Company and Personal News
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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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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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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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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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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Leclerc launches fairtrade private label
Date: 2008-05-09 00:00:00
Leclerc has recently launched a new private label range called Entr'Aide. The range consists of 18 fairtrade SKUs (16 dry-grocery items, orange juice and bananas). Leclerc has promised that its...
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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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Delhaize profit disappoints, hit by week dollar and high costs
Date: 2008-05-08 00:00:00
The Belgian supermarket group's earnings before interest and tax (EBIT) fell to 205.7 million euros from 229.6 million euros a year earlier, it said. The average forecast was 218 million...
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Springfield stores in East-Hungary
Date: 2008-05-08 00:00:00
After 6 shops in Budapest and one in Kecskemet, company opens stores in Eger and Nyiregyhaza. In five from all 9 units the Springfield Woman collection is also avalaible. ...
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STI Group expands international network
Date: 2008-05-08 00:00:00
The latest partner to join the STI network is the Turkish companies Dasa and Milas Ambalaj of Istanbul. The corporate association is a well-known manufacturer of premium packaging and displays...
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Puma Profit Falls 6.7%
Date: 2008-05-08 00:00:00
Puma AG Europe's second-largest sporting-goods maker, said first-quarter profit fell 6.7 percent after marketing spending climbed before this year's European soccer championships and Olympic Games. Net income dropped to...
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Good start for Henkel in a challenging environment
Date: 2008-05-08 00:00:00
At 320 million euros, operating profit (EBIT) was roughly at the high level of the previous year (-0.9 percent). After adjusting for foreign exchange, EBIT growth amounted to 2.5 percent....
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Real Joined to Vanish Donation Action
Date: 2008-05-07 00:00:00
The retail company pays 10 HUF after every in chain sold Vanish product. The donation program started in March 2008, until this time almost 550 m3 clothes, 7,000 bags...
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