Company and Personal News
New CEE director at Bonduelle
Date: 2008-06-09 00:00:00
From 1th June Miklos Ostermayer is the CEE regional director at Bonduelle, he is the first Hungarian specialist who has such high position at the French company. Mr. Ostermayer...
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Stricter Conditions on the Merger of Discount Stores Plus and Netto
Date: 2008-06-09 00:00:00
Decreased ownership, 370 stores to sell, not a joint purchasing – this are the most important conditions by German Cartel Office for giving green line on 20 June. It...
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Wal-Mart increased sales in May
Date: 2008-06-06 00:00:00
Company reported a 3.9 percent increase in same-store sales in May, much better than the 1.6 percent gain that analysts surveyed by Thomson Financial expected. Wal-Mart's better-than-expected sales in...
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India's Future Group Stops Selling Cadbury Products
Date: 2008-06-05 00:00:00
Future Group, India's largest retailer, has sent instructions to its outlets to boycott the Cadbury brand over price discrimination, according to media reports. The boycott is the latest in a...
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Nestle's 'KitKat Senses' Required 10 Mln Euro Bulgarian Investment
Date: 2008-06-05 00:00:00
In the plant Nestle's new low calorie edition KitKat chocolate bar “Senses” is produce, the chocolate has been available in the UK since April and by the end of the...
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TESCO Ireland looks for price cuts from UK suppliers
Date: 2008-06-05 00:00:00
Tesco Ireland has confirmed that it held a meeting with its UK suppliers about two months ago seeking price cuts in order to reflect the recent surge in value of...
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New CEO at Ledo Hungary
Date: 2008-06-04 00:00:00
The specialist was the former trade director at the parent company. The icecream and frosen food company, leaded by new CEO Jakov Baricic, has 18% market share in Hungary. Ledo...
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Auchan is accused of illegally land seize in Russia
Date: 2008-06-04 00:00:00
Auchan's oldest location in Russia — a 50 hectare cluster of stores — is standing on a plot of government land reserved for the Russian Institute of Agricultural Sciences. The...
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Starbucks' New Logo leads to Boycott Call in US
Date: 2008-06-03 00:00:00
The US Christian group, The Resistance, has called for consumers to boycott the US coffee giant after saying its new logo has a naked woman on it with her legs...
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Heineken Reforms its Breweries in France
Date: 2008-06-03 00:00:00
The reorganisation will further focus Heineken’s business in France on the branded and growing premium segments of the market. The reorganisation includes an investment of EUR 124 million over the...
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Renovating of three stars Star Hotel Budapest finished
Date: 2008-06-03 00:00:00
The hotel belongs to Mellow Mood Group's City Hotel brand, in frame of rerun all the 48 rooms, the restaurant, the reception and the lobby bar were refurnished. Star Hotel...
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Burger King to extend opening hours in US
Date: 2008-06-03 00:00:00
The company hopes to reduce the gap between itself and competitors, such as McDonald's, in the Late Night daypart. McDonald's is also open until midnight or later in many markets....
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TriGranit grows in Romania
Date: 2008-06-02 00:00:00
The company agreed to take over the operation of three shopping centers in Romania from Austrian property developer Immoeast. The first agreement is about the Euromalls in Galanta and Pitesti...
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Rewe is optimistic
Date: 2008-06-02 00:00:00
German retailer REWE said all of its business divisions posted higher sales in the first quarter of this year, led by a 9.5 percent year-on-year increase in discount supermarket revenue....
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WAL-MART for greener environment
Date: 2008-06-02 00:00:00
Following on announcement in Canada, Wal-Mart has announced it has achieved its goal of offering only concentrated liquid laundry detergent in all of its US stores. According to the retailer,...
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A.S. WATSON launches private label in Marionnaud
Date: 2008-06-02 00:00:00
The move represents a further extension of the Watsons brand in Europe, after the first Watsons Your Personal Store in the region opened in Slovenia in 2006. AS Watson’s Marionnaud...
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10% revenue increase at Co-op chain
Date: 2008-06-02 00:00:00
The store chain, which operates 5,000 units, develops its fresh products offer, nowadays 50% of business comes from this segment. In the first four months of the year Co-op has...
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Vögele store in Székesfehérvár
Date: 2008-06-02 00:00:00
This is the 22. unit of the fashion clothes chain in Hungary, this year company opens 20 new stores. Charles Vögele Group work since 2005 in Hungary, until last year's...
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Kométa sponzors the domestic professional sport
Date: 2008-05-30 00:00:00
This year Kométa 99 Zrt and the Rákóczi Kaposvár FC signed an agreement. The 85 years old football club plays the 8th season in the first liga. Tibor Hollosy, deputy...
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Thousands befriend Soproni's initiative
Date: 2008-05-30 00:00:00
Almost 7,000 messages and signs were written on Soproni's Fan Flag, what would help the national waterpolo team at the Olympic Games in Benjing. Soproni sponzors the national waterpolo team...
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Two candidates for Szobi Szörp
Date: 2008-05-30 00:00:00
One of the special investors would not only rent, but buy the manufacture. The new renter must to follow the manufacture under the brand name Szobi, the plant stands since...
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REWE sets up group for Billa and Penny in Romania
Date: 2008-05-30 00:00:00
Starting this June, the Romanian network of Billa and Penny will share an integrated structure called Rewe Buying Group (RBG) in order to pool resources and increase efficiencies. “It...
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Park Center in Székesfehérvár
Date: 2008-05-30 00:00:00
Until this year's end another 10 Park Center mall will open, in development value of HUF 50-55 billion. The investor, Centermanagement Invest Hungary Kft. has now ten units. The 10th...
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Heinz Posts a Profit and Raises Its Forecast
Date: 2008-05-30 00:00:00
The company posted a 7 percent increase in fiscal fourth-quarter profit, in line with analysts’ estimates, helped by price increases and the weak dollar. The company, which makes Heinz...
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Carrefour opens its 13th hypermarket in Romania
Date: 2008-05-29 00:00:00
The French retailer invested EUR20 million to its new hypermarket, but for this year it stopped the opening and focus on rebranding of the old stores. The new hypermarket is...
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Starbucks to start in Portugal
Date: 2008-05-29 00:00:00
The American Café chain is going to open its first outlet in Portugal in August on a shopping street. During 2009 the company will then expand its presence further with...
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Audio and Visual experience at KFC
Date: 2008-05-29 00:00:00
In the frame of the renovation works of Kentucky Fried Chicken units, the owner AmRest Hungary decided about investing into audio and visual attendance. The first animated menuboard are used...
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