Company and Personal News
Starbucks to introduce an espresso machine
Date: 2012-03-27 12:05:11
The U.S. coffee chain Starbucks is attacking the market position of Nespresso. The company has announced that before the summer they will launch a high pressure espresso machine: the Versimo....
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Management Board of Praktiker AG asks noteholders for a reduction of the interest rate
Date: 2012-03-27 11:13:56
To support the company’s ongoing restructuring process – as already envisaged with the publication of the restructuring programme end of November 2011 –, Praktiker AG is asking the holders of...
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Tesco in co-operation with Wonderduck Agency
Date: 2012-03-27 10:55:07
Wonderduck Agency is one of the winners of Tesco's Hostess Agency Tender. The co-operation started on 1st March 2012 and will be closed on 31st December 2013....
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Henkel develops reworkable underfill
Date: 2012-03-27 10:49:29
In today’s electronic devices such as smartphones there are numerous complex engineering components. Expanding on its portfolio of advanced underfill materials, Henkel has developed Loctite UF3810, a new underfill technology...
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The EU and national competition authority also examine the Auchan, Cora acquisition
Date: 2012-03-26 12:35:29
The Competition Authority (GVH) does not decide it yet to ask Brussels for the right of authorization in the Auchan, Cora acquisition. The domestic subsidiary of the French Auchan announced...
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Unicum Plum: a novelty from Zwack
Date: 2012-03-26 12:20:48
At Hungary's first bitter master course, Zwack Sándor presented Unicum’s latest product the Unicum plum. The beverage specialty is a real world novelty. It is the first herbal liqueur, which...
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Auchan can be profitable in 2014
Date: 2012-03-26 12:10:17
Auchan Hungary Kft. closed last year with a 7.6 billion HUF loss, due to the significant tax burden, and the high amortization, but if the crisis tax will be terminated...
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Abraham hams by Zimbo
Date: 2012-03-26 11:06:49
From January 2012, Abraham-hams from Germany are being distributed by Zimbo Perbál Ltd. in Hungary. The brothers Rolf and Jürgen Abraham founded a ham smoking company in Moisburg near Buxtehude....
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Tesco is looking for new regional suppliers in Szolnok
Date: 2012-03-26 10:56:47
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 Szolnok, on...
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Tesco's food safety practices meet the food safety standards
Date: 2012-03-23 12:06:29
Official controls were initated in connection with Tesco’s meat treatment practices, because of the news heard in the media, but the controls did not reveal any abnormalities in the controlled...
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Johnny Walker leaves Kilmarnock
Date: 2012-03-23 12:00:01
Kilmarnock was in shock on Wednesday morning with the bombshell news that the Johnnie Walker plant is to shut with the loss of 700 jobs. The devastating news was broken...
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Scottish tea export to China
Date: 2012-03-23 11:09:44
A businesswoman exports tea from Scotland to China tea, which seems carrying water into sea. Tea is a Chinese invention and has five thousand years of history in the Asian...
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McDonald's: Don Thompson will replace Jim Skinner
Date: 2012-03-22 12:10:25
A leader change will occur at the world's largest fast food chain. Jim Skinner, leader of the chain retires in July – announced McDonald's. Chief Executive Jim Skinner will retire...
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Pasta factory opening in Verpelét
Date: 2012-03-22 12:00:46
A specialized, frozen, stuffed pasta factory is being manufactured in Verpelét, with a base area of 5400 square meters. The factory by Asiafood Ltd. is going to start operating on...
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New City SPAR in the city centre
Date: 2012-03-22 11:26:51
The eight City SPAR store has opened its gates the city centre of Budapest on 22nd March 2010, at Vértanúk tere 1. The first City SPAR store has opened in...
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The meat plant in Debrecen remains closed
Date: 2012-03-21 12:33:14
After several months of agony, now both sides see that all efforts to restart the meat plant in Debrecen may be unsuccesful – Hajdú-bihari Napló wrote on Wednesday. Szűcs Viktor,...
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Deutsche Bank does not invest in food
Date: 2012-03-21 11:33:10
Deutsche Bank stops the issuing of investment products, backed by important agricultural or food products. The bank wrote in its report on responsible corporate behavior, that this year they will...
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Metro has increased the number of its stores
Date: 2012-03-21 11:31:07
Last year, the Düsseldorf based Metro Group’s sales decreased by 0.8 percent to 66.7 billion euros, its after-tax profit decreased by 2.1 percent to 741 million euros. To the results,...
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Card reader connected to Smart phones from PayPal
Date: 2012-03-21 11:30:10
PayPal’s new service, the PayPal Here application allows almost any kind of payment management services for small businesses. The smartphone can be the formed into a full-featured credit card terminal....
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Liquidation proceeding was launched against the Magyar Tejtermék Kft.
Date: 2012-03-20 12:15:33
Liquidation proceeding was initated against the Magyar Tejtermék Kft. (previous name: Tiszatej Kft., before 2011) The company which was profitable earlier, accumulated significant losses in 2010. The company had a...
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Trigránit will not withdraw from Russia
Date: 2012-03-20 12:10:49
The Trigránit group is not withdrawing from Russia, but the planned investment in Moscow will not be accomplished – confirmed Lovas István, country director of the Trigránit group, chief executive...
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Starbucks establishes a juice bar-network
Date: 2012-03-20 12:06:47
Starbucks opened the first unit of its juice bar-network on Monday. The store, named Evolution Fresh, awaits its guest in Bellevue, WA, four months after Starbucks purchased the Evolution Fresh...
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Retail giant plans to close stores
Date: 2012-03-19 13:08:39
The U.S. retail giant Sears plans significant cost reductions. In the first half of this year, the company intends to implement the closure of 62 stores out of its 4010...
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Henkel published its 2011 sustainability report
Date: 2012-03-19 12:30:31
The contents of the Report reflect the Henkel relevant and material challenges of sustainable development. The selected topics include the results of our continuous dialogue with a large circle of...
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Nestlé’s Diósgyőr-based plant manufactures Easter chocolate figurines for twenty countries
Date: 2012-03-19 12:15:29
About 1,300 tons of Easter chocolate figurines were produced for this year's Easter season at Nestlé’s Diósgyőr-based plant. 80 percent of this quantity – more than two billion HUF worth...
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Innovation at PayPal
Date: 2012-03-14 12:08:56
PayPal’s management has unveiled the plans for the transformation of the portal. The popular site becomes a device and platform free electronic payment site. PayPal’s management plans that the fully...
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Szenna-Pack would continue production after bankruptcy arrangement
Date: 2012-03-14 12:08:20
Szenna-Pack’s new owner, the Irish Ardagh Group is already preparing for the production and in addition to the previous 120 workers, they are calculating with the recruitment of 180 new...
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Wizz Air has a new destinatin from Budapest
Date: 2012-03-14 11:52:34
Wizz Air announced it would add direct flights between Budapest and Varna (Bulgaria), Palma de Mallorca and Milan to its summer timetable. Wizz Air will fly to the destinations from...
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Fresh and easy to work with – the advantages of vegetable boxes
Date: 2012-03-14 09:00:07
The vegetables are seriously checked at all stages of the production process. Between harvesting and processing only a few hours tahe place, so the finished product retains the flavor and...
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Agárdi Pálinkafőzde's number one expert receives state award
Date: 2012-03-13 10:43:28
Tibor Véres from Agárdi Pélinkahouse has received a special state award (the Silver Cross) from Sr. Sándor Fazekas, minister of rural development. The expert was also the brewer of the...
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