Company and Personal News

Five years 22 McCafe

The biggest market player of the Hungarian Caffee market plans dynamic growthing and not care for rivals.  The first McCafé started in 2003 in Hungary, last five years 21 was...

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New sales director at Sara Lee Hungary

The specialist worked as head of sales at Borsodi Beer. From 1. January Zsolt Mihalyff is the sales director at Sara Lee's retail division. The specialist is working in retail...

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Coface, Islamic Corporation to Upgrade Trade Credit Coverage

Coface, a major guarantor of trade credit, announced that it has reached a cooperation agreement with the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC). The ICIEC...

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METRO Group: New competencies within Management Board

Frans Muller takes over as CEO of Metro Cash & Carry, the former director Thomas Hübner leaves for health reason. Frans Muller joined METRO Group in 1997 as Country Manager...

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Nestle to Sell Buitoni Pasta Plant in Italy

The Swiss food giant would like the buyer to develop the plant and invest in advertising, but Nestlé would keep the brand ownership. Buitoni is Nestlé's authentic Italian brand, which...

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Carrefour to buy Indonesian retailer share

The world's second-largest retailer ,agreed to buy a 75 percent stake in Indonesian group Alfa Retailindo ALFA.JK for 49.3 million euros.  The takeover comes as Carrefour continues its strategy to...

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High raw material prieces got not negative impact on Lindt result

The Swiss company increased its sales the full year revenue for 2007 will hit €1.8bn, a 14 per cent increase from the year before. ong sales of premium and dark...

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LLP Group increased product portfolio

The new member of the business solutions is Inform EAM, an enterprise asset management solution system. Infor EAM is monitoring and managing the deployment, performance, and maintenance of company assets,...

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HUF 400 Millions Investment at Chio Hungary

The company developes its plant in Gyor with new furnace, kneader mashine and keeps on reconstruction of packiging mashines.  In part of the total HUF 418 Millions developing plan some...

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Tchibo Planning To Sell Stores in UK

The German group has put 33 of its UK stores on the market, as it seeks to scale back its portfolio of smaller shops.  The 73-strong chain sells coffee alongside...

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Cheap shopping for Polishs by March

Aldi opens its first outlet by March in Poland.  The German giant was originally expected to enter the market in summer 2007, but this was postponed due to problems in...

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Tesco's new style in UK: Multi-level Town Centre Store

The company plans to sell food, televisions, clothing, homewares and toys over two or three floors as its rivals Debenhams, Marks&Spencer do. Tesco plans to build department store-style shops for...

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Sandor Beke, the new sales director at Dr. Oetker Kft

The specialist was appointed by the international team of Dr. Oetker (Beirat), he got the position by 1. February 2008.  Sandor Beke works at the company since 1998, he started...

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Billa to open 10 new stores in Bulgaria

The supermarket chain of German Rewe is present in Bulgaria since 2000, nowadays it has 29 units.  Billa Bulgaria intends to open eight to ten more stores by the end...

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New leader at Coface Hungary

The Coface Group appointed Zoltan Dercze to country director of Coface Hungary, the former director Mikael C. Szabo turnes back to Sweden to lead the Coface Sverige. Zoltan Dercze was...

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Kellogg bought Russian’s biggest breakfast cereal maker

United Bakers’ products, marketed primarily under the Yantar and Lyubyatovo brands, are very popular, and the company said it had a market share of 90 percent. The deal gives Kellogg...

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Douglas Holding net gains 16%

Europe biggest perfumery chain last year sold 1.1 billion euros.  Douglas Holding AG said its full fiscal-year net profit rose to 88.1 mln eur after the company sold its Rene...

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Danone Eyeing Stake in Keventer's Milk Unit

The French company is seeking a majority stake in the Indian the unit, which has a capacity of three million liters a day.  But the Indian company – which is...

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$1.2B investment in food industry

Blackstone Group and Wellspring Capital Management to pay $34.5 per share of Performance Food. Performance Food said it will be combined with Vistar Corp., a foodservice distributor that Blackstone and...

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Nestle repeats medium term sales growth goal 5-6%

Swiss food group Nestle reiterated a longstanding medium-term goal of 5 to 6 percent annual growth in organic sales.  The world's largest foodmaker also repeated its target of steady annual...

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InBev's financial service center in Hungary

The company got HUF 760 million subsidy from the Ministry of Hungrian Transport and Economy.  InBev said in 2006 to decrease company's employes in West-Europe, to relocate the financial, trading...

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Carlsberg's share fell from the mountain

Investors think at 800 pence, the S&N transaction would be to much. Carlsberg A/S, the Danish brewer jointly bidding for Scottish & Newcastle Plc, fell to a 13-month low in...

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Drink Tchibo Coffe – thinking about saving money – special offer in Austria

Erste Bank's „Sparefroh” bundles available at some 60 Tchibo/Eduscho locations in eastern Austria. Erste Bank is forging new paths in the marketing of financial products in Austria. From 11 January...

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Carrefour Express is year to year faster in Poland

Last year 120 million, this year 100 million euros investment in Poland. The world's second largest food retailer works since 1997 in Poland, it started an intensive expansion in 2005....

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Metro sold the Extra Retail Chain in Germany

From July Rewe will rename 245 Extra stores, in 2004 the company bought 119 Extra shops.  The sale of Extra enables Metro to concentrate its food retailing operations solely on...

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Toblerone 100 years succes

An exhibition in Bern salute for Toblerone, what is one of the 20 most well known Switzer brand.  Theodor Tobler (Jean Tobler's son) and Emil Baumann (production manager and Tobler's...

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Weak dollar hits Delhaize Group revenue

Delhaize has more than 1,300 supermarkets in the United States and plans 146-156 new one.  Fourth-quarter group sales declined 3.4 percent to 4.68 billion euros ($6.94 billion), matching the average...

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