Company and Personal News

Nestlé searces for the secret of healthy aging

On 20 May the first Nestlé research department in Japan has been opened at the Tokyo University. The cooperation which is the part of the Nestlé Science and Research Network,...

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Dance and Törley together again!

This year the competition joined to the Grand Slam tours, so the 43. Törley International Dance Competition is more important for dancer from all corners of the world as before....

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General Electric confirms plans for appliance unit

General Electric is considering shedding its 101-year-old appliances business, which pioneered innovations such as washer-dryers, air conditioners and microwave ovens.   The appliances division, which employs 13,000 people, is a...

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Profits At Imperial Tobacco Fall 45%

The world's fourth-largest cigarette posted a profit of £233m in the six months ending 31 March, compared to £421m in the same period a year earlier. Total sales were up...

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SCD Holding sold its Interfruct Kft Cash and Carry chain

Calslane Holdings Ltd, a financial investor bought the food and chemicals wholesale company for an undisclosed price. SCD sold Cash and Carry in order to clear its portfolio, Hungarian owners...

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Hungarians are interested in insurance for unemployment and disability

GfK research company asked people between 22-55 working since more than one year about the new insurance possibility.   81% of them said they like the construction, 48% are contented...

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Marks & Spencer Group Plc reported 4.3 percent increase in pretax profit

Sales increased 5.1 percent to 9.02 billion pounds, with UK sales up 4.2 percent and sales in the international division up 16.8 percent. Profit achieving the symbolic 1 billion pounds...

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D'Arcy Aveneu makes creative ads for Kométa 99

The company from Kaposvár choosen the agency on an exclusive tender, D'Arcy Aveneu creates the new ads playing soon.  Kométa 99 is one of the biggest Hungarian Meat industry producers,...

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One year – one billion HUF sale increase at Praktiker Hungary

German do-it-yourself chain Praktiker had gross revenue in Hungary of Ft 47.6 billion in 2007, up from Ft 46.3 billion in 2006.  Last year Praktiker opened two new stores in...

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11 million Samsung laptop until 2011

An extra 11 million units must be sold worldwide by the year 2011 in order to reach 5.7 per cent market share — a massive ask, considering Samsung's worldwide market...

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Kemendy and Chapel Hill won silver medals

Products of Torley-Group won two silver medals on this year's Concours Mondial de Bruxelles in France.   1,778 medals awarded in the latest edition of the Concours Mondial de Bruxelles,...

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Coke Zero Underground Party

Last Saturday 2800 people took part on Coke Zero Underground Party on Deak Square, youngs danced until 4 in the morning. The party started at 11.30 pm, when the public...

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Toffifee football on the United Way Children's Day

This year Storck joined to sponsor United Way's Children Day in Millenaris Park. On the event children and adults can play football on the green grass, on the table or...

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Standard & Poor's lowered Tesco to 'A' from 'A+'

The downgrade reflects the deterioration of Tesco's financial profile below the minimum levels needed to sustain 'A+' ratings as well as the announcement that it will acquire a store portfolio...

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Auchan to spend 80 million EUR in Romania

French retailer plans for 2008 two hypermarkets, for the next year another 8 sites.  Auchan entered to the Romanian market in 2006 and had invested 300 million euros in five...

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Barbie-Bratz Toy War

Mattel Inc., the world's biggest toymaker, may add as much as $500 million a year to its revenue by winning a copyright suit against MGA Entertainment Inc. over the Barbie...

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Unilever to Develop New Milkshake

The new weight loss drink that tastes like a milkshake significantly reduces appetite and could soon join Unilever's $400 million Slim-Fast weight-loss brand, the company's researchers said. The researchers, who...

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Carlsberg To Raise $6.3bn

76. 3 million new B shares will be offered to investors for 400 kroner each.   Carlsberg has announced that it will sell shares worth 30.5bn kroner ($6.3bn) to current...

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New Natural Sweetener from Cargill

Rebiana, which will be sold under the name Truvia, will be available this year as a tabletop sweetener.  Agribusiness and commodity trading group Cargill Inc said that it expects its...

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Nestle SA aims to increase growth from its central and eastern Europe (CEE) region

Currently, Nestle's CEE region only accounts for 5.6 billion Swiss francs of its European annual sales, but says the region has been growing underlying sales in double-digit percentages for a...

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New head of brand marketing at BAT Hungary

Laszlo Hunyadi worked before as brand manager at several multinational companies in Hungary. The specialist graduated at College for Modern Business Studies, he started his carreer at Unilever's marketing department,...

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Dairy farmers threaten boycott against Aldi

The discount chain cut its butter price on to ten years bottom, two weeks ago decreased the milk price – the German farmers are angry.   About 1,500 farmers in...

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1,000 school bags from SIÓ

The soft drink company helps for children from needy families to get their new school bags in August.  Action under the name „Thanks for SiÓ!” the firm call the schools...

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Parmalat: 18% less profit

The result is lower than that of 2007 not only due to the abovementioned reasons but also due to the negative impact in unit sales, the higher fixed production costs...

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Organic milk by Sole-MiZo

The cows are feed only with own produced forages, it must be clean from chemicals. Cows can't get any output gradation and antibiotic.  Sales and marketing director of Sole-MiZo said...

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HUF 30 Million Penalty for Auchan Hungary

According to Hungarian Competition Authority the hypermarket chain have to pay HUF 30 million because of misleading consumers.  Auchan kept insufficient stocks of products which it promoted in its newsletters...

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Glencore plant in Fokto

When the plant starts to work, the whole Hungarian oilseeds stock can be process here.  According to the plans the HUF 5 billion development will be ready until 2H in...

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Coca-Cola seeks more acquisitions to grow business

Sales of established soft drinks are declining in the United States as people opt for the likes of bottled water and tea, which they see as healthier.The soft drinks market...

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X5 Retail Group given go-ahead to buy Karusel

The Federal Anti-Monopoly Service has given the green light to X5 Retail Group N.V. to acquire rights to determine the terms of business for Rusel (the Karusel retail chain trademark)....

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