Company and Personal News

Metro Not Yet In Talks Over Kaufhof

According to specialist the value at about E3.0bn, including property worth about E2.0bn. Kaufhof operates 126 stores in Germany and 15 outlets in Belgium.  The Metro Group has not yet...

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Americans like to shop at Tesco's Fresh & Easy stores

Tesco received a strong positive reaction to its Fresh & Easy convenience chain in the U.S., the Financial Times reported, citing independent research seen by the paper.   The research...

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MasterCard launches mini PayPass cards in Spain

Initial trials will take place in Las Palmas de Gran Canaria and 400 customers and 15 merchants, mainly restaurants and pharmacies, will participate.  MasterCard partners with Spanish financial institutions La...

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Wal-Mart Stores Inc's quarterly profit rose 7 percent

Net income rose to $3.02 billion, or 76 cents per share, in the first quarter ended on April 30, from $2.83 billion, or 68 cents per share, a year earlier....

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33% profit growth at Unilever

The company closed the first quater with a 1.34 million euros operating profit sales grew by 7.2%, with 2.3% from volume and a 4.8% increase in price.  Europe grew by...

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Supermarket Edeka to sell some Plus outlets to appease cartel office

German supermarket chain Edeka could sell off some 400 outlets in Southern and Eastern Germany to raise its chances for getting regulatory approval for its Plus take-over from the German...

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GKI’s business sentiment index hits bottom

Firms have not been downbeat ton such an extent since three years, consumers since thirteen years.  In April the seasonally adjusted Economic Sentiment Index of GKI that have been published...

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Second Piramis Center to built in Dunaujvaros

Israelian property developer Casaro Hungary Kft developes a 15,000 sqm big shopping mall, in value of HUF 60 billion. The first Piramis Center's build started in April, according to plans...

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Rossmann Face Lifting in Czech Republic

The drogerie chain reshuffle its stores and opens 10 new units, most of them in Prague.  The company reorganises its offer, decrease the number of nonfood products and increase the...

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Leclerc launches fairtrade private label

Leclerc has recently launched a new private label range called Entr'Aide. The range consists of 18 fairtrade SKUs (16 dry-grocery items, orange juice and bananas).  Leclerc has promised that its...

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International Growth Boosts H1 Profit At Douglas Holding

Retail major Douglas Holding has seen its first-half net profit rise 2.9% year-on-year to E88.8m, as it expanded its perfume shop chain outside Germany. Pre-tax profit for the quarter ending...

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Delhaize profit disappoints, hit by week dollar and high costs

The Belgian supermarket group's earnings before interest and tax (EBIT) fell to 205.7 million euros from 229.6 million euros a year earlier, it said. The average forecast was 218 million...

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Springfield stores in East-Hungary

After 6 shops in Budapest and one in Kecskemet, company opens stores in Eger and Nyiregyhaza. In five from all 9 units the Springfield Woman collection is also avalaible.  ...

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STI Group expands international network

The latest partner to join the STI network is the Turkish companies Dasa and Milas Ambalaj of Istanbul. The corporate association is a well-known manufacturer of premium packaging and displays...

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Puma Profit Falls 6.7%

Puma AG Europe's second-largest sporting-goods maker, said first-quarter profit fell 6.7 percent after marketing spending climbed before this year's European soccer championships and Olympic Games.   Net income dropped to...

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Good start for Henkel in a challenging environment

At 320 million euros, operating profit (EBIT) was roughly at the high level of the previous year (-0.9 percent). After adjusting for foreign exchange, EBIT growth amounted to 2.5 percent....

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Real Joined to Vanish Donation Action

The retail company pays 10 HUF after every in chain sold Vanish product.   The donation program started in March 2008, until this time almost 550 m3 clothes, 7,000 bags...

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Tesco to sell property website

Tesco launched its property portal at the start of July last year, listing details of more than 300,000 homes for sale. Most of the listings were provided by the fish4homes...

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Cornexi under liquadition

According to company's CEO the situation is hopeful, there are talks between the Cornexi's mill industry unit and the creditors.   The insolvent part of the company was separeted in...

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Dreher beers get Monde Selection Awards 2008

Every 6 nominated product of Dreher has done well, four of them got „Grand Gold Medal”, two won gold medal.   The Monde selection Awards 2008 held in Belgium, has...

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Atradius credit insurance to built new collections firm in Hungary

Atradius Collections, part of the Atradius Group, continues its rapid expansion with investments in its international presence. Over the last seven months, the dedicated business-to-business collections company has opened new...

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New mystic website by Magnum

Thanks to the last years' succes Unilever's Algida section build a new, more complex, more interactive website together with HPS Group on-line group.   The www.magnumcsokimisztikum.hu website carry back the...

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IMIGe to change its management

After 8 years Zsolt Dunavolgyi former sales and marketing director leaves the company, for a short periode his work will continoue by CEO Tamas Gady Kayser. From midle of Mai...

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Agents to uncover thieving employees in the Czech Republic

Food and electronic retail chains as well as other companies often hire special agents to help uncover thefts committed by their own employees.   According to British Center for Retail...

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Successful 1Q in 2008 at Zwack

Company has a stabil, 5.6% growth in brutto sales and a 6.5% in netto sales. Domestic sales increased in premium and commers segment thanks to the early Eastern. The export...

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(HU) Futóversenyeket támogat a Storck

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SAP's profit fell down

The net profit in the January-March period fell 22 percent to 242 million euros ($376.82 million) from 310 million euros a year earlier.   Software maker SAP AG said Wednesday...

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Refrigerator room added to Lekkerland warehouse

A new, 140 square meter refrigerator room has been added to the Lekkerland warehouse. This will allow Lekkerland to begin supplying 30 kinds of fresh products, like dairy products, desserts,...

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Why was it important for your company to be among the first signatories of the Declaration?

Jack Castelein, CEO of Friesland Hungária Zrt.: – We are committed to actively participating in improving the quality of life for consumers. We launch innovative and healthy products to help...

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