Company and Personal News
Food donation from Raiffeisen Bank
Date: 2009-02-20 05:12:28
The bank's „Jointly” program gives food for 9 créche, in three places the donation arrives in frame of a small event. The bank collected more than HUF 10 million from...
Read more
HP turns to services as hardware sales falter
Date: 2009-02-20 03:46:24
HP said Wednesday that its profit dropped 13 percent in the latest quarter, dragged down by weakness in all major business lines except services. Sales ticked up just 1 percent...
Read more
Nestle Warns Of Lower Sales in 2009
Date: 2009-02-20 03:35:31
Food giant Nestle has said its sales growth in 2009 is likely to come in at the low end of its target range, as the economic crisis makes it more...
Read more
Carrefour stops activities in Algeria
Date: 2009-02-20 03:17:29
Carrefour and the Algerian group Arcofina have ended their partnership agreement, less than two years after being established, Carrefour said. "The concept of mass distribution does not work in Algeria,"...
Read more
Kraft Reveals New Brand Identity, Logo
Date: 2009-02-19 08:25:31
The company said it spent eight months developing the new logo, seeking feedback from thousands of employees and consumers worldwide. Kraft Foods has unveiled a new corporate logo and brand...
Read more
Success with Darfresh packaging in Norge
Date: 2009-02-19 08:22:15
The new Stange products are very well received by both retailers and consumers. The products are now selling well at high profiled Norwegian retail chains. Located in Tønsberg, in Southern...
Read more
Wal-Mart' record sales
Date: 2009-02-19 01:30:00
Wal-Mart has reported that net sales for the fiscal year to 31 January 2009 were USD401.244 billion, an increase of 7.2% over fiscal year 2008. Income from continuing operations increased...
Read more
Woolworths reborn?
Date: 2009-02-19 00:22:00
Three former bosses of Woolworths are ‘relaunching’ Woolworths under a new name. Former Commercial Director Tony Page and colleagues Andy Latham and Steven Jebson will open 50 shops based on...
Read more
First SPAR Harmonia magazin published in 2009
Date: 2009-02-18 12:30:13
After a successful test periode this year SPAR gives its lifestyle magazin four times to the public. Since many years SPAR is active at popularizing healthy eating and lifestyle. As...
Read more
Raiffeisen offers currency risk free credit for circulating funds
Date: 2009-02-18 11:13:05
This is the first bank which offers credit construction from the HUF 140 billion value New Hungary Circulating Funds Credit. From 17th February each enterprises can borrow maximum HUF 200...
Read more
Visa is the best known medium of payment in Hungary
Date: 2009-02-18 10:19:31
According to an on-line research by Research International Visa is the best known and most popular medium of payment in Hungary. 61% of responders said they use their visa card...
Read more
New clients at Mood Media
Date: 2009-02-18 07:30:30
From February Mood Media is the music provider for Nike shop in Budapest and in the country. Also Mood Media provides background music in Fórum Debrecen mall in East-Hungary. Costa...
Read more
Casino to open discount frozen food store
Date: 2009-02-18 04:46:54
The first Iceko store will open over a sales area of 200 square metres in Paris. Casino is launching a pilot discount frozen food format called Iceko to compete with...
Read more
Unilever suspension cost a lot for Delhaize Group
Date: 2009-02-18 04:17:03
Customers are dependent on certain brands and they have carefully selected those they want. Delhaize Group in Belgium is losing market share to its competitors due to its decision to...
Read more
Tesco supports a créche in Mátészalka
Date: 2009-02-17 12:53:18
Since a few months Tesco’s consumers in some stores have to pay HUF 5 for their plastic shopping bags. From sales income of the bags company supports local institutes and...
Read more
In December Hungarians spent more for „bottled” happiness
Date: 2009-02-17 12:49:11
Hungarian consumers, shopping soda in December, gave out HUF 36 of every 100 for Coca-Cola. Coca-Cola is a real ’Lovemark’ in Hungary. Inspite of the financial crisis Hungarians doggedly buy...
Read more
Co-operative Group to use biometric data collection to record worker hours
Date: 2009-02-17 08:15:48
The system will use biometric data collection terminals enabling finger scan verification, to record the working hours of 55,000 staff members. The Co-operative Group is introducing a new workforce management...
Read more
SPAR acquires Ipercoop hypermarkets in Croatia
Date: 2009-02-17 08:03:19
According to reports in the local press, the four stores, of which two are located in Zagreb and one each in Split and Osijek will keep the Ipercoop banner but...
Read more
PepsiCo sees growth in snacks, dairy
Date: 2009-02-17 07:44:28
Pepsi formed a joint venture with Saudi Arabia's Almarai Co , the Gulf's largest dairy company by market value. The venture, will be called International Dairy and Juice Ltd and...
Read more
Discount feeling disappear, assortment expands
Date: 2009-02-16 04:26:26
On 12th February 2009 opened the first rebrand Spar stores in Hatvan, Sopron and Sárbogárd. Last year SPAR aquiared Plus chain and in January it started to rebrand the units....
Read more
The newest award for Francois President Rose but champagne
Date: 2009-02-16 04:14:38
The 15th Berlin Wine Trophy was trumped up between 22-26 January 2009. The jurey tasted 3,152 wines and award 120 Premium Gold, 641 Gold and 136 Silver medals. From the...
Read more
Birthday design award by Tchibo
Date: 2009-02-16 04:02:30
Tchibo calls for tender together with MONE and the Moholy-Nagy Art University. The participants have to contemplate a retro mug set. Students have to plan 4 mugs, which must to...
Read more
Fritz Henkel Award for Innovation presented
Date: 2009-02-16 02:44:44
A convincingly innovative character and successful market performance: These two attributes must be demonstrated by product ideas if they are to have a chance of winning the Fritz Henkel Award...
Read more
K.O on Easter egg market by Tesco
Date: 2009-02-16 02:26:30
Tesco looks set to become the UK’s largest Easter egg retailer after buying forward orders of its exclusive lines that were destined for Woolworths. The deal means Tesco’s Easter egg...
Read more
Billa Travel to sell holidays in Bohemia
Date: 2009-02-16 02:12:53
The tourist division of Rewe group was established in 1970 and recorded a turnover of nearly EUR3 billion in 2007. The agent is active Germany, Austria and Switzerland. Rewe has...
Read more
CBA votes for closing on Sunday, but not for all shops
Date: 2009-02-13 09:21:14
The retail chain, employing 35,000 workers, said also employees need the Sunday as holiday, because of their health and their family life. CBA would close every stores over 100 sqm...
Read more
New members at Reál Hungária Drink Kft.
Date: 2009-02-13 09:13:56
The company started meeting with Bora Kft. and Piramis Kft. last December, and the two companies joined to the chain in February. Since its foundation Reál Hungária Drink Kft. is...
Read more
Metro to abandon UK?
Date: 2009-02-13 08:07:07
Metro Group-owned Makro is planning to cut 378 jobs by closing three cash and carry stores in the UK. The closures were due to "difficult trading times and a need...
Read more
Coca-Cola To Invest $1.2bn in Russia
Date: 2009-02-13 07:54:26
The company want to increase the range of products and sell coca-cola, energy drinks and kvas to a network comprising small kiosks and hypermarkets. In Short Term Coca-Cola has announced...
Read more
Private label share may reach 25% in food at Real
Date: 2009-02-13 07:43:38
Real overhauled its retailer brands last year, eliminating a number of smaller ones and introducing 850 items under the Real Quality brand. Real aims to increase private label’s market share...
Read more