Company and Personal News
German regulator plans to block merger of Netto, Plus stores
Date: 2008-04-08 00:00:00
The two companies last year said they plan to merge their discount supermarket chains in a joint venture operating 4,100 stores, in which Edeka would hold 70 percent. The...
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Schumacher stars in Bacardi advert
Date: 2008-04-07 00:00:00
In Hungary Karoly Gesztesi Actor, Gabor Bochkor riporter, Laci Gaspar Singer and the drummer of the group Hooligans Endi Kiss joined to the campagne. Bacardi Limited, the largest privately held...
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Praktiker Net Profit Falls 73%
Date: 2008-04-07 00:00:00
Germany's second- biggest home-improvement retailer, said profit declined after a slowing economy caused domestic sales to retreat and the company's tax bill climbed. Total sales gained 25 percent to 3.95...
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Complaint for Sara Lee because of collective points
Date: 2008-04-07 00:00:00
The Hungarian Compatition Authority didn't starts a process, the company made good the objections voluntarily. The complainter went to the authority because Sara Lee lives special points for collects on...
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Barry Callebaut sales 2.6 billion Swiss franc in the 1H
Date: 2008-04-07 00:00:00
In the first six months, of the group's fiscal year ended February 29, 2008., the company sales more than 612,000 tons of products. It is third time more than the...
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HUF 5 million fine for Fotex
Date: 2008-04-07 00:00:00
The Hungarian Competition Authority find the company's ad about bows false. The promotion run between November 2006-2007, Fotex offered cheap bows, but in the tv-ads missed, that the promotion is...
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25 percent Profit Increased at Inditex
Date: 2008-04-07 00:00:00
The owner of Zara chain, the Spanish clothing retailer reported 1.25 billion euros profit, wich is the slowest profit growth in four years. More than four-fifths of the shops it...
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Cross-Border Debit Card Spending Increases
Date: 2008-04-07 00:00:00
The usage of European Maestro debit cards1 for cross-border payments at retailers rose by 24% in 2007 compared to the previous year. As European consumers get into the habit of...
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Red Bull Removes Taurine to Access French Market
Date: 2008-04-04 00:00:00
France’s food safety agency AFSSA had previously not authorised the sale of Red Bull’s products due to the presence of taurine, an organic acid in the drinks, as its long...
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Lacoste store on the Andrassy street
Date: 2008-04-04 00:00:00
The 75 years old brand is turned over by Notos Hungary Kft.. The company has 3 unit and plans to triple the sales in the next few years. Lacoste...
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13% revenues increase at Nielsen-group
Date: 2008-04-03 00:00:00
The revenues for the full year ended December 31, 2007 were $4,707 million, operating income for was $416 million. Reported operating income for the full year 2007 was $416 million...
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New Univer plant in Kecskemet
Date: 2008-04-03 00:00:00
The developing costs HUF 2,7 billion, in the new 9,000 sqm building will work the plant, but storages, social facilities will be there too. In the future the company closes...
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Kofola pull out of Hungary
Date: 2008-04-03 00:00:00
The Polish-Czech company started with Kofola in 2007 Mai in Hungary, it planed to get 3-4% market share in a short periode, contrarily the company had HUF 369 million lost...
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Ice tea from Szentkiralyi
Date: 2008-04-03 00:00:00
From middle of April Szentkiralyi brings ice tea at first with lemon and peach taste on the market in 1.5 and 0.5 liter bottle. The new product are available in...
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Austrian State Honours for SPAR Hungary's CEO
Date: 2008-04-03 00:00:00
President of the state gave Peter Feiner the Big Merit of Austrian Republic. According to the justification the CEO got the award because of excellence leading one of the most...
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Red Bull to launch premium cola
Date: 2008-04-03 00:00:00
It has no preservatives, additives, phosphoric acid, artificial colourings or flavours, says Red Bull. Red Bull Simply Cola will be 100% natural, the company says, and the only cola that...
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Henkel has taken over business segments from Akzo Nobel
Date: 2008-04-03 00:00:00
The Adhesives and Electronic Materials businesses previously owned by National Starch. In 2007, these two business segments generated sales of 1.83 billion euros. The purchase price was about 3.7 billion...
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New City SPAR to Open
Date: 2008-04-03 00:00:00
After total rebuilding the new store waits its costumers on Erzsebet boulevard in Budapest. The new supermarket has a bigger sales room, 550 sqm, there are some counter in for...
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Nielsen's first experiences by Aldi in Poland
Date: 2008-04-02 00:00:00
The first stores of the German discount chain were opened on West and South part of Poland, the offer was more than 900 kind of products, 95% of them FMCG....
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Twice more experiences for MOL and WestEnd cardholders
Date: 2008-04-02 00:00:00
The basic customers of two companies can enjoy the synergies of programs' from April. Mol has more than 500,000 basic customers, WestEnd has 23,000 cardholders. From this month the cardholders...
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Henkel Art.Award. for Contemporary Drawing
Date: 2008-04-02 00:00:00
Entries for the Henkel Art.Award.2008 are to be sent by June 8, 2008 at the latest (date of postmark) to your local Henkel office. The prize winner will be...
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Pernod Ricard wins €5.63bn for Absolut Vodka
Date: 2008-04-01 00:00:00
Pernod beat off the favourite Fortune Brands, the American maker of Jim Beam, along with Bacardi and an investment group controlled by the Wallenberg family. Pernod, whose portfolio of brands...
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Also Schlecker spyes employees
Date: 2008-04-01 00:00:00
Union representatives are claiming a second large German chain, Schlecker, has been watching its employees through spyholes. Workers at the discount drugstore have reported that store detectives and security staff...
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Tchibo Family presentes: Espresso Album by Varadi Roma Cafe
Date: 2008-04-01 00:00:00
Hungary's most loved expresso sponsors the Varade Roma Cafe concert on 26th April in Budapest at Laszlo Papp Sportarena. The concerts seems to be a unique, the stage has...
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Merci Petits in Heart form box for Mother's Day
Date: 2008-04-01 00:00:00
This sweet present is worthy suvenir for moms. There are new tastes in the festive pack. Aside the classic flower bouquet merci Petits in heart form box is the right...
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Aldi starts with 17 stores in Hungary
Date: 2008-04-01 00:00:00
The discount chain opens its units midle April. The company offers firt of all privat label products, 10-20 of them weekly twice on action price. According to press information there...
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Delhaize Group'Acquires 14 Supermarkets in Romania
Date: 2008-04-01 00:00:00
The Belgian international food retailer paied 18.6 million euros for the La Fourmi chain. La Fourmi was the first supermarket chain to open in Bucharest in 1992. For 2007,...
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3th City Spar opens soon
Date: 2008-04-01 00:00:00
The company believes in downtown stores, where people don't need a car to shop, its next unit will be in centre of Szeged on Szechenyi square. Spar bought the Plus...
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