Company and Personal News
TESCO accused by suppliers of making “aggressive” demands
Date: 2008-10-21 00:00:00
According to reports in The Sunday Times, Tesco is locked in a battle with suppliers after allegedly demanding one-off cash payments and keener terms to help fund its price war...
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TUS TRGOVINE expands in Balkans
Date: 2008-10-21 00:00:00
Slovenian retailer TUS Trgovine has announced that it has invested more than EUR60 million this year in expanding its retail network in the markets of Bosnia and Herzegovina, Serbia and...
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Nestle to invest $212 mln in Russian factory
Date: 2008-10-21 00:00:00
Company will spend $211.6 million on expanding its instant coffee factory in Russia’s southern region of Kuban, a Nestle executive said on Monday. Luis Cantarell, executive vice president of the...
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(HU) Illegális sajtüzem bukott le egy Hódmezővásárhely melletti tanyán
Date: 2008-10-20 00:00:00
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(HU) Magyarország betiltotta a kínai gyerekélelmiszerek importját
Date: 2008-10-20 00:00:00
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Natural Beauty Products Flooding the Market
Date: 2008-10-20 00:00:00
Fueled by the beauty industry's focus on natural ingredients, the number of organic and “ethical” cosmetic products introduced this year is up 23% from 2007, per a new study released...
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Finish the renovation of Hilton Budapest's conference room
Date: 2008-10-20 00:00:00
The 350 sqm big hall, bordered by a special historical wall, is abble to serve 240 persons and can be separated in four smaller rooms. At the time of hotel...
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9,000 own brand product at Carrefour Spain
Date: 2008-10-17 00:00:00
In its 2007 annual report, Carrefour Spain has announced that private labels have become a mainstay, generating 25% of the retailer's sales (food and non-food) during the year. According to...
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Sales At Britvic Jump 29%
Date: 2008-10-17 00:00:00
UK’s second-biggest soft drinks manufacturer, reported total sales of £926.5m, while sales in its GB & International division rose 4.8% to £725.8m. The company, whose brands include Tango, Robinsons squash...
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Edeka To Continue Hiring Staff
Date: 2008-10-17 00:00:00
German food major Edeka has announced that it plans to hire an additional 25,000 employees by 2010, to add its existing staff levels. The group currently has about 253,000 employees...
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Storck's sweets for donation
Date: 2008-10-17 00:00:00
It is the third time that Storck Hungária Kft. gives products in value of HUF one million for protecting Food Bank programs. On 16th October, on World Food Day, Food...
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New type of Tesco Hypermarket in Miskolc
Date: 2008-10-17 00:00:00
The 83. Tesco store was built on the place of a former silo. The unit is 3,000 sgm big and give work for 120 people. The interior design of the...
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Strong September in Budapest's Hotels
Date: 2008-10-17 00:00:00
In the first nine months of 2008, the room occupancy rate for three-, four- and five-star hotels was 60%. At current prices, gross room revenue declined by 4%, while the...
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Mellow Mood Group keeps expanding also outside Hungary
Date: 2008-10-17 00:00:00
Mellow Mood Group is currently involved in the development of five Hungarian and one Austrian hotel. Company has 20 hotels under 5 brand name in Hungary. The five-star Buddha-Bar Hotel...
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Coca-Cola's profit grow by 14%
Date: 2008-10-16 00:00:00
The company reported a 10% growth in sales of uncarbonated drinks, including juices and bottled water. Sales of fizzy drinks, which include Coca-Cola, Dr Pepper and Fanta, rose by 3%....
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Lidl to sell low cost energy in Italy
Date: 2008-10-16 00:00:00
The retailer has signed an agreement with local energy company MPE Energia to enable it to deliver the service. Lidl Energia envisages three types of cover including ‘Energia Low Cost’...
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SABMiller's slow increase in Europe
Date: 2008-10-16 00:00:00
British brewer SABMiller plc said its financial performance for six months was in line with the group's expectations. Additionally, the company warned that the prospects for the rest of the...
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SPAR chain to grew by 10-15 units
Date: 2008-10-16 00:00:00
Because of the aqusitions and developing SPAR Hungary will be SPAR's biggest subsidiary in abroad. According to Napi Gazdaság SPAR doesn't stop to increase after buying the Plus disqount chain,...
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Subway surpasses 30,000 outlets
Date: 2008-10-16 00:00:00
The sandwich chain has 30,021 in 88 countries. The company said it reached the milestone with the opening of nine outlets all within the same day, including locations in the...
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Tengelmann's CEO Karl-Erivan Haub is satisfied
Date: 2008-10-16 00:00:00
The retailer has announced the full-year results from its European operations for the 2007/08 financial year ended 30 April 2008. Sales in Europe increased by 2.5% to reach almost EUR20...
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Auchan to expand in Portugal
Date: 2008-10-15 00:00:00
Auchan plans to invest EUR60 million in the expansion of its Pão de Açúcar supermarket chain in Portugal. The retailer plans to open 13 Pão de Açúcar stores over the...
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Intermarché for online supermarket
Date: 2008-10-15 00:00:00
Intermarché has launched a major marketing campaign for its grocery ecommerce site. The campaign includes leafleting and a TV spot advertising the low prices of its online supermarket. It is...
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Asda to build first wind turbine
Date: 2008-10-15 00:00:00
Asda is to build its first UK wind turbine at its Falkirk distribution centre to generate three quarters of the energy required for the depot. The retailer has been granted...
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Starbucks to accelerate its development in France
Date: 2008-10-15 00:00:00
Despite the closure of stores in the US, Starbucks has announced that plans to accelerate its growth in France. Philippe Sanchez, General Manager of Starbucks France has said that the...
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800 m2 METRO stand on HOVENTA Exhibition
Date: 2008-10-15 00:00:00
Over the technical tangible assets, machinery this year Metro introduces to the professional public company's „Fresh product concept” in fish, flesh and vegetables-fruit categories. The METRO stand is avalaible at...
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Brutal profit loss by LG Display
Date: 2008-10-15 00:00:00
World secon display producer reported a 44 percent drop in third-quarter net profit to $244.1 million. The flat panel market could recover from the second quarter of next year when...
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18 yes – campagne at the Hovente exhibiton
Date: 2008-10-15 00:00:00
Borsodi Brewery wants to call attention of the specialist, that the beer is a drink for adults. This campagne is a part of company's CSR activity, this time the focus...
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Buy Samsung mobile and give money against breast cancer
Date: 2008-10-15 00:00:00
2007 saw over half-a-million pounds for breast cancer charities raised by Samsung throughout Europe, which signalled the start of a four-year plan by the manufacturer to support the cause. In...
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