Company and Personal News
Louis Delhaize to buy
Date: 2007-07-11 00:00:00
The European Commission has announced it has cleared Belgian retailer group, Louis Delhaize SA's proposed acquisition of Hungarian hypermarket retailer, Magyar Hipermarket Kft. Louis Delhaize is a privately owned company,...
Read more
Danone to buy Numico
Date: 2007-07-11 00:00:00
French food group Danone has offered to buy Dutch baby food manufacturer Numico with a surprise bid of more than 12 billion euros. Numico is the world's second largest manufacturer...
Read more
New directors at HPS
Date: 2007-07-11 00:00:00
After 16 years FMCG experience arrived Miklos Ostermayer at HPS Group. The new director of sales divison starts with a fresh outsourcing leader called Tamas Korody. In his new...
Read more
Drugs outside of pharmacy, not only at gas station, but in hypermarkets too
Date: 2007-07-10 00:00:00
From July the customer can buy OTC medicines at two Tesco stores. The retail chain's two hypermarkets, in Budaörs and in the XX. District, started to sell OTC drugs....
Read more
InBev sells off Belgian and Dutch assets
Date: 2007-07-10 00:00:00
Brewing combine InBev has announced that it is selling certain retail estate assets in the Netherlands and Belgium to Belgian property group Cofinimmo. The brewer said it had entered...
Read more
HUF 10 million penalty for Drogerie Markt
Date: 2007-07-10 00:00:00
Two of DM campagne could deceive customer said GVH, Hungarian Competition Authority. After Rossmann's stickler the German-owned drugstore chain Drogerie Markt have to play fine, because of its „Quality for...
Read more
Eckes-Granini acquires Brämhults
Date: 2007-07-10 00:00:00
German-based fruit beverages company Eckes-Granini Group has acquired the Swedish premium fruit juice producer Brämhults Juice AB from from Mellby Gård Industri AB. The deal, which was completed on 1...
Read more
PepsiCo offer for Danone
Date: 2007-07-09 00:00:00
Last summer, there was constant speculation that the US company was preparing a bid for Danone, french politicians were disgusted. Pepsico Inc is mulling a takeover for Groupe Danone, French...
Read more
Rexam to buy Russian beverage can maker
Date: 2007-07-09 00:00:00
As part of its bid to expand operations into emerging markets Rexam said it has agreed to buy a Russian beverage can maker for €218m. Rexam, the world's leading beverage...
Read more
Finland-based Fazer Group has taken a majority stake in Russian bakery OAO Volzhky Pekar
Date: 2007-07-09 00:00:00
The company hopes the purchase will double the bakery's turnover in five years. Fazer Russia is currently making a large investment at the Volzhky Pekar's bakery in Moscow, with the aim...
Read more
Trade marked Hungarian Poultry at Spar supermarkets
Date: 2007-07-06 00:00:00
Because of higher feeding cost, the prices of poultry and poultry products growth wit 6-8 % in autum. The Hungarian Poultry Product Board and Spar signed an agreement, that the...
Read more
Nestle opens milk powder factory in China
Date: 2007-07-06 00:00:00
Swiss food giant Nestle said it formally opened a milk powder factory in Erguna, in China's Inner Mongolia region.The company said the plant, Nestle's 21st in China, was in an...
Read more
Permira Group sell Takko
Date: 2007-07-05 00:00:00
German clothes retail chain Takko expands in Romania, Bulgaria and Poland. The american Advent International will pay €770 million for Takko and plans to open 150 new stores under this...
Read more
Nestle completes takeover in France and Spain
Date: 2007-07-05 00:00:00
The world's biggest food and beverage company Nestle won conditional approval from the European Union to buy the nutrition business of pharmaceutical giant Novartis. The European Commission said the...
Read more
Only the owner will change for Hungarian Biscuits plants
Date: 2007-07-05 00:00:00
The French food company announced that it has entered exclusive talks to sell its biscuit division to Kraft in a transaction valued at $7.2 billion. This move will allow Kraft...
Read more
Flare at Coca-Cola HBC plant in Luka
Date: 2007-07-04 00:00:00
The upgrades at the Luka plant enable Coca-Cola HBC to produce 30,000 bottles an hour. Greek Bottler Coca-Cola HBC (CCHBC) has invested 14.8 mln eur for a new bottled...
Read more
Reorganization at Food Express
Date: 2007-07-03 00:00:00
There is a hard competition between home delivery food services. Because of the cheap price of small companies, the biggest, Food Express has to make restrictions. A few years ago...
Read more
No more biscuit at Danone
Date: 2007-07-03 00:00:00
The French Danone – owner of Gyõri Keksz – is thinking about a potential sale of its biscuit business to Kraft or Kellog, its US rivals. Danone's management was expected...
Read more
20 Bauhaus unit in the next years
Date: 2007-07-02 00:00:00
Germany's do-it-yourself chain, Bauhaus, will debut in October in Dunakeszi.Bauhaus will open two further stores this year, one in Dunakeszi and another in Szigetszentmiklós, which will be followed by 18...
Read more
Food safety fine for Lidl
Date: 2007-06-29 00:00:00
One of Lidl's polish eiscream had to be get out of the circulation and must be annuled, because the production was not safe enough, and the eiscream could be tainted....
Read more
Reorganization by Zalabaromfi
Date: 2007-06-29 00:00:00
The new owner, the Dale consortium bought the company for more than 50% of a start prise, HUF 2,4 billion. Dale started to reorganize and rationalized the company in Zalaegerszeg....
Read more
Burger King will be open in Bohemia
Date: 2007-06-29 00:00:00
AmRest, the listed restaurant operator – managing, among others, Burger King,Pizza Hut KFC – ask for working permit in Czech Republic. Until now the concret start of the first bohemian...
Read more
Tesco set to launch book club with UK's biggest publisher
Date: 2007-06-28 00:00:00
Tesco, the supermarket chain with more than 1200 stores in the UK, is expanding its retail empire by launching a book club in collaboration with the UK's biggest publisher, Random...
Read more
Spain Gives Nod to Nueva Rumasa's Acquisition of Parmalat's Clesa
Date: 2007-06-28 00:00:00
According to Spain's business media, the national competition authority has given food group Nueva Rumasa the green light to acquire Clesa, the Spanish subsidiary of Italian dairy firm Parmalat. The...
Read more
Charles' organic carrots rejected by Sainsbury's for being 'rotten'
Date: 2007-06-28 00:00:00
SAINSBURY'S rejected royal carrots grown at the Prince of Wales's organic farm because they were “rotten”. The supermarket giant said the quality of Duchy carrots from Highgrove had "deteriorated"...
Read more
Nike is popular in Europe
Date: 2007-06-28 00:00:00
With growth in the U.S. and abroad, plus surprisingly strong future orders, Nike allayed fears and buoyed hopes for some about the future of the world's largest athletic shoe and...
Read more
CBA birthday meeting for partners
Date: 2007-06-27 08:00:00
CBA Kereskedelmi Kft. held a meeting for its partners in Domonyvölgy, on 1 June, to celebrate its 15th birthday....
Read more
25 checkpoints
Date: 2007-06-27 08:00:00
The perking plant of Lavazza in Torino, the biggest in the EU, covers 7,3 hectares. As they do not have plantations of their own, they purchase coffee from 60-70 producers....
Read more
Tesco sponsoring Salva Vita this year
Date: 2007-06-27 08:00:00
Tesco-Global Áruházak Zrt. has donated HUF 20 million to the Salva Vita Foundation which promotes the integration of physically challenged young people and adults into society....
Read more
Climate-friendly Tesco in Sátoraljaújhely
Date: 2007-06-27 08:00:00
The climate-friendly Tesco store in Sátoraljaújhely uses 25 per cent less electricity and 50 per cent less gas. James McCann, general director of Tesco and Daron Neal, director responsible for...
Read more
