Company and Personal News
SABMiller invests in Romania
Date: 2007-09-13 00:00:00
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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Grolsch increases its profit
Date: 2007-09-12 00:00:00
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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Loss of Lipton fails to hold Campari back in H1
Date: 2007-09-12 00:00:00
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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InBev prepares heavy investment for Belgian breweries
Date: 2007-09-11 00:00:00
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
Date: 2007-09-10 00:00:00
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
Date: 2007-09-07 00:00:00
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
Date: 2007-09-07 00:00:00
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
Date: 2007-09-06 00:00:00
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
Date: 2007-09-05 00:00:00
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
Date: 2007-09-05 00:00:00
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
Date: 2007-09-05 00:00:00
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
Date: 2007-09-05 00:00:00
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
Date: 2007-09-05 00:00:00
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
Date: 2007-09-03 00:00:00
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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Coca-Cola to close concentrates plant near to Dublin
Date: 2007-08-31 00:00:00
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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“Challenging” UK, US but InBev still up in Q2
Date: 2007-08-31 00:00:00
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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Cadbury to buy Intergum
Date: 2007-08-30 00:00:00
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
Date: 2007-08-30 00:00:00
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
Date: 2007-08-30 00:00:00
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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Royal Unibrew buys Latvian brewery Livu Alus
Date: 2007-08-30 00:00:00
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
Date: 2007-08-30 00:00:00
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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On the wings of melodies
Date: 2007-08-29 08:00:00
According to Mood Media Group, a leading provider of background music, the positive effects of melodies are beginning to be used in Hungary as well to enhance customer satisfaction. MMG...
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Healthier baby food
Date: 2007-08-29 08:00:00
Following a long process of development which had cost HUF 30 million, the baby food product line of Univer Product Zrt. has become the first in the Hungarian market to...
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Variations for Bomba! back lit signs
Date: 2007-08-29 08:00:00
Six companies have entered the competition organised by the magazine Sign and Büki Üdítő Kft. for designing special back lit signs for the Bomba! image....
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Gramex expanding
Date: 2007-08-29 08:00:00
Gramex 2000 Kft, one of the biggest domestic manufacturers of private label soft drinks is practically doubling the size of its Veresegyháza facility. Both a new warehouse and a new...
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Without milk
Date: 2007-08-29 08:00:00
Montice yoghurt drink is a premium quality product of Mona Hungary, available in strawberry and multi frutti flavours. Sales of fresh products among milk substitutes are growing rapidly as well....
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Twice as much Pöttyös for Children’s day
Date: 2007-08-29 08:00:00
This year over 40 thousand units of Pöttyös Túró Rudi have been delivered to hospitals all over the country as gifts for Pöttyös Children’s Day. This is double the quantity...
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C&C premier – millions and billions
Date: 2007-08-29 08:00:00
Metro established its first Chinese subsidiary with the JinJiang group, under the name Metro JinJiang Cash & Carry Ltd in Shanghai twelve years ago. Metro has 3 million registered customers,...
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Borsodi sailing
Date: 2007-08-29 08:00:00
Borsodi Sörgyár Zrt. has an unusual promotion for the summer. A sailing boat named Borsodi to be used by winners of the Borsodi prize game was launched on 28. June....
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