Company and Personal News

New system for collecting PET bottles

CORA has been the first to introduce a new system for collecting disposable PET bottles in Hungary. The system is based on the patented THERMO PRESS technology which reduces the...

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Auchan boosting number of its hyper markets outside Budapest

According to Katalin Gillemot, communications director of Auchan Magyarország Kft., they succeeded in meeting sales targets in 2008 and also in increasing the number of shoppers. Average basket value dropped...

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New Heineken Experience

The Heineken Experience museum in Amsterdam was reopened following modernisation and expansion on 9. December. New interactive units including one where visitors can design and make a Heineken bottle themselves,...

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Revenues of around HUF 500 billion for the Coop-group

According to László Murányi, CEO of CO-OP Hungary Zrt., their revenues totalled HUF 500 billion in 2008, which is 14 percent more then in 2007. 158 new stores were opened...

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New image for Mood Media

The new image of Mood Media has been developed in compliance with the international image adopted in over 30 countries and is intended to emphasise its market leading position, reliability,...

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dm building a logistic centre this year

As Mariann Józsa, purchasing and marketing director has told us, the financial year starts on 1. October for drogerie markt. Sales grew at the planned rate in the first quarter....

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IAB Hungary established

IAB Hungary has been established by 46 advertising agencies and media enterprises, as a section of the Hungarian Advertising Association and also as the 19th member of IAB Europe (Interactive...

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In one month Cora shoppers shrinked 25,000 PET bottle

The CORA started THERMO PRESS shrinking program was very successful, people took a lot of PET bottles to Cora Törökbálint and CORA Budakalász in January.  The shrinking mashine, developed by...

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Hungarian wine borne down French wines in Denmark

Vylyan Winery from Villány is Winery of the Year, according to Danish Vinbladet magazine.  This is the first time that a Hungarian winemaker has been selected No. 1. at Vinbladet...

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TESCO to open 137 stores in Central Europe

UK retailer Tesco plans to open over 130 new stores this year in Central Europe, in Hungary, in Poland, in Slovakia, in Czech Republic and also in Turkey.  Czech newspaper...

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Plaza Centers buys controlling stake in Sofia project

The Dutch-registered property developer that focuses on Central and Eastern Europe, said that it acquired 51% stake in a 75 000 sq m project in Sofia.  Plaza payed 2.78 million...

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Mercator to invest 3 million euró in Bulgaria

The company’s first Bulgarian outlet will be located at the Galeria shopping mall in Stara Zagora in the south of the country.  Mercator has announced plans to open its first...

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Burberry opens children fashion store in Istanbul

The British fashion concern closes plant in UK, but expands abroad.  Company alert decreasing sales in the las quater and closed it second plant in the UK, but the expansion...

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Thanks for SIÓ! – starts in February

Since this month there are on the shops' shelves the 1.5 l SIÓ products joined to the charity program. Consumers who buy them can help pupils to get new school...

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New manager at Szentkirályi Ásványvíz Kft.

From 7th January the company has a new operative director called István Matus, who takes the domestic works from Balogh Levente, onwer and CEO of the company.  Mr. Matus is...

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METRO has no plans to sell Galeria Kaufhof

According German press informations the company is currently working on floating Media Markt/Saturn and considering divesting its Real hypermarket chain. The sale of Adler is close.  Metro CEO Eckhard Cordes...

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Insurance from Lidl Italy

The Italian branch of Lidl has proved to be creative in offering online services. Before, Lidl Italia launched electricity service under lidl-energia.it and holiday trips on lidl-viaggi.it.  Schwarz-owned discount retailer...

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Szentkirályi to expand abroad

Now we are only exporting outside Hungary, but in the near future we want to be an international brand – said Levente Balogh CEO to business daily Napi Gazdaság.  Because...

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Environmental protecting by Wal-Mart

The American retail giant said that it will test two new types of hybrid trucks and two types of trucks powered by alternative fuels to make its trucking fleet more...

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Coke Drops ‘Classic’ Tag From Branding

The change was part of “a broader plan and strategy to revitalize the brand.  Coca-Cola Co has announced that it will no longer carry the word ‘Classic’ on packages of...

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Procter & Gamble to invest 50 million dollars in Romania

The international company to built a factory processing shampoo and other hair car products in Urlati.  The P&G factory, the construction of which started yesterday, will employ 150 people at...

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Woolworths to reopen online

A month after the shutters came down on the last Woolworths store, Shop Direct have paid between £5 million and £10 million for the Woolworths brand name. Shop Direct refused...

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Henkel sell its plant in Barcs

According to local daily Somogyi Hírlap Henkel has decided to shut down its plant in the Hungarian city of Barcs because of falling demand on export markets.  Company wants to...

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Switch off! campaign – also at Borsodi Brewery

The company joined to common program of the EU and the Foreign Office. The aim of the action is to turn inhabitans attention on the energy saving.  In frame of...

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TESCO to sell clothes online

Tesco is to launch an online fashion store, committed to selling its own labels. Tesco had a sucessful trial last year, which demonstrated that there was demand for the online...

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SABMiller Gains Control Of Romanian Brewer

Brewing giant SABMiller has acquired a 71% stake in local brewer Bere Azuga, producer of Azuga and Valea Prahovei beers.  The deal was conducted through SABMiller’s local unit Ursus Breweries....

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HUF 15 million fine for Tesco

The National Communications Authority, Hungary (NCAH) imposed a penalty for Tesco, because it sold, against the prohibition, such radio equipments, wich were not comply with requirements.  NCAH controlled the Technika...

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Pannonhalmi Wine Region makes marketing campaign

The wine-growing community won money from the Hungarian Agrarmarketing Centre for building a new image and making a website for the wine region.  The new logo of the wine region...

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X5 Retail group merge Kopeika?

After a dynamic developing in the country X5 would buy its biggest competitor.  According to reports in the Russian media, X5 Retail Group has been negotiating with Kopeika about a...

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Standard Vodka exists Russia

The company will introduce the Russian Standard brand in countries such as Canada, and expects this to help boost sales by 30-50% this year. It plans to invest $100m this...

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