Company and Personal News
$1.2B investment in food industry
Date: 2008-01-21 00:00:00
Blackstone Group and Wellspring Capital Management to pay $34.5 per share of Performance Food. Performance Food said it will be combined with Vistar Corp., a foodservice distributor that Blackstone and...
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Nestle repeats medium term sales growth goal 5-6%
Date: 2008-01-21 00:00:00
Swiss food group Nestle reiterated a longstanding medium-term goal of 5 to 6 percent annual growth in organic sales. The world's largest foodmaker also repeated its target of steady annual...
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InBev's financial service center in Hungary
Date: 2008-01-21 00:00:00
The company got HUF 760 million subsidy from the Ministry of Hungrian Transport and Economy. InBev said in 2006 to decrease company's employes in West-Europe, to relocate the financial, trading...
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Weak dollar hits Delhaize Group revenue
Date: 2008-01-18 00:00:00
Delhaize has more than 1,300 supermarkets in the United States and plans 146-156 new one. Fourth-quarter group sales declined 3.4 percent to 4.68 billion euros ($6.94 billion), matching the average...
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Carlsberg's share fell from the mountain
Date: 2008-01-18 00:00:00
Investors think at 800 pence, the S&N transaction would be to much. Carlsberg A/S, the Danish brewer jointly bidding for Scottish & Newcastle Plc, fell to a 13-month low in...
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Drink Tchibo Coffe – thinking about saving money – special offer in Austria
Date: 2008-01-18 00:00:00
Erste Bank's „Sparefroh” bundles available at some 60 Tchibo/Eduscho locations in eastern Austria. Erste Bank is forging new paths in the marketing of financial products in Austria. From 11 January...
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Carrefour Express is year to year faster in Poland
Date: 2008-01-18 00:00:00
Last year 120 million, this year 100 million euros investment in Poland. The world's second largest food retailer works since 1997 in Poland, it started an intensive expansion in 2005....
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Metro sold the Extra Retail Chain in Germany
Date: 2008-01-18 00:00:00
From July Rewe will rename 245 Extra stores, in 2004 the company bought 119 Extra shops. The sale of Extra enables Metro to concentrate its food retailing operations solely on...
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Toblerone 100 years succes
Date: 2008-01-18 00:00:00
An exhibition in Bern salute for Toblerone, what is one of the 20 most well known Switzer brand. Theodor Tobler (Jean Tobler's son) and Emil Baumann (production manager and Tobler's...
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21th OBI store opens in Sopron
Date: 2008-01-17 00:00:00
The 7,600 sqm store waits for customers from Austria and West-Hungary. The investment was HUF 2 billions, the offer is wide, more than 10,000 products assortment are on the shelves....
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Tesco to ban Uzbek cotton in response to child labour abuses
Date: 2008-01-17 00:00:00
Britain's biggest retailer Tesco said the use of forced child labour in Uzbekistan meant it would no longer buy the country's cotton to make its clothes. The Environmental Justice Foundation...
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New HR director at SIO-ECKES Ltd.
Date: 2008-01-17 00:00:00
Marianna Bartos came from Johnson&Johnson Ltd., and has got 15 years FMCG experience. The new HR director of the company, employing 250 people, said she belives that SIO-ECKES can get...
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Marketing director joined to TV2 management
Date: 2008-01-17 00:00:00
Andrea Nagy has on her hand the off-air and on-air marketing and communications activities of the channel. The specialist has several years international experiences, started her carrier at Saatchi&Saatchi Budapest,...
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Canon scanners under new brand name
Date: 2008-01-16 00:00:00
ScanFront, DR- and CR-scanners got a new brand name imageFormula from January. Canon collected the products under one brand name and makes a new marketing strategy for them....
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Non-GM Label on Germany Food
Date: 2008-01-16 00:00:00
Germany will introduce a special label for food that hasn't been genetically modified. Agriculture State Secretary Gert Lindemann said the new “non-GM” label will apply not only to non-genetically-modified crops...
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Heineken Acquires Brewery in Nord Africa
Date: 2008-01-16 00:00:00
The current growth of the Algerian beer market is approximately 10% per year, per capita consumption is 3.2 litres. Heineken acquires Tango sarl from the Group Mehri. The company employs...
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The Superbrands are more known and attractive as other brands
Date: 2008-01-16 00:00:00
The Brand Potential Index is high at meat and healthy products, but also at community portals. The Superbrands Hungary ask GfK Hungaria to research the brand knowing and the attitude...
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Video ads at grocery carts by Microsoft
Date: 2008-01-16 00:00:00
Customers with a loyalty card will be able to log into a Web site at home and type in their grocery lists. The software maker spent four years working with...
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Henkel sells its the industrial-water-treatment business
Date: 2008-01-15 00:00:00
Israel Chemicals Ltd.'s subsidiary BK Giulini agreed to pay 60 million euros fo rthe unit. Currently, HWT employs 180 people in sales, service, research and development and in the production...
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Marketside – Wal-Mart's answer to Tesco
Date: 2008-01-15 00:00:00
The American giant retail company opens small-format grocery stores in Arizona to rival British retailer Tesco's Fresh & Easy markets. The pilot stores are roughly 20,000 square feet in size...
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Succesful jubilee year at Beiersdorf
Date: 2008-01-15 00:00:00
In the year of its 125th anniversary, the Beiersdorf Group once more achieved record preliminary results with sales of € 5,507 million and an operating result (EBIT) of € 683...
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Cloned Food to sell in Europe
Date: 2008-01-14 00:00:00
Meat and milk from cloned animals is probably safe for humans, the European Union's food safety agency said in a preliminary report. "Based on current knowledge, there is no expectation...
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XXXLutz acquires Hungarian peer Sconto
Date: 2008-01-14 00:00:00
One of the Budapester Sconto store, and the one in Miskolc will be Möbelix discount. The company plans 2-3 further stores in 2008. From 1. of April Möbelhandels GmbH, affiliated...
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Procter & Gamble's one million USD donation
Date: 2008-01-11 00:00:00
The company gives free tetanus vaccines to poor kids in Africa. The face of the campaign is Salma Hayek. Salma Hayek, the actress who herself became a mother last year,...
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