Company and Personal News

Burgenland earmarks 2.5 million euros for tourism programs

The provincial government of Burgenland (Őrvidék) neighboring with Hungary has approved a plan for for six tourism program. From the amount, market work will be strengthened and infrastructure investment funds...

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Tihany legend – 820 million HUF development can be realized

The local government has been cherished “Tihany Legend” tourism development project for years now. The project become a reality with a 600 million HUF EU support. The project aims to...

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Hotel development slows down in the region

Two new hotels will open its gates in Budapest; the Expo Congress Hotel in Kőbánya and the Eurostars Hotel located at the First Site complex. However, not much can be...

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Another fusion in the Coop Group

The Economic Competition Authority (GVH) accepted that the food-group Nyírzem Ltd., – which is part of the Coop group will obtain 60 percent share in the Mezőkövesd Zrt. According to...

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Henkel stepped onto a better position on the list of the world's largest companies

Henkel improved 20 places to the 448th place on the 500 list of american Fortune magazine in the rankings of the companies with the largest turnover, furthermore the first time...

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Lots of students at McDonald's

This year summer work for students is ten times oversubscribed at McDonald's. The jobs have run out in a few days. Until mid-summer 3500 person tried to get a seasonally...

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Carrefour to open 100 convenience stores in Malaysia

Carrefour has announced its intentions to open 100 convenience stores in Malaysia, focusing particularly on the company’s private-label brands, according to Malaysia Food and Drink Report. This is a significant...

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Nescafé celebrates its birthday

Exactly forty years ago, it was in the hand of Armstrong during the conquest of the Moon. For the 70th birthday of Nescafé a virtual gallery to open from the...

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Travelers to the United States purchases nearly third of their money

According to Karen MacDonald, Communications Director of Taubman Centers shopping mall operator group, most of the foreigners visit to the United States for shopping and to try good restaurants. America...

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The Shoppa.hu virtual store has been opened

New online trading portal has been open for small wholesalers and service providers. Those who interested can find themselves in a virtual store, where they have right to lease products...

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The way to taste beer – according to Dreher

With some practice one can not only be able to distinguish the main beer types, but also be able to choose ones favourite from the other beers, even blindfolded. Before...

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Mirelite liquidate itself

The Mirelite Csepel Hűtőipari Ltd. is no longer to finance its operation costs due to the declining demand and tightening bank credit. The pioneering company in the production of domestic...

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Quitt Tours quits

Quitt Tours travel agency reported insolvency. The insurance of the company is assumed to ensure the bringing home of fifteen passengers from abroad, but unable to compensate all the claims....

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We should wait for Szobi syrups

Despite the new owner bought the Szobi syrup manufactory from the liquidator for 450 million HUF the production has not started yet because of the lack of agreement with the...

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Food Lion builds green grocery store

Delhaize’s Food Lion is building its first green grocery store. The store, located in South Carolina, will feature a number of environmentally friendly construction and energy-efficient services, including an on-site...

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New managers at SCA

Dr. Ránky László, managing director of SCA Hygiene Products Ltd., and also director of the Consumer Division has retired on 30th June 2009 after more than 10 successful years at...

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Algida's factory in Veszprém

Unilever Hungary Ltd. has just opened its factory-building to visitors in which brands like Magnum, Cornetto and other Algida-delicates are going to be produced. The new building is 8700 square...

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Ikea needs to cut more jobs than expected

Swedish flat-pack giant Ikea must cut more jobs than previously announced as the financial crisis continues to weigh on demand for its furniture, founder Ingvar Kamprad announced.  Kamprad did not...

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Three kinds of VAT rates in hotels

From now hotels can apply three kind of VAT rates, during the designation of the new reduced VAT rate. For spa massage zero, for the accommodation 18 percent, for purchasing...

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Tesco expands further – in Asia and in Europe as well

Despite the global economic slowdown Tesco continues to invest in Asia – said Andrew Higgins, the Director of Retail Services. European Expansion continues as well. According to Andrew Higgins, Tesco...

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New CEO leading the coffee and tea division of Sara Lee Hungary Ltd.

The coffee and tea division of Sara Lee has a new CEO starting from 1st August 2009. Carolina Schulten follows Tibor Seres Dr, who plans to continue his carreer elsewhere....

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Wal-Mart about to develope an index to check product sustainability

The world's biggest retailer Wal-Mart Stores Inc, announced the development of an index that will be used to measure the social and environmental impact of the products it sells in...

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Two hotels of Budapest are on the top list

Two hotels in Budapest are on Travel + Leisure magazine's European hotel top list of this year. The Marriott Hotel became 3rd in the category of urban hotels over hundred...

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Volt Fest and Balaton Sound – at least 270 million revenue

According to preliminary calculations the Balaton Sound Festival held in Zamárdi closed with a 50 percent growth since last year excessing a 200 million HUF . A week earlier Sopron's...

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New SPAR supermarket opened in Hajdúszoboszló

SPAR Hungary Ltd. opened a new supermarket in Hajdúszoboszló on 15th july 2009. The new store is the city's second SPAR unit and also the group's 396th business. More stores...

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New packaging for Cappy Ice Fruit

The typical taste of Cappy Ice Fruit will be coupled with an absolutely new modern design in the cases of the 0.5-liter and 1.5-liter packs. Thanks to the exciting design...

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Value Creation Award focuses on nutrition, rural development, drinking water

The Common Value Creation Award of Nestlé provides a support in a value of 500,000 Swiss francs to the successful applicant, who offers a concrete solution to the access of...

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POS Media became Business Superbrands

In July, POS Media Hungary has been awarded the Business Superbrands 2009 status and entered into the best brands of business sector (B2B). In 2009 now for the fifth time...

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Stella Artois became Superbrand for the fifth time

Stella Artois – as each year – has won the Superbrand Award, now for the fifth consecutive time. The Superbrand is the world's leading brand building system, which rewards the...

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More than 100 artists applied for the Henkel Art. Award. 2009 Prize

Henkel Central Eastern Europe (Henkel CEE) announced the eighth time this year, the Henkel Art.Award. international application, which is the only comprehensive arts prize support in 31 countries of Central...

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