Company and Personal News

Separate Reál company for beverages

A separate company has been established by Reál Hungária Élelmiszer Kft for the nation-wide distribution of beverages. Reál Hungária Drink Kft has been formed as result of the eight largest...

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Holiday in Tunisia with Farm Tojás

Farm Tojás Kft. is the first enterprise in the egg market to organise a price game from June 2008 to September. The prize game is linked to Extra Sárga Farm...

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Twice as many organic products in Cora

The number of organic products has doubled in the Törökbálint Cora store since 2007, to almost 500. Bio vegetables fruits are the most popular products, but customers are also beginning...

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Henkel for efficient use of water

Henkel is an official sponsor of the World Exhibition to be held in Zaragoza, which will focus on the topic of “Water and Sustainable Growth”. Henkel’s intention is to reduce...

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Stores opening

Tesco, Szolnok Nyitás: 27 June Chain: Tesco Store space: 1000 m2 SKU: 3–4000 Tesco, Sülysáp Nyitás: 27 June Chain: Tesco Store space: 1000 m2 SKU: 3–4000 Tesco, Dabas Nyitás: 11...

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Great Leap sponsored byUnilever

Hungary has joined the Great Leap movement organised by the WWF and sponsored by Unilever. It is intended to call attention to the importance of clean water....

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Nestle re-locates ice-cream production to Bulgaria

The decision was taken in the wake of the company’s re-organisation but also because Bulgaria’s biggest Black Sea city of Varna is very near to Romania’s capital, Bucharest, and is...

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Reconstructions work at Sara Lee Hungary tea plant in Rákospalota

This HUF 1 billion development follows an other HUF 800 million cost factory building in 2006. In frame of the new system mashines on 3,000 sqm must be relocated.  In...

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Red pepper harvest started

Univer Product is one of the biggest producer of Hungarian red pepper, the company's suppliers are growers in Kecskemét and near to.  Because of the moistery and cold summer this...

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Dreher Premium Lager debutation in South Africa

South African Breweries Ltd (SAB) said the launch comes hot on the heels of the successful introduction of Grolsch into the local market.  As part of its European expansion, global...

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Industrialists want steeper tax cuts

The National Union of Industrialists approved of the overall tax cut package but would like to see the 1.2 trillion forint (about 4.7 billion euros) cuts introduced in less than...

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Carrefour Romania doubles operating income

In the first six months of the year, the company reported a VAT-free turnover of 427.1 million euros on the Romanian market, up 40.3% against the same time in 2007....

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InBev to Sell Oriental Brewery

Belgian brewer InBev NV is planning to put its South Korean beer business up for sale, in an effort to shed a noncore asset and raise what could be roughly...

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Coca-Cola Company to Buy Chineese Juice Group

The Coca-Cola Company announced its intention to make cash offers to purchase China Huiyuan Juice Group Limited, a Hong Kong listed company which owns the Huiyuan juice business throughout China....

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The school year beginns with Nutrition Olympic

The common program of Nestlé Hungária Kft. and the Hungarian Dietetic Association focuses on prevention of child obessity.  School using the Nutrikid teaching program can take part on Nutrition Olympic....

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Dream cars and Playboy mates from Beck's

Four lucky beer drinker won a Volvo C30, the keys were given by Playboy's Miss July, the cover girl.  The game started on 7. July. Until 31. August more than...

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Delhaize Group Closes La Fourmi Acquisition in Romania

The Belgian international food retailer, announced today that it has completed through its fully-owned subsidiary Mega Image the earlier announced acquisition of La Fourmi, which operates 14 stores in Bucharest,...

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Carrefour on shortlist to buy Lenta

According to French press reports, Oleg Jerebtsov, founder of St Petersburg-based hypermarket chain Lenta, is considering selling 89% of his company to the highest bidder, possibly Carrefour.  Wal-Mart, Carrefour, Kesko...

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Processing against Tesco because of cheap meat

According to the informations of Kelet-magyarországi Húsosok Kereskedelmi Kft. the hypermarket chain sell spare rib with bone for HUF 700, also this is the suppliers' price.  József Fazekas, president of...

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Lidl starts construction of Bulgarian outlets

German retailer will start building a pilot outlet in the city of Lovech, Northern Bulgaria, the company said. Work on a further five outlets will begin by the end of...

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Dell shares slump as earnings disappoint

While revenue increased from a year ago, to more than $16 billion, Dell's profit fell 17% as the company said its margins were hurt by low pricing as it works...

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Euronics International posts record revenues

Europe's biggest group of independent retailers in the consumer electronics market, realised record revenues of EUR 12.6 billion in the elapsed financial year.  The international alliance oparets at over 11,500...

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Meat-processing plant in Mako

Turkish-owned Duna-Doner will supply Turkish restaurants in western Europe with meat for doner kebabs.  According to press information the company will begin construction of a Ft 500 million (€2.14 million)...

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Solid Sales Growth at Carrefour

French retail giant announced sustained sales growth of 8.5% at constant exchange rates in its 1H 2008 results.  The company said it was strongest first half growth since 2005. This...

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PepsiCo to finish Acquisition of Russian Juice Leader

Lebedyansky is the world's sixth-largest juice manufacturer and the largest in Russia, with an estimated market share in Russia of around 30% and annual revenues in 2007 of approximately $800...

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TESCO plans store for pensioners in UK

Supermarket giant Tesco could be about to open its first pensioner-friendly supermarket in the UK, it has been revealed.  If given the go-ahead, the store would feature extra wide aisles,...

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X5 Retail strong Q2

The Russian retail Group NV said second quarter net profit reached $74 million, up more than five-fold from $14 million in the year-earlier period thanks to surging sales and tighter...

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SCHUITEMA to sell ten stores in Netherlands

Dutch retailer Schuitema has said it is to sell ten ailing C1000 stores. Seven will be handed over to discount retailer Aldi, while two will go to Schwarz Group's Lidl,...

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Prada May Postpone IPO in an Uncertain Market

Earlier in the year, rumors swirled about a potential Prada IPO, divesting the company of a third of its shares and forcing the Prada family to reduce drastically its 95%...

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Demonstration at Tesco's Headquater

Angry dairy farmers protested outside Tesco's Cheshunt HQ, demanding an end to a “price war” they say will hit them in the pocket.  Around 50 representatives from all four corners...

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