Company and Personal News
New country manager
Date: 2008-02-29 08:00:00
Zoltán Dercze has been appointed the new country manger of Coface Hungary. Previously, he had been the deputy general director of Magyar Exporthitel Biztosító Zrt. (Mehib)....
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2007 – a year of success and strategic decisions
Date: 2008-02-29 08:00:00
In spite of negative processes in the sector, 2007 was a successful year for SIÓ-Eckes Kft. The restructuring of brands was completed as planned. SIÓ-Eckes Kft. has retained its market...
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Body care for older generations
Date: 2008-02-29 08:00:00
As European societies are ageing, manufacturers are increasingly turning their attention the over 50 age group. Dove is a good example of this trend. – We believe that older age...
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Successful campaign for collecting donations in Spar stores
Date: 2008-02-29 08:00:00
One hundred and thirty tones of non perishable food has been collected nation-wide in Interspar, Kaiser’s and selected Spar stores by the Magyar Máltai Szeretetszolgálat between 14-19. December. This was...
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More global name for IMIGe
Date: 2008-02-29 08:00:00
IMIGe Hungária, like other members of the group will operate under the name IMIGe, a company of POS Media Europe. IMIGe and Sales Activation Solutions (SAS) established a new holding...
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Dynamic Royal Brinkers
Date: 2008-02-29 08:00:00
Experts from Royal Brinkers take great care to ensure that the latest market trends are reflected by their assortment. As a result of clear changes in consumer habits, the Royal...
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GEFCO duplicated its sales in Hungary
Date: 2008-02-28 00:00:00
The EFCO logistics integrator specialis had HUF 4 billion income, twohold as last year. Half of the sales came from distribution of vehicles and groupage and full/part-load road transport....
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Henkel 4Q Net Profit +11%
Date: 2008-02-28 00:00:00
In the full year, Henkel posted sales of EUR13.07 billion, up 2.6% from 2006, organic sales grew 5.8%. Earnings before interest and taxes, or EBIT, in the fourth quarter...
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Fine on Magyar Cukor Zrt. because of water pollution
Date: 2008-02-28 00:00:00
In February 33,000 m3 pollutioned water fall into brook Ikva from company's distroyed reservoir. The bad case happened in Magyar Cukor's Petohazi plant, the firm has to pay HUF 22...
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Intelligence ADT Ultra•Max at Marionnaud
Date: 2008-02-28 00:00:00
8 of the 10 international retail chains prefer ADT's solutions. After a successful test periode in 2007 Marionnaud choose for protection the Ultra-Max®, the authentic Acousto-Magnetic technology. The first...
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Extra guarantee at Indesit Company
Date: 2008-02-27 00:00:00
Customer can raise the „normal” two years guarantee at Indesit products with another two, at Hotpoint-Ariston products with extra 3 years. According to GFK Research Company on the Hungarian market...
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Electrolex sales over HUF 200 billion
Date: 2008-02-27 00:00:00
The sales growth is to thank to the capacity increase of the plants in Jaszbereny and Nyiregyhaza. Last year Electrolux sales increased with 11% to HUF 201.1 billion. The company...
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Procter & Gamble Co to cut about 15 percent of its management staff
Date: 2008-02-27 00:00:00
The company aims to accelerate annual productivity growth from 6 percent to 7 or 8 percent over the next five years. The world's largest household and personal-care products maker also...
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Aldi enters the Polish market
Date: 2008-02-27 00:00:00
The German discounter Aldi, opened its first seven stores in Poland on 25 February. The network’s discounts are located in Poznan, Jelenia Gora, Sulechow, Glogow, Zory, Brzeg and Tarnowskie Gory....
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One third market share for Heineken Hungaria
Date: 2008-02-27 00:00:00
In spite of bad business environment the company increased its sales and profit in 2007. Last year the company sold 9% more beer, almost 2,400 hectoliters, the nettó sale...
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Anheuser-Busch Considering Counter-bid For Scottish & Newcastle
Date: 2008-02-26 00:00:00
Anheuser-Busch reported to be examining whether to launch a last-ditch counter-offer for Scottish & Newcastle, the UK's biggest brewer. According to an unsourced article in the Sunday Times newspaper, the...
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Auchan To Revamp Private Label Packaging
Date: 2008-02-26 00:00:00
The new packaging focus on modern looks and clarity. The programme, which was started at the end of 2007, has been rolled out to 800 of its 10,000 lines. Auchan...
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Kofola Buys Slovak Non-Alcoholic Wine Brand
Date: 2008-02-26 00:00:00
The Czech company becomes Coke Zero competitor with bez soda launch. Czech beverage firm Kofola has acquired the “Vinea” brand, also known as the “non-alcoholic wine” from Slovak wine producer...
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M&S Reported To Be Discussing Moves Into India And Israel
Date: 2008-02-26 00:00:00
Marks & Spencer is in talks with India's Reliance Retail for an equal joint-venture for apparel, food and cafes, according Economic Times, citing unnamed sources. A deal could be reached...
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Less handicraft wine, but solid image by Monarchia
Date: 2008-02-26 00:00:00
The trade company decreases its wine offer and building a strong brand. The Hungarian member of the Monarchia Matt International group, Monarchia Winery cut down its bidding from 25 to...
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Supermarket giants in online price war
Date: 2008-02-26 00:00:00
Britain's biggest supermarkets are preparing for a fierce online price war to gain market share and lure shoppers away from rivals. Escalating competition between the dominant players prompted one executive...
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Wal-Mart doesn't grow its suppliers from China
Date: 2008-02-26 00:00:00
The retail giant is present with shops in China, but doesn't believes in the product made there. Wal-Mart said it will continue to source an estimated $9 billion of manufactured...
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Developments at Hungexpo
Date: 2008-02-26 00:00:00
In the latest phase of improvements made by owner GL events, construction has been launched on Pavilion G.Gross exhibition space there will be 9,504 sq m, the indoor high 12...
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Director of Pecsi Beer Manufacture leaves the company
Date: 2008-02-25 00:00:00
Andras Csengõ leads the company, belongs to Austrian Ottakringer-Group, since 2005. The manager leaves the company on 1. March because of strategic clash of opinion, but he is still the...
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Cadbury to Plan 250 Million euro Investments in Poland
Date: 2008-02-25 00:00:00
Poland has been in competition with other Eastern and Central European countries for the Cadbury business, which could create 1,000 jobs. Cadbury is already present on the Polish confectionery market...
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Remaking the in Hungary 10 Years Old Praktiker
Date: 2008-02-25 00:00:00
The „Do it yourself” store chain has 17 units in the country, but it plans new stores in the next years. The company has festal ad campagne, organised by its...
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Camel Gets a Makeover
Date: 2008-02-25 00:00:00
Though the enduring image of the Camel has not changed in the updated packaging, the animal is surrounded by a fresh look. The box also touts the brand's history: “Since...
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