Company and Personal News

Marks & Spencer takes plastic clothes hanger back

Research suggests Britain has 540 million surplus coat hangers, weighing 17,000 tons. It is suggested as many as 100million a year are thrown away and sent to landfill, where they...

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Succesful beginning of Tesco „Color”

One week after the start, the Tesco „Color” has big success at the customers.   Color-products had a huge sales, the most popular was the frozen noodle, but the meat...

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Reál Hungária for Sunday store stop

The company believes in public regulation, where describe that only the small shops in family ownership and the marketplaces could open at Sundays.  Tibor Kujbus, CEO of Reál said the...

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Lidl privat label brands in the Netherlands and Sweden

Fairglobe consists of the six products: bananas, coffee, tea, juice, chocolate bars and cane sugar. Lidl is also increasing its promotion and new products development in Italy, where the company...

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SABMiller invests in Romania

The beer giant is set to invest EUR50m in expanding production and modernising its facility in Timisoara. The company's Ursus Breweries subsidiary in the country confirmed that it will plough...

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New retail chain – RIA by Interfruct

The founder of RIA – the Interfruct Kft. calculates on 80 new member, independent stores, this year, and another 500 next year. The members of the chain will get several...

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Loss of Lipton fails to hold Campari back in H1

Campari's wine division performed particularly well, bringing in a 19.7% lift in sales, hitting EUR56.9m. Group net profit rose by 2.5%. The Italian drinks company said today that operating profit...

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Grolsch increases its profit

The Dutch brewer said that operating profit for the six months to the end of June rose to EUR11m compared to EUR10.2m in the corresponding period a year earlier. The...

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InBev prepares heavy investment for Belgian breweries

InBev is looking to invest up to EUR60m in operations at three of its breweries. The Belgium-based beer giant confirmed that it will plough the money into its Hoegaarden, Jupille...

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Brandcasting and Music Factory at the Coca-Cola summer campaign

Online concerts and 35,000 songs in the music collection at Sziget Festival.  The innovative new marketing elements, developed by Neo Interactive enriched big success at the target group. At the...

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Coca-Cola makea recycling popular

The incentive for members of the public to recycle more will be cash prizes of up to £18,000 for local Football League clubs to spend on youth development. Coca-Cola Great...

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CBA protects the Sunday shop stop

It is not necessary that the shops are open on every day – said Katalin Neubauer, CEO of CBA Retail Chain. According to the leaders and 30,000 workers of CBA...

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Coca-Cola Invests $60 Million

Coca-Cola Co. will invest more than $60 million to build a plastic bottle recycling plant in Spartanburg, USA. The plant will produce 100 million pounds of food-grade recycled plastic for...

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Unilever has developed more salt-reduced products

The range of products within the Pot Noodle brand will now contain 50 per cent less salt than in 2005, continuing the company's programme to reduce salt levels in all...

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PepsiAmericas has set up a joint venture in Bulgaria

The american beverage company, which initially owns 20% of the joint venture, said that the new arrangements with Agrima will result in PepsiAmericas owning 100% of the joint venture as...

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Turo Rudi production in China

EU-Milk Technologies Kft. made a joint venture with a chinese agriculture company to process milk products as the famous hungarian Turo Rudi (curded cold sweets), yoghurt and kefir. The company,...

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Nestlé has lined up the acquisition of a mineral water company

Upon completion of the deal, Nestlé_Waters will control slightly less than 25% of the Swiss bottled water market.  The food and drinks giant confirmed today that it has agreed with...

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Unilever to cut 10-12,000 jobs in Europe

Unilever's announcement in August that it would cut up to 11 pct of its workforce over the next four years as part of the 'One Unilever' programme.   Anglo-Dutch consumer...

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Dunkin' Donuts develops new zero trans oil

US-based Dunkin' Brands has developed a new oil in order to create trans-free fat bakery products without sacrificing quality, flavour and taste, the company said this week.   The Dunkin'...

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“Challenging” UK, US but InBev still up in Q2

The Belgium-based brewer has reported a strong showing in its second quarter, despite “challenging conditions” in both the UK and US.   Sales in the period rose by 7.6% in...

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Coca-Cola to close concentrates plant near to Dublin

The beverage giant would shut down one of its three ingredients plants in Ireland. The company will shift the production of concentrates from the 30-year-old plant in Drogheda, north of...

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Royal Unibrew buys Latvian brewery Livu Alus

The Danish brewer Royal Unibrew AS bought Latvia's third-largest brewery Livu Alus for 130 mln dkr.  The acquisition, which is subject to approval by relevant authorities, is expected to be...

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Bioethanol at Tesco from Monday

The Tesco Megapark in Pesterzsebet will be the first Hungrian and east-european gas station of Tesco where the green friendly drives can buy bioethanol. Europe second biggest hypermarket chain is...

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Cadbury to buy Intergum

Cadbury's planned acquisition of the Turkey-based chewing gum manufacturer Intergum has been approved by the competition regulator. Cadbury announced the proposed 333m acquisition in June this year, claiming the move...

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Run on furniture – especially at IKEA

The Hungarian IKEA has reported HUF 38.6 billion revenues for its financial year ending 31 August, which is a 16% increase from FY2006. IKEA Lakberendezési Kft. had 4.7 million customers...

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Heineken fixed its 20-25% profit growth forecast

The Holland-based brewer said that net profit for the six months to the end of June fell markedly, by 30.4% year-on-year, to EUR302m, although net profit took a hammering from...

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Help worth 5 million from Tesco

Over HUF 5 million has been collected by customers and employees of Tesco between 1. July 2006 and 30. June 2007 for Kézenfogva Alapítvány to help retarded children. The biggest...

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Second Bauhaus under construction in Szigetszentmiklós

Construction of a new, 20,000 square meter Bauhaus store has begun near Szigetszentmiklós. Europe’s leading “do it yourself “chain is building two stores in Hungary with an investment of HUF...

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Sugar free Coke turning 25

Coca-Cola light was the first sugar free soft drink to appear in 1982. Today, 119 million glasses are consumed daily in 173 countries. Coca Cola light is the market leader...

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News

Danone SA has sold its biscuit division to US based Kraft Foods Inc. for EUR 5.3 billion. The plans of the new owner regarding Hungary are unknown yet. Retail food...

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