Company and Personal News
Rynart Hungary became bankrupt
Date: 2007-10-04 00:00:00
The Dutch company asks for win up against itself. Rynart worked since 1993 in Hungary, many years had a dynamic growth, but in last years gotten a bad business politic,...
Read more
Kraft Foods to sell it's two juice brands
Date: 2007-10-04 00:00:00
The sale of the Fruit2O water and Veryfine beverage brands to Sunny Delight Beverages Co. will be completed during the fourth quarter. Selling the two juice brands is the latest...
Read more
Nestle Agrees Settlement with Italian Tax Authorities
Date: 2007-10-04 00:00:00
Nestle Italia negotiated a 36-million euro out-of-court settlement with Italian Tax Authorities, it was announced yesterday. But the global giant, the world's largest food and beverage company, strongly denied any accusation of...
Read more
Tchibo to open first shop in Arena Plaza
Date: 2007-10-03 00:00:00
Tchibo's changing product ranges include everything from an exciting kid's toy to a fashionable jacket or a cool MP3 player. The start will be marked by the opening of the...
Read more
English owner at Plaza in Ozd
Date: 2007-10-03 00:00:00
Dawnay Day Carpathian PLC said it has acquired a retail portfolio of four properties from the Austria-based MID Group. The property investment company said that after the purchase costs, the...
Read more
Nielsen's new software can decrease the assortment's loss at the stores
Date: 2007-10-03 00:00:00
The research company developed a new software communicates between the producers and the retail places and can amend the product availability at the shops. The assortment's absence makes 4 billion...
Read more
Zagorka invests to increase production capacity
Date: 2007-10-02 00:00:00
Heineken's bulgarian brewery plans to invest EUR15m between 2008 and 2009. The company builds a new 2100 sq. m. warehouse and buy four new cyllindricconic tanks to extend its fermentation...
Read more
Probiotic Club at Danone
Date: 2007-10-02 00:00:00
Famous yoghurt eating stars joined to the exclusive club. The club members together with specialists popularize the probiotic food in front of media workers until year's end on three events....
Read more
Theodora, the most public Hungarian mineral water
Date: 2007-10-02 00:00:00
The Kékkúti Ásványvíz Zrt. has 16,5 share between Januar-August 2007 on the mineral water market. Since four years Theodora is the most public mineral water in Hungary. According to ACNielsen...
Read more
A new Fornetti sandwich comes
Date: 2007-10-02 00:00:00
With HUF 600-800 million investigation new logistic and research central to build. Soon comes the Fornetti specialty, taste like the old milk-loaf had. Last year Fornetti franchise companies had 66...
Read more
Aldi eyes city centre locations
Date: 2007-10-02 00:00:00
The success of Aldi's first city centre store at the Arndale Centre in Manchester has prompted the retailer to seek out further city centre locations as it continues with its...
Read more
Foreign companies barred from importing meat into Russia
Date: 2007-10-01 00:00:00
Over 80 foreign companies were stripped of meat import licences into Russia this year because of deemed poor quality. "The right to export meat to Russia was stripped from...
Read more
Burger King to Debut Branded Snacks
Date: 2007-10-01 00:00:00
A licensing agreement with The Inventure Group will put the snacks in retail outlets this fall. Beginning this month Burger King fans can have it their way at vending...
Read more
Judgment of first instance at Paprika-action
Date: 2007-10-01 00:00:00
The health of customers was not endangered, but they were mystifed by Szegedi Paprika Rt. . The company have to pay HUF 10 million fine. The first rate defendant, the...
Read more
New retail manager at Acer
Date: 2007-10-01 00:00:00
Laszlo Berente works first of all with the bigger retail chains and other top-partners. The specialist, economist and HR manager speaks english and until the last time worked at CHS...
Read more
The best bartender is looking by Stella Artois
Date: 2007-09-27 00:00:00
The three week competition started 24 September in six regions of Hungary, the best in show will be on 9. October in Budapest. The first 3 from all regions can...
Read more
Medicines at Drogerie Markt
Date: 2007-09-27 00:00:00
Until the end of 2007 the company hopes to open drug corners at the all chain, in 2003 stores. It costs HUF 500 million. This time medicament can be sold...
Read more
Auchan to invest in Portugal
Date: 2007-09-27 00:00:00
The retail group will invest about 600 mln eur in Portugal over the next three years as part of an expansion plan. The group plans to expand its Pao de...
Read more
Swiss cartel authorities back Aldi and Lidl expansion plans
Date: 2007-09-27 00:00:00
Swiss regulators back expansion plans of German discount retailers Aldi and Lidl, Handelsblatt reported, citing a statement made by the Swiss cartel office. The report said the cartel office approved...
Read more
METRO Group dashes in Turkey
Date: 2007-09-27 00:00:00
Media Markt, brand of the METRO GROUP opens its first Turkish store in Istanbul. Following Metro Cash & Carry and Real, Media Markt is now the third sales brand of...
Read more
New Visa card with EMV system
Date: 2007-09-27 00:00:00
V PAY is a chip and PIN only product, with no legacy requirement to support manual imprinting, cardholder signature and magnetic stripe reading. 17 million cards will be change. The...
Read more
Aldi defers in Poland
Date: 2007-09-25 00:00:00
German discount retailer Aldi has postponed plans to enter the Polish market until early next year and will open fewer outlets there than planned. Aldi will open about 10 stores...
Read more
Ferrero loses monopoly over Kinder sweets
Date: 2007-09-25 00:00:00
Ferrero has been left with a bitter taste after being banned from keeping its monopoly over the word kinder, the German word for children, on its popular Kinder Surprise eggs....
Read more
Start at Airport City
Date: 2007-09-25 00:00:00
The first phase of the project is scheduled for completion in Q1 2008 including 8,300 sqm of warehouse space for lease and nearly 2,000 sqm of offices. Developer Ablon has...
Read more
Bunny with new batteries
Date: 2007-09-24 08:00:00
A special promotion was organised by Duracell for the beginning of September. .Human size pink rabbits appeared in the streets of Budapest to exchange used batteries of passers by for...
Read more
New management for Mood Media
Date: 2007-09-24 08:00:00
Former CEO Jean-Marie Noizet became president of a Mood Media in June 2007, while Jonathan Patrick, formerly of MTV Networks International became the new CEO. The company is present in...
Read more
Get your cards!
Date: 2007-09-24 08:00:00
The MasterCard Europe campaign has played a part in increasing the number of businesses where cards are accepted by 36 per cent last year. The number of credit cards also...
Read more
Aggressive expansion to counter international giants
Date: 2007-09-24 08:00:00
According to Liang Wei, CEO of Lianhua Supermarket Holding, they are planning to open 1,200 new, modern stores. Their main competitors in the struggle for dominance in the Chinese retail...
Read more
New horizons for STI Petõfi Nyomda
Date: 2007-09-24 08:00:00
Petőfi Nyomda has been operating as part of the German STI group since 1. June 2007. Both companies supply high quality packaging material for international brands. STI is an expert...
Read more
Tesco presenting Tesco Színes
Date: 2007-09-24 08:00:00
Tesco has presented its Tesco Színes private label products at a press conference. Some of these have been developed specially for the Hungarian market, some have only been available in...
Read more