Company and Personal News

TESCO and Unilever team up to create perfect convenience store

Tesco and consumer goods company Unilever have joined forces to create the perfect convenience store.  For over two years Unilever has been conducting research into how to put together the...

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Lidl sells cars online in Germany

The website will offer the Opel Corsa for just under EUR11,000 and the Volkswagen Cross Polo for EUR14,000.  Schwarz Group-owned discount retailer Lidl has begun selling cars at 25% off...

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Carrefour expands in Bulgaria

French retailer will open its first store in the Black Sea city of Burgas on 26 March.  The store will offer 50,000 SKUs and the strategy of the chain is...

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Asda may move into Ireland

Wal-Mart-owned British retailer is in advanced discussions with an Irish developer over plans to make its first foray into the Republic, the Sunday Business Post in Ireland reported.  It is...

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OBI sponsors a 'preserving the climate' program

The aim of the „Reduce consuming”” program is to publish that the households should use less energy for lighting, heating etc. The program also organises educations.  This year the main...

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Metro eyes Russian hypermarkets

German retailer Metro's hypermarket unit Real is seeking acquisitions in eastern Europe, unit head Joel Saveuse told the Financial Times Deutschland paper in an interview.  Saveuse did not say which...

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Pernod Ricard – Cleaning the portfolio

Pernod Ricard announces that it has signed an agreement to sell its cognac brand Bisquit and associated inventories to Distell Group Limited for 31 million euros.  The transaction also includes...

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Tesco plans to convert closed pubs

The retailer is planing to cash in on pub closures by converting them to small town centre stores. Tesco has lodged ten applications for conversion in the last three months...

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Demise after 60 years sales

Circuit City was the second-largest consumer electronics retail chain in the U.S. The company had 567 stores in the US and 770 smaller units in Canada.  Going-out-of-business sales at all...

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„Spring coupon days” started

2 shopping malls from the capital and 3 from the country take part in the action organised by www.napiakciok.hu.  The owner of the website made a successful action before Christmas....

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Ukrainians buy luxurious restaurants in Budapest

According to business daily Világgazdaság some Ukrainian businessmen save their money in 8-10 high positoned luxury restaurants in the Hungarian capital. The newspaper wrote that the restaurants fight with the...

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Tesco urges to shopping tourism

The leaflets of Hungarian Tesco are also available in Slovakian Érsekújvár and Fülek.  Because of the weak HUF day to day more Slovakian come to Hungary to make their weekly...

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Henkel untouched by crisis

In 2008, sales increased 8.1% to 14.13 billion euros, mainly on the company’s National Starch acquisition. Adjusted for foreign currency exchanges, sales rose 11.6%.  Profits increased 31% to 1.23 billion...

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Lidl to reduce product range

According to Lebensmittel Zeitung's informations the complete assortment is under close scrutiny, with a special focus on duplications.  After years of continuous line extensions, Schwarz Group's discounter Lidl is reportedly...

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Coke to invest $2 billion in China

The Coca-Cola Co. plans to invest $2 billion in China over the next three years.  The investment would go toward new plant and distribution infrastructure, sales and marketing, and research...

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Who will be greener? – environment competition by Tesco

The most diligent pupils win money for class excursion in value of HUF 500,000.  The Tesco’s waste redemption competition for pupils between 6-18 ages starts today, the winner will be...

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New sales director at Kékkúti Ásványvíz

From 1th of February Csaba Csiszkó is the sales director of the company. The 40 years old specialist is responsible for execution of Kékkuti’s business plans, and developing of the...

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Union support for the domestic catering industry training

Károly Gundel, area integrated vocational centre won HUF 244 million onetime, not to refunded summ from European Union.  In the a project with the motto „Good profession – safe future”...

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Six months – more than 1,000 new MasterCard places of recipient

Thanks to MasterCards new sales program, from July 2008 the number of Mastercard recipient places grow by 1,145.  There are 9 million debit or credit card on the Hungarian market...

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Packaged Starbucks coffee in Europe

Starbucks and Kraft Foods have announced they will launch packaged Starbucks coffee in select supermarkets in France and Germany. The aim is to expand super-premium Starbucks coffee in Europe.  Beginning...

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Rewe reports 11% sales increase

Group posted a full-year sales to around EUR50 billion in 2008, including sales of independent retailers. Sales outside its home market, Germany, grew by 15.4%.  After a "really good year"...

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McDonald’s to double number of McCafés in Austria

Currently, around 50 of 162 McDonald’s units in Austria have the McCafé format. Company plans by the end of 2009 to have 100.  McDonald’s Austria has launched new packaging which...

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Nestle sees acquisition opportunity in Poland

The world’s biggest food maker, is seeking acquisition targets in Poland to boost production in the European Union’s largest ex-communist economy, the head of its Polish operations said.  The Switzerland-based...

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SIÓ helps for children from needy families

Action under the name „Thanks for SiÓ!” the firm call the schools fo a tender. The soft drink company helps for 1,000 children from needy families to get their new...

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Levi Strauss stops producing in Hungary

With closure of its Kiskunhalas plant 549 employees will lose their jobs, along with hired labour.  The company experiences a marked drop in demand for its clothing and other consumer...

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New boutique hotel in Budapest

The elegant 4-star Hotel Belvedere Budapest is owned by Gyetvai Fivérek Zrt, the operator is Belvedere Hotels Ltd. The art deco-style hotel with unique solutions offers 54 rooms, including 10...

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Synergon Subsidiary Has Become „The Most Dynamic Start-Up Company”

Synergon subsidiary, Synergon Retail Systems Kft. received the award given to Hungarian start-up companies.  Steinbinder Romulus, the Managing Director of Synergon Retail Systems Kft. received the certificate of merit “The...

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11 members for Reál Hungária Drink

Two new members joined Reál Hungária Drink Kft. in February. With Bora Kft. and Piramis Kft., new counties are now covered by the distribution network of Reál Hungária Drink, which...

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Nice result

The team composed of László Mihályi, Mrs. Nesztovidisz and Zsolt M. Tóth finished in 20th place among 22 competitors at the dessert world championship held in Lyon in January. Hungary...

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Future shaping trends in frozen version

The success of frozen products is a natural trend in catering, especially since their quality is improving continuously. Frozen food is gradually displacing preserved food in the catering sector. As...

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