Company and Personal News
Brau Union to buy minority investors' shares
Date: 2008-01-29 00:00:00
According to its option Brau Union AG buys out the rest 0.36% share of the company. Heinken offers only HUF 8,887 per share, paying until 15 Februar trough Raiffeisen Bank,...
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Carrefour posted the biggest year-on-year sales increase in 2007 in Romania
Date: 2008-01-29 00:00:00
The French group reported 866m-euro sales last year, up 54.5% from 2006. Carrefour turnover evolution in Romania comes as a result of the expansion of the hypermarket network in 2007...
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Sümegi and Sons Winery exports to China
Date: 2008-01-28 00:00:00
Companies agreed about wine processing and jointly sales in China. According to the agreement Keller Ltd. (Sumegi and Sons Winery) started the export last Q of 2008 , yearly more...
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Coop- Franchise chain of 2007
Date: 2008-01-28 00:00:00
The Hungarian Franchise Association' award was given at a gala evening on Friday. The 11 years old Coop got the award of Franchise chain of the year 2007. The...
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Kraft instant coffee plant to Open in March
Date: 2008-01-28 00:00:00
American food company invested $100 million into construction in Russia. The plant in Gorelovo will produce 5,000 tons of instant coffee a year. The new plant is located in close...
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Tea pyramid from Russia
Date: 2008-01-28 00:00:00
Food giant Unilever has started the production of Lipton tea in pyramid packs at its St. Petersburg 'Tea Packing Factory'. According to company's satement to produce pyramid packs, a...
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Sephora To Open In-Store Cosmetics Shops ít M&S in UK
Date: 2008-01-28 00:00:00
The possible joint venture would be based on a model employed by Sephora in the US, where it has shop-in-shops with JC Penney. Marks & Spencer is in provisional talks...
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Recommended Cash Offer for Scottish & Newcastle plc
Date: 2008-01-28 00:00:00
The boards of Scottish & Newcastle plc have reached agreement with a newly incorporated company jointly owned by Carlsberg A/S and Heineken N.V. Under the terms of the Offer,...
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Danubius Hotels to plan only operation in Marcali Hotel
Date: 2008-01-28 00:00:00
Hungary's hotel operator Danubius Hotel Nyrt. has announced it has sold its ent56.7% stake in Marcali Hotel Kft.. Marcali Hotel Kft. is planning the building of a spa hotel in...
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Electornic nose against stinky meat
Date: 2008-01-28 00:00:00
The SensorFresh takes 2000 readings in under a minute and so analyze the air around the meat. The mashine is avalaible by internet. The sensor's built-in fan draws in the...
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Five years 22 McCafe
Date: 2008-01-25 00:00:00
The biggest market player of the Hungarian Caffee market plans dynamic growthing and not care for rivals. The first McCafé started in 2003 in Hungary, last five years 21 was...
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New sales director at Sara Lee Hungary
Date: 2008-01-25 00:00:00
The specialist worked as head of sales at Borsodi Beer. From 1. January Zsolt Mihalyff is the sales director at Sara Lee's retail division. The specialist is working in retail...
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Coface, Islamic Corporation to Upgrade Trade Credit Coverage
Date: 2008-01-25 00:00:00
Coface, a major guarantor of trade credit, announced that it has reached a cooperation agreement with the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC). The ICIEC...
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METRO Group: New competencies within Management Board
Date: 2008-01-25 00:00:00
Frans Muller takes over as CEO of Metro Cash & Carry, the former director Thomas Hübner leaves for health reason. Frans Muller joined METRO Group in 1997 as Country Manager...
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Nestle to Sell Buitoni Pasta Plant in Italy
Date: 2008-01-25 00:00:00
The Swiss food giant would like the buyer to develop the plant and invest in advertising, but Nestlé would keep the brand ownership. Buitoni is Nestlé's authentic Italian brand, which...
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Carrefour to buy Indonesian retailer share
Date: 2008-01-24 00:00:00
The world's second-largest retailer ,agreed to buy a 75 percent stake in Indonesian group Alfa Retailindo ALFA.JK for 49.3 million euros. The takeover comes as Carrefour continues its strategy to...
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High raw material prieces got not negative impact on Lindt result
Date: 2008-01-24 00:00:00
The Swiss company increased its sales the full year revenue for 2007 will hit €1.8bn, a 14 per cent increase from the year before. ong sales of premium and dark...
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Billa to open 10 new stores in Bulgaria
Date: 2008-01-23 00:00:00
The supermarket chain of German Rewe is present in Bulgaria since 2000, nowadays it has 29 units. Billa Bulgaria intends to open eight to ten more stores by the end...
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New leader at Coface Hungary
Date: 2008-01-23 00:00:00
The Coface Group appointed Zoltan Dercze to country director of Coface Hungary, the former director Mikael C. Szabo turnes back to Sweden to lead the Coface Sverige. Zoltan Dercze was...
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LLP Group increased product portfolio
Date: 2008-01-23 00:00:00
The new member of the business solutions is Inform EAM, an enterprise asset management solution system. Infor EAM is monitoring and managing the deployment, performance, and maintenance of company assets,...
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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...
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Tchibo Planning To Sell Stores in UK
Date: 2008-01-23 00:00:00
The German group has put 33 of its UK stores on the market, as it seeks to scale back its portfolio of smaller shops. The 73-strong chain sells coffee alongside...
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Cheap shopping for Polishs by March
Date: 2008-01-23 00:00:00
Aldi opens its first outlet by March in Poland. The German giant was originally expected to enter the market in summer 2007, but this was postponed due to problems in...
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Tesco's new style in UK: Multi-level Town Centre Store
Date: 2008-01-23 00:00:00
The company plans to sell food, televisions, clothing, homewares and toys over two or three floors as its rivals Debenhams, Marks&Spencer do. Tesco plans to build department store-style shops for...
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Sandor Beke, the new sales director at Dr. Oetker Kft
Date: 2008-01-23 00:00:00
The specialist was appointed by the international team of Dr. Oetker (Beirat), he got the position by 1. February 2008. Sandor Beke works at the company since 1998, he started...
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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...
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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...
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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...
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