Company and Personal News

Two big owner at Zwack

The share of Intrinsic Value Investors fall under five precent.According to Zwack, the financial investor Intrinsic Value Investors LLP has no more 6,21% in the company, its share fall to...

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Johnson & Johnson cartoons on the web

Johnson & Johnson said it is launching a new advertising campaign for the company's baby lotion that will for the first time include Internet cartoons. The one-to-two-minute cartoons, premiering tomorrow,...

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Free information centre for SMEs

The new organisations came from the formel EURO Info and Innovation Relay Centre chains. Enterprise Europe Network supports in particular small and medium-sized entities (SMEs).   The network is made...

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Asda to plan a fivefold increase at on-line business

Britain's second-biggest supermarket chain, is planning its biggest internet expansion to date in an attempt to generate £1 billion of online sales by 2011. Tesco, which launched a similar non-food...

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Pepsico revenue rose 17%

The company, which also owns the Frito-Lay snacks business, said it expects earnings and revenue growth in 2008.   PepsiCo, the world's second-largest soft drink maker said that its fourth-quarter...

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Cryovac innovation

The system is targeted at processors looking for lower investment to enter the market and limited risks. Cryovac claims that the flexible system combines the best of the vacuum skin...

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'Kaufland light'-testperiode in Bohemia

Kaufland's existing outlets usually have an area of between 4,000 and 5,000 square metres, and the new stores would have an area of about 2,000 sq m, this would make...

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LVMH closed the 2007 with double digits growth

World's leading luxury products group's evenue rose to 16.5 billion Euros.  LVMH Moet Hennessy Louis Vuitton, the, recorded 2007 profit from recurring operations of 3 555 million Euros, an increase...

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Fondness by Friesland

The sales of the new product, Pottyos Pont2 starts in January. According to the retail dates the product has succes.  Friesland comes every time with nowelity out, last summer the...

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Aldi started with image ads

Aldi before the gates, the company promises significant price cut at food and non-food categories. According to specialists 20-25 of the planed 400 Hungarian Aldi stores open in next weeks,...

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InBev and Anheuser-Busch merger

InBev NV and Anheuser-Busch Cos., the world's first- and second-largest brewers, rose in trading after the Wall Street Journal said the rivals have discussed a merger that may happen this...

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Danone-Weight Watchers joint venture in China

Weight Watchers International, Inc. and Groupe DANONE announced the signing of a joint venture agreement to establish a weight management business in China.   The joint venture, 51% owned by...

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The Coca-Cola Company has 40% interest in Honest Tea

Companies completed an agreement resulting in Coca-Cola holding approximately 40% interest in the fast-growing maker of certified organic beverages, including the best-selling Honest Tea®.  Honest Tea was started in 1998...

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Investor of the year in Samokov – Billa Bulgaria

The Austrian hypermarket chain opened its 26th store in Samokov last year in November, in the city with 30,000 inhabitants, the investment enriched the 5,3 million euros. Billa Bulgaria opening...

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Surpassing sales in Latin-America and Europe

Whirlpool Corp. said its fourth-quarter profit climbed to USD 187 millions, helped by its Maytag acquisition and an improved product mix and the weak dollar.   Quarterly revenue grew seven...

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International Boost Sweetens Wrigley Sales

The Chicago-based company's fourth-quarter profit totaled $155 million, or 56 cents a share, for a dime-a-share leap vs. last year.Revenue got pushed 16.4% higher to a better-than-expected $1.42 billion, primarily...

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Two digits growth at Coca-Cola Beverages Hungary

The company increased its market shares and get now 20 pct, one third of the sales came from the new products.   The growth is thank to the fact too,...

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Imperial Tobacco's Altadis takeover offer

UK's Imperial Tobacco Group pays 50 eur per Altadis share, valuing the manufacturer of Gauloise and Fortuna cigarettes at 12.8 bln eur.   The board of the Franco-Spanish company Altadis...

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Mihaly Hardy leaved Tesco

The specialist was the retail chain's communications director since 2006, former he worked 20 years as television reporter, editor and news director. There is no news about his successor at...

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Unilever Acquires Leading Russian Ice Cream Company Inmarko

The acquisition will further strengthen Unilever's position as the world's number one ice cream business. It will also strengthen Unilever's portfolio and competitive position in Russia, one of its priority...

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Burger King Keeps Rising

Worldwide same-store sales, or sales at locations open at least a year, rose 4.5 percent.Americas second burger chain said its second-quarter – ended on 31 of December 2007 – profit...

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Aldi to open in February

According to market informations giant adcampaign starts in February, but the news is not fixed by the company, it never promotes the store openings.  It is unkonwn how many stores...

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dm to start in Bulgaria 2009

The local dm stores will have an area of 400-450 sq m and could be housed in large-scale shopping centers. dm Drogerie Markt, the Austrian retailer of household medicinal supplies,...

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Mondi to develope in Poland

International paper and packaging manufacturer, Mondi investes €305-million Swiecie. The company comannounced in a statement that its new lightweight recycled container-board machine would be situated at its Swiecie mill, in...

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Sodexho Alliance renamed Sodexo

The evolution of the brand shows the grow and progress to become the premier global outsourcing expert.   France based contract caterer and facilities company Sodexho Alliance has been renamed...

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