Company and Personal News
Burger King begins limiting sodium in meals
Date: 2008-11-20 00:00:00
The world's No. 2 hamburger chain, will limit sodium in its “Kids Meals” as it works to change its reputation for serving some of the industry's most unhealthy food. The...
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Inspite of financial crisis HP has good results
Date: 2008-11-20 00:00:00
Hewlett-Packard Co posted stronger-than-expected results and forecast full-year profit above Wall Street estimates, underscoring its resilience to an economic crisis that has dragged down other tech companies. HP shares surged...
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Lidl apologises in Sweden
Date: 2008-11-20 00:00:00
The German discount supermarket chain, has been forced to issue an apology following revelations that workers at one of its Swedish stores deliberately poured cleaning fluids in rubbish to stop...
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M&S hits 20 goals in environmental Plan A
Date: 2008-11-20 00:00:00
Marks & Spencer has reported that it has already hit 20 out of the 100 environmental goals set out in its green initiative called Plan A. The company pointed to...
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Pepsi Bottling Lowers Forecast, To Cut Over 3,000 Jobs
Date: 2008-11-20 00:00:00
Pepsi Bottling Group, the no.2 global soft-drink distributor, has lowered its full-year forecasts and announced that it will cut 3,150 jobs, mostly in Mexico. The company said the job cuts...
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REWE Group developes logistics basis
Date: 2008-11-19 00:00:00
Rewe Group in Germany is investing more than EUR660 million into the separation of its discount logistics from its full-range logistics. With the re-opening of its modernised distribution centre in...
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Tesco go green by wind
Date: 2008-11-19 00:00:00
In the UK, Tesco is to install 10 metre high wind turbines in supermarket car parks across South Wales as part of its plan to cut its carbon footprint by...
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HUF 5 million fine for Metro Holding
Date: 2008-11-19 00:00:00
The cash&carry specialist offered household and consumer electronics equipments via its leaflet in January 2008, but they were not available in every warehouses or only in very limited number. The...
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Ikea continouses developing in Russia
Date: 2008-11-19 00:00:00
IKEA will accelerate an expansion in Russia, Per Kaufmann, head of Russian business, said, Dagens Industri newspaper reported Monday. IKEA wants to have stores in every city with at least...
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Tag Heuer butique on Andrassy avenue
Date: 2008-11-19 00:00:00
TAG Heuer as brand is well known from Formula 1 racing, also the TAG Heuer luxus watches were available in Budapest, but from December the company has own butique in...
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H&M sales decreased
Date: 2008-11-19 00:00:00
Hennes & Mauritz, a Swedish apparel retail chain, reported a decline in sales for October, with comparable units down by 2%, in spite of an increase in the number of...
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Szentkiralyi mineral water is the most popular
Date: 2008-11-18 00:00:00
According to ACNielsen's research in September 2008 , the brand is the favorite both, in sales of value and volume. Szentkiralyi Asvanyviz Ltd., which is a family business, precedes Kekkuti...
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Lidl could open in Romania in 2010
Date: 2008-11-18 00:00:00
According to unconfirmed reports in the Romanian press, Schwarz-owned Lidl could open its first stores in the country in 2010, following completion of the retailer’s logistics centre in Chiajna, near...
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Carrefour France reduces sales area
Date: 2008-11-18 00:00:00
According to reports in French newspaper Le Figaro, Carrefour France is going to reduce the sales area of its largest hypermarket in the country by 6,000 square metres. The hypermarket...
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US$20 million for FoodTech International
Date: 2008-11-18 00:00:00
The buyer is the Nestle and Osem consortium. Last year FoodTech has sales of US$14.6 million. For the first three quarters of 2008 the company reported sales of US$15.4 million....
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Henkel Announces Successful Public Offering of Its Shares in Ecolab
Date: 2008-11-18 00:00:00
Henkel has held an investment in Ecolab since 1989. In 1991, Ecolab and Henkel formed a joint venture in Europe, combining each company's European commercial cleaning and sanitizing operations. Henkel...
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Meat industry needs help from the government
Date: 2008-11-18 00:00:00
According to the Hungarian Meat processor's association the state should help Papai Hus Zrt. to get straight. The president of the association wrote letter about it to the agricultural minister...
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EU court rejects Lego trademark
Date: 2008-11-17 00:00:00
The Danish toy maker Lego has lost a court battle to protect its iconic plastic bricks. The EU's Court of First Instance upheld a 2004 EU decision to cancel the...
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New Tesco unit in Gyula
Date: 2008-11-17 00:00:00
The store has 5,000 sqm retail area and has a parkplace for 500 cars. Soon works here a discount gas station with 8 pumps. 180 people work at the Tesco...
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MERCATOR not to be bought back by Slovenia
Date: 2008-11-17 00:00:00
According to a statement by Slovenia’s prospective economy minister, Matej Lahovnik, the government is unlikely to buy a stake in Mercator, the country's largest food retailer whose shareholders will put...
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Univer celebrating by launching new projects
Date: 2008-11-16 08:00:00
Apart from various events, Univer is celebrating the 60th anniversary of its foundation by launching two major projects in 2008. A new production facility is being constructed by Univer Product...
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GS1 Roadshow in five major cities
Date: 2008-11-16 08:00:00
The GS1 open Day was held by GS1 Magyarország for the second time in September 2008. This is a conference for the users of GS1 systems, which offer solutions to...
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A Dutchman in Düsseldorf
Date: 2008-11-16 08:00:00
Frans W. H. Muller (37) graduated at the University of Rotterdam, also obtaining an MBA. He joined the Metro subsidiary in the Netherlands in 1997. In 2002, he was elected...
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Towns sponsored by Heineken
Date: 2008-11-16 08:00:00
A social responsibility project was launched by Heineken Hungária Sörgyárak Zrt. in October. The project is intended to provide support for towns where the brewery industry has its roots. Citizens...
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Excellent Hungarian Food in Spar chains
Date: 2008-11-16 08:00:00
SPAR Magyarország Kft. has won the tender published by the Agricultural Marketing Centre for the in-store promotion of products using the Excellent Hungarian Food trademark. The campaign was launched on...
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Third in the world
Date: 2008-11-16 08:00:00
Metro is the third largest retail company in the world after Wal-Mart and Carrefour, with 2,400 units world-wide in 31 countries and 270,000 employees....
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IMIGe turning into POS Media
Date: 2008-11-16 08:00:00
IMIGe changed its name to POS Media Hungary in September. POS Media Hungary is a media holding established in 2007, where the English SAS is also a partner....
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New managing director for Hill and Knowlton
Date: 2008-11-16 08:00:00
Zsófia Lakatos joined Hill and Knowlton Hungary Kft on 15. September, as managing director. She will be responsible for strategic planning and day to day operation. Previously, she had spent...
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Faith in ourselves instead of pessimism
Date: 2008-11-16 08:00:00
Herman Verstraeten, the new CEO of Unilever Central Europe is back in the region after seven years in Russia. He sees tremendous progress compared to the situation seven years ago....
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