Company and Personal News

New shopping center to open in November

Allee Trade Center will waiting its new guests with world famous brands at the corner of the Roads Bercsényi and Október 23. in Újbuda. Swedish fashion brand Hennes & Mauritz...

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Two billion HUF investment at the Somló wine region

The Somló-based Kreinbacher-winery started a two billion HUF investment. Fourty-five percent of the costs are of EU funds, 55 percent will come from own power. New winebottlery , sparkling wine...

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Hungarian Business Products Network formed with the participation of 15 retail stores

The franchise owner, Premium Gastro Ltd. allows the useage of the name since May 15. The company previously started the operation of a Hungarian goods selling webstore – informed Ments...

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New comprehensive business program at SáGa Foods

One of the country’s largest poultry and food company, reduce costs and increase efficiency, forced to discard 500 employees du to the further deterioration of the market environment. The company's...

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Health day in the Tesco

Between May 2009 and January 2010 14 sites all over the country Tesco organizes a ‘Health day’ in the spirit of a healthy lifestyle. The jointly organized Health day with...

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Eco-Kord launches new business

New activity has been added to the co-ordinator of the waste management of packaging materials the Eco-Kord National non-profit Ltd. The Eco-Audit services are aiming to improve the environmental performance...

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Increasing Wal-Mart profits

The first quarter result of Wal-Mart Stores Inc. has been increased slightly, compared to the same period of 2008. The company reached $ 3.03 billion profit in the first three...

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Shell rents Tesco’s gas stations

After the necessary investigation the Economic Competition Authority, accepted the tranaction of Shell renting Tesco’s gas stations for a 15 years long-term lease. The two companies  announced their plans in...

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Hundred million HUF fine for Penny Market

The company gave false information on special prices and on discount rates. According to the Economic Competition Authority it was a system-level anomaly. The Economic Competition Authority investigated the period...

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Developments at Győri Keksz Ltd. in Székesfehérvár

Győri Keksz Ltd. brought the production of the Europe-wide popular salt TUC biscuits into its Székesfehérvár plant. The the plant in Székesfehérvár produces such famous products like Vaníliás karika, Győri...

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Another meat company had caught up by the crisis

The representatives of the local government of Gyula wrote a letter to all the competent Ministries in order to save the Gyulai Húskombinát Ltd. The producing plant produces the ‘Gyulai...

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Three thousand candidates for two-hundred jobs at London Tesco

Three thousand candidates applied for two-hundred jobs at the newest supermarket of one of the world's largest chain of stores. Several other stores in the neighborhood had been  bankrupted recently...

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Financial difficulties at Herz

Due to financing difficulties the Budapest-based Herz Salami Ltd. had been unable to pay wages for its employees in April, as announced by the company's press release. The company has...

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Four days workweek at Kapuvári meat?

The management of Kapuvári Meat Ltd. considering the introduction of four days workweek. Job cuts are not expected, but the wages of workers is reduced. According to Kisalföld, the four...

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Hunnia – the production does not start again

Liquidation started against Keszthely Hunnia Meat (HH) Ltd. the end of April. According to the company's liquidator the Vectigalis Ltd. there is no sense in re-launching of production in this...

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Tesco relaunches Clubcard loyalty scheme

Tesco has announced it will invest GBP 150 million (EUR 167 million) in the relaunch of its Clubcard loyalty scheme in the UK. It will be the biggest change to...

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Brand value research with Nielsen

The Superbrands Hungary entrusted Nielsen Market Research Ltd. to the drafting of the brand value research of the brands involved in the Superbrands program. The survey compares the brands with...

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One and a half million HUF turnover on a single square meter

Although Tesco has the largest revenues, the highest turnover per square meter was made by Auchan approaching one and a half million HUF. According to the statement of Napi Gazdaság...

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COOP remains main sponsor of the Hungarian Olympic Team

The CO-OP Hungary Ltd. will assist the Hungarian Olympic Committee and the Hungarian Olympic movement again as a a gold grade facilitator in the next four years. The support document...

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Szent István Korona’s Irsai Olivér gained silver medal

The Product of Szent István Korona Winery Ltd. performed well again on Concours Mondial de Bruxelles wine competition held in Spain between April 25-27. From a total of 54 countries...

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Herz Salami can get helping hand

It is expected that within two weeks, the government will discuss the 30 billion HUF loan construction package to help the big food companies struggling with financing problems. Herz can...

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Henkel also feels the effects of economic downturn

At the beginning of the new financial year, Henkel has also felt the long-term adverse effects of economic environment. Henkel’s business units had mixed results for the first quarter of...

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Formula One on flames

The drivers of Team Williams will drink from Hell sponsored flasks from this weekend’s Spanish Grand-Prix. The Hungarian energy producer has signed a three-year sponsorship agreement with the multiple world...

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Tetra-Pak’s last year was succesful

One of World leading cardboard manufacturer Tetra-Pak produced 141 billion boxes in 2008 for leading food and drink manufacturers, reaching a turnover of 8.8 billion Euros. The engine of growth...

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Lambi tissue paper has arrived to Hungary

Leading Nordic paper product manufacturer company Metsä Tissue arrived to the Hungarian market with a premium product. The Lambi Limited Collection which was designed by the popular Swedish fashion designer...

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Univer supports schools

Univer products Ltd’s program ‘Our school should be the winner!’ started 1st September 2008.The idea is that the consumers purchasing Univer products are supporting school improvements. The Kecskemét based, 100%...

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KORZÓ Shopping Center has a new operator

SES Spar European Shopping Centers took over the Center management of Nyíregyháza’s largest shopping mall in April 2009. SES also operates Europark in Budapest. KORZÓ Shopping Center is the largest...

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CBA establishes ‘Prima’ branch

The domestic-owned commercial network CBA gives a new single image to its best stores under the name: Prima. Sixty stores are planned to be opened until 2010. Within the 3300...

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Great results from Carlsbergtől

Danish Carlsberg doubled its profits in the first quarter of the year. World’s fourth largest brewing industry group owes its success to the increase in sales in Eastern Europe. The...

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