Company and Personal News
Nestlé sales decreased
Date: 2011-10-20 12:15:37
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
Date: 2011-10-20 12:14:31
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
Date: 2011-10-20 09:48:08
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
Date: 2011-10-19 12:30:43
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
Date: 2011-10-18 14:10:55
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
Date: 2011-10-18 13:16:39
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
Date: 2011-10-18 12:50:10
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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Nike closes several shops in Hungary
Date: 2011-10-18 12:30:41
In the forthcoming months several Nike stores are expected to be closed in Hungary. According to the informations of Pénzcentrum.hu; there are shops that are trying to sell only the...
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Tesco aims the furnishings market
Date: 2011-10-17 12:27:08
Tesco would conquer the Hungarian furnishings market – at least a part of it. The department store chain extends its range running under the F&F brand. Although there is no...
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The new Apple I-phone broke all previous records
Date: 2011-10-17 12:25:08
Apple's new I-phone broke all previous premiere records this weekend. Up to four million pieces could be sold in the largest markets. According to the informations of Világgazdaság the new...
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CBA takes over the operation of the units of Delikát Kft.
Date: 2011-10-17 12:25:08
The CBA Kereskedelmi Kft. takes over the operation of 19 units of its franchise partner, the Delikát Kft.. The Delikát Kft. is suspected with tax evasion. The CBA Kereskedelmi Kft....
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A CBA store burnt down in Pesterzsébet
Date: 2011-10-17 12:11:05
Sunday night, the CBA store in Kossuth Lajos Street, Pesterzsébet burnt down. 11 people had to be evacuated from the flats of the building of whom six residents were taken...
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Nestlé opens hypoallergenic infant formula factory
Date: 2011-10-17 10:57:45
Nestlé opened a new EUR 117 million (over CHF 149 million) factory in Germany dedicated to producing hypoallergenic (HA) infant formula. As an extension of the Company’s 106 year old...
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The chocolate factory of Salgótarján has burnt down
Date: 2011-10-14 23:38:55
The entire Christmas-candy collection was perished by fire at the chocolate factory in Salgótarján on Saturday, early in the morning. Luckily, no person was harmed, but the damage might be...
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Szamos Marcipán and the Tokaj Trading House came up with a common gift pack
Date: 2011-10-14 12:50:55
Szamos Marcipán, known for its famous chocolates and bon-bons and Tokaj Trading House, the largest winery of the Tokaji wine region launched a joint product – announced the companies. The...
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Fishing festival in the Hortobágy
Date: 2011-10-14 12:40:37
1500-2000 tons of fish caught off from the fishponds of Hortobágy this year – told Sarka Béla, Chief Executive Officer of the Hortobágyi Halgazdaság Zrt. to MTI on Saturday. At...
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Aldi and Lidl founders are among the richest Germans
Date: 2011-10-14 12:31:23
According to the latest estimates; the founders of Aldi and Lidl are still among the richest Germans – they could pay the whole debt of the Hungarian foreign currency debtors...
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Danone supports chronically ill children
Date: 2011-10-14 11:16:45
Danone's special charity program to support chronically ill children began on 3rd October this year and it is going to last until 13th November. The program has been helping kids...
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System Alliance Europe implements a new clearing system
Date: 2011-10-14 09:11:58
The 47 System Alliance Europe partners benefit from optimized invoicing and more process transparency. Following a two-year development period, CargoClear, a web-based clearing solution designed for the specific requirements of...
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House of Hungarian Tastes in the Coop of Gödöllő
Date: 2011-10-13 12:40:18
The first joint business of Coop and the House of Hungarian Tastes opened in Gödöllő. The Hungarian-owned supermarket chain sells the food products of domestic producers, in a “shop in...
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Bunge Zrt. is still the market leader in the edible oil market
Date: 2011-10-13 12:38:27
The company's Martfű-based vegetable oil factory maintained its market leadership in Hungary, despite the 6 percent fall of the the oil market. The company holds 70 to 75 percent of...
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Coop spent five billion HUF on IT
Date: 2011-10-13 12:35:29
Izsófalva, Borsod-Abaúj-Zemplén county has joined to the IT system of Coop as the thousandth unit on Wednseday 12 October. The store was built from two hundred million HUF employing eleven...
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Euronics opens new stores in the Corvin shopping Center and in the KÖKI Terminal
Date: 2011-10-13 12:33:17
The Veszprém-based Euronics-Vöröskő Kft. opens two 1,600 square-meter Euronics Mega stores at the same time tomorrow, so the company will have nine stores in Budapest and 65 across the country....
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Praktiker awaits its customers with culinary experiences
Date: 2011-10-13 12:20:12
Praktiker awaits its customers with beer and sausages in the second half of October. The culinary experiences will be completed with unique shopping action with 20 percent discount. In order...
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The OBI opened a store at the KÖKI Terminal
Date: 2011-10-13 12:12:17
OBI continues to expand in those rural areas where it is not present. The model for the developments will be the store at the KÖKI Terminal (Kőbánya-Kispest) – said Christoph...
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New leader at POS Media Célcsoport Hungary
Date: 2011-10-12 12:42:56
After having spent more than 10 years in the field of instore communications, strategic director of the company Péter Kovács is leaving “the board” with mutual agreement, and his tasks...
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Pepsi reported two billion USD quarterly profits
Date: 2011-10-12 12:19:14
The shares of PepsiCo. Inc. began to rise before the opening of the U.S. market after the company's third-quarter profit increased to 2 billion USD (1.25 USD per share). These...
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Bonduelle sees a significant growth in revenue
Date: 2011-10-11 12:35:54
Following of the stagnation of the past two years, Bonduelle Central Europe Ltd. is finally facing a revenue of 25 billion HUF which means a 20-25 percent increase in the...
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Four million forint fine for Tesco
Date: 2011-10-10 13:33:54
Tesco Global Zrt was fined by the Pest County Consumer Protection Board: a sum of 4 million HUF must be paid for failing to appropriately indicate the prices of tobacco...
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50 years old Auchan plants trees all across the country
Date: 2011-10-10 12:56:30
On the occasion of the Auchan Group's 50th anniversary 12 Hungarian Auchan stores planted a total of 600 native trees across the country for the benefit of nature and the...
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