Company and Personal News
24 million for
12 foundations
Date: 2008-02-01 08:00:00
A total of HUF 24 million has been donated by Reál Hungária Élelmiszer Zrt. in 2007 for 12 children’s foundations. Regional member companies have been free to decide which foundations...
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New HR director for SIÓ-ECKES
Date: 2008-02-01 08:00:00
Marianna Bartos was appointed the new HR director of SIÓ-ECKES Kft. on 1. January. Previously, she had worked for Johnson&Johnson Kft. and has 15 years experience in the FMCG sector....
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Interfruct United
Date: 2008-02-01 08:00:00
Interfruct stores use standardised assortment, prices and promotions and also operate as independent logistic centres. The chain is going to contuniue expanding its RIA network. According to István Bránát, managing...
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Cryovac launches printable top web for vacuum packaging
Date: 2008-02-01 00:00:00
The new Darfresh TP100 allows manufacturers to use high quality printing to differentiate their products.The new Darfresh TP100 top web film is printed on the surface using flexography in up...
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Ferroro to Built chocolate plant in Russia
Date: 2008-02-01 00:00:00
The 200 million euro factory will produce 25,000 tons of its Raffaello and Kinder Chocolate brands annually.The Russia's chocolate market is valued at 250 billion rubles ($10.2 billion) with a...
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OBI is Going to Extend in Romania and Slovakai
Date: 2008-02-01 00:00:00
With more than 500 stores OBI is the undisputed No 1 in the German market and one of the leading European DIY retailers, overall sales worth was EUR 5.8 billion....
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New Business Environment Rating system by Coface
Date: 2008-01-31 00:00:00
Complementary to Country@ratings, a new rating is thus available that reflects business environment quality by 150 country. On the occasion of its annual country risk conference, Coface forecasts slower world...
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From industrial place to retail center at the former Zalahus plant
Date: 2008-01-31 00:00:00
With 35-40 million euros investment a shopping center ring by green parks, playgrounds and car parks will be built by Convergence Capital Ltd. The construction works started in second half...
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Henkel Awards for research and technology invention
Date: 2008-01-30 00:00:00
Finally, eight interdisciplinary project teams were chosen to receive the coveted prize. The jurors of the Research/Technology Invention Award 2007 found it no easy task to pick the winners among...
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Espresso and cappucino are the most popular coffees
Date: 2008-01-30 00:00:00
According a research by Valdo Café Hungarians drink coffee because of taste and its impact, most of use think coffee is unhealthy. Compatriots enjoy coffee mostly at home, daily once...
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HUF 45 million food was donated in Spar stores
Date: 2008-01-30 00:00:00
Volunteers and officers of Hungarian Order of Malta collected foods durables 11th time in Spar stores for poor families and old people living alone. Last in the Christmas action 130...
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Carlsberg will sell words most expensive bottle of beer for $400
Date: 2008-01-29 00:00:00
The Vintage No. 1. is an exclusive beer where there will only be 600 bottles for 2008 Danish kroner in three exclusive restaurant in Coppenhagen. Apparently the 10.5 percent proof...
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Brau Union to buy minority investors' shares
Date: 2008-01-29 00:00:00
According to its option Brau Union AG buys out the rest 0.36% share of the company. Heinken offers only HUF 8,887 per share, paying until 15 Februar trough Raiffeisen Bank,...
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Carrefour posted the biggest year-on-year sales increase in 2007 in Romania
Date: 2008-01-29 00:00:00
The French group reported 866m-euro sales last year, up 54.5% from 2006. Carrefour turnover evolution in Romania comes as a result of the expansion of the hypermarket network in 2007...
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Tommy Hilfiger halts flotation
Date: 2008-01-29 00:00:00
The move could also prompt a rethink at other high-profile fashion brands, such as Prada and Salvatore Ferragamo in Milan. Hilfiger, viewed as an all-American lifestyle brand and famous for...
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New CEO at LLP Budapest
Date: 2008-01-29 00:00:00
Zsolt Ambrus works from 1 March, he was the former division leader of Microsoft Dynamics Hungary. The specialist worked for Oracle, than in 2003 he joined to Microsoft Hungary, first...
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Tesco to Open `Express' Convenience Stores in China
Date: 2008-01-29 00:00:00
Since 2004, when the British Retailer started to operate with joint venture partnere, the company opened 50 hypermarkets, this year Tesco has 300 million dollars investment in China. Tesco, Britain’s...
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Sephora To Open In-Store Cosmetics Shops ít M&S in UK
Date: 2008-01-28 00:00:00
The possible joint venture would be based on a model employed by Sephora in the US, where it has shop-in-shops with JC Penney. Marks & Spencer is in provisional talks...
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Recommended Cash Offer for Scottish & Newcastle plc
Date: 2008-01-28 00:00:00
The boards of Scottish & Newcastle plc have reached agreement with a newly incorporated company jointly owned by Carlsberg A/S and Heineken N.V. Under the terms of the Offer,...
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Danubius Hotels to plan only operation in Marcali Hotel
Date: 2008-01-28 00:00:00
Hungary's hotel operator Danubius Hotel Nyrt. has announced it has sold its ent56.7% stake in Marcali Hotel Kft.. Marcali Hotel Kft. is planning the building of a spa hotel in...
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Electornic nose against stinky meat
Date: 2008-01-28 00:00:00
The SensorFresh takes 2000 readings in under a minute and so analyze the air around the meat. The mashine is avalaible by internet. The sensor's built-in fan draws in the...
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Sümegi and Sons Winery exports to China
Date: 2008-01-28 00:00:00
Companies agreed about wine processing and jointly sales in China. According to the agreement Keller Ltd. (Sumegi and Sons Winery) started the export last Q of 2008 , yearly more...
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Coop- Franchise chain of 2007
Date: 2008-01-28 00:00:00
The Hungarian Franchise Association' award was given at a gala evening on Friday. The 11 years old Coop got the award of Franchise chain of the year 2007. The...
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Kraft instant coffee plant to Open in March
Date: 2008-01-28 00:00:00
American food company invested $100 million into construction in Russia. The plant in Gorelovo will produce 5,000 tons of instant coffee a year. The new plant is located in close...
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Tea pyramid from Russia
Date: 2008-01-28 00:00:00
Food giant Unilever has started the production of Lipton tea in pyramid packs at its St. Petersburg 'Tea Packing Factory'. According to company's satement to produce pyramid packs, a...
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Five years 22 McCafe
Date: 2008-01-25 00:00:00
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
Date: 2008-01-25 00:00:00
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
Date: 2008-01-25 00:00:00
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
Date: 2008-01-25 00:00:00
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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