Company and Personal News
The insolvency of Arcandor could be Germany's largest bankruptcy
Date: 2009-06-11 00:04:00
Arcandor the owner of Karstadt which is one of Germany's oldest chain of stores asked for bankruptcy protection. Fourty-three thousand jobs are at risk. Prior to this, the German Government...
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Penny Market's Birthday Action went wrong
Date: 2009-06-11 00:01:00
The Economic Competition Authority has received a dozens of complaints in connection with Penny Market's Birthday Action. The discount priced products ran out of stock in a few moments and...
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Heineken and Pick became Superbrand for the fifth time in Hungary
Date: 2009-06-10 00:06:00
Pick and Heineken won each year the Superbrand title since the start of brand building program in Hungary in 2004. Pick also won the Business Superbrands title. The Hungarian superbrands...
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Bonduelle for the handball team of Békéscsaba
Date: 2009-06-10 00:03:00
Bonduelle Central Europe Ltd. has signed an agreement with Előre Ltd. which operates the women handball team of Békéscsaba. By this, the company belongs to the Bonduelle Group, became the...
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Judit Kiss will be the new Managing Director of SPAR
Date: 2009-06-10 00:02:00
From 1 July 2009, the scope of the Executive Directors of Spar Hungary Ltd. will expand with a new member. One of the Executive Directors will be Kiss Judit (40)...
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Nestle News from France and Switzerland
Date: 2009-06-09 00:11:00
Nestle French unit may miss its growth targets as the company has lost market share for its powdered milk and baby food brands. In Switzerland, a new production and distribution...
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Carrefour opens DIA discount in France
Date: 2009-06-09 00:08:00
Carrefour is trialling two discount stores in France under its DIA banner. The aim is to revitalise its discount activity within France based on its successful experience in Spain. fThese...
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Lighter bottles at Kékkúti Mineral Water
Date: 2009-06-09 00:05:00
Kékkúti Mineral Water Ltd. introduced lighter bottles for the summer. Kékkuti can produce 15 bottles from the same amount of plastic than before in the cases of 1.5-liter Theodora and...
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Törley won medals in England
Date: 2009-06-08 00:20:00
Nine Törley product proved its brand at the 40th International Wine and Spirit Competition, in England. The prestigious jury awarded nine Törley product. Three products gained silver, six products have...
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Discounter Wal-Mart Stores will add more than 22,000 jobs in its U.S. stores in 2009
Date: 2009-06-08 00:02:00
The world's biggest retailer Wal-Mart created 33,800 U.S. jobs last year and also included new jobs at its much smaller Sam's Club members-only chain of warehouse stores. At an October...
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New products are added to the Cappy Family
Date: 2009-06-05 00:13:00
From June the 1-liter version of Cappy is available in two new flavors. The 100 percent pulp-free version of orange juice and a new pear-flavoured product will be introduced. The...
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The Hungaria Grande Cuvée won silver medal on Sélections Mondiales des Vins
Date: 2009-06-05 00:12:00
North America's largest international wine competition the Sélections Mondiales des Vins held between 26 and 31 May 2009 in Canada. Six-hundred wine producers from 32 countries sent 1836 samples. 554...
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The manufacturing plant that produced Túro Rudi, relaunched
Date: 2009-06-05 00:01:00
From August the Túró Rudi factory in Nagybánhegyes can produce again. The plant owned by Friesland Hungary Ltd. known for producing Túró Rudi closed in 2007. Friesland, meanwhile sold the...
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Mars and Snickers getting smaller
Date: 2009-06-04 00:12:00
While the consumer price remains the same, the size of Mars and Snickers chocolates reduced by 7 percent in Great Britain. The chocolate manufacturer Mars Incorporated tryed to defense that...
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Playboy-bunnies on energy drinks
Date: 2009-06-04 00:10:00
The distribution of the Playboy-branded energy products will begin soon in Eastern Europe. An Albanian company won the exclusive manufacturing and distribution rights in Eastern Europe. In those countries where...
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Asda expands further in Scotland
Date: 2009-06-04 00:04:00
UK retailer, Asda, has announced plans to expand within Scotland, investing over €300 million and creating over 3,500 new jobs over the next three years. It currently has 47 food...
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The Pepsi Bottling Group Raises Second Quarter and Full-Year 2009 Earnings Guidance
Date: 2009-06-04 00:01:00
The company now expects to deliver comparable diluted earnings per share of $0.70 to $0.74 in the second quarter. For the full-year, PBG now expects comparable diluted EPS in the...
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Another prestigious awards for the Soproni product family
Date: 2009-06-03 00:20:00
Soproni brand family has won several awards again on Monde Selection world qualifying tournament for beers from all over the world. The awards ceremony, took place on 1 June in...
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Tesco eatblishes Banks
Date: 2009-06-03 00:12:00
One of the world's leading retail chain announced to expand its already broad portfolio. Tesco has promised that to end of the year its 30 new banks will be opened...
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Henkel Innovation Challenge International student challenge has been closed
Date: 2009-06-03 00:05:00
Henkel has announced its second international student challenge under the name of Henkel Innovation Challenge in the autumn of 2008. Twelve student groups from different European countries measured their power...
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Wal-Mart Bharti opens first BestPrice store
Date: 2009-06-03 00:01:00
The first BestPrice wholesale store, a joint venture between Wal-Mart Inc and Bharti Enterprises has opened in Amritsar, Punjab, India. The new store will stock around 6,000 items, including fresh...
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Tesco is building environmentally friendly hypermarkets
Date: 2009-06-02 00:21:00
The British chains of stores are building a completely environmentally friendly, hypermarket, that is completely environmentally friendly, and operating with the minimization of emissions. The new technology will however raise...
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Bravo – “Party Party Praty” Summer promotion
Date: 2009-06-02 00:20:00
Rauch Hungária Ltd. puts great emphasis on promotions every year. This summer, Rauch Hungária plans a game on Bravo brand for the 15-24 year-olds. The game is based on the...
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Danone shares can be subscribed
Date: 2009-06-02 00:01:00
Danone would utilize the 3.05 billion euros which would came from a preferential share issue on debt repayment and the purchasing of smaller rival firms – reports Világgazdaság Online. Danone...
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Growth and real optimism at McDonald's
Date: 2009-05-29 00:34:45
McDonald's has maintained its leading position. Seventy-nine million guests, 12 percent growth, a $ 38.7 billion HUF in turnover and 1.54 billion operating profit were last year’s results. The company...
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Deák Ferenc elected again
Date: 2009-05-29 00:29:00
Deák Ferenc who is the Managing Director of Henkel Hungary has been elected as the President of the Hungarian Brand Alliance for a further two years, on the General Meeting...
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Mars Hungary – less chocolate, more pet food this year
Date: 2009-05-29 00:28:58
Mars Hungary plans a turnover of 50 billion HUF for the 2009 financial year, stated, Ács Tamás the Executive Director of Mars Hungary on a press conference held in Budapest...
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Chiquita Ltd. abolished
Date: 2009-05-29 00:05:12
The Vác based fruit trader the Chiquita Hungary Trading Ltd. will be wound up. The company majority-owned by Chiquita Banana Company B.V. registered in the Netherlands, imported fruits, especially bananas...
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Lidl plans to enter Romanian market
Date: 2009-05-29 00:00:43
Discount food chain Lidl has advanced plans to enter the Romanian market and is currently scouting out potential store space, according to representatives of the company quoted by local newspaper...
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Liquidation of Herz Salami has been started
Date: 2009-05-28 00:32:00
The liquidation application against Herz Salami Ltd. became effective. It is begining of the liquidation of the 120 year old domestic company. The company's majority owner Jámbor János said, that...
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