Company and Personal News
Leading Brands launches new energy drink
Date: 2007-06-22 00:00:00
Leading Brands North America plans to launch its new energy_drink by using the video games industry. The company said that its new energy drink, entitled Stoked, will be launched...
Read more
Globe Trade Center to build €77 mln mall in Bulgaria
Date: 2007-06-22 00:00:00
The mall in the Black Sea port of Varna will have a net rentable area of 37,000 square meters and will be finished by end-2009. The Galeria Varna mall would...
Read more
First Tesco retail test lab in India
Date: 2007-06-22 00:00:00
The 7000 square feet lab is equipped with five store formats, has 27 tills deployed along with a host of peripherals. Tesco Hindustan Service Centre (HSC), a global services arm...
Read more
Vivatis comes to Eastern Europe
Date: 2007-06-21 00:00:00
The chief countries targeted by the Austrian company are Romania, Bulgaria, Poland, Hungary, Slovakia and Croatia. Vivatis, one of the leading players on the Austrian charcuterie market, has two...
Read more
Decreasing growth tempo at Tesco
Date: 2007-06-21 00:00:00
The group today announced a shock downturn in UK sales growth as slowing non-food revenues held back continuing strong demand for food. That sent Tesco shares tumbling by 3%. The...
Read more
Harvey Miller lines up nut liqueur for market
Date: 2007-06-21 00:00:00
The company confirmed that Pisa, a nut liqueur imported from Italy, will be available in the UK, Ireland. The packaging takes inspiration from the region's Leaning Tower, by "adding a...
Read more
Cadbury sells 7Up
Date: 2007-06-20 00:00:00
Cadbury Schweppes said it would probably sell its Dr Pepper and 7Up soda brands in order to expand the company. The company would force the layoff of up to 7,500...
Read more
Five million HUF penalty for Lidl
Date: 2007-06-20 00:00:00
The food retail chain's action on his 2. Birthday, could deceive customer said GVH, Hungarian Competition Authority. The Hungarian Competition Authority didn't think that it was only a short action,...
Read more
Leaf International moves into Eastern Europe
Date: 2007-06-20 00:00:00
The Dutch confectionery producer Leaf International recently announced that production has started at its newly-built plant in Levice, Slovakia. The factory, which cost around €30m, will supply sweets to the...
Read more
Old brand talks to young people
Date: 2007-06-19 00:00:00
The WU2 haircare products get a new website for a younger targetgroup, made by Carnation. This year WU2 opens to a younger target group and decided to make an online...
Read more
Payed for Parmalet
Date: 2007-06-19 00:00:00
Parmalat settles for EURO 72M from Merrill Lynch, ING Bank, Banca Monte Parma. After the bankroupt in 2003 the company is renewed and its paper can buy and sell on...
Read more
Kellogg checks up its marketing practices to kids
Date: 2007-06-19 00:00:00
The Kellogg Company announced it will adopt nutrition standards for the products it markets to children, pledging to reformulate those products that fall short of the criteria.The company said it...
Read more
Successful year at Storck Hungary
Date: 2007-06-18 00:00:00
Altough there are several negative tendencies in the hungarian food industry Storck had a spectacular growth. The sales increased with 22%. On hungarian market the company has a revenue of...
Read more
Tesco opened in Sümeg
Date: 2007-06-18 00:00:00
On 15 of June a new store opened in Sümeg, near to 84 roadway. There are 25 employes in the 1,000 sm store. The customer can shop 3-4,000 kind of...
Read more
From July medicines from Agip Gas Stations
Date: 2007-06-18 00:00:00
Now the call centers are built, when finishing the company submits for permissions. According to Agip Gas Company they will start to selling medicines at beginning July on several gas...
Read more
Renewed Metro Store in Pécs
Date: 2007-06-18 00:00:00
After a short time renovation there was a reopening ceremony in Pécs, with a successful charity wine caution, the revenue was donated for cancer ill children. On 14 of June...
Read more
Kaiser Food reckon with a good business year
Date: 2007-06-18 00:00:00
The company plans 10% revenue growth this year. Facing last year's HUF 4.8 billion incomes, Kaiser Food wait for HUF 5.2 billion. As result of last years plant modernizations, what...
Read more
Heineken has acquired a brewery in the Czech Republic
Date: 2007-06-18 00:00:00
The global brewer said that it has bought Krusovice Brewery from Germany's Radeberger Gruppe for an undisclosed fee. The transaction is expected to complete in September, subject to clearance from...
Read more
STI on Growing Path: Takeover of Petöfi, Hungary
Date: 2007-06-15 00:00:00
After a strong increase in turnover in 2006 of more than 10%, STI Group Lauterbach, Europe´s number 1 producer of displays and a major player in the packaging sector, announces...
Read more
Miller targets “Latinisation” with new beer
Date: 2007-06-14 00:00:00
Miller Brewing is rolling out a new beer across the US in an attempt to capitalise on the “Latinisation” of the country's culture. Following test marketing in five markets over...
Read more
Auchan Hungary targets 7% sales rise, network expansion for this year
Date: 2007-06-14 00:00:00
The Hungarian subsidiary of French retail chain Auchan will keep expanding its network and operate a chain of 17-20 units within five to six years. Last years revenue was HUF...
Read more
Payment of the dividends in August by Hungary Zwack AGM
Date: 2007-06-14 00:00:00
Hungarian distiller Zwack has announced that to pay HUF 2 bn as dividend from the 2006 after-tax profit. The remaining HUF 626.794 m into profit reserves. The HUF1,000 payment of...
Read more
Anheuser-Busch can use the brand name Budweiser
Date: 2007-06-14 00:00:00
US brewer Anheuser-Busch has won the latest round in the legal fight over the Budweiser trademarks. The dispute between them goes back for decades and there have been many court...
Read more
Cobra beer focus on new markets
Date: 2007-06-14 00:00:00
Cobra is eyeing annual sales growth of 50% over the next three years and has earmarked India as key to meeting that target. UK based Cobra Beer, founded by an...
Read more
Summer attack in Tesco
Date: 2007-06-13 00:00:00
In only one weekend run out some many bikinis in the Tescos, as normally in a whole week. 200% increase in the sale's tatistics. There were more than 900,000 customer...
Read more
SPAR Sponsorship for european athletic
Date: 2007-06-13 00:00:00
European Athletics and SPAR International are pleased to announce that the world's largest voluntary food retail chain has extended its commitment to athletics for a further four year period, until...
Read more
New line in Szentkirályi plant
Date: 2007-06-13 00:00:00
The capacity will be double, from 220m liter to 450 million liter per year. Ending of the development, starting last year, the Szentkirályi's new manufactory hall and Hungary's most modern...
Read more
Chio-Wolf protest against fat labelling
Date: 2007-06-13 00:00:00
According to the company the labelling would make the customer cranky, and at the end the consumption would decrease dramatically. The snack manufacturer Chio-Wolf Kft. thinks, that the proposal of...
Read more
Fast expanding russian snack market
Date: 2007-06-13 00:00:00
PepsiCo will build a second snack manufacturing plant in Russia to meet the growing demand in the country. The new plant will be based at Azov in the Rostov...
Read more
Cadbury gets sweet on Romania
Date: 2007-06-13 00:00:00
Cadbury Schweppes has bought a 93 per cent stake in Romanian sweets maker Kandia-Excelent, from Kandia, a private equity investment holding company managed by Meinl Bank. Kandia-Excelent is the second...
Read more