Company and Personal News
Excellent Award for Kempinski Budapest
Date: 2008-06-18 00:00:00
At first in Hungary Kempinski Hotel Corvinus Budapest, Kempinski Spa and the Ristorante Giardino get the „Seven Stars and Stripes” Award. Seven Stars and Stripes® is the brainchild of Thorsten...
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Solar power ad by PepsiCo
Date: 2008-06-18 00:00:00
PepsiCo to convince consumers that the companies care about the environment. The newest demonstration of solar power (figuratively) is coming from the Frito-Lay division of PepsiCo, which is using the...
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SABMiller To Buy Stake In Ukrainian Brewery Holding
Date: 2008-06-17 00:00:00
The Ukrainian Antimonopoly Committee has cleared SABMiller's proposal to buy over 50% of Ukrainian Brewery Holding. The UK-based brewer had earlier bought the Sarmat brewery, which had been part of...
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Tesco to expand beyond the West Coast US
Date: 2008-06-17 00:00:00
The British retailer is investing up to £250m a year in the next four years on the West Coast. Tesco is due to open its first U.S. store in three...
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Hungarian POP Icons in Coke Club
Date: 2008-06-17 00:00:00
In the second season of Coke Club today rockbands sing their icons's (LGT, Neoton Familia, Tankcsapda) songs.In the MTV Icon program bands inspired by the Icon performed some of their...
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Unilever's price increase also in Hungary
Date: 2008-06-17 00:00:00
A sharp price hike for vegetable oils necessitated a higher-than-average price hike for margarine, ketchup, mayonnaise and ice cream. Unilever Hungary said it will raise prices by less than 10%...
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Stolichnaya to Be Put up for Sale
Date: 2008-06-17 00:00:00
Vodka label Stolichnaya is to be put up for sale after Russian company SPI asked Lehman Brothers to find a buyer. French wine and spirits group Pernod Ricard was linked...
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New Swiss Owner by Buitoni Pasta Plant
Date: 2008-06-17 00:00:00
Nestle's Italian subsidiary has selected Swiss investment group TMT Finance SA to take over its Buitoni dried pasta and crisp bread plant in San Sepolcro. The plant, which employs 450,...
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Strong HUF is a Danger to Hotel Companies
Date: 2008-06-17 00:00:00
Besides the high food and energy prices also the strong national money can decreased the profit of Hungarian hotel companies. According to specialists a 10% increase at rate effects HUF...
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Evolving hotel indicators
Date: 2008-06-17 00:00:00
In the first five months of 2008, hotels had a 53 percent occupancy rate. Gross Room Revenue at current prices was up 6 percent, total guest nights increased by 1...
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Carrefour to rebrand all Champion shops
Date: 2008-06-16 00:00:00
French supermarket giant will rebrand all 1,021 of its Champion shops as Carrefour by the end of 2009, La Tribune reported. The company will transform around 150 of the shops...
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ASDA won Three Tops Prize At Grocer Gold Awards
Date: 2008-06-16 00:00:00
The British retail company picked up the Best for Service Award and the Best for Availability Award and the also the Best of Business Initiative . The Grocer Gold Awards...
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Bosch may transfer production to Hungary?
Date: 2008-06-16 00:00:00
According to Swedish evertiq.com internet site the German based Bosch may transfer production from its plants in France to Hungary or Spain. The plant that is most threaten is...
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Herendi China Manufacture open a shop in Harrods
Date: 2008-06-16 00:00:00
The company is present with exclusive shops in Germany and China, but now it opened an elegant unit in London famous mall. The unit take place on the II. floor...
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Metro Cash&Carry to build three new stores in Bulgaria
Date: 2008-06-16 00:00:00
Metro Cash&Carry Bulgaria plans to invest 150 million leva within the next three years, company representatives told reporters in Varna, at the opening of the first expanded and modernised store...
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French Cheese Firm Bel to Acquisite two Czech companies
Date: 2008-06-16 00:00:00
The Czech antitrust office UOHS has given the green light for French dairy company Fromageries Bel to buy Jaromericka and J+R. Fromageries Bel will take over 71.34% of shares in...
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Nordzucker to Bid for Danisco Sugar
Date: 2008-06-13 00:00:00
Germany's second-largest sugar refiner Nordzucker is interested in buying the sugar arm of Danish group Danisco and “has the money to pay whatever it costs,” its CEO told financial daily...
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Giant beer aquisitaion on the horizon
Date: 2008-06-13 00:00:00
Anheuser-Busch Acknowledges Receipt of Unsolicited Proposal from Inbev Anheuser-Busch Cos. Inc. in value of USD 46.3 billion. The $65 per share in cash for Anheuser-Busch is 24% higher than the...
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Drogas To Open More Stores in Baltics
Date: 2008-06-13 00:00:00
In Region Drogas, the largest cosmetics and household goods retailer in Latvia, reportedly plans to open four new stores in Latvia and three new stores in Lithuania. Local reports...
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Starbucks Teams Up With SSP To Expand In Europe
Date: 2008-06-13 00:00:00
The world's largest coffee-shop chain, is planning to open more than 150 outlets in airports and train stations across Europe during the next three years via an agreement with UK...
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The first Tchibo Store Outside of the Capital is open in Pécs
Date: 2008-06-13 00:00:00
In the unit at the Árkád mall in Pécs customers can choose between the best coffeemix from South- America and Africa. Tchibo is present with the brand in Hungary since...
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KiK Textil discount soon in Hungary
Date: 2008-06-13 00:00:00
The German KiK (Costumer is the king) is now looking for its Hungarian employers. According its plans yearly 300 new stores will be open. The German company has several stores,...
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Procter & Gamble outsources its IT works for 650-million-dollar
Date: 2008-06-12 00:00:00
BT announced today they have signed a five-year contract with Procter & Gamble. Under the agreement, the company will provide and manage a broad and integrated portfolio of services...
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Gorenje buys Dutch firm ATAG Europe
Date: 2008-06-12 00:00:00
Slovenia's top household appliances maker Gorenje announced its biggest ever acquisition with a 130 million euro deal to buy Dutch firm ATAG Europe B.V.. ATAG Europe generates 90 percent...
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Successful year behind OBI Hungary
Date: 2008-06-12 00:00:00
In the last business year, ended on 30th April 2008 OBI had HUF 53.7 billion revenue, 16 million visitors in the 21 stores, from them 8.3 millio were customers. In...
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Warimpex and Louvre Hotels to build 3 stars hotel in Budapest
Date: 2008-06-12 00:00:00
The Austrian Warimpex said before, that it will develope 20 hotels in Hungary, first of renovating B category officebuildings. Warimpex AG and Louvre Hotels have purchased land in Budapest under...
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Tesco's sales grow by 13.7%
Date: 2008-06-11 00:00:00
UK's biggest retailer reported that sales growth had slowed over the past three months, particularly in big-ticket items such as furniture, as customers tighten their belts. With UK like-for-like sales...
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POP-Rafinanz Group to be on international expansion
Date: 2008-06-11 00:00:00
Since 2007 Rafinanz is the only East-European member of Airport Promotion Agencies. Last year the company has a total revenue HUF 2.5 billion, so it must be reorganize. A new...
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Lidl to open in US by 2012
Date: 2008-06-11 00:00:00
Lidl plans 1,000 new stores in Germany, to enter U.S. market by 2012 German discount retailer Lidl is planning to open up a further 1,000 stores in Germany, meaning that...
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New packiging for Kométa products
Date: 2008-06-11 00:00:00
This year Kométa, one of Hungary's biggest meat producers begins a strong marketing communication campagne. After a big market research and planning periode all Kométa products will get a new...
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