Company and Personal News
15 years of dm in Hungary
Date: 2008-09-05 08:00:00
drogerie markt celebrated the 15th anniversary of opening its first store in Hungary on 8. July. At present, the chain has 222 units and sells 10,000 products, including 1,400 private...
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Successful first six months for SIÓ-ECKES
Date: 2008-09-05 08:00:00
Sales generated by SIÓ-ECKES Kft were up by 21 per cent in terms of quantity in the first six months of the year, compared to the same period in 2007....
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New name for Hungarian Bonduelle subsidiary
Date: 2008-09-05 08:00:00
Bonduelle Nagykőrös Kft, the Hungarian Bonduelle subsidiary will operate under the name Bonduelle Central Europe Kft in the future and will also be responsible for regional sales and marketing activities....
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Successful cooperation between TESCO and Salva
Date: 2008-09-05 08:00:00
„Az Év Támogatottja” is a TESCO program for helping handicapped people. Last year, the apprenticeship project developed by Salva Vita Foundation for helping young, mentally handicapped people received support from...
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New marketing director for Borsodi
Date: 2008-09-05 08:00:00
András Szirbek has been appointed the new marketing director of Borsodi Sörgyár Zrt. He had been a brand manager of brands like Magnum, Delma, Flora, Bertolli, Rama, and Lipton. Subsequently,...
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Business Superbrands award for GfK
Date: 2008-09-05 08:00:00
GfK Hungária received the first Business Superbrands Award in 2008 for representing excellence, quality and reliability in the b2b market. In the future, brands enjoying an excellent reputation in their...
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STI Display forms regional subsidiary
Date: 2008-09-05 08:00:00
STI group – the number one manufacturer of displays in Europe –formed a subsidiary for supplying the Central-Eastern European market in June. STI Display Hungary Kft will supply creative POS...
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Nestle re-locates ice-cream production to Bulgaria
Date: 2008-09-05 00:00:00
The decision was taken in the wake of the company’s re-organisation but also because Bulgaria’s biggest Black Sea city of Varna is very near to Romania’s capital, Bucharest, and is...
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Reconstructions work at Sara Lee Hungary tea plant in Rákospalota
Date: 2008-09-05 00:00:00
This HUF 1 billion development follows an other HUF 800 million cost factory building in 2006. In frame of the new system mashines on 3,000 sqm must be relocated. In...
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Red pepper harvest started
Date: 2008-09-05 00:00:00
Univer Product is one of the biggest producer of Hungarian red pepper, the company's suppliers are growers in Kecskemét and near to. Because of the moistery and cold summer this...
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Carrefour Romania doubles operating income
Date: 2008-09-04 00:00:00
In the first six months of the year, the company reported a VAT-free turnover of 427.1 million euros on the Romanian market, up 40.3% against the same time in 2007....
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InBev to Sell Oriental Brewery
Date: 2008-09-04 00:00:00
Belgian brewer InBev NV is planning to put its South Korean beer business up for sale, in an effort to shed a noncore asset and raise what could be roughly...
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Coca-Cola Company to Buy Chineese Juice Group
Date: 2008-09-04 00:00:00
The Coca-Cola Company announced its intention to make cash offers to purchase China Huiyuan Juice Group Limited, a Hong Kong listed company which owns the Huiyuan juice business throughout China....
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Dreher Premium Lager debutation in South Africa
Date: 2008-09-04 00:00:00
South African Breweries Ltd (SAB) said the launch comes hot on the heels of the successful introduction of Grolsch into the local market. As part of its European expansion, global...
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Industrialists want steeper tax cuts
Date: 2008-09-04 00:00:00
The National Union of Industrialists approved of the overall tax cut package but would like to see the 1.2 trillion forint (about 4.7 billion euros) cuts introduced in less than...
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Dream cars and Playboy mates from Beck's
Date: 2008-09-03 00:00:00
Four lucky beer drinker won a Volvo C30, the keys were given by Playboy's Miss July, the cover girl. The game started on 7. July. Until 31. August more than...
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Delhaize Group Closes La Fourmi Acquisition in Romania
Date: 2008-09-03 00:00:00
The Belgian international food retailer, announced today that it has completed through its fully-owned subsidiary Mega Image the earlier announced acquisition of La Fourmi, which operates 14 stores in Bucharest,...
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Carrefour on shortlist to buy Lenta
Date: 2008-09-03 00:00:00
According to French press reports, Oleg Jerebtsov, founder of St Petersburg-based hypermarket chain Lenta, is considering selling 89% of his company to the highest bidder, possibly Carrefour. Wal-Mart, Carrefour, Kesko...
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Processing against Tesco because of cheap meat
Date: 2008-09-03 00:00:00
According to the informations of Kelet-magyarországi Húsosok Kereskedelmi Kft. the hypermarket chain sell spare rib with bone for HUF 700, also this is the suppliers' price. József Fazekas, president of...
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Lidl starts construction of Bulgarian outlets
Date: 2008-09-03 00:00:00
German retailer will start building a pilot outlet in the city of Lovech, Northern Bulgaria, the company said. Work on a further five outlets will begin by the end of...
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The school year beginns with Nutrition Olympic
Date: 2008-09-03 00:00:00
The common program of Nestlé Hungária Kft. and the Hungarian Dietetic Association focuses on prevention of child obessity. School using the Nutrikid teaching program can take part on Nutrition Olympic....
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Dell shares slump as earnings disappoint
Date: 2008-09-02 00:00:00
While revenue increased from a year ago, to more than $16 billion, Dell's profit fell 17% as the company said its margins were hurt by low pricing as it works...
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Euronics International posts record revenues
Date: 2008-09-02 00:00:00
Europe's biggest group of independent retailers in the consumer electronics market, realised record revenues of EUR 12.6 billion in the elapsed financial year. The international alliance oparets at over 11,500...
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Solid Sales Growth at Carrefour
Date: 2008-09-01 00:00:00
French retail giant announced sustained sales growth of 8.5% at constant exchange rates in its 1H 2008 results. The company said it was strongest first half growth since 2005. This...
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PepsiCo to finish Acquisition of Russian Juice Leader
Date: 2008-09-01 00:00:00
Lebedyansky is the world's sixth-largest juice manufacturer and the largest in Russia, with an estimated market share in Russia of around 30% and annual revenues in 2007 of approximately $800...
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TESCO plans store for pensioners in UK
Date: 2008-09-01 00:00:00
Supermarket giant Tesco could be about to open its first pensioner-friendly supermarket in the UK, it has been revealed. If given the go-ahead, the store would feature extra wide aisles,...
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X5 Retail strong Q2
Date: 2008-09-01 00:00:00
The Russian retail Group NV said second quarter net profit reached $74 million, up more than five-fold from $14 million in the year-earlier period thanks to surging sales and tighter...
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SCHUITEMA to sell ten stores in Netherlands
Date: 2008-09-01 00:00:00
Dutch retailer Schuitema has said it is to sell ten ailing C1000 stores. Seven will be handed over to discount retailer Aldi, while two will go to Schwarz Group's Lidl,...
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Meat-processing plant in Mako
Date: 2008-09-01 00:00:00
Turkish-owned Duna-Doner will supply Turkish restaurants in western Europe with meat for doner kebabs. According to press information the company will begin construction of a Ft 500 million (€2.14 million)...
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