Company and Personal News
HUF 400 Millions Investment at Chio Hungary
Date: 2008-01-23 00:00:00
The company developes its plant in Gyor with new furnace, kneader mashine and keeps on reconstruction of packiging mashines. In part of the total HUF 418 Millions developing plan some...
Read more
Douglas Holding net gains 16%
Date: 2008-01-22 00:00:00
Europe biggest perfumery chain last year sold 1.1 billion euros. Douglas Holding AG said its full fiscal-year net profit rose to 88.1 mln eur after the company sold its Rene...
Read more
Kellogg bought Russian’s biggest breakfast cereal maker
Date: 2008-01-22 00:00:00
United Bakers’ products, marketed primarily under the Yantar and Lyubyatovo brands, are very popular, and the company said it had a market share of 90 percent. The deal gives Kellogg...
Read more
Danone Eyeing Stake in Keventer's Milk Unit
Date: 2008-01-21 00:00:00
The French company is seeking a majority stake in the Indian the unit, which has a capacity of three million liters a day. But the Indian company – which is...
Read more
$1.2B investment in food industry
Date: 2008-01-21 00:00:00
Blackstone Group and Wellspring Capital Management to pay $34.5 per share of Performance Food. Performance Food said it will be combined with Vistar Corp., a foodservice distributor that Blackstone and...
Read more
Nestle repeats medium term sales growth goal 5-6%
Date: 2008-01-21 00:00:00
Swiss food group Nestle reiterated a longstanding medium-term goal of 5 to 6 percent annual growth in organic sales. The world's largest foodmaker also repeated its target of steady annual...
Read more
InBev's financial service center in Hungary
Date: 2008-01-21 00:00:00
The company got HUF 760 million subsidy from the Ministry of Hungrian Transport and Economy. InBev said in 2006 to decrease company's employes in West-Europe, to relocate the financial, trading...
Read more
Metro sold the Extra Retail Chain in Germany
Date: 2008-01-18 00:00:00
From July Rewe will rename 245 Extra stores, in 2004 the company bought 119 Extra shops. The sale of Extra enables Metro to concentrate its food retailing operations solely on...
Read more
Toblerone 100 years succes
Date: 2008-01-18 00:00:00
An exhibition in Bern salute for Toblerone, what is one of the 20 most well known Switzer brand. Theodor Tobler (Jean Tobler's son) and Emil Baumann (production manager and Tobler's...
Read more
Weak dollar hits Delhaize Group revenue
Date: 2008-01-18 00:00:00
Delhaize has more than 1,300 supermarkets in the United States and plans 146-156 new one. Fourth-quarter group sales declined 3.4 percent to 4.68 billion euros ($6.94 billion), matching the average...
Read more
Carlsberg's share fell from the mountain
Date: 2008-01-18 00:00:00
Investors think at 800 pence, the S&N transaction would be to much. Carlsberg A/S, the Danish brewer jointly bidding for Scottish & Newcastle Plc, fell to a 13-month low in...
Read more
Drink Tchibo Coffe – thinking about saving money – special offer in Austria
Date: 2008-01-18 00:00:00
Erste Bank's „Sparefroh” bundles available at some 60 Tchibo/Eduscho locations in eastern Austria. Erste Bank is forging new paths in the marketing of financial products in Austria. From 11 January...
Read more
Carrefour Express is year to year faster in Poland
Date: 2008-01-18 00:00:00
Last year 120 million, this year 100 million euros investment in Poland. The world's second largest food retailer works since 1997 in Poland, it started an intensive expansion in 2005....
Read more
New HR director at SIO-ECKES Ltd.
Date: 2008-01-17 00:00:00
Marianna Bartos came from Johnson&Johnson Ltd., and has got 15 years FMCG experience. The new HR director of the company, employing 250 people, said she belives that SIO-ECKES can get...
Read more
Marketing director joined to TV2 management
Date: 2008-01-17 00:00:00
Andrea Nagy has on her hand the off-air and on-air marketing and communications activities of the channel. The specialist has several years international experiences, started her carrier at Saatchi&Saatchi Budapest,...
Read more
21th OBI store opens in Sopron
Date: 2008-01-17 00:00:00
The 7,600 sqm store waits for customers from Austria and West-Hungary. The investment was HUF 2 billions, the offer is wide, more than 10,000 products assortment are on the shelves....
Read more
Tesco to ban Uzbek cotton in response to child labour abuses
Date: 2008-01-17 00:00:00
Britain's biggest retailer Tesco said the use of forced child labour in Uzbekistan meant it would no longer buy the country's cotton to make its clothes. The Environmental Justice Foundation...
Read more
Canon scanners under new brand name
Date: 2008-01-16 00:00:00
ScanFront, DR- and CR-scanners got a new brand name imageFormula from January. Canon collected the products under one brand name and makes a new marketing strategy for them....
Read more
Non-GM Label on Germany Food
Date: 2008-01-16 00:00:00
Germany will introduce a special label for food that hasn't been genetically modified. Agriculture State Secretary Gert Lindemann said the new “non-GM” label will apply not only to non-genetically-modified crops...
Read more
Heineken Acquires Brewery in Nord Africa
Date: 2008-01-16 00:00:00
The current growth of the Algerian beer market is approximately 10% per year, per capita consumption is 3.2 litres. Heineken acquires Tango sarl from the Group Mehri. The company employs...
Read more
The Superbrands are more known and attractive as other brands
Date: 2008-01-16 00:00:00
The Brand Potential Index is high at meat and healthy products, but also at community portals. The Superbrands Hungary ask GfK Hungaria to research the brand knowing and the attitude...
Read more
Video ads at grocery carts by Microsoft
Date: 2008-01-16 00:00:00
Customers with a loyalty card will be able to log into a Web site at home and type in their grocery lists. The software maker spent four years working with...
Read more
Henkel sells its the industrial-water-treatment business
Date: 2008-01-15 00:00:00
Israel Chemicals Ltd.'s subsidiary BK Giulini agreed to pay 60 million euros fo rthe unit. Currently, HWT employs 180 people in sales, service, research and development and in the production...
Read more
Marketside – Wal-Mart's answer to Tesco
Date: 2008-01-15 00:00:00
The American giant retail company opens small-format grocery stores in Arizona to rival British retailer Tesco's Fresh & Easy markets. The pilot stores are roughly 20,000 square feet in size...
Read more
Succesful jubilee year at Beiersdorf
Date: 2008-01-15 00:00:00
In the year of its 125th anniversary, the Beiersdorf Group once more achieved record preliminary results with sales of € 5,507 million and an operating result (EBIT) of € 683...
Read more
XXXLutz acquires Hungarian peer Sconto
Date: 2008-01-14 00:00:00
One of the Budapester Sconto store, and the one in Miskolc will be Möbelix discount. The company plans 2-3 further stores in 2008. From 1. of April Möbelhandels GmbH, affiliated...
Read more
Cloned Food to sell in Europe
Date: 2008-01-14 00:00:00
Meat and milk from cloned animals is probably safe for humans, the European Union's food safety agency said in a preliminary report. "Based on current knowledge, there is no expectation...
Read more