Company and Personal News
Maspex Olympos taking over Plusssz
Date: 2009-02-05 08:00:00
From January 2009, Maspex Olympos Kft has taken over distribution activities of the Plusssz brand from VitaPlus Kft. The Plussz brand is owned by the Maspex Wadowice group which is...
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In one month Cora shoppers shrinked 25,000 PET bottle
Date: 2009-02-05 07:52:00
The CORA started THERMO PRESS shrinking program was very successful, people took a lot of PET bottles to Cora Törökbálint and CORA Budakalász in January. The shrinking mashine, developed by...
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Hungarian wine borne down French wines in Denmark
Date: 2009-02-05 04:11:00
Vylyan Winery from Villány is Winery of the Year, according to Danish Vinbladet magazine. This is the first time that a Hungarian winemaker has been selected No. 1. at Vinbladet...
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TESCO to open 137 stores in Central Europe
Date: 2009-02-05 02:37:00
UK retailer Tesco plans to open over 130 new stores this year in Central Europe, in Hungary, in Poland, in Slovakia, in Czech Republic and also in Turkey. Czech newspaper...
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Plaza Centers buys controlling stake in Sofia project
Date: 2009-02-05 02:30:00
The Dutch-registered property developer that focuses on Central and Eastern Europe, said that it acquired 51% stake in a 75 000 sq m project in Sofia. Plaza payed 2.78 million...
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Mercator to invest 3 million euró in Bulgaria
Date: 2009-02-05 02:14:00
The company’s first Bulgarian outlet will be located at the Galeria shopping mall in Stara Zagora in the south of the country. Mercator has announced plans to open its first...
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Burberry opens children fashion store in Istanbul
Date: 2009-02-05 01:57:00
The British fashion concern closes plant in UK, but expands abroad. Company alert decreasing sales in the las quater and closed it second plant in the UK, but the expansion...
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Thanks for SIÓ! – starts in February
Date: 2009-02-04 10:13:03
Since this month there are on the shops' shelves the 1.5 l SIÓ products joined to the charity program. Consumers who buy them can help pupils to get new school...
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New manager at Szentkirályi Ásványvíz Kft.
Date: 2009-02-04 09:51:06
From 7th January the company has a new operative director called István Matus, who takes the domestic works from Balogh Levente, onwer and CEO of the company. Mr. Matus is...
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METRO has no plans to sell Galeria Kaufhof
Date: 2009-02-04 09:11:33
According German press informations the company is currently working on floating Media Markt/Saturn and considering divesting its Real hypermarket chain. The sale of Adler is close. Metro CEO Eckhard Cordes...
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Insurance from Lidl Italy
Date: 2009-02-04 08:37:35
The Italian branch of Lidl has proved to be creative in offering online services. Before, Lidl Italia launched electricity service under lidl-energia.it and holiday trips on lidl-viaggi.it. Schwarz-owned discount retailer...
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Szentkirályi to expand abroad
Date: 2009-02-03 09:22:00
Now we are only exporting outside Hungary, but in the near future we want to be an international brand – said Levente Balogh CEO to business daily Napi Gazdaság. Because...
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Environmental protecting by Wal-Mart
Date: 2009-02-03 09:15:08
The American retail giant said that it will test two new types of hybrid trucks and two types of trucks powered by alternative fuels to make its trucking fleet more...
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Coke Drops ‘Classic’ Tag From Branding
Date: 2009-02-03 08:51:17
The change was part of “a broader plan and strategy to revitalize the brand. Coca-Cola Co has announced that it will no longer carry the word ‘Classic’ on packages of...
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Procter & Gamble to invest 50 million dollars in Romania
Date: 2009-02-03 08:32:44
The international company to built a factory processing shampoo and other hair car products in Urlati. The P&G factory, the construction of which started yesterday, will employ 150 people at...
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Woolworths to reopen online
Date: 2009-02-03 03:32:24
A month after the shutters came down on the last Woolworths store, Shop Direct have paid between £5 million and £10 million for the Woolworths brand name. Shop Direct refused...
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Henkel sell its plant in Barcs
Date: 2009-02-02 09:15:00
According to local daily Somogyi Hírlap Henkel has decided to shut down its plant in the Hungarian city of Barcs because of falling demand on export markets. Company wants to...
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Switch off! campaign – also at Borsodi Brewery
Date: 2009-02-02 08:09:00
The company joined to common program of the EU and the Foreign Office. The aim of the action is to turn inhabitans attention on the energy saving. In frame of...
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TESCO to sell clothes online
Date: 2009-02-02 08:02:00
Tesco is to launch an online fashion store, committed to selling its own labels. Tesco had a sucessful trial last year, which demonstrated that there was demand for the online...
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SABMiller Gains Control Of Romanian Brewer
Date: 2009-02-02 06:52:00
Brewing giant SABMiller has acquired a 71% stake in local brewer Bere Azuga, producer of Azuga and Valea Prahovei beers. The deal was conducted through SABMiller’s local unit Ursus Breweries....
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HUF 15 million fine for Tesco
Date: 2009-01-30 05:23:10
The National Communications Authority, Hungary (NCAH) imposed a penalty for Tesco, because it sold, against the prohibition, such radio equipments, wich were not comply with requirements. NCAH controlled the Technika...
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Pannonhalmi Wine Region makes marketing campaign
Date: 2009-01-30 05:07:20
The wine-growing community won money from the Hungarian Agrarmarketing Centre for building a new image and making a website for the wine region. The new logo of the wine region...
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X5 Retail group merge Kopeika?
Date: 2009-01-30 04:44:33
After a dynamic developing in the country X5 would buy its biggest competitor. According to reports in the Russian media, X5 Retail Group has been negotiating with Kopeika about a...
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Standard Vodka exists Russia
Date: 2009-01-30 03:59:52
The company will introduce the Russian Standard brand in countries such as Canada, and expects this to help boost sales by 30-50% this year. It plans to invest $100m this...
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Deko-Food closes its bean processor unit
Date: 2009-01-29 05:00:00
The company fires 40 people, first of all semi-skilled laborer, but also some administrative employees lost their jobs. The bean processing unit worked since 3 years with loss, and last...
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Excellent accomplishment at Profi Romania
Date: 2009-01-29 01:06:00
Delhaize Group-owned Romanian retailer Profi has reported a 50% increase on the year to EUR142 million above the target growth of between 30-35%. The company sees its turnover growing by...
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Asda to create 7,000 jobs in UK
Date: 2009-01-29 01:00:00
Wal-Mart-owned company plans to create 54,000 square metres of new store space in 2009. The supermarket will create 3,700 new jobs with the opening of nine new food stores, five...
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NürnbergMesse sets ambitious growth targets
Date: 2009-01-28 00:00:00
Reconstruction works start in a few weeks, a completely new entrance, service and congress area is to be built by autumn 2010. NürnbergMesse will invest a total of more than...
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Coca-Cola puts money on being greener
Date: 2009-01-28 00:00:00
The company made a foundation, the money will be used to support a proposed Packaging Innovation and Sustainability Centre at Michigan State University (MSU). Coca-Cola has provided $400,000 to the...
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