Company and Personal News
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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Excellent accomplishment at Profi Romania
Date: 2009-01-29 01:06:00
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
Date: 2009-01-29 01:00:00
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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NürnbergMesse sets ambitious growth targets
Date: 2009-01-28 00:00:00
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
Date: 2009-01-28 00:00:00
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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Henkel contributes to protecting the rain forests
Date: 2009-01-28 00:00:00
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
Date: 2009-01-28 00:00:00
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
Date: 2009-01-28 00:00:00
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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Camel milk chocolate by Manner
Date: 2009-01-27 00:00:00
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
Date: 2009-01-27 00:00:00
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
Date: 2009-01-27 00:00:00
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
Date: 2009-01-27 00:00:00
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%
Date: 2009-01-27 00:00:00
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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