Date: 2012-08-15 13:00:49
												                    
				
                Food prices are expected to increase further all over the world – told Peter Brabeck-Letmathe, Nestle chairman of the supervisory board, to an Austrian newspaper. After the food crisis of...
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                    POPAI POP competition is on again!
                    
                        
																								Date: 2012-08-15 10:54:43
												                    
				
                It is the third time that the POPAI Awards POP competition takes place, juried within the compass Business Days 3 days conference: any POP-dice creator can compete for the prize....
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                    Tesco launches a café chain in the UK
                    
                        
																								Date: 2012-08-14 11:25:22
												                    
				
                Tesco has teamed up with an upmarket London-based coffee shop to launch an ‘artisan’ café chain in the UK. The new chain, Harris and Hoole, is majority owned by a...
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                    Back-to-school offers in Tesco
                    
                        
																								Date: 2012-08-14 10:58:34
												                    
				
                Starting from 1st August 2012, a special set of special offer back-to-school programs have been launched by retail-giant Tesco in Hungary. Since most schools have different lists of needs, this...
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                    Famous Grouse aims to set record for world's largest whisky bottle
                    
                        
																								Date: 2012-08-14 09:58:31
												                    
				
                The Famous Grouse is making the record attempt to celebrate its 107th birthday. The 200-litre bottle, which will hold the equivalent of 8,000 drams, is expected to set a new...
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                    Rihanna “too sexy” for Nivea
                    
                        
																								Date: 2012-08-13 10:15:13
												                    
				
                So it comes as little surprise that Rihanna's advert for Nivea has been deemed too sexy to front campaigns for the skincare brand. The star appeared in a series of...
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                    9 m3 PET-bottles recycled at Sziget by Coca-Cola
                    
                        
																								Date: 2012-08-10 09:46:32
												                    
				
                Selective trash cans were introduced to the audience of Sziget festival quite a few years ago, with the help of the nonprofit organization called Zöldövezet. However, Coca-Cola is the first...
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                    Nestlé: steady momentum, full-year outlook confirmed
                    
                        
																								Date: 2012-08-09 12:00:38
												                    
				
                Sales of CHF 44.1 billion, 6.6% organic growth, 2.9% real internal growth Trading operating profit of CHF 6.6 billion (+ 6.3%), margin 15.0% (- 10 bps) 12.9% organic growth in...
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                    SPAR is getting ready for school with new products
                    
                        
																								Date: 2012-08-09 11:30:27
												                    
				
                SPAR Hungary has launched a wide range of high quality “back to school”-products with favourable prices in order to prepare for September. The school catalogue of SPAR is available from...
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                    Pumpkin seed oil mill built in Nemesvámos
                    
                        
																								Date: 2012-08-09 11:00:30
												                    
				
                With a nearly two hundred million HUF investment, a new pumpkin seed oil mill was built by Peiba Ltd. in Nemesvámos, in order to produce shell-less pumpkin seeds. The project...
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                    ProLogis European Properties leases 63,800 square metres of distribution space in Central Europe
                    
                        
																								Date: 2012-08-09 10:58:26
												                    
				
                ProLogis European Properties (Euronext: PEPR), one of Europe’s largest owners of modern warehouse distribution facilities, today announces that it has completed seven lease transactions in Central Europe, totalling 63,800 square...
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                    Olympic fever at Tesco
                    
                        
																								Date: 2012-08-09 10:48:56
												                    
				
                The retail chain got ready for the Olympics with a wide range of attractive offers, among many other things they have new favourable prices for sport devices, TVs and various...
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                    A clothing store caught fire in the Arena Plaza
                    
                        
																								Date: 2012-08-08 11:00:34
												                    
				
                A 500 square meter clothing store caught fire in the Arena Plaza on the ground floor on Wednesday morning. No personal injuries were reported – the spokesman of the Municipal...
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                    Zwack 378 million HUF after-tax profit in the first quarter
                    
                        
																								Date: 2012-08-07 11:45:52
												                    
				
                The Zwack Unicum Nyrt. in the first quarter of its 2012-2013 business year reached 378 million HUF after-tax profits, 184 million HUF lower, than a year earlier – the company...
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                    New marketing director at Tesco
                    
                        
																								Date: 2012-08-07 11:22:42
												                    
				
                Starting from 1st August 2012, the new marketing leader of Tesco is Judit Iglódi-Csató. The expert has been working for the retail chain since 2010 as the directory of marketing...
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                    Another compensation lawsuit started against the Four Paws
                    
                        
																								Date: 2012-08-07 11:14:53
												                    
				
                After the 553 million HUF worth compensation lawsuit of Hungerit Zrt. another company, the Hortobágyi Lúdtenyésztő Zrt. initated compensation proceedings against the Four Paws animal rights organization. The first trial...
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                    Tesco's sales grew in 2011, profits fell slightly
                    
                        
																								Date: 2012-08-03 11:15:15
												                    
				
                According to the report of Tesco Global Stores, published at the end of July the chain had a slight decrease in profit in 2011. Last year Tesco’s profit was only...
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                    Praktiker: little stores to come
                    
                        
																								Date: 2012-08-03 11:00:36
												                    
				
                There will not be store closures in Hungary, moreover Praktiker intends to open additional retail units – was said at the company’s press conference. There will not be store closures...
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                    Olympics Boost Adidas Earnings
                    
                        
																								Date: 2012-08-02 11:50:02
												                    
				
                Adidas spent a lot on the Olympics, and it looks like their strategy works. Unlike Nike and Puma the German sporting goods manufacturer has growing revenues and profits. Chief Executive...
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                    Porsche grants its supplier award to Fenthol & Sandtmann GmbH
                    
                        
																								Date: 2012-08-02 10:28:13
												                    
				
                Porsche AG, Stuttgart, has honoured its ten best suppliers of the past year in the Porsche Museum in Stuttgart Zuffenhausen. Borg Warner Turbo Systems GmbH in Kirchheimbolanden received the first...
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                    No serios violation of law at fishery check-ups
                    
                        
																								Date: 2012-08-02 09:45:45
												                    
				
                No significant violation of law was found by NÉBIH, National Foodchain-safety Authority, however they took action in 31 cases – the authority announced on Thursday. This was the second time...
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                    Losses, but increased revenues at Metro in the second quarter
                    
                        
																								Date: 2012-08-01 11:58:30
												                    
				
                Due to extraordinary expenses, losses occurred at Metro in the second quarter. According to the result published yesterday, Germany's leading trade company has a 28 million euros after tax loss,...
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