Company and Personal News
Accor's Upscale and Midscale Hotels grow over the average
Date: 2008-08-12 00:00:00
Accor's consolidated revenue totaled EUR3,765 million for the first six months of 2008. This represented a 5.2% increase at comparable scope of consolidation and exchange rates (like-for-like) and a 6.2%...
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New Leader at CBA
Date: 2008-08-12 00:00:00
Zoltán Noszlopy works for CBA since 2001, last year's end he became supplier manager, this year in February sales manager and from now he is the new chief executive officer...
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Danish Netto to build up internet business in UK
Date: 2008-08-12 00:00:00
The discount supermarket chain is considering launching a limited online offer within two years as part of plans to create a £1 billion UK business. The Danish grocer is mooting...
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Tesco Kipa opens store in Istanbul
Date: 2008-08-12 00:00:00
A joint venture of supermarket chains British Tesco and Turkish Kipa, opens its first store in Istanbul. Tesco Kipa's store is the chain's 28th hypermarket in Turkey. The new...
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Sales of organic products decreased in UK
Date: 2008-08-12 00:00:00
Fresh food costs nearly 11 per cent more than a year ago and shoppers seem to be losing their taste for expensive organic produce, with sales down. Demand for them...
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Wal-Mart Spotlighting Products Made In Eco-Friendly Ways
Date: 2008-08-12 00:00:00
Wal-Mart wants to promote waste reduction and recycling, natural resources, energy and social or community impact and it's looking for products that fit that bill. Wal-Mart is telling its suppliers...
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Auchan outlet in Moscow to open following 11 months of delays
Date: 2008-08-11 00:00:00
Auchan is due to open a large shopping mall of 160,000 square metres in Russia in September. The main project of Auchan in Russia including an Auchan hypermarket, as well...
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Coca-Cola Alucan from a Hungarian Designer
Date: 2008-08-11 00:00:00
The special bottle was print only in 30,000 and will sell only at the Sziget event, its creator was Dániel Szentmihályi, alias SLOW. Coca-Cola called 10 designers for a tender...
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Cut-back at Interfruct
Date: 2008-08-11 00:00:00
From 1. August the company fired 700 employes. If Interfruct's owner find a partner for developing the firm, it want to get the people back. Calslane Holding started the reorganisation...
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Nestle's difficulties in Russia
Date: 2008-08-11 00:00:00
The lack of human resources and adequate infrastructure are the company's main obstacles, says Bernard Meunier, CEO of Nestle Russia. The development of the Russian market for healthy food, as...
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Kraft to sell off Nordic and Baltic salty snack brands
Date: 2008-08-08 00:00:00
The signing of the deal to sell the Estrella, Maarud and Taffel Chips brands to Fepco 1 AS, a Norwegian subsidy of Herkules Private Equity Fund, comes in the same...
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32. BB Vintage Festival in Balatonboglár
Date: 2008-08-08 00:00:00
Wine shows, concertes and other family programs wait the guests between 19-24 August on Platánstrand (Platan Beach) in Balatonboglar. The famous Vintage Festival, visited yearly by 250,000 guests, will be...
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Strong organic growth at Henkel
Date: 2008-08-08 00:00:00
Henkel AG & Co. said second-quarter profit declined 84 percent on costs for job cuts and lowered its full-year earnings forecast because of rising raw-materials expenses. Revenue rose 11 percent...
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Financial crisis and smoking ban kill the English pubs
Date: 2008-08-08 00:00:00
Pub beer sales in the UK have sunk to their lowest level since the 1930s. Beer sales in pubs fell 10.6% between April and June compared to the same quarter...
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More Turists from Abroad, Hungarian Spent Less Time on Holiday
Date: 2008-08-08 00:00:00
In January-June 2008 the total number of international and domestic tourism nights nearly stagnated in public accommodation establishments, while the revenue of these grew by 2% at current prices. ...
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Jede Acquires Kaffeknappen
Date: 2008-08-07 00:00:00
Swedish coffee company Kaffeknappen has been fully acquired by office coffee services provider Jede AB, owned by Nestle. Jede has owned a 25% stake in the firm since September 2005...
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Sony moved LCD producing to Nitra
Date: 2008-08-07 00:00:00
An investment project with a total value of 240.66 mil. € is under preparation at the Nitra-Sever industrial park. According to the Environmental Impact Assessment, the Japanese building company, Takenaka...
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5 Stars Hotel From Former Farmers' Holiday Place
Date: 2008-08-07 00:00:00
Hotel Divinus Conference and Selfness officially opened on 31 July with a huge celebration. The first luxury hotel, developing costs HUF 4 billion, in Debrecen offers 150 rooms, 29 apartments,...
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Soho Hotel opens soon
Date: 2008-08-07 00:00:00
Everything is ready for the opening of Budapest's latest 4-star boutique hotel. Soho Hotel, located in Dohány Street (7th district), has 68 rooms and 6 suites, a restaurant, lobby bar...
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Siemens may sell stake in European venture with Fujitsu
Date: 2008-08-06 00:00:00
German electronics giant Siemens AG may sell its stake in a European computer joint venture with Fujitsu Ltd. The most likely scenario is for Fujitsu to buy Siemens stake and...
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Metro to sell Adler stores
Date: 2008-08-06 00:00:00
Metro AG. said its Adler fashion stores unit that it has put up for sale will close up to 20 loss-making stores in Germany and Austria by end-2009 and will...
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Good by $1 value menu?
Date: 2008-08-06 00:00:00
Due to rising food ingredient prices, McDonald's may have to change some items on its $1 value menu. The international burger chain may have to adjust some of the ingredients...
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Best Buy plans aggressive roll-out in UK
Date: 2008-08-06 00:00:00
Best Buy, the largest specialty retailer of consumer electronics in the United States and Canada is to push ahead with a more aggressive roll-out of stores with some 200 stores...
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New Trade Marketing Manager at SIÓ-ECkes
Date: 2008-08-05 00:00:00
The SIÓ-ECKES sales and trade marketing group has a new member, Krisztina Gurály, from 14 July. The specialist worked several years at FMCG companies' sales and trade marketing group, also...
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Felicitatations from fans on 100 sqm by Soproni
Date: 2008-08-05 00:00:00
Since two months signatures and felicitations of fans were collected on Soproni's evening to protect the Hungarian waterpolo team in Peking. The flag is 14mx7m big. Since Mai fans and...
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Südzucker Interested in Ebro Puleva's Sugar Operations
Date: 2008-08-05 00:00:00
According to press information German sugar producing company Südzucker is said to be considering Ebro Puleva's sugar division as a potential takeover target. German Nordzucker and French Tereos have both...
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Metro Cash&Carry H1 Sales Top E800m in Romania
Date: 2008-08-05 00:00:00
Metro has 23 Cash&Carry stores and 16 Real,-Hypermarket units in Romania. Metro Group's Cash&Carry division has reported that sales in Romania rose to over E800m in the first-half. No comparative...
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Budapest Winter Invasion to continue
Date: 2008-08-04 00:00:00
The last campaign, which attracted a unique pool of 88 participating service providers, generated 50,000 extra guest nights for Budapest. The hotels that participated in the successful endeavor opted to...
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Kellogg's Succesfull Q2
Date: 2008-08-04 00:00:00
The American Company reported second quarter 2008 earnings per share growth of 9% with an 11% increase in sales. Kellogg Expresses Increased Confidence and Raises Full-Year Guidance. Reported net sales...
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Kingfisher Sells Italian Business Castorama
Date: 2008-08-04 00:00:00
Kingfisher has announced the sales of its underperforming Italian business for £440m to privately-owned French home improvement company Groupe Adeo S.A. Kingfisher plc is Europe's leading home improvement retail group...
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