Company and Personal News

One purchaser is out of competition for Borsodi Brewery

The venture capital ace could not obtain sufficient credit, and therefore got out of the competition of purchasing the Hungarian Borsodi Brewery. According to Bloomberg’s information; KKR has withdrawn from...

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Eight products of Tortellino Ltd. can be marketed again

The Pest County MGSZH and the Food Chain Safety and Animal Health Directorate in the cases of 8 products lifted the block. Thirteen products of Tortellino Ltd. were blocked 30th...

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Innovating summer at Szentkirályi

In the summer of 2009 Szentkirályi Mineral Water Ltd., introduced several novelties at a number of products to be better suited to consumer needs. At flavored waters a new flavor...

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The market share of Tesco fell a bit, while others grow

Tesco could not able to maintain its earlier market share in the British grocery market in the last three months, but the reduction was only one-tenth, so after the previous...

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Another fusion in the Coop Group

The Economic Competition Authority (GVH) accepted that the food-group Nyírzem Ltd., – which is part of the Coop group will obtain 60 percent share in the Mezőkövesd Zrt. According to...

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Henkel stepped onto a better position on the list of the world's largest companies

Henkel improved 20 places to the 448th place on the 500 list of american Fortune magazine in the rankings of the companies with the largest turnover, furthermore the first time...

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Lots of students at McDonald's

This year summer work for students is ten times oversubscribed at McDonald's. The jobs have run out in a few days. Until mid-summer 3500 person tried to get a seasonally...

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Carrefour to open 100 convenience stores in Malaysia

Carrefour has announced its intentions to open 100 convenience stores in Malaysia, focusing particularly on the company’s private-label brands, according to Malaysia Food and Drink Report. This is a significant...

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Nescafé celebrates its birthday

Exactly forty years ago, it was in the hand of Armstrong during the conquest of the Moon. For the 70th birthday of Nescafé a virtual gallery to open from the...

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The Shoppa.hu virtual store has been opened

New online trading portal has been open for small wholesalers and service providers. Those who interested can find themselves in a virtual store, where they have right to lease products...

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The way to taste beer – according to Dreher

With some practice one can not only be able to distinguish the main beer types, but also be able to choose ones favourite from the other beers, even blindfolded. Before...

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Mirelite liquidate itself

The Mirelite Csepel Hűtőipari Ltd. is no longer to finance its operation costs due to the declining demand and tightening bank credit. The pioneering company in the production of domestic...

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We should wait for Szobi syrups

Despite the new owner bought the Szobi syrup manufactory from the liquidator for 450 million HUF the production has not started yet because of the lack of agreement with the...

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Food Lion builds green grocery store

Delhaize’s Food Lion is building its first green grocery store. The store, located in South Carolina, will feature a number of environmentally friendly construction and energy-efficient services, including an on-site...

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New managers at SCA

Dr. Ránky László, managing director of SCA Hygiene Products Ltd., and also director of the Consumer Division has retired on 30th June 2009 after more than 10 successful years at...

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Algida's factory in Veszprém

Unilever Hungary Ltd. has just opened its factory-building to visitors in which brands like Magnum, Cornetto and other Algida-delicates are going to be produced. The new building is 8700 square...

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Ikea needs to cut more jobs than expected

Swedish flat-pack giant Ikea must cut more jobs than previously announced as the financial crisis continues to weigh on demand for its furniture, founder Ingvar Kamprad announced.  Kamprad did not...

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Tesco expands further – in Asia and in Europe as well

Despite the global economic slowdown Tesco continues to invest in Asia – said Andrew Higgins, the Director of Retail Services. European Expansion continues as well. According to Andrew Higgins, Tesco...

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New CEO leading the coffee and tea division of Sara Lee Hungary Ltd.

The coffee and tea division of Sara Lee has a new CEO starting from 1st August 2009. Carolina Schulten follows Tibor Seres Dr, who plans to continue his carreer elsewhere....

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Wal-Mart about to develope an index to check product sustainability

The world's biggest retailer Wal-Mart Stores Inc, announced the development of an index that will be used to measure the social and environmental impact of the products it sells in...

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Volt Fest and Balaton Sound – at least 270 million revenue

According to preliminary calculations the Balaton Sound Festival held in Zamárdi closed with a 50 percent growth since last year excessing a 200 million HUF . A week earlier Sopron's...

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New SPAR supermarket opened in Hajdúszoboszló

SPAR Hungary Ltd. opened a new supermarket in Hajdúszoboszló on 15th july 2009. The new store is the city's second SPAR unit and also the group's 396th business. More stores...

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New packaging for Cappy Ice Fruit

The typical taste of Cappy Ice Fruit will be coupled with an absolutely new modern design in the cases of the 0.5-liter and 1.5-liter packs. Thanks to the exciting design...

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Value Creation Award focuses on nutrition, rural development, drinking water

The Common Value Creation Award of Nestlé provides a support in a value of 500,000 Swiss francs to the successful applicant, who offers a concrete solution to the access of...

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POS Media became Business Superbrands

In July, POS Media Hungary has been awarded the Business Superbrands 2009 status and entered into the best brands of business sector (B2B). In 2009 now for the fifth time...

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Stella Artois became Superbrand for the fifth time

Stella Artois – as each year – has won the Superbrand Award, now for the fifth consecutive time. The Superbrand is the world's leading brand building system, which rewards the...

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More than 100 artists applied for the Henkel Art. Award. 2009 Prize

Henkel Central Eastern Europe (Henkel CEE) announced the eighth time this year, the Henkel Art.Award. international application, which is the only comprehensive arts prize support in 31 countries of Central...

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Hungarian Maltese Service will get 10 HUF after each sold Vanish product in July

The manufacturer of Vanish, the Reckitt Benkiser in the course of the “free of blemishes gift program” offers 10 HUF to the Hungarian Maltese Service after each sold Vanish product...

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McDonald's moves to Switzerland

McDonald's is going to transfer its registered office from the United Kingdom to Switzerland, due to the more favorable tax rules, relating to intellectual property. The new center will be...

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Melon producers are not affected by Auchan's 59 HUF per kilogram prices

Auchan has advertised Melon special action. 59 forints for a kilogram of melon. The President of Melon Association do not afraid of the pricedown effect of the action. Street vendors...

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