Company and Personal News
9 hotels are entitled Hungarian Tourism Quality Award
Date: 2009-02-05 04:02:00
Since 2006 from the 85 applicants 68 suppliers (56 hotels and 12 restaurants) received the award for outstanding quality and the title has been withdrawn in 3 cases. 4 hotels...
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TESCO to open 137 stores in Central Europe
Date: 2009-02-05 02:37:00
UK retailer Tesco plans to open over 130 new stores this year in Central Europe, in Hungary, in Poland, in Slovakia, in Czech Republic and also in Turkey. Czech newspaper...
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Plaza Centers buys controlling stake in Sofia project
Date: 2009-02-05 02:30:00
The Dutch-registered property developer that focuses on Central and Eastern Europe, said that it acquired 51% stake in a 75 000 sq m project in Sofia. Plaza payed 2.78 million...
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Mercator to invest 3 million euró in Bulgaria
Date: 2009-02-05 02:14:00
The company’s first Bulgarian outlet will be located at the Galeria shopping mall in Stara Zagora in the south of the country. Mercator has announced plans to open its first...
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Burberry opens children fashion store in Istanbul
Date: 2009-02-05 01:57:00
The British fashion concern closes plant in UK, but expands abroad. Company alert decreasing sales in the las quater and closed it second plant in the UK, but the expansion...
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Thanks for SIÓ! – starts in February
Date: 2009-02-04 10:13:03
Since this month there are on the shops' shelves the 1.5 l SIÓ products joined to the charity program. Consumers who buy them can help pupils to get new school...
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New manager at Szentkirályi Ásványvíz Kft.
Date: 2009-02-04 09:51:06
From 7th January the company has a new operative director called István Matus, who takes the domestic works from Balogh Levente, onwer and CEO of the company. Mr. Matus is...
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METRO has no plans to sell Galeria Kaufhof
Date: 2009-02-04 09:11:33
According German press informations the company is currently working on floating Media Markt/Saturn and considering divesting its Real hypermarket chain. The sale of Adler is close. Metro CEO Eckhard Cordes...
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Insurance from Lidl Italy
Date: 2009-02-04 08:37:35
The Italian branch of Lidl has proved to be creative in offering online services. Before, Lidl Italia launched electricity service under lidl-energia.it and holiday trips on lidl-viaggi.it. Schwarz-owned discount retailer...
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Szentkirályi to expand abroad
Date: 2009-02-03 09:22:00
Now we are only exporting outside Hungary, but in the near future we want to be an international brand – said Levente Balogh CEO to business daily Napi Gazdaság. Because...
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Environmental protecting by Wal-Mart
Date: 2009-02-03 09:15:08
The American retail giant said that it will test two new types of hybrid trucks and two types of trucks powered by alternative fuels to make its trucking fleet more...
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Burger King to open new stores in Romania
Date: 2009-02-03 09:03:37
Burger King franchiser Atlantic Restaurant Systems is accelerating its development plans, announcing eight fast food restaurants by March. Almost a year ago Atlantic Restaurant System planned to open five stores...
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Coke Drops ‘Classic’ Tag From Branding
Date: 2009-02-03 08:51:17
The change was part of “a broader plan and strategy to revitalize the brand. Coca-Cola Co has announced that it will no longer carry the word ‘Classic’ on packages of...
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Procter & Gamble to invest 50 million dollars in Romania
Date: 2009-02-03 08:32:44
The international company to built a factory processing shampoo and other hair car products in Urlati. The P&G factory, the construction of which started yesterday, will employ 150 people at...
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Woolworths to reopen online
Date: 2009-02-03 03:32:24
A month after the shutters came down on the last Woolworths store, Shop Direct have paid between £5 million and £10 million for the Woolworths brand name. Shop Direct refused...
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Henkel sell its plant in Barcs
Date: 2009-02-02 09:15:00
According to local daily Somogyi Hírlap Henkel has decided to shut down its plant in the Hungarian city of Barcs because of falling demand on export markets. Company wants to...
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This year no Starbucks in Budapest
Date: 2009-02-02 08:18:00
According to business daily Világgazdaság, the company postpone the opening of the Budapest cafe indefinitely. Starbucks would operate the store in franchise by American Restaurant Holding, but the profiatbility of...
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Switch off! campaign – also at Borsodi Brewery
Date: 2009-02-02 08:09:00
The company joined to common program of the EU and the Foreign Office. The aim of the action is to turn inhabitans attention on the energy saving. In frame of...
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TESCO to sell clothes online
Date: 2009-02-02 08:02:00
Tesco is to launch an online fashion store, committed to selling its own labels. Tesco had a sucessful trial last year, which demonstrated that there was demand for the online...
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SABMiller Gains Control Of Romanian Brewer
Date: 2009-02-02 06:52:00
Brewing giant SABMiller has acquired a 71% stake in local brewer Bere Azuga, producer of Azuga and Valea Prahovei beers. The deal was conducted through SABMiller’s local unit Ursus Breweries....
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Corporate travelers spend less money for hotels and stay for shorter time
Date: 2009-02-02 02:44:36
Average length of stay declined notably from 1.9 to 1.5 nights per stay in 2008, reflecting a trend for shorter business trips as companies adopt more stringent travel policies. Despite...
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Subway To expand in Britain
Date: 2009-02-02 02:41:00
Sandwich chain plans to open up to 600 new stores in the UK and the Irish Republic within the next two years. Subway, which has more than 1,400 outlets owned...
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HUF 15 million fine for Tesco
Date: 2009-01-30 05:23:10
The National Communications Authority, Hungary (NCAH) imposed a penalty for Tesco, because it sold, against the prohibition, such radio equipments, wich were not comply with requirements. NCAH controlled the Technika...
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Pannonhalmi Wine Region makes marketing campaign
Date: 2009-01-30 05:07:20
The wine-growing community won money from the Hungarian Agrarmarketing Centre for building a new image and making a website for the wine region. The new logo of the wine region...
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X5 Retail group merge Kopeika?
Date: 2009-01-30 04:44:33
After a dynamic developing in the country X5 would buy its biggest competitor. According to reports in the Russian media, X5 Retail Group has been negotiating with Kopeika about a...
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Starbucks to close another 300 stores
Date: 2009-01-30 04:15:33
Starbucks, will cut 6,700 jobs and close 300 more stores after reporting first-quarter profit that fell more than analysts estimated. Last quater company had only USD 64.3 million nettó sales,...
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Standard Vodka exists Russia
Date: 2009-01-30 03:59:52
The company will introduce the Russian Standard brand in countries such as Canada, and expects this to help boost sales by 30-50% this year. It plans to invest $100m this...
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Deko-Food closes its bean processor unit
Date: 2009-01-29 05:00:00
The company fires 40 people, first of all semi-skilled laborer, but also some administrative employees lost their jobs. The bean processing unit worked since 3 years with loss, and last...
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Restaurants can join to “Gluttonous Thursday” action till 24th February
Date: 2009-01-29 04:00:00
Up to the present more than 1,000 restaurant link on to the action, announced by the Hungarian turism organisation. Restaurants can register till 12.00 am 24th February on the www.menjunkenni.hu...
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Sponsor of the Year award to Le Meridien Budapest
Date: 2009-01-29 03:00:00
The Starwood Hotels chain and the Le Meridien Budapest have been very active in organizing charity events. Robert Burns International Foundation voted the Sponsor of the Year trophy to Starwood...
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