Company and Personal News

Sara Lee Corp. reported 32% operating income

The Chicago based company announced net sales for fiscal 2007, ending June 30, 2007, were $12.3 billion, an increase of 7.1 percent. Net sales grew in all six business segments,...

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Tetra Pak aims 10 per cent cut in CO2 emissions by 2010

The company, holds 80% share of the carton market, said it had reduced its CO2 output to 373,000 tonnes in 2006 from 390,000 tonnes in 2005.  The group added that...

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H.J. Heinz Co. introduced about 100 new products in the past 12 months

The company plans to add 200 items in the year through April. The company spent 25 percent more on marketing to promote healthier products in the U.S. and U.K  but...

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Mueller-Milch and Coca-Cola Israel Group made joint venture in Romania and Bulgaria

The German family-owned dairy group's product will distribute by Coca-Cola Israel in Bulgaria and Romania.  Coca-Cola Israel currently distributes brands such as Tuborg, Carlsberg, Orangina and Granini in both markets, the news...

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Despite high raw material prices, the margin on operating profit rose

Nestle, the world's largest food company by sales said half-year net profit rose by 18% to CHF4.92 billion from CHF4.16 billion in the year-ago period, beating analyst expectations of around...

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Frappé recall is not neccessery in Hungary

According to importer Store Ltd., there wasn't any dioxin tainted Jede product in the hungarian shops, so there will be not a recall.  Jede Ab, owned by Neste Sweden said...

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Mastercard is popular in Europe

The credit card company worldwide purchase volume rose 14.3%, on US dollar basis in the second quoter 2007.  As of June 30, 2007, the company's consumers had issued 164 million...

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Pepsico may aquire Russian juice firm

Pepsico has agreed to buy top Russian juice maker Lebedyansky for $1.5 billion to $2 billion according to reports today.  It was reported the deal would take place before the...

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A new Diet Coke with vitamins on the european market

Diet Coke has unveiled a $13.7m marketing campaign to back the launch of Diet Coke Plus ahead of the brand's launch in Europe. The campaign, the first for the Coca-Cola...

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Gap Inc. has jettisoned 1,500 workers

It happends on the ground of a three-year sales slump.  The company with more than 154,000 workers,  handed out about 1,100 pink slips during its fiscal second quarter, a 13-week...

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Unique alubottle form Coca-Cola

The Faithless & Paranoid bottle is easy to take with for parties. In the 0,25 bottle there is place for favorite short drink too. A new technique for applying UV...

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In place of chocolate wellnes nutrition at Campbell Soup

Godiva could fetch more than $1 billion. It has annual sales of about $500 million. The premium chocolate business does no more fit with Campbell's strategic focus on simple meals....

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Friesland called back its products content apricot jam

The producer said the dioxin level of its outputs is anyway under the healthy level. The company's decision born after getting the fact of its czech supplier, that the bought...

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Arena Plaza is sold

Plaza Centers N.V., a leading emerging markets property developer, has announced that it has executed a binding agreement for the sale of its Arena Plaza shopping and entertainment centre in...

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The newest Euronics shop is open at Lurdy

Soon Office Depot and Morgen Stanley will be renter of the almost 10 years old Lurdy-house. At the mall, built in 1998, last year was a chancing in management, and...

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New CEO at Metro Cash& Carry Hungary

José María Cervera (42) works since 16 years at Metro-chain. The original legal expert new CEO joined in Makro, the Metro AG's spain subsidiary in 1991. At first he worked...

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Green light for Heineken

Czech Antitrust Body said OK for Krusovice Takeover by Heineken.  Heineken currently operates in the Czech market through its Austrian subsidiary Brau-Union AG. After the Krusovice takeover, Heineken's market share...

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Close 100 Hungarian Quality Products at CBA store

The hungarian store chain, processing 3000 stores, started with the tittle Hungarian Quality Products two years ago. With this action the company wished to help the Hungarian food industry, and...

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Amazon.com does fresh food

Amazon.com, the internet retailer known for its massive book sales, has begun delivering fresh foods directly to consumers' doorsteps.  The experimental marketing program is initially limited to Mercer Island in...

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Wal-Mart reveals Indian wholesale plans

The world's largest retailer, yesterday gave a vote of confidence in the booming Indian economy with plans to introduce a network of cash-and-carry superstores across the country. The venture, with...

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Budapest will be the Unilever's region center

According to Kreativ, Unilever made a new central-european region's base in Budapest. In the frame of One Unilever program, the Hungarian, Czech, Slovak, Sloven,  Croation and Bosnian market will be...

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Unilever will cut 20,000 jobs over four years

The reductions will occur as up to 50 factories are closed or reorganized and most cost savings will be focused on Europe, the company's biggest market. The company also plans...

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Worldwide 1.5 million toys have been recalled by Mattel

Big Bird, Elmo and Dora The Explorer characters' paints may contain excessive amounts of lead when they were manufactured in China.  According to the company one million of the leaded...

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Second Enhancement Package for SAP® ERP available

Customers can selectively implement software innovations from SAP and activate selected functionalities and enhancements as driven by business demand. All innovations in the second enhancement package for SAP ERP are...

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Australian wine in PET bottle at Sainsbury

Sainsbury said if the trial suceeds, PET bottles would be rolled out across more wines. This could lead to a wider departure from traditional glass bottles by wine makers. The...

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