Company and Personal News

Árukereső has a new owner

South African Naspers gained majority ownership in Hungary's largest consultant shopping portal ’Árukereső’. The 2004 founded Árukereső became Hungary’s market-leading price-comparison site. Under the agreement, the online shopping guide will...

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Henkel: declining sales, increase in profits

In the second quarter of this year, Henkel sales decreased by 5 percent to 3,485 million euros, while operating profits increased to 279 million from 113 million euros and after...

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Procter & Gamble: 80 cent per share in the last quarter

The Procter & Gamble, the world's largest manufacturer of household goods reported a decrease in the fourth quarter. But its results are still exceeds expectations. According to company reports that...

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Starbucks duplicates its units in Poland and in the Czech Republic

The American café chain, sees strong growth potential in Central and in Eastern Europe and wants to double the number of Czech and Polish businesses within five years. The first...

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MasterCard: credit card is popular during the crisis

Despite the difficult economic situation MasterCard Europe has reached a significant increase in many areas. In the second quarter of this year, MasterCard cardholders bought more with their card than...

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Pepsi purchased bottling plants

PepsiCo Inc. has purchased its two large bottling plants, the Pepsi Bottling Group (PBG) and the PepsiAmericas, (PA). The two companies have a total value estimated at 7.8 billion dollars....

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Hungarian subsidiary of poultry breeder Aviage expands its production capacity

According to the informations of World Poultry, the Hungarian subsidiary of the world's leading poultry producer is preparing to expand its production capacity. The company plans to build an another...

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Pernod Ricard: responsible alcohol consumption with the champaigne of Formula 1

The bid of G.H. Mumm champagne was closed last Friday. The 3 liter limited series bottle with the signatures of the podium finishers of the Hungarian Grand Prix was purchased...

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New Production Director at the Hungarian subsidiary of FrieslandCampina

Szász József became the new Production Director from 1st August 2009 at the Hungarian subsidiary of the world's largest dairy company, the FrieslandCampina. The 38-year old, has been working in...

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Moderate profit at Metro, after the lossmaking first quarter

The largest German retail network, the Metro AG reported a 48 million euros after-tax profit from the second quarter without minority shares, instead of the 453 million loss of the...

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Tesco introduces electronic shelf labels

Tesco Budaörs will introduce automatically updated shelf labels from 15 August. About 44 thousand shelf labels will be replaced in Budaörs. With this, Tesco will take place among the chain...

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Tesco is launching a large-scale starting school action

Tesco started its 'starting school' action. The chain of stores just like time last year, tries to easen starting the school year with extremely low pricess. In many stores teachers...

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Tesco Express stores opened in Óbuda and Csepel

Two Tesco Express stores opened on Friday in Budapest. The new format stores has much smaller business space but waiting the customers with selected product range, and the usual quality....

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INTERSPAR is the most popular shopping place Gyula

On the basis of the readers’ votes of the Gyulai Hírlap, the Interspar store became the most popular shopping place in the city. During the on-line research, the respondents assessed...

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Neslté – less sugar and salt

The entire population of Hungary could had a breakfast from the 75 thousand tonnes of cereal, that is thanks to Nestlé got to the dining table of families worldwide over...

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From September “Our school will win!” again

The children have taken the possession of the new playground of the Education Center of Marcalváros, which was realized from the main prize of the “Our school will win!” program...

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Cadbury tripled

The British confectionery company – which is Europe's second largest confectionery group – reported a 313 million pounds net profit in the first half of 2009, increased almost threefold last...

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The newest supermarket of Székely-land opened

The opening of the first discount store of Gyergyószentmiklós was surrounded by great interest. The discount store is the 76th Penny Market in Romania. "It has long been a need...

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Tesco advertises its stores to rent, on giant posters

Tesco advertises its stores to rent in its hypermarkets, in newspapers, and as a radical new technique on giant posters – reported Hackl Mónika spokesman of Tesco Global Stores Ltd....

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Tesco Customers May Soon Find Chickens at the Checkout Counter

Tesco, the world's third-largest retailer, is embracing the recession-inspired trend to “grow your own” produce by offering allotment spaces to rent in the U.K and selling live chickens. Tesco encourages...

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Health care organizations protesting against Tokyo beer

Health care organizations have expressed opposition yesterday, against the newest product of BrewDog brewery in Great Britain, because the brewery’s strongest product, contains twice as much alcohol than the recommended...

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Tesco sells than rents back its properties

The Tesco chains of stores, sells its properties for 63 million euros, and then rents them back in Hungary. Max Curtis, the Global Communications Manager of the company stated that;...

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eBay innovates on the online market

eBay implement a number of changes, especially to help traders who distribute large quantities of goods. Furthermore, more images can be uploaded beside the products, and product search will be...

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Ahold reports 11.5 percent sales increase for Q2

Ahold – the international food retailer with supermarkets in the USA and Europe – has reported consolidated net sales of €6.4 billion for the second quarter ending July 12, 2009....

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Eleven million HUF for the Education Center

Danone’s “Together, for the Children” (TEGY) aims the rehabilitation and healthy nutrition of children with cancer. This year the member institutions of “Together, for the Children” would like to establish...

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Seven hundred million HUF helped out Gyulai Meat Ltd.

Again, the usual pre-crisis production is operating in the Gyulai Meat Ltd., after the owner povided 700 million HUF to the Factory – reported Ruck János Chief Executive to MTI....

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Heineken – festivals do not help out the brewing industry

According to Michiel Egeler CEO of Heineken Hungária Breweries Ltd; it is conceivable, that Hungarian beer consumption will never come back to its 2006 and 2007 levels and if it...

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Gramex 2000 Ltd.- New bottling line from three billion

The new bottling line of Gramex 2000 Ltd. is capable of charging preservative-free sport drinks, ice teas, fruit syrups into one-way PET bottles in aseptic conditions. The new bottling line...

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New Communications Manager at McDonald's

Effective of June 2009, McDonald's Hungary has appointed Csilla Dudás as its new Corporate Communications Manager. Dudás will be responsible for all-inclusive PR activities and external communications of McDonald's Hungary....

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Tesco Express store opened in Óbuda and Kispest, hypermarket opened in Sárbogárd

Two Tesco Express stores opened on Friday in Budapest. The new format stores has much smaller business space but waiting the customers with selected product range, and the usual quality....

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