Company and Personal News

Happy 25 th anniversity for Diet coke

World's #1 Diet Sparkling Beverage Celebrates a Quarter-Century of Refreshing the World with Great Tas. Twenty-five years ago, Diet Coke burst onto the scene and forever changed the beverage landscape....

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Louis Delhaize to buy

The European Commission has announced it has cleared Belgian retailer group, Louis Delhaize SA's proposed acquisition of Hungarian hypermarket retailer, Magyar Hipermarket Kft. Louis Delhaize is a privately owned company,...

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Danone to buy Numico

French food group Danone has offered to buy Dutch baby food manufacturer Numico with a surprise bid of more than 12 billion euros. Numico is the world's second largest manufacturer...

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New directors at HPS

After 16 years FMCG experience arrived Miklos Ostermayer at HPS Group. The new director of sales divison starts with a fresh outsourcing leader called Tamas Korody.   In his new...

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The tourism enterprises are optimictic

The index measuring the confidence of Hungary's biggest tourism enterprises stood at 46,5 in June, up 10 points from last December- according to Ecostat's latest survey. The index of the...

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Holiday cheques: good to get, good to recive

The popularity of Holiday Cheques is on the increase since HUF 18.5 billion worth of Cheques have been sold in the first six months of 2007, compared to HUF 14...

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Drugs outside of pharmacy, not only at gas station, but in hypermarkets too

From July the customer can buy OTC medicines at two Tesco stores.   The retail chain's two hypermarkets, in Budaörs and in the XX. District, started to sell OTC drugs....

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InBev sells off Belgian and Dutch assets

Brewing combine InBev has announced that it is selling certain retail estate assets in the Netherlands and Belgium to Belgian property group Cofinimmo.   The brewer said it had entered...

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HUF 10 million penalty for Drogerie Markt

Two of DM campagne could deceive customer said GVH, Hungarian Competition Authority. After Rossmann's stickler the German-owned drugstore chain Drogerie Markt have to play fine, because of its „Quality for...

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Eckes-Granini acquires Brämhults

German-based fruit beverages company Eckes-Granini Group has acquired the Swedish premium fruit juice producer Brämhults Juice AB from from Mellby Gård Industri AB. The deal, which was completed on 1...

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PepsiCo offer for Danone

Last summer, there was constant speculation that the US company was preparing a bid for Danone, french politicians were disgusted.  Pepsico Inc is mulling a takeover for Groupe Danone, French...

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Rexam to buy Russian beverage can maker

As part of its bid to expand operations into emerging markets Rexam said it has agreed to buy a Russian beverage can maker for €218m. Rexam, the world's leading beverage...

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Finland-based Fazer Group has taken a majority stake in Russian bakery OAO Volzhky Pekar

The company hopes the purchase will double the bakery's turnover in five years.   Fazer Russia is currently making a large investment at the Volzhky Pekar's bakery in Moscow, with the aim...

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Winter invasion, for the second time

Conducted for the first time last year under the name Budapest Winter Invasion (BWI), the campaign, which attracted a unique pool of 70 participating service providers, generated 25,000 extra guest...

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First Iberalta Hotel to build in Budapest

The company's first investment, in value HUF 75 billion, will be a hotel in 8th district of the Hungarian Capital.  The Iberalta –Group International tourism & hotel advicers corporation through...

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Trade marked Hungarian Poultry at Spar supermarkets

Because of higher feeding cost, the prices of poultry and poultry products growth wit 6-8 % in autum. The Hungarian Poultry Product Board and Spar signed an agreement, that the...

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Nestle opens milk powder factory in China

Swiss food giant Nestle said it formally opened a milk powder factory in Erguna, in China's Inner Mongolia region.The company said the plant, Nestle's 21st in China, was in an...

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Most of city restaurants diped

In Ten of 12 restaurants the inspectors disclosed grave defects.  The workmates of Consumer Protection Agency found food beyond garantee, meat without correct labels and runnig up of prices. The...

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1.1 million international and 1.3 million domestic guest

The public accommodation establishments registered by 3 percent more tourism nights in comparison with the data of the same period of the previous year. The gross income of public accommodation...

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Permira Group sell Takko

German clothes retail chain Takko expands in Romania, Bulgaria and Poland. The american Advent International will pay €770 million for Takko and plans to open 150 new stores under this...

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Nestle completes takeover in France and Spain

The world's biggest food and beverage company Nestle won conditional approval from the European Union to buy the nutrition business of pharmaceutical giant Novartis.   The European Commission said the...

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Only the owner will change for Hungarian Biscuits plants

The French food company announced that it has entered exclusive talks to sell its biscuit division to Kraft in a transaction valued at $7.2 billion. This move will allow Kraft...

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Blackstone pays $26 billion for Hilton Hotels

The US investment firm Blackstone Group LP agreed to buy the world biggest hotel chain with nearly 2,800 hotels in 76 countries. Hilton, was founded in 1919, is one of...

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Renewing 4-star hotel in Harkány

The Hotel Dráva Thermal Resort is scheduled to open in Harkány in November. The hotel, being built with the upgrading of an existing hotel, is located next to the thermal...

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Tentacles of Food Express

The biggest hungarian food home delivery company plans expansion with a vocational investor. Food Express wants to open in two directions: in west service is planned for Germany and Austria,...

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Flare at Coca-Cola HBC plant in Luka

The upgrades at the Luka plant enable Coca-Cola HBC to produce 30,000 bottles an hour.   Greek Bottler Coca-Cola HBC (CCHBC) has invested 14.8 mln eur for a new bottled...

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Reorganization at Food Express

There is a hard competition between home delivery food services. Because of the cheap price of small companies, the biggest, Food Express has to make restrictions. A few years ago...

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No more biscuit at Danone

The French Danone – owner of Gyõri Keksz – is thinking about a potential sale of its biscuit business to Kraft or Kellog, its US rivals. Danone's management was expected...

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20 Bauhaus unit in the next years

Germany's do-it-yourself chain, Bauhaus, will debut in October in Dunakeszi.Bauhaus will open two further stores this year, one in Dunakeszi and another in Szigetszentmiklós, which will be followed by 18...

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Food safety fine for Lidl

One of Lidl's polish eiscream had to be get out of the circulation and must be annuled, because the production was not safe enough, and the eiscream could be tainted....

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