Company and Personal News
Nordic Partners' buy Hame
Date: 2008-03-28 00:00:00
The Czech anti-monopoly office UOHS said it has approved Icelandic company Nordic Partners' acquisition of the largest Czech canned food producer Hame. The price of the deal was not disclosed....
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Coop-Carrefour Deal ended in Switzerland
Date: 2008-03-28 00:00:00
The former Carrefour hypermarkets will be Coop Megastores from June, so the Coop chain has now 24 big stores in the Alpen country. The Swiss watchdog approved Coop to buy...
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Fourth Hungarian among the best McDonald's employees
Date: 2008-03-28 00:00:00
Agnes Horvath (33), Operations Director of McDonald’s Hungary is the youngest from the Hungarians who got this award. The McDonald’s President’s Award, the most prestigious McDonald’s employee award across the...
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8 new Profi stores in Romania
Date: 2008-03-27 00:00:00
Profi Rom Food, operator of the Profi and Albinuta store networks in Romania, plans to invest E8.0m in 2008 to open new Profi stores in the country. The company will...
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Heineken Makes Acquisition of Czech Drinks Union AS
Date: 2008-03-27 00:00:00
The acquisition, for an undisclosed amount, must be assigned by competition watch dog. Companies hope to close the deal until June. Brewer Heineken has announced the acquisition of Czech privately...
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Sainsbury's Sales Grow 4.1% rise in Fourth-Quarter
Date: 2008-03-27 00:00:00
Despite the slowdown in consumer spending, Sainsbury's said it continues to see strong growth from non-food sales, thanks to its investment in developing its product ranges and infrastructure as well...
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Nespresso presented Goroka Coffee from New Guinea
Date: 2008-03-27 00:00:00
Grand Cru is is perfect combination of crema, body and taste, offering distinct individual aromas and flavor notes. Senses such as sight, smell, taste, aftertaste and touch can be used...
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Lidl 'spied on staff in Germany
Date: 2008-03-27 00:00:00
Surveillance teams would arrive early on Monday mornings to install between five and 10 miniature cameras in Lidl stores, according to the German news magazine Stern. The retail chain...
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Shiny outlook for 2008 at Tiffany
Date: 2008-03-27 00:00:00
Tiffany & Co posted higher-than-expected quarterly profit on Monday as increased sales overseas and new stores helped offset the effect of a shaky U.S. economy that has strained consumer spending....
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Adidas -Vulcabras joint venture
Date: 2008-03-27 00:00:00
The new company will sell shoes, shirts and other sports apparel from Reebok in South America. The joint venture starts business April 1, pending regulatory approval, and will be...
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New CEO at Biopont
Date: 2008-03-27 00:00:00
From March Mark Egervari, former economic director leads Hungary's biggest bioproduct distributor. The specialist has an economy and legal qualification, joined the company last summer. The former CEO, owner of...
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Tesco has the biggest sales in Hungary
Date: 2008-03-26 00:00:00
According to Nielsen Research in 2007 only hypers and discounts could develope, but some from the winners cathegory only must stagnate, Tengelmann gave up. The list of the power is...
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Figo plays at Szentkirályi's group
Date: 2008-03-26 00:00:00
The gold medalist Portugase futballstar arrived today at Budapest, where he got a press conference, met his fans and than drove to Szentkirály for shooting the ad campagne. Tomorow the...
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World champion of motor GP is the ad face of Burn energy drink
Date: 2008-03-26 00:00:00
Coca-Cola Hungary protect Gabor Talmacsi motogp World Champion. More than 1000 people saluted the star at Club Tihany, where Coca-Cola made him a party. When he arrived people could see...
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Budaors is Tetra Pak's new Easter-Midle European Centre
Date: 2008-03-26 00:00:00
The new founded company: Tetra Pak Duna results from former Tetra Pak Hungary, Austria, Czech and Slovakia. Svend Weidemann, leader of the new built company, former head of sales in...
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Pottyos has the key to Cabrio
Date: 2008-03-25 00:00:00
Until the 11 weeks action winners can licit on retro or modern style products, from toys to Audi A3 cabrio. The special promotion started on 17 March, the products...
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HUF 1.2 billion penalty by Kikelet
Date: 2008-03-25 00:00:00
During the half time of the consumer protection action series called “Kikelet” the authorities have conducted 22,000 revisions and issued fines of a combined Ft 1.2 billion in 6,650 cases....
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Starbucks has to pay USD 100 million to its barits
Date: 2008-03-25 00:00:00
Starbucks has been ordered to pay its Californian baristas back tips that were instead paid to shift supervisors. Starbucks planned to appeal immediately. The shift supervisors at the coffee chain...
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Gocsej pear palinka has origin protection
Date: 2008-03-25 00:00:00
It is the seventh Hungarian palinka which has origin protection, after Szatmari Plump Palinka, Szabolcsi Apple Palinka, Kecskemeti Apricot Palinka, Békési Plump Palinka, Gönci Apricot Palinka, Újfehértói Cherry Palinka. ...
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350% increase at Real Romania
Date: 2008-03-25 00:00:00
The company opens six new stores and the sales of each hypers almost doubled. German group Metro, the largest player in the Romanian trade sector, has posted sales worth 1.95...
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M&S Expands In Central And Eastern Europe
Date: 2008-03-25 00:00:00
Marks & Spencer has entered into joint venture with franchise partner COMS to expand in Central and Eastern Europe. COMS, a.s. operates 13 Marks & Spencer stores in the Czech...
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Green Tesco opens in Bonyhad
Date: 2008-03-21 00:00:00
It's the 5th store building so, that environmental protection and energy saving goals were keep in view. The thermal water comes from 100 meter deep, it heats the whole building,...
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Pepsi Buys Control of Russian Juicemaker for $1.4 billion
Date: 2008-03-21 00:00:00
That price tag for juice maker JSC Lebedyansky makes it PepsiCo Inc.'s biggest foreign acquisition ever. Deal fits two criteria important to the company: building its portfolio of healthier...
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Pannon Baromfi to buy
Date: 2008-03-21 00:00:00
Since last September the company works again, the liquidator want to sell it. The liquidator company Crac-Org Zrt. waits offers until 28 April, the limit is minimum HUF 2,1 billion...
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Overseas Sales Help Nike Earnings Rise
Date: 2008-03-21 00:00:00
Nike Inc.'s third-quarter profit jumped 32 percent because of strong sales overseas and a weak dollar, the athletic shoe and apparel company said. Nike said revenue for the quarter, which...
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New awards for Torley from France
Date: 2008-03-21 00:00:00
A wine and a champagne of Torley-group won silver medal at Chardonnay du Monde wine competition in France. The 15th annual Chardonnay du Monde® competition was held on 12...
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NÖM-AG acquires Mona dairy
Date: 2008-03-20 00:00:00
NÖM-AG has announced that it has acquired three subsidiaries of the Mona dairy group based in Oberwart in Burgenland retroactively effective to January 1 of this year. The Hungarian company...
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Trident – enjoying bubble gum
Date: 2008-03-20 00:00:00
The new Trident brands were introduce to the retail specialist by an exclusive show in Etyekwood. Jose Bonito introduce the new Trident Splash, what is a flavorful snack alternative that...
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Auchan Hungary plans 6% sales increase in 2008
Date: 2008-03-20 00:00:00
Last year income was over HUF 200 billion. Because of the developing the chain Auchan's balance was negative last year, company thinks the result will be positive in 3-6...
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Nestle decreased its CO2 footprint
Date: 2008-03-20 00:00:00
The company invests HUF 100 million for environment protection in Hungary. According to Nestle's Creating Shared Value 2007 report the company claims to have reduced emissions by 17.3 per...
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