Company and Personal News

Metro Cash&Carry H1 Sales Top E800m in Romania

Metro has 23 Cash&Carry stores and 16 Real,-Hypermarket units in Romania. Metro Group's Cash&Carry division has reported that sales in Romania rose to over E800m in the first-half. No comparative...

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School begins with Tesco

30% of company's yearly stationery sales is realized in August-September. Tesco offers privat labels stationery in its 80 hyper- and supermarkets.Tesco sell more than 1,000 commodities, not only sationery but...

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Kellogg's Succesfull Q2

The American Company reported second quarter 2008 earnings per share growth of 9% with an 11% increase in sales. Kellogg Expresses Increased Confidence and Raises Full-Year Guidance. Reported net sales...

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Kingfisher Sells Italian Business Castorama

Kingfisher has announced the sales of its underperforming Italian business for £440m to privately-owned French home improvement company Groupe Adeo S.A. Kingfisher plc is Europe's leading home improvement retail group...

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EDEKA Netto to assist dairy farmers with private label milk

Starting this August Netto in Germany has introduced a new, 1.5% fat long-life milk under the brand “Ein Herz für Erzeuger” (a heart for producers).  According to the discount chain...

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Coca-Cola's Chineese secret

Coca-Cola is believed to be developing a new range of drinks made from Chinese herbal remedies. Coca-cola is thought to be pushing non carbonated drinks that could be seen as...

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Cadbury Reviews Costs

Britain's confectionery group is to review its costs which could lead to more job losses and factory closures in an uncertain economic outlook and as commodity costs rise.  Analysts said...

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First Alcampo Drive opened in Spain

In Spain, Auchan-owned Alcampo has announced that it will be launching its first Alcampo Drive, a similar concept to Auchan Drive in France, in August in Villaviciosa de Odón in...

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Office Depot reports loss

Depot warned investors in early July that its second-quarter earnings would be worse than expected. The retailer reported a $2 million loss, for the second quarter of 2008 – a...

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Milka brings the Alps to Hungary

This year visitors can meet the Milka Cow in Budapest, Keszthely, Siófok, Hajdúszoboszló and Gyõr. Last year 50,000 people take part on the evening.  The Milka Alpine Tour gives chocolate...

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Positive trend of sales for Hugo Boss in Asia

In the markets of Asia/Other Regions, HUGO BOSS again achieved double-digit increases in sales in the first two quarters of 2008 with a rise of 33% in local currencies. In...

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The InBev Customer Service goes to the web

The Business Services Centers of InBev launched the web application BSC on-line, which becomes the preferred way to submit inquiries about financial information and documents.  BSC Online application is easy...

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Dreher 24 – no alcohol

From end of July Deher Brewery offers a new, alcohol free beer called Dreher 24. The drink is avalaible in bottle and in can. Dreher 24 is produced with a...

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Slovenia body blocks sale of Mercator stake

Slovenia's Competition Protection Office blocked the planned sale of 23 percent of Slovenia's top food retailer Mercator.  In June Infond Holding agreed to sell 23 percent of Mercator to Austrian...

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M&S create eco furniture factory

The 150,000 sq ft Westbridge plant in Holywell exclusively produces M&S furniture, including the M&S Fern Collection – the high street’s first entirely green range of upholstered furniture.  Its conversion...

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Campaign for organic food farming in EU

The European Commission has launched a campaign to inform consumers of the benefits of organic food and support those involved in the ever-growing organic market. The promotional campaign focuses on...

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EU approves Mars buy of Wrigley

M&M's candy maker Mars Inc of the United States won unconditional permission from the European Commission to purchase the U.S. No. 1 chewing gum manufacturer Wm Wrigley Jr Co for...

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Danone's One euró Offer

Groupe Danone has unveiled plans to sell a discounted range of yoghurts in France costing one euro for a pack of six following a fall in sales. The French dairy...

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Politician Visit at Kométa

On the end of July Dr. Monika Lamperts parliamentarian visited the Kometa 99's plant in Kaposvar.   Politician meet Giacomo Pedrazzini, the Italian director of the company and they talked...

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Conflicting news about Interfruct

According press informations Interfruct sells their store, but the company said its only closure because of stock-taking.   In the information of daily Napi Gazdaság, the cash&carry chain has signed...

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Super-Pharma to sell products similar to drogeries'

The company, which currently operates only three units in Budapest, has ambitious plans for expansion with the opening of 8 to 15 company owned pharmacies by the end of 2009....

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(HU) Re:pohár a Borsoditól

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New low gassing cheese bag increases output, says Sealed Air

The OSB 4550 shrink bag, claims Sealed Air Cyrovac, is a new addition to its cheese curing bag range and is suitable for both industrial and consumer unit packaging. The...

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Suntrust dumps Coke shares but keeps recipe

SunTrust said it sold 10 million shares of the beverage maker in June and will be another 3.6 million shares in a charitable trust. The remaining 30 million shares were...

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PepsiCo's Positive Surprise

Despite a 1% decline in the Americas beverage business PepsiCo Inc reported that its net income rose to $1.7 billion, in the second quarter that ended June 14, net revenue...

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Bester Q2 by Praktiker

Praktiker AG. cut its full-year sales growth forecast to a low single-digit percentage from a medium single-digit percentage on the back of slowing European economic growth.   Second-quarter net profit...

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Better than expected profit by Whirlpool

Home appliances company's second quarter net earnings were $117 million, quarterly revenues were up 5% to $5.08 billion. The company said that net earnings for the quarter reflected challenging macroeconomic...

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