Company and Personal News

New clients at Mood Media

From February Mood Media is the music provider for Nike shop in Budapest and in the country.  Also Mood Media provides background music in Fórum Debrecen mall in East-Hungary. Costa...

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Casino to open discount frozen food store

The first Iceko store will open over a sales area of 200 square metres in Paris.  Casino is launching a pilot discount frozen food format called Iceko to compete with...

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Unilever suspension cost a lot for Delhaize Group

Customers are dependent on certain brands and they have carefully selected those they want.  Delhaize Group in Belgium is losing market share to its competitors due to its decision to...

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Tesco supports a créche in Mátészalka

Since a few months Tesco’s consumers in some stores have to pay HUF 5 for their plastic shopping bags. From sales income of the bags company supports local institutes and...

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In December Hungarians spent more for „bottled” happiness

Hungarian consumers, shopping soda in December, gave out HUF 36 of every 100 for Coca-Cola. Coca-Cola is a real ’Lovemark’ in Hungary. Inspite of the financial crisis Hungarians doggedly buy...

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Co-operative Group to use biometric data collection to record worker hours

The system will use biometric data collection terminals enabling finger scan verification, to record the working hours of 55,000 staff members.  The Co-operative Group is introducing a new workforce management...

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SPAR acquires Ipercoop hypermarkets in Croatia

According to reports in the local press, the four stores, of which two are located in Zagreb and one each in Split and Osijek will keep the Ipercoop banner but...

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PepsiCo sees growth in snacks, dairy

Pepsi formed a joint venture with Saudi Arabia's Almarai Co , the Gulf's largest dairy company by market value.  The venture, will be called International Dairy and Juice Ltd and...

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Discount feeling disappear, assortment expands

On 12th February 2009 opened the first rebrand Spar stores in Hatvan, Sopron and Sárbogárd.  Last year SPAR aquiared Plus chain and in January it started to rebrand the units....

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The newest award for Francois President Rose but champagne

The 15th Berlin Wine Trophy was trumped up between 22-26 January 2009. The jurey tasted 3,152 wines and award 120 Premium Gold, 641 Gold and 136 Silver medals.  From the...

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Birthday design award by Tchibo

Tchibo calls for tender together with MONE and the Moholy-Nagy Art University. The participants have to contemplate a retro mug set.  Students have to plan 4 mugs, which must to...

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Fritz Henkel Award for Innovation presented

A convincingly innovative character and successful market performance: These two attributes must be demonstrated by product ideas if they are to have a chance of winning the Fritz Henkel Award...

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K.O on Easter egg market by Tesco

Tesco looks set to become the UK’s largest Easter egg retailer after buying forward orders of its exclusive lines that were destined for Woolworths.  The deal means Tesco’s Easter egg...

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Billa Travel to sell holidays in Bohemia

The tourist division of Rewe group was established in 1970 and recorded a turnover of nearly EUR3 billion in 2007. The agent is active Germany, Austria and Switzerland.  Rewe has...

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CBA votes for closing on Sunday, but not for all shops

The retail chain, employing 35,000 workers, said also employees need the Sunday as holiday, because of their health and their family life.  CBA would close every stores over 100 sqm...

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New members at Reál Hungária Drink Kft.

The company started meeting with Bora Kft. and Piramis Kft. last December, and the two companies joined to the chain in February.  Since its foundation Reál Hungária Drink Kft. is...

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Metro to abandon UK?

Metro Group-owned Makro is planning to cut 378 jobs by closing three cash and carry stores in the UK.  The closures were due to "difficult trading times and a need...

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Coca-Cola To Invest $1.2bn in Russia

The company want to increase the range of products and sell coca-cola, energy drinks and kvas to a network comprising small kiosks and hypermarkets.  In Short Term Coca-Cola has announced...

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Private label share may reach 25% in food at Real

Real overhauled its retailer brands last year, eliminating a number of smaller ones and introducing 850 items under the Real Quality brand.  Real aims to increase private label’s market share...

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Pioneer Out of Flat-Screen Tvs

Pioneer will exit the flat-panel TV business by March 2010, transforming itself into primarily a car audio company.  Pioneer forecast a record annual loss of $1.44 billion, and said it...

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Praktiker offers comfortable shopping for blinds

The DIY chain help blind people with personal escort in its 19 stores.  The DIY chain helps the Association of Hungarian Blinds since last year, then it gave colours and...

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Bacardi-Martini Hungary chooses PR Agency

Próbakő Kommunikáció won the drink retailer's tender for 2009.  This year Próbakő is the strategic adviser for the firm and the company's main brands. Próbakő is a member of Carbon...

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Nature-identical fragrances from BASF laboratory

Synthetic citral provides the fragrance of citrus. Also other fragrances can be created, such as linalool which smells of lavender and geraniol responsible for the typical smell of roses. BASF...

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Tesco exits personal loans market

The move is an indication of how more loan defaults, caused by the difficult economic conditions, are affecting loan providers.  Tesco currently has 3,600 personal loans on its books with...

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Double digits grow at MasterCard Europe

For the full-year 2008, the European region reported double-digit growth in company gross euro volume with 15.5 %, purchase volume with 15.7 %, purchase transactions with 13.2 % and cash...

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Metro to launch delivery service in Germany

The company will further adjust its wholesale activities to the changed requirements of its professional clients. Metro Cash & Carry has invested between more million euros in the infrastructure of...

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Danone sees growth slowing in 2009

The French company said net profit fell last year to €1.31 billion from €4.18 billion in 2007, when Danone earned €3.1 billion on the sale of its LU, Petit Dejeuner...

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Kraft Freezes Top Executives' Salaries

The food industry giant will freeze the salaries of Chief Executive Irene Rosenfeld and 18 other top managers in 2009, though remaining employees will receive raises.  The decision to freeze...

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Unilever products disappear from Delhaize Group's stores

Delhaize Group has halted orders for 300 Unilever products from its stores in Belgium after annual price negotiations ended in deadlock.  According to Unilever, Delhaize had already stopped orders for...

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Zwack repeats its 2007 accomplishment

Company's first 9 months sales was HUF 26 billion, without excise duty it was HUF 17.4 billion. The growth was drived by own produced drinks.  Zwack starts its business year...

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