Company and Personal News
Magazine tests find Red Bull “lacking”
Date: 2007-08-24 00:00:00
Red_Bull has taken a hammering from a consumer magazine in Germany. The energy drinks brand was found to contain too much sugar, too much caffeine, unnecessary vitamins and some questionable substances...
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Aldi starts to build the first store in Region Baranya
Date: 2007-08-23 00:00:00
German-based company Aldi, the world's tenth-largest retailer comes amid the aggressive expansion of discount retailers within the past two years in Hungary. Pécs will be one of the region centers....
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Profi stores in Romania
Date: 2007-08-23 00:00:00
Die belgian Louis Delhaize Group's discount chain Profi bought 9 supermarkets in Bukarest from lithuanian Maxima Lt. Chain. The supermarkets' last year's income was 23 million euro, 30% more than...
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Lidl'll get share in a german bio store chain
Date: 2007-08-23 00:00:00
The discount store chain wants to get 23% share in the Basic, customers and suppliers protest. Lidl would to increase the number of bio products in its own shops too....
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16% sales' increase at Lindt & Sprüngli in H1
Date: 2007-08-23 00:00:00
The excellent growth in sales during the first half of 2007 has seen operating profit (EBIT) rise substantially by CHF 16.2 million to CHF 31.7 million or +104%, while the...
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Mood Media Makes Changes At The Top
Date: 2007-08-22 00:00:00
Stepping down as Group Executive Chairman at Mood Media concentrate on strategic growth opportunities for the Group and other investments, Philippe G von Stauffenberg has named Jean-Marie Noizet, previously Group...
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Nike Inc. has won lawsuits against fakers and dealer
Date: 2007-08-22 00:00:00
The Shanghai Court awarded the world's largest sports apparel company, a total of 350,000 yuan ($46,100) in damages. The Shanghai No. 2 Intermediate Court awarded Nike, the world's largest sports...
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Lebedyansky pays dividends for 2006
Date: 2007-08-22 00:00:00
The company paid US$22.5m at $1.1 per share. The Russian juice company hit the headlines last week, when local reports claimed it was in talks with PepsiCo over a possible takeover....
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Nestle Waters is set to buy a water production facility in the US
Date: 2007-08-21 00:00:00
The US unit of the water company is thought to be around two months away from acquiring Blu Springs Farm in Oswego County in New York. The unit will...
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Cake of Hungary at six Szamos Marcipan confectionery
Date: 2007-08-21 00:00:00
The Floating Island Cake's recipe was made by Association of Hungarian Confectioners, at the suit of the Hungarian Prime Minister's Office.The birthday cake of Hungary is a fancy cake, a...
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Mueller-Milch and Coca-Cola Israel Group made joint venture in Romania and Bulgaria
Date: 2007-08-17 00:00:00
The German family-owned dairy group's product will distribute by Coca-Cola Israel in Bulgaria and Romania. Coca-Cola Israel currently distributes brands such as Tuborg, Carlsberg, Orangina and Granini in both markets, the news...
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Sara Lee Corp. reported 32% operating income
Date: 2007-08-17 00:00:00
The Chicago based company announced net sales for fiscal 2007, ending June 30, 2007, were $12.3 billion, an increase of 7.1 percent. Net sales grew in all six business segments,...
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Tetra Pak aims 10 per cent cut in CO2 emissions by 2010
Date: 2007-08-17 00:00:00
The company, holds 80% share of the carton market, said it had reduced its CO2 output to 373,000 tonnes in 2006 from 390,000 tonnes in 2005. The group added that...
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H.J. Heinz Co. introduced about 100 new products in the past 12 months
Date: 2007-08-17 00:00:00
The company plans to add 200 items in the year through April. The company spent 25 percent more on marketing to promote healthier products in the U.S. and U.K but...
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(HU) Szeptemberben rózsaszín Duracell nyulak bukkannak fel Budapesten
Date: 2007-08-17 00:00:00
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(HU) Jövőre elkészül a BILK legújabb, 15.000 m2-es raktárépülete
Date: 2007-08-16 00:00:00
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Despite high raw material prices, the margin on operating profit rose
Date: 2007-08-16 00:00:00
Nestle, the world's largest food company by sales said half-year net profit rose by 18% to CHF4.92 billion from CHF4.16 billion in the year-ago period, beating analyst expectations of around...
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Frappé recall is not neccessery in Hungary
Date: 2007-08-15 00:00:00
According to importer Store Ltd., there wasn't any dioxin tainted Jede product in the hungarian shops, so there will be not a recall. Jede Ab, owned by Neste Sweden said...
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Mastercard is popular in Europe
Date: 2007-08-15 00:00:00
The credit card company worldwide purchase volume rose 14.3%, on US dollar basis in the second quoter 2007. As of June 30, 2007, the company's consumers had issued 164 million...
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Pepsico may aquire Russian juice firm
Date: 2007-08-14 00:00:00
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
Date: 2007-08-14 00:00:00
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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