Company and Personal News
KiK Textil discount soon in Hungary
Date: 2008-06-13 00:00:00
The German KiK (Costumer is the king) is now looking for its Hungarian employers. According its plans yearly 300 new stores will be open. The German company has several stores,...
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Nordzucker to Bid for Danisco Sugar
Date: 2008-06-13 00:00:00
Germany's second-largest sugar refiner Nordzucker is interested in buying the sugar arm of Danish group Danisco and “has the money to pay whatever it costs,” its CEO told financial daily...
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Giant beer aquisitaion on the horizon
Date: 2008-06-13 00:00:00
Anheuser-Busch Acknowledges Receipt of Unsolicited Proposal from Inbev Anheuser-Busch Cos. Inc. in value of USD 46.3 billion. The $65 per share in cash for Anheuser-Busch is 24% higher than the...
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Drogas To Open More Stores in Baltics
Date: 2008-06-13 00:00:00
In Region Drogas, the largest cosmetics and household goods retailer in Latvia, reportedly plans to open four new stores in Latvia and three new stores in Lithuania. Local reports...
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Starbucks Teams Up With SSP To Expand In Europe
Date: 2008-06-13 00:00:00
The world's largest coffee-shop chain, is planning to open more than 150 outlets in airports and train stations across Europe during the next three years via an agreement with UK...
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The first Tchibo Store Outside of the Capital is open in Pécs
Date: 2008-06-13 00:00:00
In the unit at the Árkád mall in Pécs customers can choose between the best coffeemix from South- America and Africa. Tchibo is present with the brand in Hungary since...
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Procter & Gamble outsources its IT works for 650-million-dollar
Date: 2008-06-12 00:00:00
BT announced today they have signed a five-year contract with Procter & Gamble. Under the agreement, the company will provide and manage a broad and integrated portfolio of services...
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Gorenje buys Dutch firm ATAG Europe
Date: 2008-06-12 00:00:00
Slovenia's top household appliances maker Gorenje announced its biggest ever acquisition with a 130 million euro deal to buy Dutch firm ATAG Europe B.V.. ATAG Europe generates 90 percent...
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Successful year behind OBI Hungary
Date: 2008-06-12 00:00:00
In the last business year, ended on 30th April 2008 OBI had HUF 53.7 billion revenue, 16 million visitors in the 21 stores, from them 8.3 millio were customers. In...
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Procter & Gamble Target Russia for Acquisitions and Growth
Date: 2008-06-11 00:00:00
No specific acquisition targets so far. The company has received a lot of support from the country's government in doing its business. Procter & Gamble has declared its intention to...
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NESPRESSO Expansion in Hungary
Date: 2008-06-11 00:00:00
From June consumer can buy Nespresso's mashines not only in the special shop on Andrássy street, but in several Saturn and Media Markt unit too. The sales started in 9...
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Tesco's sales grow by 13.7%
Date: 2008-06-11 00:00:00
UK's biggest retailer reported that sales growth had slowed over the past three months, particularly in big-ticket items such as furniture, as customers tighten their belts. With UK like-for-like sales...
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POP-Rafinanz Group to be on international expansion
Date: 2008-06-11 00:00:00
Since 2007 Rafinanz is the only East-European member of Airport Promotion Agencies. Last year the company has a total revenue HUF 2.5 billion, so it must be reorganize. A new...
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Lidl to open in US by 2012
Date: 2008-06-11 00:00:00
Lidl plans 1,000 new stores in Germany, to enter U.S. market by 2012 German discount retailer Lidl is planning to open up a further 1,000 stores in Germany, meaning that...
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New packiging for Kométa products
Date: 2008-06-11 00:00:00
This year Kométa, one of Hungary's biggest meat producers begins a strong marketing communication campagne. After a big market research and planning periode all Kométa products will get a new...
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New company on indoor market
Date: 2008-06-11 00:00:00
Infirio Kft. operates big digital screens on high prestige HoReCa places in the capital and in several other cities in the country. From summer almost 200 screen can be...
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IKEA salutes New York
Date: 2008-06-11 00:00:00
The world’s leading home furnishings retailer developes a specifically-tailored advertising campaign to promote the June 18 grand opening of IKEA Brooklyn. The 346,000-square-foot IKEA Brooklyn will be the fourth IKEA...
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SABMiller to acquire a Russian brewer
Date: 2008-06-11 00:00:00
Vladpivo, the largest brewer in the Russian far east Primorie region and has an annual capacity of 1 million hectolitres. The value of the gross assets to be acquired is...
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Grouped ax at Pápai Hús
Date: 2008-06-10 00:00:00
It is possible that the new owner of the company don't need so many employees. According to the liquidator Vectigalis, the company Papai Hus meets with the factory board and...
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Agrana to develope at Balkan region
Date: 2008-06-10 00:00:00
The company ensured through a refinery joint venture in Brcko | Bosnia with Studen Group. AGRANA, a leading Central and Eastern European producer of sugar and starch, has acquired, subject...
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X5 want to finance its develope by bonds
Date: 2008-06-10 00:00:00
Russia's largest food retailer by revenue, plans to issue two bonds worth a combined 16 billion roubles ($672 million).The source said the company had not yet defined the timeframe of...
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Wal-Mart Stores Inc sees exploring opportunities in Russia
Date: 2008-06-10 00:00:00
The world's largest retailer, currently operates in 13 markets outside of the continental United States, including Japan and China. It also has established a joint venture in India. Wal-Mart...
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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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Products from Andalucia and Valencia in Cora
Date: 2008-06-09 00:00:00
Costumers in all Cora stores from Budakalász to Szolnok can taste the Spanish foods between 5-22 June. It is the 4th Spanish Week in Cora. This year Andalucia and...
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Beerfriendly happening with Arany Aszok
Date: 2008-06-09 00:00:00
The beer brand Arany Ászok is one of the main sponsors of Sziget 2008 Festival. The beer factory organises several programs and a grandious surpire for beer friends. Also...
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Rain of medals in Mai for Törley
Date: 2008-06-09 00:00:00
The Törley products won several medals at quality international wine competitions. In Mai achievements of four international wine competitions were published. At Decanter World Wine Awards Törley won 2 bronze...
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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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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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