Company and Personal News

Fitch rated Kraft BBB minus

The Fitch credit rating, changed the rating of U.S. confectionery group the Kraft Foods ratings from BBB to BBB minus, after the purchasing of Cadbury. Fitch explained that Kraft’s Pro...

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Signature collection for the re-launch of Sciennet

Sciennet’s loyalty community want to restart the system, with a pleading signed by the members. After difficult two months of waiting, the time has come to help the work of...

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Margitszigeti Crystal Water disappears

The Margitszigeti Crystal Water disappears from the shelves of shops, because Pepsi’s Fővárosi Ásványvíz és Üdítőipari Ltd. will bottle the crystal water from Albertirsa. The company retains the "Kristályvíz brand...

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Half a million HUF worth ham in London

The World’s most expensive Ibérico ham costs 1800 pounds (547 thousand HUF). The ham can be found in one of the most popular London store, the Selfridges. The more than...

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Kraft Foods has won the struggle for Cadbury

Cadbury has adopted by the U.S. confectionery giant for a 18.9 billion USD bid, despite the fact that the company had fought for weeks against Kraft’s hostile manoeuvres. The 186...

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SPAR supermarket modernisation continues

The SPAR Hungary Ltd. completed the redesign in 2009, on the 174 stores of the Plus network taken over in 2008. The stores opened again as SPAR Supermarkets. The biggest...

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The Bonduelle would acquire France Champignon

The Bonduelle Group and Butler Capital Partners announced, that negotiations are taking place, over the purchase of the France Champignon group. As the result of the 1997 fusion of the...

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METRO’s website renewed

METRO’s website the http://www.metro.hu was given new look and occurs with new features from the 18th of January. Thanks to the innovations, the appearance of the site, the novelties in...

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Csányi’s company purchased feed manufacturer

The Competition Authority (GVH) granted to the CSIM Pte. Ltd belonging into the interest of Csányi Sándor to buy the Tendre Ltd. dealing with animal feed. The CSIM is a...

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Tesco denies, that its Ózd unit sinks

The Tesco Store of Ózd will not be closed – states Hackl Mónika, head of communication at Tesco. According to the news spread in Ózd, the mall is constantly sinking,...

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Metro has fed up with price war

Metro retail chain's leader demands the cessation of increasing price reduction war in food trade. According to Eckhard Cordes; the price war is contrary with the original intention and has...

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NetPiac.hu was annexed

According to the agreement between the Bookline.hu and NetPiac Ltd., the NetPiac.hu online store will be absorbed into Bookline.hu’s own web store and will take over the operation from the...

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Diego Bevilacqua joins to the METRO Cash & Carry International team

With the appointment of Diego Bevilacqua, the company's international team expands with a new Customer Marketing Leader and the German METRO Cash & Carry will further strengthen its customer orientation....

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Sunflower instead of beer

Already this year, a Belgian group can start the production of high oilacid sunflowerm, in the building of the former brewery, in Komárom. It is planned, that every year, 20...

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Hershey can buy Kraft Foods

The Hershey can make a bid of 17.9 billion USD next week, for British Cadbury, baffling the buying intentions of Kraft Foods. The Hershey will finance the acquisition partly by...

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German raid because of cartel of suspection

The German Federal Cartel Office raided at 11 German retail companies and at 4 manufacturers, due to the suspicion of illegal price coordination. Raid took place at the largest German...

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New Persil sensitive skin products

The consumers with sensitive skin have high expectations for the products used for washing up. The clothes are continuously in contact with the skin, so detergents should be skin-friendly. Henkel’s...

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Henkel brands are the official suppliers of the Dakar Rally

Two Henkel brands (The Loctite ® and the Teroson) was elected as the official supplier of the Dakar Rally for the sixth year. The most sensational rally race of the...

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Giants’ struggle for costumers

Deloitte made the ranking of the most powerful commercial chains. The great surprise is that Tesco slid down from the podium. The British Tesco was overtaken by the German Metro...

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Cartel suspect – Metro is under investigation

The German Cartel Office put under investigation several trade and production chains, because of the suspicion, that they coordinate their prices. The Metro is one of the companies, that are...

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Green warehouse from SPAR: environmentally friendly solution without fossils

At the planning and construction of the Spar warehouse in Üllő, environment protection was a priority as part of the company's basic philosophy. The energy-efficient solutions in the warehouse, serve...

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Defibrillator in the kayak-canoe boathouse

In the Spari kayak-canoe boathouse, situates in the Lágymányosi-bay, one can find defibrillator from now. The Henkel Hungary Ltd. – as 11th District firm – purchased two defibrillators. Annually the...

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New owner for the half of Allee

ING Real Estate Development and Allianz Real Estate Germany GmbH signed an agreement on the selling of the 50 percent share of Allee shopping center in Budapest. The transaction worth...

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METRO’s turnover decreased in 2009

Last year, METRO Group’ turnover was reduced, particularly because of the negative currency effects. On the basis of the company's preliminary datas, the revenue decreased by 3.6 percent to 65.5...

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A good Christmas for Tesco

Tesco had the best Christmas season over the past three years, despite the crisis. The world's fourth largest retail network increased its turnover by 7.5 percent, in the three weeks...

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BKV’s Public Transport strike affected badly CBA

The traffic in CBA outlets decreased on Tuesday, due to the impact of the Public Transport strike, while in Spar stores did not cause a reduction. More consumers were in...

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Cadbury continues to reject Kraft Foods

According to the announcement of Cadbury Confectionery made on 12th January 2010; the company's 2009 results became significantly better than expected. The company's revenues increased about 11 percent, the company's...

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Metro overtakes

The German wholesale chain overtook Tesco in 2008 and became the world's third largest trader behind Walmart and Carrefour. According to the study of Deloitte and Touche; Metro sold goods...

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Mediobanca supports Ferrero in the fight for Cadbury

According to Italian newspaper Il Messaggero; The Mediobanca commercial bank will organise a 4.5 billion USD loan for Ferrero, in order that the Italian chocolate manufacturer can make an offer...

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The hundred HUF Meatballs returhed to IKEA stores

From the 11th of January 10 pieces of Swedish Meatball with garnish and sauce will cost 100 HUF for a month in the IKEA stores. Last year a similar campaign...

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