Company and Personal News

Maspex increase at Romanian pasta market

Tymbark Maspex Romania buys majority stake in Romanian pasta manufacturer Arnos Romanian food and beverage group.  Tymbark Maspex, part of the Polish Maspex Group, has announced its acquisition of 80%...

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San Francisco bans plastic grocery bags

Starting Tuesday traditional plastic bags are banned from supermarket checkout lines in San Francisco. The ban is being implemented under a city ordinance passed this year. City officials estimated 180...

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Matra Cukor Shuts Hungary Sugar Unit

German-based Nordzucker AG's parent company said it will relinquish one-third of the sugar production quota in Hungary. This move is in response to the European Union's drastic sugar reform, which...

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Marché International's restaurant along the S1 at Vienna's Schwechat Airport

The subsidiary of the Mövenpick Group, which open 6 restaurant at MOL gasstation in the next year, celebrates the grand opening of Austria's largest highway rest stop. Marché Schwechat will...

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Tradition and modernity – Lounge Editon 2007 arrived

In Hungary only 60 bottle of newest Grand Marnier are available in retail. Lounge bars are the theme of this year 's limited edition, which is the fifth in the...

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Agrana to concentrate refining activities at the Kaposvár facility

The second Magyar Cukor refinery at Petöhaza will be closed.   In the course of the latest reform of the EU sugar market regime, talks are currently taking place in...

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SABMiller to pay the holland Grolsch for Euro 816 million

SABMiller sees significant potential across Africa and Latin America, where the premium segment is still in its infancy, and in the more developed markets of Central and Eastern Europe.  ...

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Holiday cheques in Budapest

In the first 10 months of the year popularity of the holiday cheques growth, companies bought, customer used more cheques as before. Holiday cheques were sold for 726,000 people, in...

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DARE Group bought the Hotel Radisson SAS Birdland Resorts & Spa in Bukfurdo

According to plans HUF 5 billion developing starts soon. Trough its subsidiary Group Taverna, the DARE bought the Hotel Radisson SAS Birdland Resorts & Spa in Bukfurdo with its property...

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McDonald's would sell up to 21% of its company-owned restaurants

McDonald's said that it would like to reduce the number of company-owned restaurants in the United Kingdom and Canada.  The move is in accord with longstanding demands by Ackman and...

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5% revenue increase at Lego

In Germany the company has 12% market share. Despite forecasts that sales would fall in 2007, the LEGO Group sold 5% more during the first half of the year than...

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Fornetti to Expand Output

With a view to cater for growing demand from Bulgaria and Romania, the company plans to expand the capacity of its plant by 250-300 tons per month. To reach its...

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Hershey to Close one of its American Plant

A Naugatuck factory where candy bars such as Mounds and Almond Joy have been made for 85 years, is shutting down for good. The shift is part of an overall...

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Reorganizations at Kraft Foods

Kraft FoodS Inc. said it will close its Cobourg, Ont., manufacturing facility by October 2008.  The Northfield, Ill., food company has 380 employees at the Cobourg plant, which makes cereal,...

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Plus and Netto Marken-Discount to Form Joint Venture

The Tengelmann Group will in future be cooperating closely with the Hamburg-headquartered EDEKA Group.  The new company in which EDEKA has a 70 percent stake and Tengelmann 30 percent will...

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Web searches and confirm for hungry people

Restaurants will be listing at a charge of registration fee on the website called www.etteremkereso.hu, offers can be changed daily. A region map and several filters help for guests by...

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Developing at cheap offers researcher Fapados Group

Soon starts a new website www.fapadosszallasok.hu which collects the offers of the hungarian hotels. The site calculates the correct discount price too.  The Fapados Group, owner of the website, organises...

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Bank of the year 2007- CIB Bank is on the top

Mastercard Bank of the year 2007 competition's second place is MKB's, the third is for OTP. The most sympathetic bank for the public was Raiffeisen Bank. Most of the biggest...

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Hungary's biggest shopping centre opens

After two weeks and 3 hour lag yesterday Arena Plaza opened its gates. People run to buy cheap flat tvs and other discount price products. The 180,000-square-metre Arena Plaza will...

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Profits boost for Sainsbury's

First-half profit climbed 27 percent on increased organic food sales. The supermarket giant has a 4.7 per cent increase in turnover to £10bn. Pre-tax profits came in at £240m for...

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Accusation against the leader of the confectionery

The specialist will be convicted because of carelessness joepardise and murder.  Last August food poisened sweets were delivered from the confectionery at Seb in region Vas to the public kitchens...

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Hospes hotel in Budapest in 2009

The Spanish hotel chain Hospes Hotels & Moments is planning to open a five-star hotel in the Hungarian capital. According a company statement „Hospes is currently considering different expansion opportunities,...

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Joint venture between Sealed Air and Teknick Packaging Group in Turkey

The newly established joint venture aims to be one of the largest food packaging company in the region.   Teknik Packaging Group, one of the leading packaging groups in Turkey,...

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European Comission defended the Balaton snack

Kraft Foods is set to take an even larger share of the EU snack market after receiving conditional approval by the European Commission to purchase the biscuit, cereals and snack...

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Quality award for Romantik Hotel Kis Helikon Heviz

The hotel won many awards in the last one and half year, this time it got the Award of House of Hungarian Quality 2007. november 13.  On the event of...

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First Törley dancegala

Wide collection of dance art, from Latin dances to Hungarian folkdance were to see on the jubileum dance gala.  The event stagey with due decorum, elegancy and movement was patroned...

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Russian Unimilk to expand

According to Russian media reports the dairy producer Unimilk has acquired CJSC Tikhoretsky canned baby meat plant. The company completed the buy-out of the Krasnodar-based operation last week, which was...

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In the face of hard time InBev closed a successful third quarter

Beer volumes increased 3.6% organically in 3Q07 year-on-year (yoy), with volume growth in all Zones except Western Europe. Year to date, overall beer volumes were 4.8% higher. Reveneu grew by...

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