Company and Personal News
Danish Netto to build up internet business in UK
Date: 2008-08-12 00:00:00
The discount supermarket chain is considering launching a limited online offer within two years as part of plans to create a £1 billion UK business. The Danish grocer is mooting...
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Tesco Kipa opens store in Istanbul
Date: 2008-08-12 00:00:00
A joint venture of supermarket chains British Tesco and Turkish Kipa, opens its first store in Istanbul. Tesco Kipa's store is the chain's 28th hypermarket in Turkey. The new...
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Auchan outlet in Moscow to open following 11 months of delays
Date: 2008-08-11 00:00:00
Auchan is due to open a large shopping mall of 160,000 square metres in Russia in September. The main project of Auchan in Russia including an Auchan hypermarket, as well...
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Coca-Cola Alucan from a Hungarian Designer
Date: 2008-08-11 00:00:00
The special bottle was print only in 30,000 and will sell only at the Sziget event, its creator was Dániel Szentmihályi, alias SLOW. Coca-Cola called 10 designers for a tender...
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Cut-back at Interfruct
Date: 2008-08-11 00:00:00
From 1. August the company fired 700 employes. If Interfruct's owner find a partner for developing the firm, it want to get the people back. Calslane Holding started the reorganisation...
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Nestle's difficulties in Russia
Date: 2008-08-11 00:00:00
The lack of human resources and adequate infrastructure are the company's main obstacles, says Bernard Meunier, CEO of Nestle Russia. The development of the Russian market for healthy food, as...
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Kraft to sell off Nordic and Baltic salty snack brands
Date: 2008-08-08 00:00:00
The signing of the deal to sell the Estrella, Maarud and Taffel Chips brands to Fepco 1 AS, a Norwegian subsidy of Herkules Private Equity Fund, comes in the same...
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32. BB Vintage Festival in Balatonboglár
Date: 2008-08-08 00:00:00
Wine shows, concertes and other family programs wait the guests between 19-24 August on Platánstrand (Platan Beach) in Balatonboglar. The famous Vintage Festival, visited yearly by 250,000 guests, will be...
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Strong organic growth at Henkel
Date: 2008-08-08 00:00:00
Henkel AG & Co. said second-quarter profit declined 84 percent on costs for job cuts and lowered its full-year earnings forecast because of rising raw-materials expenses. Revenue rose 11 percent...
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Jede Acquires Kaffeknappen
Date: 2008-08-07 00:00:00
Swedish coffee company Kaffeknappen has been fully acquired by office coffee services provider Jede AB, owned by Nestle. Jede has owned a 25% stake in the firm since September 2005...
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Sony moved LCD producing to Nitra
Date: 2008-08-07 00:00:00
An investment project with a total value of 240.66 mil. € is under preparation at the Nitra-Sever industrial park. According to the Environmental Impact Assessment, the Japanese building company, Takenaka...
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Metro to sell Adler stores
Date: 2008-08-06 00:00:00
Metro AG. said its Adler fashion stores unit that it has put up for sale will close up to 20 loss-making stores in Germany and Austria by end-2009 and will...
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Good by $1 value menu?
Date: 2008-08-06 00:00:00
Due to rising food ingredient prices, McDonald's may have to change some items on its $1 value menu. The international burger chain may have to adjust some of the ingredients...
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Best Buy plans aggressive roll-out in UK
Date: 2008-08-06 00:00:00
Best Buy, the largest specialty retailer of consumer electronics in the United States and Canada is to push ahead with a more aggressive roll-out of stores with some 200 stores...
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Siemens may sell stake in European venture with Fujitsu
Date: 2008-08-06 00:00:00
German electronics giant Siemens AG may sell its stake in a European computer joint venture with Fujitsu Ltd. The most likely scenario is for Fujitsu to buy Siemens stake and...
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New Trade Marketing Manager at SIÓ-ECkes
Date: 2008-08-05 00:00:00
The SIÓ-ECKES sales and trade marketing group has a new member, Krisztina Gurály, from 14 July. The specialist worked several years at FMCG companies' sales and trade marketing group, also...
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Felicitatations from fans on 100 sqm by Soproni
Date: 2008-08-05 00:00:00
Since two months signatures and felicitations of fans were collected on Soproni's evening to protect the Hungarian waterpolo team in Peking. The flag is 14mx7m big. Since Mai fans and...
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Südzucker Interested in Ebro Puleva's Sugar Operations
Date: 2008-08-05 00:00:00
According to press information German sugar producing company Südzucker is said to be considering Ebro Puleva's sugar division as a potential takeover target. German Nordzucker and French Tereos have both...
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Metro Cash&Carry H1 Sales Top E800m in Romania
Date: 2008-08-05 00:00:00
Metro has 23 Cash&Carry stores and 16 Real,-Hypermarket units in Romania. Metro Group's Cash&Carry division has reported that sales in Romania rose to over E800m in the first-half. No comparative...
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Kellogg's Succesfull Q2
Date: 2008-08-04 00:00:00
The American Company reported second quarter 2008 earnings per share growth of 9% with an 11% increase in sales. Kellogg Expresses Increased Confidence and Raises Full-Year Guidance. Reported net sales...
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Kingfisher Sells Italian Business Castorama
Date: 2008-08-04 00:00:00
Kingfisher has announced the sales of its underperforming Italian business for £440m to privately-owned French home improvement company Groupe Adeo S.A. Kingfisher plc is Europe's leading home improvement retail group...
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EDEKA Netto to assist dairy farmers with private label milk
Date: 2008-08-04 00:00:00
Starting this August Netto in Germany has introduced a new, 1.5% fat long-life milk under the brand “Ein Herz für Erzeuger” (a heart for producers). According to the discount chain...
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School begins with Tesco
Date: 2008-08-04 00:00:00
30% of company's yearly stationery sales is realized in August-September. Tesco offers privat labels stationery in its 80 hyper- and supermarkets.Tesco sell more than 1,000 commodities, not only sationery but...
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Coca-Cola's Chineese secret
Date: 2008-08-01 00:00:00
Coca-Cola is believed to be developing a new range of drinks made from Chinese herbal remedies. Coca-cola is thought to be pushing non carbonated drinks that could be seen as...
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Cadbury Reviews Costs
Date: 2008-08-01 00:00:00
Britain's confectionery group is to review its costs which could lead to more job losses and factory closures in an uncertain economic outlook and as commodity costs rise. Analysts said...
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First Alcampo Drive opened in Spain
Date: 2008-08-01 00:00:00
In Spain, Auchan-owned Alcampo has announced that it will be launching its first Alcampo Drive, a similar concept to Auchan Drive in France, in August in Villaviciosa de Odón in...
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Office Depot reports loss
Date: 2008-08-01 00:00:00
Depot warned investors in early July that its second-quarter earnings would be worse than expected. The retailer reported a $2 million loss, for the second quarter of 2008 – a...
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Milka brings the Alps to Hungary
Date: 2008-08-01 00:00:00
This year visitors can meet the Milka Cow in Budapest, Keszthely, Siófok, Hajdúszoboszló and Gyõr. Last year 50,000 people take part on the evening. The Milka Alpine Tour gives chocolate...
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Positive trend of sales for Hugo Boss in Asia
Date: 2008-08-01 00:00:00
In the markets of Asia/Other Regions, HUGO BOSS again achieved double-digit increases in sales in the first two quarters of 2008 with a rise of 33% in local currencies. In...
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The InBev Customer Service goes to the web
Date: 2008-08-01 00:00:00
The Business Services Centers of InBev launched the web application BSC on-line, which becomes the preferred way to submit inquiries about financial information and documents. BSC Online application is easy...
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