Company and Personal News

Eco-friendly Tesco introduces itself at Greenexpo

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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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Coke to invest $2 billion in China

The Coca-Cola Co. plans to invest $2 billion in China over the next three years.  The investment would go toward new plant and distribution infrastructure, sales and marketing, and research...

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Who will be greener? – environment competition by Tesco

The most diligent pupils win money for class excursion in value of HUF 500,000.  The Tesco’s waste redemption competition for pupils between 6-18 ages starts today, the winner will be...

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New sales director at Kékkúti Ásványvíz

From 1th of February Csaba Csiszkó is the sales director of the company. The 40 years old specialist is responsible for execution of Kékkuti’s business plans, and developing of the...

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Six months – more than 1,000 new MasterCard places of recipient

Thanks to MasterCards new sales program, from July 2008 the number of Mastercard recipient places grow by 1,145.  There are 9 million debit or credit card on the Hungarian market...

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Packaged Starbucks coffee in Europe

Starbucks and Kraft Foods have announced they will launch packaged Starbucks coffee in select supermarkets in France and Germany. The aim is to expand super-premium Starbucks coffee in Europe.  Beginning...

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Rewe reports 11% sales increase

Group posted a full-year sales to around EUR50 billion in 2008, including sales of independent retailers. Sales outside its home market, Germany, grew by 15.4%.  After a "really good year"...

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