Company and Personal News
Coface unveils credit ratings business
Date: 2009-03-16 11:40:26
Third largest credits insurer in the world will be in competition with Standard & Poor’s, Moody and Fitch. ’These companies’ business models should be controlled while ratings should undergo statistic...
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Sara Lee weighs sale of European business
Date: 2009-03-16 11:07:35
According to Wall Street Journal Sara Lee is examining a sale of its European household and personal-care business. The company has hired Goldman Sachs to sound out possible bidders for...
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Metro Group uses robot for unloading and palletising
Date: 2009-03-16 10:49:52
According to Lebensmittel Zeitung the Metro Group has implemented a fully-automated solution for the unloading of shipping containers in its non-food central distribution centre in Unna, Germany. The robot-like solution...
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Wal-Mart to open first Hispanic-focused supermarkets in US
Date: 2009-03-16 10:32:09
According to Financial Times the Wal-Mart plans to open its first Hispanic-focused supermarkets this summer in Arizona and Texas as the retailer continues its drive to expand its dominance of...
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(HU) Magyar Agrárgazdasági Minőség Díjat nyert a Pick Szeged Zrt.
Date: 2009-03-13 13:24:39
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Eco-friendly Tesco introduces itself at Greenexpo
Date: 2009-03-13 06:51:32
The retailer is exhibitor of Greenexpo from 13-15 March at Papp László Sportarena. The visitors of Ecotesco stand can get to know company's „Tesco for Nature” program. At this place...
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Travel offers by Lidl
Date: 2009-03-13 06:36:50
The discount retailer sales the domestic and foreigner travels of Austrian Falk Travel. Till now Lidl sold travels only in Germany and Austria, Hungary is the first East-European country where...
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P&G's digital summit socially adept
Date: 2009-03-13 02:26:37
About 40 executives from major social networking companies were invited to P&G’s downtown headquarters to meet with about a hundred P&G marketers to help them unlock the potential of these...
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Fressnapf to invest €8.6 million in expansion in Austria
Date: 2009-03-12 10:18:37
Fressnapf Austria chief executive Heidi Obermeier told the Austrian Times that turnover is expected to top €96 million this year, after reaching €90 million in the last financial year. The...
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Real eyes Ukraine opening
Date: 2009-03-12 10:04:40
Germany’s leading retailer, Metro Group, plans to open its first Ukrainian hypermarket in August under the Real brand. The new store will be the group’s first retail market in Ukraine,...
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Auchan plans to open six new hypermarkets in Russia
Date: 2009-03-12 09:54:18
The stores will be opened in Omsk, Samara, St. Petersburg, and Moscow. Documents for two more facilities are awaiting signatures. According to Auchan Russia's member of the Board of Directors...
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Price of seasonal food items grow
Date: 2009-03-11 09:31:08
In February 2009 consumer prices increased by 1.0% compared to the previous month and rose by 3.0% compared to February 2008. In the first two months of 2009 the average...
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SPAR has excellent business year in 2008
Date: 2009-03-11 09:01:15
The consolidated revenue of the group grow by 31.53% on year to year basis to HUF 374.17 billion. The total sales area of SPAR Group increased to 384,817 sqm, it...
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Tesco promisses light choise
Date: 2009-03-11 08:45:09
Retailer started to sale its Light Choices brand, which offers good quality, but cheap food for healthy eaters. Tesco offers day to day new retail branded products in Hungary, a...
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Investestment with extra profit
Date: 2009-03-11 08:30:17
European Conformity Check Ltd. (ECC) helps for companies in food industry to find the right tender for their investion of material assets. According to Zoltán Csomár, financial director of ECC,...
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TESCO and Unilever team up to create perfect convenience store
Date: 2009-03-11 06:17:59
Tesco and consumer goods company Unilever have joined forces to create the perfect convenience store. For over two years Unilever has been conducting research into how to put together the...
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Lidl sells cars online in Germany
Date: 2009-03-11 06:06:40
The website will offer the Opel Corsa for just under EUR11,000 and the Volkswagen Cross Polo for EUR14,000. Schwarz Group-owned discount retailer Lidl has begun selling cars at 25% off...
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Carrefour expands in Bulgaria
Date: 2009-03-11 05:45:31
French retailer will open its first store in the Black Sea city of Burgas on 26 March. The store will offer 50,000 SKUs and the strategy of the chain is...
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Asda may move into Ireland
Date: 2009-03-11 05:30:55
Wal-Mart-owned British retailer is in advanced discussions with an Irish developer over plans to make its first foray into the Republic, the Sunday Business Post in Ireland reported. It is...
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OBI sponsors a 'preserving the climate' program
Date: 2009-03-10 07:08:07
The aim of the „Reduce consuming”” program is to publish that the households should use less energy for lighting, heating etc. The program also organises educations. This year the main...
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Metro eyes Russian hypermarkets
Date: 2009-03-10 06:05:04
German retailer Metro's hypermarket unit Real is seeking acquisitions in eastern Europe, unit head Joel Saveuse told the Financial Times Deutschland paper in an interview. Saveuse did not say which...
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Pernod Ricard – Cleaning the portfolio
Date: 2009-03-10 05:20:37
Pernod Ricard announces that it has signed an agreement to sell its cognac brand Bisquit and associated inventories to Distell Group Limited for 31 million euros. The transaction also includes...
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Tesco plans to convert closed pubs
Date: 2009-03-10 04:56:34
The retailer is planing to cash in on pub closures by converting them to small town centre stores. Tesco has lodged ten applications for conversion in the last three months...
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Demise after 60 years sales
Date: 2009-03-10 04:37:10
Circuit City was the second-largest consumer electronics retail chain in the U.S. The company had 567 stores in the US and 770 smaller units in Canada. Going-out-of-business sales at all...
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„Spring coupon days” started
Date: 2009-03-09 08:00:43
2 shopping malls from the capital and 3 from the country take part in the action organised by www.napiakciok.hu. The owner of the website made a successful action before Christmas....
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Tesco urges to shopping tourism
Date: 2009-03-09 06:20:18
The leaflets of Hungarian Tesco are also available in Slovakian Érsekújvár and Fülek. Because of the weak HUF day to day more Slovakian come to Hungary to make their weekly...
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Henkel untouched by crisis
Date: 2009-03-09 06:06:20
In 2008, sales increased 8.1% to 14.13 billion euros, mainly on the company’s National Starch acquisition. Adjusted for foreign currency exchanges, sales rose 11.6%. Profits increased 31% to 1.23 billion...
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Lidl to reduce product range
Date: 2009-03-09 05:05:08
According to Lebensmittel Zeitung's informations the complete assortment is under close scrutiny, with a special focus on duplications. After years of continuous line extensions, Schwarz Group's discounter Lidl is reportedly...
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