Company and Personal News

Pepsico may aquire Russian juice firm

Pepsico has agreed to buy top Russian juice maker Lebedyansky for $1.5 billion to $2 billion according to reports today.  It was reported the deal would take place before the...

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A new Diet Coke with vitamins on the european market

Diet Coke has unveiled a $13.7m marketing campaign to back the launch of Diet Coke Plus ahead of the brand's launch in Europe. The campaign, the first for the Coca-Cola...

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Gap Inc. has jettisoned 1,500 workers

It happends on the ground of a three-year sales slump.  The company with more than 154,000 workers,  handed out about 1,100 pink slips during its fiscal second quarter, a 13-week...

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Unique alubottle form Coca-Cola

The Faithless & Paranoid bottle is easy to take with for parties. In the 0,25 bottle there is place for favorite short drink too. A new technique for applying UV...

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In place of chocolate wellnes nutrition at Campbell Soup

Godiva could fetch more than $1 billion. It has annual sales of about $500 million. The premium chocolate business does no more fit with Campbell's strategic focus on simple meals....

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Friesland called back its products content apricot jam

The producer said the dioxin level of its outputs is anyway under the healthy level. The company's decision born after getting the fact of its czech supplier, that the bought...

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Arena Plaza is sold

Plaza Centers N.V., a leading emerging markets property developer, has announced that it has executed a binding agreement for the sale of its Arena Plaza shopping and entertainment centre in...

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The newest Euronics shop is open at Lurdy

Soon Office Depot and Morgen Stanley will be renter of the almost 10 years old Lurdy-house. At the mall, built in 1998, last year was a chancing in management, and...

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New CEO at Metro Cash& Carry Hungary

José María Cervera (42) works since 16 years at Metro-chain. The original legal expert new CEO joined in Makro, the Metro AG's spain subsidiary in 1991. At first he worked...

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Green light for Heineken

Czech Antitrust Body said OK for Krusovice Takeover by Heineken.  Heineken currently operates in the Czech market through its Austrian subsidiary Brau-Union AG. After the Krusovice takeover, Heineken's market share...

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Close 100 Hungarian Quality Products at CBA store

The hungarian store chain, processing 3000 stores, started with the tittle Hungarian Quality Products two years ago. With this action the company wished to help the Hungarian food industry, and...

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Amazon.com does fresh food

Amazon.com, the internet retailer known for its massive book sales, has begun delivering fresh foods directly to consumers' doorsteps.  The experimental marketing program is initially limited to Mercer Island in...

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Wal-Mart reveals Indian wholesale plans

The world's largest retailer, yesterday gave a vote of confidence in the booming Indian economy with plans to introduce a network of cash-and-carry superstores across the country. The venture, with...

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Budapest will be the Unilever's region center

According to Kreativ, Unilever made a new central-european region's base in Budapest. In the frame of One Unilever program, the Hungarian, Czech, Slovak, Sloven,  Croation and Bosnian market will be...

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Second Enhancement Package for SAP® ERP available

Customers can selectively implement software innovations from SAP and activate selected functionalities and enhancements as driven by business demand. All innovations in the second enhancement package for SAP ERP are...

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Unilever will cut 20,000 jobs over four years

The reductions will occur as up to 50 factories are closed or reorganized and most cost savings will be focused on Europe, the company's biggest market. The company also plans...

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Worldwide 1.5 million toys have been recalled by Mattel

Big Bird, Elmo and Dora The Explorer characters' paints may contain excessive amounts of lead when they were manufactured in China.  According to the company one million of the leaded...

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Green light for Nestle's Gerber acquisition

The European Commission has cleared Nestle's proposed acquisition of Novartis's Gerber business, saying it would not lead to an uncompetitive concentration in baby foods and cereals. The activities of the...

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Australian wine in PET bottle at Sainsbury

Sainsbury said if the trial suceeds, PET bottles would be rolled out across more wines. This could lead to a wider departure from traditional glass bottles by wine makers. The...

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Profit growth and reorganisation at Danone

Danone said net profit came to 656 million euros in the six months through June. First-half revenue rose 9.2 percent to 7.5 billion euros. Danone is selling its core biscuits...

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No timetable for selling Cadbury's american beverage unit

Cadbury Schweppes has extended the timetable for taking bids for its U.S. beverage unit because of market volatility.  The division includes 7-Up, Dr Pepper and Snapple soft drinks. Wall Street...

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Coca-Cola is still the most valuable brand

On the second place is the Microsoft with 3% growth, IBM is the third, with 2% increase on the top Global Brands. The annual BusinessWeek-Interbrand brand survey 'The 100 Top...

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Bunge to bring some production to Hungary

Bunge Limited, a leading global agribusiness and food company, has decided to close its plant in Oradea, Romania due to high costs and move some of the plant's capacity's to...

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Calculable, composed growth at Zwack

The nett income increased with 3.6% on yr/yr, operating surplus growth with 3.8%, after tax profit with 3%.  The export income increased 10%, it was a big goal for managment....

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Dollar billions for healty products at PepsiCo

Pepsico may spend $5 million to $2 billion to buy products that would help its offerings more closely mirror the 'food pyramid' created by the US agriculture department. PepsiCo is...

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European sales make Whirpool stronger

The income from the old continent grew with 10%.  Whirlpool Corp. (WHR), a maker of household appliances, said second-quarter earnings from continuing operations rose 60% to $161 million, or $2...

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Gucci owner gets reins of Puma with $7.3b bid

The luxury goods maker has said it aims to step up opening of new Puma stores in developing markets and increase the brand's presence in the United States. PPR SA,...

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Asda sparks Harry Potter price war

The supermarket had earlier put a maximum £8.87 retail price on Harry Potter And The Deathly Hallows – the same as rival chains Tesco and Sainsbury's.   The supermarket was...

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