Company and Personal News
Tesco CEO asked for easier credit for companies
Date: 2009-01-22 00:00:00
The ECB lowered its benchmark interest rate by half a percentage point last week to 2 percent, its fourth cut in as many months, reacting to the deepening euro zone...
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Coca-Cola opens bottle recycling plant
Date: 2009-01-22 00:00:00
Atlanta-based Coca-Cola Co. and United Resource Recovery of Spartanburg unveiled a new $60 million “bottle-to-bottle” recycling facility. The state-of-the-art plant, said to be the largest of its kind in the...
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Auchan payed out its part-owner of its Romanian subsidiary
Date: 2009-01-22 00:00:00
Auchan increased its shareholding to 100% in MGV Distri-Hiper, founded on May 2005 to set up and operate stores under the Auchan banner in Romania. Auchan acquired a 29% stake...
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Award for Kométa 99 Zrt.
Date: 2009-01-21 00:00:00
Company won the „Il Ponte” Award by the Hungarian – Italian Trade Chamber, on its Christmas party last year. The traditional event was organized by the chamber and the Polis...
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Goodwill of the Hungarian wines in Africa
Date: 2009-01-21 00:00:00
Wine region Sopron supports an university team at the Budapest-Bamako Rally. The youngest team of the race, students from the „Green University” – West-Hungarian University – took also some bottle...
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Kraft makes money with IT technology
Date: 2009-01-21 00:00:00
Kraft's iFood Assistant , a 99-cent application, wich offers recipe tips and help creating custom shopping lists — while providing feedback to Kraft on what users are buying. Food giant...
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Double-digit sales increase at Hofer
Date: 2009-01-21 00:00:00
Aldi’s Austrian branch had EUR3.3 billion in turnover last year, this year company plans to expand the chain (421 units) with additional 20 stores in Austria. As known discounters have...
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Metro Group launches efficiency programme
Date: 2009-01-21 00:00:00
The Group’s structures will be simplified to realise the maximum growth momentum and customer orientation while significantly reducing costs. 15,000 of staff will be fire. Metro Group in Germany has...
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Saturn to expand in France
Date: 2009-01-21 00:00:00
Metro Group-owned consumer electronics superstore banner Saturn in France is due to roughly double its store count to 60 by the end of 2011. According to Lebensmittel Zeitung the operation...
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SPAR Netherlands to increase store chain
Date: 2009-01-21 00:00:00
SPAR in the Netherlands has said it wants to open 20 to 30 new grocery stores over the year 2009. In 2008, turnover increased by nearly 25% up to EUR630...
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Cold-storage plant to built in Simontornya
Date: 2009-01-20 00:00:00
In the new built plant of Hungaro Berry Kft. yearly 3-4,000 tons of sour cherry and elder will be frozen. The company sells to fruits for processors in West-Europe. The...
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Forrest Papír's plant developing cancelled
Date: 2009-01-20 00:00:00
Company said the reason for cancelling the investion is only partly the financial crisis, Forrest Papír see now better possibility for growth if they stain in the rent construction. The...
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Wal-Mart Pulls Out Of Nielsen's PRISM Initiative
Date: 2009-01-20 00:00:00
Researcher says original marketer and agency backers of PRISM continue to support the initiative, too, including P&G, Unilever and Kraft. Wal-Mart is pulling out of Nielsen's PRISM (Pioneering Research for...
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Delhaize Group reports 15.8% sales increase
Date: 2009-01-20 00:00:00
The retail group has more than 2600 stores in the world, the sales of the company reached EUR5.4 billion in Q4 2008, compared to EUR4.6 billion for the same period...
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Zwack pays interim dividend
Date: 2009-01-19 00:00:00
Hungarian distiller Zwack has unexpectedly announced that it will pay interim dividend in the amount of HUF 1,300 per ordinary and redeemable liquidation share that is altogether HUF 2.6455 billion....
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Carrefour reports 6.3% sales increase for 2008
Date: 2009-01-19 00:00:00
Carrefour gross sales grow to EUR97.6 billion at constant exchange rates for 2008. This was below Carrefour’s revised target of 6.5% increase. In France, total sales of EUR42.5 billion reflected...
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New Managing Director at Friesland
Date: 2009-01-19 00:00:00
Due to the successful FrieslandCampina merger Jack Castelein has been appointed to the position of Managing Director Branded Cheese for the business group Cheese & Butter of FrieslandCampina. His duties...
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DM to open first store in Bulgaria
Date: 2009-01-19 00:00:00
Five to seven stores are reported to follow in the course of the year, the next ones in Vidin and Yambol. German drugstore retailer dm is expected to open its...
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New owner by Salamander shoes
Date: 2009-01-16 00:00:00
The family business Ara will be the 3th owner of the company in last 5 years. The family entrepeneurs ara get the Salamander and Lurchi brands and firms store chain...
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Tesco launches greenest store in Britain
Date: 2009-01-16 00:00:00
Tesco has opened a store in the UK with a carbon footprint 70% less than other similar sized outlets and will cut its fuel costs by 48%. The 52,000 square...
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CASINO and Relay to open new store concept in Paris
Date: 2009-01-15 00:00:00
The new Chez Jean store is a cross between a coffee shop and a grocery store and sells coffee, groceries, fresh bread, flowers, newspapers, tickets and lottery tickets as well...
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TESCO expects a difficult 2009
Date: 2009-01-15 00:00:00
In the seven weeks to 10 January 2009, Tesco reported a reasonable performance, with total group sales increasing by 11.6%. Growth has largely been driven by strong performances in the...
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Hungarian students are the most activy competitors on Henkel Innovation Challenge
Date: 2009-01-15 00:00:00
In November Henkel called students from 11 European countries for Innovation Challenge. From the Hungarian universities 175 teams and 83 individuals registrated to the competition. In the first round teams...
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SPAR to wind down hypermarket concept in Romania
Date: 2009-01-15 00:00:00
SPAR Romania announced that it will close its store in Targu Mures, which is its only hypermarket in Romania, Piata magazine has reported. “The format of the Targu Mures store...
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Asda navigates customers to the shops
Date: 2009-01-15 00:00:00
Asda, Wal-Mart’s UK retailer will begin using the NAVTEQ Direct Access programme, an advertising solution integrated into car navigation systems. The system uses community-generated data sourced from participating merchants to...
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Beiersdorf AG's profit grow by 25%
Date: 2009-01-15 00:00:00
Net income increased to 553 million euros ($738 million) from 442 million euros in 2007. Total revenue advanced 8.5 percent to 5.97 billion euros in the year. Beiersdorf’s skin and...
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ALDI reports 24.8% sales boost
Date: 2009-01-14 00:00:00
The German retailer increased its number of stores by 9.9% over 2008, moving from 416 to 457 stores across the UK and the Republic of Ireland. Aldi in the UK...
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Ad campaign about children alcohol drinking for parents sponsored by Borsodi
Date: 2009-01-14 00:00:00
With the title „ Let's talk about it” the brewery published an information brossure for parents, about how the talk about alcohol consumption with teenagers. Borsodi continoues its well know...
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Promocash to develope chain in France
Date: 2009-01-14 00:00:00
The Carrefour owned company currently has 120 franchised shops as well as nine integrated outlets in France. Promocash will open 20 more cash and carry stores in France over the...
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Lexmark Outlook Darkens
Date: 2009-01-14 00:00:00
The Lexington based firm warned that its fourth-quarter results would be lower than expected thanks to weak sales and high restructuring costs. Lexmark now thinks its fourth-quarter sales are going...
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