Company and Personal News
Financial difficulties at Herz
Date: 2009-05-13 01:32:23
Due to financing difficulties the Budapest-based Herz Salami Ltd. had been unable to pay wages for its employees in April, as announced by the company's press release. The company has...
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Four days workweek at Kapuvári meat?
Date: 2009-05-13 01:04:06
The management of Kapuvári Meat Ltd. considering the introduction of four days workweek. Job cuts are not expected, but the wages of workers is reduced. According to Kisalföld, the four...
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Hunnia – the production does not start again
Date: 2009-05-13 01:01:18
Liquidation started against Keszthely Hunnia Meat (HH) Ltd. the end of April. According to the company's liquidator the Vectigalis Ltd. there is no sense in re-launching of production in this...
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Tesco relaunches Clubcard loyalty scheme
Date: 2009-05-13 00:49:06
Tesco has announced it will invest GBP 150 million (EUR 167 million) in the relaunch of its Clubcard loyalty scheme in the UK. It will be the biggest change to...
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Brand value research with Nielsen
Date: 2009-05-12 01:23:59
The Superbrands Hungary entrusted Nielsen Market Research Ltd. to the drafting of the brand value research of the brands involved in the Superbrands program. The survey compares the brands with...
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Price war broke out on fast-food market
Date: 2009-05-12 01:19:03
The fast-food networks, McDonald's, Burger King, KFC and Subway, are expecting guests with more and more promotional offers in Hungary. The competition started with the appearance of low-priced sandwich of...
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One and a half million HUF turnover on a single square meter
Date: 2009-05-12 01:15:25
Although Tesco has the largest revenues, the highest turnover per square meter was made by Auchan approaching one and a half million HUF. According to the statement of Napi Gazdaság...
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COOP remains main sponsor of the Hungarian Olympic Team
Date: 2009-05-12 01:08:37
The CO-OP Hungary Ltd. will assist the Hungarian Olympic Committee and the Hungarian Olympic movement again as a a gold grade facilitator in the next four years. The support document...
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Hospitality is in suspense at Lake Balaton
Date: 2009-05-12 00:49:46
Hosts of the Lake has never been so unpredictable, what will be in the year's main season. The uncertainty is increases by the exchange rate of forint, the spread of...
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Szent István Korona’s Irsai Olivér gained silver medal
Date: 2009-05-11 01:03:51
The Product of Szent István Korona Winery Ltd. performed well again on Concours Mondial de Bruxelles wine competition held in Spain between April 25-27. From a total of 54 countries...
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Herz Salami can get helping hand
Date: 2009-05-11 00:43:07
It is expected that within two weeks, the government will discuss the 30 billion HUF loan construction package to help the big food companies struggling with financing problems. Herz can...
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Travel patterns of the Hungarians
Date: 2009-05-11 00:05:00
Hungarian travelers do not like unexpected situations – draws attention the survey of Easyjet on the Hungarian travel patterns. The survey inspected how the Hungarians travel for a long weekend....
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A typical Hungarian rarely goes to restaurants
Date: 2009-05-08 02:15:25
Most Hungarian guests taking account into the physiognomy of the kitchen and the acceptable prices of the meals when choosing a restaurant. Hygiene and accessibility are also important aspects. The...
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What will happen with the hospitality industry?
Date: 2009-05-08 01:40:04
Tourism is one of the key sectors of the Hungarian economy. Nearly 300 thousand people works there and brings 8-10 percent of the GDP of the country. Catering is the...
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Henkel also feels the effects of economic downturn
Date: 2009-05-08 01:28:10
At the beginning of the new financial year, Henkel has also felt the long-term adverse effects of economic environment. Henkel’s business units had mixed results for the first quarter of...
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Formula One on flames
Date: 2009-05-08 01:06:21
The drivers of Team Williams will drink from Hell sponsored flasks from this weekend’s Spanish Grand-Prix. The Hungarian energy producer has signed a three-year sponsorship agreement with the multiple world...
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Tetra-Pak’s last year was succesful
Date: 2009-05-08 01:01:43
One of World leading cardboard manufacturer Tetra-Pak produced 141 billion boxes in 2008 for leading food and drink manufacturers, reaching a turnover of 8.8 billion Euros. The engine of growth...
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Lambi tissue paper has arrived to Hungary
Date: 2009-05-07 01:38:23
Leading Nordic paper product manufacturer company Metsä Tissue arrived to the Hungarian market with a premium product. The Lambi Limited Collection which was designed by the popular Swedish fashion designer...
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Univer supports schools
Date: 2009-05-07 01:34:01
Univer products Ltd’s program ‘Our school should be the winner!’ started 1st September 2008.The idea is that the consumers purchasing Univer products are supporting school improvements. The Kecskemét based, 100%...
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KORZÓ Shopping Center has a new operator
Date: 2009-05-07 01:25:02
SES Spar European Shopping Centers took over the Center management of Nyíregyháza’s largest shopping mall in April 2009. SES also operates Europark in Budapest. KORZÓ Shopping Center is the largest...
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CBA establishes ‘Prima’ branch
Date: 2009-05-07 01:05:05
The domestic-owned commercial network CBA gives a new single image to its best stores under the name: Prima. Sixty stores are planned to be opened until 2010. Within the 3300...
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Great results from Carlsbergtől
Date: 2009-05-07 00:52:40
Danish Carlsberg doubled its profits in the first quarter of the year. World’s fourth largest brewing industry group owes its success to the increase in sales in Eastern Europe. The...
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The Foltmentes (free of blemishes) donation campaign will continue
Date: 2009-05-07 00:27:30
After last year's big success Hungarian Maltese Service and the Vanish will continue its national clothes collecting action .This year's action will begin in June and ends in September. Eight...
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METRO’s profits halved
Date: 2009-05-06 00:23:28
One of the biggest German chain of stores’ profit halved during the first quarter of 2009. Revenue is expected to fall throughout the year, though the management is still optimistic....
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Free travel insurance in the EU
Date: 2009-05-06 00:06:59
The health care availability in another Member States for EU citizens is an important element of European unity. Health care entitlement in the whole union, and even beyond was established...
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Not taking any chances
Date: 2009-05-05 08:00:00
Following the drop in sales seen in 2008, manufacturers expect this year to be better. Changes in consumer habits are also detectable in the HoReCa sector. – Sales in developing...
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Royal vodka introducing their new lid and bottle design
Date: 2009-05-05 08:00:00
Starting from April this year, Royal Vodka is coming out with a new design. Besides the new lid, the bottle is going to get a new form too, commensurate with...
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Bigger than expected profit for Messer Hungarogáz
Date: 2009-05-05 08:00:00
Messer Hungarogáz Kft. produced a bigger than expected profit last year. Its revenues totalled HUF 12.9 billion, while its operating profit was up by 8.2 percent compared to 2007. Technological...
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New name for courier service
Date: 2009-05-05 08:00:00
Road Parcel, one of the leading courier services in Hungary is to change its portfolio, image and name. Its name is to change to trans-o-flex and will specialise in delivering...
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Surprises from 60 year old Tchibo
Date: 2009-05-05 08:00:00
Tchibo is celebrating its 60th birthday with several events and surprises in Hungary as well. They will have a nation-wide prize game, with a Volkswagen Golf 6 as the main...
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