Company and Personal News

Football Toffifee for kids

This year, Toffifee, a Storck product has joined the “Children’s Day for Everybody” event organised by United Way. Storck has been committed to an active lifestyle and a balanced diet...

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Whole Foods Market in Europe as well

Excellent quality bio foods produced without chemicals and additives are sold by the Whole Foods Market chain. It not only supports local farmers but benefits those of the third world...

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Record sales for M3 Outlet Center

Over 22,000 customers visited the M3 Outlet Center opened on May 17, at the first weekend. Triumph, Columbia, Puma, Gant and Replay are some of the brands represented in the...

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Eckes-Granini believing in strong local brands

Thomas Hinderer, chairman of the board from the Eckes-Granini group visited Hungary in May. He discussed the international trends in the market of soft drinks with us in Siófok. –...

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Tesco for fruit and vegetable consumption

„The goal of the „Eat daily 3x fruit or vegetable!”action is to popular the eating fruit and vegetable between people. Tesco started the action to decrease the high number of...

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More than HUF 2.2 billion dividend at Zwack

Hungary Zwack AGM voted on company's highest dividend HUF 1,100 pro shares.  Hungarian distiller Zwack has reported HUF 3.007 billion after-tax profit for the 2007-2008 business year. The AGM voted...

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Penta to buy Debreceni Hús

The transaction has been cleared by the Hungarian and Slovakian competition authorities, according to the announcement.  Czech-Slovak private-equity company Penta has taken over Hungary’s Debreceni Hús, Hungary’s second largest meat...

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Nespresso Lattissima to buy in Budapest from September

The Nespresso Lattissima lets you make single-serving cappuccinos and lattes in a snap.  Co-developed by Nestle Nespresso and De'Longhi, the machine features Nespresso's hermetically sealed coffee system, a one-touch fresh...

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Two new Tesco Opening on Same Day

From 27 June start to work two Tesco supermarket, one in Sülysáp and other in Szolnok, which is company's 6th green store.   The Szolnok Tesco store has a „green...

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Beer companies merger cancelled?

Anheuser-Busch Cos Inc rejected InBev NV's $46.3 billion takeover bid on Thursday, calling it inadequate, but the largest U.S. brewer left the door open to a higher bid.  Anheuser's board...

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Green light from Brussels for SPAR-Plus transaction

European Comitee approved that SPAR Hungary can buy the Plus chain. In March Spar Hungary bought the 174 stores discount chain from Tengelman. The Plus chain had HUF 100 billion...

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Tastes of the former Ost Block

Penny extends its privat label offer with 160 well-known brands from the former socialist GDR (German Democratic Republic). The Rewe-owned Penny discount chain has said it is extending its ranges...

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Diageo to Sell Zwack Liqueur in the USA

After a success test periode the two companies signed a royalty agreement.  The selling starts in September, the costs and risks of brand building takes Deageo. This business don't affects...

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SPAR to open supermarkets in Croatia

According to reports in the local press, Aspiag (Austria SPAR International AG) plans to introduce its Spar supermarket banner to the country in 2009.   SPAR entered the Croatian market...

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Rewe given green light on Adeg bid

Following the transaction, Rewe would increase their share of Adeg from 24.9 per cent to 75 per cent and thereby have sole control of the company.  Rewe notified its intention...

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The Goal is 10 New Billa Store in Romania

Romania is one of the best markets for Billa in Europe, being left behind only by Russia. According to Wolfgang Janisch, CEO of Billa Romania, the largest supermarket network on...

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New aseptic technology by Cryovac

The company claims that the Cryovac FM Aseptic film delivers a lower cost per kilogramme of product when compared to competitive systems.  The Cryovac Flavour Mark (FM) Aseptic FMA855 film...

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Five Hungarian Artist in Henkel Art Award International's Final

107 Artist take part in 7th Henkel Art Award Hungarian competition. Five from them go to the final in Wien, where Artist from 29 countries show there products for the...

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Packing tender at Zwack

The artists have to make bottle, label and logó plans for company's Nemes Pálinka-s until 15. August.  Zwack is looking for a new, trendy packing for its Zwack Sándor Nemes...

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Hungarian to Drink Yearly 105 Liter Mineral Water

The seasonality disappear, for today mineral water is basic food.   According to AC Nielsen Research the Hungarian mineral water market is almost 1 billion liter /year, in value HUF...

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Nestle stands by GM crops

Nestle chairman Peter Brabeck has called on European policymakers to reconsider their opposition to genetically modified crops. 'You cannot today feed the world without genetically modified organisms,' the Financial Times...

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Nordzucker to Bid for Danisco

France's leading sugar producer, Tereos, abandoned plans to bid for the Danisco business. The withdrawal is expected to leave Nordzucker as the sole remaining contender.  Germany's second largest sugar refiner,...

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Korean Lotte Group to buy Guylian

The Asian conglomerate plans to market Guylian chocolates in China, Japan and other Asian markets through its distribution network in the region. Lotte Group, the South Korean major, has announced...

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Aldi's sales drop in Germany in 2007

According to a study by market research institute GfK and consultancy Accenture German discount retail chain posted a decline in sales in its German home market for the first time...

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Sales rise at Sainsbury's but less than predicted

Total sales rose 8.1 per cent in the 12 weeks to June 14, boosted by the sharp increase in petrol prices. Excluding fuel, the increase was 4.5 per cent.  Underlying...

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Soproni's Fan Flag in Győr

Until this time more tousand of fans signed the flag, which will accompany the Hungarian Waterpolo Team to the Benjing Olympic Games. Last Saturday sport friends signed the Soproni's 200...

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Imperial Tobacco to axe 2,440 jobs after Altadis takeover

Britain's Imperial Tobacco said it will cut six percent of its workforce, with France bearing the brunt of job losses, following the takeover of French-Spanish peer Altadis.   The Bristol...

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Delhaize Express Clatteres in Romania

The rising number of customers and an increase in the average shopping basket helped Mega Image's growth by over 20% in 2007 year-on-year. The company, owned by Belgium's Delhaize group,...

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Valio Building New Dairy Facility in Leningrad

According to local reports, the new plant, run by Finnish dairy products manufacturer Valio, is expected to start operating in July-August.  The new plant, which is Valio’s second production facility...

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New Leaders at Interfruct

From June Attila Boros is the CEO of the company, Mr. Gabor Csorba is the chief executive officer of the Interfruct's owner Inter-Invest Close Company.   Attila Boros works since...

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