Company and Personal News

Apenta Marathon for drug free Hungary

After the running competition enquirers could taste several Apenta products and enjoyed the Apenta „water plays”.  Hungary's biggest marathon run started on 12 April and an event series to attract...

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Veropoulos investment in Serbia

Greece-based company is planning to reinforces its position in Belgrade, Serbia with the aim of increasing its numbers of Super Vero stores to 15. Veropoulos has already started construction of...

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Sweety-icy business in Russia

The Estonian ice cream maker Premia Tallinna Kulmhoone has acquired Russia's oldest ice cream maker Hladokombinat No. 1 for an undisclosed sum. Based in St. Petersburg, Hladokombinat No. 1 has...

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IT System Change at Wal-Mart

The first phase of the global roll-out is expected to be completed in the next two years, with a second and third phase completed in three to five years. Wal-Mart...

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Serbia's Delta Maxi to open 10 stores in Bulgaria

Delta Maxi bought a majority stake in Bulgarian retail chain Piccadilly last year, the company would invest 70 million euro in Bulgaria over the next two years.   The group...

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Mol-CBA co-operation

From the future CBA delivers food and other products to Mol-shops, with this agreement CBA's revenue grow with HUF 1.5 billion. According to long term plans CBA could deliver not...

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Reorganisation at Electrolux Italy

The largest appliance maker in Europe said it will close its factory in Scandicci, planned to eliminate about 750 jobs.   Electrolux is cutting costs to improve profit margins and...

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New organic food products from SPAR

There is an every day growing demand for healthy living and eating, as answer for it in Mai SPAR increased its privat label organic sortiment: Natur Pur.  The new Natur...

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Le Cube coffee mashines – elegancy and the passion

Le Cube has a highly stylised retro design in smart Red/Black or Aluminium colour finishes.  Adjustable grate/cup holder for preparing a short Espresso or a tall Latte Macchiato. The innovative...

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Polish firm on the Russian Vodka Market

Spirits producer CEDC will pay $157 million for a 40% stake in Russian Alcohol, which will ensure the company a leader position on the Russian market.  Central European Distribution Corp....

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Danone Launches Healthy Milk Project in Turkey

The Turkish branch of Danone, Danone Tikvesli, has inaugurated its “Healthy Milk Production Facility” in Yeniköy, in the region of Afyonkarahisar. The “Healthy Milk Production Facility” is in fact a...

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InBev Working on $46 Bln Anheuser Bid

According to Financial Times a financing package of $50 billion had already been provisionally arranged through JPMorgan and Santander.   When the two companies merge, the new company's value were...

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Informatic Developing by Pick Szeged

The new system gives up to date information about whole sales chain and the manufacturing to optimize the leader's dicission and the traders' work.   The Oracle business intelligence system...

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Piramis Center Foundation Stone in Tiszaújváros

After a few months first working 75% of the by Casaro Hungary built mall is let. Renters could move on November 2008.  In the 6,000 sqm plaza among others a...

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Germany's Intersnack Buys two Czech Firms

Intersnack, which employs nearly 500 staff, entered the Czech market in 1992 by acquiring a potato chips production facility from agricultural cooperative JZD Choustnik. Intersnack of Germany, its brand are:...

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Coca-Cola and PepsiCo Vow to Stop Targeting Adverts to Under-12s

Concerned by child obesity, the International Council of Beverages Associations (ICBA), which represents the global non-alcoholic beverage industry has adopted new guidelines on marketing to children. The ICBA said that...

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New owner at Shopping City Süd In Vienna

The Dutch-French Hans Dujsik Privatstiftung paid 607 million euros for the retail and leisure complex, like very much by Hungarian Consumers too.  With a total surface of approximately 300,000 m²,...

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Kaufhof prepares to become independent

Metro earlier said it no longer sees Kaufhof's 126 domestic outlets and 15 stores in Belgium as part of its core business, but so far has not said what options...

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Delhaize Reiterates H2 Profit Forecast

Delhaize has reiterated that it expects profit growth in the second half of the year, and maintained full-year forecasts.  Delhaize expects EBIT to grow by 6 to 8% this year,...

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High performance Vertical Pouch Packaging technology for ready meals

Cryovac® flexible pouches are made of fully co-extruded, multilayer, high barrier film.The technology results in hygienic packs that ensure prolonged shelf life, convenience and security.   Kivircik is the leading...

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Staropramen more than doubles profit to CZK 578.4m

Czech brewery, part of InBev, raised revenues from Kc3.56bn to Kc3.75bn and more than doubled the profit to Kc578.4m last year from Kc231.3m in 2006. Pivovary Staropramen is the second...

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150,000 euros Henkel assistance for the victims of the earthquake in China

Working closely with the Henkel sites in China, the company is already in the process of channeling a large portion of this emergency aid in the form of monetary and...

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Spar makes Harmony

The retail company published a new life style magazin for its consumers. With the new 32 sites premium issue Spar Hungary wants to mediate the healthy life style to its...

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Britvic 13% pre-tax profit increase

The company said its Irish drinks business, acquired from Magners maker C&C Group in August last year, was performing strongly, helping drive a 29pc increase in revenues to £455m in...

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Auchan wants a Bigger Presents in Russia

According to local government data French retailer plans to invest 320 million euros ( in expanding its store chains in the Moscow region.   Auchan has been present in the...

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Atradius Selected Best Credit Insurance Provider 2008

According to the judges of World Finance Magazine, Atradius is instrumental in offering reliable and efficient service that is useful for a wide range of different markets.  Atradius offers credit...

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Golden rain

Dreher Sörgyárak Zrt. has achieved the greatest success so far at the Monde Selection international beer competition, winning four Grand Gold medals and two Gold medals. Brands achieving a score...

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Mystical ice ream web site

A more complex and more interactive web site than ever before has been designed for the Magnum brand of Unilever Kft. Algida by HPS Group online for this season. The...

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Stuck

My new position demanded that I spend weeks in Romania and Bulgaria as well. I had mixed feelings about this, not having an idea of what to expect. Investment and...

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Client base of Mood Media continues to grow

Cora has signed a contract with Mood Media for another three years. A more flexible technology is to be used by the retail chain, which will allow advertisements and information...

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