Company and Personal News

Round table speech about milk organised by Sole-MiZo

The milk industry needs a consolidation which is accessible only with a new strategy passing for every side of the business. Dr. Imre Timar, president of Sole-MiZo invited the market...

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8th Internet Hungary Conference in Tihany

20 presentments, 10 forums about the Hungarian Internet industry's future and the international trends. Presenters are among others: Ildiko Sarkady, member of the Hungarian government, Daniel Pataki, president of the...

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Cigar and palinka

For its 5 years jubileum the Agárdi Distillery brought a new product called Agardi Cigar Palinka from grape marcs. This year only 1,000 bottle is served from this premium product....

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Coke gives US$2m in Recyclebank

The investment is part of a larger relationship with RecycleBank to increase curbside recycling rates in the US. RecycleBank motivates households and communities to recycle by financially rewarding each household...

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Nestlé inks Henniez deal

Switzerland's Commission de la concurrence (Comco) has approved Nestle's acquisition of a 61.66% stake in Sources Minérales Henniez SA.   In September, Nestlé Waters has signed a deal to acquire bottled...

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New head of marketing at Maspex Olympos

Andrea Kiss further worked at Danone Group as senior brand manager of Gyõri Keksz.   Hers forbear, Katalin Zarándy from September boost Sió-Eckes as marketing director. The new specialist, transfered...

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Rise in prices in autumn

According to the research of Agrar Europe Kft., the Hungarian consumer have to face 10-15% price rising at food products in October-December period.  The rise in rates came from the...

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New mozarella and ricotta plant at Ovartej

The investment was HUF 500 million, in the new plant yearly 3000 tons mozarella and ricotta will produce. Most of them sell in Italy.   The developing comes 40% from...

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Brau Union, Spitz team up over Gasteiner

Brau Union has turned its Gasteiner mineral water unit into a joint venture. The Austrian company, which is owned by Heineken, confirmed that it has sold 51% of Gasteiner to...

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New Nordsee restaurants in East-Middle Europe

The German company prepares to start 150 Campo's restaurants in the region, where the fresh meal would make in front of the consumer. Hainer Kamps, the owner of the Nordsee...

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Zwack success at the First Budapest Palinka and Sausage Festival

Costumers could meet Sandor Zwack and the Manufacture's Palinka Master Jozsef Somogyi.  During the festival the Zwack Palinka Distillery in Kecskemét offers 21 kind of palinka. The Kosher line of...

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SABMiller Unit To Boost Exports

Brewer Plzensky Prazdroj, a unit of global giant SABMiller, has said it plans to double the worldwide exports of its premium lager Pilsner Urquell within five years. Company CEO Mike...

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Coca-Cola Doubles Capacity at Russian Plant

Coca-Cola HBC (CCHBC) has launched a third production line at its St Petersburg site to expand production by 200 million litres a year.  The 20 million euro investment will double...

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Mars chocolate will be more expensive

Because of the raw material price Mars Hungary have to increase its price with 10-10%. First of all chocolates will be more expensive, at other products MM try to keep...

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Zaitisi Catering to open an exclusive restaurant in Budapest

The company is looking for a downtown place for its restaurant servicing 80-100 persons. Since this year's spring the famous Bohemian catering company has an agency in Budapest.  It gotten...

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Baileys Mini is OK

Europe's highest court ruled U.K. premium drinks business Diageo can continue to sell its liquor in bottles using traditional U.K. measurements.  The case is part of a long-running conflict within...

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Two million HUF donation for Hungarian Special Olimpicons by Kekkuti

More than 170,000 tenders arrived at Theodora's „Drip from the life” action, the donors cycling 3500km.  Consumers had to send 6 Theodora bar codes, so they could win weekend for...

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Pepsi's Operating Profit in the sky

Pepsi Bottling Group (PBG) revenues rose by eight per cent to €2.6bn during the third quarter. The company, which is the world's largest bottler of Pepsi-branded soft drinks, revealed that...

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Tesco hasn't to pay penalty

After Hungarian Competition Authority's inspection the Tesco is ready yearly to write out tender for shelf-service firms, so authority didn't punish to company.  According to Hungarian Competition Authority Tesco's practice...

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Red wine with coke and badminton in bottle

The typically Hungarian products, made by by Kiraly Ital Kft., are available first at Metro- chain, soon they will be on other stores' shelves too. Királyi Fröccs, popularized by actor...

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Sodexho protects families, who famish

Sodexho together with local authorities and the Foundation of Children eating write out a tender for families.  In the program 150 families will get cheques in amount HUF 15,000. The...

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Auchan waits 5-6,5% increase

The number of consumers grow at the chain, own-branded products come next year.   According to Auchan's CEO the hungarian retail sector must face with decrease until next years's August,...

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Kraft Foods to sell it's two juice brands

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...

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Nestle Agrees Settlement with Italian Tax Authorities

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...

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Hungarian industrial designer could win the Henkel Art.Award

Rajmund Domán is one of the nominated, who takes home the Henkel Art.Award., endowed with a monetary prize of 7,000 euros as well as an exhibition of the artist's works...

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Cadbury takes one part of producment to Poland

Cadbury Trebor Bassett is to shut its chocolate factory in Keynsham, Somerset, with the loss of 500 jobs.  The proposal is part of the company's attempt to restructure its UK...

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Rynart Hungary became bankrupt

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,...

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Tchibo to open first shop in Arena Plaza

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...

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