Company and Personal News

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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Profit growth and reorganisation at Danone

Danone said net profit came to 656 million euros in the six months through June. First-half revenue rose 9.2 percent to 7.5 billion euros. Danone is selling its core biscuits...

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No timetable for selling Cadbury's american beverage unit

Cadbury Schweppes has extended the timetable for taking bids for its U.S. beverage unit because of market volatility.  The division includes 7-Up, Dr Pepper and Snapple soft drinks. Wall Street...

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Bunge to bring some production to Hungary

Bunge Limited, a leading global agribusiness and food company, has decided to close its plant in Oradea, Romania due to high costs and move some of the plant's capacity's to...

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Coca-Cola is still the most valuable brand

On the second place is the Microsoft with 3% growth, IBM is the third, with 2% increase on the top Global Brands. The annual BusinessWeek-Interbrand brand survey 'The 100 Top...

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Calculable, composed growth at Zwack

The nett income increased with 3.6% on yr/yr, operating surplus growth with 3.8%, after tax profit with 3%.  The export income increased 10%, it was a big goal for managment....

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Dollar billions for healty products at PepsiCo

Pepsico may spend $5 million to $2 billion to buy products that would help its offerings more closely mirror the 'food pyramid' created by the US agriculture department. PepsiCo is...

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European sales make Whirpool stronger

The income from the old continent grew with 10%.  Whirlpool Corp. (WHR), a maker of household appliances, said second-quarter earnings from continuing operations rose 60% to $161 million, or $2...

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Gucci owner gets reins of Puma with $7.3b bid

The luxury goods maker has said it aims to step up opening of new Puma stores in developing markets and increase the brand's presence in the United States. PPR SA,...

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Disaffected owners at Bijou Brigitte

The Hamburg costume jewelry group, works 962 stores, increased its pre-tax earnings to EUR 165.4 million it is 6.8% growth. The rise is  3.7% less as waited – said company...

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Danone sells Danao in France

Danone France is selling its Danao brand, a mixed milk and fruit juice, in the country to cider company Cidreries du Calvados la Fermiere (CCLF). The sale is part of...

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Asda sparks Harry Potter price war

The supermarket had earlier put a maximum £8.87 retail price on Harry Potter And The Deathly Hallows – the same as rival chains Tesco and Sainsbury's.   The supermarket was...

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Nestle, PepsiCo considered merger

Global consumer goods heavyweights Nestle and PepsiCo were reportedly involved in talks over a possible merger earlier in the year, according to a report in the Wall Street Journal.  ...

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Qatari Royal Familie will get a grip on Sainsbury

The British supermarket group J Sainsbury said it has received a takeover approach from a Qatari investment group. "J Sainsbury plc confirms it has received a preliminary approach from Delta...

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Germany's Hertie not up for sale

British private investment group Dawnay Day, which owns German department store chain Hertie, said on Monday that Hertie was not up for sale, denying a report in a German newspaper....

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Wal-Mart tops 2007 Fortune Global 500 list

Huge revenues have propelled Wal-Mart Stores Inc. to the top of the 2007 Fortune Global 500 list, and pushed aside Exxon Mobil Corp. to the No. 2 spot on the...

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Johnson&Jonson is doing well

The good second quarter's outcome dues to overseas sales  Johnson & Johnson posted a 9 percent increase in second-quarter profit. The company reported net income of $3.08 billion, or $1.05...

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Cadbury fined £1m for salmonella offences

The confectionery giant Cadbury was fined £1m yesterday over a national salmonella outbreak which gave 42 people food poisoning and put three of them in hospital.  The Birmingham-based company was...

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Britvic continues Robinsons push online

Britvic has partnered with Microsoft Digital Advertising Solutions to launch an online marketing push for its Robinsons squash brand in the UK.  The drive is built around a website which...

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The best bank of the region is Raiffeisen

Raiffeisen Zentralbank Österreich AG (RZB) and its CEE-subsidiary Raiffeisen International Bank-Holding AG received the award “Best Bank in Central and Eastern Europe” during a reception of the renowned British financial...

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Accor's deputy managing director leaves the company

From the next year Botond Usztoke will manage his own hotel. Since 1995 worked the turistic professional at several Accor Hotels as managing director and form 2006 Januar is he...

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ADT enriched its offer

ADT Security Services, a part of Tyco Fire & Security, recently launched a new wide-exit detection system allowing retailers with wide or multiple exits to detect anti-theft alarms and collect...

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Capacity enrichment at Matusz-Vad Ltd.

After the HUF 70million investment, the company can bunker extra 460 pallet in its warehouse. Matusz-Vad Ltd. is one of the biggest supplier in the gastronome since 13 years, its...

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Tesco closes 14 stores after bomb hoaxes

A number of Tesco stores around the country were closed over the weekend after a series of bomb hoaxes. Sources at the retail giant said the scare was part of...

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Coca-Cola processes because of Smear campaign trough internet

Coca-Cola's Argentinian division accused a competitor there Thursday of waging a two-year smear campaign against Coke's Dasani bottled water. Coke said it filed a "criminal complaint" under Argentina's Unfair Trade...

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Shoppers warned against fake Sensodyne toothpaste

FAKE toothpaste contaminated with a chemical used in anti-freeze has been seized by trading standards officers. Dozens of 50ml packets of fake Sensodyne Original and Sensodyne Mint have been taken...

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After succesfull starts in Romania and Croatia Fornetti opens a new bakery in Bulgaria

Hungarian bakery chain, Fornetti, opened its first exhibition bakery in Bulgaria last week and added four additional stores since then. The company also plans to complete the construction of a...

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Nestle plans to raise prices, cut costs

The group would work to cut some product lines that appear less profitable in the light of higher commodity prices, but none of the 27 blockbuster brands that generate over...

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