Company and Personal News
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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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....
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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....
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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...
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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...
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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...
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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"...
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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...
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METRO in Pécs modernised
Date: 2007-06-27 08:00:00
The most recently modernised METRO Cash & Carry Hungary store opened in Pécs, on 14. June. According to Tibor Zsombor, sales director of METRO Cash & Carry Hungary, all of...
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IMIGe team expanding
Date: 2007-06-27 08:00:00
Gábor Schwarz from Penthouse Magazin became the business development director of IMIGe Hungary in April, while two former Boomerang Media employees, Erika Farkas and András Farkas András have joined the...
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Health and exclusivity
Date: 2007-06-27 08:00:00
Spar Magyarország Kft. and Europark Shopping Centre organised an event called Health Days for the first time between 4-6 May. A new, exclusive private label brand has been added to...
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Art therapy sponsored by Tesco
Date: 2007-06-27 08:00:00
Mosoly Alapítvány has developed a special art therapy program for children in hospital which is sponsored by Tesco-Global Áruházak Zrt. So far, the program has been implemented in Heim Pál...
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STI acquires Petõfi Nyomda
Date: 2007-06-27 08:00:00
STI-group – the leading manufacturer of displays in Europe and a major manufacturer of packaging materials – purchased Petőfi Nyomda Kft. from M-real Corporation on 1 June....
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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....
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