Company and Personal News
Kellogg Acquires Leading Biscuit Manufacturer in China
Date: 2008-07-02 00:00:00
Kellogg Company acquired Zhenghang Food Company Ltd., a manufacturer of cookies and crackers in the northeastern region of China. "Geographic expansion in high-growth markets like China will help Kellogg Company...
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Tesco Donation for Salva Vita Foundation
Date: 2008-07-02 00:00:00
Since 2003 the British retail company sponsors every year a program or organisation which help disadvantaged people to make their life better. Last year Salva Vita Foundation's „Workplace program” won...
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Lipton's New Promotion with Yellow Dressed Policemen
Date: 2008-07-02 00:00:00
The in June started action focus on the new, fresh, lemon taste of Lipton. Yellow dressed health policemen run in the city wiht a yellow Ford Crown Victoria police...
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Marche S1 is Austria's Best Restplace
Date: 2008-07-01 00:00:00
The restplace was open last November, but according to German ADAC it is Europe 2th best restplace. Before the summer season ADAD, the German Car Club, spyed 65 restpalces in...
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Tchibo Owners Boost Escada Stake
Date: 2008-07-01 00:00:00
Tchibo owners Wolfgang and Michael Herz are buying a “significant minority interest'' in Escada AG, a German luxury fashion brand. The Herz brothers plan on buying shares in a...
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EU Tightens Import Norms on Indian Guar Gum
Date: 2008-07-01 00:00:00
The European Union has sought certification from an Indian government trade body and a laboratory on guar gum to eliminate toxin contamination. In July and August last year, 16 of...
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Coca-Cola Acquires Waters and Soft Drink Brands
Date: 2008-07-01 00:00:00
The American soft drink giant payed USD 225 million for Carlsberg. According to the agreement, which takes effect immediately, Coca-Cola acquires Carlsberg’s mineral water brands Kildevæld and Kurvand in Denmark...
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New foam tray for packing and into oven
Date: 2008-07-01 00:00:00
Sealed Air said that its Cryovac ovenable foam tray (OFT), suitable for either microwave or traditional oven use. A new C-PET foam tray targeted at the chilled and frozen ready...
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New Sales Director at LLP Budapest
Date: 2008-07-01 00:00:00
Attila Biber is the second specialist, in a short periode, who arrived from Microsoft Hungary. LLP Budapest's CEO, Zsolt Ambrus also worked at computer giant. Attila Biber (42) is mathematician...
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Carrefour Slides on Reduced Profit
Date: 2008-07-01 00:00:00
Carrefour SA, Europe's biggest retailer, fell to a 3 1/2-year low in Paris trading after scaling back forecasts for operating profit and sales. Operating profit will increase at about the...
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East-European hotels have surpassing revenues
Date: 2008-06-30 00:00:00
According to Smith Travel Research global report the Revenue per available room is the highest, 86.89 euros is East-Europe. It was an 11.4% RevPar increase in East-Europe, also the average...
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30 billion dollars a year agricultural investment needed
Date: 2008-06-30 00:00:00
The UN's Food and Agriculture Organization said 30 billion dollars (19 billion euros) will be needed every year until 2050 to stave off world hunger. Soaring food prices may reverse...
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Nutritek Profit up 17 pct
Date: 2008-06-30 00:00:00
Nutrinvestholding, the listed arm of Russian baby food maker Nutritek Group, boosted net profit by 17 percent to $26 million in the year ended March 31, 2008. Nutritek's revenue rose...
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HUF 500 million marketing budget for Arena Plaza
Date: 2008-06-30 00:00:00
After a weak start the mall is now on the top, the revenues increased by 15-20% to HUF 18 billion. According to DTZ, operator of Arena Plaza, the total marketing...
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High expectations
Date: 2008-06-27 08:00:00
Authors of the Restaurant and Wine Guide 2008 have been stricter in using the GaultMillau scoring system, than the authors of the Michelin publication. The 15 restaurants included in both...
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Trapped by efficiency
Date: 2008-06-27 08:00:00
Domestic demand for Hungarian agricultural produce dropped substantially in the early 1990’s. The privatisation of land resulted in a decline of coordinated farming. Suppliers of the catering sector had no...
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Hungarian regional director for Bonduelle
Date: 2008-06-27 08:00:00
Miklós Ostermayer (42) was appointed the Central-Eastern European regional director of BONDUELLE in June. He is the first Hungarian professional to reach such a position in the market leading French...
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MasterCard for micro financing
Date: 2008-06-27 08:00:00
USD 740,000, one of the first donations by the Master Card Foundation is to be allocated to the development of MIXMarket 2.0, a next generation web platform for sharing public...
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Franchise news
Date: 2008-06-27 08:00:00
From Romania The Nagyvárad-based chain La Piadineria dr Gusto is planning to enter the Hungarian market. The Romanian fast food chain is looking for a master franchise partner. Piadina is...
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A new 4900 qm market hall in Budapesti Nagybani Piac
Date: 2008-06-27 08:00:00
Budapesti Nagybani Piac opened in the summer of 1991. This facility is the largest wholesale market of fresh fruits and vegetables in Hungary. It has replaced the Bosnyák tér market...
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Pöttyös retro
Date: 2008-06-27 08:00:00
A virus movie made by TotalCar has been used in the Pöttyös promotional campaign launched on 17. March. The movie focuses on a retro car restored by EastBlock....
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Digital division for TV2
Date: 2008-06-27 08:00:00
In order to enhance its presence in digital media platforms, a Digital Media Division is to be established by TV2 in June. This new organisational unit headed by Attila Fekete...
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Stone soup from the philosopher’s stone
Date: 2008-06-27 08:00:00
Though their quarrel is not public, animosity between the two big trade organisations of chefs, the Hungarian National Alliance of Gastronomy (MNGSZ) and the Hungarian Association of Gastronomy remains intense....
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Focusing on innovation
Date: 2008-06-27 08:00:00
Pastas are modern, healthy products, which can be prepared quickly and offer many possibilities. This is why pasta is the 6-7th most popular food category in Hungary. According to Nielsen...
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New image for Kométa
Date: 2008-06-27 08:00:00
Kométa is to get a new image and packaging this year. Their logo has also become more dynamic and modern. Their new slogan is: „flavour is the passion we share”....
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New chairman for POP-Rafinanz
Date: 2008-06-27 08:00:00
Zoltán S. Soós is to assume the position of chairman of the board of the POP-Rafinanz group on 1. September. Revenues of POP-Rafinanz amounted to HUF 2,5 billion last year....
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Not a question of mood
Date: 2008-06-27 08:00:00
The Hungarian Restaurant Guide 2008 was published, which uses the scoring system of the two leading international publications, Michelin Red Guide and GaultMillau to evaluate 150 Hungarian restaurants. Csalogány 26...
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New chairman for ÉFOSZ
Date: 2008-06-27 08:00:00
Éder Tamás, a director of Bonitas 2002 Kft. was elected the new chairman of ÉFOSZ at the assembly held on 24. April The former chairman, Dr. Péter Futó has become...
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New owner for Interfruct
Date: 2008-06-27 08:00:00
The Interfruct Cash&Carry chain is to be sold by SCD which intends to focus entirely on real estate development in the central European region in the future. Interfruct is to...
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With passion and wisdom
Date: 2008-06-27 08:00:00
Another talented and acclaimed Hungarian chef has decided to open his own restaurant. Lajos Takács had worked as the chef of Jankó restaurant for years and is known as one...
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