Company and Personal News
PepsiAmericas has set up a joint venture in Bulgaria
Date: 2007-09-05 00:00:00
The american beverage company, which initially owns 20% of the joint venture, said that the new arrangements with Agrima will result in PepsiAmericas owning 100% of the joint venture as...
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Turo Rudi production in China
Date: 2007-09-05 00:00:00
EU-Milk Technologies Kft. made a joint venture with a chinese agriculture company to process milk products as the famous hungarian Turo Rudi (curded cold sweets), yoghurt and kefir. The company,...
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Nestlé has lined up the acquisition of a mineral water company
Date: 2007-09-05 00:00:00
Upon completion of the deal, Nestlé_Waters will control slightly less than 25% of the Swiss bottled water market. The food and drinks giant confirmed today that it has agreed with...
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Unilever to cut 10-12,000 jobs in Europe
Date: 2007-09-05 00:00:00
Unilever's announcement in August that it would cut up to 11 pct of its workforce over the next four years as part of the 'One Unilever' programme. Anglo-Dutch consumer...
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Dunkin' Donuts develops new zero trans oil
Date: 2007-09-03 00:00:00
US-based Dunkin' Brands has developed a new oil in order to create trans-free fat bakery products without sacrificing quality, flavour and taste, the company said this week. The Dunkin'...
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“Challenging” UK, US but InBev still up in Q2
Date: 2007-08-31 00:00:00
The Belgium-based brewer has reported a strong showing in its second quarter, despite “challenging conditions” in both the UK and US. Sales in the period rose by 7.6% in...
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Coca-Cola to close concentrates plant near to Dublin
Date: 2007-08-31 00:00:00
The beverage giant would shut down one of its three ingredients plants in Ireland. The company will shift the production of concentrates from the 30-year-old plant in Drogheda, north of...
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Royal Unibrew buys Latvian brewery Livu Alus
Date: 2007-08-30 00:00:00
The Danish brewer Royal Unibrew AS bought Latvia's third-largest brewery Livu Alus for 130 mln dkr. The acquisition, which is subject to approval by relevant authorities, is expected to be...
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Bioethanol at Tesco from Monday
Date: 2007-08-30 00:00:00
The Tesco Megapark in Pesterzsebet will be the first Hungrian and east-european gas station of Tesco where the green friendly drives can buy bioethanol. Europe second biggest hypermarket chain is...
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Cadbury to buy Intergum
Date: 2007-08-30 00:00:00
Cadbury's planned acquisition of the Turkey-based chewing gum manufacturer Intergum has been approved by the competition regulator. Cadbury announced the proposed 333m acquisition in June this year, claiming the move...
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Run on furniture – especially at IKEA
Date: 2007-08-30 00:00:00
The Hungarian IKEA has reported HUF 38.6 billion revenues for its financial year ending 31 August, which is a 16% increase from FY2006. IKEA Lakberendezési Kft. had 4.7 million customers...
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Heineken fixed its 20-25% profit growth forecast
Date: 2007-08-30 00:00:00
The Holland-based brewer said that net profit for the six months to the end of June fell markedly, by 30.4% year-on-year, to EUR302m, although net profit took a hammering from...
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Help worth 5 million from Tesco
Date: 2007-08-29 08:00:00
Over HUF 5 million has been collected by customers and employees of Tesco between 1. July 2006 and 30. June 2007 for Kézenfogva Alapítvány to help retarded children. The biggest...
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Second Bauhaus under construction in Szigetszentmiklós
Date: 2007-08-29 08:00:00
Construction of a new, 20,000 square meter Bauhaus store has begun near Szigetszentmiklós. Europe’s leading “do it yourself “chain is building two stores in Hungary with an investment of HUF...
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Sugar free Coke turning 25
Date: 2007-08-29 08:00:00
Coca-Cola light was the first sugar free soft drink to appear in 1982. Today, 119 million glasses are consumed daily in 173 countries. Coca Cola light is the market leader...
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New leader for Metro
Date: 2007-08-29 08:00:00
José Maria Cervera (42) will become the new CEO of Metro Cash & Carry Hungary on 1. August. The new CEO had worked in various positions for the Spanish Makro...
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On the wings of melodies
Date: 2007-08-29 08:00:00
According to Mood Media Group, a leading provider of background music, the positive effects of melodies are beginning to be used in Hungary as well to enhance customer satisfaction. MMG...
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Healthier baby food
Date: 2007-08-29 08:00:00
Following a long process of development which had cost HUF 30 million, the baby food product line of Univer Product Zrt. has become the first in the Hungarian market to...
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Variations for Bomba! back lit signs
Date: 2007-08-29 08:00:00
Six companies have entered the competition organised by the magazine Sign and Büki Üdítő Kft. for designing special back lit signs for the Bomba! image....
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Gramex expanding
Date: 2007-08-29 08:00:00
Gramex 2000 Kft, one of the biggest domestic manufacturers of private label soft drinks is practically doubling the size of its Veresegyháza facility. Both a new warehouse and a new...
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Without milk
Date: 2007-08-29 08:00:00
Montice yoghurt drink is a premium quality product of Mona Hungary, available in strawberry and multi frutti flavours. Sales of fresh products among milk substitutes are growing rapidly as well....
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Twice as much Pöttyös for Children’s day
Date: 2007-08-29 08:00:00
This year over 40 thousand units of Pöttyös Túró Rudi have been delivered to hospitals all over the country as gifts for Pöttyös Children’s Day. This is double the quantity...
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C&C premier – millions and billions
Date: 2007-08-29 08:00:00
Metro established its first Chinese subsidiary with the JinJiang group, under the name Metro JinJiang Cash & Carry Ltd in Shanghai twelve years ago. Metro has 3 million registered customers,...
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Borsodi sailing
Date: 2007-08-29 08:00:00
Borsodi Sörgyár Zrt. has an unusual promotion for the summer. A sailing boat named Borsodi to be used by winners of the Borsodi prize game was launched on 28. June....
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Wellness with Gyulai
Date: 2007-08-29 08:00:00
Gyulai Húskombinát Zrt. begins a three month campaign on 1. July under the title “Favourite of generations”. The main prize to be won is a wellness weekend in Gyula....
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Borsodi Sör
Date: 2007-08-29 08:00:00
Borsodi and friends can rescue us from difficult and embarrassing situations in life. Agency: McCann Erickson Customer: Borsodi Sörgyár Zrt. Product: Borsodi Sör Apperance: RTL Klub, Film+, Sport1, Sport2, Cool...
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