Company and Personal News
$3 .1 million compensation because of poisened pet food
Date: 2008-01-07 00:00:00
The company that made contaminated pet food that killed dozens of dogs nationwide in 2005 will pay $3.1 million in a settlement with pet owners. The pet food, which contained...
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LLP Group goes West
Date: 2008-01-04 00:00:00
Consulting and IT services firm LLP Group opened offices in Belgium and in Luxembourg. This follows fifteen years of steady growth that started in Prague in 1992 and resulted in...
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(HU) Január 21-ig még lehet csatlakozni a Torkos csütörtökhöz
Date: 2008-01-04 00:00:00
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Sales Up 14% In Year-Ending Week in the US
Date: 2008-01-04 00:00:00
Retail sales jumped 14% in the last full week of December, helped by post-holiday discounts and the redemption of gift cards. The report by ShopperTrak RCT added that retail traffic...
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P&G to move tampon manufacturing from Hungary to the US
Date: 2008-01-04 00:00:00
Procter & Gamble has announced plans to relocate manufacturing work from a Budapest suburb to the United States. Procter & Gamble is moving production from a plant manufacturing tampons and...
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Good year of Törley
Date: 2008-01-03 00:00:00
The sales in 2007 increased with 9%, and token the value of HUF 16 billions. Törley champagne are popular all over the world, the product is market maker in Hungary...
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Auchan to acquire 14 hypermarkets in Russia
Date: 2008-01-02 00:00:00
French retailer Auchan, currently has 15 hypermarkets in Russia, agreed to buy 14 hypermarkets from Turkish group Enka. Financial terms of the deal are unknowed. The Russian retail market has...
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Tesco health checks in UK
Date: 2008-01-02 00:00:00
The supermarket chain introduced a new medical service at price of £10, what will rising to £20 at the end of January. A pharmacist will measure weight, blood pressure and...
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Eismann the new owner of Family Frost
Date: 2008-01-02 00:00:00
Included in the deal is a Nestlé factory in Törökbálint, where Family Frost products already account for 75% of total output. Nestlé has signed an agreement to sell its Family...
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Waitrose focus on overseas
Date: 2008-01-02 00:00:00
The company licens the Waitrose brand to Dubai-based retailer Spinneys, and is in contact with potential partners in South Africa, and in the USA. Spinneys has been selling a wide...
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ASDA's Healthy Steps at the Own Brand Food
Date: 2008-01-02 00:00:00
From January over 9,000 food and drink items are free from artificial colourings and flavours, hydrogenated vegetable oil and Aspartame. From now on where flavours or colours are used in...
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New TEAOR Numbers – more detailed
Date: 2008-01-02 00:00:00
The companies have to use the new kind of numbers from 1. January. The business which can't change the TEAOR numbers automatically, must be notified until 30 June 2008 at...
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Danone and Wahaha Agree to End Lawsuits
Date: 2007-12-28 00:00:00
Both company want to return to peace talks,” the companies said in a joint statement. French dairy products producer Groupe Danone SA and China's Hangzhou Wahaha Group Co. said...
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Heineken Acquires Syabar Brewing Company
Date: 2007-12-28 00:00:00
The portfolio consists of the national mainstream beer brand Bobrov, which holds the number two position in the market and the recently introduced premium brand Syabar. Heineken will acquire...
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CBA Online Service from the Center
Date: 2007-12-28 00:00:00
Next year the logistic works from the central premise. The online activity finish with CBA Internet Aruhaz Kft, in the future the owner CBA Kereskedelmi Kft. will carry on the...
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Alcoa sells packaging/consumer unit
Date: 2007-12-27 00:00:00
Alcoa has agreed to sell its packaging and consumer businesses to New Zealand's Rank Group Limited for $2.7 billion. Alcoa's packaging / consumer unit generated about $3.2 billion in revenue...
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Aldi, Lidl outstrips
Date: 2007-12-27 00:00:00
The discounter Lidl has a study that Aldi first competitor in the number of transactions in Europe obsolete. In terms of product prices had both merchants also diverge. In the...
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BAUHAUS Opened its Second Hungarian Store
Date: 2007-12-27 00:00:00
The biggest, 20,000 sqm Hungarian „do-it- yourself” store offers 120,000 products. The new store opened on 27. December in Szigetszentmiklos, near to Budapest, it made 111 new workplaces. With its customer-centric...
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2008 – Slowly Quicken in Hungarian Economy
Date: 2007-12-27 00:00:00
Next year Hungary's internal and external balances to improve, while real wages may begin to increase. A report jointly published by economic research institute GKI and Erste Bank is projecting...
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Fruit growers at Zwack Palinka Manufaktura in Kecskemet
Date: 2007-12-20 00:00:00
For invitation of Sandor Zwack more than 30 fruit grower arrived at Kecskemét. The guests could see the way of their fruits from coming into the plant trough the destillation...
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Minor burns because of Starbucks mugs
Date: 2007-12-20 00:00:00
Starbucks is voluntarily recalling an estimated 167,000 of its Fusion Coffee Mugs because they may pose a minor hazard to users. According to Starbucks and the Consumer Product Safety Commission,...
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MasterCard Faces Fines
Date: 2007-12-20 00:00:00
EU Commission accused MasterCard of applying illegal fees and threatened it with a massive fine. MasterCard uses a complex mechanism to determine a minimum price merchants must pay for...
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