Company and Personal News
Hewlett-Packard to cut 24,600 jobs
Date: 2008-09-17 00:00:00
Hewlett-Packard announced that it would eliminate 24,600 jobs, or 7.5 percent of its work force, as part of its plan for digesting Electronic Data Systems, the computer services giant that...
Read more
New leader at Unilever Central Europe
Date: 2008-09-16 00:00:00
Herman Verstraeten, currently Chairman Unilever Russia, Ukraine and Belorussia (RUB) will be appointed as Chairman Unilever Central Europe, with effect from 1st September 2008. The Belgian specialist will substitute Tracey...
Read more
Bonduelle, Coopagri In JV
Date: 2008-09-16 00:00:00
Food group Bonduelle has announced that it is forming a frozen vegetables joint venture with cooparative group Coopagri. The new entity, in which Bonduelle will have a 37% stake, will...
Read more
Labor costs rise in Hungary
Date: 2008-09-16 00:00:00
According to Eurostat the labor costs in Hungary rose 7.6% in the Q2 from the same period a year earlier, well over the 3.4% increase for the EU27, but under...
Read more
Wal-Mart Seeking Approval To Open Bank in Canada
Date: 2008-09-16 00:00:00
The retailer giant has applied for regulatory approval to establish its own bank in the country, according to a notice on a Canadian government website. By obtaining a banking license,...
Read more
Starbucks-Unilever ice cream deal
Date: 2008-09-16 00:00:00
The British food giant will research and develop new products using Starbucks coffee flavours. Starbucks signed a licensing agreement with Unilever to manufacture, market and distribute Starbucks ice cream products....
Read more
SPAR Switzerland campaign with FIFA female umpire
Date: 2008-09-16 00:00:00
In Switzerland, SPAR is operating an EDLP strategy for a specified range of 300 products in its EUROSPAR and SPAR outlets. It is called '”Our smallest price”. Once a month,...
Read more
Tesco contra British Government 1:0
Date: 2008-09-15 00:00:00
In his budget, Chancellor Alistair Darling said that one of his reasons for upping duty was that the price of wine in supermarkets had fallen over the last ten years....
Read more
Czech PPF buys 50% stake in Russian Eldorado
Date: 2008-09-15 00:00:00
Czech Republic’s PPF Group has purchased 50% of shares in Russia’s largest home electronics retailer Eldorado. Russian Business Daily Vedomosti reported the deal is worth around $400-800 million, although market...
Read more
CIB Bank has frozen Zalabaromfi's bank accounts
Date: 2008-09-15 00:00:00
According to press informations Hungarian poultry company cannot pay either its employees or its suppliers. Zalabaromfi has forced its several hundred employees to take temporary leave. Zalabaromfi's management told that...
Read more
Real To Put Up More Self-Service Checkouts in Germany
Date: 2008-09-15 00:00:00
Metro's Real chain plans to expand the number of stores that house self-service check-out counters, and will introduce the same to 110 of its outlets by the end of the...
Read more
Diageo to built new brewery for Guiness
Date: 2008-09-15 00:00:00
The new brewery will produce Guinness to meet growing export demands and will also brew ales and lagers with a capacity of 5m hectolitres. Diageo Ireland is announcing that it...
Read more
Record Ikea sales over 20 billion euros
Date: 2008-09-12 00:00:00
Swedish furniture giant Ikea posted record earnings this year, but after a decade of booming expansion it now sees growth slowing, its director told financial daily Dagens Industri. Ikea, which...
Read more
Henkel Named to Latest Dow Jones Sustainability World Index
Date: 2008-09-11 00:00:00
Just 10 percent of the 2,500 largest corporations in the world are named to the DJSI World in an annual economic, ecological and corporate social responsibility review performed by SAM...
Read more
New Trade Marketing Manager at Kraft from 1 September
Date: 2008-09-11 00:00:00
Szilvia Varga joined in 2001 to company. From the first moment she worked on trade marketing field. The specialist was responsible for chocolate bars, than for coffees and cheese. Since...
Read more
Month of Recycling to start
Date: 2008-09-11 00:00:00
It is the second case, that Öko-Pannon's Recycling Camion roll out and in frame of an exhibiton shows how the could we recycling the packiging wastages. The roadshow starts on...
Read more
SPSS to work with PR Agency
Date: 2008-09-11 00:00:00
SPSS Inc. is a leading worldwide provider of predictive analytics software and solutions, the company choose LEWIS PR to care about company's communications in Hungary. According to Adam Bukkosy, business...
Read more
New Special Palinka from Zwack House
Date: 2008-09-11 00:00:00
Costumers can taste the freshest Yellow Muscatel Palinka at this weekend on 17th Budapest International Wine Festival 2008. Next opportunity is in October at the Palinka and Sausage Festival in...
Read more
Carrefour to invest in Southern Russia
Date: 2008-09-11 00:00:00
According to local press reports, Carrefour plans to invest USD100 million in Russia's Krasnodar region over five years. The retailer will sign an investment agreement on the construction of hypermarkets...
Read more
Fresh & Easy to Introduce Over 200 New Own-Brand Products
Date: 2008-09-11 00:00:00
Over 80% of customers cite Fresh & Easy's own-brand products as one of the main reasons they shop at the stores, based on the company's customer surveys. With own-brand products...
Read more
Lidl pays fine for the state and its employees
Date: 2008-09-10 00:00:00
According to Spigel news magazin he discount chain will pay around E0.6m-0.7m in Lower Saxony alone, through having to pay 60 to 70 fines of E10,000 each. Spring time Germany's...
Read more
Podravka Improved Results
Date: 2008-09-10 00:00:00
Croatia's top food group Podravka expects to show better results at the end of this year after a campaign to cut costs, the company's new CEO said. Podravka, which operates...
Read more
Hitachi fridge emits Vitamin C to keep frozen food fresh
Date: 2008-09-10 00:00:00
Hitachi sells a number of fridges on the Japanese market that lower the oxygen density via an integrated pump. Hitachi announced in Japan they will start selling the R-Y6000, a...
Read more
Nespresso Special Club Jinogalpa Coffee
Date: 2008-09-09 00:00:00
Named after the two main regions in the mountains of Nicaragua, Matagalpa and Jinotega, the 100% arabica coffee offers intensity and body with sweet, sandalwood aromas and a hint of...
Read more
Cryovac® RS1500 – for cure-in-the-bag cheese
Date: 2008-09-09 00:00:00
Cryovac's new development is a high performance, high sealable, multilayer, shrink material with controlled permeability ideally suited for high gassing cheese packaging. Cryovac® RS1500 is especially designed to run on...
Read more
Auchan To Expand Store Network in Portugal
Date: 2008-09-09 00:00:00
The French hypermarket giant plans to open three new outlets in Portugal by the end of 2008, taking its store network to 22 outlets in the country. A report in...
Read more
Kraft to focus on 10 brand
Date: 2008-09-08 00:00:00
Kraft Foods Inc will focus on 10 countries and 10 brands to expand internationally, the unit outside the United States should produce more than $18 billion in sales in 2008....
Read more
OBI reposition campaign
Date: 2008-09-08 00:00:00
Costumers said OBI has a market oriented offer, consumer's friendly service kit and attractive prices. This spring OBI made an attitude research about itself and the whole DIY market in...
Read more
Olympics boosted Adidas's first-half sales in China by 60%
Date: 2008-09-08 00:00:00
Adidas will reach its target of “high single-digit'' sales growth and 15 percent earnings growth in 2008 said company's Chief Executive Officer Herbert Hainer. Adidas, based in Herzogenaurach, Germany, will...
Read more
