Company and Personal News

Great Wal-Mart report

Beyond the expectations of analysts, Wal-Mart's preliminary results reports of 0.84 USD per share profit. Revenues meets the expectations. The management increased the company’s profit expectations for this year, predicting...

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The 400th SPAR store in the store of today

SPAR Group’s 400th business opens at a legendary place, the former site of “Budai Skála”. The new store expects customers, and those who consume less and choose more rational than...

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Consumer rush Budapest's newest mall

Costumers in thick lines were waiting in the pouring rain, for the opening of Budapest's newest mall, the Allee on 11th November at 11 o'clock. Among the five large shopping...

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The third-quarter profit of Henkel increased by seventy percent

The German retail consumer goods manufacturer Henkel's profits increased by 70 percent in the third quarter of 2009, thanks to lower restructuring costs. According to the preliminary datas Henkel’s third...

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New Allee will open 11th November

This year’s, only handovered shopping and entertainment center, the Allee will open its gates on 11th November at 11 hours and 11, in Óbuda. Among the 140 shops, customer service...

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Henkel won prize

Henkel Laundry & Home Care business unit won prize, with its excellent supply chain work. Boston Strategies International awards this recognition, to companies operating at the general industry area. The...

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New Electro World will open in the Allee shopping center

The eleventh Electro World store will open on Wednesday in the Allee shopping center. The network has new owners since may, which will increase the number of units by three...

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Hungarian Trade Grand Prize for the staff of Metro Commercial Ltd.

Köbölné Németh Margit got Grand Prize for Hungarian Trade from Demján Sándor, Chairman of the Entrepreneurs and Employers National Association of Trade. Köbölné  got the prize, in recognition of her...

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One billion development in the cheese factory of Kacsóta

Until the end of the year even one hundred people may work in the cheese factory of Kacsóta after a three years break, where an enormous development has been occured....

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The Eckes-Granini Group’s Board of Directors visited Hungary

The Eckes-Granini Group held its General Assembly Meeting in Siófok. Hungary has been chosen because Sio was the group's first ever international investment. The visit aims to acquaint themselves with...

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The commercial manager of Szentkirályi received high level of recognition

Csikesz Csaba commercial manager of Szentkirályi Mineral Water Ltd. was awarded by the “Grand Prize for Hungarian Trade” on the fifth European Day of Commerce.  Csikesz Csaba started his career...

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Kraft became “hostile”

According to Reuters’ sources; Kraft will take an officially hostile 10.2 billion pounds takeover bid, after Cadbury rejected Kraft’s former acquisition steps. The British company ,two months ago rejected the...

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Hungarians helped tens of thousands of African children

As a result of the 3-month program of Procter & Gamble, more than 1 300 000 liters of clean, drinkable water, was “gathered” with contribution of Hungarian consumers. The main...

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Tesco Express opened on Rákóczi Road

On Friday a new Tesco Express store opened in the 6th district of Budapest, under 20 Rákóczi Road. With this store 16 new format Tesco shops are across the country....

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SPAR free from product family: solution for the gluten-and lactose sensitives

Those who suffer from gluten sensitiveness and lactose intolerance Spar’s new product family the Spar free from, offers a solution. The sensitivity to gluten and milk sugar inflict high social...

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Otto acquired the Russian business and brand rights of Quelle

The German Otto mail order company took over Quelle’s bankrupted Russian business. The transaction significantly strengthens and provides Otto’s market leading position in Russia. Otto also assured the usage of...

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Better than expected third quarter for Unilever

Unilever’s third-quarter net profit decreased by 36 percent to 1.05 billion euros and 36 cents per share on an annual basis, – analysts expected only a 997 million profit –...

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The Romanian turnover of Metro Cash & Carry decreased

The turnover of Romania's largest commercial chain, the Metro Cash & Carry dropped significantly in the first nine months of the year. The company realised 1 billion euros less revenue...

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New CEO at Kékkúti Mineral Water

From the 1st September 2009, Henrik Gotterbarm is the new CEO of the market leader mineral water bottler, Kékkúti Ásványvíz Zrt. The German professional has been working at Kékkúti Ásványvíz...

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Marks and Spencer starts selling branded foods

According to the communication of the clothing chain; Marks and Spencer starts distributing food and household goods in its UK stores in the future, such as Kelloggs cereal, flakes Coca...

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Csányi Sándor bought Herz

The Bonafarm Group which is the food industry portfolio of Csányi Sándor OTP Bank leader, bought the equipments of the Herz Salami Factory, after the Bonafarm Group made the best...

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The cheese factory in Kunszentmárton produces again

The Hungarotejfeldolgozó Co. and Csabatáj Zrt. would like to appear in the Hungarian and foreign markets with a special product – announced the new owner of the plant at a...

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Nearly ten thousand dismissal at Johnson & Johnson

Nearly ten thousand people could be affected by Johnson & Johnson health-fresh cosmetic company's announcement, that due to cost-cutting programs, 7 percent redundancies are planned. The company aims to improve...

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Indignation about the 1.6 billion support of Datész

A number of agricultural and food companies became indignant, that Datész Zrt. achieved state sources. According to the farmers; an EU investigation should be needed, but they will not necessarily...

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Auchan: the biggest warehouse lease of the year

Auchan Magyarország Kft, concluded the largest warehouse transaction of the year, at the end of September. The expansion of the company's logistics area has been occured in the recently completed...

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Gallicoop built their own wastewater treatment

The Gallicoop Turkey Processing Zrt. built its own wastewater treatment in Szarvas, due to environmental and economic considerations. The water does not leave the site area and reduces the city’s...

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New Member of the Board at Metro Commercial Ltd.

According to Metro’s press release; Dávid Gábor will join to METRO Commercial Ltd, as customer management director, and also a member of the Executive Board from the 1st of November...

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U.S. retail sector may be in trouble

U.S. CIT Group could not avoid bankruptcy protection, even after several months of fight. The 101-year old company offers credit mostly to small and medium-sized retail companies. The company stressed...

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Another new Penny Market opened in Debrecen

Penny Market opened its second store on 29th October 2009 in Debrecen. Sixty-five percent of the product range of the unit comes from Hungarian suppliers. Penny Market, which present itself...

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Zwack liqueur consumed less-than-expected in the U.S.

The Zwack Unicum reached 1.257 billion HUF after-tax profit, in the first half of the 2009-2010 business year, which is 20.1 percent less than of the base period – reports...

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