Company and Personal News

Starbucks to close another 300 stores

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

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

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

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

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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Excellent accomplishment at Profi Romania

Delhaize Group-owned Romanian retailer Profi has reported a 50% increase on the year to EUR142 million above the target growth of between 30-35%.  The company sees its turnover growing by...

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Asda to create 7,000 jobs in UK

Wal-Mart-owned company plans to create 54,000 square metres of new store space in 2009.  The supermarket will create 3,700 new jobs with the opening of nine new food stores, five...

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Henkel contributes to protecting the rain forests

In order to promote and establish the Book & Claim system for palm kernel oil, Henkel has, as the first company in the world, now purchased such palm kernel oil...

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Don Pepe focus on growing efficiency

Company launched a new trainingsystem for it employees. The aim is to make the sales more operative and the consumers more pleased.  Don Pepe has more than 30 restaurants all...

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Penta fuses Hungarian interesets

From 1th July the three meat processor plants, Debreceni Hús, Szole-Meat and Csaba-Hús merge into Budapest based Debreceni Group.  The new founded Debreceni Group belongs to Carnibona Holding, the ownership...

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NürnbergMesse sets ambitious growth targets

Reconstruction works start in a few weeks, a completely new entrance, service and congress area is to be built by autumn 2010. NürnbergMesse will invest a total of more than...

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Coca-Cola puts money on being greener

The company made a foundation, the money will be used to support a proposed Packaging Innovation and Sustainability Centre at Michigan State University (MSU).  Coca-Cola has provided $400,000 to the...

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Camel milk chocolate by Manner

World's first camel milk chocolate, called Al Nassma, is only available in Dubai.  Camel milk arrives from a farm near to Dubai in form of milk powder to Manner's plant...

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54 million Visa transactions in Hungary

Point-of-sale (POS) transactions made with Visa cards in Hungary rose 22.9% in Visa Europe's business year ended September 30, the card issuer said.  The amount of money spent on POS...

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GLOBUS sales up in Czech Republic

German hypermarket and DIY store operator is currently building its 14th Czech hypermarket, located in Ostrava.  The retailer increased its sales by CZK2.6 billion up to CZK22.7 billion in the...

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Marks & Spencer modernise IT System

The retailer has taken out a seven year contract with IT supplier Fujitsu Services to provide instore IT support for around 600 M&S stores in the UK, Ireland and Channel...

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REWE International sales rise by 12%

Despite the economic difficulties, Rewe International plans to keep up its heavy investment plans with EUR500 million this year, EUR200 million of which are targeted for Austria.  Formerly Rewe Austria,...

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Champions of Nutrikid

The Nestlé Nutrikid jurey also in November found very creative entries, the real surprise was a submission with Braile codes.  Nestlé made a tender against the children obesity, children with...

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Fast hotel developings in South-Plain region

In the same time five hotel reconstruction and new building happen in the region, the invesment value is over HUF 10 billion.  In Szeged 3 hotel renovation is in process,...

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ALDI increased sales in Ireland

In 2008 the discounter said it would spend EUR350 million opening a further 32 stores in the country over the next three years.  In the Republic of Ireland, Aldi has...

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Duffy become new face of Diet Coke

The singer will appear in a multi-million-pound campaign, that will be rolled out across Europe in a series of 30-second and one-minute television slots from February.  Welsh singer Duffy has...

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Delhaize tests new concept store

The Red Market store in Gembloux, Belgium incorporates elements of various store concepts that the group has recently developed and implemented across the world.  Red Market store has a store...

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Lidl to build mineral water plant in Germany

According to press informations, Lidl and the existing Lidl-owned supplier MEG invest around EUR100 million into the new plant.  Schwarz Group-owned discounter Lidl in Germany is reportedly planning to build...

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Tesco reedems PET bottles and drink alucans

The new system operates in 37 Tesco stores. The retailer pays HUF 5 for five PET bottles and HUF 10 for five drink alucans.  At the formal opening of the...

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4,000 sqm big cold storage in Székesfehérvár

According to business daily Napi Gazdaság, the development costs of Alföldi Tej plant in the city was HUF 900 million. The new cold storages was technicaly open in December, but...

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OMV to reduce Austrian petrol station network

Company wants to lower costs, raise its efficiency and concentrate on locations with higher customer frequency through its convenience brand Viva.  Austrian oil company OMV has announced that it is...

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From February Dare Group operates Mellow Mood's three hotels in the city

After two years oparation Mellow Mood pass the City Hotel Mátyás, Pilvax és Ring to Dare Group and Platinum Hotels.  The Mellow Mood hotel portfolio grow dynamic in last years,...

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KFC increased sales in Romania

During 2008, the company opened eight restaurants, in total, KFC chain in Romania includes 32 units, but new openings will take place during 2009 starting from the capital.  KFC in...

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Tesco became cheaper as a year before

More thousands of products are avelable under their last years price in Tesco units all over in Hungary.  According to Monika Hackl, spokerperson of the retailer, Tesco helps people to...

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SPAR buys stores in UK

Retail Week has reported that SPAR has bought 11 former Somerfield stores and it will convert the stores to its Eurospar format.  Eurospar stores differ to SPAR stores in that...

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