Company and Personal News

MasterCard PayPass using doublead in one year

As of Q3 2008, there were about 44 million MasterCard PayPass cards and devices in use at nearly 135,000 merchant locations worldwide, including vending, taxis, tollbooths and transit.  Contactless payment...

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Gas from Tesco

Tesco sells gas.hu services trough its 34 units all over in Hungary until 28. February 2009.  From 13th November consumers can get gas by reduced price from gas.hu. The provider...

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Heinz Reports Organic Sales Growth

Heinz benefited from 5.8% organic sales growth, led by the Company’s Top 15 brands, which posted organic sales growth of 8.5%. Net income grew 21.9% to $277 million.  Heinz reported...

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Henkel's French subsidiary to close two sites

The French subsidiary of the German chemical products group Henkel said on Monday it would close two sites in France and cut 251 jobs to cope with the economic downturn...

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Subways plans growth in Russia

Subway is planning to open 13 new outlets in Russia before the end of the year to take its network to 61 locations.  At a conference, Subway Russia Vice President,...

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Heineken in virtual responsible drinking push

Heineken has launched an online and mobile phone responsible drinking campaign called Know The Signs – the first of its kind in the drinks market, according to the brand.  The...

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Törley won silver medals at Effervescents du Monde

Observing strict quality standards under optimal tasting conditions the international judges awarded 139 medals (43 Gold, 96 Silver). Three of them for Törley products. The 6th international competition of the...

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Szamos confectionery to open in Esztergom

Here we can admire the marzipan makett of Chathedral Esztergom made from 58 kilos marzipan, in 250 workhour, by Tunde Izsak Kimmelne.  The building was a catering place since 1841,...

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Henkel Innovation Challenge for stundents

After a succes game in six European country, this year Henkel expands its innovation game for 11 countries. The Henkel Innovation Challenge is an international business game on innovation and...

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Hungerit won WorldStar award

The company got the pre-eminent international award in packaging for its Valdor poultries Darfresh packaging.  Hungerit uses Darfresh technology of Sealed Air since 2007. The Hungerit Valdor poultry brand is...

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Christmas game offers at Tesco

The retailer's newest cataloge offers products for the whole family.  Tesco started to sell Christmas presents in October, the consumers have enough time to make their event shopping peacefully and...

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HUF 20 million penalty for Penny Market

The discount chain have to pay HUF 20 million because of selling under the price of acquisition.  The retailer sold milk very cheap in November, the Agricultural Administrative Authority found...

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New marketing and business manager at Ceres

From 14th November Marta Galacz is the marketing and business director of Ceres, the former business manager Mariann Varga Mezone left the company.  Marta Galacz gradueted at the Economic University...

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InBev Completes Acquisition Of Anheuser-Busch

Belgium's InBev completed its $52 billion acquisition of U.S. brewer Anheuser-Busch Cos. .  The company will change its name to Anheuser-Busch InBev and trade under the stock symbol ABI.BT on...

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Henkel Art.Award 2008

Altough there was a Hungarian artist in the final, the winner is the Slovenian Miha Štrukelj.  German household products maker Henkel organised the award for the seventh time this year,...

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Lidl apologises in Sweden

The German discount supermarket chain, has been forced to issue an apology following revelations that workers at one of its Swedish stores deliberately poured cleaning fluids in rubbish to stop...

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M&S hits 20 goals in environmental Plan A

Marks & Spencer has reported that it has already hit 20 out of the 100 environmental goals set out in its green initiative called Plan A.  The company pointed to...

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Pepsi Bottling Lowers Forecast, To Cut Over 3,000 Jobs

Pepsi Bottling Group, the no.2 global soft-drink distributor, has lowered its full-year forecasts and announced that it will cut 3,150 jobs, mostly in Mexico.  The company said the job cuts...

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Burger King begins limiting sodium in meals

The world's No. 2 hamburger chain, will limit sodium in its “Kids Meals” as it works to change its reputation for serving some of the industry's most unhealthy food.  The...

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Inspite of financial crisis HP has good results

Hewlett-Packard Co posted stronger-than-expected results and forecast full-year profit above Wall Street estimates, underscoring its resilience to an economic crisis that has dragged down other tech companies.  HP shares surged...

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REWE Group developes logistics basis

Rewe Group in Germany is investing more than EUR660 million into the separation of its discount logistics from its full-range logistics.  With the re-opening of its modernised distribution centre in...

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Tesco go green by wind

In the UK, Tesco is to install 10 metre high wind turbines in supermarket car parks across South Wales as part of its plan to cut its carbon footprint by...

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HUF 5 million fine for Metro Holding

The cash&carry specialist offered household and consumer electronics equipments via its leaflet in January 2008, but they were not available in every warehouses or only in very limited number. The...

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Ikea continouses developing in Russia

IKEA will accelerate an expansion in Russia, Per Kaufmann, head of Russian business, said, Dagens Industri newspaper reported Monday.  IKEA wants to have stores in every city with at least...

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Tag Heuer butique on Andrassy avenue

TAG Heuer as brand is well known from Formula 1 racing, also the TAG Heuer luxus watches were available in Budapest, but from December the company has own butique in...

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H&M sales decreased

Hennes & Mauritz, a Swedish apparel retail chain, reported a decline in sales for October, with comparable units down by 2%, in spite of an increase in the number of...

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Lidl could open in Romania in 2010

According to unconfirmed reports in the Romanian press, Schwarz-owned Lidl could open its first stores in the country in 2010, following completion of the retailer’s logistics centre in Chiajna, near...

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Carrefour France reduces sales area

According to reports in French newspaper Le Figaro, Carrefour France is going to reduce the sales area of its largest hypermarket in the country by 6,000 square metres.  The hypermarket...

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US$20 million for FoodTech International

The buyer is the Nestle and Osem consortium. Last year FoodTech has sales of US$14.6 million. For the first three quarters of 2008 the company reported sales of US$15.4 million....

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Henkel Announces Successful Public Offering of Its Shares in Ecolab

Henkel has held an investment in Ecolab since 1989. In 1991, Ecolab and Henkel formed a joint venture in Europe, combining each company's European commercial cleaning and sanitizing operations.  Henkel...

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