Company and Personal News

KFC opens 200th Store in Beijing

The company had earlier announced that it plans to open 500 KFC stores in China in 2009.  In China, Yum! Brands-owned Kentucky Fried Chicken (KFC) has opened its 200th store...

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WAL-MART soon starts in Russia

Wal-Mart has joined the Russian retail association, the lobby group said, the latest in a series of moves indicating the world's largest retailer's interest in expanding into Russia.  Members of...

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Prénatal to open shop in Budapest

The French based chain is specialized in the sale of products for mothers and children, now is looking for Hungarian partner.  The Prénatal brand, established in 1947 in France, has...

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Nestle Nutrition to Invest USD 75 Mln in US

As part of the investment, the baby food producer will upgrade the facility in Fremont and will add new production lines, the company will create 200 jobs over the next...

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Unilever to Hire New Workers in the UK

The company is expected to create at least 40 new jobs at its ice cream plant in Barnwood, Gloucester, report local sources.  The Gloucester ice cream factory has an annual...

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Tesco donated clothes

The retailer donated clothes in value of HUF 60 million for aid organisations before Christmas.  According to Tesco the donation came to poor families with more children or families only...

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TESCO renews IT in its Czech and Slovakian operations

Tesco has implemented its standardised ‘Operating Model’ set of software in its Czech and Slovakian operations.  The software, which comprises Oracle Retail's merchandise management system and POS software from Retalix,...

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YUM! offers fitness

Yum! Brands, known in Hungary by KFC and Pizza Hut, has announced that it is launching a free online fitness programme starting January 1, 2009.  As part of the company’s...

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AUCHAN installs cardiac defibrillators

Auchan France and its property arm will install cardiac defibrillators in all hypermarkets and shopping centres by the end of January 2009.  All of Auchan’s security staff will be trained...

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AMAZON reports record holiday season sales

Company said more than 6.3 million items were ordered on its site worldwide for the peak shopping day of 15 December, amounting to 72.9 items ordered per second.  Online retailer...

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Penny has stoped switched off the self-service payment machines

After six weeks test periode, Rewe’s discount banner in Germany has ended its trial with self-service payment machines.  The three Pecuron payment terminals from IBM and Giesecke & Devrient as...

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Two digits increase at Coop-Group revenue

According to managment's hopes the company will get HUF 500 billion income, dispite of last year's HUF 440 billion. Laszlo Muranyi, CEO of Co-op Hungary said at a press conference,...

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Kay Schiebur – new member in Lekkerland's Executive Committee

Lekkerland AG & Co. KG is creating a portfolio for this purpose at the Board of Management level and vesting this responsibility with Kay Schiebur, who will serve as Chief...

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Pevec Enters Serbian Market

The Croatian DIY chain invested E40m to open its first store in Serbia. It is the chain’s 18th store in the region.  According to local press information company built a...

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Pernod Ricard Sells Off Some Brands

Alcohol major Pernod Ricard has agreed to sell several of its brands in order to full conditions laid down by the European Commission, related to its acquisition of Vin &...

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U.S. Regulatory „yes” for new sweeteners

Coca-Cola Co and PepsiCo Inc have long searched for a natural alternative to chemical sweeteners to help reinvigorate U.S. soft drink sales which have slipped as consumers opt for other...

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Donationcard at the SPAR stores

This year in December SPAR and Hungarian Maltese Charity Service issued donation cards, what are available at the retail chain's cash desk. With donation cards in value of HUF 200...

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New OBI store in Kecskemet

It is the DIY store chain's 23th unit in Hungary. The warehouse has 8,200 sqm retail area and wide range of goods.  „We hope that our retail and communication system...

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Modell and Hoppy toys at Pető Institute

120 children in need of developing and 30 conductors participited at Pető Institute's Christmas party on 12th December. Event organiser Inspirations made gingerbread baking for them. From Minimax chanel well...

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Lidl UK buy British pork

Schwarz Group-owned Lidl in the UK plans to switch all of its fresh pork supplies to British by the end of next month, and 40% of its bacon by February....

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ALDI offers compostable bags in Germany

The bag features Aldi's Bio organic logo and the claim 'Give a smile to nature!'  Discount retailerhas started offering 100% compostable plastic bags made from renewable raw materials in Germany....

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Rewe to open Selgros cash & carry in Russia

The first store operates in Kotelniki, around 20 km southeast of Moscow.  Further the launch of first Selgros cash & carry store was scheduled for the second quarter of 2008,...

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New CEO for BAT Hungary

A new CEO has been appointed to lead British American Tobacco Hungary. Emil Moskofian (43) will take over the position from David Waterfield. He has been working for BAT for...

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Experience as a gift

Feldobox gift vouchers can become a practical gift idea for Christmas. These are available from HUF 4,950 Ft, the tax free limit. People receiving Fantázia, Harmónia, or Energia gifts can...

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Brazilian CEO for Borsodi

Mário Medeiros Nettó from Brazil has been appointed the new CEO of Borsodi Sörgyár Zrt. He graduated at Berkeley University in 1990. His previous position has been sales director of...

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News

Use of MasterCard PayPass doubling. By the end of the third quarter of 2008, the PayPass™ service offered by MasterCard was used with a total of 44 million cards in...

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Jamie Oliver assortment in Spar stores

Products by Jamie Oliver will appear exclusively in stores of the Spar Hungary chain. This assortment includes food and non-food items, like “Jamie at home” kitchen equipment. The latter will...

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Question:

How could the Hungarian food industry be competitive in the EU if the price of electricity is substantially higher than in Germany? Why is this and what can you do...

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