Company and Personal News
One third market share for Heineken Hungaria
Date: 2008-02-27 00:00:00
In spite of bad business environment the company increased its sales and profit in 2007. Last year the company sold 9% more beer, almost 2,400 hectoliters, the nettó sale...
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Extra guarantee at Indesit Company
Date: 2008-02-27 00:00:00
Customer can raise the „normal” two years guarantee at Indesit products with another two, at Hotpoint-Ariston products with extra 3 years. According to GFK Research Company on the Hungarian market...
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Electrolex sales over HUF 200 billion
Date: 2008-02-27 00:00:00
The sales growth is to thank to the capacity increase of the plants in Jaszbereny and Nyiregyhaza. Last year Electrolux sales increased with 11% to HUF 201.1 billion. The company...
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Procter & Gamble Co to cut about 15 percent of its management staff
Date: 2008-02-27 00:00:00
The company aims to accelerate annual productivity growth from 6 percent to 7 or 8 percent over the next five years. The world's largest household and personal-care products maker also...
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Aldi enters the Polish market
Date: 2008-02-27 00:00:00
The German discounter Aldi, opened its first seven stores in Poland on 25 February. The network’s discounts are located in Poznan, Jelenia Gora, Sulechow, Glogow, Zory, Brzeg and Tarnowskie Gory....
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Anheuser-Busch Considering Counter-bid For Scottish & Newcastle
Date: 2008-02-26 00:00:00
Anheuser-Busch reported to be examining whether to launch a last-ditch counter-offer for Scottish & Newcastle, the UK's biggest brewer. According to an unsourced article in the Sunday Times newspaper, the...
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Auchan To Revamp Private Label Packaging
Date: 2008-02-26 00:00:00
The new packaging focus on modern looks and clarity. The programme, which was started at the end of 2007, has been rolled out to 800 of its 10,000 lines. Auchan...
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Kofola Buys Slovak Non-Alcoholic Wine Brand
Date: 2008-02-26 00:00:00
The Czech company becomes Coke Zero competitor with bez soda launch. Czech beverage firm Kofola has acquired the “Vinea” brand, also known as the “non-alcoholic wine” from Slovak wine producer...
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M&S Reported To Be Discussing Moves Into India And Israel
Date: 2008-02-26 00:00:00
Marks & Spencer is in talks with India's Reliance Retail for an equal joint-venture for apparel, food and cafes, according Economic Times, citing unnamed sources. A deal could be reached...
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Less handicraft wine, but solid image by Monarchia
Date: 2008-02-26 00:00:00
The trade company decreases its wine offer and building a strong brand. The Hungarian member of the Monarchia Matt International group, Monarchia Winery cut down its bidding from 25 to...
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Supermarket giants in online price war
Date: 2008-02-26 00:00:00
Britain's biggest supermarkets are preparing for a fierce online price war to gain market share and lure shoppers away from rivals. Escalating competition between the dominant players prompted one executive...
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Wal-Mart doesn't grow its suppliers from China
Date: 2008-02-26 00:00:00
The retail giant is present with shops in China, but doesn't believes in the product made there. Wal-Mart said it will continue to source an estimated $9 billion of manufactured...
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Developments at Hungexpo
Date: 2008-02-26 00:00:00
In the latest phase of improvements made by owner GL events, construction has been launched on Pavilion G.Gross exhibition space there will be 9,504 sq m, the indoor high 12...
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dm- The Best Workplace for Women
Date: 2008-02-25 00:00:00
Last year the drugstore chain won „The Most Family Friendly Company” award, this year it get „The Best Workplace for Women” award too. On the tender, set up by Association...
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Director of Pecsi Beer Manufacture leaves the company
Date: 2008-02-25 00:00:00
Andras Csengõ leads the company, belongs to Austrian Ottakringer-Group, since 2005. The manager leaves the company on 1. March because of strategic clash of opinion, but he is still the...
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Cadbury to Plan 250 Million euro Investments in Poland
Date: 2008-02-25 00:00:00
Poland has been in competition with other Eastern and Central European countries for the Cadbury business, which could create 1,000 jobs. Cadbury is already present on the Polish confectionery market...
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Remaking the in Hungary 10 Years Old Praktiker
Date: 2008-02-25 00:00:00
The „Do it yourself” store chain has 17 units in the country, but it plans new stores in the next years. The company has festal ad campagne, organised by its...
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Camel Gets a Makeover
Date: 2008-02-25 00:00:00
Though the enduring image of the Camel has not changed in the updated packaging, the animal is surrounded by a fresh look. The box also touts the brand's history: “Since...
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P&G joined to P.R.I.S.M.
Date: 2008-02-25 00:00:00
Research shows that 70% of final purchase decisions are made at the shelves. In 2006 Nielsen Company made a substantial progress in formulating a new in-store media metric. PRISM (Pioneering...
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Kofola sales up 15% in 2007
Date: 2008-02-22 00:00:00
Czech non-alcoholic drinks producer Kofola had Kc4.553bn sales in Central Europe last year, its sales in the Czech Republic jumped by 32.2 percent to Kc3.035bn. The growth came mainly thanks...
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In spite of high raw material costs Nestle's profit rose by 16%
Date: 2008-02-22 00:00:00
In 2007, consolidated sales of the Nestlé Group amounted to CHF 107.6 billion, an increase of 9.2% over the same period last year. This was driven by organic growth of...
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Tesco Calls For Ban On Sale Of Cheap Alcohol
Date: 2008-02-22 00:00:00
Tesco has called for the Government to introduce new laws to ban the sale of cut-price alcohol amid growing concern over the levels of binge drinking. Tesco's chief executive, is...
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Podravka Opens Semi-Industrial Laboratory
Date: 2008-02-22 00:00:00
The value of this investment was 5 millions kunas. In the 400 square meters building the Podravka experts creating completely new products and improving the existing ones. The semi-industrial laboratory...
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REWE/ADEG deal may face EU regulatory hurdle
Date: 2008-02-22 00:00:00
Austria's largest supermarket group REWE (Billa, Merkur, Penny) has announced that it wants to increase its interest in fourth-largest supermarket chain ADEG from 24.9 to 75 per cent. The experts...
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Naturella Oazis by P&G
Date: 2008-02-22 00:00:00
The company imagines green oazis in five Hungarian cities. The action started on 2 February in Budapest, after Debrecen and Pecs, this weekend the Naturella Oazis stands in Gyor, the...
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Bunge Buys German Margarine Maker Walter Rau
Date: 2008-02-21 00:00:00
Established in 1903, Rau, which has a turnover of 130 million euro, employs 280 staff at its sites in Kleve and Hilter. This interconnection is intended to integrate Rau...
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Henkel innovation award for successful products
Date: 2008-02-21 00:00:00
This year’s award ceremony took place on Henkel Innovation Day. Celebrated for the first time on February 14 at all Company sites in the 125 countries around the world in...
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Heineken announced today a 23% organic growth in net profit for 2007
Date: 2008-02-21 00:00:00
Organic growth in revenue was 7.3%, driven by strong organic volume growth and a positive price and sales mix. Consolidated beer volume grew 7.1% to 119.8 million hectolitres of which...
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Last year the modern retail channel would be stronger
Date: 2008-02-21 00:00:00
It was a fall at the Hungarian retail – published Gfk Research Company in the newest Retail Analyses. The sales in hyper- and supermarket growth to 43%, the middle and...
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9th brand campagne to start in February
Date: 2008-02-21 00:00:00
This year the budget is HUF 360 Million, ten well known brands are to see on 3300 posters and citylights. In 2008 Beiersdorf, EVM, Henkel, Kométa, Magyar Cukor, Procter&Gamble,...
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