Company and Personal News
Two new Tesco Opening on Same Day
Date: 2008-06-27 00:00:00
From 27 June start to work two Tesco supermarket, one in Sülysáp and other in Szolnok, which is company's 6th green store. The Szolnok Tesco store has a „green...
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Beer companies merger cancelled?
Date: 2008-06-27 00:00:00
Anheuser-Busch Cos Inc rejected InBev NV's $46.3 billion takeover bid on Thursday, calling it inadequate, but the largest U.S. brewer left the door open to a higher bid. Anheuser's board...
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Tesco for fruit and vegetable consumption
Date: 2008-06-27 00:00:00
„The goal of the „Eat daily 3x fruit or vegetable!”action is to popular the eating fruit and vegetable between people. Tesco started the action to decrease the high number of...
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More than HUF 2.2 billion dividend at Zwack
Date: 2008-06-27 00:00:00
Hungary Zwack AGM voted on company's highest dividend HUF 1,100 pro shares. Hungarian distiller Zwack has reported HUF 3.007 billion after-tax profit for the 2007-2008 business year. The AGM voted...
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Penta to buy Debreceni Hús
Date: 2008-06-27 00:00:00
The transaction has been cleared by the Hungarian and Slovakian competition authorities, according to the announcement. Czech-Slovak private-equity company Penta has taken over Hungary’s Debreceni Hús, Hungary’s second largest meat...
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Tastes of the former Ost Block
Date: 2008-06-26 00:00:00
Penny extends its privat label offer with 160 well-known brands from the former socialist GDR (German Democratic Republic). The Rewe-owned Penny discount chain has said it is extending its ranges...
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Diageo to Sell Zwack Liqueur in the USA
Date: 2008-06-26 00:00:00
After a success test periode the two companies signed a royalty agreement. The selling starts in September, the costs and risks of brand building takes Deageo. This business don't affects...
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Green light from Brussels for SPAR-Plus transaction
Date: 2008-06-26 00:00:00
European Comitee approved that SPAR Hungary can buy the Plus chain. In March Spar Hungary bought the 174 stores discount chain from Tengelman. The Plus chain had HUF 100 billion...
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SPAR to open supermarkets in Croatia
Date: 2008-06-25 00:00:00
According to reports in the local press, Aspiag (Austria SPAR International AG) plans to introduce its Spar supermarket banner to the country in 2009. SPAR entered the Croatian market...
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Rewe given green light on Adeg bid
Date: 2008-06-25 00:00:00
Following the transaction, Rewe would increase their share of Adeg from 24.9 per cent to 75 per cent and thereby have sole control of the company. Rewe notified its intention...
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The Goal is 10 New Billa Store in Romania
Date: 2008-06-25 00:00:00
Romania is one of the best markets for Billa in Europe, being left behind only by Russia. According to Wolfgang Janisch, CEO of Billa Romania, the largest supermarket network on...
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New aseptic technology by Cryovac
Date: 2008-06-25 00:00:00
The company claims that the Cryovac FM Aseptic film delivers a lower cost per kilogramme of product when compared to competitive systems. The Cryovac Flavour Mark (FM) Aseptic FMA855 film...
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Five Hungarian Artist in Henkel Art Award International's Final
Date: 2008-06-25 00:00:00
107 Artist take part in 7th Henkel Art Award Hungarian competition. Five from them go to the final in Wien, where Artist from 29 countries show there products for the...
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Packing tender at Zwack
Date: 2008-06-25 00:00:00
The artists have to make bottle, label and logó plans for company's Nemes Pálinka-s until 15. August. Zwack is looking for a new, trendy packing for its Zwack Sándor Nemes...
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Hungarian to Drink Yearly 105 Liter Mineral Water
Date: 2008-06-25 00:00:00
The seasonality disappear, for today mineral water is basic food. According to AC Nielsen Research the Hungarian mineral water market is almost 1 billion liter /year, in value HUF...
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Korean Lotte Group to buy Guylian
Date: 2008-06-24 00:00:00
The Asian conglomerate plans to market Guylian chocolates in China, Japan and other Asian markets through its distribution network in the region. Lotte Group, the South Korean major, has announced...
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Aldi's sales drop in Germany in 2007
Date: 2008-06-24 00:00:00
According to a study by market research institute GfK and consultancy Accenture German discount retail chain posted a decline in sales in its German home market for the first time...
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Sales rise at Sainsbury's but less than predicted
Date: 2008-06-24 00:00:00
Total sales rose 8.1 per cent in the 12 weeks to June 14, boosted by the sharp increase in petrol prices. Excluding fuel, the increase was 4.5 per cent. Underlying...
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Nestle stands by GM crops
Date: 2008-06-24 00:00:00
Nestle chairman Peter Brabeck has called on European policymakers to reconsider their opposition to genetically modified crops. 'You cannot today feed the world without genetically modified organisms,' the Financial Times...
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Nordzucker to Bid for Danisco
Date: 2008-06-24 00:00:00
France's leading sugar producer, Tereos, abandoned plans to bid for the Danisco business. The withdrawal is expected to leave Nordzucker as the sole remaining contender. Germany's second largest sugar refiner,...
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Delhaize Express Clatteres in Romania
Date: 2008-06-23 00:00:00
The rising number of customers and an increase in the average shopping basket helped Mega Image's growth by over 20% in 2007 year-on-year. The company, owned by Belgium's Delhaize group,...
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Valio Building New Dairy Facility in Leningrad
Date: 2008-06-23 00:00:00
According to local reports, the new plant, run by Finnish dairy products manufacturer Valio, is expected to start operating in July-August. The new plant, which is Valio’s second production facility...
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New Leaders at Interfruct
Date: 2008-06-23 00:00:00
From June Attila Boros is the CEO of the company, Mr. Gabor Csorba is the chief executive officer of the Interfruct's owner Inter-Invest Close Company. Attila Boros works since...
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Soproni's Fan Flag in Győr
Date: 2008-06-23 00:00:00
Until this time more tousand of fans signed the flag, which will accompany the Hungarian Waterpolo Team to the Benjing Olympic Games. Last Saturday sport friends signed the Soproni's 200...
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Imperial Tobacco to axe 2,440 jobs after Altadis takeover
Date: 2008-06-23 00:00:00
Britain's Imperial Tobacco said it will cut six percent of its workforce, with France bearing the brunt of job losses, following the takeover of French-Spanish peer Altadis. The Bristol...
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Dynamic growth at Lekkerland's food service
Date: 2008-06-20 00:00:00
From 1th of June Lekkerland services American Restaurants Kft. (AmRest)' restaurants with fresh and cold goods. In the first fase Lekkerland attendes 23 AmRest units, but until year's end...
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Wrigley Deploys New Flavor of RFID Solution
Date: 2008-06-20 00:00:00
Company is using AeroScout's technology and a Cisco Unified Wireless Network to track the location of pallets in real time at its Poznan Plant in Poland. "The AeroScout solution...
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Häagen-Dazs to sell also in premium food stores
Date: 2008-06-20 00:00:00
The whole taste offer, 24 kind of ice is to buy in Arena Plaza at the first Hungarian Häagen-Dazs unit. The high quality of Häagen-Dazs's ice is famous in 70...
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Nestlé to buy Balaton chocolate bar brand
Date: 2008-06-20 00:00:00
According to Hungarian Competition Authority (HCA) the fusion doesn't take a business superiority. This year in April Nestle Hungaria and Gyõri Keksz Kft. agreed about selling the Balaton chocolate brand...
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Friesland to Develope Completta brands
Date: 2008-06-20 00:00:00
In answer to the changed Hungarian Coffee drinking habits the company now takes on the market a new creamy coffee-milk. Until this summer Completa was sold only as Coffee creamer,...
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