Company and Personal News

Rauch will keep working with OMD Hungary

OMD Hungary will continue being in charge of Rauch's media-planning and -puchasing tasks in 2011, just like the company did in the past 12 years. Rauch launched its online and...

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Sió-Eckes targets 8-10% revenue rise in 2011

Hungarian fruit juice company Sió-Eckes targets revenue of HUF 19.5 billion-20 billion in 2011, up 8-10% from 2010, managing director Endre Fazekas told MTI. In 2010, the company's revenue fell...

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Tesco continues expansion despite crisis tax

Tesco considers the crisis tax unfair and deploys its foreign lobby power against it, but apart from this the company plans in long-terms and continues to expand in Hungary –...

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Rice-candy caused the death of seven people!

Seven people have choked to death and five others are in a serious condition after eating traditional glutinous “mochi” rice cakes to celebrate the New Year near Tokyo. The victims,...

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Generali. less damage, more compensations paid

Extreme weather-situations have led to an extreme compensations paid by insurance company Generali Providencia. This year, nearly 90 billion forints have been paid by the company, so far. The insurer...

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Hungarian Suzuki checking faulty Swifts

Hungarian Suzuki was forced to call back Swifts for controll produced between 1997 and 2002. Due to the rusting of the first dampers, wheelkeeper stubs might fall off, therefore the...

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Aeroviva published the reasons behind the bankruptcy

Aeroviva Ltd., the travel agency which announced bankruptcy last week, finally declared the reasons behind the decision. First of all, they pointed out that only half of the travlers they...

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Record fine imposed on fake wine

The Food Safety and Animal Health Directorate (MGSZH) of Bács-Kiskun County’s Agricultural Office, imposed 1.4 billion HUF fine on the Akasztó- based plant of Kiskun-Vin Kft., where almost 5 thousand...

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Magazine: Cable channels are stagnating, TV2 is getting stronger

Péter Kiss, TV2’s programme director is optimistic about the future as the expansion of cable channels was drawn to a halt and the biggest advertisers increased their spending, compared with...

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Tesco expands in the Czech Republic

Tesco expands its network in the Czech Republic with the purchasing of 128 smaller supermarkets if the company will receive the approval of the competition authority. The British supermarket chain...

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Coca-Cola focusing on a new market for non-carbonated brands

With the aim to strengthen its non-carbonated health drinks range, Coca-Cola India rolled out its ready-to-drink iced-tea brand Nestea in the Mumbai market. The newly launched drink will be made...

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A 60s sytle retro hypermarket was built

Off-site construction specialist and Portakabin subsidiary, Yorkon, has completed one of its most challenging and unusual projects for Tesco – a specially-designed 1960s-style supermarket for this year’s Goodwood Revival, the...

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Outrageous cigarette-advertisement banned

Cigirex, the electronic cigarette company, have had their national press advert banned by the Advertising Standards Authority (ASA) after breaching CAP Codes 3.1 (substantiation) and 7.1 (truthfulness). In the advert,...

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Magazine: Future embedded in the present

David B. Wood has been the commercial director of Tesco Global Áruházak Zrt. for 3 months. He started his career at Unilever, later worked for Kraft Foods and joined the...

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The respondents are satisfied with Tesco’s self-service cashier

Tesco’s self-service cashier is popular – shows origo’s impromptu “poll”. Hunagry’s first self-service cashier can be found in the Tesco, located between Fót the Dunakeszi. On the first weekend, more...

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Tesco’s recycling automaton recognizes the PET bottles even if they are squashed

Tesco has opened a returning center and a recycling point in the hypermarket of Budaörs at the end of November. The new service is operating with a Hungarian developed automat,...

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The first seven Hngya-outlets are open now

On 17th December 2010 at 3 pm in BUdapest 9 at Márton Str 18., the first HANGYA outlet opened its gates, and soon six other stores followed. Kincsem Hungária Szövetkezet...

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Tesco is expanding in spite of the special tax

The commercial special tax, did not change Tesco’s long-term development strategy – told Per Bank CEO to Figyelő, who considers the burden unfair. This tax is not fair and non-proportional...

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The new Econet subsidiary will provide loyalty card services

With the 51 percent share of the EST Media Group, that belongs to econet.hu Nyrt., the EMG Card Kft. has been established on Wednesday. The new company will create and...

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Tesco’s customers donated more than six million HUF

Up to date, more than six million forints were donated to the Advent fundraising campaign of the Magyar Ökumenikus Segélyszervezet by Tesco customers. This amount was collected with the gathering...

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METRO launched a charity program for kids

METRO Commercial Ltd. has launched a special charity show for young inhabitants of Velence-based Children's Home and Hűvösvölgyi hildren1s Home. The children got the chance to take part in creative...

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Frozen meat producer Matusz-Vad launches Romanian subsidiary

Győr-based frozen meat company Matusz-Vad Kft has set up a subsidiary in Romania with a Nagyvárad-based office as part of its new regional expansion program. Matusz-Vad had revenue of HUF...

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Snowfall and icy roads are threatening the retail of the UK

It might be, that the extraordinary snow will make the Christmas shopping in Western Europe impossible. In Britain for example, severe disruptions occurred in the transportation of goods, so the...

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DunaChem and EVM will keep working together

DunaChem and EVM Ltd. decided to continue their co-operation in terms of distribution, and they hope that their company will be able to produce a successful revenue in 2011. Here...

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Kométa supports children in need with special aid

The good old Santa Claus, on behalf of Kométa, personified by Tibor Hollósy, visited the Kaposvár-based education institute of Bárczi Gusztáv School, so that the company could offer a special...

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Two towns received direct support from Heineken Hungária

Heineken Hungária Ltd. has launched its charity program for the third time this year. The company running a brewery in Sopron and Martfű supported the inhabitants of the two towns:...

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Distributor-restructuring at the entire product-portfolio of Perfetti Van Melle

As a part of the optimatisation strategy of Perfetti Van Melle distribution, the entire PVM portfolio (Mentos, Mentos chewing gums, Chupa Chups, Center Shock) are going to be distributed by...

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McDonald's and Ikea is expanding in China

McDonald's and the Ikea Swedish furniture chain announced that in the next few years they will increase the number of their stores in the Asian country. McDonald's plans the opening...

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The Mars Hungary is “Really a Responsible Company”

MARS Magyarország was the only major company that received the Hungarian Public Relations Association’s “Really Responsible Company” prize. The diploma was handed over on the 16th of December 2010 at...

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Porsche Hungária expects sales of new cars to rise in Hungary 2011

Porsche Hungária expects the number of new cars sold in Hungary to rise from 53,000 in 2010 to 55-60,000 in 2011, PH managing director János Eppel informed MTI. Eppel said...

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