Company and Personal News
French Restaurants Feel Economic Pinch
Date: 2008-09-25 00:00:00
Nearly 3,000 restaurants and cafés have gone bust in the first half of 2008—a 30 per cent increase on the same period last year. Alarm bells are ringing in the...
Read more
Chinese candis were taken off the shelves in Great Britain
Date: 2008-09-25 00:00:00
British supermarket chain Tesco said that it had withdrawn more brand s of Chinese candies from its shelves amid the poison milk scandal. Tesco said in a statement it has...
Read more
TESCO launches home insulation service in the UK
Date: 2008-09-24 00:00:00
In the UK, Tesco has launched an energy efficiency service, open to all homeowners, residential landlords and private tenants. The retailer is offering insulation for loft or wall cavities for...
Read more
Coca-Cola is the most valued brand
Date: 2008-09-23 00:00:00
Interbrand, a brand management company, has compiled the top 100 list showing who has performed over the past 12 months, and just as importantly, who has slipped down the list....
Read more
Kaufland promotes cycling in Berlin
Date: 2008-09-22 00:00:00
Interested customers are shown by BUND how to take home larger purchases and how to cycle safely with a shopping trailer. In co-operation with the German alliance for the protection...
Read more
(HU) „III. Coop Rally a minőségi magyar élelmiszer termékekért”
Date: 2008-09-18 00:00:00
...
Read more
Metro Group Introduces Hotel Private Label Lline in Ukraine
Date: 2008-09-17 00:00:00
Products of H-Line are specially designed to meet the needs of the hotel sector. Metro Group's cash & carry operation in Ukraine has launched its hotel private label line. a...
Read more
Hewlett-Packard to cut 24,600 jobs
Date: 2008-09-17 00:00:00
Hewlett-Packard announced that it would eliminate 24,600 jobs, or 7.5 percent of its work force, as part of its plan for digesting Electronic Data Systems, the computer services giant that...
Read more
HILTON launches HILTON GARDEN INN brand in Russia
Date: 2008-09-17 00:00:00
Over the next 10 years, Hilton expects to open more than 70 Hilton hotels in key Russian cities and regional centres. Hilton has opened its first hotel under the Hilton...
Read more
Labor costs rise in Hungary
Date: 2008-09-16 00:00:00
According to Eurostat the labor costs in Hungary rose 7.6% in the Q2 from the same period a year earlier, well over the 3.4% increase for the EU27, but under...
Read more
Wal-Mart Seeking Approval To Open Bank in Canada
Date: 2008-09-16 00:00:00
The retailer giant has applied for regulatory approval to establish its own bank in the country, according to a notice on a Canadian government website. By obtaining a banking license,...
Read more
Starbucks-Unilever ice cream deal
Date: 2008-09-16 00:00:00
The British food giant will research and develop new products using Starbucks coffee flavours. Starbucks signed a licensing agreement with Unilever to manufacture, market and distribute Starbucks ice cream products....
Read more
SPAR Switzerland campaign with FIFA female umpire
Date: 2008-09-16 00:00:00
In Switzerland, SPAR is operating an EDLP strategy for a specified range of 300 products in its EUROSPAR and SPAR outlets. It is called '”Our smallest price”. Once a month,...
Read more
Hotel Palazzo Zichy to open next February
Date: 2008-09-16 00:00:00
The 4-star boutique hotel will be housed in a restored 19th century building that was formerly the palace of Count Zichy. The new 80-room proper ty, including eight junior suites,...
Read more
New leader at Unilever Central Europe
Date: 2008-09-16 00:00:00
Herman Verstraeten, currently Chairman Unilever Russia, Ukraine and Belorussia (RUB) will be appointed as Chairman Unilever Central Europe, with effect from 1st September 2008. The Belgian specialist will substitute Tracey...
Read more
Bonduelle, Coopagri In JV
Date: 2008-09-16 00:00:00
Food group Bonduelle has announced that it is forming a frozen vegetables joint venture with cooparative group Coopagri. The new entity, in which Bonduelle will have a 37% stake, will...
Read more
Accor launch new loyalty programmes
Date: 2008-09-15 00:00:00
A|Club members will earn points in Sofitel, Pullman, MGallery, Novotel, Mercure, Suitehotel, Ibis and all seasons hotels around the world. Members earn points on the entire hotel bill, including spending...
Read more
Tesco contra British Government 1:0
Date: 2008-09-15 00:00:00
In his budget, Chancellor Alistair Darling said that one of his reasons for upping duty was that the price of wine in supermarkets had fallen over the last ten years....
Read more
Czech PPF buys 50% stake in Russian Eldorado
Date: 2008-09-15 00:00:00
Czech Republic’s PPF Group has purchased 50% of shares in Russia’s largest home electronics retailer Eldorado. Russian Business Daily Vedomosti reported the deal is worth around $400-800 million, although market...
Read more
CIB Bank has frozen Zalabaromfi's bank accounts
Date: 2008-09-15 00:00:00
According to press informations Hungarian poultry company cannot pay either its employees or its suppliers. Zalabaromfi has forced its several hundred employees to take temporary leave. Zalabaromfi's management told that...
Read more
Real To Put Up More Self-Service Checkouts in Germany
Date: 2008-09-15 00:00:00
Metro's Real chain plans to expand the number of stores that house self-service check-out counters, and will introduce the same to 110 of its outlets by the end of the...
Read more
Diageo to built new brewery for Guiness
Date: 2008-09-15 00:00:00
The new brewery will produce Guinness to meet growing export demands and will also brew ales and lagers with a capacity of 5m hectolitres. Diageo Ireland is announcing that it...
Read more
No increase at domestic hotels's profits
Date: 2008-09-12 00:00:00
According to STR Global the hotels in Budapest has the same revenue as a year before. The average room cost was 84.40 euros, the occupancy was 61.3% and the RevPar...
Read more