Company and Personal News

Renewed Metro Store in Pécs

After a short time renovation there was a reopening ceremony in Pécs, with a successful charity wine caution, the revenue was donated for cancer ill children. On 14 of June...

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Kaiser Food reckon with a good business year

The company plans 10% revenue growth this year. Facing last year's HUF 4.8 billion incomes, Kaiser Food wait for HUF 5.2 billion. As result of last years plant modernizations, what...

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Heineken has acquired a brewery in the Czech Republic

The global brewer said that it has bought Krusovice Brewery from Germany's Radeberger Gruppe for an undisclosed fee. The transaction is expected to complete in September, subject to clearance from...

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STI on Growing Path: Takeover of Petöfi, Hungary

After a strong increase in turnover in 2006 of more than 10%, STI Group Lauterbach, Europe´s number 1 producer of displays and a major player in the packaging sector, announces...

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Payment of the dividends in August by Hungary Zwack AGM

Hungarian distiller Zwack has announced that to pay HUF 2 bn as dividend from the 2006 after-tax profit. The remaining HUF 626.794 m into profit reserves. The HUF1,000 payment of...

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Anheuser-Busch can use the brand name Budweiser

US brewer Anheuser-Busch has won the latest round in the legal fight over the Budweiser trademarks. The dispute between them goes back for decades and there have been many court...

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Cobra beer focus on new markets

Cobra is eyeing annual sales growth of 50% over the next three years and has earmarked India as key to meeting that target. UK based Cobra Beer, founded by an...

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Miller targets “Latinisation” with new beer

Miller Brewing is rolling out a new beer across the US in an attempt to capitalise on the “Latinisation” of the country's culture. Following test marketing in five markets over...

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Auchan Hungary targets 7% sales rise, network expansion for this year

The Hungarian subsidiary of French retail chain Auchan will keep expanding its network and operate a chain of 17-20 units within five to six years. Last years revenue was  HUF...

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Summer attack in Tesco

In only one weekend run out some many bikinis in the Tescos, as normally in a whole week. 200% increase in the sale's tatistics.  There were more than 900,000 customer...

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SPAR Sponsorship for european athletic

European Athletics and SPAR International are pleased to announce that the world's largest voluntary food retail chain has extended its commitment to athletics for a further four year period, until...

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New line in Szentkirályi plant

The capacity will be double, from 220m liter to 450 million liter per year. Ending of the development, starting last year, the Szentkirályi's new manufactory hall and Hungary's most modern...

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Chio-Wolf protest against fat labelling

According to the company the labelling would make the customer cranky, and at the end the consumption would decrease dramatically. The snack manufacturer Chio-Wolf Kft. thinks, that the proposal of...

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Fast expanding russian snack market

PepsiCo will build a second snack manufacturing plant in Russia to meet the growing demand in the country.   The new plant will be based at Azov in the Rostov...

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Cadbury gets sweet on Romania

Cadbury Schweppes has bought a 93 per cent stake in Romanian sweets maker Kandia-Excelent, from Kandia, a private equity investment holding company managed by Meinl Bank. Kandia-Excelent is the second...

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Multilevel campaign for Sara Lee Hungary

The coffee marketing group spelt a bidding tender in Februar 2007 for the communication of Douwe Egberts brands. On the strength of  creative ideas and the fullness of the campaign...

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Green Tesco – investment in garden trading

Tesco PLC, Britain's biggest supermarket group, said it has offered to buy Dobbies Garden Centers PLC for about $305.7 million. Tesco said it is hoping to cash in on the...

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Café PR transacts Signal Dentibus PR campaign in summer

Unilever's „Mission for perfect smile” roadshow will promote in tv and online too. The rolling dentist's surgery drives trough Hungary between June and September, stops on 10 stations and collects...

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In Place off Brau Union from June Heineken

The general meeting of Brau Union Hungaria Brewery in April made the decision, that joint-stock company will change its name for Heineken Hungaria Brewery. Michiel Egeler, CEO of formal Brau...

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The student won university fee support on the Sió-Eckes Kft. Historical competition

Last week passed off the Sió-Eckes Kft. organised „Who knows more about las 30 years?” competition for high schools. 247 groups enter for, five of them came to the final....

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Notable savings at Tesco store in Sátoraljaújhely

The store, built after modern environment friendly methods, uses 15% less electricity and 50% less gas. Tesco's newest environment policy focus on cary actuation and renewed energy. In the hungarian...

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Devin to raise capital in IPO

Bulgarian water bottling company Devin plans to raise its capital through an initial public offering of 3m shares on the Sofia bourse. The company said that it will issue 3m...

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PepsiCo to buy 80% of Sandora for $542mn

PepsiCo announced that they have agreed to acquire an 80% stake in Sandora LLC, a Ukrainian juice producer, for $542 million plus assumed debt.  The soft drinks giant and its...

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Central European Winner is the Westend

TriGránit won in two category on the CEPIF (Central Europe Property & Investment Fair) Gala Party which took place in Warsaw. TriGránit won first place  in shopping centre category with...

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Afterparty for Kids by Toffifee

On 10 of June the National Geographic Kids has a birthday party in the Millenaris Park, the event is sponsored by Toffifee.As a family brand Toffifee normaly is present on...

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Coca-Cola Co. protects water

Coca-Cola has pledged to replace the water it uses in its beverages and their production at all its global operations and franchises.   The soft drinks giant said at the...

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Heineken to fight back in EU cartel dispute

The company will appeal against the decision and has citing its original argument against the fine. The EU fine against Heineken in April for operating in a cartel with its rivals...

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Cadbury sold newest business shares

Cadbury Schweppes announced the sale of businesses in Australia, Canada and Italy, raising over £45m towards its 2007 disposal target. The sales are part of an ongoing worldwide restructuring of...

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Tesco focus on the US

Britain's biggest retailer, plans to open Fresh & Easy Neighborhood market stores this year in California, Nevada and Arizona. Those stores will be smaller than traditional markets, focus on ready-to-eat...

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