Company and Personal News

Record in number of visitors, and in revenue on the Sziget Festival

According to the report of econet.hu a record number of visitors (390 thousand) took part on the festival. Despite the decrease in sponsorship revenues, Sziget closed with a 150 million...

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Deloitte earlier this year also gave the Green Frog award

Deloitte Hungary this year also presents, the Central European Environmental Report Award, in its popular name, the Green Frog Award. The prize will be awarded to the companies, which will...

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Loss in the first half year at Danubius

The Danubius Hotel and Spa Nyrt. has reached a 1.3 billion HUF pre-tax loss in the first half of 2009. In the same period of last year its pre-tax profit...

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Tesco leaks into the Chinese market

In September, Tesco will open a store in an another Chinese city; in Ninghai. Tesco was athe last chain which appeared in China in 2004 and currently operates only 73...

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Schlecker will take over 71, from the stores of the Woolworth chain

German Schlecker network, which has businesses in Hungary will take over one-fourth, 71 from the stores of the bankrupted Woolworth chain of stores. The Woolworth Deutschland, which bankrupted in April,...

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Tokaj Merchant House should stay in long-term state ownership

The Management of the Tokaj Merchant House Ltd. (TK) would like that it would be a rule that the most important wine company of the historic wine region would remain...

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Tesco: action in honour of the Hungarian state foundation

From 14 to 27 August 200 well-known and popular fresh and dry Hungarian products will be brought into light in all Tesco stores of the country, during the period of...

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On of Aldi’s CEO waved goodbye

One of the most important British leader Paul Foley, who was in charge for Great Britain and Ireland at Aldi unexpectedly left the company. According to analysts Sainsbury's and Asda’s...

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Wal-Mart: nearly three and a half-billion profit in the second quarter of 2009

The world's largest retailer, Wal-Mart Stores Inc. achieved a 3.44 billion USD, 88-cent per share profit in the second quarter of 2009. The result is almost the same as the...

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The water content in meat is five fold

Instead of the usual 2-3, but not more than 5 percent water content, 24.4 percent water was found in 80 tonnes of pork, of Kapuvári Meat Ltd. purchased by the...

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Arabs would also buy chicken of Békéscsaba

A company which exports on Arabian markets interested after Barnevál, the poultry processor of Békéscsaba, but specific bid has not yet arrived. If there will not be a buyer for...

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Nestlé’s profit decreased

The world's largest food industry group, Nestlé achieved 5.071 billion Swiss francs, after tax profit in the first half of the year, which is 2.7 percent decrease compared to the...

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Unilever intensifies the production of ice cream

Unilever Group intends to increase its Central and Eastern European ice cream producing capacity. The factory of Veszprém can also took a part in it. The Unilever group would build...

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Tesco: Energy from expired meat

According to the plans of British chains of stores, around five thousand tonnes of expired meat unfit for consumption would be burned. It would be enough to power six thousand...

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Agricultural finance will stall on commercial banks

According to the Agricultural Chamber; the lack of credit is a risk to agriculture and using of EU aid and investments. Roughly 50 billion HUF is available from the source,...

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New shopping mall opens on 10 hectares

Zala Park will open on 27th August on 17 800 square meters with a total of 25 businesses. The investment has an area of 10 hectares and in the future,...

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IKEA actions

The renewed IKEA on Örs vezér Square waiting its customers from 10 am to 10 pm on 13th August. The Budaörs store operates the same opening hours. The Swedish-owned chains...

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New Commercial Director at Saga Foods Ltd.

From 10th August 2009, Vajdahunyadi Csaba (45) leads the Saga Foods sales team.  The expert who has MBA graduate, started his professional trading career as the regional representative for Procter...

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McDonald's: Increasing turnover and share price

In July, McDonald's continued to rise its revenues. Thanks to the increasing demand for hamburger and coffee, the company's sales increased by 4.3 percent, which exceeded the expectations of analysts....

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The creditors of FoodExpress can only get the fraction of their claims

Thirteen creditors with a total value of 823 million HUF submitted a claim on the liquidation of the Food Express, Hungary (FEH) Ltd. until deadline – reports the liquidator Csabaholding...

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Due to a dispute the production of Szobi Syrup can not start

According to the new owner; at the Szobi Syrup Ltd., production still can not restart due to a dispute, even though the plan for this year was a turnover of...

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Levegő Munkacsoport will not start a lawsuit against the shopping mall

Referring to the interest of the local residents, the Levegő Munkacsoport withdraw from the lawsuit against the Köki Terminál shopping centre. The green organization stressed that, after a long consultation,...

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Pándi cherry cake of Zilah coffee-house became the Cake of the Country

The Industry College of Hungarian National Confectioners greets Hungary on its Birthday with Pándi cherry cake. For three years, on 20th August, in the course of the Prime Minister's Office...

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Tesco Express opened in Angyalföld

A new Tesco Express store opened on 7 August in Budapest at Béke u. 13-19. in the 13th borough. The Tesco chains of stores has already 10 new format shops...

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Auchan can expect a serious punishment in Russia

Retailers have accused the French-owned chain of stores, with violating several rules, when started to sale own branded vodka on the market. The Krepost branded Auchan vodka is advertised by...

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Dreher and Alcus: service-oriented communication platform

Instead of periodic communication Dreher built a communication platform. This year Dreher not only supports Sziget Festival with the brandname Dreher but with www.annyiavilag.hu products. Arcus Interactive Group set up...

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Tesco operates transparently

Tesco had been put on the list, which collects the most transparent domestic companies. The chains of stores is in the 12th place in the ranking. With this result, Tesco...

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School catalog of Interspar will be published again with wide selection

The Interspar store this year will help product selection with school catalog, which will be valid from 13 August 2009, until 9 September 2009. More than a thousand school supplies...

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Dreher: online questionnaire about responsible alcohol consumption

According to the results of the Online Program research of Dreher Breweries Ltd.; The most important thing is the individual temperance and education within the family. Nearly 5,000 adults took...

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The Report of Carlsberg caused a positive surprise

Danish Carlsberg’s second quarter net profit increased to 1.94 billion korunas (375 million euros) from the one year earlier 1.42 billion.The result significantly exceeded the 1.6 billion korunas expectations of...

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