Company and Personal News

Anheuser-Busch Considering Counter-bid For Scottish & Newcastle

Anheuser-Busch reported to be examining whether to launch a last-ditch counter-offer for Scottish & Newcastle, the UK's biggest brewer. According to an unsourced article in the Sunday Times newspaper, the...

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Auchan To Revamp Private Label Packaging

The new packaging focus on modern looks and clarity. The programme, which was started at the end of 2007, has been rolled out to 800 of its 10,000 lines. Auchan...

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Kofola Buys Slovak Non-Alcoholic Wine Brand

The Czech company becomes Coke Zero competitor with bez soda launch. Czech beverage firm Kofola has acquired the “Vinea” brand, also known as the “non-alcoholic wine” from Slovak wine producer...

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M&S Reported To Be Discussing Moves Into India And Israel

Marks & Spencer is in talks with India's Reliance Retail for an equal joint-venture for apparel, food and cafes, according Economic Times, citing unnamed sources. A deal could be reached...

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Less handicraft wine, but solid image by Monarchia

The trade company decreases its wine offer and building a strong brand. The Hungarian member of the Monarchia Matt International group, Monarchia Winery cut down its bidding from 25 to...

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Supermarket giants in online price war

Britain's biggest supermarkets are preparing for a fierce online price war to gain market share and lure shoppers away from rivals.  Escalating competition between the dominant players prompted one executive...

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Wal-Mart doesn't grow its suppliers from China

The retail giant is present with shops in China, but doesn't believes in the product made there.  Wal-Mart said it will continue to source an estimated $9 billion of manufactured...

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Developments at Hungexpo

In the latest phase of improvements made by owner GL events, construction has been launched on Pavilion G.Gross exhibition space there will be 9,504 sq m, the indoor high 12...

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Remaking the in Hungary 10 Years Old Praktiker

The „Do it yourself” store chain has 17 units in the country, but it plans new stores in the next years. The company has festal ad campagne, organised by its...

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Camel Gets a Makeover

Though the enduring image of the Camel has not changed in the updated packaging, the animal is surrounded by a fresh look. The box also touts the brand's history: “Since...

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P&G joined to P.R.I.S.M.

Research shows that 70% of final purchase decisions are made at the shelves.  In 2006 Nielsen Company made a substantial progress in formulating a new in-store media metric. PRISM (Pioneering...

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dm- The Best Workplace for Women

Last year the drugstore chain won „The Most Family Friendly Company” award, this year it get „The Best Workplace for Women” award too.  On the tender, set up by Association...

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Director of Pecsi Beer Manufacture leaves the company

Andras Csengõ leads the company, belongs to Austrian Ottakringer-Group, since 2005.  The manager leaves the company on 1. March because of strategic clash of opinion, but he is still the...

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Cadbury to Plan 250 Million euro Investments in Poland

Poland has been in competition with other Eastern and Central European countries for the Cadbury business, which could create 1,000 jobs.  Cadbury is already present on the Polish confectionery market...

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Kofola sales up 15% in 2007

Czech non-alcoholic drinks producer Kofola had Kc4.553bn sales in Central Europe last year, its sales in the Czech Republic jumped by 32.2 percent to Kc3.035bn.  The growth came mainly thanks...

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In spite of high raw material costs Nestle's profit rose by 16%

In 2007, consolidated sales of the Nestlé Group amounted to CHF 107.6 billion, an increase of 9.2% over the same period last year.  This was driven by organic growth of...

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Tesco Calls For Ban On Sale Of Cheap Alcohol

Tesco has called for the Government to introduce new laws to ban the sale of cut-price alcohol amid growing concern over the levels of binge drinking.  Tesco's chief executive, is...

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Podravka Opens Semi-Industrial Laboratory

The value of this investment was 5 millions kunas. In the 400 square meters building the Podravka experts creating completely new products and improving the existing ones.  The semi-industrial laboratory...

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REWE/ADEG deal may face EU regulatory hurdle

Austria's largest supermarket group REWE (Billa, Merkur, Penny) has announced that it wants to increase its interest in fourth-largest supermarket chain ADEG from 24.9 to 75 per cent.  The experts...

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Naturella Oazis by P&G

The company imagines green oazis in five Hungarian cities. The action started on 2 February in Budapest, after Debrecen and Pecs, this weekend the Naturella Oazis stands in Gyor, the...

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Heineken announced today a 23% organic growth in net profit for 2007

Organic growth in revenue was 7.3%, driven by strong organic volume growth and a positive price and sales mix.  Consolidated beer volume grew 7.1% to 119.8 million hectolitres of which...

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Last year the modern retail channel would be stronger

It was a fall at the Hungarian retail – published Gfk Research Company in the newest Retail Analyses.  The sales in hyper- and supermarket growth to 43%, the middle and...

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9th brand campagne to start in February

This year the budget is HUF 360 Million, ten well known brands are to see on 3300 posters and citylights.   In 2008 Beiersdorf, EVM, Henkel, Kométa, Magyar Cukor, Procter&Gamble,...

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Asda plans to create 9,000 jobs

The comments came as Asda outlined plans for a £400 million store opening programme through 12 new superstores and ten more Asda Living nonfood stores. Asda plans to double its...

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Costa Coffee to focus on Poland

By end of 2011 company wants to get 100 coffee stores. It means monthly one store must to open.  Nowadays the company has 13 stores in Poland, for opening suppliers...

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Bunge Buys German Margarine Maker Walter Rau

Established in 1903, Rau, which has a turnover of 130 million euro, employs 280 staff at its sites in Kleve and Hilter.   This interconnection is intended to integrate Rau...

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Henkel innovation award for successful products

This year’s award ceremony took place on Henkel Innovation Day. Celebrated for the first time on February 14 at all Company sites in the 125 countries around the world in...

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Succesful year behind Lego

Profit before special items, financial income and expenses and tax amounted to 1,471 million, sales rose by 3 percent to 8.03 billion kroner (US$1.58 billion).   The biggest increases were...

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Tesco apologized to the blind man

From now the stores's inner regulation fixs, that guide-dog can go into the supermarket. A blind man tried to shop with his guide-dog in Tesco in Papa. The supermarket employee...

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Since 2004Theodora is the Market leader

The bottler company Kekkuti is one of the strongest player on the Hungarian Mineral Water market.   Last year the company's sales enriched HUF 12 billions, Kekkuti's 3 brands: Theodora,...

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