Company and Personal News
Coke Zero Underground Party
Date: 2008-05-20 00:00:00
Last Saturday 2800 people took part on Coke Zero Underground Party on Deak Square, youngs danced until 4 in the morning. The party started at 11.30 pm, when the public...
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Toffifee football on the United Way Children's Day
Date: 2008-05-20 00:00:00
This year Storck joined to sponsor United Way's Children Day in Millenaris Park. On the event children and adults can play football on the green grass, on the table or...
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Standard & Poor's lowered Tesco to 'A' from 'A+'
Date: 2008-05-20 00:00:00
The downgrade reflects the deterioration of Tesco's financial profile below the minimum levels needed to sustain 'A+' ratings as well as the announcement that it will acquire a store portfolio...
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One year – one billion HUF sale increase at Praktiker Hungary
Date: 2008-05-20 00:00:00
German do-it-yourself chain Praktiker had gross revenue in Hungary of Ft 47.6 billion in 2007, up from Ft 46.3 billion in 2006. Last year Praktiker opened two new stores in...
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Auchan to spend 80 million EUR in Romania
Date: 2008-05-19 00:00:00
French retailer plans for 2008 two hypermarkets, for the next year another 8 sites. Auchan entered to the Romanian market in 2006 and had invested 300 million euros in five...
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Barbie-Bratz Toy War
Date: 2008-05-19 00:00:00
Mattel Inc., the world's biggest toymaker, may add as much as $500 million a year to its revenue by winning a copyright suit against MGA Entertainment Inc. over the Barbie...
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Unilever to Develop New Milkshake
Date: 2008-05-19 00:00:00
The new weight loss drink that tastes like a milkshake significantly reduces appetite and could soon join Unilever's $400 million Slim-Fast weight-loss brand, the company's researchers said. The researchers, who...
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Carlsberg To Raise $6.3bn
Date: 2008-05-19 00:00:00
76. 3 million new B shares will be offered to investors for 400 kroner each. Carlsberg has announced that it will sell shares worth 30.5bn kroner ($6.3bn) to current...
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New Natural Sweetener from Cargill
Date: 2008-05-19 00:00:00
Rebiana, which will be sold under the name Truvia, will be available this year as a tabletop sweetener. Agribusiness and commodity trading group Cargill Inc said that it expects its...
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Nestle SA aims to increase growth from its central and eastern Europe (CEE) region
Date: 2008-05-19 00:00:00
Currently, Nestle's CEE region only accounts for 5.6 billion Swiss francs of its European annual sales, but says the region has been growing underlying sales in double-digit percentages for a...
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New head of brand marketing at BAT Hungary
Date: 2008-05-19 00:00:00
Laszlo Hunyadi worked before as brand manager at several multinational companies in Hungary. The specialist graduated at College for Modern Business Studies, he started his carreer at Unilever's marketing department,...
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1,000 school bags from SIÓ
Date: 2008-05-16 00:00:00
The soft drink company helps for children from needy families to get their new school bags in August. Action under the name „Thanks for SiÓ!” the firm call the schools...
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Parmalat: 18% less profit
Date: 2008-05-16 00:00:00
The result is lower than that of 2007 not only due to the abovementioned reasons but also due to the negative impact in unit sales, the higher fixed production costs...
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Organic milk by Sole-MiZo
Date: 2008-05-16 00:00:00
The cows are feed only with own produced forages, it must be clean from chemicals. Cows can't get any output gradation and antibiotic. Sales and marketing director of Sole-MiZo said...
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Dairy farmers threaten boycott against Aldi
Date: 2008-05-16 00:00:00
The discount chain cut its butter price on to ten years bottom, two weeks ago decreased the milk price – the German farmers are angry. About 1,500 farmers in...
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HUF 30 Million Penalty for Auchan Hungary
Date: 2008-05-15 00:00:00
According to Hungarian Competition Authority the hypermarket chain have to pay HUF 30 million because of misleading consumers. Auchan kept insufficient stocks of products which it promoted in its newsletters...
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Glencore plant in Fokto
Date: 2008-05-15 00:00:00
When the plant starts to work, the whole Hungarian oilseeds stock can be process here. According to the plans the HUF 5 billion development will be ready until 2H in...
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Coca-Cola seeks more acquisitions to grow business
Date: 2008-05-14 00:00:00
Sales of established soft drinks are declining in the United States as people opt for the likes of bottled water and tea, which they see as healthier.The soft drinks market...
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X5 Retail Group given go-ahead to buy Karusel
Date: 2008-05-14 00:00:00
The Federal Anti-Monopoly Service has given the green light to X5 Retail Group N.V. to acquire rights to determine the terms of business for Rusel (the Karusel retail chain trademark)....
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Metro Not Yet In Talks Over Kaufhof
Date: 2008-05-14 00:00:00
According to specialist the value at about E3.0bn, including property worth about E2.0bn. Kaufhof operates 126 stores in Germany and 15 outlets in Belgium. The Metro Group has not yet...
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Americans like to shop at Tesco's Fresh & Easy stores
Date: 2008-05-14 00:00:00
Tesco received a strong positive reaction to its Fresh & Easy convenience chain in the U.S., the Financial Times reported, citing independent research seen by the paper. The research...
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MasterCard launches mini PayPass cards in Spain
Date: 2008-05-14 00:00:00
Initial trials will take place in Las Palmas de Gran Canaria and 400 customers and 15 merchants, mainly restaurants and pharmacies, will participate. MasterCard partners with Spanish financial institutions La...
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Wal-Mart Stores Inc's quarterly profit rose 7 percent
Date: 2008-05-14 00:00:00
Net income rose to $3.02 billion, or 76 cents per share, in the first quarter ended on April 30, from $2.83 billion, or 68 cents per share, a year earlier....
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33% profit growth at Unilever
Date: 2008-05-13 00:00:00
The company closed the first quater with a 1.34 million euros operating profit sales grew by 7.2%, with 2.3% from volume and a 4.8% increase in price. Europe grew by...
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Supermarket Edeka to sell some Plus outlets to appease cartel office
Date: 2008-05-13 00:00:00
German supermarket chain Edeka could sell off some 400 outlets in Southern and Eastern Germany to raise its chances for getting regulatory approval for its Plus take-over from the German...
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GKI’s business sentiment index hits bottom
Date: 2008-05-13 00:00:00
Firms have not been downbeat ton such an extent since three years, consumers since thirteen years. In April the seasonally adjusted Economic Sentiment Index of GKI that have been published...
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International Growth Boosts H1 Profit At Douglas Holding
Date: 2008-05-09 00:00:00
Retail major Douglas Holding has seen its first-half net profit rise 2.9% year-on-year to E88.8m, as it expanded its perfume shop chain outside Germany. Pre-tax profit for the quarter ending...
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Second Piramis Center to built in Dunaujvaros
Date: 2008-05-09 00:00:00
Israelian property developer Casaro Hungary Kft developes a 15,000 sqm big shopping mall, in value of HUF 60 billion. The first Piramis Center's build started in April, according to plans...
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Rossmann Face Lifting in Czech Republic
Date: 2008-05-09 00:00:00
The drogerie chain reshuffle its stores and opens 10 new units, most of them in Prague. The company reorganises its offer, decrease the number of nonfood products and increase the...
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