Company and Personal News
Milli One of the Most Trusted Brand in Hungary
Date: 2008-05-29 00:00:00
According to Reader's Digest survey Milli is again the most Trusted Brand in Europe in dairy category, since four years company won the award. Reader's Digest Trusted Brands survey is...
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Gebruder Weiss to invest 3 mln euros in Hungary
Date: 2008-05-29 00:00:00
The Austrian-owned logistics companyis planning to begin operations at a new location in eastern Hungary, which would serve exporters to eastern Europe. Gebruder Weiss invested €4.7 million in Hungary...
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Carrefour opens its 13th hypermarket in Romania
Date: 2008-05-29 00:00:00
The French retailer invested EUR20 million to its new hypermarket, but for this year it stopped the opening and focus on rebranding of the old stores. The new hypermarket is...
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Starbucks to start in Portugal
Date: 2008-05-29 00:00:00
The American Café chain is going to open its first outlet in Portugal in August on a shopping street. During 2009 the company will then expand its presence further with...
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Audio and Visual experience at KFC
Date: 2008-05-29 00:00:00
In the frame of the renovation works of Kentucky Fried Chicken units, the owner AmRest Hungary decided about investing into audio and visual attendance. The first animated menuboard are used...
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Coface downgrades seven industry sectors
Date: 2008-05-29 00:00:00
Ratings of electronic components, the paper industry, mass distribution, automobile, public works, air transport, and textiles are being lowered. Coface is noticing a net deterioration in the payment behaviour...
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Interfruct changes leader and strategic
Date: 2008-05-29 00:00:00
Calslane Holding, the owner of the company wants to continue the Cash&Carry activity. From 1 June Gabor Csorba is the CEO of Interfruct, he must cordinate the reorganisation program. In...
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Serbia's Delta Maxi to open 10 stores in Bulgaria
Date: 2008-05-28 00:00:00
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
Date: 2008-05-28 00:00:00
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
Date: 2008-05-28 00:00:00
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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Apenta Marathon for drug free Hungary
Date: 2008-05-28 00:00:00
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
Date: 2008-05-28 00:00:00
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
Date: 2008-05-28 00:00:00
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
Date: 2008-05-28 00:00:00
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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New organic food products from SPAR
Date: 2008-05-27 00:00:00
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
Date: 2008-05-27 00:00:00
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
Date: 2008-05-27 00:00:00
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
Date: 2008-05-27 00:00:00
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
Date: 2008-05-27 00:00:00
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
Date: 2008-05-27 00:00:00
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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Kaufhof prepares to become independent
Date: 2008-05-26 00:00:00
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
Date: 2008-05-26 00:00:00
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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Piramis Center Foundation Stone in Tiszaújváros
Date: 2008-05-26 00:00:00
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
Date: 2008-05-26 00:00:00
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
Date: 2008-05-26 00:00:00
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
Date: 2008-05-26 00:00:00
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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Spar makes Harmony
Date: 2008-05-23 00:00:00
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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High performance Vertical Pouch Packaging technology for ready meals
Date: 2008-05-23 00:00:00
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
Date: 2008-05-23 00:00:00
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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