Company and Personal News
InBev and Anheuser-Busch merger
Date: 2008-02-07 00:00:00
InBev NV and Anheuser-Busch Cos., the world's first- and second-largest brewers, rose in trading after the Wall Street Journal said the rivals have discussed a merger that may happen this...
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Danone-Weight Watchers joint venture in China
Date: 2008-02-07 00:00:00
Weight Watchers International, Inc. and Groupe DANONE announced the signing of a joint venture agreement to establish a weight management business in China. The joint venture, 51% owned by...
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The Coca-Cola Company has 40% interest in Honest Tea
Date: 2008-02-07 00:00:00
Companies completed an agreement resulting in Coca-Cola holding approximately 40% interest in the fast-growing maker of certified organic beverages, including the best-selling Honest Tea®. Honest Tea was started in 1998...
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Investor of the year in Samokov – Billa Bulgaria
Date: 2008-02-06 00:00:00
The Austrian hypermarket chain opened its 26th store in Samokov last year in November, in the city with 30,000 inhabitants, the investment enriched the 5,3 million euros. Billa Bulgaria opening...
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Surpassing sales in Latin-America and Europe
Date: 2008-02-06 00:00:00
Whirlpool Corp. said its fourth-quarter profit climbed to USD 187 millions, helped by its Maytag acquisition and an improved product mix and the weak dollar. Quarterly revenue grew seven...
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International Boost Sweetens Wrigley Sales
Date: 2008-02-06 00:00:00
The Chicago-based company's fourth-quarter profit totaled $155 million, or 56 cents a share, for a dime-a-share leap vs. last year.Revenue got pushed 16.4% higher to a better-than-expected $1.42 billion, primarily...
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Two digits growth at Coca-Cola Beverages Hungary
Date: 2008-02-05 00:00:00
The company increased its market shares and get now 20 pct, one third of the sales came from the new products. The growth is thank to the fact too,...
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Imperial Tobacco's Altadis takeover offer
Date: 2008-02-05 00:00:00
UK's Imperial Tobacco Group pays 50 eur per Altadis share, valuing the manufacturer of Gauloise and Fortuna cigarettes at 12.8 bln eur. The board of the Franco-Spanish company Altadis...
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Mihaly Hardy leaved Tesco
Date: 2008-02-05 00:00:00
The specialist was the retail chain's communications director since 2006, former he worked 20 years as television reporter, editor and news director. There is no news about his successor at...
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Unilever Acquires Leading Russian Ice Cream Company Inmarko
Date: 2008-02-05 00:00:00
The acquisition will further strengthen Unilever's position as the world's number one ice cream business. It will also strengthen Unilever's portfolio and competitive position in Russia, one of its priority...
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Burger King Keeps Rising
Date: 2008-02-04 00:00:00
Worldwide same-store sales, or sales at locations open at least a year, rose 4.5 percent.Americas second burger chain said its second-quarter – ended on 31 of December 2007 – profit...
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Aldi to open in February
Date: 2008-02-04 00:00:00
According to market informations giant adcampaign starts in February, but the news is not fixed by the company, it never promotes the store openings. It is unkonwn how many stores...
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dm to start in Bulgaria 2009
Date: 2008-02-04 00:00:00
The local dm stores will have an area of 400-450 sq m and could be housed in large-scale shopping centers. dm Drogerie Markt, the Austrian retailer of household medicinal supplies,...
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Mondi to develope in Poland
Date: 2008-02-04 00:00:00
International paper and packaging manufacturer, Mondi investes €305-million Swiecie. The company comannounced in a statement that its new lightweight recycled container-board machine would be situated at its Swiecie mill, in...
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Sodexho Alliance renamed Sodexo
Date: 2008-02-04 00:00:00
The evolution of the brand shows the grow and progress to become the premier global outsourcing expert. France based contract caterer and facilities company Sodexho Alliance has been renamed...
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Tesco opened a new front in the ongoing supermarket price war
Date: 2008-02-04 00:00:00
In a sign that the discounters' growing popularity is starting to concern Tesco, the retail giant will start to match Aldi and Lidl's prices on over 2,000 product lines. Aldi...
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Award for EUROPARK
Date: 2008-02-01 08:00:00
EUROPARK Salzburg operated by SPAR European Shopping Centers received two ISCS-awards at the end of 2007. One was given for architectural solutions and design, while the other was in recognition...
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CBA unity – beyond borders as well
Date: 2008-02-01 08:00:00
It was more than 15 years ago that ten private retailers joined forces in order to be able to buy 17 stores which had originally belonged to the state owned....
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There will be sugar
Date: 2008-02-01 08:00:00
I have good news for the readers of TM. There will continue to be enough sugar on the shelves in the future. However, it is bad news for me, that...
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Bomba at Sió-Eckes
Date: 2008-02-01 08:00:00
Sió-Eckes Kft and Büki Üdítő Kft, the manufacturer of Bomba! energy drink have entered into strategic co-operation. In January 2008, Sió-Eckes Kft. is to become the exclusive domestic distributor of...
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Coop united and strong
Date: 2008-02-01 08:00:00
Last year, the Coop group succeeded in executing the major points of its medium term strategy accepted in 2006. The IT system was modernised, many new franchise partners joined the...
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Opening with a wheelbarrow
Date: 2008-02-01 08:00:00
The second BAUHAUS store with an assortment of 120,000 items was opened in Szigetszentmiklós on 27 December. Customers who had arrived with a wheelbarrow received a coupon for the prize...
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Zwack awards for suppliers
Date: 2008-02-01 08:00:00
Zwack Kecskeméti Pálinka Manufaktúra held a partner meeting for over 30 fruit producers on 14. December. Guests took a one and a half hour palinka tour....
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Match with a distinctive strategy
Date: 2008-02-01 08:00:00
In recent years, Match did not show rapid expansion. In fact, the number of their stores dropped. However, as results began to improve, the owners approved of opening new stores...
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Guilds for a
common objective
Date: 2008-02-01 08:00:00
An agreement on co-operation has been signed by the representatives of Pannon Bormíves Céh Egyesület and Pálinka Céh Egyesület at the St. Martin’s day celebrations held in Pannonhalma. Both NGO-s...
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If Milli, then it’s Debrecen
Date: 2008-02-01 08:00:00
The new curd production plant of Friesland Hungária zRt. was opened on 22 November. The EUR 2 billion investment is part of their regional strategy to consolidate their activities in...
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Wider assortment for dm
Date: 2008-02-01 08:00:00
OTC pharmaceuticals, homeopathic products and Alnatura bio-products are all recent additions to the dm assortment. The fiscal year ended on 30. September for dm Magyarország Kft. and results were excellent....
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24 million for
12 foundations
Date: 2008-02-01 08:00:00
A total of HUF 24 million has been donated by Reál Hungária Élelmiszer Zrt. in 2007 for 12 children’s foundations. Regional member companies have been free to decide which foundations...
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New HR director for SIÓ-ECKES
Date: 2008-02-01 08:00:00
Marianna Bartos was appointed the new HR director of SIÓ-ECKES Kft. on 1. January. Previously, she had worked for Johnson&Johnson Kft. and has 15 years experience in the FMCG sector....
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Interfruct United
Date: 2008-02-01 08:00:00
Interfruct stores use standardised assortment, prices and promotions and also operate as independent logistic centres. The chain is going to contuniue expanding its RIA network. According to István Bránát, managing...
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